HDC Holdings Co Ltd (012630) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of HDC Holdings Co Ltd stock KRW 59,730, price KRW 19,910, upside +200.0%, quality 58 out of 100. Rating: strongly undervalued. 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. As of Nov 5, 2026.
How to read this chart
60‑month range 4,751 KRW – 29,675 KRW · fair‑value band 37,546 KRW – 80,929 KRW · the 19,910 KRW price screens below the 59,730 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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HDC HOLDINGS CO.,Ltd engages in real estate development and construction activities in South Korea.
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Its portfolio includes high-rise buildings, roads, bridges, ports, plants, small and medium-sized houses, commercial districts and parking lot sites, hotels, and shopping malls, as well as operates a duty-free shop.
The company also offers facility management services, such as building management, cleaning, parking/security, and general affairs/clerical support; real estate asset management service comprising operation, leasing, building management, and management consulting services.
In addition, it engages in interior, remodeling, and landscaping services; and operates special care facility for the elderly people. Further, the company is involved in the petrochemical business; production of precast concrete; manufacture of pianos; and operation of the professional football club.
HDC HOLDINGS CO.,Ltd was founded in 1976 and is based in Seoul, South Korea.
Stock analysis
HDC Holdings Co Ltd (012630) currently trades at 19,910 KRW, while our model-based Fair Value estimate is 59,730 KRW, implying the stock looks roughly 67% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 128,461 KRW per share, and 23 of the 26 models we run sit above the 19,910 KRW price.
Bear case: the Asset-Based group reads lowest at 38,853 KRW, and 3 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 37,546 KRW (bear) to 80,929 KRW (bull), the price of 19,910 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 58/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
HDC Holdings Co Ltd reported revenue of 6.6T KRW in FY2025 versus 4.8T KRW in FY2021, a compound +8.3%/yr. Reported net income was 301B KRW in FY2025, compounding +27.6%/yr from FY2021.
Key figures
Market cap 986B KRW (≈ $729M) Small · P/E ratio 2.2 · P/S ratio 0.23 · EPS (TTM) 8,904 KRW · Dividend yield 2.3% · Net margin 7.4% · Return on equity 10.4% · Return on assets (EBIT) 3.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 44 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 27% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at 200%, 012630 screens cheaper than that median.
Fair Value models
Bear37,546 KRWFair Value 59,730 KRWBull80,929 KRW
Price 19,910 KRW · Upside +200.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (7,250 KRW per share) are deliberately not added.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.Coverage ⓘCoverage = 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.78/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+6.2%
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.
+9.3%
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.
+10.8%
Start year 2020 (pandemic)
Revenue growth 7 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.
+23.0%
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What shareholders gained per year (last 5 years), in KRW (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
≈ +21.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +19.1%
Dividend (yield on the price)2.3%
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.base effect: 24.1% / −4.8%
Profit margin 2019 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.8% → 10%
2025 sits 138% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 2069 per share, median 9993 in 2016 to 2018). It measures the recovery from the trough, not lasting growth.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+3.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +0.9% a year for the price.
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.Engineering & Construction · 791 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (12 months)10.4% · Above median
Return on assets3.3% · Above median
Net margin (12 months)10.2% · Top 25%
Operating margin (12 months)15.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−16.4% · Bottom 25%
Dividend yield (12 months)2.3% · Above median
Balance sheet
Debt / equity0.68× · Highest 25%
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
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). "HDC Holdings Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/012630
Frequently asked questions
Is HDC Holdings Co Ltd (012630) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 59,730 KRW versus a price of 19,910 KRW, about +200% upside (undervalued).
What is the fair value of 012630?
Our model-based fair value for HDC Holdings Co Ltd is 59,730 KRW (as of Nov 5, 2026), built from audited fundamentals. The current price: 19,910 KRW.
What is the quality score of 012630?
HDC Holdings Co Ltd has a Quality Score of 58/100. 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 HDC Holdings Co Ltd (012630)?
Our model-based price target is the fair value of 59,730 KRW (as of Nov 5, 2026) from 26 valuation models. Cautious scenario 37,546 KRW, optimistic scenario 80,929 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the HDC Holdings Co Ltd stock forecast for 2026?
Our models put fair value at 59,730 KRW, about +200% upside versus a price of 19,910 KRW (undervalued). Cautious scenario 37,546 KRW, optimistic scenario 80,929 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of HDC Holdings Co Ltd (012630)?
HDC Holdings Co Ltd reported trailing-twelve-month revenue of about 6.0T KRW (latest available figure, as of Nov 5, 2026).
Does HDC Holdings Co Ltd pay a dividend?
HDC Holdings Co Ltd currently shows a dividend yield of 2.26% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of HDC Holdings Co Ltd (012630) and when is the ex-dividend date?
HDC Holdings Co Ltd pays a dividend of 450.00 KRW per share a year, a dividend yield of 2.3%. The last ex-dividend date was Mar 30, 2026. The payout ratio is 5.1% of earnings. Free cash flow covers the dividend 12.76 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into HDC Holdings Co Ltd (012630)?
For today's price to be fair in a discounted-cash-flow model, HDC Holdings Co Ltd would have to grow free cash flow by +3.0 % per year for five years (discount rate 10.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.8 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 012630 use?
Our models discount HDC Holdings Co Ltd at 10.2 %: a base by market capitalisation (small), damped by beta 0.23, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For HDC Holdings Co Ltd that is +3.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.2 %) and the same formula as our fair value.
How much growth has HDC Holdings Co Ltd (012630) delivered so far?
Over the past 5 years revenue at HDC Holdings Co Ltd grew +10.8 % a year. The price currently implies free-cash-flow growth of +3.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of HDC Holdings Co Ltd (012630) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into HDC Holdings Co Ltd (+3.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of HDC Holdings Co Ltd (012630)?
The free-cash-flow yield on the price is 28.84 %: that much free cash flow HDC Holdings Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of HDC Holdings Co Ltd (012630)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For HDC Holdings Co Ltd it is 59,730 KRW per share (as of Nov 5, 2026), against a price of 19,910 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is HDC Holdings Co Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 012630 trades below its calculated fair value: price 19,910 KRW, fair value 59,730 KRW, a gap of about +200% (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 012630?
No. The price is what the market pays today (19,910 KRW); the fair value is what the company's own numbers justify (59,730 KRW). For HDC Holdings Co Ltd the two are 39,820 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is HDC Holdings Co Ltd worth?
The market values HDC Holdings Co Ltd at about 986B KRW (market capitalisation, as of Nov 5, 2026). Per share that is 19,910 KRW; our models calculate a fair value of 59,730 KRW per share.
What do the bullish and bearish scenarios say about 012630?
Our models span a range for HDC Holdings Co Ltd: cautious scenario 37,546 KRW, base 59,730 KRW, optimistic 80,929 KRW per share (as of Nov 5, 2026, price 19,910 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 012630?
HDC Holdings Co Ltd trades at a price-to-earnings ratio of 2.2 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 59,730 KRW is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2018 to 2025), reported earnings: 3.2. Other multiples: P/B 0.3, P/S 0.2, EV/EBITDA 2.6.
How solid is the balance sheet of HDC Holdings Co Ltd (012630)?
Balance-sheet figures for HDC Holdings Co Ltd (as of Nov 5, 2026): return on equity 10.4%, debt of 0.68 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 012630 from its 52-week high?
HDC Holdings Co Ltd trades at 19,910 KRW, about 33% below its 52-week high of 29,675 KRW and 27% above the low of 15,738 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 59,730 KRW is for.
Which stocks are comparable to HDC Holdings Co Ltd?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, 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 HDC Holdings Co Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price 19,910 KRW, calculated fair value 59,730 KRW (+200%), Quality Score 58/100, from 26 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 012630 calculated?
We run HDC Holdings Co Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 59,730 KRW builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. HDC Holdings Co Ltd currently trades 67% 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 HDC Holdings Co Ltd (012630)?
The closing price on Nov 6, 2026 was 19,910 KRW. Our model-based fair value is 59,730 KRW, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with HDC Holdings Co Ltd right now?
The price is below even our cautious bear case (37,546 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. Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (37,546 KRW to 80,929 KRW) leaves room in how you read the outcome.
Key figures of HDC Holdings Co Ltd
How large is the market capitalisation of HDC Holdings Co Ltd (012630)?
The market capitalisation of HDC Holdings Co Ltd is 986B KRW (≈ $729M). 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 HDC Holdings Co Ltd (012630)?
The price-to-sales ratio of HDC Holdings Co Ltd is 0.23 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of HDC Holdings Co Ltd (012630)?
Earnings per share at HDC Holdings Co Ltd are 8,904 KRW (price ÷ EPS = P/E 2.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of HDC Holdings Co Ltd (012630)?
The dividend yield of HDC Holdings Co Ltd is 2.3% (payout 5.1%). 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 HDC Holdings Co Ltd (012630)?
The net margin of HDC Holdings Co Ltd is 7.4% (last twelve months). 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 HDC Holdings Co Ltd (012630)?
The return on equity (ROE) of HDC Holdings Co Ltd is 10.4% (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 HDC Holdings Co Ltd (012630)?
On an EBIT basis the return on assets of HDC Holdings Co Ltd is 3.1% (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 HDC Holdings Co Ltd (012630)?
The operating margin of HDC Holdings Co Ltd is 15.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at HDC Holdings Co Ltd (012630)?
Revenue at HDC Holdings Co Ltd is growing −16.4% versus a year earlier (3y avg +9.3%). 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 HDC Holdings Co Ltd (012630)?
Earnings per share at HDC Holdings Co Ltd are growing +234% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does HDC Holdings Co Ltd (012630) carry?
The net debt of HDC Holdings Co Ltd is 2.8T KRW (fiscal year 2025, ≈ 9.7 yrs of FCF). 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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Thin data
Nov 5, 2026