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Zeus Co (079370) Fair Value & Analysis

Technology · KR · Market cap 287B KRW

ZC Zeus Co 079370 · KQ
Price9,320 KRW
Fair Value3,437 KRW
Upside-63.1%
Quality43/100
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Weak Growth
Thin margins · 5.9% net margin
Low debt · generates free cash flow
0.34% dividend yield
Trails peers (3/9)
Narrow moat 39/100
Evidence: Medium Range 3,437 KRW – 4,957 KRW Share as image

Fair value as of: Jul 22, 2026

From 12 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 1,719 KRW to 3,437 KRW (+100.0%) since Jul 7, 2026. Share price −4.6% over the past month.

Below-average quality, and screening another 63% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (4,957 KRW). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

22,420 KRW 5,924 KRW Fair Value 3,437 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 5,924 KRW – 22,420 KRW · fair‑value band 3,437 KRW – 4,957 KRW · the 9,320 KRW price screens above the 3,437 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Zeus Co (079370) currently trades at 9,320 KRW, while our model-based Fair Value estimate is 3,437 KRW, implying the stock looks roughly 63.1% overvalued today. The Quality Score stands at 43/100 (below-average 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: medium).

Over the trailing twelve months, Zeus Co generated revenue of 477B KRW at a net margin of 5.9%. Revenue grew 47.9% year over year. Net debt stands at 49.7B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 3,437 KRW (bear case) to 4,957 KRW (bull case); at 9,320 KRW, the current price sits above 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 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at -63%, 079370 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 5,848 KRW 9,345 KRW 14,743 KRW 80
Rev-Margin DCF 4,567 KRW 7,510 KRW 11,013 KRW 74
Gordon GGM 1,050 KRW 2,291 KRW 3,855 KRW 70
All 12 models by family
DCF Models
FCF DCF 5,758 KRW 9,769 KRW 16,413 KRW 38
5Y Revenue Exit 4,567 KRW 7,507 KRW 11,290 KRW 39
5Y EBITDA Exit 2,411 KRW 3,370 KRW 4,425 KRW 41
10Y Revenue Exit 4,775 KRW 7,639 KRW 11,575 KRW 36
10Y EBITDA Exit 3,502 KRW 4,659 KRW 6,082 KRW 37
Dividend Discount
Gordon GGM 1,050 KRW 2,291 KRW 3,855 KRW 70
DDM Multi-Stage 1,050 KRW 1,872 KRW 2,388 KRW 61
Multiples
EV/EBITDA 905.15 KRW 1,316 KRW 1,727 KRW 54
EV/Revenue 4,147 KRW 6,065 KRW 7,982 KRW 43
Asset-Based
NCAV (Graham) 5,433 KRW 7,281 KRW 10,867 KRW 50
Growth DCF
Growth DCF 5,848 KRW 9,345 KRW 14,743 KRW 80
Rev-Margin DCF 4,567 KRW 7,510 KRW 11,013 KRW 74

Widest divergence: Growth DCF (7,510 KRW) versus Multiples (1,316 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 477B KRW
Revenue growth (YoY) +47.9%
Net margin 5.9%
Return on equity 1,218%
Free cash flow 14.9B KRW FY2025
Operating margin 8.9%
More key figures
Dividend yield 0.3%
EPS growth (YoY) +1,313%
Net debt 49.7B KRW FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 44 · Market factors (momentum, volatility) 3

Profitability 23
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 1
Calm price path (market factor)
Momentum 3
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 47
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

Zeus Co.,Ltd. develops products in the semiconductor, LCD, LED, renewable energy, and IT industries. The company offers industrial articulated, semiconductor, and LCD (OLED) robots; FPD products, such as thermal process, in-line, and inspection process solutions; semiconductor products, including wet etching and cleaning, quantum dot, and electronic …

Full company description

Zeus Co.,Ltd. develops products in the semiconductor, LCD, LED, renewable energy, and IT industries. The company offers industrial articulated, semiconductor, and LCD (OLED) robots; FPD products, such as thermal process, in-line, and inspection process solutions; semiconductor products, including wet etching and cleaning, quantum dot, and electronic materials and components; PV products that include module process, laser system, screen printer, inspection equipment, and DSSC process solutions; and vacuum products. It also provides FA products consisting of programmable logic controllers, human machine interfaces, FA sensors, servo motors and amps, and ODM/OEM. The company was formerly known as ZEUS COMM. Corporation and changed its name to Zeus Co.,Ltd. in December 1988. Zeus Co.,Ltd. was founded in 1970 and is headquartered in Osan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zeus Co reported revenue of 383B KRW in FY2025 versus 401B KRW in FY2021, a compound −1.1%/yr. Reported net income was −5.8B KRW in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
383B KRW
Latest YoY
−21.9%
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.
−9.0%
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.
+1.3%
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 −1.1%/yr
FY21 401B KRW
FY22 509B KRW
FY23 403B KRW
FY24 491B KRW
FY25 383B KRW
Net income
FY21 16.0B KRW
FY22 35.0B KRW
FY23 9.9B KRW
FY24 41.9B KRW
FY25 −5.8B KRW

079370 screens 63% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "Zeus Co Fair Value". https://www.fairvalue-calculator.com/stock/079370

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 43 · Bottom 25%
Fair Value upside −63% · Below median
Return on assets 4% · Above median
Net margin (TTM) 6% · Below median
Operating margin (TTM) 9% · Below median
Revenue growth 48% · Top 25%
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.19× · Higher than 75% of peers

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

P/FCF 0.0× · Cheaper 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 0 · sector 0
FUTURE 100 · sector 94
PAST 0 · sector 100
HEALTH 91 · sector 99
DIVIDEND 7 · sector 20

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 22, 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 Zeus Co (079370) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 3,437 KRW versus a price of 9,320 KRW, about −63% (overvalued).
What is the fair value of 079370?
Our model-based fair value for Zeus Co is 3,437 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 9,320 KRW.
What is the quality score of 079370?
Zeus Co has a Quality Score of 43/100. 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 Zeus Co (079370)?
Zeus Co reported trailing-twelve-month revenue of about 477B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 079370?
The net profit margin of Zeus Co is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.
Does Zeus Co pay a dividend?
Zeus Co currently shows a dividend yield of about 0.34% relative to its recent price (as of Jul 22, 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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