Daewonkangup (000430) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Daewonkangup stock KRW 4,147, price KRW 3,930, upside +5.5%, quality 51 out of 100. Rating: fairly valued. Calculated from audited financials with 15 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 4, 2026.
How to read this chart
60‑month range 2,225 KRW – 7,411 KRW · fair‑value band 4,147 KRW – 6,038 KRW · the 3,930 KRW price screens below the 4,147 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Daewon Kang Up Co., Ltd. develops, produces, and sells suspension springs and seats in South Korea and internationally.
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The company offers round steel, flat steel, material processing, and piping spring materials; and suspension springs, such as coil and air springs, stabilizer and torsion bars, and leaf springs.
It also provides precision springs, such as engine valve springs, auto clutch return springs, curved springs, various wire springs, and springs for IT parts; industrial springs, including die and disc springs, coil inserts, and tension bar connections; manufacturing equipment for coil and leaf springs, test equipment for springs, and equipment for materials processing; and engineering services.
In addition, the company offers seats for automobiles, railway vehicles, high-speed trains, and heavy equipment; and adjusters, recliners, pumping devices, active headrests, magnesium frames, and seat assemblies. The company was founded in 1946 and is headquartered in Cheonan-si, South Korea.
Stock analysis
Daewonkangup (000430) currently trades at 3,930 KRW, while our model-based Fair Value estimate is 4,147 KRW, so the stock looks roughly fairly valued today (gap 5.2%).
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Valuation
Bull case: the Multiples group reads highest at a median of 11,456 KRW per share, and 10 of the 15 models we run sit above the 3,930 KRW price.
Bear case: the Dividend Discount group reads lowest at 1,065 KRW, and 5 of the 15 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 4,147 KRW (bear) to 6,038 KRW (bull), the price of 3,930 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 51/100 (solid quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Daewonkangup reported revenue of 1.6T KRW in FY2025 versus 862B KRW in FY2021, a compound +16.7%/yr. Reported net income was 36.4B KRW in FY2025.
Key figures
Market cap 244B KRW (≈ $179M) Micro · P/E ratio 3.4 · P/S ratio 0.18 · EPS (TTM) 1,156 KRW · Dividend yield 2.8% · Net margin 4.2% · Return on equity 11.9% · Return on assets (EBIT) 2.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (medium confidence).
What moves the price
The share trades about 35% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −23% fair-value upside, at 6%, 000430 screens cheaper than that median.
Fair Value models
Bear4,147 KRWFair Value 4,147 KRWBull6,038 KRW
Price 3,930 KRW · Upside +5.5%
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 (896.66 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 Income6,261 KRW6,153 KRW6,309 KRW76
EPV3,342 KRW3,703 KRW3,990 KRW73
ROIC Compounder3,342 KRW3,703 KRW3,990 KRW71
All 15 models by family
Earnings-Based
Graham-Dodd3,995 KRW10,247 KRW13,339 KRW65
PEG = 1.01,920 KRW2,743 KRW3,567 KRW57
EPV3,342 KRW3,703 KRW3,990 KRW73
Dividend Discount
Gordon GGM740.79 KRW1,126 KRW1,445 KRW69
DDM Multi-Stage740.79 KRW1,003 KRW1,214 KRW67
Multiples
P/E Multiple9,693 KRW12,924 KRW16,155 KRW63
P/S Multiple7,490 KRW9,987 KRW12,484 KRW57
P/B Multiple26,875 KRW35,834 KRW44,792 KRW55
EV/EBIT4,263 KRW6,965 KRW9,668 KRW63
EV/EBITDA8,830 KRW13,055 KRW17,279 KRW66
EV/Revenue1,621 KRW3,963 KRW6,305 KRW49
Asset-Based
NCAV (Graham)4,479 KRW6,002 KRW8,958 KRW53
Economic Profit
Residual Income6,261 KRW6,153 KRW6,309 KRW76
ROIC Compounder3,342 KRW3,703 KRW3,990 KRW71
Growth Earnings
Growth-Adj P/E7,500 KRW10,715 KRW13,929 KRW67
The fair value above starts from this blend and is adjusted for a cyclical peak year.
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.56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+16.9%
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.
+16.0%
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.
+13.2%
Start year 2020 (pandemic). Over 10 years: +4.7% 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.
+6.5%
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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.
+20.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+17.8%
Dividend (yield on the price)2.8%
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.17.8% vs −0.5%, picking up
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.1% → 3%
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.Auto Parts · 655 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside+5.5% · Above median
Profitability
Return on equity (12 months)11.9% · Above median
Return on assets3.2% · Below median
Net margin (12 months)5.3% · Above median
Operating margin (12 months)8.2% · Above median
Growth and dividend
Revenue growth (quarter YoY)11.9% · Above median
Dividend yield (12 months)2.8% · Above median
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Auto Parts median · lower = cheaper
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). "Daewonkangup Fair Value". https://www.fairvalue-calculator.com/stock/000430
Frequently asked questions
Is Daewonkangup (000430) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 4,147 KRW versus a price of 3,930 KRW, about +6% upside (fairly valued).
What is the fair value of 000430?
Our model-based fair value for Daewonkangup is 4,147 KRW (as of Nov 4, 2026), built from audited fundamentals. The current price: 3,930 KRW.
What is the quality score of 000430?
Daewonkangup has a Quality Score of 51/100. 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 Daewonkangup (000430)?
Our model-based price target is the fair value of 4,147 KRW (as of Nov 4, 2026) from 15 valuation models. Cautious scenario 4,147 KRW, optimistic scenario 6,038 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Daewonkangup stock forecast for 2026?
Our models put fair value at 4,147 KRW, about +6% upside versus a price of 3,930 KRW (fairly valued). Cautious scenario 4,147 KRW, optimistic scenario 6,038 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Daewonkangup (000430)?
Daewonkangup reported trailing-twelve-month revenue of about 1.7T KRW (latest available figure, as of Nov 4, 2026).
Does Daewonkangup pay a dividend?
Daewonkangup currently shows a dividend yield of 2.80% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Daewonkangup (000430) and when is the ex-dividend date?
Daewonkangup pays a dividend of 110.00 KRW per share a year, a dividend yield of 2.8%. The last ex-dividend date was Apr 2, 2026. The payout ratio is 9.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Daewonkangup (000430)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Daewonkangup it is 4,147 KRW per share (as of Nov 4, 2026), against a price of 3,930 KRW. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Daewonkangup stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 000430 trades below its calculated fair value: price 3,930 KRW, fair value 4,147 KRW, a gap of about +6% (fairly valued). 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 000430?
No. The price is what the market pays today (3,930 KRW); the fair value is what the company's own numbers justify (4,147 KRW). For Daewonkangup the two are 216.54 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Daewonkangup worth?
The market values Daewonkangup at about 244B KRW (market capitalisation, as of Nov 4, 2026). Per share that is 3,930 KRW; our models calculate a fair value of 4,147 KRW per share.
What do the bullish and bearish scenarios say about 000430?
Our models span a range for Daewonkangup: cautious scenario 4,147 KRW, base 4,147 KRW, optimistic 6,038 KRW per share (as of Nov 4, 2026, price 3,930 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000430?
Daewonkangup trades at a price-to-earnings ratio of 3.4 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 4,147 KRW is built from several models across several years. Other multiples: P/B 0.4, P/S 0.2, EV/EBITDA 2.2.
How solid is the balance sheet of Daewonkangup (000430)?
Balance-sheet figures for Daewonkangup (as of Nov 4, 2026): return on equity 11.9%, debt of 0.05 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 000430 from its 52-week high?
Daewonkangup trades at 3,930 KRW, about 35% below its 52-week high of 6,000 KRW and 22% above the low of 3,210 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 4,147 KRW is for.
Which stocks are comparable to Daewonkangup?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, AutoZone, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, 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 Daewonkangup stock attractive at the current price?
The data as of Nov 4, 2026: price 3,930 KRW, calculated fair value 4,147 KRW (+6%), Quality Score 51/100, from 15 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 000430 calculated?
We run Daewonkangup through 15 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 4,147 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. Daewonkangup currently trades 5% 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 Daewonkangup (000430)?
The closing price on Nov 6, 2026 was 3,930 KRW. Our model-based fair value is 4,147 KRW, about +6% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Daewonkangup right now?
The price is below even our cautious bear case (4,147 KRW). The market is more pessimistic than our downside scenario. The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Key figures of Daewonkangup
How large is the market capitalisation of Daewonkangup (000430)?
The market capitalisation of Daewonkangup is 244B KRW (≈ $179M). 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 Daewonkangup (000430)?
The price-to-sales ratio of Daewonkangup is 0.18 (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 Daewonkangup (000430)?
Earnings per share at Daewonkangup are 1,156 KRW (price ÷ EPS = P/E 3.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Daewonkangup (000430)?
The dividend yield of Daewonkangup is 2.8% (payout 9.5%). 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 Daewonkangup (000430)?
The net margin of Daewonkangup is 4.2% (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 Daewonkangup (000430)?
The return on equity (ROE) of Daewonkangup is 11.9% (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 Daewonkangup (000430)?
On an EBIT basis the return on assets of Daewonkangup is 2.5% (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 Daewonkangup (000430)?
The operating margin of Daewonkangup is 8.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Daewonkangup (000430)?
Revenue at Daewonkangup is growing +11.9% versus a year earlier (3y avg +16.0%). 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 Daewonkangup (000430)?
Earnings per share at Daewonkangup are growing +259% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Daewonkangup (000430) generate?
The free cash flow of Daewonkangup is −12.3B 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 Daewonkangup (000430) carry?
The net debt of Daewonkangup is 301B 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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Nov 4, 2026