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TPC Co (130740) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 22.2B KRW

TC TPC Co 130740 · KQ
Price1,982 KRW
Fair Value937.48 KRW
Upside-52.7%
Quality48/100
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Weak Growth
Highly profitable · 23.7% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 40/100
Evidence: Medium Range 667.22 KRW – 1,208 KRW Share as image

Fair value as of: Jul 20, 2026

From 10 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from 468.74 KRW to 937.48 KRW (+100.0%) since Jul 7, 2026. Share price +1.1% over the past month.

Below-average quality, and screening another 53% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1,208 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (667.22 KRW to 1,208 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

6,094 KRW 1,641 KRW Fair Value 937.48 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 1,641 KRW – 6,094 KRW · fair‑value band 667.22 KRW – 1,208 KRW · the 1,982 KRW price screens above the 937.48 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.

Full chart & analysis →

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Analysis

TPC Co (130740) currently trades at 1,982 KRW, while our model-based Fair Value estimate is 937.48 KRW, implying the stock looks roughly 52.7% overvalued today. The Quality Score stands at 48/100 (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, TPC Co generated revenue of 79.2B KRW at a net margin of 23.7%. Revenue declined 1.0% year over year. It earns a return on equity of 21.7%. Net debt stands at 809M KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 667.22 KRW (bear case) to 1,208 KRW (bull case); at 1,982 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 43% below its 52-week high and 23% 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 -53%, 130740 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
Growth DCF 2,599 KRW 2,714 KRW 2,889 KRW 80
EV/EBITDA 2,681 KRW 2,816 KRW 2,951 KRW 54
NCAV (Graham) 2,897 KRW 3,882 KRW 5,794 KRW 50
All 10 models by family
DCF Models
FCF DCF 2,588 KRW 2,707 KRW 2,901 KRW 38
Owner Earnings 3,828 KRW 4,422 KRW 5,387 KRW 31
5Y Revenue Exit 2,553 KRW 2,678 KRW 2,844 KRW 39
5Y EBITDA Exit 2,612 KRW 2,781 KRW 2,983 KRW 41
10Y Revenue Exit 2,556 KRW 2,668 KRW 2,799 KRW 36
10Y EBITDA Exit 2,600 KRW 2,736 KRW 2,895 KRW 37
Multiples
EV/EBITDA 2,681 KRW 2,816 KRW 2,951 KRW 54
EV/Revenue 2,552 KRW 2,670 KRW 2,789 KRW 43
Asset-Based
NCAV (Graham) 2,897 KRW 3,882 KRW 5,794 KRW 50
Growth DCF
Growth DCF 2,599 KRW 2,714 KRW 2,889 KRW 80

Widest divergence: Asset-Based (3,882 KRW) versus Multiples (2,670 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 79.2B KRW
Revenue growth (YoY) -1.0%
Net margin 23.7%
Return on equity 21.7%
Free cash flow 343M KRW FY2025
Operating margin -3.4%
More key figures
EPS growth (YoY) +48.2%
Net debt 809M KRW FY2023

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 45 · Market factors (momentum, volatility) 39

Profitability 20
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 82
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

TPC Co., Ltd. manufactures and sells automotive parts in South Korea, the United States, Japan, Europe, China, and internationally. The company offers steel pipes, anti-vibration parts, fuel injection, cooling system pipe assemblies.

Full company description

TPC Co., Ltd. manufactures and sells automotive parts in South Korea, the United States, Japan, Europe, China, and internationally. The company offers steel pipes, anti-vibration parts, fuel injection, cooling system pipe assemblies. It also provides precision as-welded tubes, precision DOM tubes, filler neck/water pipes, surface treatment, and brazing processing line products; PVC piping for use in water supply, sewerage, and firefighting piping; and traction machines (reducers) for use in elevators/escalators, synchronous motors, industrial reducers, and robot reducers. The company was formerly known as Taechang Precision Co., Ltd. and changed its name to TPC Co., Ltd. in May 2002. TPC Co., Ltd. was founded in 1998 and is headquartered in Gyeongsan-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TPC Co reported revenue of 79.4B KRW in FY2025 versus 80.4B KRW in FY2021, a compound −0.3%/yr. Reported net income was −478M KRW in FY2025.

Growth Quality 39/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
79.4B KRW
Latest YoY
−1.3%
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.
−0.8%
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.
+0.0%
Avg. growth/yr (13Y) 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.
+4.5%
Revenue −0.3%/yr
FY21 80.4B KRW
FY22 81.3B KRW
FY23 79.5B KRW
FY24 80.4B KRW
FY25 79.4B KRW
Net income
FY21 −1.7B KRW
FY22 −1.5B KRW
FY23 −1.9B KRW
FY24 1.5B KRW
FY25 −478M KRW

130740 screens 53% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "TPC Co Fair Value". https://www.fairvalue-calculator.com/stock/130740

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 48 · Below median
Fair Value upside −53% · Bottom 25%
Return on equity (TTM) 22% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 24% · Top 25%
Operating margin (TTM) -3% · Bottom 25%
Revenue growth -1% · Below median

Valuation Multiples vs Auto Parts 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 0 · sector 16
FUTURE 0 · sector 23
PAST 87 · sector 26
HEALTH 100 · 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 20, 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 TPC Co (130740) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 937.48 KRW versus a price of 1,982 KRW, about −53% (overvalued).
What is the fair value of 130740?
Our model-based fair value for TPC Co is 937.48 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 1,982 KRW.
What is the quality score of 130740?
TPC Co has a Quality Score of 48/100. 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 TPC Co (130740)?
TPC Co reported trailing-twelve-month revenue of about 79.2B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 130740?
The net profit margin of TPC Co is about 23.7%, meaning it keeps roughly 23.7% 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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