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Lee Ku Industrial Co (025820) Fair Value & Analysis

Industrials · KR · Market cap 126B KRW

LK Lee Ku Industrial Co 025820 · KO
Price4,540 KRW
Fair Value3,358 KRW
Upside-26.0%
Quality47/100
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Expensive Growth
Thin margins · 4.0% net margin
Low debt · negative free cash flow
2.42% dividend yield
Ranks above peers (8/9)
Moderate moat 45/100
Evidence: Medium Range 1,916 KRW – 4,181 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 6,857 KRW to 3,358 KRW (−51.0%) since Jul 6, 2026. Share price +13.2% over the past month.

Below-average quality, and screening another 26% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (4,181 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1,916 KRW to 4,181 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

7,654 KRW 2,272 KRW Fair Value 3,358 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 2,272 KRW – 7,654 KRW · fair‑value band 1,916 KRW – 4,181 KRW · the 4,540 KRW price screens above the 3,358 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

Lee Ku Industrial Co (025820) currently trades at 4,540 KRW, while our model-based Fair Value estimate is 3,358 KRW, implying the stock looks roughly 26.0% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, Lee Ku Industrial Co generated revenue of 530B KRW at a net margin of 4.0%. Revenue grew 17.6% year over year. It earns a return on equity of 14.4%. Net debt stands at 135B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,916 KRW (bear case) to 4,181 KRW (bull case); at 4,540 KRW, the current price sits above 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 37% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at -26%, 025820 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
Residual Income 3,579 KRW 3,801 KRW 4,180 KRW 76
ROIC Compounder 7,132 KRW 9,437 KRW 12,470 KRW 72
Growth-Adj P/E 3,911 KRW 5,588 KRW 7,264 KRW 68
All 15 models by family
DCF Models
Owner Earnings 3,219 KRW 5,331 KRW 8,824 KRW 31
Earnings-Based
Graham-Dodd 2,220 KRW 8,978 KRW 12,215 KRW 54
Lynch FV 2,242 KRW 3,203 KRW 4,164 KRW 50
PEG = 1.0 2,242 KRW 3,203 KRW 4,164 KRW 46
EPV 6,488 KRW 7,531 KRW 8,443 KRW 59
Multiples
P/E Multiple 5,143 KRW 6,857 KRW 8,572 KRW 63
P/S Multiple 4,163 KRW 5,551 KRW 6,939 KRW 58
P/B Multiple 4,163 KRW 5,551 KRW 6,939 KRW 55
EV/EBIT 9,538 KRW 12,640 KRW 15,742 KRW 53
EV/EBITDA 8,949 KRW 11,855 KRW 14,760 KRW 54
EV/Revenue 6,874 KRW 9,720 KRW 12,567 KRW 43
Asset-Based
NCAV (Graham) 2,178 KRW 2,918 KRW 4,355 KRW 50
Economic Profit
Residual Income 3,579 KRW 3,801 KRW 4,180 KRW 76
ROIC Compounder 7,132 KRW 9,437 KRW 12,470 KRW 72
Growth Earnings
Growth-Adj P/E 3,911 KRW 5,588 KRW 7,264 KRW 68

Widest divergence: Multiples (6,857 KRW) versus Asset-Based (2,918 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 530B KRW
Revenue growth (YoY) +17.6%
Net margin 4.0%
Return on equity 14.4%
Free cash flow −13.1B KRW FY2025
Operating margin 14.0%
More key figures
Dividend yield 2.0%
EPS growth (YoY) -24.8%
Net debt 135B KRW FY2025

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

Quality Score breakdown

Overall quality 47/100

Of which business quality 43 · Market factors (momentum, volatility) 24

Profitability 41
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 35
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 23
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

Lee Ku Industrial Co., Ltd. operates in the non-ferrous material industry in South Korea. It offers oxygen-free, tough pitch, and phosphorus deoxidized copper; red brass; brass; phosphor bronze; and other alloys, including detonator brass, naval brass, tin brass, tin copper, LEEKU ferrous copper, and CuFe2P.

Full company description

Lee Ku Industrial Co., Ltd. operates in the non-ferrous material industry in South Korea. It offers oxygen-free, tough pitch, and phosphorus deoxidized copper; red brass; brass; phosphor bronze; and other alloys, including detonator brass, naval brass, tin brass, tin copper, LEEKU ferrous copper, and CuFe2P. The company was founded in 1968 and is headquartered in Pyeongtaek-Si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lee Ku Industrial Co reported revenue of 508B KRW in FY2025 versus 334B KRW in FY2021, a compound +11.0%/yr. Reported net income was 10.9B KRW in FY2025, compounding −15.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
508B KRW
Latest YoY
+7.5%
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.
+5.7%
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.
+20.1%
Avg. growth/yr (12Y) 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.
+6.3%
Revenue +11.0%/yr
FY21 334B KRW
FY22 430B KRW
FY23 433B KRW
FY24 472B KRW
FY25 508B KRW
Net income −15.1%/yr
FY21 21.1B KRW
FY22 5.7B KRW
FY23 656M KRW
FY24 12.6B KRW
FY25 10.9B KRW

025820 screens 26% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "Lee Ku Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/025820

Peer Group

Metal Fabrication · 243 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 47 · Below median
Fair Value upside −26% · Above median
Return on equity (TTM) 14% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 14% · Top 25%
Revenue growth 18% · Above median
Dividend yield (TTM) 2.4% · Above median
Debt / equity 0.00× · Lower 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 0 · sector 0
FUTURE 88 · sector 37
PAST 58 · sector 21
HEALTH 100 · sector 95
DIVIDEND 48 · sector 25

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.

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Frequently asked questions

Is Lee Ku Industrial Co (025820) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 3,358 KRW versus a price of 4,540 KRW, about −26% (overvalued).
What is the fair value of 025820?
Our model-based fair value for Lee Ku Industrial Co is 3,358 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 4,540 KRW.
What is the quality score of 025820?
Lee Ku Industrial Co has a Quality Score of 47/100. 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 Lee Ku Industrial Co (025820)?
Lee Ku Industrial Co reported trailing-twelve-month revenue of about 530B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 025820?
The net profit margin of Lee Ku Industrial Co is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.
Does Lee Ku Industrial Co pay a dividend?
Lee Ku Industrial Co currently shows a dividend yield of about 1.99% 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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