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ENF Technology Co (102710) Fair Value & Analysis

Basic Materials · KR · Market cap 600B KRW

ET ENF Technology Co 102710 · KQ
Price49,200 KRW
Fair Value44,168 KRW
Upside-10.2%
Quality65/100
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Healthy Growth
Thin margins · 7.3% net margin
Low debt · generates free cash flow
0.42% dividend yield
Ranks above peers (8/9)
Moderate moat 45/100
Evidence: High Range 28,542 KRW – 55,210 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 62,069 KRW to 44,168 KRW (−28.8%) since Jul 7, 2026. Share price +16.7% over the past month.

A solid business, but screening 10% overvalued on our models.

What matters now

  • A fairly wide model range (28,542 KRW to 55,210 KRW) leaves room in how you read the outcome.
  • Our model range runs from 28,542 KRW (bear) to 55,210 KRW (bull), base 44,168 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

62,700 KRW 14,278 KRW Fair Value 44,168 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 14,278 KRW – 62,700 KRW · fair‑value band 28,542 KRW – 55,210 KRW · the 49,200 KRW price screens above the 44,168 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

ENF Technology Co (102710) currently trades at 49,200 KRW, while our model-based Fair Value estimate is 44,168 KRW, implying the stock looks roughly 10.2% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Basic Materials 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, ENF Technology Co generated revenue of 665B KRW at a net margin of 7.3%. Revenue grew 27.5% year over year. Net debt stands at 118B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 28,542 KRW (bear case) to 55,210 KRW (bull case); at 49,200 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 24% below its 52-week high and 62% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at -10%, 102710 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 35,442 KRW 59,071 KRW 99,731 KRW 80
Residual Income 29,305 KRW 34,910 KRW 73,780 KRW 76
Rev-Margin DCF 45,060 KRW 77,349 KRW 116,612 KRW 74
All 24 models by family
DCF Models
FCF DCF 35,141 KRW 59,197 KRW 100,225 KRW 38
Owner Earnings 36,353 KRW 61,279 KRW 103,791 KRW 31
5Y Revenue Exit 45,060 KRW 78,146 KRW 122,154 KRW 39
5Y EBITDA Exit 54,789 KRW 97,237 KRW 148,992 KRW 41
5Y P/E Exit 41,053 KRW 70,284 KRW 102,371 KRW 38
10Y Revenue Exit 39,795 KRW 70,192 KRW 114,619 KRW 36
10Y EBITDA Exit 47,932 KRW 84,112 KRW 136,542 KRW 37
10Y P/E Exit 38,803 KRW 64,460 KRW 98,460 KRW 35
Earnings-Based
Graham-Dodd 24,827 KRW 95,532 KRW 129,475 KRW 54
Lynch FV 23,334 KRW 33,335 KRW 43,335 KRW 50
PEG = 1.0 23,334 KRW 33,335 KRW 43,335 KRW 46
EPV 48,667 KRW 56,971 KRW 64,353 KRW 59
Multiples
P/E Multiple 46,552 KRW 62,069 KRW 77,586 KRW 63
P/S Multiple 46,552 KRW 62,069 KRW 77,586 KRW 58
P/B Multiple 46,552 KRW 62,069 KRW 77,586 KRW 55
EV/EBIT 59,254 KRW 78,469 KRW 97,684 KRW 53
EV/EBITDA 70,460 KRW 93,410 KRW 116,360 KRW 54
EV/Revenue 51,128 KRW 72,351 KRW 93,573 KRW 43
Asset-Based
NCAV (Graham) 15,732 KRW 21,081 KRW 31,464 KRW 50
Growth DCF
Growth DCF 35,442 KRW 59,071 KRW 99,731 KRW 80
Rev-Margin DCF 45,060 KRW 77,349 KRW 116,612 KRW 74
Economic Profit
Residual Income 29,305 KRW 34,910 KRW 73,780 KRW 76
ROIC Compounder 53,649 KRW 71,813 KRW 96,103 KRW 72
Growth Earnings
Growth-Adj P/E 37,353 KRW 53,362 KRW 69,370 KRW 68

Widest divergence: DCF Models (70,192 KRW) versus Asset-Based (21,081 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 665B KRW
Revenue growth (YoY) +27.5%
Net margin 7.3%
Return on equity 1,098%
Free cash flow 37.4B KRW FY2025
Operating margin 8.9%
More key figures
Dividend yield 0.4%
EPS growth (YoY) +53.2%
Net debt 118B KRW FY2025

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 64 · Market factors (momentum, volatility) 35

Profitability 48
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 57
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

ENF Technology Co., Ltd. produces and sells process chemicals, fine chemicals, and color pastes for use in semiconductor and display manufacturing processes in South Korea and internationally. The company offers process chemicals, such as etchants, strippers, thinners, developers, and cleaners.

Full company description

ENF Technology Co., Ltd. produces and sells process chemicals, fine chemicals, and color pastes for use in semiconductor and display manufacturing processes in South Korea and internationally. The company offers process chemicals, such as etchants, strippers, thinners, developers, and cleaners. Its fine chemicals include monomers and polymers for photoresists, photo acid generators, anti reflective coating monomers and polymers, additives, raw materials for hard masks, monomers, and binders. The company also produces color pastes for use in note PCs, large TVs, and wOLED TVs. ENF Technology Co., Ltd. was founded in 2000 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

ENF Technology Co reported revenue of 671B KRW in FY2025 versus 522B KRW in FY2021, a compound +6.5%/yr. Reported net income was 51.9B KRW in FY2025, compounding +29.4%/yr from FY2021.

Growth Quality 73/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
671B KRW
Latest YoY
+15.2%
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.
−0.5%
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.
+6.6%
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.
+10.6%
Revenue +6.5%/yr
FY21 522B KRW
FY22 680B KRW
FY23 531B KRW
FY24 582B KRW
FY25 671B KRW
Net income +29.4%/yr
FY21 18.5B KRW
FY22 46.8B KRW
FY23 −17.5B KRW
FY24 31.1B KRW
FY25 51.9B KRW

102710 screens 10% overvalued. Compare with BASF SE →

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Cite: Fair Value Calculator (2026). "ENF Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/102710

Peer Group

Chemicals · 333 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 65 · Top 25%
Fair Value upside −10% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 28% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.13× · Lower than median

Valuation Multiples vs Chemicals 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 20 · sector 0
FUTURE 100 · sector 20
PAST 0 · sector 19
HEALTH 94 · sector 94
DIVIDEND 8 · sector 27

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 Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is ENF Technology Co (102710) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 44,168 KRW versus a price of 49,200 KRW, about −10% (overvalued).
What is the fair value of 102710?
Our model-based fair value for ENF Technology Co is 44,168 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 49,200 KRW.
What is the quality score of 102710?
ENF Technology Co has a Quality Score of 65/100. 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 ENF Technology Co (102710)?
ENF Technology Co reported trailing-twelve-month revenue of about 665B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 102710?
The net profit margin of ENF Technology Co is about 7.3%, meaning it keeps roughly 7.3% of revenue as net income. Based on the latest reported figures.
Does ENF Technology Co pay a dividend?
ENF Technology Co currently shows a dividend yield of about 0.42% 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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