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SEERS Co (458870) Fair Value & Analysis

Healthcare · KR · Market cap 1.1T KRW

SC SEERS Co 458870 · KQ
Price23,000 KRW
Fair Value5,932 KRW
Upside-74.2%
Quality60/100
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Expensive Growth
Highly profitable · 39.7% net margin
Low debt · generates free cash flow
Ranks above peers (9/10)
Wide moat 92/100
Evidence: High Range 3,830 KRW – 8,636 KRW Share as image

Fair value as of: Jul 21, 2026

From 23 valuation models · updated 20 days ago

Share price −32.0% over the past month.

A solid business, but screening 74% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (8,636 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (3,830 KRW to 8,636 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (2 years)

63,000 KRW 2,860 KRW Fair Value 5,932 KRW Jun 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

26‑month range 2,860 KRW – 63,000 KRW · fair‑value band 3,830 KRW – 8,636 KRW · the 23,000 KRW price screens above the 5,932 KRW fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

SEERS Co (458870) currently trades at 23,000 KRW, while our model-based Fair Value estimate is 5,932 KRW, implying the stock looks roughly 74.2% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Healthcare 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, SEERS Co generated revenue of 76.6B KRW at a net margin of 39.7%. It earns a return on equity of 80.4%. Net debt stands at 438M KRW. Fundamentals as of Jul 21, 2026

Our scenario range runs from 3,830 KRW (bear case) to 8,636 KRW (bull case); at 23,000 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 64% below its 52-week high and 258% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -26% fair-value upside, at -74%, 458870 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 BearBaseBull Evidence
Highest evidence
Growth DCF 492.50 KRW 710.39 KRW 1,076 KRW 80
ROIC Compounder 4,652 KRW 6,979 KRW 10,160 KRW 72
Growth-Adj P/E 13,346 KRW 19,065 KRW 24,785 KRW 68
All 23 models by family
DCF Models
FCF DCF 504.76 KRW 635.35 KRW 1,062 KRW 38
Owner Earnings 7,184 KRW 16,442 KRW 36,747 KRW 31
5Y Revenue Exit 2,181 KRW 4,066 KRW 8,054 KRW 39
5Y EBITDA Exit 3,838 KRW 7,418 KRW 14,471 KRW 41
5Y P/E Exit 5,246 KRW 12,961 KRW 23,751 KRW 38
10Y Revenue Exit 1,655 KRW 4,482 KRW 6,655 KRW 36
10Y EBITDA Exit 2,997 KRW 8,134 KRW 17,675 KRW 37
10Y P/E Exit 4,049 KRW 11,238 KRW 23,713 KRW 35
Earnings-Based
Graham-Dodd 2,875 KRW 20,047 KRW 28,133 KRW 54
Lynch FV 10,357 KRW 14,796 KRW 19,234 KRW 50
PEG = 1.0 10,357 KRW 14,796 KRW 19,234 KRW 46
EPV 3,681 KRW 4,279 KRW 4,810 KRW 59
Multiples
P/E Multiple 6,341 KRW 8,455 KRW 10,568 KRW 63
P/S Multiple 2,373 KRW 3,164 KRW 3,955 KRW 58
P/B Multiple 2,339 KRW 3,119 KRW 3,898 KRW 55
EV/EBIT 6,083 KRW 8,013 KRW 9,944 KRW 53
EV/EBITDA 4,809 KRW 6,315 KRW 7,821 KRW 54
EV/Revenue 2,506 KRW 3,456 KRW 4,405 KRW 43
Asset-Based
NCAV (Graham) 519.77 KRW 696.49 KRW 1,040 KRW 50
Growth DCF
Growth DCF 492.50 KRW 710.39 KRW 1,076 KRW 80
Economic Profit
Residual Income 3,664 KRW 5,482 KRW 78,533 KRW 61
ROIC Compounder 4,652 KRW 6,979 KRW 10,160 KRW 72
Growth Earnings
Growth-Adj P/E 13,346 KRW 19,065 KRW 24,785 KRW 68

Widest divergence: Growth Earnings (19,065 KRW) versus Asset-Based (696.49 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 76.6B KRW
Revenue growth (YoY) +700%
Net margin 39.7%
Return on equity 80.4%
Free cash flow 454M KRW FY2025
Operating margin 42.6%
More key figures
EPS growth (YoY) +2,990%
Net debt 438M KRW FY2023

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 58 · Market factors (momentum, volatility) 46

Profitability 93
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 62
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.

About the company

SEERS Co., Ltd. engages in the development, manufacturing, and sales of medical devices in South Korea. It offers wearable biosensor, electrocardiographic holter analyser, thermometer, pulse oximeter, monitoring dashboard, ward managing software, mobile monitoring software, medical AI, and medical adhesive material.

Full company description

SEERS Co., Ltd. engages in the development, manufacturing, and sales of medical devices in South Korea. It offers wearable biosensor, electrocardiographic holter analyser, thermometer, pulse oximeter, monitoring dashboard, ward managing software, mobile monitoring software, medical AI, and medical adhesive material. The company was formerly known as Seers Technology Co., LTD. The company was founded in 2009 and is headquartered in Pyeongtaek-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SEERS Co reported revenue of 48.2B KRW in FY2025 versus 1.4B KRW in FY2021, a compound +142.8%/yr. Reported net income was 16.1B KRW in FY2025.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
48.2B KRW
Latest YoY
+494.7%
Avg. growth/yr (3Y)
+247.0%
Revenue +142.8%/yr
FY21 1.4B KRW
FY22 1.2B KRW
FY23 1.9B KRW
FY24 8.1B KRW
FY25 48.2B KRW
Net income
FY21 −4.4B KRW
FY22 −8.0B KRW
FY23 −9.9B KRW
FY24 −8.9B KRW
FY25 16.1B KRW

458870 screens 74% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "SEERS Co Fair Value". https://www.fairvalue-calculator.com/stock/458870

Peer Group

Medical Devices · 351 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 60 · Above median
Fair Value upside −74% · Bottom 25%
Return on equity (TTM) 80% · Top 25%
Return on assets 25% · Top 25%
Net margin (TTM) 40% · Top 25%
Operating margin (TTM) 43% · Top 25%
Revenue growth 700% · Top 25%

Valuation Multiples vs Medical Devices median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 1.7× · Cheaper than 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 0
FUTURE 100 · sector 27
PAST 100 · sector 8
HEALTH 100 · sector 97
DIVIDEND 0 · sector 38

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
DexCom, Inc DXCM $74.96 $38.95 -48%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%

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Frequently asked questions

Is SEERS Co (458870) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 5,932 KRW versus a price of 23,000 KRW, about −74% (overvalued).
What is the fair value of 458870?
Our model-based fair value for SEERS Co is 5,932 KRW (as of Jul 21, 2026), built from audited fundamentals. The current price is 23,000 KRW.
What is the quality score of 458870?
SEERS 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 revenue of SEERS Co (458870)?
SEERS Co reported trailing-twelve-month revenue of about 76.6B KRW (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 458870?
The net profit margin of SEERS Co is about 39.7%, meaning it keeps roughly 39.7% 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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