Hyunwoo Industrial Co. LTD (092300) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Hyunwoo Industrial Co. LTD stock KRW 7,650, price KRW 2,685, upside +184.9%, quality 65 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range 2,000 KRW – 6,830 KRW · fair‑value band 5,738 KRW – 9,563 KRW · the 2,685 KRW price screens below the 7,650 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
Follow Hyunwoo Industrial Co. in your weekly email
Every Wednesday you see whether Hyunwoo Industrial Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Hyunwoo Industrial Co., LTD manufactures and sells printed circuit boards (PCBs) in South Korea and internationally.
Show moreShow less
The company offers double-sided, multi-layer, LCD, HDI, high frequency, high layer MLB, semi flex, and IMS PCBs. Its products are used in displays, automobiles, home appliances, electric vehicle electronics, and information and communication fields.
The company was founded in 1987 and is headquartered in Incheon, South Korea.
Stock analysis
Hyunwoo Industrial Co. LTD (092300) currently trades at 2,685 KRW, while our model-based Fair Value estimate is 7,650 KRW, implying the stock looks roughly 65% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 14,916 KRW per share, and 23 of the 26 models we run sit above the 2,685 KRW price.
Bear case: the Asset-Based group reads lowest at 883.67 KRW, and 3 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 5,738 KRW (bear) to 9,563 KRW (bull), the price of 2,685 KRW sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Hyunwoo Industrial Co. LTD reported revenue of 237B KRW in FY2025 versus 184B KRW in FY2021, a compound +6.5%/yr. Reported net income was 7.6B KRW in FY2025.
Key figures
Market cap 49.1B KRW (≈ $36.3M) Micro · P/E ratio 3.5 · P/S ratio 0.18 · EPS (TTM) 779.83 KRW · Dividend yield 2.6% · Net margin 5.9% · Return on equity 13.1% · Return on assets (EBIT) 4.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 39% below its 52-week high and 34% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at 185%, 092300 screens cheaper than that median.
Fair Value models
Bear5,738 KRWFair Value 7,650 KRWBull9,563 KRW
Price 2,685 KRW · Upside +184.9%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (608.70 KRW per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+15.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+9.2%
Start year 2020 (pandemic). Over 10 years: +8.4% a year
Revenue growth 14 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.1%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +32.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +29.8%
Dividend (yield on the price)2.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 29.8% / 6.1%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.0% → 5%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 112 per share, median 300 in 2016 to 2018). It measures the recovery from the trough, not lasting growth.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−23.8%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about −25.4% a year for the price.
Compare Hyunwoo Industrial Co. LTD with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Electronic Components · 653 stocks
Beats the industry median on 13/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (12 months)13.1% · Above median
Return on assets3.8% · Above median
Net margin (12 months)5.9% · Above median
Operating margin (12 months)5.7% · Below median
Growth and dividend
Revenue growth (quarter YoY)22.3% · Above median
Dividend yield (12 months)2.6% · Above median
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Electronic Components median · lower = cheaper
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.
Is Hyunwoo Industrial Co. LTD (092300) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 7,650 KRW versus a price of 2,685 KRW, about +185% upside (undervalued).
What is the fair value of 092300?
Our model-based fair value for Hyunwoo Industrial Co. LTD is 7,650 KRW (as of Nov 3, 2026), built from audited fundamentals. The current price: 2,685 KRW.
What is the quality score of 092300?
Hyunwoo Industrial Co. LTD has a Quality Score of 65/100. 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 price target for Hyunwoo Industrial Co. LTD (092300)?
Our model-based price target is the fair value of 7,650 KRW (as of Nov 3, 2026) from 26 valuation models. Cautious scenario 5,738 KRW, optimistic scenario 9,563 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Hyunwoo Industrial Co. LTD stock forecast for 2026?
Our models put fair value at 7,650 KRW, about +185% upside versus a price of 2,685 KRW (undervalued). Cautious scenario 5,738 KRW, optimistic scenario 9,563 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Hyunwoo Industrial Co. LTD (092300)?
Hyunwoo Industrial Co. LTD reported trailing-twelve-month revenue of about 261B KRW (latest available figure, as of Nov 3, 2026).
Does Hyunwoo Industrial Co. LTD pay a dividend?
Hyunwoo Industrial Co. LTD currently shows a dividend yield of 2.61% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Hyunwoo Industrial Co. LTD (092300) and when is the ex-dividend date?
Hyunwoo Industrial Co. LTD pays a dividend of 70.00 KRW per share a year, a dividend yield of 2.6%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since at least 2007. The payout ratio is 9.0% of earnings. Free cash flow covers the dividend 13.94 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Hyunwoo Industrial Co. LTD (092300)?
For today's price to be fair in a discounted-cash-flow model, Hyunwoo Industrial Co. LTD would have to grow free cash flow by -23.8 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.2 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 092300 use?
Our models discount Hyunwoo Industrial Co. LTD at 11.0 %: a base by market capitalisation (nano), damped by beta 1.32, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Hyunwoo Industrial Co. LTD that is -23.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Hyunwoo Industrial Co. LTD (092300) delivered so far?
Over the past 5 years revenue at Hyunwoo Industrial Co. LTD grew +9.2 % a year. The price currently implies free-cash-flow growth of -23.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Hyunwoo Industrial Co. LTD (092300) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Hyunwoo Industrial Co. LTD (-23.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Hyunwoo Industrial Co. LTD (092300)?
The free-cash-flow yield on the price is 39.28 %: that much free cash flow Hyunwoo Industrial Co. LTD produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hyunwoo Industrial Co. LTD (092300)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hyunwoo Industrial Co. LTD it is 7,650 KRW per share (as of Nov 3, 2026), against a price of 2,685 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Hyunwoo Industrial Co. LTD stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 092300 trades below its calculated fair value: price 2,685 KRW, fair value 7,650 KRW, a gap of about +185% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 092300?
No. The price is what the market pays today (2,685 KRW); the fair value is what the company's own numbers justify (7,650 KRW). For Hyunwoo Industrial Co. LTD the two are 4,965 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Hyunwoo Industrial Co. LTD worth?
The market values Hyunwoo Industrial Co. LTD at about 49.1B KRW (market capitalisation, as of Nov 3, 2026). Per share that is 2,685 KRW; our models calculate a fair value of 7,650 KRW per share.
What do the bullish and bearish scenarios say about 092300?
Our models span a range for Hyunwoo Industrial Co. LTD: cautious scenario 5,738 KRW, base 7,650 KRW, optimistic 9,563 KRW per share (as of Nov 3, 2026, price 2,685 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 092300?
Hyunwoo Industrial Co. LTD trades at a price-to-earnings ratio of 3.5 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 7,650 KRW is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 11.1. Other multiples: P/B 0.4, P/S 0.2, EV/EBITDA 0.9.
How solid is the balance sheet of Hyunwoo Industrial Co. LTD (092300)?
Balance-sheet figures for Hyunwoo Industrial Co. LTD (as of Nov 3, 2026): return on equity 13.1%, debt of 0.03 per unit of equity. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is 092300 from its 52-week high?
Hyunwoo Industrial Co. LTD trades at 2,685 KRW, about 39% below its 52-week high of 4,420 KRW and 34% above the low of 2,000 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 7,650 KRW is for.
Which stocks are comparable to Hyunwoo Industrial Co. LTD?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hyunwoo Industrial Co. LTD stock attractive at the current price?
The data as of Nov 3, 2026: price 2,685 KRW, calculated fair value 7,650 KRW (+185%), Quality Score 65/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 092300 calculated?
We run Hyunwoo Industrial Co. LTD through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 7,650 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Hyunwoo Industrial Co. LTD currently trades 65% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hyunwoo Industrial Co. LTD (092300)?
The closing price on Nov 9, 2026 was 2,685 KRW. Our model-based fair value is 7,650 KRW, about +185% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hyunwoo Industrial Co. LTD right now?
The price is below even our cautious bear case (5,738 KRW). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Hyunwoo Industrial Co. LTD
How large is the market capitalisation of Hyunwoo Industrial Co. LTD (092300)?
The market capitalisation of Hyunwoo Industrial Co. LTD is 49.1B KRW (≈ $36.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hyunwoo Industrial Co. LTD (092300)?
The price-to-sales ratio of Hyunwoo Industrial Co. LTD is 0.18 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hyunwoo Industrial Co. LTD (092300)?
Earnings per share at Hyunwoo Industrial Co. LTD are 779.83 KRW (price ÷ EPS = P/E 3.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hyunwoo Industrial Co. LTD (092300)?
The dividend yield of Hyunwoo Industrial Co. LTD is 2.6% (payout 9.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hyunwoo Industrial Co. LTD (092300)?
The net margin of Hyunwoo Industrial Co. LTD is 5.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hyunwoo Industrial Co. LTD (092300)?
The return on equity (ROE) of Hyunwoo Industrial Co. LTD is 13.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hyunwoo Industrial Co. LTD (092300)?
On an EBIT basis the return on assets of Hyunwoo Industrial Co. LTD is 4.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hyunwoo Industrial Co. LTD (092300)?
The operating margin of Hyunwoo Industrial Co. LTD is 5.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hyunwoo Industrial Co. LTD (092300)?
Revenue at Hyunwoo Industrial Co. LTD is growing +22.3% versus a year earlier (3y avg +4.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hyunwoo Industrial Co. LTD (092300)?
Earnings per share at Hyunwoo Industrial Co. LTD are growing +159% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Hyunwoo Industrial Co. LTD (092300) carry?
The net debt of Hyunwoo Industrial Co. LTD is 17.5B KRW (fiscal year 2024, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Hyunwoo Industrial Co. LTD in the live analysis
One click puts Hyunwoo Industrial Co. LTD on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 3, 2026