Ni Steel (008260) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Ni Steel KRW 7,062, price KRW 3,325, upside +112.4%, quality 40 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 2,674 KRW – 7,473 KRW · fair‑value band 5,328 KRW – 9,180 KRW · the 3,325 KRW price screens below the 7,062 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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N.I Steel Co., Ltd. produces and sells steel products in South Korea. The company offers ACT column, ACT pile, AU beam, HyFo beam, D column, and TH beam; D deck and N neck; curtain walls; and sheet piles. It is also involved in selling and renting of construction equipment, and construction industry.
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N.I Steel Co., Ltd. produces and sells steel products in South Korea. The company offers ACT column, ACT pile, AU beam, HyFo beam, D column, and TH beam; D deck and N neck; curtain walls; and sheet piles. It is also involved in selling and renting of construction equipment, and construction industry. The company was formerly known as N.I TECH Co., Ltd and changed its name to N.I Steel Co., Ltd. in March 2007. N.I Steel Co., Ltd. was founded in 1972 and is headquartered in Seoul, South Korea.
Stock analysis
Ni Steel (008260) currently trades at 3,325 KRW, while our model-based Fair Value estimate is 7,062 KRW, implying the stock looks roughly 52.9% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 11,442 KRW per share, and 12 of the 13 models we run sit above the 3,325 KRW price.
Bear case: the Earnings-Based group reads lowest at 3,644 KRW, and 1 of the 13 models stay below the price. Evidence for this calculation is low.
Scenario range: 5,328 KRW (bear) to 9,180 KRW (bull), the price of 3,325 KRW sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 40/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Ni Steel reported revenue of 248B KRW in FY2025 versus 248B KRW in FY2021, a compound 0.0%/yr. Reported net income was 19.0B KRW in FY2025, compounding −3.7%/yr from FY2021.
Key figures
Market cap 93.7B KRW (≈ $69.7M) · P/S ratio 0.36 · Dividend yield 5.3% · Net margin 7.7% · Return on equity 6.9% · Return on assets (EBIT) 11.1% · Operating margin 10.4% · Revenue (TTM) 264B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 19% below its 52-week high and 19% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −45% fair-value upside, at 112%, 008260 screens cheaper than that median.
Fair Value models
Bear 5,328 KRWFair Value 7,062 KRWBull 9,180 KRW
Price 3,325 KRW · Upside +112.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.25/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−9.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−11.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.2%
Start year 2020 (pandemic). Over 10 years: +7.7% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.1%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+15.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.7%
Dividend (yield on the price)5.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.9.7% vs 6.5%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 12%
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Steel · 407 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Ni Steel Fair Value". https://www.fairvalue-calculator.com/stock/008260
Frequently asked questions
Is Ni Steel (008260) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 7,062 KRW versus a price of 3,325 KRW, about +112% upside (undervalued).
What is the fair value of 008260?
Our model-based fair value for Ni Steel is 7,062 KRW (as of Oct 2, 2026), built from audited fundamentals. The current price: 3,325 KRW.
What is the quality score of 008260?
Ni Steel has a Quality Score of 40/100. 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 price target for Ni Steel (008260)?
Our model-based price target is the fair value of 7,062 KRW (as of Oct 2, 2026) from 13 valuation models. Cautious scenario 5,328 KRW, optimistic scenario 9,180 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Ni Steel stock forecast for 2026?
Our models put fair value at 7,062 KRW, about +112% upside versus a price of 3,325 KRW (undervalued). Cautious scenario 5,328 KRW, optimistic scenario 9,180 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Ni Steel (008260)?
Ni Steel reported trailing-twelve-month revenue of about 264B KRW (latest available figure, as of Oct 2, 2026).
Does Ni Steel pay a dividend?
Ni Steel currently shows a dividend yield of about 5.26% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of Ni Steel (008260)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ni Steel it is 7,062 KRW per share (as of Oct 2, 2026), against a price of 3,325 KRW. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Ni Steel stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 008260 trades below its calculated fair value: price 3,325 KRW, fair value 7,062 KRW, a gap of about +112% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 008260?
No. The price is what the market pays today (3,325 KRW); the fair value is what the company's own numbers justify (7,062 KRW). For Ni Steel the two are 3,737 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Ni Steel worth?
The market values Ni Steel at about 93.7B KRW (market capitalisation, as of Oct 2, 2026). Per share that is 3,325 KRW; our models calculate a fair value of 7,062 KRW per share.
What do the bullish and bearish scenarios say about 008260?
Our models span a range for Ni Steel: cautious scenario 5,328 KRW, base 7,062 KRW, optimistic 9,180 KRW per share (as of Oct 2, 2026, price 3,325 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ni Steel (008260)?
Balance-sheet figures for Ni Steel (as of Oct 2, 2026): return on equity 6.9%, debt of 0.08 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is 008260 from its 52-week high?
Ni Steel trades at 3,325 KRW, about 19% below its 52-week high of 4,100 KRW and 19% above the low of 2,800 KRW (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 7,062 KRW is for.
Which stocks are comparable to Ni Steel?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ni Steel stock attractive at the current price?
The data as of Oct 2, 2026: price 3,325 KRW, calculated fair value 7,062 KRW (+112%), Quality Score 40/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 008260 calculated?
We run Ni Steel through 13 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 7,062 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. Ni Steel currently trades 53 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ni Steel (008260)?
The closing price on Oct 2, 2026 was 3,325 KRW. Our model-based fair value is 7,062 KRW, about +112% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ni Steel right now?
The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (5,328 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.
Key figures of Ni Steel
How large is the market capitalisation of Ni Steel (008260)?
The market capitalisation of Ni Steel is 93.7B KRW (≈ $69.7M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ni Steel (008260)?
The price-to-sales ratio of Ni Steel is 0.36 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Ni Steel (008260)?
The dividend yield of Ni Steel is 5.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ni Steel (008260)?
The net margin of Ni Steel is 7.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ni Steel (008260)?
The return on equity (ROE) of Ni Steel is 6.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ni Steel (008260)?
On an EBIT basis the return on assets of Ni Steel is 11.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ni Steel (008260)?
The operating margin of Ni Steel is 10.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ni Steel (008260)?
Revenue at Ni Steel is growing +21.0% versus a year earlier (3y avg −11.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ni Steel (008260)?
Earnings per share at Ni Steel are growing −8.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ni Steel (008260) generate?
The free cash flow of Ni Steel is −10.8B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Ni Steel (008260) carry?
The net debt of Ni Steel is 188B KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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