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Data-driven stock valuation

CJ Corp (001040) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of CJ Corp stock KRW 196,894, price KRW 113,800, upside +73.0%, quality 48 out of 100. Rating: strongly undervalued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.

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Industrials KR · ISIN KR7001040005

CC CJ Corp logo Some data Nov 7, 2026

CJ Corp

001040 · KO
Cheap, value-trap risk

The stock costs 42% less than our calculation considers fair.

Fair value 196,894 KRW · Strongly undervalued (42%)
Generates free cash flow
2.9% dividend yield · Sustainable
Even on cautious assumptions the value is 21% above the price (137,517 KRW).
Quality 48/100
Mixed Growth (revenue 5y +7.1 %/yr in KRW)
Thin margins · 0.1% net margin (TTM)
Moderate debt
Some data
Trails peers (5/13)
Narrow moat 27/100 · thin data
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Price vs Fair Value

228,292 KRW 56,857 KRW Fair Value 196,894 KRW Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.

How to read this chart

60‑month range 56,857 KRW – 228,292 KRW · fair‑value band 137,517 KRW – 307,795 KRW · the 113,800 KRW price screens below the 196,894 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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Company profile

CJ Corporation engages in the food and food services, bio, logistics and retail, and entertainment and media businesses worldwide.

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It manufactures and sells food and beverages, and functional flavoring; cultivates crops; operates restaurants and bar; wholesales, retails, and e-commerce sale of bay salt; process meats; produces and sells frozen and refrigerated processed foods; distributes food ingredients; and farms livestock, as well as manufactures and sells feeds.

The company is involved in the wholesale and retail intermediary business; realty business; printing activities; logistics business; exhibition and event management; construction; freight terminal; storage and warehousing; manufacture and sale of equipment; sells advertising media; content production; management; music label; convergence culture; entertainment management; system integration and management; entrepreneurial investment; and life science research and development, as well as power generation and steam supply.

In addition, it provides storage and delivery services; advertising services; manufactures and sells lysine and methionine; produces animation and video; sells telecommunication; produces and supplies broadcast programs; operates movie theaters; offers broadcasting, film, music, and performance services; business support services; and provides inland transportation services.

Further, the company engages in record production and celebrity management; planning and production of performance; distribution of broadcast program; wholesale, retail, and e-commerce activities; retail of cosmetics; consultancy, development, and supply of software; rental business; research and development, and manufacture of enzyme; and real estate management, as well as warehouse and forwarding transportation arrangement.

The company was incorporated in 1953 and is headquartered in Seoul, South Korea.

Stock analysis

CJ Corp (001040) currently trades at 113,800 KRW, while our model-based Fair Value estimate is 196,894 KRW, implying the stock looks roughly 42% undervalued today.

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Valuation

Bull case: the Growth DCF group reads highest at a median of 1,481,941 KRW per share, and 8 of the 10 models we run sit above the 113,800 KRW price.

Bear case: the Earnings-Based group reads lowest at 93,480 KRW, and 2 of the 10 models stay below the price. Data coverage for this calculation is medium.

Scenario range: 137,517 KRW (bear) to 307,795 KRW (bull), the price of 113,800 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 48/100 (below-average quality), in the Industrials sector.

Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.

CJ Corp reported revenue of 45.0T KRW in FY2025 versus 34.5T KRW in FY2021, a compound +6.9%/yr. Reported net income was 143B KRW in FY2025, compounding −15.0%/yr from FY2021.

Key figures

Market cap 4.0T KRW (≈ $2.9B) Mid · P/E ratio 207.2 · P/S ratio 0.09 · EPS (TTM) 572.82 KRW · Dividend yield 2.9% · Net margin 0.1% · Return on equity −0.1% · Return on assets (EBIT) 4.8% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).

What moves the price

The share trades about 50% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at 73%, 001040 screens cheaper than that median.

Fair Value models

Bear 137,517 KRW Fair Value 196,894 KRW Bull 307,795 KRW
Price 113,800 KRW · Upside +73.0%
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. 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
Growth DCF 937,881 KRW 1,614,102 KRW 2,686,534 KRW 76
Residual Income 137,517 KRW 136,162 KRW 139,094 KRW 76
5Y P/E Exit 280,468 KRW 382,874 KRW 481,357 KRW 72
All 10 models by family
DCF Models
5Y P/E Exit 280,468 KRW 382,874 KRW 481,357 KRW 72
10Y P/E Exit 501,761 KRW 659,178 KRW 839,048 KRW 65
Earnings-Based
Graham-Dodd 36,020 KRW 138,599 KRW 187,843 KRW 64
Lynch FV 33,853 KRW 48,362 KRW 62,871 KRW 61
Dividend Discount
Gordon GGM 95,939 KRW 196,894 KRW 307,795 KRW 66
DDM Multi-Stage 95,939 KRW 167,293 KRW 207,018 KRW 67
Multiples
P/E Multiple 83,428 KRW 111,238 KRW 139,047 KRW 63
Growth DCF
Growth DCF 937,881 KRW 1,614,102 KRW 2,686,534 KRW 76
Rev-Margin DCF 775,413 KRW 1,349,780 KRW 2,051,223 KRW 71
Economic Profit
Residual Income 137,517 KRW 136,162 KRW 139,094 KRW 76

Open the full fair value analysis →

Quality Score breakdown

Overall quality 48/100

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

Profitability 36
How much profit the company makes from its sales and capital
Quality Growth 47
Are margins and returns getting better?
Cashflow 44
Do the profits arrive as real cash?
Financial strength 9
Debt, balance sheet and risk of trouble
Investment 90
Does it invest with discipline instead of growing at any price?
Low Volatility 50
How calm the share price moves, does not count
Price momentum 15
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 1
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. 69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+3.1%
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.
+3.2%
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.
+7.1%
Start year 2020 (pandemic). Over 10 years: +7.8% 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.
+11.1%
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.
−8.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.7%
Dividend (yield on the price)2.9%
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.−11.7% vs −3.8%, 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% → 6%
Pace: the 5-year rate starts in 2020 (pandemic)

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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.Conglomerates · 305 stocks

Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 48 · Below median
Fair Value upside +73.0% · Top 25%
Profitability
Return on assets 0.3% · Bottom 25%
Net margin (12 months) 0.1% · Bottom 25%
Operating margin (12 months) 4.6% · Below median
Growth and dividend
Revenue growth (quarter YoY) 3.7% · Below median
Dividend yield (12 months) 2.9% · Above median
Balance sheet
Debt / equity 1.17× · Highest 25%

Valuation Multiplesvs Conglomerates median · lower = cheaper

P/E (12 months) 207.2× · Priciest 25%
P/B 0.76× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months) 0.09× · Cheapest 25%
Price / free cash flow (fiscal year) 2.5× · Cheapest 25%
EV/EBITDA 1.3× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 51
FUTURE (revenue growth)19 · sector 38
PAST (return on equity)0 · sector 29
HEALTH (low debt)42 · sector 89
DIVIDEND (yield)58 · sector 46

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

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3M Company MMM $185.15 $73.02 −61% vs 001040
Swire Pacific Limited 0019 HK$112.20 HK$27.75 −75% vs 001040
Doosan Corporation 000150 638,000 KRW 95,752 KRW −85% vs 001040

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CJ Corp: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "CJ Corp Fair Value". https://www.fairvalue-calculator.com/stock/001040

Frequently asked questions

Is CJ Corp (001040) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 196,894 KRW versus a price of 113,800 KRW, about +73% upside (undervalued).
What is the fair value of 001040?
Our model-based fair value for CJ Corp is 196,894 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 113,800 KRW.
What is the quality score of 001040?
CJ Corp has a Quality Score of 48/100. 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 CJ Corp (001040)?
Our model-based price target is the fair value of 196,894 KRW (as of Nov 7, 2026) from 10 valuation models. Cautious scenario 137,517 KRW, optimistic scenario 307,795 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the CJ Corp stock forecast for 2026?
Our models put fair value at 196,894 KRW, about +73% upside versus a price of 113,800 KRW (undervalued). Cautious scenario 137,517 KRW, optimistic scenario 307,795 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of CJ Corp (001040)?
CJ Corp reported trailing-twelve-month revenue of about 46.3T KRW (latest available figure, as of Nov 7, 2026).
Does CJ Corp pay a dividend?
CJ Corp currently shows a dividend yield of 2.90% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of CJ Corp (001040) and when is the ex-dividend date?
CJ Corp pays a dividend of 3,300 KRW per share a year, a dividend yield of 2.9%. The last ex-dividend date was Mar 30, 2026. Free cash flow covers the dividend 18.09 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What is the intrinsic value of CJ Corp (001040)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CJ Corp it is 196,894 KRW per share (as of Nov 7, 2026), against a price of 113,800 KRW. It is the blended result of 10 valuation models in 6 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit).
Is CJ Corp stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 001040 trades below its calculated fair value: price 113,800 KRW, fair value 196,894 KRW, a gap of about +73% (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 001040?
No. The price is what the market pays today (113,800 KRW); the fair value is what the company's own numbers justify (196,894 KRW). For CJ Corp the two are 83,094 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is CJ Corp worth?
The market values CJ Corp at about 4.0T KRW (market capitalisation, as of Nov 7, 2026). Per share that is 113,800 KRW; our models calculate a fair value of 196,894 KRW per share.
What do the bullish and bearish scenarios say about 001040?
Our models span a range for CJ Corp: cautious scenario 137,517 KRW, base 196,894 KRW, optimistic 307,795 KRW per share (as of Nov 7, 2026, price 113,800 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 001040?
CJ Corp trades at a price-to-earnings ratio of 207.2 (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 196,894 KRW is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2018 to 2025), reported earnings: 12.3. Other multiples: P/B 0.8, P/S 0.1, EV/EBITDA 1.3.
How solid is the balance sheet of CJ Corp (001040)?
Balance-sheet figures for CJ Corp (as of Nov 7, 2026): return on equity −0.1%, debt of 1.17 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is 001040 from its 52-week high?
CJ Corp trades at 113,800 KRW, about 50% below its 52-week high of 228,292 KRW and 3% above the low of 111,000 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 196,894 KRW is for.
Which stocks are comparable to CJ Corp?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, Swire Pacific Limited, SGH 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 CJ Corp stock attractive at the current price?
The data as of Nov 7, 2026: price 113,800 KRW, calculated fair value 196,894 KRW (+73%), Quality Score 48/100, from 10 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 001040 calculated?
We run CJ Corp through 10 models from 6 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 196,894 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 13.0% above its aggregate fair value. CJ Corp currently trades 42% 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 CJ Corp (001040)?
The closing price on Nov 6, 2026 was 113,800 KRW. Our model-based fair value is 196,894 KRW, about +73% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CJ Corp right now?
The large discount to fair value meets weak quality (48/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (137,517 KRW). The market is more pessimistic than our downside scenario. A fairly wide model range (137,517 KRW to 307,795 KRW) leaves room in how you read the outcome.

Key figures of CJ Corp

How large is the market capitalisation of CJ Corp (001040)?
The market capitalisation of CJ Corp is 4.0T KRW (≈ $2.9B). 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 CJ Corp (001040)?
The price-to-sales ratio of CJ Corp is 0.09 (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 CJ Corp (001040)?
Earnings per share at CJ Corp are 572.82 KRW (price ÷ EPS = P/E 207.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of CJ Corp (001040)?
The dividend yield of CJ Corp is 2.9%. 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 CJ Corp (001040)?
The net margin of CJ Corp is 0.1% (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 CJ Corp (001040)?
The return on equity (ROE) of CJ Corp is −0.1% (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 CJ Corp (001040)?
On an EBIT basis the return on assets of CJ Corp is 4.8% (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 CJ Corp (001040)?
The operating margin of CJ Corp is 4.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CJ Corp (001040)?
Revenue at CJ Corp is growing +3.7% versus a year earlier (3y avg +3.2%). 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 CJ Corp (001040)?
Earnings per share at CJ Corp are growing −62.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does CJ Corp (001040) generate?
The free cash flow of CJ Corp is 1.6T 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 CJ Corp (001040) carry?
The net debt of CJ Corp is 11.2T KRW (fiscal year 2025, ≈ 6.9 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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