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HanWool & Jeju, Inc (276730) Fair Value & Analysis

Consumer Defensive · KR · Market cap 66.6B KRW

HJ HanWool & Jeju, Inc 276730 · KQ
Price11,470 KRW
Fair Value2,457 KRW
Upside-78.6%
Quality39/100
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Weak Growth
Loss-making · -98.8% net margin
Low debt · negative free cash flow
Trails peers (0/8)
Narrow moat 8/100
Evidence: Low Range 1,834 KRW – 3,668 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 3,068 KRW to 2,457 KRW (−19.9%) since Jul 21, 2026. Share price −38.3% over the past month.

Below-average quality, and screening another 79% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3,668 KRW). The favourable scenario is already priced in.
  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (1,834 KRW to 3,668 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

249,000 KRW 6,500 KRW Fair Value 2,457 KRW May 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 6,500 KRW – 249,000 KRW · fair‑value band 1,834 KRW – 3,668 KRW · the 11,470 KRW price screens above the 2,457 KRW fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

HanWool & Jeju, Inc (276730) currently trades at 11,470 KRW, while our model-based Fair Value estimate is 2,457 KRW, implying the stock looks roughly 78.6% overvalued today. The Quality Score stands at 39/100 (below-average quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, HanWool & Jeju, Inc generated revenue of 13.8B KRW at a net margin of -98.8%. Revenue declined 2.2% year over year. Net debt stands at 17.6B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,834 KRW (bear case) to 3,668 KRW (bull case); at 11,470 KRW, the current price sits above 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 56% below its 52-week high and 85% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -5% fair-value upside, at -79%, 276730 screens richer 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
NCAV (Graham) 2,289 KRW 3,068 KRW 4,579 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 2,289 KRW 3,068 KRW 4,579 KRW 50

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Key figures & financial health

Revenue (TTM) 13.8B KRW
Revenue growth (YoY) -2.2%
Net margin -98.8%
Return on equity -135%
Free cash flow −9.9B KRW FY2025
Operating margin -57.4%
More key figures
Net debt 17.6B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 36 · Market factors (momentum, volatility) 33

Profitability 4
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 100
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

HanWool & Jeju, Inc. engages in the manufacture of alcoholic beverages in South Korea. It offers craft beer. The company was formerly known as Jeju Beer Company, Limited and changed its name to HanWool & Jeju, Inc. in April 2025. HanWool & Jeju, Inc. was founded in 2015 and is headquartered in Jeju-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HanWool & Jeju, Inc reported revenue of 13.9B KRW in FY2025 versus 28.8B KRW in FY2021, a compound −16.7%/yr. Reported net income was −11.5B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
13.9B KRW
Latest YoY
−24.0%
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.
−16.6%
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.
−8.4%
Avg. growth/yr (6Y) 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.
+11.3%
Revenue −16.7%/yr
FY21 28.8B KRW
FY22 24.0B KRW
FY23 21.7B KRW
FY24 18.3B KRW
FY25 13.9B KRW
Net income
FY21 −8.2B KRW
FY22 −24.6B KRW
FY23 −12.6B KRW
FY24 −20.9B KRW
FY25 −11.5B KRW

276730 screens 79% overvalued. Compare with Ambev S.A →

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Cite: Fair Value Calculator (2026). "HanWool & Jeju, Inc Fair Value". https://www.fairvalue-calculator.com/stock/276730

Peer Group

Beverages - Brewers · 53 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 36 · Bottom 25%
Fair Value upside −79% · Bottom 25%
Return on assets -10% · Bottom 25%
Net margin (TTM) -99% · Bottom 25%
Operating margin (TTM) -57% · Bottom 25%
Revenue growth -2% · Below median
Debt / equity 0.22× · Higher than median

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 0 · sector 31
FUTURE 0 · sector 3
PAST 0 · sector 34
HEALTH 89 · sector 97
DIVIDEND 0 · sector 55

VALUE 0: the price sits above our fair-value range.

Values & ESG

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

Alcohol

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

Similar stocks

10 more Beverages - Brewers stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Ambev S.A ABEV 14,120 ARS 3,535 ARS -75%
Anheuser-Busch InBev SA 1ABI €68.84 €41.60 -40%
Fomento Económico Mexicano, S.A. FEMSAUBD 222.91 MXN 201.74 MXN -9%
Heineken N.V HEIA €73.90 €65.06 -12%
Constellation Brands, Inc STZ $133.98 $173.19 +29%
Carlsberg A/S CARLA kr 1,090 kr 607.30 -44%
Heineken Holding HEIO €69.70 €99.95 +43%
Tsingtao Brewery Company 600600 ¥53.45 ¥63.65 +19%
Budweiser Brewing Company 1876 HK$6.35 HK$6.05 -5%
China Resources Beer (Holdings) Company 0291 HK$22.50 HK$25.37 +13%

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Frequently asked questions

Is HanWool & Jeju, Inc (276730) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2,457 KRW versus a price of 11,470 KRW, about −79% (overvalued).
What is the fair value of 276730?
Our model-based fair value for HanWool & Jeju, Inc is 2,457 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price is 11,470 KRW.
What is the quality score of 276730?
HanWool & Jeju, Inc has a Quality Score of 39/100. 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 HanWool & Jeju, Inc (276730)?
HanWool & Jeju, Inc reported trailing-twelve-month revenue of about 13.8B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 276730?
The net profit margin of HanWool & Jeju, Inc is about -98.8%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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