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Neofect Co.Ltd (290660) Fair Value & Analysis

Healthcare · KR · Market cap 69.8B KRW (≈ $48.8M) · ISIN KR7290660000

What is Neofect Co.Ltd really worth?

NC Neofect Co.Ltd 290660 · KQ
Price1,771 KRW
Fair Value305.46 KRW
Upside−82.8%
Quality15/100

Below-average quality, and trading another 480% above our fair value of 305.46 KRW.

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Risks

!Weak Growth (revenue 5y −2.9 %/yr)
!Loss-making · -102.6% net margin
!Low debt · negative free cash flow
!Trails peers (1/8)
!Narrow moat 12/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 201.60 KRW – 381.82 KRW

Fair value as of: Aug 24, 2026

From 1 valuation models · updated 9 days ago

Share price +3.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (381.82 KRW). The favourable scenario is already priced in.
  • Weak quality (15/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • 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 (201.60 KRW to 381.82 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

9,080 KRW 1,273 KRW Fair Value 305.46 KRW Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range 1,273 KRW – 9,080 KRW · fair‑value band 201.60 KRW – 381.82 KRW · the 1,771 KRW price screens above the 305.46 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 24, 2026.

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Analysis

Neofect Co.Ltd (290660) currently trades at 1,771 KRW, while our model-based Fair Value estimate is 305.46 KRW, implying the stock looks roughly 479.7% overvalued today. The Quality Score stands at 15/100 (below-average quality), in the Healthcare sector. How firm this estimate is: it rests on 1 models at a data quality of 94/100, which puts the evidence level at low.

Trailing-twelve-month revenue stands at 15.5B KRW. Revenue declined 16.0% year over year. It earns a return on equity of −31.9%. Net debt stands at 3.2B KRW. Fundamentals as of Aug 24, 2026

Our scenario range runs from 201.60 KRW (bear case) to 381.82 KRW (bull case); at 1,771 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 8% below its 52-week high and 177% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −34% fair-value upside, at −83%, 290660 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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) best evidence 622.46 KRW 834.10 KRW 1,245 KRW 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence 622.46 KRW 834.10 KRW 1,245 KRW 54

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Key figures & financial health

P/S ratio 3.07 TTM
Net margin −76.6% FY2025
Return on equity −31.9% TTM
Return on assets (EBIT) −8.2% avg 5y
Operating margin −98.2% TTM
Revenue (TTM) 15.5B KRW TTM
More key figures
Growth
Revenue growth (YoY) −16.0% 3y avg −15.1%
EPS growth (YoY) +877%
Balance sheet & cash flow
Free cash flow −2.4B KRW FY2025
Net debt 3.2B KRW FY2023

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 15/100

Of which business quality 21 · Market factors (momentum, volatility) 22

Profitability 5
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 19
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 0
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Dynamic solution Co.,Ltd. researches, develops, manufactures, and sells rehabilitation medical devices and contents for stroke and spinal cord injuries.

Full company description

Dynamic solution Co.,Ltd. researches, develops, manufactures, and sells rehabilitation medical devices and contents for stroke and spinal cord injuries. The company offers Neofect Smart Glove, a high-tech rehab device that measures movements of the forearm, wrist, and digits with accelerometer and bending sensors; Neofect Smart Kids for hand rehabilitation in children; Neofect Smart Board, a high-tech medical device that develops users' shoulder and upper arm movements to promote improved functional reach and muscle control; Neofect Smart Balance to practice balance and posture during real-world training scenarios; and Neofect Smart Pegboard, a digital pegboard for functional and cognitive rehabilitation. It also provides Neofect Smart Table for dementia prevention and rehabilitation program; Neomano, a wearable robotic glove; Neofect Comcog, a cognitive rehabilitation program that helps patients with stroke, dementia, traumatic brain injury, brain tumor, and cerebral palsy; and Neofect TeleRehab, a teletherapy platform designed for remote rehabilitation, as well as a range of orthotic and assistive devices. The company was formerly known as Neofect Co., Ltd. and changed its name to Dynamic solution Co.,Ltd. in April 2026. The company was incorporated in 2010 and is headquartered in Seongnam-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Neofect Co.Ltd reported revenue of 16.1B KRW in FY2025 versus 23.2B KRW in FY2021, a compound −8.8%/yr. Reported net income was −12.3B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
16.1B KRW
Latest YoY
−24.0%
Avg. revenue 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.
−15.1%
Avg. revenue 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.
−2.9%
Avg. revenue 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.
+26.2%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −8.8%/yr
FY21 23.2B KRW
FY22 26.2B KRW
FY23 26.6B KRW
FY24 21.1B KRW
FY25 16.1B KRW
Net income
FY21 −5.0B KRW
FY22 −9.6B KRW
FY23 −5.0B KRW
FY24 −951M KRW
FY25 −12.3B KRW

290660 screens 480% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "Neofect Co.Ltd Fair Value". https://www.fairvalue-calculator.com/stock/290660

Peer Group

Medical Devices · 364 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 21 · Bottom 25%
Fair Value upside −83% · Bottom 25%
Return on assets −4% · Below median
Net margin (TTM) −103% · Bottom 25%
Operating margin (TTM) −98% · Bottom 25%
Revenue growth −16% · Bottom 25%
Debt / equity 0.00× · Lower than median

Strength profile in five axes (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
VALUE0 · sector 0
FUTURE0 · sector 33
PAST0 · sector 2
HEALTH100 · sector 97
DIVIDEND0 · sector 34

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

Similar stocks

10 more Medical Devices stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $112.47 $74.79 −34%
Stryker Corporation SYK $322.12 $186.28 −42%
Medtronic plc MDT $89.97 $65.57 −27%
Boston Scientific Corporation BSX $46.84 $30.73 −34%
Edwards Lifesciences Corporation EW $90.78 $41.02 −55%
Siemens Healthineers AG SHL €39.52 €33.87 −14%
DexCom, Inc DXCM $90.82 $38.95 −57%
GE HealthCare Technologies Inc GEHC $74.82 $64.13 −14%
Koninklijke Philips N.V PHIA €23.69 €14.36 −39%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥150.63 ¥147.63 −2%

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Frequently asked questions

Is Neofect Co.Ltd (290660) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of 305.46 KRW versus a price of 1,771 KRW, about −83% upside (overvalued).
What is the fair value of 290660?
Our model-based fair value for Neofect Co.Ltd is 305.46 KRW (as of Aug 24, 2026), built from audited fundamentals. The current price: 1,771 KRW.
What is the quality score of 290660?
Neofect Co.Ltd has a Quality Score of 15/100. 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 Neofect Co.Ltd (290660)?
Neofect Co.Ltd reported trailing-twelve-month revenue of about 15.5B KRW (latest available figure, as of Aug 24, 2026).
What is the net profit margin of 290660?
The net profit margin of Neofect Co.Ltd is about −102.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
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