Wonik Ips Co. Ltd (240810) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Wonik Ips Co. Ltd KRW 74,421, price KRW 133,700, upside -44.3%, quality 78 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Wonik Ips Co. Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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 Sep 24, 2026.
How to read this chart
60‑month range 20,888 KRW – 183,300 KRW · fair‑value band 54,555 KRW – 96,747 KRW · the 133,700 KRW price screens above the 74,421 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Wonik Ips Co. in your weekly email
Every Wednesday you see whether Wonik Ips 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.
Wonik IPS Co., Ltd. researches and develops, manufactures, sells, and installs semiconductor, display, and solar cell systems in South Korea.
Show more
Wonik IPS Co., Ltd. researches and develops, manufactures, sells, and installs semiconductor, display, and solar cell systems in South Korea. The company offers semiconductor systems, including WIDAS for enhancing process capacity; NOA ALD and CVD systems; GEMINI HQ system to produce dielectric films; GEMINI ALD systems for multi-patterning applications; HyEtaTM Spatial ALD systems for conformal films and seamless gap-fills; and Quanta systems for 3D NAND device fabrication. It also provides display systems, such as oxide thin-film transistor equipment, polyimide curing equipment, and low temperature polycrystalline silicon equipment; PECVD, which is used to prevent moisture penetration of flexible OLED devices; and display dry etcher, a core processing equipment to form a desired pattern on substrate in manufacturing QD-OLED, AMOLED, and large-size LCD panels, as well as for OLED and LCD panel production in high-resolution AM-OLED/LTPS market. Wonik IPS Co., Ltd. was founded in 1991 and is headquartered in Pyeongtaek-Si, South Korea..
Stock analysis
Wonik Ips Co. Ltd (240810) currently trades at 133,700 KRW, while our model-based Fair Value estimate is 74,421 KRW, implying the stock looks roughly 79.7% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 50,787 KRW per share, and 0 of the 26 models we run sit above the 133,700 KRW price.
Bear case: the Economic Profit group reads lowest at 11,870 KRW, and 26 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: 54,555 KRW (bear) to 96,747 KRW (bull), the price of 133,700 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 78/100 (high quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Wonik Ips Co. Ltd reported revenue of 910B KRW in FY2025 versus 1.2T KRW in FY2021, a compound −7.3%/yr. Reported net income was 84.0B KRW in FY2025, compounding −12.8%/yr from FY2021.
Key figures
Market cap 6.5T KRW (≈ $4.6B) · P/S ratio 7.20 · Dividend yield 0.1% · Net margin 9.2% · Return on equity 11.9% · Return on assets (EBIT) 5.3% · Operating margin 6.5% · Revenue (TTM) 950B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 203% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −34% fair-value upside, at −44%, 240810 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (756.19 KRW to 58,835 KRW). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear 54,555 KRWFair Value 74,421 KRWBull 96,747 KRW
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.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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+21.6%
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.
−3.5%
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.
−3.6%
Start year 2020 (pandemic). Over 10 years: +3.5% a year
Revenue growth 19 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.
+11.3%
’13
’14
’15
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−8.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−8.6%
Dividend (yield on the price)0.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−3% vs 12%, slowing
Profit margin 2020 to 2025 ⓘ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.13% → 8%
2025 sits 51% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+31.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+21.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +28.8% a year for the price and +19.0% for the forecasts.
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 · 217 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 Wonik Ips Co. Ltd (240810) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 74,421 KRW versus a price of 133,700 KRW, about −44% upside (overvalued).
What is the fair value of 240810?
Our model-based fair value for Wonik Ips Co. Ltd is 74,421 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 133,700 KRW.
What is the quality score of 240810?
Wonik Ips Co. Ltd has a Quality Score of 78/100. 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 Wonik Ips Co. Ltd (240810)?
Our model-based price target is the fair value of 74,421 KRW (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 54,555 KRW, optimistic scenario 96,747 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Wonik Ips Co. Ltd stock forecast for 2026?
Our models put fair value at 74,421 KRW, about −44% upside versus a price of 133,700 KRW (overvalued). Cautious scenario 54,555 KRW, optimistic scenario 96,747 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Wonik Ips Co. Ltd (240810)?
Wonik Ips Co. Ltd reported trailing-twelve-month revenue of about 950B KRW (latest available figure, as of Sep 24, 2026).
Does Wonik Ips Co. Ltd pay a dividend?
Wonik Ips Co. Ltd currently shows a dividend yield of about 0.15% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Wonik Ips Co. Ltd (240810)?
For today's price to be fair in a discounted-cash-flow model, Wonik Ips Co. Ltd would have to grow free cash flow by +31.5 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -3.6 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 240810 use?
Our models discount Wonik Ips Co. Ltd at 11.1 %: a base by market capitalisation (mid), damped by beta 1.39, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Wonik Ips Co. Ltd that is +31.5 % per year a year over ten years, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has Wonik Ips Co. Ltd (240810) delivered so far?
Over the past 5 years revenue at Wonik Ips Co. Ltd grew -3.6 % a year. The price currently implies +31.5 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Wonik Ips Co. Ltd (240810) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into Wonik Ips Co. Ltd (+31.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Wonik Ips Co. Ltd (240810)?
The free-cash-flow yield on the price is 1.92 %: that much free cash flow Wonik Ips Co. Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Wonik Ips Co. Ltd (240810)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Wonik Ips Co. Ltd it is 74,421 KRW per share (as of Sep 24, 2026), against a price of 133,700 KRW. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Wonik Ips Co. Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 240810 trades above its calculated fair value: price 133,700 KRW, fair value 74,421 KRW, a gap of about −44% (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 240810?
No. The price is what the market pays today (133,700 KRW); the fair value is what the company's own numbers justify (74,421 KRW). For Wonik Ips Co. Ltd the two are 59,279 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Wonik Ips Co. Ltd worth?
The market values Wonik Ips Co. Ltd at about 6.5T KRW (market capitalisation, as of Sep 24, 2026). Per share that is 133,700 KRW; our models calculate a fair value of 74,421 KRW per share.
What do the bullish and bearish scenarios say about 240810?
Our models span a range for Wonik Ips Co. Ltd: cautious scenario 54,555 KRW, base 74,421 KRW, optimistic 96,747 KRW per share (as of Sep 24, 2026, price 133,700 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Wonik Ips Co. Ltd (240810)?
Balance-sheet figures for Wonik Ips Co. Ltd (as of Sep 24, 2026): return on equity 11.9%. They feed the Quality Score of 78/100, which measures business quality independently of the share price.
How far is 240810 from its 52-week high?
Wonik Ips Co. Ltd trades at 133,700 KRW, about 27% below its 52-week high of 183,300 KRW and 203% above the low of 44,170 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 74,421 KRW is for.
Which stocks are comparable to Wonik Ips Co. Ltd?
From the same area (Technology) we also value ASML Holding, Applied Materials, Inc, Lam Research Corporation, 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 Wonik Ips Co. Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 133,700 KRW, calculated fair value 74,421 KRW (−44%), Quality Score 78/100, from 26 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 240810 calculated?
We run Wonik Ips Co. Ltd through 26 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 74,421 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 14.1 % above its aggregate fair value. Wonik Ips 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 Wonik Ips Co. Ltd (240810)?
The closing price on Sep 23, 2026 was 133,700 KRW. Our model-based fair value is 74,421 KRW, about −44% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Wonik Ips Co. Ltd right now?
A high-quality business (quality 78/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (96,747 KRW). The favourable scenario is already priced in.
Key figures of Wonik Ips Co. Ltd
How large is the market capitalisation of Wonik Ips Co. Ltd (240810)?
The market capitalisation of Wonik Ips Co. Ltd is 6.5T KRW (≈ $4.6B). 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 Wonik Ips Co. Ltd (240810)?
The price-to-sales ratio of Wonik Ips Co. Ltd is 7.20 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Wonik Ips Co. Ltd (240810)?
The dividend yield of Wonik Ips Co. Ltd is 0.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Wonik Ips Co. Ltd (240810)?
The net margin of Wonik Ips Co. Ltd is 9.2% (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 Wonik Ips Co. Ltd (240810)?
The return on equity (ROE) of Wonik Ips Co. Ltd is 11.9% (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 Wonik Ips Co. Ltd (240810)?
On an EBIT basis the return on assets of Wonik Ips Co. Ltd is 5.3% (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 Wonik Ips Co. Ltd (240810)?
The operating margin of Wonik Ips Co. Ltd is 6.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Wonik Ips Co. Ltd (240810)?
Revenue at Wonik Ips Co. Ltd is growing +32.8% versus a year earlier (3y avg −3.5%). 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 Wonik Ips Co. Ltd (240810)?
Earnings per share at Wonik Ips Co. Ltd are growing +19.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Wonik Ips Co. Ltd (240810) carry?
The net debt of Wonik Ips Co. Ltd is 1.5B KRW (fiscal year 2019, ≈ 0.0 yrs of FCF). 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 Wonik Ips Co. Ltd in the live analysis
One click puts Wonik Ips 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.
