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LOTTE REIT Co (330590) Fair Value & Analysis

Real Estate · KR · Market cap 1.0T KRW

LR LOTTE REIT Co 330590 · KO
Price3,740 KRW
Fair Value2,713 KRW
Upside-27.5%
Quality55/100
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Healthy Growth
Thin margins · 0.0% net margin
Moderate debt · generates free cash flow
6.91% dividend yield
Mixed vs. peers (5/11)
Narrow moat 41/100
Evidence: High Range 881.42 KRW – 2,713 KRW Share as image

Fair value as of: Jul 24, 2026

From 14 valuation models · updated 17 days ago

Share price +3.2% over the past month.

A solid business, but screening 27% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,713 KRW). The favourable scenario is already priced in.
  • The model range is unusually wide (881.42 KRW to 2,713 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

4,845 KRW 2,399 KRW Fair Value 2,713 KRW Mar 2021 Aug 2026

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

How to read this chart

60‑month range 2,399 KRW – 4,845 KRW · fair‑value band 881.42 KRW – 2,713 KRW · the 3,740 KRW price screens above the 2,713 KRW fair value. Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

LOTTE REIT Co (330590) currently trades at 3,740 KRW, while our model-based Fair Value estimate is 2,713 KRW, implying the stock looks roughly 27.5% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Real Estate 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).

Net debt stands at 1.3T KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 881.42 KRW (bear case) to 2,713 KRW (bull case); at 3,740 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 24% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -53% fair-value upside, at -27%, 330590 screens cheaper 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 1,337 KRW 4,822 KRW 12,169 KRW 80
Residual Income 2,816 KRW 2,713 KRW 2,161 KRW 76
Gordon GGM 1,125 KRW 2,457 KRW 4,134 KRW 70
All 14 models by family
DCF Models
FCF DCF 1,564 KRW 3,987 KRW 11,909 KRW 38
5Y Revenue Exit 840.15 KRW 3,334 KRW 39
5Y EBITDA Exit 881.42 KRW 3,356 KRW 8,209 KRW 41
10Y Revenue Exit 159.35 KRW 2,566 KRW 3,890 KRW 36
10Y EBITDA Exit 1,145 KRW 5,308 KRW 12,505 KRW 37
Dividend Discount
Gordon GGM 1,125 KRW 2,457 KRW 4,134 KRW 70
DDM Multi-Stage 1,125 KRW 2,013 KRW 2,561 KRW 61
Multiples
P/S Multiple 866.01 KRW 1,155 KRW 1,443 KRW 58
P/B Multiple 866.01 KRW 1,155 KRW 1,443 KRW 55
EV/EBIT 249.29 KRW 1,130 KRW 2,010 KRW 53
EV/EBITDA 506.12 KRW 1,472 KRW 2,438 KRW 54
Asset-Based
NCAV (Graham) 1,972 KRW 2,642 KRW 3,943 KRW 50
Growth DCF
Growth DCF 1,337 KRW 4,822 KRW 12,169 KRW 80
Economic Profit
Residual Income 2,816 KRW 2,713 KRW 2,161 KRW 76

Widest divergence: Growth DCF (4,822 KRW) versus Multiples (1,155 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Free cash flow 64.0B KRW FY2025
Dividend yield 6.9%
Net debt 1.3T KRW FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 56 · Market factors (momentum, volatility) 40

Profitability 30
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 50
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

LOTTE REIT Co., Ltd. offers real estate development services. The company was incorporated in 2019 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LOTTE REIT Co reported revenue of 70.9B KRW in FY2025 versus 57.5B KRW in FY2021, a compound +5.4%/yr. Reported net income was 19.6B KRW in FY2025, compounding +0.8%/yr from FY2021.

Growth Quality 76/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
70.9B KRW
Latest YoY
+1.3%
Avg. growth/yr (3Y)
+6.5%
Avg. growth/yr (5Y)
+7.8%
Avg. growth/yr (7Y)
+66.4%
Revenue +5.4%/yr
FY21 57.5B KRW
FY22 58.7B KRW
FY23 60.0B KRW
FY24 70.0B KRW
FY25 70.9B KRW
Net income +0.8%/yr
FY21 19.0B KRW
FY22 5.9B KRW
FY23 5.8B KRW
FY24 16.5B KRW
FY25 19.6B KRW

330590 screens 27% overvalued. Compare with Simon Property Group →

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Cite: Fair Value Calculator (2026). "LOTTE REIT Co Fair Value". https://www.fairvalue-calculator.com/stock/330590

Peer Group

REIT - Retail · 107 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 56 · Above median
Fair Value upside −28% · Below median
Return on assets 0% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 6.9% · Top 25%
Debt / equity 0.62× · Lower than median

Valuation Multiples vs REIT - Retail median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 12.5× · Cheaper than median

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 9
FUTURE 0 · sector 22
PAST 0 · sector 30
HEALTH 69 · sector 66
DIVIDEND 100 · sector 100

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 REIT - Retail stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

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Frequently asked questions

Is LOTTE REIT Co (330590) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 2,713 KRW versus a price of 3,740 KRW, about −27% (overvalued).
What is the fair value of 330590?
Our model-based fair value for LOTTE REIT Co is 2,713 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 3,740 KRW.
What is the quality score of 330590?
LOTTE REIT Co has a Quality Score of 55/100. 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 net profit margin of 330590?
The net profit margin of LOTTE REIT Co is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does LOTTE REIT Co pay a dividend?
LOTTE REIT Co currently shows a dividend yield of about 6.51% relative to its recent price (as of Jul 24, 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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