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Samhyun Steel Co (017480) Fair Value & Analysis

Basic Materials · KR · Market cap 72.3B KRW

SS Samhyun Steel Co 017480 · KQ
Price4,865 KRW
Fair Value7,181 KRW
Upside+47.6%
Quality61/100
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Weak Growth
Thin margins · 3.4% net margin
Low debt · generates free cash flow
6.40% dividend yield
Ranks above peers (9/10)
Narrow moat 30/100
Evidence: High Range 5,386 KRW – 8,977 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 6,064 KRW to 7,181 KRW (+18.4%) since Jul 6, 2026. Share price +3.3% over the past month.

A solid business, screening 48% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (5,386 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (61/100) 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)

6,392 KRW 3,514 KRW Fair Value 7,181 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 3,514 KRW – 6,392 KRW · fair‑value band 5,386 KRW – 8,977 KRW · the 4,865 KRW price screens below the 7,181 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

Samhyun Steel Co (017480) currently trades at 4,865 KRW, while our model-based Fair Value estimate is 7,181 KRW, implying the stock looks roughly 47.6% undervalued today. The Quality Score stands at 61/100 (solid quality), in the Basic Materials 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, Samhyun Steel Co generated revenue of 223B KRW at a net margin of 3.4%. Revenue grew 9.7% year over year. It earns a return on equity of 3.9%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 5,386 KRW (bear case) to 8,977 KRW (bull case); at 4,865 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 21% below its 52-week high and 19% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 48%, 017480 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 12,839 KRW 15,056 KRW 18,849 KRW 80
Residual Income 9,193 KRW 9,024 KRW 7,662 KRW 76
Rev-Margin DCF 10,174 KRW 11,330 KRW 12,805 KRW 74
All 23 models by family
DCF Models
FCF DCF 12,569 KRW 14,853 KRW 19,083 KRW 38
5Y Revenue Exit 10,174 KRW 11,193 KRW 12,663 KRW 39
5Y EBITDA Exit 9,776 KRW 10,504 KRW 11,470 KRW 41
5Y P/E Exit 10,962 KRW 12,557 KRW 14,475 KRW 38
10Y Revenue Exit 11,014 KRW 11,859 KRW 12,711 KRW 36
10Y EBITDA Exit 10,828 KRW 11,432 KRW 12,011 KRW 37
10Y P/E Exit 11,548 KRW 12,702 KRW 13,775 KRW 35
Earnings-Based
Graham-Dodd 2,425 KRW 2,964 KRW 3,335 KRW 54
EPV 7,849 KRW 8,032 KRW 8,192 KRW 59
Dividend Discount
Gordon GGM 2,755 KRW 3,015 KRW 3,412 KRW 70
DDM Multi-Stage 2,755 KRW 3,456 KRW 4,439 KRW 61
Multiples
P/E Multiple 3,745 KRW 4,994 KRW 6,242 KRW 63
P/S Multiple 4,548 KRW 6,064 KRW 7,580 KRW 58
P/B Multiple 4,548 KRW 6,064 KRW 7,580 KRW 55
EV/EBIT 8,480 KRW 9,056 KRW 9,632 KRW 53
EV/EBITDA 8,242 KRW 8,738 KRW 9,235 KRW 54
EV/Revenue 8,849 KRW 9,748 KRW 10,647 KRW 43
Asset-Based
NCAV (Graham) 6,320 KRW 8,469 KRW 12,640 KRW 50
Growth DCF
Growth DCF 12,839 KRW 15,056 KRW 18,849 KRW 80
Rev-Margin DCF 10,174 KRW 11,330 KRW 12,805 KRW 74
Economic Profit
Residual Income 9,193 KRW 9,024 KRW 7,662 KRW 76
ROIC Compounder 7,849 KRW 8,032 KRW 8,192 KRW 72
Growth Earnings
Growth-Adj P/E 2,695 KRW 3,849 KRW 5,004 KRW 68

Widest divergence: DCF Models (11,859 KRW) versus Earnings-Based (2,964 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 223B KRW
Revenue growth (YoY) +9.7%
Net margin 3.4%
Return on equity 3.9%
Free cash flow 9.2B KRW FY2024
Operating margin 2.7%
More key figures
Dividend yield 5.9%
EPS growth (YoY) -4.0%

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 63 · Market factors (momentum, volatility) 58

Profitability 32
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 42
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

Samhyun Steel Co., Ltd. engages in processing and selling steel plates and section steels. It is also involved in pre-cutting, processing, and selling coils. The company provides hot-rolled, plate, and other manufactured products. The company was formerly known as Samhyun Steel Sangsa and changed its name to Samhyun Steel Co., Ltd. in 1984. Samhyun Steel Co.

Full company description

Samhyun Steel Co., Ltd. engages in processing and selling steel plates and section steels. It is also involved in pre-cutting, processing, and selling coils. The company provides hot-rolled, plate, and other manufactured products. The company was formerly known as Samhyun Steel Sangsa and changed its name to Samhyun Steel Co., Ltd. in 1984. Samhyun Steel Co., Ltd. was founded in 1978 and is headquartered in Changwon-si, South Korea.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Samhyun Steel Co reported revenue of 224B KRW in FY2024 versus 225B KRW in FY2020, a compound −0.1%/yr. Reported net income was 5.5B KRW in FY2024, compounding −8.1%/yr from FY2020.

Growth Quality 35/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
224B KRW
Latest YoY
−14.8%
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.
−11.5%
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.
−1.2%
Avg. growth/yr (10Y) 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.
+0.0%
Revenue −0.1%/yr
FY20 225B KRW
FY21 322B KRW
FY22 341B KRW
FY23 262B KRW
FY24 224B KRW
Net income −8.1%/yr
FY20 7.7B KRW
FY21 25.4B KRW
FY22 16.0B KRW
FY23 10.4B KRW
FY24 5.5B KRW

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Cite: Fair Value Calculator (2026). "Samhyun Steel Co Fair Value". https://www.fairvalue-calculator.com/stock/017480

Peer Group

Steel · 378 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 61 · Top 25%
Fair Value upside +48% · Top 25%
Return on equity (TTM) 4% · Above median
Return on assets 2% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 3% · Below median
Revenue growth 10% · Above median
Dividend yield (TTM) 6.4% · Top 25%

Valuation Multiples vs Steel 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 97 · sector 19
FUTURE 49 · sector 4
PAST 16 · sector 15
HEALTH 100 · sector 95
DIVIDEND 100 · sector 41

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

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

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Frequently asked questions

Is Samhyun Steel Co (017480) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 7,181 KRW versus a price of 4,865 KRW, about +48% (undervalued).
What is the fair value of 017480?
Our model-based fair value for Samhyun Steel Co is 7,181 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 4,865 KRW.
What is the quality score of 017480?
Samhyun Steel Co has a Quality Score of 61/100. 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 Samhyun Steel Co (017480)?
Samhyun Steel Co reported trailing-twelve-month revenue of about 223B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 017480?
The net profit margin of Samhyun Steel Co is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does Samhyun Steel Co pay a dividend?
Samhyun Steel Co currently shows a dividend yield of about 5.94% 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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