Hyosung Corp (004800) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Hyosung Corp stock KRW 164,011, price KRW 115,200, upside +42.4%, quality 67 out of 100. Rating: undervalued. Calculated from audited financials with 12 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 3, 2026.
How to read this chart
60‑month range 36,065 KRW – 276,000 KRW · fair‑value band 118,315 KRW – 184,513 KRW · the 115,200 KRW price screens below the 164,011 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 3, 2026.
Follow Hyosung in your weekly email
Every Wednesday you see whether Hyosung is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Hyosung Corporation, together with its subsidiaries, engages in the manufacture of chemical fibers in Korea and internationally. The company operates through textile and trading segments.
Show moreShow less
It engages in the provision of nylon and polyester yarns and fabrics, and dyeing products; spandex products under the creora brand; steel and chemical trade; and material solutions for semiconductor and display technology environments.
The company also provides power transmission and distribution grid solutions; industrial infrastructure solutions; renewable energy; plant pumps; and building and general pumps; housing, civil engineering, and architecture services.
In addition, it offers chemical products including polypropylene, poketone, film, optical film, and membrane products; technologies including financial automation solutions, ATMs, IT services, fintech, and blockchain services; content delivery network, information and communication system design and implementation, and system maintenance and support.
Further, the company provides electronic payments, mobile gift certificates and coupons, convenience store cash services, convenience store payments, Moneytree app, and Moneytree card; vehicle sales and operation of Ferrari and Maserati official service centers; production of smart optical films and high-functional tapes; sports marketing, advertising and production, event and exhibition management, broadcast program production, digital marketing and content creation; and LED display systems, architectural and landscape lighting, and development and manufacturing of LED lighting equipment and integrated systems.
The company was incorporated in 1966 and is headquartered in Seoul, South Korea.
Stock analysis
Hyosung Corp (004800) currently trades at 115,200 KRW, while our model-based Fair Value estimate is 164,011 KRW, implying the stock looks roughly 30% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 511,183 KRW per share, and 8 of the 12 models we run sit above the 115,200 KRW price.
Bear case: the Dividend Discount group reads lowest at 22,292 KRW, and 4 of the 12 models stay below the price. Data coverage for this calculation is high.
Scenario range: 118,315 KRW (bear) to 184,513 KRW (bull), the price of 115,200 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 67/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Hyosung Corp reported revenue of 2.4T KRW in FY2025 versus 3.5T KRW in FY2021, a compound −9.0%/yr. Reported net income was 330B KRW in FY2025, compounding −6.9%/yr from FY2021.
Key figures
Market cap 1.9T KRW (≈ $1.4B) Small · P/E ratio 4.2 · P/S ratio 0.97 · EPS (TTM) 27,628 KRW · Dividend yield 4.3% · Net margin 18.2% · Return on equity 19.4% · Return on assets (EBIT) 5.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 73 out of 100 (low confidence).
What moves the price
The share trades about 58% 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 42%, 004800 screens cheaper than that median.
Fair Value models
Bear118,315 KRWFair Value 164,011 KRWBull184,513 KRW
Price 115,200 KRW · Upside +42.4%
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 (19,342 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
+7.0%
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.
−13.2%
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.
−2.7%
Start year 2020 (pandemic). Over 10 years: −15.1% 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.
−2.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
≈ +6.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +2.1%
Dividend (yield on the price)4.3%
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.base effect: 7.8% / −5.5%
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.5% → 16%
2025 sits 2,411% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
⚠ Revenue per share shrinking 13.6%/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.
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 13560 per share, median 34860 in 2016 to 2018). It measures the recovery from the trough, not lasting growth.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
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).
+7.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +5.5% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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 13/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+42.4% · Above median
Profitability
Return on equity (12 months)19.4% · Top 25%
Return on assets7.8% · Top 25%
Net margin (12 months)23.3% · Top 25%
Operating margin (12 months)31.1% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)21.9% · Top 25%
Dividend yield (12 months)4.3% · Top 25%
Balance sheet
Debt / equity0.30× · Above median
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/E (12 months)4.2× · Cheapest 25%
P/B0.79× · Cheaper than median
P/S (12 months)0.97× · Cheaper than median
Price / free cash flow (fiscal year)9.7× · Cheaper than median
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). "Hyosung Corp Fair Value". https://www.fairvalue-calculator.com/stock/004800
Frequently asked questions
Is Hyosung Corp (004800) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 164,011 KRW versus a price of 115,200 KRW, about +42% upside (undervalued).
What is the fair value of 004800?
Our model-based fair value for Hyosung Corp is 164,011 KRW (as of Nov 3, 2026), built from audited fundamentals. The current price: 115,200 KRW.
What is the quality score of 004800?
Hyosung Corp has a Quality Score of 67/100. 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 Hyosung Corp (004800)?
Our model-based price target is the fair value of 164,011 KRW (as of Nov 3, 2026) from 12 valuation models. Cautious scenario 118,315 KRW, optimistic scenario 184,513 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Hyosung Corp stock forecast for 2026?
Our models put fair value at 164,011 KRW, about +42% upside versus a price of 115,200 KRW (undervalued). Cautious scenario 118,315 KRW, optimistic scenario 184,513 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Hyosung Corp (004800)?
Hyosung Corp reported trailing-twelve-month revenue of about 2.5T KRW (latest available figure, as of Nov 3, 2026).
Does Hyosung Corp pay a dividend?
Hyosung Corp currently shows a dividend yield of 4.34% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Hyosung Corp (004800) and when is the ex-dividend date?
Hyosung Corp pays a dividend of 5,000 KRW per share a year, a dividend yield of 4.3%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since 2006. The payout ratio is 18.1% of earnings. Free cash flow covers the dividend 3.03 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 Hyosung Corp (004800)?
For today's price to be fair in a discounted-cash-flow model, Hyosung Corp would have to grow free cash flow by +7.7 % per year for five years (discount rate 13.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -2.7 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 004800 use?
Our models discount Hyosung Corp at 13.6 %: a base by market capitalisation (small), damped by beta 1.66, 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 Hyosung Corp that is +7.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.6 %) and the same formula as our fair value.
How much growth has Hyosung Corp (004800) delivered so far?
Over the past 5 years revenue at Hyosung Corp grew -2.7 % a year. The price currently implies free-cash-flow growth of +7.7 % 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 Hyosung Corp (004800) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Hyosung Corp (+7.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Hyosung Corp (004800)?
The free-cash-flow yield on the price is 13.15 %: that much free cash flow Hyosung Corp produces per unit of market value. When it exceeds the discount rate of our models (13.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hyosung Corp (004800)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hyosung Corp it is 164,011 KRW per share (as of Nov 3, 2026), against a price of 115,200 KRW. It is the blended result of 12 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Hyosung Corp stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 004800 trades below its calculated fair value: price 115,200 KRW, fair value 164,011 KRW, a gap of about +42% (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 004800?
No. The price is what the market pays today (115,200 KRW); the fair value is what the company's own numbers justify (164,011 KRW). For Hyosung Corp the two are 48,811 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Hyosung Corp worth?
The market values Hyosung Corp at about 1.9T KRW (market capitalisation, as of Nov 3, 2026). Per share that is 115,200 KRW; our models calculate a fair value of 164,011 KRW per share.
What do the bullish and bearish scenarios say about 004800?
Our models span a range for Hyosung Corp: cautious scenario 118,315 KRW, base 164,011 KRW, optimistic 184,513 KRW per share (as of Nov 3, 2026, price 115,200 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 004800?
Hyosung Corp trades at a price-to-earnings ratio of 4.2 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 164,011 KRW is built from several models across several years. Other multiples: P/B 0.8, P/S 1.0, EV/EBITDA 4.7.
How solid is the balance sheet of Hyosung Corp (004800)?
Balance-sheet figures for Hyosung Corp (as of Nov 3, 2026): return on equity 19.4%, debt of 0.30 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is 004800 from its 52-week high?
Hyosung Corp trades at 115,200 KRW, about 58% below its 52-week high of 276,000 KRW and 3% above the low of 112,300 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 164,011 KRW is for.
Which stocks are comparable to Hyosung 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 Hyosung Corp stock attractive at the current price?
The data as of Nov 3, 2026: price 115,200 KRW, calculated fair value 164,011 KRW (+42%), Quality Score 67/100, from 12 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 004800 calculated?
We run Hyosung Corp through 12 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 164,011 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. Hyosung Corp currently trades 30% 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 Hyosung Corp (004800)?
The closing price on Nov 6, 2026 was 115,200 KRW. Our model-based fair value is 164,011 KRW, about +42% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hyosung Corp right now?
The price is below even our cautious bear case (118,315 KRW). The market is more pessimistic than our downside scenario. Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Hyosung Corp
How large is the market capitalisation of Hyosung Corp (004800)?
The market capitalisation of Hyosung Corp is 1.9T KRW (≈ $1.4B). 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 Hyosung Corp (004800)?
The price-to-sales ratio of Hyosung Corp is 0.97 (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 Hyosung Corp (004800)?
Earnings per share at Hyosung Corp are 27,628 KRW (price ÷ EPS = P/E 4.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hyosung Corp (004800)?
The dividend yield of Hyosung Corp is 4.3% (payout 18.1%). 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 Hyosung Corp (004800)?
The net margin of Hyosung Corp is 18.2% (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 Hyosung Corp (004800)?
The return on equity (ROE) of Hyosung Corp is 19.4% (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 Hyosung Corp (004800)?
On an EBIT basis the return on assets of Hyosung Corp is 5.6% (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 Hyosung Corp (004800)?
The operating margin of Hyosung Corp is 31.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hyosung Corp (004800)?
Revenue at Hyosung Corp is growing +21.9% versus a year earlier (3y avg −13.2%). 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 Hyosung Corp (004800)?
Earnings per share at Hyosung Corp are growing +173% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Hyosung Corp (004800) carry?
The net debt of Hyosung Corp is 1.1T KRW (fiscal year 2025, ≈ 4.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Hyosung Corp in the live analysis
One click puts Hyosung Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 3, 2026