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LX Semicon Co (108320) Fair Value & Analysis

Technology · KR · Market cap 631B KRW

LS LX Semicon Co 108320 · KO
Price35,600 KRW
Fair Value101,613 KRW
Upside+185.4%
Quality63/100
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Mixed Growth
Thin margins · 3.1% net margin
generates free cash flow
3.91% dividend yield
Mixed vs. peers (5/9)
Narrow moat 35/100
Evidence: High Range 76,210 KRW – 127,016 KRW Share as image

Fair value as of: Jul 22, 2026

From 22 valuation models · updated 19 days ago

Share price −9.3% over the past month.

A solid business, screening 185% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (76,210 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

145,703 KRW 30,700 KRW Fair Value 101,613 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 30,700 KRW – 145,703 KRW · fair‑value band 76,210 KRW – 127,016 KRW · the 35,600 KRW price screens below the 101,613 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

LX Semicon Co (108320) currently trades at 35,600 KRW, while our model-based Fair Value estimate is 101,613 KRW, implying the stock looks roughly 185.4% undervalued today. The Quality Score stands at 63/100 (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: high), always confirm before acting.

Over the trailing twelve months, LX Semicon Co generated revenue of 1.6T KRW at a net margin of 3.1%. Revenue declined 18.4% year over year. It earns a return on equity of 4.4%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 76,210 KRW (bear case) to 127,016 KRW (bull case); at 35,600 KRW, the current price sits below 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 47% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at 185%, 108320 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 BearBaseBull Evidence
Highest evidence
Residual Income 57,527 KRW 61,302 KRW 68,129 KRW 76
Growth DCF 83,701 KRW 110,432 KRW 160,521 KRW 72
Growth-Adj P/E 53,916 KRW 77,023 KRW 100,129 KRW 68
All 22 models by family
DCF Models
FCF DCF 80,445 KRW 107,544 KRW 162,859 KRW 38
Owner Earnings 69,468 KRW 92,287 KRW 138,864 KRW 31
5Y Revenue Exit 71,972 KRW 98,675 KRW 138,559 KRW 39
5Y EBITDA Exit 84,220 KRW 119,571 KRW 167,637 KRW 41
5Y P/E Exit 77,955 KRW 108,883 KRW 146,864 KRW 38
10Y Revenue Exit 72,834 KRW 95,879 KRW 121,530 KRW 36
10Y EBITDA Exit 82,212 KRW 109,708 KRW 140,217 KRW 37
10Y P/E Exit 78,292 KRW 102,635 KRW 126,867 KRW 35
Earnings-Based
Graham-Dodd 34,548 KRW 52,161 KRW 62,035 KRW 54
EPV 44,419 KRW 50,325 KRW 55,574 KRW 59
Multiples
P/E Multiple 76,210 KRW 101,613 KRW 127,016 KRW 63
P/S Multiple 64,778 KRW 86,371 KRW 107,964 KRW 58
P/B Multiple 64,778 KRW 86,371 KRW 107,964 KRW 55
EV/EBIT 101,309 KRW 131,428 KRW 161,546 KRW 53
EV/EBITDA 98,633 KRW 127,859 KRW 157,086 KRW 54
EV/Revenue 71,860 KRW 97,963 KRW 124,065 KRW 43
Asset-Based
NCAV (Graham) 34,604 KRW 46,369 KRW 69,207 KRW 50
Growth DCF
Growth DCF 83,701 KRW 110,432 KRW 160,521 KRW 72
Rev-Margin DCF 71,972 KRW 100,212 KRW 135,794 KRW 67
Economic Profit
Residual Income 57,527 KRW 61,302 KRW 68,129 KRW 76
ROIC Compounder 44,419 KRW 50,325 KRW 55,574 KRW 67
Growth Earnings
Growth-Adj P/E 53,916 KRW 77,023 KRW 100,129 KRW 68

Widest divergence: DCF Models (102,635 KRW) versus Asset-Based (46,369 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.6T KRW
Revenue growth (YoY) -18.4%
Net margin 3.1%
Return on equity 4.4%
Free cash flow 108B KRW FY2025
Operating margin 5.3%
More key figures
Dividend yield 3.9%
EPS growth (YoY) -75.3%

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

Quality Score breakdown

Overall quality 63/100

Of which business quality 65 · Market factors (momentum, volatility) 9

Profitability 54
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 31
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 0
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

LX Semicon Co., Ltd. operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Full company description

LX Semicon Co., Ltd. operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally. The company offers organic light emitting diode (OLED) and liquid crystal display (LCD) solutions; RealTouch, an in-cell touch technology with touch function in display panels; OLED and LCD timing controller; video processor; power management IC; level shifter; general and motor micro controller unit; motor and gate driver IC; metalized ceramic substrate, a heat dissipation substrate; and heat dissipation material. It offers solutions for mobile, tablet, watch, TV, VR, monitor, notebook, refrigerator, washing machine, air conditioner, and automotive products. The company was formerly known as Silicon Works Co., Ltd. and changed its name to LX Semicon Co., Ltd. in June 2021. LX Semicon Co., Ltd. was founded in 1999 and is headquartered in Daejeon, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LX Semicon Co reported revenue of 1.6T KRW in FY2025 versus 1.9T KRW in FY2021, a compound −3.6%/yr. Reported net income was 82.6B KRW in FY2025, compounding −27.3%/yr from FY2021.

Growth Quality 63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.6T KRW
Latest YoY
−12.1%
Avg. growth/yr (3Y)
−8.2%
Avg. growth/yr (5Y)
+7.1%
Avg. growth/yr (6Y)
+11.2%
Revenue −3.6%/yr
FY21 1.9T KRW
FY22 2.1T KRW
FY23 1.9T KRW
FY24 1.9T KRW
FY25 1.6T KRW
Net income −27.3%/yr
FY21 296B KRW
FY22 234B KRW
FY23 101B KRW
FY24 131B KRW
FY25 82.6B KRW

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Cite: Fair Value Calculator (2026). "LX Semicon Co Fair Value". https://www.fairvalue-calculator.com/stock/108320

Peer Group

Semiconductors · 319 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 63 · Above median
Fair Value upside +185% · Top 25%
Return on equity (TTM) 4% · Below median
Return on assets 3% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth -18% · Bottom 25%
Dividend yield (TTM) 3.9% · Top 25%

Valuation Multiples vs Semiconductors 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 100 · sector 0
FUTURE 0 · sector 60
PAST 18 · sector 24
HEALTH 0 · sector 97
DIVIDEND 78 · sector 22

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

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is LX Semicon Co (108320) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 101,613 KRW versus a price of 35,600 KRW, about +185% (undervalued).
What is the fair value of 108320?
Our model-based fair value for LX Semicon Co is 101,613 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 35,600 KRW.
What is the quality score of 108320?
LX Semicon Co has a Quality Score of 63/100. 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 LX Semicon Co (108320)?
LX Semicon Co reported trailing-twelve-month revenue of about 1.6T KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 108320?
The net profit margin of LX Semicon Co is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
Does LX Semicon Co pay a dividend?
LX Semicon Co currently shows a dividend yield of about 3.08% 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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