Ram Technology Co. Ltd (171010) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Ram Technology Co. Ltd KRW 1,775, price KRW 2,635, upside -32.6%, quality 32 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range 2,375 KRW – 12,600 KRW · fair‑value band 1,325 KRW – 1,775 KRW · the 2,635 KRW price screens above the 1,775 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
Follow Ram Technology Co. in your weekly email
Every Wednesday you see whether Ram Technology Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Ram Technology Co., Ltd. engages in the manufacturing and selling of electronic chemical materials in South Korea. It offers etching, stripping, and cleaning solution used in IT manufacturing processes for semiconductors, displays, secondary batteries, etc. The company was founded in 2001 and is headquartered in Yongin-Si, South Korea.
Stock analysis
Ram Technology Co. Ltd (171010) currently trades at 2,635 KRW, while our model-based Fair Value estimate is 1,775 KRW, 32.6% below the price, so the stock looks overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: 1,325 KRW (bear) to 1,775 KRW (bull), the price of 2,635 KRW sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 32/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Ram Technology Co. Ltd reported revenue of 42.7B KRW in FY2025 versus 48.6B KRW in FY2021, a compound −3.2%/yr. Reported net income was −8.4B KRW in FY2025.
Key figures
Market cap 37.7B KRW (≈ $28.0M) · P/S ratio 0.83 · Net margin −19.6% · Return on equity −17.9% · Return on assets (EBIT) 1.8% · Operating margin 2.5% · Revenue (TTM) 45.2B KRW · Revenue growth (YoY) +12.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 45% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −28% fair-value upside, at −33%, 171010 screens richer than that median.
Fair Value models
Bear 1,325 KRWFair Value 1,775 KRWBull 1,775 KRW
Price 2,635 KRW · Upside -32.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−4.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−14.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.0%
Start year 2020 (pandemic). Over 10 years: +4.9% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−0.1%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
6.1% (2020) → −2.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Semiconductor Equipment & Materials · 218 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Ram Technology Co. Ltd (171010) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 1,775 KRW versus a price of 2,635 KRW, about −33% upside (overvalued).
What is the fair value of 171010?
Our model-based fair value for Ram Technology Co. Ltd is 1,775 KRW (as of Oct 3, 2026), built from audited fundamentals. The current price: 2,635 KRW.
What is the quality score of 171010?
Ram Technology Co. Ltd has a Quality Score of 32/100. 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 price target for Ram Technology Co. Ltd (171010)?
Our model-based price target is the fair value of 1,775 KRW (as of Oct 3, 2026) from 2 valuation models. Cautious scenario 1,325 KRW, optimistic scenario 1,775 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Ram Technology Co. Ltd stock forecast for 2026?
Our models put fair value at 1,775 KRW, about −33% upside versus a price of 2,635 KRW (overvalued). Cautious scenario 1,325 KRW, optimistic scenario 1,775 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Ram Technology Co. Ltd (171010)?
Ram Technology Co. Ltd reported trailing-twelve-month revenue of about 45.2B KRW (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of Ram Technology Co. Ltd (171010)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ram Technology Co. Ltd it is 1,775 KRW per share (as of Oct 3, 2026), against a price of 2,635 KRW. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is Ram Technology Co. Ltd stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 171010 trades above its calculated fair value: price 2,635 KRW, fair value 1,775 KRW, a gap of about −33% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 171010?
No. The price is what the market pays today (2,635 KRW); the fair value is what the company's own numbers justify (1,775 KRW). For Ram Technology Co. Ltd the two are 860.06 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Ram Technology Co. Ltd worth?
The market values Ram Technology Co. Ltd at about 37.7B KRW (market capitalisation, as of Oct 3, 2026). Per share that is 2,635 KRW; our models calculate a fair value of 1,775 KRW per share.
What do the bullish and bearish scenarios say about 171010?
Our models span a range for Ram Technology Co. Ltd: cautious scenario 1,325 KRW, base 1,775 KRW, optimistic 1,775 KRW per share (as of Oct 3, 2026, price 2,635 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ram Technology Co. Ltd (171010)?
Balance-sheet figures for Ram Technology Co. Ltd (as of Oct 3, 2026): return on equity −17.9%, debt of 0.76 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is 171010 from its 52-week high?
Ram Technology Co. Ltd trades at 2,635 KRW, about 45% below its 52-week high of 4,800 KRW and 11% above the low of 2,375 KRW (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 1,775 KRW is for.
Which stocks are comparable to Ram Technology Co. Ltd?
From the same area (Technology) we also value ASML Holding, Lam Research Corporation, Applied Materials, Inc, KLA Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ram Technology Co. Ltd stock attractive at the current price?
The data as of Oct 3, 2026: price 2,635 KRW, calculated fair value 1,775 KRW (−33%), Quality Score 32/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 171010 calculated?
We run Ram Technology Co. Ltd through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 1,775 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. Ram Technology Co. Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ram Technology Co. Ltd (171010)?
The closing price on Oct 2, 2026 was 2,635 KRW. Our model-based fair value is 1,775 KRW, about −33% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ram Technology Co. Ltd right now?
The price sits above even our optimistic bull case (1,775 KRW). The favourable scenario is already priced in. Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Ram Technology Co. Ltd
How large is the market capitalisation of Ram Technology Co. Ltd (171010)?
The market capitalisation of Ram Technology Co. Ltd is 37.7B KRW (≈ $28.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ram Technology Co. Ltd (171010)?
The price-to-sales ratio of Ram Technology Co. Ltd is 0.83 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Ram Technology Co. Ltd (171010)?
The net margin of Ram Technology Co. Ltd is −19.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ram Technology Co. Ltd (171010)?
The return on equity (ROE) of Ram Technology Co. Ltd is −17.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ram Technology Co. Ltd (171010)?
On an EBIT basis the return on assets of Ram Technology Co. Ltd is 1.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ram Technology Co. Ltd (171010)?
The operating margin of Ram Technology Co. Ltd is 2.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ram Technology Co. Ltd (171010)?
Revenue at Ram Technology Co. Ltd is growing +12.8% versus a year earlier (3y avg −14.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ram Technology Co. Ltd (171010)?
Earnings per share at Ram Technology Co. Ltd are growing −95.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ram Technology Co. Ltd (171010) generate?
The free cash flow of Ram Technology Co. Ltd is −7.1B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Ram Technology Co. Ltd (171010) carry?
The net debt of Ram Technology Co. Ltd is 49.6B KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Ram Technology Co. Ltd in the live analysis
One click puts Ram Technology Co. Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
