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Ecoeye Co (448280) Fair Value & Analysis

Industrials · KR · Market cap 203B KRW

EC Ecoeye Co 448280 · KQ
Price7,930 KRW
Fair Value1,024 KRW
Upside-87.1%
Quality42/100
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Weak Growth
Thin margins · 0.4% net margin
negative free cash flow
1.01% dividend yield
Trails peers (1/8)
Narrow moat 22/100
Evidence: Medium Range 767.99 KRW – 1,280 KRW Share as image

Fair value as of: Jul 22, 2026

From 6 valuation models · updated 19 days ago

Share price +12.0% over the past month.

Below-average quality, and screening another 87% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1,280 KRW). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (3 years)

25,892 KRW 4,643 KRW Fair Value 1,024 KRW Nov 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

33‑month range 4,643 KRW – 25,892 KRW · fair‑value band 767.99 KRW – 1,280 KRW · the 7,930 KRW price screens above the 1,024 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Ecoeye Co (448280) currently trades at 7,930 KRW, while our model-based Fair Value estimate is 1,024 KRW, implying the stock looks roughly 87.1% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, Ecoeye Co generated revenue of 32.8B KRW at a net margin of 0.4%. Revenue grew 51.7% year over year. It earns a return on equity of 0.1%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 767.99 KRW (bear case) to 1,280 KRW (bull case); at 7,930 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 51% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -87%, 448280 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
Residual Income 2,969 KRW 2,797 KRW 2,157 KRW 76
P/E Multiple 948.69 KRW 1,265 KRW 1,581 KRW 63
P/B Multiple 767.99 KRW 1,024 KRW 1,280 KRW 55
All 6 models by family
DCF Models
Owner Earnings 988.95 KRW 1,298 KRW 1,907 KRW 31
Earnings-Based
Graham-Dodd 409.59 KRW 550.09 KRW 635.55 KRW 54
Multiples
P/E Multiple 948.69 KRW 1,265 KRW 1,581 KRW 63
P/B Multiple 767.99 KRW 1,024 KRW 1,280 KRW 55
Asset-Based
NCAV (Graham) 2,114 KRW 2,832 KRW 4,227 KRW 50
Economic Profit
Residual Income 2,969 KRW 2,797 KRW 2,157 KRW 76

Widest divergence: Asset-Based (2,832 KRW) versus Earnings-Based (550.09 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 32.8B KRW
Revenue growth (YoY) +51.7%
Net margin 0.4%
Return on equity 0.1%
Free cash flow −7.8B KRW FY2025
Operating margin -69.0%
More key figures
Dividend yield 0.8%
EPS growth (YoY) +948%

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 19

Profitability 18
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 82
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

Ecoeye Co., Ltd. provides carbon credits in South Korea. The company develops, implements, and finances carbon credit projects on clean cooking initiative, blue carbon, renewable energy, sustainable agriculture, and other projects. It is also involved in the carbon credit trading, emission trading scheme advisory, and market analysis activities.

Full company description

Ecoeye Co., Ltd. provides carbon credits in South Korea. The company develops, implements, and finances carbon credit projects on clean cooking initiative, blue carbon, renewable energy, sustainable agriculture, and other projects. It is also involved in the carbon credit trading, emission trading scheme advisory, and market analysis activities. The company was founded in 2003 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

Ecoeye Co reported revenue of 30.9B KRW in FY2025 versus 27.0B KRW in FY2021, a compound +3.4%/yr. Reported net income was 1.8B KRW in FY2025, compounding −31.3%/yr from FY2021.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
30.9B KRW
Latest YoY
+20.0%
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.
−19.9%
Revenue +3.4%/yr
FY21 27.0B KRW
FY22 60.1B KRW
FY23 64.8B KRW
FY24 25.8B KRW
FY25 30.9B KRW
Net income −31.3%/yr
FY21 8.0B KRW
FY22 15.6B KRW
FY23 15.7B KRW
FY24 2.3B KRW
FY25 1.8B KRW

448280 screens 87% overvalued. Compare with CITIC Limited →

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Cite: Fair Value Calculator (2026). "Ecoeye Co Fair Value". https://www.fairvalue-calculator.com/stock/448280

Peer Group

Conglomerates · 369 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 42 · Bottom 25%
Fair Value upside −87% · Bottom 25%
Return on equity (TTM) 0% · Below median
Return on assets -0% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) -69% · Bottom 25%
Revenue growth 52% · Top 25%
Dividend yield (TTM) 1.0% · Below median

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 0 · sector 20
FUTURE 100 · sector 16
PAST 0 · sector 20
HEALTH 0 · sector 88
DIVIDEND 20 · sector 39

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%
Doosan Corporation 000155 464,000 KRW 75,620 KRW -84%
Thermax Limited THERMAX ₹4,809 ₹1,087 -77%

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Frequently asked questions

Is Ecoeye Co (448280) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,024 KRW versus a price of 7,930 KRW, about −87% (overvalued).
What is the fair value of 448280?
Our model-based fair value for Ecoeye Co is 1,024 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 7,930 KRW.
What is the quality score of 448280?
Ecoeye Co has a Quality Score of 42/100. 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 Ecoeye Co (448280)?
Ecoeye Co reported trailing-twelve-month revenue of about 32.8B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 448280?
The net profit margin of Ecoeye Co is about 0.4%, meaning it keeps roughly 0.4% of revenue as net income. Based on the latest reported figures.
Does Ecoeye Co pay a dividend?
Ecoeye Co currently shows a dividend yield of about 0.80% 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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