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Taekyung Chemical Co (006890) Fair Value & Analysis

Utilities · KR · Market cap 63.6B KRW

TC Taekyung Chemical Co 006890 · KO
Price5,740 KRW
Fair Value11,839 KRW
Upside+106.3%
Quality41/100
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Expensive Growth
Solidly profitable · 13.8% net margin
Low debt · negative free cash flow
3.33% dividend yield
Mixed vs. peers (4/10)
Narrow moat 35/100
Evidence: Medium Range 9,840 KRW – 11,839 KRW Share as image

Fair value as of: Jul 24, 2026

From 10 valuation models · updated 18 days ago

Share price −0.9% over the past month.

Below-average quality, screening 106% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (9,840 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

19,345 KRW 5,100 KRW Fair Value 11,839 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 5,100 KRW – 19,345 KRW · fair‑value band 9,840 KRW – 11,839 KRW · the 5,740 KRW price screens below the 11,839 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

Taekyung Chemical Co (006890) currently trades at 5,740 KRW, while our model-based Fair Value estimate is 11,839 KRW, implying the stock looks roughly 106.3% undervalued today. The Quality Score stands at 41/100 (below-average quality), in the Utilities 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, Taekyung Chemical Co generated revenue of 59.5B KRW at a net margin of 13.8%. Revenue declined 11.5% year over year. It earns a return on equity of 4.9%. Net debt stands at 30.0B KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 9,840 KRW (bear case) to 11,839 KRW (bull case); at 5,740 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 51% below its 52-week high, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -19% fair-value upside, at 106%, 006890 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 11,695 KRW 11,839 KRW 11,377 KRW 76
Growth-Adj P/E 7,010 KRW 10,014 KRW 13,018 KRW 68
P/E Multiple 9,840 KRW 13,120 KRW 16,400 KRW 63
All 10 models by family
Earnings-Based
Graham-Dodd 5,248 KRW 8,799 KRW 10,703 KRW 54
Multiples
P/E Multiple 9,840 KRW 13,120 KRW 16,400 KRW 63
P/S Multiple 6,089 KRW 8,119 KRW 10,149 KRW 58
P/B Multiple 9,840 KRW 13,120 KRW 16,400 KRW 55
EV/EBIT 539.65 KRW 53
EV/EBITDA 367.57 KRW 1,372 KRW 2,377 KRW 54
EV/Revenue 430.42 KRW 43
Asset-Based
NCAV (Graham) 7,612 KRW 10,201 KRW 15,225 KRW 50
Economic Profit
Residual Income 11,695 KRW 11,839 KRW 11,377 KRW 76
Growth Earnings
Growth-Adj P/E 7,010 KRW 10,014 KRW 13,018 KRW 68

Widest divergence: Economic Profit (11,839 KRW) versus Multiples (8,119 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 59.5B KRW
Revenue growth (YoY) -11.5%
Net margin 13.8%
Return on equity 4.9%
Free cash flow −7.8B KRW FY2025
Operating margin -4.7%
More key figures
Dividend yield 2.8%
EPS growth (YoY) -24.7%
Net debt 30.0B KRW FY2025

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 42 · Market factors (momentum, volatility) 23

Profitability 31
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 4
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

Taekyung Chemical Co., Ltd. manufactures and sells liquid and solid carbon dioxide and dry ice in Korea. The company offers magnesium hydroxide, ethylene, liquid oxygen, liquid nitrogen, and argon.

Full company description

Taekyung Chemical Co., Ltd. manufactures and sells liquid and solid carbon dioxide and dry ice in Korea. The company offers magnesium hydroxide, ethylene, liquid oxygen, liquid nitrogen, and argon. Its products are primarily used in industry, food and beverage, medicine, fresh food delivery, quick freezing, cooling, blast cleaning, food preservation, deflashing, cryogenic grinding, welding, desulfurization, and neutralization, as well as fog effect for event. The company was formerly known as Daeduk Industry Co., Ltd. and changed its name to Taekyung Chemical Co., Ltd. in 2000. Taekyung Chemical Co., Ltd. was 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

Taekyung Chemical Co reported revenue of 61.3B KRW in FY2025 versus 54.1B KRW in FY2021, a compound +3.2%/yr. Reported net income was 8.7B KRW in FY2025, compounding −5.4%/yr from FY2021.

Growth Quality 31/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
61.3B KRW
Latest YoY
−13.7%
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.
+1.0%
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.
+5.4%
Avg. growth/yr (14Y) 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.
+1.0%
Revenue +3.2%/yr
FY21 54.1B KRW
FY22 59.6B KRW
FY23 70.7B KRW
FY24 71.1B KRW
FY25 61.3B KRW
Net income −5.4%/yr
FY21 10.9B KRW
FY22 8.9B KRW
FY23 17.4B KRW
FY24 12.6B KRW
FY25 8.7B KRW

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Cite: Fair Value Calculator (2026). "Taekyung Chemical Co Fair Value". https://www.fairvalue-calculator.com/stock/006890

Peer Group

Utilities - Regulated Gas · 104 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 41 · Bottom 25%
Fair Value upside +106% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 0% · Bottom 25%
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth -12% · Bottom 25%
Dividend yield (TTM) 3.3% · Above median
Debt / equity 0.23× · Lower than median

Valuation Multiples vs Utilities - Regulated Gas median · lower = cheaper

EV/EBITDA 10.4× · Pricier 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 22
FUTURE 0 · sector 0
PAST 20 · sector 34
HEALTH 88 · sector 85
DIVIDEND 67 · sector 67

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 Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
Naturgy Energy Group NTGY €28.84 €35.80 +24%
Atmos Energy Corporation ATO $177.68 $85.67 -52%
NiSource Inc NI $47.07 $28.59 -39%
Uniper SE UN0 €42.80 €49.13 +15%
The Hong Kong and China Gas Company 0003 HK$7.03 HK$5.08 -28%
Italgas S.p.A IG €9.98 €8.11 -19%
GAIL (India) Limited GAIL ₹171.71 ₹147.74 -14%
Adani Total Gas Limited ATGL ₹723.90 ₹101.36 -86%
ENN Natural Gas Co 600803 ¥17.30 ¥25.71 +49%
UGI Corporation UGI $35.84 $27.13 -24%

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Frequently asked questions

Is Taekyung Chemical Co (006890) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 11,839 KRW versus a price of 5,740 KRW, about +106% (undervalued).
What is the fair value of 006890?
Our model-based fair value for Taekyung Chemical Co is 11,839 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 5,740 KRW.
What is the quality score of 006890?
Taekyung Chemical Co has a Quality Score of 41/100. 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 Taekyung Chemical Co (006890)?
Taekyung Chemical Co reported trailing-twelve-month revenue of about 59.5B KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 006890?
The net profit margin of Taekyung Chemical Co is about 13.8%, meaning it keeps roughly 13.8% of revenue as net income. Based on the latest reported figures.
Does Taekyung Chemical Co pay a dividend?
Taekyung Chemical Co currently shows a dividend yield of about 2.79% 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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