Wider Planet Inc. (321820) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Wider Planet Inc. stock KRW 1,558, price KRW 3,240, that is 51.9% below the price, quality 38 out of 100. Rating: strongly overvalued. Calculated from audited financials with 21 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 1,983 KRW – 25,850 KRW · fair‑value band 1,380 KRW – 1,752 KRW · the 3,240 KRW price screens above the 1,558 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Artist Company Inc. engages in developing mobile and web-based advertising service systems and conducting advertising agency business in South Korea and internationally.
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The company engages in content business division which offers film and drama production and domestic and international sales distribution; commerce business division involving content creation linked commerce; and DSP business division offering target marketing platform based on big data, as well as Ad server business division that offers advertising management.
It also involves in electronic commerce businesses. The company was formerly known as Artist United Inc. and changed its name to Artist Company Inc. in April 2025. The company was founded in 2010 and is based in Seoul, South Korea.
Stock analysis
Wider Planet Inc. (321820) currently trades at 3,240 KRW, while our model-based Fair Value estimate is 1,558 KRW, 52% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 3,371 KRW per share, and 6 of the 21 models we run sit above the 3,240 KRW price.
Bear case: the Earnings-Based group reads lowest at 929.95 KRW, and 15 of the 21 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1,380 KRW (bear) to 1,752 KRW (bull), the price of 3,240 KRW sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 38/100 (below-average quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Wider Planet Inc. reported revenue of 46.7B KRW in FY2025 versus 35.4B KRW in FY2021, a compound +7.1%/yr. Reported net income was 1.3B KRW in FY2025.
Key figures
Market cap 49.2B KRW (≈ $36.4M) Micro · P/S ratio 1.10 · EPS (TTM) −247.64 KRW · Net margin −10.0% · Return on equity −9.3% · Return on assets (EBIT) −9.6% (5-year average) · Operating margin −11.7% · Revenue (TTM) 37.6B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 14 out of 100 (low confidence).
What moves the price
The share trades about 40% below its 52-week high and 63% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 10% fair-value upside, at −52%, 321820 screens richer than that median.
Fair Value models
Bear1,380 KRWFair Value 1,558 KRWBull1,752 KRW
Price 3,240 KRW · Downside -51.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF3,174 KRW4,259 KRW5,793 KRW81
Growth DCF3,146 KRW4,097 KRW5,354 KRW80
Owner Earnings4,918 KRW6,984 KRW9,903 KRW77
All 21 models by family
DCF Models
FCF DCF3,174 KRW4,259 KRW5,793 KRW81
Owner Earnings4,918 KRW6,984 KRW9,903 KRW77
5Y Revenue Exit2,245 KRW2,601 KRW3,021 KRW74
5Y EBITDA Exit2,263 KRW2,637 KRW3,055 KRW77
5Y P/E Exit2,780 KRW3,682 KRW4,675 KRW72
10Y Revenue Exit2,604 KRW3,036 KRW3,591 KRW68
10Y EBITDA Exit2,624 KRW3,059 KRW3,615 KRW70
10Y P/E Exit2,918 KRW3,713 KRW4,765 KRW65
Earnings-Based
Graham-Dodd581.22 KRW2,529 KRW3,459 KRW64
Lynch FV650.96 KRW929.95 KRW1,209 KRW61
PEG = 1.0650.96 KRW929.95 KRW1,209 KRW57
Multiples
P/E Multiple1,410 KRW1,880 KRW2,351 KRW63
P/S Multiple1,090 KRW1,453 KRW1,816 KRW58
P/B Multiple4,464 KRW5,952 KRW7,440 KRW55
EV/EBITDA1,685 KRW1,833 KRW1,980 KRW67
EV/Revenue1,624 KRW1,787 KRW1,951 KRW54
Asset-Based
NCAV (Graham)850.34 KRW1,139 KRW1,701 KRW54
Growth DCF
Growth DCF3,146 KRW4,097 KRW5,354 KRW80
Rev-Margin DCF2,245 KRW2,629 KRW3,122 KRW74
Economic Profit
Residual Income1,602 KRW1,621 KRW1,728 KRW71
Growth Earnings
Growth-Adj P/E1,110 KRW1,585 KRW2,061 KRW67
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+119.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+9.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.0%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.7%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−13.9% (2020) → −8.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+42.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +39.1% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Advertising Agencies · 170 stocks
Beats the industry median on 2/10 measures
Overall it trails its industry peers.
Valuation
Quality Score38 · Bottom 25%
Fair Value upside−51.9% · Bottom 25%
Profitability
Return on assets1.8% · Above median
Net margin (12 months)−10.0% · Bottom 25%
Operating margin (12 months)−11.7% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−51.6% · Bottom 25%
Balance sheet
Debt / equity0.13× · Above median
Valuation Multiplesvs Advertising Agencies median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Wider Planet Inc. Fair Value". https://www.fairvalue-calculator.com/stock/321820
Frequently asked questions
Is Wider Planet Inc. (321820) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 1,558 KRW versus a price of 3,240 KRW, about 52% lower (overvalued).
What is the fair value of 321820?
Our model-based fair value for Wider Planet Inc. is 1,558 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 3,240 KRW.
What is the quality score of 321820?
Wider Planet Inc. has a Quality Score of 38/100. 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 price target for Wider Planet Inc. (321820)?
Our model-based price target is the fair value of 1,558 KRW (as of Nov 7, 2026) from 21 valuation models. Cautious scenario 1,380 KRW, optimistic scenario 1,752 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Wider Planet Inc. stock forecast for 2026?
Our models put fair value at 1,558 KRW, about 52% lower versus a price of 3,240 KRW (overvalued). Cautious scenario 1,380 KRW, optimistic scenario 1,752 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Wider Planet Inc. (321820)?
Wider Planet Inc. reported trailing-twelve-month revenue of about 37.6B KRW (latest available figure, as of Nov 7, 2026).
What growth is priced into Wider Planet Inc. (321820)?
For today's price to be fair in a discounted-cash-flow model, Wider Planet Inc. would have to grow free cash flow by +42.0 % per year for five years (discount rate 12.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.0 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 321820 use?
Our models discount Wider Planet Inc. at 12.2 %: a base by market capitalisation (nano), damped by beta 1.83, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Wider Planet Inc. that is +42.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.2 %) and the same formula as our fair value.
How much growth has Wider Planet Inc. (321820) delivered so far?
Over the past 5 years revenue at Wider Planet Inc. grew +10.0 % a year. The price currently implies free-cash-flow growth of +42.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Wider Planet Inc. (321820) growing?
The median revenue growth in the sector is +14.3 % a year. That is the yardstick for the growth priced into Wider Planet Inc. (+42.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Wider Planet Inc. (321820)?
The free-cash-flow yield on the price is 1.29 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Wider Planet Inc. produces per unit of market value. When it exceeds the discount rate of our models (12.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Wider Planet Inc. (321820)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Wider Planet Inc. it is 1,558 KRW per share (as of Nov 7, 2026), against a price of 3,240 KRW. It is the blended result of 21 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Wider Planet Inc. stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 321820 trades above its calculated fair value: price 3,240 KRW, fair value 1,558 KRW, a gap of about −52% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 321820?
No. The price is what the market pays today (3,240 KRW); the fair value is what the company's own numbers justify (1,558 KRW). For Wider Planet Inc. the two are 1,682 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Wider Planet Inc. worth?
The market values Wider Planet Inc. at about 49.2B KRW (market capitalisation, as of Nov 7, 2026). Per share that is 3,240 KRW; our models calculate a fair value of 1,558 KRW per share.
What do the bullish and bearish scenarios say about 321820?
Our models span a range for Wider Planet Inc.: cautious scenario 1,380 KRW, base 1,558 KRW, optimistic 1,752 KRW per share (as of Nov 7, 2026, price 3,240 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Wider Planet Inc. (321820)?
Balance-sheet figures for Wider Planet Inc. (as of Nov 7, 2026): return on equity −9.3%, debt of 0.13 per unit of equity. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is 321820 from its 52-week high?
Wider Planet Inc. trades at 3,240 KRW, about 40% below its 52-week high of 5,370 KRW and 63% above the low of 1,983 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 1,558 KRW is for.
Which stocks are comparable to Wider Planet Inc.?
From the same area (Communication Services) we also value AppLovin Corporation, Publicis Groupe S.A, Omnicom Group, Focus Media Information Technology Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Wider Planet Inc. stock attractive at the current price?
The data as of Nov 7, 2026: price 3,240 KRW, calculated fair value 1,558 KRW (−52%), Quality Score 38/100, from 21 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 321820 calculated?
We run Wider Planet Inc. through 21 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1,558 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Wider Planet Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Wider Planet Inc. (321820)?
The closing price on Nov 9, 2026 was 3,240 KRW. Our model-based fair value is 1,558 KRW, about 52% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Wider Planet Inc. right now?
The price sits above even our optimistic bull case (1,752 KRW). The favourable scenario is already priced in. Weak quality (38/100) 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.
Key figures of Wider Planet Inc.
How large is the market capitalisation of Wider Planet Inc. (321820)?
The market capitalisation of Wider Planet Inc. is 49.2B KRW (≈ $36.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Wider Planet Inc. (321820)?
The price-to-sales ratio of Wider Planet Inc. is 1.10 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Wider Planet Inc. (321820)?
Earnings per share at Wider Planet Inc. are −247.64 KRW. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Wider Planet Inc. (321820)?
The net margin of Wider Planet Inc. is −10.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Wider Planet Inc. (321820)?
The return on equity (ROE) of Wider Planet Inc. is −9.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Wider Planet Inc. (321820)?
On an EBIT basis the return on assets of Wider Planet Inc. is −9.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Wider Planet Inc. (321820)?
The operating margin of Wider Planet Inc. is −11.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Wider Planet Inc. (321820)?
Revenue at Wider Planet Inc. is growing −51.6% versus a year earlier (3y avg +9.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Wider Planet Inc. (321820)?
Earnings per share at Wider Planet Inc. are growing +280% versus a year earlier. How much earnings per share grew versus a year earlier.
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Thin data
Nov 7, 2026