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CS BEARING Co.Ltd (297090) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of CS BEARING Co.Ltd KRW 6,061, price KRW 4,510, upside +34.4%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
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Industrials · KR

CB Some data Sep 24, 2026

CS BEARING Co.Ltd

297090 · KQ

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value 6,061 KRW · Undervalued (+34%)
!Quality 64/100
!Expensive Growth (revenue 5y +4.0 %/yr)
!Thin margins · 9.7% net margin (TTM)
✓Low debt · generates free cash flow
✓Ranks above peers (7/9)
!Moderate moat 47/100
!Evidence only medium, so the estimate is less certain
!Weak on future: 9 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

14,740 KRW 3,185 KRW Fair Value 6,061 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range 3,185 KRW – 14,740 KRW · fair‑value band 3,413 KRW – 8,732 KRW · the 4,510 KRW price screens below the 6,061 KRW fair value. Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

CS BEARING Co., Ltd. engages in the manufacture and sale of bearings in South Korea. It offers slewing ring, pitch, and yaw bearings for use in wind turbines, antennas and telescopes, excavators, man lifts, and vehicles and trailers, as well as harbour and shipyard, mobile, marine, crawler, and tower cranes.

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CS BEARING Co., Ltd. engages in the manufacture and sale of bearings in South Korea. It offers slewing ring, pitch, and yaw bearings for use in wind turbines, antennas and telescopes, excavators, man lifts, and vehicles and trailers, as well as harbour and shipyard, mobile, marine, crawler, and tower cranes. The company was founded in 2007 and is headquartered in Haman-myeon, South Korea.

Stock analysis

CS BEARING Co.Ltd (297090) currently trades at 4,510 KRW, while our model-based Fair Value estimate is 6,061 KRW, implying the stock looks roughly 25.6% undervalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of 9,794 KRW per share, and 16 of the 23 models we run sit above the 4,510 KRW price.

Bear case: the Growth DCF group reads lowest at 1,354 KRW, and 7 of the 23 models stay below the price. Evidence for this calculation is medium.

Scenario range: 3,413 KRW (bear) to 8,732 KRW (bull), the price of 4,510 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 64/100 (solid quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

CS BEARING Co.Ltd reported revenue of 126B KRW in FY2025 versus 95.6B KRW in FY2021, a compound +7.2%/yr. Reported net income was 11.2B KRW in FY2025.

Key figures

Market cap 123B KRW (≈ $90.4M) · P/S ratio 0.79 · Net margin 8.9% · Return on equity 12.2% · Return on assets (EBIT) −0.2% · Operating margin 6.3% · Revenue (TTM) 127B KRW · Revenue growth (YoY) +1.7%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).

What moves the price

The share trades about 52% below its 52-week high and 42% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −50% fair-value upside, at 34%, 297090 screens cheaper than that median.

Fair Value models

Bear 3,413 KRW Fair Value 6,061 KRW Bull 8,732 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF 1,071 KRW 1,347 KRW 1,947 KRW 81
Growth DCF 1,055 KRW 1,354 KRW 1,748 KRW 80
Owner Earnings 3,828 KRW 6,324 KRW 10,315 KRW 75
All 23 models by family
DCF Models
FCF DCF 1,071 KRW 1,347 KRW 1,947 KRW 81
Owner Earnings 3,828 KRW 6,324 KRW 10,315 KRW 75
5Y Revenue Exit 3,061 KRW 5,859 KRW 9,977 KRW 70
5Y EBITDA Exit 3,816 KRW 7,535 KRW 12,582 KRW 72
5Y P/E Exit 4,501 KRW 9,057 KRW 14,710 KRW 68
10Y Revenue Exit 2,126 KRW 4,268 KRW 8,088 KRW 63
10Y EBITDA Exit 2,670 KRW 5,364 KRW 10,091 KRW 65
10Y P/E Exit 3,071 KRW 6,359 KRW 11,728 KRW 60
Earnings-Based
Graham-Dodd 2,801 KRW 16,489 KRW 22,960 KRW 63
Lynch FV 4,677 KRW 6,681 KRW 8,686 KRW 61
PEG = 1.0 4,677 KRW 6,681 KRW 8,686 KRW 57
EPV 3,242 KRW 3,556 KRW 3,810 KRW 74
Multiples
P/E Multiple 6,488 KRW 8,650 KRW 10,813 KRW 63
P/S Multiple 5,252 KRW 7,003 KRW 8,753 KRW 58
P/B Multiple 5,252 KRW 7,003 KRW 8,753 KRW 55
EV/EBIT 5,812 KRW 7,540 KRW 9,268 KRW 66
EV/EBITDA 5,915 KRW 7,678 KRW 9,440 KRW 67
EV/Revenue 4,328 KRW 5,914 KRW 7,499 KRW 54
Asset-Based
NCAV (Graham) 1,851 KRW 2,481 KRW 3,703 KRW 54
Growth DCF
Growth DCF 1,055 KRW 1,354 KRW 1,748 KRW 80
Economic Profit
Residual Income 3,011 KRW 3,275 KRW 3,900 KRW 71
ROIC Compounder 3,242 KRW 3,556 KRW 3,950 KRW 72
Growth Earnings
Growth-Adj P/E 6,856 KRW 9,794 KRW 12,732 KRW 67

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Quality Score breakdown

Overall quality 64/100

Of which business quality 60 · Market factors (momentum, volatility) 26

Profitability 46
Margins and returns on capital today
Quality Growth 96
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 80
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 51/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+19.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+37.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.0%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+12.2%
What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+7.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.4%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 9%

Growth Forecast

A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.

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Peer Groupⓘ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.Specialty Industrial Machinery · 828 stocks

Beats the industry median on 6/8 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 64 · Top 25%
Fair Value upside +34% · Top 25%
Profitability
Return on equity (TTM) 12% · Above median
Return on assets 5% · Above median
Net margin (TTM) 10% · Above median
Operating margin (TTM) 6% · Below median
Growth and dividend
Revenue growth 2% · Below median

Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper

P/FCF 0.4× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)79 · sector 0
FUTURE (revenue growth)9 · sector 22
PAST (return on equity)49 · sector 28
HEALTH (low debt)100 · sector 96
DIVIDEND (yield)0 · sector 25

Context: sector, industry, market

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

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
GE Vernova Inc GEV $950.28 $194.25 −80%
SIE SIE €274.80 €150.21 −45%
Eaton Corporation ETN $442.49 $172.75 −61%
Parker-Hannifin Corporation PH $971.21 $418.76 −57%
Cummins Inc CMI $524.65 $359.38 −32%
Illinois Tool Works Inc ITW $273.42 $151.39 −45%
Emerson Electric Co EMR $154.59 $62.15 −60%
AMETEK, Inc AME $245.41 $125.80 −49%
Rockwell Automation, Inc ROK $432.89 $138.24 −68%
Sandvik AB SAND kr 383.50 kr 193.39 −50%

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Cite: Fair Value Calculator (2026). "CS BEARING Co.Ltd Fair Value". https://www.fairvalue-calculator.com/stock/297090

Frequently asked questions

Is CS BEARING Co.Ltd (297090) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 6,061 KRW versus a price of 4,510 KRW, about +34% upside (undervalued).
What is the fair value of 297090?
Our model-based fair value for CS BEARING Co.Ltd is 6,061 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 4,510 KRW.
What is the quality score of 297090?
CS BEARING Co.Ltd has a Quality Score of 64/100. 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 price target for CS BEARING Co.Ltd (297090)?
Our model-based price target is the fair value of 6,061 KRW (as of Sep 24, 2026) from 23 valuation models. Cautious scenario 3,413 KRW, optimistic scenario 8,732 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the CS BEARING Co.Ltd stock forecast for 2026?
Our models put fair value at 6,061 KRW, about +34% upside versus a price of 4,510 KRW (undervalued). Cautious scenario 3,413 KRW, optimistic scenario 8,732 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of CS BEARING Co.Ltd (297090)?
CS BEARING Co.Ltd reported trailing-twelve-month revenue of about 127B KRW (latest available figure, as of Sep 24, 2026).
What growth is priced into CS BEARING Co.Ltd (297090)?
For today's price to be fair in a discounted-cash-flow model, CS BEARING Co.Ltd would have to grow free cash flow by more than 80 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 297090 use?
Our models discount CS BEARING Co.Ltd at 11.6 %: a base by market capitalisation (micro), damped by beta 0.49, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For CS BEARING Co.Ltd that is more than 80 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has CS BEARING Co.Ltd (297090) delivered so far?
Over the past 5 years revenue at CS BEARING Co.Ltd grew +4.0 % a year. The price currently implies more than 80 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of CS BEARING Co.Ltd (297090) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into CS BEARING Co.Ltd (more than 80 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of CS BEARING Co.Ltd (297090)?
The free-cash-flow yield on the price is 0.20 %: that much free cash flow CS BEARING Co.Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CS BEARING Co.Ltd (297090)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CS BEARING Co.Ltd it is 6,061 KRW per share (as of Sep 24, 2026), against a price of 4,510 KRW. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is CS BEARING Co.Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 297090 trades below its calculated fair value: price 4,510 KRW, fair value 6,061 KRW, a gap of about +34% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 297090?
No. The price is what the market pays today (4,510 KRW); the fair value is what the company's own numbers justify (6,061 KRW). For CS BEARING Co.Ltd the two are 1,551 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is CS BEARING Co.Ltd worth?
The market values CS BEARING Co.Ltd at about 123B KRW (market capitalisation, as of Sep 24, 2026). Per share that is 4,510 KRW; our models calculate a fair value of 6,061 KRW per share.
What do the bullish and bearish scenarios say about 297090?
Our models span a range for CS BEARING Co.Ltd: cautious scenario 3,413 KRW, base 6,061 KRW, optimistic 8,732 KRW per share (as of Sep 24, 2026, price 4,510 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of CS BEARING Co.Ltd (297090)?
Balance-sheet figures for CS BEARING Co.Ltd (as of Sep 24, 2026): return on equity 12.2%. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is 297090 from its 52-week high?
CS BEARING Co.Ltd trades at 4,510 KRW, about 52% below its 52-week high of 9,300 KRW and 42% above the low of 3,185 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 6,061 KRW is for.
Which stocks are comparable to CS BEARING Co.Ltd?
From the same area (Industrials) we also value GE Vernova Inc, SIE, Eaton Corporation, Parker-Hannifin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is CS BEARING Co.Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 4,510 KRW, calculated fair value 6,061 KRW (+34%), Quality Score 64/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 297090 calculated?
We run CS BEARING Co.Ltd through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 6,061 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. CS BEARING Co.Ltd currently trades 34 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of CS BEARING Co.Ltd (297090)?
The closing price on Sep 23, 2026 was 4,510 KRW. Our model-based fair value is 6,061 KRW, about +34% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CS BEARING Co.Ltd right now?
Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (3,413 KRW to 8,732 KRW) leaves room in how you read the outcome.

Key figures of CS BEARING Co.Ltd

How large is the market capitalisation of CS BEARING Co.Ltd (297090)?
The market capitalisation of CS BEARING Co.Ltd is 123B KRW (≈ $90.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of CS BEARING Co.Ltd (297090)?
The price-to-sales ratio of CS BEARING Co.Ltd is 0.79 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of CS BEARING Co.Ltd (297090)?
The net margin of CS BEARING Co.Ltd is 8.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of CS BEARING Co.Ltd (297090)?
The return on equity (ROE) of CS BEARING Co.Ltd is 12.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of CS BEARING Co.Ltd (297090)?
On an EBIT basis the return on assets of CS BEARING Co.Ltd is −0.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of CS BEARING Co.Ltd (297090)?
The operating margin of CS BEARING Co.Ltd is 6.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CS BEARING Co.Ltd (297090)?
Revenue at CS BEARING Co.Ltd is growing +1.7% versus a year earlier (3y avg +37.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at CS BEARING Co.Ltd (297090)?
Earnings per share at CS BEARING Co.Ltd are growing +107% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does CS BEARING Co.Ltd (297090) carry?
The net debt of CS BEARING Co.Ltd is 2.5B KRW (fiscal year 2025, ≈ 10.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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