Hyundai Energy Solutions Co Ltd (322000) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Hyundai Energy Solutions Co Ltd stock KRW 32,485, price KRW 86,600, that is 62.5% below the price, quality 69 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 18,480 KRW – 244,000 KRW · fair‑value band 25,853 KRW – 42,231 KRW · the 86,600 KRW price screens above the 32,485 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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HD Hyundai Energy Solutions Co.,Ltd. provides solar cells and modules. It offers monofacial, bifacial, and shingled PV modules; transformer-less and outdoor box inverters; and ground, floating, and agro PV solutions, as well as smart solar city.
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HD Hyundai Energy Solutions Co.,Ltd. was formerly known as Hyundai Energy Solutions Co.,Ltd and changed its name to HD Hyundai Energy Solutions Co.,Ltd. in April 2023. HD Hyundai Energy Solutions Co.,Ltd. was founded in 2004 and is based in Seongnam-si, South Korea.
HD Hyundai Energy Solutions Co.,Ltd. operates as a subsidiary of HD Korea Shipbuilding & Offshore Engineering Co., Ltd.
Stock analysis
Hyundai Energy Solutions Co Ltd (322000) currently trades at 86,600 KRW, while our model-based Fair Value estimate is 32,485 KRW, 62% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 75,741 KRW per share, and 4 of the 15 models we run sit above the 86,600 KRW price.
Bear case: the DCF Models group reads lowest at 12,133 KRW, and 11 of the 15 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 25,853 KRW (bear) to 42,231 KRW (bull), the price of 86,600 KRW sits above 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 69/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Hyundai Energy Solutions Co Ltd reported revenue of 493B KRW in FY2025 versus 593B KRW in FY2021, a compound −4.5%/yr. Reported net income was 41.7B KRW in FY2025.
Key figures
Market cap 970B KRW (≈ $711M) Small · P/E ratio 12.8 · P/S ratio 1.62 · EPS (TTM) 7,532 KRW · Net margin 14.1% · Return on equity 19.7% · Return on assets (EBIT) 5.5% (5-year average) · Operating margin 21.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 65% below its 52-week high and 73% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −62%, 322000 screens richer than that median.
Fair Value models
Bear25,853 KRWFair Value 32,485 KRWBull42,231 KRW
Price 86,600 KRW · Downside -62.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (6,439 KRW per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+16.6%
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.
−20.6%
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.
+4.5%
Start year 2020 (pandemic)
Revenue growth 9 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.
+55.5%
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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.
+22.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+22.9%
Dividend (yield on the price)0.0%
Profit margin 2019 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.5% → 8%
Compare Hyundai Energy Solutions Co Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Solar · 97 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside−62.5% · Bottom 25%
Profitability
Return on equity (12 months)19.7% · Top 25%
Return on assets7.9% · Top 25%
Net margin (12 months)14.1% · Top 25%
Operating margin (12 months)21.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)23.4% · Above median
Balance sheet
Debt / equity0.04× · Lowest 25%
Valuation Multiplesvs Solar median · lower = cheaper
P/E (12 months)12.8× · Cheaper than median
P/B2.32× · Pricier than median
P/S (12 months)1.62× · Pricier than median
EV/EBITDA8.8× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 4
FUTURE (revenue growth)100· sector 7
PAST (return on equity)79· sector 0
HEALTH (low debt)98· sector 82
DIVIDEND (yield)0· sector 26
VALUE 0: the price sits above our fair-value range.
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). "Hyundai Energy Solutions Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/322000
Frequently asked questions
Is Hyundai Energy Solutions Co Ltd (322000) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 32,485 KRW versus a price of 86,600 KRW, about 62% lower (overvalued).
What is the fair value of 322000?
Our model-based fair value for Hyundai Energy Solutions Co Ltd is 32,485 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 86,600 KRW.
What is the quality score of 322000?
Hyundai Energy Solutions Co Ltd has a Quality Score of 69/100. 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 Hyundai Energy Solutions Co Ltd (322000)?
Our model-based price target is the fair value of 32,485 KRW (as of Nov 7, 2026) from 15 valuation models. Cautious scenario 25,853 KRW, optimistic scenario 42,231 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Hyundai Energy Solutions Co Ltd stock forecast for 2026?
Our models put fair value at 32,485 KRW, about 62% lower versus a price of 86,600 KRW (overvalued). Cautious scenario 25,853 KRW, optimistic scenario 42,231 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Hyundai Energy Solutions Co Ltd (322000)?
Hyundai Energy Solutions Co Ltd reported trailing-twelve-month revenue of about 599B KRW (latest available figure, as of Nov 7, 2026).
What is the intrinsic value of Hyundai Energy Solutions Co Ltd (322000)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hyundai Energy Solutions Co Ltd it is 32,485 KRW per share (as of Nov 7, 2026), against a price of 86,600 KRW. It is the blended result of 15 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Hyundai Energy Solutions Co Ltd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 322000 trades above its calculated fair value: price 86,600 KRW, fair value 32,485 KRW, a gap of about −62% (overvalued). 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 322000?
No. The price is what the market pays today (86,600 KRW); the fair value is what the company's own numbers justify (32,485 KRW). For Hyundai Energy Solutions Co Ltd the two are 54,115 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Hyundai Energy Solutions Co Ltd worth?
The market values Hyundai Energy Solutions Co Ltd at about 970B KRW (market capitalisation, as of Nov 7, 2026). Per share that is 86,600 KRW; our models calculate a fair value of 32,485 KRW per share.
What do the bullish and bearish scenarios say about 322000?
Our models span a range for Hyundai Energy Solutions Co Ltd: cautious scenario 25,853 KRW, base 32,485 KRW, optimistic 42,231 KRW per share (as of Nov 7, 2026, price 86,600 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 322000?
Hyundai Energy Solutions Co Ltd trades at a price-to-earnings ratio of 12.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 32,485 KRW is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2019 to 2025), reported earnings: 14.7. Other multiples: P/B 2.3, P/S 1.6, EV/EBITDA 8.8.
How solid is the balance sheet of Hyundai Energy Solutions Co Ltd (322000)?
Balance-sheet figures for Hyundai Energy Solutions Co Ltd (as of Nov 7, 2026): return on equity 19.7%, debt of 0.04 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 322000 from its 52-week high?
Hyundai Energy Solutions Co Ltd trades at 86,600 KRW, about 65% below its 52-week high of 244,000 KRW and 73% above the low of 50,200 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 32,485 KRW is for.
Which stocks are comparable to Hyundai Energy Solutions Co Ltd?
From the same area (Technology) we also value First Solar, Inc, Nextpower Inc, Tongwei Co, Waaree Energies Limited, 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 Hyundai Energy Solutions Co Ltd stock attractive at the current price?
The data as of Nov 7, 2026: price 86,600 KRW, calculated fair value 32,485 KRW (−62%), Quality Score 69/100, from 15 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 322000 calculated?
We run Hyundai Energy Solutions Co Ltd through 15 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 32,485 KRW builds on their evidence-weighted average, 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. Hyundai Energy Solutions Co Ltd itself currently trades above fair value. 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 Hyundai Energy Solutions Co Ltd (322000)?
The closing price on Nov 6, 2026 was 86,600 KRW. Our model-based fair value is 32,485 KRW, about 62% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hyundai Energy Solutions Co Ltd right now?
The price sits above even our optimistic bull case (42,231 KRW). The favourable scenario is already priced in. Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Hyundai Energy Solutions Co Ltd
How large is the market capitalisation of Hyundai Energy Solutions Co Ltd (322000)?
The market capitalisation of Hyundai Energy Solutions Co Ltd is 970B KRW (≈ $711M). 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 Hyundai Energy Solutions Co Ltd (322000)?
The price-to-sales ratio of Hyundai Energy Solutions Co Ltd is 1.62 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hyundai Energy Solutions Co Ltd (322000)?
Earnings per share at Hyundai Energy Solutions Co Ltd are 7,532 KRW (price ÷ EPS = P/E 12.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Hyundai Energy Solutions Co Ltd (322000)?
The net margin of Hyundai Energy Solutions Co Ltd is 14.1% (last twelve months). 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 Hyundai Energy Solutions Co Ltd (322000)?
The return on equity (ROE) of Hyundai Energy Solutions Co Ltd is 19.7% (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 Hyundai Energy Solutions Co Ltd (322000)?
On an EBIT basis the return on assets of Hyundai Energy Solutions Co Ltd is 5.5% (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 Hyundai Energy Solutions Co Ltd (322000)?
The operating margin of Hyundai Energy Solutions Co Ltd is 21.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hyundai Energy Solutions Co Ltd (322000)?
Revenue at Hyundai Energy Solutions Co Ltd is growing +23.4% versus a year earlier (3y avg −20.6%). 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 Hyundai Energy Solutions Co Ltd (322000)?
Earnings per share at Hyundai Energy Solutions Co Ltd are growing +170% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hyundai Energy Solutions Co Ltd (322000) generate?
The free cash flow of Hyundai Energy Solutions Co Ltd is −866M KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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Nov 7, 2026