EN DE

Samsung FN REIT Co (448730) Fair Value & Analysis

Real Estate · KR · Market cap 500B KRW

SF Samsung FN REIT Co 448730 · KO
Price5,530 KRW
Fair Value925.14 KRW
Upside-83.3%
Quality60/100
Watch Samsung FN REIT Co for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
5.00% dividend yield
Trails peers (4/11)
Narrow moat 30/100
Evidence: Medium Range 455.09 KRW – 2,078 KRW Share as image

Fair value as of: Jul 22, 2026

From 12 valuation models · updated 19 days ago

Share price +3.6% over the past month.

A solid business, but screening 83% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,078 KRW). The favourable scenario is already priced in.
  • The model range is unusually wide (455.09 KRW to 2,078 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (3 years)

7,274 KRW 3,902 KRW Fair Value 925.14 KRW Apr 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

40‑month range 3,902 KRW – 7,274 KRW · fair‑value band 455.09 KRW – 2,078 KRW · the 5,530 KRW price screens above the 925.14 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Samsung FN REIT Co (448730) currently trades at 5,530 KRW, while our model-based Fair Value estimate is 925.14 KRW, implying the stock looks roughly 83.3% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Real Estate 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).

Net debt stands at 614B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 455.09 KRW (bear case) to 2,078 KRW (bull case); at 5,530 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 27% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -20% fair-value upside, at -83%, 448730 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (131.67 KRW to 2,955 KRW). Read the values as a conservative anchor, not as a price target.
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 37.50 KRW 1,967 KRW 6,033 KRW 80
Residual Income 3,042 KRW 2,825 KRW 2,078 KRW 76
P/S Multiple 455.09 KRW 606.78 KRW 758.48 KRW 58
All 12 models by family
DCF Models
FCF DCF 163.42 KRW 1,505 KRW 5,890 KRW 38
5Y Revenue Exit 1,335 KRW 39
5Y EBITDA Exit 925.14 KRW 3,382 KRW 41
10Y Revenue Exit 748.47 KRW 1,606 KRW 36
10Y EBITDA Exit 1,879 KRW 5,601 KRW 37
Multiples
P/S Multiple 455.09 KRW 606.78 KRW 758.48 KRW 58
P/B Multiple 455.09 KRW 606.78 KRW 758.48 KRW 55
EV/EBIT 131.67 KRW 671.21 KRW 53
EV/EBITDA 401.48 KRW 54
Asset-Based
NCAV (Graham) 2,205 KRW 2,955 KRW 4,411 KRW 50
Growth DCF
Growth DCF 37.50 KRW 1,967 KRW 6,033 KRW 80
Economic Profit
Residual Income 3,042 KRW 2,825 KRW 2,078 KRW 76

Widest divergence: Asset-Based (2,955 KRW) versus Multiples (606.78 KRW). Highest evidence: Growth DCF (80).

Notify me when 448730 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Free cash flow 11.2B KRW FY2026
Dividend yield 5.0%
Net debt 614B KRW FY2026

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 54

Profitability 28
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 22
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 80
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

Samsung FN REIT Co., Ltd. engages in non-residential building rental business. The company was founded in 2022 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2023 – FY2026 · reported fiscal years

Samsung FN REIT Co reported revenue of 13.4B KRW in FY2026 versus 6.8B KRW in FY2023, a compound +25.3%/yr. Reported net income was 3.2B KRW in FY2026.

Growth Quality 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
13.4B KRW
Latest YoY
+10.2%
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.
+25.3%
Revenue +25.3%/yr
FY23 6.8B KRW
FY25 12.2B KRW
FY26 13.4B KRW
Net income
FY23 −1.1B KRW
FY25 3.1B KRW
FY26 3.2B KRW

448730 screens 83% overvalued. Compare with MERLIN Properties SOCIMI, S.A →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Samsung FN REIT Co Fair Value". https://www.fairvalue-calculator.com/stock/448730

Peer Group

REIT - Office · 75 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 61 · Top 25%
Fair Value upside −83% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 0% · Above median
Dividend yield (TTM) 5.0% · Below median
Debt / equity 0.50× · Lower than median

Valuation Multiples vs REIT - Office median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 34.1× · Pricier 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 0 · sector 33
FUTURE 0 · sector 0
PAST 0 · sector 5
HEALTH 75 · sector 64
DIVIDEND 100 · sector 100

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

Stock Price Fair Value vs Fair Value
MERLIN Properties SOCIMI, S.A MRL €15.23 €6.46 -58%
BXP, Inc BXP $69.11 $53.27 -23%
Vornado Realty Trust VNORP $51.75 $41.59 -20%
Alexandria Real Estate Equities, Inc ARE $50.12 $59.48 +19%
Hudson Pacific Properties, Inc HPP $15.38 $4.60 -70%
Mapletree Pan Asia Commercial Trust N2IU 1.28 SGD 1.14 SGD -11%
Cousins Properties Incorporated CUZ $32.15 $17.62 -45%
Kilroy Realty Corporation KRC $39.42 $40.37 +2%
Keppel DC REIT AJBU 2.20 SGD 1.68 SGD -24%
DEXUS DXS A$5.64 A$4.49 -20%

Compare Samsung FN REIT Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Samsung FN REIT Co (448730) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 925.14 KRW versus a price of 5,530 KRW, about −83% (overvalued).
What is the fair value of 448730?
Our model-based fair value for Samsung FN REIT Co is 925.14 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 5,530 KRW.
What is the quality score of 448730?
Samsung FN REIT Co has a Quality Score of 60/100. 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 net profit margin of 448730?
The net profit margin of Samsung FN REIT Co is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does Samsung FN REIT Co pay a dividend?
Samsung FN REIT Co currently shows a dividend yield of about 5.08% 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.

14 days Pro free · no card

Track Samsung FN REIT Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.