EN DE

NEXTEEL Co (092790) Fair Value & Analysis

Industrials · KR · Market cap 287B KRW

NC NEXTEEL Co 092790 · KO
Price12,870 KRW
Fair Value22,026 KRW
Upside+71.1%
Quality49/100
Watch NEXTEEL Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 3.8% net margin
Low debt · negative free cash flow
12.87% dividend yield
Trails peers (3/9)
Narrow moat 30/100
Evidence: Medium Range 15,418 KRW – 28,634 KRW Share as image

Fair value as of: Jul 22, 2026

From 13 valuation models · updated 19 days ago

Share price +17.0% over the past month.

Below-average quality, screening 71% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (15,418 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (15,418 KRW to 28,634 KRW) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (3 years)

21,850 KRW 5,693 KRW Fair Value 22,026 KRW Aug 2023 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

36‑month range 5,693 KRW – 21,850 KRW · fair‑value band 15,418 KRW – 28,634 KRW · the 12,870 KRW price screens below the 22,026 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.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

NEXTEEL Co (092790) currently trades at 12,870 KRW, while our model-based Fair Value estimate is 22,026 KRW, implying the stock looks roughly 71.1% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, NEXTEEL Co generated revenue of 495B KRW at a net margin of 3.8%. Revenue declined 35.8% year over year. It earns a return on equity of 4.0%. Net debt stands at 77.9B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 15,418 KRW (bear case) to 28,634 KRW (bull case); at 12,870 KRW, the current price sits below 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 44% below its 52-week high and 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at 71%, 092790 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 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 15,008 KRW 16,124 KRW 19,026 KRW 76
ROIC Compounder 11,966 KRW 14,107 KRW 16,011 KRW 72
Growth-Adj P/E 15,418 KRW 22,026 KRW 28,634 KRW 68
All 13 models by family
DCF Models
Owner Earnings 2,941 KRW 4,259 KRW 6,795 KRW 31
Earnings-Based
Graham-Dodd 9,427 KRW 11,522 KRW 12,962 KRW 54
EPV 11,966 KRW 14,107 KRW 16,011 KRW 59
Multiples
P/E Multiple 21,835 KRW 29,113 KRW 36,391 KRW 63
P/S Multiple 17,676 KRW 23,568 KRW 29,460 KRW 58
P/B Multiple 17,676 KRW 23,568 KRW 29,460 KRW 55
EV/EBIT 19,416 KRW 25,944 KRW 32,473 KRW 53
EV/EBITDA 20,661 KRW 27,604 KRW 34,548 KRW 54
EV/Revenue 13,809 KRW 19,800 KRW 25,791 KRW 43
Asset-Based
NCAV (Graham) 8,923 KRW 11,956 KRW 17,845 KRW 50
Economic Profit
Residual Income 15,008 KRW 16,124 KRW 19,026 KRW 76
ROIC Compounder 11,966 KRW 14,107 KRW 16,011 KRW 72
Growth Earnings
Growth-Adj P/E 15,418 KRW 22,026 KRW 28,634 KRW 68

Widest divergence: Multiples (23,568 KRW) versus DCF Models (4,259 KRW). Highest evidence: Residual Income (76).

Notify me when 092790 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 495B KRW
Revenue growth (YoY) -35.8%
Net margin 3.8%
Return on equity 4.0%
Free cash flow −20.0B KRW FY2025
Operating margin 2.7%
More key figures
Dividend yield 10.1%
EPS growth (YoY) -86.2%
Net debt 77.9B KRW FY2025

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

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 24

Profitability 42
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 12
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 30
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

NEXTEEL Co., Ltd. manufactures and sells steel pipes in South Korea and internationally. It offers casing and tubing pipes for oil well boring and oil production; line pipes for oil, gas, and water transportation in oil and gas industry; carbon steel pipes for structural and mechanical purpose, as well as skelp pipes.

Full company description

NEXTEEL Co., Ltd. manufactures and sells steel pipes in South Korea and internationally. It offers casing and tubing pipes for oil well boring and oil production; line pipes for oil, gas, and water transportation in oil and gas industry; carbon steel pipes for structural and mechanical purpose, as well as skelp pipes. The company also offers colored square pipes and steel pipes for civil, architecture, and other structure. The company was formerly known as Daewon Industrial Co., Ltd. and changed its name to NEXTEEL Co., Ltd. in April 2001. NEXTEEL Co., Ltd. was founded in 1990 and is headquartered in Pohang, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NEXTEEL Co reported revenue of 551B KRW in FY2025 versus 425B KRW in FY2021, a compound +6.7%/yr. Reported net income was 36.0B KRW in FY2025.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
551B KRW
Latest YoY
−0.2%
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%
Revenue +6.7%/yr
FY21 425B KRW
FY22 668B KRW
FY23 619B KRW
FY24 552B KRW
FY25 551B KRW
Net income
FY21 −1.1B KRW
FY22 144B KRW
FY23 130B KRW
FY24 34.8B KRW
FY25 36.0B KRW

Watch 092790: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "NEXTEEL Co Fair Value". https://www.fairvalue-calculator.com/stock/092790

Peer Group

Metal Fabrication · 244 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 49 · Below median
Fair Value upside +71% · Top 25%
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 3% · Below median
Revenue growth -36% · Bottom 25%
Dividend yield (TTM) 12.9% · Top 25%
Debt / equity 0.11× · Higher 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 100 · sector 0
FUTURE 0 · sector 36
PAST 16 · sector 21
HEALTH 94 · sector 95
DIVIDEND 100 · sector 25

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

Compare NEXTEEL Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is NEXTEEL Co (092790) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 22,026 KRW versus a price of 12,870 KRW, about +71% (undervalued).
What is the fair value of 092790?
Our model-based fair value for NEXTEEL Co is 22,026 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 12,870 KRW.
What is the quality score of 092790?
NEXTEEL Co has a Quality Score of 49/100. 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 NEXTEEL Co (092790)?
NEXTEEL Co reported trailing-twelve-month revenue of about 495B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 092790?
The net profit margin of NEXTEEL Co is about 3.8%, meaning it keeps roughly 3.8% of revenue as net income. Based on the latest reported figures.
Does NEXTEEL Co pay a dividend?
NEXTEEL Co currently shows a dividend yield of about 10.14% 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.

14 days Pro free · no card

Track NEXTEEL Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.