Eugene Corporation (023410) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Eugene Corporation stock KRW 3,356, price KRW 3,250, upside +3.3%, quality 44 out of 100. Rating: fairly valued. Calculated from audited financials with 2 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 8, 2026.
How to read this chart
60‑month range 2,719 KRW – 4,877 KRW · fair‑value band 1,950 KRW – 5,052 KRW · the 3,250 KRW price screens below the 3,356 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Eugene Corporation produces, distributes, and sells construction materials in South Korea and internationally.
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The company offers building materials, including concrete mixer truck, ascon, rebar, sectional steel, other steel materials, earthmoving pile, wood, brick blocks, cement, dry mortar, insulation, board, flooring, tiles, sanitary facilities, doors, furniture, home appliances, winter fuel, and civil materials; trending equipment materials, such as electric vehicle charger, system heating and cooling, ventilation system, pdf water tank, fire suppression system, automatic water soap dispenser, and kitchen water saving systems; and homeday products, including home day door, furniture, tiles, rubber tile, gangmaru, and verdi food processors.
The company also offers concrete mixer truck, and construction materials distribution. The company was formerly known as Howoo Mulsan Co., Ltd. and changed its name to Eugene Corporation in 1994. The company was founded in 1984 and is based in Seoul, South Korea.
Stock analysis
Eugene Corporation (023410) currently trades at 3,250 KRW, while our model-based Fair Value estimate is 3,356 KRW, so the stock looks roughly fairly valued today (gap 3.2%).
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Valuation
How firm this estimate is: it rests on 2 models at a data quality of 84/100, which puts the data coverage at medium.
Scenario range: 1,950 KRW (bear) to 5,052 KRW (bull), the price of 3,250 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 Financial Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Eugene Corporation reported revenue of 1.3T KRW in FY2025 versus 1.3T KRW in FY2021, a compound −0.2%/yr. Reported net income was −10.2B KRW in FY2025.
Key figures
Market cap 223B KRW (≈ $165M) Micro · P/S ratio 0.15 · EPS (TTM) −708.11 KRW · Dividend yield 5.5% · Net margin −3.5% · Return on equity −6.2% · Return on assets (EBIT) 1.3% (5-year average) · Operating margin 3.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 17 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −11% fair-value upside, at 3%, 023410 screens cheaper than that median.
Fair Value models
Bear1,950 KRWFair Value 3,356 KRWBull5,052 KRW
Price 3,250 KRW · Upside +3.3%
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.
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.19/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−4.4%
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.
−1.8%
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.
−1.6%
Start year 2020 (pandemic). Over 10 years: +4.1% a year
Revenue growth 24 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.
+10.3%
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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.
9.1% (2020) → 2.4% (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
not computed
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).
+54.3%
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 +51.2% a year for the price.
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.Capital Markets · 384 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Bottom 25%
Fair Value upside+3.3% · Below median
Profitability
Return on assets−0.4% · Bottom 25%
Net margin (12 months)−3.5% · Bottom 25%
Operating margin (12 months)3.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)5.9% · Below median
Dividend yield (12 months)5.5% · Top 25%
Balance sheet
Debt / equity0.30× · Above median
Valuation Multiplesvs Capital Markets 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). "Eugene Corporation Fair Value". https://www.fairvalue-calculator.com/stock/023410
Frequently asked questions
Is Eugene Corporation (023410) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 3,356 KRW versus a price of 3,250 KRW, about +3% upside (fairly valued).
What is the fair value of 023410?
Our model-based fair value for Eugene Corporation is 3,356 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 3,250 KRW.
What is the quality score of 023410?
Eugene Corporation 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 Eugene Corporation (023410)?
Our model-based price target is the fair value of 3,356 KRW (as of Nov 8, 2026) from 2 valuation models. Cautious scenario 1,950 KRW, optimistic scenario 5,052 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Eugene Corporation stock forecast for 2026?
Our models put fair value at 3,356 KRW, about +3% upside versus a price of 3,250 KRW (fairly valued). Cautious scenario 1,950 KRW, optimistic scenario 5,052 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Eugene Corporation (023410)?
Eugene Corporation reported trailing-twelve-month revenue of about 1.4T KRW (latest available figure, as of Nov 8, 2026).
Does Eugene Corporation pay a dividend?
Eugene Corporation currently shows a dividend yield of 5.54% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Eugene Corporation (023410) and when is the ex-dividend date?
Eugene Corporation pays a dividend of 180.00 KRW per share a year, a dividend yield of 5.5%. The last ex-dividend date was Mar 30, 2026. Free cash flow covers the dividend 0.61 times. 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 growth is priced into Eugene Corporation (023410)?
For today's price to be fair in a discounted-cash-flow model, Eugene Corporation would have to grow free cash flow by +54.3 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -1.6 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 023410 use?
Our models discount Eugene Corporation at 11.9 %: a base by market capitalisation (micro), damped by beta 0.62, 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 Eugene Corporation that is +54.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has Eugene Corporation (023410) delivered so far?
Over the past 5 years revenue at Eugene Corporation grew -1.6 % a year. The price currently implies free-cash-flow growth of +54.3 % 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 Eugene Corporation (023410) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Eugene Corporation (+54.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Eugene Corporation (023410)?
The free-cash-flow yield on the price is 3.36 %: that much free cash flow Eugene Corporation produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Eugene Corporation (023410)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Eugene Corporation it is 3,356 KRW per share (as of Nov 8, 2026), against a price of 3,250 KRW. It is the blended result of 2 valuation models in 2 families (Asset-Based, Growth DCF).
Is Eugene Corporation stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 023410 trades below its calculated fair value: price 3,250 KRW, fair value 3,356 KRW, a gap of about +3% (fairly valued). 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 023410?
No. The price is what the market pays today (3,250 KRW); the fair value is what the company's own numbers justify (3,356 KRW). For Eugene Corporation the two are 106.23 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Eugene Corporation worth?
The market values Eugene Corporation at about 223B KRW (market capitalisation, as of Nov 8, 2026). Per share that is 3,250 KRW; our models calculate a fair value of 3,356 KRW per share.
What do the bullish and bearish scenarios say about 023410?
Our models span a range for Eugene Corporation: cautious scenario 1,950 KRW, base 3,356 KRW, optimistic 5,052 KRW per share (as of Nov 8, 2026, price 3,250 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Eugene Corporation (023410)?
Balance-sheet figures for Eugene Corporation (as of Nov 8, 2026): return on equity −6.2%, debt of 0.30 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is 023410 from its 52-week high?
Eugene Corporation trades at 3,250 KRW, about 33% below its 52-week high of 4,877 KRW and 7% above the low of 3,025 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 3,356 KRW is for.
Which stocks are comparable to Eugene Corporation?
From the same area (Financial Services) we also value Morgan Stanley, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers 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 Eugene Corporation stock attractive at the current price?
The data as of Nov 8, 2026: price 3,250 KRW, calculated fair value 3,356 KRW (+3%), Quality Score 44/100, from 2 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 023410 calculated?
We run Eugene Corporation through 2 models from 2 families: Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 3,356 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. Eugene Corporation currently trades 3% 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 Eugene Corporation (023410)?
The closing price on Nov 6, 2026 was 3,250 KRW. Our model-based fair value is 3,356 KRW, about +3% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Eugene Corporation right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (1,950 KRW to 5,052 KRW) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Eugene Corporation
How large is the market capitalisation of Eugene Corporation (023410)?
The market capitalisation of Eugene Corporation is 223B KRW (≈ $165M). 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 Eugene Corporation (023410)?
The price-to-sales ratio of Eugene Corporation 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 Eugene Corporation (023410)?
Earnings per share at Eugene Corporation are −708.11 KRW. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Eugene Corporation (023410)?
The dividend yield of Eugene Corporation is 5.5%. 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 Eugene Corporation (023410)?
The net margin of Eugene Corporation is −3.5% (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 Eugene Corporation (023410)?
The return on equity (ROE) of Eugene Corporation is −6.2% (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 Eugene Corporation (023410)?
On an EBIT basis the return on assets of Eugene Corporation is 1.3% (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 Eugene Corporation (023410)?
The operating margin of Eugene Corporation is 3.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Eugene Corporation (023410)?
Revenue at Eugene Corporation is growing +5.9% versus a year earlier (3y avg −1.8%). 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 Eugene Corporation (023410)?
Earnings per share at Eugene Corporation are growing +573% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Eugene Corporation (023410) carry?
The net debt of Eugene Corporation is 852B 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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Nov 8, 2026