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MICUBE Solution Inc (373170) Fair Value & Analysis

Technology · KR · Market cap 23.8B KRW

MS MICUBE Solution Inc 373170 · KQ
Price1,780 KRW
Fair Value1,834 KRW
Upside+3.1%
Quality46/100
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Mixed Growth
Thin margins · 6.1% net margin
Low debt · generates free cash flow
4.25% dividend yield
Ranks above peers (7/10)
Narrow moat 22/100
Evidence: High Range 1,376 KRW – 2,293 KRW Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 19 days ago

Share price −1.0% 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.
  • Our model range runs from 1,376 KRW (bear) to 2,293 KRW (bull), base 1,834 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 46/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

13,743 KRW 1,380 KRW Fair Value 1,834 KRW Aug 2023 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

36‑month range 1,380 KRW – 13,743 KRW · fair‑value band 1,376 KRW – 2,293 KRW · the 1,780 KRW price screens below the 1,834 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

MICUBE Solution Inc (373170) currently trades at 1,780 KRW, while our model-based Fair Value estimate is 1,834 KRW, implying the stock looks roughly 3.1% fairly valued today. The Quality Score stands at 46/100 (below-average quality), in the Technology 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.

Over the trailing twelve months, MICUBE Solution Inc generated revenue of 24.0B KRW at a net margin of 6.1%. Revenue declined 26.6% year over year. It earns a return on equity of 6.7%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,376 KRW (bear case) to 2,293 KRW (bull case); at 1,780 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 69% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at 3%, 373170 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 2,172 KRW 3,148 KRW 4,541 KRW 80
Residual Income 1,277 KRW 1,346 KRW 1,430 KRW 76
Rev-Margin DCF 1,182 KRW 1,592 KRW 2,073 KRW 74
All 26 models by family
DCF Models
FCF DCF 2,136 KRW 3,234 KRW 4,903 KRW 38
Owner Earnings 1,711 KRW 2,575 KRW 3,889 KRW 31
5Y Revenue Exit 1,182 KRW 1,564 KRW 2,021 KRW 39
5Y EBITDA Exit 1,690 KRW 2,512 KRW 3,452 KRW 41
5Y P/E Exit 2,145 KRW 3,360 KRW 4,625 KRW 38
10Y Revenue Exit 1,493 KRW 1,921 KRW 2,448 KRW 36
10Y EBITDA Exit 1,833 KRW 2,578 KRW 3,536 KRW 37
10Y P/E Exit 2,123 KRW 3,166 KRW 4,429 KRW 35
Earnings-Based
Graham-Dodd 733.72 KRW 2,245 KRW 2,981 KRW 54
Lynch FV 482.64 KRW 689.48 KRW 896.33 KRW 50
PEG = 1.0 482.64 KRW 689.48 KRW 896.33 KRW 46
EPV 599.15 KRW 676.37 KRW 743.94 KRW 59
Dividend Discount
Gordon GGM 606.02 KRW 1,260 KRW 1,999 KRW 70
DDM Multi-Stage 606.02 KRW 994.62 KRW 1,322 KRW 61
Multiples
P/E Multiple 2,266 KRW 3,021 KRW 3,777 KRW 63
P/S Multiple 1,376 KRW 1,834 KRW 2,293 KRW 58
P/B Multiple 1,376 KRW 1,834 KRW 2,293 KRW 55
EV/EBIT 1,244 KRW 1,614 KRW 1,983 KRW 53
EV/EBITDA 1,615 KRW 2,108 KRW 2,601 KRW 54
EV/Revenue 696.21 KRW 936.37 KRW 1,177 KRW 43
Asset-Based
NCAV (Graham) 784.85 KRW 1,052 KRW 1,570 KRW 50
Growth DCF
Growth DCF 2,172 KRW 3,148 KRW 4,541 KRW 80
Rev-Margin DCF 1,182 KRW 1,592 KRW 2,073 KRW 74
Economic Profit
Residual Income 1,277 KRW 1,346 KRW 1,430 KRW 76
ROIC Compounder 599.15 KRW 676.37 KRW 743.94 KRW 72
Growth Earnings
Growth-Adj P/E 1,814 KRW 2,592 KRW 3,370 KRW 68

Widest divergence: Growth Earnings (2,592 KRW) versus Economic Profit (676.37 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 24.0B KRW
Revenue growth (YoY) -26.6%
Net margin 6.1%
Return on equity 6.7%
Free cash flow 2.7B KRW FY2025
Operating margin -18.9%
More key figures
Dividend yield 3.0%
EPS growth (YoY) -40.2%

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 53 · Market factors (momentum, volatility) 5

Profitability 37
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 13
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 3
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

MICUBE Solution Inc. provides digital transformation solutions for manufacturing sites. It offers Smart Factory, a cloud-based MES solution that connects the manufacturing sites with the legacy systems; and Manufacturing AI, which comprises SmartEES equipment engineering system solution and SmartAI Machine Learning Operations platform to support the …

Full company description

MICUBE Solution Inc. provides digital transformation solutions for manufacturing sites. It offers Smart Factory, a cloud-based MES solution that connects the manufacturing sites with the legacy systems; and Manufacturing AI, which comprises SmartEES equipment engineering system solution and SmartAI Machine Learning Operations platform to support the development and operations of manufacturing AI services. The company also provides Digital Twin, a platform that integrates and connects the legacy systems, and its smart factory and manufacturing intelligence solutions to build the manufacturing data pipeline that integrates and synchronizes product, process, plan, plant, and resource snapshot information, as well as offers related consulting services. It serves the electric and electronic, semiconductors, machinery, battery, and food and beverages industries. The company was founded in 2005 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MICUBE Solution Inc reported revenue of 25.6B KRW in FY2025 versus 17.0B KRW in FY2021, a compound +10.7%/yr. Reported net income was 1.6B KRW in FY2025, compounding +34.5%/yr from FY2021.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
25.6B KRW
Latest YoY
−13.6%
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.
+4.7%
Revenue +10.7%/yr
FY21 17.0B KRW
FY22 22.3B KRW
FY23 24.2B KRW
FY24 29.6B KRW
FY25 25.6B KRW
Net income +34.5%/yr
FY21 499M KRW
FY22 2.8B KRW
FY23 2.5B KRW
FY24 −143M KRW
FY25 1.6B KRW

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Cite: Fair Value Calculator (2026). "MICUBE Solution Inc Fair Value". https://www.fairvalue-calculator.com/stock/373170

Peer Group

Software - Infrastructure · 370 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 46 · Below median
Fair Value upside +3% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 1% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) -19% · Bottom 25%
Revenue growth -27% · Bottom 25%
Dividend yield (TTM) 4.3% · Top 25%

Valuation Multiples vs Software - Infrastructure 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 37 · sector 0
FUTURE 0 · sector 46
PAST 27 · sector 15
HEALTH 100 · sector 98
DIVIDEND 85 · sector 28

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

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is MICUBE Solution Inc (373170) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,834 KRW versus a price of 1,780 KRW, about +3% (fairly valued).
What is the fair value of 373170?
Our model-based fair value for MICUBE Solution Inc is 1,834 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 1,780 KRW.
What is the quality score of 373170?
MICUBE Solution Inc has a Quality Score of 46/100. 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 MICUBE Solution Inc (373170)?
MICUBE Solution Inc reported trailing-twelve-month revenue of about 24.0B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 373170?
The net profit margin of MICUBE Solution Inc is about 6.1%, meaning it keeps roughly 6.1% of revenue as net income. Based on the latest reported figures.
Does MICUBE Solution Inc pay a dividend?
MICUBE Solution Inc currently shows a dividend yield of about 3.00% 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.

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