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POSCO Holdings (005490) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of POSCO Holdings stock KRW 240,001, price KRW 265,000, that is 9.4% below the price, quality 47 out of 100. Rating: overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.

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Basic Materials KR · ISIN KR7005490008

PH POSCO Holdings logo Some data Nov 6, 2026

POSCO Holdings

005490 · KO
Expensive, weak quality

Our calculation puts a fair price 9% below what the stock costs today.

Low debt
Quality 47/100
Thin margins · 1.9% net margin (TTM)
3.0% dividend yield · Watch coverage
Mixed vs. peers (6/14)
Some data
Fair value 240,001 KRW · Overvalued (−9.4%)
Weak Growth (revenue 3y −6.6 %/yr in KRW)
Negative free cash flow
Narrow moat 28/100 · thin data
⟳ Cyclical

Risks from the AI analysis

🚩Wide gap in wage talks risking strikes

What runs behind every stock

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

Price vs Fair Value

609,640 KRW 191,493 KRW Fair Value 240,001 KRW Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range 191,493 KRW – 609,640 KRW · fair‑value band 180,001 KRW – 300,001 KRW · the 265,000 KRW price screens above the 240,001 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.

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Company profile

POSCO Holdings Inc., together with its subsidiaries, operates as an integrated steel producer in Korea and internationally. It operates through six segments: Steel, Trading, Construction, Logistics and Others, Green Materials and Energy, and Others.

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The company engages in the production, import, sale, and export of steel products, such as hot and cold rolled steel, stainless steel, plates, wire rods, and silicon steel sheets, as well as pig iron, billets, blooms, and slabs; trading of steel and raw materials, textiles, agricultural commodities, and other goods; natural resources development and power generation activities; and planning, designing, and construction of industrial plants, civil engineering projects, and commercial and residential buildings.

It is also involved in the manufacture and sale of various energy-related and other industrial materials, including anode and cathode materials for rechargeable batteries; investment business; and provision of alternative environmentally-friendly energy solutions, as well as information technology and operational technology, and integrated logistics services.

POSCO Holdings Inc. was incorporated in 1968 and is based in Seoul, South Korea.

Stock analysis

POSCO Holdings (005490) currently trades at 265,000 KRW, while our model-based Fair Value estimate is 240,001 KRW, 9% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Asset-Based group reads highest at a median of 447,394 KRW per share, and 4 of the 14 models we run sit above the 265,000 KRW price.

Bear case: the Earnings-Based group reads lowest at 79,873 KRW, and 10 of the 14 models stay below the price. Data coverage for this calculation is medium.

Scenario range: 180,001 KRW (bear) to 300,001 KRW (bull), the price of 265,000 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 47/100 (below-average quality), in the Basic Materials sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

POSCO Holdings reported revenue of 69.0T KRW in FY2025 versus 76.3T KRW in FY2021, a compound −2.5%/yr. Reported net income was 691B KRW in FY2025, compounding −43.2%/yr from FY2021.

Key figures

Market cap 20.0T KRW (≈ $14.7B) Large · P/E ratio 15.3 · P/S ratio 0.28 · EPS (TTM) 17,819 KRW · Dividend yield 3.0% · Net margin 1.9% · Return on equity 2.2% · Return on assets (EBIT) 4.5% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).

What moves the price

The share trades about 50% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −49% fair-value upside, at −9%, 005490 screens cheaper than that median.

Fair Value models

Bear 180,001 KRW Fair Value 240,001 KRW Bull 300,001 KRW
Price 265,000 KRW · Downside -9.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (8,366 KRW per share) are deliberately not added. 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income 423,452 KRW 444,056 KRW 477,455 KRW 76
EPV 23,215 KRW 42,756 KRW 58,962 KRW 71
ROIC Compounder 23,215 KRW 42,756 KRW 58,962 KRW 70
All 14 models by family
Earnings-Based
Graham-Dodd 62,108 KRW 116,991 KRW 145,479 KRW 66
EPV 23,215 KRW 42,756 KRW 58,962 KRW 71
Dividend Discount
Gordon GGM 92,272 KRW 118,508 KRW 142,331 KRW 69
DDM Multi-Stage 92,272 KRW 120,075 KRW 148,681 KRW 67
Multiples
P/E Multiple 116,453 KRW 155,270 KRW 194,088 KRW 63
P/S Multiple 116,453 KRW 155,270 KRW 194,088 KRW 58
P/B Multiple 235,584 KRW 314,112 KRW 392,640 KRW 55
EV/EBIT n/a 79,200 KRW 165,582 KRW 61
EV/EBITDA 331,286 KRW 530,490 KRW 729,693 KRW 66
EV/Revenue n/a 54,520 KRW 150,773 KRW 50
Asset-Based
NCAV (Graham) 333,876 KRW 447,394 KRW 667,753 KRW 54
Economic Profit
Residual Income 423,452 KRW 444,056 KRW 477,455 KRW 76
ROIC Compounder 23,215 KRW 42,756 KRW 58,962 KRW 70
Growth Earnings
Growth-Adj P/E 83,994 KRW 119,991 KRW 155,988 KRW 67

The fair value above starts from this blend and is adjusted for a cyclical trough year.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 47/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 22
How much profit the company makes from its sales and capital
Quality Growth 35
Are margins and returns getting better?
Cashflow 36
Do the profits arrive as real cash?
Financial strength 46
Debt, balance sheet and risk of trouble
Investment 80
Does it invest with discipline instead of growing at any price?
Low Volatility 12
How calm the share price moves, does not count
Price momentum 24
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 14
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 27/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−6.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−6.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+3.6%
Start year 2020 (pandemic). Over 10 years: +1.7% a year
Revenue growth 25 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.7%
What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. 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.
−14.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.1%
Dividend (yield on the price)3.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−17.1% vs −5.5%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4% → 3%
Pace: the 5-year rate starts in 2020 (pandemic)

005490 screens overvalued: fair value 9% below the price. Compare with Nucor Corporation →

Note from the team Oct 20, 2026
AI conclusion: POSCO gains from major long-term LFP cathode contracts via Future M but faces stalled wage talks risking strikes in core steel operations with negative free cash flow.
Main risk: Stalled wage talks risk triggering strikes that could disrupt steel production and raise operating costs.
POSCO is landing major long-term contracts for LFP cathode materials via its Future M subsidiary while its core steel operations grapple with stalled wage talks that could trigger more strikes. The gap between the latest management offer and union demands remains wide. Our models see the stock as overvalued. Will the battery materials expansion deliver enough growth to counter labor cost risks and steel sector headwinds?
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Peer Groupⓘ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.Steel · 409 stocks

Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 47 · Below median
Fair Value upside −9.4% · Below median
Profitability
Return on equity (12 months) 2.2% · Below median
Return on assets 0.7% · Below median
Net margin (12 months) 1.9% · Below median
Operating margin (12 months) 4.3% · Below median
Growth and dividend
Revenue growth (quarter YoY) 9.7% · Above median
Dividend yield (12 months) 3.0% · Above median
Balance sheet
Debt / equity 0.29× · Highest 25%

Valuation Multiplesvs Steel median · lower = cheaper

P/E (12 months) 15.3× · Cheaper than median
P/B 0.36× · Cheapest 25%
P/S (12 months) 0.28× · Cheapest 25%
EV/EBITDA 4.7× · Cheaper than median
PEG 0.90× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)21 · sector 21
FUTURE (revenue growth)49 · sector 37
PAST (return on equity)9 · sector 19
HEALTH (low debt)85 · sector 95
DIVIDEND (yield)60 · sector 51

Context: sector, industry, market

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 Steel stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Baoshan Iron & Steel Co 600019 ¥6.11 ¥8.07 +32% vs 005490
Tata Steel Limited TATASTEEL ₹186.30 ₹148.06 −21% vs 005490
JSW Steel Limited JSWSTEEL ₹1,357 ₹1,029 −24% vs 005490
ArcelorMittal S.A MT €54.82 €36.10 −34% vs 005490
Reliance, Inc RS $417.00 $211.54 −49% vs 005490
Nucor Corporation NUE $244.97 $116.49 −52% vs 005490
Jindal Steel Limited JINDALSTEL ₹1,165 ₹516.03 −56% vs 005490
Lloyds Metals and Energy Limited LLOYDSME ₹1,786 ₹770.98 −57% vs 005490
Steel Dynamics, Inc STLD $222.90 $89.54 −60% vs 005490
Inner Mongolia Baotou Steel Union Co 600010 ¥1.99 ¥0.5400 −73% vs 005490

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POSCO Holdings: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "POSCO Holdings Fair Value". https://www.fairvalue-calculator.com/stock/005490

Frequently asked questions

Is POSCO Holdings (005490) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 240,001 KRW versus a price of 265,000 KRW, about 9% lower (overvalued).
What is the fair value of 005490?
Our model-based fair value for POSCO Holdings is 240,001 KRW (as of Nov 6, 2026), built from audited fundamentals. The current price: 265,000 KRW.
What is the quality score of 005490?
POSCO Holdings has a Quality Score of 47/100. 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 price target for POSCO Holdings (005490)?
Our model-based price target is the fair value of 240,001 KRW (as of Nov 6, 2026) from 14 valuation models. Cautious scenario 180,001 KRW, optimistic scenario 300,001 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the POSCO Holdings stock forecast for 2026?
Our models put fair value at 240,001 KRW, about 9% lower versus a price of 265,000 KRW (overvalued). Cautious scenario 180,001 KRW, optimistic scenario 300,001 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of POSCO Holdings (005490)?
POSCO Holdings reported trailing-twelve-month revenue of about 71.2T KRW (latest available figure, as of Nov 6, 2026).
Does POSCO Holdings pay a dividend?
POSCO Holdings currently shows a dividend yield of 3.02% relative to its recent price (as of Nov 6, 2026).
What is the intrinsic value of POSCO Holdings (005490)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For POSCO Holdings it is 240,001 KRW per share (as of Nov 6, 2026), against a price of 265,000 KRW. It is the blended result of 14 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is POSCO Holdings stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 005490 trades above its calculated fair value: price 265,000 KRW, fair value 240,001 KRW, a gap of about −9% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 005490?
No. The price is what the market pays today (265,000 KRW); the fair value is what the company's own numbers justify (240,001 KRW). For POSCO Holdings the two are 24,999 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is POSCO Holdings worth?
The market values POSCO Holdings at about 20.0T KRW (market capitalisation, as of Nov 6, 2026). Per share that is 265,000 KRW; our models calculate a fair value of 240,001 KRW per share.
What do the bullish and bearish scenarios say about 005490?
Our models span a range for POSCO Holdings: cautious scenario 180,001 KRW, base 240,001 KRW, optimistic 300,001 KRW per share (as of Nov 6, 2026, price 265,000 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 005490?
POSCO Holdings trades at a price-to-earnings ratio of 15.3 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 240,001 KRW is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 12.1. Other multiples: PEG 0.9, P/B 0.4, P/S 0.3, EV/EBITDA 4.7.
What is the PEG ratio of 005490?
The PEG ratio of POSCO Holdings is 0.90 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of POSCO Holdings (005490)?
Balance-sheet figures for POSCO Holdings (as of Nov 6, 2026): return on equity 2.2%, debt of 0.29 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 005490 from its 52-week high?
POSCO Holdings trades at 265,000 KRW, about 50% below its 52-week high of 532,579 KRW and at the low of 265,000 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 240,001 KRW is for.
Which stocks are comparable to POSCO Holdings?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is POSCO Holdings stock attractive at the current price?
The data as of Nov 6, 2026: price 265,000 KRW, calculated fair value 240,001 KRW (−9%), Quality Score 47/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 005490 calculated?
We run POSCO Holdings through 14 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 240,001 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 12.7% above its aggregate fair value. POSCO Holdings itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of POSCO Holdings (005490)?
The closing price on Nov 6, 2026 was 265,000 KRW. Our model-based fair value is 240,001 KRW, about 9% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with POSCO Holdings right now?
The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.

Key figures of POSCO Holdings

How large is the market capitalisation of POSCO Holdings (005490)?
The market capitalisation of POSCO Holdings is 20.0T KRW (≈ $14.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of POSCO Holdings (005490)?
The price-to-sales ratio of POSCO Holdings is 0.28 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of POSCO Holdings (005490)?
Earnings per share at POSCO Holdings are 17,819 KRW (price ÷ EPS = P/E 15.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of POSCO Holdings (005490)?
The dividend yield of POSCO Holdings is 3.0% (payout 44.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of POSCO Holdings (005490)?
The net margin of POSCO Holdings is 1.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of POSCO Holdings (005490)?
The return on equity (ROE) of POSCO Holdings is 2.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of POSCO Holdings (005490)?
On an EBIT basis the return on assets of POSCO Holdings is 4.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of POSCO Holdings (005490)?
The operating margin of POSCO Holdings is 4.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at POSCO Holdings (005490)?
Revenue at POSCO Holdings is growing +9.7% versus a year earlier (3y avg −6.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at POSCO Holdings (005490)?
Earnings per share at POSCO Holdings are growing +328% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does POSCO Holdings (005490) generate?
The free cash flow of POSCO Holdings is −1.7T KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does POSCO Holdings (005490) carry?
The net debt of POSCO Holdings is 20.1T KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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