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CTK Co. Ltd (260930) Fair Value & Analysis

Industrials · KR · Market cap 49.5B KRW

CC CTK Co. Ltd 260930 · KQ
Price2,550 KRW
Fair Value5,150 KRW
Upside+102.0%
Quality34/100
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Strengths

Trades 102% below our fair value of 5,150 KRW

Risks

!Weak Growth
!Loss-making · -12.0% net margin
!Low debt · negative free cash flow
!Trails peers (3/10)
Weak Growth
Loss-making · -12.0% net margin
Low debt · negative free cash flow
4.02% dividend yield
Trails peers (3/10)
Narrow moat 9/100
Evidence: Low Range 3,843 KRW – 7,686 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 7 days ago

Fair value updated Aug 13, 2026, revised from 5,260 KRW to 5,150 KRW (−2.1%) since Jul 21, 2026. Share price −5.6% over the past month.

Below-average quality, screening 102% undervalued on our models.

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What matters now

  • The large discount to fair value meets weak quality (34/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (3,843 KRW). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (3,843 KRW to 7,686 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

13,018 KRW 2,340 KRW Fair Value 5,150 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 2,340 KRW – 13,018 KRW · fair‑value band 3,843 KRW – 7,686 KRW · the 2,550 KRW price screens below the 5,150 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

CTK Co. Ltd (260930) currently trades at 2,550 KRW, while our model-based Fair Value estimate is 5,150 KRW, implying the stock looks roughly 102.0% undervalued today. The Quality Score stands at 34/100 (below-average 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: low), always confirm before acting.

Over the trailing twelve months, CTK Co. Ltd generated revenue of 94.0B KRW at a net margin of -12.0%. Revenue grew 24.4% year over year. It earns a return on equity of -7.8%. Net debt stands at 34.2B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 3,843 KRW (bear case) to 7,686 KRW (bull case); at 2,550 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 68% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -22% fair-value upside, at 102%, 260930 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
NCAV (Graham) 3,926 KRW 5,260 KRW 7,851 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 3,926 KRW 5,260 KRW 7,851 KRW 50

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Key figures & financial health

Revenue (TTM) 94.0B KRW
Revenue growth (YoY) +24.4%
Net margin -12.0%
Return on equity -7.8%
Free cash flow −34.3B KRW FY2025
Operating margin -7.1%
More key figures
Dividend yield 4.0%
EPS growth (YoY) +216%
Net debt 34.2B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 36 · Market factors (momentum, volatility) 23

Profitability 11
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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

CTK Co., Ltd manufactures and sells cosmetics and cosmetic containers in the United States, the United Kingdom, and the European Union. It operates CTKCLIP, a cosmetics platform that offers beauty-related services. The company was formerly known as CTK Cosmetics Co., Ltd and changed its name to CTK Co., Ltd in July 2021.

Full company description

CTK Co., Ltd manufactures and sells cosmetics and cosmetic containers in the United States, the United Kingdom, and the European Union. It operates CTKCLIP, a cosmetics platform that offers beauty-related services. The company was formerly known as CTK Cosmetics Co., Ltd and changed its name to CTK Co., Ltd in July 2021. CTK Co., Ltd was founded in 1979 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CTK Co. Ltd reported revenue of 89.2B KRW in FY2025 versus 114B KRW in FY2021, a compound −5.9%/yr. Reported net income was −7.0B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
89.2B KRW
Latest YoY
+6.7%
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.
+8.8%
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.
−6.4%
Avg. growth/yr (10Y) 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.
+3.9%
Revenue −5.9%/yr
FY21 114B KRW
FY22 69.4B KRW
FY23 88.9B KRW
FY24 83.6B KRW
FY25 89.2B KRW
Net income
FY21 −895M KRW
FY22 −17.7B KRW
FY23 6.9B KRW
FY24 −3.3B KRW
FY25 −7.0B KRW

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Cite: Fair Value Calculator (2026). "CTK Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/260930

Peer Group

Specialty Business Services · 253 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 36 · Bottom 25%
Fair Value upside +102% · Top 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -12% · Bottom 25%
Operating margin (TTM) -7% · Bottom 25%
Revenue growth 24% · Top 25%
Dividend yield (TTM) 4.3% · Above median
Debt / equity 0.21× · Higher than median

Valuation Multiples vs Specialty Business Services median · lower = cheaper

EV/EBITDA 37.2× · Pricier 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 26
FUTURE100 · sector 27
PAST0 · sector 34
HEALTH89 · sector 92
DIVIDEND86 · sector 47

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

Similar stocks

10 more Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Cintas Corporation CTAS $199.52 $95.19 -52%
RELX PLC RELX $34.55 $32.24 -7%
Thomson Reuters Corporation TRI C$142.85 C$70.40 -51%
Copart, Inc CPRT $28.99 $28.59 -1%
Global Payments Inc GPN $88.53 $68.98 -22%
RB Global, Inc RBA C$120.52 C$49.14 -59%
Brambles Limited BXB A$19.47 A$17.27 -11%
UL Solutions Inc ULS $76.68 $33.62 -56%
ISS A/S ISS kr 288.20 kr 251.13 -13%
Xiamen C&D Inc 600153 ¥8.94 ¥6.84 -23%

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Frequently asked questions

Is CTK Co. Ltd (260930) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 5,150 KRW versus a price of 2,550 KRW, about +102% (undervalued).
What is the fair value of 260930?
Our model-based fair value for CTK Co. Ltd is 5,150 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 2,550 KRW.
What is the quality score of 260930?
CTK Co. Ltd has a Quality Score of 34/100. 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 CTK Co. Ltd (260930)?
CTK Co. Ltd reported trailing-twelve-month revenue of about 94.0B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 260930?
The net profit margin of CTK Co. Ltd is about -12.0%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does CTK Co. Ltd pay a dividend?
CTK Co. Ltd currently shows a dividend yield of about 3.94% relative to its recent price (as of Aug 13, 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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