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TN entertainment Co (131100) Fair Value & Analysis

Basic Materials · KR · Market cap 23.1B KRW

TE TN entertainment Co 131100 · KQ
Price450.00 KRW
Fair Value145.66 KRW
Upside-67.6%
Quality40/100
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Expensive Growth
Loss-making · -11.3% net margin
Low debt · negative free cash flow
Trails peers (3/8)
Narrow moat 39/100
Evidence: Medium Range 106.44 KRW – 189.35 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Share price −39.6% over the past month.

Below-average quality, and screening another 68% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (189.35 KRW). The favourable scenario is already priced in.
  • Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

9,925 KRW 450.00 KRW Fair Value 145.66 KRW Feb 2021 Jul 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 450.00 KRW – 9,925 KRW · fair‑value band 106.44 KRW – 189.35 KRW · the 450.00 KRW price screens above the 145.66 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

TN entertainment Co (131100) currently trades at 450.00 KRW, while our model-based Fair Value estimate is 145.66 KRW, implying the stock looks roughly 67.6% overvalued today. The Quality Score stands at 40/100 (below-average 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: medium).

Over the trailing twelve months, TN entertainment Co generated revenue of 114B KRW at a net margin of -11.3%. Revenue grew 192.3% year over year. Net debt stands at 4.4B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 106.44 KRW (bear case) to 189.35 KRW (bull case); at 450.00 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. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at -68%, 131100 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 1,234 KRW 1,393 KRW 1,532 KRW 72
Growth-Adj P/E 119.95 KRW 171.36 KRW 222.77 KRW 68
P/E Multiple 125.22 KRW 166.96 KRW 208.70 KRW 63
All 15 models by family
DCF Models
Owner Earnings 472.61 KRW 634.68 KRW 920.48 KRW 31
Earnings-Based
Graham-Dodd 66.78 KRW 320.54 KRW 441.24 KRW 54
Lynch FV 85.52 KRW 122.17 KRW 158.82 KRW 50
PEG = 1.0 85.52 KRW 122.17 KRW 158.82 KRW 46
EPV 1,234 KRW 1,393 KRW 1,532 KRW 59
Multiples
P/E Multiple 125.22 KRW 166.96 KRW 208.70 KRW 63
P/S Multiple 125.22 KRW 166.96 KRW 208.70 KRW 58
P/B Multiple 125.22 KRW 166.96 KRW 208.70 KRW 55
EV/EBIT 1,449 KRW 1,838 KRW 2,228 KRW 53
EV/EBITDA 2,926 KRW 3,808 KRW 4,690 KRW 54
EV/Revenue 1,293 KRW 1,727 KRW 2,161 KRW 43
Asset-Based
NCAV (Graham) 1,039 KRW 1,392 KRW 2,077 KRW 50
Economic Profit
Residual Income 1,396 KRW 1,278 KRW 894.58 KRW 61
ROIC Compounder 1,234 KRW 1,393 KRW 1,532 KRW 72
Growth Earnings
Growth-Adj P/E 119.95 KRW 171.36 KRW 222.77 KRW 68

Widest divergence: Asset-Based (1,392 KRW) versus Earnings-Based (122.17 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 114B KRW
Revenue growth (YoY) +192%
Net margin -11.3%
Return on equity 419%
Free cash flow −4.1B KRW FY2025
Operating margin 6.1%
More key figures
Net debt 4.4B KRW FY2023

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

Quality Score breakdown

Overall quality 40/100

Of which business quality 39 · Market factors (momentum, volatility) 19

Profitability 37
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 8
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

TN entertainment Co., Ltd., an electronic chemical material company, researches, develops, manufactures, and sells secondary battery electrolyte materials, etchant additives, and optically clear adhesive (OCA) films in South Korea. The company offers food additives.

Full company description

TN entertainment Co., Ltd., an electronic chemical material company, researches, develops, manufactures, and sells secondary battery electrolyte materials, etchant additives, and optically clear adhesive (OCA) films in South Korea. The company offers food additives. It is involved in the artist management; develops content; broadcast program production; and franchise and directly managed restaurant. The company was formerly known as Chorokbaem E&M Co., Ltd. and changed its name to TN entertainment Co., Ltd. in August 2023. The company was founded in 1999 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

TN entertainment Co reported revenue of 118B KRW in FY2025 versus 58.7B KRW in FY2021, a compound +19.1%/yr. Reported net income was 317M KRW in FY2025.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
118B KRW
Latest YoY
−17.2%
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.
+18.1%
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.
+44.0%
Avg. growth/yr (13Y) 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.
+6.5%
Revenue +19.1%/yr
FY21 58.7B KRW
FY22 71.9B KRW
FY23 150B KRW
FY24 143B KRW
FY25 118B KRW
Net income
FY21 −14.5B KRW
FY22 −2.4B KRW
FY23 −17.8B KRW
FY24 2.2B KRW
FY25 317M KRW

131100 screens 68% overvalued. Compare with BASF SE →

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Cite: Fair Value Calculator (2026). "TN entertainment Co Fair Value". https://www.fairvalue-calculator.com/stock/131100

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 40 · Bottom 25%
Fair Value upside −68% · Bottom 25%
Return on equity (TTM) 419% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -11% · Bottom 25%
Operating margin (TTM) 6% · Below median
Revenue growth 192% · Top 25%

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 20
PAST 100 · sector 19
HEALTH 100 · sector 94
DIVIDEND 0 · sector 27

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 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 TN entertainment Co (131100) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 145.66 KRW versus a price of 450.00 KRW, about −68% (overvalued).
What is the fair value of 131100?
Our model-based fair value for TN entertainment Co is 145.66 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 450.00 KRW.
What is the quality score of 131100?
TN entertainment Co has a Quality Score of 40/100. 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 TN entertainment Co (131100)?
TN entertainment Co reported trailing-twelve-month revenue of about 114B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 131100?
The net profit margin of TN entertainment Co is about -11.3%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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