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ABOV Semiconductor Co (102120) Fair Value & Analysis

Technology · KR · Market cap 118B KRW

AS ABOV Semiconductor Co 102120 · KQ
Price7,380 KRW
Fair Value9,448 KRW
Upside+28.0%
Quality58/100
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Expensive Growth
Solidly profitable · 10.7% net margin
Low debt · negative free cash flow
1.71% dividend yield
Ranks above peers (5/8)
Moderate moat 46/100
Evidence: Medium Range 6,614 KRW – 12,283 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Share price −6.2% over the past month.

A solid business, screening 28% undervalued on our models.

What matters now

  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (6,614 KRW to 12,283 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

21,808 KRW 5,680 KRW Fair Value 9,448 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 5,680 KRW – 21,808 KRW · fair‑value band 6,614 KRW – 12,283 KRW · the 7,380 KRW price screens below the 9,448 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

ABOV Semiconductor Co (102120) currently trades at 7,380 KRW, while our model-based Fair Value estimate is 9,448 KRW, implying the stock looks roughly 28.0% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Technology 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: medium), always confirm before acting.

Over the trailing twelve months, ABOV Semiconductor Co generated revenue of 214B KRW at a net margin of 10.7%. Revenue grew 7.4% year over year. Net debt stands at 75.5B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 6,614 KRW (bear case) to 12,283 KRW (bull case); at 7,380 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 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at 28%, 102120 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
Residual Income 6,120 KRW 6,625 KRW 8,303 KRW 76
ROIC Compounder 5,445 KRW 6,301 KRW 7,049 KRW 72
Growth-Adj P/E 6,614 KRW 9,448 KRW 12,283 KRW 68
All 15 models by family
DCF Models
Owner Earnings 10,647 KRW 17,227 KRW 27,722 KRW 31
Earnings-Based
Graham-Dodd 4,191 KRW 15,162 KRW 20,445 KRW 54
Lynch FV 3,594 KRW 5,134 KRW 6,674 KRW 50
PEG = 1.0 3,594 KRW 5,134 KRW 6,674 KRW 46
EPV 5,445 KRW 6,301 KRW 7,049 KRW 59
Multiples
P/E Multiple 9,245 KRW 12,326 KRW 15,408 KRW 63
P/S Multiple 7,858 KRW 10,477 KRW 13,096 KRW 58
P/B Multiple 7,858 KRW 10,477 KRW 13,096 KRW 55
EV/EBIT 8,684 KRW 11,474 KRW 14,264 KRW 53
EV/EBITDA 17,924 KRW 23,794 KRW 29,664 KRW 54
EV/Revenue 5,956 KRW 8,374 KRW 10,792 KRW 43
Asset-Based
NCAV (Graham) 3,624 KRW 4,856 KRW 7,247 KRW 50
Economic Profit
Residual Income 6,120 KRW 6,625 KRW 8,303 KRW 76
ROIC Compounder 5,445 KRW 6,301 KRW 7,049 KRW 72
Growth Earnings
Growth-Adj P/E 6,614 KRW 9,448 KRW 12,283 KRW 68

Widest divergence: DCF Models (17,227 KRW) versus Asset-Based (4,856 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 214B KRW
Revenue growth (YoY) +7.4%
Net margin 10.7%
Return on equity 628%
Free cash flow −523M KRW FY2025
Operating margin 13.1%
More key figures
Dividend yield 1.7%
EPS growth (YoY) -11.1%
Net debt 75.5B KRW FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 53 · Market factors (momentum, volatility) 2

Profitability 37
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 28
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 2
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 82
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

ABOV Semiconductor Co., Ltd. designs, manufactures, and sells microcontrollers, and memory and semiconductor solutions in South Korea and internationally.

Full company description

ABOV Semiconductor Co., Ltd. designs, manufactures, and sells microcontrollers, and memory and semiconductor solutions in South Korea and internationally. It offers general purpose MCUs, including 8-bit, 32-bit, and motor MCUs; application specific MCUs comprising remote control and LCD MCUs, fire and safety MCUs, capacitive touch solutions, power solutions, Bluetooth low energy SoCs, and others; and application specific ICs, such as optic sensors, driver ICs, and I/O expanders. The company provides its products for use in consumer, kitchen-bathroom, IoT, remote controllers, sensors, and industrial applications. ABOV Semiconductor Co., Ltd. was founded in 2006 and is headquartered in Cheongju, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ABOV Semiconductor Co reported revenue of 244B KRW in FY2025 versus 167B KRW in FY2021, a compound +9.9%/yr. Reported net income was 10.1B KRW in FY2025, compounding −7.3%/yr from FY2021.

Growth Quality 61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
244B KRW
Latest YoY
+5.2%
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.
+0.2%
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.
+11.1%
Avg. growth/yr (14Y) 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.
+9.6%
Revenue +9.9%/yr
FY21 167B KRW
FY22 243B KRW
FY23 232B KRW
FY24 232B KRW
FY25 244B KRW
Net income −7.3%/yr
FY21 13.7B KRW
FY22 12.4B KRW
FY23 −12.5B KRW
FY24 2.7B KRW
FY25 10.1B KRW

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Cite: Fair Value Calculator (2026). "ABOV Semiconductor Co Fair Value". https://www.fairvalue-calculator.com/stock/102120

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.

Quality Score 58 · Below median
Fair Value upside +28% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 11% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 7% · Below median
Dividend yield (TTM) 1.7% · Top 25%
Debt / equity 0.11× · Higher 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 71 · sector 0
FUTURE 37 · sector 94
PAST 0 · sector 100
HEALTH 95 · sector 99
DIVIDEND 34 · sector 20

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 Semiconductors & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
TES Co 095610 194,300 KRW 48,953 KRW -75%
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%

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Frequently asked questions

Is ABOV Semiconductor Co (102120) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 9,448 KRW versus a price of 7,380 KRW, about +28% (undervalued).
What is the fair value of 102120?
Our model-based fair value for ABOV Semiconductor Co is 9,448 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 7,380 KRW.
What is the quality score of 102120?
ABOV Semiconductor Co 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 ABOV Semiconductor Co (102120)?
ABOV Semiconductor Co reported trailing-twelve-month revenue of about 214B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 102120?
The net profit margin of ABOV Semiconductor Co is about 10.7%, meaning it keeps roughly 10.7% of revenue as net income. Based on the latest reported figures.
Does ABOV Semiconductor Co pay a dividend?
ABOV Semiconductor Co currently shows a dividend yield of about 1.71% relative to its recent price (as of Jul 22, 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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