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Hyosung Corporation (004800) Fair Value & Analysis

Industrials · KR · Market cap 2.7T KRW

HC Hyosung Corporation 004800 · KO
Price158,100 KRW
Fair Value321,200 KRW
Upside+103.2%
Quality62/100
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Weak Growth
Solidly profitable · 14.0% net margin
Low debt · generates free cash flow
3.32% dividend yield
Ranks above peers (9/11)
Moderate moat 59/100
Evidence: Medium Range 240,900 KRW – 401,500 KRW Share as image

Fair value as of: Jul 24, 2026

From 12 valuation models · updated 17 days ago

Fair value updated Jul 24, 2026, revised from 335,478 KRW to 321,200 KRW (−4.3%) since Jun 26, 2026. Share price +6.0% over the past month.

A solid business, screening 103% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (240,900 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

276,000 KRW 36,065 KRW Fair Value 321,200 KRW Feb 2021 Aug 2026

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

How to read this chart

60‑month range 36,065 KRW – 276,000 KRW · fair‑value band 240,900 KRW – 401,500 KRW · the 158,100 KRW price screens below the 321,200 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

Full chart & analysis →

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Analysis

Hyosung Corporation (004800) currently trades at 158,100 KRW, while our model-based Fair Value estimate is 321,200 KRW, implying the stock looks roughly 103.2% undervalued today. The Quality Score stands at 62/100 (solid quality), in the Industrials 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: medium), always confirm before acting.

Over the trailing twelve months, Hyosung Corporation generated revenue of 2.4T KRW at a net margin of 14.0%. Revenue declined 4.3% year over year. It earns a return on equity of 16.1%. Net debt stands at 1.1T KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 240,900 KRW (bear case) to 401,500 KRW (bull case); at 158,100 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 50% below its 52-week high and 159% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 103%, 004800 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 BearBaseBull Evidence
Highest evidence
Growth DCF 136,714 KRW 200,973 KRW 315,333 KRW 80
Residual Income 142,909 KRW 183,897 KRW 490,714 KRW 76
Rev-Margin DCF 136,962 KRW 221,793 KRW 325,192 KRW 74
All 12 models by family
DCF Models
Owner Earnings 136,830 KRW 205,872 KRW 338,748 KRW 31
5Y P/E Exit 198,547 KRW 324,939 KRW 475,645 KRW 38
10Y P/E Exit 170,808 KRW 256,559 KRW 339,250 KRW 35
Earnings-Based
Graham-Dodd 134,191 KRW 164,011 KRW 184,513 KRW 54
Dividend Discount
Gordon GGM 38,351 KRW 42,178 KRW 48,059 KRW 70
DDM Multi-Stage 38,351 KRW 48,947 KRW 64,271 KRW 61
Multiples
P/E Multiple 310,810 KRW 414,414 KRW 518,017 KRW 63
P/B Multiple 251,608 KRW 335,478 KRW 419,347 KRW 55
Asset-Based
NCAV (Graham) 73,084 KRW 97,933 KRW 146,168 KRW 50
Growth DCF
Growth DCF 136,714 KRW 200,973 KRW 315,333 KRW 80
Rev-Margin DCF 136,962 KRW 221,793 KRW 325,192 KRW 74
Economic Profit
Residual Income 142,909 KRW 183,897 KRW 490,714 KRW 76

Widest divergence: Multiples (335,478 KRW) versus Dividend Discount (42,178 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.4T KRW
Revenue growth (YoY) -4.3%
Net margin 14.0%
Return on equity 16.1%
Free cash flow 253B KRW FY2025
Operating margin 17.9%
More key figures
Dividend yield 2.8%
EPS growth (YoY) +12.7%
Net debt 1.1T KRW FY2025

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

Quality Score breakdown

Overall quality 62/100

Of which business quality 58 · Market factors (momentum, volatility) 46

Profitability 42
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 59
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 13
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 90
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

Hyosung Corporation, together with its subsidiaries, engages in the manufacture of chemical fibers in Korea and internationally. The company operates through textile and trading segments.

Full company description

Hyosung Corporation, together with its subsidiaries, engages in the manufacture of chemical fibers in Korea and internationally. The company operates through textile and trading segments. It engages in the provision of nylon and polyester yarns and fabrics, and dyeing products; spandex products under the creora brand; steel and chemical trade; and material solutions for semiconductor and display technology environments. The company also provides power transmission and distribution grid solutions; industrial infrastructure solutions; renewable energy; plant pumps; and building and general pumps; housing, civil engineering, and architecture services. In addition, it offers chemical products including polypropylene, poketone, film, optical film, and membrane products; technologies including financial automation solutions, ATMs, IT services, fintech, and blockchain services; content delivery network, information and communication system design and implementation, and system maintenance and support. Further, the company provides electronic payments, mobile gift certificates and coupons, convenience store cash services, convenience store payments, Moneytree app, and Moneytree card; vehicle sales and operation of Ferrari and Maserati official service centers; production of smart optical films and high-functional tapes; sports marketing, advertising and production, event and exhibition management, broadcast program production, digital marketing and content creation; and LED display systems, architectural and landscape lighting, and development and manufacturing of LED lighting equipment and integrated systems. The company was incorporated in 1966 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

Hyosung Corporation reported revenue of 2.4T KRW in FY2025 versus 3.5T KRW in FY2021, a compound −9.0%/yr. Reported net income was 330B KRW in FY2025, compounding −6.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.4T KRW
Latest YoY
+7.0%
Avg. growth/yr (3Y)
−13.2%
Avg. growth/yr (5Y)
−2.7%
Avg. growth/yr (25Y)
−2.4%
Revenue −9.0%/yr
FY21 3.5T KRW
FY22 3.7T KRW
FY23 1.8T KRW
FY24 2.3T KRW
FY25 2.4T KRW
Net income −6.9%/yr
FY21 438B KRW
FY22 15.6B KRW
FY23 68.2M KRW
FY24 453B KRW
FY25 330B KRW

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Cite: Fair Value Calculator (2026). "Hyosung Corporation Fair Value". https://www.fairvalue-calculator.com/stock/004800

Peer Group

Conglomerates · 370 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 +103% · Top 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth -4% · Below median
Dividend yield (TTM) 3.3% · Above median
Debt / equity 0.30× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 0.9× · 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 21
FUTURE 0 · sector 16
PAST 65 · sector 20
HEALTH 85 · sector 88
DIVIDEND 66 · sector 39

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 Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
Swire Pacific Limited 0019 HK$99.50 HK$16.77 -83%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
Grupo Carso, S.A. GCARSOA1 127.02 MXN 66.21 MXN -48%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%

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Frequently asked questions

Is Hyosung Corporation (004800) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 321,200 KRW versus a price of 158,100 KRW, about +103% (undervalued).
What is the fair value of 004800?
Our model-based fair value for Hyosung Corporation is 321,200 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 158,100 KRW.
What is the quality score of 004800?
Hyosung Corporation 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 Hyosung Corporation (004800)?
Hyosung Corporation reported trailing-twelve-month revenue of about 2.4T KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 004800?
The net profit margin of Hyosung Corporation is about 14.0%, meaning it keeps roughly 14.0% of revenue as net income. Based on the latest reported figures.
Does Hyosung Corporation pay a dividend?
Hyosung Corporation currently shows a dividend yield of about 2.76% relative to its recent price (as of Jul 24, 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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