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Dongil Industries Co (004890) Fair Value & Analysis

Basic Materials · KR · Market cap 73.2B KRW

DI Dongil Industries Co 004890 · KO
Price34,350 KRW
Fair Value54,800 KRW
Upside+59.5%
Quality48/100
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Weak Growth
Loss-making · -1.5% net margin
Low debt · negative free cash flow
2.89% dividend yield
Trails peers (3/9)
Narrow moat 17/100
Evidence: Low Range 48,952 KRW – 60,648 KRW Share as image

Fair value as of: Jul 22, 2026

From 4 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 49,001 KRW to 54,800 KRW (+11.8%) since Jun 25, 2026. Share price −3.6% over the past month.

Below-average quality, screening 60% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (48,952 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 (48/100) 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)

210,271 KRW 33,350 KRW Fair Value 54,800 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 33,350 KRW – 210,271 KRW · fair‑value band 48,952 KRW – 60,648 KRW · the 34,350 KRW price screens below the 54,800 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.

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Analysis

Dongil Industries Co (004890) currently trades at 34,350 KRW, while our model-based Fair Value estimate is 54,800 KRW, implying the stock looks roughly 59.5% undervalued today. The Quality Score stands at 48/100 (below-average quality), in the Basic Materials 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: low), always confirm before acting.

Over the trailing twelve months, Dongil Industries Co generated revenue of 340B KRW at a net margin of -1.5%. Revenue declined 8.7% year over year. It earns a return on equity of -1.2%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 48,952 KRW (bear case) to 60,648 KRW (bull case); at 34,350 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 25% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 60%, 004890 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
Gordon GGM 11,609 KRW 12,706 KRW 14,379 KRW 70
DDM Multi-Stage 11,609 KRW 14,565 KRW 18,709 KRW 61
EV/EBITDA 34,603 KRW 38,737 KRW 42,871 KRW 54
All 4 models by family
Dividend Discount
Gordon GGM 11,609 KRW 12,706 KRW 14,379 KRW 70
DDM Multi-Stage 11,609 KRW 14,565 KRW 18,709 KRW 61
Multiples
EV/EBITDA 34,603 KRW 38,737 KRW 42,871 KRW 54
Asset-Based
NCAV (Graham) 94,891 KRW 127,154 KRW 189,781 KRW 50

Widest divergence: Asset-Based (127,154 KRW) versus Dividend Discount (12,706 KRW). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 340B KRW
Revenue growth (YoY) -8.7%
Net margin -1.5%
Return on equity -1.2%
Free cash flow −3.0B KRW FY2025
Operating margin 3.5%
More key figures
Dividend yield 2.8%
EPS growth (YoY) +990%

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 47 · Market factors (momentum, volatility) 41

Profitability 15
Margins and returns on capital today
Quality Growth 11
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 89
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

Dongil Industries Co.,Ltd. operates in the steel industry in South Korea. It manufactures hot rolled steel bars; cold drawn bars used in manufacturing parts for automobiles and industrial machinery, and electronic appliances; and CHQ wires used in manufacturing materials for fastener industries and automotive parts.

Full company description

Dongil Industries Co.,Ltd. operates in the steel industry in South Korea. It manufactures hot rolled steel bars; cold drawn bars used in manufacturing parts for automobiles and industrial machinery, and electronic appliances; and CHQ wires used in manufacturing materials for fastener industries and automotive parts. The company also provides peeled bars that are used as parts in cold forged automotive parts, cylinders, and shafts of heavy equipment; and abrasive steel rods used for products that control the burnout of the surface, such as LM guide. In addition, it offers ferro alloys, and steel casting products for excavators and wheel loaders, as well as abrasion resistant steel products. Dongil Industries Co.,Ltd. was founded in 1946 and is based in Pohang, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dongil Industries Co reported revenue of 348B KRW in FY2025 versus 464B KRW in FY2021, a compound −7.0%/yr. Reported net income was −12.9B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
348B KRW
Latest YoY
−16.3%
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.
−11.3%
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.
+0.9%
Avg. growth/yr (20Y) 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.
+0.8%
Revenue −7.0%/yr
FY21 464B KRW
FY22 498B KRW
FY23 441B KRW
FY24 416B KRW
FY25 348B KRW
Net income
FY21 43.8B KRW
FY22 21.8B KRW
FY23 −1.1B KRW
FY24 14.6B KRW
FY25 −12.9B KRW

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Cite: Fair Value Calculator (2026). "Dongil Industries Co Fair Value". https://www.fairvalue-calculator.com/stock/004890

Peer Group

Steel · 378 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 48 · Below median
Fair Value upside +60% · Top 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth -9% · Below median
Dividend yield (TTM) 2.9% · Above median
Debt / equity 0.03× · Lower than median

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 19
FUTURE 0 · sector 4
PAST 0 · sector 15
HEALTH 98 · sector 95
DIVIDEND 58 · sector 41

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 Steel stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

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Frequently asked questions

Is Dongil Industries Co (004890) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 54,800 KRW versus a price of 34,350 KRW, about +60% (undervalued).
What is the fair value of 004890?
Our model-based fair value for Dongil Industries Co is 54,800 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 34,350 KRW.
What is the quality score of 004890?
Dongil Industries Co has a Quality Score of 48/100. 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 Dongil Industries Co (004890)?
Dongil Industries Co reported trailing-twelve-month revenue of about 340B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 004890?
The net profit margin of Dongil Industries Co is about -1.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Dongil Industries Co pay a dividend?
Dongil Industries Co currently shows a dividend yield of about 2.75% 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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