TES Co (095610) Fair Value & Analysis
Technology · KR · Market cap 3.4T KRW
Fair value as of: Jul 17, 2026
From 26 valuation models · updated 24 days ago
Share price −8.2% over the past month.
A solid business, but screening 61% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (80,911 KRW). The favourable scenario is already priced in.
- Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (36,715 KRW to 80,911 KRW) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.
How to read this chart
60‑month range 12,357 KRW – 217,500 KRW · fair‑value band 36,715 KRW – 80,911 KRW · the 124,600 KRW price screens above the 48,953 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.
Analysis
TES Co (095610) currently trades at 124,600 KRW, while our model-based Fair Value estimate is 48,953 KRW, implying the stock looks roughly 60.7% overvalued today. The Quality Score stands at 69/100 (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: high).
Over the trailing twelve months, TES Co generated revenue of 345B KRW at a net margin of 17.3%. Revenue grew 67.1% year over year. Net debt stands at 44.5B KRW. Fundamentals as of Jul 17, 2026
Our scenario range runs from 36,715 KRW (bear case) to 80,911 KRW (bull case); at 124,600 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 19% below its 52-week high, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -55% fair-value upside, at -61%, 095610 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.
All 26 models by family
Widest divergence: Growth Earnings (84,671 KRW) versus Dividend Discount (9,160 KRW). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 68 · Market factors (momentum, volatility) 71
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
TES Co., Ltd. manufactures and sells semiconductors, displays, and compound semiconductor equipment. It offers PECVD, dry cleaning, and single LPCVD products for semiconductors; display and OLED pathfinder series products; and HESTIA series products for optoelectronics. The company was founded in 2002 and is headquartered in Yongin, South Korea.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
TES Co reported revenue of 351B KRW in FY2025 versus 375B KRW in FY2021, a compound −1.6%/yr. Reported net income was 56.9B KRW in FY2025, compounding −6.3%/yr from FY2021.
095610 screens 61% overvalued. Compare with Eugene Technology Co →
Peer Group
Semiconductors & Semiconductor Equipment · 46 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.
Valuation Multiples vs Semiconductors & Semiconductor Equipment median · lower = cheaper
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: the price sits above our fair-value range.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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 & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Eugene Technology Co 084370 | 146,800 KRW | 38,128 KRW | -74% |
| TSE Co 131290 | 282,500 KRW | 69,101 KRW | -76% |
| ISC Co 095340 | 151,200 KRW | 46,504 KRW | -69% |
| PSK HOLDINGS Inc 031980 | 136,200 KRW | 69,242 KRW | -49% |
| Jeju Semiconductor Corp 080220 | 81,900 KRW | 23,473 KRW | -71% |
| Tokai Carbon Korea Co 064760 | 232,000 KRW | 112,596 KRW | -51% |
| HANA Micron Inc 067310 | 35,750 KRW | 11,501 KRW | -68% |
| RFHIC Corporation 218410 | 46,250 KRW | 20,781 KRW | -55% |
| S&S Tech Corporation 101490 | 39,600 KRW | 46,799 KRW | +18% |
| Global Standard Technology, Limited 083450 | 42,350 KRW | 50,658 KRW | +20% |
Compare TES Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is TES Co (095610) overvalued or undervalued?
What is the fair value of 095610?
What is the quality score of 095610?
What is the revenue of TES Co (095610)?
What is the net profit margin of 095610?
Does TES Co pay a dividend?
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.
Track TES Co 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.