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Nsys Co (333620) Fair Value & Analysis

Industrials · KR · Market cap 55.4B KRW

NC Nsys Co 333620 · KQ
Price5,740 KRW
Fair Value1,637 KRW
Upside-71.5%
Quality42/100
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Mixed Growth
Loss-making · -19.6% net margin
Low debt · generates free cash flow
0.74% dividend yield
Trails peers (2/10)
Narrow moat 10/100
Evidence: Low Range 1,118 KRW – 2,155 KRW Share as image

Fair value as of: Jul 21, 2026

From 7 valuation models · updated 21 days ago

Share price +8.9% over the past month.

Below-average quality, and screening another 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,155 KRW). The favourable scenario is already priced in.
  • Weak quality (42/100) 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.
  • A fairly wide model range (1,118 KRW to 2,155 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

29,538 KRW 4,900 KRW Fair Value 1,637 KRW Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 4,900 KRW – 29,538 KRW · fair‑value band 1,118 KRW – 2,155 KRW · the 5,740 KRW price screens above the 1,637 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

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Analysis

Nsys Co (333620) currently trades at 5,740 KRW, while our model-based Fair Value estimate is 1,637 KRW, implying the stock looks roughly 71.5% overvalued today. The Quality Score stands at 42/100 (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).

Over the trailing twelve months, Nsys Co generated revenue of 47.8B KRW at a net margin of -19.6%. Revenue declined 8.5% year over year. It earns a return on equity of -16.5%. Net debt stands at 961M KRW. Fundamentals as of Jul 21, 2026

Our scenario range runs from 1,118 KRW (bear case) to 2,155 KRW (bull case); at 5,740 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 32% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -71%, 333620 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 2,612 KRW 3,677 KRW 5,402 KRW 80
Rev-Margin DCF 2,312 KRW 3,151 KRW 4,181 KRW 74
NCAV (Graham) 2,484 KRW 3,329 KRW 4,968 KRW 50
All 7 models by family
DCF Models
FCF DCF 2,605 KRW 3,714 KRW 5,529 KRW 38
5Y Revenue Exit 2,312 KRW 3,157 KRW 4,261 KRW 39
10Y Revenue Exit 2,361 KRW 3,178 KRW 4,342 KRW 36
Multiples
EV/Revenue 2,200 KRW 2,719 KRW 3,238 KRW 43
Asset-Based
NCAV (Graham) 2,484 KRW 3,329 KRW 4,968 KRW 50
Growth DCF
Growth DCF 2,612 KRW 3,677 KRW 5,402 KRW 80
Rev-Margin DCF 2,312 KRW 3,151 KRW 4,181 KRW 74

Widest divergence: Asset-Based (3,329 KRW) versus Multiples (2,719 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 47.8B KRW
Revenue growth (YoY) -8.5%
Net margin -19.6%
Return on equity -16.5%
Free cash flow 1.4B KRW FY2025
Operating margin -14.4%
More key figures
Dividend yield 0.7%
EPS growth (YoY) -47.9%
Net debt 961M KRW FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 42 · Market factors (momentum, volatility) 29

Profitability 10
Margins and returns on capital today
Quality Growth 4
Are margins and returns improving?
Cashflow 22
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 18
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

Nsys Co., Ltd. engages in ordering, manufacturing, producing, and delivering optimal vision inspection equipment for secondary battery production process and facility.

Full company description

Nsys Co., Ltd. engages in ordering, manufacturing, producing, and delivering optimal vision inspection equipment for secondary battery production process and facility. It offers coater, roll-press and slitter surface, insulated coating, small battery, and perforation inspector; ultrasonic welding, laser welding, front tape height, seal pin welding, spatter, cylindrical visual, lamination, J/R width, 3D can-cap, tack welding, polymer figure inspector, polymer sealing thickness measurer, and polymer cell-checker; upper visual, tape height, five-sided visual, DMC label, and seal pin inspector; and upper/side welding, lower part welding, and end-plate inspector. The company also provides sealing inspection and isolation equipment, rank selector, and automobile battery defect sorter and grade sorter automation. In addition, it offers products for parts processing, 3D vision inspection on copper plate surface, automobile glass mirror base / rain sensor align inspection, automobile side glass position inspection, automated system for vacuum exhaustion process, and LCD assembly process vision align system. The company was founded in 2002 and is based in Cheonan-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nsys Co reported revenue of 48.8B KRW in FY2025 versus 42.7B KRW in FY2021, a compound +3.4%/yr. Reported net income was −6.8B KRW in FY2025.

Growth Quality 37/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
48.8B KRW
Latest YoY
−22.4%
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.
+5.2%
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.
+6.1%
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.
+10.5%
Revenue +3.4%/yr
FY21 42.7B KRW
FY22 42.0B KRW
FY23 51.2B KRW
FY24 62.9B KRW
FY25 48.8B KRW
Net income
FY21 4.8B KRW
FY22 3.5B KRW
FY23 2.2B KRW
FY24 10.2B KRW
FY25 −6.8B KRW

333620 screens 71% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Nsys Co Fair Value". https://www.fairvalue-calculator.com/stock/333620

Peer Group

Electrical Equipment & Parts · 526 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 42 · Bottom 25%
Fair Value upside −72% · Bottom 25%
Return on assets -6% · Bottom 25%
Net margin (TTM) -20% · Bottom 25%
Operating margin (TTM) -14% · Bottom 25%
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 0.7% · Below median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/FCF 0.0× · 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 0 · sector 57
PAST 0 · sector 26
HEALTH 100 · sector 97
DIVIDEND 15 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Nsys Co (333620) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 1,637 KRW versus a price of 5,740 KRW, about −71% (overvalued).
What is the fair value of 333620?
Our model-based fair value for Nsys Co is 1,637 KRW (as of Jul 21, 2026), built from audited fundamentals. The current price is 5,740 KRW.
What is the quality score of 333620?
Nsys Co has a Quality Score of 42/100. 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 Nsys Co (333620)?
Nsys Co reported trailing-twelve-month revenue of about 47.8B KRW (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 333620?
The net profit margin of Nsys Co is about -19.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Nsys Co pay a dividend?
Nsys Co currently shows a dividend yield of about 0.77% relative to its recent price (as of Jul 21, 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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