Hanwha General (000370) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Hanwha General stock KRW 12,080, price KRW 6,030, upside +100.3%, quality 52 out of 100. Rating: strongly undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 3,318 KRW – 9,300 KRW · fair‑value band 9,060 KRW – 15,100 KRW · the 6,030 KRW price screens below the 12,080 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Hanwha General Insurance Co., Ltd. provides insurance services in South Korea. The company offers long-term insurance, including injury, diseases, property damage, liability, and annuity; automobile insurance products comprising casualty and property; and fire insurance products.
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Hanwha General Insurance Co., Ltd. was founded in 1946 and is headquartered in Seoul, South Korea. Hanwha General Insurance Co., Ltd. is a subsidiary of Hanwha Life Insurance Co., Ltd.
Stock analysis
Hanwha General (000370) currently trades at 6,030 KRW, while our model-based Fair Value estimate is 12,080 KRW, implying the stock looks roughly 50% undervalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of 22,518 KRW per share, and 4 of the 6 models we run sit above the 6,030 KRW price.
Bear case: the Dividend Discount group reads lowest at 1,809 KRW, and 2 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: 9,060 KRW (bear) to 15,100 KRW (bull), the price of 6,030 KRW sits below 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 52/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Hanwha General reported revenue of 5.5T KRW in FY2024 versus 5.5T KRW in FY2020, a compound +0.1%/yr. Reported net income was 299B KRW in FY2025, compounding +25.1%/yr from FY2021.
Key figures
Market cap 697B KRW (≈ $515M) Small · P/E ratio 2.3 · P/S ratio 0.10 · EPS (TTM) 2,636 KRW · Dividend yield 2.0% · Net margin 4.7% · Return on equity 11.0% · Return on assets (EBIT) 0.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at 100%, 000370 screens cheaper than that median.
Fair Value models
Bear9,060 KRWFair Value 12,080 KRWBull15,100 KRW
Price 6,030 KRW · Upside +100.3%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
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 2024 figures (about 12 months old). Earnings retained since then (2,636 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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+9.1%
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.
+0.0%
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.
−6.9%
Revenue growth 19 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.
+10.9%
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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.
+28.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+26.9%
Dividend (yield on the price)2.0%
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.26.9% vs 7.8%, picking up
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 6.0%/yr over ~6Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Price, fair value, quality and upside side by side.
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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.Insurance - Property & Casualty · 100 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hanwha General Fair Value". https://www.fairvalue-calculator.com/stock/000370
Frequently asked questions
Is Hanwha General (000370) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 12,080 KRW versus a price of 6,030 KRW, about +100% upside (undervalued).
What is the fair value of 000370?
Our model-based fair value for Hanwha General is 12,080 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 6,030 KRW.
What is the quality score of 000370?
Hanwha General has a Quality Score of 52/100. 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 Hanwha General (000370)?
Our model-based price target is the fair value of 12,080 KRW (as of Nov 7, 2026) from 6 valuation models. Cautious scenario 9,060 KRW, optimistic scenario 15,100 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Hanwha General stock forecast for 2026?
Our models put fair value at 12,080 KRW, about +100% upside versus a price of 6,030 KRW (undervalued). Cautious scenario 9,060 KRW, optimistic scenario 15,100 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Hanwha General (000370)?
Hanwha General reported trailing-twelve-month revenue of about 6.8T KRW (latest available figure, as of Nov 7, 2026).
Does Hanwha General pay a dividend?
Hanwha General currently shows a dividend yield of 2.02% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Hanwha General (000370)?
Hanwha General has a dividend yield of 2.0%.
What is the intrinsic value of Hanwha General (000370)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hanwha General it is 12,080 KRW per share (as of Nov 7, 2026), against a price of 6,030 KRW. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Hanwha General stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 000370 trades below its calculated fair value: price 6,030 KRW, fair value 12,080 KRW, a gap of about +100% (undervalued). 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 000370?
No. The price is what the market pays today (6,030 KRW); the fair value is what the company's own numbers justify (12,080 KRW). For Hanwha General the two are 6,050 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Hanwha General worth?
The market values Hanwha General at about 697B KRW (market capitalisation, as of Nov 7, 2026). Per share that is 6,030 KRW; our models calculate a fair value of 12,080 KRW per share.
What do the bullish and bearish scenarios say about 000370?
Our models span a range for Hanwha General: cautious scenario 9,060 KRW, base 12,080 KRW, optimistic 15,100 KRW per share (as of Nov 7, 2026, price 6,030 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000370?
Hanwha General trades at a price-to-earnings ratio of 2.3 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 12,080 KRW is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 3.6. Other multiples: P/B 0.3, P/S 0.1, EV/EBITDA 2.6.
How solid is the balance sheet of Hanwha General (000370)?
Balance-sheet figures for Hanwha General (as of Nov 7, 2026): return on equity 11.0%, debt of 0.22 per unit of equity. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is 000370 from its 52-week high?
Hanwha General trades at 6,030 KRW, about 35% below its 52-week high of 9,300 KRW and 18% above the low of 5,100 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 12,080 KRW is for.
Which stocks are comparable to Hanwha General?
From the same area (Financial Services) we also value Chubb Limited, The Progressive Corporation, The Travelers Companies, Inc, The Allstate Corporation, 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 Hanwha General stock attractive at the current price?
The data as of Nov 7, 2026: price 6,030 KRW, calculated fair value 12,080 KRW (+100%), Quality Score 52/100, from 6 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 000370 calculated?
We run Hanwha General through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 12,080 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 13.3% above its aggregate fair value. Hanwha General currently trades 50% below its own fair value, and the market average says nothing about that. 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 Hanwha General (000370)?
The closing price on Nov 9, 2026 was 6,030 KRW. Our model-based fair value is 12,080 KRW, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hanwha General right now?
The price is below even our cautious bear case (9,060 KRW). The market is more pessimistic than our downside scenario. Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Hanwha General
How large is the market capitalisation of Hanwha General (000370)?
The market capitalisation of Hanwha General is 697B KRW (≈ $515M). 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 Hanwha General (000370)?
The price-to-sales ratio of Hanwha General is 0.10 (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 Hanwha General (000370)?
Earnings per share at Hanwha General are 2,636 KRW (price ÷ EPS = P/E 2.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hanwha General (000370)?
The dividend yield of Hanwha General is 2.0% (payout 4.6%). 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 Hanwha General (000370)?
The net margin of Hanwha General is 4.7% (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 Hanwha General (000370)?
The return on equity (ROE) of Hanwha General is 11.0% (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 Hanwha General (000370)?
On an EBIT basis the return on assets of Hanwha General is 0.9% (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 Hanwha General (000370)?
The operating margin of Hanwha General is 7.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hanwha General (000370)?
Revenue at Hanwha General is growing +12.4% versus a year earlier (3y avg 0.0%). 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 Hanwha General (000370)?
Earnings per share at Hanwha General are growing +69.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hanwha General (000370) generate?
The free cash flow of Hanwha General is 1.5T KRW (fiscal year 2024). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Hanwha General (000370) carry?
The net debt of Hanwha General is 299B KRW (fiscal year 2024, ≈ 0.2 yrs of FCF). 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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Broad data
Nov 7, 2026