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Poongsan Holdings (005810) Fair Value & Analysis

Basic Materials · KR · Market cap 456B KRW

PH Poongsan Holdings 005810 · KO
Price38,000 KRW
Fair Value63,855 KRW
Upside+68.0%
Quality45/100
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Expensive Growth
Highly profitable · 20.0% net margin
Low debt · negative free cash flow
4.89% dividend yield
Ranks above peers (8/9)
Moderate moat 55/100
Evidence: High Range 46,825 KRW – 75,919 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Share price +10.8% over the past month.

Below-average quality, screening 68% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (46,825 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (45/100) 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)

54,800 KRW 11,783 KRW Fair Value 63,855 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 11,783 KRW – 54,800 KRW · fair‑value band 46,825 KRW – 75,919 KRW · the 38,000 KRW price screens below the 63,855 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

Poongsan Holdings (005810) currently trades at 38,000 KRW, while our model-based Fair Value estimate is 63,855 KRW, implying the stock looks roughly 68.0% undervalued today. The Quality Score stands at 45/100 (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: high), always confirm before acting.

Over the trailing twelve months, Poongsan Holdings generated revenue of 456B KRW at a net margin of 20.0%. Revenue grew 23.6% year over year. It earns a return on equity of 7.9%. Net debt stands at 58.6B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 46,825 KRW (bear case) to 75,919 KRW (bull case); at 38,000 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 38% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 68%, 005810 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
Residual Income 68,316 KRW 71,246 KRW 75,307 KRW 76
ROIC Compounder 32,130 KRW 37,236 KRW 41,775 KRW 72
Gordon GGM 5,460 KRW 7,257 KRW 9,140 KRW 70
All 15 models by family
DCF Models
Owner Earnings 67,490 KRW 93,160 KRW 140,340 KRW 31
Earnings-Based
Graham-Dodd 36,872 KRW 66,485 KRW 82,025 KRW 54
EPV 32,130 KRW 37,236 KRW 41,775 KRW 59
Dividend Discount
Gordon GGM 5,460 KRW 7,257 KRW 9,140 KRW 70
DDM Multi-Stage 5,460 KRW 7,601 KRW 10,281 KRW 61
Multiples
P/E Multiple 69,135 KRW 92,180 KRW 115,225 KRW 63
P/S Multiple 35,443 KRW 47,258 KRW 59,072 KRW 58
P/B Multiple 69,135 KRW 92,180 KRW 115,225 KRW 55
EV/EBIT 54,288 KRW 71,319 KRW 88,349 KRW 53
EV/EBITDA 47,502 KRW 62,271 KRW 77,039 KRW 54
EV/Revenue 36,279 KRW 50,456 KRW 64,633 KRW 43
Asset-Based
NCAV (Graham) 42,342 KRW 56,738 KRW 84,683 KRW 50
Economic Profit
Residual Income 68,316 KRW 71,246 KRW 75,307 KRW 76
ROIC Compounder 32,130 KRW 37,236 KRW 41,775 KRW 72
Growth Earnings
Growth-Adj P/E 49,293 KRW 70,419 KRW 91,545 KRW 68

Widest divergence: DCF Models (93,160 KRW) versus Dividend Discount (7,257 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 456B KRW
Revenue growth (YoY) +23.6%
Net margin 20.0%
Return on equity 7.9%
Free cash flow −11.7B KRW FY2025
Operating margin 29.2%
More key figures
Dividend yield 4.9%
EPS growth (YoY) +106%
Net debt 58.6B KRW FY2025

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 43 · Market factors (momentum, volatility) 26

Profitability 36
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 42
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 50
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

Poongsan Holdings Corporation manufactures and sells copper and nonferrous metal products worldwide. It offers fabricated non-ferrous material, including copper, copper alloy sheets, strips, rods, bars, wires, leadframe alloys, coin blanks, copper-based roofing material, steel strips, and biobrass; defense products, such as military ammunition, sporting …

Full company description

Poongsan Holdings Corporation manufactures and sells copper and nonferrous metal products worldwide. It offers fabricated non-ferrous material, including copper, copper alloy sheets, strips, rods, bars, wires, leadframe alloys, coin blanks, copper-based roofing material, steel strips, and biobrass; defense products, such as military ammunition, sporting ammunition, propellant powder, ammunition parts, and precision forging products; and precision products, including connector parts for electric and electronic industries, multi-gauge copper strips, precision dies, gauges and tools, and metal machinery and facilities. The company was founded in 1968 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

Poongsan Holdings reported revenue of 433B KRW in FY2025 versus 488B KRW in FY2021, a compound −3.0%/yr. Reported net income was 74.4B KRW in FY2025, compounding −19.0%/yr from FY2021.

Growth Quality 48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
433B KRW
Latest YoY
−3.8%
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.
+3.7%
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.
+10.2%
Avg. 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.
−4.4%
Revenue −3.0%/yr
FY21 488B KRW
FY22 388B KRW
FY23 407B KRW
FY24 449B KRW
FY25 433B KRW
Net income −19.0%/yr
FY21 173B KRW
FY22 73.1B KRW
FY23 83.2B KRW
FY24 99.7B KRW
FY25 74.4B KRW

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Cite: Fair Value Calculator (2026). "Poongsan Holdings Fair Value". https://www.fairvalue-calculator.com/stock/005810

Peer Group

Copper · 59 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 45 · Above median
Fair Value upside +68% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 29% · Above median
Revenue growth 24% · Below median
Dividend yield (TTM) 4.9% · Top 25%
Debt / equity 0.00× · Lower 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 0
FUTURE 100 · sector 100
PAST 32 · sector 17
HEALTH 100 · sector 93
DIVIDEND 98 · sector 20

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

Stock Price Fair Value vs Fair Value
Southern Copper Corporation SCCO $175.66 $86.74 -51%
Freeport-McMoRan Inc FCX $61.52 $22.81 -63%
Lundin Mining Corporation LUN C$34.86 C$18.67 -46%
Jiangxi Copper Company 600362 ¥39.03 ¥35.19 -10%
Tongling Nonferrous Metals Group 000630 ¥5.79 ¥3.06 -47%
Hudbay Minerals Inc HBM C$28.58 C$21.79 -24%
Zhejiang Hailiang Co 002203 ¥16.66 ¥7.00 -58%
Capstone Copper Corp CSC A$13.06 A$7.28 -44%
Yunnan Copper Co 000878 ¥14.32 ¥9.12 -36%
China Nonferrous Mining Corporation 1258 HK$14.75 HK$1.76 -88%

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Frequently asked questions

Is Poongsan Holdings (005810) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 63,855 KRW versus a price of 38,000 KRW, about +68% (undervalued).
What is the fair value of 005810?
Our model-based fair value for Poongsan Holdings is 63,855 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 38,000 KRW.
What is the quality score of 005810?
Poongsan Holdings has a Quality Score of 45/100. 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 Poongsan Holdings (005810)?
Poongsan Holdings reported trailing-twelve-month revenue of about 456B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 005810?
The net profit margin of Poongsan Holdings is about 20.0%, meaning it keeps roughly 20.0% of revenue as net income. Based on the latest reported figures.
Does Poongsan Holdings pay a dividend?
Poongsan Holdings currently shows a dividend yield of about 4.50% 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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