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TOPTEC Co (108230) Fair Value & Analysis

Technology · KR · Market cap 131B KRW

TC TOPTEC Co 108230 · KQ
Price2,975 KRW
Fair Value5,700 KRW
Upside+91.6%
Quality39/100
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Evidence: Low Range 3,762 KRW – 7,125 KRW

Fair value as of: Jul 7, 2026

From 1 valuation models · updated today

Fair value updated Jul 7, 2026 — revised from 31,382 KRW to 5,700 KRW (−81.8%) since Jun 24, 2026. Share price −19.0% over the past month.

Price vs Fair Value (12 months)

5,345 KRW 2,815 KRW Fair Value 5,700 KRW Jun 2025 Jul 2026

12‑month range 2,815 KRW – 5,345 KRW · fair‑value band 3,762 KRW – 7,125 KRW · the 2,975 KRW price screens below the 5,700 KRW fair value. As of Jul 7, 2026.

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Analysis

TOPTEC Co (108230) currently trades at 2,975 KRW, while our model-based Fair Value estimate is 5,700 KRW — implying the stock looks roughly 91.6% undervalued today. We read business quality at 39/100 (below-average 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: low) — always confirm before acting.

Over the trailing twelve months, TOPTEC Co generated revenue of 239B KRW at a net margin of -13.0%. Revenue grew 64.1% year over year. It earns a return on equity of 156.3%. Fundamentals as of Jul 7, 2026

Our scenario range runs from 3,762 KRW (bear case) to 7,125 KRW (bull case); at 2,975 KRW, the current price sits below that range. The share trades about 50% 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 92%, 108230 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 239B KRW
Revenue growth (YoY) +64.1%
Net margin -13.0%
Return on equity 156%
Free cash flow −11.8B KRW FY2025
Operating margin -11.0%
More key figures
Dividend yield 3.3%
EPS growth (YoY) -24.2%

Figures from reported company fundamentals (EODHD) · as of Jul 7, 2026. TTM = trailing twelve months.

About the company

TOPTEC Co., Ltd. engages in the factory automation, solar energy, and nano-related businesses in South Korea. It offers display products, such as auto assembly machines; glass handling robot, glass cell cutting, and cell handling robot systems; ITO sputter distribution; and UV dispenser. The company also provides can cap laser welding, JR insert tap welding, round swage, round tab welding, cap assembly line, and non-acid battery assembly line machines; batteries includes comp oil injector, comp assembly line, comp measurement and supply line, MDPS ECU assembly line, battery pack assembly line, and MEB ECU assembly line; and semiconductors. In addition, it offers nano equipment and nano separator, as well as solar power plants and manufacturing equipment. The company was formerly known as Toptec Engineering and changed its name to Toptec Co., Ltd. in June 1996. Toptec Co., Ltd. was founded in 1992 and is headquartered in Gumi-si, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TOPTEC Co reported revenue of 171B KRW in FY2025 versus 165B KRW in FY2021, a compound +0.9%/yr. Reported net income was −14.8B KRW in FY2025.

Revenue +0.9%/yr
FY21 165B KRW
FY22 345B KRW
FY23 602B KRW
FY24 474B KRW
FY25 171B KRW
Net income
FY21 −74.8B KRW
FY22 14.6B KRW
FY23 57.3B KRW
FY24 35.5B KRW
FY25 −14.8B KRW

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Cite: Fair Value Calculator (2026). "TOPTEC Co Fair Value". https://www.fairvalue-calculator.com/stock/108230

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Frequently asked questions

Is TOPTEC Co (108230) undervalued?
As of Jul 7, 2026, our model estimates a fair value of 5,700 KRW versus a price of 2,975 KRW — about +92% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 108230?
Our model-based fair value for TOPTEC Co is 5,700 KRW (as of Jul 7, 2026), built from audited fundamentals. The current price is 2,975 KRW.
What is the quality score of 108230?
TOPTEC Co has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TOPTEC Co (108230)?
TOPTEC Co reported trailing-twelve-month revenue of about 239B KRW (latest available figure, as of Jul 7, 2026).
What is the net profit margin of 108230?
The net profit margin of TOPTEC Co is about -13.0%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does TOPTEC Co pay a dividend?
TOPTEC Co currently shows a dividend yield of about 3.33% relative to its recent price (as of Jul 7, 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.

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