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seha corporation (027970) Fair Value & Analysis

Basic Materials · KR · Market cap 101B KRW

SC seha corporation 027970 · KO
Price2,750 KRW
Fair Value4,400 KRW
Upside+60.0%
Quality33/100
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Mixed Growth
Loss-making · -11.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 17/100
Evidence: Medium Range 3,044 KRW – 4,400 KRW Share as image

Fair value as of: Aug 17, 2026

From 13 valuation models · updated today

Fair value updated Aug 17, 2026, revised from 2,609 KRW to 4,400 KRW (+68.7%) since Aug 13, 2026. Share price +1.7% over the past month.

Below-average quality, screening 60% undervalued on our models.

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What matters now

  • The large discount to fair value meets weak quality (33/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (3,044 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

12,375 KRW 536.00 KRW Fair Value 4,400 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 17, 2026.

How to read this chart

60‑month range 536.00 KRW – 12,375 KRW · fair‑value band 3,044 KRW – 4,400 KRW · the 2,750 KRW price screens below the 4,400 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 17, 2026.

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Analysis

seha corporation (027970) currently trades at 2,750 KRW, while our model-based Fair Value estimate is 4,400 KRW, implying the stock looks roughly 60.0% undervalued today. The Quality Score stands at 33/100 (below-average quality), in the Basic Materials 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: medium), always confirm before acting.

Over the trailing twelve months, seha corporation generated revenue of 754B KRW at a net margin of -11.2%. Revenue declined 0.1% year over year. It earns a return on equity of -20.9%. Net debt stands at 135B KRW. Fundamentals as of Aug 17, 2026

Our scenario range runs from 3,044 KRW (bear case) to 4,400 KRW (bull case); at 2,750 KRW, the current price sits below 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 0% fair-value upside, at 60%, 027970 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
Growth DCF 3,234 KRW 6,330 KRW 12,217 KRW 80
Rev-Margin DCF 1,090 KRW 1,553 KRW 2,222 KRW 74
ROIC Compounder 172.89 KRW 196.35 KRW 216.88 KRW 72
All 13 models by family
DCF Models
FCF DCF 3,387 KRW 5,697 KRW 12,271 KRW 38
5Y Revenue Exit 1,090 KRW 1,438 KRW 2,020 KRW 39
5Y EBITDA Exit 1,331 KRW 1,960 KRW 3,042 KRW 41
10Y Revenue Exit 1,757 KRW 2,531 KRW 3,172 KRW 36
10Y EBITDA Exit 1,933 KRW 2,985 KRW 4,617 KRW 37
Earnings-Based
EPV 172.89 KRW 196.35 KRW 216.88 KRW 59
Multiples
EV/EBIT 204.56 KRW 262.04 KRW 319.52 KRW 53
EV/EBITDA 533.96 KRW 701.24 KRW 868.52 KRW 54
EV/Revenue 181.57 KRW 245.62 KRW 309.67 KRW 43
Asset-Based
NCAV (Graham) 1,068 KRW 1,431 KRW 2,136 KRW 50
Growth DCF
Growth DCF 3,234 KRW 6,330 KRW 12,217 KRW 80
Rev-Margin DCF 1,090 KRW 1,553 KRW 2,222 KRW 74
Economic Profit
ROIC Compounder 172.89 KRW 196.35 KRW 216.88 KRW 72

Widest divergence: DCF Models (2,531 KRW) versus Earnings-Based (196.35 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 754B KRW
Revenue growth (YoY) -0.1%
Net margin -11.2%
Return on equity -20.9%
Free cash flow 40.7B KRW FY2025
Operating margin 2.3%
More key figures
EPS growth (YoY) -32.1%
Net debt 135B KRW FY2025

Figures from reported company fundamentals · as of Aug 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 37 · Market factors (momentum, volatility) 30

Profitability 22
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 40
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

Hankuk Paper Mfg. Co., Ltd produces and sells various paper products in South Korea. The company offers printing and writing papers, including wood-free, special wood-free, MFC, art, and rough glass papers; and copying papers.

Full company description

Hankuk Paper Mfg. Co., Ltd produces and sells various paper products in South Korea. The company offers printing and writing papers, including wood-free, special wood-free, MFC, art, and rough glass papers; and copying papers. It also provides specialty papers, such as wallpapers, release papers, labels, packaging papers, transfer base papers, color papers, high speed digital inkjet papers, food papers, interleaving papers, fancy papers, information papers, and other specialty barrier coated papers, as well as pulp boards. In addition, it offers industrial paper, food wrapping/functional papers, and transfer papers. The company was formerly known as Hankuk Special Paper Manufacturing Co., Ltd. and changed its name to Hankuk Paper Mfg. Co., Ltd in December 1966. Hankuk Paper Mfg. Co., Ltd was founded in 1958 and is headquartered in Ulsan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

seha corporation reported revenue of 754B KRW in FY2025 versus 204B KRW in FY2021, a compound +38.6%/yr. Reported net income was −33.5B KRW in FY2025.

Growth Quality 56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
754B KRW
Latest YoY
−4.8%
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.
+49.1%
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.
+31.8%
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.
+13.0%
Revenue +38.6%/yr
FY21 204B KRW
FY22 227B KRW
FY23 712B KRW
FY24 792B KRW
FY25 754B KRW
Net income
FY21 10.2B KRW
FY22 2.3B KRW
FY23 −66.6B KRW
FY24 4.1B KRW
FY25 −33.5B KRW

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Cite: Fair Value Calculator (2026). "seha corporation Fair Value". https://www.fairvalue-calculator.com/stock/027970

Peer Group

Paper & Paper Products · 115 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 33 · Bottom 25%
Fair Value upside +60% · Top 25%
Return on assets 0% · Below median
Net margin (TTM) -11% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth -0% · Below median
Dividend yield (TTM) 4.3% · Above median
Debt / equity 0.03× · Lower than 75% of peers

Valuation Multiples vs Paper & Paper Products median · lower = cheaper

P/FCF 0.0× · Cheaper 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 100 · sector 27
FUTURE 0 · sector 4
PAST 0 · sector 12
HEALTH 99 · sector 91
DIVIDEND 86 · sector 54

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 Paper & Paper Products stocks, each showing price versus our Fair Value estimate (as of Aug 17, 2026).

Stock Price Fair Value vs Fair Value
Klabin S.A KLBN11 R$17.55 R$3.80 -78%
UPM-Kymmene Oyj UPM €23.18 €14.21 -39%
Suzano S.A SUZ $8.02 $23.77 +196%
Svenska Cellulosa Aktiebolaget SCA (publ) SCAB kr 109.40 kr 49.40 -55%
Shandong Sunpaper Co 002078 ¥13.94 ¥17.29 +24%
Holmen AB HOLMB kr 314.00 kr 217.72 -31%
Nine Dragons Paper (Holdings) Limited 2689 HK$8.21 HK$8.74 +6%
Empresas CMPC S.A CMPC 1,000 CLP 1,253 CLP +25%
Xianhe Co 603733 ¥21.11 ¥21.06 -0%
Billerud AB BILL kr 77.60 kr 48.60 -37%

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Frequently asked questions

Is seha corporation (027970) overvalued or undervalued?
As of Aug 17, 2026, our model estimates a fair value of 4,400 KRW versus a price of 2,750 KRW, about +60% (undervalued).
What is the fair value of 027970?
Our model-based fair value for seha corporation is 4,400 KRW (as of Aug 17, 2026), built from audited fundamentals. The current price is 2,750 KRW.
What is the quality score of 027970?
seha corporation has a Quality Score of 33/100. 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 seha corporation (027970)?
seha corporation reported trailing-twelve-month revenue of about 754B KRW (latest available figure, as of Aug 17, 2026).
What is the net profit margin of 027970?
The net profit margin of seha corporation is about -11.2%, 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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