Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) fair value: what the stock is really worth
As of Oct 7, 2026: fair value of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 KRW 2,742, price KRW 6,160, upside -55.5%, quality 26 out of 100. Calculated from audited financials with 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, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 3,920 KRW – 17,700 KRW · fair‑value band 2,046 KRW – 4,092 KRW · the 6,160 KRW price screens above the 2,742 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Doosan Fuel Cell Co., Ltd. develops and distributes power generation fuel cells in South Korea. The company supplies fuel cell to produce stationery fuel cells. It also offers 400 NG, a fuel cell which supplies natural gas. In addition, the company provides M400, hydrogen energy solution provider. Doosan Fuel Cell Co., Ltd.
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Doosan Fuel Cell Co., Ltd. develops and distributes power generation fuel cells in South Korea. The company supplies fuel cell to produce stationery fuel cells. It also offers 400 NG, a fuel cell which supplies natural gas. In addition, the company provides M400, hydrogen energy solution provider. Doosan Fuel Cell Co., Ltd. was incorporated in 2019 and is headquartered in Iksan-si, South Korea.
Stock analysis
Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) currently trades at 6,160 KRW, while our model-based Fair Value estimate is 2,742 KRW, 55.5% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: 2,046 KRW (bear) to 4,092 KRW (bull), the price of 6,160 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 26/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Doosan Fuel Cell Co. Ltd. Pfd. Series 1 reported revenue of 455B KRW in FY2025 versus 381B KRW in FY2021, a compound +4.5%/yr. Reported net income was −133B KRW in FY2025.
Key figures
Market cap 490B KRW (≈ $367M) · P/S ratio 1.18 · Net margin −29.2% · Return on equity −48.1% · Return on assets (EBIT) −1.0% · Operating margin −115% · Revenue (TTM) 416B KRW · Revenue growth (YoY) −65.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 51% below its 52-week high and 57% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −55%, 33626K screens richer than that median.
Fair Value models
Bear 2,046 KRWFair Value 2,742 KRWBull 4,092 KRW
Price 6,160 KRW · Upside -55.5%
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. 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.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.
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.4/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+10.4%
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.
+13.4%
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.
−0.3%
Start year 2020 (pandemic)
Revenue growth 6 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.
+12.8%
’19
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Profit margin (trend) ⓘ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.
5.6% (2020) → −23.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Doosan Fuel Cell Co. Ltd. Pfd. Series 1 with another stock
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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.Electrical Equipment & Parts · 549 stocks
Beats the industry median on 0/7 measures
Overall it trails its industry peers.
Valuation
Quality Score26 · Bottom 25%
Fair Value upside−55.5% · Below median
Profitability
Return on assets−7.0% · Bottom 25%
Net margin (TTM)−45.4% · Bottom 25%
Operating margin (TTM)−115.0% · Bottom 25%
Growth and dividend
Revenue growth−65.5% · Bottom 25%
Balance sheet
Debt / equity0.75× · Highest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 57
PAST (return on equity)0· sector 27
HEALTH (low debt)63· sector 97
DIVIDEND (yield)0· sector 22
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). "Doosan Fuel Cell Co. Ltd. Pfd. Series 1 Fair Value". https://www.fairvalue-calculator.com/stock/33626K
Frequently asked questions
Is Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 2,742 KRW versus a price of 6,160 KRW, about −55% upside (overvalued).
What is the fair value of 33626K?
Our model-based fair value for Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is 2,742 KRW (as of Oct 2, 2026), built from audited fundamentals. The current price: 6,160 KRW.
What is the quality score of 33626K?
Doosan Fuel Cell Co. Ltd. Pfd. Series 1 has a Quality Score of 26/100. 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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
Our model-based price target is the fair value of 2,742 KRW (as of Oct 2, 2026) from 1 valuation models. Cautious scenario 2,046 KRW, optimistic scenario 4,092 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Doosan Fuel Cell Co. Ltd. Pfd. Series 1 stock forecast for 2026?
Our models put fair value at 2,742 KRW, about −55% upside versus a price of 6,160 KRW (overvalued). Cautious scenario 2,046 KRW, optimistic scenario 4,092 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
Doosan Fuel Cell Co. Ltd. Pfd. Series 1 reported trailing-twelve-month revenue of about 416B KRW (latest available figure, as of Oct 2, 2026).
What is the intrinsic value of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Doosan Fuel Cell Co. Ltd. Pfd. Series 1 it is 2,742 KRW per share (as of Oct 2, 2026), against a price of 6,160 KRW. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Doosan Fuel Cell Co. Ltd. Pfd. Series 1 stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 33626K trades above its calculated fair value: price 6,160 KRW, fair value 2,742 KRW, a gap of about −55% (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 33626K?
No. The price is what the market pays today (6,160 KRW); the fair value is what the company's own numbers justify (2,742 KRW). For Doosan Fuel Cell Co. Ltd. Pfd. Series 1 the two are 3,418 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Doosan Fuel Cell Co. Ltd. Pfd. Series 1 worth?
The market values Doosan Fuel Cell Co. Ltd. Pfd. Series 1 at about 490B KRW (market capitalisation, as of Oct 2, 2026). Per share that is 6,160 KRW; our models calculate a fair value of 2,742 KRW per share.
What do the bullish and bearish scenarios say about 33626K?
Our models span a range for Doosan Fuel Cell Co. Ltd. Pfd. Series 1: cautious scenario 2,046 KRW, base 2,742 KRW, optimistic 4,092 KRW per share (as of Oct 2, 2026, price 6,160 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
Balance-sheet figures for Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (as of Oct 2, 2026): return on equity −48.1%, debt of 0.75 per unit of equity. They feed the Quality Score of 26/100, which measures business quality independently of the share price.
How far is 33626K from its 52-week high?
Doosan Fuel Cell Co. Ltd. Pfd. Series 1 trades at 6,160 KRW, about 51% below its 52-week high of 12,580 KRW and 57% above the low of 3,920 KRW (as of Oct 7, 2026). Distance from the high says nothing about value: that is what the fair value of 2,742 KRW is for.
Which stocks are comparable to Doosan Fuel Cell Co. Ltd. Pfd. Series 1?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, LG Energy Solution, Ltd, 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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 stock attractive at the current price?
The data as of Oct 2, 2026: price 6,160 KRW, calculated fair value 2,742 KRW (−55%), Quality Score 26/100, from 1 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 33626K calculated?
We run Doosan Fuel Cell Co. Ltd. Pfd. Series 1 through 1 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 2,742 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 15.3 % above its aggregate fair value. Doosan Fuel Cell Co. Ltd. Pfd. Series 1 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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
The closing price on Oct 7, 2026 was 6,160 KRW. Our model-based fair value is 2,742 KRW, about −55% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Doosan Fuel Cell Co. Ltd. Pfd. Series 1 right now?
The price sits above even our optimistic bull case (4,092 KRW). The favourable scenario is already priced in. Weak quality (26/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (2,046 KRW to 4,092 KRW) leaves room in how you read the outcome.
Key figures of Doosan Fuel Cell Co. Ltd. Pfd. Series 1
How large is the market capitalisation of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
The market capitalisation of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is 490B KRW (≈ $367M). 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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
The price-to-sales ratio of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is 1.18 (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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
The net margin of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is −29.2% (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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
The return on equity (ROE) of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is −48.1% (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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
On an EBIT basis the return on assets of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is −1.0% (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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
The operating margin of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is −115% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
Revenue at Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is growing −65.5% versus a year earlier (3y avg +13.4%). 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 Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K)?
Earnings per share at Doosan Fuel Cell Co. Ltd. Pfd. Series 1 are growing −5.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) generate?
The free cash flow of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is −163B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Doosan Fuel Cell Co. Ltd. Pfd. Series 1 (33626K) carry?
The net debt of Doosan Fuel Cell Co. Ltd. Pfd. Series 1 is 476B KRW (fiscal year 2025). 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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