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The BORN Korea (475560) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 207B KRW

TB The BORN Korea 475560 · KO
Price19,200 KRW
Fair Value10,108 KRW
Upside-47.4%
Quality35/100
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Risks

!Trades 90% ABOVE our fair value of 10,108 KRW
!Expensive Growth (revenue 5y +19.1 %/yr)
!Loss-making · -7.9% net margin
!Low debt · negative free cash flow
Expensive Growth (revenue 5y +19.1 %/yr)
Loss-making · -7.9% net margin
Low debt · negative free cash flow
3.63% dividend yield
Trails peers (1/9)
Narrow moat 16/100
Evidence: Low Range 6,671 KRW – 12,635 KRW Share as image

Fair value as of: Aug 22, 2026

From 1 valuation models · updated 3 days ago

Share price +37.3% over the past month.

Below-average quality, and trading another 90% above our fair value.

What runs behind every stock

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

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What matters now

  • The price sits above even our optimistic bull case (12,635 KRW). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (6,671 KRW to 12,635 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (22 months)

50,009 KRW 12,700 KRW Fair Value 10,108 KRW Nov 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

22‑month range 12,700 KRW – 50,009 KRW · fair‑value band 6,671 KRW – 12,635 KRW · the 19,200 KRW price screens above the 10,108 KRW fair value. Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

The BORN Korea (475560) currently trades at 19,200 KRW, while our model-based Fair Value estimate is 10,108 KRW, implying the stock looks roughly 47.4% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Consumer Cyclical 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: low).

Over the trailing twelve months, The BORN Korea generated revenue of 330B KRW at a net margin of -7.9%. Revenue declined 28.1% year over year. It earns a return on equity of -10.2%. Fundamentals as of Aug 22, 2026

Our scenario range runs from 6,671 KRW (bear case) to 12,635 KRW (bull case); at 19,200 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 34% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -48% fair-value upside, at -47%, 475560 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
NCAV (Graham) 8,295 KRW 11,115 KRW 16,590 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 8,295 KRW 11,115 KRW 16,590 KRW 50

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Key figures & financial health

P/S ratio 0.72 TTM
Dividend yield 3.1%
Net margin -7.9% TTM
Return on equity -10.2% TTM
Return on assets -6.5% TTM
Operating margin -5.3% TTM
More key figures
Growth
Revenue (TTM) 330B KRW TTM
Revenue growth (YoY) -28.1% 3y avg +8.6%
EPS growth (YoY) -72.6%
Balance sheet & cash flow
Free cash flow −44.1B KRW FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 41 · Market factors (momentum, volatility) 30

Profitability 29
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 26
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 29
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 21
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

The Born Korea engages in the restaurant business. It operates direct and franchise restaurants in South Korea, the United States, China, Japan, Singapore, Indonesia, Malaysia, the Philippines, and Vietnam. The company was founded in 1993 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

The BORN Korea reported revenue of 361B KRW in FY2025 versus 194B KRW in FY2021, a compound +16.8%/yr. Reported net income was −17.4B KRW in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
361B KRW
Latest YoY
−22.2%
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.
+8.6%
Avg. revenue growth/yr (5Y) 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.
+19.1%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +16.8%/yr
FY21 194B KRW
FY22 282B KRW
FY23 411B KRW
FY24 464B KRW
FY25 361B KRW
Net income
FY21 11.7B KRW
FY22 16.1B KRW
FY23 21.1B KRW
FY24 31.1B KRW
FY25 −17.4B KRW

475560 screens 47% overvalued. Compare with McDonald's Corporation →

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Cite: Fair Value Calculator (2026). "The BORN Korea Fair Value". https://www.fairvalue-calculator.com/stock/475560

Peer Group

Restaurants · 230 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 41 · Bottom 25%
Fair Value upside −47% · Bottom 25%
Return on assets -6% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth -28% · Bottom 25%
Dividend yield (TTM) 2.6% · Below median
Debt / equity 0.00× · Lower 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 24
FUTURE0 · sector 18
PAST0 · sector 16
HEALTH100 · sector 97
DIVIDEND52 · sector 68

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

Insider activity: 45/100

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

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCD $265.53 $149.03 -44%
Starbucks Corporation SBUX $108.49 $35.83 -67%
Chipotle Mexican Grill, Inc CMG $34.66 $17.92 -48%
Yum! Brands, Inc YUM $150.34 $58.17 -61%
Restaurant Brands International Inc QSR C$104.50 C$36.37 -65%
Darden Restaurants, Inc DRI $218.86 $173.68 -21%
Yum China Holdings YUMC $47.90 $54.27 +13%
Texas Roadhouse, Inc TXRH $214.28 $104.89 -51%
Dutch Bros Inc BROS $51.02 $12.80 -75%
Domino's Pizza, Inc DPZ $336.52 $227.31 -32%

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Frequently asked questions

Is The BORN Korea (475560) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of 10,108 KRW versus a price of 19,200 KRW, about −47% (overvalued).
What is the fair value of 475560?
Our model-based fair value for The BORN Korea is 10,108 KRW (as of Aug 22, 2026), built from audited fundamentals. The current price: 19,200 KRW.
What is the quality score of 475560?
The BORN Korea has a Quality Score of 35/100. 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 The BORN Korea (475560)?
The BORN Korea reported trailing-twelve-month revenue of about 330B KRW (latest available figure, as of Aug 22, 2026).
What is the net profit margin of 475560?
The net profit margin of The BORN Korea is about -7.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does The BORN Korea pay a dividend?
The BORN Korea currently shows a dividend yield of about 3.12% relative to its recent price (as of Aug 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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