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Data-driven stock valuation

JINSUNG T.E.C. Inc (036890) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of JINSUNG T.E.C. Inc stock KRW 13,780, price KRW 8,900, upside +54.8%, quality 56 out of 100. Rating: strongly undervalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.

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Industrials KR · ISIN KR7036890002

JT JINSUNG T.E.C. Inc logo Broad data Nov 8, 2026

JINSUNG T.E.C. Inc

036890 · KQ
Undervalued, but in a downtrend

The stock costs 35% less than our calculation considers fair.

Fair value 13,780 KRW · Strongly undervalued
Solidly profitable · 12.7% net margin (TTM)
Low debt
Ranks above peers (12/13)
Broad data
Costs just 2.7 times its yearly profit.
Quality 56/100
3.7% dividend yield · Watch coverage
Moderate moat 56/100 · thin data
Weak Growth (revenue 3y −5.0 %/yr in KRW)
Negative free cash flow
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

20,550 KRW 7,527 KRW Fair Value 13,780 KRW Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.

How to read this chart

60‑month range 7,527 KRW – 20,550 KRW · fair‑value band 11,505 KRW – 14,687 KRW · the 8,900 KRW price screens below the 13,780 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.

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Company profile

JINSUNG T.E.C., Inc. engages in the production and sale of heavy construction equipment under carriage parts in South Korea and internationally. It offers track rollers, carrier rollers, sprockets, and idlers, as well as tension spring assemblies and track links.

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The company was founded in 1982 and is headquartered in Pyeongtaek-Si, South Korea.

Stock analysis

JINSUNG T.E.C. Inc (036890) currently trades at 8,900 KRW, while our model-based Fair Value estimate is 13,780 KRW, implying the stock looks roughly 35% undervalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of 30,788 KRW per share, and 13 of the 16 models we run sit above the 8,900 KRW price.

Bear case: the Dividend Discount group reads lowest at 1,980 KRW, and 3 of the 16 models stay below the price. Data coverage for this calculation is high.

Scenario range: 11,505 KRW (bear) to 14,687 KRW (bull), the price of 8,900 KRW sits below 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 56/100 (solid quality), in the Industrials sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

JINSUNG T.E.C. Inc reported revenue of 464B KRW in FY2025 versus 438B KRW in FY2021, a compound +1.4%/yr. Reported net income was 32.6B KRW in FY2025, compounding +17.6%/yr from FY2021.

Key figures

Market cap 178B KRW (≈ $132M) Micro · P/E ratio 2.7 · P/S ratio 0.34 · EPS (TTM) 3,232 KRW · Dividend yield 3.7% · Net margin 12.7% · Return on equity 21.8% · Return on assets (EBIT) 9.5% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).

What moves the price

The share trades about 57% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at 55%, 036890 screens cheaper than that median.

Fair Value models

Bear 11,505 KRW Fair Value 13,780 KRW Bull 14,687 KRW
Price 8,900 KRW · Upside +54.8%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (2,488 KRW per share) are deliberately not added. 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
Residual Income 11,505 KRW 12,362 KRW 13,990 KRW 76
EPV 12,653 KRW 13,780 KRW 14,687 KRW 74
ROIC Compounder 12,653 KRW 13,780 KRW 14,946 KRW 72
All 16 models by family
Earnings-Based
Graham-Dodd 10,627 KRW 30,715 KRW 40,537 KRW 65
Lynch FV 6,345 KRW 9,065 KRW 11,784 KRW 61
PEG = 1.0 6,345 KRW 9,065 KRW 11,784 KRW 57
EPV 12,653 KRW 13,780 KRW 14,687 KRW 74
Dividend Discount
Gordon GGM 1,285 KRW 2,106 KRW 2,690 KRW 68
DDM Multi-Stage 1,285 KRW 1,854 KRW 2,270 KRW 67
Multiples
P/E Multiple 24,615 KRW 32,820 KRW 41,025 KRW 63
P/S Multiple 19,926 KRW 26,568 KRW 33,211 KRW 58
P/B Multiple 13,184 KRW 17,578 KRW 21,973 KRW 55
EV/EBIT 28,182 KRW 37,938 KRW 47,693 KRW 66
EV/EBITDA 27,266 KRW 36,716 KRW 46,166 KRW 67
EV/Revenue 19,804 KRW 28,756 KRW 37,708 KRW 53
Asset-Based
NCAV (Graham) 3,330 KRW 5,046 KRW 6,307 KRW 54
Economic Profit
Residual Income 11,505 KRW 12,362 KRW 13,990 KRW 76
ROIC Compounder 12,653 KRW 13,780 KRW 14,946 KRW 72
Growth Earnings
Growth-Adj P/E 19,851 KRW 28,358 KRW 36,866 KRW 67

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Quality Score breakdown

Overall quality 56/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 46
How much profit the company makes from its sales and capital
Quality Growth 75
Are margins and returns getting better?
Cashflow 10
Do the profits arrive as real cash?
Financial strength 75
Debt, balance sheet and risk of trouble
Investment 46
Does it invest with discipline instead of growing at any price?
Low Volatility 32
How calm the share price moves, does not count
Price momentum 9
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 1
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

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Revenue & earnings trend

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
+18.8%
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.
−5.0%
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.
+8.3%
Start year 2020 (pandemic). Over 10 years: +10.1% a year
Revenue growth 17 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.
+7.7%
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.
+17.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.8%
Dividend (yield on the price)3.7%
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.13.8% vs 12.6%, steady
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.7% → 10%
Pace: the 5-year rate starts in 2020 (pandemic)

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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.Farm & Heavy Construction Machinery · 146 stocks

Beats the industry median on 12/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 56 · Above median
Fair Value upside +54.8% · Top 25%
Profitability
Return on equity (12 months) 21.8% · Top 25%
Return on assets 6.4% · Above median
Net margin (12 months) 12.7% · Top 25%
Operating margin (12 months) 7.5% · Below median
Growth and dividend
Revenue growth (quarter YoY) 31.0% · Top 25%
Dividend yield (12 months) 3.7% · Top 25%
Balance sheet
Debt / equity 0.06× · Below median

Valuation Multiplesvs Farm & Heavy Construction Machinery median · lower = cheaper

P/E (12 months) 2.7× · Cheapest 25%
P/B 0.60× · Cheapest 25%
P/S (12 months) 0.34× · Cheapest 25%
EV/EBITDA 1.9× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 43
FUTURE (revenue growth)100 · sector 45
PAST (return on equity)87 · sector 37
HEALTH (low debt)97 · sector 94
DIVIDEND (yield)74 · sector 38

Context: sector, industry, market

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

Similar stocks

10 more Farm & Heavy Construction Machinery stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Sinotruk (Hong Kong) Limited 3808 HK$34.98 HK$56.97 +63% vs 036890
XCMG Construction Machinery Co 000425 ¥7.17 ¥9.74 +36% vs 036890
Daimler Truck Holding DTG €40.49 €49.89 +23% vs 036890
PACCAR Inc PCAR $101.98 $112.18 +10% vs 036890
Sany Heavy Industry Co 600031 ¥19.50 ¥21.45 +10% vs 036890
Metso Oyj METSO €16.99 €18.69 +10% vs 036890
Traton SE 8TRA €33.78 €32.85 −3% vs 036890
CNH Industrial N.V CNH $11.56 $8.65 −25% vs 036890
Caterpillar Inc CAT $558.63 $283.68 −49% vs 036890
Deere & Company DE $671.65 $263.46 −61% vs 036890

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JINSUNG T.E.C. Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "JINSUNG T.E.C. Inc Fair Value". https://www.fairvalue-calculator.com/stock/036890

Frequently asked questions

Is JINSUNG T.E.C. Inc (036890) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 13,780 KRW versus a price of 8,900 KRW, about +55% upside (undervalued).
What is the fair value of 036890?
Our model-based fair value for JINSUNG T.E.C. Inc is 13,780 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 8,900 KRW.
What is the quality score of 036890?
JINSUNG T.E.C. Inc has a Quality Score of 56/100. 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 JINSUNG T.E.C. Inc (036890)?
Our model-based price target is the fair value of 13,780 KRW (as of Nov 8, 2026) from 16 valuation models. Cautious scenario 11,505 KRW, optimistic scenario 14,687 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the JINSUNG T.E.C. Inc stock forecast for 2026?
Our models put fair value at 13,780 KRW, about +55% upside versus a price of 8,900 KRW (undervalued). Cautious scenario 11,505 KRW, optimistic scenario 14,687 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of JINSUNG T.E.C. Inc (036890)?
JINSUNG T.E.C. Inc reported trailing-twelve-month revenue of about 530B KRW (latest available figure, as of Nov 8, 2026).
Does JINSUNG T.E.C. Inc pay a dividend?
JINSUNG T.E.C. Inc currently shows a dividend yield of 3.71% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of JINSUNG T.E.C. Inc (036890) and when is the ex-dividend date?
JINSUNG T.E.C. Inc pays a dividend of 330.00 KRW per share a year, a dividend yield of 3.7%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since 2010. The payout ratio is 10.2% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of JINSUNG T.E.C. Inc (036890)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For JINSUNG T.E.C. Inc it is 13,780 KRW per share (as of Nov 8, 2026), against a price of 8,900 KRW. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is JINSUNG T.E.C. Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 036890 trades below its calculated fair value: price 8,900 KRW, fair value 13,780 KRW, a gap of about +55% (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 036890?
No. The price is what the market pays today (8,900 KRW); the fair value is what the company's own numbers justify (13,780 KRW). For JINSUNG T.E.C. Inc the two are 4,880 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is JINSUNG T.E.C. Inc worth?
The market values JINSUNG T.E.C. Inc at about 178B KRW (market capitalisation, as of Nov 8, 2026). Per share that is 8,900 KRW; our models calculate a fair value of 13,780 KRW per share.
What do the bullish and bearish scenarios say about 036890?
Our models span a range for JINSUNG T.E.C. Inc: cautious scenario 11,505 KRW, base 13,780 KRW, optimistic 14,687 KRW per share (as of Nov 8, 2026, price 8,900 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 036890?
JINSUNG T.E.C. Inc trades at a price-to-earnings ratio of 2.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 13,780 KRW is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 8.3. Other multiples: P/B 0.6, P/S 0.3, EV/EBITDA 1.9.
How solid is the balance sheet of JINSUNG T.E.C. Inc (036890)?
Balance-sheet figures for JINSUNG T.E.C. Inc (as of Nov 8, 2026): return on equity 21.8%, debt of 0.06 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 036890 from its 52-week high?
JINSUNG T.E.C. Inc trades at 8,900 KRW, about 57% below its 52-week high of 20,550 KRW and 2% above the low of 8,700 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 13,780 KRW is for.
Which stocks are comparable to JINSUNG T.E.C. Inc?
From the same area (Industrials) we also value Caterpillar Inc, Deere & Company, PACCAR Inc, Daimler Truck Holding, 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 JINSUNG T.E.C. Inc stock attractive at the current price?
The data as of Nov 8, 2026: price 8,900 KRW, calculated fair value 13,780 KRW (+55%), Quality Score 56/100, from 16 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 036890 calculated?
We run JINSUNG T.E.C. Inc through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 13,780 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. JINSUNG T.E.C. Inc currently trades 35% 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 JINSUNG T.E.C. Inc (036890)?
The closing price on Nov 6, 2026 was 8,900 KRW. Our model-based fair value is 13,780 KRW, about +55% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with JINSUNG T.E.C. Inc right now?
The price is below even our cautious bear case (11,505 KRW). The market is more pessimistic than our downside scenario. Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.

Key figures of JINSUNG T.E.C. Inc

How large is the market capitalisation of JINSUNG T.E.C. Inc (036890)?
The market capitalisation of JINSUNG T.E.C. Inc is 178B KRW (≈ $132M). 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 JINSUNG T.E.C. Inc (036890)?
The price-to-sales ratio of JINSUNG T.E.C. Inc is 0.34 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of JINSUNG T.E.C. Inc (036890)?
Earnings per share at JINSUNG T.E.C. Inc are 3,232 KRW (price ÷ EPS = P/E 2.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of JINSUNG T.E.C. Inc (036890)?
The dividend yield of JINSUNG T.E.C. Inc is 3.7% (payout 10.2%). 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 JINSUNG T.E.C. Inc (036890)?
The net margin of JINSUNG T.E.C. Inc is 12.7% (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 JINSUNG T.E.C. Inc (036890)?
The return on equity (ROE) of JINSUNG T.E.C. Inc is 21.8% (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 JINSUNG T.E.C. Inc (036890)?
On an EBIT basis the return on assets of JINSUNG T.E.C. Inc is 9.5% (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 JINSUNG T.E.C. Inc (036890)?
The operating margin of JINSUNG T.E.C. Inc is 7.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at JINSUNG T.E.C. Inc (036890)?
Revenue at JINSUNG T.E.C. Inc is growing +31.0% versus a year earlier (3y avg −5.0%). 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 JINSUNG T.E.C. Inc (036890)?
Earnings per share at JINSUNG T.E.C. Inc are growing +399% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does JINSUNG T.E.C. Inc (036890) generate?
The free cash flow of JINSUNG T.E.C. Inc is −35.6B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does JINSUNG T.E.C. Inc (036890) carry?
The net debt of JINSUNG T.E.C. Inc is 22.6B KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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