Iljin Holdings (015860) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Iljin Holdings KRW 11,791, price KRW 7,370, upside +60.0%, quality 57 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 1, 2026.
How to read this chart
60‑month range 3,235 KRW – 14,350 KRW · fair‑value band 7,908 KRW – 17,043 KRW · the 7,370 KRW price screens below the 11,791 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 1, 2026.
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ILJIN Holdings Co.,Ltd. operates as a parts and material specialized company worldwide.
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ILJIN Holdings Co.,Ltd. operates as a parts and material specialized company worldwide. The company offers high voltage electric cables, cu wire and aluminum alloys, extra high voltage transformers and blockers, and electrical devices for power distribution; manufactures industrial diamond for automobile, aircraft, energy, semi-conductor, and construction and machinery industries; and develops sapphire ingots and wafers. It also provides touchscreen panels for smartphones and tablet pcs; special steel tube for automobile, hydraulic cylinder tube for heavy machinery, various shapes for L/M system, and extra precisive stainless tube for semi-conductor; and composite fuel tank and technology value-added products. In addition, the company is involved in the provision of integrated IT solutions comprising system integration, system maintenance, IT infrastructure operation, IT consulting; offers ultrasound medical systems; and TV broadcasting business. ILJIN Holdings Co., Ltd. was founded in 1968 and is headquartered in Hwaseong-si, South Korea.
Stock analysis
Iljin Holdings (015860) currently trades at 7,370 KRW, while our model-based Fair Value estimate is 11,791 KRW, implying the stock looks roughly 37.5% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 16,068 KRW per share, and 22 of the 24 models we run sit above the 7,370 KRW price.
Bear case: the Earnings-Based group reads lowest at 5,379 KRW, and 2 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 7,908 KRW (bear) to 17,043 KRW (bull), the price of 7,370 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 57/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Iljin Holdings reported revenue of 2.3T KRW in FY2025 versus 1.2T KRW in FY2021, a compound +17.7%/yr. Reported net income was 35.2B KRW in FY2025, compounding +15.1%/yr from FY2021.
Key figures
Market cap 339B KRW (≈ $252M) · P/S ratio 0.13 · Dividend yield 2.7% · Net margin 1.5% · Return on equity 4.7% · Return on assets (EBIT) 3.7% · Operating margin 11.1% · Revenue (TTM) 2.5T KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 49% below its 52-week high and 48% 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 60%, 015860 screens cheaper than that median.
Fair Value models
Bear 7,908 KRWFair Value 11,791 KRWBull 17,043 KRW
Price 7,370 KRW · Upside +60.0%
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.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+26.8%
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.
+16.8%
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.
+19.6%
Start year 2020 (pandemic). Over 10 years: +9.9% a year
Revenue growth 23 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.
+7.2%
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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.
+24.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+22.2%
Dividend (yield on the price)2.7%
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.3% → 6%
2025 sits 56% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
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).
−7.9%
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 −9.8% 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.Electrical Equipment & Parts · 545 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). "Iljin Holdings Fair Value". https://www.fairvalue-calculator.com/stock/015860
Frequently asked questions
Is Iljin Holdings (015860) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of 11,791 KRW versus a price of 7,370 KRW, about +60% upside (undervalued).
What is the fair value of 015860?
Our model-based fair value for Iljin Holdings is 11,791 KRW (as of Oct 1, 2026), built from audited fundamentals. The current price: 7,370 KRW.
What is the quality score of 015860?
Iljin Holdings has a Quality Score of 57/100. 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 Iljin Holdings (015860)?
Our model-based price target is the fair value of 11,791 KRW (as of Oct 1, 2026) from 24 valuation models. Cautious scenario 7,908 KRW, optimistic scenario 17,043 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Iljin Holdings stock forecast for 2026?
Our models put fair value at 11,791 KRW, about +60% upside versus a price of 7,370 KRW (undervalued). Cautious scenario 7,908 KRW, optimistic scenario 17,043 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Iljin Holdings (015860)?
Iljin Holdings reported trailing-twelve-month revenue of about 2.5T KRW (latest available figure, as of Oct 1, 2026).
Does Iljin Holdings pay a dividend?
Iljin Holdings currently shows a dividend yield of about 2.71% relative to its recent price (as of Oct 1, 2026).
What growth is priced into Iljin Holdings (015860)?
For today's price to be fair in a discounted-cash-flow model, Iljin Holdings would have to grow free cash flow by -7.9 % per year for five years (discount rate 15.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +19.6 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of 015860 use?
Our models discount Iljin Holdings at 15.0 %: a base by market capitalisation (micro), damped by beta 1.56, 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 Iljin Holdings that is -7.9 % per year a year over ten years, using the same discount rate (15.0 %) and the same formula as our fair value.
How much growth has Iljin Holdings (015860) delivered so far?
Over the past 5 years revenue at Iljin Holdings grew +19.6 % a year. The price currently implies -7.9 % per year free-cash-flow growth a 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 Iljin Holdings (015860) growing?
The median revenue growth in the sector is +7.4 % a year. That is the yardstick for the growth priced into Iljin Holdings (-7.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Iljin Holdings (015860)?
The free-cash-flow yield on the price is 18.49 %: that much free cash flow Iljin Holdings produces per unit of market value. When it exceeds the discount rate of our models (15.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Iljin Holdings (015860)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Iljin Holdings it is 11,791 KRW per share (as of Oct 1, 2026), against a price of 7,370 KRW. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Iljin Holdings stock overvalued or undervalued in 2026?
As of Oct 1, 2026, 015860 trades below its calculated fair value: price 7,370 KRW, fair value 11,791 KRW, a gap of about +60% (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 015860?
No. The price is what the market pays today (7,370 KRW); the fair value is what the company's own numbers justify (11,791 KRW). For Iljin Holdings the two are 4,421 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Iljin Holdings worth?
The market values Iljin Holdings at about 339B KRW (market capitalisation, as of Oct 1, 2026). Per share that is 7,370 KRW; our models calculate a fair value of 11,791 KRW per share.
What do the bullish and bearish scenarios say about 015860?
Our models span a range for Iljin Holdings: cautious scenario 7,908 KRW, base 11,791 KRW, optimistic 17,043 KRW per share (as of Oct 1, 2026, price 7,370 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Iljin Holdings (015860)?
Balance-sheet figures for Iljin Holdings (as of Oct 1, 2026): return on equity 4.7%, debt of 0.04 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 015860 from its 52-week high?
Iljin Holdings trades at 7,370 KRW, about 49% below its 52-week high of 14,350 KRW and 48% above the low of 4,980 KRW (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 11,791 KRW is for.
Which stocks are comparable to Iljin Holdings?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Delta Electronics (Thailand) Public Company, Vertiv Holdings, 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 Iljin Holdings stock attractive at the current price?
The data as of Oct 1, 2026: price 7,370 KRW, calculated fair value 11,791 KRW (+60%), Quality Score 57/100, from 24 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 015860 calculated?
We run Iljin Holdings through 24 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 11,791 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 14.9 % above its aggregate fair value. Iljin Holdings currently trades 37 % 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 Iljin Holdings (015860)?
The closing price on Oct 2, 2026 was 7,370 KRW. Our model-based fair value is 11,791 KRW, about +60% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Iljin Holdings right now?
The price is below even our cautious bear case (7,908 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 (57/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (7,908 KRW to 17,043 KRW) leaves room in how you read the outcome.
Key figures of Iljin Holdings
How large is the market capitalisation of Iljin Holdings (015860)?
The market capitalisation of Iljin Holdings is 339B KRW (≈ $252M). 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 Iljin Holdings (015860)?
The price-to-sales ratio of Iljin Holdings is 0.13 (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 Iljin Holdings (015860)?
The dividend yield of Iljin Holdings is 2.7%. 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 Iljin Holdings (015860)?
The net margin of Iljin Holdings is 1.5% (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 Iljin Holdings (015860)?
The return on equity (ROE) of Iljin Holdings is 4.7% (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 Iljin Holdings (015860)?
On an EBIT basis the return on assets of Iljin Holdings is 3.7% (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 Iljin Holdings (015860)?
The operating margin of Iljin Holdings is 11.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Iljin Holdings (015860)?
Revenue at Iljin Holdings is growing +23.2% versus a year earlier (3y avg +16.8%). 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 Iljin Holdings (015860)?
Earnings per share at Iljin Holdings are growing +39.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Iljin Holdings (015860) carry?
The net debt of Iljin Holdings is 29.7B KRW (fiscal year 2024, ≈ 0.5 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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