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Green Plus Co (186230) Fair Value & Analysis

Basic Materials · KR · Market cap 36.5B KRW

GP Green Plus Co 186230 · KQ
Price3,285 KRW
Fair Value548.70 KRW
Upside-83.3%
Quality39/100
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Evidence: Low Range 548.70 KRW – 1,476 KRW

Fair value as of: Jul 7, 2026

From 2 valuation models · updated today

Fair value updated Jul 7, 2026 — revised from 16,410 KRW to 548.70 KRW (−96.7%) since Jun 24, 2026. Share price −11.2% over the past month.

Price vs Fair Value (12 months)

7,840 KRW 2,965 KRW Fair Value 548.70 KRW Jun 2025 Jul 2026

12‑month range 2,965 KRW – 7,840 KRW · fair‑value band 548.70 KRW – 1,476 KRW · the 3,285 KRW price screens above the 548.70 KRW fair value. As of Jul 7, 2026.

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Analysis

Green Plus Co (186230) currently trades at 3,285 KRW, while our model-based Fair Value estimate is 548.70 KRW — implying the stock looks roughly 83.3% overvalued today. We read business quality at 39/100 (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: low).

Over the trailing twelve months, Green Plus Co generated revenue of 115B KRW at a net margin of -9.2%. Revenue grew 43.0% year over year. It earns a return on equity of -24.7%. Net debt stands at 34.3B KRW. Fundamentals as of Jul 7, 2026

Our scenario range runs from 548.70 KRW (bear case) to 1,476 KRW (bull case); at 3,285 KRW, the current price sits above that range. The share trades about 59% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 37% fair-value upside — at -83%, 186230 screens richer than that median.

Key figures & financial health

Revenue (TTM) 115B KRW
Revenue growth (YoY) +43.0%
Net margin -9.2%
Return on equity -24.7%
Free cash flow −4.2B KRW FY2025
Operating margin 1.4%
More key figures
EPS growth (YoY) -63.1%
Net debt 34.3B KRW FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 7, 2026. TTM = trailing twelve months.

About the company

Green Plus Co., Ltd. engages in the manufacturing, extruding, and processing of aluminum products in South Korea and internationally. It offers aluminum products for electricity and electronics, construction and industrial, automotive defense, and various square lumbers, sewing materials, and pipes. The company is also involved in gutter, aluminum pallet, light emitting diode, and solar energy business. In addition, it designs and constructs greenhouse; provides a system that artificially controls light, temperature, humidity, and carbon dioxide concentration in a certain facility to produce stably regardless of the season or the location; Green Fish Farm Aquaculture System; and greenery landscaping services. Green Plus Co., Ltd. was founded in 1996 and is headquartered in Yesan-Eup, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Green Plus Co reported revenue of 106B KRW in FY2025 versus 83.2B KRW in FY2021, a compound +6.2%/yr. Reported net income was −11.4B KRW in FY2025.

Revenue +6.2%/yr
FY21 83.2B KRW
FY22 83.0B KRW
FY23 58.9B KRW
FY24 87.7B KRW
FY25 106B KRW
Net income
FY21 −4.0B KRW
FY22 −2.7B KRW
FY23 −14.0B KRW
FY24 778M KRW
FY25 −11.4B KRW

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Cite: Fair Value Calculator (2026). "Green Plus Co Fair Value". https://www.fairvalue-calculator.com/stock/186230

Similar stocks

10 more Aluminum stocks, each showing price versus our Fair Value estimate (as of Jul 7, 2026).

Stock Price Fair Value vs Fair Value
China Hongqiao Group CHHQY $36.48 $55.00 +51%
Shandong Hongqiao Aluminum Industry Holding 002379 ¥17.36 ¥26.70 +54%
Aluminum Corporation 601600 ¥9.86 ¥17.01 +73%
Hindalco Industries Limited HINDALCO ₹1,039 ₹958.11 -8%
Norsk Hydro ASA NHY kr 97.64 kr 84.83 -13%
Alcoa Corporation AA $78.02 $36.04 -54%
Press Metal Aluminium Holdings 8869 8.96 MYR 3.41 MYR -62%
Yunnan Aluminium Co 000807 ¥25.99 ¥38.55 +48%
Tianshan Aluminum Group 002532 ¥13.39 ¥18.41 +37%
Henan Shenhuo Coal Industry and Electricity Power Co 000933 ¥27.80 ¥30.28 +9%

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Frequently asked questions

Is Green Plus Co (186230) undervalued?
As of Jul 7, 2026, our model estimates a fair value of 548.70 KRW versus a price of 3,285 KRW — about −83% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 186230?
Our model-based fair value for Green Plus Co is 548.70 KRW (as of Jul 7, 2026), built from audited fundamentals. The current price is 3,285 KRW.
What is the quality score of 186230?
Green Plus Co has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Green Plus Co (186230)?
Green Plus Co reported trailing-twelve-month revenue of about 115B KRW (latest available figure, as of Jul 7, 2026).
What is the net profit margin of 186230?
The net profit margin of Green Plus Co is about -9.2%, meaning it is currently running at a net loss. 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.