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Motonic Corporation (009680) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 211B KRW

MC Motonic Corporation 009680 · KO
Price10,200 KRW
Fair Value13,888 KRW
Upside+36.2%
Quality66/100
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Mixed Growth
Thin margins · 9.2% net margin
Low debt · generates free cash flow
8.22% dividend yield
Ranks above peers (6/10)
Narrow moat 40/100
Evidence: High Range 10,563 KRW – 15,190 KRW Share as image

Fair value as of: Jul 22, 2026

From 22 valuation models · updated 20 days ago

Fair value updated Jul 22, 2026, revised from 19,092 KRW to 13,888 KRW (−27.3%) since Jun 25, 2026. Share price +3.8% over the past month.

A solid business, screening 36% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (10,563 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (66/100) 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)

11,450 KRW 5,758 KRW Fair Value 13,888 KRW Feb 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 5,758 KRW – 11,450 KRW · fair‑value band 10,563 KRW – 15,190 KRW · the 10,200 KRW price screens below the 13,888 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

Motonic Corporation (009680) currently trades at 10,200 KRW, while our model-based Fair Value estimate is 13,888 KRW, implying the stock looks roughly 36.2% undervalued today. The Quality Score stands at 66/100 (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: high), always confirm before acting.

Over the trailing twelve months, Motonic Corporation generated revenue of 277B KRW at a net margin of 9.2%. Revenue declined 4.3% year over year. It earns a return on equity of 5.5%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 10,563 KRW (bear case) to 15,190 KRW (bull case); at 10,200 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 15% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 36%, 009680 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 26,832 KRW 36,226 KRW 53,808 KRW 80
Residual Income 17,675 KRW 18,198 KRW 18,382 KRW 76
Rev-Margin DCF 14,842 KRW 19,193 KRW 24,936 KRW 74
All 22 models by family
DCF Models
FCF DCF 25,688 KRW 35,212 KRW 54,628 KRW 38
Owner Earnings 14,246 KRW 19,300 KRW 29,604 KRW 31
5Y Revenue Exit 14,842 KRW 18,654 KRW 24,353 KRW 39
5Y EBITDA Exit 15,778 KRW 20,251 KRW 26,388 KRW 41
5Y P/E Exit 21,457 KRW 29,944 KRW 40,396 KRW 38
10Y Revenue Exit 18,472 KRW 22,206 KRW 26,123 KRW 36
10Y EBITDA Exit 19,281 KRW 23,263 KRW 27,429 KRW 37
10Y P/E Exit 22,833 KRW 29,671 KRW 36,419 KRW 35
Earnings-Based
Graham-Dodd 8,487 KRW 12,765 KRW 15,168 KRW 54
EPV 6,582 KRW 7,513 KRW 8,341 KRW 59
Multiples
P/E Multiple 20,594 KRW 27,458 KRW 34,323 KRW 63
P/S Multiple 11,636 KRW 15,515 KRW 19,394 KRW 58
P/B Multiple 15,913 KRW 21,218 KRW 26,522 KRW 55
EV/EBIT 13,049 KRW 16,962 KRW 20,876 KRW 53
EV/EBITDA 11,501 KRW 14,899 KRW 18,297 KRW 54
EV/Revenue 9,222 KRW 12,614 KRW 16,006 KRW 43
Asset-Based
NCAV (Graham) 11,159 KRW 14,954 KRW 22,319 KRW 50
Growth DCF
Growth DCF 26,832 KRW 36,226 KRW 53,808 KRW 80
Rev-Margin DCF 14,842 KRW 19,193 KRW 24,936 KRW 74
Economic Profit
Residual Income 17,675 KRW 18,198 KRW 18,382 KRW 76
ROIC Compounder 6,582 KRW 7,513 KRW 8,341 KRW 72
Growth Earnings
Growth-Adj P/E 14,517 KRW 20,739 KRW 26,960 KRW 68

Widest divergence: DCF Models (22,206 KRW) versus Earnings-Based (7,513 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 277B KRW
Revenue growth (YoY) -4.3%
Net margin 9.2%
Return on equity 5.5%
Free cash flow 50.4B KRW FY2025
Operating margin 6.4%
More key figures
Dividend yield 8.2%
EPS growth (YoY) -20.7%

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 67 · Market factors (momentum, volatility) 55

Profitability 33
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 40
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

Motonic Corporation manufactures and sells automotive components worldwide. The company offers high pressure regulators, receptacle, and manifolds; LPDI high-pressure fuel pumps, and low-pressure fuel pumps and drivers; LPI systems comprising pump modules, injection modules, regulators, and drivers; oil pump control units and fuel pump controllers; and …

Full company description

Motonic Corporation manufactures and sells automotive components worldwide. The company offers high pressure regulators, receptacle, and manifolds; LPDI high-pressure fuel pumps, and low-pressure fuel pumps and drivers; LPI systems comprising pump modules, injection modules, regulators, and drivers; oil pump control units and fuel pump controllers; and variable valve lifts. It also provides electronic-cylinder deactivation actuators and electronic-variable valve lifts; aluminum alloy, stainless steel, plastic, and high pressure rails; oil pumps; GDI high-pressure fuel pumps; EGR valves; and air induction components comprising intake manifolds, throttle bodies, and air control valves. In addition, the company offers LPG bi-fuel systems, including regulators, cut-off solenoids, ECUs, and injectors; rocker arms; and gas filters, switch and level gauges, waste gate actuators, control units, piston clutches, and LPG mixer systems. The company was formerly known as Changwon Carburetor Ind. Co., Ltd. and changed its name to Motonic Corporation in March 2002. Motonic Corporation was founded in 1974 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

Motonic Corporation reported revenue of 280B KRW in FY2025 versus 196B KRW in FY2021, a compound +9.3%/yr. Reported net income was 27.0B KRW in FY2025, compounding +22.6%/yr from FY2021.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
280B 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.
+7.7%
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.
+9.4%
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.
+1.1%
Revenue +9.3%/yr
FY21 196B KRW
FY22 224B KRW
FY23 244B KRW
FY24 291B KRW
FY25 280B KRW
Net income +22.6%/yr
FY21 12.0B KRW
FY22 21.5B KRW
FY23 27.5B KRW
FY24 32.4B KRW
FY25 27.0B KRW

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Cite: Fair Value Calculator (2026). "Motonic Corporation Fair Value". https://www.fairvalue-calculator.com/stock/009680

Peer Group

Auto Parts · 642 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 66 · Top 25%
Fair Value upside +36% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 2% · Below median
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 6% · Below median
Revenue growth -4% · Below median
Dividend yield (TTM) 8.2% · Top 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Auto Parts 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 82 · sector 16
FUTURE 0 · sector 24
PAST 22 · sector 26
HEALTH 100 · sector 95
DIVIDEND 100 · sector 30

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

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is Motonic Corporation (009680) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 13,888 KRW versus a price of 10,200 KRW, about +36% (undervalued).
What is the fair value of 009680?
Our model-based fair value for Motonic Corporation is 13,888 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 10,200 KRW.
What is the quality score of 009680?
Motonic Corporation has a Quality Score of 66/100. 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 Motonic Corporation (009680)?
Motonic Corporation reported trailing-twelve-month revenue of about 277B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 009680?
The net profit margin of Motonic Corporation is about 9.2%, meaning it keeps roughly 9.2% of revenue as net income. Based on the latest reported figures.
Does Motonic Corporation pay a dividend?
Motonic Corporation currently shows a dividend yield of about 7.95% 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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