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Dongil Steel Co. Ltd (023790) Fair Value & Analysis

Basic Materials · KR · Market cap 20.7B KRW

DS Dongil Steel Co. Ltd 023790 · KQ
Price1,403 KRW
Fair Value1,021 KRW
Upside-27.2%
Quality48/100
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Weak Growth
Loss-making · -174.9% net margin
Low debt · negative free cash flow
Trails peers (2/7)
Narrow moat 16/100
Evidence: Low Range 762.25 KRW – 1,525 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 6 days ago

Fair value updated Aug 13, 2026, revised from 1,034 KRW to 1,021 KRW (−1.2%) since Jul 20, 2026. Share price −17.9% over the past month.

Below-average quality, and screening another 27% overvalued on our models.

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What matters now

  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (762.25 KRW to 1,525 KRW) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

11,675 KRW 1,010 KRW Fair Value 1,021 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 1,010 KRW – 11,675 KRW · fair‑value band 762.25 KRW – 1,525 KRW · the 1,403 KRW price screens above the 1,021 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Dongil Steel Co. Ltd (023790) currently trades at 1,403 KRW, while our model-based Fair Value estimate is 1,021 KRW, implying the stock looks roughly 27.2% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 30.6B KRW. Revenue declined 12.7% year over year. Net debt stands at 37.4B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 762.25 KRW (bear case) to 1,525 KRW (bull case); at 1,403 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. For context, the median of 10 Basic Materials peers we cover trades at -19% fair-value upside, at -27%, 023790 screens richer 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
NCAV (Graham) 771.77 KRW 1,034 KRW 1,544 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 771.77 KRW 1,034 KRW 1,544 KRW 50

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Key figures & financial health

Revenue (TTM) 30.6B KRW
Revenue growth (YoY) -12.7%
Net margin -175%
Return on equity -4,009%
Free cash flow −650M KRW FY2025
Operating margin 2.2%
More key figures
Net debt 37.4B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 43 · Market factors (momentum, volatility) 15

Profitability 4
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 22
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 100
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

Dongil Steel Co., Ltd. manufactures and sells iron and steel products for various industries in South Korea. It offers cold drawn steel round, square, hexagonal, and rectangular bars. The company also provides hot rolled steel round and square bars; angle products, such as angle and rolling shape steel products; and channels.

Full company description

Dongil Steel Co., Ltd. manufactures and sells iron and steel products for various industries in South Korea. It offers cold drawn steel round, square, hexagonal, and rectangular bars. The company also provides hot rolled steel round and square bars; angle products, such as angle and rolling shape steel products; and channels. It exports its products to the United States, Southeast Asia, and the Middle East Asian countries. Dongil Steel Co., Ltd. was founded in 1967 and is based in Busan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dongil Steel Co. Ltd reported revenue of 24.0B KRW in FY2025 versus 34.4B KRW in FY2021, a compound −8.5%/yr. Reported net income was −6.2B KRW in FY2025.

Growth Quality 15/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
24.0B KRW
Latest YoY
+44.6%
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.
−9.3%
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.
+1.9%
Avg. growth/yr (11Y) 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.
−4.4%
Revenue −8.5%/yr
FY21 34.4B KRW
FY22 32.2B KRW
FY23 21.5B KRW
FY24 16.6B KRW
FY25 24.0B KRW
Net income
FY21 −25.1B KRW
FY22 −15.6B KRW
FY23 −22.3B KRW
FY24 −5.0B KRW
FY25 −6.2B KRW

023790 screens 27% overvalued. Compare with 541195 →

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Cite: Fair Value Calculator (2026). "Dongil Steel Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/023790

Peer Group

Metals & Mining · 25 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 43 · Bottom 25%
Fair Value upside −27% · Below median
Return on assets 0% · Top 25%
Net margin (TTM) -175% · Bottom 25%
Operating margin (TTM) 2% · Top 25%
Revenue growth -13% · Bottom 25%
Debt / equity 0.21× · Higher than median

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
VALUE0 · sector 13
FUTURE0 · sector 0
PAST0 · sector 0
HEALTH90 · sector 98
DIVIDEND0 · sector 64

VALUE 0: the price sits above our fair-value range.

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 Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
541195 541195 ₹437.65 ₹225.16 -49%
PX PX 7.08 PHP 4.38 PHP -38%
AT AT 8.30 PHP 26.74 PHP +222%
LCB LCB 0.1780 PHP 0.0300 PHP -83%
LC LC 0.1780 PHP 0.0200 PHP -89%
FNI FNI 2.15 PHP 3.26 PHP +52%
MARC MARC 0.6100 PHP 0.4100 PHP -33%
533047 533047 ₹1,398 ₹1,316 -6%
Tplex Co 081150 2,750 KRW 2,232 KRW -19%
Gyeongnam Steel Co 039240 1,969 KRW 3,114 KRW +58%

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Frequently asked questions

Is Dongil Steel Co. Ltd (023790) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1,021 KRW versus a price of 1,403 KRW, about −27% (overvalued).
What is the fair value of 023790?
Our model-based fair value for Dongil Steel Co. Ltd is 1,021 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 1,403 KRW.
What is the quality score of 023790?
Dongil Steel Co. Ltd has a Quality Score of 48/100. 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 Dongil Steel Co. Ltd (023790)?
Dongil Steel Co. Ltd reported trailing-twelve-month revenue of about 30.6B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 023790?
The net profit margin of Dongil Steel Co. Ltd is about -174.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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