Gaon Cable (000500) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Gaon Cable stock KRW 53,137, price KRW 180,900, that is 70.6% below the price, quality 39 out of 100. Rating: strongly overvalued. Calculated from audited financials with 25 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 2, 2026.
How to read this chart
60‑month range 7,797 KRW – 477,000 KRW · fair‑value band 31,486 KRW – 69,078 KRW · the 180,900 KRW price screens above the 53,137 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 2, 2026.
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GAON CABLE Co., Ltd., a cable company, provides industrial power cables in South Korea.
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The company offers power cables, including extra-high voltage cables, such as XLPE insulation cables; overhead lines comprising overhead transmission lines, optical fiber composite overhead ground wire, overhead distribution lines, and trolley wires/messenger wires; MV/LV cables consisting of MV/LV power cables, control cables, fire protection cables, and insulated wires; and industrial specialty cables, including marine/offshore cables.
It provides telecom cables, such as local area network (LAN), including LAN cables and components; optical communication products consisting of optical cables and components, and pre-connectorized cables; and other communication cables comprising hybrid cables, CATV cables, CPEV cables, and PVC-insulated telephone jumper wires.
In addition, the company offers solar, wind, ESS battery, and audio cables; intelligent wiring solutions, including aluminum clad flex cables and smart wiring systems; and integral pipeline systems comprising threadless conduits and one-touch joint for water pipes.
Its products are used in power network, building/home, plant, railway, port/airport, wind farm, marine/offshore, and broadband communication applications. The company was formerly known as Kukje Electric Wire Co., Ltd. and changed its name to GAON CABLE Co., Ltd. in September 2004.
GAON CABLE Co., Ltd. was founded in 1947 and is headquartered in Anyang-Si, South Korea.
Stock analysis
Gaon Cable (000500) currently trades at 180,900 KRW, while our model-based Fair Value estimate is 53,137 KRW, 71% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 64,111 KRW per share, and 0 of the 25 models we run sit above the 180,900 KRW price.
Bear case: the Dividend Discount group reads lowest at 8,207 KRW, and 25 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: 31,486 KRW (bear) to 69,078 KRW (bull), the price of 180,900 KRW sits above 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 39/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Gaon Cable reported revenue of 2.5T KRW in FY2025 versus 1.1T KRW in FY2021, a compound +24.2%/yr. Reported net income was 51.4B KRW in FY2025, compounding +72.1%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 3.0T KRW (≈ $2.2B) Mid · P/E ratio 61.8 · P/S ratio 2.47 · EPS (TTM) 3,886 KRW · Dividend yield 0.0% · Net margin 2.2% · Return on equity 13.1% · Return on assets (EBIT) 4.4% (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 62% below its 52-week high and 393% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −71%, 000500 screens richer than that median.
Fair Value models
Bear31,486 KRWFair Value 53,137 KRWBull69,078 KRW
Price 180,900 KRW · Downside -70.6%
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 (3,284 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
FCF DCF25,257 KRW37,423 KRW55,400 KRW80
Growth DCF24,795 KRW35,054 KRW49,004 KRW79
Owner Earnings22,615 KRW33,089 KRW48,568 KRW76
All 25 models by family
DCF Models
FCF DCF25,257 KRW37,423 KRW55,400 KRW80
Owner Earnings22,615 KRW33,089 KRW48,568 KRW76
5Y Revenue Exit39,256 KRW68,809 KRW110,113 KRW71
5Y EBITDA Exit46,573 KRW84,218 KRW132,766 KRW73
5Y P/E Exit40,478 KRW71,382 KRW107,620 KRW69
10Y Revenue Exit31,766 KRW55,149 KRW92,813 KRW65
10Y EBITDA Exit37,043 KRW64,859 KRW109,251 KRW66
10Y P/E Exit33,572 KRW56,770 KRW91,004 KRW62
Earnings-Based
Graham-Dodd21,126 KRW106,019 KRW146,338 KRW64
Lynch FV28,707 KRW41,010 KRW53,313 KRW61
PEG = 1.028,707 KRW41,010 KRW53,313 KRW57
EPV36,725 KRW40,341 KRW43,270 KRW74
Dividend Discount
Gordon GGM5,052 KRW8,412 KRW10,871 KRW68
DDM Multi-Stage5,052 KRW8,001 KRW9,054 KRW67
Multiples
P/E Multiple48,933 KRW65,243 KRW81,554 KRW63
P/S Multiple39,612 KRW52,816 KRW66,020 KRW58
P/B Multiple97,923 KRW130,564 KRW163,205 KRW55
EV/EBIT44,358 KRW64,707 KRW85,057 KRW65
EV/EBITDA43,464 KRW63,515 KRW83,567 KRW67
EV/Revenue26,882 KRW45,555 KRW64,229 KRW52
Asset-Based
NCAV (Graham)3,010 KRW4,560 KRW5,700 KRW54
Growth DCF
Growth DCF24,795 KRW35,054 KRW49,004 KRW79
Economic Profit
Residual Income23,369 KRW25,075 KRW28,651 KRW76
ROIC Compounder39,066 KRW47,003 KRW56,580 KRW72
Growth Earnings
Growth-Adj P/E43,760 KRW62,514 KRW81,269 KRW67
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+47.4%
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.
+21.6%
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.
+24.3%
Start year 2020 (pandemic). Over 10 years: +12.5% a year
Revenue growth 14 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%
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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.
+15.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+15.8%
Dividend (yield on the price)0.0%
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.15.8% vs 12.3%, 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.2% → 3%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 2.8%/yr over ~7Y (margins intact) ⓘ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.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+65.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+23.7%
Yearly sales growth analysts expect, extended to five years.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +61.9% a year for the price and +21.2% for the forecasts.
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.Communication Equipment · 303 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside−70.6% · Bottom 25%
Profitability
Return on equity (12 months)13.1% · Above median
Return on assets3.7% · Above median
Net margin (12 months)2.2% · Below median
Operating margin (12 months)4.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)35.1% · Top 25%
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.19× · Highest 25%
Valuation Multiplesvs Communication Equipment 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). "Gaon Cable Fair Value". https://www.fairvalue-calculator.com/stock/000500
Frequently asked questions
Is Gaon Cable (000500) overvalued or undervalued?
As of Nov 2, 2026, our model estimates a fair value of 53,137 KRW versus a price of 180,900 KRW, about 71% lower (overvalued).
What is the fair value of 000500?
Our model-based fair value for Gaon Cable is 53,137 KRW (as of Nov 2, 2026), built from audited fundamentals. The current price: 180,900 KRW.
What is the quality score of 000500?
Gaon Cable has a Quality Score of 39/100. 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 Gaon Cable (000500)?
Our model-based price target is the fair value of 53,137 KRW (as of Nov 2, 2026) from 25 valuation models. Cautious scenario 31,486 KRW, optimistic scenario 69,078 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Gaon Cable stock forecast for 2026?
Our models put fair value at 53,137 KRW, about 71% lower versus a price of 180,900 KRW (overvalued). Cautious scenario 31,486 KRW, optimistic scenario 69,078 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Gaon Cable (000500)?
Gaon Cable reported trailing-twelve-month revenue of about 2.9T KRW (latest available figure, as of Nov 2, 2026).
Does Gaon Cable pay a dividend?
Gaon Cable currently shows a dividend yield of 0.03% relative to its recent price (as of Nov 2, 2026).
How much is the dividend of Gaon Cable (000500) and when is the ex-dividend date?
Gaon Cable pays a dividend of 55.56 KRW per share a year, a dividend yield of 0.0%. The last ex-dividend date was Feb 26, 2026. The payout ratio is 1.4% of earnings. Free cash flow covers the dividend 18.60 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Gaon Cable (000500)?
For today's price to be fair in a discounted-cash-flow model, Gaon Cable would have to grow free cash flow by +65.3 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +24.3 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 2, 2026.
What discount rate (WACC) does the fair value of 000500 use?
Our models discount Gaon Cable at 12.6 %: a base by market capitalisation (mid), damped by beta 2.57, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Gaon Cable that is +65.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has Gaon Cable (000500) delivered so far?
Over the past 5 years revenue at Gaon Cable grew +24.3 % a year. The price currently implies free-cash-flow growth of +65.3 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Gaon Cable (000500) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Gaon Cable (+65.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Gaon Cable (000500)?
The free-cash-flow yield on the price is 0.57 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Gaon Cable produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Gaon Cable (000500)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Gaon Cable it is 53,137 KRW per share (as of Nov 2, 2026), against a price of 180,900 KRW. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Gaon Cable stock overvalued or undervalued in 2026?
As of Nov 2, 2026, 000500 trades above its calculated fair value: price 180,900 KRW, fair value 53,137 KRW, a gap of about −71% (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 000500?
No. The price is what the market pays today (180,900 KRW); the fair value is what the company's own numbers justify (53,137 KRW). For Gaon Cable the two are 127,763 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Gaon Cable worth?
The market values Gaon Cable at about 3.0T KRW (market capitalisation, as of Nov 2, 2026). Per share that is 180,900 KRW; our models calculate a fair value of 53,137 KRW per share.
What do the bullish and bearish scenarios say about 000500?
Our models span a range for Gaon Cable: cautious scenario 31,486 KRW, base 53,137 KRW, optimistic 69,078 KRW per share (as of Nov 2, 2026, price 180,900 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000500?
Gaon Cable trades at a price-to-earnings ratio of 61.8 (as of Nov 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 53,137 KRW is built from several models across several years. Other multiples: P/B 6.2, P/S 1.0, EV/EBITDA 24.2.
How solid is the balance sheet of Gaon Cable (000500)?
Balance-sheet figures for Gaon Cable (as of Nov 2, 2026): return on equity 13.1%, debt of 0.19 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 000500 from its 52-week high?
Gaon Cable trades at 180,900 KRW, about 62% below its 52-week high of 477,000 KRW and 393% above the low of 36,692 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 53,137 KRW is for.
Which stocks are comparable to Gaon Cable?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, Inc, 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 Gaon Cable stock attractive at the current price?
The data as of Nov 2, 2026: price 180,900 KRW, calculated fair value 53,137 KRW (−71%), Quality Score 39/100, from 25 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 000500 calculated?
We run Gaon Cable through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 53,137 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. Gaon Cable 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 Gaon Cable (000500)?
The closing price on Nov 6, 2026 was 180,900 KRW. Our model-based fair value is 53,137 KRW, about 71% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Gaon Cable right now?
The price sits above even our optimistic bull case (69,078 KRW). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (31,486 KRW to 69,078 KRW) leaves room in how you read the outcome.
Key figures of Gaon Cable
How large is the market capitalisation of Gaon Cable (000500)?
The market capitalisation of Gaon Cable is 3.0T KRW (≈ $2.2B). 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 Gaon Cable (000500)?
The price-to-sales ratio of Gaon Cable is 2.47 (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 Gaon Cable (000500)?
Earnings per share at Gaon Cable are 3,886 KRW (price ÷ EPS = P/E 61.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Gaon Cable (000500)?
The dividend yield of Gaon Cable is 0.0% (payout 1.4%). 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 Gaon Cable (000500)?
The net margin of Gaon Cable is 2.2% (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 Gaon Cable (000500)?
The return on equity (ROE) of Gaon Cable is 13.1% (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 Gaon Cable (000500)?
On an EBIT basis the return on assets of Gaon Cable is 4.4% (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 Gaon Cable (000500)?
The operating margin of Gaon Cable is 4.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Gaon Cable (000500)?
Revenue at Gaon Cable is growing +35.1% versus a year earlier (3y avg +21.6%). 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 Gaon Cable (000500)?
Earnings per share at Gaon Cable are growing +59.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Gaon Cable (000500) carry?
The net debt of Gaon Cable is 276B KRW (fiscal year 2025, ≈ 16.1 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 2, 2026