Hanil Iron & S (002220) fair value: what the stock is really worth
As of Oct 20, 2026: fair value (intrinsic value) of Hanil Iron & S stock KRW 886, price KRW 2,935, upside -69.8%, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 1,651 KRW – 5,904 KRW · fair‑value band 768.46 KRW – 987.32 KRW · the 2,935 KRW price screens above the 886.42 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 2, 2026.
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Hanil Iron & Steel Co., Ltd manufactures and sells steel products in South Korea. The company offers steel plates and pipes, section steels, and others. It is also involved in rental and sale of construction and civil engineering equipment.
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In addition, the company engages in warehousing and cargo transportation businesses. Hanil Iron & Steel Co., Ltd was founded in 1957 and is headquartered in Seoul, South Korea.
Stock analysis
Hanil Iron & S (002220) currently trades at 2,935 KRW, while our model-based Fair Value estimate is 886.42 KRW, 69.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 4,457 KRW per share, and 1 of the 3 models we run sit above the 2,935 KRW price.
Bear case: the Earnings-Based group reads lowest at 682.99 KRW, and 2 of the 3 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 768.46 KRW (bear) to 987.32 KRW (bull), the price of 2,935 KRW sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Hanil Iron & S reported revenue of 196B KRW in FY2025 versus 249B KRW in FY2021, a compound −5.7%/yr. Reported net income was −554M KRW in FY2025.
Key figures
Market cap 69.7B KRW (≈ $52.5M) Micro · P/S ratio 0.30 · Dividend yield 1.0% · Net margin −0.8% · Return on equity −1.2% · Return on assets (EBIT) 2.5% · Operating margin 4.6% · Revenue (TTM) 220B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 17 out of 100 (low confidence).
What moves the price
The share trades about 50% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −70%, 002220 screens richer than that median.
Fair Value models
Bear768.46 KRWFair Value 886.42 KRWBull987.32 KRW
Price 2,935 KRW · Upside -69.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.16/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−4.6%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−8.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.6%
Start year 2020 (pandemic). Over 10 years: +5.8% a year
Revenue growth 22 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.4%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−2.7% (2020) → 1.6% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Steel · 398 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside−69.8% · Bottom 25%
Profitability
Return on assets−0.2% · Below median
Net margin (12 months)−0.8% · Bottom 25%
Operating margin (12 months)4.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)23.2% · Top 25%
Dividend yield (12 months)1.0% · Below median
Balance sheet
Debt / equity0.04× · Below median
Valuation Multiplesvs Steel median · lower = cheaper
P/B0.43× · Cheapest 25%
P/S (12 months)0.32× · Cheaper than median
EV/EBITDA7.0× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 24
FUTURE (revenue growth)100· sector 33
PAST (return on equity)0· sector 20
HEALTH (low debt)98· sector 95
DIVIDEND (yield)20· sector 52
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hanil Iron & S Fair Value". https://www.fairvalue-calculator.com/stock/002220
Frequently asked questions
Is Hanil Iron & S (002220) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 886.42 KRW versus a price of 2,935 KRW, about −70% upside (overvalued).
What is the fair value of 002220?
Our model-based fair value for Hanil Iron & S is 886.42 KRW (as of Oct 2, 2026), built from audited fundamentals. The current price: 2,935 KRW.
What is the quality score of 002220?
Hanil Iron & S has a Quality Score of 46/100. 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 price target for Hanil Iron & S (002220)?
Our model-based price target is the fair value of 886.42 KRW (as of Oct 2, 2026) from 3 valuation models. Cautious scenario 768.46 KRW, optimistic scenario 987.32 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Hanil Iron & S stock forecast for 2026?
Our models put fair value at 886.42 KRW, about −70% upside versus a price of 2,935 KRW (overvalued). Cautious scenario 768.46 KRW, optimistic scenario 987.32 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Hanil Iron & S (002220)?
Hanil Iron & S reported trailing-twelve-month revenue of about 220B KRW (latest available figure, as of Oct 2, 2026).
Does Hanil Iron & S pay a dividend?
Hanil Iron & S currently shows a dividend yield of 1.02% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of Hanil Iron & S (002220)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hanil Iron & S it is 886.42 KRW per share (as of Oct 2, 2026), against a price of 2,935 KRW. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Hanil Iron & S stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 002220 trades above its calculated fair value: price 2,935 KRW, fair value 886.42 KRW, a gap of about −70% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 002220?
No. The price is what the market pays today (2,935 KRW); the fair value is what the company's own numbers justify (886.42 KRW). For Hanil Iron & S the two are 2,049 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Hanil Iron & S worth?
The market values Hanil Iron & S at about 69.7B KRW (market capitalisation, as of Oct 2, 2026). Per share that is 2,935 KRW; our models calculate a fair value of 886.42 KRW per share.
What do the bullish and bearish scenarios say about 002220?
Our models span a range for Hanil Iron & S: cautious scenario 768.46 KRW, base 886.42 KRW, optimistic 987.32 KRW per share (as of Oct 2, 2026, price 2,935 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Hanil Iron & S (002220)?
Balance-sheet figures for Hanil Iron & S (as of Oct 2, 2026): return on equity −1.2%, debt of 0.04 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is 002220 from its 52-week high?
Hanil Iron & S trades at 2,935 KRW, about 50% below its 52-week high of 5,900 KRW and 15% above the low of 2,550 KRW (as of Oct 20, 2026). Distance from the high says nothing about value: that is what the fair value of 886.42 KRW is for.
Which stocks are comparable to Hanil Iron & S?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hanil Iron & S stock attractive at the current price?
The data as of Oct 2, 2026: price 2,935 KRW, calculated fair value 886.42 KRW (−70%), Quality Score 46/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 002220 calculated?
We run Hanil Iron & S through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 886.42 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9 % above its aggregate fair value. Hanil Iron & S itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hanil Iron & S (002220)?
The closing price on Oct 20, 2026 was 2,935 KRW. Our model-based fair value is 886.42 KRW, about −70% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hanil Iron & S right now?
The price sits above even our optimistic bull case (987.32 KRW). The favourable scenario is already priced in. Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Hanil Iron & S
How large is the market capitalisation of Hanil Iron & S (002220)?
The market capitalisation of Hanil Iron & S is 69.7B KRW (≈ $52.5M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hanil Iron & S (002220)?
The price-to-sales ratio of Hanil Iron & S is 0.30 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Hanil Iron & S (002220)?
The dividend yield of Hanil Iron & S is 1.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hanil Iron & S (002220)?
The net margin of Hanil Iron & S is −0.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hanil Iron & S (002220)?
The return on equity (ROE) of Hanil Iron & S is −1.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hanil Iron & S (002220)?
On an EBIT basis the return on assets of Hanil Iron & S is 2.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hanil Iron & S (002220)?
The operating margin of Hanil Iron & S is 4.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hanil Iron & S (002220)?
Revenue at Hanil Iron & S is growing +23.2% versus a year earlier (3y avg −8.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hanil Iron & S (002220)?
Earnings per share at Hanil Iron & S are growing +1.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hanil Iron & S (002220) generate?
The free cash flow of Hanil Iron & S is −3.8B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Hanil Iron & S (002220) carry?
The net debt of Hanil Iron & S is 106B KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 2, 2026