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Korea Computer & Systems Inc (115500) Fair Value & Analysis

Technology · KR · Market cap 94.9B KRW

KC Korea Computer & Systems Inc 115500 · KQ
Price9,040 KRW
Fair Value1,781 KRW
Upside-80.3%
Quality60/100
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Mixed Growth
Solidly profitable · 10.2% net margin
Low debt · negative free cash flow
2.37% dividend yield
Ranks above peers (7/9)
Moderate moat 48/100
Evidence: Medium Range 1,508 KRW – 3,108 KRW Share as image

Fair value as of: Jul 22, 2026

From 13 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 1,794 KRW to 1,781 KRW (−0.7%) since Jul 7, 2026. Share price +3.2% over the past month.

A solid business, but screening 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3,108 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1,508 KRW to 3,108 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

23,100 KRW 4,164 KRW Fair Value 1,781 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 4,164 KRW – 23,100 KRW · fair‑value band 1,508 KRW – 3,108 KRW · the 9,040 KRW price screens above the 1,781 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Korea Computer & Systems Inc (115500) currently trades at 9,040 KRW, while our model-based Fair Value estimate is 1,781 KRW, implying the stock looks roughly 80.3% overvalued today. The Quality Score stands at 60/100 (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: medium).

Over the trailing twelve months, Korea Computer & Systems Inc generated revenue of 26.0B KRW at a net margin of 10.2%. Revenue grew 27.4% year over year. It earns a return on equity of 15.3%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,508 KRW (bear case) to 3,108 KRW (bull case); at 9,040 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 67% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -80%, 115500 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.

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 1,553 KRW 1,893 KRW 4,130 KRW 76
ROIC Compounder 1,579 KRW 1,807 KRW 2,063 KRW 72
Growth-Adj P/E 1,591 KRW 2,273 KRW 2,955 KRW 68
All 13 models by family
DCF Models
Owner Earnings 2,637 KRW 3,448 KRW 5,035 KRW 31
Earnings-Based
Graham-Dodd 1,432 KRW 2,405 KRW 2,927 KRW 54
EPV 1,579 KRW 1,786 KRW 1,968 KRW 59
Multiples
P/E Multiple 2,212 KRW 2,949 KRW 3,686 KRW 63
P/S Multiple 1,865 KRW 2,486 KRW 3,108 KRW 58
P/B Multiple 2,214 KRW 2,952 KRW 3,690 KRW 55
EV/EBIT 1,625 KRW 2,055 KRW 2,485 KRW 53
EV/EBITDA 1,224 KRW 1,520 KRW 1,817 KRW 54
EV/Revenue 1,900 KRW 2,571 KRW 3,241 KRW 43
Asset-Based
NCAV (Graham) 820.03 KRW 1,099 KRW 1,640 KRW 50
Economic Profit
Residual Income 1,553 KRW 1,893 KRW 4,130 KRW 76
ROIC Compounder 1,579 KRW 1,807 KRW 2,063 KRW 72
Growth Earnings
Growth-Adj P/E 1,591 KRW 2,273 KRW 2,955 KRW 68

Widest divergence: DCF Models (3,448 KRW) versus Asset-Based (1,099 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 26.0B KRW
Revenue growth (YoY) +27.4%
Net margin 10.2%
Return on equity 15.3%
Free cash flow −33.8M KRW FY2025
Operating margin 4.7%
More key figures
Dividend yield 1.5%
EPS growth (YoY) +23.7%

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 57 · Market factors (momentum, volatility) 19

Profitability 52
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 15
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 22
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

Korea Computer & Systems Inc. operates as an IT specialized company in South Korea and internationally. The company provides integrated system consulting and development, system construction, maintenance, security, and IT infrastructure construction and transfer solutions.

Full company description

Korea Computer & Systems Inc. operates as an IT specialized company in South Korea and internationally. The company provides integrated system consulting and development, system construction, maintenance, security, and IT infrastructure construction and transfer solutions. It also offers enterprise solution, system integration, information protection, and rail/road transportation system. Korea Computer & Systems Inc. was founded in 1974 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Korea Computer & Systems Inc reported revenue of 24.9B KRW in FY2025 versus 39.5B KRW in FY2021, a compound −11.0%/yr. Reported net income was 2.5B KRW in FY2025, compounding −1.5%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
24.9B KRW
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.
−9.3%
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.
−5.7%
Avg. growth/yr (15Y) 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.
+1.6%
Revenue −11.0%/yr
FY21 39.5B KRW
FY22 41.7B KRW
FY23 47.7B KRW
FY24 29.5B KRW
FY25 24.9B KRW
Net income −1.5%/yr
FY21 2.7B KRW
FY22 829M KRW
FY23 2.8B KRW
FY24 2.0B KRW
FY25 2.5B KRW

115500 screens 80% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "Korea Computer & Systems Inc Fair Value". https://www.fairvalue-calculator.com/stock/115500

Peer Group

Information Technology Services · 475 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 60 · Above median
Fair Value upside −80% · Bottom 25%
Return on equity (TTM) 15% · Above median
Return on assets 5% · Above median
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 5% · Below median
Revenue growth 27% · Top 25%
Dividend yield (TTM) 2.4% · Above median

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 · sector 21
FUTURE 100 · sector 31
PAST 61 · sector 37
HEALTH 100 · sector 97
DIVIDEND 47 · sector 37

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Korea Computer & Systems Inc (115500) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,781 KRW versus a price of 9,040 KRW, about −80% (overvalued).
What is the fair value of 115500?
Our model-based fair value for Korea Computer & Systems Inc is 1,781 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 9,040 KRW.
What is the quality score of 115500?
Korea Computer & Systems Inc has a Quality Score of 60/100. 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 Korea Computer & Systems Inc (115500)?
Korea Computer & Systems Inc reported trailing-twelve-month revenue of about 26.0B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 115500?
The net profit margin of Korea Computer & Systems Inc is about 10.2%, meaning it keeps roughly 10.2% of revenue as net income. Based on the latest reported figures.
Does Korea Computer & Systems Inc pay a dividend?
Korea Computer & Systems Inc currently shows a dividend yield of about 1.53% 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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