Cheil Electric Wiring Devices Co. Ltd. (199820) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Cheil Electric Wiring Devices Co. Ltd. stock KRW 3,915, price KRW 5,530, that is 29.2% below the price, quality 41 out of 100. Rating: overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 4,168 KRW – 20,700 KRW · fair‑value band 2,740 KRW – 4,471 KRW · the 5,530 KRW price screens above the 3,915 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Cheil Electric Co., Ltd. manufactures and sells electrical wiring equipment and related products in South Korea and internationally.
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It offers IOT and smart wiring appliances, smart home panel boards, circuit breakers, magnetic switches, wiring appliances, home panel boards, and other related products. The company sells its products to construction companies.
Cheil Electric Co., Ltd. was founded in 1955 and is headquartered in Busan, South Korea.
Stock analysis
Cheil Electric Wiring Devices Co. Ltd. (199820) currently trades at 5,530 KRW, while our model-based Fair Value estimate is 3,915 KRW, 29% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 4,619 KRW per share, and 2 of the 16 models we run sit above the 5,530 KRW price.
Bear case: the Dividend Discount group reads lowest at 903.75 KRW, and 14 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 2,740 KRW (bear) to 4,471 KRW (bull), the price of 5,530 KRW sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Cheil Electric Wiring Devices Co. Ltd. reported revenue of 196B KRW in FY2025 versus 147B KRW in FY2021, a compound +7.4%/yr. Reported net income was 6.6B KRW in FY2025, compounding −15.4%/yr from FY2021.
Key figures
Market cap 123B KRW (≈ $90.8M) Micro · P/E ratio 18.6 · P/S ratio 0.64 · EPS (TTM) 291.22 KRW · Dividend yield 1.8% · Net margin 3.4% · Return on equity 3.8% · Return on assets (EBIT) 5.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 73% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at −29%, 199820 screens cheaper than that median.
Fair Value models
Bear2,740 KRWFair Value 3,915 KRWBull4,471 KRW
Price 5,530 KRW · Downside -29.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (163.98 KRW per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+5.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.3%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.0%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−19.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−21.0%
Dividend (yield on the price)1.8%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 6%
⚠ Revenue per share shrinking 7.5%/yr over ~6Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Cheil Electric Wiring Devices Co. Ltd. with another stock
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Peer Groupⓘ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.Electrical Equipment & Parts · 564 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−29.2% · Above median
Profitability
Return on equity (12 months)3.8% · Below median
Return on assets2.9% · Below median
Net margin (12 months)3.4% · Below median
Operating margin (12 months)6.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)−8.7% · Bottom 25%
Dividend yield (12 months)1.8% · Above median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/E (12 months)18.6× · Cheaper than median
P/B0.78× · Cheapest 25%
P/S (12 months)0.64× · Cheapest 25%
EV/EBITDA8.7× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 66
PAST (return on equity)15· sector 25
HEALTH (low debt)100· sector 97
DIVIDEND (yield)36· sector 23
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Cheil Electric Wiring Devices Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/199820
Frequently asked questions
Is Cheil Electric Wiring Devices Co. Ltd. (199820) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 3,915 KRW versus a price of 5,530 KRW, about 29% lower (overvalued).
What is the fair value of 199820?
Our model-based fair value for Cheil Electric Wiring Devices Co. Ltd. is 3,915 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 5,530 KRW.
What is the quality score of 199820?
Cheil Electric Wiring Devices 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 price target for Cheil Electric Wiring Devices Co. Ltd. (199820)?
Our model-based price target is the fair value of 3,915 KRW (as of Nov 7, 2026) from 16 valuation models. Cautious scenario 2,740 KRW, optimistic scenario 4,471 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Cheil Electric Wiring Devices Co. Ltd. stock forecast for 2026?
Our models put fair value at 3,915 KRW, about 29% lower versus a price of 5,530 KRW (overvalued). Cautious scenario 2,740 KRW, optimistic scenario 4,471 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Cheil Electric Wiring Devices Co. Ltd. (199820)?
Cheil Electric Wiring Devices Co. Ltd. reported trailing-twelve-month revenue of about 192B KRW (latest available figure, as of Nov 7, 2026).
Does Cheil Electric Wiring Devices Co. Ltd. pay a dividend?
Cheil Electric Wiring Devices Co. Ltd. currently shows a dividend yield of 1.81% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Cheil Electric Wiring Devices Co. Ltd. (199820)?
Cheil Electric Wiring Devices Co. Ltd. pays a dividend of 100.00 KRW per share a year, a dividend yield of 1.8%. A dividend has been paid every year since at least 2021. The payout ratio is 34.3% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Cheil Electric Wiring Devices Co. Ltd. (199820)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cheil Electric Wiring Devices Co. Ltd. it is 3,915 KRW per share (as of Nov 7, 2026), against a price of 5,530 KRW. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Cheil Electric Wiring Devices Co. Ltd. stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 199820 trades above its calculated fair value: price 5,530 KRW, fair value 3,915 KRW, a gap of about −29% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 199820?
No. The price is what the market pays today (5,530 KRW); the fair value is what the company's own numbers justify (3,915 KRW). For Cheil Electric Wiring Devices Co. Ltd. the two are 1,615 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Cheil Electric Wiring Devices Co. Ltd. worth?
The market values Cheil Electric Wiring Devices Co. Ltd. at about 123B KRW (market capitalisation, as of Nov 7, 2026). Per share that is 5,530 KRW; our models calculate a fair value of 3,915 KRW per share.
What do the bullish and bearish scenarios say about 199820?
Our models span a range for Cheil Electric Wiring Devices Co. Ltd.: cautious scenario 2,740 KRW, base 3,915 KRW, optimistic 4,471 KRW per share (as of Nov 7, 2026, price 5,530 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 199820?
Cheil Electric Wiring Devices Co. Ltd. trades at a price-to-earnings ratio of 18.6 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 3,915 KRW is built from several models across several years. Other multiples: P/B 0.8, P/S 0.6, EV/EBITDA 8.7.
How solid is the balance sheet of Cheil Electric Wiring Devices Co. Ltd. (199820)?
Balance-sheet figures for Cheil Electric Wiring Devices Co. Ltd. (as of Nov 7, 2026): return on equity 3.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is 199820 from its 52-week high?
Cheil Electric Wiring Devices Co. Ltd. trades at 5,530 KRW, about 73% below its 52-week high of 20,700 KRW and at the low of 5,530 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 3,915 KRW is for.
Which stocks are comparable to Cheil Electric Wiring Devices Co. Ltd.?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Cheil Electric Wiring Devices Co. Ltd. stock attractive at the current price?
The data as of Nov 7, 2026: price 5,530 KRW, calculated fair value 3,915 KRW (−29%), Quality Score 41/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 199820 calculated?
We run Cheil Electric Wiring Devices Co. Ltd. through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 3,915 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Cheil Electric Wiring Devices Co. Ltd. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Cheil Electric Wiring Devices Co. Ltd. (199820)?
The closing price on Nov 6, 2026 was 5,530 KRW. Our model-based fair value is 3,915 KRW, about 29% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cheil Electric Wiring Devices Co. Ltd. right now?
The price sits above even our optimistic bull case (4,471 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.
Key figures of Cheil Electric Wiring Devices Co. Ltd.
How large is the market capitalisation of Cheil Electric Wiring Devices Co. Ltd. (199820)?
The market capitalisation of Cheil Electric Wiring Devices Co. Ltd. is 123B KRW (≈ $90.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Cheil Electric Wiring Devices Co. Ltd. (199820)?
The price-to-sales ratio of Cheil Electric Wiring Devices Co. Ltd. is 0.64 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Cheil Electric Wiring Devices Co. Ltd. (199820)?
Earnings per share at Cheil Electric Wiring Devices Co. Ltd. are 291.22 KRW (price ÷ EPS = P/E 18.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cheil Electric Wiring Devices Co. Ltd. (199820)?
The dividend yield of Cheil Electric Wiring Devices Co. Ltd. is 1.8% (payout 34.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Cheil Electric Wiring Devices Co. Ltd. (199820)?
The net margin of Cheil Electric Wiring Devices Co. Ltd. is 3.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Cheil Electric Wiring Devices Co. Ltd. (199820)?
The return on equity (ROE) of Cheil Electric Wiring Devices Co. Ltd. is 3.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Cheil Electric Wiring Devices Co. Ltd. (199820)?
On an EBIT basis the return on assets of Cheil Electric Wiring Devices Co. Ltd. is 5.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Cheil Electric Wiring Devices Co. Ltd. (199820)?
The operating margin of Cheil Electric Wiring Devices Co. Ltd. is 6.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cheil Electric Wiring Devices Co. Ltd. (199820)?
Revenue at Cheil Electric Wiring Devices Co. Ltd. is growing −8.7% versus a year earlier (3y avg +14.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Cheil Electric Wiring Devices Co. Ltd. (199820)?
Earnings per share at Cheil Electric Wiring Devices Co. Ltd. are growing −16.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Cheil Electric Wiring Devices Co. Ltd. (199820) generate?
The free cash flow of Cheil Electric Wiring Devices Co. Ltd. is −12.2B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Cheil Electric Wiring Devices Co. Ltd. (199820) carry?
The net debt of Cheil Electric Wiring Devices Co. Ltd. is 31.8B KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 7, 2026