Gwangjushinseg (037710) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Gwangjushinseg KRW 75,366, price KRW 34,650, upside +117.5%, quality 63 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Gwangjushinseg for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 23,128 KRW – 170,980 KRW · fair‑value band 56,243 KRW – 90,702 KRW · the 34,650 KRW price screens below the 75,366 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Gwangjushinseg in your weekly email
Every Wednesday you see whether Gwangjushinseg is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Gwangju Shinsegae. Co. ,Ltd. operates department stores under the E-Mart name in South Korea. The company was formerly known as Gwangju Shinsegae Department Co., Ltd. and changed its name to Gwangju Shinsegae. Co. ,Ltd. in 2006. Gwangju Shinsegae. Co. ,Ltd. was founded in 1995 and is headquartered in Gwangju-si, South Korea. Gwangju Shinsegae. Co. ,Ltd.
Show more
Gwangju Shinsegae. Co. ,Ltd. operates department stores under the E-Mart name in South Korea. The company was formerly known as Gwangju Shinsegae Department Co., Ltd. and changed its name to Gwangju Shinsegae. Co. ,Ltd. in 2006. Gwangju Shinsegae. Co. ,Ltd. was founded in 1995 and is headquartered in Gwangju-si, South Korea. Gwangju Shinsegae. Co. ,Ltd. is a subsidiary of Shinsegae Inc.
Stock analysis
Gwangjushinseg (037710) currently trades at 34,650 KRW, while our model-based Fair Value estimate is 75,366 KRW, implying the stock looks roughly 54.0% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 99,110 KRW per share, and 15 of the 22 models we run sit above the 34,650 KRW price.
Bear case: the Earnings-Based group reads lowest at 28,480 KRW, and 7 of the 22 models stay below the price. Evidence for this calculation is medium.
Scenario range: 56,243 KRW (bear) to 90,702 KRW (bull), the price of 34,650 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 63/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Gwangjushinseg reported revenue of 184B KRW in FY2025 versus 170B KRW in FY2021, a compound +2.0%/yr. Reported net income was 44.5B KRW in FY2025, compounding −4.0%/yr from FY2021.
Key figures
Market cap 297B KRW (≈ $219M) · P/S ratio 1.59 · Dividend yield 8.7% · Net margin 24.1% · Return on equity 5.5% · Return on assets (EBIT) 5.7% · Operating margin 32.2% · Revenue (TTM) 187B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 34% 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 10% fair-value upside, at 118%, 037710 screens cheaper than that median.
Fair Value models
Bear 56,243 KRWFair Value 75,366 KRWBull 90,702 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = 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.
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.73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+0.3%
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.
−0.1%
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.
+4.5%
Start year 2020 (pandemic). Over 10 years: −1.1% a year
Revenue growth 12 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.
−1.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−19.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−27.9%
Dividend (yield on the price)8.7%
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.89% → 29%
⚠ Revenue per share shrinking 20.8%/yr over ~6Y (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).
+4.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +2.1% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Department Stores · 119 stocks
Beats the industry median on 10/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside+118% · Top 25%
Profitability
Return on equity (TTM)6% · Above median
Return on assets3% · Above median
Net margin (TTM)25% · Top 25%
Operating margin (TTM)32% · Top 25%
Growth and dividend
Revenue growth7% · Top 25%
Dividend yield (TTM)8.7% · Top 25%
Balance sheet
Debt / equity0.14× · Above median
Valuation Multiplesvs Department Stores 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.
Cite: Fair Value Calculator (2026). "Gwangjushinseg Fair Value". https://www.fairvalue-calculator.com/stock/037710
Frequently asked questions
Is Gwangjushinseg (037710) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 75,366 KRW versus a price of 34,650 KRW, about +118% upside (undervalued).
What is the fair value of 037710?
Our model-based fair value for Gwangjushinseg is 75,366 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 34,650 KRW.
What is the quality score of 037710?
Gwangjushinseg has a Quality Score of 63/100. 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 Gwangjushinseg (037710)?
Our model-based price target is the fair value of 75,366 KRW (as of Sep 24, 2026) from 22 valuation models. Cautious scenario 56,243 KRW, optimistic scenario 90,702 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Gwangjushinseg stock forecast for 2026?
Our models put fair value at 75,366 KRW, about +118% upside versus a price of 34,650 KRW (undervalued). Cautious scenario 56,243 KRW, optimistic scenario 90,702 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Gwangjushinseg (037710)?
Gwangjushinseg reported trailing-twelve-month revenue of about 187B KRW (latest available figure, as of Sep 24, 2026).
Does Gwangjushinseg pay a dividend?
Gwangjushinseg currently shows a dividend yield of about 8.66% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Gwangjushinseg (037710)?
For today's price to be fair in a discounted-cash-flow model, Gwangjushinseg would have to grow free cash flow by +4.2 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.5 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 037710 use?
Our models discount Gwangjushinseg at 11.6 %: a base by market capitalisation (micro), damped by beta 0.27, 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 Gwangjushinseg that is +4.2 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Gwangjushinseg (037710) delivered so far?
Over the past 5 years revenue at Gwangjushinseg grew +4.5 % a year. The price currently implies +4.2 % per year free-cash-flow growth a 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 Gwangjushinseg (037710) growing?
The median revenue growth in the sector is +2.6 % a year. That is the yardstick for the growth priced into Gwangjushinseg (+4.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Gwangjushinseg (037710)?
The free-cash-flow yield on the price is 14.89 %: that much free cash flow Gwangjushinseg produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Gwangjushinseg (037710)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Gwangjushinseg it is 75,366 KRW per share (as of Sep 24, 2026), against a price of 34,650 KRW. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is Gwangjushinseg stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 037710 trades below its calculated fair value: price 34,650 KRW, fair value 75,366 KRW, a gap of about +118% (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 037710?
No. The price is what the market pays today (34,650 KRW); the fair value is what the company's own numbers justify (75,366 KRW). For Gwangjushinseg the two are 40,716 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Gwangjushinseg worth?
The market values Gwangjushinseg at about 297B KRW (market capitalisation, as of Sep 24, 2026). Per share that is 34,650 KRW; our models calculate a fair value of 75,366 KRW per share.
What do the bullish and bearish scenarios say about 037710?
Our models span a range for Gwangjushinseg: cautious scenario 56,243 KRW, base 75,366 KRW, optimistic 90,702 KRW per share (as of Sep 24, 2026, price 34,650 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Gwangjushinseg (037710)?
Balance-sheet figures for Gwangjushinseg (as of Sep 24, 2026): return on equity 5.5%, debt of 0.14 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is 037710 from its 52-week high?
Gwangjushinseg trades at 34,650 KRW, about 34% below its 52-week high of 52,900 KRW and 25% above the low of 27,623 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 75,366 KRW is for.
Which stocks are comparable to Gwangjushinseg?
From the same area (Consumer Cyclical) we also value Falabella S.A, Dillard's, Inc, 99 Speed Mart Retail Holdings, Cencosud S.A, 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 Gwangjushinseg stock attractive at the current price?
The data as of Sep 24, 2026: price 34,650 KRW, calculated fair value 75,366 KRW (+118%), Quality Score 63/100, from 22 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 037710 calculated?
We run Gwangjushinseg through 22 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 75,366 KRW, 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 14.0 % above its aggregate fair value. Gwangjushinseg currently trades 118 % 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 Gwangjushinseg (037710)?
The closing price on Sep 23, 2026 was 34,650 KRW. Our model-based fair value is 75,366 KRW, about +118% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Gwangjushinseg right now?
The price is below even our cautious bear case (56,243 KRW). The market is more pessimistic than our downside scenario. Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Gwangjushinseg
How large is the market capitalisation of Gwangjushinseg (037710)?
The market capitalisation of Gwangjushinseg is 297B KRW (≈ $219M). 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 Gwangjushinseg (037710)?
The price-to-sales ratio of Gwangjushinseg is 1.59 (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 Gwangjushinseg (037710)?
The dividend yield of Gwangjushinseg is 8.7%. 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 Gwangjushinseg (037710)?
The net margin of Gwangjushinseg is 24.1% (fiscal year 2025). 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 Gwangjushinseg (037710)?
The return on equity (ROE) of Gwangjushinseg is 5.5% (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 Gwangjushinseg (037710)?
On an EBIT basis the return on assets of Gwangjushinseg is 5.7% (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 Gwangjushinseg (037710)?
The operating margin of Gwangjushinseg is 32.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Gwangjushinseg (037710)?
Revenue at Gwangjushinseg is growing +7.1% versus a year earlier (3y avg −0.1%). 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 Gwangjushinseg (037710)?
Earnings per share at Gwangjushinseg are growing +24.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Gwangjushinseg (037710) carry?
The net debt of Gwangjushinseg is 203B KRW (fiscal year 2025, ≈ 5.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Gwangjushinseg in the live analysis
One click puts Gwangjushinseg on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
