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HD Hyundai Co (267250) Fair Value & Analysis

Energy · KR · Market cap 14.5T KRW

HH HD Hyundai Co 267250 · KO
Price219,000 KRW
Fair Value286,077 KRW
Upside+30.6%
Quality53/100
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Healthy Growth
Thin margins · 2.1% net margin
Moderate debt · generates free cash flow
2.54% dividend yield
Ranks above peers (7/10)
Moderate moat 45/100
Evidence: Medium Range 214,558 KRW – 357,597 KRW Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 21 days ago

Share price +4.0% over the past month.

A solid business, screening 31% undervalued on our models.

What matters now

  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 214,558 KRW (bear) to 357,597 KRW (bull), base 286,077 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 53/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

309,106 KRW 36,822 KRW Fair Value 286,077 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 36,822 KRW – 309,106 KRW · fair‑value band 214,558 KRW – 357,597 KRW · the 219,000 KRW price screens below the 286,077 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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Analysis

HD Hyundai Co (267250) currently trades at 219,000 KRW, while our model-based Fair Value estimate is 286,077 KRW, implying the stock looks roughly 30.6% undervalued today. We read business quality at 53/100 (solid quality), in the Energy 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, HD Hyundai Co generated revenue of 73.8T KRW at a net margin of 2.1%. Revenue grew 14.7% year over year. It earns a return on equity of 16.8%. Net debt stands at 8.2T KRW. Fundamentals as of Jul 17, 2026

Our scenario range runs from 214,558 KRW (bear case) to 357,597 KRW (bull case); at 219,000 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 34% below its 52-week high and 90% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -48% fair-value upside, at 31%, 267250 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 BearBaseBull Evidence
Highest evidence
Growth DCF 1,014,223 KRW 2,208,615 KRW 4,206,441 KRW 80
Residual Income 126,194 KRW 140,082 KRW 231,035 KRW 76
Rev-Margin DCF 836,022 KRW 1,585,502 KRW 2,635,130 KRW 74
All 24 models by family
DCF Models
FCF DCF 1,041,741 KRW 2,024,745 KRW 4,603,427 KRW 38
Owner Earnings 105,104 KRW 278,443 KRW 627,855 KRW 31
5Y Revenue Exit 836,022 KRW 1,616,822 KRW 2,728,625 KRW 39
5Y EBITDA Exit 1,029,711 KRW 2,047,782 KRW 3,400,454 KRW 41
5Y P/E Exit 400,939 KRW 648,760 KRW 930,188 KRW 38
10Y Revenue Exit 863,330 KRW 1,668,380 KRW 3,025,321 KRW 36
10Y EBITDA Exit 1,029,915 KRW 2,006,168 KRW 3,645,833 KRW 37
10Y P/E Exit 589,602 KRW 909,611 KRW 1,364,255 KRW 35
Earnings-Based
Graham-Dodd 92,635 KRW 545,587 KRW 759,710 KRW 54
Lynch FV 154,768 KRW 221,097 KRW 287,426 KRW 50
PEG = 1.0 154,768 KRW 221,097 KRW 287,426 KRW 46
EPV 725,379 KRW 862,504 KRW 984,392 KRW 59
Multiples
P/E Multiple 204,341 KRW 272,455 KRW 340,568 KRW 63
P/S Multiple 173,690 KRW 231,586 KRW 289,483 KRW 58
P/B Multiple 173,690 KRW 231,586 KRW 289,483 KRW 55
EV/EBIT 1,113,899 KRW 1,502,419 KRW 1,890,939 KRW 53
EV/EBITDA 1,073,912 KRW 1,449,103 KRW 1,824,294 KRW 54
EV/Revenue 734,013 KRW 1,070,730 KRW 1,407,447 KRW 43
Asset-Based
NCAV (Graham) 71,576 KRW 95,912 KRW 143,153 KRW 50
Growth DCF
Growth DCF 1,014,223 KRW 2,208,615 KRW 4,206,441 KRW 80
Rev-Margin DCF 836,022 KRW 1,585,502 KRW 2,635,130 KRW 74
Economic Profit
Residual Income 126,194 KRW 140,082 KRW 231,035 KRW 76
ROIC Compounder 852,947 KRW 1,185,946 KRW 1,626,215 KRW 72
Growth Earnings
Growth-Adj P/E 221,769 KRW 316,813 KRW 411,857 KRW 68

Widest divergence: DCF Models (1,616,822 KRW) versus Asset-Based (95,912 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 73.8T KRW
Revenue growth (YoY) +14.7%
Net margin 2.1%
Return on equity 16.8%
Free cash flow 5.1T KRW FY2025
Operating margin 14.5%
More key figures
Dividend yield 1.9%
EPS growth (YoY) +257%
Net debt 8.2T KRW FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 52 · Market factors (momentum, volatility) 46

Profitability 35
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 82
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

HD Hyundai Co., Ltd., through its subsidiaries, engages in oil refining business in Korea and internationally. It operates through Shipbuilding and Offshore, Oil Refining, Electrical Electronics, Construction Equipment, Ship Maintenance Service, and Others segments.

Full company description

HD Hyundai Co., Ltd., through its subsidiaries, engages in oil refining business in Korea and internationally. It operates through Shipbuilding and Offshore, Oil Refining, Electrical Electronics, Construction Equipment, Ship Maintenance Service, and Others segments. The Shipbuilding and Offshore segment builds merchant ships vessels, and industrial plants; manufactures and installs offshore oil and gas fields; manufactures, sells, and installs solar power modules, inverters, and ESS related to renewable energy; and produces ship's propulsion/generation engines and power generation facilities. The Oil Refining segment is involved in refining crude oil for gasoline and diesel. The Electrical Electronics segment manufactures and sells transformers, circuit breakers, switchboards, rotating machines, electronic control systems, and wind power generators. The Construction Equipment segment produces and supplies electronics, and construction and industrial transportation machinery. The Ship Maintenance Service segment provides technical services for ships; and fuel oil. The Others segment is involved with manufacture and sale of industrial and LCD robots. The company also involved in; plant construction; new drug research and development; manufacturing of petroleum products; ship rental service; other based chemicals manufacturing business; petrochemical basic; engine repairs; sale of electronic and electric products; electric and solar power generation business; research and development of technology; and sale of voltage switchboard, as well as in development and sale of software for maritime autonomous surface ships; navigation assistance systems; healthcare solutions; financing business; manufacturing of machinery equipment; and transformer sales. The company was formerly known as Hyundai Heavy Industries Holdings Co., Ltd. and changed its name to HD Hyundai Co., Ltd. in March 2022. The company was founded in 1972 and is headquartered in Seongnam-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HD Hyundai Co reported revenue of 71.3T KRW in FY2025 versus 28.2T KRW in FY2021, a compound +26.1%/yr. Reported net income was 963B KRW in FY2025.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
71.3T KRW
Latest YoY
+5.2%
Avg. growth/yr (3Y)
+5.4%
Avg. growth/yr (5Y)
+30.4%
Avg. growth/yr (8Y)
+22.2%
Revenue +26.1%/yr
FY21 28.2T KRW
FY22 60.8T KRW
FY23 61.3T KRW
FY24 67.8T KRW
FY25 71.3T KRW
Net income
FY21 −132B KRW
FY22 1.4T KRW
FY23 264B KRW
FY24 509B KRW
FY25 963B KRW

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Cite: Fair Value Calculator (2026). "HD Hyundai Co Fair Value". https://www.fairvalue-calculator.com/stock/267250

Peer Group

Oil & Gas Refining & Marketing · 114 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 53 · Below median
Fair Value upside +31% · Top 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 2% · Below median
Operating margin (TTM) 14% · Top 25%
Revenue growth 15% · Above median
Dividend yield (TTM) 2.5% · Above median
Debt / equity 0.99× · Higher than 75% of peers

Valuation Multiples vs Oil & Gas Refining & Marketing median · lower = cheaper

P/FCF 0.0× · Cheaper 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 74 · sector 16
FUTURE 74 · sector 15
PAST 67 · sector 32
HEALTH 51 · sector 80
DIVIDEND 51 · sector 50

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Oil & Gas Refining & Marketing stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Reliance Industries Limited RELIANCE ₹1,293 ₹835.66 -35%
Valero Energy Corporation VLO $309.65 $127.32 -59%
Marathon Petroleum Corporation MPC $283.74 $135.80 -52%
Phillips 66 PSX $196.16 $101.04 -48%
Neste Oyj NESTE €31.10 €4.07 -87%
Formosa Petrochemical Corporation 6505 81.30 TWD 16.68 TWD -79%
Indian Oil Corporation IOC ₹138.96 ₹417.35 +200%
HF Sinclair Corporation DINO $88.59 $48.90 -45%
Bharat Petroleum Corporation BPCL ₹315.55 ₹846.81 +168%
SK Innovation Co 096770 121,400 KRW 58,865 KRW -52%

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Frequently asked questions

Is HD Hyundai Co (267250) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 286,077 KRW versus a price of 219,000 KRW, about +31% (undervalued).
What is the fair value of 267250?
Our model-based fair value for HD Hyundai Co is 286,077 KRW (as of Jul 17, 2026), built from audited fundamentals. The current price is 219,000 KRW.
What is the quality score of 267250?
HD Hyundai Co has a Quality Score of 53/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of HD Hyundai Co (267250)?
HD Hyundai Co reported trailing-twelve-month revenue of about 73.8T KRW (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 267250?
The net profit margin of HD Hyundai Co is about 2.1%, meaning it keeps roughly 2.1% of revenue as net income. Based on the latest reported figures.
Does HD Hyundai Co pay a dividend?
HD Hyundai Co currently shows a dividend yield of about 1.92% relative to its recent price (as of Jul 17, 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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