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Hantech Co (098070) Fair Value & Analysis

Industrials · KR · Market cap 250B KRW

HC Hantech Co 098070 · KQ
Price27,450 KRW
Fair Value42,144 KRW
Upside+53.5%
Quality74/100
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Healthy Growth
Solidly profitable · 20.0% net margin
Low debt · generates free cash flow
1.58% dividend yield
Ranks above peers (9/10)
Wide moat 74/100
Evidence: High Range 32,076 KRW – 52,213 KRW Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 21 days ago

Share price +13.2% over the past month.

A solid business, screening 54% undervalued on our models.

What matters now

  • The rarer combination: high quality (74/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (32,076 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (17 months)

60,200 KRW 21,250 KRW Fair Value 42,144 KRW Mar 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

17‑month range 21,250 KRW – 60,200 KRW · fair‑value band 32,076 KRW – 52,213 KRW · the 27,450 KRW price screens below the 42,144 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Hantech Co (098070) currently trades at 27,450 KRW, while our model-based Fair Value estimate is 42,144 KRW, implying the stock looks roughly 53.5% undervalued today. The Quality Score stands at 74/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, Hantech Co generated revenue of 185B KRW at a net margin of 20.0%. Revenue grew 39.4% year over year. It earns a return on equity of 24.7%. The balance sheet holds a net cash position of 24.5B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 32,076 KRW (bear case) to 52,213 KRW (bull case); at 27,450 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 45% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 54%, 098070 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
Growth DCF 66,744 KRW 111,543 KRW 187,830 KRW 80
Residual Income 19,313 KRW 26,594 KRW 129,769 KRW 76
Rev-Margin DCF 34,433 KRW 50,125 KRW 69,279 KRW 74
All 26 models by family
DCF Models
FCF DCF 65,968 KRW 111,044 KRW 186,811 KRW 38
Owner Earnings 36,917 KRW 62,009 KRW 104,183 KRW 31
5Y Revenue Exit 34,433 KRW 49,491 KRW 68,145 KRW 39
5Y EBITDA Exit 43,389 KRW 66,873 KRW 94,378 KRW 41
5Y P/E Exit 48,299 KRW 76,401 KRW 106,510 KRW 38
10Y Revenue Exit 43,916 KRW 60,977 KRW 83,419 KRW 36
10Y EBITDA Exit 50,491 KRW 73,573 KRW 104,625 KRW 37
10Y P/E Exit 53,740 KRW 80,479 KRW 114,433 KRW 35
Earnings-Based
Graham-Dodd 18,814 KRW 69,146 KRW 93,365 KRW 54
Lynch FV 16,520 KRW 23,600 KRW 30,680 KRW 50
PEG = 1.0 16,520 KRW 23,600 KRW 30,680 KRW 46
EPV 28,064 KRW 32,938 KRW 37,271 KRW 59
Dividend Discount
Gordon GGM 3,434 KRW 7,497 KRW 12,614 KRW 70
DDM Multi-Stage 3,434 KRW 6,141 KRW 7,813 KRW 61
Multiples
P/E Multiple 43,576 KRW 58,101 KRW 72,626 KRW 63
P/S Multiple 23,186 KRW 30,915 KRW 38,643 KRW 58
P/B Multiple 35,276 KRW 47,034 KRW 58,793 KRW 55
EV/EBIT 44,219 KRW 58,811 KRW 73,402 KRW 53
EV/EBITDA 35,980 KRW 47,825 KRW 59,670 KRW 54
EV/Revenue 19,921 KRW 28,268 KRW 36,615 KRW 43
Asset-Based
NCAV (Graham) 7,303 KRW 9,786 KRW 14,605 KRW 50
Growth DCF
Growth DCF 66,744 KRW 111,543 KRW 187,830 KRW 80
Rev-Margin DCF 34,433 KRW 50,125 KRW 69,279 KRW 74
Economic Profit
Residual Income 19,313 KRW 26,594 KRW 129,769 KRW 76
ROIC Compounder 31,007 KRW 40,992 KRW 53,791 KRW 72
Growth Earnings
Growth-Adj P/E 30,938 KRW 44,197 KRW 57,457 KRW 68

Widest divergence: DCF Models (66,873 KRW) versus Dividend Discount (6,141 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 185B KRW
Revenue growth (YoY) +39.4%
Net margin 20.0%
Return on equity 24.7%
Free cash flow 58.0B KRW FY2025
Operating margin 16.2%
More key figures
Dividend yield 1.2%
EPS growth (YoY) +269%
Net cash 24.5B KRW FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 74/100

Of which business quality 74 · Market factors (momentum, volatility) 4

Profitability 63
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 99
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

Hantech Co., Ltd. produces and sells chemical process equipment/storage tanks and cryogenic containers in South Korea. It offers static equipment, including heat exchangers, reactors, pressure vessels, tower and columns, and special equipment; tanks, such as cryogenic, low temperature, spherical, and other tanks; casks, and low and intermediate level …

Full company description

Hantech Co., Ltd. produces and sells chemical process equipment/storage tanks and cryogenic containers in South Korea. It offers static equipment, including heat exchangers, reactors, pressure vessels, tower and columns, and special equipment; tanks, such as cryogenic, low temperature, spherical, and other tanks; casks, and low and intermediate level radioactive wastes tanks; and green energy products. The company was founded in 1973 and is based in Ulsan, South Korea. Hantech Co., Ltd. operates as a subsidiary of Foosung Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hantech Co reported revenue of 172B KRW in FY2025 versus 116B KRW in FY2021, a compound +10.3%/yr. Reported net income was 30.8B KRW in FY2025.

Growth Quality 86/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
172B KRW
Latest YoY
+10.3%
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.
+8.0%
Revenue +10.3%/yr
FY21 116B KRW
FY22 136B KRW
FY23 179B KRW
FY24 156B KRW
FY25 172B KRW
Net income
FY21 −13.7B KRW
FY22 8.3B KRW
FY23 14.9B KRW
FY24 26.3B KRW
FY25 30.8B KRW

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Cite: Fair Value Calculator (2026). "Hantech Co Fair Value". https://www.fairvalue-calculator.com/stock/098070

Peer Group

Specialty Industrial Machinery · 808 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 74 · Top 25%
Fair Value upside +54% · Top 25%
Return on equity (TTM) 25% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 39% · Top 25%
Dividend yield (TTM) 1.6% · Above median
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/FCF 0.0× · 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 100 · sector 0
FUTURE 100 · sector 23
PAST 99 · sector 28
HEALTH 90 · sector 96
DIVIDEND 32 · sector 24

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.

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10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

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Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
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Frequently asked questions

Is Hantech Co (098070) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 42,144 KRW versus a price of 27,450 KRW, about +54% (undervalued).
What is the fair value of 098070?
Our model-based fair value for Hantech Co is 42,144 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 27,450 KRW.
What is the quality score of 098070?
Hantech Co has a Quality Score of 74/100. 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 Hantech Co (098070)?
Hantech Co reported trailing-twelve-month revenue of about 185B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 098070?
The net profit margin of Hantech Co is about 20.0%, meaning it keeps roughly 20.0% of revenue as net income. Based on the latest reported figures.
Does Hantech Co pay a dividend?
Hantech Co currently shows a dividend yield of about 1.21% relative to its recent price (as of Jul 20, 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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