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Hvm, Co (295310) Fair Value & Analysis

Basic Materials · KR · Market cap 497B KRW

HC Hvm, Co 295310 · KQ
Price50,200 KRW
Fair Value13,829 KRW
Upside-72.5%
Quality47/100
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Expensive Growth
Highly profitable · 20.1% net margin
Low debt · negative free cash flow
Ranks above peers (7/9)
Moderate moat 59/100
Evidence: Medium Range 10,372 KRW – 17,287 KRW Share as image

Fair value as of: Jul 22, 2026

From 14 valuation models · updated 18 days ago

Fair value updated Jul 22, 2026, revised from 13,975 KRW to 13,829 KRW (−1.0%) since Jul 7, 2026. Share price +9.2% over the past month.

Below-average quality, and screening another 72% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (17,287 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (2 years)

133,000 KRW 10,910 KRW Fair Value 13,829 KRW Jun 2024 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

25‑month range 10,910 KRW – 133,000 KRW · fair‑value band 10,372 KRW – 17,287 KRW · the 50,200 KRW price screens above the 13,829 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.

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Analysis

Hvm, Co (295310) currently trades at 50,200 KRW, while our model-based Fair Value estimate is 13,829 KRW, implying the stock looks roughly 72.5% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Basic Materials 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: medium).

Over the trailing twelve months, Hvm, Co generated revenue of 76.8B KRW at a net margin of 20.1%. Revenue grew 79.4% year over year. It earns a return on equity of 19.0%. Net debt stands at 33.9B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 10,372 KRW (bear case) to 17,287 KRW (bull case); at 50,200 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 65% below its 52-week high and 129% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -72%, 295310 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 BearBaseBull Evidence
Highest evidence
ROIC Compounder 2,572 KRW 3,249 KRW 3,850 KRW 72
Growth-Adj P/E 22,403 KRW 32,005 KRW 41,606 KRW 68
P/E Multiple 15,728 KRW 20,971 KRW 26,214 KRW 63
All 14 models by family
Earnings-Based
Graham-Dodd 7,130 KRW 49,725 KRW 69,782 KRW 54
Lynch FV 17,586 KRW 25,123 KRW 32,661 KRW 50
PEG = 1.0 17,586 KRW 25,123 KRW 32,661 KRW 46
EPV 2,572 KRW 3,249 KRW 3,850 KRW 59
Multiples
P/E Multiple 15,728 KRW 20,971 KRW 26,214 KRW 63
P/S Multiple 10,372 KRW 13,829 KRW 17,287 KRW 58
P/B Multiple 13,369 KRW 17,826 KRW 22,282 KRW 55
EV/EBIT 5,290 KRW 7,474 KRW 9,658 KRW 53
EV/EBITDA 6,977 KRW 9,723 KRW 12,469 KRW 54
EV/Revenue 3,154 KRW 5,047 KRW 6,940 KRW 43
Asset-Based
NCAV (Graham) 3,746 KRW 5,020 KRW 7,492 KRW 50
Economic Profit
Residual Income 7,421 KRW 9,700 KRW 27,131 KRW 61
ROIC Compounder 2,572 KRW 3,249 KRW 3,850 KRW 72
Growth Earnings
Growth-Adj P/E 22,403 KRW 32,005 KRW 41,606 KRW 68

Widest divergence: Growth Earnings (32,005 KRW) versus Economic Profit (3,249 KRW). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Revenue (TTM) 76.8B KRW
Revenue growth (YoY) +79.4%
Net margin 20.1%
Return on equity 19.0%
Free cash flow −30.3B KRW FY2025
Operating margin 19.0%
More key figures
EPS growth (YoY) +485%
Net debt 33.9B KRW FY2025

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

Quality Score breakdown

Overall quality 47/100

Of which business quality 45 · Market factors (momentum, volatility) 36

Profitability 44
Margins and returns on capital today
Quality Growth 88
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 17
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 62
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

Hvm, Co.,Ltd. produces and sells special metals in Korea. The company offers special nickel alloy for use in parts of aircraft, turbines for power generation, ultra corrosive bolts and piping, and high-voltage transmission lines; stainless steel products for use in power generation turbine components, automobile gear, ship shafts, petrochemical device …

Full company description

Hvm, Co.,Ltd. produces and sells special metals in Korea. The company offers special nickel alloy for use in parts of aircraft, turbines for power generation, ultra corrosive bolts and piping, and high-voltage transmission lines; stainless steel products for use in power generation turbine components, automobile gear, ship shafts, petrochemical device components, and others; and titanium alloys for use in power generation turbine components, guided weapon system components, aircraft propulsion/power engine and airframe components, implants, and electronic devices. It also provides copper alloys for use in electrical and electronic components; sputtering targets for use in high hardness coating, semiconductor superconductivity, solar cells, liquid crystal displays, electronic control devices, and others; and advanced materials, such as flexible hum metals, metal powders for 3D printers, and metal materials for secondary batteries. The company was formerly known as Hankook Vacuum Metallurgy Corp. Hvm, Co.,Ltd. was founded in 2013 and is based in Anyang-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hvm, Co reported revenue of 66.5B KRW in FY2025 versus 27.1B KRW in FY2021, a compound +25.2%/yr. Reported net income was 12.6B KRW in FY2025, compounding +65.8%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
66.5B KRW
Latest YoY
+47.4%
Avg. growth/yr (3Y)
+23.3%
Revenue +25.2%/yr
FY21 27.1B KRW
FY22 35.5B KRW
FY23 41.5B KRW
FY24 45.1B KRW
FY25 66.5B KRW
Net income +65.8%/yr
FY21 1.7B KRW
FY22 −426M KRW
FY23 −6.1B KRW
FY24 −8.4B KRW
FY25 12.6B KRW

295310 screens 72% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Hvm, Co Fair Value". https://www.fairvalue-calculator.com/stock/295310

Peer Group

Other Industrial Metals & Mining · 476 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 47 · Above median
Fair Value upside −73% · Bottom 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 4% · Top 25%
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 79% · Top 25%
Debt / equity 0.38× · Higher than median

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

EV/EBITDA 1.1× · 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 0 · sector 0
FUTURE 100 · sector 23
PAST 76 · sector 0
HEALTH 81 · sector 96
DIVIDEND 0 · sector 21

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.

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 Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.19 $9.14 -36%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%

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Frequently asked questions

Is Hvm, Co (295310) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 13,829 KRW versus a price of 50,200 KRW, about −72% (overvalued).
What is the fair value of 295310?
Our model-based fair value for Hvm, Co is 13,829 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 50,200 KRW.
What is the quality score of 295310?
Hvm, Co has a Quality Score of 47/100. 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 Hvm, Co (295310)?
Hvm, Co reported trailing-twelve-month revenue of about 76.8B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 295310?
The net profit margin of Hvm, Co is about 20.1%, meaning it keeps roughly 20.1% of revenue as net income. 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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