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Hyundai Rotem Company (064350) Fair Value & Analysis

Industrials · KR · Market cap 18.3T KRW

HR Hyundai Rotem Company 064350 · KO
Price144,200 KRW
Fair Value125,182 KRW
Upside-13.2%
Quality45/100
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Healthy Growth
Solidly profitable · 13.3% net margin
Low debt · generates free cash flow
0.36% dividend yield
Ranks above peers (7/10)
Wide moat 67/100
Evidence: High Range 90,783 KRW – 172,073 KRW Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 23 days ago

Share price −22.6% over the past month.

Below-average quality, and screening another 13% overvalued on our models.

What matters now

  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (90,783 KRW to 172,073 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

269,000 KRW 17,639 KRW Fair Value 125,182 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 17,639 KRW – 269,000 KRW · fair‑value band 90,783 KRW – 172,073 KRW · the 144,200 KRW price screens above the 125,182 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

Hyundai Rotem Company (064350) currently trades at 144,200 KRW, while our model-based Fair Value estimate is 125,182 KRW, implying the stock looks roughly 13.2% overvalued today. We read business quality at 45/100 (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, Hyundai Rotem Company generated revenue of 6.1T KRW at a net margin of 13.3%. Revenue grew 23.9% year over year. It earns a return on equity of 30.6%. Net debt stands at 185B KRW. Fundamentals as of Jul 16, 2026

Our scenario range runs from 90,783 KRW (bear case) to 172,073 KRW (bull case); at 144,200 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 49% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -44% fair-value upside, at -13%, 064350 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 BearBaseBull Evidence
Highest evidence
Growth DCF 100,377 KRW 174,221 KRW 307,025 KRW 80
Residual Income 53,198 KRW 79,268 KRW 698,187 KRW 76
Rev-Margin DCF 93,832 KRW 157,981 KRW 240,495 KRW 74
All 26 models by family
DCF Models
FCF DCF 100,668 KRW 179,435 KRW 322,213 KRW 38
Owner Earnings 91,378 KRW 162,268 KRW 290,769 KRW 31
5Y Revenue Exit 93,832 KRW 159,680 KRW 249,069 KRW 39
5Y EBITDA Exit 97,234 KRW 166,670 KRW 253,414 KRW 41
5Y P/E Exit 104,046 KRW 180,666 KRW 268,087 KRW 38
10Y Revenue Exit 92,425 KRW 156,700 KRW 255,088 KRW 36
10Y EBITDA Exit 97,720 KRW 161,929 KRW 258,796 KRW 37
10Y P/E Exit 102,333 KRW 172,401 KRW 271,322 KRW 35
Earnings-Based
Graham-Dodd 47,971 KRW 219,625 KRW 301,413 KRW 54
Lynch FV 57,628 KRW 82,326 KRW 107,024 KRW 50
PEG = 1.0 57,628 KRW 82,326 KRW 107,024 KRW 46
EPV 90,693 KRW 105,327 KRW 118,335 KRW 59
Dividend Discount
Gordon GGM 1,924 KRW 4,200 KRW 7,067 KRW 70
DDM Multi-Stage 1,924 KRW 3,440 KRW 4,377 KRW 61
Multiples
P/E Multiple 105,818 KRW 141,091 KRW 176,363 KRW 63
P/S Multiple 89,945 KRW 119,927 KRW 149,909 KRW 58
P/B Multiple 63,475 KRW 84,633 KRW 105,792 KRW 55
EV/EBIT 132,156 KRW 173,619 KRW 215,082 KRW 53
EV/EBITDA 102,926 KRW 134,646 KRW 166,365 KRW 54
EV/Revenue 91,614 KRW 127,549 KRW 163,484 KRW 43
Asset-Based
NCAV (Graham) 14,106 KRW 18,901 KRW 28,211 KRW 50
Growth DCF
Growth DCF 100,377 KRW 174,221 KRW 307,025 KRW 80
Rev-Margin DCF 93,832 KRW 157,981 KRW 240,495 KRW 74
Economic Profit
Residual Income 53,198 KRW 79,268 KRW 698,187 KRW 76
ROIC Compounder 99,681 KRW 127,615 KRW 161,551 KRW 72
Growth Earnings
Growth-Adj P/E 90,218 KRW 128,883 KRW 167,548 KRW 68

Widest divergence: DCF Models (162,268 KRW) versus Dividend Discount (3,440 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 6.1T KRW
Revenue growth (YoY) +23.9%
Net margin 13.3%
Return on equity 30.6%
Free cash flow 748B KRW FY2025
Operating margin 15.4%
More key figures
Dividend yield 0.3%
EPS growth (YoY) +27.2%
Net debt 185B KRW FY2023

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 62 · Market factors (momentum, volatility) 7

Profitability 54
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 8
Calm price path (market factor)
Momentum 8
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

Hyundai Rotem Company manufactures and sells railway vehicles, defense systems, and plants and machinery in South Korea and internationally.

Full company description

Hyundai Rotem Company manufactures and sells railway vehicles, defense systems, and plants and machinery in South Korea and internationally. The company provides railway solutions, such as high-speed trains, regional and intercity, commuter trains and metros, tram and LRVs, locomotives, and passengers cars; power mechanical, inspection, and system engineering; operation and maintenance; signaling; and hydrogen mobility services. It also offers defense solutions, including tanks, wheeled armored vehicles, and future weapon systems. In addition, the company provides logistic automation system, automotive conveyor system, port AGV, and boarding bridge and cargo handling system; hydrogen infrastructure solutions; press equipment, such as servo, mechanical, and stamping press; and steel plant, that includes blast furnace, and cranes, as well as iron making, steel making, rolling mill, and environment and supplement facilities. Hyundai Rotem Company was founded in 1977 and is headquartered in Uiwang-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hyundai Rotem Company reported revenue of 5.8T KRW in FY2025 versus 2.9T KRW in FY2021, a compound +19.4%/yr. Reported net income was 770B KRW in FY2025, compounding +84.5%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.8T KRW
Latest YoY
+33.4%
Avg. growth/yr (3Y)
+22.7%
Avg. growth/yr (5Y)
+16.0%
Avg. growth/yr (12Y)
+4.9%
Revenue +19.4%/yr
FY21 2.9T KRW
FY22 3.2T KRW
FY23 3.6T KRW
FY24 4.4T KRW
FY25 5.8T KRW
Net income +84.5%/yr
FY21 66.5B KRW
FY22 198B KRW
FY23 161B KRW
FY24 407B KRW
FY25 770B KRW

064350 screens 13% overvalued. Compare with Union Pacific Corporation →

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Cite: Fair Value Calculator (2026). "Hyundai Rotem Company Fair Value". https://www.fairvalue-calculator.com/stock/064350

Peer Group

Railroads · 109 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 45 · Below median
Fair Value upside −13% · Below median
Return on equity (TTM) 31% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 13% · Above median
Operating margin (TTM) 15% · Above median
Revenue growth 24% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.02× · Lower than 75% of peers

Valuation Multiples vs Railroads 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 16 · sector 27
FUTURE 100 · sector 20
PAST 100 · sector 31
HEALTH 99 · sector 88
DIVIDEND 7 · sector 41

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 Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Union Pacific Corporation UNP $301.75 $144.60 -52%
CSX Corporation CSX $49.41 $12.85 -74%
Canadian Pacific Kansas City Limited CP $92.91 $35.00 -62%
Canadian National Railway Company CNI $128.22 $92.63 -28%
Norfolk Southern Corporation NSC $327.47 $117.90 -64%
Westinghouse Air Brake Technologies Corporation WAB $259.71 $144.80 -44%
Beijing-Shanghai High-Speed Railway Co 601816 ¥4.82 ¥5.65 +17%
CRRC Corporation 601766 ¥5.65 ¥9.53 +69%
Daqin Railway Co 601006 ¥4.85 ¥6.24 +29%
Getlink SE GET €18.51 €10.42 -44%

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Frequently asked questions

Is Hyundai Rotem Company (064350) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 125,182 KRW versus a price of 144,200 KRW, about −13% (overvalued).
What is the fair value of 064350?
Our model-based fair value for Hyundai Rotem Company is 125,182 KRW (as of Jul 16, 2026), built from audited fundamentals. The current price is 144,200 KRW.
What is the quality score of 064350?
Hyundai Rotem Company has a Quality Score of 45/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Hyundai Rotem Company (064350)?
Hyundai Rotem Company reported trailing-twelve-month revenue of about 6.1T KRW (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 064350?
The net profit margin of Hyundai Rotem Company is about 13.3%, meaning it keeps roughly 13.3% of revenue as net income. Based on the latest reported figures.
Does Hyundai Rotem Company pay a dividend?
Hyundai Rotem Company currently shows a dividend yield of about 0.31% relative to its recent price (as of Jul 16, 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.

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