Kec Corporation (092220) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Kec Corporation KRW 1,591, price KRW 3,215, upside -50.5%, quality 37 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 631.00 KRW – 9,190 KRW · fair‑value band 1,482 KRW – 1,753 KRW · the 3,215 KRW price screens above the 1,591 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Kec Corporation engages in the manufacture and sale of non-memory semiconductors in South Korea, China, Japan, and the United States. It offers fast recovery and bridge rectifiers; and protection, Schottky barrier, switching, zener, and silicon carbide Schottky barrier diodes.
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Kec Corporation engages in the manufacture and sale of non-memory semiconductors in South Korea, China, Japan, and the United States. It offers fast recovery and bridge rectifiers; and protection, Schottky barrier, switching, zener, and silicon carbide Schottky barrier diodes. The company also provides bipolar transistors, such as complex, darlington, digital, general purpose bipolar, and array transistors; IGBT solutions; and high and low voltage, and S-MOSFETs. In addition, it offers comparators and operational amplifiers; and power management ICs, including AC/DC converters ICs, CMOS reset ICs, gate drivers, linear regulators, voltage detectors, PWM controllers, and DC switcher ICs. Its products are used in automotive, industrial, consumer, and wired and wireless applications. Kec Corporation was founded in 1969 and is headquartered in Seoul, South Korea.
Stock analysis
Kec Corporation (092220) currently trades at 3,215 KRW, while our model-based Fair Value estimate is 1,591 KRW, 50.5% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 5,440 KRW per share, and 1 of the 3 models we run sit above the 3,215 KRW price.
Bear case: the Dividend Discount group reads lowest at 744.77 KRW, and 2 of the 3 models stay below the price. Evidence for this calculation is low.
Scenario range: 1,482 KRW (bear) to 1,753 KRW (bull), the price of 3,215 KRW sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 37/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Kec Corporation reported revenue of 230B KRW in FY2025 versus 267B KRW in FY2021, a compound −3.7%/yr. Reported net income was −26.6B KRW in FY2025.
Key figures
Market cap 129B KRW (≈ $96.2M) · P/S ratio 0.54 · Dividend yield 3.1% · Net margin −11.6% · Return on equity −8.6% · Return on assets (EBIT) −0.8% · Operating margin −4.8% · Revenue (TTM) 238B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 65% below its 52-week high and 381% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −28% fair-value upside, at −51%, 092220 screens richer than that median.
Fair Value models
Bear 1,482 KRWFair Value 1,591 KRWBull 1,753 KRW
Price 3,215 KRW · Upside -50.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.11/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.6%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−3.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.7%
Start year 2020 (pandemic). Over 10 years: +0.9% a year
Revenue growth 19 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.1%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−1.2% (2020) → −9.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Semiconductor Equipment & Materials · 220 stocks
Beats the industry median on 2/8 measures
Overall it trails its industry peers.
Valuation
Quality Score37 · Bottom 25%
Fair Value upside−50.5% · Below median
Profitability
Return on assets−3.0% · Bottom 25%
Net margin (TTM)−11.9% · Bottom 25%
Operating margin (TTM)−4.8% · Bottom 25%
Growth and dividend
Revenue growth13.5% · Below median
Dividend yield (TTM)3.1% · Top 25%
Balance sheet
Debt / equity0.02× · Below median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)68· sector 100
PAST (return on equity)0· sector 38
HEALTH (low debt)99· sector 96
DIVIDEND (yield)62· sector 16
VALUE 0: the price sits above our fair-value range.
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). "Kec Corporation Fair Value". https://www.fairvalue-calculator.com/stock/092220
Frequently asked questions
Is Kec Corporation (092220) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 1,591 KRW versus a price of 3,215 KRW, about −51% upside (overvalued).
What is the fair value of 092220?
Our model-based fair value for Kec Corporation is 1,591 KRW (as of Oct 2, 2026), built from audited fundamentals. The current price: 3,215 KRW.
What is the quality score of 092220?
Kec Corporation has a Quality Score of 37/100. 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 price target for Kec Corporation (092220)?
Our model-based price target is the fair value of 1,591 KRW (as of Oct 2, 2026) from 3 valuation models. Cautious scenario 1,482 KRW, optimistic scenario 1,753 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Kec Corporation stock forecast for 2026?
Our models put fair value at 1,591 KRW, about −51% upside versus a price of 3,215 KRW (overvalued). Cautious scenario 1,482 KRW, optimistic scenario 1,753 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Kec Corporation (092220)?
Kec Corporation reported trailing-twelve-month revenue of about 238B KRW (latest available figure, as of Oct 2, 2026).
Does Kec Corporation pay a dividend?
Kec Corporation currently shows a dividend yield of about 3.11% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of Kec Corporation (092220)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kec Corporation it is 1,591 KRW per share (as of Oct 2, 2026), against a price of 3,215 KRW. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Kec Corporation stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 092220 trades above its calculated fair value: price 3,215 KRW, fair value 1,591 KRW, a gap of about −51% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 092220?
No. The price is what the market pays today (3,215 KRW); the fair value is what the company's own numbers justify (1,591 KRW). For Kec Corporation the two are 1,624 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Kec Corporation worth?
The market values Kec Corporation at about 129B KRW (market capitalisation, as of Oct 2, 2026). Per share that is 3,215 KRW; our models calculate a fair value of 1,591 KRW per share.
What do the bullish and bearish scenarios say about 092220?
Our models span a range for Kec Corporation: cautious scenario 1,482 KRW, base 1,591 KRW, optimistic 1,753 KRW per share (as of Oct 2, 2026, price 3,215 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Kec Corporation (092220)?
Balance-sheet figures for Kec Corporation (as of Oct 2, 2026): return on equity −8.6%, debt of 0.02 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is 092220 from its 52-week high?
Kec Corporation trades at 3,215 KRW, about 65% below its 52-week high of 9,190 KRW and 381% above the low of 668.00 KRW (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 1,591 KRW is for.
Which stocks are comparable to Kec Corporation?
From the same area (Technology) we also value ASML Holding, Lam Research Corporation, Applied Materials, Inc, KLA Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Kec Corporation stock attractive at the current price?
The data as of Oct 2, 2026: price 3,215 KRW, calculated fair value 1,591 KRW (−51%), Quality Score 37/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 092220 calculated?
We run Kec Corporation through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 1,591 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. Kec Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Kec Corporation (092220)?
The closing price on Oct 2, 2026 was 3,215 KRW. Our model-based fair value is 1,591 KRW, about −51% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kec Corporation right now?
The price sits above even our optimistic bull case (1,753 KRW). The favourable scenario is already priced in. Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Kec Corporation
How large is the market capitalisation of Kec Corporation (092220)?
The market capitalisation of Kec Corporation is 129B KRW (≈ $96.2M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Kec Corporation (092220)?
The price-to-sales ratio of Kec Corporation is 0.54 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Kec Corporation (092220)?
The dividend yield of Kec Corporation is 3.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Kec Corporation (092220)?
The net margin of Kec Corporation is −11.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Kec Corporation (092220)?
The return on equity (ROE) of Kec Corporation is −8.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Kec Corporation (092220)?
On an EBIT basis the return on assets of Kec Corporation is −0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Kec Corporation (092220)?
The operating margin of Kec Corporation is −4.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kec Corporation (092220)?
Revenue at Kec Corporation is growing +13.5% versus a year earlier (3y avg −3.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Kec Corporation (092220)?
Earnings per share at Kec Corporation are growing −67.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Kec Corporation (092220) generate?
The free cash flow of Kec Corporation is −29.3B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Kec Corporation (092220) carry?
The net debt of Kec Corporation is 42.1B KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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