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Chin Yang Industry Co (003780) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 61.0B KRW

CY Chin Yang Industry Co 003780 · KO
Price3,910 KRW
Fair Value8,087 KRW
Upside+106.8%
Quality61/100
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Mixed Growth
Thin margins · 7.5% net margin
Low debt · generates free cash flow
7.55% dividend yield
Ranks above peers (9/10)
Moderate moat 45/100
Evidence: High Range 5,199 KRW – 10,109 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 9,085 KRW to 8,087 KRW (−11.0%) since Jun 25, 2026. Share price −18.7% over the past month.

A solid business, screening 107% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (5,199 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (5,199 KRW to 10,109 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

10,997 KRW 3,780 KRW Fair Value 8,087 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 3,780 KRW – 10,997 KRW · fair‑value band 5,199 KRW – 10,109 KRW · the 3,910 KRW price screens below the 8,087 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Chin Yang Industry Co (003780) currently trades at 3,910 KRW, while our model-based Fair Value estimate is 8,087 KRW, implying the stock looks roughly 106.8% undervalued today. The Quality Score stands at 61/100 (solid quality), in the Consumer Cyclical 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, Chin Yang Industry Co generated revenue of 90.3B KRW at a net margin of 7.5%. Revenue declined 1.5% year over year. It earns a return on equity of 10.6%. Net debt stands at 6.1B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 5,199 KRW (bear case) to 10,109 KRW (bull case); at 3,910 KRW, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 49% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 107%, 003780 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF 4,926 KRW 7,134 KRW 10,290 KRW 80
Residual Income 4,581 KRW 5,130 KRW 8,494 KRW 76
Rev-Margin DCF 5,566 KRW 8,903 KRW 12,712 KRW 74
All 24 models by family
DCF Models
FCF DCF 4,845 KRW 7,333 KRW 11,114 KRW 38
Owner Earnings 5,937 KRW 9,026 KRW 13,720 KRW 31
5Y Revenue Exit 5,566 KRW 8,921 KRW 13,212 KRW 39
5Y EBITDA Exit 5,915 KRW 9,572 KRW 13,828 KRW 41
5Y P/E Exit 5,844 KRW 9,440 KRW 13,201 KRW 38
10Y Revenue Exit 5,082 KRW 8,082 KRW 12,118 KRW 36
10Y EBITDA Exit 5,483 KRW 8,533 KRW 12,587 KRW 37
10Y P/E Exit 5,438 KRW 8,441 KRW 12,109 KRW 35
Earnings-Based
Graham-Dodd 3,634 KRW 11,140 KRW 14,794 KRW 54
Lynch FV 2,398 KRW 3,426 KRW 4,453 KRW 50
PEG = 1.0 2,398 KRW 3,426 KRW 4,453 KRW 46
EPV 5,889 KRW 6,817 KRW 7,629 KRW 59
Multiples
P/E Multiple 6,814 KRW 9,085 KRW 11,356 KRW 63
P/S Multiple 6,814 KRW 9,085 KRW 11,356 KRW 58
P/B Multiple 6,814 KRW 9,085 KRW 11,356 KRW 55
EV/EBIT 7,142 KRW 9,415 KRW 11,689 KRW 53
EV/EBITDA 7,258 KRW 9,570 KRW 11,882 KRW 54
EV/Revenue 6,233 KRW 8,766 KRW 11,299 KRW 43
Asset-Based
NCAV (Graham) 2,582 KRW 3,460 KRW 5,164 KRW 50
Growth DCF
Growth DCF 4,926 KRW 7,134 KRW 10,290 KRW 80
Rev-Margin DCF 5,566 KRW 8,903 KRW 12,712 KRW 74
Economic Profit
Residual Income 4,581 KRW 5,130 KRW 8,494 KRW 76
ROIC Compounder 6,066 KRW 7,607 KRW 9,533 KRW 72
Growth Earnings
Growth-Adj P/E 5,742 KRW 8,202 KRW 10,663 KRW 68

Widest divergence: Multiples (9,085 KRW) versus Earnings-Based (3,426 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 90.3B KRW
Revenue growth (YoY) -1.5%
Net margin 7.5%
Return on equity 10.6%
Free cash flow 5.2B KRW FY2025
Operating margin 7.7%
More key figures
Dividend yield 7.6%
EPS growth (YoY) -9.2%
Net debt 6.1B KRW FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 60 · Market factors (momentum, volatility) 24

Profitability 48
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Chin Yang Industry Co., Ltd. engages the manufacture and sale of plastic foam molded products in South Korea. It is also involved in manufacture and sale of auto parts; rental of real estate properties; and polyurethane manufacturing and toll processing activities. The company was formerly known as Chin Yang Co., Ltd.

Full company description

Chin Yang Industry Co., Ltd. engages the manufacture and sale of plastic foam molded products in South Korea. It is also involved in manufacture and sale of auto parts; rental of real estate properties; and polyurethane manufacturing and toll processing activities. The company was formerly known as Chin Yang Co., Ltd. and changed its name to Chin Yang Industry Co., Ltd. in 2007. Chin Yang Industry Co., Ltd. was founded in 1963 and is headquartered in Yangsan-si, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chin Yang Industry Co reported revenue of 90.7B KRW in FY2025 versus 76.4B KRW in FY2021, a compound +4.4%/yr. Reported net income was 6.9B KRW in FY2025, compounding +2.9%/yr from FY2021.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
90.7B KRW
Latest YoY
+2.8%
Avg. growth/yr (3Y) 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.
+2.7%
Avg. growth/yr (5Y) 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.
+7.1%
Avg. growth/yr (19Y) 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.
+7.3%
Revenue +4.4%/yr
FY21 76.4B KRW
FY22 83.7B KRW
FY23 86.9B KRW
FY24 88.2B KRW
FY25 90.7B KRW
Net income +2.9%/yr
FY21 6.2B KRW
FY22 6.1B KRW
FY23 8.5B KRW
FY24 10.0B KRW
FY25 6.9B KRW

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Cite: Fair Value Calculator (2026). "Chin Yang Industry Co Fair Value". https://www.fairvalue-calculator.com/stock/003780

Peer Group

Auto Parts · 642 stocks

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.

Quality Score 61 · Top 25%
Fair Value upside +107% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 5% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth -2% · Below median
Dividend yield (TTM) 7.6% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 16
FUTURE 0 · sector 23
PAST 43 · sector 26
HEALTH 98 · sector 95
DIVIDEND 100 · sector 30

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is Chin Yang Industry Co (003780) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 8,087 KRW versus a price of 3,910 KRW, about +107% (undervalued).
What is the fair value of 003780?
Our model-based fair value for Chin Yang Industry Co is 8,087 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 3,910 KRW.
What is the quality score of 003780?
Chin Yang Industry Co has a Quality Score of 61/100. 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 revenue of Chin Yang Industry Co (003780)?
Chin Yang Industry Co reported trailing-twelve-month revenue of about 90.3B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 003780?
The net profit margin of Chin Yang Industry Co is about 7.5%, meaning it keeps roughly 7.5% of revenue as net income. Based on the latest reported figures.
Does Chin Yang Industry Co pay a dividend?
Chin Yang Industry Co currently shows a dividend yield of about 6.75% relative to its recent price (as of Jul 22, 2026).

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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