Ecoplastic Corporation (038110) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ecoplastic Corporation stock KRW 1,613, price KRW 1,656, that is 2.6% below the price, quality 28 out of 100. Rating: fairly valued. Calculated from audited financials with 15 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 7, 2026.
How to read this chart
60‑month range 1,656 KRW – 7,330 KRW · fair‑value band 1,210 KRW – 2,017 KRW · the 1,656 KRW price screens above the 1,613 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
Follow Ecoplastic in your weekly email
Every Wednesday you see whether Ecoplastic 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.
Ecoplastic Corporation engages in the research, development, production, and sale of auto plastic parts in South Korea.
Show moreShow less
It offers bumpers; consoles, instrument panels, radiator grilles, tail gate garnishes, wheel covers, back panels, rear garnishes, and roof racks; and bumper, trim, lamp, engine part, and fuel tank molds. The company was founded in 1984 and is based in Gyeongju, South Korea.
Stock analysis
Ecoplastic Corporation (038110) currently trades at 1,656 KRW, while our model-based Fair Value estimate is 1,613 KRW, so the stock looks roughly fairly valued today (gap 2.7%).
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 8,382 KRW per share, and 4 of the 14 models we run sit above the 1,656 KRW price.
Bear case: the Earnings-Based group reads lowest at 536.15 KRW, and 10 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 1,210 KRW (bear) to 2,017 KRW (bull), the price of 1,656 KRW sits inside 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 28/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Ecoplastic Corporation reported revenue of 2.6T KRW in FY2025 versus 1.5T KRW in FY2021, a compound +14.0%/yr. Reported net income was 2.0B KRW in FY2025, compounding −17.9%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 76.5B KRW (≈ $56.6M) Micro · P/S ratio 0.04 · Dividend yield 1.9% · Net margin 1.1% · Return on equity 570% · Return on assets (EBIT) 3.7% (5-year average) · Operating margin 1.5% · Revenue (TTM) 1.7T KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 19 out of 100 (medium confidence).
What moves the price
The share trades about 61% 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 30% fair-value upside, at −3%, 038110 screens richer than that median.
Fair Value models
Bear1,210 KRWFair Value 1,613 KRWBull2,017 KRW
Price 1,656 KRW · Downside -2.6%
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
Residual Income4,464 KRW4,857 KRW5,381 KRW75
EPVn/a287.70 KRW754.49 KRW67
Gordon GGM403.02 KRW660.62 KRW843.89 KRW66
All 15 models by family
Earnings-Based
Graham-Dodd336.95 KRW1,460 KRW1,997 KRW61
Lynch FV375.31 KRW536.15 KRW697.00 KRW58
PEG = 1.0375.31 KRW536.15 KRW697.00 KRW55
EPVn/a287.70 KRW754.49 KRW67
Dividend Discount
Gordon GGM403.02 KRW660.62 KRW843.89 KRW66
DDM Multi-Stage403.02 KRW633.25 KRW711.99 KRW65
Multiples
P/E Multiple817.61 KRW1,090 KRW1,363 KRW61
P/S Multiple631.79 KRW842.38 KRW1,053 KRW56
P/B Multiple25,047 KRW33,396 KRW41,746 KRW53
EV/EBITn/an/a2,855 KRW59
EV/EBITDA7,465 KRW15,674 KRW23,882 KRW62
Asset-Based
NCAV (Graham)4,175 KRW5,594 KRW8,349 KRW52
Economic Profit
Residual Income4,464 KRW4,857 KRW5,381 KRW75
ROIC Compoundern/a287.70 KRW754.49 KRW66
Growth Earnings
Growth-Adj P/E641.51 KRW916.45 KRW1,191 KRW66
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.55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+13.6%
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.
+12.0%
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.
+14.7%
Start year 2020 (pandemic). Over 10 years: +8.4% a year
Revenue growth 20 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.
+8.7%
’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. Basis: EBIT basis. 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.
+29.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+27.2%
Dividend (yield on the price)1.9%
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.−15.3% vs −11.7%, slowing
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.0% → 1%
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.Automobiles & Auto Parts · 15 stocks
Beats the industry median on 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score28 · Bottom 25%
Fair Value upside−2.6% · Bottom 25%
Profitability
Return on assets0.1% · Bottom 25%
Net margin (12 months)1.1% · Bottom 25%
Operating margin (12 months)1.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)23.8% · Below median
Dividend yield (12 months)1.9% · Below median
Balance sheet
Debt / equity0.76× · Highest 25%
Valuation Multiplesvs Automobiles & Auto Parts 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). "Ecoplastic Corporation Fair Value". https://www.fairvalue-calculator.com/stock/038110
Frequently asked questions
Is Ecoplastic Corporation (038110) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 1,613 KRW versus a price of 1,656 KRW, about 3% lower (fairly valued).
What is the fair value of 038110?
Our model-based fair value for Ecoplastic Corporation is 1,613 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 1,656 KRW.
What is the quality score of 038110?
Ecoplastic Corporation has a Quality Score of 28/100. 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 Ecoplastic Corporation (038110)?
Our model-based price target is the fair value of 1,613 KRW (as of Nov 7, 2026) from 15 valuation models. Cautious scenario 1,210 KRW, optimistic scenario 2,017 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Ecoplastic Corporation stock forecast for 2026?
Our models put fair value at 1,613 KRW, about 3% lower versus a price of 1,656 KRW (fairly valued). Cautious scenario 1,210 KRW, optimistic scenario 2,017 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Ecoplastic Corporation (038110)?
Ecoplastic Corporation reported trailing-twelve-month revenue of about 1.7T KRW (latest available figure, as of Nov 7, 2026).
Does Ecoplastic Corporation pay a dividend?
Ecoplastic Corporation currently shows a dividend yield of 1.94% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Ecoplastic Corporation (038110)?
Ecoplastic Corporation has a dividend yield of 1.9%. A dividend has been paid every year since 2019. Our assessment: Safety not assessed. Payout ratio and cash coverage are not available, so we do not judge how safe this dividend is.
What is the intrinsic value of Ecoplastic Corporation (038110)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ecoplastic Corporation it is 1,613 KRW per share (as of Nov 7, 2026), against a price of 1,656 KRW. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Ecoplastic Corporation stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 038110 trades above its calculated fair value: price 1,656 KRW, fair value 1,613 KRW, a gap of about −3% (fairly valued). 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 038110?
No. The price is what the market pays today (1,656 KRW); the fair value is what the company's own numbers justify (1,613 KRW). For Ecoplastic Corporation the two are 42.79 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Ecoplastic Corporation worth?
The market values Ecoplastic Corporation at about 76.5B KRW (market capitalisation, as of Nov 7, 2026). Per share that is 1,656 KRW; our models calculate a fair value of 1,613 KRW per share.
What do the bullish and bearish scenarios say about 038110?
Our models span a range for Ecoplastic Corporation: cautious scenario 1,210 KRW, base 1,613 KRW, optimistic 2,017 KRW per share (as of Nov 7, 2026, price 1,656 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ecoplastic Corporation (038110)?
Balance-sheet figures for Ecoplastic Corporation (as of Nov 7, 2026): debt of 0.76 per unit of equity. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
How far is 038110 from its 52-week high?
Ecoplastic Corporation trades at 1,656 KRW, about 61% below its 52-week high of 4,300 KRW and at the low of 1,656 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1,613 KRW is for.
Which stocks are comparable to Ecoplastic Corporation?
From the same area (Consumer Cyclical) we also value ML, GTCAP, ESTec Corporation, Hwashin Precision Engineering Co, 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 Ecoplastic Corporation stock attractive at the current price?
The data as of Nov 7, 2026: price 1,656 KRW, calculated fair value 1,613 KRW (−3%), Quality Score 28/100, from 15 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 038110 calculated?
We run Ecoplastic Corporation through 15 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 1,613 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. Ecoplastic Corporation 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 Ecoplastic Corporation (038110)?
The closing price on Nov 6, 2026 was 1,656 KRW. Our model-based fair value is 1,613 KRW, about 3% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ecoplastic Corporation right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Ecoplastic Corporation
How large is the market capitalisation of Ecoplastic Corporation (038110)?
The market capitalisation of Ecoplastic Corporation is 76.5B KRW (≈ $56.6M). 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 Ecoplastic Corporation (038110)?
The price-to-sales ratio of Ecoplastic Corporation is 0.04 (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 Ecoplastic Corporation (038110)?
The dividend yield of Ecoplastic Corporation is 1.9%. 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 Ecoplastic Corporation (038110)?
The net margin of Ecoplastic Corporation is 1.1% (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 Ecoplastic Corporation (038110)?
The return on equity (ROE) of Ecoplastic Corporation is 570% (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 Ecoplastic Corporation (038110)?
On an EBIT basis the return on assets of Ecoplastic Corporation is 3.7% (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 Ecoplastic Corporation (038110)?
The operating margin of Ecoplastic Corporation is 1.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ecoplastic Corporation (038110)?
Revenue at Ecoplastic Corporation is growing +23.8% versus a year earlier (3y avg +12.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Ecoplastic Corporation (038110) generate?
The free cash flow of Ecoplastic Corporation is −148B 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 Ecoplastic Corporation (038110) carry?
The net debt of Ecoplastic Corporation is 690B 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.
Free · no account needed
Watch Ecoplastic Corporation in the live analysis
One click puts Ecoplastic Corporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 7, 2026