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Daesung Holdin (016710) Fair Value & Analysis

Utilities · KR · Market cap 107B KRW

DH Daesung Holdin 016710 · KO
Price7,020 KRW
Fair Value19,246 KRW
Upside+174.2%
Quality55/100
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Healthy Growth
Thin margins · 1.4% net margin
Low debt · generates free cash flow
3.71% dividend yield
Mixed vs. peers (5/10)
Narrow moat 23/100
Evidence: Medium Range 14,434 KRW – 24,057 KRW Share as image

Fair value as of: Aug 15, 2026

From 23 valuation models · updated 5 days ago

Share price +4.2% over the past month.

A solid business, screening 174% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (14,434 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

126,232 KRW 6,361 KRW Fair Value 19,246 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range 6,361 KRW – 126,232 KRW · fair‑value band 14,434 KRW – 24,057 KRW · the 7,020 KRW price screens below the 19,246 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Daesung Holdin (016710) currently trades at 7,020 KRW, while our model-based Fair Value estimate is 19,246 KRW, implying the stock looks roughly 174.2% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Utilities 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, Daesung Holdin generated revenue of 1.2T KRW at a net margin of 1.4%. Revenue declined 7.1% year over year. It earns a return on equity of 3.5%. Net debt stands at 28.5B KRW. Fundamentals as of Aug 15, 2026

Our scenario range runs from 14,434 KRW (bear case) to 24,057 KRW (bull case); at 7,020 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 36% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at 2% fair-value upside, at 174%, 016710 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 21,009 KRW 27,857 KRW 37,082 KRW 80
Residual Income 21,183 KRW 20,858 KRW 18,464 KRW 76
Rev-Margin DCF 19,029 KRW 27,051 KRW 35,487 KRW 74
All 23 models by family
DCF Models
FCF DCF 20,438 KRW 27,694 KRW 37,847 KRW 38
Owner Earnings 18,496 KRW 24,948 KRW 33,976 KRW 31
5Y Revenue Exit 19,029 KRW 26,818 KRW 36,286 KRW 39
5Y EBITDA Exit 25,950 KRW 38,953 KRW 53,323 KRW 41
5Y P/E Exit 17,311 KRW 23,806 KRW 30,130 KRW 38
10Y Revenue Exit 18,941 KRW 25,945 KRW 34,356 KRW 36
10Y EBITDA Exit 23,706 KRW 34,086 KRW 46,613 KRW 37
10Y P/E Exit 18,336 KRW 23,924 KRW 29,928 KRW 35
Earnings-Based
Graham-Dodd 7,271 KRW 15,515 KRW 19,691 KRW 54
PEG = 1.0 2,373 KRW 3,389 KRW 4,406 KRW 46
EPV 14,706 KRW 16,670 KRW 18,389 KRW 59
Multiples
P/E Multiple 14,434 KRW 19,246 KRW 24,057 KRW 63
P/S Multiple 13,633 KRW 18,177 KRW 22,721 KRW 58
P/B Multiple 13,633 KRW 18,177 KRW 22,721 KRW 55
EV/EBIT 23,168 KRW 29,918 KRW 36,667 KRW 53
EV/EBITDA 33,017 KRW 43,049 KRW 53,081 KRW 54
EV/Revenue 19,298 KRW 26,318 KRW 33,338 KRW 43
Asset-Based
NCAV (Graham) 14,322 KRW 19,192 KRW 28,645 KRW 50
Growth DCF
Growth DCF 21,009 KRW 27,857 KRW 37,082 KRW 80
Rev-Margin DCF 19,029 KRW 27,051 KRW 35,487 KRW 74
Economic Profit
Residual Income 21,183 KRW 20,858 KRW 18,464 KRW 76
ROIC Compounder 14,706 KRW 16,670 KRW 18,389 KRW 72
Growth Earnings
Growth-Adj P/E 10,740 KRW 15,343 KRW 19,946 KRW 68

Widest divergence: Growth DCF (27,051 KRW) versus Growth Earnings (15,343 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.2T KRW
Revenue growth (YoY) -7.1%
Net margin 1.4%
Return on equity 3.5%
Free cash flow 26.8B KRW FY2025
Operating margin 6.0%
More key figures
Dividend yield 3.7%
EPS growth (YoY) -4.3%
Net debt 28.5B KRW FY2025

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 54 · Market factors (momentum, volatility) 37

Profitability 33
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 83
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

Daesung Holdings Co., Ltd. engages in the energy, educational content, and information and communication businesses in South Korea.

Full company description

Daesung Holdings Co., Ltd. engages in the energy, educational content, and information and communication businesses in South Korea. It supplies city gas to household, commercial, and industrial customers, as well as operates hydrogen charging stations; and engages in power generation, heat and electricity supply, landfill gas resource business, as well as provides agency services for city gas customer management, safety management of city gas facilities, construction of city gas supply and facilities, and gas connection construction. The company is also involved in the vehicle fuel retail business; call center outsourcing CRM, ASP, talent dispatch, and education and training services for public and financial, distribution, communications, construction, and other industries; and investment business. In addition, it provides IT integrated management services, IT outsourcing and system integration services, oracle transaction based recovery solutions, RFID-based CNG filling POS systems, and apartment housing management ASP services, as well as supplies mobile terminals to retailers. Further, the company offers VOIP service; and manages Skype services. The company was formerly known as Daegu City Gas Co., Ltd. and changed its name to Daesung Holdings Co., Ltd. in 2009. Daesung Holdings Co., Ltd. was founded in 1983 and is headquartered in Daegu, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Daesung Holdin reported revenue of 1.2T KRW in FY2025 versus 940B KRW in FY2021, a compound +6.8%/yr. Reported net income was 17.2B KRW in FY2025, compounding +0.6%/yr from FY2021.

Growth Quality 68/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.2T KRW
Latest YoY
+0.8%
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.
−0.8%
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.
+6.6%
Avg. growth/yr (25Y) 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.
+6.2%
Revenue +6.8%/yr
FY21 940B KRW
FY22 1.3T KRW
FY23 1.2T KRW
FY24 1.2T KRW
FY25 1.2T KRW
Net income +0.6%/yr
FY21 16.7B KRW
FY22 3.6B KRW
FY23 154B KRW
FY24 32.1B KRW
FY25 17.2B KRW

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Cite: Fair Value Calculator (2026). "Daesung Holdin Fair Value". https://www.fairvalue-calculator.com/stock/016710

Peer Group

Utilities - Regulated Gas · 103 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 55 · Above median
Fair Value upside +174% · Top 25%
Return on equity (TTM) 3% · Bottom 25%
Return on assets 1% · Bottom 25%
Net margin (TTM) 1% · Bottom 25%
Operating margin (TTM) 6% · Below median
Revenue growth -7% · Below median
Dividend yield (TTM) 3.6% · Above median
Debt / equity 0.24× · Lower than median

Valuation Multiples vs Utilities - Regulated Gas 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 27
FUTURE0 · sector 0
PAST14 · sector 34
HEALTH88 · sector 87
DIVIDEND71 · sector 71

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 Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
Naturgy Energy Group NTGY €28.94 €31.58 +9%
Atmos Energy Corporation ATO $169.59 $85.67 -49%
NiSource Inc NI $42.50 $28.59 -33%
Uniper SE UN0 €47.45 €48.32 +2%
The Hong Kong and China Gas Company 0003 HK$6.76 HK$4.79 -29%
GAIL (India) Limited GAIL ₹177.95 ₹130.21 -27%
Adani Total Gas Limited ATGL ₹654.05 ₹101.36 -85%
ENN Natural Gas Co 600803 ¥17.32 ¥25.71 +48%
ENN Energy Holdings 2688 HK$47.16 HK$107.98 +129%
China Suntien Green Energy Corporation 600956 ¥7.26 ¥7.37 +2%

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Frequently asked questions

Is Daesung Holdin (016710) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of 19,246 KRW versus a price of 7,020 KRW, about +174% (undervalued).
What is the fair value of 016710?
Our model-based fair value for Daesung Holdin is 19,246 KRW (as of Aug 15, 2026), built from audited fundamentals. The current price: 7,020 KRW.
What is the quality score of 016710?
Daesung Holdin has a Quality Score of 55/100. 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 Daesung Holdin (016710)?
Daesung Holdin reported trailing-twelve-month revenue of about 1.2T KRW (latest available figure, as of Aug 15, 2026).
What is the net profit margin of 016710?
The net profit margin of Daesung Holdin is about 1.4%, meaning it keeps roughly 1.4% of revenue as net income. Based on the latest reported figures.
Does Daesung Holdin pay a dividend?
Daesung Holdin currently shows a dividend yield of about 3.53% relative to its recent price (as of Aug 15, 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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