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STOCK COMPARISON

HANA Micron vs TES Co.: Fair Value & Quality

Both stocks run through our valuation models. Here is how HANA Micron (067310) and TES Co. (095610) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees HANA Micron as the less overvalued of the two: HANA Micron trades at KRW 34,850 versus a fair value of KRW 16,102 (-54%), while TES Co. trades at KRW 146,800 versus KRW 57,543 (-61%).
HANA Micron
067310.KQ · KRW · Information Technology
-54%
upside to fair value
overvalued
PriceKRW 34,850
Fair ValueKRW 16,102
Quality39/100
TES Co.
095610.KQ · KRW · Information Technology
-61%
upside to fair value
overvalued
PriceKRW 146,800
Fair ValueKRW 57,543
Quality69/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

HANA MicronTES Co.
Valuation
1.9×EV/EBITDA0.7×
−53.8%Fair value upside−60.8%
0.2%Dividend yield1.9%
Profitability
15%Operating margin14%
0.88×EBIT margin trend (5Y)1.32×
-278%Return on equity
7%Return on assets9%
Growth
25%Revenue growth (YoY)67%
19.7%Avg. growth/yr (3Y)-0.6%
23.3%Avg. growth/yr (5Y)7.4%
+1.6%Value creation/yr+17.2%
Balance & size
1.9×Interest coverage (EBIT/interest)91.2×
1.27×Debt / equity0.12×
$2BMarket cap$2B
healthyGrowth qualityhealthy

TES Co. leads: 4 to 7 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

HANA Micronof which business quality 40 · market factors 44 TES Co.of which business quality 68 · market factors 71
ProfitabilityMargins and returns on capital today
33
56
Quality GrowthAre margins and returns improving?
77
73
CashflowEarnings quality: real cash, not paper profit
42
62
Fin. StrengthBalance sheet, leverage, solvency risk
19
80
InvestmentDisciplined investing over empire-building
40
50
Low VolatilityCalm price path (market factor)
1
25
MomentumPrice trend over the last 3–12 months (market factor)
54
97
52W MomentumDistance to the 52-week high (market factor)
76
79
Net IssuanceBuybacks instead of dilution
40
87

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyHANA MicronPrice KRW 34,850TES Co.Price KRW 146,800
DCF Models-41%below the priceKRW 20,732-47%below the priceKRW 77,108
Earnings-Based-66%below the priceKRW 11,701-55%below the priceKRW 65,569
Dividend Discount-94%below the priceKRW 2,147-93%below the priceKRW 10,171
Multiples-50%below the priceKRW 17,468-64%below the priceKRW 53,527
Asset-Based-88%below the priceKRW 4,031-91%below the priceKRW 13,279
Growth DCF-55%below the priceKRW 15,673-51%below the priceKRW 71,996
Economic Profit-59%below the priceKRW 14,243-76%below the priceKRW 35,415
Growth Earnings-50%below the priceKRW 17,319-33%below the priceKRW 98,083
Minimum-94%below the priceKRW 2,147-93%below the priceKRW 10,171
Maximum-41%below the priceKRW 20,732-33%below the priceKRW 98,083
Median-57%below the priceKRW 14,958-59%below the priceKRW 59,548
Geometric mean-70%below the priceKRW 10,446-72%below the priceKRW 41,699

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

HANA Micron: 22 of 26 models see the stock below the current price.

TES Co.: 26 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

HANA Micron
Bear KRW 7,259Fair Value KRW 16,102Bull KRW 20,128
KRW 34,850 = current price (white tick)
TES Co.
Bear KRW 40,415Fair Value KRW 57,543Bull KRW 72,492
KRW 146,800 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

HANA Micron · Information Technology

Quality score39 · bottom 25%
Fair value upside-54% · below median

TES Co. · Information Technology

Quality score69 · Top 25%
Fair value upside-61% · below median

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees HANA Micron as the less overvalued of the two: HANA Micron trades at KRW 34,850 versus a fair value of KRW 16,102 (-54%), while TES Co. trades at KRW 146,800 versus KRW 57,543 (-61%).

TES Co. has the higher quality score (69/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.