Wooshin System (017370) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Wooshin System stock KRW 6,381, price KRW 3,480, upside +83.4%, quality 52 out of 100. Rating: strongly undervalued. Calculated from audited financials with 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 1,929 KRW – 10,564 KRW · fair‑value band 4,259 KRW – 8,695 KRW · the 3,480 KRW price screens below the 6,381 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 4, 2026.
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Wooshin Systems Co., Ltd. develops, manufactures, and sells automotive body assembly systems and body parts in South Korea and internationally.
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The company offers engineering solutions comprising automotive system design and after sales services; electric vehicle batteries for battery and electric vehicle manufacturers; and retractors, retractor pretensioners, active seat belts, buckles, lap pretensioners, rear retractors, height adjusters, and guide loops.
It also provides exterior body parts, such as doors and closures, and other parts; and automotive interior components, including interior trim components and parts, as well as console side panels and pillar trims.
Wooshin Systems Co., Ltd. was founded in 1984 and is headquartered in Siheung-Si, South Korea.
Stock analysis
Wooshin System (017370) currently trades at 3,480 KRW, while our model-based Fair Value estimate is 6,381 KRW, implying the stock looks roughly 45% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 51,333 KRW per share, and 24 of the 26 models we run sit above the 3,480 KRW price.
Bear case: the Dividend Discount group reads lowest at 652.17 KRW, and 2 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 4,259 KRW (bear) to 8,695 KRW (bull), the price of 3,480 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 52/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Wooshin System reported revenue of 389B KRW in FY2025 versus 262B KRW in FY2021, a compound +10.3%/yr. Reported net income was 15.0B KRW in FY2025.
Key figures
Market cap 52.9B KRW (≈ $39.1M) Micro · P/E ratio 3.9 · P/S ratio 0.15 · EPS (TTM) 901.75 KRW · Dividend yield 0.9% · Net margin 3.9% · Return on equity 9.4% · Return on assets (EBIT) 5.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (medium confidence).
What moves the price
The share trades about 50% below its 52-week high and 4% 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 83%, 017370 screens cheaper than that median.
Fair Value models
Bear4,259 KRWFair Value 6,381 KRWBull8,695 KRW
Price 3,480 KRW · Upside +83.4%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
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 (747.56 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 DCF47,943 KRW69,054 KRW97,179 KRW81
Growth DCF48,156 KRW66,377 KRW89,097 KRW79
Owner Earnings17,156 KRW24,407 KRW34,067 KRW77
All 26 models by family
DCF Models
FCF DCF47,943 KRW69,054 KRW97,179 KRW81
Owner Earnings17,156 KRW24,407 KRW34,067 KRW77
5Y Revenue Exit27,010 KRW35,498 KRW45,494 KRW74
5Y EBITDA Exit30,090 KRW41,285 KRW53,737 KRW76
5Y P/E Exit28,549 KRW38,390 KRW48,298 KRW72
10Y Revenue Exit34,924 KRW44,341 KRW55,745 KRW68
10Y EBITDA Exit37,025 KRW47,994 KRW61,472 KRW70
10Y P/E Exit36,131 KRW46,167 KRW57,693 KRW65
Earnings-Based
Graham-Dodd6,713 KRW21,468 KRW28,628 KRW64
Lynch FV4,748 KRW6,782 KRW8,817 KRW61
PEG = 1.04,748 KRW6,782 KRW8,817 KRW57
EPV10,797 KRW12,106 KRW13,194 KRW74
Dividend Discount
Gordon GGM389.06 KRW694.63 KRW948.74 KRW68
DDM Multi-Stage389.06 KRW609.70 KRW742.76 KRW67
Multiples
P/E Multiple16,289 KRW21,719 KRW27,149 KRW63
P/S Multiple12,587 KRW16,783 KRW20,979 KRW58
P/B Multiple5,793 KRW7,725 KRW9,656 KRW55
EV/EBIT10,520 KRW16,694 KRW22,869 KRW64
EV/EBITDA11,201 KRW17,603 KRW24,004 KRW66
EV/Revenue4,483 KRW9,834 KRW15,185 KRW51
Asset-Based
NCAV (Graham)5,313 KRW7,120 KRW10,627 KRW54
Growth DCF
Growth DCF48,156 KRW66,377 KRW89,097 KRW79
Rev-Margin DCF27,010 KRW36,289 KRW47,341 KRW74
Economic Profit
Residual Income8,839 KRW9,334 KRW10,457 KRW76
ROIC Compounder10,797 KRW12,637 KRW14,830 KRW72
Growth Earnings
Growth-Adj P/E13,529 KRW19,327 KRW25,125 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.73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−31.0%
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.
+15.1%
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.
+9.3%
Start year 2020 (pandemic). Over 10 years: +4.0% a year
Revenue growth 17 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.
+7.9%
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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.
≈ +24.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+23.1%
Dividend (yield on the price)0.9%
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.23.1% vs 5.9%, 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% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Approximate: the rate leans on 2025, which sits 107% above its own trend.
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 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score52 · Below median
Fair Value upside+83.4% · Top 25%
Profitability
Return on equity (12 months)9.4% · Above median
Return on assets3.8% · Above median
Net margin (12 months)3.9% · Below median
Operating margin (12 months)−4.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−14.7% · Bottom 25%
Dividend yield (12 months)0.9% · Below median
Balance sheet
Debt / equity0.06× · 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). "Wooshin System Fair Value". https://www.fairvalue-calculator.com/stock/017370
Frequently asked questions
Is Wooshin System (017370) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 6,381 KRW versus a price of 3,480 KRW, about +83% upside (undervalued).
What is the fair value of 017370?
Our model-based fair value for Wooshin System is 6,381 KRW (as of Nov 4, 2026), built from audited fundamentals. The current price: 3,480 KRW.
What is the quality score of 017370?
Wooshin System has a Quality Score of 52/100. 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 Wooshin System (017370)?
Our model-based price target is the fair value of 6,381 KRW (as of Nov 4, 2026) from 26 valuation models. Cautious scenario 4,259 KRW, optimistic scenario 8,695 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Wooshin System stock forecast for 2026?
Our models put fair value at 6,381 KRW, about +83% upside versus a price of 3,480 KRW (undervalued). Cautious scenario 4,259 KRW, optimistic scenario 8,695 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Wooshin System (017370)?
Wooshin System reported trailing-twelve-month revenue of about 354B KRW (latest available figure, as of Nov 4, 2026).
Does Wooshin System pay a dividend?
Wooshin System currently shows a dividend yield of 0.86% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Wooshin System (017370) and when is the ex-dividend date?
Wooshin System pays a dividend of 30.00 KRW per share a year, a dividend yield of 0.9%. The last ex-dividend date was Dec 29, 2025. The payout ratio is 3.3% of earnings. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What is the intrinsic value of Wooshin System (017370)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Wooshin System it is 6,381 KRW per share (as of Nov 4, 2026), against a price of 3,480 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Wooshin System stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 017370 trades below its calculated fair value: price 3,480 KRW, fair value 6,381 KRW, a gap of about +83% (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 017370?
No. The price is what the market pays today (3,480 KRW); the fair value is what the company's own numbers justify (6,381 KRW). For Wooshin System the two are 2,901 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Wooshin System worth?
The market values Wooshin System at about 52.9B KRW (market capitalisation, as of Nov 4, 2026). Per share that is 3,480 KRW; our models calculate a fair value of 6,381 KRW per share.
What do the bullish and bearish scenarios say about 017370?
Our models span a range for Wooshin System: cautious scenario 4,259 KRW, base 6,381 KRW, optimistic 8,695 KRW per share (as of Nov 4, 2026, price 3,480 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 017370?
Wooshin System trades at a price-to-earnings ratio of 3.9 (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 6,381 KRW is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2016 to 2025), reported earnings: 10.5. Other multiples: P/B 0.3, P/S 0.1, EV/EBITDA 2.0.
How solid is the balance sheet of Wooshin System (017370)?
Balance-sheet figures for Wooshin System (as of Nov 4, 2026): return on equity 9.4%, debt of 0.06 per unit of equity. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is 017370 from its 52-week high?
Wooshin System trades at 3,480 KRW, about 50% below its 52-week high of 6,930 KRW and 4% above the low of 3,340 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 6,381 KRW is for.
Which stocks are comparable to Wooshin System?
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 Wooshin System stock attractive at the current price?
The data as of Nov 4, 2026: price 3,480 KRW, calculated fair value 6,381 KRW (+83%), Quality Score 52/100, from 26 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 017370 calculated?
We run Wooshin System through 26 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 6,381 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. Wooshin System currently trades 45% 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 Wooshin System (017370)?
The closing price on Nov 6, 2026 was 3,480 KRW. Our model-based fair value is 6,381 KRW, about +83% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Wooshin System right now?
The price is below even our cautious bear case (4,259 KRW). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (4,259 KRW to 8,695 KRW) leaves room in how you read the outcome.
Key figures of Wooshin System
How large is the market capitalisation of Wooshin System (017370)?
The market capitalisation of Wooshin System is 52.9B KRW (≈ $39.1M). 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 Wooshin System (017370)?
The price-to-sales ratio of Wooshin System is 0.15 (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 Wooshin System (017370)?
Earnings per share at Wooshin System are 901.75 KRW (price ÷ EPS = P/E 3.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Wooshin System (017370)?
The dividend yield of Wooshin System is 0.9% (payout 3.3%). 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 Wooshin System (017370)?
The net margin of Wooshin System is 3.9% (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 Wooshin System (017370)?
The return on equity (ROE) of Wooshin System is 9.4% (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 Wooshin System (017370)?
On an EBIT basis the return on assets of Wooshin System is 5.2% (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 Wooshin System (017370)?
The operating margin of Wooshin System is −4.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Wooshin System (017370)?
Revenue at Wooshin System is growing −14.7% versus a year earlier (3y avg +15.1%). 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 Wooshin System (017370)?
Earnings per share at Wooshin System are growing −74.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Wooshin System (017370) generate?
The free cash flow of Wooshin System is 69.6B 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 Wooshin System (017370) carry?
The net debt of Wooshin System is 122B KRW (fiscal year 2025, ≈ 1.7 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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Thin data
Nov 4, 2026