Hanjoo Light Metal Co (198940) Fair Value & Analysis
Consumer Cyclical · KR · Market cap 25.9B KRW
Fair value as of: Aug 13, 2026
From 4 valuation models · updated today
Fair value updated Aug 13, 2026, revised from 6,645 KRW to 865.18 KRW (−87.0%) since Jul 22, 2026. Share price +7.9% over the past month.
Below-average quality, and screening another 42% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (1,168 KRW). The favourable scenario is already priced in.
- Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
- A fairly wide model range (562.44 KRW to 1,168 KRW) leaves room in how you read the outcome.
Price vs Fair Value (4 years)
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
43‑month range 1,184 KRW – 10,660 KRW · fair‑value band 562.44 KRW – 1,168 KRW · the 1,479 KRW price screens above the 865.18 KRW fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Hanjoo Light Metal Co (198940) currently trades at 1,479 KRW, while our model-based Fair Value estimate is 865.18 KRW, implying the stock looks roughly 41.5% overvalued today. The Quality Score stands at 42/100 (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: low).
Over the trailing twelve months, Hanjoo Light Metal Co generated revenue of 260B KRW at a net margin of -1.3%. Revenue grew 1.5% year over year. It earns a return on equity of -7.0%. Net debt stands at 84.6B KRW. Fundamentals as of Aug 13, 2026
Our scenario range runs from 562.44 KRW (bear case) to 1,168 KRW (bull case); at 1,479 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 55% below its 52-week high and 157% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at -42%, 198940 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.
All 4 models by family
Widest divergence: Asset-Based (1,601 KRW) versus Multiples (903.92 KRW). Highest evidence: EV/EBITDA (54).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 39 · Market factors (momentum, volatility) 29
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
Hanjoo Light Metal Co., Ltd. manufactures and sells automobile parts. It offers EV components, lightweight components, engine components, and marine propulsion components. The company was formerly known as Hanjoo Metal Co., Ltd. and changed its name to Hanjoo Light Metal Co., Ltd. in January 1996. Hanjoo Light Metal Co., Ltd.
Full company description
Hanjoo Light Metal Co., Ltd. manufactures and sells automobile parts. It offers EV components, lightweight components, engine components, and marine propulsion components. The company was formerly known as Hanjoo Metal Co., Ltd. and changed its name to Hanjoo Light Metal Co., Ltd. in January 1996. Hanjoo Light Metal Co., Ltd. was incorporated in 1987 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
Hanjoo Light Metal Co reported revenue of 259B KRW in FY2025 versus 189B KRW in FY2021, a compound +8.2%/yr. Reported net income was −2.7B KRW in FY2025.
198940 screens 42% overvalued. Compare with Hyundai Mobis Co →
Peer Group
Auto Parts · 643 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.
Valuation Multiples vs Auto Parts median · lower = cheaper
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: 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.
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 Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Hyundai Mobis Co 012330 | 511,000 KRW | 643,909 KRW | +26% |
| Magna International Inc MGAN | 1,122 MXN | 1,142 MXN | +2% |
| Samvardhana Motherson International Limited MOTHERSON | ₹169.50 | ₹80.63 | -52% |
| Bosch Limited BOSCHLTD | ₹46,750 | ₹13,061 | -72% |
| Bharat Forge Limited BHARATFORG | ₹2,082 | ₹393.20 | -81% |
| Uno Minda Limited UNOMINDA | ₹1,232 | ₹426.57 | -65% |
| Schaeffler India Limited SCHAEFFLER | ₹4,126 | ₹1,412 | -66% |
| Hankook Tire & Technology Co 161390 | 71,500 KRW | 196,479 KRW | +175% |
| Sona BLW Precision Forgings Limited SONACOMS | ₹799.90 | ₹207.06 | -74% |
| Balkrishna Industries Limited BALKRISIND | ₹2,497 | ₹1,211 | -51% |
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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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