EN DE

Iljin Holdings (015860) Fair Value & Analysis

Industrials · KR · Market cap 264B KRW

IH Iljin Holdings 015860 · KO
Price6,690 KRW
Fair Value16,068 KRW
Upside+140.2%
Quality57/100
Watch Iljin Holdings for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 1.7% net margin
Low debt · generates free cash flow
3.65% dividend yield
Ranks above peers (9/10)
Narrow moat 38/100
Evidence: Medium Range 12,051 KRW – 20,085 KRW Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 6 days ago

Share price +22.1% over the past month.

A solid business, screening 140% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (12,051 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

14,350 KRW 3,235 KRW Fair Value 16,068 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 3,235 KRW – 14,350 KRW · fair‑value band 12,051 KRW – 20,085 KRW · the 6,690 KRW price screens below the 16,068 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Iljin Holdings (015860) currently trades at 6,690 KRW, while our model-based Fair Value estimate is 16,068 KRW, implying the stock looks roughly 140.2% undervalued today. The Quality Score stands at 57/100 (solid 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: medium), always confirm before acting.

Over the trailing twelve months, Iljin Holdings generated revenue of 2.4T KRW at a net margin of 1.7%. Revenue grew 13.3% year over year. It earns a return on equity of 9.2%. Net debt stands at 29.7B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 12,051 KRW (bear case) to 20,085 KRW (bull case); at 6,690 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 57% below its 52-week high and 41% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -65% fair-value upside, at 140%, 015860 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 20,777 KRW 29,780 KRW 43,458 KRW 80
Residual Income 9,338 KRW 9,826 KRW 10,549 KRW 76
Rev-Margin DCF 27,801 KRW 44,502 KRW 63,808 KRW 74
All 24 models by family
DCF Models
FCF DCF 20,464 KRW 30,635 KRW 47,116 KRW 38
Owner Earnings 10,187 KRW 14,023 KRW 20,239 KRW 31
5Y Revenue Exit 27,801 KRW 44,781 KRW 66,811 KRW 39
5Y EBITDA Exit 32,061 KRW 52,822 KRW 77,367 KRW 41
5Y P/E Exit 16,642 KRW 23,719 KRW 31,124 KRW 38
10Y Revenue Exit 24,199 KRW 39,404 KRW 60,466 KRW 36
10Y EBITDA Exit 27,910 KRW 45,144 KRW 68,779 KRW 37
10Y P/E Exit 17,821 KRW 24,370 KRW 32,361 KRW 35
Earnings-Based
Graham-Dodd 5,203 KRW 16,878 KRW 22,538 KRW 54
Lynch FV 3,765 KRW 5,379 KRW 6,993 KRW 50
PEG = 1.0 3,765 KRW 5,379 KRW 6,993 KRW 46
EPV 32,333 KRW 37,339 KRW 41,789 KRW 59
Multiples
P/E Multiple 12,051 KRW 16,068 KRW 20,085 KRW 63
P/S Multiple 9,756 KRW 13,007 KRW 16,259 KRW 58
P/B Multiple 9,756 KRW 13,007 KRW 16,259 KRW 55
EV/EBIT 44,153 KRW 57,548 KRW 70,944 KRW 53
EV/EBITDA 41,829 KRW 54,450 KRW 67,072 KRW 54
EV/Revenue 32,648 KRW 44,941 KRW 57,233 KRW 43
Asset-Based
NCAV (Graham) 5,719 KRW 7,663 KRW 11,438 KRW 50
Growth DCF
Growth DCF 20,777 KRW 29,780 KRW 43,458 KRW 80
Rev-Margin DCF 27,801 KRW 44,502 KRW 63,808 KRW 74
Economic Profit
Residual Income 9,338 KRW 9,826 KRW 10,549 KRW 76
ROIC Compounder 34,138 KRW 41,755 KRW 50,219 KRW 72
Growth Earnings
Growth-Adj P/E 10,110 KRW 14,443 KRW 18,776 KRW 68

Widest divergence: DCF Models (30,635 KRW) versus Earnings-Based (5,379 KRW). Highest evidence: Growth DCF (80).

Notify me when 015860 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 2.4T KRW
Revenue growth (YoY) +13.3%
Net margin 1.7%
Return on equity 9.2%
Free cash flow 62.7B KRW FY2025
Operating margin 8.7%
More key figures
Dividend yield 3.7%
EPS growth (YoY) +39.8%
Net debt 29.7B KRW FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 56 · Market factors (momentum, volatility) 19

Profitability 35
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 11
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 34
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

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 …

Full company description

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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.3T KRW
Latest YoY
+26.8%
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.
+16.8%
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.
+19.6%
Avg. growth/yr (23Y) 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.
+7.2%
Revenue +17.7%/yr
FY21 1.2T KRW
FY22 1.4T KRW
FY23 1.5T KRW
FY24 1.8T KRW
FY25 2.3T KRW
Net income +15.1%/yr
FY21 20.1B KRW
FY22 18.4B KRW
FY23 27.5B KRW
FY24 22.6B KRW
FY25 35.2B KRW

Watch 015860: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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

Peer Group

Electrical Equipment & Parts · 543 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 57 · Above median
Fair Value upside +140% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 9% · Above median
Revenue growth 13% · Above median
Dividend yield (TTM) 3.0% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Electrical Equipment & 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE67 · sector 56
PAST37 · sector 25
HEALTH98 · sector 97
DIVIDEND60 · sector 23

Insider activity: 45/100

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 -40%
Delta Electronics (Thailand) Public Company DELTA 269.00 THB 40.28 THB -85%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW -45%
WEG S.A WEGE3 14,900 ARS 4,338 ARS -71%
Sungrow Power Supply Co 300274 ¥117.53 ¥123.83 +5%
HD Hyundai Electric Co 267260 752,000 KRW 371,133 KRW -51%
LS ELECTRIC Co 010120 206,500 KRW 29,594 KRW -86%
Hyosung Heavy Industries Corporation 298040 2,892,000 KRW 1,013,099 KRW -65%
Hitachi Energy India Limited POWERINDIA ₹35,800 ₹6,106 -83%
CG Power and Industrial Solutions Limited CGPOWER ₹893.95 ₹130.16 -85%

Compare Iljin Holdings with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Iljin Holdings (015860) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 16,068 KRW versus a price of 6,690 KRW, about +140% (undervalued).
What is the fair value of 015860?
Our model-based fair value for Iljin Holdings is 16,068 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 6,690 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 revenue of Iljin Holdings (015860)?
Iljin Holdings reported trailing-twelve-month revenue of about 2.4T KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 015860?
The net profit margin of Iljin Holdings is about 1.7%, meaning it keeps roughly 1.7% of revenue as net income. Based on the latest reported figures.
Does Iljin Holdings pay a dividend?
Iljin Holdings currently shows a dividend yield of about 2.98% relative to its recent price (as of Aug 13, 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.

14 days Pro free · no card

Track Iljin Holdings and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.