EN DE

Alticast Corporation (085810) Fair Value & Analysis

Technology · KR · Market cap 22.3B KRW

AC Alticast Corporation 085810 · KQ
Price1,747 KRW
Fair Value1,151 KRW
Upside-34.1%
Quality58/100
Watch Alticast Corporation for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Low debt · negative free cash flow
Trails peers (2/6)
Narrow moat 12/100
Evidence: Medium Range 1,036 KRW – 1,250 KRW Share as image

Fair value as of: Jul 20, 2026

From 8 valuation models · updated 21 days ago

Share price +3.3% over the past month.

A solid business, but screening 34% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1,250 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

19,100 KRW 1,164 KRW Fair Value 1,151 KRW Feb 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 1,164 KRW – 19,100 KRW · fair‑value band 1,036 KRW – 1,250 KRW · the 1,747 KRW price screens above the 1,151 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.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Alticast Corporation (085810) currently trades at 1,747 KRW, while our model-based Fair Value estimate is 1,151 KRW, implying the stock looks roughly 34.1% overvalued today. The Quality Score stands at 58/100 (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: medium).

Trailing-twelve-month revenue stands at 9.3B KRW. Revenue declined 83.8% year over year. Net debt stands at 2.9B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 1,036 KRW (bear case) to 1,250 KRW (bull case); at 1,747 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 54% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 8% fair-value upside, at -34%, 085810 screens richer 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
ROIC Compounder 1,094 KRW 1,230 KRW 1,349 KRW 72
Gordon GGM 0.8500 KRW 1.76 KRW 2.80 KRW 70
DDM Multi-Stage 0.8500 KRW 1.49 KRW 1.85 KRW 61
All 8 models by family
Earnings-Based
EPV 1,094 KRW 1,230 KRW 1,349 KRW 59
Dividend Discount
Gordon GGM 0.8500 KRW 1.76 KRW 2.80 KRW 70
DDM Multi-Stage 0.8500 KRW 1.49 KRW 1.85 KRW 61
Multiples
EV/EBIT 2,591 KRW 3,361 KRW 4,132 KRW 53
EV/EBITDA 2,528 KRW 3,277 KRW 4,027 KRW 54
EV/Revenue 1,837 KRW 2,505 KRW 3,173 KRW 43
Asset-Based
NCAV (Graham) 1,232 KRW 1,650 KRW 2,463 KRW 50
Economic Profit
ROIC Compounder 1,094 KRW 1,230 KRW 1,349 KRW 72

Widest divergence: Multiples (3,277 KRW) versus Dividend Discount (1.49 KRW). Highest evidence: ROIC Compounder (72).

Notify me when 085810 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 9.3B KRW
Revenue growth (YoY) -83.8%
Net margin -211%
Return on equity -6,097%
Free cash flow −2.6B KRW FY2025
Operating margin -131%
More key figures
Net debt 2.9B KRW FY2023

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 12

Profitability 23
Margins and returns on capital today
Quality Growth 75
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 23
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 100
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

Alticast Corporation develops software solutions in South Korea. The company's products include Ambient TV, an E2E media platform; business intelligence and remote management systems; AltiCloud UI, a solution that virtualizes UI applications to minimize devices; AltiPlatform-WEB, a software platform for low-end set-top boxes to 4K, UHD, and HDR set-top …

Full company description

Alticast Corporation develops software solutions in South Korea. The company's products include Ambient TV, an E2E media platform; business intelligence and remote management systems; AltiCloud UI, a solution that virtualizes UI applications to minimize devices; AltiPlatform-WEB, a software platform for low-end set-top boxes to 4K, UHD, and HDR set-top boxes; AltiPlatform-Android, a software platform for Android TV and AOSP based set-top boxes; AltiPlatform-RDK, an open source integrated RDK platform; AltiProtect-CAS, a reception restriction system; AltiProtect-MultiDRM, a security framework for multi-screen and OTT services; AltiView, an UX product; and Voiceable, a voice interface for TV. Its solutions include Alticast E2E media platform; Alticast automotive solution based on secure OTA and automotive data logging systems; data-driven analytics and consulting services; and UX Consulting services. The company was founded in 1999 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alticast Corporation reported revenue of 53.2B KRW in FY2025 versus 36.3B KRW in FY2021, a compound +10.0%/yr. Reported net income was −813M KRW in FY2025.

Growth Quality 19/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
53.2B KRW
Latest YoY
+835.9%
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.
+94.3%
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.
+3.6%
Avg. growth/yr (12Y) 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.
−2.7%
Revenue +10.0%/yr
FY21 36.3B KRW
FY22 7.2B KRW
FY23 5.7B KRW
FY24 5.7B KRW
FY25 53.2B KRW
Net income
FY21 −4.9B KRW
FY22 −17.8B KRW
FY23 −26.0B KRW
FY24 −13.0B KRW
FY25 −813M KRW

085810 screens 34% overvalued. Compare with KINX, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Alticast Corporation Fair Value". https://www.fairvalue-calculator.com/stock/085810

Peer Group

Software & IT Services · 32 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 58 · Above median
Fair Value upside −34% · Below median
Return on assets -9% · Bottom 25%
Operating margin (TTM) -131% · Bottom 25%
Revenue growth -84% · Bottom 25%
Debt / equity 0.03× · Lower 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 0 · sector 28
PAST 0 · sector 74
HEALTH 99 · sector 99
DIVIDEND 0 · sector 26

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

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 Software & IT Services stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
KINX, Inc 093320 128,700 KRW 74,800 KRW -42%
Wemade Co 112040 15,160 KRW 9,700 KRW -36%
AfreecaTV Co 067160 45,200 KRW 176,746 KRW +291%
Gabia Inc 079940 44,050 KRW 24,232 KRW -45%
Hancom Inc 030520 15,890 KRW 31,596 KRW +99%
Webzen Inc 069080 11,750 KRW 12,748 KRW +8%
NEOWIZ 095660 17,010 KRW 46,407 KRW +173%
Wemade Max Co 101730 3,665 KRW 825.00 KRW -77%
GalaxiaMoneytree Co 094480 4,600 KRW 3,778 KRW -18%
DAEA TI Co 045390 2,475 KRW 4,958 KRW +100%

Compare Alticast Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Alticast Corporation (085810) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 1,151 KRW versus a price of 1,747 KRW, about −34% (overvalued).
What is the fair value of 085810?
Our model-based fair value for Alticast Corporation is 1,151 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 1,747 KRW.
What is the quality score of 085810?
Alticast Corporation has a Quality Score of 58/100. 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 Alticast Corporation (085810)?
Alticast Corporation reported trailing-twelve-month revenue of about 9.3B KRW (latest available figure, 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.

14 days Pro free · no card

Track Alticast Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.