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Singsong Holdings (006880) Fair Value & Analysis

Industrials · KR · Market cap 51.1B KRW

SH Singsong Holdings 006880 · KO
Price4,675 KRW
Fair Value5,733 KRW
Upside+22.6%
Quality43/100
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Mixed Growth
Thin margins · 2.9% net margin
Low debt · negative free cash flow
2.54% dividend yield
Ranks above peers (6/10)
Narrow moat 32/100
Evidence: Medium Range 4,300 KRW – 7,167 KRW Share as image

Fair value as of: Jul 22, 2026

From 6 valuation models · updated 19 days ago

Share price −1.2% over the past month.

Below-average quality, screening 23% undervalued on our models.

What matters now

  • Our model range runs from 4,300 KRW (bear) to 7,167 KRW (bull), base 5,733 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 43/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

17,118 KRW 3,989 KRW Fair Value 5,733 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 3,989 KRW – 17,118 KRW · fair‑value band 4,300 KRW – 7,167 KRW · the 4,675 KRW price screens below the 5,733 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.

Full chart & analysis →

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Analysis

Singsong Holdings (006880) currently trades at 4,675 KRW, while our model-based Fair Value estimate is 5,733 KRW, implying the stock looks roughly 22.6% undervalued today. The Quality Score stands at 43/100 (below-average 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, Singsong Holdings generated revenue of 190B KRW at a net margin of 2.9%. Revenue grew 5.8% year over year. It earns a return on equity of 5.0%. Net debt stands at 120B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 4,300 KRW (bear case) to 7,167 KRW (bull case); at 4,675 KRW, the current price sits within 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 45% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 23%, 006880 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 7,307 KRW 7,141 KRW 6,179 KRW 76
P/E Multiple 5,312 KRW 7,083 KRW 8,853 KRW 63
P/B Multiple 4,300 KRW 5,733 KRW 7,167 KRW 55
All 6 models by family
DCF Models
Owner Earnings 881.11 KRW 2,547 KRW 5,632 KRW 31
Earnings-Based
Graham-Dodd 2,293 KRW 2,803 KRW 3,153 KRW 54
Multiples
P/E Multiple 5,312 KRW 7,083 KRW 8,853 KRW 63
P/B Multiple 4,300 KRW 5,733 KRW 7,167 KRW 55
Asset-Based
NCAV (Graham) 4,991 KRW 6,688 KRW 9,983 KRW 50
Economic Profit
Residual Income 7,307 KRW 7,141 KRW 6,179 KRW 76

Widest divergence: Economic Profit (7,141 KRW) versus DCF Models (2,547 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 190B KRW
Revenue growth (YoY) +5.8%
Net margin 2.9%
Return on equity 5.0%
Free cash flow −11.3B KRW FY2025
Operating margin 6.0%
More key figures
Dividend yield 2.5%
EPS growth (YoY) +209%
Net debt 120B KRW FY2025

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

Quality Score breakdown

Overall quality 43/100

Of which business quality 38 · Market factors (momentum, volatility) 25

Profitability 27
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 23
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 6
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

Singsong Holdings Co.,Ltd., through its subsidiaries, produces and sells starch products in South Korea. The company manufactures and sales raw and food materials, and consumer products; and trades in staple crop, such as rice and soyabeans, and livestock. The company was formerly known as Shinsong Industrial Holdings Co., Ltd.

Full company description

Singsong Holdings Co.,Ltd., through its subsidiaries, produces and sells starch products in South Korea. The company manufactures and sales raw and food materials, and consumer products; and trades in staple crop, such as rice and soyabeans, and livestock. The company was formerly known as Shinsong Industrial Holdings Co., Ltd. and changed its name to Singsong Holdings Co.,Ltd. in May 2010. Singsong Holdings Co.,Ltd. and founded in 1970 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

Singsong Holdings reported revenue of 188B KRW in FY2025 versus 186B KRW in FY2021, a compound +0.2%/yr. Reported net income was 3.6B KRW in FY2025, compounding −16.3%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
188B KRW
Latest YoY
+14.1%
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.
−3.6%
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.
−1.8%
Avg. growth/yr (12Y) 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%
Revenue +0.2%/yr
FY21 186B KRW
FY22 209B KRW
FY23 193B KRW
FY24 165B KRW
FY25 188B KRW
Net income −16.3%/yr
FY21 7.4B KRW
FY22 1.5B KRW
FY23 8.8B KRW
FY24 5.4B KRW
FY25 3.6B KRW

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Cite: Fair Value Calculator (2026). "Singsong Holdings Fair Value". https://www.fairvalue-calculator.com/stock/006880

Peer Group

Conglomerates · 369 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 43 · Below median
Fair Value upside +23% · Above median
Return on equity (TTM) 5% · Below median
Return on assets 3% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 6% · Above median
Revenue growth 6% · Above median
Dividend yield (TTM) 2.5% · Above median
Debt / equity 0.38× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

EV/EBITDA 2.6× · 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 63 · sector 20
FUTURE 29 · sector 16
PAST 20 · sector 20
HEALTH 81 · sector 88
DIVIDEND 51 · 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.

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Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
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Frequently asked questions

Is Singsong Holdings (006880) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 5,733 KRW versus a price of 4,675 KRW, about +23% (undervalued).
What is the fair value of 006880?
Our model-based fair value for Singsong Holdings is 5,733 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 4,675 KRW.
What is the quality score of 006880?
Singsong Holdings has a Quality Score of 43/100. 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 Singsong Holdings (006880)?
Singsong Holdings reported trailing-twelve-month revenue of about 190B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 006880?
The net profit margin of Singsong Holdings is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. Based on the latest reported figures.
Does Singsong Holdings pay a dividend?
Singsong Holdings currently shows a dividend yield of about 2.31% 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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