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RF Materials Co (327260) Fair Value & Analysis

Technology · KR · Market cap 405B KRW

RM RF Materials Co 327260 · KQ
Price40,850 KRW
Fair Value9,054 KRW
Upside-77.8%
Quality59/100
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Healthy Growth
Loss-making · -7.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/10)
Narrow moat 30/100
Evidence: Medium Range 6,790 KRW – 13,619 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price −21.7% over the past month.

A solid business, but screening 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (13,619 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (6,790 KRW to 13,619 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

118,700 KRW 4,179 KRW Fair Value 9,054 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 4,179 KRW – 118,700 KRW · fair‑value band 6,790 KRW – 13,619 KRW · the 40,850 KRW price screens above the 9,054 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

RF Materials Co (327260) currently trades at 40,850 KRW, while our model-based Fair Value estimate is 9,054 KRW, implying the stock looks roughly 77.8% overvalued today. The Quality Score stands at 59/100 (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: medium).

Over the trailing twelve months, RF Materials Co generated revenue of 11.5B KRW at a net margin of -7.4%. Revenue grew 69.6% year over year. It earns a return on equity of -3.8%. Net debt stands at 2.0B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 6,790 KRW (bear case) to 13,619 KRW (bull case); at 40,850 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 68% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -78%, 327260 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
Growth DCF 10,384 KRW 18,716 KRW 35,309 KRW 80
Residual Income 6,059 KRW 7,743 KRW 20,400 KRW 76
Rev-Margin DCF 9,553 KRW 16,517 KRW 26,902 KRW 74
All 24 models by family
DCF Models
FCF DCF 10,746 KRW 16,830 KRW 34,723 KRW 38
Owner Earnings 16,796 KRW 36,092 KRW 78,403 KRW 31
5Y Revenue Exit 9,553 KRW 15,788 KRW 27,904 KRW 39
5Y EBITDA Exit 8,691 KRW 13,918 KRW 23,387 KRW 41
5Y P/E Exit 10,950 KRW 20,232 KRW 32,162 KRW 38
10Y Revenue Exit 9,626 KRW 17,351 KRW 26,763 KRW 36
10Y EBITDA Exit 9,276 KRW 15,687 KRW 27,099 KRW 37
10Y P/E Exit 10,902 KRW 20,048 KRW 35,744 KRW 35
Earnings-Based
Graham-Dodd 5,654 KRW 39,415 KRW 55,312 KRW 54
Lynch FV 11,635 KRW 16,622 KRW 21,608 KRW 50
PEG = 1.0 11,635 KRW 16,622 KRW 21,608 KRW 46
EPV 10,232 KRW 11,610 KRW 12,835 KRW 59
Multiples
P/E Multiple 8,731 KRW 11,641 KRW 14,551 KRW 63
P/S Multiple 6,790 KRW 9,054 KRW 11,317 KRW 58
P/B Multiple 8,390 KRW 11,186 KRW 13,983 KRW 55
EV/EBIT 8,930 KRW 11,099 KRW 13,269 KRW 53
EV/EBITDA 8,015 KRW 9,880 KRW 11,744 KRW 54
EV/Revenue 8,760 KRW 11,476 KRW 14,192 KRW 43
Asset-Based
NCAV (Graham) 3,107 KRW 4,164 KRW 6,215 KRW 50
Growth DCF
Growth DCF 10,384 KRW 18,716 KRW 35,309 KRW 80
Rev-Margin DCF 9,553 KRW 16,517 KRW 26,902 KRW 74
Economic Profit
Residual Income 6,059 KRW 7,743 KRW 20,400 KRW 76
ROIC Compounder 12,331 KRW 17,397 KRW 24,006 KRW 72
Growth Earnings
Growth-Adj P/E 13,638 KRW 19,483 KRW 25,328 KRW 68

Widest divergence: Growth Earnings (19,483 KRW) versus Asset-Based (4,164 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 11.5B KRW
Revenue growth (YoY) +69.6%
Net margin -7.4%
Return on equity -3.8%
Free cash flow 4.2B KRW FY2025
Operating margin 16.0%
More key figures
EPS growth (YoY) +645%
Net debt 2.0B KRW FY2022

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 59 · Market factors (momentum, volatility) 43

Profitability 41
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 65
Distance to the 52-week high (market factor)
Net Issuance 51
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

RF Materials Co., Ltd. develops, produces, and sells optical communication packages in Korea and internationally. It offers packages for RF and microwave, optical communication, and laser module; ceramic packages and substrates and HTCC multilayer ceramics technologies; and laser module, including fiber coupled diode lasers, single bar diode lasers, and …

Full company description

RF Materials Co., Ltd. develops, produces, and sells optical communication packages in Korea and internationally. It offers packages for RF and microwave, optical communication, and laser module; ceramic packages and substrates and HTCC multilayer ceramics technologies; and laser module, including fiber coupled diode lasers, single bar diode lasers, and diode laser bar stacks. RF Materials Co., Ltd. serves laser modules, automobiles, medical care, and X-rays, and aerospace. The company was formerly known as Metal-Life Co., Ltd. and changed its name to RF Materials Co., Ltd. in March 2021. RF Materials Co., Ltd. was founded in 2004 and is based in Ansan-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

RF Materials Co reported revenue of 64.1B KRW in FY2025 versus 37.8B KRW in FY2021, a compound +14.1%/yr. Reported net income was 7.1B KRW in FY2025.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
64.1B KRW
Latest YoY
+44.0%
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.
+8.3%
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.
+28.6%
Avg. growth/yr (8Y) 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.
+24.1%
Revenue +14.1%/yr
FY21 37.8B KRW
FY22 50.4B KRW
FY23 47.9B KRW
FY24 44.5B KRW
FY25 64.1B KRW
Net income
FY21 −902M KRW
FY22 3.3B KRW
FY23 −669M KRW
FY24 −4.8B KRW
FY25 7.1B KRW

327260 screens 78% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "RF Materials Co Fair Value". https://www.fairvalue-calculator.com/stock/327260

Peer Group

Electronic Components · 625 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 59 · Above median
Fair Value upside −78% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 70% · Top 25%
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/S (TTM) 0.03× · Cheaper than 75% of peers
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 32
PAST 0 · sector 24
HEALTH 90 · sector 95
DIVIDEND 0 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is RF Materials Co (327260) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 9,054 KRW versus a price of 40,850 KRW, about −78% (overvalued).
What is the fair value of 327260?
Our model-based fair value for RF Materials Co is 9,054 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 40,850 KRW.
What is the quality score of 327260?
RF Materials Co has a Quality Score of 59/100. 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 RF Materials Co (327260)?
RF Materials Co reported trailing-twelve-month revenue of about 11.5B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 327260?
The net profit margin of RF Materials Co is about -7.4%, 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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