Seowon (021050) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Seowon KRW 1,277, price KRW 1,079, upside +18.4%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 910.00 KRW – 3,464 KRW · fair‑value band 1,277 KRW – 1,454 KRW · the 1,079 KRW price screens below the 1,277 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. Dashed = 300-day average. As of Sep 24, 2026.
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Seowon Co., Ltd. manufactures and sells non-ferrous metals in South Korea. The company offers brass billets, slabs, and ingots, as well as bronze ingots; and recycles brass ash, granular brass and aluminum, clove, sludge, mill berry, oxidized copper, and grinding powder, as well as copper rods for electric wires and copper billets.
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Seowon Co., Ltd. manufactures and sells non-ferrous metals in South Korea. The company offers brass billets, slabs, and ingots, as well as bronze ingots; and recycles brass ash, granular brass and aluminum, clove, sludge, mill berry, oxidized copper, and grinding powder, as well as copper rods for electric wires and copper billets. Its products are used in various applications, such as cars and industrial machinery parts, electrical and electronic equipment parts, ship building components and firefighting facilities, faucets, heat exchange appliances parts, and high-tech equipment and heavy industry products. The company was founded in 1988 and is headquartered in Ansan-Si, South Korea.
Stock analysis
Seowon (021050) currently trades at 1,079 KRW, while our model-based Fair Value estimate is 1,277 KRW, implying the stock looks roughly 15.5% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 11,973 KRW per share, and 6 of the 6 models we run sit above the 1,079 KRW price.
Bear case: the Asset-Based group reads lowest at 2,059 KRW, and 0 of the 6 models stay below the price. Evidence for this calculation is low.
Scenario range: 1,277 KRW (bear) to 1,454 KRW (bull), the price of 1,079 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 45/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Seowon reported revenue of 1.7T KRW in FY2025 versus 262B KRW in FY2021, a compound +60.0%/yr. Reported net income was −5.6B KRW in FY2025.
Key figures
Market cap 51.2B KRW (≈ $37.6M) · P/S ratio 0.03 · Net margin −0.3% · Return on equity 3.7% · Return on assets (EBIT) 2.5% · Operating margin 5.5% · Revenue (TTM) 1.8T KRW · Revenue growth (YoY) +14.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 42% below its 52-week high and 19% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at 18%, 021050 screens cheaper than that median.
Fair Value models
Bear 1,277 KRWFair Value 1,277 KRWBull 1,454 KRW
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.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.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+39.4%
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.
+83.9%
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.
+48.4%
Start year 2020 (pandemic). Over 10 years: +20.9% a year
Revenue growth 22 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.
+9.9%
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Profit margin (trend) ⓘ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.
3.2% (2019) → 2.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
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.Metal Fabrication · 263 stocks
Beats the industry median on 5/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside+18% · Top 25%
Profitability
Return on equity (TTM)4% · Below median
Return on assets4% · Above median
Net margin (TTM)0% · Below median
Operating margin (TTM)5% · Above median
Growth and dividend
Revenue growth14% · Above median
Balance sheet
Debt / equity0.70× · Highest 25%
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Seowon Fair Value". https://www.fairvalue-calculator.com/stock/021050
Frequently asked questions
Is Seowon (021050) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 1,277 KRW versus a price of 1,079 KRW, about +18% upside (undervalued).
What is the fair value of 021050?
Our model-based fair value for Seowon is 1,277 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 1,079 KRW.
What is the quality score of 021050?
Seowon has a Quality Score of 45/100. 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 Seowon (021050)?
Our model-based price target is the fair value of 1,277 KRW (as of Sep 24, 2026) from 6 valuation models. Cautious scenario 1,277 KRW, optimistic scenario 1,454 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Seowon stock forecast for 2026?
Our models put fair value at 1,277 KRW, about +18% upside versus a price of 1,079 KRW (undervalued). Cautious scenario 1,277 KRW, optimistic scenario 1,454 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Seowon (021050)?
Seowon reported trailing-twelve-month revenue of about 1.8T KRW (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Seowon (021050)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Seowon it is 1,277 KRW per share (as of Sep 24, 2026), against a price of 1,079 KRW. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Seowon stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 021050 trades below its calculated fair value: price 1,079 KRW, fair value 1,277 KRW, a gap of about +18% (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 021050?
No. The price is what the market pays today (1,079 KRW); the fair value is what the company's own numbers justify (1,277 KRW). For Seowon the two are 198.34 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Seowon worth?
The market values Seowon at about 51.2B KRW (market capitalisation, as of Sep 24, 2026). Per share that is 1,079 KRW; our models calculate a fair value of 1,277 KRW per share.
What do the bullish and bearish scenarios say about 021050?
Our models span a range for Seowon: cautious scenario 1,277 KRW, base 1,277 KRW, optimistic 1,454 KRW per share (as of Sep 24, 2026, price 1,079 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Seowon (021050)?
Balance-sheet figures for Seowon (as of Sep 24, 2026): return on equity 3.7%, debt of 0.70 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 021050 from its 52-week high?
Seowon trades at 1,079 KRW, about 42% below its 52-week high of 1,849 KRW and 19% above the low of 910.00 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 1,277 KRW is for.
Which stocks are comparable to Seowon?
From the same area (Industrials) we also value Carpenter Technology Corporation, ATI Inc, Mueller Industries, Inc, Aurubis AG, 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 Seowon stock attractive at the current price?
The data as of Sep 24, 2026: price 1,079 KRW, calculated fair value 1,277 KRW (+18%), Quality Score 45/100, from 6 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 021050 calculated?
We run Seowon through 6 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 1,277 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 14.0 % above its aggregate fair value. Seowon currently trades 18 % 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 Seowon (021050)?
The closing price on Sep 23, 2026 was 1,079 KRW. Our model-based fair value is 1,277 KRW, about +18% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Seowon right now?
The price is below even our cautious bear case (1,277 KRW). The market is more pessimistic than our downside scenario. The models converge in a tight band (1,277 KRW to 1,454 KRW), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Seowon
How large is the market capitalisation of Seowon (021050)?
The market capitalisation of Seowon is 51.2B KRW (≈ $37.6M). 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 Seowon (021050)?
The price-to-sales ratio of Seowon is 0.03 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Seowon (021050)?
The net margin of Seowon is −0.3% (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 Seowon (021050)?
The return on equity (ROE) of Seowon is 3.7% (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 Seowon (021050)?
On an EBIT basis the return on assets of Seowon is 2.5% (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 Seowon (021050)?
The operating margin of Seowon is 5.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Seowon (021050)?
Revenue at Seowon is growing +14.4% versus a year earlier (3y avg +83.9%). 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 Seowon (021050)?
Earnings per share at Seowon are growing +491% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Seowon (021050) generate?
The free cash flow of Seowon is −18.5B 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 Seowon (021050) carry?
The net debt of Seowon is 534B 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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