Daedong Steel Co. Ltd (048470) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Daedong Steel Co. Ltd stock KRW 473, price KRW 2,515, that is 81.2% below the price, quality 53 out of 100. Rating: strongly overvalued. Calculated from audited financials with 10 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 5, 2026.
How to read this chart
60‑month range 2,310 KRW – 7,923 KRW · fair‑value band 354.96 KRW – 591.60 KRW · the 2,515 KRW price screens above the 473.28 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Daedong Steel Co., Ltd. manufactures and sells steel products.
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It offers hot-rolled coil, plate, and skelp products; hot-rolled steel plates; and cold-rolled coils/cold-rolled steel plates, electrical galvanized/galvanized steel plates, hot-dip galvanized steel/pickled and oiled steel products, as well as other products.
The company was incorporated in 1973 and is headquartered in Incheon, South Korea.
Stock analysis
Daedong Steel Co. Ltd (048470) currently trades at 2,515 KRW, while our model-based Fair Value estimate is 473.28 KRW, 81% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of 4,454 KRW per share, and 3 of the 10 models we run sit above the 2,515 KRW price.
Bear case: the Dividend Discount group reads lowest at 326.57 KRW, and 7 of the 10 models stay below the price. Data coverage for this calculation is low.
Scenario range: 354.96 KRW (bear) to 591.60 KRW (bull), the price of 2,515 KRW sits above 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 53/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Daedong Steel Co. Ltd reported revenue of 119B KRW in FY2025 versus 165B KRW in FY2021, a compound −7.9%/yr. Reported net income was 276M KRW in FY2025, compounding −62.9%/yr from FY2021.
Key figures
Market cap 23.4B KRW (≈ $17.3M) Micro · P/S ratio 0.12 · Dividend yield 1.1% · Net margin −3.2% · Return on equity 4.7% · Return on assets (EBIT) 0.8% (5-year average) · Operating margin −3.7% · Revenue (TTM) 196B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 18 out of 100 (low confidence).
What moves the price
The share trades about 37% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 28% fair-value upside, at −81%, 048470 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (316.15 KRW to 6,004 KRW). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear354.96 KRWFair Value 473.28 KRWBull591.60 KRW
Price 2,515 KRW · Downside -81.2%
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.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.24/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−14.7%
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.
+2.3%
Start year 2020 (pandemic). Over 10 years: +2.6% a year
Revenue growth 11 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.
+0.8%
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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.
0.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.1%
Dividend (yield on the price)1.1%
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.−1.1% vs −23.5%, 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% → −1%
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.Metals & Mining · 29 stocks
Beats the industry median on 5/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score53 · Above median
Fair Value upside−81.2% · Bottom 25%
Profitability
Return on equity (12 months)4.7% · Top 25%
Return on assets0.3% · Below median
Net margin (12 months)0.2% · Bottom 25%
Operating margin (12 months)−3.7% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)39.6% · Top 25%
Dividend yield (12 months)1.1% · Bottom 25%
Valuation Multiplesvs Metals & Mining median · lower = cheaper
P/B0.33× · Cheaper than median
P/S (12 months)0.12× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 29
FUTURE (revenue growth)100· sector 0
PAST (return on equity)19· sector 0
HEALTH (low debt)100· sector 98
DIVIDEND (yield)21· sector 77
VALUE 0: the price sits above our fair-value range.
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.
Is Daedong Steel Co. Ltd (048470) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 473.28 KRW versus a price of 2,515 KRW, about 81% lower (overvalued).
What is the fair value of 048470?
Our model-based fair value for Daedong Steel Co. Ltd is 473.28 KRW (as of Nov 5, 2026), built from audited fundamentals. The current price: 2,515 KRW.
What is the quality score of 048470?
Daedong Steel Co. Ltd has a Quality Score of 53/100. 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 Daedong Steel Co. Ltd (048470)?
Our model-based price target is the fair value of 473.28 KRW (as of Nov 5, 2026) from 10 valuation models. Cautious scenario 354.96 KRW, optimistic scenario 591.60 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Daedong Steel Co. Ltd stock forecast for 2026?
Our models put fair value at 473.28 KRW, about 81% lower versus a price of 2,515 KRW (overvalued). Cautious scenario 354.96 KRW, optimistic scenario 591.60 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Daedong Steel Co. Ltd (048470)?
Daedong Steel Co. Ltd reported trailing-twelve-month revenue of about 196B KRW (latest available figure, as of Nov 5, 2026).
Does Daedong Steel Co. Ltd pay a dividend?
Daedong Steel Co. Ltd currently shows a dividend yield of 1.06% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Daedong Steel Co. Ltd (048470)?
Daedong Steel Co. Ltd has a dividend yield of 1.1%. A dividend has been paid every year since at least 2002. Our assessment: Safety not assessed. Payout ratio and cash coverage are not available, so we do not judge how safe this dividend is.
What is the intrinsic value of Daedong Steel Co. Ltd (048470)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Daedong Steel Co. Ltd it is 473.28 KRW per share (as of Nov 5, 2026), against a price of 2,515 KRW. It is the blended result of 10 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Daedong Steel Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 048470 trades above its calculated fair value: price 2,515 KRW, fair value 473.28 KRW, a gap of about −81% (overvalued). 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 048470?
No. The price is what the market pays today (2,515 KRW); the fair value is what the company's own numbers justify (473.28 KRW). For Daedong Steel Co. Ltd the two are 2,042 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Daedong Steel Co. Ltd worth?
The market values Daedong Steel Co. Ltd at about 23.4B KRW (market capitalisation, as of Nov 5, 2026). Per share that is 2,515 KRW; our models calculate a fair value of 473.28 KRW per share.
What do the bullish and bearish scenarios say about 048470?
Our models span a range for Daedong Steel Co. Ltd: cautious scenario 354.96 KRW, base 473.28 KRW, optimistic 591.60 KRW per share (as of Nov 5, 2026, price 2,515 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Daedong Steel Co. Ltd (048470)?
Balance-sheet figures for Daedong Steel Co. Ltd (as of Nov 5, 2026): return on equity 4.7%. They feed the Quality Score of 53/100, which measures business quality independently of the share price.
How far is 048470 from its 52-week high?
Daedong Steel Co. Ltd trades at 2,515 KRW, about 37% below its 52-week high of 4,000 KRW and 9% above the low of 2,310 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 473.28 KRW is for.
Which stocks are comparable to Daedong Steel Co. Ltd?
From the same area (Basic Materials) we also value PX, AT, LCB, APX, 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 Daedong Steel Co. Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price 2,515 KRW, calculated fair value 473.28 KRW (−81%), Quality Score 53/100, 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 048470 calculated?
We run Daedong Steel Co. Ltd through 10 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 473.28 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. Daedong Steel Co. Ltd itself currently trades above fair value. 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 Daedong Steel Co. Ltd (048470)?
The closing price on Nov 6, 2026 was 2,515 KRW. Our model-based fair value is 473.28 KRW, about 81% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Daedong Steel Co. Ltd right now?
The price sits above even our optimistic bull case (591.60 KRW). The favourable scenario is already priced in. 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 but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Daedong Steel Co. Ltd
How large is the market capitalisation of Daedong Steel Co. Ltd (048470)?
The market capitalisation of Daedong Steel Co. Ltd is 23.4B KRW (≈ $17.3M). 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 Daedong Steel Co. Ltd (048470)?
The price-to-sales ratio of Daedong Steel Co. Ltd is 0.12 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Daedong Steel Co. Ltd (048470)?
The dividend yield of Daedong Steel Co. Ltd is 1.1%. 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 Daedong Steel Co. Ltd (048470)?
The net margin of Daedong Steel Co. Ltd is −3.2% (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 Daedong Steel Co. Ltd (048470)?
The return on equity (ROE) of Daedong Steel Co. Ltd is 4.7% (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 Daedong Steel Co. Ltd (048470)?
On an EBIT basis the return on assets of Daedong Steel Co. Ltd is 0.8% (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 Daedong Steel Co. Ltd (048470)?
The operating margin of Daedong Steel Co. Ltd is −3.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Daedong Steel Co. Ltd (048470)?
Revenue at Daedong Steel Co. Ltd is growing +39.6% 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 Daedong Steel Co. Ltd (048470)?
Earnings per share at Daedong Steel Co. Ltd are growing +624% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Daedong Steel Co. Ltd (048470) generate?
The free cash flow of Daedong Steel Co. Ltd is −5.8B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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Thin data
Nov 5, 2026