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PSK HOLDINGS Inc (031980) Fair Value & Analysis

Technology · KR · Market cap 3.0T KRW (≈ $2.1B) · ISIN KR7319660007

What is PSK HOLDINGS Inc really worth?

PH PSK HOLDINGS Inc 031980 · KQ
Price144,000 KRW
Fair Value74,962 KRW
Upside−47.9%
Quality65/100

A solid business, but trading 92% above our fair value of 74,962 KRW.

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Strengths

Highly profitable · 46.7% net margin
Low debt · generates free cash flow
Wide moat 77/100

Risks

!Mixed Growth (revenue 5y +39.2 %/yr)
!Mixed vs. peers (5/9)
!Evidence only medium, so the estimate is less certain

For context

·1.49% dividend yield
Evidence: Medium Range 54,165 KRW – 95,866 KRW

Fair value as of: Aug 20, 2026

From 24 valuation models · updated 16 days ago

Fair value updated Aug 20, 2026, revised from 58,508 KRW to 74,962 KRW (+28.1%) since Aug 13, 2026. Share price +48.3% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (95,866 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

166,500 KRW 5,930 KRW Fair Value 74,962 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range 5,930 KRW – 166,500 KRW · fair‑value band 54,165 KRW – 95,866 KRW · the 144,000 KRW price screens above the 74,962 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

PSK HOLDINGS Inc (031980) currently trades at 144,000 KRW, while our model-based Fair Value estimate is 74,962 KRW, implying the stock looks roughly 92.1% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of 124,381 KRW per share, and 4 of the 24 models we run sit above the 144,000 KRW price. Bear case: the Asset-Based group reads lowest at 15,734 KRW, and 20 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, PSK HOLDINGS Inc generated revenue of 74.8B KRW at a net margin of 46.7%. Revenue declined 27.4% year over year. Fundamentals as of Aug 20, 2026

Our scenario range runs from 54,165 KRW (bear case) to 95,866 KRW (bull case); at 144,000 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 near its 52-week high and 384% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −56% fair-value upside, at −48%, 031980 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF 66,135 KRW 113,770 KRW 245,166 KRW 75
EPV 36,854 KRW 41,952 KRW 46,483 KRW 74
Growth DCF 64,176 KRW 127,622 KRW 249,181 KRW 74
All 24 models by family
DCF Models
FCF DCF 66,135 KRW 113,770 KRW 245,166 KRW 75
Owner Earnings 78,704 KRW 164,515 KRW 344,471 KRW 71
5Y Revenue Exit 47,383 KRW 80,063 KRW 131,109 KRW 71
5Y EBITDA Exit 59,318 KRW 106,716 KRW 176,467 KRW 73
5Y P/E Exit 86,643 KRW 171,752 KRW 278,899 KRW 68
10Y Revenue Exit 51,492 KRW 88,722 KRW 143,102 KRW 65
10Y EBITDA Exit 61,225 KRW 110,552 KRW 195,906 KRW 66
10Y P/E Exit 80,607 KRW 160,531 KRW 293,403 KRW 61
Earnings-Based
Graham-Dodd 28,914 KRW 184,846 KRW 258,411 KRW 63
Lynch FV 53,517 KRW 76,452 KRW 99,388 KRW 61
PEG = 1.0 53,517 KRW 76,452 KRW 99,388 KRW 57
EPV 36,854 KRW 41,952 KRW 46,483 KRW 74
Multiples
P/E Multiple 89,294 KRW 119,058 KRW 148,823 KRW 63
P/S Multiple 39,746 KRW 52,995 KRW 66,244 KRW 58
P/B Multiple 54,214 KRW 72,285 KRW 90,357 KRW 55
EV/EBIT 69,242 KRW 89,666 KRW 110,091 KRW 66
EV/EBITDA 58,213 KRW 74,962 KRW 91,711 KRW 67
EV/Revenue 38,945 KRW 52,221 KRW 65,497 KRW 54
Asset-Based
NCAV (Graham) 11,742 KRW 15,734 KRW 23,484 KRW 54
Growth DCF
Growth DCF 64,176 KRW 127,622 KRW 249,181 KRW 74
Rev-Margin DCF 47,383 KRW 80,396 KRW 127,965 KRW 71
Economic Profit
Residual Income 29,327 KRW 38,847 KRW 153,686 KRW 64
ROIC Compounder 43,807 KRW 61,661 KRW 85,294 KRW 71
Growth Earnings
Growth-Adj P/E 87,067 KRW 124,381 KRW 161,696 KRW 67

Widest divergence: Growth Earnings (124,381 KRW) versus Asset-Based (15,734 KRW). Highest evidence: FCF DCF (75).

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Key figures & financial health

P/S ratio 36.4 TTM
Dividend yield 1.5%
Net margin 44.1% FY2025
Return on equity 2,367% TTM
Return on assets (EBIT) 9.9% avg 5y
Operating margin 26.9% TTM
More key figures
Growth
Revenue (TTM) 74.8B KRW TTM
Revenue growth (YoY) −27.4% 3y avg +41.9%
EPS growth (YoY) +80.9%
Balance sheet & cash flow
Free cash flow 79.2B KRW FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 67 · Market factors (momentum, volatility) 65

Profitability 63
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 82
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 5
Calm price path (market factor)
Momentum 91
Price trend over the last 3–12 months (market factor)
52W Momentum 90
Distance to the 52-week high (market factor)
Net Issuance 72
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

PSK HOLDINGS Inc. manufactures and sells semiconductor manufacturing and flat panel display equipment worldwide. It offers descum and surface treatment solution for semiconductor packaging industry; and hot DI water equipment used in semiconductor wet cleaning process, as well as technology for fluxless reflow process.

Full company description

PSK HOLDINGS Inc. manufactures and sells semiconductor manufacturing and flat panel display equipment worldwide. It offers descum and surface treatment solution for semiconductor packaging industry; and hot DI water equipment used in semiconductor wet cleaning process, as well as technology for fluxless reflow process. The company was founded in 1990 and is based in Hwaseong-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PSK HOLDINGS Inc reported revenue of 208B KRW in FY2025 versus 81.6B KRW in FY2021, a compound +26.3%/yr. Reported net income was 91.7B KRW in FY2025, compounding +18.4%/yr from FY2021.

Growth Quality 94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
208B KRW
Latest YoY
−3.6%
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.
+41.9%
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.
+39.2%
Avg. revenue growth/yr (14Y) 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.
+6.1%
Value creation/yr (5Y, in KRW) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+15.1% (13.6 + 1.5)
Revenue +26.3%/yr
FY21 81.6B KRW
FY22 72.8B KRW
FY23 94.7B KRW
FY24 216B KRW
FY25 208B KRW
Net income +18.4%/yr
FY21 46.6B KRW
FY22 40.8B KRW
FY23 42.7B KRW
FY24 95.8B KRW
FY25 91.7B KRW

031980 screens 92% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "PSK HOLDINGS Inc Fair Value". https://www.fairvalue-calculator.com/stock/031980

Peer Group

Semiconductors & Semiconductor Equipment · 48 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 65 · Top 25%
Fair Value upside −48% · Below median
Return on assets 4% · Below median
Net margin (TTM) 47% · Top 25%
Operating margin (TTM) 27% · Top 25%
Revenue growth −27% · Bottom 25%
Dividend yield (TTM) 1.5% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Semiconductors & Semiconductor Equipment median · lower = cheaper

P/FCF 0.0× · Pricier than median

Strength profile in five axes (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 0
FUTURE0 · sector 97
PAST0 · sector 100
HEALTH99 · sector 99
DIVIDEND30 · sector 17

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 Semiconductors & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
TES Co 095610 144,000 KRW 57,543 KRW −60%
Eugene Technology Co 084370 128,500 KRW 47,495 KRW −63%
TSE Co 131290 256,000 KRW 83,925 KRW −67%
ISC Co 095340 159,800 KRW 61,198 KRW −62%
Jeju Semiconductor Corp 080220 76,100 KRW 23,830 KRW −69%
Tokai Carbon Korea Co 064760 225,500 KRW 154,525 KRW −31%
HANA Micron Inc 067310 36,650 KRW 16,102 KRW −56%
RFHIC Corporation 218410 51,000 KRW 29,096 KRW −43%
S&S Tech Corporation 101490 43,250 KRW 60,781 KRW +41%
Global Standard Technology, Limited 083450 50,500 KRW 59,982 KRW +19%

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Frequently asked questions

Is PSK HOLDINGS Inc (031980) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of 74,962 KRW versus a price of 144,000 KRW, about −48% upside (overvalued).
What is the fair value of 031980?
Our model-based fair value for PSK HOLDINGS Inc is 74,962 KRW (as of Aug 20, 2026), built from audited fundamentals. The current price: 144,000 KRW.
What is the quality score of 031980?
PSK HOLDINGS Inc has a Quality Score of 65/100. 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 PSK HOLDINGS Inc (031980)?
PSK HOLDINGS Inc reported trailing-twelve-month revenue of about 74.8B KRW (latest available figure, as of Aug 20, 2026).
What is the net profit margin of 031980?
The net profit margin of PSK HOLDINGS Inc is about 46.7%, meaning it keeps roughly 46.7% of revenue as net income. Based on the latest reported figures.
Does PSK HOLDINGS Inc pay a dividend?
PSK HOLDINGS Inc currently shows a dividend yield of about 1.49% relative to its recent price (as of Aug 20, 2026).
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