PlumbFast Co. Ltd (035200) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of PlumbFast Co. Ltd stock KRW 1,209, price KRW 2,375, that is 49.1% below the price, quality 58 out of 100. Rating: strongly overvalued. Calculated from audited financials with 21 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 4, 2026.
How to read this chart
60‑month range 2,370 KRW – 9,297 KRW · fair‑value band 1,061 KRW – 1,463 KRW · the 2,375 KRW price screens above the 1,209 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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PlumbFast Co., Ltd. manufactures and sells plastic plumbing materials in Korea. It offers polybutylene (PB) pipes; PB and brass fittings; PE-RT pipe coils; PPF pipes and fittings; and PF press fittings.
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The company also provides accessories, such as caps, O rings, grab rings, washers, sleeves, blank caps, pipe cutters, cap nuts, cleaning caps, and joining and dismantling tools. It serves construction, fishery, energy-saving, and other industries.
The company was formerly known as Dongyang Plastic Co.,Ltd. and changed its name to PlumbFast Co., Ltd. in March 2001. PlumbFast Co., Ltd. was founded in 1992 and is headquartered in Sejong, South Korea.
Stock analysis
PlumbFast Co. Ltd (035200) currently trades at 2,375 KRW, while our model-based Fair Value estimate is 1,209 KRW, 49% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 2,835 KRW per share, and 3 of the 21 models we run sit above the 2,375 KRW price.
Bear case: the Dividend Discount group reads lowest at 571.64 KRW, and 18 of the 21 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 1,061 KRW (bear) to 1,463 KRW (bull), the price of 2,375 KRW sits above 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 58/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
PlumbFast Co. Ltd reported revenue of 25.2B KRW in FY2025 versus 29.6B KRW in FY2021, a compound −3.9%/yr. Reported net income was 1.0B KRW in FY2025, compounding −16.8%/yr from FY2021.
Key figures
Market cap 19.4B KRW (≈ $14.3M) Micro · P/S ratio 0.61 · Dividend yield 2.2% · Net margin 5.8% · Return on equity 437% · Return on assets (EBIT) 3.0% (5-year average) · Operating margin 6.2% · Revenue (TTM) 30.7B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (medium confidence).
What moves the price
The share trades about 53% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −19% fair-value upside, at −49%, 035200 screens richer than that median.
Fair Value models
Bear1,061 KRWFair Value 1,209 KRWBull1,463 KRW
Price 2,375 KRW · Downside -49.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
Best data coverage
FCF DCF790.42 KRW909.32 KRW1,107 KRW82
Growth DCF802.92 KRW915.44 KRW1,088 KRW80
Owner Earnings1,773 KRW2,182 KRW2,864 KRW78
All 21 models by family
DCF Models
FCF DCF790.42 KRW909.32 KRW1,107 KRW82
Owner Earnings1,773 KRW2,182 KRW2,864 KRW78
5Y Revenue Exit798.24 KRW978.57 KRW1,240 KRW74
5Y EBITDA Exit581.66 KRW604.11 KRW634.07 KRW77
5Y P/E Exit1,386 KRW1,995 KRW2,719 KRW71
10Y Revenue Exit782.48 KRW906.05 KRW1,038 KRW68
10Y EBITDA Exit673.25 KRW696.76 KRW716.06 KRW70
10Y P/E Exit1,115 KRW1,474 KRW1,821 KRW65
Earnings-Based
Graham-Dodd742.38 KRW907.36 KRW1,021 KRW67
Dividend Discount
Gordon GGM505.60 KRW544.25 KRW601.65 KRW69
DDM Multi-Stage505.60 KRW599.03 KRW718.79 KRW67
Multiples
P/E Multiple1,719 KRW2,293 KRW2,866 KRW63
P/S Multiple1,392 KRW1,856 KRW2,320 KRW58
P/B Multiple2,575 KRW3,433 KRW4,291 KRW55
EV/EBITDA418.96 KRW429.01 KRW439.06 KRW67
EV/Revenue841.51 KRW1,036 KRW1,230 KRW54
Asset-Based
NCAV (Graham)1,871 KRW2,835 KRW3,544 KRW54
Growth DCF
Growth DCF802.92 KRW915.44 KRW1,088 KRW80
Rev-Margin DCF798.24 KRW989.27 KRW1,224 KRW74
Economic Profit
Residual Income2,653 KRW2,676 KRW2,764 KRW76
Growth Earnings
Growth-Adj P/E1,214 KRW1,735 KRW2,255 KRW67
The fair value above starts from this blend and is adjusted for a cyclical trough year.
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 weak: less than 2 % a year.
Revenue growth 1 year
−14.9%
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.
−5.8%
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.
+0.0%
Start year 2020 (pandemic). Over 10 years: −4.2% a year
Revenue growth 14 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.
−3.2%
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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.
−4.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.3%
Dividend (yield on the price)2.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−6.3% vs −9.5%, picking up
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.6% → −2%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 4.6%/yr over ~7Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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).
+0.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about −1.3% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Homebuilding & Construction Supplies” was too small, so the broader sector is used.)Industrials · 5329 stocks
Beats the sector median on 8/12 measures
Overall it ranks above its sector peers.
Valuation
Quality Score58 · Above median
Fair Value upside−49.1% · Below median
Profitability
Return on equity (12 months)437.2% · Top 25%
Return on assets2.5% · Below median
Net margin (12 months)5.8% · Above median
Operating margin (12 months)6.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)11.1% · Above median
Dividend yield (12 months)2.2% · Above median
Valuation Multiplesvs Industrials 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.
Is PlumbFast Co. Ltd (035200) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 1,209 KRW versus a price of 2,375 KRW, about 49% lower (overvalued).
What is the fair value of 035200?
Our model-based fair value for PlumbFast Co. Ltd is 1,209 KRW (as of Nov 4, 2026), built from audited fundamentals. The current price: 2,375 KRW.
What is the quality score of 035200?
PlumbFast Co. Ltd has a Quality Score of 58/100. 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 PlumbFast Co. Ltd (035200)?
Our model-based price target is the fair value of 1,209 KRW (as of Nov 4, 2026) from 21 valuation models. Cautious scenario 1,061 KRW, optimistic scenario 1,463 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the PlumbFast Co. Ltd stock forecast for 2026?
Our models put fair value at 1,209 KRW, about 49% lower versus a price of 2,375 KRW (overvalued). Cautious scenario 1,061 KRW, optimistic scenario 1,463 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of PlumbFast Co. Ltd (035200)?
PlumbFast Co. Ltd reported trailing-twelve-month revenue of about 30.7B KRW (latest available figure, as of Nov 4, 2026).
Does PlumbFast Co. Ltd pay a dividend?
PlumbFast Co. Ltd currently shows a dividend yield of 2.18% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of PlumbFast Co. Ltd (035200)?
PlumbFast Co. Ltd has a dividend yield of 2.2%. A dividend has been paid every year since 2020. Our assessment: Safety not assessed. Payout ratio and cash coverage are not available, so we do not judge how safe this dividend is.
What growth is priced into PlumbFast Co. Ltd (035200)?
For today's price to be fair in a discounted-cash-flow model, PlumbFast Co. Ltd would have to grow free cash flow by +0.8 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew 0.0 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 035200 use?
Our models discount PlumbFast Co. Ltd at 11.2 %: a base by market capitalisation (nano), damped by beta 1.43, 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 PlumbFast Co. Ltd that is +0.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has PlumbFast Co. Ltd (035200) delivered so far?
Over the past 5 years revenue at PlumbFast Co. Ltd grew 0.0 % a year. The price currently implies free-cash-flow growth of +0.8 % per 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 PlumbFast Co. Ltd (035200) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into PlumbFast Co. Ltd (+0.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of PlumbFast Co. Ltd (035200)?
The free-cash-flow yield on the price is 2.40 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow PlumbFast Co. Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of PlumbFast Co. Ltd (035200)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PlumbFast Co. Ltd it is 1,209 KRW per share (as of Nov 4, 2026), against a price of 2,375 KRW. It is the blended result of 21 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is PlumbFast Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 035200 trades above its calculated fair value: price 2,375 KRW, fair value 1,209 KRW, a gap of about −49% (overvalued). 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 035200?
No. The price is what the market pays today (2,375 KRW); the fair value is what the company's own numbers justify (1,209 KRW). For PlumbFast Co. Ltd the two are 1,166 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is PlumbFast Co. Ltd worth?
The market values PlumbFast Co. Ltd at about 19.4B KRW (market capitalisation, as of Nov 4, 2026). Per share that is 2,375 KRW; our models calculate a fair value of 1,209 KRW per share.
What do the bullish and bearish scenarios say about 035200?
Our models span a range for PlumbFast Co. Ltd: cautious scenario 1,061 KRW, base 1,209 KRW, optimistic 1,463 KRW per share (as of Nov 4, 2026, price 2,375 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of PlumbFast Co. Ltd (035200)?
Balance-sheet figures for PlumbFast Co. Ltd (as of Nov 4, 2026): return on equity 437.2%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 035200 from its 52-week high?
PlumbFast Co. Ltd trades at 2,375 KRW, about 53% below its 52-week high of 5,050 KRW and at the low of 2,375 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 1,209 KRW is for.
Which stocks are comparable to PlumbFast Co. Ltd?
From the same area (Consumer Cyclical) we also value Nature & Environment Co, Watos Corea Co, Kuk Young G&M Co, Amazon.com, Inc, 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 PlumbFast Co. Ltd stock attractive at the current price?
The data as of Nov 4, 2026: price 2,375 KRW, calculated fair value 1,209 KRW (−49%), Quality Score 58/100, from 21 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 035200 calculated?
We run PlumbFast Co. Ltd through 21 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1,209 KRW builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. PlumbFast Co. Ltd itself currently trades above fair value. 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 PlumbFast Co. Ltd (035200)?
The closing price on Nov 9, 2026 was 2,375 KRW. Our model-based fair value is 1,209 KRW, about 49% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PlumbFast Co. Ltd right now?
The price sits above even our optimistic bull case (1,463 KRW). The favourable scenario is already priced in. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of PlumbFast Co. Ltd
How large is the market capitalisation of PlumbFast Co. Ltd (035200)?
The market capitalisation of PlumbFast Co. Ltd is 19.4B KRW (≈ $14.3M). 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 PlumbFast Co. Ltd (035200)?
The price-to-sales ratio of PlumbFast Co. Ltd is 0.61 (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 PlumbFast Co. Ltd (035200)?
The dividend yield of PlumbFast Co. Ltd is 2.2%. 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 PlumbFast Co. Ltd (035200)?
The net margin of PlumbFast Co. Ltd is 5.8% (last twelve months). 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 PlumbFast Co. Ltd (035200)?
The return on equity (ROE) of PlumbFast Co. Ltd is 437% (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 PlumbFast Co. Ltd (035200)?
On an EBIT basis the return on assets of PlumbFast Co. Ltd is 3.0% (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 PlumbFast Co. Ltd (035200)?
The operating margin of PlumbFast Co. Ltd is 6.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PlumbFast Co. Ltd (035200)?
Revenue at PlumbFast Co. Ltd is growing +11.1% versus a year earlier (3y avg −5.8%). 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 PlumbFast Co. Ltd (035200)?
Earnings per share at PlumbFast Co. Ltd are growing −24.9% versus a year earlier. How much earnings per share grew versus a year earlier.
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Some data
Nov 4, 2026