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Hantop Inc (002680) Fair Value & Analysis

Consumer Defensive · KR · Market cap 15.1B KRW

HI Hantop Inc 002680 · KQ
Price2,765 KRW
Fair Value5,721 KRW
Upside+106.9%
Quality36/100
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Evidence: High Range 4,291 KRW – 7,152 KRW 📤 Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated today

Fair value updated Jul 20, 2026, revised from 1,287 KRW to 5,721 KRW (+344.7%) since Jun 25, 2026. Share price +47.9% over the past month.

Price vs Fair Value (12 months)

4,325 KRW 1,511 KRW Fair Value 5,721 KRW Jun 2025 Jul 2026

12‑month range 1,511 KRW – 4,325 KRW · fair‑value band 4,291 KRW – 7,152 KRW · the 2,765 KRW price screens below the 5,721 KRW fair value. As of Jul 20, 2026.

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Analysis

Hantop Inc (002680) currently trades at 2,765 KRW, while our model-based Fair Value estimate is 5,721 KRW, implying the stock looks roughly 106.9% undervalued today. We read business quality at 36/100 (below-average quality), in the Consumer Defensive 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, Hantop Inc generated revenue of 81.9B KRW at a net margin of -1.5%. Revenue declined 2.4% year over year. It earns a return on equity of -2.8%. Net debt stands at 66.1B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 4,291 KRW (bear case) to 7,152 KRW (bull case); at 2,765 KRW, the current price sits below that range. For context, the median of 10 Consumer Defensive peers we cover trades at 50% fair-value upside, at 107%, 002680 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 81.9B KRW
Revenue growth (YoY) -2.4%
Net margin -1.5%
Return on equity -2.8%
Free cash flow 1.2B KRW FY2025
Operating margin -4.5%
More key figures
Net debt 66.1B KRW FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 20, 2026. TTM = trailing twelve months.

About the company

Hantop Inc. engages in the manufacture and sale of wheat flour and mixed feed in South Korea. The company was formerly known as Young Nam Flour Mills Co., Ltd. and changed its name to Hantop Inc. in March 2015. Hantop Inc. was founded in 1959 and is headquartered in Busan, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hantop Inc reported revenue of 82.4B KRW in FY2025 versus 78.9B KRW in FY2021, a compound +1.1%/yr. Reported net income was 2.1B KRW in FY2025.

Revenue +1.1%/yr
FY21 78.9B KRW
FY22 99.1B KRW
FY23 94.8B KRW
FY24 84.9B KRW
FY25 82.4B KRW
Net income
FY21 −9.7B KRW
FY22 −6.7B KRW
FY23 −10.3B KRW
FY24 −5.4B KRW
FY25 2.1B KRW

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Cite: Fair Value Calculator (2026). "Hantop Inc Fair Value". https://www.fairvalue-calculator.com/stock/002680

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Frequently asked questions

Is Hantop Inc (002680) undervalued?
As of Jul 20, 2026, our model estimates a fair value of 5,721 KRW versus a price of 2,765 KRW, about +107% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 002680?
Our model-based fair value for Hantop Inc is 5,721 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 2,765 KRW.
What is the quality score of 002680?
Hantop Inc has a Quality Score of 36/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hantop Inc (002680)?
Hantop Inc reported trailing-twelve-month revenue of about 81.9B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 002680?
The net profit margin of Hantop Inc is about -1.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.