Namhae Chemical (025860) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Namhae Chemical KRW 6,952, price KRW 6,070, upside +14.5%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Namhae Chemical for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
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 5,340 KRW – 15,712 KRW · fair‑value band 4,894 KRW – 9,038 KRW · the 6,070 KRW price screens below the 6,952 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.
Follow Namhae Chemical in your weekly email
Every Wednesday you see whether Namhae Chemical is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Namhae Chemical Corporation produces and sells agricultural chemical in South Korea and internationally. It offers fertilizers; and basic chemical products, such as ammonia, sulfuric acid, and urea. The company also operates gas stations, as well as supplies petroleum products, such as gasoline, diesel, and kerosene. In addition, it exports its products.
Show more
Namhae Chemical Corporation produces and sells agricultural chemical in South Korea and internationally. It offers fertilizers; and basic chemical products, such as ammonia, sulfuric acid, and urea. The company also operates gas stations, as well as supplies petroleum products, such as gasoline, diesel, and kerosene. In addition, it exports its products. The company was founded in 1974 and is headquartered in Yeosu-si, South Korea.
Stock analysis
Namhae Chemical (025860) currently trades at 6,070 KRW, while our model-based Fair Value estimate is 6,952 KRW, implying the stock looks roughly 12.7% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 10,336 KRW per share, and 18 of the 23 models we run sit above the 6,070 KRW price.
Bear case: the Earnings-Based group reads lowest at 4,235 KRW, and 5 of the 23 models stay below the price. Evidence for this calculation is medium.
Scenario range: 4,894 KRW (bear) to 9,038 KRW (bull), the price of 6,070 KRW sits inside 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 60/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Namhae Chemical reported revenue of 1.6T KRW in FY2025 versus 1.5T KRW in FY2021, a compound +2.5%/yr. Reported net income was 29.2B KRW in FY2025, compounding +7.7%/yr from FY2021.
Key figures
Market cap 291B KRW (≈ $214M) · P/S ratio 0.17 · Dividend yield 1.5% · Net margin 1.8% · Return on equity 2.0% · Return on assets (EBIT) 4.2% · Operating margin 0.0% · Revenue (TTM) 1.7T KRW.
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 48% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at 15%, 025860 screens cheaper than that median.
Fair Value models
Bear 4,894 KRWFair Value 6,952 KRWBull 9,038 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+5.6%
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.
−9.6%
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.
+9.7%
Start year 2020 (pandemic). Over 10 years: +3.2% a year
Revenue growth 25 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.
+4.0%
’12
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+7.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+6.1%
Dividend (yield on the price)1.5%
Profit margin 2020 to 2025 ⓘ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% → 3%
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+10.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +7.9% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Agricultural Inputs · 179 stocks
Beats the industry median on 5/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside+15% · Above median
Profitability
Return on equity (TTM)2% · Below median
Return on assets2% · Below median
Net margin (TTM)1% · Below median
Operating margin (TTM)0% · Bottom 25%
Growth and dividend
Revenue growth13% · Above median
Dividend yield (TTM)1.5% · Below median
Balance sheet
Debt / equity0.06× · Below median
Valuation Multiplesvs Agricultural Inputs median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Namhae Chemical Fair Value". https://www.fairvalue-calculator.com/stock/025860
Frequently asked questions
Is Namhae Chemical (025860) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 6,952 KRW versus a price of 6,070 KRW, about +15% upside (undervalued).
What is the fair value of 025860?
Our model-based fair value for Namhae Chemical is 6,952 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 6,070 KRW.
What is the quality score of 025860?
Namhae Chemical has a Quality Score of 60/100. 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 Namhae Chemical (025860)?
Our model-based price target is the fair value of 6,952 KRW (as of Sep 24, 2026) from 23 valuation models. Cautious scenario 4,894 KRW, optimistic scenario 9,038 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Namhae Chemical stock forecast for 2026?
Our models put fair value at 6,952 KRW, about +15% upside versus a price of 6,070 KRW (undervalued). Cautious scenario 4,894 KRW, optimistic scenario 9,038 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Namhae Chemical (025860)?
Namhae Chemical reported trailing-twelve-month revenue of about 1.7T KRW (latest available figure, as of Sep 24, 2026).
Does Namhae Chemical pay a dividend?
Namhae Chemical currently shows a dividend yield of about 1.48% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Namhae Chemical (025860)?
For today's price to be fair in a discounted-cash-flow model, Namhae Chemical would have to grow free cash flow by +10.2 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.7 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 025860 use?
Our models discount Namhae Chemical at 11.6 %: a base by market capitalisation (micro), damped by beta 0.34, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Namhae Chemical that is +10.2 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Namhae Chemical (025860) delivered so far?
Over the past 5 years revenue at Namhae Chemical grew +9.7 % a year. The price currently implies +10.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Namhae Chemical (025860) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into Namhae Chemical (+10.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Namhae Chemical (025860)?
The free-cash-flow yield on the price is 7.26 %: that much free cash flow Namhae Chemical produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Namhae Chemical (025860)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Namhae Chemical it is 6,952 KRW per share (as of Sep 24, 2026), against a price of 6,070 KRW. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Namhae Chemical stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 025860 trades below its calculated fair value: price 6,070 KRW, fair value 6,952 KRW, a gap of about +15% (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 025860?
No. The price is what the market pays today (6,070 KRW); the fair value is what the company's own numbers justify (6,952 KRW). For Namhae Chemical the two are 882.48 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Namhae Chemical worth?
The market values Namhae Chemical at about 291B KRW (market capitalisation, as of Sep 24, 2026). Per share that is 6,070 KRW; our models calculate a fair value of 6,952 KRW per share.
What do the bullish and bearish scenarios say about 025860?
Our models span a range for Namhae Chemical: cautious scenario 4,894 KRW, base 6,952 KRW, optimistic 9,038 KRW per share (as of Sep 24, 2026, price 6,070 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Namhae Chemical (025860)?
Balance-sheet figures for Namhae Chemical (as of Sep 24, 2026): return on equity 2.0%, debt of 0.06 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 025860 from its 52-week high?
Namhae Chemical trades at 6,070 KRW, about 48% below its 52-week high of 11,740 KRW and 14% above the low of 5,340 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 6,952 KRW is for.
Which stocks are comparable to Namhae Chemical?
From the same area (Basic Materials) we also value Corteva, Inc, Nutrien Ltd, Qinghai Salt Lake Industry Co, CF Industries Holdings, 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 Namhae Chemical stock attractive at the current price?
The data as of Sep 24, 2026: price 6,070 KRW, calculated fair value 6,952 KRW (+15%), Quality Score 60/100, from 23 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 025860 calculated?
We run Namhae Chemical through 23 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 6,952 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. Namhae Chemical currently trades 15 % 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 Namhae Chemical (025860)?
The closing price on Sep 23, 2026 was 6,070 KRW. Our model-based fair value is 6,952 KRW, about +15% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Namhae Chemical right now?
A fairly wide model range (4,894 KRW to 9,038 KRW) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Namhae Chemical
How large is the market capitalisation of Namhae Chemical (025860)?
The market capitalisation of Namhae Chemical is 291B KRW (≈ $214M). 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 Namhae Chemical (025860)?
The price-to-sales ratio of Namhae Chemical is 0.17 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Namhae Chemical (025860)?
The dividend yield of Namhae Chemical is 1.5%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Namhae Chemical (025860)?
The net margin of Namhae Chemical is 1.8% (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 Namhae Chemical (025860)?
The return on equity (ROE) of Namhae Chemical is 2.0% (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 Namhae Chemical (025860)?
On an EBIT basis the return on assets of Namhae Chemical is 4.2% (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 Namhae Chemical (025860)?
The operating margin of Namhae Chemical is 0.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Namhae Chemical (025860)?
Revenue at Namhae Chemical is growing +12.6% versus a year earlier (3y avg −9.6%). 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 Namhae Chemical (025860)?
Earnings per share at Namhae Chemical are growing +34.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Namhae Chemical (025860) carry?
The net debt of Namhae Chemical is 52.2B KRW (fiscal year 2025, ≈ 2.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Namhae Chemical in the live analysis
One click puts Namhae Chemical on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
