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Aiji net (462980) Fair Value & Analysis

Technology · KR · Market cap 24.9B KRW

AN Aiji net 462980 · KQ
Price1,452 KRW
Fair Value3,926 KRW
Upside+170.4%
Quality45/100
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Strengths

Trades 63% below our fair value of 3,926 KRW
Ranks above peers (6/7)

Risks

!Expensive Growth (revenue 3y +79.9 %/yr)
!Thin margins · 7.4% net margin
!negative free cash flow
!Narrow moat 44/100
Expensive Growth (revenue 3y +79.9 %/yr)
Thin margins · 7.4% net margin
negative free cash flow
Ranks above peers (6/7)
Narrow moat 44/100
Evidence: Medium Range 2,944 KRW – 4,907 KRW Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 11 days ago

Share price +5.7% over the past month.

Below-average quality, trading 63% below our fair value.

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

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What matters now

  • The price is below even our cautious bear case (2,944 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (19 months)

4,570 KRW 1,229 KRW Fair Value 3,926 KRW Feb 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

19‑month range 1,229 KRW – 4,570 KRW · fair‑value band 2,944 KRW – 4,907 KRW · the 1,452 KRW price screens below the 3,926 KRW fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Aiji net (462980) currently trades at 1,452 KRW, while our model-based Fair Value estimate is 3,926 KRW, implying the stock looks roughly 170.4% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Aiji net generated revenue of 40.2B KRW at a net margin of 7.4%. Revenue grew 15.6% year over year. It earns a return on equity of 14.2%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2,944 KRW (bear case) to 4,907 KRW (bull case); at 1,452 KRW, the current price sits below 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 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -34% fair-value upside, at 170%, 462980 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
Growth-Adj P/E 4,960 KRW 7,086 KRW 9,212 KRW 68
ROIC Compounder 2,447 KRW 3,664 KRW 4,394 KRW 67
P/E Multiple 2,944 KRW 3,926 KRW 4,907 KRW 63
All 14 models by family
Earnings-Based
Graham-Dodd 953.38 KRW 6,649 KRW 9,331 KRW 54
Lynch FV 3,435 KRW 4,907 KRW 6,379 KRW 50
PEG = 1.0 3,435 KRW 4,907 KRW 6,379 KRW 46
EPV 1,919 KRW 2,148 KRW 2,348 KRW 59
Multiples
P/E Multiple 2,944 KRW 3,926 KRW 4,907 KRW 63
P/S Multiple 1,788 KRW 2,383 KRW 2,979 KRW 58
P/B Multiple 1,788 KRW 2,383 KRW 2,979 KRW 55
EV/EBIT 3,832 KRW 4,928 KRW 6,023 KRW 53
EV/EBITDA 3,818 KRW 4,909 KRW 5,999 KRW 54
EV/Revenue 2,207 KRW 2,919 KRW 3,631 KRW 43
Asset-Based
NCAV (Graham) 606.04 KRW 812.10 KRW 1,212 KRW 50
Economic Profit
Residual Income 1,110 KRW 1,301 KRW 2,686 KRW 61
ROIC Compounder 2,447 KRW 3,664 KRW 4,394 KRW 67
Growth Earnings
Growth-Adj P/E 4,960 KRW 7,086 KRW 9,212 KRW 68

Widest divergence: Growth Earnings (7,086 KRW) versus Asset-Based (812.10 KRW). Highest evidence: Growth-Adj P/E (68).

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Key figures & financial health

P/S ratio 0.62 TTM
Net margin 7.4% TTM
Return on equity 14.2% TTM
Return on assets 5.0% TTM
Operating margin 7.3% TTM
Revenue (TTM) 40.2B KRW TTM
More key figures
Growth
Revenue growth (YoY) +15.6% 3y avg +79.9%
EPS growth (YoY) +12.3%
Balance sheet & cash flow
Free cash flow −3.0B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 45 · Market factors (momentum, volatility) 12

Profitability 56
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 23
Disciplined investing over empire-building
Low Volatility 18
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 74
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

Aijinet Inc. operates in the insurance industry in South Korea. It offers B2C Bodak app, an AI analysis and diagnosis insurance solutions based on My Data insurance and health information for individuals; and B2B Bodak, an AI engine that provides results through product diagnosis, and terms and conditions analysis.

Full company description

Aijinet Inc. operates in the insurance industry in South Korea. It offers B2C Bodak app, an AI analysis and diagnosis insurance solutions based on My Data insurance and health information for individuals; and B2B Bodak, an AI engine that provides results through product diagnosis, and terms and conditions analysis. The company was founded in 2014 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Aiji net reported revenue of 39.0B KRW in FY2025 versus 6.7B KRW in FY2022, a compound +79.9%/yr. Reported net income was 2.6B 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)
39.0B KRW
Latest YoY
+67.2%
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.
+79.9%
Value creation/yr We only publish this rate when it is defensible. Reason: no profitable base year
not computed
Revenue +79.9%/yr
FY22 6.7B KRW
FY23 13.0B KRW
FY24 23.3B KRW
FY25 39.0B KRW
Net income
FY22 −19.2B KRW
FY23 −12.6B KRW
FY24 152M KRW
FY25 2.6B KRW

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Cite: Fair Value Calculator (2026). "Aiji net Fair Value". https://www.fairvalue-calculator.com/stock/462980

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 45 · Below median
Fair Value upside +170% · Top 25%
Return on equity (TTM) 14% · Above median
Return on assets 5% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 16% · Above 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE78 · sector 39
PAST57 · sector 11
HEALTH0 · sector 98
DIVIDEND0 · sector 29

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 13, 2026).

Stock Price Fair Value vs Fair Value
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 Aiji net (462980) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 3,926 KRW versus a price of 1,452 KRW, about +170% (undervalued).
What is the fair value of 462980?
Our model-based fair value for Aiji net is 3,926 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 1,452 KRW.
What is the quality score of 462980?
Aiji net has a Quality Score of 45/100. 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 Aiji net (462980)?
Aiji net reported trailing-twelve-month revenue of about 40.2B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 462980?
The net profit margin of Aiji net is about 7.4%, meaning it keeps roughly 7.4% 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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