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NBT Inc (236810) Fair Value & Analysis

Technology · KR · Market cap 21.3B KRW

NI NBT Inc 236810 · KQ
Price1,089 KRW
Fair Value664.22 KRW
Upside-39.0%
Quality44/100
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Evidence: Low Range 438.39 KRW – 830.28 KRW

Fair value as of: Jul 7, 2026

From 1 valuation models · updated today

Fair value updated Jul 7, 2026 — revised from 4,513 KRW to 664.22 KRW (−85.3%) since Jun 24, 2026. Share price −22.2% over the past month.

Price vs Fair Value (12 months)

4,225 KRW 966.00 KRW Fair Value 664.22 KRW Jun 2025 Jul 2026

12‑month range 966.00 KRW – 4,225 KRW · fair‑value band 438.39 KRW – 830.28 KRW · the 1,089 KRW price screens above the 664.22 KRW fair value. As of Jul 7, 2026.

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Analysis

NBT Inc (236810) currently trades at 1,089 KRW, while our model-based Fair Value estimate is 664.22 KRW — implying the stock looks roughly 39.0% overvalued today. We read business quality at 44/100 (below-average quality), in the Technology 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, NBT Inc generated revenue of 92.3B KRW at a net margin of -4.1%. Revenue grew 0.1% year over year. It earns a return on equity of -17.8%. Net debt stands at 18.4B KRW. Fundamentals as of Jul 7, 2026

Our scenario range runs from 438.39 KRW (bear case) to 830.28 KRW (bull case); at 1,089 KRW, the current price sits above that range. The share trades about 78% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -29% fair-value upside — at -39%, 236810 screens richer than that median.

Key figures & financial health

Revenue (TTM) 92.3B KRW
Revenue growth (YoY) +0.1%
Net margin -4.1%
Return on equity -17.8%
Free cash flow −10.6B KRW FY2025
Operating margin -7.1%
More key figures
Net debt 18.4B KRW FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 7, 2026. TTM = trailing twelve months.

About the company

NBT Inc. provides mobile advertising services using smartphone applications in South Korea. It develops Cash Slide, a mobile lock screen service application; Cash Slide Step Up, a pedometer-type reward service that allows to check current step count on the lock screen and earn points; Cashfeed, a revenue-generating content service that allows to make money just by writing or viewing content; Shopping Points, a shopping mall service offering shopping and playing games; and Chips, an app tech service to experience various reward benefits, as well as Addison Offerwall, an offerwall network platform. NBT Inc. was founded in 2012 and is headquartered in Seoul, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NBT Inc reported revenue of 92.3B KRW in FY2025 versus 82.4B KRW in FY2021, a compound +2.9%/yr. Reported net income was −4.5B KRW in FY2025.

Revenue +2.9%/yr
FY21 82.4B KRW
FY22 108B KRW
FY23 107B KRW
FY24 105B KRW
FY25 92.3B KRW
Net income
FY21 1.7B KRW
FY22 −469M KRW
FY23 −3.0B KRW
FY24 −6.6B KRW
FY25 −4.5B KRW

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Cite: Fair Value Calculator (2026). "NBT Inc Fair Value". https://www.fairvalue-calculator.com/stock/236810

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Frequently asked questions

Is NBT Inc (236810) undervalued?
As of Jul 7, 2026, our model estimates a fair value of 664.22 KRW versus a price of 1,089 KRW — about −39% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 236810?
Our model-based fair value for NBT Inc is 664.22 KRW (as of Jul 7, 2026), built from audited fundamentals. The current price is 1,089 KRW.
What is the quality score of 236810?
NBT Inc has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NBT Inc (236810)?
NBT Inc reported trailing-twelve-month revenue of about 92.3B KRW (latest available figure, as of Jul 7, 2026).
What is the net profit margin of 236810?
The net profit margin of NBT Inc is about -4.1%, 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.