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PSK Inc (319660) Fair Value & Analysis

Technology · KR · Market cap 5.4T KRW

PI PSK Inc 319660 · KQ
Price118,400 KRW
Fair Value33,490 KRW
Upside-71.7%
Quality66/100
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Mixed Growth
Solidly profitable · 19.5% net margin
Low debt · generates free cash flow
0.37% dividend yield
Ranks above peers (8/10)
Wide moat 76/100
Evidence: High Range 23,138 KRW – 47,986 KRW Share as image

Fair value as of: Jul 15, 2026

From 26 valuation models · updated 26 days ago

Share price −21.8% over the past month.

A solid business, but screening 72% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (47,986 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (23,138 KRW to 47,986 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

211,500 KRW 13,289 KRW Fair Value 33,490 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 13,289 KRW – 211,500 KRW · fair‑value band 23,138 KRW – 47,986 KRW · the 118,400 KRW price screens above the 33,490 KRW fair value. Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

PSK Inc (319660) currently trades at 118,400 KRW, while our model-based Fair Value estimate is 33,490 KRW, implying the stock looks roughly 71.7% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Technology 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, PSK Inc generated revenue of 512B KRW at a net margin of 19.5%. Revenue grew 53.6% year over year. It earns a return on equity of 19.0%. Fundamentals as of Jul 15, 2026

Our scenario range runs from 23,138 KRW (bear case) to 47,986 KRW (bull case); at 118,400 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 11% below its 52-week high, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at -72%, 319660 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 BearBaseBull Evidence
Highest evidence
Growth DCF 24,107 KRW 40,768 KRW 71,003 KRW 80
Residual Income 18,846 KRW 25,447 KRW 81,821 KRW 76
Rev-Margin DCF 19,154 KRW 29,964 KRW 44,029 KRW 74
All 26 models by family
DCF Models
FCF DCF 24,222 KRW 42,155 KRW 75,064 KRW 38
Owner Earnings 36,799 KRW 65,746 KRW 118,868 KRW 31
5Y Revenue Exit 19,154 KRW 30,177 KRW 45,064 KRW 39
5Y EBITDA Exit 19,831 KRW 31,581 KRW 46,234 KRW 41
5Y P/E Exit 28,341 KRW 49,227 KRW 73,332 KRW 38
10Y Revenue Exit 20,168 KRW 31,395 KRW 48,494 KRW 36
10Y EBITDA Exit 21,106 KRW 32,451 KRW 49,502 KRW 37
10Y P/E Exit 26,891 KRW 45,724 KRW 72,844 KRW 35
Earnings-Based
Graham-Dodd 18,439 KRW 87,176 KRW 119,888 KRW 54
Lynch FV 23,138 KRW 33,054 KRW 42,970 KRW 50
PEG = 1.0 23,138 KRW 33,054 KRW 42,970 KRW 46
EPV 26,500 KRW 30,515 KRW 34,085 KRW 59
Dividend Discount
Gordon GGM 3,848 KRW 8,400 KRW 14,133 KRW 70
DDM Multi-Stage 3,848 KRW 6,881 KRW 8,754 KRW 61
Multiples
P/E Multiple 28,472 KRW 37,962 KRW 47,453 KRW 63
P/S Multiple 14,206 KRW 18,941 KRW 23,676 KRW 58
P/B Multiple 25,118 KRW 33,490 KRW 41,863 KRW 55
EV/EBIT 26,656 KRW 34,294 KRW 41,932 KRW 53
EV/EBITDA 19,001 KRW 24,087 KRW 29,172 KRW 54
EV/Revenue 17,002 KRW 22,685 KRW 28,367 KRW 43
Asset-Based
NCAV (Graham) 9,303 KRW 12,466 KRW 18,606 KRW 50
Growth DCF
Growth DCF 24,107 KRW 40,768 KRW 71,003 KRW 80
Rev-Margin DCF 19,154 KRW 29,964 KRW 44,029 KRW 74
Economic Profit
Residual Income 18,846 KRW 25,447 KRW 81,821 KRW 76
ROIC Compounder 29,642 KRW 40,040 KRW 54,624 KRW 72
Growth Earnings
Growth-Adj P/E 29,880 KRW 42,686 KRW 55,492 KRW 68

Widest divergence: Growth Earnings (42,686 KRW) versus Dividend Discount (6,881 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 512B KRW
Revenue growth (YoY) +53.6%
Net margin 19.5%
Return on equity 19.0%
Free cash flow 43.2B KRW FY2025
Operating margin 30.1%
More key figures
Dividend yield 0.4%
EPS growth (YoY) +106%

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 64 · Market factors (momentum, volatility) 68

Profitability 63
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 23
Calm price path (market factor)
Momentum 95
Price trend over the last 3–12 months (market factor)
52W Momentum 75
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

PSK Inc. develops, manufactures, and sells semiconductor processing equipment worldwide. The company offers dry strip, selective material removal, bevel etch, integrated process equipment, dry cleaning, new hard mask strip, etch back, power device etch, and wafer edge clean products. It also provides 3D IC packing equipment. PSK Inc.

Full company description

PSK Inc. develops, manufactures, and sells semiconductor processing equipment worldwide. The company offers dry strip, selective material removal, bevel etch, integrated process equipment, dry cleaning, new hard mask strip, etch back, power device etch, and wafer edge clean products. It also provides 3D IC packing equipment. PSK Inc. company was founded in 1990 and is headquartered in Hwaseong-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PSK Inc reported revenue of 457B KRW in FY2025 versus 446B KRW in FY2021, a compound +0.6%/yr. Reported net income was 78.5B KRW in FY2025, compounding +0.6%/yr from FY2021.

Growth Quality 85/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
457B KRW
Latest YoY
+14.9%
Avg. growth/yr (3Y)
−0.3%
Avg. growth/yr (5Y)
+11.5%
Avg. growth/yr (6Y)
+19.8%
Revenue +0.6%/yr
FY21 446B KRW
FY22 461B KRW
FY23 352B KRW
FY24 398B KRW
FY25 457B KRW
Net income +0.6%/yr
FY21 76.7B KRW
FY22 77.4B KRW
FY23 52.5B KRW
FY24 79.1B KRW
FY25 78.5B KRW

319660 screens 72% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "PSK Inc Fair Value". https://www.fairvalue-calculator.com/stock/319660

Peer Group

Semiconductor Equipment & Materials · 211 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 66 · Top 25%
Fair Value upside −72% · Below median
Return on equity (TTM) 19% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 30% · Top 25%
Revenue growth 54% · Top 25%
Dividend yield (TTM) 0.4% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/FCF 0.1× · Cheaper 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.

VALUE 0 · sector 0
FUTURE 100 · sector 58
PAST 76 · sector 30
HEALTH 99 · sector 96
DIVIDEND 7 · sector 16

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hon. Precision, Inc 7769 6,005 TWD 1,804 TWD -70%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%

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Frequently asked questions

Is PSK Inc (319660) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 33,490 KRW versus a price of 118,400 KRW, about −72% (overvalued).
What is the fair value of 319660?
Our model-based fair value for PSK Inc is 33,490 KRW (as of Jul 15, 2026), built from audited fundamentals. The current price is 118,400 KRW.
What is the quality score of 319660?
PSK Inc has a Quality Score of 66/100. 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 PSK Inc (319660)?
PSK Inc reported trailing-twelve-month revenue of about 512B KRW (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 319660?
The net profit margin of PSK Inc is about 19.5%, meaning it keeps roughly 19.5% of revenue as net income. Based on the latest reported figures.
Does PSK Inc pay a dividend?
PSK Inc currently shows a dividend yield of about 0.54% relative to its recent price (as of Jul 15, 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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