Lion Chemtech Co. Ltd (171120) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Lion Chemtech Co. Ltd stock KRW 3,370, price KRW 1,932, upside +74.4%, quality 69 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 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 9, 2026.
How to read this chart
60‑month range 1,820 KRW – 5,629 KRW · fair‑value band 2,930 KRW – 4,212 KRW · the 1,932 KRW price screens below the 3,370 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
Follow Lion Chemtech Co. in your weekly email
Every Wednesday you see whether Lion Chemtech Co. 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.
Lion Chemtech Co., Ltd. provides artificial marbles and wax products in South Korea.
Show moreShow less
The company offers acrylic solid surfaces under the TriStone name and quartz surfaces under the BLACKSTONE brand for use in kitchen, bathroom, interior, and work of art; and accessories, such as shower trays, bathtubs, sink bowls and wash basins, and adhesives.
It also provides LDPE, low polymer, LLDPE, HDPE, M-VLDPE, M-HDPE, oxidized PE, specialty, Homo PP, M-Homo PP, random co PP, POE, and EBS wax products that are used as PVC slip and mold releasing agents; and rubber, plastic, print ink, toner, cable, and hot melt additives, as well as in pigment dispersion and paint modification.
In addition, the company manufactures and sells synthetic wax products. The company was formerly known as Lion Chemical and changed its name to Lion Chemtech Co., Ltd. in January 2001. Lion Chemtech Co., Ltd. was founded in 1973 and is headquartered in Daejeon, South Korea.
Stock analysis
Lion Chemtech Co. Ltd (171120) currently trades at 1,932 KRW, while our model-based Fair Value estimate is 3,370 KRW, implying the stock looks roughly 43% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 6,748 KRW per share, and 21 of the 24 models we run sit above the 1,932 KRW price.
Bear case: the Dividend Discount group reads lowest at 363.55 KRW, and 3 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: 2,930 KRW (bear) to 4,212 KRW (bull), the price of 1,932 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 69/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Lion Chemtech Co. Ltd reported revenue of 130B KRW in FY2025 versus 150B KRW in FY2021, a compound −3.5%/yr. Reported net income was 8.5B KRW in FY2025, compounding −0.1%/yr from FY2021.
Key figures
Market cap 68.2B KRW (≈ $50.4M) Micro · P/E ratio 4.1 · P/S ratio 0.47 · EPS (TTM) 473.45 KRW · Dividend yield 5.2% · Net margin 11.5% · Return on equity 12.1% · Return on assets (EBIT) 6.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 34% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at 74%, 171120 screens cheaper than that median.
Fair Value models
Bear2,930 KRWFair Value 3,370 KRWBull4,212 KRW
Price 1,932 KRW · Upside +74.4%
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 (320.24 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 is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−8.1%
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.
−5.0%
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.
−0.3%
Start year 2020 (pandemic). Over 10 years: +1.3% 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.
+1.2%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−5.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.9%
Dividend (yield on the price)5.2%
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.−10.9% vs −12.2%, steady
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.7% → 9%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 8.8%/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.
Growth Forecast
Little optimism in the price
The price assumes less 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).
−31.4%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 −32.8% 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.Specialty Chemicals · 728 stocks
Beats the industry median on 12/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside+74.4% · Top 25%
Profitability
Return on equity (12 months)12.1% · Top 25%
Return on assets5.1% · Above median
Net margin (12 months)11.5% · Top 25%
Operating margin (12 months)12.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)9.6% · Below median
Dividend yield (12 months)5.2% · Top 25%
Valuation Multiplesvs Specialty Chemicals 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.
Is Lion Chemtech Co. Ltd (171120) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 3,370 KRW versus a price of 1,932 KRW, about +74% upside (undervalued).
What is the fair value of 171120?
Our model-based fair value for Lion Chemtech Co. Ltd is 3,370 KRW (as of Nov 9, 2026), built from audited fundamentals. The current price: 1,932 KRW.
What is the quality score of 171120?
Lion Chemtech Co. Ltd has a Quality Score of 69/100. 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 Lion Chemtech Co. Ltd (171120)?
Our model-based price target is the fair value of 3,370 KRW (as of Nov 9, 2026) from 24 valuation models. Cautious scenario 2,930 KRW, optimistic scenario 4,212 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Lion Chemtech Co. Ltd stock forecast for 2026?
Our models put fair value at 3,370 KRW, about +74% upside versus a price of 1,932 KRW (undervalued). Cautious scenario 2,930 KRW, optimistic scenario 4,212 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Lion Chemtech Co. Ltd (171120)?
Lion Chemtech Co. Ltd reported trailing-twelve-month revenue of about 145B KRW (latest available figure, as of Nov 9, 2026).
Does Lion Chemtech Co. Ltd pay a dividend?
Lion Chemtech Co. Ltd currently shows a dividend yield of 5.18% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Lion Chemtech Co. Ltd (171120) and when is the ex-dividend date?
Lion Chemtech Co. Ltd pays a dividend of 100.00 KRW per share a year, a dividend yield of 5.2%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since at least 2013. The payout ratio is 21.1% of earnings. Free cash flow covers the dividend 5.75 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 Lion Chemtech Co. Ltd (171120)?
For today's price to be fair in a discounted-cash-flow model, Lion Chemtech Co. Ltd would have to grow free cash flow by -31.4 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -0.4 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 171120 use?
Our models discount Lion Chemtech Co. Ltd at 11.6 %: a base by market capitalisation (micro), damped by beta 0.29, 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 Lion Chemtech Co. Ltd that is -31.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Lion Chemtech Co. Ltd (171120) delivered so far?
Over the past 5 years revenue at Lion Chemtech Co. Ltd grew -0.4 % a year. The price currently implies free-cash-flow growth of -31.4 % 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 Lion Chemtech Co. Ltd (171120) growing?
The median revenue growth in the sector is +14.3 % a year. That is the yardstick for the growth priced into Lion Chemtech Co. Ltd (-31.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lion Chemtech Co. Ltd (171120)?
The free-cash-flow yield on the price is 29.77 %: that much free cash flow Lion Chemtech Co. Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lion Chemtech Co. Ltd (171120)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lion Chemtech Co. Ltd it is 3,370 KRW per share (as of Nov 9, 2026), against a price of 1,932 KRW. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Lion Chemtech Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 171120 trades below its calculated fair value: price 1,932 KRW, fair value 3,370 KRW, a gap of about +74% (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 171120?
No. The price is what the market pays today (1,932 KRW); the fair value is what the company's own numbers justify (3,370 KRW). For Lion Chemtech Co. Ltd the two are 1,438 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Lion Chemtech Co. Ltd worth?
The market values Lion Chemtech Co. Ltd at about 68.2B KRW (market capitalisation, as of Nov 9, 2026). Per share that is 1,932 KRW; our models calculate a fair value of 3,370 KRW per share.
What do the bullish and bearish scenarios say about 171120?
Our models span a range for Lion Chemtech Co. Ltd: cautious scenario 2,930 KRW, base 3,370 KRW, optimistic 4,212 KRW per share (as of Nov 9, 2026, price 1,932 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 171120?
Lion Chemtech Co. Ltd trades at a price-to-earnings ratio of 4.1 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 3,370 KRW is built from several models across several years. Other multiples: P/B 0.5, P/S 0.5, EV/EBITDA 1.0.
How solid is the balance sheet of Lion Chemtech Co. Ltd (171120)?
Balance-sheet figures for Lion Chemtech Co. Ltd (as of Nov 9, 2026): return on equity 12.1%. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 171120 from its 52-week high?
Lion Chemtech Co. Ltd trades at 1,932 KRW, about 34% below its 52-week high of 2,925 KRW and 2% above the low of 1,898 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 3,370 KRW is for.
Which stocks are comparable to Lion Chemtech Co. Ltd?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, 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 Lion Chemtech Co. Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price 1,932 KRW, calculated fair value 3,370 KRW (+74%), Quality Score 69/100, from 24 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 171120 calculated?
We run Lion Chemtech Co. Ltd through 24 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 3,370 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. Lion Chemtech Co. Ltd currently trades 43% 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 Lion Chemtech Co. Ltd (171120)?
The closing price on Nov 6, 2026 was 1,932 KRW. Our model-based fair value is 3,370 KRW, about +74% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lion Chemtech Co. Ltd right now?
The price is below even our cautious bear case (2,930 KRW). The market is more pessimistic than our downside scenario. Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Lion Chemtech Co. Ltd
How large is the market capitalisation of Lion Chemtech Co. Ltd (171120)?
The market capitalisation of Lion Chemtech Co. Ltd is 68.2B KRW (≈ $50.4M). 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 Lion Chemtech Co. Ltd (171120)?
The price-to-sales ratio of Lion Chemtech Co. Ltd is 0.47 (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 Lion Chemtech Co. Ltd (171120)?
Earnings per share at Lion Chemtech Co. Ltd are 473.45 KRW (price ÷ EPS = P/E 4.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lion Chemtech Co. Ltd (171120)?
The dividend yield of Lion Chemtech Co. Ltd is 5.2% (payout 21.1%). 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 Lion Chemtech Co. Ltd (171120)?
The net margin of Lion Chemtech Co. Ltd is 11.5% (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 Lion Chemtech Co. Ltd (171120)?
The return on equity (ROE) of Lion Chemtech Co. Ltd is 12.1% (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 Lion Chemtech Co. Ltd (171120)?
On an EBIT basis the return on assets of Lion Chemtech Co. Ltd is 6.1% (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 Lion Chemtech Co. Ltd (171120)?
The operating margin of Lion Chemtech Co. Ltd is 12.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lion Chemtech Co. Ltd (171120)?
Revenue at Lion Chemtech Co. Ltd is growing +9.6% versus a year earlier (3y avg −5.0%). 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 Lion Chemtech Co. Ltd (171120)?
Earnings per share at Lion Chemtech Co. Ltd are growing +69.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Lion Chemtech Co. Ltd (171120) carry?
The net debt of Lion Chemtech Co. Ltd is 2.7B KRW (fiscal year 2019, ≈ 0.1 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 Lion Chemtech Co. Ltd in the live analysis
One click puts Lion Chemtech Co. Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 9, 2026