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MegaStudy Co (072870) Fair Value & Analysis

Academic & Educational Services · KR · Market cap 149B KRW

MC MegaStudy Co 072870 · KQ
Price13,230 KRW
Fair Value38,931 KRW
Upside+194.3%
Quality63/100
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Weak Growth
Highly profitable · 20.4% net margin
Low debt · generates free cash flow
11.13% dividend yield
Ranks above peers (7/9)
Moderate moat 62/100
Evidence: Medium Range 29,199 KRW – 48,664 KRW Share as image

Fair value as of: Jul 20, 2026

From 22 valuation models · updated 20 days ago

Share price −0.5% over the past month.

A solid business, screening 194% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (29,199 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

13,610 KRW 7,171 KRW Fair Value 38,931 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 7,171 KRW – 13,610 KRW · fair‑value band 29,199 KRW – 48,664 KRW · the 13,230 KRW price screens below the 38,931 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

MegaStudy Co (072870) currently trades at 13,230 KRW, while our model-based Fair Value estimate is 38,931 KRW, implying the stock looks roughly 194.3% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Academic & Educational Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, MegaStudy Co generated revenue of 128B KRW at a net margin of 20.4%. Revenue declined 11.1% year over year. Fundamentals as of Jul 20, 2026

Our scenario range runs from 29,199 KRW (bear case) to 48,664 KRW (bull case); at 13,230 KRW, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 33% above its 52-week low, currently above its 200-day average.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 31,371 KRW 40,804 KRW 56,940 KRW 80
Residual Income 23,545 KRW 25,309 KRW 29,569 KRW 76
Rev-Margin DCF 20,055 KRW 24,990 KRW 31,288 KRW 74
All 22 models by family
DCF Models
FCF DCF 30,218 KRW 39,937 KRW 57,938 KRW 38
Owner Earnings 39,351 KRW 52,655 KRW 77,297 KRW 31
5Y Revenue Exit 20,055 KRW 24,409 KRW 30,691 KRW 39
5Y EBITDA Exit 30,355 KRW 42,242 KRW 57,992 KRW 41
5Y P/E Exit 34,877 KRW 50,072 KRW 68,214 KRW 38
10Y Revenue Exit 23,619 KRW 27,225 KRW 30,866 KRW 36
10Y EBITDA Exit 30,107 KRW 38,252 KRW 46,894 KRW 37
10Y P/E Exit 32,852 KRW 43,094 KRW 52,895 KRW 35
Earnings-Based
Graham-Dodd 15,573 KRW 19,033 KRW 21,412 KRW 54
EPV 14,499 KRW 16,004 KRW 17,321 KRW 59
Multiples
P/E Multiple 37,786 KRW 50,382 KRW 62,977 KRW 63
P/S Multiple 9,610 KRW 12,813 KRW 16,016 KRW 58
P/B Multiple 29,199 KRW 38,931 KRW 48,664 KRW 55
EV/EBIT 28,729 KRW 36,484 KRW 44,238 KRW 53
EV/EBITDA 34,655 KRW 44,385 KRW 54,115 KRW 54
EV/Revenue 14,434 KRW 18,278 KRW 22,122 KRW 43
Asset-Based
NCAV (Graham) 14,081 KRW 18,869 KRW 28,163 KRW 50
Growth DCF
Growth DCF 31,371 KRW 40,804 KRW 56,940 KRW 80
Rev-Margin DCF 20,055 KRW 24,990 KRW 31,288 KRW 74
Economic Profit
Residual Income 23,545 KRW 25,309 KRW 29,569 KRW 76
ROIC Compounder 14,499 KRW 16,004 KRW 17,321 KRW 72
Growth Earnings
Growth-Adj P/E 26,636 KRW 38,052 KRW 49,468 KRW 68

Widest divergence: DCF Models (39,937 KRW) versus Earnings-Based (16,004 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 128B KRW
Revenue growth (YoY) -11.1%
Net margin 20.4%
Return on equity 440%
Free cash flow 30.4B KRW FY2025
Operating margin 9.0%
More key figures
Dividend yield 11.1%
EPS growth (YoY) -3.0%

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 61 · Market factors (momentum, volatility) 76

Profitability 39
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 82
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

MegaStudy Co., Ltd. provides online and offline education services to college students and general adults in South Korea. It publishes, prints, and supplies text books for elementary, and middle and high school students, as well as adults; and offers educational support, school group meal, catering, and cafeteria services.

Full company description

MegaStudy Co., Ltd. provides online and offline education services to college students and general adults in South Korea. It publishes, prints, and supplies text books for elementary, and middle and high school students, as well as adults; and offers educational support, school group meal, catering, and cafeteria services. The company also invests in new technology companies; and leases and manages real estate properties, as well as engages in the school transportation and other investment businesses. MegaStudy Co., Ltd. was founded in 2000 and is headquartered in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MegaStudy Co reported revenue of 127B KRW in FY2025 versus 134B KRW in FY2021, a compound −1.2%/yr. Reported net income was 27.3B KRW in FY2025, compounding +1.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
127B KRW
Latest YoY
−5.2%
Avg. growth/yr (3Y)
+1.5%
Avg. growth/yr (5Y)
−0.9%
Avg. growth/yr (15Y)
−4.8%
Revenue −1.2%/yr
FY21 134B KRW
FY22 122B KRW
FY23 108B KRW
FY24 134B KRW
FY25 127B KRW
Net income +1.8%/yr
FY21 25.4B KRW
FY22 19.1B KRW
FY23 21.7B KRW
FY24 16.1B KRW
FY25 27.3B KRW

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Cite: Fair Value Calculator (2026). "MegaStudy Co Fair Value". https://www.fairvalue-calculator.com/stock/072870

Peer Group

Consumer Discretionary · 3559 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Miscellaneous Educational Service Providers” was too small, so the broader sector is used.)

Quality Score 63 · Top 25%
Return on equity (TTM) 440% · Top 25%
Return on assets 2% · Below median
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 9% · Above median
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 11.1% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Consumer Discretionary median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 23
FUTURE 0 · sector 14
PAST 100 · sector 21
HEALTH 99 · sector 96
DIVIDEND 100 · sector 41

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

4 more Miscellaneous Educational Service Providers stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Creverse, Inc 096240 8,400 KRW 13,318 KRW +59%
YBM Net, Inc 057030 2,100 KRW 1,687 KRW -20%
FEU FEU 800.50 PHP 1,990 PHP +149%
IPO IPO 7.25 PHP 16.17 PHP +123%

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Frequently asked questions

Is MegaStudy Co (072870) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 38,931 KRW versus a price of 13,230 KRW, about +194% (undervalued).
What is the fair value of 072870?
Our model-based fair value for MegaStudy Co is 38,931 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 13,230 KRW.
What is the quality score of 072870?
MegaStudy Co has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of MegaStudy Co (072870)?
MegaStudy Co reported trailing-twelve-month revenue of about 128B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 072870?
The net profit margin of MegaStudy Co is about 20.4%, meaning it keeps roughly 20.4% of revenue as net income. Based on the latest reported figures.
Does MegaStudy Co pay a dividend?
MegaStudy Co currently shows a dividend yield of about 11.13% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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