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Cheil Grinding Wheel Ind. Co (001560) Fair Value & Analysis

Industrials · KR · Market cap 56.4B KRW

CG Cheil Grinding Wheel Ind. Co 001560 · KO
Price8,730 KRW
Fair Value18,741 KRW
Upside+114.7%
Quality63/100
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Weak Growth
Solidly profitable · 18.4% net margin
Low debt · generates free cash flow
8.61% dividend yield
Ranks above peers (8/10)
Moderate moat 54/100
Evidence: High Range 15,355 KRW – 29,706 KRW Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price −3.2% over the past month.

A solid business, screening 115% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (15,355 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (15,355 KRW to 29,706 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

12,180 KRW 5,908 KRW Fair Value 18,741 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 5,908 KRW – 12,180 KRW · fair‑value band 15,355 KRW – 29,706 KRW · the 8,730 KRW price screens below the 18,741 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

Cheil Grinding Wheel Ind. Co (001560) currently trades at 8,730 KRW, while our model-based Fair Value estimate is 18,741 KRW, implying the stock looks roughly 114.7% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Industrials 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: high), always confirm before acting.

Over the trailing twelve months, Cheil Grinding Wheel Ind. Co generated revenue of 79.4B KRW at a net margin of 18.4%. Revenue grew 2.8% year over year. It earns a return on equity of 14.4%. Fundamentals as of Jul 23, 2026

Our scenario range runs from 15,355 KRW (bear case) to 29,706 KRW (bull case); at 8,730 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 32% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at 115%, 001560 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
Growth DCF 10,362 KRW 12,054 KRW 14,947 KRW 80
Residual Income 15,355 KRW 18,741 KRW 43,128 KRW 76
Rev-Margin DCF 10,703 KRW 13,321 KRW 16,509 KRW 74
All 24 models by family
DCF Models
FCF DCF 10,156 KRW 11,898 KRW 15,126 KRW 38
Owner Earnings 21,378 KRW 27,527 KRW 38,916 KRW 31
5Y Revenue Exit 10,703 KRW 13,217 KRW 16,876 KRW 39
5Y EBITDA Exit 12,341 KRW 16,053 KRW 20,969 KRW 41
5Y P/E Exit 24,438 KRW 36,996 KRW 51,925 KRW 38
10Y Revenue Exit 10,300 KRW 12,156 KRW 14,167 KRW 36
10Y EBITDA Exit 11,447 KRW 13,910 KRW 16,570 KRW 37
10Y P/E Exit 18,790 KRW 26,861 KRW 34,744 KRW 35
Earnings-Based
Graham-Dodd 13,961 KRW 17,064 KRW 19,197 KRW 54
EPV 9,104 KRW 9,668 KRW 10,162 KRW 59
Dividend Discount
Gordon GGM 2,969 KRW 3,249 KRW 3,677 KRW 70
DDM Multi-Stage 2,969 KRW 3,725 KRW 4,784 KRW 61
Multiples
P/E Multiple 32,337 KRW 43,116 KRW 53,895 KRW 63
P/S Multiple 17,824 KRW 23,765 KRW 29,706 KRW 58
P/B Multiple 26,177 KRW 34,903 KRW 43,629 KRW 55
EV/EBIT 13,862 KRW 16,577 KRW 19,292 KRW 53
EV/EBITDA 15,059 KRW 18,172 KRW 21,286 KRW 54
EV/Revenue 11,530 KRW 14,022 KRW 16,513 KRW 43
Asset-Based
NCAV (Graham) 8,184 KRW 10,967 KRW 16,369 KRW 50
Growth DCF
Growth DCF 10,362 KRW 12,054 KRW 14,947 KRW 80
Rev-Margin DCF 10,703 KRW 13,321 KRW 16,509 KRW 74
Economic Profit
Residual Income 15,355 KRW 18,741 KRW 43,128 KRW 76
ROIC Compounder 9,104 KRW 9,668 KRW 10,162 KRW 72
Growth Earnings
Growth-Adj P/E 22,834 KRW 32,620 KRW 42,406 KRW 68

Widest divergence: Growth Earnings (32,620 KRW) versus Dividend Discount (3,249 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 79.4B KRW
Revenue growth (YoY) +2.8%
Net margin 18.4%
Return on equity 14.4%
Free cash flow 3.0B KRW FY2025
Operating margin 7.9%
More key figures
Dividend yield 7.3%
EPS growth (YoY) +121%

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

Quality Score breakdown

Overall quality 63/100

Of which business quality 61 · Market factors (momentum, volatility) 39

Profitability 53
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 21
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 95
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

Cheil Grinding Wheel Ind. Co., Ltd. manufactures and sells grinding wheel products in South Korea. The company products include angular grinding wheels, balance equipment, ball bearings, cam shaft grinding wheels, CBN cam shaft crinding wheels, CBN centerless grinding wheels, CBN internal grinding wheels, CFRP products, depressed center wheels, discs, …

Full company description

Cheil Grinding Wheel Ind. Co., Ltd. manufactures and sells grinding wheel products in South Korea. The company products include angular grinding wheels, balance equipment, ball bearings, cam shaft grinding wheels, CBN cam shaft crinding wheels, CBN centerless grinding wheels, CBN internal grinding wheels, CFRP products, depressed center wheels, discs, dressers, dust safety suits, epoxy grinding wheels, flexible discs, FLUTE wheels, gear grinding wheels, general centerless grinding wheels, general crank shaft grinding wheels, general cut off wheels, gloves, knife grinding wheels, lapping wheels, large diameter cut off wheels, LCD grinding wheels, masks, and metal honing products. It also offers MgO grinding wheels, mounted point wheels, needle grinding wheels, on-line roll grindings, paper and fiber discs, rail cut off and grinding wheels, rubber regulating wheels, segment and sharpening stones, single edged gear grinding wheels, slab and billet grinding wheels, snagging wheels, square and wheel sandpaper, super thin cut off wheels, tungsten carbide burr products, and vitrified general purpose grinding wheels. The company also exports its products to Asia, the Middle East, Oceania, Canada, the United States, Central and South America, Europe, and Africa. Cheil Grinding Wheel Ind. Co., Ltd. was founded in 1955 and is headquartered in Pohang, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cheil Grinding Wheel Ind. Co reported revenue of 78.9B KRW in FY2025 versus 79.7B KRW in FY2021, a compound −0.3%/yr. Reported net income was 13.6B KRW in FY2025, compounding +22.3%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
78.9B KRW
Latest YoY
−3.8%
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.
−1.8%
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.
+1.5%
Avg. growth/yr (16Y) 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.
+0.7%
Revenue −0.3%/yr
FY21 79.7B KRW
FY22 83.4B KRW
FY23 85.2B KRW
FY24 82.0B KRW
FY25 78.9B KRW
Net income +22.3%/yr
FY21 6.1B KRW
FY22 2.2B KRW
FY23 10.9B KRW
FY24 6.0B KRW
FY25 13.6B KRW

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Cite: Fair Value Calculator (2026). "Cheil Grinding Wheel Ind. Co Fair Value". https://www.fairvalue-calculator.com/stock/001560

Peer Group

Tools & Accessories · 119 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 63 · Above median
Fair Value upside +115% · Top 25%
Return on equity (TTM) 14% · Top 25%
Return on assets 3% · Below median
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 8% · Below median
Revenue growth 3% · Above median
Dividend yield (TTM) 8.6% · Top 25%

Valuation Multiples vs Tools & Accessories median · lower = cheaper

P/FCF 0.0× · 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 100 · sector 3
FUTURE 14 · sector 14
PAST 57 · sector 28
HEALTH 100 · sector 96
DIVIDEND 100 · 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 Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company 0669 HK$129.60 HK$81.05 -37%
Snap-on Incorporated SNA $410.99 $350.46 -15%
RBC Bearings Incorporated RBC $595.49 $184.29 -69%
Lincoln Electric Holdings LECO $252.58 $154.80 -39%
Stanley Black & Decker, Inc SWK $88.22 $54.24 -39%
AB SKF (publ) SKFB kr 258.90 kr 192.57 -26%
The Timken Company TKR $139.47 $66.33 -52%
The Toro Company TTC $94.42 $69.71 -26%
SFS Group SFSN CHF 140.00 CHF 118.30 -16%
Hangzhou Greatstar Industrial Co 002444 ¥29.33 ¥35.72 +22%

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Frequently asked questions

Is Cheil Grinding Wheel Ind. Co (001560) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 18,741 KRW versus a price of 8,730 KRW, about +115% (undervalued).
What is the fair value of 001560?
Our model-based fair value for Cheil Grinding Wheel Ind. Co is 18,741 KRW (as of Jul 23, 2026), built from audited fundamentals. The current price is 8,730 KRW.
What is the quality score of 001560?
Cheil Grinding Wheel Ind. Co has a Quality Score of 63/100. 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 Cheil Grinding Wheel Ind. Co (001560)?
Cheil Grinding Wheel Ind. Co reported trailing-twelve-month revenue of about 79.4B KRW (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 001560?
The net profit margin of Cheil Grinding Wheel Ind. Co is about 18.4%, meaning it keeps roughly 18.4% of revenue as net income. Based on the latest reported figures.
Does Cheil Grinding Wheel Ind. Co pay a dividend?
Cheil Grinding Wheel Ind. Co currently shows a dividend yield of about 7.33% 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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