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Dongkuk Structures & Construction Company Limited (100130) Fair Value & Analysis

Energy · KR · Market cap 82.3B KRW (≈ $57.6M) · ISIN KR7100130004

What is Dongkuk Structures & Construction Company Limited really worth?

DS Dongkuk Structures & Construction Company Limited 100130 · KQ
Price1,348 KRW
Fair Value1,717 KRW
Upside+27.4%
Quality65/100

A solid business, trading 21% below our fair value of 1,717 KRW.

As of Aug 30, 2026, the fair value of Dongkuk Structures & Construction Company Limited is 1,717 KRW per share against a price of 1,348 KRW, so the fair value sits 27% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y −16.5 %/yr)
!Thin margins · 2.8% net margin
!Mixed vs. peers (4/8)
!Narrow moat 28/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 1,075 KRW – 2,358 KRW

Fair value as of: Aug 30, 2026

From 14 valuation models · updated 7 days ago

Share price −5.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (1,075 KRW to 2,358 KRW) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

7,214 KRW 1,304 KRW Fair Value 1,717 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.

How to read this chart

60‑month range 1,304 KRW – 7,214 KRW · fair‑value band 1,075 KRW – 2,358 KRW · the 1,348 KRW price screens below the 1,717 KRW fair value. Dashed = 300-day average. As of Aug 30, 2026.

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Analysis

Dongkuk Structures & Construction Company Limited (100130) currently trades at 1,348 KRW, while our model-based Fair Value estimate is 1,717 KRW, implying the stock looks roughly 21.5% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Energy sector. Bull case: the DCF Models group reads highest at a median of 7,487 KRW per share, and 13 of the 14 models we run sit above the 1,348 KRW price. Bear case: the Earnings-Based group reads lowest at 2,214 KRW, and 1 of the 14 models stay below the price. Evidence for this calculation is low.

Revenue declined 11.1% year over year. Net debt stands at 47.4B KRW. Fundamentals as of Aug 30, 2026

Our scenario range runs from 1,075 KRW (bear case) to 2,358 KRW (bull case); at 1,348 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 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at −27% fair-value upside, at 27%, 100130 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF 12,210 KRW 16,727 KRW 25,094 KRW 80
Growth DCF 12,745 KRW 17,130 KRW 24,631 KRW 79
Owner Earnings 1,157 KRW 1,335 KRW 1,664 KRW 78
All 14 models by family
DCF Models
FCF DCF 12,210 KRW 16,727 KRW 25,094 KRW 80
Owner Earnings 1,157 KRW 1,335 KRW 1,664 KRW 78
5Y Revenue Exit 5,910 KRW 6,782 KRW 8,019 KRW 74
5Y EBITDA Exit 6,317 KRW 7,487 KRW 9,041 KRW 77
10Y Revenue Exit 8,260 KRW 9,132 KRW 9,922 KRW 68
10Y EBITDA Exit 8,543 KRW 9,568 KRW 10,521 KRW 70
Earnings-Based
EPV 1,998 KRW 2,214 KRW 2,403 KRW 74
Multiples
EV/EBIT 2,629 KRW 3,271 KRW 3,912 KRW 66
EV/EBITDA 2,950 KRW 3,699 KRW 4,448 KRW 67
EV/Revenue 2,078 KRW 2,667 KRW 3,256 KRW 54
Asset-Based
NCAV (Graham) 1,665 KRW 2,232 KRW 3,331 KRW 54
Growth DCF
Growth DCF 12,745 KRW 17,130 KRW 24,631 KRW 79
Rev-Margin DCF 5,910 KRW 7,020 KRW 8,128 KRW 74
Economic Profit
ROIC Compounder 1,998 KRW 2,214 KRW 2,403 KRW 72

Widest divergence: DCF Models (7,487 KRW) versus Earnings-Based (2,214 KRW). Highest evidence: FCF DCF (80).

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Key figures & financial health

P/S ratio 0.17 TTM
Net margin −1.4% FY2025
Return on equity −1,604% TTM
Return on assets (EBIT) −1.2% avg 5y
Operating margin 2.6% TTM
Revenue growth (YoY) −11.1% 3y avg −36.9%
More key figures
Growth
EPS growth (YoY) −91.7%
Balance sheet & cash flow
Free cash flow 66.0B KRW FY2025
Net debt 47.4B KRW FY2024 · ≈ 0.7 yrs of FCF

Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 64 · Market factors (momentum, volatility) 13

Profitability 15
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 29
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 0
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Dongkuk Structures & Construction Company Limited manufactures and sells wind towers in South Korea and internationally. The company also offers steel structures, such as built up, duct and tank, steel bridge, and building and factory steel structures.

Full company description

Dongkuk Structures & Construction Company Limited manufactures and sells wind towers in South Korea and internationally. The company also offers steel structures, such as built up, duct and tank, steel bridge, and building and factory steel structures. In addition, it is involved in the development of wind farms; provision of construction services; and generation of wind power. The company was founded in 2001 and is based in Pohang, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dongkuk Structures & Construction Company Limited reported revenue of 120B KRW in FY2025 versus 379B KRW in FY2021, a compound −25.0%/yr. Reported net income was −1.7B KRW in FY2025.

Growth Quality 37/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
120B KRW
Latest YoY
−27.8%
Avg. revenue 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.
−36.9%
Avg. revenue 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.
−16.5%
Avg. revenue growth/yr (14Y) 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.
+0.2%
EBIT margin (trend) 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.
3.5% (2020) → 7.0% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −25.0%/yr
FY21 379B KRW
FY22 477B KRW
FY23 179B KRW
FY24 166B KRW
FY25 120B KRW
Net income
FY21 16.8B KRW
FY22 −7.8B KRW
FY23 −30.2B KRW
FY24 −40.2B KRW
FY25 −1.7B KRW

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Cite: Fair Value Calculator (2026). "Dongkuk Structures & Construction Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/100130

Peer Group

Industrials · 5410 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. (Industry “Renewable Energy” was too small, so the broader sector is used.)

Quality Score 65 · Top 25%
Fair Value upside +27% · Top 25%
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth −11% · Bottom 25%
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Industrials median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Context: sector, industry, market

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE70 · sector 5
FUTURE0 · sector 23
PAST0 · sector 27
HEALTH98 · sector 94
DIVIDEND0 · sector 35

Values & ESG

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

Oil & gas

Similar stocks

10 more Renewable Energy stocks, each showing price versus our Fair Value estimate (as of Aug 30, 2026).

Stock Price Fair Value vs Fair Value
S-Energy Co 095910 629.00 KRW 299.38 KRW −52%
EcoBio Holdings 038870 1,868 KRW 222.36 KRW −88%
Exxon Mobil Corporation XOM $156.44 $88.98 −43%
Chevron Corporation CVX $201.86 $90.66 −55%
PetroChina Company 601857 ¥11.23 ¥15.47 +38%
Shell plc SHELL €40.28 €39.46 −2%
CNOOC Limited 600938 ¥32.85 ¥32.55 −1%
Reliance Industries Limited RELIANCE ₹1,314 ₹835.66 −36%
TotalEnergies SE TOTB €75.55 €69.02 −9%
China Shenhua Energy Company 601088 ¥48.05 ¥34.97 −27%

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Frequently asked questions

Is Dongkuk Structures & Construction Company Limited (100130) overvalued or undervalued?
As of Aug 30, 2026, our model estimates a fair value of 1,717 KRW versus a price of 1,348 KRW, about +27% upside (undervalued).
What is the fair value of 100130?
Our model-based fair value for Dongkuk Structures & Construction Company Limited is 1,717 KRW (as of Aug 30, 2026), built from audited fundamentals. The current price: 1,348 KRW.
What is the quality score of 100130?
Dongkuk Structures & Construction Company Limited 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 Dongkuk Structures & Construction Company Limited (100130)?
Our model-based price target is the fair value of 1,717 KRW (as of Aug 30, 2026) from 14 valuation models. Cautious scenario 1,075 KRW, optimistic scenario 2,358 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Dongkuk Structures & Construction Company Limited stock forecast for 2026?
Our models put fair value at 1,717 KRW, about +27% upside versus a price of 1,348 KRW (undervalued). Cautious scenario 1,075 KRW, optimistic scenario 2,358 KRW. The calculation is refreshed regularly with new filings.
What is the net profit margin of 100130?
The net profit margin of Dongkuk Structures & Construction Company Limited is about 2.8%, meaning it keeps roughly 2.8% of revenue as net income. Based on the latest reported figures.
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