Air Busan Co (298690) Fair Value & Analysis
Industrials · KR · Market cap 193B KRW
Fair value as of: Jul 7, 2026
From 2 valuation models · updated today
Fair value updated Jul 7, 2026 — revised from 6,222 KRW to 1,459 KRW (−76.6%) since Jun 24, 2026. Share price −7.4% over the past month.
Price vs Fair Value (12 months)
12‑month range 1,498 KRW – 2,265 KRW · fair‑value band 1,090 KRW – 1,828 KRW · the 1,555 KRW price screens above the 1,459 KRW fair value. As of Jul 7, 2026.
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Air Busan Co (298690) currently trades at 1,555 KRW, while our model-based Fair Value estimate is 1,459 KRW — implying the stock looks roughly 6.2% overvalued today. We read business quality at 35/100 (below-average quality), in the Industrials 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).
Trailing-twelve-month revenue stands at 129B KRW. Revenue declined 65.7% year over year. Net debt stands at 24.3B KRW. Fundamentals as of Jul 7, 2026
Our scenario range runs from 1,090 KRW (bear case) to 1,828 KRW (bull case); at 1,555 KRW, the current price sits within that range. The share trades about 32% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 21% fair-value upside — at -6%, 298690 screens richer than that median.
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 7, 2026. TTM = trailing twelve months.
About the company
Air Busan Co., Ltd. provides passenger airline services. It provides domestic and international transportation services. The company also offers cargo transportation services; product brokerage; and sales of medical devices, and health functional food items. Air Busan Co., Ltd. was founded in 2007 and is headquartered in Busan, South Korea.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Air Busan Co reported revenue of 833B KRW in FY2025 versus 177B KRW in FY2021, a compound +47.4%/yr. Reported net income was −22.1B KRW in FY2025.
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Similar stocks
10 more Airlines stocks, each showing price versus our Fair Value estimate (as of Jul 7, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Ryanair Holdings R1YA34 | R$36.72 | R$31.20 | -15% |
| Delta Air Lines, Inc DAL | $79.51 | $73.33 | -8% |
| United Airlines Holdings UAL1 | €105.00 | €181.23 | +73% |
| International Consolidated Airlines Group ICAGY | $12.37 | $32.93 | +166% |
| Southwest Airlines Co LUV | $48.57 | $14.76 | -70% |
| InterGlobe Aviation Limited INDIGO | ₹5,021 | ₹3,704 | -26% |
| Singapore Airlines Limited SINGY | $11.37 | $13.81 | +21% |
| Air China Limited 601111 | ¥6.47 | ¥20.37 | +215% |
| LATAM Airlines Group LTM | $55.85 | $106.79 | +91% |
| China Southern Airlines Company 600029 | ¥5.28 | ¥3.65 | -31% |
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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.
Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.