EN DE

Union Materials Corp (047400) Fair Value & Analysis

Industrials · KR · Market cap 41.1B KRW

UM Union Materials Corp 047400 · KO
Price955.00 KRW
Fair Value995.69 KRW
Upside+4.3%
Quality55/100
Watch Union Materials Corp for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 2.6% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 32/100
Evidence: High Range 746.77 KRW – 1,265 KRW Share as image

Fair value as of: Jul 24, 2026

From 22 valuation models · updated 17 days ago

Share price −7.7% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 746.77 KRW (bear) to 1,265 KRW (bull), base 995.69 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 55/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

6,720 KRW 842.00 KRW Fair Value 995.69 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range 842.00 KRW – 6,720 KRW · fair‑value band 746.77 KRW – 1,265 KRW · the 955.00 KRW price screens below the 995.69 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Union Materials Corp (047400) currently trades at 955.00 KRW, while our model-based Fair Value estimate is 995.69 KRW, implying the stock looks roughly 4.3% fairly valued today. The Quality Score stands at 55/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Union Materials Corp generated revenue of 99.2B KRW at a net margin of 2.6%. Revenue declined 9.8% year over year. It earns a return on equity of 15.2%. Net debt stands at 88.5B KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 746.77 KRW (bear case) to 1,265 KRW (bull case); at 955.00 KRW, the current price sits within 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 64% 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 4%, 047400 screens cheaper 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 2,006 KRW 2,770 KRW 4,077 KRW 80
Residual Income 438.89 KRW 529.45 KRW 1,120 KRW 76
Rev-Margin DCF 1,343 KRW 1,928 KRW 2,658 KRW 74
All 22 models by family
DCF Models
FCF DCF 1,912 KRW 2,699 KRW 4,157 KRW 38
Owner Earnings 311.93 KRW 470.71 KRW 764.77 KRW 31
5Y Revenue Exit 1,343 KRW 1,881 KRW 2,661 KRW 39
5Y EBITDA Exit 1,571 KRW 2,276 KRW 3,210 KRW 41
5Y P/E Exit 1,188 KRW 1,613 KRW 2,126 KRW 38
10Y Revenue Exit 1,520 KRW 1,941 KRW 2,382 KRW 36
10Y EBITDA Exit 1,689 KRW 2,186 KRW 2,704 KRW 37
10Y P/E Exit 1,457 KRW 1,776 KRW 2,068 KRW 35
Earnings-Based
Graham-Dodd 398.28 KRW 486.78 KRW 547.63 KRW 54
EPV 799.45 KRW 948.10 KRW 1,078 KRW 59
Multiples
P/E Multiple 966.41 KRW 1,289 KRW 1,611 KRW 63
P/S Multiple 746.77 KRW 995.69 KRW 1,245 KRW 58
P/B Multiple 746.77 KRW 995.69 KRW 1,245 KRW 55
EV/EBIT 1,653 KRW 2,235 KRW 2,816 KRW 53
EV/EBITDA 1,602 KRW 2,166 KRW 2,731 KRW 54
EV/Revenue 1,084 KRW 1,588 KRW 2,092 KRW 43
Asset-Based
NCAV (Graham) 233.65 KRW 313.09 KRW 467.30 KRW 50
Growth DCF
Growth DCF 2,006 KRW 2,770 KRW 4,077 KRW 80
Rev-Margin DCF 1,343 KRW 1,928 KRW 2,658 KRW 74
Economic Profit
Residual Income 438.89 KRW 529.45 KRW 1,120 KRW 76
ROIC Compounder 799.45 KRW 987.89 KRW 1,184 KRW 72
Growth Earnings
Growth-Adj P/E 681.24 KRW 973.20 KRW 1,265 KRW 68

Widest divergence: Growth DCF (1,928 KRW) versus Asset-Based (313.09 KRW). Highest evidence: Growth DCF (80).

Notify me when 047400 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 99.2B KRW
Revenue growth (YoY) -9.8%
Net margin 2.6%
Return on equity 15.2%
Free cash flow 8.7B KRW FY2025
Operating margin 4.3%
More key figures
EPS growth (YoY) +37.7%
Net debt 88.5B KRW FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 51 · Market factors (momentum, volatility) 15

Profitability 35
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 4
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 82
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

Union Materials Corp., together with its subsidiaries, manufactures and sells ferrite magnets for motors in South Korea and internationally. The company operates through Ceramic and Ferrite segments.

Full company description

Union Materials Corp., together with its subsidiaries, manufactures and sells ferrite magnets for motors in South Korea and internationally. The company operates through Ceramic and Ferrite segments. It offers fine ceramics products, such as alumina, silicon nitride, zirconia, and silicon carbide materials; cermet, ceramics, PCBN/PCD cutting tools, tool holders, milling cutters, endmills and drills, and hydraulic expansion chucks; and industrial ceramics, such as faucet discs, ferrule for fiber optics, metalized parts, bio-ceramics, and other related products. The company also provides ferrite magnets, such as ARC type for D/C motor applications and rectangular (block) type for industrial applications. It serves automobile, electrical and electronic engineering, and machinery industries. The company was formerly known as Ssangyong Materials Corp. and changed its name to Union Materials Corp. in September 2017. Union Materials Corp. is headquartered in Daegu, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Union Materials Corp reported revenue of 102B KRW in FY2025 versus 118B KRW in FY2021, a compound −3.6%/yr. Reported net income was 2.5B KRW in FY2025, compounding +45.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
102B KRW
Latest YoY
−5.9%
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.
−6.9%
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.
+1.7%
Avg. growth/yr (14Y) 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.
+1.0%
Revenue −3.6%/yr
FY21 118B KRW
FY22 126B KRW
FY23 116B KRW
FY24 108B KRW
FY25 102B KRW
Net income +45.9%/yr
FY21 544M KRW
FY22 −215M KRW
FY23 −18.1B KRW
FY24 −46.5B KRW
FY25 2.5B KRW

Watch 047400: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Union Materials Corp Fair Value". https://www.fairvalue-calculator.com/stock/047400

Peer Group

Tools & Accessories · 119 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 55 · Below median
Fair Value upside +4% · Above median
Return on equity (TTM) 15% · Top 25%
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth -10% · Bottom 25%
Debt / equity 0.31× · Higher than 75% of peers

Valuation Multiples vs Tools & Accessories median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 0.5× · 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 39 · sector 3
FUTURE 0 · sector 14
PAST 61 · sector 28
HEALTH 85 · sector 96
DIVIDEND 0 · sector 36

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 Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company 0669 HK$129.60 HK$81.05 -37%
Snap-on Incorporated SNA $410.99 $350.46 -15%
RBC Bearings Incorporated RBC $595.49 $184.29 -69%
Lincoln Electric Holdings LECO $252.58 $154.80 -39%
Stanley Black & Decker, Inc SWK $88.22 $54.24 -39%
AB SKF (publ) SKFB kr 258.90 kr 192.57 -26%
The Timken Company TKR $139.47 $66.33 -52%
The Toro Company TTC $94.42 $69.71 -26%
SFS Group SFSN CHF 140.00 CHF 118.30 -16%
Hangzhou Greatstar Industrial Co 002444 ¥29.33 ¥35.72 +22%

Compare Union Materials Corp with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Union Materials Corp (047400) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 995.69 KRW versus a price of 955.00 KRW, about +4% (fairly valued).
What is the fair value of 047400?
Our model-based fair value for Union Materials Corp is 995.69 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 955.00 KRW.
What is the quality score of 047400?
Union Materials Corp has a Quality Score of 55/100. 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 Union Materials Corp (047400)?
Union Materials Corp reported trailing-twelve-month revenue of about 99.2B KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 047400?
The net profit margin of Union Materials Corp is about 2.6%, meaning it keeps roughly 2.6% 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.

14 days Pro free · no card

Track Union Materials Corp and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.