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Studio Dragon Corporation (253450) Fair Value & Analysis

Communication Services · KR · Market cap 613B KRW

SD Studio Dragon Corporation 253450 · KQ
Price25,400 KRW
Fair Value7,553 KRW
Upside-70.3%
Quality46/100
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Weak Growth
Thin margins · 2.6% net margin
Low debt · negative free cash flow
Ranks above peers (6/8)
Narrow moat 29/100
Evidence: High Range 5,665 KRW – 9,441 KRW Share as image

Fair value as of: Jul 20, 2026

From 15 valuation models · updated 20 days ago

Share price +13.4% over the past month.

Below-average quality, and screening another 70% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (9,441 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

108,000 KRW 19,760 KRW Fair Value 7,553 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 19,760 KRW – 108,000 KRW · fair‑value band 5,665 KRW – 9,441 KRW · the 25,400 KRW price screens above the 7,553 KRW fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Studio Dragon Corporation (253450) currently trades at 25,400 KRW, while our model-based Fair Value estimate is 7,553 KRW, implying the stock looks roughly 70.3% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Communication Services 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: high).

Over the trailing twelve months, Studio Dragon Corporation generated revenue of 552B KRW at a net margin of 2.6%. Revenue grew 16.0% year over year. It earns a return on equity of 1.9%. Net debt stands at 11.6B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 5,665 KRW (bear case) to 9,441 KRW (bull case); at 25,400 KRW, the current price sits above 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 55% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -52% fair-value upside, at -70%, 253450 screens richer 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
ROIC Compounder 7,883 KRW 8,905 KRW 9,813 KRW 72
Growth-Adj P/E 4,604 KRW 6,577 KRW 8,550 KRW 68
P/E Multiple 5,665 KRW 7,553 KRW 9,441 KRW 63
All 15 models by family
DCF Models
Owner Earnings 58,961 KRW 91,789 KRW 143,881 KRW 31
Earnings-Based
Graham-Dodd 2,335 KRW 7,002 KRW 9,278 KRW 54
Lynch FV 1,485 KRW 2,122 KRW 2,758 KRW 50
PEG = 1.0 1,485 KRW 2,122 KRW 2,758 KRW 46
EPV 7,883 KRW 8,905 KRW 9,813 KRW 59
Multiples
P/E Multiple 5,665 KRW 7,553 KRW 9,441 KRW 63
P/S Multiple 4,377 KRW 5,836 KRW 7,296 KRW 58
P/B Multiple 4,377 KRW 5,836 KRW 7,296 KRW 55
EV/EBIT 14,215 KRW 18,255 KRW 22,295 KRW 53
EV/EBITDA 51,551 KRW 68,036 KRW 84,521 KRW 54
EV/Revenue 11,286 KRW 15,225 KRW 19,164 KRW 43
Asset-Based
NCAV (Graham) 13,312 KRW 17,837 KRW 26,623 KRW 50
Economic Profit
Residual Income 18,626 KRW 17,492 KRW 13,352 KRW 61
ROIC Compounder 7,883 KRW 8,905 KRW 9,813 KRW 72
Growth Earnings
Growth-Adj P/E 4,604 KRW 6,577 KRW 8,550 KRW 68

Widest divergence: DCF Models (91,789 KRW) versus Earnings-Based (2,122 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 552B KRW
Revenue growth (YoY) +16.0%
Net margin 2.6%
Return on equity 1.9%
Free cash flow −10.8B KRW FY2025
Operating margin 4.1%
More key figures
EPS growth (YoY) +177%
Net debt 11.6B KRW FY2023

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 44 · Market factors (momentum, volatility) 24

Profitability 21
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 82
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

Studio Dragon Corporation, a drama studio, produces and provides drama contents worldwide. The company was founded in 2016 and is headquartered in Seoul, South Korea. Studio Dragon Corporation is a subsidiary of CJ ENM Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Studio Dragon Corporation reported revenue of 531B KRW in FY2025 versus 487B KRW in FY2021, a compound +2.2%/yr. Reported net income was 10.3B KRW in FY2025, compounding −28.3%/yr from FY2021.

Growth Quality 19/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
531B KRW
Latest YoY
−3.5%
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.
−8.7%
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.
+0.2%
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.
+14.7%
Revenue +2.2%/yr
FY21 487B KRW
FY22 698B KRW
FY23 753B KRW
FY24 550B KRW
FY25 531B KRW
Net income −28.3%/yr
FY21 39.0B KRW
FY22 50.6B KRW
FY23 30.1B KRW
FY24 33.5B KRW
FY25 10.3B KRW

253450 screens 70% overvalued. Compare with Netflix, Inc →

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Cite: Fair Value Calculator (2026). "Studio Dragon Corporation Fair Value". https://www.fairvalue-calculator.com/stock/253450

Peer Group

Entertainment · 265 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 46 · Below median
Fair Value upside −70% · Bottom 25%
Return on equity (TTM) 2% · Above median
Return on assets 2% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 4% · Above median
Revenue growth 16% · Above 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.

VALUE 0 · sector 6
FUTURE 80 · sector 10
PAST 8 · sector 0
HEALTH 100 · sector 97
DIVIDEND 0 · sector 44

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.77 C$2.96 -56%
The Walt Disney Company DIS $96.30 $89.55 -7%
Warner Bros. Discovery, Inc WBD $26.87 $9.13 -66%
Live Nation Entertainment, Inc LYV $178.44 $46.89 -74%
Universal Music Group UMG €18.91 €14.78 -22%
TKO Group TKO $184.40 $22.16 -88%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 60.49 MXN +10%
Beijing Enlight Media Co 300251 ¥11.77 ¥10.97 -7%
PT MNC Digital Entertainment Tbk, MSIN 456.00 IDR 221.09 IDR -52%
Prime Focus Limited PFOCUS ₹298.25 ₹63.45 -79%

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Frequently asked questions

Is Studio Dragon Corporation (253450) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 7,553 KRW versus a price of 25,400 KRW, about −70% (overvalued).
What is the fair value of 253450?
Our model-based fair value for Studio Dragon Corporation is 7,553 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 25,400 KRW.
What is the quality score of 253450?
Studio Dragon Corporation 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 Studio Dragon Corporation (253450)?
Studio Dragon Corporation reported trailing-twelve-month revenue of about 552B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 253450?
The net profit margin of Studio Dragon Corporation is about 2.6%, meaning it keeps roughly 2.6% 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.

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