EN DE

Hyosung Heavy Industries Corporation (298040) Fair Value & Analysis

Industrials · KR · Market cap 26.0T KRW

HH Hyosung Heavy Industries Corporation 298040 · KO
Price2,708,000 KRW
Fair Value1,065,378 KRW
Upside-60.7%
Quality54/100
Watch Hyosung Heavy Industries Corporation for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 8.1% net margin
Low debt · generates free cash flow
0.27% dividend yield
Ranks above peers (7/10)
Moderate moat 56/100
Evidence: High Range 549,097 KRW – 1,347,446 KRW Share as image

Fair value as of: Jul 18, 2026

From 26 valuation models · updated 20 days ago

Fair value updated Jul 18, 2026, revised from 315,201 KRW to 1,065,378 KRW (+238.0%) since Jul 7, 2026. Share price −6.7% over the past month.

A solid business, but screening 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1,347,446 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (549,097 KRW to 1,347,446 KRW) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

4,601,000 KRW 43,845 KRW Fair Value 1,065,378 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 43,845 KRW – 4,601,000 KRW · fair‑value band 549,097 KRW – 1,347,446 KRW · the 2,708,000 KRW price screens above the 1,065,378 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Hyosung Heavy Industries Corporation (298040) currently trades at 2,708,000 KRW, while our model-based Fair Value estimate is 1,065,378 KRW, implying the stock looks roughly 60.7% overvalued today. We read business quality at 54/100 (solid quality), in the Industrials 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: high).

Over the trailing twelve months, Hyosung Heavy Industries Corporation generated revenue of 6.3T KRW at a net margin of 8.1%. Revenue grew 26.2% year over year. It earns a return on equity of 21.1%. Net debt stands at 586B KRW. Fundamentals as of Jul 18, 2026

Our scenario range runs from 549,097 KRW (bear case) to 1,347,446 KRW (bull case); at 2,708,000 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. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -61%, 298040 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
Growth DCF 459,293 KRW 910,262 KRW 1,766,869 KRW 80
Residual Income 401,346 KRW 570,415 KRW 3,745,801 KRW 76
Rev-Margin DCF 624,413 KRW 1,221,231 KRW 2,037,073 KRW 74
All 26 models by family
DCF Models
FCF DCF 468,437 KRW 945,924 KRW 1,965,880 KRW 38
Owner Earnings 646,059 KRW 1,335,115 KRW 2,680,793 KRW 31
5Y Revenue Exit 624,413 KRW 1,250,775 KRW 2,145,025 KRW 39
5Y EBITDA Exit 684,642 KRW 1,381,636 KRW 2,300,358 KRW 41
5Y P/E Exit 678,804 KRW 1,368,952 KRW 2,200,787 KRW 38
10Y Revenue Exit 547,414 KRW 1,147,663 KRW 2,159,346 KRW 36
10Y EBITDA Exit 616,150 KRW 1,248,797 KRW 2,299,443 KRW 37
10Y P/E Exit 612,103 KRW 1,238,994 KRW 2,209,638 KRW 35
Earnings-Based
Graham-Dodd 379,658 KRW 2,085,390 KRW 2,893,273 KRW 54
Lynch FV 580,374 KRW 829,106 KRW 1,077,838 KRW 50
PEG = 1.0 580,374 KRW 829,106 KRW 1,077,838 KRW 46
EPV 671,432 KRW 794,614 KRW 904,108 KRW 59
Dividend Discount
Gordon GGM 48,095 KRW 105,000 KRW 176,667 KRW 70
DDM Multi-Stage 48,095 KRW 86,012 KRW 109,427 KRW 61
Multiples
P/E Multiple 837,481 KRW 1,116,641 KRW 1,395,802 KRW 63
P/S Multiple 711,859 KRW 949,145 KRW 1,186,431 KRW 58
P/B Multiple 568,249 KRW 757,666 KRW 947,082 KRW 55
EV/EBIT 1,020,447 KRW 1,369,462 KRW 1,718,477 KRW 53
EV/EBITDA 819,607 KRW 1,101,675 KRW 1,383,743 KRW 54
EV/Revenue 679,188 KRW 981,667 KRW 1,284,147 KRW 43
Asset-Based
NCAV (Graham) 126,278 KRW 169,212 KRW 252,555 KRW 50
Growth DCF
Growth DCF 459,293 KRW 910,262 KRW 1,766,869 KRW 80
Rev-Margin DCF 624,413 KRW 1,221,231 KRW 2,037,073 KRW 74
Economic Profit
Residual Income 401,346 KRW 570,415 KRW 3,745,801 KRW 76
ROIC Compounder 795,812 KRW 1,117,992 KRW 1,549,011 KRW 72
Growth Earnings
Growth-Adj P/E 823,389 KRW 1,176,270 KRW 1,529,151 KRW 68

Widest divergence: DCF Models (1,248,797 KRW) versus Dividend Discount (86,012 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 6.3T KRW
Revenue growth (YoY) +26.2%
Net margin 8.1%
Return on equity 21.1%
Free cash flow 314B KRW FY2025
Operating margin 9.9%
More key figures
Dividend yield 0.2%
EPS growth (YoY) -14.6%
Net debt 586B KRW FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 56 · Market factors (momentum, volatility) 46

Profitability 53
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 39
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 62
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

Hyosung Heavy Industries Corporation manufactures and sells heavy electrical equipment in South Korea. The company offers transmission and distribution products, such as power, oil-immersed distribution, cast-resin, and special transformers; shunt reactors, high voltage switchgears, medium/ low voltage switchgears, and high voltage direct current …

Full company description

Hyosung Heavy Industries Corporation manufactures and sells heavy electrical equipment in South Korea. The company offers transmission and distribution products, such as power, oil-immersed distribution, cast-resin, and special transformers; shunt reactors, high voltage switchgears, medium/ low voltage switchgears, and high voltage direct current transmission systems; STATCOM, a power electronic based device to enhance the power system stability and quality; and turnkey solutions. It also provides system and engineering solutions, including condition monitoring systems; asset health management, power system maintenance, power automation, and process automation solutions; and renewable energy products comprising energy storage systems, solar inverters, and wind turbines, as well as engineering, procurement, and construction services for solar energy projects. In addition, the company offers high and low voltage motors, DC motors, general industrial and special-purpose motors, commercial generators, and emergency power generators; chemical equipment, filling stations, and industrial gas supplying systems; gear boxes, motors, and special gear units; and ARC, resistance, and special spot welding machines. Further, it undertakes various construction projects, including housing, redevelopment and reconstruction, business and commercial facilities, civil engineering and environment, and SOC. Additionally, the company provides power conditioning systems and power management systems. It also exports its products to North and Central America, Europe, Asia, and internationally. Hyosung Heavy Industries Corporation was founded in 1962 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 Heavy Industries Corporation reported revenue of 6.0T KRW in FY2025 versus 3.1T KRW in FY2021, a compound +17.8%/yr. Reported net income was 520B KRW in FY2025, compounding +73.3%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
6.0T KRW
Latest YoY
+21.9%
Avg. growth/yr (3Y)
+19.4%
Avg. growth/yr (5Y)
+14.9%
Avg. growth/yr (7Y)
+15.5%
Revenue +17.8%/yr
FY21 3.1T KRW
FY22 3.5T KRW
FY23 4.3T KRW
FY24 4.9T KRW
FY25 6.0T KRW
Net income +73.3%/yr
FY21 57.6B KRW
FY22 10.2B KRW
FY23 116B KRW
FY24 223B KRW
FY25 520B KRW

298040 screens 61% overvalued. Compare with Contemporary Amperex Technology Co →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Hyosung Heavy Industries Corporation Fair Value". https://www.fairvalue-calculator.com/stock/298040

Peer Group

Electrical Equipment & Parts · 519 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 54 · Above median
Fair Value upside −61% · Below median
Return on equity (TTM) 21% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 26% · Above median
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/FCF 0.1× · 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 57
PAST 84 · sector 27
HEALTH 90 · sector 97
DIVIDEND 5 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 12.39 SGD 1.48 SGD -88%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

Compare Hyosung Heavy Industries Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Hyosung Heavy Industries Corporation (298040) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 1,065,378 KRW versus a price of 2,708,000 KRW, about −61% (overvalued).
What is the fair value of 298040?
Our model-based fair value for Hyosung Heavy Industries Corporation is 1,065,378 KRW (as of Jul 18, 2026), built from audited fundamentals. The current price is 2,708,000 KRW.
What is the quality score of 298040?
Hyosung Heavy Industries Corporation has a Quality Score of 54/100. 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 Hyosung Heavy Industries Corporation (298040)?
Hyosung Heavy Industries Corporation reported trailing-twelve-month revenue of about 6.3T KRW (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 298040?
The net profit margin of Hyosung Heavy Industries Corporation is about 8.1%, meaning it keeps roughly 8.1% of revenue as net income. Based on the latest reported figures.
Does Hyosung Heavy Industries Corporation pay a dividend?
Hyosung Heavy Industries Corporation currently shows a dividend yield of about 0.22% relative to its recent price (as of Jul 18, 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.

14 days Pro free · no card

Track Hyosung Heavy Industries Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.