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002690 (002690) Fair Value & Analysis

Basic Materials · Market cap 26.1B KRW

0 002690 002690 · KO
Price1,285 KRW
Fair Value1,210 KRW
Upside-5.8%
Quality55/100
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Evidence: Medium Range 907.42 KRW – 1,512 KRW

Fair value as of: Jun 25, 2026

From 11 valuation models · updated 7 days ago

Share price +3.5% over the past month.

Price vs Fair Value (12 months)

1,506 KRW 1,087 KRW Fair Value 1,210 KRW Jun 2025 Jun 2026

12‑month range 1,087 KRW – 1,506 KRW · fair‑value band 907.42 KRW – 1,512 KRW · the 1,285 KRW price screens above the 1,210 KRW fair value. As of Jun 25, 2026.

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Analysis

002690 (002690) currently trades at 1,285 KRW, while our model-based Fair Value estimate is 1,210 KRW — implying the stock looks roughly 5.8% overvalued today. We read business quality at 55/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, 002690 generated revenue of 145B KRW at a net margin of 1.1%. Revenue declined 5.4% year over year. It earns a return on equity of 1.0%. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 145B KRW
Revenue growth (YoY) -5.4%
Net margin 1.1%
Return on equity 1.0%
Free cash flow −380M KRW FY2025
EPS growth (YoY) +50.0%

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

002690 reported revenue of 147B KRW in FY2025 versus 182B KRW in FY2021, a compound −5.2%/yr. Reported net income was 1.4B KRW in FY2025, compounding −36.4%/yr from FY2021.

Revenue −5.2%/yr
FY21 182B KRW
FY22 197B KRW
FY23 181B KRW
FY24 151B KRW
FY25 147B KRW
Net income −36.4%/yr
FY21 8.3B KRW
FY22 3.3B KRW
FY23 −3.2B KRW
FY24 −484M KRW
FY25 1.4B KRW

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2110 $0.0100 -95%
Nucor Corporation NUE $254.39 $83.10 -67%
ArcelorMittal S.A ARMT34 R$166.77 R$110.23 -34%
JSW Steel Limited JSWSTEEL ₹1,282 ₹1,113 -13%
China Steel Corporation 2002A 38.45 TWD 11.94 TWD -69%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥6.34 +10%

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Frequently asked questions

Is 002690 (002690) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 1,210 KRW versus a price of 1,285 KRW — about −6% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 002690?
Our model-based fair value for 002690 is 1,210 KRW (as of Jun 25, 2026), built from audited fundamentals. The current price is 1,285 KRW.
What is the quality score of 002690?
002690 has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 002690 (002690)?
002690 reported trailing-twelve-month revenue of about 145B KRW (latest available figure, as of Jun 25, 2026).
What is the net profit margin of 002690?
The net profit margin of 002690 is about 1.1%, meaning it keeps roughly 1.1% of revenue as net income. 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.

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