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Wonlim Corporation (005820) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 27.9B KRW

WC Wonlim Corporation 005820 · KO
Price14,490 KRW
Fair Value30,802 KRW
Upside+112.6%
Quality62/100
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Mixed Growth
Thin margins · 4.0% net margin
Low debt · generates free cash flow
3.39% dividend yield
Ranks above peers (7/10)
Narrow moat 35/100
Evidence: Medium Range 23,101 KRW – 38,502 KRW Share as image

Fair value as of: Jul 24, 2026

From 24 valuation models · updated 17 days ago

Share price +3.1% over the past month.

A solid business, screening 113% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (23,101 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)

25,239 KRW 11,502 KRW Fair Value 30,802 KRW Mar 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 11,502 KRW – 25,239 KRW · fair‑value band 23,101 KRW – 38,502 KRW · the 14,490 KRW price screens below the 30,802 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.

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Analysis

Wonlim Corporation (005820) currently trades at 14,490 KRW, while our model-based Fair Value estimate is 30,802 KRW, implying the stock looks roughly 112.6% undervalued today. The Quality Score stands at 62/100 (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: medium), always confirm before acting.

Over the trailing twelve months, Wonlim Corporation generated revenue of 89.5B KRW at a net margin of 4.0%. Revenue declined 1.0% year over year. It earns a return on equity of 3.2%. Net debt stands at 1.9B KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 23,101 KRW (bear case) to 38,502 KRW (bull case); at 14,490 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 19% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at 113%, 005820 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 28,759 KRW 35,240 KRW 46,057 KRW 80
Residual Income 44,532 KRW 43,209 KRW 36,410 KRW 76
Rev-Margin DCF 28,007 KRW 36,824 KRW 47,439 KRW 74
All 24 models by family
DCF Models
FCF DCF 28,066 KRW 34,751 KRW 46,760 KRW 38
Owner Earnings 32,271 KRW 40,497 KRW 55,274 KRW 31
5Y Revenue Exit 28,007 KRW 36,525 KRW 48,513 KRW 39
5Y EBITDA Exit 29,269 KRW 38,686 KRW 50,719 KRW 41
5Y P/E Exit 29,157 KRW 38,494 KRW 49,209 KRW 38
10Y Revenue Exit 27,333 KRW 34,809 KRW 43,467 KRW 36
10Y EBITDA Exit 28,649 KRW 36,241 KRW 44,943 KRW 37
10Y P/E Exit 28,580 KRW 36,114 KRW 43,933 KRW 35
Earnings-Based
Graham-Dodd 12,321 KRW 21,968 KRW 27,046 KRW 54
EPV 28,265 KRW 31,339 KRW 34,028 KRW 59
Dividend Discount
Gordon GGM 6,001 KRW 7,793 KRW 9,622 KRW 70
DDM Multi-Stage 6,001 KRW 8,181 KRW 10,811 KRW 61
Multiples
P/E Multiple 23,101 KRW 30,802 KRW 38,502 KRW 63
P/S Multiple 23,101 KRW 30,802 KRW 38,502 KRW 58
P/B Multiple 23,101 KRW 30,802 KRW 38,502 KRW 55
EV/EBIT 32,415 KRW 39,945 KRW 47,476 KRW 53
EV/EBITDA 33,131 KRW 40,901 KRW 48,670 KRW 54
EV/Revenue 29,402 KRW 37,794 KRW 46,185 KRW 43
Asset-Based
NCAV (Graham) 30,765 KRW 41,226 KRW 61,531 KRW 50
Growth DCF
Growth DCF 28,759 KRW 35,240 KRW 46,057 KRW 80
Rev-Margin DCF 28,007 KRW 36,824 KRW 47,439 KRW 74
Economic Profit
Residual Income 44,532 KRW 43,209 KRW 36,410 KRW 76
ROIC Compounder 28,265 KRW 31,339 KRW 34,028 KRW 72
Growth Earnings
Growth-Adj P/E 16,457 KRW 23,511 KRW 30,564 KRW 68

Widest divergence: Asset-Based (41,226 KRW) versus Dividend Discount (7,793 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 89.5B KRW
Revenue growth (YoY) -1.0%
Net margin 4.0%
Return on equity 3.2%
Free cash flow 3.7B KRW FY2025
Operating margin 6.0%
More key figures
Dividend yield 3.4%
EPS growth (YoY) -19.3%
Net debt 1.9B KRW FY2022

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 61 · Market factors (momentum, volatility) 46

Profitability 25
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 30
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

Wonlim Corporation manufactures and sells industrial packaging materials primarily in South Korea. The company offers sandwich, laminating, cement, PE, box, and FIBC bags. It also engages in the wholesale business of medical devices and investment in securities, as well as real estate, finance, and leasing activities.

Full company description

Wonlim Corporation manufactures and sells industrial packaging materials primarily in South Korea. The company offers sandwich, laminating, cement, PE, box, and FIBC bags. It also engages in the wholesale business of medical devices and investment in securities, as well as real estate, finance, and leasing activities. In addition, the company is involved in finance, and leasing activities. Further, it engages in the wholesale business of medical devices. Additionally, the company is involved in investment in securities related businesses. 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

Wonlim Corporation reported revenue of 89.7B KRW in FY2025 versus 79.7B KRW in FY2021, a compound +3.0%/yr. Reported net income was 3.7B KRW in FY2025, compounding +27.5%/yr from FY2021.

Growth Quality 57/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
89.7B KRW
Latest YoY
+8.9%
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.
+3.1%
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.
+5.6%
Avg. growth/yr (17Y) 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.
−0.4%
Revenue +3.0%/yr
FY21 79.7B KRW
FY22 81.9B KRW
FY23 84.4B KRW
FY24 82.4B KRW
FY25 89.7B KRW
Net income +27.5%/yr
FY21 1.4B KRW
FY22 7.2B KRW
FY23 7.4B KRW
FY24 4.0B KRW
FY25 3.7B KRW

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Cite: Fair Value Calculator (2026). "Wonlim Corporation Fair Value". https://www.fairvalue-calculator.com/stock/005820

Peer Group

Packaging & Containers · 272 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 +113% · Top 25%
Return on equity (TTM) 3% · Below median
Return on assets 1% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 6% · Above median
Revenue growth -1% · Below median
Dividend yield (TTM) 3.4% · Above median
Debt / equity 0.02× · Lower than 75% of peers

Valuation Multiples vs Packaging & Containers 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 9
FUTURE 0 · sector 1
PAST 13 · sector 21
HEALTH 99 · sector 92
DIVIDEND 68 · sector 42

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

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 101.90 kr 126.39 +24%
ShenZhen YUTO Packaging Technology Co 002831 ¥29.10 ¥20.88 -28%
SCG Packaging Public Company SCGP 29.00 THB 16.12 THB -44%
AblePrint Technology Co 7734 2,850 TWD 661.69 TWD -77%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,194 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 132.50 TWD 127.06 TWD -4%
Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
Ton Yi Industrial Corp 9907 15.15 TWD 23.17 TWD +53%
Dongwon Systems Corporation 014820 19,330 KRW 31,473 KRW +63%

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Frequently asked questions

Is Wonlim Corporation (005820) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 30,802 KRW versus a price of 14,490 KRW, about +113% (undervalued).
What is the fair value of 005820?
Our model-based fair value for Wonlim Corporation is 30,802 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 14,490 KRW.
What is the quality score of 005820?
Wonlim 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 Wonlim Corporation (005820)?
Wonlim Corporation reported trailing-twelve-month revenue of about 89.5B KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 005820?
The net profit margin of Wonlim Corporation is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.
Does Wonlim Corporation pay a dividend?
Wonlim Corporation currently shows a dividend yield of about 3.23% 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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