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Hyundai Motor Securities Co (001500) Fair Value & Analysis

Financial Services · KR · Market cap 492B KRW

HM Hyundai Motor Securities Co 001500 · KO
Price8,110 KRW
Fair Value13,492 KRW
Upside+66.4%
Quality22/100
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Weak Growth
Thin margins · 3.3% net margin
Moderate debt · negative free cash flow
4.74% dividend yield
Mixed vs. peers (4/9)
Narrow moat 41/100
Evidence: Medium Range 10,119 KRW – 16,865 KRW Share as image

Fair value as of: Jul 23, 2026

From 2 valuation models · updated 17 days ago

Share price −2.8% over the past month.

Below-average quality, screening 66% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (22/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (10,119 KRW). The market is more pessimistic than our downside scenario.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

13,332 KRW 5,043 KRW Fair Value 13,492 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 5,043 KRW – 13,332 KRW · fair‑value band 10,119 KRW – 16,865 KRW · the 8,110 KRW price screens below the 13,492 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.

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Analysis

Hyundai Motor Securities Co (001500) currently trades at 8,110 KRW, while our model-based Fair Value estimate is 13,492 KRW, implying the stock looks roughly 66.4% undervalued today. The Quality Score stands at 22/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Hyundai Motor Securities Co generated revenue of 2.0T KRW at a net margin of 3.3%. Revenue grew 126.7% year over year. It earns a return on equity of 4.5%. Net debt stands at 2.4T KRW. Fundamentals as of Jul 23, 2026

Our scenario range runs from 10,119 KRW (bear case) to 16,865 KRW (bull case); at 8,110 KRW, the current price sits below 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 44% below its 52-week high and 15% 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 66%, 001500 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 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
P/B Multiple 14,881 KRW 19,841 KRW 24,801 KRW 55
NCAV (Graham) 11,671 KRW 15,639 KRW 23,342 KRW 50
All 2 models by family
Multiples
P/B Multiple 14,881 KRW 19,841 KRW 24,801 KRW 55
Asset-Based
NCAV (Graham) 11,671 KRW 15,639 KRW 23,342 KRW 50

Widest divergence: Multiples (19,841 KRW) versus Asset-Based (15,639 KRW). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) 2.0T KRW
Revenue growth (YoY) +127%
Net margin 3.3%
Return on equity 4.5%
Free cash flow −210B KRW FY2025
Operating margin 25.7%
More key figures
Dividend yield 4.7%
EPS growth (YoY) +2.9%
Net debt 2.4T KRW FY2025

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

Quality Score breakdown

Overall quality 22/100

Of which business quality 24 · Market factors (momentum, volatility) 25

Profitability 26
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 0
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

Hyundai Motor Securities Co.,Ltd. provides financial products and services in South Korea. The company offers stock brokerage and advisory services; derivative product brokerage and advisory services; wrap account portfolio management services; and HNW and UHNW wealth management and tax planning services, as well as investment products and advisory services.

Full company description

Hyundai Motor Securities Co.,Ltd. provides financial products and services in South Korea. The company offers stock brokerage and advisory services; derivative product brokerage and advisory services; wrap account portfolio management services; and HNW and UHNW wealth management and tax planning services, as well as investment products and advisory services. It also provides institutional equities, derivatives, and futures brokerage services, as well as sells institutional products, such as trusts, MMFs, RPs, funds, etc. In addition, the company offers equity offering, ABS, real estate PF, real estate PF securitization, BTL/BTO, CB/BW/EB and M&A, offshore SOC, structured financing, asset securitization, real estate sales, IPO advisory, DCM, and private equity fund and fund management services; and CMA/RP portfolio management and fixed-income based principal investments, as well as engages in the OTC derivatives issuance, management, and brokerage activities. Further, it provides research services, including macroeconomic forecasts and stock market outlooks, industry overviews and forecasts, fixed-income strategies, and corporate credit and valuation analysis services. Additionally, the company offers a range of retirement and pension, and tailored member education services for individuals and organizations; portfolios and asset allocation consulting and marketing services; retirement pension plan design services; contract and payment management services; pension plan advisory and IFRS standard actuarial services; and system development and implementation services, as well as operates call centers for retirement pension services, etc. Hyundai Motor Securities Co.,Ltd. was founded in 1955 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hyundai Motor Securities Co reported revenue of 323B KRW in FY2025 versus 339B KRW in FY2021, a compound −1.2%/yr. Reported net income was 57.7B KRW in FY2025, compounding −16.3%/yr from FY2021.

Growth Quality 21/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
323B KRW
Latest YoY
+22.3%
Avg. 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.
−0.9%
Avg. 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.
+1.8%
Avg. growth/yr (26Y) 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.
+3.3%
Revenue −1.2%/yr
FY21 339B KRW
FY22 331B KRW
FY23 251B KRW
FY24 264B KRW
FY25 323B KRW
Net income −16.3%/yr
FY21 118B KRW
FY22 87.1B KRW
FY23 53.5B KRW
FY24 36.2B KRW
FY25 57.7B KRW

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Cite: Fair Value Calculator (2026). "Hyundai Motor Securities Co Fair Value". https://www.fairvalue-calculator.com/stock/001500

Peer Group

Capital Markets · 424 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 25 · Bottom 25%
Fair Value upside +66% · Top 25%
Return on equity (TTM) 4% · Below median
Return on assets 0% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 26% · Above median
Revenue growth 127% · Top 25%
Dividend yield (TTM) 4.7% · Top 25%
Debt / equity 1.02× · Higher 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 100 · sector 9
FUTURE 100 · sector 94
PAST 18 · sector 31
HEALTH 49 · sector 93
DIVIDEND 95 · sector 36

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 Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is Hyundai Motor Securities Co (001500) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 13,492 KRW versus a price of 8,110 KRW, about +66% (undervalued).
What is the fair value of 001500?
Our model-based fair value for Hyundai Motor Securities Co is 13,492 KRW (as of Jul 23, 2026), built from audited fundamentals. The current price is 8,110 KRW.
What is the quality score of 001500?
Hyundai Motor Securities Co has a Quality Score of 22/100. 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 Hyundai Motor Securities Co (001500)?
Hyundai Motor Securities Co reported trailing-twelve-month revenue of about 2.0T KRW (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 001500?
The net profit margin of Hyundai Motor Securities Co is about 3.3%, meaning it keeps roughly 3.3% of revenue as net income. Based on the latest reported figures.
Does Hyundai Motor Securities Co pay a dividend?
Hyundai Motor Securities Co currently shows a dividend yield of about 3.97% 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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