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S&S TECH Corporation (101490) Fair Value & Analysis

Technology · KR · Market cap 922B KRW (≈ $645M) · ISIN KR7101490001

What is S&S TECH Corporation really worth?

SS S&S TECH Corporation 101490 · KQ
Price40,050 KRW
Fair Value21,799 KRW
Upside−45.6%
Quality59/100

A solid business, but trading 84% above our fair value of 21,799 KRW.

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Strengths

Solidly profitable · 13.5% net margin

Risks

!Expensive Growth (revenue 5y +22.8 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (4/8)
!Moderate moat 53/100
!Evidence only low, so the estimate is less certain
!Weak on dividend: 6 out of 100

For context

·0.31% dividend yield
Evidence: Low Range 16,291 KRW – 27,308 KRW

Fair value as of: Aug 26, 2026

From 15 valuation models · updated 10 days ago

Fair value updated Aug 26, 2026, revised from 60,781 KRW to 21,799 KRW (−64.1%) since Aug 23, 2026. Share price −9.3% 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 (27,308 KRW). The favourable scenario is already priced in.
  • 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 but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

105,100 KRW 18,217 KRW Fair Value 21,799 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 26, 2026.

How to read this chart

60‑month range 18,217 KRW – 105,100 KRW · fair‑value band 16,291 KRW – 27,308 KRW · the 40,050 KRW price screens above the 21,799 KRW fair value. Dashed = 300-day average. As of Aug 26, 2026.

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Analysis

S&S TECH Corporation (101490) currently trades at 40,050 KRW, while our model-based Fair Value estimate is 21,799 KRW, implying the stock looks roughly 83.7% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of 87,903 KRW per share, and 10 of the 15 models we run sit above the 40,050 KRW price. Bear case: the Asset-Based group reads lowest at 10,623 KRW, and 5 of the 15 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, S&S TECH Corporation generated revenue of 119B KRW at a net margin of 13.5%. Revenue grew 31.7% year over year. Net debt stands at 12.5B KRW. Fundamentals as of Aug 26, 2026

Our scenario range runs from 16,291 KRW (bear case) to 27,308 KRW (bull case); at 40,050 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 63% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −56% fair-value upside, at −46%, 101490 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
EPV best evidence 26,553 KRW 30,740 KRW 34,462 KRW 74
Owner Earnings 9,905 KRW 18,310 KRW 35,774 KRW 72
ROIC Compounder 32,111 KRW 46,609 KRW 65,861 KRW 71
All 15 models by family
DCF Models
Owner Earnings 9,905 KRW 18,310 KRW 35,774 KRW 72
Earnings-Based
Graham-Dodd 20,726 KRW 130,056 KRW 181,657 KRW 63
Lynch FV 37,487 KRW 53,552 KRW 69,618 KRW 61
PEG = 1.0 37,487 KRW 53,552 KRW 69,618 KRW 57
EPV best evidence 26,553 KRW 30,740 KRW 34,462 KRW 74
Multiples
P/E Multiple 64,007 KRW 85,342 KRW 106,678 KRW 63
P/S Multiple 38,861 KRW 51,815 KRW 64,769 KRW 58
P/B Multiple 38,861 KRW 51,815 KRW 64,769 KRW 55
EV/EBIT 50,279 KRW 66,097 KRW 81,914 KRW 66
EV/EBITDA 48,902 KRW 64,261 KRW 79,619 KRW 67
EV/Revenue 26,817 KRW 37,098 KRW 47,379 KRW 54
Asset-Based
NCAV (Graham) 7,927 KRW 10,623 KRW 15,855 KRW 54
Economic Profit
Residual Income 21,065 KRW 27,952 KRW 120,093 KRW 64
ROIC Compounder 32,111 KRW 46,609 KRW 65,861 KRW 71
Growth Earnings
Growth-Adj P/E 61,532 KRW 87,903 KRW 114,274 KRW 67

Widest divergence: Growth Earnings (87,903 KRW) versus Asset-Based (10,623 KRW). Highest evidence: EPV (74).

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Key figures & financial health

P/S ratio 11.4 TTM
Dividend yield 0.3%
Net margin 23.9% FY2025
Return on equity 1,441% TTM
Return on assets (EBIT) 9.1% avg 5y
Operating margin 13.9% TTM
More key figures
Growth
Revenue (TTM) 119B KRW TTM
Revenue growth (YoY) +31.7% 3y avg +25.4%
EPS growth (YoY) +174%
Balance sheet & cash flow
Free cash flow −17.6B KRW FY2025
Net debt 12.5B KRW FY2019

Figures from reported company fundamentals · as of Aug 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 60 · Market factors (momentum, volatility) 7

Profitability 66
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 22
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 5
Disciplined investing over empire-building
Low Volatility 11
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 85
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

S&S Tech Corporation manufactures and sells blank masks worldwide. Its products are used for manufacturing semiconductors and flat panel display. The company was founded in 2001 and is headquartered in Daegu, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

S&S TECH Corporation reported revenue of 244B KRW in FY2025 versus 98.8B KRW in FY2021, a compound +25.3%/yr. Reported net income was 58.3B KRW in FY2025, compounding +50.0%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
244B KRW
Latest YoY
+38.5%
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.
+25.4%
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.
+22.8%
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.
+11.9%
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.
+39.9% (39.6 + 0.3)
Revenue +25.3%/yr
FY21 98.8B KRW
FY22 124B KRW
FY23 150B KRW
FY24 176B KRW
FY25 244B KRW
Net income +50.0%/yr
FY21 11.5B KRW
FY22 17.5B KRW
FY23 25.9B KRW
FY24 30.5B KRW
FY25 58.3B KRW

101490 screens 84% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "S&S TECH Corporation Fair Value". https://www.fairvalue-calculator.com/stock/101490

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 59 · Below median
Fair Value upside −46% · Below median
Return on assets 5% · Above median
Net margin (TTM) 13% · Above median
Operating margin (TTM) 14% · Above median
Revenue growth 32% · Above median
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.09× · Higher 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
FUTURE100 · sector 97
PAST0 · sector 100
HEALTH96 · sector 99
DIVIDEND6 · sector 17

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

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 26, 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%
PSK HOLDINGS Inc 031980 112,200 KRW 74,962 KRW −33%
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%
Global Standard Technology, Limited 083450 50,500 KRW 59,982 KRW +19%

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Frequently asked questions

Is S&S TECH Corporation (101490) overvalued or undervalued?
As of Aug 26, 2026, our model estimates a fair value of 21,799 KRW versus a price of 40,050 KRW, about −46% upside (overvalued).
What is the fair value of 101490?
Our model-based fair value for S&S TECH Corporation is 21,799 KRW (as of Aug 26, 2026), built from audited fundamentals. The current price: 40,050 KRW.
What is the quality score of 101490?
S&S TECH Corporation has a Quality Score of 59/100. 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 S&S TECH Corporation (101490)?
S&S TECH Corporation reported trailing-twelve-month revenue of about 119B KRW (latest available figure, as of Aug 26, 2026).
What is the net profit margin of 101490?
The net profit margin of S&S TECH Corporation is about 13.5%, meaning it keeps roughly 13.5% of revenue as net income. Based on the latest reported figures.
Does S&S TECH Corporation pay a dividend?
S&S TECH Corporation currently shows a dividend yield of about 0.31% relative to its recent price (as of Aug 26, 2026).
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