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E8 Co.,Ltd. (418620) Fair Value & Analysis

Technology · KR · Market cap 13.0B KRW

EC E8 Co.,Ltd. 418620 · KQ
Price467.00 KRW
Fair Value59.83 KRW
Upside-87.2%
Quality21/100
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Risks

!Trades 681% ABOVE our fair value of 59.83 KRW
!Expensive Growth (revenue 3y +75.0 %/yr)
!Thin margins · 0.0% net margin
!negative free cash flow
Expensive Growth (revenue 3y +75.0 %/yr)
Thin margins · 0.0% net margin
negative free cash flow
Trails peers (0/6)
Narrow moat 8/100
Evidence: Low Range 39.49 KRW – 74.78 KRW Share as image

Fair value as of: Aug 22, 2026

From 1 valuation models · updated 3 days ago

Share price −32.5% over the past month.

Below-average quality, and trading another 681% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (74.78 KRW). The favourable scenario is already priced in.
  • Weak quality (21/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (39.49 KRW to 74.78 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (3 years)

18,507 KRW 467.00 KRW Fair Value 59.83 KRW Feb 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

30‑month range 467.00 KRW – 18,507 KRW · fair‑value band 39.49 KRW – 74.78 KRW · the 467.00 KRW price screens above the 59.83 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.

Full chart & analysis →

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Analysis

E8 Co.,Ltd. (418620) currently trades at 467.00 KRW, while our model-based Fair Value estimate is 59.83 KRW, implying the stock looks roughly 87.2% overvalued today. The Quality Score stands at 21/100 (below-average 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: low).

Trailing-twelve-month revenue stands at 1.3B KRW. Revenue declined 49.7% year over year. It earns a return on equity of -87.1%. Net debt stands at 5.1B KRW. Fundamentals as of Aug 22, 2026

Our scenario range runs from 39.49 KRW (bear case) to 74.78 KRW (bull case); at 467.00 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. For context, the median of 10 Technology peers we cover trades at -34% fair-value upside, at -87%, 418620 screens richer 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
NCAV (Graham) 367.74 KRW 492.77 KRW 735.47 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 367.74 KRW 492.77 KRW 735.47 KRW 50

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Key figures & financial health

P/S ratio 12.1 TTM
Return on equity -87.1% TTM
Return on assets -28.6% TTM
Operating margin -723% TTM
Revenue (TTM) 1.3B KRW TTM
Revenue growth (YoY) -49.7% 3y avg +75.0%
More key figures
Balance sheet & cash flow
Free cash flow −10.2B KRW FY2025
Net debt 5.1B KRW FY2024

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

Quality Score breakdown

Overall quality 21/100

Of which business quality 26 · Market factors (momentum, volatility) 6

Profitability 2
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 39
Disciplined investing over empire-building
Low Volatility 21
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 0
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

E8 Co.,Ltd. develops and supplies software solutions in South Korea. The company offers NFLOW, a particle-based fluid simulation software that includes NFLOW smoothed particle hydrodynamics for analyzing fluid flow by tracking the motion of fluid particles, as well as NFLOW Lattice Boltzmann methods for analyzing fluid flow using particle distribution …

Full company description

E8 Co.,Ltd. develops and supplies software solutions in South Korea. The company offers NFLOW, a particle-based fluid simulation software that includes NFLOW smoothed particle hydrodynamics for analyzing fluid flow by tracking the motion of fluid particles, as well as NFLOW Lattice Boltzmann methods for analyzing fluid flow using particle distribution functions; NDX PRO, a 3D digital twin platform; N3D WORKS for model optimization and process of various analysis condition for accurate computing fluid analysis; and N3D VIEW that provides visualization and report of computing fluid analysis result. Its products are used in smart cities, water management, bio and healthcare, manufacturing, aerospace, and renewable energy applications. The company was formerly known as E8IGHT Co.,ltd and change its name to E8 Co.,Ltd. in April 2026. The company was incorporated in 2012 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

E8 Co.,Ltd. reported revenue of 1.7B KRW in FY2025 versus 198M KRW in FY2021, a compound +70.1%/yr. Reported net income was −11.4B KRW in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.7B KRW
Latest YoY
−27.6%
Avg. revenue 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.
+75.0%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +70.1%/yr
FY21 198M KRW
FY22 309M KRW
FY23 3.7B KRW
FY24 2.3B KRW
FY25 1.7B KRW
Net income
FY21 −7.4B KRW
FY22 −8.1B KRW
FY23 −6.4B KRW
FY24 −10.8B KRW
FY25 −11.4B KRW

418620 screens 87% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "E8 Co.,Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/418620

Peer Group

Software - Application · 721 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 26 · Bottom 25%
Fair Value upside −87% · Bottom 25%
Return on assets -29% · Bottom 25%
Net margin (TTM) 0% · Below median
Revenue growth -50% · Bottom 25%

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

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

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SAP SE SAP €182.50 €169.59 -7%
Shopify Inc SHOP C$209.78 C$28.76 -86%
Uber Technologies, Inc UBER $75.36 $43.66 -42%
Salesforce, Inc CRM $193.32 $249.28 +29%
ServiceNow, Inc NOW $124.94 $43.73 -65%
Cadence Design Systems, Inc CDNS $323.13 $112.57 -65%
Snowflake Inc SNOW $332.26 $42.27 -87%
Adobe Inc ADBE $275.30 $454.04 +65%
Automatic Data Processing, Inc ADP $269.33 $177.51 -34%
Intuit Inc INTU $334.71 $363.46 +9%

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Frequently asked questions

Is E8 Co.,Ltd. (418620) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of 59.83 KRW versus a price of 467.00 KRW, about −87% (overvalued).
What is the fair value of 418620?
Our model-based fair value for E8 Co.,Ltd. is 59.83 KRW (as of Aug 22, 2026), built from audited fundamentals. The current price: 467.00 KRW.
What is the quality score of 418620?
E8 Co.,Ltd. has a Quality Score of 21/100. 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 E8 Co.,Ltd. (418620)?
E8 Co.,Ltd. reported trailing-twelve-month revenue of about 1.3B KRW (latest available figure, as of Aug 22, 2026).
What is the net profit margin of 418620?
The net profit margin of E8 Co.,Ltd. is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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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