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Cubic Korea Inc (021650) Fair Value & Analysis

Industrials · KR · Market cap 33.3B KRW

CK Cubic Korea Inc 021650 · KQ
Price2,060 KRW
Fair Value5,967 KRW
Upside+189.7%
Quality51/100
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Evidence: High Range 3,777 KRW – 7,459 KRW

Fair value as of: Jul 6, 2026

From 22 valuation models · updated today

Fair value updated Jul 6, 2026 — revised from 6,184 KRW to 5,967 KRW (−3.5%) since Jun 24, 2026. Share price +4.0% over the past month.

Price vs Fair Value (12 months)

2,510 KRW 1,952 KRW Fair Value 5,967 KRW Jun 2025 Jul 2026

12‑month range 1,952 KRW – 2,510 KRW · fair‑value band 3,777 KRW – 7,459 KRW · the 2,060 KRW price screens below the 5,967 KRW fair value. As of Jul 6, 2026.

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Analysis

Cubic Korea Inc (021650) currently trades at 2,060 KRW, while our model-based Fair Value estimate is 5,967 KRW — implying the stock looks roughly 189.7% undervalued today. We read business quality at 51/100 (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: high) — always confirm before acting.

Over the trailing twelve months, Cubic Korea Inc generated revenue of 221B KRW at a net margin of 1.9%. Revenue declined 9.9% year over year. It earns a return on equity of 4.3%. Net debt stands at 2.1B KRW. Fundamentals as of Jul 6, 2026

Our scenario range runs from 3,777 KRW (bear case) to 7,459 KRW (bull case); at 2,060 KRW, the current price sits below that range. The share trades about 18% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -29% fair-value upside — at 190%, 021650 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 221B KRW
Revenue growth (YoY) -9.9%
Net margin 1.9%
Return on equity 4.3%
Free cash flow 141M KRW FY2025
Operating margin 3.2%
More key figures
Dividend yield 4.9%
EPS growth (YoY) -17.3%
Net debt 2.1B KRW FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 6, 2026. TTM = trailing twelve months.

About the company

Cubic Korea Inc. engages in curved surface printing business in South Korea and internationally. The company develops printing patterns to plastic molded parts, aluminum, metal components, and urethane materials. It also engages in developing, manufacturing, and producing automobile exterior and interior parts, including radiator grilles, moldings, steering wheels, wheel caps, emblems, etc. Cubic Korea Inc. was founded in 1989 and is headquartered in Ansan-si, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cubic Korea Inc reported revenue of 227B KRW in FY2025 versus 172B KRW in FY2021, a compound +7.2%/yr. Reported net income was 4.6B KRW in FY2025, compounding −11.5%/yr from FY2021.

Revenue +7.2%/yr
FY21 172B KRW
FY22 210B KRW
FY23 252B KRW
FY24 252B KRW
FY25 227B KRW
Net income −11.5%/yr
FY21 7.5B KRW
FY22 6.5B KRW
FY23 8.3B KRW
FY24 9.7B KRW
FY25 4.6B KRW

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Cite: Fair Value Calculator (2026). "Cubic Korea Inc Fair Value". https://www.fairvalue-calculator.com/stock/021650

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Frequently asked questions

Is Cubic Korea Inc (021650) undervalued?
As of Jul 6, 2026, our model estimates a fair value of 5,967 KRW versus a price of 2,060 KRW — about +190% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 021650?
Our model-based fair value for Cubic Korea Inc is 5,967 KRW (as of Jul 6, 2026), built from audited fundamentals. The current price is 2,060 KRW.
What is the quality score of 021650?
Cubic Korea Inc has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Cubic Korea Inc (021650)?
Cubic Korea Inc reported trailing-twelve-month revenue of about 221B KRW (latest available figure, as of Jul 6, 2026).
What is the net profit margin of 021650?
The net profit margin of Cubic Korea Inc is about 1.9%, meaning it keeps roughly 1.9% of revenue as net income. Based on the latest reported figures.
Does Cubic Korea Inc pay a dividend?
Cubic Korea Inc currently shows a dividend yield of about 4.89% relative to its recent price (as of Jul 6, 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.