Soulbrain Co. Ltd (357780) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Soulbrain Co. Ltd stock KRW 177,760, price KRW 244,500, that is 27.3% below the price, quality 52 out of 100. Rating: overvalued. Calculated from audited financials with 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 8, 2026.
How to read this chart
60‑month range 154,897 KRW – 498,027 KRW · fair‑value band 112,869 KRW – 253,117 KRW · the 244,500 KRW price screens above the 177,760 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow Soulbrain Co. in your weekly email
Every Wednesday you see whether Soulbrain Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Soulbrain Co., Ltd. develops, manufactures, and supplies various high tech industry core materials.
Show moreShow less
It provides semiconductor materials, including CVD/ALD materials, etchant and cleaning agents, CMP slurries, and plating agents, as well as hydrofluoric acid/buffered oxide etchants for etching and cleaning of semiconductor oxide films.
The company also offers functional chemical materials used in the manufacture of LCD and OLED panels, as well as components of panels, including thin glass and cell scribings.
In addition, it provides electronic materials for the generation of eco-friendly energy, such as LED process materials, solar cells, and electric vehicle electronic materials; and lithium ion battery electrolyte and secondary battery electrodes.
The company is headquartered in Seongnam-si, South Korea.
Stock analysis
Soulbrain Co. Ltd (357780) currently trades at 244,500 KRW, while our model-based Fair Value estimate is 177,760 KRW, 27% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 231,900 KRW per share, and 3 of the 26 models we run sit above the 244,500 KRW price.
Bear case: the Dividend Discount group reads lowest at 23,832 KRW, and 23 of the 26 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 112,869 KRW (bear) to 253,117 KRW (bull), the price of 244,500 KRW sits inside 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 52/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Soulbrain Co. Ltd reported revenue of 923B KRW in FY2025 versus 1.0T KRW in FY2021, a compound −2.6%/yr. Reported net income was 79.1B KRW in FY2025, compounding −14.6%/yr from FY2021.
Key figures
Market cap 1.8T KRW (≈ $1.4B) Small · P/E ratio 14.7 · P/S ratio 1.74 · EPS (TTM) 16,667 KRW · Dividend yield 1.0% · Net margin 12.0% · Return on equity 11.2% · Return on assets (EBIT) 15.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 51% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −25% fair-value upside, at −27%, 357780 screens richer than that median.
Fair Value models
Bear112,869 KRWFair Value 177,760 KRWBull253,117 KRW
Price 244,500 KRW · Downside -27.3%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (12,238 KRW per share) are deliberately not added.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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+7.0%
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.
−5.4%
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.
+14.5%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−0.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.5%
Dividend (yield on the price)1.0%
Profit margin 2020 to 2025 ⓘ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.22% → 15%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
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).
+40.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+14.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +37.6% a year for the price and +11.7% for the forecasts.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Chemicals · 336 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score52 · Below median
Fair Value upside−27.3% · Below median
Profitability
Return on equity (12 months)11.2% · Above median
Return on assets5.5% · Above median
Net margin (12 months)12.0% · Top 25%
Operating margin (12 months)14.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)36.3% · Top 25%
Dividend yield (12 months)1.0% · Below median
Balance sheet
Debt / equity0.09× · Below median
Valuation Multiplesvs Chemicals 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.
Is Soulbrain Co. Ltd (357780) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 177,760 KRW versus a price of 244,500 KRW, about 27% lower (overvalued).
What is the fair value of 357780?
Our model-based fair value for Soulbrain Co. Ltd is 177,760 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 244,500 KRW.
What is the quality score of 357780?
Soulbrain Co. Ltd has a Quality Score of 52/100. 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 Soulbrain Co. Ltd (357780)?
Our model-based price target is the fair value of 177,760 KRW (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 112,869 KRW, optimistic scenario 253,117 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Soulbrain Co. Ltd stock forecast for 2026?
Our models put fair value at 177,760 KRW, about 27% lower versus a price of 244,500 KRW (overvalued). Cautious scenario 112,869 KRW, optimistic scenario 253,117 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Soulbrain Co. Ltd (357780)?
Soulbrain Co. Ltd reported trailing-twelve-month revenue of about 1.1T KRW (latest available figure, as of Nov 8, 2026).
Does Soulbrain Co. Ltd pay a dividend?
Soulbrain Co. Ltd currently shows a dividend yield of 0.96% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Soulbrain Co. Ltd (357780) and when is the ex-dividend date?
Soulbrain Co. Ltd pays a dividend of 2,350 KRW per share a year, a dividend yield of 1.0%. The last ex-dividend date was Mar 30, 2026. A dividend has been paid every year since at least 2020. The payout ratio is 14.1% of earnings. Free cash flow covers the dividend 1.49 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Soulbrain Co. Ltd (357780)?
For today's price to be fair in a discounted-cash-flow model, Soulbrain Co. Ltd would have to grow free cash flow by +40.5 % per year for five years (discount rate 13.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.5 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 357780 use?
Our models discount Soulbrain Co. Ltd at 13.2 %: a base by market capitalisation (small), damped by beta 1.52, 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 Soulbrain Co. Ltd that is +40.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.2 %) and the same formula as our fair value.
How much growth has Soulbrain Co. Ltd (357780) delivered so far?
Over the past 5 years revenue at Soulbrain Co. Ltd grew +14.5 % a year. The price currently implies free-cash-flow growth of +40.5 % 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 Soulbrain Co. Ltd (357780) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Soulbrain Co. Ltd (+40.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Soulbrain Co. Ltd (357780)?
The free-cash-flow yield on the price is 1.44 %: that much free cash flow Soulbrain Co. Ltd produces per unit of market value. When it exceeds the discount rate of our models (13.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Soulbrain Co. Ltd (357780)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Soulbrain Co. Ltd it is 177,760 KRW per share (as of Nov 8, 2026), against a price of 244,500 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Soulbrain Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 357780 trades above its calculated fair value: price 244,500 KRW, fair value 177,760 KRW, a gap of about −27% (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 357780?
No. The price is what the market pays today (244,500 KRW); the fair value is what the company's own numbers justify (177,760 KRW). For Soulbrain Co. Ltd the two are 66,740 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Soulbrain Co. Ltd worth?
The market values Soulbrain Co. Ltd at about 1.8T KRW (market capitalisation, as of Nov 8, 2026). Per share that is 244,500 KRW; our models calculate a fair value of 177,760 KRW per share.
What do the bullish and bearish scenarios say about 357780?
Our models span a range for Soulbrain Co. Ltd: cautious scenario 112,869 KRW, base 177,760 KRW, optimistic 253,117 KRW per share (as of Nov 8, 2026, price 244,500 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 357780?
Soulbrain Co. Ltd trades at a price-to-earnings ratio of 14.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 177,760 KRW is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings, FY2025 ex one-offs: 16.3. Other multiples: P/B 1.8, P/S 1.7, EV/EBITDA 7.2.
How solid is the balance sheet of Soulbrain Co. Ltd (357780)?
Balance-sheet figures for Soulbrain Co. Ltd (as of Nov 8, 2026): return on equity 11.2%, debt of 0.09 per unit of equity. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is 357780 from its 52-week high?
Soulbrain Co. Ltd trades at 244,500 KRW, about 51% below its 52-week high of 498,027 KRW and 9% above the low of 224,500 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 177,760 KRW is for.
Which stocks are comparable to Soulbrain Co. Ltd?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, 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 Soulbrain Co. Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price 244,500 KRW, calculated fair value 177,760 KRW (−27%), Quality Score 52/100, from 26 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 357780 calculated?
We run Soulbrain Co. Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 177,760 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 13.0% above its aggregate fair value. Soulbrain Co. Ltd 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 Soulbrain Co. Ltd (357780)?
The closing price on Nov 6, 2026 was 244,500 KRW. Our model-based fair value is 177,760 KRW, about 27% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Soulbrain Co. Ltd right now?
Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (112,869 KRW to 253,117 KRW) leaves room in how you read the outcome.
Key figures of Soulbrain Co. Ltd
How large is the market capitalisation of Soulbrain Co. Ltd (357780)?
The market capitalisation of Soulbrain Co. Ltd is 1.8T KRW (≈ $1.4B). 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 Soulbrain Co. Ltd (357780)?
The price-to-sales ratio of Soulbrain Co. Ltd is 1.74 (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 Soulbrain Co. Ltd (357780)?
Earnings per share at Soulbrain Co. Ltd are 16,667 KRW (price ÷ EPS = P/E 14.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Soulbrain Co. Ltd (357780)?
The dividend yield of Soulbrain Co. Ltd is 1.0% (payout 14.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Soulbrain Co. Ltd (357780)?
The net margin of Soulbrain Co. Ltd is 12.0% (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 Soulbrain Co. Ltd (357780)?
The return on equity (ROE) of Soulbrain Co. Ltd is 11.2% (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 Soulbrain Co. Ltd (357780)?
On an EBIT basis the return on assets of Soulbrain Co. Ltd is 15.5% (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 Soulbrain Co. Ltd (357780)?
The operating margin of Soulbrain Co. Ltd is 14.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Soulbrain Co. Ltd (357780)?
Revenue at Soulbrain Co. Ltd is growing +36.3% versus a year earlier (3y avg −5.4%). 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 Soulbrain Co. Ltd (357780)?
Earnings per share at Soulbrain Co. Ltd are growing +385% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Soulbrain Co. Ltd in the live analysis
One click puts Soulbrain Co. Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 8, 2026