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Shinsegae International Co (031430) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 392B KRW

SI Shinsegae International Co 031430 · KO
Price11,580 KRW
Fair Value2,718 KRW
Upside-76.5%
Quality53/100
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Weak Growth
Thin margins · 1.2% net margin
Low debt · negative free cash flow
3.57% dividend yield
Trails peers (3/10)
Narrow moat 21/100
Evidence: Medium Range 2,039 KRW – 3,398 KRW Share as image

Fair value as of: Jul 22, 2026

From 9 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 2,716 KRW to 2,718 KRW (+0.1%) since Jul 6, 2026. Share price −8.4% over the past month.

A solid business, but screening 77% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3,398 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

41,699 KRW 8,603 KRW Fair Value 2,718 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 8,603 KRW – 41,699 KRW · fair‑value band 2,039 KRW – 3,398 KRW · the 11,580 KRW price screens above the 2,718 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

Shinsegae International Co (031430) currently trades at 11,580 KRW, while our model-based Fair Value estimate is 2,718 KRW, implying the stock looks roughly 76.5% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Consumer Cyclical 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, Shinsegae International Co generated revenue of 1.2T KRW at a net margin of 1.2%. Revenue grew 15.7% year over year. It earns a return on equity of 0.4%. Net debt stands at 257B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 2,039 KRW (bear case) to 3,398 KRW (bull case); at 11,580 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 32% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -3% fair-value upside, at -77%, 031430 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (726.90 KRW to 16,173 KRW). Read the values as a conservative anchor, not as a price target.
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 16,501 KRW 15,219 KRW 10,933 KRW 76
Growth-Adj P/E 1,437 KRW 2,053 KRW 2,669 KRW 68
P/E Multiple 2,039 KRW 2,718 KRW 3,398 KRW 63
All 9 models by family
DCF Models
Owner Earnings 726.90 KRW 2,423 KRW 31
Earnings-Based
Graham-Dodd 840.13 KRW 1,307 KRW 1,565 KRW 54
Multiples
P/E Multiple 2,039 KRW 2,718 KRW 3,398 KRW 63
P/S Multiple 1,575 KRW 2,100 KRW 2,625 KRW 58
P/B Multiple 1,575 KRW 2,100 KRW 2,625 KRW 55
EV/EBITDA 10,926 KRW 15,313 KRW 19,700 KRW 54
Asset-Based
NCAV (Graham) 12,069 KRW 16,173 KRW 24,138 KRW 50
Economic Profit
Residual Income 16,501 KRW 15,219 KRW 10,933 KRW 76
Growth Earnings
Growth-Adj P/E 1,437 KRW 2,053 KRW 2,669 KRW 68

Widest divergence: Asset-Based (16,173 KRW) versus DCF Models (726.90 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.2T KRW
Revenue growth (YoY) +15.7%
Net margin 1.2%
Return on equity 0.4%
Free cash flow −29.7B KRW FY2025
Operating margin 5.0%
More key figures
Dividend yield 3.6%
EPS growth (YoY) +215%
Net debt 257B KRW FY2025

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 53 · Market factors (momentum, volatility) 38

Profitability 38
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 27
Distance to the 52-week high (market factor)
Net Issuance 87
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

Shinsegae International Co., Ltd. operates department stores and hypermarkets in South Korea. It offers fashion, beauty, and lifestyle brands. It also operates S.I.VILLAGE, an online shopping store that provides fashion and beauty brands; and engages in the licensing business. The company was founded in 1980 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shinsegae International Co reported revenue of 1.1T KRW in FY2025 versus 1.5T KRW in FY2021, a compound −6.5%/yr. Reported net income was 4.3B KRW in FY2025, compounding −52.2%/yr from FY2021.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.1T KRW
Latest YoY
+3.4%
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.
−10.6%
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.
−3.5%
Avg. growth/yr (13Y) 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.
+2.6%
Revenue −6.5%/yr
FY21 1.5T KRW
FY22 1.6T KRW
FY23 1.4T KRW
FY24 1.1T KRW
FY25 1.1T KRW
Net income −52.2%/yr
FY21 82.1B KRW
FY22 118B KRW
FY23 39.2B KRW
FY24 32.5B KRW
FY25 4.3B KRW

031430 screens 77% overvalued. Compare with H & M Hennes & Mauritz AB →

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Cite: Fair Value Calculator (2026). "Shinsegae International Co Fair Value". https://www.fairvalue-calculator.com/stock/031430

Peer Group

Apparel Manufacturing · 212 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 53 · Below median
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 0% · Below median
Return on assets 0% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 16% · Top 25%
Dividend yield (TTM) 3.6% · Above median
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Apparel Manufacturing median · lower = cheaper

EV/EBITDA 1.3× · 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 0 · sector 32
FUTURE 79 · sector 4
PAST 2 · sector 21
HEALTH 93 · sector 98
DIVIDEND 71 · sector 49

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 Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 163.45 kr 165.47 +1%
Ralph Lauren Corporation RL $374.08 $224.21 -40%
Moncler S.p.A MONC €52.08 €50.69 -3%
Gildan Activewear Inc GIL C$73.17 C$32.85 -55%
LPP SA LPP 19,380 PLN 17,754 PLN -8%
Bosideng International Holdings 3998 HK$4.88 HK$5.92 +21%
Youngor Fashion Co 600177 ¥7.57 ¥5.59 -26%
Page Industries Limited PAGEIND ₹39,900 ₹12,395 -69%
Hla Group 600398 ¥6.05 ¥9.92 +64%
Eclat Textile Co 1476 333.50 TWD 357.81 TWD +7%

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Frequently asked questions

Is Shinsegae International Co (031430) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 2,718 KRW versus a price of 11,580 KRW, about −77% (overvalued).
What is the fair value of 031430?
Our model-based fair value for Shinsegae International Co is 2,718 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 11,580 KRW.
What is the quality score of 031430?
Shinsegae International Co has a Quality Score of 53/100. 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 Shinsegae International Co (031430)?
Shinsegae International Co reported trailing-twelve-month revenue of about 1.2T KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 031430?
The net profit margin of Shinsegae International Co is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.
Does Shinsegae International Co pay a dividend?
Shinsegae International Co currently shows a dividend yield of about 2.76% 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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