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Samsung Special Purpose Acquisition 2 Co. Ltd (291230) Fair Value & Analysis

Communication Services · KR · Market cap 26.8B KRW

SS Samsung Special Purpose Acquisition 2 Co. Ltd 291230 · KQ
Price2,275 KRW
Fair Value1,840 KRW
Upside-19.1%
Quality41/100
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Risks

!Trades 19% ABOVE our fair value of 1,840 KRW
!Mixed Growth
!Loss-making · -15.5% net margin
!Low debt · negative free cash flow
Mixed Growth
Loss-making · -15.5% net margin
Low debt · negative free cash flow
Trails peers (1/8)
Narrow moat 12/100
Evidence: Low Range 1,373 KRW – 2,746 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 7 days ago

Share price −26.6% over the past month.

Below-average quality, and screening another 19% overvalued on our models.

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What matters now

  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (1,373 KRW to 2,746 KRW) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

99,000 KRW 1,900 KRW Fair Value 1,840 KRW Dec 2020 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 1,900 KRW – 99,000 KRW · fair‑value band 1,373 KRW – 2,746 KRW · the 2,275 KRW price screens above the 1,840 KRW fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Samsung Special Purpose Acquisition 2 Co. Ltd (291230) currently trades at 2,275 KRW, while our model-based Fair Value estimate is 1,840 KRW, implying the stock looks roughly 19.1% overvalued today. The Quality Score stands at 41/100 (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: low).

Over the trailing twelve months, Samsung Special Purpose Acquisition 2 Co. Ltd generated revenue of 26.7B KRW at a net margin of -15.5%. Revenue declined 9.5% year over year. It earns a return on equity of -14.5%. Net debt stands at 9.7B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,373 KRW (bear case) to 2,746 KRW (bull case); at 2,275 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 near its 52-week high and 360% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -13% fair-value upside, at -19%, 291230 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
NCAV (Graham) 296.94 KRW 397.90 KRW 593.88 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 296.94 KRW 397.90 KRW 593.88 KRW 50

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Key figures & financial health

Revenue (TTM) 26.7B KRW
Revenue growth (YoY) -9.5%
Net margin -15.5%
Return on equity -14.5%
Free cash flow −2.4B KRW FY2025
Operating margin -41.5%
More key figures
EPS growth (YoY) +34.1%
Net debt 9.7B KRW FY2025

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 24

Profitability 27
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 71
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

NP Inc. engages in brand campaigns, sports events, national events, exhibitions, and conventions. It also produces brand experience content, as well as owns an XR (extended reality) studio. The company was founded in 2006 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

Samsung Special Purpose Acquisition 2 Co. Ltd reported revenue of 27.2B KRW in FY2025 versus 24.9B KRW in FY2021, a compound +2.3%/yr. Reported net income was −3.9B KRW in FY2025.

Growth Quality 3/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
27.2B KRW
Latest YoY
−7.9%
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.
−11.9%
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.
+3.8%
Revenue +2.3%/yr
FY21 24.9B KRW
FY22 39.8B KRW
FY23 35.3B KRW
FY24 29.6B KRW
FY25 27.2B KRW
Net income
FY21 −10.8B KRW
FY22 −596M KRW
FY23 −2.4B KRW
FY24 −175M KRW
FY25 −3.9B KRW

291230 screens 19% overvalued. Compare with AppLovin Corporation →

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Cite: Fair Value Calculator (2026). "Samsung Special Purpose Acquisition 2 Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/291230

Peer Group

Advertising Agencies · 205 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 40 · Bottom 25%
Fair Value upside −84% · Bottom 25%
Return on assets -4% · Bottom 25%
Net margin (TTM) -16% · Bottom 25%
Operating margin (TTM) -42% · Bottom 25%
Revenue growth -10% · Below 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 19
FUTURE0 · sector 6
PAST0 · sector 3
HEALTH100 · sector 99
DIVIDEND0 · sector 56

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 Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $303.76 $252.45 -17%
Publicis Groupe S.A PUB €99.98 €146.36 +46%
Omnicom Group OMC $85.51 $99.84 +17%
Focus Media Information Technology Co 002027 ¥5.29 ¥5.71 +8%
The Trade Desk, Inc TTD $13.49 $29.07 +115%
JCDecaux SE DEC €24.00 €20.99 -13%
Easy Click Worldwide Network Technology Co 301171 ¥37.40 ¥5.62 -85%
Affle (India) Limited AFFLE ₹1,711 ₹591.41 -65%
Mobvista Inc 1860 HK$11.04 HK$6.43 -42%
Guangdong Advertising Group 002400 ¥6.48 ¥1.14 -82%

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Frequently asked questions

Is Samsung Special Purpose Acquisition 2 Co. Ltd (291230) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1,840 KRW versus a price of 2,275 KRW, about −19% (overvalued).
What is the fair value of 291230?
Our model-based fair value for Samsung Special Purpose Acquisition 2 Co. Ltd is 1,840 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 2,275 KRW.
What is the quality score of 291230?
Samsung Special Purpose Acquisition 2 Co. Ltd has a Quality Score of 41/100. 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 Samsung Special Purpose Acquisition 2 Co. Ltd (291230)?
Samsung Special Purpose Acquisition 2 Co. Ltd reported trailing-twelve-month revenue of about 26.7B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 291230?
The net profit margin of Samsung Special Purpose Acquisition 2 Co. Ltd is about -15.5%, meaning it is currently running at a net loss. 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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