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SeAH Besteel Holdings (001430) Fair Value & Analysis

Basic Materials · KR · Market cap 1.3T KRW

SB SeAH Besteel Holdings 001430 · KO
Price41,600 KRW
Fair Value33,682 KRW
Upside-19.0%
Quality51/100
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Mixed Growth
Thin margins · 1.9% net margin
Low debt · negative free cash flow
3.70% dividend yield
Mixed vs. peers (5/10)
Narrow moat 23/100
Evidence: Medium Range 25,261 KRW – 42,102 KRW Share as image

Fair value as of: Jul 23, 2026

From 12 valuation models · updated 17 days ago

Fair value updated Jul 23, 2026, revised from 26,639 KRW to 33,682 KRW (+26.4%) since Jul 21, 2026. Share price +38.0% over the past month.

A solid business, but screening 19% overvalued on our models.

What matters now

  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from 25,261 KRW (bear) to 42,102 KRW (bull), base 33,682 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 51/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

88,805 KRW 11,476 KRW Fair Value 33,682 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 11,476 KRW – 88,805 KRW · fair‑value band 25,261 KRW – 42,102 KRW · the 41,600 KRW price screens above the 33,682 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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Analysis

SeAH Besteel Holdings (001430) currently trades at 41,600 KRW, while our model-based Fair Value estimate is 33,682 KRW, implying the stock looks roughly 19.0% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Basic Materials 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: medium).

Over the trailing twelve months, SeAH Besteel Holdings generated revenue of 3.7T KRW at a net margin of 1.9%. Revenue grew 7.5% year over year. It earns a return on equity of 3.7%. Net debt stands at 1.0T KRW. Fundamentals as of Jul 23, 2026

Our scenario range runs from 25,261 KRW (bear case) to 42,102 KRW (bull case); at 41,600 KRW, the current price sits within 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. The share trades about 54% below its 52-week high and 90% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -25% fair-value upside, at -19%, 001430 screens cheaper 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 BearBaseBull Evidence
Highest evidence
Residual Income 39,738 KRW 38,672 KRW 33,075 KRW 76
ROIC Compounder 733.98 KRW 3,910 KRW 6,733 KRW 72
Growth-Adj P/E 14,588 KRW 20,839 KRW 27,091 KRW 68
All 12 models by family
Earnings-Based
Graham-Dodd 10,656 KRW 20,991 KRW 26,304 KRW 54
EPV 733.98 KRW 3,910 KRW 6,733 KRW 59
Multiples
P/E Multiple 19,979 KRW 26,639 KRW 33,299 KRW 63
P/S Multiple 19,979 KRW 26,639 KRW 33,299 KRW 58
P/B Multiple 19,979 KRW 26,639 KRW 33,299 KRW 55
EV/EBIT 16,031 KRW 27,128 KRW 38,226 KRW 53
EV/EBITDA 32,935 KRW 49,668 KRW 66,401 KRW 54
EV/Revenue 11,592 KRW 23,958 KRW 36,324 KRW 43
Asset-Based
NCAV (Graham) 27,096 KRW 36,308 KRW 54,192 KRW 50
Economic Profit
Residual Income 39,738 KRW 38,672 KRW 33,075 KRW 76
ROIC Compounder 733.98 KRW 3,910 KRW 6,733 KRW 72
Growth Earnings
Growth-Adj P/E 14,588 KRW 20,839 KRW 27,091 KRW 68

Widest divergence: Asset-Based (36,308 KRW) versus Earnings-Based (3,910 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 3.7T KRW
Revenue growth (YoY) +7.5%
Net margin 1.9%
Return on equity 3.7%
Free cash flow −88.4B KRW FY2025
Operating margin 3.2%
More key figures
Dividend yield 2.5%
EPS growth (YoY) +257%
Net debt 1.0T KRW FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 49 · Market factors (momentum, volatility) 28

Profitability 30
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 32
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 46
Distance to the 52-week high (market factor)
Net Issuance 82
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.

About the company

SeAH Besteel Holdings Corporation manufactures and sells special steel products in South Korea, the rest of Asia, South America, North America, Oceania, Europe, and internationally. It operates through Special Steel and Aluminum Extrusion divisions.

Full company description

SeAH Besteel Holdings Corporation manufactures and sells special steel products in South Korea, the rest of Asia, South America, North America, Oceania, Europe, and internationally. It operates through Special Steel and Aluminum Extrusion divisions. The company offers special steel products comprising rolled materials, forgings, and secondary processed materials; open-die forging products consisting of shells, rings, shafts, hollow bars, rolls, discs, blocks, and mold steel, as well as forgings for ship engines; nuclear power materials and equipment, such as casks, canisters, and nuclear forgings; and automotive parts, undercarriage parts, and machinery parts. It also engages in the manufacture and sale of stainless-steel pipes; and mining-related business investment activities. The company's products are used in energy, machinery, automotive bearing, shipbuilding, and nuclear applications. It exports its products. The company was founded in 1955 and is headquartered in Seoul, South Korea. SeAH Besteel Holdings Corporation operates as a subsidiary of SeAH Holdings Co. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SeAH Besteel Holdings reported revenue of 3.7T KRW in FY2025 versus 3.7T KRW in FY2021, a compound +0.0%/yr. Reported net income was 56.2B KRW in FY2025, compounding −25.8%/yr from FY2021.

Growth Quality 35/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.7T KRW
Latest YoY
+0.4%
Avg. growth/yr (3Y)
−5.9%
Avg. growth/yr (5Y)
+7.6%
Avg. growth/yr (13Y)
+4.0%
Revenue +0.0%/yr
FY21 3.7T KRW
FY22 4.4T KRW
FY23 4.1T KRW
FY24 3.6T KRW
FY25 3.7T KRW
Net income −25.8%/yr
FY21 186B KRW
FY22 91.0B KRW
FY23 128B KRW
FY24 20.2B KRW
FY25 56.2B KRW

001430 screens 19% overvalued. Compare with Tata Steel Limited →

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Cite: Fair Value Calculator (2026). "SeAH Besteel Holdings Fair Value". https://www.fairvalue-calculator.com/stock/001430

Peer Group

Steel · 378 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 51 · Above median
Fair Value upside −19% · Below median
Return on equity (TTM) 4% · Above median
Return on assets 2% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 8% · Above median
Dividend yield (TTM) 3.7% · Above median
Debt / equity 0.44× · Higher than 75% of peers

Valuation Multiples vs Steel median · lower = cheaper

EV/EBITDA 2.6× · Cheaper than 75% of peers

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.

VALUE 8 · sector 20
FUTURE 38 · sector 4
PAST 15 · sector 15
HEALTH 78 · sector 95
DIVIDEND 74 · sector 41

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
SSAB AB SSABA kr 96.04 kr 72.43 -25%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%

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Frequently asked questions

Is SeAH Besteel Holdings (001430) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 33,682 KRW versus a price of 41,600 KRW, about −19% (overvalued).
What is the fair value of 001430?
Our model-based fair value for SeAH Besteel Holdings is 33,682 KRW (as of Jul 23, 2026), built from audited fundamentals. The current price is 41,600 KRW.
What is the quality score of 001430?
SeAH Besteel Holdings has a Quality Score of 51/100. 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 SeAH Besteel Holdings (001430)?
SeAH Besteel Holdings reported trailing-twelve-month revenue of about 3.7T KRW (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 001430?
The net profit margin of SeAH Besteel Holdings is about 1.9%, meaning it keeps roughly 1.9% of revenue as net income. Based on the latest reported figures.
Does SeAH Besteel Holdings pay a dividend?
SeAH Besteel Holdings currently shows a dividend yield of about 2.51% relative to its recent price (as of Jul 23, 2026).

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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