MeereCompanyInc banner
M

MeereCompanyInc
KOSDAQ:049950

Watchlist Manager
MeereCompanyInc
KOSDAQ:049950
Watchlist
Price: 17 010 KRW 7.25% Market Closed
Market Cap: ₩150B

P/B

1.5
Current
4%
Cheaper
vs 3-y average of 1.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
₩134.2B
/
Total Equity
₩101.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
₩134.2B
/
Total Equity
₩101.4B

Valuation Scenarios

MeereCompanyInc is trading below its 3-year average

If P/B returns to its 3-Year Average (1.5), the stock would be worth ₩17 783.07 (5% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-24%
Maximum Upside
+56%
Average Upside
13%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 ₩17 010
0%
3-Year Average 1.5 ₩17 783.07
+5%
5-Year Average 1.7 ₩19 747.51
+16%
Industry Average 2.3 ₩26 584.07
+56%
Country Average 1.1 ₩12 895.26
-24%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
KR
MeereCompanyInc
KOSDAQ:049950
150B KRW 1.5 -6
NL
ASML Holding NV
AEX:ASML
481.6B EUR 19.8 46.8
US
Lam Research Corp
NASDAQ:LRCX
334.9B USD 31.6 49.9
US
Applied Materials Inc
NASDAQ:AMAT
331B USD 15.2 42.2
US
KLA Corp
NASDAQ:KLAC
253.8B USD 46.4 55.7
US
Brooks Automation Inc
LSE:0HQ1
224.1B USD 130.7 -3 874
JP
Advantest Corp
TSE:6857
22.9T JPY 33.9 79.3
JP
Tokyo Electron Ltd
TSE:8035
21.6T JPY 10.8 42.9
US
Teradyne Inc
NASDAQ:TER
65.3B USD 23.3 117.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
342.5B CNY 9.1 62
JP
Disco Corp
TSE:6146
8.2T JPY 14 60.8
P/E Multiple
Earnings Growth PEG
KR
M
MeereCompanyInc
KOSDAQ:049950
Average P/E: 61.9
Negative Multiple: -6
N/A N/A
NL
ASML Holding NV
AEX:ASML
46.8
20%
2.3
US
Lam Research Corp
NASDAQ:LRCX
49.9
24%
2.1
US
Applied Materials Inc
NASDAQ:AMAT
42.2
20%
2.1
US
KLA Corp
NASDAQ:KLAC
55.7
22%
2.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -3 874 N/A N/A
JP
Advantest Corp
TSE:6857
79.3
50%
1.6
JP
Tokyo Electron Ltd
TSE:8035
42.9
13%
3.3
US
Teradyne Inc
NASDAQ:TER
117.7
44%
2.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
62
N/A N/A
JP
Disco Corp
TSE:6146
60.8
N/A N/A

Market Distribution

In line with most companies in Korea
Percentile
58th
Based on 1 345 companies
58th percentile
1.5
Low
0.1 — 0.7
Typical Range
0.7 — 2.3
High
2.3 —
Distribution Statistics
Korea
Min 0.1
30th Percentile 0.7
Median 1.1
70th Percentile 2.3
Max 2 461.2

MeereCompanyInc
Glance View

Market Cap
150B KRW
Industry
Semiconductors

Meerecompany, Inc. engages in the manufacture and sale of display equipment. The company is headquartered in Hwaseong, Gyeonggi-Do. The company went IPO on 2005-01-04. The Company’s products consist of display equipment, including grinders such as panel grinders, glass grinders, edge profilers and edge polishing, inspection equipment such as edge inspection machines and surface scratch inspection machines, laser machines such as laser trimmers, organic light emitting diodes (OLED) repair machines, bus line repair machines, laser cutting machines and others and general equipment such as rubbing machines and batch transfers; semiconductor manufacturing equipment, including wafer sorters used in semiconductor back-end processes, and solar cell manufacturing equipment, including laser scribers for thin films, solar cell counters and others. The firm also provides surgical robots and touch panels.

Intrinsic Value
11 870.4 KRW
Overvaluation 30%
Intrinsic Value
Price ₩17 010
M
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett