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Hyosung TNC Corporation (298020) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 1.4T KRW

HT Hyosung TNC Corporation 298020 · KO
Price339,000 KRW
Fair Value55,436 KRW
Upside-83.7%
Quality40/100
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Expensive Growth
Thin margins · 0.4% net margin
Moderate debt · negative free cash flow
3.39% dividend yield
Mixed vs. peers (4/10)
Narrow moat 25/100
Evidence: Medium Range 41,577 KRW – 69,295 KRW Share as image

Fair value as of: Jul 22, 2026

From 13 valuation models · updated 18 days ago

Share price +26.5% over the past month.

Below-average quality, and screening another 84% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (69,295 KRW). The favourable scenario is already priced in.
  • Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

737,717 KRW 177,607 KRW Fair Value 55,436 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 177,607 KRW – 737,717 KRW · fair‑value band 41,577 KRW – 69,295 KRW · the 339,000 KRW price screens above the 55,436 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Hyosung TNC Corporation (298020) currently trades at 339,000 KRW, while our model-based Fair Value estimate is 55,436 KRW, implying the stock looks roughly 83.7% overvalued today. The Quality Score stands at 40/100 (below-average quality), in the Consumer Cyclical 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, Hyosung TNC Corporation generated revenue of 7.8T KRW at a net margin of 0.4%. Revenue grew 7.2% year over year. It earns a return on equity of 3.4%. Net debt stands at 2.1T KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 41,577 KRW (bear case) to 69,295 KRW (bull case); at 339,000 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 39% below its 52-week high and 78% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at -84%, 298020 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
Residual Income 250,586 KRW 232,095 KRW 169,146 KRW 76
ROIC Compounder 315,055 KRW 423,642 KRW 564,188 KRW 72
Growth-Adj P/E 30,960 KRW 44,228 KRW 57,497 KRW 68
All 13 models by family
Earnings-Based
Graham-Dodd 17,135 KRW 38,386 KRW 49,072 KRW 54
PEG = 1.0 6,244 KRW 8,920 KRW 11,596 KRW 46
EPV 315,055 KRW 408,125 KRW 490,854 KRW 59
Multiples
P/E Multiple 41,577 KRW 55,436 KRW 69,295 KRW 63
P/S Multiple 32,127 KRW 42,837 KRW 53,546 KRW 58
P/B Multiple 32,127 KRW 42,837 KRW 53,546 KRW 55
EV/EBIT 578,754 KRW 842,454 KRW 1,106,153 KRW 53
EV/EBITDA 960,143 KRW 1,350,972 KRW 1,741,801 KRW 54
EV/Revenue 320,915 KRW 549,454 KRW 777,994 KRW 43
Asset-Based
NCAV (Graham) 182,306 KRW 244,290 KRW 364,612 KRW 50
Economic Profit
Residual Income 250,586 KRW 232,095 KRW 169,146 KRW 76
ROIC Compounder 315,055 KRW 423,642 KRW 564,188 KRW 72
Growth Earnings
Growth-Adj P/E 30,960 KRW 44,228 KRW 57,497 KRW 68

Widest divergence: Asset-Based (244,290 KRW) versus Earnings-Based (38,386 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 7.8T KRW
Revenue growth (YoY) +7.2%
Net margin 0.4%
Return on equity 3.4%
Free cash flow −6.9B KRW FY2025
Operating margin 4.1%
More key figures
Dividend yield 3.4%
EPS growth (YoY) +90.7%
Net debt 2.1T KRW FY2025

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

Quality Score breakdown

Overall quality 40/100

Of which business quality 40 · Market factors (momentum, volatility) 31

Profitability 34
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 37
Earnings quality: real cash, not paper profit
Fin. Strength 24
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 14
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 85
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

Hyosung TNC Corporation manufactures and sells fiber in South Korea and internationally. It offers spandex, nylon, and polyester. The company also provides general apparel, workwear, and industrial fabrics; and dyed products comprising nylon fabrics, polyester fabrics, nylon/polyester stretch fabrics, and cotton-blend fabrics.

Full company description

Hyosung TNC Corporation manufactures and sells fiber in South Korea and internationally. It offers spandex, nylon, and polyester. The company also provides general apparel, workwear, and industrial fabrics; and dyed products comprising nylon fabrics, polyester fabrics, nylon/polyester stretch fabrics, and cotton-blend fabrics. In addition, it offers marketing services in the trading sector with steel and chemicals, markets. Further, the company operates Sevit Island, a floating structure built on a floating body on top of the water. Hyosung TNC Corporation was founded in 1957 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hyosung TNC Corporation reported revenue of 7.7T KRW in FY2025 versus 8.6T KRW in FY2021, a compound −2.7%/yr. Reported net income was 10.8B KRW in FY2025, compounding −65.6%/yr from FY2021.

Growth Quality 39/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
7.7T KRW
Latest YoY
−1.0%
Avg. growth/yr (3Y)
−4.7%
Avg. growth/yr (5Y)
+8.3%
Avg. growth/yr (7Y)
+12.6%
Revenue −2.7%/yr
FY21 8.6T KRW
FY22 8.9T KRW
FY23 7.5T KRW
FY24 7.8T KRW
FY25 7.7T KRW
Net income −65.6%/yr
FY21 770B KRW
FY22 11.6B KRW
FY23 93.2B KRW
FY24 135B KRW
FY25 10.8B KRW

298020 screens 84% overvalued. Compare with Shenzhou International Group →

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Cite: Fair Value Calculator (2026). "Hyosung TNC Corporation Fair Value". https://www.fairvalue-calculator.com/stock/298020

Peer Group

Textile Manufacturing · 309 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 40 · Bottom 25%
Fair Value upside −84% · Bottom 25%
Return on equity (TTM) 3% · Below median
Return on assets 3% · Above median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 7% · Above median
Dividend yield (TTM) 3.4% · Above median
Debt / equity 0.63× · Higher than 75% of peers

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

EV/EBITDA 1.6× · 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 11
FUTURE 36 · sector 0
PAST 13 · sector 14
HEALTH 68 · sector 95
DIVIDEND 68 · sector 34

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

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
HMT (Xiamen) New Technical Materials Co 603306 ¥91.75 ¥12.85 -86%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Shandong Fiberglass Group 605006 ¥16.75 ¥6.42 -62%

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Frequently asked questions

Is Hyosung TNC Corporation (298020) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 55,436 KRW versus a price of 339,000 KRW, about −84% (overvalued).
What is the fair value of 298020?
Our model-based fair value for Hyosung TNC Corporation is 55,436 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 339,000 KRW.
What is the quality score of 298020?
Hyosung TNC Corporation has a Quality Score of 40/100. 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 Hyosung TNC Corporation (298020)?
Hyosung TNC Corporation reported trailing-twelve-month revenue of about 7.8T KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 298020?
The net profit margin of Hyosung TNC Corporation is about 0.4%, meaning it keeps roughly 0.4% of revenue as net income. Based on the latest reported figures.
Does Hyosung TNC Corporation pay a dividend?
Hyosung TNC Corporation currently shows a dividend yield of about 3.11% 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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