Gmb Korea (013870) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Gmb Korea stock KRW 9,128, price KRW 3,575, upside +155.3%, quality 46 out of 100. Rating: strongly undervalued. Calculated from audited financials with 16 of our 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 3, 2026.
How to read this chart
60‑month range 3,096 KRW – 6,231 KRW · fair‑value band 8,512 KRW – 13,254 KRW · the 3,575 KRW price screens below the 9,128 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 3, 2026.
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GMB Korea Corp. manufactures and sells automotive parts in South Korea and internationally.
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The company offers engine parts, including water pumps, viscous fan clutches, tensioner bearing assemblies, idler bearing assemblies, sockets, and oil pumps; and auto transmission parts, such as spool-valves, manual control shafts, hydraulic pressure pistons, pinion shafts/differential pins, and retainer-U/d brakes.
It also provides chassis parts comprising universal joints, tripod joints, steering joints, and cages; bearing parts consisting of ball, water pump, and clutch release bearings; and green energy parts, including electric water pumps, integrates thermal management modules, and valve pump modules.
The company was founded in 1979 and is headquartered in Changwon-si, South Korea.
Stock analysis
Gmb Korea (013870) currently trades at 3,575 KRW, while our model-based Fair Value estimate is 9,128 KRW, implying the stock looks roughly 61% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 14,666 KRW per share, and 16 of the 16 models we run sit above the 3,575 KRW price.
Bear case: the Dividend Discount group reads lowest at 4,213 KRW, and 0 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 8,512 KRW (bear) to 13,254 KRW (bull), the price of 3,575 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 46/100 (below-average quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Gmb Korea reported revenue of 787B KRW in FY2025 versus 531B KRW in FY2021, a compound +10.3%/yr. Reported net income was 14.5B KRW in FY2025, compounding +10.5%/yr from FY2021.
Key figures
Market cap 68.2B KRW (≈ $50.4M) Micro · P/E ratio 3.2 · P/S ratio 0.08 · EPS (TTM) 1,120 KRW · Dividend yield 7.0% · Net margin 2.6% · Return on equity 6.7% · Return on assets (EBIT) 2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (medium confidence).
What moves the price
The share trades about 36% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −23% fair-value upside, at 155%, 013870 screens cheaper than that median.
Fair Value models
Bear8,512 KRWFair Value 9,128 KRWBull13,254 KRW
Price 3,575 KRW · Upside +155.3%
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 (746.31 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.
Best data coverage
Residual Income11,605 KRW11,692 KRW12,372 KRW76
EPV11,323 KRW13,028 KRW14,510 KRW74
ROIC Compounder11,323 KRW13,028 KRW14,510 KRW72
All 16 models by family
Earnings-Based
Graham-Dodd5,183 KRW15,754 KRW20,902 KRW65
Lynch FV3,372 KRW4,817 KRW6,262 KRW61
PEG = 1.03,372 KRW4,817 KRW6,262 KRW57
EPV11,323 KRW13,028 KRW14,510 KRW74
Dividend Discount
Gordon GGM2,303 KRW4,689 KRW7,267 KRW66
DDM Multi-Stage2,303 KRW3,737 KRW4,936 KRW66
Multiples
P/E Multiple12,576 KRW16,767 KRW20,959 KRW63
P/S Multiple9,717 KRW12,957 KRW16,196 KRW58
P/B Multiple4,790 KRW6,387 KRW7,983 KRW55
EV/EBIT6,444 KRW12,159 KRW17,873 KRW63
EV/EBITDA15,425 KRW24,133 KRW32,841 KRW66
EV/Revenue856.65 KRW5,809 KRW10,762 KRW47
Asset-Based
NCAV (Graham)7,565 KRW10,137 KRW15,130 KRW54
Economic Profit
Residual Income11,605 KRW11,692 KRW12,372 KRW76
ROIC Compounder11,323 KRW13,028 KRW14,510 KRW72
Growth Earnings
Growth-Adj P/E10,266 KRW14,666 KRW19,066 KRW67
The fair value above starts from this blend and is adjusted for a cyclical peak year.
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.54/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.3%
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.
+8.8%
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.
+12.0%
Start year 2020 (pandemic). Over 10 years: +5.3% a year
Revenue growth 13 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.
+4.6%
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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.
+25.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+18.4%
Dividend (yield on the price)7.0%
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.18.4% vs −2.5%, 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.−2% → 3%
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.Auto Parts · 655 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside+155.3% · Top 25%
Profitability
Return on equity (12 months)6.7% · Below median
Return on assets2.1% · Below median
Net margin (12 months)2.6% · Below median
Operating margin (12 months)4.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)7.9% · Above median
Dividend yield (12 months)7.0% · Top 25%
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Auto Parts 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). "Gmb Korea Fair Value". https://www.fairvalue-calculator.com/stock/013870
Frequently asked questions
Is Gmb Korea (013870) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 9,128 KRW versus a price of 3,575 KRW, about +155% upside (undervalued).
What is the fair value of 013870?
Our model-based fair value for Gmb Korea is 9,128 KRW (as of Nov 3, 2026), built from audited fundamentals. The current price: 3,575 KRW.
What is the quality score of 013870?
Gmb Korea has a Quality Score of 46/100. 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 Gmb Korea (013870)?
Our model-based price target is the fair value of 9,128 KRW (as of Nov 3, 2026) from 16 valuation models. Cautious scenario 8,512 KRW, optimistic scenario 13,254 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Gmb Korea stock forecast for 2026?
Our models put fair value at 9,128 KRW, about +155% upside versus a price of 3,575 KRW (undervalued). Cautious scenario 8,512 KRW, optimistic scenario 13,254 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Gmb Korea (013870)?
Gmb Korea reported trailing-twelve-month revenue of about 824B KRW (latest available figure, as of Nov 3, 2026).
Does Gmb Korea pay a dividend?
Gmb Korea currently shows a dividend yield of 6.99% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Gmb Korea (013870) and when is the ex-dividend date?
Gmb Korea pays a dividend of 250.00 KRW per share a year, a dividend yield of 7.0%. The last ex-dividend date was Mar 26, 2026. The payout ratio is 22.3% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Gmb Korea (013870)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Gmb Korea it is 9,128 KRW per share (as of Nov 3, 2026), against a price of 3,575 KRW. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Gmb Korea stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 013870 trades below its calculated fair value: price 3,575 KRW, fair value 9,128 KRW, a gap of about +155% (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 013870?
No. The price is what the market pays today (3,575 KRW); the fair value is what the company's own numbers justify (9,128 KRW). For Gmb Korea the two are 5,553 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Gmb Korea worth?
The market values Gmb Korea at about 68.2B KRW (market capitalisation, as of Nov 3, 2026). Per share that is 3,575 KRW; our models calculate a fair value of 9,128 KRW per share.
What do the bullish and bearish scenarios say about 013870?
Our models span a range for Gmb Korea: cautious scenario 8,512 KRW, base 9,128 KRW, optimistic 13,254 KRW per share (as of Nov 3, 2026, price 3,575 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 013870?
Gmb Korea trades at a price-to-earnings ratio of 3.2 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 9,128 KRW is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 7.9. Other multiples: P/B 0.2, P/S 0.1, EV/EBITDA 0.9.
How solid is the balance sheet of Gmb Korea (013870)?
Balance-sheet figures for Gmb Korea (as of Nov 3, 2026): return on equity 6.7%, debt of 0.01 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is 013870 from its 52-week high?
Gmb Korea trades at 3,575 KRW, about 36% below its 52-week high of 5,625 KRW and 2% above the low of 3,500 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 9,128 KRW is for.
Which stocks are comparable to Gmb Korea?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, AutoZone, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, 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 Gmb Korea stock attractive at the current price?
The data as of Nov 3, 2026: price 3,575 KRW, calculated fair value 9,128 KRW (+155%), Quality Score 46/100, from 16 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 013870 calculated?
We run Gmb Korea through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 9,128 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. Gmb Korea currently trades 61% 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 Gmb Korea (013870)?
The closing price on Nov 6, 2026 was 3,575 KRW. Our model-based fair value is 9,128 KRW, about +155% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Gmb Korea right now?
The large discount to fair value meets weak quality (46/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (8,512 KRW). The market is more pessimistic than our downside scenario.
Key figures of Gmb Korea
How large is the market capitalisation of Gmb Korea (013870)?
The market capitalisation of Gmb Korea is 68.2B KRW (≈ $50.4M). 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 Gmb Korea (013870)?
The price-to-sales ratio of Gmb Korea is 0.08 (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 Gmb Korea (013870)?
Earnings per share at Gmb Korea are 1,120 KRW (price ÷ EPS = P/E 3.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Gmb Korea (013870)?
The dividend yield of Gmb Korea is 7.0% (payout 22.3%). 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 Gmb Korea (013870)?
The net margin of Gmb Korea is 2.6% (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 Gmb Korea (013870)?
The return on equity (ROE) of Gmb Korea is 6.7% (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 Gmb Korea (013870)?
On an EBIT basis the return on assets of Gmb Korea is 2.9% (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 Gmb Korea (013870)?
The operating margin of Gmb Korea is 4.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Gmb Korea (013870)?
Revenue at Gmb Korea is growing +7.9% versus a year earlier (3y avg +8.8%). 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 Gmb Korea (013870)?
Earnings per share at Gmb Korea are growing +177% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Gmb Korea (013870) generate?
The free cash flow of Gmb Korea is −24.6B 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 Gmb Korea (013870) carry?
The net debt of Gmb Korea is 204B 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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Nov 3, 2026