EN DE

Sangsangin Co. Ltd (038540) Fair Value & Analysis

Financials · KR · Market cap 107B KRW (≈ $75.0M) · ISIN KR7038540001

What is Sangsangin Co. Ltd really worth?

SC Sangsangin Co. Ltd 038540 · KQ
Price2,095 KRW
Fair Value4,290 KRW
Upside+104.8%
Quality56/100

A solid business, trading 51% below our fair value of 4,290 KRW.

Watch Sangsangin Co. Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Solidly profitable · 13.0% net margin
Low debt · generates free cash flow
Ranks above peers (8/9)

Risks

!Weak Growth (revenue 5y −1.6 %/yr)
!Moderate moat 48/100
!Evidence only low, so the estimate is less certain
!The models disagree: range 1,976 KRW to 7,170 KRW
Evidence: Low Range 1,976 KRW – 7,170 KRW

Fair value as of: Aug 13, 2026

From 3 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from 3,994 KRW to 4,290 KRW (+7.4%) since Jul 20, 2026. Share price +3.7% over the past month.

What runs behind every stock

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

What matters now

  • The model range is unusually wide (1,976 KRW to 7,170 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

11,621 KRW 1,359 KRW Fair Value 4,290 KRW Apr 2021 Sep 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

60‑month range 1,359 KRW – 11,621 KRW · fair‑value band 1,976 KRW – 7,170 KRW · the 2,095 KRW price screens below the 4,290 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Sangsangin Co. Ltd (038540) currently trades at 2,095 KRW, while our model-based Fair Value estimate is 4,290 KRW, implying the stock looks roughly 51.2% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Financials sector. Bull case: the Asset-Based group reads highest at a median of 5,526 KRW per share, and 3 of the 3 models we run sit above the 2,095 KRW price. Bear case: the Dividend Discount group reads lowest at 3,796 KRW, and 0 of the 3 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Sangsangin Co. Ltd generated revenue of 696B KRW at a net margin of 13.0%. Revenue grew 40.0% year over year. Net debt stands at 385B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,976 KRW (bear case) to 7,170 KRW (bull case); at 2,095 KRW, the current price sits within 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 13% below its 52-week high and 31% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financials peers we cover trades at 73% fair-value upside, at 105%, 038540 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
Gordon GGM 2,165 KRW 4,502 KRW 7,142 KRW 66
DDM Multi-Stage 2,165 KRW 3,796 KRW 4,725 KRW 66
NCAV (Graham) 4,124 KRW 5,526 KRW 8,247 KRW 54
All 3 models by family
Dividend Discount
Gordon GGM 2,165 KRW 4,502 KRW 7,142 KRW 66
DDM Multi-Stage 2,165 KRW 3,796 KRW 4,725 KRW 66
Asset-Based
NCAV (Graham) 4,124 KRW 5,526 KRW 8,247 KRW 54

Widest divergence: Asset-Based (5,526 KRW) versus Dividend Discount (3,796 KRW). Highest evidence: Gordon GGM (66).

Notify me when 038540 reaches fair value

Put 038540 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/S ratio 0.15 TTM
Dividend yield 10.6%
Net margin −28.8% FY2025
Return on equity −3,633% TTM
Return on assets (EBIT) −0.6% avg 5y
Operating margin 16.4% TTM
More key figures
Growth
Revenue (TTM) 696B KRW TTM
Revenue growth (YoY) +40.0% 3y avg −18.2%
EPS growth (YoY) −53.9%
Balance sheet & cash flow
Free cash flow 398B KRW FY2025
Net debt 385B KRW FY2025 · ≈ 1.0 yrs of FCF

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 51 · Market factors (momentum, volatility) 54

Profitability 2
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 82
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

Sangsangin Co., Ltd. operates in the field of information technology (IT), financial services, and heavy industry in South Korea.

Full company description

Sangsangin Co., Ltd. operates in the field of information technology (IT), financial services, and heavy industry in South Korea. The company provides various IT services, such as security systems, integrated communication, SDN, and cloud services, as well as wired or wireless network services; design, installation, and maintenance of IT networks; consulting services; and electronic components. It also offers various banking products and services, such as stock loans; acts as an intermediary in the sale of equity, bonds, and financial derivatives; and provides consulting on financial investment products. In addition, the company offers consulting services on the modernization and the construction of ship-building sites; and offshore marine and deck cranes. The company was formerly known as Texcell-NetCom Co., Ltd. Sangsangin Co., Ltd. was founded in 1989 and is headquartered in Seongnam, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sangsangin Co. Ltd reported revenue of 419B KRW in FY2025 versus 569B KRW in FY2021, a compound −7.4%/yr. Reported net income was −121B KRW in FY2025.

Growth Quality 35/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
419B KRW
Latest YoY
−51.9%
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.
−18.2%
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.
−1.6%
Avg. revenue growth/yr (21Y) 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.
+14.2%
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 −7.4%/yr
FY21 569B KRW
FY22 765B KRW
FY23 937B KRW
FY24 870B KRW
FY25 419B KRW
Net income
FY21 101B KRW
FY22 47.4B KRW
FY23 −64.3B KRW
FY24 −194B KRW
FY25 −121B KRW

Watch 038540: get an alert when its fair value changes →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Sangsangin Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/038540

Peer Group

Information Technology · 3641 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Banking Services” was too small, so the broader sector is used.)

Quality Score 56 · Above median
Fair Value upside +105% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 40% · Top 25%
Dividend yield (TTM) 10.6% · Top 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Information Technology median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

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
VALUE100 · sector 0
FUTURE100 · sector 42
PAST0 · sector 22
HEALTH99 · sector 97
DIVIDEND100 · sector 27

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 Banking Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Federal Home Loan Mortgage Corporation FMCKK $13.00 $26.00 +100%
SRTRANSFIN SRTRANSFIN ₹1,134 ₹1,329 +17%
532134 532134 ₹247.00 ₹187.35 −24%
LTG LTG 14.88 PHP 29.76 PHP +100%
532505 532505 ₹26.11 ₹52.22 +100%
590071 590071 ₹4,617 ₹7,978 +73%
535789 535789 ₹150.30 ₹221.25 +47%
540749 540749 ₹303.35 ₹385.27 +27%
Han Kook Capital.Co., Ltd 023760 1,410 KRW 2,820 KRW +100%
533295 533295 ₹22.88 ₹31.07 +36%

Compare Sangsangin Co. Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Sangsangin Co. Ltd (038540) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 4,290 KRW versus a price of 2,095 KRW, about +105% upside (undervalued).
What is the fair value of 038540?
Our model-based fair value for Sangsangin Co. Ltd is 4,290 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 2,095 KRW.
What is the quality score of 038540?
Sangsangin Co. Ltd has a Quality Score of 56/100. 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 Sangsangin Co. Ltd (038540)?
Sangsangin Co. Ltd reported trailing-twelve-month revenue of about 696B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 038540?
The net profit margin of Sangsangin Co. Ltd is about 13.0%, meaning it keeps roughly 13.0% of revenue as net income. Based on the latest reported figures.
Does Sangsangin Co. Ltd pay a dividend?
Sangsangin Co. Ltd currently shows a dividend yield of about 10.63% relative to its recent price (as of Aug 13, 2026).
Free · no account needed

Watch Sangsangin Co. Ltd in the live analysis

One click puts Sangsangin Co. Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.