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Daeho Al Co (069460) Fair Value & Analysis

Basic Materials · KR · Market cap 9.3B KRW

DA Daeho Al Co 069460 · KO
Price2,660 KRW
Fair Value1,249 KRW
Upside-53.0%
Quality41/100
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Expensive Growth
Loss-making · -17.4% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 13/100
Evidence: Medium Range 708.14 KRW – 2,085 KRW Share as image

Fair value as of: Jul 22, 2026

From 8 valuation models · updated 19 days ago

Below-average quality, and screening another 53% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,085 KRW). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (708.14 KRW to 2,085 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

2,660 KRW 0.9824 KRW Fair Value 1,249 KRW Mar 2021 Jul 2026

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

How to read this chart

60‑month range 0.9824 KRW – 2,660 KRW · fair‑value band 708.14 KRW – 2,085 KRW · the 2,660 KRW price screens above the 1,249 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Daeho Al Co (069460) currently trades at 2,660 KRW, while our model-based Fair Value estimate is 1,249 KRW, implying the stock looks roughly 53.0% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Basic Materials 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: medium).

Over the trailing twelve months, Daeho Al Co generated revenue of 229B KRW at a net margin of -17.4%. Revenue grew 25.7% year over year. It earns a return on equity of -48.2%. Net debt stands at 44.5B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 708.14 KRW (bear case) to 2,085 KRW (bull case); at 2,660 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 near its 52-week high, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 19% fair-value upside, at -53%, 069460 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 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
ROIC Compounder 2,463 KRW 2,690 KRW 2,885 KRW 72
Gordon GGM 665.10 KRW 1,296 KRW 2,007 KRW 70
DDM Multi-Stage 665.10 KRW 1,008 KRW 1,360 KRW 61
All 8 models by family
Earnings-Based
EPV 2,463 KRW 2,690 KRW 2,885 KRW 59
Dividend Discount
Gordon GGM 665.10 KRW 1,296 KRW 2,007 KRW 70
DDM Multi-Stage 665.10 KRW 1,008 KRW 1,360 KRW 61
Multiples
EV/EBIT 3,127 KRW 3,825 KRW 4,524 KRW 53
EV/EBITDA 4,423 KRW 5,554 KRW 6,685 KRW 54
EV/Revenue 2,847 KRW 3,626 KRW 4,404 KRW 43
Asset-Based
NCAV (Graham) 2,396 KRW 3,210 KRW 4,792 KRW 50
Economic Profit
ROIC Compounder 2,463 KRW 2,690 KRW 2,885 KRW 72

Widest divergence: Multiples (3,825 KRW) versus Dividend Discount (1,008 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 229B KRW
Revenue growth (YoY) +25.7%
Net margin -17.4%
Return on equity -48.2%
Free cash flow −6.6B KRW FY2025
Operating margin 2.8%
More key figures
EPS growth (YoY) +2,066%
Net debt 44.5B KRW FY2025

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 83

Profitability 23
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 50
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

Daeho Al Co.,Ltd. produces and sells various aluminum products in South Korea. It offers aluminum coils, sheets, and circles that are used as material for various industries, such as EV, ESS, LED TV, mobile phones, refrigerators, and auto parts; manufactures railway vehicles; and manufactures ventilation systems.

Full company description

Daeho Al Co.,Ltd. produces and sells various aluminum products in South Korea. It offers aluminum coils, sheets, and circles that are used as material for various industries, such as EV, ESS, LED TV, mobile phones, refrigerators, and auto parts; manufactures railway vehicles; and manufactures ventilation systems. The company was founded in 2002 and is headquartered in Daegu, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Daeho Al Co reported revenue of 216B KRW in FY2025 versus 143B KRW in FY2021, a compound +10.7%/yr. Reported net income was −32.1B KRW in FY2025.

Growth Quality 40/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
216B KRW
Latest YoY
+28.0%
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.
+7.4%
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.
+12.2%
Avg. growth/yr (18Y) 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.
+4.1%
Revenue +10.7%/yr
FY21 143B KRW
FY22 174B KRW
FY23 182B KRW
FY24 169B KRW
FY25 216B KRW
Net income
FY21 −3.0B KRW
FY22 5.9B KRW
FY23 3.5B KRW
FY24 1.4B KRW
FY25 −32.1B KRW
Character of growth · EPS growth decomposed (2011-2022) −4.6 % p.a.
Revenue per share −5.4 pp

of which total revenue −1.2 pp · buybacks/dilution −4.2 pp

EBIT margin −1.5 pp
Tax rate +2.6 pp
Residual (interest, one-offs) −0.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

069460 screens 53% overvalued. Compare with Shandong Hongqiao Aluminum Industry Holding →

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Cite: Fair Value Calculator (2026). "Daeho Al Co Fair Value". https://www.fairvalue-calculator.com/stock/069460

Peer Group

Aluminum · 83 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 41 · Below median
Fair Value upside −53% · Below median
Return on assets -10% · Bottom 25%
Net margin (TTM) -17% · Bottom 25%
Operating margin (TTM) 3% · Bottom 25%
Revenue growth 26% · Top 25%
Debt / equity 0.03× · Lower than median

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 13
FUTURE 100 · sector 26
PAST 0 · sector 30
HEALTH 99 · sector 91
DIVIDEND 0 · sector 33

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

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 Aluminum stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Shandong Hongqiao Aluminum Industry Holding 002379 ¥18.54 ¥26.70 +44%
China Hongqiao Group 1378 HK$24.54 HK$45.53 +86%
Hindalco Industries Limited HINDALCO ₹955.80 ₹1,026 +7%
Aluminum Corporation 601600 ¥8.11 ¥12.58 +55%
Norsk Hydro ASA NHY kr 84.96 kr 58.10 -32%
Press Metal Aluminium Holdings 8869 8.02 MYR 3.88 MYR -52%
Alcoa Corporation AAI A$70.60 A$49.53 -30%
Yunnan Aluminium Co 000807 ¥25.12 ¥29.68 +18%
Henan Shenhuo Coal Industry and Electricity Power Co 000933 ¥25.51 ¥30.28 +19%
Tianshan Aluminum Group 002532 ¥11.99 ¥21.86 +82%

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Frequently asked questions

Is Daeho Al Co (069460) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,249 KRW versus a price of 2,660 KRW, about −53% (overvalued).
What is the fair value of 069460?
Our model-based fair value for Daeho Al Co is 1,249 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 2,660 KRW.
What is the quality score of 069460?
Daeho Al Co has a Quality Score of 41/100. 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 Daeho Al Co (069460)?
Daeho Al Co reported trailing-twelve-month revenue of about 229B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 069460?
The net profit margin of Daeho Al Co is about -17.4%, 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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