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KSP Co (073010) Fair Value & Analysis

Energy · KR · Market cap 109B KRW

KC KSP Co 073010 · KQ
Price2,890 KRW
Fair Value2,537 KRW
Upside-12.2%
Quality29/100
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Expensive Growth
Thin margins · 2.9% net margin
Low debt · negative free cash flow
0.35% dividend yield
Mixed vs. peers (4/8)
Narrow moat 26/100
Evidence: Medium Range 1,903 KRW – 3,314 KRW Share as image

Fair value as of: Jul 22, 2026

From 14 valuation models · updated 19 days ago

Share price +1.0% over the past month.

Below-average quality, and screening another 12% overvalued on our models.

What matters now

  • Our model range runs from 1,903 KRW (bear) to 3,314 KRW (bull), base 2,537 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 29/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

7,963 KRW 1,573 KRW Fair Value 2,537 KRW Mar 2021 Aug 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 1,573 KRW – 7,963 KRW · fair‑value band 1,903 KRW – 3,314 KRW · the 2,890 KRW price screens above the 2,537 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

KSP Co (073010) currently trades at 2,890 KRW, while our model-based Fair Value estimate is 2,537 KRW, implying the stock looks roughly 12.2% overvalued today. The Quality Score stands at 29/100 (below-average quality), in the Energy 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, KSP Co generated revenue of 39.8B KRW at a net margin of 2.9%. Revenue grew 3.8% year over year. Net debt stands at 28.5B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,903 KRW (bear case) to 3,314 KRW (bull case); at 2,890 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 65% below its 52-week high, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at 26% fair-value upside, at -12%, 073010 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
Residual Income 1,907 KRW 2,041 KRW 2,291 KRW 76
ROIC Compounder 3,417 KRW 5,008 KRW 6,307 KRW 72
Growth-Adj P/E 2,750 KRW 3,928 KRW 5,106 KRW 68
All 14 models by family
Earnings-Based
Graham-Dodd 1,232 KRW 7,892 KRW 11,034 KRW 54
Lynch FV 2,286 KRW 3,266 KRW 4,245 KRW 50
PEG = 1.0 2,286 KRW 3,266 KRW 4,245 KRW 46
EPV 2,960 KRW 3,429 KRW 3,839 KRW 59
Multiples
P/E Multiple 1,903 KRW 2,537 KRW 3,171 KRW 63
P/S Multiple 2,311 KRW 3,081 KRW 3,851 KRW 58
P/B Multiple 2,311 KRW 3,081 KRW 3,851 KRW 55
EV/EBIT 2,608 KRW 3,429 KRW 4,249 KRW 53
EV/EBITDA 1,895 KRW 2,478 KRW 3,060 KRW 54
EV/Revenue 2,364 KRW 3,315 KRW 4,265 KRW 43
Asset-Based
NCAV (Graham) 1,148 KRW 1,538 KRW 2,296 KRW 50
Economic Profit
Residual Income 1,907 KRW 2,041 KRW 2,291 KRW 76
ROIC Compounder 3,417 KRW 5,008 KRW 6,307 KRW 72
Growth Earnings
Growth-Adj P/E 2,750 KRW 3,928 KRW 5,106 KRW 68

Widest divergence: Growth Earnings (3,928 KRW) versus Asset-Based (1,538 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 39.8B KRW
Revenue growth (YoY) +3.8%
Net margin 2.9%
Return on equity 2,037%
Free cash flow −23.1B KRW FY2025
Operating margin 5.1%
More key figures
Dividend yield 0.4%
EPS growth (YoY) -10.1%
Net debt 28.5B KRW FY2025

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

Quality Score breakdown

Overall quality 29/100

Of which business quality 34 · Market factors (momentum, volatility) 3

Profitability 36
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 7
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 63
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

KSP Co., Ltd. manufactures and sells ship engine valves in South Korea. It offers large-sized engine valves for ship main engines.

Full company description

KSP Co., Ltd. manufactures and sells ship engine valves in South Korea. It offers large-sized engine valves for ship main engines. The company's valves for middle-sized engines include inhalation valves, exhaust valves, and seat rings of diesel engines for ship generators; valves and seat rings for inhalation, leak tightness, explosion, and exhaust of combustor chambers; and main engine exhaust valve spindles for ship propulsion. It also provides hardfacing products, such as axial pump sleeves, cold pilfering rollers, power plant turbine sleeves, and gate discs, as well as welding repair and valve repair welding services; and forging products, including ring gears and flanges. The company was formerly known as Special Welding Co. and changed its name to KSP Co., Ltd. in June 2000. KSP Co., Ltd. was founded in 1991 and is based in Busan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KSP Co reported revenue of 95.5B KRW in FY2025 versus 43.8B KRW in FY2021, a compound +21.5%/yr. Reported net income was 6.6B KRW in FY2025, compounding +30.5%/yr from FY2021.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
95.5B KRW
Latest YoY
+12.0%
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.
+14.5%
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.
+19.4%
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.
+15.5%
Revenue +21.5%/yr
FY21 43.8B KRW
FY22 63.7B KRW
FY23 81.6B KRW
FY24 85.3B KRW
FY25 95.5B KRW
Net income +30.5%/yr
FY21 2.3B KRW
FY22 4.0B KRW
FY23 12.8B KRW
FY24 15.3B KRW
FY25 6.6B KRW

073010 screens 12% overvalued. Compare with Saudi Arabian Oil Company →

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Cite: Fair Value Calculator (2026). "KSP Co Fair Value". https://www.fairvalue-calculator.com/stock/073010

Peer Group

Energy · 1218 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 29 · Bottom 25%
Fair Value upside −12% · Above median
Return on assets 3% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 4% · Above median
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.14× · 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 17 · sector 6
FUTURE 19 · sector 2
PAST 0 · sector 18
HEALTH 93 · sector 91
DIVIDEND 7 · sector 51

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

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

Stock Price Fair Value vs Fair Value
Saudi Arabian Oil Company 2222 26.72 SAR 20.14 SAR -25%
PetroChina Company 601857 ¥10.29 ¥16.51 +60%
Shell plc SHELL 854.00 CZK 1,073 CZK +26%
Reliance Industries Limited RELIANCE ₹1,293 ₹835.66 -35%
Petróleo Brasileiro S.A PETR3 12,540 ARS 30,914 ARS +147%
Adani Enterprises Limited ADANIENT ₹3,157 ₹901.17 -71%
Oil and Natural Gas Corporation ONGC ₹244.96 ₹490.40 +100%
Coal India Limited COALINDIA ₹427.65 ₹464.01 +9%
YPF Sociedad Anónima, an energy company, YPFD 76,675 ARS 43,512 ARS -43%
Indian Oil Corporation IOC ₹138.96 ₹417.35 +200%

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Frequently asked questions

Is KSP Co (073010) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 2,537 KRW versus a price of 2,890 KRW, about −12% (overvalued).
What is the fair value of 073010?
Our model-based fair value for KSP Co is 2,537 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 2,890 KRW.
What is the quality score of 073010?
KSP Co has a Quality Score of 29/100. 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 KSP Co (073010)?
KSP Co reported trailing-twelve-month revenue of about 39.8B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 073010?
The net profit margin of KSP Co is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. Based on the latest reported figures.
Does KSP Co pay a dividend?
KSP Co currently shows a dividend yield of about 0.35% relative to its recent price (as of Jul 22, 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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