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Handok Clean Tech Co (256150) Fair Value & Analysis

Industrials · KR · Market cap 34.2B KRW

HC Handok Clean Tech Co 256150 · KQ
Price4,610 KRW
Fair Value4,952 KRW
Upside+7.4%
Quality55/100
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Expensive Growth
Thin margins · 4.2% net margin
negative free cash flow
5.52% dividend yield
Ranks above peers (7/8)
Narrow moat 28/100
Evidence: Medium Range 3,714 KRW – 6,025 KRW Share as image

Fair value as of: Jul 21, 2026

From 15 valuation models · updated 21 days ago

Share price +1.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 3,714 KRW (bear) to 6,025 KRW (bull), base 4,952 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 55/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

18,576 KRW 4,300 KRW Fair Value 4,952 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 4,300 KRW – 18,576 KRW · fair‑value band 3,714 KRW – 6,025 KRW · the 4,610 KRW price screens below the 4,952 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Handok Clean Tech Co (256150) currently trades at 4,610 KRW, while our model-based Fair Value estimate is 4,952 KRW, implying the stock looks roughly 7.4% fairly valued today. The Quality Score stands at 55/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Handok Clean Tech Co generated revenue of 72.3B KRW at a net margin of 4.2%. Revenue grew 17.5% year over year. It earns a return on equity of 5.3%. Fundamentals as of Jul 21, 2026

Our scenario range runs from 3,714 KRW (bear case) to 6,025 KRW (bull case); at 4,610 KRW, the current price sits within 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 25% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -46% fair-value upside, at 7%, 256150 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.

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
Residual Income 5,704 KRW 5,733 KRW 5,394 KRW 76
Growth-Adj P/E 3,244 KRW 4,635 KRW 6,025 KRW 68
ROIC Compounder 2,581 KRW 2,949 KRW 3,270 KRW 67
All 15 models by family
DCF Models
Owner Earnings 3,449 KRW 5,172 KRW 7,807 KRW 31
Earnings-Based
Graham-Dodd 2,405 KRW 7,546 KRW 10,044 KRW 54
Lynch FV 1,649 KRW 2,356 KRW 3,062 KRW 50
PEG = 1.0 1,649 KRW 2,356 KRW 3,062 KRW 46
EPV 2,581 KRW 2,949 KRW 3,270 KRW 59
Multiples
P/E Multiple 3,714 KRW 4,952 KRW 6,190 KRW 63
P/S Multiple 4,510 KRW 6,013 KRW 7,516 KRW 58
P/B Multiple 4,510 KRW 6,013 KRW 7,516 KRW 55
EV/EBIT 3,116 KRW 4,028 KRW 4,940 KRW 53
EV/EBITDA 3,159 KRW 4,085 KRW 5,012 KRW 54
EV/Revenue 3,699 KRW 5,123 KRW 6,546 KRW 43
Asset-Based
NCAV (Graham) 3,750 KRW 5,025 KRW 7,500 KRW 50
Economic Profit
Residual Income 5,704 KRW 5,733 KRW 5,394 KRW 76
ROIC Compounder 2,581 KRW 2,949 KRW 3,270 KRW 67
Growth Earnings
Growth-Adj P/E 3,244 KRW 4,635 KRW 6,025 KRW 68

Widest divergence: DCF Models (5,172 KRW) versus Earnings-Based (2,356 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 72.3B KRW
Revenue growth (YoY) +17.5%
Net margin 4.2%
Return on equity 5.3%
Free cash flow −484M KRW FY2025
Operating margin 4.7%
More key figures
Dividend yield 5.5%
EPS growth (YoY) +34.0%

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 54 · Market factors (momentum, volatility) 42

Profitability 39
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 14
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 88
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

Handok Clean Tech Co., Ltd. produces and sells filters for water purifiers in South Korea. It offers standard carbon block filters, refrigerator filters, and customized filters; PE sediment filters; and deodorizing filters for air purifiers. The company was founded in 1990 and is based in Daejeon, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Handok Clean Tech Co reported revenue of 69.4B KRW in FY2025 versus 52.7B KRW in FY2021, a compound +7.2%/yr. Reported net income was 2.7B KRW in FY2025, compounding −12.4%/yr from FY2021.

Growth Quality 31/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
69.4B KRW
Latest YoY
+1.8%
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.
+5.5%
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.
+2.6%
Avg. growth/yr (8Y) 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.
+12.5%
Revenue +7.2%/yr
FY21 52.7B KRW
FY22 59.1B KRW
FY23 65.1B KRW
FY24 68.2B KRW
FY25 69.4B KRW
Net income −12.4%/yr
FY21 4.6B KRW
FY22 5.1B KRW
FY23 5.3B KRW
FY24 3.6B KRW
FY25 2.7B KRW

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Cite: Fair Value Calculator (2026). "Handok Clean Tech Co Fair Value". https://www.fairvalue-calculator.com/stock/256150

Peer Group

Pollution & Treatment Controls · 91 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 55 · Above median
Fair Value upside +7% · Top 25%
Return on equity (TTM) 5% · Above median
Return on assets 3% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 18% · Above median
Dividend yield (TTM) 5.5% · Top 25%

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 43 · sector 0
FUTURE 88 · sector 14
PAST 21 · sector 10
HEALTH 0 · sector 95
DIVIDEND 100 · sector 37

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 Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $94.21 $69.11 -27%
Zurn Elkay Water Solutions Corporation ZWS $47.63 $24.92 -48%
Canmax Technologies Co 300390 ¥57.02 ¥10.41 -82%
CECO Environmental Corp CECO $83.63 $15.19 -82%
Fujian Longking Co 600388 ¥17.58 ¥15.59 -11%
Munters Group MTRS kr 166.60 kr 16.90 -90%
China Conch Venture Holdings 0586 HK$8.83 HK$14.14 +60%
Mega Union Technology Inc 6944 1,005 TWD 539.58 TWD -46%
MayAir Technology (China) Co 688376 ¥96.57 ¥18.80 -81%
Zhongyuan Environmental Protection Co 000544 ¥7.30 ¥15.46 +112%

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Frequently asked questions

Is Handok Clean Tech Co (256150) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 4,952 KRW versus a price of 4,610 KRW, about +7% (fairly valued).
What is the fair value of 256150?
Our model-based fair value for Handok Clean Tech Co is 4,952 KRW (as of Jul 21, 2026), built from audited fundamentals. The current price is 4,610 KRW.
What is the quality score of 256150?
Handok Clean Tech Co has a Quality Score of 55/100. 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 Handok Clean Tech Co (256150)?
Handok Clean Tech Co reported trailing-twelve-month revenue of about 72.3B KRW (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 256150?
The net profit margin of Handok Clean Tech Co is about 4.2%, meaning it keeps roughly 4.2% of revenue as net income. Based on the latest reported figures.
Does Handok Clean Tech Co pay a dividend?
Handok Clean Tech Co currently shows a dividend yield of about 5.29% relative to its recent price (as of Jul 21, 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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