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Dongsung FineTec Co (033500) Fair Value & Analysis

Basic Materials · KR · Market cap 478B KRW

DF Dongsung FineTec Co 033500 · KQ
Price17,660 KRW
Fair Value18,475 KRW
Upside+4.6%
Quality65/100
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Mixed Growth
Thin margins · 2.8% net margin
Low debt · generates free cash flow
1.36% dividend yield
Ranks above peers (6/9)
Narrow moat 39/100
Evidence: High Range 13,856 KRW – 26,767 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 35,207 KRW to 18,475 KRW (−47.5%) since Jun 25, 2026. Share price +5.9% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (13,856 KRW to 26,767 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

33,598 KRW 8,694 KRW Fair Value 18,475 KRW Feb 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 8,694 KRW – 33,598 KRW · fair‑value band 13,856 KRW – 26,767 KRW · the 17,660 KRW price screens below the 18,475 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

Dongsung FineTec Co (033500) currently trades at 17,660 KRW, while our model-based Fair Value estimate is 18,475 KRW, implying the stock looks roughly 4.6% fairly valued today. The Quality Score stands at 65/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, Dongsung FineTec Co generated revenue of 411B KRW at a net margin of 2.8%. Revenue grew 29.3% year over year. Net debt stands at 6.1B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 13,856 KRW (bear case) to 26,767 KRW (bull case); at 17,660 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. The share trades about 48% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 5%, 033500 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 38,684 KRW 71,172 KRW 132,190 KRW 80
Residual Income 14,268 KRW 19,012 KRW 91,963 KRW 76
Rev-Margin DCF 30,826 KRW 52,480 KRW 81,724 KRW 74
All 24 models by family
DCF Models
FCF DCF 39,244 KRW 75,393 KRW 144,917 KRW 38
Owner Earnings 31,304 KRW 59,621 KRW 114,083 KRW 31
5Y Revenue Exit 30,826 KRW 53,144 KRW 84,067 KRW 39
5Y EBITDA Exit 29,388 KRW 50,056 KRW 76,424 KRW 41
5Y P/E Exit 30,951 KRW 53,411 KRW 79,780 KRW 38
10Y Revenue Exit 32,334 KRW 55,260 KRW 91,962 KRW 36
10Y EBITDA Exit 32,264 KRW 52,890 KRW 85,146 KRW 37
10Y P/E Exit 33,342 KRW 55,466 KRW 88,138 KRW 35
Earnings-Based
Graham-Dodd 14,083 KRW 74,681 KRW 103,412 KRW 54
Lynch FV 20,571 KRW 29,388 KRW 38,204 KRW 50
PEG = 1.0 20,571 KRW 29,388 KRW 38,204 KRW 46
EPV 26,801 KRW 31,072 KRW 34,868 KRW 59
Multiples
P/E Multiple 26,405 KRW 35,207 KRW 44,009 KRW 63
P/S Multiple 26,405 KRW 35,207 KRW 44,009 KRW 58
P/B Multiple 21,588 KRW 28,784 KRW 35,980 KRW 55
EV/EBIT 30,834 KRW 40,246 KRW 49,657 KRW 53
EV/EBITDA 26,649 KRW 34,665 KRW 42,681 KRW 54
EV/Revenue 27,070 KRW 37,557 KRW 48,044 KRW 43
Asset-Based
NCAV (Graham) 4,797 KRW 6,428 KRW 9,595 KRW 50
Growth DCF
Growth DCF 38,684 KRW 71,172 KRW 132,190 KRW 80
Rev-Margin DCF 30,826 KRW 52,480 KRW 81,724 KRW 74
Economic Profit
Residual Income 14,268 KRW 19,012 KRW 91,963 KRW 76
ROIC Compounder 30,329 KRW 39,920 KRW 52,143 KRW 72
Growth Earnings
Growth-Adj P/E 27,467 KRW 39,239 KRW 51,010 KRW 68

Widest divergence: DCF Models (53,411 KRW) versus Asset-Based (6,428 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 411B KRW
Revenue growth (YoY) +29.3%
Net margin 2.8%
Return on equity 2,067%
Free cash flow 68.6B KRW FY2025
Operating margin 5.7%
More key figures
Dividend yield 1.4%
EPS growth (YoY) -28.9%
Net debt 6.1B KRW FY2023

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 67 · Market factors (momentum, volatility) 15

Profitability 66
Margins and returns on capital today
Quality Growth 82
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 3
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 60
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

Dongsung FineTec Co., Ltd. engages in the manufacture and sale of LNG cryogenic insulation products in South Korea. The company offers essential materials, including R-PUF and membranes; and insulation products and solutions for LNGC pipes, vessel insulation, and LPG carrier tanks.

Full company description

Dongsung FineTec Co., Ltd. engages in the manufacture and sale of LNG cryogenic insulation products in South Korea. The company offers essential materials, including R-PUF and membranes; and insulation products and solutions for LNGC pipes, vessel insulation, and LPG carrier tanks. It also provides polyurethane systems, metal panels, containers, and refrigerants, as well as ultralow-temperature cold insulation materials. Dongsung FineTec Co., Ltd. was founded in 1985 and is headquartered in Busan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dongsung FineTec Co reported revenue of 742B KRW in FY2025 versus 365B KRW in FY2021, a compound +19.4%/yr. Reported net income was 55.9B KRW in FY2025, compounding +20.5%/yr from FY2021.

Growth Quality 87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
742B KRW
Latest YoY
+24.2%
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.
+19.6%
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.
+13.9%
Avg. growth/yr (23Y) 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.
+8.1%
Revenue +19.4%/yr
FY21 365B KRW
FY22 434B KRW
FY23 534B KRW
FY24 597B KRW
FY25 742B KRW
Net income +20.5%/yr
FY21 26.5B KRW
FY22 8.4B KRW
FY23 29.8B KRW
FY24 39.3B KRW
FY25 55.9B KRW

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Cite: Fair Value Calculator (2026). "Dongsung FineTec Co Fair Value". https://www.fairvalue-calculator.com/stock/033500

Peer Group

Chemicals · 333 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 65 · Top 25%
Fair Value upside +5% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth 29% · Top 25%
Dividend yield (TTM) 1.4% · Below median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Chemicals 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 39 · sector 0
FUTURE 100 · sector 20
PAST 0 · sector 19
HEALTH 98 · sector 94
DIVIDEND 27 · sector 28

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

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is Dongsung FineTec Co (033500) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 18,475 KRW versus a price of 17,660 KRW, about +5% (fairly valued).
What is the fair value of 033500?
Our model-based fair value for Dongsung FineTec Co is 18,475 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 17,660 KRW.
What is the quality score of 033500?
Dongsung FineTec Co has a Quality Score of 65/100. 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 Dongsung FineTec Co (033500)?
Dongsung FineTec Co reported trailing-twelve-month revenue of about 411B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 033500?
The net profit margin of Dongsung FineTec Co is about 2.8%, meaning it keeps roughly 2.8% of revenue as net income. Based on the latest reported figures.
Does Dongsung FineTec Co pay a dividend?
Dongsung FineTec Co currently shows a dividend yield of about 1.36% 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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