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DK-Lok Corporation (105740) Fair Value & Analysis

Industrials · KR · Market cap 66.5B KRW

DL DK-Lok Corporation 105740 · KQ
Price7,410 KRW
Fair Value8,350 KRW
Upside+12.7%
Quality54/100
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Expensive Growth
Thin margins · 5.9% net margin
Low debt · negative free cash flow
4.59% dividend yield
Ranks above peers (7/9)
Narrow moat 32/100
Evidence: High Range 6,262 KRW – 10,437 KRW Share as image

Fair value as of: Jul 20, 2026

From 15 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from 9,554 KRW to 8,350 KRW (−12.6%) since Jul 7, 2026. Share price +11.1% over the past month.

A solid business, screening 13% undervalued on our models.

What matters now

  • Our model range runs from 6,262 KRW (bear) to 10,437 KRW (bull), base 8,350 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 54/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

12,380 KRW 5,709 KRW Fair Value 8,350 KRW Mar 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 5,709 KRW – 12,380 KRW · fair‑value band 6,262 KRW – 10,437 KRW · the 7,410 KRW price screens below the 8,350 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

DK-Lok Corporation (105740) currently trades at 7,410 KRW, while our model-based Fair Value estimate is 8,350 KRW, implying the stock looks roughly 12.7% undervalued today. The Quality Score stands at 54/100 (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, DK-Lok Corporation generated revenue of 74.6B KRW at a net margin of 5.9%. Revenue grew 55.7% year over year. It earns a return on equity of 4.8%. Net debt stands at 34.7B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 6,262 KRW (bear case) to 10,437 KRW (bull case); at 7,410 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 37% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at 13%, 105740 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 10,270 KRW 10,371 KRW 9,895 KRW 76
ROIC Compounder 9,865 KRW 11,421 KRW 12,781 KRW 72
Growth-Adj P/E 6,817 KRW 9,738 KRW 12,659 KRW 68
All 15 models by family
DCF Models
Owner Earnings 7,243 KRW 12,347 KRW 21,019 KRW 31
Earnings-Based
Graham-Dodd 4,514 KRW 19,668 KRW 26,902 KRW 54
Lynch FV 5,065 KRW 7,236 KRW 9,407 KRW 50
PEG = 1.0 5,065 KRW 7,236 KRW 9,407 KRW 46
EPV 9,865 KRW 11,421 KRW 12,781 KRW 59
Multiples
P/E Multiple 6,971 KRW 9,294 KRW 11,618 KRW 63
P/S Multiple 8,464 KRW 11,286 KRW 14,107 KRW 58
P/B Multiple 8,464 KRW 11,286 KRW 14,107 KRW 55
EV/EBIT 8,699 KRW 11,421 KRW 14,142 KRW 53
EV/EBITDA 7,172 KRW 9,384 KRW 11,597 KRW 54
EV/Revenue 10,441 KRW 14,687 KRW 18,932 KRW 43
Asset-Based
NCAV (Graham) 6,708 KRW 8,988 KRW 13,415 KRW 50
Economic Profit
Residual Income 10,270 KRW 10,371 KRW 9,895 KRW 76
ROIC Compounder 9,865 KRW 11,421 KRW 12,781 KRW 72
Growth Earnings
Growth-Adj P/E 6,817 KRW 9,738 KRW 12,659 KRW 68

Widest divergence: DCF Models (12,347 KRW) versus Earnings-Based (7,236 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 74.6B KRW
Revenue growth (YoY) +55.7%
Net margin 5.9%
Return on equity 4.8%
Free cash flow −6.6B KRW FY2025
Operating margin 0.7%
More key figures
Dividend yield 4.5%
EPS growth (YoY) +45.7%
Net debt 34.7B KRW FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 26

Profitability 32
Margins and returns on capital today
Quality Growth 89
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 78
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

DK-Lok Corporation, together with its subsidiaries, manufactures and sells fittings and valves in South Korea, the United States, Italy, the United Arab Emirates, Middle East, Asia, and Oceania.

Full company description

DK-Lok Corporation, together with its subsidiaries, manufactures and sells fittings and valves in South Korea, the United States, Italy, the United Arab Emirates, Middle East, Asia, and Oceania. The company provides tube, instrumentation pipe and weld, bite type, O-ring face seal, JIC tube, ultra torr vacuum, push-on hose, c, hose adapter, hydraulic pipe, aerospace, and high pressure fittings and valves; ball and plug, needle, bellow, bleed and purge, regulator and metering, diaphragm, manifolds and gauge, check and relief, cryogenic, rising plug and toggle, and block and bleed valves, as well as filters; and quick connect, hose, and tube. It offers swaging unit, gap gauge, and tube depth marking tool; VR and DCR fittings, and UHP fittings; IGS; and check, globe, gate, and ball valves. The products are used in oil and gas, refining and petrochemicals, machinery and equipment, construction and engineering, procurement, and construction, shipbuilding and maritime, semiconductor and display, compressed natural gas/natural gas vehicles, aerospace and aviation, hydrogen, and trams industries. The company was formerly known as DK Tech Corporation and changed its name to DK-Lok Corporation in April 2014. The company was founded in 1992 and is based in Gimhae-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DK-Lok Corporation reported revenue of 129B KRW in FY2025 versus 85.5B KRW in FY2021, a compound +10.8%/yr. Reported net income was 6.8B KRW in FY2025, compounding −6.9%/yr from FY2021.

Growth Quality 55/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
129B KRW
Latest YoY
+30.8%
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.
+5.4%
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.
+12.6%
Avg. growth/yr (11Y) 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.
+7.3%
Revenue +10.8%/yr
FY21 85.5B KRW
FY22 110B KRW
FY23 111B KRW
FY24 98.4B KRW
FY25 129B KRW
Net income −6.9%/yr
FY21 9.0B KRW
FY22 5.8B KRW
FY23 11.6B KRW
FY24 2.1B KRW
FY25 6.8B KRW

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Cite: Fair Value Calculator (2026). "DK-Lok Corporation Fair Value". https://www.fairvalue-calculator.com/stock/105740

Peer Group

Metal Fabrication · 243 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 54 · Above median
Fair Value upside +13% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 3% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 1% · Bottom 25%
Revenue growth 56% · Top 25%
Dividend yield (TTM) 4.6% · Top 25%
Debt / equity 0.01× · 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 50 · sector 0
FUTURE 100 · sector 37
PAST 19 · sector 21
HEALTH 100 · sector 95
DIVIDEND 92 · 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.

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Frequently asked questions

Is DK-Lok Corporation (105740) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 8,350 KRW versus a price of 7,410 KRW, about +13% (undervalued).
What is the fair value of 105740?
Our model-based fair value for DK-Lok Corporation is 8,350 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 7,410 KRW.
What is the quality score of 105740?
DK-Lok Corporation has a Quality Score of 54/100. 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 DK-Lok Corporation (105740)?
DK-Lok Corporation reported trailing-twelve-month revenue of about 74.6B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 105740?
The net profit margin of DK-Lok Corporation is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.
Does DK-Lok Corporation pay a dividend?
DK-Lok Corporation currently shows a dividend yield of about 4.48% 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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