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ITM Semiconductor Co (084850) Fair Value & Analysis

Technology · KR · Market cap 174B KRW

IS ITM Semiconductor Co 084850 · KQ
Price8,470 KRW
Fair Value18,318 KRW
Upside+116.3%
Quality39/100
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Mixed Growth
Loss-making · -14.5% net margin
Low debt · generates free cash flow
Trails peers (2/9)
Narrow moat 10/100
Evidence: Medium Range 10,416 KRW – 26,220 KRW Share as image

Fair value as of: Jul 22, 2026

From 9 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 19,142 KRW to 18,318 KRW (−4.3%) since Jul 6, 2026. Share price −5.2% over the past month.

Below-average quality, screening 116% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (10,416 KRW). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (10,416 KRW to 26,220 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

52,091 KRW 7,120 KRW Fair Value 18,318 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 7,120 KRW – 52,091 KRW · fair‑value band 10,416 KRW – 26,220 KRW · the 8,470 KRW price screens below the 18,318 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.

Full chart & analysis →

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Analysis

ITM Semiconductor Co (084850) currently trades at 8,470 KRW, while our model-based Fair Value estimate is 18,318 KRW, implying the stock looks roughly 116.3% undervalued today. The Quality Score stands at 39/100 (below-average quality), in the Technology 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, ITM Semiconductor Co generated revenue of 597B KRW at a net margin of -14.5%. Revenue declined 4.3% year over year. It earns a return on equity of -63.0%. Net debt stands at 287B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 10,416 KRW (bear case) to 26,220 KRW (bull case); at 8,470 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 57% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at 116%, 084850 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 2,411 KRW 3,652 KRW 5,695 KRW 80
EV/EBITDA 24,311 KRW 32,214 KRW 40,116 KRW 54
NCAV (Graham) 2,187 KRW 2,931 KRW 4,375 KRW 50
All 9 models by family
DCF Models
FCF DCF 2,410 KRW 3,723 KRW 5,919 KRW 38
5Y Revenue Exit 2,068 KRW 3,036 KRW 4,316 KRW 39
5Y EBITDA Exit 15,705 KRW 30,328 KRW 48,643 KRW 41
10Y Revenue Exit 2,126 KRW 3,072 KRW 4,447 KRW 36
10Y EBITDA Exit 11,102 KRW 22,737 KRW 40,508 KRW 37
Multiples
EV/EBITDA 24,311 KRW 32,214 KRW 40,116 KRW 54
EV/Revenue 1,930 KRW 2,498 KRW 3,067 KRW 43
Asset-Based
NCAV (Graham) 2,187 KRW 2,931 KRW 4,375 KRW 50
Growth DCF
Growth DCF 2,411 KRW 3,652 KRW 5,695 KRW 80

Widest divergence: DCF Models (3,723 KRW) versus Multiples (2,498 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 597B KRW
Revenue growth (YoY) -4.3%
Net margin -14.5%
Return on equity -63.0%
Free cash flow 3.1B KRW FY2025
Operating margin -3.7%
More key figures
EPS growth (YoY) -16.8%
Net debt 287B KRW FY2025

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

Quality Score breakdown

Overall quality 39/100

Of which business quality 37 · Market factors (momentum, volatility) 16

Profitability 24
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 8
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 85
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

ITM Semiconductor Co., Ltd. engages in development, manufacturing, and sales of secondary battery protection circuit packages used in mobile phones, etc. Its products include protection one chips, protection module packages, battery packs, sensors, battery management systems, wireless chargers, and electronic cigarettes. ITM Semiconductor Co., Ltd.

Full company description

ITM Semiconductor Co., Ltd. engages in development, manufacturing, and sales of secondary battery protection circuit packages used in mobile phones, etc. Its products include protection one chips, protection module packages, battery packs, sensors, battery management systems, wireless chargers, and electronic cigarettes. ITM Semiconductor Co., Ltd. was incorporated in 2000 and is headquartered in Cheongju-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ITM Semiconductor Co reported revenue of 603B KRW in FY2025 versus 513B KRW in FY2021, a compound +4.2%/yr. Reported net income was −93.6B KRW in FY2025.

Growth Quality 45/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
603B KRW
Latest YoY
−6.9%
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.
−1.6%
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.
+9.1%
Avg. growth/yr (8Y) 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.
+14.7%
Revenue +4.2%/yr
FY21 513B KRW
FY22 633B KRW
FY23 581B KRW
FY24 648B KRW
FY25 603B KRW
Net income
FY21 6.3B KRW
FY22 −21.3B KRW
FY23 −33.0B KRW
FY24 1.2B KRW
FY25 −93.6B KRW

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Cite: Fair Value Calculator (2026). "ITM Semiconductor Co Fair Value". https://www.fairvalue-calculator.com/stock/084850

Peer Group

Semiconductors · 318 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 39 · Bottom 25%
Fair Value upside +116% · Top 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) -4% · Bottom 25%
Revenue growth -4% · Bottom 25%
Debt / equity 0.10× · Higher than median

Valuation Multiples vs Semiconductors 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 100 · sector 0
FUTURE 0 · sector 60
PAST 0 · sector 25
HEALTH 95 · sector 97
DIVIDEND 0 · sector 22

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 stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is ITM Semiconductor Co (084850) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 18,318 KRW versus a price of 8,470 KRW, about +116% (undervalued).
What is the fair value of 084850?
Our model-based fair value for ITM Semiconductor Co is 18,318 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 8,470 KRW.
What is the quality score of 084850?
ITM Semiconductor Co has a Quality Score of 39/100. 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 ITM Semiconductor Co (084850)?
ITM Semiconductor Co reported trailing-twelve-month revenue of about 597B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 084850?
The net profit margin of ITM Semiconductor Co is about -14.5%, meaning it is currently running at a net loss. 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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