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RaemongRaein Co. Ltd. (200350) Fair Value & Analysis

Communication Services · KR · Market cap 17.4B KRW

RC RaemongRaein Co. Ltd. 200350 · KQ
Price2,435 KRW
Fair Value3,557 KRW
Upside+46.1%
Quality46/100
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Strengths

Trades 46% below our fair value of 3,557 KRW

Risks

!Weak Growth
!Loss-making · -33.2% net margin
!Low debt · negative free cash flow
!Trails peers (2/8)
Weak Growth
Loss-making · -33.2% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 11/100
Evidence: Low Range 2,348 KRW – 4,446 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 7 days ago

Share price +39.9% over the past month.

Below-average quality, screening 46% undervalued on our models.

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What matters now

  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (2,348 KRW to 4,446 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

38,400 KRW 1,547 KRW Fair Value 3,557 KRW Dec 2021 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

56‑month range 1,547 KRW – 38,400 KRW · fair‑value band 2,348 KRW – 4,446 KRW · the 2,435 KRW price screens below the 3,557 KRW fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

RaemongRaein Co. Ltd. (200350) currently trades at 2,435 KRW, while our model-based Fair Value estimate is 3,557 KRW, implying the stock looks roughly 46.1% undervalued today. The Quality Score stands at 46/100 (below-average quality), in the Communication Services 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: low), always confirm before acting.

Over the trailing twelve months, RaemongRaein Co. Ltd. generated revenue of 13.7B KRW at a net margin of -33.2%. Revenue declined 42.5% year over year. It earns a return on equity of -8.8%. Net debt stands at 5.8B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2,348 KRW (bear case) to 4,446 KRW (bull case); at 2,435 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. For context, the median of 10 Communication Services peers we cover trades at -43% fair-value upside, at 46%, 200350 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
NCAV (Graham) 2,478 KRW 3,320 KRW 4,955 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 2,478 KRW 3,320 KRW 4,955 KRW 50

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Key figures & financial health

Revenue (TTM) 13.7B KRW
Revenue growth (YoY) -42.5%
Net margin -33.2%
Return on equity -8.8%
Free cash flow −10.9B KRW FY2025
Operating margin -33.4%
More key figures
Net debt 5.8B KRW FY2022

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 47 · Market factors (momentum, volatility) 14

Profitability 3
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 40
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

Artist Studio Inc. engages in the planning, producing, and selling drama contents and promotional materials. It also sells broadcasting rights; produces digital content; imports and distributes dramas; and licensing services. The company was formerly known as RaemongRaein Co., Ltd. and changed its name to Artist Studio Inc. in November 2024.

Full company description

Artist Studio Inc. engages in the planning, producing, and selling drama contents and promotional materials. It also sells broadcasting rights; produces digital content; imports and distributes dramas; and licensing services. The company was formerly known as RaemongRaein Co., Ltd. and changed its name to Artist Studio Inc. in November 2024. The company was founded in 2007 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

RaemongRaein Co. Ltd. reported revenue of 14.6B KRW in FY2025 versus 41.0B KRW in FY2021, a compound −22.7%/yr. Reported net income was −4.7B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
14.6B KRW
Latest YoY
−46.5%
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.
−31.0%
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.
−15.9%
Revenue −22.7%/yr
FY21 41.0B KRW
FY22 44.4B KRW
FY23 41.9B KRW
FY24 27.3B KRW
FY25 14.6B KRW
Net income
FY21 2.3B KRW
FY22 −6.4B KRW
FY23 −7.4B KRW
FY24 −15.0B KRW
FY25 −4.7B KRW

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Cite: Fair Value Calculator (2026). "RaemongRaein Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/200350

Peer Group

Entertainment · 266 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 48 · Below median
Fair Value upside +46% · Top 25%
Return on assets -3% · Below median
Net margin (TTM) -33% · Bottom 25%
Operating margin (TTM) -33% · Bottom 25%
Revenue growth -43% · Bottom 25%
Debt / equity 0.03× · Lower than 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE95 · sector 13
FUTURE0 · sector 8
PAST0 · sector 0
HEALTH99 · sector 98
DIVIDEND0 · sector 45

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

Similar stocks

10 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.44 C$2.82 -56%
The Walt Disney Company DIS $103.50 $80.62 -22%
Warner Bros. Discovery, Inc WBD $27.65 $9.03 -67%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 59.14 MXN +8%
PT MNC Digital Entertainment Tbk, MSIN 370.00 IDR 212.14 IDR -43%
Prime Focus Limited PFOCUS ₹268.00 ₹63.45 -76%
JYP Entertainment Corporation 035900 39,950 KRW 82,382 KRW +106%
SM Entertainment Co 041510 75,500 KRW 208,415 KRW +176%
PVR INOX Limited PVRINOX ₹1,176 ₹467.91 -60%
Saregama India Limited SAREGAMA ₹516.05 ₹214.51 -58%

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Frequently asked questions

Is RaemongRaein Co. Ltd. (200350) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 3,557 KRW versus a price of 2,435 KRW, about +46% (undervalued).
What is the fair value of 200350?
Our model-based fair value for RaemongRaein Co. Ltd. is 3,557 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 2,435 KRW.
What is the quality score of 200350?
RaemongRaein Co. Ltd. has a Quality Score of 46/100. 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 RaemongRaein Co. Ltd. (200350)?
RaemongRaein Co. Ltd. reported trailing-twelve-month revenue of about 13.7B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 200350?
The net profit margin of RaemongRaein Co. Ltd. is about -33.2%, 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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