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Macromill Embrain Co (169330) Fair Value & Analysis

Communication Services · KR · Market cap 25.2B KRW

ME Macromill Embrain Co 169330 · KQ
Price1,262 KRW
Fair Value1,099 KRW
Upside-12.9%
Quality55/100
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Mixed Growth
Thin margins · 0.6% net margin
negative free cash flow
4.66% dividend yield
Trails peers (3/8)
Narrow moat 18/100
Evidence: Low Range 957.83 KRW – 1,241 KRW Share as image

Fair value as of: Jul 20, 2026

From 3 valuation models · updated 20 days ago

Share price −15.8% over the past month.

A solid business, but screening 13% overvalued on our models.

What matters now

  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

5,053 KRW 1,262 KRW Fair Value 1,099 KRW Mar 2021 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

60‑month range 1,262 KRW – 5,053 KRW · fair‑value band 957.83 KRW – 1,241 KRW · the 1,262 KRW price screens above the 1,099 KRW fair value. Dashed = 300-day average. As of Jul 20, 2026.

Full chart & analysis →

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Analysis

Macromill Embrain Co (169330) currently trades at 1,262 KRW, while our model-based Fair Value estimate is 1,099 KRW, implying the stock looks roughly 12.9% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Communication Services 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: low).

Over the trailing twelve months, Macromill Embrain Co generated revenue of 59.7B KRW at a net margin of 0.6%. Revenue declined 11.4% year over year. It earns a return on equity of 0.2%. Fundamentals as of Jul 20, 2026

Our scenario range runs from 957.83 KRW (bear case) to 1,241 KRW (bull case); at 1,262 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 45% below its 52-week high, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at -13%, 169330 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
EV/EBITDA 957.83 KRW 1,099 KRW 1,241 KRW 54
NCAV (Graham) 732.83 KRW 982.00 KRW 1,466 KRW 50
Owner Earnings 769.96 KRW 895.23 KRW 1,084 KRW 31
All 3 models by family
DCF Models
Owner Earnings 769.96 KRW 895.23 KRW 1,084 KRW 31
Multiples
EV/EBITDA 957.83 KRW 1,099 KRW 1,241 KRW 54
Asset-Based
NCAV (Graham) 732.83 KRW 982.00 KRW 1,466 KRW 50

Widest divergence: Multiples (1,099 KRW) versus DCF Models (895.23 KRW). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) 59.7B KRW
Revenue growth (YoY) -11.4%
Net margin 0.6%
Return on equity 0.2%
Free cash flow −193M KRW FY2024
Operating margin -9.7%
More key figures
Dividend yield 4.7%
EPS growth (YoY) +36.8%

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 54 · Market factors (momentum, volatility) 25

Profitability 30
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 83
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

Macromill Embrain Co., Ltd. operates as an online research company in South Korea and internationally. The company offers optimal research methods for individual marketing situations; social/public research; consumer research information and professional research content materials; online due diligence services; do it yourself research services for …

Full company description

Macromill Embrain Co., Ltd. operates as an online research company in South Korea and internationally. The company offers optimal research methods for individual marketing situations; social/public research; consumer research information and professional research content materials; online due diligence services; do it yourself research services for customers to use professional research services; and research and consulting services that present systematic analysis and practical strategies. The company was founded in 1998 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Macromill Embrain Co reported revenue of 56.2B KRW in FY2024 versus 43.8B KRW in FY2020, a compound +6.4%/yr. Reported net income was −842M KRW in FY2024.

Growth Quality 32/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
56.2B KRW
Latest YoY
+4.6%
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.
+3.1%
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.
+6.4%
Avg. growth/yr (8Y) 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.
+8.1%
Revenue +6.4%/yr
FY20 43.8B KRW
FY21 51.3B KRW
FY22 54.9B KRW
FY23 53.7B KRW
FY24 56.2B KRW
Net income
FY20 4.9B KRW
FY21 6.0B KRW
FY22 3.8B KRW
FY23 1.4B KRW
FY24 −842M KRW

169330 screens 13% overvalued. Compare with AppLovin Corporation →

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Cite: Fair Value Calculator (2026). "Macromill Embrain Co Fair Value". https://www.fairvalue-calculator.com/stock/169330

Peer Group

Advertising Agencies · 199 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 54 · Above median
Fair Value upside −13% · Below median
Return on equity (TTM) 0% · Below median
Return on assets 0% · Below median
Net margin (TTM) 1% · Above median
Operating margin (TTM) -10% · Bottom 25%
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 4.7% · 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 16 · sector 19
FUTURE 0 · sector 8
PAST 1 · sector 7
HEALTH 0 · sector 98
DIVIDEND 93 · sector 66

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 Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $506.98 $181.37 -64%
Publicis Groupe S.A PUB €87.16 €146.36 +68%
Omnicom Group OMC $80.75 $99.84 +24%
Focus Media Information Technology Co 002027 ¥5.00 ¥4.08 -18%
The Trade Desk, Inc TTD $19.37 $20.76 +7%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €21.28 €20.99 -1%
WPP plc WPP $18.13 $18.56 +2%
Easy Click Worldwide Network Technology Co 301171 ¥28.85 ¥5.62 -81%
Magnite, Inc MGNI $19.91 $17.17 -14%

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Frequently asked questions

Is Macromill Embrain Co (169330) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 1,099 KRW versus a price of 1,262 KRW, about −13% (overvalued).
What is the fair value of 169330?
Our model-based fair value for Macromill Embrain Co is 1,099 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 1,262 KRW.
What is the quality score of 169330?
Macromill Embrain Co has a Quality Score of 55/100. 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 Macromill Embrain Co (169330)?
Macromill Embrain Co reported trailing-twelve-month revenue of about 59.7B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 169330?
The net profit margin of Macromill Embrain Co is about 0.6%, meaning it keeps roughly 0.6% of revenue as net income. Based on the latest reported figures.
Does Macromill Embrain Co pay a dividend?
Macromill Embrain Co currently shows a dividend yield of about 4.66% 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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