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KORCHIP Inc (126730) Fair Value & Analysis

Industrials · KR · Market cap 105B KRW

KI KORCHIP Inc 126730 · KQ
Price15,420 KRW
Fair Value5,497 KRW
Upside-64.4%
Quality48/100
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Weak Growth
Solidly profitable · 10.7% net margin
Low debt · negative free cash flow
2.95% dividend yield
Mixed vs. peers (5/9)
Narrow moat 43/100
Evidence: Medium Range 3,848 KRW – 7,146 KRW Share as image

Fair value as of: Jul 20, 2026

From 13 valuation models · updated 20 days ago

Share price −0.3% over the past month.

Below-average quality, and screening another 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (7,146 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (3,848 KRW to 7,146 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (2 years)

30,800 KRW 7,777 KRW Fair Value 5,497 KRW May 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

27‑month range 7,777 KRW – 30,800 KRW · fair‑value band 3,848 KRW – 7,146 KRW · the 15,420 KRW price screens above the 5,497 KRW fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

KORCHIP Inc (126730) currently trades at 15,420 KRW, while our model-based Fair Value estimate is 5,497 KRW, implying the stock looks roughly 64.4% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Industrials 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, KORCHIP Inc generated revenue of 41.8B KRW at a net margin of 10.7%. Revenue grew 40.9% year over year. It earns a return on equity of 8.1%. Net debt stands at 178M KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 3,848 KRW (bear case) to 7,146 KRW (bull case); at 15,420 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 58% below its 52-week high and 44% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -64%, 126730 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
ROIC Compounder 1,602 KRW 1,776 KRW 1,928 KRW 72
Growth-Adj P/E 3,848 KRW 5,497 KRW 7,146 KRW 68
P/E Multiple 5,449 KRW 7,266 KRW 9,082 KRW 63
All 13 models by family
DCF Models
Owner Earnings 1,284 KRW 1,540 KRW 2,052 KRW 31
Earnings-Based
Graham-Dodd 2,353 KRW 3,674 KRW 4,403 KRW 54
EPV 1,602 KRW 1,776 KRW 1,928 KRW 59
Multiples
P/E Multiple 5,449 KRW 7,266 KRW 9,082 KRW 63
P/S Multiple 4,411 KRW 5,882 KRW 7,352 KRW 58
P/B Multiple 4,411 KRW 5,882 KRW 7,352 KRW 55
EV/EBIT 2,325 KRW 2,913 KRW 3,501 KRW 53
EV/EBITDA 4,714 KRW 6,099 KRW 7,483 KRW 54
EV/Revenue 1,820 KRW 2,360 KRW 2,900 KRW 43
Asset-Based
NCAV (Graham) 3,388 KRW 4,540 KRW 6,776 KRW 50
Economic Profit
Residual Income 5,210 KRW 5,278 KRW 5,084 KRW 61
ROIC Compounder 1,602 KRW 1,776 KRW 1,928 KRW 72
Growth Earnings
Growth-Adj P/E 3,848 KRW 5,497 KRW 7,146 KRW 68

Widest divergence: Multiples (5,882 KRW) versus DCF Models (1,540 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 41.8B KRW
Revenue growth (YoY) +40.9%
Net margin 10.7%
Return on equity 8.1%
Free cash flow −9.4M KRW FY2025
Operating margin 8.9%
More key figures
Dividend yield 2.0%
EPS growth (YoY) +318%
Net debt 178M KRW FY2024

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 49 · Market factors (momentum, volatility) 27

Profitability 33
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 15
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 94
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

KORCHIP Inc., an energy storage device company, engages in the engages in the manufacturing and sales of storage batteries in Europe, China, India, South Korea, internationally. It also offers new and renewable energy-related products; and electronic components related to electricity, and electronic communication equipment.

Full company description

KORCHIP Inc., an energy storage device company, engages in the engages in the manufacturing and sales of storage batteries in Europe, China, India, South Korea, internationally. It also offers new and renewable energy-related products; and electronic components related to electricity, and electronic communication equipment. In addition, the company is involved in distribution activities. The company was founded in 1990 and is headquartered in Anyang-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KORCHIP Inc reported revenue of 38.3B KRW in FY2025 versus 47.3B KRW in FY2021, a compound −5.1%/yr. Reported net income was 2.8B KRW in FY2025, compounding −17.9%/yr from FY2021.

Growth Quality 29/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
38.3B KRW
Latest YoY
+14.7%
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.
−0.4%
Revenue −5.1%/yr
FY21 47.3B KRW
FY22 38.8B KRW
FY23 32.9B KRW
FY24 33.4B KRW
FY25 38.3B KRW
Net income −17.9%/yr
FY21 6.3B KRW
FY22 5.7B KRW
FY23 4.8B KRW
FY24 3.2B KRW
FY25 2.8B KRW

126730 screens 64% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "KORCHIP Inc Fair Value". https://www.fairvalue-calculator.com/stock/126730

Peer Group

Electrical Equipment & Parts · 526 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 48 · Below median
Fair Value upside −64% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 2% · Below median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 9% · Above median
Revenue growth 41% · Top 25%
Dividend yield (TTM) 3.0% · Top 25%
Debt / equity 0.07× · Higher than 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 0
FUTURE 100 · sector 57
PAST 32 · sector 26
HEALTH 97 · sector 97
DIVIDEND 59 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is KORCHIP Inc (126730) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 5,497 KRW versus a price of 15,420 KRW, about −64% (overvalued).
What is the fair value of 126730?
Our model-based fair value for KORCHIP Inc is 5,497 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 15,420 KRW.
What is the quality score of 126730?
KORCHIP Inc has a Quality Score of 48/100. 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 KORCHIP Inc (126730)?
KORCHIP Inc reported trailing-twelve-month revenue of about 41.8B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 126730?
The net profit margin of KORCHIP Inc is about 10.7%, meaning it keeps roughly 10.7% of revenue as net income. Based on the latest reported figures.
Does KORCHIP Inc pay a dividend?
KORCHIP Inc currently shows a dividend yield of about 1.98% relative to its recent price (as of Jul 20, 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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