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Shin Hwa Silup (001770) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 7.3B KRW

SH Shin Hwa Silup 001770 · KO
Price16,410 KRW
Fair Value27,547 KRW
Upside+67.9%
Quality52/100
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Expensive Growth
Thin margins · 1.2% net margin
Low debt · negative free cash flow
3.11% dividend yield
Trails peers (2/9)
Narrow moat 22/100
Evidence: Medium Range 20,584 KRW – 28,257 KRW Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 6 days ago

Share price +155.2% over the past month.

A solid business, screening 68% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (20,584 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

43,502 KRW 5,020 KRW Fair Value 27,547 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 5,020 KRW – 43,502 KRW · fair‑value band 20,584 KRW – 28,257 KRW · the 16,410 KRW price screens below the 27,547 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

Shin Hwa Silup (001770) currently trades at 16,410 KRW, while our model-based Fair Value estimate is 27,547 KRW, implying the stock looks roughly 67.9% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Cyclical 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, Shin Hwa Silup generated revenue of 98.9B KRW at a net margin of 1.2%. Revenue declined 5.0% year over year. It earns a return on equity of 2.3%. Net debt stands at 7.7B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 20,584 KRW (bear case) to 28,257 KRW (bull case); at 16,410 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 16% below its 52-week high and 29% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -23% fair-value upside, at 68%, 001770 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
Residual Income 32,847 KRW 31,716 KRW 26,887 KRW 76
ROIC Compounder 12,686 KRW 14,655 KRW 16,353 KRW 72
Gordon GGM 878.26 KRW 1,254 KRW 1,630 KRW 70
All 14 models by family
Earnings-Based
Graham-Dodd 11,019 KRW 22,340 KRW 28,127 KRW 54
EPV 12,686 KRW 14,655 KRW 16,353 KRW 59
Dividend Discount
Gordon GGM 878.26 KRW 1,254 KRW 1,630 KRW 70
DDM Multi-Stage 878.26 KRW 1,221 KRW 1,602 KRW 61
Multiples
P/E Multiple 20,660 KRW 27,547 KRW 34,434 KRW 63
P/S Multiple 20,660 KRW 27,547 KRW 34,434 KRW 58
P/B Multiple 20,660 KRW 27,547 KRW 34,434 KRW 55
EV/EBIT 25,776 KRW 34,295 KRW 42,813 KRW 53
EV/EBITDA 23,821 KRW 31,688 KRW 39,556 KRW 54
EV/Revenue 22,368 KRW 31,861 KRW 41,353 KRW 43
Asset-Based
NCAV (Graham) 22,802 KRW 30,555 KRW 45,604 KRW 50
Economic Profit
Residual Income 32,847 KRW 31,716 KRW 26,887 KRW 76
ROIC Compounder 12,686 KRW 14,655 KRW 16,353 KRW 72
Growth Earnings
Growth-Adj P/E 15,207 KRW 21,724 KRW 28,241 KRW 68

Widest divergence: Asset-Based (30,555 KRW) versus Dividend Discount (1,221 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 98.9B KRW
Revenue growth (YoY) -5.0%
Net margin 1.2%
Return on equity 2.3%
Free cash flow −9.5B KRW FY2025
Operating margin -0.4%
More key figures
Dividend yield 1.5%
EPS growth (YoY) -85.9%
Net debt 7.7B KRW FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 50 · Market factors (momentum, volatility) 38

Profitability 37
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 67
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 49
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

Shin Hwa Dynamics Co.,Ltd. manufactures and sells tin plates. Its electrolytic tinplate steel sheet is used as a packaging material in canned vegetables and fruits, paint container, oil container, medicine tin can, and general tin cans, as well as batteries and crown caps for bottles.

Full company description

Shin Hwa Dynamics Co.,Ltd. manufactures and sells tin plates. Its electrolytic tinplate steel sheet is used as a packaging material in canned vegetables and fruits, paint container, oil container, medicine tin can, and general tin cans, as well as batteries and crown caps for bottles. The company was formerly known as Shin Hwa Sil Up Co.,Ltd and changed its name to Shin Hwa Dynamics Co., Ltd. in July 2021. Shin Hwa Dynamics Co., Ltd. was founded in 1956 and is headquartered in Ansan-Si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shin Hwa Silup reported revenue of 100B KRW in FY2025 versus 105B KRW in FY2021, a compound −1.1%/yr. Reported net income was 2.0B KRW in FY2025, compounding −23.6%/yr from FY2021.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
100B KRW
Latest YoY
−5.8%
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.
−7.1%
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.
+5.4%
Avg. growth/yr (12Y) 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.
+2.2%
Revenue −1.1%/yr
FY21 105B KRW
FY22 125B KRW
FY23 106B KRW
FY24 107B KRW
FY25 100B KRW
Net income −23.6%/yr
FY21 5.8B KRW
FY22 10.8B KRW
FY23 110M KRW
FY24 2.9B KRW
FY25 2.0B KRW

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Cite: Fair Value Calculator (2026). "Shin Hwa Silup Fair Value". https://www.fairvalue-calculator.com/stock/001770

Peer Group

Packaging & Containers · 275 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 52 · Below median
Fair Value upside +68% · Top 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) -0% · Bottom 25%
Revenue growth -5% · Below median
Dividend yield (TTM) 1.2% · Below median
Debt / equity 0.04× · Lower 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
VALUE100 · sector 9
FUTURE0 · sector 1
PAST9 · sector 21
HEALTH98 · sector 93
DIVIDEND24 · sector 46

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 Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 104.30 kr 125.99 +21%
SCG Packaging Public Company SCGP 30.00 THB 16.12 THB -46%
AblePrint Technology Co 7734 3,350 TWD 675.50 TWD -80%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,193 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 134.00 TWD 127.06 TWD -5%
Time Technoplast Limited TIMETECHNO ₹208.56 ₹161.42 -23%
EPL Limited 500135 ₹247.30 ₹111.65 -55%
Polyplex Corporation 524051 ₹1,211 ₹924.62 -24%
Dongwon Systems Corporation 014820 21,650 KRW 31,473 KRW +45%
PT Panca Budi Idaman Tbk, PBID 525.00 IDR 774.13 IDR +47%

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Frequently asked questions

Is Shin Hwa Silup (001770) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 27,547 KRW versus a price of 16,410 KRW, about +68% (undervalued).
What is the fair value of 001770?
Our model-based fair value for Shin Hwa Silup is 27,547 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 16,410 KRW.
What is the quality score of 001770?
Shin Hwa Silup has a Quality Score of 52/100. 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 Shin Hwa Silup (001770)?
Shin Hwa Silup reported trailing-twelve-month revenue of about 98.9B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 001770?
The net profit margin of Shin Hwa Silup is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.
Does Shin Hwa Silup pay a dividend?
Shin Hwa Silup currently shows a dividend yield of about 1.50% relative to its recent price (as of Aug 13, 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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