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JC Chemical Co. Ltd (137950) Fair Value & Analysis

Basic Materials · KR · Market cap 63.1B KRW

JC JC Chemical Co. Ltd 137950 · KQ
Price3,620 KRW
Fair Value1,593 KRW
Upside-56.0%
Quality41/100
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Risks

!Trades 56% ABOVE our fair value of 1,593 KRW
!Expensive Growth
!Loss-making · -0.1% net margin
!Low debt · negative free cash flow
Expensive Growth
Loss-making · -0.1% net margin
Low debt · negative free cash flow
1.71% dividend yield
Trails peers (2/10)
Narrow moat 18/100
Evidence: Medium Range 1,094 KRW – 2,022 KRW Share as image

Fair value as of: Aug 13, 2026

From 8 valuation models · updated 7 days ago

Fair value updated Aug 13, 2026, revised from 928.32 KRW to 1,593 KRW (+71.6%) since Jul 20, 2026. Share price +19.5% over the past month.

Below-average quality, and screening another 56% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (2,022 KRW). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (1,094 KRW to 2,022 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

13,100 KRW 2,505 KRW Fair Value 1,593 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 2,505 KRW – 13,100 KRW · fair‑value band 1,094 KRW – 2,022 KRW · the 3,620 KRW price screens above the 1,593 KRW fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

JC Chemical Co. Ltd (137950) currently trades at 3,620 KRW, while our model-based Fair Value estimate is 1,593 KRW, implying the stock looks roughly 56.0% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Basic Materials 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, JC Chemical Co. Ltd generated revenue of 410B KRW at a net margin of -0.1%. Revenue grew 54.7% year over year. It earns a return on equity of -0.6%. Net debt stands at 183B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,094 KRW (bear case) to 2,022 KRW (bull case); at 3,620 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 44% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -55% fair-value upside, at -56%, 137950 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 644.78 KRW 928.32 KRW 1,176 KRW 72
Gordon GGM 1,376 KRW 2,861 KRW 4,539 KRW 70
DDM Multi-Stage 1,376 KRW 2,412 KRW 3,003 KRW 61
All 8 models by family
Earnings-Based
EPV 644.78 KRW 928.32 KRW 1,176 KRW 59
Dividend Discount
Gordon GGM 1,376 KRW 2,861 KRW 4,539 KRW 70
DDM Multi-Stage 1,376 KRW 2,412 KRW 3,003 KRW 61
Multiples
EV/EBIT 1,623 KRW 2,516 KRW 3,409 KRW 53
EV/EBITDA 3,452 KRW 4,955 KRW 6,457 KRW 54
EV/Revenue 2,195 KRW 3,588 KRW 4,981 KRW 43
Asset-Based
NCAV (Graham) 3,342 KRW 4,479 KRW 6,685 KRW 50
Economic Profit
ROIC Compounder 644.78 KRW 928.32 KRW 1,176 KRW 72

Widest divergence: Asset-Based (4,479 KRW) versus Earnings-Based (928.32 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 410B KRW
Revenue growth (YoY) +54.7%
Net margin -0.1%
Return on equity -0.6%
Free cash flow −53.8B KRW FY2025
Operating margin 1.3%
More key figures
Dividend yield 1.6%
EPS growth (YoY) -99.8%
Net debt 183B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 40 · Market factors (momentum, volatility) 36

Profitability 23
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 85
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

JC Chemical Co., Ltd., a renewable energy company, engages in the production and sale of biodiesels in South Korea, Indonesia, the Americas, and Europe. It offers biodiesel, bio heavy, marine biofuel, glycerin, and palm oil, as well as operates research center. The company was founded in 2006 and is headquartered in Ulsan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

JC Chemical Co. Ltd reported revenue of 368B KRW in FY2025 versus 393B KRW in FY2021, a compound −1.7%/yr. Reported net income was −4.0B KRW in FY2025.

Growth Quality 26/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
368B KRW
Latest YoY
+0.1%
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.
−10.4%
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.
+6.5%
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.
+11.2%
Revenue −1.7%/yr
FY21 393B KRW
FY22 512B KRW
FY23 439B KRW
FY24 367B KRW
FY25 368B KRW
Net income
FY21 32.8B KRW
FY22 20.4B KRW
FY23 20.8B KRW
FY24 6.1B KRW
FY25 −4.0B KRW

137950 screens 56% overvalued. Compare with BASF SE →

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Cite: Fair Value Calculator (2026). "JC Chemical Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/137950

Peer Group

Chemicals · 332 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 41 · Bottom 25%
Fair Value upside −57% · Below median
Return on assets 1% · Below median
Net margin (TTM) -0% · Below median
Operating margin (TTM) 1% · Bottom 25%
Revenue growth 55% · Top 25%
Dividend yield (TTM) 1.4% · Below median
Debt / equity 0.27× · Higher than median

Valuation Multiples vs Chemicals median · lower = cheaper

EV/EBITDA 1.1× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 19
PAST0 · sector 20
HEALTH87 · sector 94
DIVIDEND28 · sector 32

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

Similar stocks

10 more Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 467.04 MXN -55%
PT Barito Pacific Tbk, BRPT 1,855 IDR 1,584 IDR -15%
LG Chem, Ltd 051910 275,500 KRW 587,755 KRW +113%
SRF Limited 503806 ₹2,609 ₹749.17 -71%
542812 542812 ₹4,709 ₹791.05 -83%
Navin Fluorine International Limited NAVINFLUOR ₹8,357 ₹2,146 -74%
Deepak Nitrite Limited DEEPAKNI ₹1,768 ₹824.05 -53%
523642 523642 ₹2,484 ₹1,745 -30%
506285 506285 ₹4,048 ₹1,589 -61%
Kansai Nerolac Paints Limited 500165 ₹209.25 ₹80.51 -62%

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Frequently asked questions

Is JC Chemical Co. Ltd (137950) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1,593 KRW versus a price of 3,620 KRW, about −56% (overvalued).
What is the fair value of 137950?
Our model-based fair value for JC Chemical Co. Ltd is 1,593 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 3,620 KRW.
What is the quality score of 137950?
JC Chemical Co. Ltd has a Quality Score of 41/100. 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 JC Chemical Co. Ltd (137950)?
JC Chemical Co. Ltd reported trailing-twelve-month revenue of about 410B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 137950?
The net profit margin of JC Chemical Co. Ltd is about -0.1%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does JC Chemical Co. Ltd pay a dividend?
JC Chemical Co. Ltd currently shows a dividend yield of about 1.63% relative to its recent price (as of Aug 13, 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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