` 189690 (Forcs Co Ltd) vs KOSPI 200 Comparison - Alpha Spread

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189690
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KOSPI 200

Over the past 12 months, Forcs Co Ltd has underperformed KOSPI 200, delivering a return of -33% compared to KOSPI 200's +140% growth.

Stocks Performance
189690 vs KOSPI 200

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189690
KOSPI 200
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Performance Gap
189690 vs KOSPI 200

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189690
KOSPI 200
Difference
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Performance By Year
189690 vs KOSPI 200

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189690
KOSPI 200
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Competitors Performance
Forcs Co Ltd vs Peers

KOSPI 200
189690
DOGZ
ORCL
419050
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Forcs Co Ltd
Glance View

Market Cap
41.5B KRW
Industry
Technology

Forcs Co Ltd is a South Korean software company best known for tools that help businesses design, generate, and manage electronic documents and reports. Its products are used to build forms, statements, receipts, and other business paperwork that needs to be created, delivered, and stored in a structured way. The company sells software licenses, maintenance, and related services to companies that need to automate document-heavy work. Its main customers are banks, insurers, public institutions, and other large organizations that handle lots of forms and customer records. Forcs makes money by charging for its software products and the support that goes with them, rather than by selling physical goods. That gives it a recurring, enterprise-focused business model tied to long-term IT systems inside its customers. What makes Forcs different is that it sits in a narrow part of the software market that turns business data into usable documents. Instead of trying to be a broad general-purpose software vendor, it focuses on the workflow between back-office systems and the forms people actually see and use. That niche role makes it a specialized supplier in document automation and enterprise reporting.

Intrinsic Value
2 506.4
Undervaluation 39%
Intrinsic Value
Price ₩1 519
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