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DEAR U Co (376300) Fair Value & Analysis

Technology · KR · Market cap 455B KRW

DU DEAR U Co 376300 · KQ
Price20,250 KRW
Fair Value15,696 KRW
Upside-22.5%
Quality73/100
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Healthy Growth
Highly profitable · 28.1% net margin
Low debt · generates free cash flow
1.65% dividend yield
Ranks above peers (10/10)
Wide moat 72/100
Evidence: High Range 11,772 KRW – 19,620 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price −10.0% over the past month.

A solid business, but screening 22% overvalued on our models.

What matters now

  • A high-quality business (quality 73/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (19,620 KRW). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

91,298 KRW 17,983 KRW Fair Value 15,696 KRW Nov 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

57‑month range 17,983 KRW – 91,298 KRW · fair‑value band 11,772 KRW – 19,620 KRW · the 20,250 KRW price screens above the 15,696 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

DEAR U Co (376300) currently trades at 20,250 KRW, while our model-based Fair Value estimate is 15,696 KRW, implying the stock looks roughly 22.5% overvalued today. The Quality Score stands at 73/100 (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: high).

Over the trailing twelve months, DEAR U Co generated revenue of 89.7B KRW at a net margin of 28.1%. Revenue grew 33.4% year over year. It earns a return on equity of 12.3%. Net debt stands at 1.8B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 11,772 KRW (bear case) to 19,620 KRW (bull case); at 20,250 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 -27% fair-value upside, at -22%, 376300 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 29,876 KRW 56,550 KRW 101,346 KRW 80
Residual Income 7,662 KRW 8,405 KRW 12,631 KRW 76
Rev-Margin DCF 18,321 KRW 26,360 KRW 43,364 KRW 74
All 24 models by family
DCF Models
FCF DCF 31,377 KRW 47,363 KRW 99,633 KRW 38
Owner Earnings 19,773 KRW 39,246 KRW 81,955 KRW 31
5Y Revenue Exit 17,214 KRW 23,669 KRW 36,987 KRW 39
5Y EBITDA Exit 22,958 KRW 35,287 KRW 59,418 KRW 41
5Y P/E Exit 21,193 KRW 37,994 KRW 60,403 KRW 38
10Y Revenue Exit 21,108 KRW 34,790 KRW 41,819 KRW 36
10Y EBITDA Exit 25,689 KRW 47,451 KRW 84,313 KRW 37
10Y P/E Exit 24,372 KRW 43,561 KRW 73,971 KRW 35
Earnings-Based
Graham-Dodd 5,337 KRW 37,218 KRW 52,229 KRW 54
Lynch FV 19,228 KRW 27,468 KRW 35,709 KRW 50
PEG = 1.0 19,228 KRW 27,468 KRW 35,709 KRW 46
EPV 15,721 KRW 17,564 KRW 19,203 KRW 59
Multiples
P/E Multiple 11,772 KRW 15,696 KRW 19,620 KRW 63
P/S Multiple 6,622 KRW 8,829 KRW 11,036 KRW 58
P/B Multiple 10,006 KRW 13,342 KRW 16,677 KRW 55
EV/EBIT 23,126 KRW 29,077 KRW 35,028 KRW 53
EV/EBITDA 19,330 KRW 24,016 KRW 28,701 KRW 54
EV/Revenue 11,454 KRW 14,103 KRW 16,751 KRW 43
Asset-Based
NCAV (Graham) 4,421 KRW 5,924 KRW 8,842 KRW 50
Growth DCF
Growth DCF 29,876 KRW 56,550 KRW 101,346 KRW 80
Rev-Margin DCF 18,321 KRW 26,360 KRW 43,364 KRW 74
Economic Profit
Residual Income 7,662 KRW 8,405 KRW 12,631 KRW 76
ROIC Compounder 19,636 KRW 28,819 KRW 39,185 KRW 72
Growth Earnings
Growth-Adj P/E 24,777 KRW 35,395 KRW 46,013 KRW 68

Widest divergence: DCF Models (37,994 KRW) versus Asset-Based (5,924 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 89.7B KRW
Revenue growth (YoY) +33.4%
Net margin 28.1%
Return on equity 12.3%
Free cash flow 34.7B KRW FY2025
Operating margin 38.4%
More key figures
Dividend yield 1.7%
EPS growth (YoY) +125%
Net debt 1.8B KRW FY2020

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

Quality Score breakdown

Overall quality 73/100

Of which business quality 74 · Market factors (momentum, volatility) 14

Profitability 53
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 98
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 49
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 81
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

DEAR U Co., LTD. operates as a communication platform company in South Korea and internationally. The company offers everysing, a smart karaoke; Lysn, an interest-based community that enables its members to talk about their favorite music artists with their friends and meet other communities; and bubble, an app that allows to share messages back and forth …

Full company description

DEAR U Co., LTD. operates as a communication platform company in South Korea and internationally. The company offers everysing, a smart karaoke; Lysn, an interest-based community that enables its members to talk about their favorite music artists with their friends and meet other communities; and bubble, an app that allows to share messages back and forth with artists and fans. DEAR U Co., LTD. was founded in 2017 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

DEAR U Co reported revenue of 83.8B KRW in FY2025 versus 40.0B KRW in FY2021, a compound +20.3%/yr. Reported net income was 18.6B KRW in FY2025.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
83.8B KRW
Latest YoY
+12.0%
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.
+19.4%
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.
+45.1%
Avg. growth/yr (7Y) 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.
+117.3%
Revenue +20.3%/yr
FY21 40.0B KRW
FY22 49.2B KRW
FY23 75.7B KRW
FY24 74.9B KRW
FY25 83.8B KRW
Net income
FY21 −25.2B KRW
FY22 16.4B KRW
FY23 26.2B KRW
FY24 24.4B KRW
FY25 18.6B KRW

376300 screens 22% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "DEAR U Co Fair Value". https://www.fairvalue-calculator.com/stock/376300

Peer Group

Software - Application · 709 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 73 · Top 25%
Fair Value upside −23% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 28% · Top 25%
Operating margin (TTM) 38% · Top 25%
Revenue growth 33% · Top 25%
Dividend yield (TTM) 1.7% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Software - Application 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 3 · sector 0
FUTURE 100 · sector 38
PAST 49 · sector 13
HEALTH 99 · sector 98
DIVIDEND 33 · 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 - Application stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is DEAR U Co (376300) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 15,696 KRW versus a price of 20,250 KRW, about −22% (overvalued).
What is the fair value of 376300?
Our model-based fair value for DEAR U Co is 15,696 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 20,250 KRW.
What is the quality score of 376300?
DEAR U Co has a Quality Score of 73/100. 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 DEAR U Co (376300)?
DEAR U Co reported trailing-twelve-month revenue of about 89.7B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 376300?
The net profit margin of DEAR U Co is about 28.1%, meaning it keeps roughly 28.1% of revenue as net income. Based on the latest reported figures.
Does DEAR U Co pay a dividend?
DEAR U Co currently shows a dividend yield of about 1.34% 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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