EN DE

Jiransecurity Co (208350) Fair Value & Analysis

Technology · KR · Market cap 23.7B KRW

JC Jiransecurity Co 208350 · KQ
Price2,680 KRW
Fair Value4,596 KRW
Upside+71.5%
Quality61/100
Watch Jiransecurity Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 4.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/9)
Narrow moat 24/100
Evidence: Medium Range 3,447 KRW – 5,745 KRW Share as image

Fair value as of: Jul 20, 2026

From 22 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from 4,534 KRW to 4,596 KRW (+1.4%) since Jul 7, 2026. Share price −12.8% over the past month.

A solid business, screening 72% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (3,447 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

8,340 KRW 2,510 KRW Fair Value 4,596 KRW Feb 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 2,510 KRW – 8,340 KRW · fair‑value band 3,447 KRW – 5,745 KRW · the 2,680 KRW price screens below the 4,596 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Jiransecurity Co (208350) currently trades at 2,680 KRW, while our model-based Fair Value estimate is 4,596 KRW, implying the stock looks roughly 71.5% undervalued today. The Quality Score stands at 61/100 (solid 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: medium), always confirm before acting.

Over the trailing twelve months, Jiransecurity Co generated revenue of 38.8B KRW at a net margin of 4.2%. Revenue declined 2.3% year over year. It earns a return on equity of 0.9%. Net debt stands at 92.3M KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 3,447 KRW (bear case) to 5,745 KRW (bull case); at 2,680 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 30% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at 72%, 208350 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 6,848 KRW 9,158 KRW 13,110 KRW 80
Residual Income 4,759 KRW 4,668 KRW 4,085 KRW 76
Rev-Margin DCF 4,496 KRW 6,012 KRW 7,919 KRW 74
All 22 models by family
DCF Models
FCF DCF 6,566 KRW 8,946 KRW 13,354 KRW 38
Owner Earnings 2,547 KRW 3,349 KRW 4,834 KRW 31
5Y Revenue Exit 4,496 KRW 5,870 KRW 7,857 KRW 39
5Y EBITDA Exit 5,456 KRW 7,531 KRW 10,282 KRW 41
5Y P/E Exit 4,652 KRW 6,139 KRW 7,929 KRW 38
10Y Revenue Exit 5,185 KRW 6,282 KRW 7,414 KRW 36
10Y EBITDA Exit 5,845 KRW 7,309 KRW 8,838 KRW 37
10Y P/E Exit 5,356 KRW 6,448 KRW 7,457 KRW 35
Earnings-Based
Graham-Dodd 1,563 KRW 1,910 KRW 2,149 KRW 54
EPV 3,274 KRW 3,736 KRW 4,140 KRW 59
Multiples
P/E Multiple 3,447 KRW 4,596 KRW 5,745 KRW 63
P/S Multiple 2,930 KRW 3,907 KRW 4,883 KRW 58
P/B Multiple 2,930 KRW 3,907 KRW 4,883 KRW 55
EV/EBIT 4,867 KRW 6,322 KRW 7,776 KRW 53
EV/EBITDA 5,479 KRW 7,138 KRW 8,796 KRW 54
EV/Revenue 3,445 KRW 4,706 KRW 5,966 KRW 43
Asset-Based
NCAV (Graham) 3,235 KRW 4,335 KRW 6,470 KRW 50
Growth DCF
Growth DCF 6,848 KRW 9,158 KRW 13,110 KRW 80
Rev-Margin DCF 4,496 KRW 6,012 KRW 7,919 KRW 74
Economic Profit
Residual Income 4,759 KRW 4,668 KRW 4,085 KRW 76
ROIC Compounder 3,274 KRW 3,736 KRW 4,140 KRW 72
Growth Earnings
Growth-Adj P/E 2,439 KRW 3,484 KRW 4,529 KRW 68

Widest divergence: DCF Models (6,282 KRW) versus Earnings-Based (1,910 KRW). Highest evidence: Growth DCF (80).

Notify me when 208350 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 38.8B KRW
Revenue growth (YoY) -2.3%
Net margin 4.2%
Return on equity 0.9%
Free cash flow 5.0B KRW FY2025
Operating margin -19.0%
More key figures
EPS growth (YoY) -92.7%
Net debt 92.3M KRW FY2024

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 61 · Market factors (momentum, volatility) 42

Profitability 31
Margins and returns on capital today
Quality Growth 70
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 65
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

Jiransecurity Co.,Ltd, a security software company, provides solutions and maintenance services for corporate information security and data management. The company offers malware/threat response solutions, including SaniTOX, an attachment malware response solution; and MudFix, a malicious email simulation training solution.

Full company description

Jiransecurity Co.,Ltd, a security software company, provides solutions and maintenance services for corporate information security and data management. The company offers malware/threat response solutions, including SaniTOX, an attachment malware response solution; and MudFix, a malicious email simulation training solution. It also provides mail security solutions, such as SpamSniper, an integrated email security solution to counter scams/ransomware; MailScreen, an email data loss prevention solution to prevent internal information leaks; Jaybolt Plus, a user-centric intelligent email archiving solution that improves email management efficiency and enables compliance with regulations; and Cloud MailGate, a zero-trust perspective enterprise cloud email integrated security service. In addition, the company offers document security products comprising DocuOne, a document centralization solution that safely integrates and manages corporate information assets through centralization of business data; and Officehard, an enterprise security file server solution that integrates management of corporate information assets with a secure and secure collaboration environment. Further, it provides mobile security products, which include MobileKeeper, an enterprise mobility management solution; and MailSafer, a mobile email management solution for enterprises, as well as blockchain products comprising J-Vault Chain, a blockchain-based email archiving solution. Additionally, the company offers document search/document filter products, such as DocuX, a text extraction software development kit that extracts texts and key information from various forms of documents; and DeepIR, an artificial intelligence document search solution. Jiransecurity Co.,Ltd was incorporated in 2014 and is headquartered in Seongnam-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiransecurity Co reported revenue of 38.9B KRW in FY2025 versus 57.3B KRW in FY2021, a compound −9.2%/yr. Reported net income was 1.8B KRW in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
38.9B KRW
Latest YoY
+14.1%
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.
−15.9%
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.
−9.0%
Avg. growth/yr (9Y) 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.
+7.8%
Revenue −9.2%/yr
FY21 57.3B KRW
FY22 65.4B KRW
FY23 35.3B KRW
FY24 34.1B KRW
FY25 38.9B KRW
Net income
FY21 −5.7B KRW
FY22 1.5B KRW
FY23 11.8B KRW
FY24 −1.3B KRW
FY25 1.8B KRW

Watch 208350: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "Jiransecurity Co Fair Value". https://www.fairvalue-calculator.com/stock/208350

Peer Group

Software - Application · 709 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 61 · Above median
Fair Value upside +72% · Top 25%
Return on equity (TTM) 1% · Below median
Return on assets 1% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) -19% · Bottom 25%
Revenue growth -2% · Below median
Debt / equity 0.19× · Higher than median

Valuation Multiples vs Software - Application 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 0
FUTURE 0 · sector 38
PAST 3 · sector 13
HEALTH 90 · sector 98
DIVIDEND 0 · sector 28

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 Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

Compare Jiransecurity Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Jiransecurity Co (208350) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 4,596 KRW versus a price of 2,680 KRW, about +72% (undervalued).
What is the fair value of 208350?
Our model-based fair value for Jiransecurity Co is 4,596 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 2,680 KRW.
What is the quality score of 208350?
Jiransecurity Co has a Quality Score of 61/100. 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 Jiransecurity Co (208350)?
Jiransecurity Co reported trailing-twelve-month revenue of about 38.8B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 208350?
The net profit margin of Jiransecurity Co is about 4.2%, meaning it keeps roughly 4.2% 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.

14 days Pro free · no card

Track Jiransecurity Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.