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HanJung Natural Connectivity System.co.,Ltd, (107640) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 276B KRW

HN HanJung Natural Connectivity System.co.,Ltd, 107640 · KQ
Price37,100 KRW
Fair Value6,496 KRW
Upside-82.5%
Quality14/100
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Expensive Growth
Thin margins · 3.0% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 29/100
Evidence: Medium Range 4,872 KRW – 8,120 KRW Share as image

Fair value as of: Jul 22, 2026

From 14 valuation models · updated 19 days ago

Share price +17.6% over the past month.

Below-average quality, and screening another 82% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (8,120 KRW). The favourable scenario is already priced in.
  • Weak quality (14/100) 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 (2 years)

72,500 KRW 18,620 KRW Fair Value 6,496 KRW Jun 2024 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

26‑month range 18,620 KRW – 72,500 KRW · fair‑value band 4,872 KRW – 8,120 KRW · the 37,100 KRW price screens above the 6,496 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

HanJung Natural Connectivity System.co.,Ltd, (107640) currently trades at 37,100 KRW, while our model-based Fair Value estimate is 6,496 KRW, implying the stock looks roughly 82.5% overvalued today. The Quality Score stands at 14/100 (below-average quality), in the Consumer Cyclical 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, HanJung Natural Connectivity System.co.,Ltd, generated revenue of 197B KRW at a net margin of 3.0%. Revenue grew 65.3% year over year. It earns a return on equity of 8.0%. Net debt stands at 32.6B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 4,872 KRW (bear case) to 8,120 KRW (bull case); at 37,100 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 49% below its 52-week high and 57% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -82%, 107640 screens richer 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
ROIC Compounder 6,249 KRW 6,868 KRW 7,418 KRW 72
Growth-Adj P/E 6,040 KRW 8,629 KRW 11,218 KRW 68
P/E Multiple 6,744 KRW 8,991 KRW 11,239 KRW 63
All 14 models by family
Earnings-Based
Graham-Dodd 3,057 KRW 14,919 KRW 20,559 KRW 54
Lynch FV 4,003 KRW 5,719 KRW 7,434 KRW 50
PEG = 1.0 4,003 KRW 5,719 KRW 7,434 KRW 46
EPV 6,249 KRW 6,868 KRW 7,418 KRW 59
Multiples
P/E Multiple 6,744 KRW 8,991 KRW 11,239 KRW 63
P/S Multiple 5,732 KRW 7,643 KRW 9,553 KRW 58
P/B Multiple 5,732 KRW 7,643 KRW 9,553 KRW 55
EV/EBIT 8,736 KRW 10,735 KRW 12,733 KRW 53
EV/EBITDA 13,514 KRW 17,105 KRW 20,696 KRW 54
EV/Revenue 6,782 KRW 8,514 KRW 10,246 KRW 43
Asset-Based
NCAV (Graham) 5,412 KRW 7,252 KRW 10,823 KRW 50
Economic Profit
Residual Income 8,230 KRW 8,227 KRW 7,631 KRW 61
ROIC Compounder 6,249 KRW 6,868 KRW 7,418 KRW 72
Growth Earnings
Growth-Adj P/E 6,040 KRW 8,629 KRW 11,218 KRW 68

Widest divergence: Growth Earnings (8,629 KRW) versus Earnings-Based (5,719 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 197B KRW
Revenue growth (YoY) +65.3%
Net margin 3.0%
Return on equity 8.0%
Free cash flow −47.3B KRW FY2025
Operating margin 2.6%
More key figures
EPS growth (YoY) -74.1%
Net debt 32.6B KRW FY2025

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

Quality Score breakdown

Overall quality 14/100

Of which business quality 19 · Market factors (momentum, volatility) 25

Profitability 29
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 35
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

HanJung Natural Connectivity System.co.,Ltd, together with its subsidiaries, manufactures and sells automobile and energy storage device parts.

Full company description

HanJung Natural Connectivity System.co.,Ltd, together with its subsidiaries, manufactures and sells automobile and energy storage device parts. It offers HVAC system parts, that includes cooling fan module, active air flap, and air guard; EV parts, such as PHEV battery module, electric vacuum pump, EVP controller, vacuum switch and sensor, motor brush holder, BEV battery module, EV power relay assy, and single switch assy; ESS parts, that includes ESS cell inner spacer, battery module, hybrid busbar assy, pack module assy, and fire spary nozzle; and portable ESS, such as CUBEGEN 1000. The company was founded in 1995 and is based in Yeongcheon-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HanJung Natural Connectivity System.co.,Ltd, reported revenue of 175B KRW in FY2025 versus 89.6B KRW in FY2021, a compound +18.3%/yr. Reported net income was 4.1B KRW in FY2025.

Growth Quality 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
175B KRW
Latest YoY
−1.1%
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.
+25.6%
Revenue +18.3%/yr
FY21 89.6B KRW
FY22 88.5B KRW
FY23 122B KRW
FY24 177B KRW
FY25 175B KRW
Net income
FY21 −1.9B KRW
FY22 −20.2B KRW
FY23 −16.4B KRW
FY24 17.3B KRW
FY25 4.1B KRW

107640 screens 82% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "HanJung Natural Connectivity System.co.,Ltd, Fair Value". https://www.fairvalue-calculator.com/stock/107640

Peer Group

Auto Parts · 642 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 14 · Bottom 25%
Fair Value upside −83% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 65% · Top 25%
Debt / equity 0.23× · 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 0 · sector 16
FUTURE 100 · sector 23
PAST 32 · sector 26
HEALTH 88 · sector 95
DIVIDEND 0 · sector 30

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹792.00 ₹207.06 -74%

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Frequently asked questions

Is HanJung Natural Connectivity System.co.,Ltd, (107640) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 6,496 KRW versus a price of 37,100 KRW, about −82% (overvalued).
What is the fair value of 107640?
Our model-based fair value for HanJung Natural Connectivity System.co.,Ltd, is 6,496 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 37,100 KRW.
What is the quality score of 107640?
HanJung Natural Connectivity System.co.,Ltd, has a Quality Score of 14/100. 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 HanJung Natural Connectivity System.co.,Ltd, (107640)?
HanJung Natural Connectivity System.co.,Ltd, reported trailing-twelve-month revenue of about 197B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 107640?
The net profit margin of HanJung Natural Connectivity System.co.,Ltd, is about 3.0%, meaning it keeps roughly 3.0% of revenue as net income. Based on the latest reported figures.

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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