EN DE

Tapex Co (055490) Fair Value & Analysis

Basic Materials · KR · Market cap 62.2B KRW

TC Tapex Co 055490 · KO
Price13,950 KRW
Fair Value13,990 KRW
Upside+0.3%
Quality55/100
Watch Tapex Co for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 3.5% net margin
Low debt · generates free cash flow
1.57% dividend yield
Ranks above peers (6/10)
Narrow moat 27/100
Evidence: High Range 10,493 KRW – 17,488 KRW Share as image

Fair value as of: Jul 24, 2026

From 23 valuation models · updated 17 days ago

Fair value updated Jul 24, 2026, revised from 7,188 KRW to 13,990 KRW (+94.6%) since Jul 6, 2026. Share price +6.7% 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 10,493 KRW (bear) to 17,488 KRW (bull), base 13,990 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)

84,260 KRW 10,850 KRW Fair Value 13,990 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 10,850 KRW – 84,260 KRW · fair‑value band 10,493 KRW – 17,488 KRW · the 13,950 KRW price screens below the 13,990 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

Tapex Co (055490) currently trades at 13,950 KRW, while our model-based Fair Value estimate is 13,990 KRW, implying the stock looks roughly 0.3% fairly valued today. The Quality Score stands at 55/100 (solid quality), in the Basic Materials 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, Tapex Co generated revenue of 149B KRW at a net margin of 3.5%. Revenue grew 24.3% year over year. It earns a return on equity of 3.3%. Net debt stands at 5.6B KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 10,493 KRW (bear case) to 17,488 KRW (bull case); at 13,950 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 40% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at 0%, 055490 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 14,567 KRW 19,961 KRW 27,315 KRW 80
Residual Income 22,483 KRW 20,985 KRW 15,674 KRW 76
Rev-Margin DCF 8,667 KRW 11,512 KRW 14,636 KRW 74
All 23 models by family
DCF Models
FCF DCF 14,178 KRW 19,971 KRW 28,216 KRW 38
Owner Earnings 4,035 KRW 5,357 KRW 7,239 KRW 31
5Y Revenue Exit 8,667 KRW 11,290 KRW 14,394 KRW 39
5Y EBITDA Exit 14,618 KRW 21,858 KRW 29,908 KRW 41
5Y P/E Exit 8,813 KRW 11,550 KRW 14,207 KRW 38
10Y Revenue Exit 10,478 KRW 13,203 KRW 16,372 KRW 36
10Y EBITDA Exit 14,332 KRW 20,340 KRW 27,661 KRW 37
10Y P/E Exit 10,706 KRW 13,379 KRW 16,235 KRW 35
Earnings-Based
Graham-Dodd 2,875 KRW 6,681 KRW 8,585 KRW 54
PEG = 1.0 1,134 KRW 1,619 KRW 2,105 KRW 46
EPV 3,540 KRW 3,957 KRW 4,322 KRW 59
Multiples
P/E Multiple 5,391 KRW 7,188 KRW 8,985 KRW 63
P/S Multiple 5,391 KRW 7,188 KRW 8,985 KRW 58
P/B Multiple 5,391 KRW 7,188 KRW 8,985 KRW 55
EV/EBIT 6,558 KRW 8,398 KRW 10,239 KRW 53
EV/EBITDA 16,847 KRW 22,118 KRW 27,389 KRW 54
EV/Revenue 5,821 KRW 7,872 KRW 9,923 KRW 43
Asset-Based
NCAV (Graham) 16,323 KRW 21,872 KRW 32,645 KRW 50
Growth DCF
Growth DCF 14,567 KRW 19,961 KRW 27,315 KRW 80
Rev-Margin DCF 8,667 KRW 11,512 KRW 14,636 KRW 74
Economic Profit
Residual Income 22,483 KRW 20,985 KRW 15,674 KRW 76
ROIC Compounder 3,540 KRW 3,957 KRW 4,322 KRW 72
Growth Earnings
Growth-Adj P/E 4,132 KRW 5,903 KRW 7,673 KRW 68

Widest divergence: Asset-Based (21,872 KRW) versus Earnings-Based (3,957 KRW). Highest evidence: Growth DCF (80).

Notify me when 055490 reaches fair value

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

Key figures & financial health

Revenue (TTM) 149B KRW
Revenue growth (YoY) +24.3%
Net margin 3.5%
Return on equity 3.3%
Free cash flow 5.9B KRW FY2025
Operating margin 4.8%
More key figures
Dividend yield 1.6%
EPS growth (YoY) +9.6%
Net debt 5.6B 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 54 · Market factors (momentum, volatility) 28

Profitability 25
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 80
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

Tapex Co., Ltd. manufactures and sells adhesive tapes in South Korea. The company offers lightproof/heat radiations, laminating tapes, masking tapes, sealing tapes, optically clear adhesive films, and TSP tapes; household plastics wraps and restaurant supply wraps; zipper bags, paper pipes, reusable cups, insulation tapes, folding boxes, hand carts, OPP …

Full company description

Tapex Co., Ltd. manufactures and sells adhesive tapes in South Korea. The company offers lightproof/heat radiations, laminating tapes, masking tapes, sealing tapes, optically clear adhesive films, and TSP tapes; household plastics wraps and restaurant supply wraps; zipper bags, paper pipes, reusable cups, insulation tapes, folding boxes, hand carts, OPP tapes, insulation tapes, and nitrile and medical gloves. The company's products are used in secondary batteries, displays, and semiconductors, food packaging, kitchenware, household and industrial products, and medical supplies. It also exports its products. The company was formerly known as Seotong Chemical Co., Ltd. Tapex Co., Ltd. was founded in 1977 and is headquartered in Suwon-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tapex Co reported revenue of 141B KRW in FY2025 versus 155B KRW in FY2021, a compound −2.3%/yr. Reported net income was 2.0B KRW in FY2025, compounding −42.9%/yr from FY2021.

Growth Quality 62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
141B KRW
Latest YoY
+3.8%
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.
−8.2%
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.
+3.5%
Avg. growth/yr (9Y) 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.
+9.3%
Revenue −2.3%/yr
FY21 155B KRW
FY22 182B KRW
FY23 146B KRW
FY24 136B KRW
FY25 141B KRW
Net income −42.9%/yr
FY21 18.9B KRW
FY22 18.9B KRW
FY23 8.1B KRW
FY24 3.6B KRW
FY25 2.0B KRW

Watch 055490: 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). "Tapex Co Fair Value". https://www.fairvalue-calculator.com/stock/055490

Peer Group

Specialty Chemicals · 673 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 · Above median
Fair Value upside +0% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 24% · Top 25%
Dividend yield (TTM) 1.6% · Above median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Specialty Chemicals 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 34 · sector 0
FUTURE 100 · sector 19
PAST 13 · sector 23
HEALTH 98 · sector 95
DIVIDEND 31 · sector 25

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 Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $489.98 $222.03 -55%
Nan Ya Plastics Corporation 1303 181.50 TWD 255.83 TWD +41%
Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

Compare Tapex Co with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials 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 Tapex Co (055490) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 13,990 KRW versus a price of 13,950 KRW, about +0% (fairly valued).
What is the fair value of 055490?
Our model-based fair value for Tapex Co is 13,990 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 13,950 KRW.
What is the quality score of 055490?
Tapex Co 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 Tapex Co (055490)?
Tapex Co reported trailing-twelve-month revenue of about 149B KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 055490?
The net profit margin of Tapex Co is about 3.5%, meaning it keeps roughly 3.5% of revenue as net income. Based on the latest reported figures.
Does Tapex Co pay a dividend?
Tapex Co currently shows a dividend yield of about 1.12% relative to its recent price (as of Jul 24, 2026).

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 Tapex Co 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.