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Lindeman Asia Investment Co (277070) Fair Value & Analysis

Financials · KR · Market cap 36.9B KRW

LA Lindeman Asia Investment Co 277070 · KQ
Price2,995 KRW
Fair Value2,878 KRW
Upside-3.9%
Quality70/100
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Mixed Growth
Highly profitable · 28.5% net margin
Low debt · generates free cash flow
1.64% dividend yield
Ranks above peers (7/7)
Wide moat 75/100
Evidence: High Range 2,159 KRW – 3,598 KRW Share as image

Fair value as of: Jul 22, 2026

From 4 valuation models · updated 19 days ago

Share price −2.0% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

9,669 KRW 2,865 KRW Fair Value 2,878 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 2,865 KRW – 9,669 KRW · fair‑value band 2,159 KRW – 3,598 KRW · the 2,995 KRW price screens above the 2,878 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Lindeman Asia Investment Co (277070) currently trades at 2,995 KRW, while our model-based Fair Value estimate is 2,878 KRW, implying the stock looks roughly 3.9% fairly valued today. The Quality Score stands at 70/100 (solid quality), in the Financials 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, Lindeman Asia Investment Co generated revenue of 12.1B KRW at a net margin of 28.5%. Revenue grew 5.2% year over year. Fundamentals as of Jul 22, 2026

Our scenario range runs from 2,159 KRW (bear case) to 3,598 KRW (bull case); at 2,995 KRW, the current price sits within 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 50% below its 52-week high, currently below its 200-day average. For context, the median of 10 Financials peers we cover trades at 20% fair-value upside, at -4%, 277070 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
Residual Income 3,416 KRW 3,451 KRW 3,295 KRW 76
P/E Multiple 2,159 KRW 2,878 KRW 3,598 KRW 63
P/B Multiple 2,823 KRW 3,764 KRW 4,705 KRW 55
All 4 models by family
Multiples
P/E Multiple 2,159 KRW 2,878 KRW 3,598 KRW 63
P/B Multiple 2,823 KRW 3,764 KRW 4,705 KRW 55
Asset-Based
NCAV (Graham) 2,230 KRW 2,988 KRW 4,460 KRW 50
Economic Profit
Residual Income 3,416 KRW 3,451 KRW 3,295 KRW 76

Widest divergence: Economic Profit (3,451 KRW) versus Multiples (2,878 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 12.1B KRW
Revenue growth (YoY) +5.2%
Net margin 28.5%
Return on equity 620%
Free cash flow 1.3B KRW FY2025
Operating margin 85.3%
More key figures
Dividend yield 1.6%
EPS growth (YoY) +39.8%

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 62 · Market factors (momentum, volatility) 14

Profitability 38
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 90
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

Lindeman Asia Investment Co., Ltd. is a venture capital and private equity firm specializing in small and medium sized venture companies, equity, mezzanine, 1st, 2nd and 3rd round investments.

Full company description

Lindeman Asia Investment Co., Ltd. is a venture capital and private equity firm specializing in small and medium sized venture companies, equity, mezzanine, 1st, 2nd and 3rd round investments. The firm primarily makes investments in pre-IPO, middle market companies and emerging growth, operating in the bio and healthcare, chemistry and material, game and contents, ICT manufacturing, ICT service, machinery and equipment sectors. The firm typically invests in South Korea, Hong Kong, the Greater China, and the United States. The firm seeks to exit through cross-border merger and acquisition, initial public offerings, buyback and sale to third party. It also offers consulting services to its portfolio companies. Lindeman Asia Investment Co., Ltd. was founded in 2006 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lindeman Asia Investment Co reported revenue of 6.5B KRW in FY2025 versus 16.2B KRW in FY2021, a compound −20.5%/yr. Reported net income was 3.0B KRW in FY2025, compounding −13.3%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
6.5B KRW
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.
−17.5%
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.
+1.3%
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.
+7.2%
Revenue −20.5%/yr
FY21 16.2B KRW
FY22 9.7B KRW
FY23 9.7B KRW
FY24 9.1B KRW
FY25 6.5B KRW
Net income −13.3%/yr
FY21 5.3B KRW
FY22 3.5B KRW
FY23 3.7B KRW
FY24 3.4B KRW
FY25 3.0B KRW

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Cite: Fair Value Calculator (2026). "Lindeman Asia Investment Co Fair Value". https://www.fairvalue-calculator.com/stock/277070

Peer Group

Investment Banking & Investment Services · 17 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 68 · Top 25%
Fair Value upside −4% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 28% · Top 25%
Operating margin (TTM) 85% · Top 25%
Revenue growth 5% · Top 25%

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 28 · sector 21
FUTURE 26 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 100
DIVIDEND 33 · sector 0

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 Investment Banking & Investment Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Affiliated Managers Group MGR $20.15 $36.48 +81%
Hercules Capital, Inc HCXY $25.16 $50.32 +100%
Edelweiss Financial Services Limited 532922 ₹115.40 ₹124.39 +8%
Mirae Asset Venture Investment Co 100790 14,110 KRW 7,569 KRW -46%
Aju IB Investment Co 027360 3,220 KRW 910.91 KRW -72%
EBEST Investment & Securities Co 078020 6,240 KRW 5,844 KRW -6%
PSE PSE 205.00 PHP 246.27 PHP +20%
IKAB IKAB ₹1,190 ₹203.09 -83%
SERA SERA ₹40.61 ₹81.22 +100%
ABA ABA 0.3150 PHP 0.6300 PHP +100%

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Frequently asked questions

Is Lindeman Asia Investment Co (277070) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 2,878 KRW versus a price of 2,995 KRW, about −4% (fairly valued).
What is the fair value of 277070?
Our model-based fair value for Lindeman Asia Investment Co is 2,878 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 2,995 KRW.
What is the quality score of 277070?
Lindeman Asia Investment Co has a Quality Score of 70/100. 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 Lindeman Asia Investment Co (277070)?
Lindeman Asia Investment Co reported trailing-twelve-month revenue of about 12.1B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 277070?
The net profit margin of Lindeman Asia Investment Co is about 28.5%, meaning it keeps roughly 28.5% of revenue as net income. Based on the latest reported figures.
Does Lindeman Asia Investment Co pay a dividend?
Lindeman Asia Investment Co currently shows a dividend yield of about 1.64% relative to its recent price (as of Jul 22, 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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