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Sungho Electronics Corp (043260) Fair Value & Analysis

Industrials · KR · Market cap 1.3T KRW

SE Sungho Electronics Corp 043260 · KQ
Price17,210 KRW
Fair Value9,016 KRW
Upside-47.6%
Quality37/100
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Expensive Growth
Loss-making · -3.8% net margin
Low debt · generates free cash flow
Trails peers (1/9)
Narrow moat 37/100
Evidence: High Range 6,762 KRW – 11,271 KRW Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 23 days ago

Share price −7.9% over the past month.

Below-average quality, and screening another 48% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (11,271 KRW). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

53,200 KRW 909.00 KRW Fair Value 9,016 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 909.00 KRW – 53,200 KRW · fair‑value band 6,762 KRW – 11,271 KRW · the 17,210 KRW price screens above the 9,016 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Sungho Electronics Corp (043260) currently trades at 17,210 KRW, while our model-based Fair Value estimate is 9,016 KRW, implying the stock looks roughly 47.6% overvalued today. The Quality Score stands at 37/100 (below-average 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, Sungho Electronics Corp generated revenue of 146B KRW at a net margin of -3.8%. Revenue grew 8.5% year over year. Net debt stands at 177B KRW. Fundamentals as of Jul 17, 2026

Our scenario range runs from 6,762 KRW (bear case) to 11,271 KRW (bull case); at 17,210 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 71% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at -48%, 043260 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 BearBaseBull Evidence
Highest evidence
Growth DCF 2,826 KRW 4,757 KRW 8,075 KRW 80
Residual Income 11,700 KRW 20,107 KRW 369,450 KRW 76
Rev-Margin DCF 1,571 KRW 2,338 KRW 3,280 KRW 74
All 26 models by family
DCF Models
FCF DCF 2,800 KRW 4,762 KRW 8,102 KRW 38
Owner Earnings 17,167 KRW 29,372 KRW 50,144 KRW 31
5Y Revenue Exit 1,571 KRW 2,317 KRW 3,258 KRW 39
5Y EBITDA Exit 2,354 KRW 3,851 KRW 5,643 KRW 41
5Y P/E Exit 12,767 KRW 24,250 KRW 36,981 KRW 38
10Y Revenue Exit 1,929 KRW 2,750 KRW 3,858 KRW 36
10Y EBITDA Exit 2,482 KRW 3,867 KRW 5,804 KRW 37
10Y P/E Exit 9,398 KRW 18,728 KRW 31,362 KRW 35
Earnings-Based
Graham-Dodd 8,721 KRW 33,332 KRW 45,151 KRW 54
Lynch FV 8,116 KRW 11,594 KRW 15,072 KRW 50
PEG = 1.0 8,116 KRW 11,594 KRW 15,072 KRW 46
EPV 1,006 KRW 1,175 KRW 1,325 KRW 59
Dividend Discount
Gordon GGM 55.51 KRW 121.19 KRW 203.90 KRW 70
DDM Multi-Stage 55.51 KRW 99.27 KRW 126.30 KRW 61
Multiples
P/E Multiple 19,238 KRW 25,651 KRW 32,063 KRW 63
P/S Multiple 6,122 KRW 8,163 KRW 10,204 KRW 58
P/B Multiple 7,956 KRW 10,608 KRW 13,260 KRW 55
EV/EBIT 1,485 KRW 1,964 KRW 2,443 KRW 53
EV/EBITDA 2,358 KRW 3,128 KRW 3,899 KRW 54
EV/Revenue 1,016 KRW 1,431 KRW 1,847 KRW 43
Asset-Based
NCAV (Graham) 1,768 KRW 2,369 KRW 3,536 KRW 50
Growth DCF
Growth DCF 2,826 KRW 4,757 KRW 8,075 KRW 80
Rev-Margin DCF 1,571 KRW 2,338 KRW 3,280 KRW 74
Economic Profit
Residual Income 11,700 KRW 20,107 KRW 369,450 KRW 76
ROIC Compounder 1,006 KRW 1,175 KRW 1,325 KRW 72
Growth Earnings
Growth-Adj P/E 14,324 KRW 20,463 KRW 26,602 KRW 68

Widest divergence: Growth Earnings (20,463 KRW) versus Dividend Discount (99.27 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 146B KRW
Revenue growth (YoY) +8.5%
Net margin -3.8%
Return on equity 330%
Free cash flow 15.4B KRW FY2025
Operating margin -1.3%
More key figures
EPS growth (YoY) -39.1%
Net debt 177B KRW FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 42 · Market factors (momentum, volatility) 48

Profitability 65
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 37
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 0
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

Sungho Electronics Corp. manufactures and sells electronic components in South Korea and internationally. It offers film capacitors for use in electric vehicles, 5G base stations, and green energy.; PCBAs, including display boards, main control boards, power boards, filter boards, inverter boards, and converter boards; power supply units for printers, LED …

Full company description

Sungho Electronics Corp. manufactures and sells electronic components in South Korea and internationally. It offers film capacitors for use in electric vehicles, 5G base stations, and green energy.; PCBAs, including display boards, main control boards, power boards, filter boards, inverter boards, and converter boards; power supply units for printers, LED lighting, PC's, and set-top box es; and LED Lighting products that illuminates comfortable and stable LED light in various environments. The company was formerly known as Jin Young Electronics Co., LTD. and changed its name to Sungho Electronics Corp. in February 2000. Sungho Electronics Corp. was founded in 1973 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sungho Electronics Corp reported revenue of 232B KRW in FY2025 versus 133B KRW in FY2021, a compound +14.8%/yr. Reported net income was 91.0B KRW in FY2025, compounding +131.5%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
232B KRW
Latest YoY
+11.7%
Avg. growth/yr (3Y)
+14.7%
Avg. growth/yr (5Y)
+16.7%
Avg. growth/yr (21Y)
+9.6%
Revenue +14.8%/yr
FY21 133B KRW
FY22 154B KRW
FY23 208B KRW
FY24 207B KRW
FY25 232B KRW
Net income +131.5%/yr
FY21 3.2B KRW
FY22 −4.2B KRW
FY23 17.7B KRW
FY24 7.7B KRW
FY25 91.0B KRW

043260 screens 48% overvalued. Compare with NIBE Industrier AB →

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Cite: Fair Value Calculator (2026). "Sungho Electronics Corp Fair Value". https://www.fairvalue-calculator.com/stock/043260

Peer Group

Machinery, Tools, Heavy Vehicles, Trains & Ships · 35 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 37 · Bottom 25%
Fair Value upside −48% · Bottom 25%
Return on equity (TTM) 330% · Above median
Return on assets -1% · Bottom 25%
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) -1% · Bottom 25%
Revenue growth 9% · Below median
Debt / equity 0.11× · Higher than 75% of peers

Valuation Multiples vs Machinery, Tools, Heavy Vehicles, Trains & Ships median · lower = cheaper

P/FCF 0.1× · Pricier 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 47
FUTURE 43 · sector 70
PAST 100 · sector 100
HEALTH 95 · sector 99
DIVIDEND 0 · sector 27

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

Insider activity: 35/100

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 Machinery, Tools, Heavy Vehicles, Trains & Ships stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
NIBE Industrier AB NIBEB CHF 3.05 CHF 2.24 -26%
SPG Co 058610 74,000 KRW 9,187 KRW -88%
BHI Co 083650 48,350 KRW 35,822 KRW -26%
VITZROCELL Co 082920 28,900 KRW 23,575 KRW -18%
SKF India Limited 500472 ₹1,480 ₹695.28 -53%
Hyulim ROBOT Co 090710 6,040 KRW 715.59 KRW -88%
Tae Kwang Corporation 023160 21,500 KRW 25,470 KRW +18%
522275 522275 ₹4,394 ₹3,006 -32%
Bosung Power Technology Co 006910 6,060 KRW 8,549 KRW +41%
Cape Industries Ltd 064820 9,260 KRW 32,726 KRW +253%

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Frequently asked questions

Is Sungho Electronics Corp (043260) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 9,016 KRW versus a price of 17,210 KRW, about −48% (overvalued).
What is the fair value of 043260?
Our model-based fair value for Sungho Electronics Corp is 9,016 KRW (as of Jul 17, 2026), built from audited fundamentals. The current price is 17,210 KRW.
What is the quality score of 043260?
Sungho Electronics Corp has a Quality Score of 37/100. 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 Sungho Electronics Corp (043260)?
Sungho Electronics Corp reported trailing-twelve-month revenue of about 146B KRW (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 043260?
The net profit margin of Sungho Electronics Corp is about -3.8%, meaning it is currently running at a net loss. 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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