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BGFecomaterials CO., LTD. (126600) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 178B KRW

BC BGFecomaterials CO., LTD. 126600 · KQ
Price3,020 KRW
Fair Value3,837 KRW
Upside+27.1%
Quality29/100
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Expensive Growth
Thin margins · 3.6% net margin
Low debt · negative free cash flow
1.78% dividend yield
Trails peers (2/9)
Narrow moat 29/100
Evidence: Medium Range 2,878 KRW – 4,797 KRW Share as image

Fair value as of: Jul 22, 2026

From 14 valuation models · updated 19 days ago

Share price −1.1% over the past month.

Below-average quality, screening 27% undervalued on our models.

What matters now

  • Our model range runs from 2,878 KRW (bear) to 4,797 KRW (bull), base 3,837 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 29/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

11,349 KRW 2,328 KRW Fair Value 3,837 KRW Mar 2021 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

60‑month range 2,328 KRW – 11,349 KRW · fair‑value band 2,878 KRW – 4,797 KRW · the 3,020 KRW price screens below the 3,837 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

BGFecomaterials CO., LTD. (126600) currently trades at 3,020 KRW, while our model-based Fair Value estimate is 3,837 KRW, implying the stock looks roughly 27.1% undervalued today. The Quality Score stands at 29/100 (below-average quality), in the Consumer Cyclical 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, BGFecomaterials CO., LTD. generated revenue of 392B KRW at a net margin of 3.6%. Revenue declined 6.3% year over year. It earns a return on equity of 2.0%. Net debt stands at 73.0B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 2,878 KRW (bear case) to 4,797 KRW (bull case); at 3,020 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 54% below its 52-week high and 15% 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 27%, 126600 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 4,859 KRW 4,751 KRW 4,117 KRW 76
ROIC Compounder 1,404 KRW 1,628 KRW 1,824 KRW 72
Growth-Adj P/E 3,003 KRW 4,290 KRW 5,577 KRW 68
All 14 models by family
Earnings-Based
Graham-Dodd 1,535 KRW 8,171 KRW 11,316 KRW 54
Lynch FV 2,253 KRW 3,219 KRW 4,184 KRW 50
PEG = 1.0 2,253 KRW 3,219 KRW 4,184 KRW 46
EPV 1,404 KRW 1,628 KRW 1,824 KRW 59
Multiples
P/E Multiple 2,878 KRW 3,837 KRW 4,797 KRW 63
P/S Multiple 2,878 KRW 3,837 KRW 4,797 KRW 58
P/B Multiple 2,878 KRW 3,837 KRW 4,797 KRW 55
EV/EBIT 3,001 KRW 3,982 KRW 4,962 KRW 53
EV/EBITDA 4,311 KRW 5,728 KRW 7,145 KRW 54
EV/Revenue 2,609 KRW 3,701 KRW 4,794 KRW 43
Asset-Based
NCAV (Graham) 3,317 KRW 4,444 KRW 6,634 KRW 50
Economic Profit
Residual Income 4,859 KRW 4,751 KRW 4,117 KRW 76
ROIC Compounder 1,404 KRW 1,628 KRW 1,824 KRW 72
Growth Earnings
Growth-Adj P/E 3,003 KRW 4,290 KRW 5,577 KRW 68

Widest divergence: Asset-Based (4,444 KRW) versus Economic Profit (1,628 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 392B KRW
Revenue growth (YoY) -6.3%
Net margin 3.6%
Return on equity 2.0%
Free cash flow −89.5B KRW FY2025
Operating margin 3.5%
More key figures
Dividend yield 1.6%
EPS growth (YoY) +6.7%
Net debt 73.0B KRW FY2025

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

Quality Score breakdown

Overall quality 29/100

Of which business quality 33 · Market factors (momentum, volatility) 31

Profitability 25
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 21
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

BGFecomaterials CO., LTD. manufactures and sells engineering plastic resins in South Korea and internationally. The company's products include PA6, PA66, PP, polybutylene terephthalate, modified polyphenylene oxide, long-fiber reinforced thermoplastics and polycarbonate. Its products are used in automotive, electric and electronic, and industrial industries.

Full company description

BGFecomaterials CO., LTD. manufactures and sells engineering plastic resins in South Korea and internationally. The company's products include PA6, PA66, PP, polybutylene terephthalate, modified polyphenylene oxide, long-fiber reinforced thermoplastics and polycarbonate. Its products are used in automotive, electric and electronic, and industrial industries. The company was formerly known as Kopla Co., Ltd. BGFecomaterials CO., LTD. was founded in 1997 and is headquartered in Hwaseong-si, South Korea. BGFecomaterials CO., LTD. is a subsidiary of BGF Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BGFecomaterials CO., LTD. reported revenue of 398B KRW in FY2025 versus 203B KRW in FY2021, a compound +18.3%/yr. Reported net income was 14.0B KRW in FY2025, compounding +104.9%/yr from FY2021.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
398B KRW
Latest YoY
+9.2%
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.
+14.8%
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.
+21.4%
Avg. growth/yr (12Y) 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.
+13.1%
Revenue +18.3%/yr
FY21 203B KRW
FY22 263B KRW
FY23 286B KRW
FY24 364B KRW
FY25 398B KRW
Net income +104.9%/yr
FY21 793M KRW
FY22 28.6B KRW
FY23 −10.5B KRW
FY24 14.9B KRW
FY25 14.0B KRW

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Cite: Fair Value Calculator (2026). "BGFecomaterials CO., LTD. Fair Value". https://www.fairvalue-calculator.com/stock/126600

Peer Group

Auto Parts · 641 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 29 · Bottom 25%
Fair Value upside +27% · Above median
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth -6% · Bottom 25%
Dividend yield (TTM) 1.8% · Above median
Debt / equity 0.21× · 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 69 · sector 16
FUTURE 0 · sector 24
PAST 8 · sector 26
HEALTH 89 · sector 95
DIVIDEND 36 · sector 30

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 BGFecomaterials CO., LTD. (126600) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 3,837 KRW versus a price of 3,020 KRW, about +27% (undervalued).
What is the fair value of 126600?
Our model-based fair value for BGFecomaterials CO., LTD. is 3,837 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 3,020 KRW.
What is the quality score of 126600?
BGFecomaterials CO., LTD. has a Quality Score of 29/100. 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 BGFecomaterials CO., LTD. (126600)?
BGFecomaterials CO., LTD. reported trailing-twelve-month revenue of about 392B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 126600?
The net profit margin of BGFecomaterials CO., LTD. is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does BGFecomaterials CO., LTD. pay a dividend?
BGFecomaterials CO., LTD. currently shows a dividend yield of about 1.64% relative to its recent price (as of Jul 22, 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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