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Hy-Lok Corporation (013030) Fair Value & Analysis

Industrials · KR · Market cap 365B KRW

HL Hy-Lok Corporation 013030 · KQ
Price34,900 KRW
Fair Value77,883 KRW
Upside+123.2%
Quality77/100
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Healthy Growth
Highly profitable · 24.5% net margin
Low debt · generates free cash flow
4.43% dividend yield
Ranks above peers (10/10)
Wide moat 73/100
Evidence: High Range 57,134 KRW – 103,258 KRW Share as image

Fair value as of: Jul 22, 2026

From 23 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 78,011 KRW to 77,883 KRW (−0.2%) since Jun 25, 2026. Share price +10.3% over the past month.

A strong business, screening 123% undervalued on our models.

What matters now

  • The rarer combination: high quality (77/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (57,134 KRW). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (57,134 KRW to 103,258 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

46,150 KRW 12,183 KRW Fair Value 77,883 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 12,183 KRW – 46,150 KRW · fair‑value band 57,134 KRW – 103,258 KRW · the 34,900 KRW price screens below the 77,883 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

Hy-Lok Corporation (013030) currently trades at 34,900 KRW, while our model-based Fair Value estimate is 77,883 KRW, implying the stock looks roughly 123.2% undervalued today. The Quality Score stands at 77/100 (high 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: high), always confirm before acting.

Over the trailing twelve months, Hy-Lok Corporation generated revenue of 220B KRW at a net margin of 24.5%. Revenue grew 10.4% year over year. It earns a return on equity of 12.3%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 57,134 KRW (bear case) to 103,258 KRW (bull case); at 34,900 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 27% below its 52-week high and 28% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 123%, 013030 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 52,716 KRW 68,091 KRW 90,069 KRW 80
Residual Income 35,461 KRW 41,333 KRW 80,102 KRW 76
Rev-Margin DCF 42,575 KRW 54,790 KRW 67,863 KRW 74
All 23 models by family
DCF Models
FCF DCF 51,476 KRW 67,757 KRW 91,965 KRW 38
Owner Earnings 58,550 KRW 78,099 KRW 107,168 KRW 31
5Y Revenue Exit 42,575 KRW 54,303 KRW 68,514 KRW 39
5Y EBITDA Exit 58,403 KRW 82,269 KRW 108,794 KRW 41
5Y P/E Exit 66,798 KRW 97,102 KRW 127,159 KRW 38
10Y Revenue Exit 44,801 KRW 55,996 KRW 69,432 KRW 36
10Y EBITDA Exit 55,578 KRW 75,269 KRW 99,287 KRW 37
10Y P/E Exit 60,931 KRW 85,491 KRW 112,898 KRW 35
Earnings-Based
Graham-Dodd 29,059 KRW 65,184 KRW 83,344 KRW 54
PEG = 1.0 10,619 KRW 15,171 KRW 19,722 KRW 46
EPV 56,771 KRW 63,922 KRW 70,278 KRW 59
Multiples
P/E Multiple 67,306 KRW 89,741 KRW 112,177 KRW 63
P/S Multiple 27,349 KRW 36,466 KRW 45,582 KRW 58
P/B Multiple 54,486 KRW 72,648 KRW 90,810 KRW 55
EV/EBIT 80,075 KRW 101,351 KRW 122,626 KRW 53
EV/EBITDA 68,760 KRW 86,264 KRW 103,767 KRW 54
EV/Revenue 39,223 KRW 49,068 KRW 58,914 KRW 43
Asset-Based
NCAV (Graham) 19,305 KRW 25,868 KRW 38,609 KRW 50
Growth DCF
Growth DCF 52,716 KRW 68,091 KRW 90,069 KRW 80
Rev-Margin DCF 42,575 KRW 54,790 KRW 67,863 KRW 74
Economic Profit
Residual Income 35,461 KRW 41,333 KRW 80,102 KRW 76
ROIC Compounder 58,431 KRW 68,487 KRW 79,583 KRW 72
Growth Earnings
Growth-Adj P/E 50,281 KRW 71,830 KRW 93,379 KRW 68

Widest divergence: DCF Models (75,269 KRW) versus Asset-Based (25,868 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 220B KRW
Revenue growth (YoY) +10.4%
Net margin 24.5%
Return on equity 12.3%
Free cash flow 37.2B KRW FY2025
Operating margin 29.0%
More key figures
Dividend yield 4.4%
EPS growth (YoY) +36.9%

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

Quality Score breakdown

Overall quality 77/100

Of which business quality 74 · Market factors (momentum, volatility) 46

Profitability 52
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 48
Distance to the 52-week high (market factor)
Net Issuance 100
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

Hy-Lok Corporation operates in the fluid and control system industry worldwide. It offers fittings, including tube, high pressure, RS, hose, clean, o-ring face seal, instrument thread and weld, and pipe fittings, as well as quick connectors, flanges, pre-insulated tubing, and Teflon flexible hose.

Full company description

Hy-Lok Corporation operates in the fluid and control system industry worldwide. It offers fittings, including tube, high pressure, RS, hose, clean, o-ring face seal, instrument thread and weld, and pipe fittings, as well as quick connectors, flanges, pre-insulated tubing, and Teflon flexible hose. The company also provides needle, manifold, ball and plug, high pressure, double block and bleed, cryogenic, check and relief, and bellow and diaphragm valves; CNG products; regulators; and filters. In addition, it offers package solutions, such as air piping modules, air manifolds, instrument cabinets, and sampling systems. It serves on/offshore, LNG, chemical and petrochemical, power plant, rolling stock, CNG, machinery, semiconductor, aerospace, defense, etc. industries. The company was formerly known as HyupDong Metal, Ltd. Co and changed its name to Hy-Lok Corporation in July 2000. Hy-Lok Corporation was founded in 1977 and is headquartered in Busan, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hy-Lok Corporation reported revenue of 215B KRW in FY2025 versus 147B KRW in FY2021, a compound +10.0%/yr. Reported net income was 50.3B KRW in FY2025, compounding +26.8%/yr from FY2021.

Growth Quality 89/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
215B KRW
Latest YoY
+12.6%
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.
+5.5%
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.
+9.2%
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.
+2.8%
Revenue +10.0%/yr
FY21 147B KRW
FY22 183B KRW
FY23 189B KRW
FY24 191B KRW
FY25 215B KRW
Net income +26.8%/yr
FY21 19.5B KRW
FY22 33.9B KRW
FY23 47.3B KRW
FY24 47.5B KRW
FY25 50.3B KRW

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Cite: Fair Value Calculator (2026). "Hy-Lok Corporation Fair Value". https://www.fairvalue-calculator.com/stock/013030

Peer Group

Specialty Industrial Machinery · 808 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 77 · Top 25%
Fair Value upside +123% · Top 25%
Return on equity (TTM) 12% · Above median
Return on assets 8% · Top 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 29% · Top 25%
Revenue growth 10% · Above median
Dividend yield (TTM) 4.4% · Top 25%

Valuation Multiples vs Specialty Industrial Machinery 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 100 · sector 0
FUTURE 52 · sector 23
PAST 49 · sector 28
HEALTH 100 · sector 96
DIVIDEND 89 · sector 24

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Hy-Lok Corporation (013030) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 77,883 KRW versus a price of 34,900 KRW, about +123% (undervalued).
What is the fair value of 013030?
Our model-based fair value for Hy-Lok Corporation is 77,883 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 34,900 KRW.
What is the quality score of 013030?
Hy-Lok Corporation has a Quality Score of 77/100. 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 Hy-Lok Corporation (013030)?
Hy-Lok Corporation reported trailing-twelve-month revenue of about 220B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 013030?
The net profit margin of Hy-Lok Corporation is about 24.5%, meaning it keeps roughly 24.5% of revenue as net income. Based on the latest reported figures.
Does Hy-Lok Corporation pay a dividend?
Hy-Lok Corporation currently shows a dividend yield of about 4.07% 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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