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Inhwa Precision Co (101930) Fair Value & Analysis

Industrials · KR · Market cap 306B KRW

IP Inhwa Precision Co 101930 · KQ
Price7,570 KRW
Fair Value5,786 KRW
Upside-23.6%
Quality36/100
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Mixed Growth
Highly profitable · 32.9% net margin
Low debt · negative free cash flow
1.49% dividend yield
Mixed vs. peers (4/9)
Moderate moat 56/100
Evidence: Medium Range 5,290 KRW – 6,998 KRW Share as image

Fair value as of: Jul 20, 2026

From 13 valuation models · updated 21 days ago

Share price +7.4% over the past month.

Below-average quality, and screening another 24% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (6,998 KRW). The favourable scenario is already priced in.
  • Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

15,140 KRW 927.16 KRW Fair Value 5,786 KRW Feb 2021 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

60‑month range 927.16 KRW – 15,140 KRW · fair‑value band 5,290 KRW – 6,998 KRW · the 7,570 KRW price screens above the 5,786 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

Inhwa Precision Co (101930) currently trades at 7,570 KRW, while our model-based Fair Value estimate is 5,786 KRW, implying the stock looks roughly 23.6% overvalued today. The Quality Score stands at 36/100 (below-average 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: medium).

Over the trailing twelve months, Inhwa Precision Co generated revenue of 105B KRW at a net margin of 32.9%. Revenue declined 8.9% year over year. It earns a return on equity of 11.3%. Net debt stands at 44.5B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 5,290 KRW (bear case) to 6,998 KRW (bull case); at 7,570 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. The share trades about 55% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -59% fair-value upside, at -24%, 101930 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 6,235 KRW 6,663 KRW 7,463 KRW 76
ROIC Compounder 3,462 KRW 4,008 KRW 4,493 KRW 72
Growth-Adj P/E 6,346 KRW 9,066 KRW 11,785 KRW 68
All 13 models by family
DCF Models
Owner Earnings 5,967 KRW 8,317 KRW 12,164 KRW 31
Earnings-Based
Graham-Dodd 3,805 KRW 7,418 KRW 9,280 KRW 54
EPV 3,462 KRW 4,008 KRW 4,493 KRW 59
Multiples
P/E Multiple 8,812 KRW 11,750 KRW 14,687 KRW 63
P/S Multiple 3,544 KRW 4,725 KRW 5,907 KRW 58
P/B Multiple 7,134 KRW 9,512 KRW 11,890 KRW 55
EV/EBIT 4,751 KRW 6,212 KRW 7,672 KRW 53
EV/EBITDA 4,682 KRW 6,120 KRW 7,558 KRW 54
EV/Revenue 3,346 KRW 4,622 KRW 5,898 KRW 43
Asset-Based
NCAV (Graham) 3,735 KRW 5,005 KRW 7,470 KRW 50
Economic Profit
Residual Income 6,235 KRW 6,663 KRW 7,463 KRW 76
ROIC Compounder 3,462 KRW 4,008 KRW 4,493 KRW 72
Growth Earnings
Growth-Adj P/E 6,346 KRW 9,066 KRW 11,785 KRW 68

Widest divergence: Growth Earnings (9,066 KRW) versus Earnings-Based (4,008 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 105B KRW
Revenue growth (YoY) -8.9%
Net margin 32.9%
Return on equity 11.3%
Free cash flow −1.4B KRW FY2025
Operating margin 16.0%
More key figures
Dividend yield 1.5%
EPS growth (YoY) +222%
Net debt 44.5B KRW FY2025

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

Quality Score breakdown

Overall quality 36/100

Of which business quality 35 · Market factors (momentum, volatility) 29

Profitability 39
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 65
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 0
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

Inhwa Precision Co., Ltd manufactures and sells marine engine parts, automobile parts, metal forming machines, and metal structural materials in South Korea and internationally.

Full company description

Inhwa Precision Co., Ltd manufactures and sells marine engine parts, automobile parts, metal forming machines, and metal structural materials in South Korea and internationally. The company offers marine engine parts, such as cylinder covers and frames, bed plates, frame boxes, base frames, camshaft frame, common beds, and medium speed engine base frames; and machinery facilities and suspension bridge parts. It also provides power generation equipment parts; automotive parts; and heat exchangers for boilers, pressure vessels, and heat recovery steam generators, as well as engages in the real estate development business. The company was founded in 1999 and is headquartered in Changwon-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Inhwa Precision Co reported revenue of 108B KRW in FY2025 versus 110B KRW in FY2021, a compound −0.6%/yr. Reported net income was 25.6B KRW in FY2025, compounding +13.8%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
108B KRW
Latest YoY
+16.4%
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.
−10.1%
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.
+0.4%
Avg. 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.
+1.7%
Revenue −0.6%/yr
FY21 110B KRW
FY22 148B KRW
FY23 104B KRW
FY24 92.8B KRW
FY25 108B KRW
Net income +13.8%/yr
FY21 15.3B KRW
FY22 −10.8B KRW
FY23 2.5B KRW
FY24 40.0B KRW
FY25 25.6B KRW

101930 screens 24% overvalued. Compare with General Electric Company →

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Cite: Fair Value Calculator (2026). "Inhwa Precision Co Fair Value". https://www.fairvalue-calculator.com/stock/101930

Peer Group

Industrials · 5338 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 “Aerospace & Defense” was too small, so the broader sector is used.)

Quality Score 36 · Bottom 25%
Fair Value upside −24% · Below median
Return on equity (TTM) 11% · Above median
Return on assets 2% · Below median
Net margin (TTM) 33% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.00× · Lower 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 2 · sector 5
FUTURE 0 · sector 24
PAST 45 · sector 27
HEALTH 100 · sector 94
DIVIDEND 30 · sector 30

Values & ESG

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

Weapons Defense

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE $381.22 $116.71 -69%
RTX Corporation RTX $195.93 $88.37 -55%
Airbus SE 1AIR €213.25 €86.20 -60%
The Boeing Company BA $217.11 $48.20 -78%
China CSSC Holdings 600150 ¥34.31 ¥21.90 -36%
HD Hyundai Heavy Industries Co 329180 466,000 KRW 272,966 KRW -41%
Hanwha Aerospace Co 012450 967,000 KRW 573,468 KRW -41%
ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi ASELS 337.50 TRY 130.70 TRY -61%
Saab AB SAABB kr 520.40 kr 212.84 -59%
Kongsberg Gruppen ASA KOG kr 277.50 kr 106.93 -61%

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Frequently asked questions

Is Inhwa Precision Co (101930) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 5,786 KRW versus a price of 7,570 KRW, about −24% (overvalued).
What is the fair value of 101930?
Our model-based fair value for Inhwa Precision Co is 5,786 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 7,570 KRW.
What is the quality score of 101930?
Inhwa Precision Co has a Quality Score of 36/100. 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 Inhwa Precision Co (101930)?
Inhwa Precision Co reported trailing-twelve-month revenue of about 105B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 101930?
The net profit margin of Inhwa Precision Co is about 32.9%, meaning it keeps roughly 32.9% of revenue as net income. Based on the latest reported figures.
Does Inhwa Precision Co pay a dividend?
Inhwa Precision Co currently shows a dividend yield of about 1.15% 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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