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Suprema Inc (236200) Fair Value & Analysis

Industrials · KR · Market cap 335B KRW

SI Suprema Inc 236200 · KQ
Price63,700 KRW
Fair Value106,517 KRW
Upside+67.2%
Quality69/100
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Healthy Growth
Highly profitable · 24.6% net margin
Low debt · generates free cash flow
0.83% dividend yield
Ranks above peers (9/10)
Wide moat 66/100
Evidence: High Range 67,036 KRW – 140,445 KRW Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated 21 days ago

Share price +33.5% over the past month.

A solid business, screening 67% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (67,036 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (67,036 KRW to 140,445 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

63,700 KRW 19,192 KRW Fair Value 106,517 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 19,192 KRW – 63,700 KRW · fair‑value band 67,036 KRW – 140,445 KRW · the 63,700 KRW price screens below the 106,517 KRW fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Suprema Inc (236200) currently trades at 63,700 KRW, while our model-based Fair Value estimate is 106,517 KRW, implying the stock looks roughly 67.2% undervalued today. The Quality Score stands at 69/100 (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, Suprema Inc generated revenue of 140B KRW at a net margin of 24.6%. Revenue grew 8.1% year over year. It earns a return on equity of 13.0%. Fundamentals as of Jul 20, 2026

Our scenario range runs from 67,036 KRW (bear case) to 140,445 KRW (bull case); at 63,700 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 near its 52-week high and 111% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at 67%, 236200 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 67,402 KRW 134,548 KRW 264,068 KRW 80
Rev-Margin DCF 50,558 KRW 87,448 KRW 140,829 KRW 74
ROIC Compounder 57,534 KRW 84,497 KRW 105,697 KRW 72
All 24 models by family
DCF Models
FCF DCF 69,573 KRW 119,824 KRW 259,490 KRW 38
Owner Earnings 68,138 KRW 142,823 KRW 300,323 KRW 31
5Y Revenue Exit 50,558 KRW 86,612 KRW 144,577 KRW 39
5Y EBITDA Exit 61,039 KRW 109,934 KRW 183,840 KRW 41
5Y P/E Exit 73,564 KRW 142,008 KRW 228,017 KRW 38
10Y Revenue Exit 54,580 KRW 96,097 KRW 155,382 KRW 36
10Y EBITDA Exit 63,447 KRW 115,397 KRW 205,605 KRW 37
10Y P/E Exit 72,347 KRW 138,460 KRW 247,835 KRW 35
Earnings-Based
Graham-Dodd 31,603 KRW 204,307 KRW 285,763 KRW 54
Lynch FV 59,306 KRW 84,723 KRW 110,140 KRW 50
PEG = 1.0 59,306 KRW 84,723 KRW 110,140 KRW 46
EPV 49,665 KRW 57,130 KRW 63,766 KRW 59
Multiples
P/E Multiple 69,712 KRW 92,949 KRW 116,187 KRW 63
P/S Multiple 36,954 KRW 49,272 KRW 61,590 KRW 58
P/B Multiple 59,255 KRW 79,007 KRW 98,759 KRW 55
EV/EBIT 70,816 KRW 91,967 KRW 113,118 KRW 53
EV/EBITDA 59,240 KRW 76,533 KRW 93,826 KRW 54
EV/Revenue 41,853 KRW 56,634 KRW 71,416 KRW 43
Asset-Based
NCAV (Graham) 19,459 KRW 26,075 KRW 38,917 KRW 50
Growth DCF
Growth DCF 67,402 KRW 134,548 KRW 264,068 KRW 80
Rev-Margin DCF 50,558 KRW 87,448 KRW 140,829 KRW 74
Economic Profit
Residual Income 36,567 KRW 44,247 KRW 100,220 KRW 61
ROIC Compounder 57,534 KRW 84,497 KRW 105,697 KRW 72
Growth Earnings
Growth-Adj P/E 81,774 KRW 116,820 KRW 151,866 KRW 68

Widest divergence: Growth Earnings (116,820 KRW) versus Asset-Based (26,075 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 140B KRW
Revenue growth (YoY) +8.1%
Net margin 24.6%
Return on equity 13.0%
Free cash flow 27.2B KRW FY2025
Operating margin 17.3%
More key figures
Dividend yield 0.8%
EPS growth (YoY) +22.4%

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

Quality Score breakdown

Overall quality 69/100

Of which business quality 69 · Market factors (momentum, volatility) 77

Profitability 59
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 81
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 76
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

Suprema Inc. develops and manufactures biometric and security products in South Korea and internationally. The company offers biometric access control systems, time and attendance solutions, fingerprint live scanners, mobile authentication solutions, and embedded fingerprint modules.

Full company description

Suprema Inc. develops and manufactures biometric and security products in South Korea and internationally. The company offers biometric access control systems, time and attendance solutions, fingerprint live scanners, mobile authentication solutions, and embedded fingerprint modules. It also provides access control, mobile access, and time and attendance solutions; BioSign, a mobile authentication solution; and integrated solutions, including BioStar 2, a Web-based security platform that enables to integrate with third-party systems. In addition, the company offers biometric readers, rf/ mobile readers, intelligent controller, open platform, peripherals, and OEM fingerprint modules. It serves construction, data center, healthcare, commercial, infrastructure, and manufacturing industries. Suprema Inc. was founded in 2000 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

Suprema Inc reported revenue of 137B KRW in FY2025 versus 72.6B KRW in FY2021, a compound +17.3%/yr. Reported net income was 32.4B KRW in FY2025, compounding +9.3%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
137B KRW
Latest YoY
+26.9%
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.
+15.4%
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.
+18.9%
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.
+14.0%
Revenue +17.3%/yr
FY21 72.6B KRW
FY22 89.4B KRW
FY23 94.6B KRW
FY24 108B KRW
FY25 137B KRW
Net income +9.3%/yr
FY21 22.7B KRW
FY22 17.9B KRW
FY23 23.0B KRW
FY24 32.5B KRW
FY25 32.4B KRW

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Cite: Fair Value Calculator (2026). "Suprema Inc Fair Value". https://www.fairvalue-calculator.com/stock/236200

Peer Group

Security & Protection Services · 114 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 69 · Top 25%
Fair Value upside +67% · Top 25%
Return on equity (TTM) 13% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 8% · Above median
Dividend yield (TTM) 0.8% · Bottom 25%

Valuation Multiples vs Security & Protection 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 19
FUTURE 41 · sector 39
PAST 52 · sector 20
HEALTH 100 · sector 99
DIVIDEND 17 · sector 49

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 Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

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ASSA ABLOY AB ASSAB kr 348.40 kr 269.97 -23%
Verisure plc VSURE €10.26 €12.40 +21%
Allegion plc ALLE $137.24 $127.80 -7%
Securitas AB SECUB kr 162.10 kr 186.34 +15%
Zhejiang Dahua Technology Co 002236 ¥16.57 ¥23.58 +42%
MSA Safety Incorporated MSA $169.00 $118.51 -30%
ADT Inc ADT $7.06 $17.10 +142%
The Brink's Company BCO $104.24 $101.84 -2%
Brady Corporation BRC $90.16 $73.43 -19%
The GEO Group GEO $29.46 $32.36 +10%

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Frequently asked questions

Is Suprema Inc (236200) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 106,517 KRW versus a price of 63,700 KRW, about +67% (undervalued).
What is the fair value of 236200?
Our model-based fair value for Suprema Inc is 106,517 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 63,700 KRW.
What is the quality score of 236200?
Suprema Inc has a Quality Score of 69/100. 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 Suprema Inc (236200)?
Suprema Inc reported trailing-twelve-month revenue of about 140B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 236200?
The net profit margin of Suprema Inc is about 24.6%, meaning it keeps roughly 24.6% of revenue as net income. Based on the latest reported figures.
Does Suprema Inc pay a dividend?
Suprema Inc currently shows a dividend yield of about 0.83% 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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