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Hansol Holdings Co Ltd (004150) Fair Value & Analysis

Basic Materials · KR · Market cap 127B KRW (≈ $89.0M) · ISIN KR7004150009

What is Hansol Holdings Co Ltd really worth?

HH Hansol Holdings Co Ltd 004150 · KO
Price3,485 KRW
Fair Value7,640 KRW
Upside+119.2%
Quality62/100

A solid business, trading 54% below our fair value of 7,640 KRW.

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Strengths

Low debt · generates free cash flow
Ranks above peers (7/10)

Risks

!Mixed Growth (revenue 5y +25.0 %/yr)
!Thin margins · 0.5% net margin
!Narrow moat 24/100
!Evidence only low, so the estimate is less certain
!Weak on past: 8 out of 100

For context

·3.73% dividend yield
Evidence: Low Range 5,707 KRW – 9,573 KRW

Fair value as of: Aug 24, 2026

From 14 valuation models · updated 12 days ago

Share price +10.8% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case (5,707 KRW). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

4,150 KRW 1,942 KRW Fair Value 7,640 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range 1,942 KRW – 4,150 KRW · fair‑value band 5,707 KRW – 9,573 KRW · the 3,485 KRW price screens below the 7,640 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 24, 2026.

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Analysis

Hansol Holdings Co Ltd (004150) currently trades at 3,485 KRW, while our model-based Fair Value estimate is 7,640 KRW, implying the stock looks roughly 54.4% undervalued today. The Quality Score stands at 62/100 (solid quality), in the Basic Materials sector. Bull case: the DCF Models group reads highest at a median of 12,510 KRW per share, and 14 of the 14 models we run sit above the 3,485 KRW price. Bear case: the Earnings-Based group reads lowest at 5,493 KRW, and 0 of the 14 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Hansol Holdings Co Ltd generated revenue of 1.1T KRW at a net margin of 0.5%. Revenue declined 2.5% year over year. It earns a return on equity of 2.1%. Net debt stands at 3.8B KRW. Fundamentals as of Aug 24, 2026

Our scenario range runs from 5,707 KRW (bear case) to 9,573 KRW (bull case); at 3,485 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 26% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at 119%, 004150 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF 12,667 KRW 18,372 KRW 26,714 KRW 80
Growth DCF 12,960 KRW 18,164 KRW 25,398 KRW 79
Owner Earnings 5,493 KRW 7,720 KRW 10,978 KRW 77
All 14 models by family
DCF Models
FCF DCF 12,667 KRW 18,372 KRW 26,714 KRW 80
Owner Earnings 5,493 KRW 7,720 KRW 10,978 KRW 77
5Y Revenue Exit 8,151 KRW 11,040 KRW 14,530 KRW 74
5Y EBITDA Exit 10,215 KRW 14,780 KRW 19,892 KRW 76
10Y Revenue Exit 9,567 KRW 12,510 KRW 16,086 KRW 68
10Y EBITDA Exit 11,013 KRW 15,064 KRW 20,062 KRW 69
Earnings-Based
EPV 4,836 KRW 5,493 KRW 6,067 KRW 74
Multiples
EV/EBIT 6,696 KRW 8,630 KRW 10,563 KRW 66
EV/EBITDA 9,929 KRW 12,940 KRW 15,951 KRW 67
EV/Revenue 5,923 KRW 8,077 KRW 10,232 KRW 54
Asset-Based
NCAV (Graham) 6,787 KRW 9,095 KRW 13,574 KRW 54
Growth DCF
Growth DCF 12,960 KRW 18,164 KRW 25,398 KRW 79
Rev-Margin DCF 8,151 KRW 11,209 KRW 14,637 KRW 74
Economic Profit
ROIC Compounder 4,836 KRW 5,493 KRW 6,067 KRW 72

Widest divergence: DCF Models (12,510 KRW) versus Earnings-Based (5,493 KRW). Highest evidence: FCF DCF (80).

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Key figures & financial health

P/S ratio 0.13 TTM
Dividend yield 3.7%
Net margin −0.1% FY2025
Return on equity 2.1% TTM
Return on assets (EBIT) 1.9% avg 5y
Operating margin 3.0% TTM
More key figures
Growth
Revenue (TTM) 1.1T KRW TTM
Revenue growth (YoY) −2.5% 3y avg +33.0%
EPS growth (YoY) +143%
Balance sheet & cash flow
Free cash flow 44.3B KRW FY2025
Net debt 3.8B KRW FY2019 · ≈ 0.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 61 · Market factors (momentum, volatility) 46

Profitability 32
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 86
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Hansol Holdings Co., Ltd. engages in the paper material, information system, and network maintenance businesses in South Korea.

Full company description

Hansol Holdings Co., Ltd. engages in the paper material, information system, and network maintenance businesses in South Korea. The company also manufactures and sells corrugated support paper and paper; provides IT services, system integration, and software development, etc.; and manufactures and sells of secondary packaging materials, as well as distributes paper products. Hansol Holdings Co., Ltd. was founded in 1965 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hansol Holdings Co Ltd reported revenue of 1.1T KRW in FY2025 versus 414B KRW in FY2021, a compound +27.7%/yr. Reported net income was −607M KRW in FY2025.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.1T KRW
Latest YoY
+38.7%
Avg. revenue 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.
+33.0%
Avg. revenue 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.
+25.0%
Avg. revenue growth/yr (25Y) 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.
−0.9%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +27.7%/yr
FY21 414B KRW
FY22 467B KRW
FY23 443B KRW
FY24 792B KRW
FY25 1.1T KRW
Net income
FY21 21.6B KRW
FY22 48.1B KRW
FY23 7.4B KRW
FY24 2.0B KRW
FY25 −607M KRW

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Cite: Fair Value Calculator (2026). "Hansol Holdings Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/004150

Peer Group

Paper & Paper Products · 118 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 62 · Top 25%
Fair Value upside +119% · Top 25%
Return on equity (TTM) 2% · Below median
Return on assets 2% · Above median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 3% · Above median
Revenue growth −3% · Below median
Dividend yield (TTM) 3.7% · Above median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Paper & Paper Products median · lower = cheaper

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

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 24
FUTURE0 · sector 2
PAST8 · sector 14
HEALTH100 · sector 92
DIVIDEND75 · sector 46

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

Similar stocks

10 more Paper & Paper Products stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
UPM-Kymmene Oyj UPM €24.31 €14.21 −42%
Suzano S.A SUZ $9.15 $24.16 +164%
Svenska Cellulosa Aktiebolaget SCA (publ) SCAA kr 112.50 kr 45.12 −60%
Shandong Sunpaper Co 002078 ¥13.94 ¥17.29 +24%
Holmen AB HOLMB kr 323.00 kr 217.72 −33%
Nine Dragons Paper (Holdings) Limited 2689 HK$7.92 HK$8.74 +10%
PT Indah Kiat Pulp & Paper Tbk INKP 8,800 IDR 17,945 IDR +104%
Empresas CMPC S.A CMPC 1,049 CLP 1,281 CLP +22%
The Navigator Company NVG €3.24 €2.65 −18%
Xianhe Co 603733 ¥21.11 ¥21.06 +0%

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Frequently asked questions

Is Hansol Holdings Co Ltd (004150) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of 7,640 KRW versus a price of 3,485 KRW, about +119% upside (undervalued).
What is the fair value of 004150?
Our model-based fair value for Hansol Holdings Co Ltd is 7,640 KRW (as of Aug 24, 2026), built from audited fundamentals. The current price: 3,485 KRW.
What is the quality score of 004150?
Hansol Holdings Co Ltd 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 revenue of Hansol Holdings Co Ltd (004150)?
Hansol Holdings Co Ltd reported trailing-twelve-month revenue of about 1.1T KRW (latest available figure, as of Aug 24, 2026).
What is the net profit margin of 004150?
The net profit margin of Hansol Holdings Co Ltd is about 0.5%, meaning it keeps roughly 0.5% of revenue as net income. Based on the latest reported figures.
Does Hansol Holdings Co Ltd pay a dividend?
Hansol Holdings Co Ltd currently shows a dividend yield of about 3.73% relative to its recent price (as of Aug 24, 2026).
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