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P&S Robotics Co (460940) Fair Value & Analysis

Technology · KR · Market cap 61.4B KRW

PS P&S Robotics Co 460940 · KQ
Price5,830 KRW
Fair Value2,654 KRW
Upside-54.5%
Quality31/100
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Expensive Growth
Highly profitable · 36.3% net margin
Low debt · negative free cash flow
0.95% dividend yield
Mixed vs. peers (4/9)
Narrow moat 41/100
Evidence: Medium Range 2,089 KRW – 3,318 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Share price +31.9% over the past month.

Below-average quality, and screening another 54% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3,318 KRW). The favourable scenario is already priced in.
  • Weak quality (31/100) 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 (2 years)

13,911 KRW 3,589 KRW Fair Value 2,654 KRW Jul 2024 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

24‑month range 3,589 KRW – 13,911 KRW · fair‑value band 2,089 KRW – 3,318 KRW · the 5,830 KRW price screens above the 2,654 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

P&S Robotics Co (460940) currently trades at 5,830 KRW, while our model-based Fair Value estimate is 2,654 KRW, implying the stock looks roughly 54.5% overvalued today. The Quality Score stands at 31/100 (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: medium).

Over the trailing twelve months, P&S Robotics Co generated revenue of 8.6B KRW at a net margin of 36.3%. Revenue declined 45.0% year over year. It earns a return on equity of 7.8%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 2,089 KRW (bear case) to 3,318 KRW (bull case); at 5,830 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 60% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -54%, 460940 screens cheaper 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 2,559 KRW 2,658 KRW 2,750 KRW 76
ROIC Compounder 1,677 KRW 1,770 KRW 1,852 KRW 72
Growth-Adj P/E 2,870 KRW 4,101 KRW 5,331 KRW 68
All 15 models by family
DCF Models
Owner Earnings 2,184 KRW 2,917 KRW 4,118 KRW 31
Earnings-Based
Graham-Dodd 1,390 KRW 5,452 KRW 7,400 KRW 54
Lynch FV 1,343 KRW 1,919 KRW 2,495 KRW 50
PEG = 1.0 1,343 KRW 1,919 KRW 2,495 KRW 46
EPV 1,677 KRW 1,770 KRW 1,852 KRW 59
Multiples
P/E Multiple 4,292 KRW 5,723 KRW 7,153 KRW 63
P/S Multiple 2,342 KRW 3,123 KRW 3,903 KRW 58
P/B Multiple 2,606 KRW 3,474 KRW 4,343 KRW 55
EV/EBIT 2,458 KRW 2,904 KRW 3,351 KRW 53
EV/EBITDA 2,356 KRW 2,769 KRW 3,182 KRW 54
EV/Revenue 1,794 KRW 2,085 KRW 2,376 KRW 43
Asset-Based
NCAV (Graham) 1,606 KRW 2,152 KRW 3,213 KRW 50
Economic Profit
Residual Income 2,559 KRW 2,658 KRW 2,750 KRW 76
ROIC Compounder 1,677 KRW 1,770 KRW 1,852 KRW 72
Growth Earnings
Growth-Adj P/E 2,870 KRW 4,101 KRW 5,331 KRW 68

Widest divergence: Growth Earnings (4,101 KRW) versus Economic Profit (1,770 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 8.6B KRW
Revenue growth (YoY) -45.0%
Net margin 36.3%
Return on equity 7.8%
Free cash flow −3.4B KRW FY2025
Operating margin -104%
More key figures
Dividend yield 0.8%
EPS growth (YoY) +89.3%

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

Quality Score breakdown

Overall quality 31/100

Of which business quality 36 · Market factors (momentum, volatility) 7

Profitability 41
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 20
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

P&S Robotics Co., Ltd. provides robotic system solutions in South Korea and internationally. The company offers Walkbot, a rehabilitation medical device that is robot-assisted training system for locomotion-impaired patients with various diseases, such as stroke, spinal cord injury, brain tumors, multiple sclerosis, cerebral palsy, etc.

Full company description

P&S Robotics Co., Ltd. provides robotic system solutions in South Korea and internationally. The company offers Walkbot, a rehabilitation medical device that is robot-assisted training system for locomotion-impaired patients with various diseases, such as stroke, spinal cord injury, brain tumors, multiple sclerosis, cerebral palsy, etc. It also provides Walkbot_G, a robot-assisted training rehabilitation system for adults and pediatric patients with eurological or musculoskeletal impairments; and Walkbot_K for children whose height from 86cm to 148cm. The company was formerly known as P&S Mechanics Co Ltd and changed its name to P&S Robotics Co., Ltd. in June 2025. P&S Robotics Co., Ltd. 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

P&S Robotics Co reported revenue of 7.6B KRW in FY2025 versus 5.8B KRW in FY2021, a compound +7.1%/yr. Reported net income was 2.7B KRW in FY2025, compounding +12.3%/yr from FY2021.

Growth Quality 56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
7.6B KRW
Latest YoY
+7.5%
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.
+13.6%
Revenue +7.1%/yr
FY21 5.8B KRW
FY22 5.2B KRW
FY23 6.0B KRW
FY24 7.1B KRW
FY25 7.6B KRW
Net income +12.3%/yr
FY21 1.7B KRW
FY22 1.5B KRW
FY23 1.4B KRW
FY24 2.3B KRW
FY25 2.7B KRW

460940 screens 54% overvalued. Compare with Compal Electronics, Inc →

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Cite: Fair Value Calculator (2026). "P&S Robotics Co Fair Value". https://www.fairvalue-calculator.com/stock/460940

Peer Group

Computer Hardware · 215 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 31 · Bottom 25%
Fair Value upside −55% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 3% · Above median
Net margin (TTM) 36% · Top 25%
Operating margin (TTM) -104% · Bottom 25%
Revenue growth -45% · Bottom 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 0
FUTURE 0 · sector 57
PAST 31 · sector 26
HEALTH 100 · sector 97
DIVIDEND 19 · sector 44

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

Stock Price Fair Value vs Fair Value
Compal Electronics, Inc CEIR $0.0310 $0.0276 -11%
Dell Technologies Inc DELL $434.97 $163.87 -62%
Arista Networks, Inc ANET $168.56 $43.74 -74%
Western Digital Corporation WDC $513.84 $74.05 -86%
Wiwynn Corporation 6669 4,685 TWD 1,559 TWD -67%
Hangzhou Hikvision Digital Technology Co 002415 ¥34.12 ¥30.11 -12%
Quanta Computer Inc 2382 373.50 TWD 297.22 TWD -20%
Shenzhen Longsys Electronics Co 301308 ¥587.60 ¥60.86 -90%
Lenovo Group 0992 HK$23.16 HK$3.07 -87%
Dawning Information Industry Co 603019 ¥106.13 ¥28.88 -73%

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Frequently asked questions

Is P&S Robotics Co (460940) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 2,654 KRW versus a price of 5,830 KRW, about −54% (overvalued).
What is the fair value of 460940?
Our model-based fair value for P&S Robotics Co is 2,654 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 5,830 KRW.
What is the quality score of 460940?
P&S Robotics Co has a Quality Score of 31/100. 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 P&S Robotics Co (460940)?
P&S Robotics Co reported trailing-twelve-month revenue of about 8.6B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 460940?
The net profit margin of P&S Robotics Co is about 36.3%, meaning it keeps roughly 36.3% of revenue as net income. Based on the latest reported figures.
Does P&S Robotics Co pay a dividend?
P&S Robotics Co currently shows a dividend yield of about 0.76% 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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