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Saramin Co (143240) Fair Value & Analysis

Industrials · KR · Market cap 170B KRW

SC Saramin Co 143240 · KQ
Price17,090 KRW
Fair Value29,689 KRW
Upside+73.7%
Quality65/100
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Expensive Growth
Highly profitable · 78.6% net margin
Low debt · generates free cash flow
4.29% dividend yield
Ranks above peers (10/10)
Wide moat 72/100
Evidence: High Range 22,889 KRW – 36,488 KRW Share as image

Fair value as of: Jul 22, 2026

From 23 valuation models · updated 19 days ago

Share price +6.8% over the past month.

A solid business, screening 74% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (22,889 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (65/100) 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)

48,632 KRW 12,243 KRW Fair Value 29,689 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 12,243 KRW – 48,632 KRW · fair‑value band 22,889 KRW – 36,488 KRW · the 17,090 KRW price screens below the 29,689 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Saramin Co (143240) currently trades at 17,090 KRW, while our model-based Fair Value estimate is 29,689 KRW, implying the stock looks roughly 73.7% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Industrials 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, Saramin Co generated revenue of 121B KRW at a net margin of 78.6%. Revenue grew 0.9% year over year. It earns a return on equity of 43.6%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 22,889 KRW (bear case) to 36,488 KRW (bull case); at 17,090 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 7% below its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 23% fair-value upside, at 74%, 143240 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 9,926 KRW 12,927 KRW 17,030 KRW 80
Residual Income 62,176 KRW 88,850 KRW 788,902 KRW 76
Rev-Margin DCF 13,814 KRW 20,840 KRW 28,322 KRW 74
All 23 models by family
DCF Models
FCF DCF 9,718 KRW 12,950 KRW 17,570 KRW 38
Owner Earnings 95,658 KRW 137,334 KRW 196,893 KRW 31
5Y Revenue Exit 13,814 KRW 20,843 KRW 29,600 KRW 39
5Y EBITDA Exit 16,368 KRW 25,393 KRW 35,556 KRW 41
5Y P/E Exit 82,118 KRW 142,515 KRW 203,385 KRW 38
10Y Revenue Exit 11,794 KRW 17,788 KRW 25,367 KRW 36
10Y EBITDA Exit 13,810 KRW 20,866 KRW 29,712 KRW 37
10Y P/E Exit 54,929 KRW 100,097 KRW 152,186 KRW 35
Earnings-Based
Graham-Dodd 59,550 KRW 141,115 KRW 181,816 KRW 54
PEG = 1.0 24,459 KRW 34,942 KRW 45,425 KRW 46
EPV 10,535 KRW 11,876 KRW 13,049 KRW 59
Multiples
P/E Multiple 137,929 KRW 183,905 KRW 229,882 KRW 63
P/S Multiple 17,322 KRW 23,095 KRW 28,869 KRW 58
P/B Multiple 85,835 KRW 114,447 KRW 143,058 KRW 55
EV/EBIT 22,889 KRW 29,689 KRW 36,488 KRW 53
EV/EBITDA 22,655 KRW 29,376 KRW 36,098 KRW 54
EV/Revenue 17,041 KRW 23,277 KRW 29,512 KRW 43
Asset-Based
NCAV (Graham) 12,716 KRW 17,040 KRW 25,433 KRW 50
Growth DCF
Growth DCF 9,926 KRW 12,927 KRW 17,030 KRW 80
Rev-Margin DCF 13,814 KRW 20,840 KRW 28,322 KRW 74
Economic Profit
Residual Income 62,176 KRW 88,850 KRW 788,902 KRW 76
ROIC Compounder 10,535 KRW 11,876 KRW 13,049 KRW 72
Growth Earnings
Growth-Adj P/E 104,643 KRW 149,489 KRW 194,336 KRW 68

Widest divergence: Growth Earnings (149,489 KRW) versus Economic Profit (11,876 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 121B KRW
Revenue growth (YoY) +0.9%
Net margin 78.6%
Return on equity 43.6%
Free cash flow 7.1B KRW FY2025
Operating margin 15.1%
More key figures
Dividend yield 4.4%
EPS growth (YoY) +241%

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 63 · Market factors (momentum, volatility) 69

Profitability 77
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 69
Distance to the 52-week high (market factor)
Net Issuance 100
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

Saramin Co.,Ltd. operates as a recruitment company in South Korea. The company offers Saramin, a career matching platform; Jumpit, an employment platform for developers; recruitment consulting; and HR research services. The company was formerly known as SaraminHR Co.,Ltd. and changed its name to Saramin Co., Ltd. in April 2023. Saramin Co.,Ltd.

Full company description

Saramin Co.,Ltd. operates as a recruitment company in South Korea. The company offers Saramin, a career matching platform; Jumpit, an employment platform for developers; recruitment consulting; and HR research services. The company was formerly known as SaraminHR Co.,Ltd. and changed its name to Saramin Co., Ltd. in April 2023. Saramin Co.,Ltd. was founded in 2005 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Saramin Co reported revenue of 121B KRW in FY2025 versus 129B KRW in FY2021, a compound −1.5%/yr. Reported net income was 91.9B KRW in FY2025, compounding +30.1%/yr from FY2021.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
121B KRW
Latest YoY
−5.6%
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.
−6.6%
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.
+4.7%
Avg. growth/yr (11Y) 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.
+7.4%
Revenue −1.5%/yr
FY21 129B KRW
FY22 149B KRW
FY23 132B KRW
FY24 128B KRW
FY25 121B KRW
Net income +30.1%/yr
FY21 32.1B KRW
FY22 29.4B KRW
FY23 18.9B KRW
FY24 12.6B KRW
FY25 91.9B KRW

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Cite: Fair Value Calculator (2026). "Saramin Co Fair Value". https://www.fairvalue-calculator.com/stock/143240

Peer Group

Staffing & Employment Services · 85 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 65 · Above median
Fair Value upside +74% · Top 25%
Return on equity (TTM) 44% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 79% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 1% · Above median
Dividend yield (TTM) 4.3% · Above median

Valuation Multiples vs Staffing & Employment Services 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 41
FUTURE 5 · sector 1
PAST 100 · sector 36
HEALTH 100 · sector 95
DIVIDEND 86 · sector 60

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

Stock Price Fair Value vs Fair Value
Adecco Group ADEN CHF 20.46 CHF 23.73 +16%
Korn Ferry, KFY $78.61 $114.56 +46%
Robert Half Inc RHI $36.70 $22.10 -40%
TriNet Group TNET $57.56 $70.85 +23%
ManpowerGroup Inc MAN $39.02 $29.67 -24%
Insperity, Inc NSP $49.48 $17.34 -65%
FESCO Group 600861 ¥13.24 ¥45.46 +243%
Grupa Pracuj S.A GPP 47.40 PLN 65.45 PLN +38%
Barrett Business Services, Inc BBSI $37.43 $38.42 +3%
Maharah for Human Resources Company 1831 5.36 SAR 6.92 SAR +29%

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Frequently asked questions

Is Saramin Co (143240) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 29,689 KRW versus a price of 17,090 KRW, about +74% (undervalued).
What is the fair value of 143240?
Our model-based fair value for Saramin Co is 29,689 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 17,090 KRW.
What is the quality score of 143240?
Saramin Co has a Quality Score of 65/100. 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 Saramin Co (143240)?
Saramin Co reported trailing-twelve-month revenue of about 121B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 143240?
The net profit margin of Saramin Co is about 78.6%, meaning it keeps roughly 78.6% of revenue as net income. Based on the latest reported figures.
Does Saramin Co pay a dividend?
Saramin Co currently shows a dividend yield of about 4.42% 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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