EN DE

Igis Value Plus Reit Co (334890) Fair Value & Analysis

Real Estate · KR · Market cap 179B KRW

IV Igis Value Plus Reit Co 334890 · KO
Price3,700 KRW
Fair Value4,048 KRW
Upside+9.4%
Quality48/100
Watch Igis Value Plus Reit Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
9.32% dividend yield
Mixed vs. peers (6/11)
Narrow moat 30/100
Evidence: High Range 2,946 KRW – 4,895 KRW Share as image

Fair value as of: Jul 22, 2026

From 13 valuation models · updated 19 days ago

Share price +7.7% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

4,558 KRW 2,573 KRW Fair Value 4,048 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 2,573 KRW – 4,558 KRW · fair‑value band 2,946 KRW – 4,895 KRW · the 3,700 KRW price screens below the 4,048 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Igis Value Plus Reit Co (334890) currently trades at 3,700 KRW, while our model-based Fair Value estimate is 4,048 KRW, implying the stock looks roughly 9.4% fairly valued today. The Quality Score stands at 48/100 (below-average quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Net debt stands at 110B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 2,946 KRW (bear case) to 4,895 KRW (bull case); at 3,700 KRW, the current price sits within 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 19% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -20% fair-value upside, at 9%, 334890 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 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 3,344 KRW 4,682 KRW 6,972 KRW 80
Residual Income 6,172 KRW 5,938 KRW 4,895 KRW 76
P/S Multiple 1,980 KRW 2,639 KRW 3,299 KRW 58
All 13 models by family
DCF Models
FCF DCF 3,180 KRW 4,559 KRW 7,113 KRW 38
5Y Revenue Exit 2,142 KRW 3,056 KRW 4,379 KRW 39
5Y EBITDA Exit 2,946 KRW 4,447 KRW 6,436 KRW 41
10Y Revenue Exit 2,470 KRW 3,188 KRW 3,936 KRW 36
10Y EBITDA Exit 3,010 KRW 4,048 KRW 5,144 KRW 37
Multiples
P/S Multiple 1,980 KRW 2,639 KRW 3,299 KRW 58
P/B Multiple 2,917 KRW 3,889 KRW 4,861 KRW 55
EV/EBIT 4,276 KRW 5,812 KRW 7,348 KRW 53
EV/EBITDA 3,327 KRW 4,547 KRW 5,766 KRW 54
EV/Revenue 1,658 KRW 2,510 KRW 3,363 KRW 43
Asset-Based
NCAV (Graham) 4,305 KRW 5,768 KRW 8,609 KRW 50
Growth DCF
Growth DCF 3,344 KRW 4,682 KRW 6,972 KRW 80
Economic Profit
Residual Income 6,172 KRW 5,938 KRW 4,895 KRW 76

Widest divergence: Economic Profit (5,938 KRW) versus Multiples (3,889 KRW). Highest evidence: Growth DCF (80).

Notify me when 334890 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Free cash flow 18.9B KRW FY2025
Dividend yield 9.3%
Net debt 110B KRW FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 54 · Market factors (momentum, volatility) 46

Profitability 32
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 93
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 40
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

Igis Value Plus Reit Co., Ltd. engages in the acquisition, development, management, and lease of real estate properties. It also trades in securities. The company was founded in 2019 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Igis Value Plus Reit Co reported revenue of 21.2B KRW in FY2025 versus 23.3B KRW in FY2021, a compound −2.3%/yr. Reported net income was 11.9B KRW in FY2025, compounding −14.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
21.2B KRW
Latest YoY
+28.2%
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.
−23.4%
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.
−10.8%
Revenue −2.3%/yr
FY21 23.3B KRW
FY22 47.1B KRW
FY23 41.3B KRW
FY24 16.5B KRW
FY25 21.2B KRW
Net income −14.4%/yr
FY21 22.3B KRW
FY22 45.0B KRW
FY23 29.5B KRW
FY24 −2.1B KRW
FY25 11.9B KRW

Watch 334890: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Igis Value Plus Reit Co Fair Value". https://www.fairvalue-calculator.com/stock/334890

Peer Group

REIT - Office · 75 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 50 · Below median
Fair Value upside +9% · Above median
Return on assets 0% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 0% · Above median
Dividend yield (TTM) 9.3% · Top 25%
Debt / equity 0.08× · Lower than 75% of peers

Valuation Multiples vs REIT - Office median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 7.0× · 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 46 · sector 33
FUTURE 0 · sector 0
PAST 0 · sector 5
HEALTH 96 · sector 64
DIVIDEND 100 · sector 100

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 REIT - Office stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
MERLIN Properties SOCIMI, S.A MRL €15.23 €6.46 -58%
BXP, Inc BXP $69.11 $53.27 -23%
Vornado Realty Trust VNORP $51.75 $41.59 -20%
Alexandria Real Estate Equities, Inc ARE $50.12 $59.48 +19%
Hudson Pacific Properties, Inc HPP $15.38 $4.60 -70%
Mapletree Pan Asia Commercial Trust N2IU 1.28 SGD 1.14 SGD -11%
Cousins Properties Incorporated CUZ $32.15 $17.62 -45%
Kilroy Realty Corporation KRC $39.42 $40.37 +2%
Keppel DC REIT AJBU 2.20 SGD 1.68 SGD -24%
DEXUS DXS A$5.64 A$4.49 -20%

Compare Igis Value Plus Reit Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Igis Value Plus Reit Co (334890) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 4,048 KRW versus a price of 3,700 KRW, about +9% (fairly valued).
What is the fair value of 334890?
Our model-based fair value for Igis Value Plus Reit Co is 4,048 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 3,700 KRW.
What is the quality score of 334890?
Igis Value Plus Reit Co has a Quality Score of 48/100. 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 net profit margin of 334890?
The net profit margin of Igis Value Plus Reit Co is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does Igis Value Plus Reit Co pay a dividend?
Igis Value Plus Reit Co currently shows a dividend yield of about 9.55% relative to its recent price (as of Jul 22, 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.

14 days Pro free · no card

Track Igis Value Plus Reit Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.