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POLARIS UNO, Inc (114630) Fair Value & Analysis

Basic Materials · KR · Market cap 28.1B KRW

PU POLARIS UNO, Inc 114630 · KQ
Price1,630 KRW
Fair Value2,514 KRW
Upside+54.2%
Quality66/100
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Healthy Growth
Thin margins · 4.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/9)
Narrow moat 35/100
Evidence: High Range 1,779 KRW – 3,356 KRW Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 21 days ago

Share price −9.2% over the past month.

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

What matters now

  • The price is below even our cautious bear case (1,779 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (1,779 KRW to 3,356 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

9,050 KRW 1,379 KRW Fair Value 2,514 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 1,379 KRW – 9,050 KRW · fair‑value band 1,779 KRW – 3,356 KRW · the 1,630 KRW price screens below the 2,514 KRW fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

POLARIS UNO, Inc (114630) currently trades at 1,630 KRW, while our model-based Fair Value estimate is 2,514 KRW, implying the stock looks roughly 54.2% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Basic Materials 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, POLARIS UNO, Inc generated revenue of 98.0B KRW at a net margin of 4.4%. Revenue declined 16.8% year over year. It earns a return on equity of 3.4%. Net debt stands at 1.5B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 1,779 KRW (bear case) to 3,356 KRW (bull case); at 1,630 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 46% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at 54%, 114630 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 7,477 KRW 13,032 KRW 22,648 KRW 80
Residual Income 5,241 KRW 5,000 KRW 3,924 KRW 76
Rev-Margin DCF 5,539 KRW 9,034 KRW 13,661 KRW 74
All 26 models by family
DCF Models
FCF DCF 7,569 KRW 13,742 KRW 24,800 KRW 38
Owner Earnings 3,537 KRW 6,186 KRW 10,930 KRW 31
5Y Revenue Exit 5,539 KRW 9,100 KRW 13,928 KRW 39
5Y EBITDA Exit 5,351 KRW 8,704 KRW 12,890 KRW 41
5Y P/E Exit 3,862 KRW 5,569 KRW 7,451 KRW 38
10Y Revenue Exit 6,011 KRW 9,669 KRW 15,297 KRW 36
10Y EBITDA Exit 6,030 KRW 9,375 KRW 14,410 KRW 37
10Y P/E Exit 5,035 KRW 7,049 KRW 9,760 KRW 35
Earnings-Based
Graham-Dodd 948.88 KRW 4,734 KRW 6,533 KRW 54
Lynch FV 1,280 KRW 1,828 KRW 2,376 KRW 50
PEG = 1.0 1,280 KRW 1,828 KRW 2,376 KRW 46
EPV 4,284 KRW 4,913 KRW 5,464 KRW 59
Dividend Discount
Gordon GGM 698.32 KRW 1,452 KRW 2,303 KRW 70
DDM Multi-Stage 698.32 KRW 1,224 KRW 1,524 KRW 61
Multiples
P/E Multiple 1,779 KRW 2,372 KRW 2,965 KRW 63
P/S Multiple 1,779 KRW 2,372 KRW 2,965 KRW 58
P/B Multiple 1,779 KRW 2,372 KRW 2,965 KRW 55
EV/EBIT 5,253 KRW 6,835 KRW 8,417 KRW 53
EV/EBITDA 4,619 KRW 5,990 KRW 7,361 KRW 54
EV/Revenue 4,620 KRW 6,383 KRW 8,146 KRW 43
Asset-Based
NCAV (Graham) 3,725 KRW 4,991 KRW 7,450 KRW 50
Growth DCF
Growth DCF 7,477 KRW 13,032 KRW 22,648 KRW 80
Rev-Margin DCF 5,539 KRW 9,034 KRW 13,661 KRW 74
Economic Profit
Residual Income 5,241 KRW 5,000 KRW 3,924 KRW 76
ROIC Compounder 4,284 KRW 4,913 KRW 5,464 KRW 72
Growth Earnings
Growth-Adj P/E 1,760 KRW 2,514 KRW 3,268 KRW 68

Widest divergence: Growth DCF (9,034 KRW) versus Dividend Discount (1,224 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 98.0B KRW
Revenue growth (YoY) -16.8%
Net margin 4.4%
Return on equity 3.4%
Free cash flow 9.2B KRW FY2025
Operating margin 8.3%
More key figures
EPS growth (YoY) +214%
Net debt 1.5B KRW FY2023

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 66 · Market factors (momentum, volatility) 27

Profitability 26
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 100
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

POLARIS UNO, Inc., together with its subsidiaries, engages in the synthetic fiber and chemical businesses in South Korea, China, Africa, Indonesia, and internationally.

Full company description

POLARIS UNO, Inc., together with its subsidiaries, engages in the synthetic fiber and chemical businesses in South Korea, China, Africa, Indonesia, and internationally. The company offers PVC wig fibers, such as dull and bright fibers under the Falang brand; braid fibers under Acra brand; high temperature and flame-retardant fibers under UNOLON brand; and wig oils and glues. It also provides optical materials allyl, photochromic, and blue cut monomers; and photochromic dye that changes to its distinctive color when exposed to sunlight, and changes back when it is indoors or when sunlight is blocked. The company exports its products to approximately 20 countries, including Southeast Asia. The company was formerly known as UNO&COMPANY.,LTD. and changed its name to POLARIS UNO, Inc. in March 2022. POLARIS UNO, Inc. was founded in 1999 and is headquartered in Wanju-gun, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

POLARIS UNO, Inc reported revenue of 102B KRW in FY2025 versus 67.0B KRW in FY2021, a compound +11.0%/yr. Reported net income was 2.4B KRW in FY2025, compounding −15.5%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
102B KRW
Latest YoY
+27.1%
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.
+1.6%
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.
+15.8%
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.
+6.9%
Revenue +11.0%/yr
FY21 67.0B KRW
FY22 97.0B KRW
FY23 78.1B KRW
FY24 80.1B KRW
FY25 102B KRW
Net income −15.5%/yr
FY21 4.7B KRW
FY22 3.7B KRW
FY23 7.6B KRW
FY24 6.1B KRW
FY25 2.4B KRW

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Cite: Fair Value Calculator (2026). "POLARIS UNO, Inc Fair Value". https://www.fairvalue-calculator.com/stock/114630

Peer Group

Specialty Chemicals · 673 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 66 · Top 25%
Fair Value upside +54% · Top 25%
Return on equity (TTM) 3% · Below median
Return on assets 4% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 8% · Above median
Revenue growth -17% · Bottom 25%
Debt / equity 0.11× · Higher than median

Valuation Multiples vs Specialty Chemicals 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 0 · sector 19
PAST 14 · sector 23
HEALTH 94 · sector 95
DIVIDEND 0 · 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.

Similar stocks

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

Stock Price Fair Value vs Fair Value
Linde plc LIN $489.98 $222.03 -55%
Nan Ya Plastics Corporation 1303 181.50 TWD 255.83 TWD +41%
Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

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Frequently asked questions

Is POLARIS UNO, Inc (114630) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 2,514 KRW versus a price of 1,630 KRW, about +54% (undervalued).
What is the fair value of 114630?
Our model-based fair value for POLARIS UNO, Inc is 2,514 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 1,630 KRW.
What is the quality score of 114630?
POLARIS UNO, Inc has a Quality Score of 66/100. 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 POLARIS UNO, Inc (114630)?
POLARIS UNO, Inc reported trailing-twelve-month revenue of about 98.0B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 114630?
The net profit margin of POLARIS UNO, Inc is about 4.4%, meaning it keeps roughly 4.4% 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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