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Hanyang Digitech Co (078350) Fair Value & Analysis

Technology · KR · Market cap 313B KRW

HD Hanyang Digitech Co 078350 · KQ
Price23,300 KRW
Fair Value20,540 KRW
Upside-11.9%
Quality61/100
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Mixed Growth
Thin margins · 8.1% net margin
Low debt · generates free cash flow
Ranks above peers (6/8)
Moderate moat 59/100
Evidence: High Range 15,045 KRW – 25,674 KRW Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from 30,555 KRW to 20,540 KRW (−32.8%) since Jul 6, 2026. Share price +1.3% over the past month.

A solid business, but screening 12% overvalued on our models.

What matters now

  • Our model range runs from 15,045 KRW (bear) to 25,674 KRW (bull), base 20,540 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 61/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

42,500 KRW 5,130 KRW Fair Value 20,540 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 5,130 KRW – 42,500 KRW · fair‑value band 15,045 KRW – 25,674 KRW · the 23,300 KRW price screens above the 20,540 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

Hanyang Digitech Co (078350) currently trades at 23,300 KRW, while our model-based Fair Value estimate is 20,540 KRW, implying the stock looks roughly 11.9% overvalued today. The Quality Score stands at 61/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Hanyang Digitech Co generated revenue of 445B KRW at a net margin of 8.1%. Revenue grew 52.6% year over year. Net debt stands at 28.8B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 15,045 KRW (bear case) to 25,674 KRW (bull case); at 23,300 KRW, the current price sits within 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 47% below its 52-week high and 168% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at -12%, 078350 screens cheaper than that median.

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 Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 9,333 KRW 17,039 KRW 33,187 KRW 80
Residual Income 10,036 KRW 11,005 KRW 17,147 KRW 76
Rev-Margin DCF 15,332 KRW 32,319 KRW 58,796 KRW 74
All 26 models by family
DCF Models
FCF DCF 9,818 KRW 15,203 KRW 32,616 KRW 38
Owner Earnings 16,487 KRW 37,045 KRW 82,132 KRW 31
5Y Revenue Exit 15,332 KRW 28,810 KRW 56,260 KRW 39
5Y EBITDA Exit 24,581 KRW 48,162 KRW 93,052 KRW 41
5Y P/E Exit 14,915 KRW 32,605 KRW 56,328 KRW 38
10Y Revenue Exit 13,230 KRW 31,552 KRW 49,337 KRW 36
10Y EBITDA Exit 20,686 KRW 50,683 KRW 109,778 KRW 37
10Y P/E Exit 13,597 KRW 30,688 KRW 61,842 KRW 35
Earnings-Based
Graham-Dodd 6,983 KRW 48,702 KRW 68,346 KRW 54
Lynch FV 16,232 KRW 23,189 KRW 30,146 KRW 50
PEG = 1.0 16,232 KRW 23,189 KRW 30,146 KRW 46
EPV 12,308 KRW 14,271 KRW 16,016 KRW 59
Dividend Discount
Gordon GGM 329.81 KRW 720.02 KRW 1,211 KRW 70
DDM Multi-Stage 329.81 KRW 589.82 KRW 750.38 KRW 61
Multiples
P/E Multiple 15,405 KRW 20,540 KRW 25,674 KRW 63
P/S Multiple 13,094 KRW 17,459 KRW 21,823 KRW 58
P/B Multiple 13,094 KRW 17,459 KRW 21,823 KRW 55
EV/EBIT 23,286 KRW 30,654 KRW 38,022 KRW 53
EV/EBITDA 29,530 KRW 38,979 KRW 48,428 KRW 54
EV/Revenue 16,081 KRW 22,467 KRW 28,853 KRW 43
Asset-Based
NCAV (Graham) 5,829 KRW 7,811 KRW 11,658 KRW 50
Growth DCF
Growth DCF 9,333 KRW 17,039 KRW 33,187 KRW 80
Rev-Margin DCF 15,332 KRW 32,319 KRW 58,796 KRW 74
Economic Profit
Residual Income 10,036 KRW 11,005 KRW 17,147 KRW 76
ROIC Compounder 13,051 KRW 18,269 KRW 23,371 KRW 72
Growth Earnings
Growth-Adj P/E 21,010 KRW 30,014 KRW 39,018 KRW 68

Widest divergence: DCF Models (31,552 KRW) versus Dividend Discount (589.82 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 445B KRW
Revenue growth (YoY) +52.6%
Net margin 8.1%
Return on equity 1,436%
Free cash flow 7.1B KRW FY2025
Operating margin 11.8%
More key figures
EPS growth (YoY) +21.4%
Net debt 28.8B KRW FY2023

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 58 · Market factors (momentum, volatility) 52

Profitability 46
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 35
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 71
Distance to the 52-week high (market factor)
Net Issuance 95
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

Hanyang Digitech Co., Ltd. engages in the development, manufacture, and sale of semiconductor memory modules and VoIP terminals in South Korea and internationally. It operates through Module, IP Communications, and Bio divisions. The Module division offers memory modules for IT servers and PC desktops.

Full company description

Hanyang Digitech Co., Ltd. engages in the development, manufacture, and sale of semiconductor memory modules and VoIP terminals in South Korea and internationally. It operates through Module, IP Communications, and Bio divisions. The Module division offers memory modules for IT servers and PC desktops. The IP Communications division offers IP telecom devices for tele-com service providers; and mTA, which switches PSTN wiring telephone service to a fiber-cable network, multi-port gateway, wifi routers with 100Mbps, and giga bps and mVoIP phone products. The Bio division researches and develops analytical equipment, as well as manufactures medical equipment to enhance human health. Hanyang Digitech Co.,Ltd. was founded in 1988 and is based in Hwaseong, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hanyang Digitech Co reported revenue of 651B KRW in FY2025 versus 303B KRW in FY2021, a compound +21.0%/yr. Reported net income was 15.0B KRW in FY2025, compounding −11.3%/yr from FY2021.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
651B KRW
Latest YoY
+9.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+32.4%
Avg. growth/yr (18Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.6%
Revenue +21.0%/yr
FY21 303B KRW
FY22 485B KRW
FY23 479B KRW
FY24 595B KRW
FY25 651B KRW
Net income −11.3%/yr
FY21 24.2B KRW
FY22 37.2B KRW
FY23 12.6B KRW
FY24 25.5B KRW
FY25 15.0B KRW

078350 screens 12% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "Hanyang Digitech Co Fair Value". https://www.fairvalue-calculator.com/stock/078350

Peer Group

Semiconductors & Semiconductor Equipment · 46 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Above median
Fair Value upside −12% · Above median
Return on assets 17% · Top 25%
Net margin (TTM) 8% · Below median
Operating margin (TTM) 12% · Above median
Revenue growth 53% · Top 25%

Valuation Multiples vs Semiconductors & Semiconductor Equipment median · lower = cheaper

P/FCF 0.0× · Pricier than median

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 18 · sector 0
FUTURE 100 · sector 94
PAST 0 · sector 100
HEALTH 100 · sector 99
DIVIDEND 0 · sector 20

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

10 more Semiconductors & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
TES Co 095610 194,300 KRW 48,953 KRW -75%
Eugene Technology Co 084370 146,800 KRW 38,128 KRW -74%
TSE Co 131290 282,500 KRW 69,101 KRW -76%
ISC Co 095340 151,200 KRW 46,504 KRW -69%
PSK HOLDINGS Inc 031980 136,200 KRW 69,242 KRW -49%
Jeju Semiconductor Corp 080220 81,900 KRW 23,473 KRW -71%
Tokai Carbon Korea Co 064760 232,000 KRW 112,596 KRW -51%
HANA Micron Inc 067310 35,750 KRW 11,501 KRW -68%
RFHIC Corporation 218410 46,250 KRW 20,781 KRW -55%
S&S Tech Corporation 101490 39,600 KRW 46,799 KRW +18%

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Frequently asked questions

Is Hanyang Digitech Co (078350) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 20,540 KRW versus a price of 23,300 KRW, about −12% (overvalued).
What is the fair value of 078350?
Our model-based fair value for Hanyang Digitech Co is 20,540 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 23,300 KRW.
What is the quality score of 078350?
Hanyang Digitech Co has a Quality Score of 61/100. 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 Hanyang Digitech Co (078350)?
Hanyang Digitech Co reported trailing-twelve-month revenue of about 445B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 078350?
The net profit margin of Hanyang Digitech Co is about 8.1%, meaning it keeps roughly 8.1% of revenue as net income. Based on the latest reported figures.

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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