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Narae Nanotech Corp. (137080) Fair Value & Analysis

Technology · KR · Market cap 56.7B KRW

NN Narae Nanotech Corp. 137080 · KQ
Price6,700 KRW
Fair Value6,740 KRW
Upside+0.6%
Quality75/100
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Weak Growth
Highly profitable · 90.1% net margin
Low debt · generates free cash flow
Ranks above peers (8/10)
Moderate moat 56/100
Evidence: High Range 5,055 KRW – 9,658 KRW Share as image

Fair value as of: Aug 13, 2026

From 18 valuation models · updated 6 days ago

Fair value updated Aug 13, 2026, revised from 19,554 KRW to 6,740 KRW (−65.5%) since Jul 22, 2026. Share price +34.8% over the past month.

A strong business, currently priced close to our fair value.

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (5,055 KRW to 9,658 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

13,928 KRW 2,765 KRW Fair Value 6,740 KRW Feb 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

54‑month range 2,765 KRW – 13,928 KRW · fair‑value band 5,055 KRW – 9,658 KRW · the 6,700 KRW price screens below the 6,740 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Narae Nanotech Corp. (137080) currently trades at 6,700 KRW, while our model-based Fair Value estimate is 6,740 KRW, implying the stock looks roughly 0.6% fairly valued today. The Quality Score stands at 75/100 (high 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, Narae Nanotech Corp. generated revenue of 63.4B KRW at a net margin of 90.1%. Revenue grew 107.5% year over year. It earns a return on equity of 56.6%. Net debt stands at 61.6B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 5,055 KRW (bear case) to 9,658 KRW (bull case); at 6,700 KRW, the current price sits within 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 near its 52-week high and 134% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -72% fair-value upside, at 1%, 137080 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 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
Growth DCF 12,548 KRW 17,116 KRW 24,928 KRW 80
Residual Income 30,049 KRW 49,426 KRW 709,403 KRW 76
Rev-Margin DCF 7,031 KRW 9,393 KRW 12,409 KRW 74
All 18 models by family
DCF Models
FCF DCF 11,991 KRW 16,696 KRW 25,411 KRW 38
Owner Earnings 40,552 KRW 56,472 KRW 85,958 KRW 31
5Y Revenue Exit 7,031 KRW 9,112 KRW 12,112 KRW 39
5Y P/E Exit 25,232 KRW 40,623 KRW 58,945 KRW 38
10Y Revenue Exit 8,774 KRW 10,500 KRW 12,241 KRW 36
10Y P/E Exit 19,934 KRW 29,986 KRW 39,736 KRW 35
Earnings-Based
Graham-Dodd 25,372 KRW 31,011 KRW 34,887 KRW 54
Dividend Discount
Gordon GGM 948.14 KRW 1,038 KRW 1,174 KRW 70
DDM Multi-Stage 948.14 KRW 1,190 KRW 1,528 KRW 61
Multiples
P/E Multiple 39,178 KRW 52,237 KRW 65,296 KRW 63
P/S Multiple 4,580 KRW 6,106 KRW 7,633 KRW 58
P/B Multiple 14,666 KRW 19,554 KRW 24,443 KRW 55
EV/Revenue 4,280 KRW 6,112 KRW 7,944 KRW 43
Asset-Based
NCAV (Graham) 5,432 KRW 7,279 KRW 10,864 KRW 50
Growth DCF
Growth DCF 12,548 KRW 17,116 KRW 24,928 KRW 80
Rev-Margin DCF 7,031 KRW 9,393 KRW 12,409 KRW 74
Economic Profit
Residual Income 30,049 KRW 49,426 KRW 709,403 KRW 76
Growth Earnings
Growth-Adj P/E 28,187 KRW 40,267 KRW 52,347 KRW 68

Widest divergence: Economic Profit (49,426 KRW) versus Dividend Discount (1,038 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 63.4B KRW
Revenue growth (YoY) +108%
Net margin 90.1%
Return on equity 56.6%
Free cash flow 13.2B KRW FY2025
Operating margin 3.8%
More key figures
EPS growth (YoY) -65.3%
Net debt 61.6B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 75/100

Of which business quality 70 · Market factors (momentum, volatility) 79

Profitability 63
Margins and returns on capital today
Quality Growth 93
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 100
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

Narae Nanotech Corporation manufactures and sells industrial equipment in South Korea and internationally. It provides photolithography process systems; thin film manufacturing systems; OCR/OCA bonding and lamination systems; inkjet printers; and offset printers.

Full company description

Narae Nanotech Corporation manufactures and sells industrial equipment in South Korea and internationally. It provides photolithography process systems; thin film manufacturing systems; OCR/OCA bonding and lamination systems; inkjet printers; and offset printers. The company also offers gantry moving coater, an ultra-precision equipment for coating photoresist to a uniform thickness; air floating coater, an ultra-precision equipment that uses pneumatic pressure to move glass while floating in the air and coat it with a photoresist to a uniform thickness; vacuum chamber dryer that inserts glass coated with photo resistant into a chamber, seals it, and removes the solvent contained in the photoresist; HP/CP dryer, a unit that dries and cools the solid content of photoresist; cleaner that cleans glass particles; polyimide coaters; heat vacuum chamber dryers; polyimide ovens; inspection devices; and IMC buffers, as well as other parts, including nozzles, dispensing pumps, air floating stages, air supply systems, high vacuum valves, automatic pressure control valves. The company was formerly known as Narae Corporation and changed its name to Narae Nanotech Corporation in September 2000. Narae Nanotech Corporation was founded in 1990 and is headquartered in Yongin-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Narae Nanotech Corp. reported revenue of 54.5B KRW in FY2025 versus 135B KRW in FY2021, a compound −20.3%/yr. Reported net income was 40.0B KRW in FY2025, compounding +23.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
54.5B KRW
Latest YoY
+34.8%
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.
−14.8%
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.
−8.0%
Avg. growth/yr (7Y) 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.
−7.7%
Revenue −20.3%/yr
FY21 135B KRW
FY22 88.0B KRW
FY23 52.9B KRW
FY24 40.4B KRW
FY25 54.5B KRW
Net income +23.0%/yr
FY21 17.5B KRW
FY22 2.5B KRW
FY23 −13.3B KRW
FY24 −17.1B KRW
FY25 40.0B KRW

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Cite: Fair Value Calculator (2026). "Narae Nanotech Corp. Fair Value". https://www.fairvalue-calculator.com/stock/137080

Peer Group

Semiconductor Equipment & Materials · 211 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 75 · Top 25%
Fair Value upside +1% · Top 25%
Return on equity (TTM) 57% · Top 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) 90% · Top 25%
Operating margin (TTM) 4% · Below median
Revenue growth 108% · Top 25%
Dividend yield (TTM) 2.4% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Semiconductor Equipment & Materials 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE34 · sector 0
FUTURE100 · sector 69
PAST100 · sector 30
HEALTH100 · sector 96
DIVIDEND48 · sector 18

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.51 C$21.21 -58%
Applied Materials, Inc AMAT $548.15 $183.10 -67%
Lam Research Corporation LRCX $326.11 $91.80 -72%
KLA Corporation KLAC $194.79 $74.58 -62%
NAURA Technology Group 002371 ¥760.00 ¥205.30 -73%
Advanced Micro-Fabrication Equipment Inc 688012 ¥380.95 ¥55.05 -86%
Hon. Precision, Inc 7769 6,445 TWD 1,804 TWD -72%
MPI Corporation 6223 6,495 TWD 738.64 TWD -89%
HANMI Semiconductor Co 042700 217,500 KRW 47,976 KRW -78%
Wonik IPS Co 240810 120,000 KRW 36,380 KRW -70%

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Frequently asked questions

Is Narae Nanotech Corp. (137080) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 6,740 KRW versus a price of 6,700 KRW, about +1% (fairly valued).
What is the fair value of 137080?
Our model-based fair value for Narae Nanotech Corp. is 6,740 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 6,700 KRW.
What is the quality score of 137080?
Narae Nanotech Corp. has a Quality Score of 75/100. 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 Narae Nanotech Corp. (137080)?
Narae Nanotech Corp. reported trailing-twelve-month revenue of about 63.4B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 137080?
The net profit margin of Narae Nanotech Corp. is about 90.1%, meaning it keeps roughly 90.1% of revenue as net income. 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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