Studio Mir Co. Ltd. (408900) fair value: what the stock is really worth
As of Oct 6, 2026: fair value of Studio Mir Co. Ltd. KRW 766, price KRW 1,001, upside -23.5%, quality 39 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Studio Mir Co., LTD operates as an animation production and planning company. The company was founded in 1986 and is headquartered in Seoul, South Korea.
Stock analysis
Studio Mir Co. Ltd. (408900) currently trades at 1,001 KRW, while our model-based Fair Value estimate is 765.66 KRW, 23.5% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 93/100, which puts the evidence level at low.
Scenario range: 505.33 KRW (bear) to 957.07 KRW (bull), the price of 1,001 KRW sits above 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 39/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Studio Mir Co. Ltd. reported revenue of 16.4B KRW in FY2025 versus 14.4B KRW in FY2021, a compound +3.3%/yr. Reported net income was −1.4B KRW in FY2025.
Key figures
Market cap 32.6B KRW (≈ $24.3M) · P/S ratio 1.99 · Net margin −8.7% · Return on equity −0.2% · Return on assets (EBIT) −0.6% · Operating margin −11.1% · Revenue (TTM) 16.4B KRW · Revenue growth (YoY) +7.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 76% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −2% fair-value upside, at −24%, 408900 screens richer than that median.
Fair Value models
Bear 505.33 KRWFair Value 765.66 KRWBull 957.07 KRW
Price 1,001 KRW · Upside -23.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. 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.Evidence ⓘEvidence = 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.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−6.7%
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.
−14.0%
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
−13.2% (2021) → −13.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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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.Entertainment · 237 stocks
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). "Studio Mir Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/408900
Frequently asked questions
Is Studio Mir Co. Ltd. (408900) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 765.66 KRW versus a price of 1,001 KRW, about −24% upside (overvalued).
What is the fair value of 408900?
Our model-based fair value for Studio Mir Co. Ltd. is 765.66 KRW (as of Oct 3, 2026), built from audited fundamentals. The current price: 1,001 KRW.
What is the quality score of 408900?
Studio Mir Co. Ltd. has a Quality Score of 39/100. 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 Studio Mir Co. Ltd. (408900)?
Our model-based price target is the fair value of 765.66 KRW (as of Oct 3, 2026) from 1 valuation models. Cautious scenario 505.33 KRW, optimistic scenario 957.07 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Studio Mir Co. Ltd. stock forecast for 2026?
Our models put fair value at 765.66 KRW, about −24% upside versus a price of 1,001 KRW (overvalued). Cautious scenario 505.33 KRW, optimistic scenario 957.07 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Studio Mir Co. Ltd. (408900)?
Studio Mir Co. Ltd. reported trailing-twelve-month revenue of about 16.4B KRW (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of Studio Mir Co. Ltd. (408900)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Studio Mir Co. Ltd. it is 765.66 KRW per share (as of Oct 3, 2026), against a price of 1,001 KRW. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Studio Mir Co. Ltd. stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 408900 trades above its calculated fair value: price 1,001 KRW, fair value 765.66 KRW, a gap of about −24% (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 408900?
No. The price is what the market pays today (1,001 KRW); the fair value is what the company's own numbers justify (765.66 KRW). For Studio Mir Co. Ltd. the two are 235.34 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Studio Mir Co. Ltd. worth?
The market values Studio Mir Co. Ltd. at about 32.6B KRW (market capitalisation, as of Oct 3, 2026). Per share that is 1,001 KRW; our models calculate a fair value of 765.66 KRW per share.
What do the bullish and bearish scenarios say about 408900?
Our models span a range for Studio Mir Co. Ltd.: cautious scenario 505.33 KRW, base 765.66 KRW, optimistic 957.07 KRW per share (as of Oct 3, 2026, price 1,001 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Studio Mir Co. Ltd. (408900)?
Balance-sheet figures for Studio Mir Co. Ltd. (as of Oct 3, 2026): return on equity −0.2%. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 408900 from its 52-week high?
Studio Mir Co. Ltd. trades at 1,001 KRW, about 76% below its 52-week high of 4,235 KRW and 16% above the low of 866.00 KRW (as of Oct 6, 2026). Distance from the high says nothing about value: that is what the fair value of 765.66 KRW is for.
Which stocks are comparable to Studio Mir Co. Ltd.?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, Warner Bros. Discovery, Inc, Live Nation Entertainment, Inc, 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 Studio Mir Co. Ltd. stock attractive at the current price?
The data as of Oct 3, 2026: price 1,001 KRW, calculated fair value 765.66 KRW (−24%), Quality Score 39/100, from 1 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 408900 calculated?
We run Studio Mir Co. Ltd. through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 765.66 KRW, 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 15.4 % above its aggregate fair value. Studio Mir 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 Studio Mir Co. Ltd. (408900)?
The closing price on Oct 6, 2026 was 1,001 KRW. Our model-based fair value is 765.66 KRW, about −24% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Studio Mir Co. Ltd. right now?
The price sits above even our optimistic bull case (957.07 KRW). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (505.33 KRW to 957.07 KRW) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Studio Mir Co. Ltd.
How large is the market capitalisation of Studio Mir Co. Ltd. (408900)?
The market capitalisation of Studio Mir Co. Ltd. is 32.6B KRW (≈ $24.3M). 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 Studio Mir Co. Ltd. (408900)?
The price-to-sales ratio of Studio Mir Co. Ltd. is 1.99 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Studio Mir Co. Ltd. (408900)?
The net margin of Studio Mir Co. Ltd. is −8.7% (fiscal year 2025). 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 Studio Mir Co. Ltd. (408900)?
The return on equity (ROE) of Studio Mir Co. Ltd. is −0.2% (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 Studio Mir Co. Ltd. (408900)?
On an EBIT basis the return on assets of Studio Mir Co. Ltd. is −0.6% (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 Studio Mir Co. Ltd. (408900)?
The operating margin of Studio Mir Co. Ltd. is −11.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Studio Mir Co. Ltd. (408900)?
Revenue at Studio Mir Co. Ltd. is growing +7.7% versus a year earlier (3y avg −14.0%). 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 Studio Mir Co. Ltd. (408900)?
Earnings per share at Studio Mir Co. Ltd. are growing +50.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Studio Mir Co. Ltd. (408900) generate?
The free cash flow of Studio Mir Co. Ltd. is −1.5B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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