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kt nasmedia Co (089600) Fair Value & Analysis

Communication Services · KR · Market cap 112B KRW

KN kt nasmedia Co 089600 · KQ
Price11,340 KRW
Fair Value13,422 KRW
Upside+18.4%
Quality63/100
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Healthy Growth
Loss-making · -4.6% net margin
Low debt · generates free cash flow
6.99% dividend yield
Ranks above peers (8/10)
Narrow moat 22/100
Evidence: High Range 10,067 KRW – 16,778 KRW Share as image

Fair value as of: Jul 20, 2026

From 22 valuation models · updated 21 days ago

Share price +12.5% over the past month.

A solid business, screening 18% undervalued on our models.

What matters now

  • Our model range runs from 10,067 KRW (bear) to 16,778 KRW (bull), base 13,422 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 63/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

30,595 KRW 9,240 KRW Fair Value 13,422 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 9,240 KRW – 30,595 KRW · fair‑value band 10,067 KRW – 16,778 KRW · the 11,340 KRW price screens below the 13,422 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

kt nasmedia Co (089600) currently trades at 11,340 KRW, while our model-based Fair Value estimate is 13,422 KRW, implying the stock looks roughly 18.4% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Communication 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: high), always confirm before acting.

Over the trailing twelve months, kt nasmedia Co generated revenue of 143B KRW at a net margin of -4.6%. Revenue grew 3.3% year over year. It earns a return on equity of -1.9%. Fundamentals as of Jul 20, 2026

Our scenario range runs from 10,067 KRW (bear case) to 16,778 KRW (bull case); at 11,340 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 33% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at 18%, 089600 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 34,162 KRW 45,156 KRW 64,659 KRW 80
Residual Income 13,245 KRW 12,942 KRW 11,192 KRW 76
Rev-Margin DCF 19,757 KRW 25,277 KRW 32,507 KRW 74
All 22 models by family
DCF Models
FCF DCF 32,836 KRW 44,108 KRW 65,865 KRW 38
Owner Earnings 20,164 KRW 26,737 KRW 39,423 KRW 31
5Y Revenue Exit 19,757 KRW 24,576 KRW 31,697 KRW 39
5Y EBITDA Exit 25,404 KRW 34,254 KRW 46,222 KRW 41
5Y P/E Exit 19,380 KRW 23,929 KRW 29,592 KRW 38
10Y Revenue Exit 24,340 KRW 28,796 KRW 33,391 KRW 36
10Y EBITDA Exit 28,054 KRW 34,963 KRW 42,311 KRW 37
10Y P/E Exit 24,379 KRW 28,383 KRW 32,098 KRW 35
Earnings-Based
Graham-Dodd 4,149 KRW 5,870 KRW 6,874 KRW 54
EPV 7,705 KRW 8,583 KRW 9,350 KRW 59
Multiples
P/E Multiple 10,067 KRW 13,422 KRW 16,778 KRW 63
P/S Multiple 7,779 KRW 10,372 KRW 12,965 KRW 58
P/B Multiple 7,779 KRW 10,372 KRW 12,965 KRW 55
EV/EBIT 15,706 KRW 20,127 KRW 24,548 KRW 53
EV/EBITDA 23,845 KRW 30,980 KRW 38,114 KRW 54
EV/Revenue 12,500 KRW 16,811 KRW 21,122 KRW 43
Asset-Based
NCAV (Graham) 9,049 KRW 12,125 KRW 18,098 KRW 50
Growth DCF
Growth DCF 34,162 KRW 45,156 KRW 64,659 KRW 80
Rev-Margin DCF 19,757 KRW 25,277 KRW 32,507 KRW 74
Economic Profit
Residual Income 13,245 KRW 12,942 KRW 11,192 KRW 76
ROIC Compounder 7,705 KRW 8,583 KRW 9,350 KRW 72
Growth Earnings
Growth-Adj P/E 7,096 KRW 10,138 KRW 13,179 KRW 68

Widest divergence: DCF Models (28,383 KRW) versus Earnings-Based (5,870 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 143B KRW
Revenue growth (YoY) +3.3%
Net margin -4.6%
Return on equity -1.9%
Free cash flow 34.3B KRW FY2025
Operating margin 10.3%
More key figures
Dividend yield 7.0%
EPS growth (YoY) -3.2%

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 65 · Market factors (momentum, volatility) 42

Profitability 29
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 65
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

kt nasmedia Co., Ltd. operates as a digital marketing platform company in South Korea. The company offers online and mobile ad services, including display and search ads; digital broadcasting ad services, such as IPTV VOD, real-time channel, Addressable TV, and pre-roll type TV ads; digital out of home ads; and global marketing services.

Full company description

kt nasmedia Co., Ltd. operates as a digital marketing platform company in South Korea. The company offers online and mobile ad services, including display and search ads; digital broadcasting ad services, such as IPTV VOD, real-time channel, Addressable TV, and pre-roll type TV ads; digital out of home ads; and global marketing services. It also provides adpacker, a programmatic DSP based on sophisticated audience targeting; admixer, a global SSP based on global AD exchange and google publisher partner; Nasmedia Ad Platform that Offers personalized reward services using audience targeting technology; AD Tech that offers planning, programmatic buying, analytics, and data management; and AD Study that studies effects of digital media cross platform ad campaigns and advance ad tech platform. In addition, the company offers N.DMP, a big data and AI-based data-driven audience targeting platform; Bid Optimizer, a service for maximizing AdMixer's Ad bid rate with real-time Ad bidding optimization AI model; Auto Traffic Curation for customized advertising traffic; Fraud Detection; and Ad effect research and data-based consulting services. The company was formerly known as Nasmedia Co., Ltd. and changed its name to kt nasmedia Co., Ltd. in April 2025. The company was founded in 2000 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

kt nasmedia Co reported revenue of 118B KRW in FY2025 versus 124B KRW in FY2021, a compound −1.3%/yr. Reported net income was 6.8B KRW in FY2025, compounding −28.6%/yr from FY2021.

Growth Quality 66/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
118B KRW
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.
+4.7%
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.
+4.0%
Avg. growth/yr (9Y) 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.
+13.5%
Revenue −1.3%/yr
FY21 124B KRW
FY22 152B KRW
FY23 147B KRW
FY24 143B KRW
FY25 118B KRW
Net income −28.6%/yr
FY21 26.1B KRW
FY22 26.8B KRW
FY23 16.7B KRW
FY24 −6.5B KRW
FY25 6.8B KRW

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Cite: Fair Value Calculator (2026). "kt nasmedia Co Fair Value". https://www.fairvalue-calculator.com/stock/089600

Peer Group

Advertising Agencies · 199 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 63 · Top 25%
Fair Value upside +18% · Above median
Return on assets 3% · Above median
Net margin (TTM) -5% · Below median
Operating margin (TTM) 10% · Top 25%
Revenue growth 3% · Above median
Dividend yield (TTM) 7.0% · Top 25%

Valuation Multiples vs Advertising Agencies 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 58 · sector 19
FUTURE 17 · sector 8
PAST 0 · sector 7
HEALTH 100 · sector 98
DIVIDEND 100 · sector 66

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 Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $506.98 $181.37 -64%
Publicis Groupe S.A PUB €87.16 €146.36 +68%
Omnicom Group OMC $80.75 $99.84 +24%
Focus Media Information Technology Co 002027 ¥5.00 ¥4.08 -18%
The Trade Desk, Inc TTD $19.37 $20.76 +7%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €21.28 €20.99 -1%
WPP plc WPP $18.13 $18.56 +2%
Easy Click Worldwide Network Technology Co 301171 ¥28.85 ¥5.62 -81%
Magnite, Inc MGNI $19.91 $17.17 -14%

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Frequently asked questions

Is kt nasmedia Co (089600) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 13,422 KRW versus a price of 11,340 KRW, about +18% (undervalued).
What is the fair value of 089600?
Our model-based fair value for kt nasmedia Co is 13,422 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 11,340 KRW.
What is the quality score of 089600?
kt nasmedia 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 kt nasmedia Co (089600)?
kt nasmedia Co reported trailing-twelve-month revenue of about 143B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 089600?
The net profit margin of kt nasmedia Co is about -4.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does kt nasmedia Co pay a dividend?
kt nasmedia Co currently shows a dividend yield of about 6.81% 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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