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APRO Co (262260) Fair Value & Analysis

Industrials · KR · Market cap 38.7B KRW

AC APRO Co 262260 · KQ
Price3,365 KRW
Fair Value5,578 KRW
Upside+65.8%
Quality37/100
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Mixed Growth
Solidly profitable · 17.3% net margin
Moderate debt · generates free cash flow
1.82% dividend yield
Trails peers (4/11)
Narrow moat 29/100
Evidence: Medium Range 1,901 KRW – 9,256 KRW Share as image

Fair value as of: Jul 22, 2026

From 9 valuation models · updated 19 days ago

Share price +10.7% over the past month.

Below-average quality, screening 66% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (37/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide (1,901 KRW to 9,256 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

22,442 KRW 2,200 KRW Fair Value 5,578 KRW Mar 2021 Aug 2026

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 2,200 KRW – 22,442 KRW · fair‑value band 1,901 KRW – 9,256 KRW · the 3,365 KRW price screens below the 5,578 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

APRO Co (262260) currently trades at 3,365 KRW, while our model-based Fair Value estimate is 5,578 KRW, implying the stock looks roughly 65.8% undervalued today. The Quality Score stands at 37/100 (below-average 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, APRO Co generated revenue of 24.3B KRW at a net margin of 17.3%. Revenue declined 35.6% year over year. It earns a return on equity of -12.1%. Net debt stands at 96.2B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,901 KRW (bear case) to 9,256 KRW (bull case); at 3,365 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 74% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at 66%, 262260 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
Growth DCF 12,257 KRW 23,665 KRW 42,904 KRW 80
Rev-Margin DCF 7,579 KRW 14,476 KRW 23,361 KRW 74
NCAV (Graham) 2,450 KRW 3,284 KRW 4,901 KRW 50
All 9 models by family
DCF Models
FCF DCF 12,353 KRW 24,720 KRW 46,109 KRW 38
5Y Revenue Exit 7,579 KRW 14,538 KRW 23,782 KRW 39
5Y EBITDA Exit 1,920 KRW 2,925 KRW 3,818 KRW 41
10Y Revenue Exit 8,770 KRW 15,907 KRW 26,470 KRW 36
10Y EBITDA Exit 5,318 KRW 7,420 KRW 9,829 KRW 37
Multiples
EV/Revenue 5,428 KRW 9,106 KRW 12,784 KRW 43
Asset-Based
NCAV (Graham) 2,450 KRW 3,284 KRW 4,901 KRW 50
Growth DCF
Growth DCF 12,257 KRW 23,665 KRW 42,904 KRW 80
Rev-Margin DCF 7,579 KRW 14,476 KRW 23,361 KRW 74

Widest divergence: DCF Models (14,538 KRW) versus Asset-Based (3,284 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 24.3B KRW
Revenue growth (YoY) -35.6%
Net margin 17.3%
Return on equity -12.1%
Free cash flow 17.4B KRW FY2025
Operating margin -2.2%
More key figures
Dividend yield 0.8%
EPS growth (YoY) -65.3%
Net debt 96.2B KRW FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 37 · Market factors (momentum, volatility) 13

Profitability 11
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 14
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 81
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

APRO Co., Ltd. manufactures and sells rechargeable li-ion battery worldwide. The company also offers power conversion products, charging systems, and energy storage systems. The company was founded in 2000 and is headquartered in Gunpo-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

APRO Co reported revenue of 147B KRW in FY2025 versus 61.5B KRW in FY2021, a compound +24.3%/yr. Reported net income was −5.4B KRW in FY2025.

Growth Quality 80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
147B KRW
Latest YoY
−26.5%
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.
+22.8%
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.
+24.6%
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.
+26.6%
Revenue +24.3%/yr
FY21 61.5B KRW
FY22 79.4B KRW
FY23 236B KRW
FY24 200B KRW
FY25 147B KRW
Net income
FY21 −1.2B KRW
FY22 −1.5B KRW
FY23 12.5B KRW
FY24 6.5B KRW
FY25 −5.4B KRW

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Cite: Fair Value Calculator (2026). "APRO Co Fair Value". https://www.fairvalue-calculator.com/stock/262260

Peer Group

Industrial Distribution · 102 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 37 · Bottom 25%
Fair Value upside +66% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) -2% · Bottom 25%
Revenue growth -36% · Bottom 25%
Dividend yield (TTM) 1.8% · Above median
Debt / equity 0.83× · Higher than 75% of peers

Valuation Multiples vs Industrial Distribution median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 22.2× · Pricier than 75% of peers

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 100 · sector 19
FUTURE 0 · sector 19
PAST 0 · sector 37
HEALTH 59 · sector 90
DIVIDEND 36 · sector 31

Insider activity: 45/100

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 Industrial Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,376 $625.61 -55%
Fastenal Company FAST $45.49 $20.64 -55%
Ferguson Enterprises Inc FERG $232.02 $151.92 -35%
WESCO International, Inc WCC $326.71 $213.01 -35%
Watsco, Inc WSO $385.16 $268.10 -30%
Toromont Industries Ltd TIH C$232.22 C$127.90 -45%
Applied Industrial Technologies, Inc AIT $329.35 $191.65 -42%
Finning International Inc FTT C$102.50 C$76.38 -25%
Addtech AB ADDTB kr 329.20 kr 156.35 -53%
Core & Main, Inc CNM $44.66 $49.47 +11%

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Frequently asked questions

Is APRO Co (262260) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 5,578 KRW versus a price of 3,365 KRW, about +66% (undervalued).
What is the fair value of 262260?
Our model-based fair value for APRO Co is 5,578 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 3,365 KRW.
What is the quality score of 262260?
APRO Co has a Quality Score of 37/100. 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 APRO Co (262260)?
APRO Co reported trailing-twelve-month revenue of about 24.3B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 262260?
The net profit margin of APRO Co is about 17.3%, meaning it keeps roughly 17.3% of revenue as net income. Based on the latest reported figures.
Does APRO Co pay a dividend?
APRO Co currently shows a dividend yield of about 0.84% relative to its recent price (as of Jul 22, 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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