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Dongyang Express Corp (084670) Fair Value & Analysis

Industrials · KR · Market cap 64.1B KRW

DE Dongyang Express Corp 084670 · KO
Price26,300 KRW
Fair Value18,056 KRW
Upside-31.4%
Quality55/100
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Healthy Growth
Thin margins · 2.8% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 31/100
Evidence: High Range 14,490 KRW – 24,150 KRW Share as image

Fair value as of: Jul 22, 2026

From 23 valuation models · updated 19 days ago

Share price −4.9% over the past month.

A solid business, but screening 31% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (24,150 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

133,600 KRW 6,560 KRW Fair Value 18,056 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 6,560 KRW – 133,600 KRW · fair‑value band 14,490 KRW – 24,150 KRW · the 26,300 KRW price screens above the 18,056 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

Dongyang Express Corp (084670) currently trades at 26,300 KRW, while our model-based Fair Value estimate is 18,056 KRW, implying the stock looks roughly 31.4% overvalued today. The Quality Score stands at 55/100 (solid 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, Dongyang Express Corp generated revenue of 127B KRW at a net margin of 2.8%. Revenue grew 4.7% year over year. It earns a return on equity of 6.8%. Net debt stands at 74.5B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 14,490 KRW (bear case) to 24,150 KRW (bull case); at 26,300 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. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at -31%, 084670 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
Growth DCF 4,607 KRW 7,706 KRW 13,387 KRW 80
Residual Income 16,409 KRW 16,926 KRW 16,804 KRW 76
Rev-Margin DCF 8,867 KRW 16,409 KRW 25,784 KRW 74
All 23 models by family
DCF Models
FCF DCF 4,238 KRW 7,401 KRW 13,738 KRW 38
5Y Revenue Exit 8,867 KRW 16,205 KRW 27,222 KRW 39
5Y EBITDA Exit 17,708 KRW 31,230 KRW 49,648 KRW 41
5Y P/E Exit 8,249 KRW 15,155 KRW 23,642 KRW 38
10Y Revenue Exit 6,517 KRW 12,549 KRW 19,482 KRW 36
10Y EBITDA Exit 12,415 KRW 22,371 KRW 33,792 KRW 37
10Y P/E Exit 6,620 KRW 11,863 KRW 17,197 KRW 35
Earnings-Based
Graham-Dodd 7,728 KRW 12,201 KRW 14,656 KRW 54
EPV 12,014 KRW 14,805 KRW 17,248 KRW 59
Dividend Discount
Gordon GGM 23,351 KRW 27,804 KRW 32,760 KRW 70
DDM Multi-Stage 23,351 KRW 30,890 KRW 40,404 KRW 61
Multiples
P/E Multiple 17,899 KRW 23,866 KRW 29,832 KRW 63
P/S Multiple 14,490 KRW 19,320 KRW 24,150 KRW 58
P/B Multiple 14,490 KRW 19,320 KRW 24,150 KRW 55
EV/EBIT 20,179 KRW 28,484 KRW 36,788 KRW 53
EV/EBITDA 30,814 KRW 42,663 KRW 54,513 KRW 54
EV/Revenue 13,047 KRW 20,668 KRW 28,288 KRW 43
Asset-Based
NCAV (Graham) 10,457 KRW 14,012 KRW 20,914 KRW 50
Growth DCF
Growth DCF 4,607 KRW 7,706 KRW 13,387 KRW 80
Rev-Margin DCF 8,867 KRW 16,409 KRW 25,784 KRW 74
Economic Profit
Residual Income 16,409 KRW 16,926 KRW 16,804 KRW 76
ROIC Compounder 12,014 KRW 14,805 KRW 17,248 KRW 72
Growth Earnings
Growth-Adj P/E 12,639 KRW 18,056 KRW 23,473 KRW 68

Widest divergence: Dividend Discount (27,804 KRW) versus Growth DCF (7,706 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 127B KRW
Revenue growth (YoY) +4.7%
Net margin 2.8%
Return on equity 6.8%
Free cash flow 2.3B KRW FY2025
Operating margin 2.0%
More key figures
EPS growth (YoY) +177%
Net debt 74.5B KRW FY2025

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 50 · Market factors (momentum, volatility) 43

Profitability 30
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 56
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

Dongyang Express Corp. provides express bus transportation services in South Korea. The company also offers ticket reservation and freight transportation services. The company was founded in 1968 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dongyang Express Corp reported revenue of 125B KRW in FY2025 versus 81.2B KRW in FY2021, a compound +11.4%/yr. Reported net income was 3.0B KRW in FY2025.

Growth Quality 72/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
125B KRW
Latest YoY
+2.8%
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.
+6.2%
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.
+8.4%
Avg. growth/yr (15Y) 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%
Revenue +11.4%/yr
FY21 81.2B KRW
FY22 104B KRW
FY23 120B KRW
FY24 122B KRW
FY25 125B KRW
Net income
FY21 −23.9B KRW
FY22 −12.8B KRW
FY23 −3.1B KRW
FY24 −16.7B KRW
FY25 3.0B KRW

084670 screens 31% overvalued. Compare with Union Pacific Corporation →

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Cite: Fair Value Calculator (2026). "Dongyang Express Corp Fair Value". https://www.fairvalue-calculator.com/stock/084670

Peer Group

Railroads · 111 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 −31% · Below median
Return on equity (TTM) 7% · Below median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 2% · Bottom 25%
Revenue growth 5% · Above median
Debt / equity 0.34× · Higher than median

Valuation Multiples vs Railroads median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 1.2× · 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 0 · sector 28
FUTURE 24 · sector 20
PAST 27 · sector 31
HEALTH 83 · sector 88
DIVIDEND 0 · sector 41

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 Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 22, 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%
Hyundai Rotem Company 064350 167,700 KRW 125,182 KRW -25%

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Frequently asked questions

Is Dongyang Express Corp (084670) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 18,056 KRW versus a price of 26,300 KRW, about −31% (overvalued).
What is the fair value of 084670?
Our model-based fair value for Dongyang Express Corp is 18,056 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 26,300 KRW.
What is the quality score of 084670?
Dongyang Express 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 Dongyang Express Corp (084670)?
Dongyang Express Corp reported trailing-twelve-month revenue of about 127B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 084670?
The net profit margin of Dongyang Express Corp is about 2.8%, meaning it keeps roughly 2.8% 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.

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