Taekwang Ind (003240) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Taekwang Ind stock KRW 1,632,553, price KRW 842,000, upside +93.9%, quality 47 out of 100. Rating: strongly undervalued. Calculated from audited financials with 10 of our 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. As of Nov 7, 2026.
How to read this chart
60‑month range 542,646 KRW – 1,567,666 KRW · fair‑value band 1,224,415 KRW – 2,040,692 KRW · the 842,000 KRW price screens below the 1,632,553 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. As of Nov 7, 2026.
Follow Taekwang Ind in your weekly email
Every Wednesday you see whether Taekwang Ind is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Taekwang Industrial Co., Ltd. engages in the petrochemical, synthetic fiber, textile, and advanced material businesses in South Korea and internationally.
Show moreShow less
It offers petrochemical products, including purified terephthalic acid, propylene, acrylonitrile, sodium cyanide, acetonitrile, ammonium sulphate, and hydrogen peroxide. The company also provides synthetic fibers, such as acrylic fibers, nylon filaments, spandex, and low-melting fibers.
In addition, it offers polyester fabrics and aramid fibers. The company was founded in 1950 and is headquartered in Seoul, South Korea.
Stock analysis
Taekwang Ind (003240) currently trades at 842,000 KRW, while our model-based Fair Value estimate is 1,632,553 KRW, implying the stock looks roughly 48% undervalued today.
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of 3,073,042 KRW per share, and 6 of the 10 models we run sit above the 842,000 KRW price.
Bear case: the Earnings-Based group reads lowest at 798,137 KRW, and 4 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 1,224,415 KRW (bear) to 2,040,692 KRW (bull), the price of 842,000 KRW sits below 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 47/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Taekwang Ind reported revenue of 1.8T KRW in FY2025 versus 2.6T KRW in FY2021, a compound −8.4%/yr. Reported net income was 80.8B KRW in FY2025, compounding −29.0%/yr from FY2021.
Key figures
Market cap 709B KRW (≈ $520M) Small · P/E ratio 4.3 · P/S ratio 0.19 · EPS (TTM) 194,097 KRW · Dividend yield 0.2% · Net margin 4.4% · Return on equity 4.0% · Return on assets (EBIT) 0.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (medium confidence).
What moves the price
The share trades about 46% below its 52-week high and 19% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −25% fair-value upside, at 94%, 003240 screens cheaper than that median.
Fair Value models
Bear1,224,415 KRWFair Value 1,632,553 KRWBull2,040,692 KRW
Price 842,000 KRW · Upside +93.9%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (164,417 KRW per share) are deliberately not added.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.21/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−9.9%
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.
−12.2%
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.
+1.0%
Start year 2020 (pandemic). Over 10 years: −4.2% a year
Revenue growth 25 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.
+1.1%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−9.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−9.9%
Dividend (yield on the price)0.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−9.9% vs 18.9%, slowing
Profit margin 2020 to 2025 ⓘ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.3% → −2%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 5.1%/yr over ~7Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Chemicals · 336 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside+93.9% · Top 25%
Profitability
Return on equity (12 months)4.0% · Below median
Return on assets1.8% · Below median
Net margin (12 months)6.0% · Above median
Operating margin (12 months)−0.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)26.7% · Top 25%
Dividend yield (12 months)0.2% · Bottom 25%
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Chemicals median · lower = cheaper
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). "Taekwang Ind Fair Value". https://www.fairvalue-calculator.com/stock/003240
Frequently asked questions
Is Taekwang Ind (003240) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 1,632,553 KRW versus a price of 842,000 KRW, about +94% upside (undervalued).
What is the fair value of 003240?
Our model-based fair value for Taekwang Ind is 1,632,553 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 842,000 KRW.
What is the quality score of 003240?
Taekwang Ind has a Quality Score of 47/100. 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 Taekwang Ind (003240)?
Our model-based price target is the fair value of 1,632,553 KRW (as of Nov 7, 2026) from 10 valuation models. Cautious scenario 1,224,415 KRW, optimistic scenario 2,040,692 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Taekwang Ind stock forecast for 2026?
Our models put fair value at 1,632,553 KRW, about +94% upside versus a price of 842,000 KRW (undervalued). Cautious scenario 1,224,415 KRW, optimistic scenario 2,040,692 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Taekwang Ind (003240)?
Taekwang Ind reported trailing-twelve-month revenue of about 2.0T KRW (latest available figure, as of Nov 7, 2026).
Does Taekwang Ind pay a dividend?
Taekwang Ind currently shows a dividend yield of 0.21% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Taekwang Ind (003240) and when is the ex-dividend date?
Taekwang Ind pays a dividend of 1,750 KRW per share a year, a dividend yield of 0.2%. The last ex-dividend date was Mar 30, 2026. The payout ratio is 0.9% of earnings. Our assessment: Token dividend. At a yield of 0.2% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.2% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of Taekwang Ind (003240)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Taekwang Ind it is 1,632,553 KRW per share (as of Nov 7, 2026), against a price of 842,000 KRW. It is the blended result of 10 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Taekwang Ind stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 003240 trades below its calculated fair value: price 842,000 KRW, fair value 1,632,553 KRW, a gap of about +94% (undervalued). 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 003240?
No. The price is what the market pays today (842,000 KRW); the fair value is what the company's own numbers justify (1,632,553 KRW). For Taekwang Ind the two are 790,553 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Taekwang Ind worth?
The market values Taekwang Ind at about 709B KRW (market capitalisation, as of Nov 7, 2026). Per share that is 842,000 KRW; our models calculate a fair value of 1,632,553 KRW per share.
What do the bullish and bearish scenarios say about 003240?
Our models span a range for Taekwang Ind: cautious scenario 1,224,415 KRW, base 1,632,553 KRW, optimistic 2,040,692 KRW per share (as of Nov 7, 2026, price 842,000 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 003240?
Taekwang Ind trades at a price-to-earnings ratio of 4.3 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1,632,553 KRW is built from several models across several years. Other multiples: P/B 0.2, P/S 0.4.
How solid is the balance sheet of Taekwang Ind (003240)?
Balance-sheet figures for Taekwang Ind (as of Nov 7, 2026): return on equity 4.0%, debt of 0.01 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 003240 from its 52-week high?
Taekwang Ind trades at 842,000 KRW, about 46% below its 52-week high of 1,567,666 KRW and 19% above the low of 707,946 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1,632,553 KRW is for.
Which stocks are comparable to Taekwang Ind?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, 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 Taekwang Ind stock attractive at the current price?
The data as of Nov 7, 2026: price 842,000 KRW, calculated fair value 1,632,553 KRW (+94%), Quality Score 47/100, from 10 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 003240 calculated?
We run Taekwang Ind through 10 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1,632,553 KRW builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. Taekwang Ind currently trades 48% below its own fair value, and the market average says nothing about that. 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 Taekwang Ind (003240)?
The closing price on Nov 6, 2026 was 842,000 KRW. Our model-based fair value is 1,632,553 KRW, about +94% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Taekwang Ind right now?
The large discount to fair value meets weak quality (47/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (1,224,415 KRW). The market is more pessimistic than our downside scenario.
Key figures of Taekwang Ind
How large is the market capitalisation of Taekwang Ind (003240)?
The market capitalisation of Taekwang Ind is 709B KRW (≈ $520M). 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 Taekwang Ind (003240)?
The price-to-sales ratio of Taekwang Ind is 0.19 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Taekwang Ind (003240)?
Earnings per share at Taekwang Ind are 194,097 KRW (price ÷ EPS = P/E 4.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Taekwang Ind (003240)?
The dividend yield of Taekwang Ind is 0.2% (payout 0.9%). 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 Taekwang Ind (003240)?
The net margin of Taekwang Ind is 4.4% (fiscal year 2025). 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 Taekwang Ind (003240)?
The return on equity (ROE) of Taekwang Ind is 4.0% (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 Taekwang Ind (003240)?
On an EBIT basis the return on assets of Taekwang Ind is 0.3% (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 Taekwang Ind (003240)?
The operating margin of Taekwang Ind is −0.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Taekwang Ind (003240)?
Revenue at Taekwang Ind is growing +26.7% versus a year earlier (3y avg −12.2%). 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 Taekwang Ind (003240)?
Earnings per share at Taekwang Ind are growing −62.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Taekwang Ind (003240) generate?
The free cash flow of Taekwang Ind is −279B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed
Watch Taekwang Ind in the live analysis
One click puts Taekwang Ind on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 7, 2026