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Partron Co (091700) Fair Value & Analysis

Technology · KR · Market cap 286B KRW

PC Partron Co 091700 · KQ
Price5,820 KRW
Fair Value13,133 KRW
Upside+125.7%
Quality58/100
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Mixed Growth
Thin margins · 3.9% net margin
Low debt · generates free cash flow
3.67% dividend yield
Ranks above peers (6/7)
Narrow moat 32/100
Evidence: Medium Range 7,880 KRW – 20,057 KRW Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from 11,424 KRW to 13,133 KRW (+15.0%) since Jul 22, 2026. Share price −0.7% over the past month.

A solid business, screening 126% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (7,880 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (7,880 KRW to 20,057 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

11,445 KRW 5,150 KRW Fair Value 13,133 KRW Mar 2021 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

60‑month range 5,150 KRW – 11,445 KRW · fair‑value band 7,880 KRW – 20,057 KRW · the 5,820 KRW price screens below the 13,133 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.

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Analysis

Partron Co (091700) currently trades at 5,820 KRW, while our model-based Fair Value estimate is 13,133 KRW, implying the stock looks roughly 125.7% undervalued today. The Quality Score stands at 58/100 (solid 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, Partron Co generated revenue of 1.3T KRW at a net margin of 3.9%. Revenue declined 17.1% year over year. Net debt stands at 4.9B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 7,880 KRW (bear case) to 20,057 KRW (bull case); at 5,820 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 33% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 11% fair-value upside, at 126%, 091700 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 DCF 3,716 KRW 5,108 KRW 7,203 KRW 80
Residual Income 7,936 KRW 8,336 KRW 8,905 KRW 76
ROIC Compounder 8,718 KRW 10,299 KRW 12,984 KRW 72
All 23 models by family
DCF Models
FCF DCF 3,660 KRW 5,219 KRW 7,713 KRW 38
Owner Earnings 11,242 KRW 17,298 KRW 26,992 KRW 31
5Y Revenue Exit 6,849 KRW 11,248 KRW 16,954 KRW 39
5Y EBITDA Exit 16,957 KRW 30,149 KRW 45,748 KRW 41
5Y P/E Exit 9,920 KRW 16,990 KRW 24,471 KRW 38
10Y Revenue Exit 5,469 KRW 9,293 KRW 14,573 KRW 36
10Y EBITDA Exit 12,306 KRW 22,716 KRW 37,053 KRW 37
10Y P/E Exit 7,718 KRW 13,370 KRW 20,441 KRW 35
Earnings-Based
Graham-Dodd 4,373 KRW 13,555 KRW 18,021 KRW 54
Lynch FV 2,939 KRW 4,199 KRW 5,459 KRW 50
PEG = 1.0 2,939 KRW 4,199 KRW 5,459 KRW 46
EPV 8,718 KRW 10,074 KRW 11,280 KRW 59
Multiples
P/E Multiple 13,503 KRW 18,005 KRW 22,506 KRW 63
P/S Multiple 8,199 KRW 10,931 KRW 13,664 KRW 58
P/B Multiple 8,199 KRW 10,931 KRW 13,664 KRW 55
EV/EBIT 16,403 KRW 21,526 KRW 26,649 KRW 53
EV/EBITDA 26,405 KRW 34,863 KRW 43,320 KRW 54
EV/Revenue 8,804 KRW 12,134 KRW 15,464 KRW 43
Asset-Based
NCAV (Graham) 4,872 KRW 6,529 KRW 9,745 KRW 50
Growth DCF
Growth DCF 3,716 KRW 5,108 KRW 7,203 KRW 80
Economic Profit
Residual Income 7,936 KRW 8,336 KRW 8,905 KRW 76
ROIC Compounder 8,718 KRW 10,299 KRW 12,984 KRW 72
Growth Earnings
Growth-Adj P/E 10,856 KRW 15,509 KRW 20,162 KRW 68

Widest divergence: Growth Earnings (15,509 KRW) versus Earnings-Based (4,199 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.3T KRW
Revenue growth (YoY) -17.1%
Net margin 3.9%
Return on equity 951%
Free cash flow 11.5B KRW FY2025
Operating margin 5.3%
More key figures
Dividend yield 3.7%
EPS growth (YoY) -57.0%
Net debt 4.9B KRW FY2022

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 58 · Market factors (momentum, volatility) 33

Profitability 46
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 30
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 100
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.

About the company

Partron Co., Ltd. manufactures and sells components for mobile phones and telecommunication systems in South Korea and internationally. The company provides dieletric filters, isolators, antennas, microphone sensors, RF modules, camera modules, sensors, fingerprint sensors, vibration motors, ceramic capacitors, and wireless charging modules.

Full company description

Partron Co., Ltd. manufactures and sells components for mobile phones and telecommunication systems in South Korea and internationally. The company provides dieletric filters, isolators, antennas, microphone sensors, RF modules, camera modules, sensors, fingerprint sensors, vibration motors, ceramic capacitors, and wireless charging modules. It also offers smartbands, bluetooth headsets, smart thermometers, medical devices, and wireless chargers. The company was founded in 2003 and is headquartered in Hwaseong, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Partron Co reported revenue of 1.3T KRW in FY2025 versus 1.3T KRW in FY2021, a compound +0.7%/yr. Reported net income was 33.7B KRW in FY2025, compounding −17.4%/yr from FY2021.

Growth Quality 48/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.3T KRW
Latest YoY
−9.2%
Avg. 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.
+3.4%
Avg. 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.
+2.7%
Avg. growth/yr (18Y) 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.
+17.9%
Revenue +0.7%/yr
FY21 1.3T KRW
FY22 1.2T KRW
FY23 1.2T KRW
FY24 1.5T KRW
FY25 1.3T KRW
Net income −17.4%/yr
FY21 72.4B KRW
FY22 38.5B KRW
FY23 28.8B KRW
FY24 53.4B KRW
FY25 33.7B KRW

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Cite: Fair Value Calculator (2026). "Partron Co Fair Value". https://www.fairvalue-calculator.com/stock/091700

Peer Group

Electronic Equipment & Parts · 19 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 58 · Top 25%
Fair Value upside +126% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth -17% · Below 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.

VALUE 100 · sector 21
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 100
DIVIDEND 73 · sector 0

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
STCube, Inc 052020 9,130 KRW 2,160 KRW -76%
VINATech Co 126340 76,700 KRW 24,754 KRW -68%
Amotech Co 052710 13,520 KRW 14,277 KRW +6%
KHVATEC Co 060720 11,770 KRW 23,424 KRW +99%
MNTech Co 095500 7,440 KRW 8,280 KRW +11%
Namuga Co 190510 14,070 KRW 44,255 KRW +215%
Powerlogics. Co 047310 3,200 KRW 5,000 KRW +56%
e-LITECOM CO., Ltd 041520 11,570 KRW 11,520 KRW -0%
Ajinextek Co 059120 7,440 KRW 3,455 KRW -54%
BioSmart Co 038460 2,930 KRW 9,981 KRW +241%

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Frequently asked questions

Is Partron Co (091700) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 13,133 KRW versus a price of 5,820 KRW, about +126% (undervalued).
What is the fair value of 091700?
Our model-based fair value for Partron Co is 13,133 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price is 5,820 KRW.
What is the quality score of 091700?
Partron Co has a Quality Score of 58/100. 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 Partron Co (091700)?
Partron Co reported trailing-twelve-month revenue of about 1.3T KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 091700?
The net profit margin of Partron Co is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.
Does Partron Co pay a dividend?
Partron Co currently shows a dividend yield of about 3.67% relative to its recent price (as of Aug 13, 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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