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Taewoong Logistics Co.Ltd (124560) Fair Value & Analysis

Industrials · KR · Market cap 71.9B KRW

TL Taewoong Logistics Co.Ltd 124560 · KQ
Price1,942 KRW
Fair Value4,937 KRW
Upside+154.2%
Quality35/100
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Strengths

Trades 154% below our fair value of 4,937 KRW

Risks

!Mixed Growth
!Loss-making · -0.6% net margin
!Low debt · negative free cash flow
!Trails peers (3/9)
Mixed Growth
Loss-making · -0.6% net margin
Low debt · negative free cash flow
6.85% dividend yield
Trails peers (3/9)
Narrow moat 18/100
Evidence: Medium Range 3,290 KRW – 6,584 KRW Share as image

Fair value as of: Aug 21, 2026

From 8 valuation models · updated today

Share price +5.5% over the past month.

Below-average quality, screening 154% undervalued on our models.

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What matters now

  • The large discount to fair value meets weak quality (35/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (3,290 KRW). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (3,290 KRW to 6,584 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

7,124 KRW 1,690 KRW Fair Value 4,937 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range 1,690 KRW – 7,124 KRW · fair‑value band 3,290 KRW – 6,584 KRW · the 1,942 KRW price screens below the 4,937 KRW fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Taewoong Logistics Co.Ltd (124560) currently trades at 1,942 KRW, while our model-based Fair Value estimate is 4,937 KRW, implying the stock looks roughly 154.2% undervalued today. The Quality Score stands at 35/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, Taewoong Logistics Co.Ltd generated revenue of 1.1T KRW at a net margin of -0.6%. Revenue grew 1.5% year over year. It earns a return on equity of -2.4%. Net debt stands at 63.9B KRW. Fundamentals as of Aug 21, 2026

Our scenario range runs from 3,290 KRW (bear case) to 6,584 KRW (bull case); at 1,942 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 and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 26% fair-value upside, at 154%, 124560 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
ROIC Compounder 1,286 KRW 1,333 KRW 1,374 KRW 72
Gordon GGM 1,017 KRW 2,115 KRW 3,356 KRW 70
DDM Multi-Stage 1,017 KRW 1,784 KRW 2,220 KRW 61
All 8 models by family
Earnings-Based
EPV 1,286 KRW 1,333 KRW 1,374 KRW 59
Dividend Discount
Gordon GGM 1,017 KRW 2,115 KRW 3,356 KRW 70
DDM Multi-Stage 1,017 KRW 1,784 KRW 2,220 KRW 61
Multiples
EV/EBIT 1,760 KRW 2,012 KRW 2,265 KRW 53
EV/EBITDA 5,943 KRW 7,590 KRW 9,237 KRW 54
EV/Revenue 1,543 KRW 1,775 KRW 2,006 KRW 43
Asset-Based
NCAV (Graham) 3,263 KRW 4,372 KRW 6,526 KRW 50
Economic Profit
ROIC Compounder 1,286 KRW 1,333 KRW 1,374 KRW 72

Widest divergence: Asset-Based (4,372 KRW) versus Earnings-Based (1,333 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 1.1T KRW
Revenue growth (YoY) +1.5%
Net margin -0.6%
Return on equity -2.4%
Free cash flow −22.1B KRW FY2025
Operating margin 0.2%
More key figures
Dividend yield 6.9%
EPS growth (YoY) -47.6%
Net debt 63.9B KRW FY2025

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 37 · Market factors (momentum, volatility) 29

Profitability 34
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 13
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 40
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

Taewoong Logistics Co., Ltd., a logistics company, provides various transport services by sea, air, bulk project, and inland transportation in South Korea and internationally.

Full company description

Taewoong Logistics Co., Ltd., a logistics company, provides various transport services by sea, air, bulk project, and inland transportation in South Korea and internationally. The company offers integrated logistics service, including export/import sea, air, railway, project transport, customs clearance, insurance, and loading and unloading services; and develops/operates logistics system through logistics information system, such as global logistics system, direct connection with customer's system, customized logistics system, and various EDI connection system. It also provides rail transport services to CIS regions, East Europe, Central Asia, and the Middle East; inland transport services; sea transport services comprising various types of deliveries that include FCL/LCL, OOG, DG cargo, ISO tank, and Flexi-bags; and air transport services for import and export cargo. In addition, the company transports equipment for overseas/domestic chemical plants, electric power plants, and infrastructure projects; and acts as ISO tank operators and cleaning depots. Further, it provides inland/logistics consulting services; multimodal transport services, such as railway, sea, inland, warehouse, and customs clearance professionals; and warehousing, logistics, and support services for cargo. The company was formerly known as Taewoong Shipping Co., Ltd. and changed its name to Taewoong Logistics Co., Ltd. The company was founded in 1996 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Taewoong Logistics Co.Ltd reported revenue of 1.1T KRW in FY2025 versus 939B KRW in FY2021, a compound +4.4%/yr. Reported net income was −5.4B KRW in FY2025.

Growth Quality 36/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.1T KRW
Latest YoY
+7.0%
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.
−5.6%
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.
+26.8%
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.
+15.5%
Revenue +4.4%/yr
FY21 939B KRW
FY22 1.3T KRW
FY23 770B KRW
FY24 1.0T KRW
FY25 1.1T KRW
Net income
FY21 63.7B KRW
FY22 93.4B KRW
FY23 27.0B KRW
FY24 30.2B KRW
FY25 −5.4B KRW

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Cite: Fair Value Calculator (2026). "Taewoong Logistics Co.Ltd Fair Value". https://www.fairvalue-calculator.com/stock/124560

Peer Group

Integrated Freight & Logistics · 216 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 35 · Bottom 25%
Fair Value upside +154% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 6.7% · Top 25%
Debt / equity 0.02× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 41
FUTURE8 · sector 8
PAST0 · sector 26
HEALTH99 · sector 94
DIVIDEND100 · sector 59

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

Similar stocks

10 more Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
United Parcel Service, Inc UPS $103.91 $103.34 -1%
FedEx Corporation FDX $326.77 $347.68 +6%
Deutsche Post AG DHL €55.32 €53.18 -4%
DSV A/S DSV kr 1,380 kr 712.57 -48%
S.F. Holding 002352 ¥32.96 ¥48.64 +48%
ZTO Express (Cayman) Inc 2057 HK$178.20 HK$224.41 +26%
Hyundai Glovis Co 086280 199,700 KRW 468,982 KRW +135%
YTO Express Group 600233 ¥18.48 ¥26.51 +43%
JD Logistics, Inc 2618 HK$14.17 HK$21.45 +51%
Sinotrans Limited 601598 ¥6.46 ¥7.38 +14%

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Frequently asked questions

Is Taewoong Logistics Co.Ltd (124560) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of 4,937 KRW versus a price of 1,942 KRW, about +154% (undervalued).
What is the fair value of 124560?
Our model-based fair value for Taewoong Logistics Co.Ltd is 4,937 KRW (as of Aug 21, 2026), built from audited fundamentals. The current price: 1,942 KRW.
What is the quality score of 124560?
Taewoong Logistics Co.Ltd has a Quality Score of 35/100. 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 Taewoong Logistics Co.Ltd (124560)?
Taewoong Logistics Co.Ltd reported trailing-twelve-month revenue of about 1.1T KRW (latest available figure, as of Aug 21, 2026).
What is the net profit margin of 124560?
The net profit margin of Taewoong Logistics Co.Ltd is about -0.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Taewoong Logistics Co.Ltd pay a dividend?
Taewoong Logistics Co.Ltd currently shows a dividend yield of about 6.44% relative to its recent price (as of Aug 21, 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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