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KR Motors Co. Ltd. (000040) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 23.1B KRW (≈ $16.1M) · ISIN KR7000040006

KM KR Motors Co. Ltd. 000040 · KO
Price1,481 KRW
Fair Value286.13 KRW
Upside-80.7%
Quality41/100
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Strengths

Highly profitable · 142.2% net margin

Risks

!Trades 418% ABOVE our fair value of 286.13 KRW
!Weak Growth (revenue 5y −34.9 %/yr)
!Low debt · negative free cash flow
!Trails peers (2/8)
Weak Growth (revenue 5y −34.9 %/yr)
Highly profitable · 142.2% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 41/100
Evidence: Low Range 213.53 KRW – 427.06 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 17 days ago

Share price +32.9% over the past month.

Below-average quality, and trading another 418% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price sits above even our optimistic bull case (427.06 KRW). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (213.53 KRW to 427.06 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

18,920 KRW 267.00 KRW Fair Value 286.13 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 267.00 KRW – 18,920 KRW · fair‑value band 213.53 KRW – 427.06 KRW · the 1,481 KRW price screens above the 286.13 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

KR Motors Co. Ltd. (000040) currently trades at 1,481 KRW, while our model-based Fair Value estimate is 286.13 KRW, implying the stock looks roughly 80.7% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 13.4B KRW. Revenue declined 13.2% year over year. It earns a return on equity of 40.6%. Net debt stands at 31.9B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 213.53 KRW (bear case) to 427.06 KRW (bull case); at 1,481 KRW, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at -81%, 000040 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
NCAV (Graham) best evidence 252.84 KRW 338.81 KRW 505.68 KRW 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence 252.84 KRW 338.81 KRW 505.68 KRW 54

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Key figures & financial health

P/S ratio 1.72 TTM
Net margin -13.7% FY2025
Return on equity 40.6% TTM
Return on assets (EBIT) -3.8% avg 5y
Operating margin -26.2% TTM
Revenue (TTM) 13.4B KRW TTM
More key figures
Growth
Revenue growth (YoY) -13.2% 3y avg -50.9%
Balance sheet & cash flow
Free cash flow −6.6B KRW FY2025
Net debt 31.9B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 37 · Market factors (momentum, volatility) 32

Profitability 4
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 50
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

KR Motors Co., Ltd. manufactures and sells motorcycles in South Korea and internationally. It provides bikes; scooters; and electric vehicles. The company was formerly known as S&T Motors Co., Ltd. and changed its name to KR Motors Co., Ltd. in April 2014. KR Motors Co., Ltd. was founded in 1917 and is headquartered in Changwon-Si, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KR Motors Co. Ltd. reported revenue of 13.8B KRW in FY2025 versus 134B KRW in FY2021, a compound −43.3%/yr. Reported net income was −1.9B KRW in FY2025.

Growth Quality 16/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
13.8B KRW
Latest YoY
−13.8%
Avg. revenue growth/yr (3Y) 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.
−50.9%
Avg. revenue growth/yr (5Y) 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.
−34.9%
Avg. revenue growth/yr (23Y) 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.
−8.7%
Value creation/yr 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
Revenue −43.3%/yr
FY21 134B KRW
FY22 117B KRW
FY23 13.3B KRW
FY24 16.0B KRW
FY25 13.8B KRW
Net income
FY21 −9.5B KRW
FY22 −6.7B KRW
FY23 −15.9B KRW
FY24 −11.4B KRW
FY25 −1.9B KRW

000040 screens 418% overvalued. Compare with Zhejiang Cfmoto Power Co →

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Cite: Fair Value Calculator (2026). "KR Motors Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/000040

Peer Group

Recreational Vehicles · 39 stocks

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.

Quality Score 37 · Below median
Fair Value upside −81% · Bottom 25%
Return on equity (TTM) 41% · Top 25%
Return on assets -1% · Below median
Net margin (TTM) 142% · Top 25%
Operating margin (TTM) -26% · Bottom 25%
Revenue growth -13% · Bottom 25%
Debt / equity 0.45× · Higher than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 23
FUTURE0 · sector 3
PAST100 · sector 12
HEALTH77 · sector 89
DIVIDEND0 · sector 59

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Recreational Vehicles stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Zhejiang Cfmoto Power Co 603129 ¥283.50 ¥199.10 -30%
Brunswick Corporation BC $82.30 $13.56 -84%
BRP Inc DOO C$89.11 C$86.81 -3%
Polaris Inc PII $63.78 $29.83 -53%
THOR Industries, Inc THO $77.85 $97.14 +25%
Trigano S.A TRI €152.10 €273.48 +80%
Patrick Industries, Inc PATK $83.66 $85.54 +2%
Harley-Davidson, Inc HOG $27.85 $64.09 +130%
LCI Industries, LCII $101.98 $156.35 +53%
Sanlorenzo S.p.A SL €37.48 €37.41 -0%

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Frequently asked questions

Is KR Motors Co. Ltd. (000040) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 286.13 KRW versus a price of 1,481 KRW, about −81% (overvalued).
What is the fair value of 000040?
Our model-based fair value for KR Motors Co. Ltd. is 286.13 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 1,481 KRW.
What is the quality score of 000040?
KR Motors Co. Ltd. has a Quality Score of 41/100. 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 revenue of KR Motors Co. Ltd. (000040)?
KR Motors Co. Ltd. reported trailing-twelve-month revenue of about 13.4B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 000040?
The net profit margin of KR Motors Co. Ltd. is about 142.2%, meaning it keeps roughly 142.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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