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H&S Hightech Corp (044990) Fair Value & Analysis

Technology · KR · Market cap 77.6B KRW (≈ $54.3M)

What is H&S Hightech Corp really worth?

HS H&S Hightech Corp 044990 · KQ
Price11,040 KRW
Fair Value16,055 KRW
Upside+45.4%
Quality50/100

A solid business, trading 31% below our fair value of 16,055 KRW.

As of Aug 22, 2026, the fair value of H&S Hightech Corp is 16,055 KRW per share against a price of 11,040 KRW, so the fair value sits 45% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Solidly profitable · 10.6% net margin
Ranks above peers (7/8)

Risks

!Weak Growth (revenue 3y −5.6 %/yr)
!negative free cash flow
!Moderate moat 48/100
!Evidence only medium, so the estimate is less certain

For context

·2.26% dividend yield
Evidence: Medium Range 11,872 KRW – 20,872 KRW

Fair value as of: Aug 22, 2026

From 14 valuation models · updated 15 days ago

Share price −8.6% over the past month.

What runs behind every stock

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

What matters now

  • The price is below even our cautious bear case (11,872 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (22 months)

23,565 KRW 9,220 KRW Fair Value 16,055 KRW Oct 2024 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

22‑month range 9,220 KRW – 23,565 KRW · fair‑value band 11,872 KRW – 20,872 KRW · the 11,040 KRW price screens below the 16,055 KRW fair value. Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

H&S Hightech Corp (044990) currently trades at 11,040 KRW, while our model-based Fair Value estimate is 16,055 KRW, implying the stock looks roughly 31.2% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Technology sector. Bull case: the Multiples group reads highest at a median of 19,670 KRW per share, and 10 of the 14 models we run sit above the 11,040 KRW price. Bear case: the Dividend Discount group reads lowest at 2,706 KRW, and 4 of the 14 models stay below the price. Evidence for this calculation is medium.

Our scenario range runs from 11,872 KRW (bear case) to 20,872 KRW (bull case); at 11,040 KRW, the current price sits below 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 54% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at 45%, 044990 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Residual Income best evidence 12,115 KRW 13,146 KRW 16,961 KRW 73
EPV 10,959 KRW 12,646 KRW 14,121 KRW 68
Gordon GGM 2,472 KRW 2,706 KRW 3,062 KRW 67
All 14 models by family
Earnings-Based
Graham-Dodd 8,414 KRW 10,283 KRW 11,569 KRW 65
EPV 10,959 KRW 12,646 KRW 14,121 KRW 68
Dividend Discount
Gordon GGM 2,472 KRW 2,706 KRW 3,062 KRW 67
DDM Multi-Stage 2,472 KRW 3,101 KRW 3,984 KRW 65
Multiples
P/E Multiple 15,776 KRW 21,034 KRW 26,293 KRW 63
P/S Multiple 12,821 KRW 17,094 KRW 21,368 KRW 58
P/B Multiple 15,776 KRW 21,034 KRW 26,293 KRW 55
EV/EBIT 14,962 KRW 19,670 KRW 24,377 KRW 63
EV/EBITDA 16,653 KRW 21,924 KRW 27,196 KRW 64
EV/Revenue 12,806 KRW 17,934 KRW 23,062 KRW 51
Asset-Based
NCAV (Graham) 7,158 KRW 9,592 KRW 14,317 KRW 51
Economic Profit
Residual Income best evidence 12,115 KRW 13,146 KRW 16,961 KRW 73
ROIC Compounder 10,959 KRW 12,646 KRW 14,121 KRW 67
Growth Earnings
Growth-Adj P/E 11,239 KRW 16,055 KRW 20,872 KRW 65

Widest divergence: Multiples (19,670 KRW) versus Dividend Discount (2,706 KRW). Highest evidence: Residual Income (73).

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Key figures & financial health

Dividend yield 2.3%
Net margin 10.9% FY2025
Return on assets (EBIT) 14.8% avg 4y
Free cash flow −5.1B KRW FY2025

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 52 · Market factors (momentum, volatility) 26

Profitability 49
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 19
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 99
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

H&S Hightech Corp. develops, manufactures, and markets telecommunication component products primarily in South Korea. The company's anisotropic conducting film products are used in PCB, LCD/OLED, hyper-distribution technology, glass/films, COP, camera modules, COF, and fingerprints.

Full company description

H&S Hightech Corp. develops, manufactures, and markets telecommunication component products primarily in South Korea. The company's anisotropic conducting film products are used in PCB, LCD/OLED, hyper-distribution technology, glass/films, COP, camera modules, COF, and fingerprints. It also offers frequency control products, such as crystal units, watch crystals, clock and MEMS oscillators, VCXO, automotive, high precision, and real time clock products. The company was formerly known as TELEPHUS Co., Ltd. and changed its name to H&S Hightech Corp. in April 2009. H&S Hightech Corp. was founded in 1995 and is headquartered in Daejeon, South Korea.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

H&S Hightech Corp reported revenue of 81.9B KRW in FY2025 versus 97.2B KRW in FY2022, a compound −5.6%/yr. Reported net income was 8.9B KRW in FY2025, compounding −22.8%/yr from FY2022.

Growth Quality 19/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
81.9B KRW
Latest YoY
+7.5%
Avg. revenue 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.
−5.6%
Value creation/yr (3Y, in KRW) Earnings growth per share (CAGR 3 years, EBIT basis) plus dividend yield: value created per share and year. 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.
−14.8% · in KRW
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−17.1%
Dividend yield2.3%
Operating margin (EBIT) 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.22.2% (2022) → 11.8% (2025) · falling
Worst earnings drop69% (2025) · in KRW
Revenue −5.6%/yr
FY22 97.2B KRW
FY23 80.6B KRW
FY24 76.2B KRW
FY25 81.9B KRW
Net income −22.8%/yr
FY22 19.3B KRW
FY23 30.1B KRW
FY24 14.7B KRW
FY25 8.9B KRW

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Cite: Fair Value Calculator (2026). "H&S Hightech Corp Fair Value". https://www.fairvalue-calculator.com/stock/044990

Peer Group

Electronic Components · 638 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 50 · Below median
Fair Value upside +45% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 9% · Above median
Dividend yield (TTM) 2.3% · Above median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE94 · sector 0
FUTURE47 · sector 40
PAST34 · sector 25
HEALTH0 · sector 95
DIVIDEND45 · sector 24

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
Amphenol Corporation APH $157.74 $97.19 −38%
Corning Incorporated GLW CHF 134.64 CHF 35.18 −74%
Delta Electronics, Inc 2308 1,750 TWD 602.37 TWD −66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 −31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW −88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 −90%
TE Connectivity plc TEL $202.66 $144.42 −29%
Shengyi Technology Co 600183 ¥132.80 ¥36.30 −73%
Flex Ltd FLEX $124.53 $48.10 −61%
Celestica Inc CLS $298.70 $113.54 −62%

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Frequently asked questions

Is H&S Hightech Corp (044990) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of 16,055 KRW versus a price of 11,040 KRW, about +45% upside (undervalued).
What is the fair value of 044990?
Our model-based fair value for H&S Hightech Corp is 16,055 KRW (as of Aug 22, 2026), built from audited fundamentals. The current price: 11,040 KRW.
What is the quality score of 044990?
H&S Hightech Corp has a Quality Score of 50/100. 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 H&S Hightech Corp (044990)?
Our model-based price target is the fair value of 16,055 KRW (as of Aug 22, 2026) from 14 valuation models. Cautious scenario 11,872 KRW, optimistic scenario 20,872 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the H&S Hightech Corp stock forecast for 2026?
Our models put fair value at 16,055 KRW, about +45% upside versus a price of 11,040 KRW (undervalued). Cautious scenario 11,872 KRW, optimistic scenario 20,872 KRW. The calculation is refreshed regularly with new filings.
What is the net profit margin of 044990?
The net profit margin of H&S Hightech Corp is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does H&S Hightech Corp pay a dividend?
H&S Hightech Corp currently shows a dividend yield of about 2.26% relative to its recent price (as of Aug 22, 2026).
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