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SG&G Corporation (040610) Fair Value & Analysis

Industrials · KR · Market cap 52.3B KRW

SG SG&G Corporation 040610 · KQ
Price3,170 KRW
Fair Value2,254 KRW
Upside-28.9%
Quality54/100
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Mixed Growth
Highly profitable · 59.9% net margin
Low debt · generates free cash flow
Ranks above peers (7/9)
Moderate moat 54/100
Evidence: High Range 1,690 KRW – 2,817 KRW Share as image

Fair value as of: Jul 20, 2026

From 11 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from 2,343 KRW to 2,254 KRW (−3.8%) since Jun 26, 2026. Share price −0.3% over the past month.

A solid business, but screening 29% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,817 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

7,050 KRW 2,755 KRW Fair Value 2,254 KRW Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 2,755 KRW – 7,050 KRW · fair‑value band 1,690 KRW – 2,817 KRW · the 3,170 KRW price screens above the 2,254 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

SG&G Corporation (040610) currently trades at 3,170 KRW, while our model-based Fair Value estimate is 2,254 KRW, implying the stock looks roughly 28.9% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, SG&G Corporation generated revenue of 48.7B KRW at a net margin of 59.9%. Revenue grew 8.6% year over year. It earns a return on equity of 7.1%. Net debt stands at 34.3B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 1,690 KRW (bear case) to 2,817 KRW (bull case); at 3,170 KRW, the current price sits above 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 37% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -29%, 040610 screens richer 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 3,628 KRW 7,011 KRW 12,553 KRW 80
Rev-Margin DCF 2,987 KRW 5,250 KRW 9,835 KRW 74
P/E Multiple 25,387 KRW 33,849 KRW 42,311 KRW 63
All 11 models by family
DCF Models
Owner Earnings 27,295 KRW 61,868 KRW 134,446 KRW 31
5Y P/E Exit 20,366 KRW 50,832 KRW 93,306 KRW 38
10Y P/E Exit 15,969 KRW 44,119 KRW 92,608 KRW 35
Earnings-Based
Graham-Dodd 10,961 KRW 76,438 KRW 107,269 KRW 54
Lynch FV 35,045 KRW 50,064 KRW 65,084 KRW 50
Multiples
P/E Multiple 25,387 KRW 33,849 KRW 42,311 KRW 63
P/B Multiple 20,551 KRW 27,402 KRW 34,252 KRW 55
Asset-Based
NCAV (Graham) 12,347 KRW 16,545 KRW 24,694 KRW 50
Growth DCF
Growth DCF 3,628 KRW 7,011 KRW 12,553 KRW 80
Rev-Margin DCF 2,987 KRW 5,250 KRW 9,835 KRW 74
Economic Profit
Residual Income 19,757 KRW 20,592 KRW 21,498 KRW 61

Widest divergence: DCF Models (50,832 KRW) versus Growth DCF (5,250 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 48.7B KRW
Revenue growth (YoY) +8.6%
Net margin 59.9%
Return on equity 7.1%
Free cash flow 3.7B KRW FY2025
Operating margin 15.5%
More key figures
EPS growth (YoY) +28.4%
Net debt 34.3B KRW FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 51 · Market factors (momentum, volatility) 33

Profitability 36
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 100
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

SG&G Corporation provides logistics services in South Korea. The company offers 3PL and international logistics solutions; manufactures auto parts, such as automobile air conditioning parts, seat, engine, electronic, and fuel cells; and nuclear power plants parts. SG&G Corporation was founded in 1991 and is headquartered in Ansan-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SG&G Corporation reported revenue of 47.7B KRW in FY2025 versus 35.7B KRW in FY2021, a compound +7.5%/yr. Reported net income was 27.2B KRW in FY2025, compounding +21.3%/yr from FY2021.

Growth Quality 36/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
47.7B KRW
Latest YoY
−6.0%
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.
+3.7%
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.
+3.4%
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.
+3.5%
Revenue +7.5%/yr
FY21 35.7B KRW
FY22 42.7B KRW
FY23 41.9B KRW
FY24 50.8B KRW
FY25 47.7B KRW
Net income +21.3%/yr
FY21 12.6B KRW
FY22 41.3B KRW
FY23 20.0B KRW
FY24 16.2B KRW
FY25 27.2B KRW

040610 screens 29% overvalued. Compare with CITIC Limited →

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Cite: Fair Value Calculator (2026). "SG&G Corporation Fair Value". https://www.fairvalue-calculator.com/stock/040610

Peer Group

Conglomerates · 369 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 54 · Above median
Fair Value upside −29% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 1% · Below median
Net margin (TTM) 60% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 9% · Above median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Conglomerates 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 0 · sector 20
FUTURE 43 · sector 16
PAST 29 · sector 20
HEALTH 100 · sector 88
DIVIDEND 0 · sector 39

VALUE 0: the price sits above our fair-value range.

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 Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%
Doosan Corporation 000155 464,000 KRW 75,620 KRW -84%
Thermax Limited THERMAX ₹4,809 ₹1,087 -77%

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Frequently asked questions

Is SG&G Corporation (040610) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 2,254 KRW versus a price of 3,170 KRW, about −29% (overvalued).
What is the fair value of 040610?
Our model-based fair value for SG&G Corporation is 2,254 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 3,170 KRW.
What is the quality score of 040610?
SG&G Corporation has a Quality Score of 54/100. 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 SG&G Corporation (040610)?
SG&G Corporation reported trailing-twelve-month revenue of about 48.7B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 040610?
The net profit margin of SG&G Corporation is about 59.9%, meaning it keeps roughly 59.9% of revenue as net income. Based on the latest reported figures.

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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