Pang Rim Spinn (003610) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Pang Rim Spinn stock KRW 2,879, price KRW 5,700, that is 49.5% below the price, quality 62 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 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 8, 2026.
How to read this chart
60‑month range 1,883 KRW – 7,994 KRW · fair‑value band 2,159 KRW – 3,599 KRW · the 5,700 KRW price screens above the 2,879 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Pangrim Co., Ltd. engages in the manufacture and sale of textile products in South Korea and internationally. It produces a range of fabrics. The company was formerly known as PangRim Textile Co., Ltd. and changed its name to Pangrim Co., Ltd. in 1991.
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Pangrim Co., Ltd. was founded in 1963 and is headquartered in Seoul, South Korea.
Stock analysis
Pang Rim Spinn (003610) currently trades at 5,700 KRW, while our model-based Fair Value estimate is 2,879 KRW, 49% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 3,533 KRW per share, and 0 of the 14 models we run sit above the 5,700 KRW price.
Bear case: the Dividend Discount group reads lowest at 518.09 KRW, and 14 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 2,159 KRW (bear) to 3,599 KRW (bull), the price of 5,700 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 62/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Pang Rim Spinn reported revenue of 123B KRW in FY2025 versus 131B KRW in FY2021, a compound −1.7%/yr. Reported net income was 6.7B KRW in FY2025, compounding −2.4%/yr from FY2021.
Key figures
Market cap 183B KRW (≈ $136M) Micro · P/E ratio 13.0 · P/S ratio 1.44 · EPS (TTM) 436.54 KRW · Dividend yield 1.2% · Net margin 10.8% · Return on equity 7.3% · Return on assets (EBIT) −0.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (medium confidence).
What moves the price
The share trades about 8% below its 52-week high and 20% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −8% fair-value upside, at −49%, 003610 screens richer than that median.
Fair Value models
Bear2,159 KRWFair Value 2,879 KRWBull3,599 KRW
Price 5,700 KRW · Downside -49.5%
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 12 months old). Earnings retained since then (366.54 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.24/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+10.8%
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.
−7.7%
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: −2.7% 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.
−2.4%
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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. Basis: EBIT basis. 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.
≈ −11.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−12.9%
Dividend (yield on the price)1.2%
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.7.7% vs 5.2%, steady
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.−1% → 1%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Rate on operating basis: 2025 sits 139% above its own trend.
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.Textile Manufacturing · 338 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score62 · Top 25%
Fair Value upside−49.7% · Below median
Profitability
Return on equity (12 months)7.3% · Above median
Return on assets2.9% · Above median
Net margin (12 months)10.8% · Top 25%
Operating margin (12 months)5.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)6.6% · Below median
Dividend yield (12 months)1.2% · Below median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Textile Manufacturing median · lower = cheaper
P/E (12 months)13.0× · Cheaper than median
P/B1.02× · Pricier than median
P/S (12 months)1.44× · Pricier than median
EV/EBITDA30.0× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 10
FUTURE (revenue growth)33· sector 37
PAST (return on equity)29· sector 18
HEALTH (low debt)100· sector 95
DIVIDEND (yield)24· sector 37
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). "Pang Rim Spinn Fair Value". https://www.fairvalue-calculator.com/stock/003610
Frequently asked questions
Is Pang Rim Spinn (003610) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 2,879 KRW versus a price of 5,700 KRW, about 49% lower (overvalued).
What is the fair value of 003610?
Our model-based fair value for Pang Rim Spinn is 2,879 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 5,700 KRW.
What is the quality score of 003610?
Pang Rim Spinn has a Quality Score of 62/100. 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 Pang Rim Spinn (003610)?
Our model-based price target is the fair value of 2,879 KRW (as of Nov 8, 2026) from 14 valuation models. Cautious scenario 2,159 KRW, optimistic scenario 3,599 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Pang Rim Spinn stock forecast for 2026?
Our models put fair value at 2,879 KRW, about 49% lower versus a price of 5,700 KRW (overvalued). Cautious scenario 2,159 KRW, optimistic scenario 3,599 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Pang Rim Spinn (003610)?
Pang Rim Spinn reported trailing-twelve-month revenue of about 128B KRW (latest available figure, as of Nov 8, 2026).
Does Pang Rim Spinn pay a dividend?
Pang Rim Spinn currently shows a dividend yield of 1.23% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Pang Rim Spinn (003610) and when is the ex-dividend date?
Pang Rim Spinn pays a dividend of 70.00 KRW per share a year, a dividend yield of 1.2%. The last ex-dividend date was Sep 29, 2025. A dividend has been paid every year since 2005. The payout ratio is 16.0% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Pang Rim Spinn (003610)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pang Rim Spinn it is 2,879 KRW per share (as of Nov 8, 2026), against a price of 5,700 KRW. It is the blended result of 14 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Pang Rim Spinn stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 003610 trades above its calculated fair value: price 5,700 KRW, fair value 2,879 KRW, a gap of about −49% (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 003610?
No. The price is what the market pays today (5,700 KRW); the fair value is what the company's own numbers justify (2,879 KRW). For Pang Rim Spinn the two are 2,821 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Pang Rim Spinn worth?
The market values Pang Rim Spinn at about 183B KRW (market capitalisation, as of Nov 8, 2026). Per share that is 5,700 KRW; our models calculate a fair value of 2,879 KRW per share.
What do the bullish and bearish scenarios say about 003610?
Our models span a range for Pang Rim Spinn: cautious scenario 2,159 KRW, base 2,879 KRW, optimistic 3,599 KRW per share (as of Nov 8, 2026, price 5,700 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 003610?
Pang Rim Spinn trades at a price-to-earnings ratio of 13.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2,879 KRW is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2019 to 2025), reported earnings: 19.3. Other multiples: P/B 1.0, P/S 1.4, EV/EBITDA 30.0.
How solid is the balance sheet of Pang Rim Spinn (003610)?
Balance-sheet figures for Pang Rim Spinn (as of Nov 8, 2026): return on equity 7.3%, debt of 0.00 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 003610 from its 52-week high?
Pang Rim Spinn trades at 5,700 KRW, about 8% below its 52-week high of 6,190 KRW and 20% above the low of 4,750 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 2,879 KRW is for.
Which stocks are comparable to Pang Rim Spinn?
From the same area (Consumer Cyclical) we also value Tongkun Group, Shenzhou International Group, Inner Mongolia ERDOS Resources Co, Far Eastern New Century Corporation, 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 Pang Rim Spinn stock attractive at the current price?
The data as of Nov 8, 2026: price 5,700 KRW, calculated fair value 2,879 KRW (−49%), Quality Score 62/100, from 14 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 003610 calculated?
We run Pang Rim Spinn through 14 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 2,879 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 13.3% above its aggregate fair value. Pang Rim Spinn 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 Pang Rim Spinn (003610)?
The closing price on Nov 9, 2026 was 5,700 KRW. Our model-based fair value is 2,879 KRW, about 49% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pang Rim Spinn right now?
The price sits above even our optimistic bull case (3,599 KRW). The favourable scenario is already priced in. Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Pang Rim Spinn
How large is the market capitalisation of Pang Rim Spinn (003610)?
The market capitalisation of Pang Rim Spinn is 183B KRW (≈ $136M). 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 Pang Rim Spinn (003610)?
The price-to-sales ratio of Pang Rim Spinn is 1.44 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pang Rim Spinn (003610)?
Earnings per share at Pang Rim Spinn are 436.54 KRW (price ÷ EPS = P/E 13.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pang Rim Spinn (003610)?
The dividend yield of Pang Rim Spinn is 1.2% (payout 16.0%). 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 Pang Rim Spinn (003610)?
The net margin of Pang Rim Spinn is 10.8% (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 Pang Rim Spinn (003610)?
The return on equity (ROE) of Pang Rim Spinn is 7.3% (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 Pang Rim Spinn (003610)?
On an EBIT basis the return on assets of Pang Rim Spinn is −0.1% (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 Pang Rim Spinn (003610)?
The operating margin of Pang Rim Spinn is 5.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pang Rim Spinn (003610)?
Revenue at Pang Rim Spinn is growing +6.6% versus a year earlier (3y avg −7.7%). 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 Pang Rim Spinn (003610)?
Earnings per share at Pang Rim Spinn are growing +252% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Pang Rim Spinn (003610) generate?
The free cash flow of Pang Rim Spinn is −319M 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 Pang Rim Spinn (003610) carry?
The net debt of Pang Rim Spinn is 3.8B KRW (fiscal year 2020). 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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Some data
Nov 8, 2026