Shinwon (009270) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Shinwon stock KRW 1,398, price KRW 997, upside +40.2%, quality 44 out of 100. Rating: 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 966.00 KRW – 3,176 KRW · fair‑value band 543.86 KRW – 2,086 KRW · the 997.00 KRW price screens below the 1,398 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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ShinWon Corporation produces and sells men's wear, women's wear, casual, sports, and accessories in South Korea.
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Its owned women's wear brands include Besti Belli, SI, VIKI, and ISABEY; and men's wear brands comprise SIEG, SIEG FAHRENHEIT, Vanhart Di Albazar, and MARKM. The company also exports its products to the United States and Europe. It operates stores, as well as sells through online portal.
ShinWon Corporation was founded in 1973 and is headquartered in Seoul, South Korea.
Stock analysis
Shinwon (009270) currently trades at 997.00 KRW, while our model-based Fair Value estimate is 1,398 KRW, implying the stock looks roughly 29% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 1,645 KRW per share, and 2 of the 5 models we run sit above the 997.00 KRW price.
Bear case: the Earnings-Based group reads lowest at 618.97 KRW, and 3 of the 5 models stay below the price. Data coverage for this calculation is low.
Scenario range: 543.86 KRW (bear) to 2,086 KRW (bull), the price of 997.00 KRW sits inside 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 44/100 (below-average quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Shinwon reported revenue of 1.1T KRW in FY2025 versus 879B KRW in FY2021, a compound +5.6%/yr. Reported net income was −2.6B KRW in FY2025.
Key figures
Market cap 87.0B KRW (≈ $64.3M) Micro · P/E ratio 19.2 · P/S ratio 0.08 · EPS (TTM) 50.37 KRW · Dividend yield 5.0% · Net margin 0.4% · Return on equity 1.8% · Return on assets (EBIT) 4.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (medium confidence).
What moves the price
The share trades about 36% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −7% fair-value upside, at 40%, 009270 screens cheaper than that median.
Fair Value models
Bear543.86 KRWFair Value 1,398 KRWBull2,086 KRW
Price 997.00 KRW · Upside +40.2%
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 (0.3155 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
EPV497.55 KRW618.97 KRW718.93 KRW74
ROIC Compounder497.55 KRW618.97 KRW718.93 KRW72
EV/EBITDA639.83 KRW1,827 KRW3,014 KRW62
All 6 models by family
Earnings-Based
EPV497.55 KRW618.97 KRW718.93 KRW74
Multiples
EV/EBITn/a930.07 KRW1,893 KRW61
EV/EBITDA639.83 KRW1,827 KRW3,014 KRW62
EV/Revenuen/an/a694.71 KRW50
Asset-Based
NCAV (Graham)1,227 KRW1,645 KRW2,455 KRW54
Economic Profit
ROIC Compounder497.55 KRW618.97 KRW718.93 KRW72
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.48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+16.3%
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.
+3.1%
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.
+9.5%
Start year 2020 (pandemic). Over 10 years: +5.5% 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.
+3.3%
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Profit margin (trend) ⓘ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.
0.0% (2020) → 1.7% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
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.Apparel Manufacturing · 213 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside+40.2% · Above median
Profitability
Return on equity (12 months)1.8% · Below median
Return on assets−0.4% · Bottom 25%
Net margin (12 months)0.4% · Below median
Operating margin (12 months)2.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)10.6% · Above median
Dividend yield (12 months)5.0% · Above median
Balance sheet
Debt / equity0.28× · Highest 25%
Valuation Multiplesvs Apparel Manufacturing 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). "Shinwon Fair Value". https://www.fairvalue-calculator.com/stock/009270
Frequently asked questions
Is Shinwon (009270) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 1,398 KRW versus a price of 997.00 KRW, about +40% upside (undervalued).
What is the fair value of 009270?
Our model-based fair value for Shinwon is 1,398 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 997.00 KRW.
What is the quality score of 009270?
Shinwon has a Quality Score of 44/100. 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 Shinwon (009270)?
Our model-based price target is the fair value of 1,398 KRW (as of Nov 7, 2026) from 6 valuation models. Cautious scenario 543.86 KRW, optimistic scenario 2,086 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Shinwon stock forecast for 2026?
Our models put fair value at 1,398 KRW, about +40% upside versus a price of 997.00 KRW (undervalued). Cautious scenario 543.86 KRW, optimistic scenario 2,086 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Shinwon (009270)?
Shinwon reported trailing-twelve-month revenue of about 1.1T KRW (latest available figure, as of Nov 7, 2026).
Does Shinwon pay a dividend?
Shinwon currently shows a dividend yield of 5.02% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Shinwon (009270) and when is the ex-dividend date?
Shinwon pays a dividend of 50.00 KRW per share a year, a dividend yield of 5.0%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since 2021. The payout ratio is 99.3% 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 Shinwon (009270)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shinwon it is 1,398 KRW per share (as of Nov 7, 2026), against a price of 997.00 KRW. It is the blended result of 6 valuation models in 4 families (Earnings-Based, Multiples, Asset-Based, Economic Profit).
Is Shinwon stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 009270 trades below its calculated fair value: price 997.00 KRW, fair value 1,398 KRW, a gap of about +40% (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 009270?
No. The price is what the market pays today (997.00 KRW); the fair value is what the company's own numbers justify (1,398 KRW). For Shinwon the two are 400.83 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Shinwon worth?
The market values Shinwon at about 87.0B KRW (market capitalisation, as of Nov 7, 2026). Per share that is 997.00 KRW; our models calculate a fair value of 1,398 KRW per share.
What do the bullish and bearish scenarios say about 009270?
Our models span a range for Shinwon: cautious scenario 543.86 KRW, base 1,398 KRW, optimistic 2,086 KRW per share (as of Nov 7, 2026, price 997.00 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 009270?
Shinwon trades at a price-to-earnings ratio of 19.2 (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 1,398 KRW is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2019 to 2024), reported earnings: 18.3. Other multiples: P/B 0.4, P/S 0.1, EV/EBITDA 3.0.
How solid is the balance sheet of Shinwon (009270)?
Balance-sheet figures for Shinwon (as of Nov 7, 2026): return on equity 1.8%, debt of 0.28 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is 009270 from its 52-week high?
Shinwon trades at 997.00 KRW, about 36% below its 52-week high of 1,564 KRW and 3% above the low of 966.00 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1,398 KRW is for.
Which stocks are comparable to Shinwon?
From the same area (Consumer Cyclical) we also value Ralph Lauren Corporation, Moncler S.p.A, LPP SA, Levi Strauss & Co, 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 Shinwon stock attractive at the current price?
The data as of Nov 7, 2026: price 997.00 KRW, calculated fair value 1,398 KRW (+40%), Quality Score 44/100, 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 009270 calculated?
We run Shinwon through 6 models from 4 families: Earnings-Based, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 1,398 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. Shinwon currently trades 29% 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 Shinwon (009270)?
The closing price on Nov 6, 2026 was 997.00 KRW. Our model-based fair value is 1,398 KRW, about +40% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shinwon right now?
The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (543.86 KRW to 2,086 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Shinwon
How large is the market capitalisation of Shinwon (009270)?
The market capitalisation of Shinwon is 87.0B KRW (≈ $64.3M). 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 Shinwon (009270)?
The price-to-sales ratio of Shinwon is 0.08 (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 Shinwon (009270)?
Earnings per share at Shinwon are 50.37 KRW (price ÷ EPS = P/E 19.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shinwon (009270)?
The dividend yield of Shinwon is 5.0% (payout 99.3%). 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 Shinwon (009270)?
The net margin of Shinwon is 0.4% (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 Shinwon (009270)?
The return on equity (ROE) of Shinwon is 1.8% (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 Shinwon (009270)?
On an EBIT basis the return on assets of Shinwon 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 Shinwon (009270)?
The operating margin of Shinwon is 2.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shinwon (009270)?
Revenue at Shinwon is growing +10.6% versus a year earlier (3y avg +3.1%). 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 Shinwon (009270)?
Earnings per share at Shinwon are growing −16.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shinwon (009270) generate?
The free cash flow of Shinwon is −41.6B 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 Shinwon (009270) carry?
The net debt of Shinwon is 256B 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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Thin data
Nov 7, 2026