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NC& Co (092600) Fair Value & Analysis

Technology · KR · Market cap 14.1B KRW

NC NC& Co 092600 · KQ
Price2,400 KRW
Fair Value1,005 KRW
Upside-58.1%
Quality53/100
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Evidence: Medium Range 635.16 KRW – 1,685 KRW

Fair value as of: Jul 6, 2026

From 12 valuation models · updated today

Fair value updated Jul 6, 2026 — revised from 11,748 KRW to 1,005 KRW (−91.4%) since Jun 24, 2026. Share price −23.3% over the past month.

Price vs Fair Value (12 months)

7,495 KRW 2,255 KRW Fair Value 1,005 KRW May 2025 Jul 2026

12‑month range 2,255 KRW – 7,495 KRW · fair‑value band 635.16 KRW – 1,685 KRW · the 2,400 KRW price screens above the 1,005 KRW fair value. As of Jul 6, 2026.

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Analysis

NC& Co (092600) currently trades at 2,400 KRW, while our model-based Fair Value estimate is 1,005 KRW — implying the stock looks roughly 58.1% overvalued today. We read business quality at 53/100 (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).

Over the trailing twelve months, NC& Co generated revenue of 97.7B KRW at a net margin of -20.3%. Revenue declined 31.5% year over year. Net debt stands at 5.5B KRW. Fundamentals as of Jul 6, 2026

Our scenario range runs from 635.16 KRW (bear case) to 1,685 KRW (bull case); at 2,400 KRW, the current price sits above that range. The share trades about 75% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -58% fair-value upside — at -58%, 092600 screens richer than that median.

Key figures & financial health

Revenue (TTM) 97.7B KRW
Revenue growth (YoY) -31.5%
Net margin -20.3%
Return on equity -7,563%
Free cash flow −27.3B KRW FY2025
Operating margin -30.3%
More key figures
Net debt 5.5B KRW FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 6, 2026. TTM = trailing twelve months.

About the company

NC& Co.,Ltd produces and sells semiconductors for the video security industry in South Korea. The company offers image signal processors, AHD and SoC products, and advanced driver assist systems. Its products are used in business, security, automotive, and consumer applications. The company was formerly known as NEXTCHIP Co., Ltd. and changed its name to NC& Co.,Ltd in January 2019. NC& Co.,Ltd was founded in 1997 and is based in Seongnam, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NC& Co reported revenue of 103B KRW in FY2025 versus 115B KRW in FY2021, a compound −2.8%/yr. Reported net income was 12.5B KRW in FY2025.

Revenue −2.8%/yr
FY21 115B KRW
FY22 92.6B KRW
FY23 61.7B KRW
FY24 89.7B KRW
FY25 103B KRW
Net income
FY21 −17.9B KRW
FY22 −22.0B KRW
FY23 −18.2B KRW
FY24 −18.7B KRW
FY25 12.5B KRW

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Cite: Fair Value Calculator (2026). "NC& Co Fair Value". https://www.fairvalue-calculator.com/stock/092600

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Frequently asked questions

Is NC& Co (092600) undervalued?
As of Jul 6, 2026, our model estimates a fair value of 1,005 KRW versus a price of 2,400 KRW — about −58% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 092600?
Our model-based fair value for NC& Co is 1,005 KRW (as of Jul 6, 2026), built from audited fundamentals. The current price is 2,400 KRW.
What is the quality score of 092600?
NC& Co has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NC& Co (092600)?
NC& Co reported trailing-twelve-month revenue of about 97.7B KRW (latest available figure, as of Jul 6, 2026).
What is the net profit margin of 092600?
The net profit margin of NC& Co is about -20.3%, 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.