COWAY Co (021240) Fair Value & Analysis
Consumer Cyclical · KR · Market cap 6.8T KRW
Fair value as of: Jul 17, 2026
From 15 valuation models · updated 24 days ago
Fair value updated Jul 17, 2026, revised from 112,392 KRW to 112,530 KRW (+0.1%) since Jul 6, 2026. Share price +4.4% over the past month.
A solid business, screening 18% undervalued on our models.
What matters now
- The model range is unusually wide (64,919 KRW to 242,232 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Our model range runs from 64,919 KRW (bear) to 242,232 KRW (bull), base 112,530 KRW. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 52/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.
How to read this chart
60‑month range 36,529 KRW – 109,289 KRW · fair‑value band 64,919 KRW – 242,232 KRW · the 95,700 KRW price screens below the 112,530 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.
Analysis
COWAY Co (021240) currently trades at 95,700 KRW, while our model-based Fair Value estimate is 112,530 KRW, implying the stock looks roughly 17.6% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Cyclical 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, COWAY Co generated revenue of 5.1T KRW at a net margin of 12.9%. Revenue grew 13.2% year over year. It earns a return on equity of 19.3%. Net debt stands at 1.9T KRW. Fundamentals as of Jul 17, 2026
Our scenario range runs from 64,919 KRW (bear case) to 242,232 KRW (bull case); at 95,700 KRW, the current price sits within 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 14% below its 52-week high and 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 8% fair-value upside, at 18%, 021240 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.
All 15 models by family
Widest divergence: DCF Models (215,221 KRW) versus Asset-Based (34,525 KRW). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 50 · Market factors (momentum, volatility) 56
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
COWAY Co., Ltd. engages in the production and sale of environmental home appliances in South Korea and internationally. The company provides air purifiers, water purifiers, bidets, juicers, water softeners, electric range, dehumidifier, humidifiers, kitchen/home appliances, mattress/massage chair, and filter/consumables; and Smart Air Care service, which …
Full company description
COWAY Co., Ltd. engages in the production and sale of environmental home appliances in South Korea and internationally. The company provides air purifiers, water purifiers, bidets, juicers, water softeners, electric range, dehumidifier, humidifiers, kitchen/home appliances, mattress/massage chair, and filter/consumables; and Smart Air Care service, which provides customized solution for air conditioning. It also offers cosmetic products and rental services for its home appliances products. In addition, the company provides product management services, such as product cleaning and mattress maintenance; digital services, including IoCare application; and other services, consisting of filter recovery, water quality testing, and braille information. Further, it engages in the manufacturing of furniture and water treatment equipment; and the construction and operation of industrial water supply. The company distributes its products through door-to-door sales organizations, commercial distribution, online channels, and directly managed stores. COWAY Co., Ltd. was founded in 1989 and is headquartered in Gongju-si, South Korea.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
COWAY Co reported revenue of 5.0T KRW in FY2025 versus 3.7T KRW in FY2021, a compound +7.9%/yr. Reported net income was 618B KRW in FY2025, compounding +7.3%/yr from FY2021.
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Peer Group
Furnishings, Fixtures & Appliances · 311 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.
Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Midea Group 000333 | ¥82.71 | ¥107.22 | +30% |
| Gree Electric Appliances, Inc 000651 | ¥38.25 | ¥88.02 | +130% |
| Haier Smart Home Co 600690 | ¥21.46 | ¥36.04 | +68% |
| King Slide Works Co 2059 | 8,655 TWD | 1,917 TWD | -78% |
| Guangdong Songfa Ceramics Co 603268 | ¥155.59 | ¥38.95 | -75% |
| SharkNinja, Inc SN | $154.53 | $89.07 | -42% |
| Hisense Home Appliances Group 000921 | ¥26.33 | ¥48.03 | +82% |
| Zhejiang Supor Co 002032 | ¥43.85 | ¥44.84 | +2% |
| Ecovacs Robotics Co 603486 | ¥50.13 | ¥54.11 | +8% |
| Voltas Limited VOLTAS | ₹1,350 | ₹185.71 | -86% |
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Frequently asked questions
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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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