mPLUS Corp (259630) Fair Value & Analysis
Industrials · KR · Market cap 111B KRW
Fair value as of: Jul 22, 2026
From 24 valuation models · updated 19 days ago
Fair value updated Jul 22, 2026, revised from 18,100 KRW to 18,050 KRW (−0.3%) since Jul 7, 2026. Share price +3.1% over the past month.
A strong business, screening 75% undervalued on our models.
What matters now
- The rarer combination: high quality (80/100) AND below fair value. That earns a closer look rather than a quick verdict.
- The price is below even our cautious bear case (12,873 KRW). The market is more pessimistic than our downside scenario.
- The model range is unusually wide (12,873 KRW to 72,199 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.
How to read this chart
60‑month range 6,896 KRW – 27,305 KRW · fair‑value band 12,873 KRW – 72,199 KRW · the 10,340 KRW price screens below the 18,050 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.
Analysis
mPLUS Corp (259630) currently trades at 10,340 KRW, while our model-based Fair Value estimate is 18,050 KRW, implying the stock looks roughly 74.6% undervalued today. The Quality Score stands at 80/100 (high 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: high), always confirm before acting.
Over the trailing twelve months, mPLUS Corp generated revenue of 212B KRW at a net margin of 13.6%. Revenue grew 119.6% year over year. It earns a return on equity of 29.0%. Net debt stands at 31.5B KRW. Fundamentals as of Jul 22, 2026
Our scenario range runs from 12,873 KRW (bear case) to 72,199 KRW (bull case); at 10,340 KRW, the current price sits below 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 49% below its 52-week high and 36% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 75%, 259630 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 24 models by family
Widest divergence: DCF Models (69,599 KRW) versus Asset-Based (5,759 KRW). Highest evidence: Growth DCF (80).
Notify me when 259630 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 77 · 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
mPLUS Corp. manufactures and sells secondary battery manufacturing equipment in South Korea, China, Asia, the Americas, Europe, and internationally. The company offers notching, stacking, tab welding, packaging, and degassing equipment, as well as swaging and E/L filling equipment.
Full company description
mPLUS Corp. manufactures and sells secondary battery manufacturing equipment in South Korea, China, Asia, the Americas, Europe, and internationally. The company offers notching, stacking, tab welding, packaging, and degassing equipment, as well as swaging and E/L filling equipment. It also provides fuel cell battery manufacturing equipment; and EV rechargeable battery production and equipment technology. The company was founded in 2003 and is headquartered in Cheongju, South Korea.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
mPLUS Corp reported revenue of 184B KRW in FY2025 versus 76.5B KRW in FY2021, a compound +24.6%/yr. Reported net income was 20.6B KRW in FY2025.
Watch 259630: get an alert when its fair value changes →
Peer Group
Electrical Equipment & Parts · 526 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 Electrical Equipment & 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.
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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Contemporary Amperex Technology Co 3750 | HK$675.50 | HK$391.44 | -42% |
| ABB Ltd ABBN | CHF 83.82 | CHF 35.46 | -58% |
| Delta Electronics (Thailand) Public Company TDED | 10.16 SGD | 1.47 SGD | -86% |
| LG Energy Solution, Ltd 373220 | 334,000 KRW | 201,455 KRW | -40% |
| WEG S.A WEGE3 | 13,210 ARS | 7,948 ARS | -40% |
| Sungrow Power Supply Co 300274 | ¥114.79 | ¥123.83 | +8% |
| Shenzhen Inovance Technology Co 300124 | ¥63.43 | ¥33.04 | -48% |
| HD Hyundai Electric Co 267260 | 823,000 KRW | 371,133 KRW | -55% |
| LS ELECTRIC Co 010120 | 190,000 KRW | 31,517 KRW | -83% |
| Sieyuan Electric Co 002028 | ¥151.73 | ¥71.69 | -53% |
Compare mPLUS Corp with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is mPLUS Corp (259630) overvalued or undervalued?
What is the fair value of 259630?
What is the quality score of 259630?
What is the revenue of mPLUS Corp (259630)?
What is the net profit margin of 259630?
Does mPLUS Corp pay a dividend?
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.
Track mPLUS Corp and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.