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Ecopro Hn. Co (383310) Fair Value & Analysis

Industrials · KR · Market cap 513B KRW

EH Ecopro Hn. Co 383310 · KQ
Price25,900 KRW
Fair Value10,721 KRW
Upside-58.6%
Quality30/100
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Weak Growth
Thin margins · 10.0% net margin
Low debt · negative free cash flow
0.82% dividend yield
Mixed vs. peers (4/9)
Narrow moat 40/100
Evidence: Medium Range 8,041 KRW – 13,026 KRW Share as image

Fair value as of: Jul 22, 2026

From 12 valuation models · updated 18 days ago

Fair value updated Jul 22, 2026, revised from 10,737 KRW to 10,721 KRW (−0.1%) since Jul 9, 2026. Share price −7.5% over the past month.

Below-average quality, and screening another 59% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (13,026 KRW). The favourable scenario is already priced in.
  • Weak quality (30/100) 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)

156,734 KRW 20,700 KRW Fair Value 10,721 KRW May 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 20,700 KRW – 156,734 KRW · fair‑value band 8,041 KRW – 13,026 KRW · the 25,900 KRW price screens above the 10,721 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Ecopro Hn. Co (383310) currently trades at 25,900 KRW, while our model-based Fair Value estimate is 10,721 KRW, implying the stock looks roughly 58.6% overvalued today. The Quality Score stands at 30/100 (below-average 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: medium).

Over the trailing twelve months, Ecopro Hn. Co generated revenue of 141B KRW at a net margin of 10.0%. Revenue grew 0.7% year over year. It earns a return on equity of 4.7%. Net debt stands at 6.4B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 8,041 KRW (bear case) to 13,026 KRW (bull case); at 25,900 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 44% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -59%, 383310 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 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. Evidence
Highest evidence
Residual Income 11,111 KRW 11,150 KRW 10,460 KRW 76
ROIC Compounder 9,463 KRW 10,241 KRW 10,934 KRW 72
Growth-Adj P/E 7,014 KRW 10,020 KRW 13,026 KRW 68
All 12 models by family
Earnings-Based
Graham-Dodd 4,288 KRW 5,241 KRW 5,897 KRW 54
EPV 9,463 KRW 10,241 KRW 10,934 KRW 59
Multiples
P/E Multiple 9,933 KRW 13,243 KRW 16,554 KRW 63
P/S Multiple 8,041 KRW 10,721 KRW 13,401 KRW 58
P/B Multiple 8,041 KRW 10,721 KRW 13,401 KRW 55
EV/EBIT 12,172 KRW 14,546 KRW 16,919 KRW 53
EV/EBITDA 13,377 KRW 16,152 KRW 18,928 KRW 54
EV/Revenue 10,133 KRW 12,311 KRW 14,490 KRW 43
Asset-Based
NCAV (Graham) 7,267 KRW 9,738 KRW 14,535 KRW 50
Economic Profit
Residual Income 11,111 KRW 11,150 KRW 10,460 KRW 76
ROIC Compounder 9,463 KRW 10,241 KRW 10,934 KRW 72
Growth Earnings
Growth-Adj P/E 7,014 KRW 10,020 KRW 13,026 KRW 68

Widest divergence: Multiples (12,311 KRW) versus Earnings-Based (5,241 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 141B KRW
Revenue growth (YoY) +0.7%
Net margin 10.0%
Return on equity 4.7%
Free cash flow −40.3B KRW FY2025
Operating margin 14.5%
More key figures
Dividend yield 0.8%
EPS growth (YoY) +22.5%
Net debt 6.4B KRW FY2024

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

Quality Score breakdown

Overall quality 30/100

Of which business quality 34 · Market factors (momentum, volatility) 28

Profitability 27
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 40
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

Ecopro Hn. Co., Ltd. focuses on the development of air pollution control materials and parts in South Korea. The company offers air environment solutions, including clean room chemical filters and equipment fan filters; chemical materials, such as ecosorb IAC, VOCs oxidation catalyst, composite odor catalyst, PFC decomposition catalyst, CO+VOCs+O3 catalyst, …

Full company description

Ecopro Hn. Co., Ltd. focuses on the development of air pollution control materials and parts in South Korea. The company offers air environment solutions, including clean room chemical filters and equipment fan filters; chemical materials, such as ecosorb IAC, VOCs oxidation catalyst, composite odor catalyst, PFC decomposition catalyst, CO+VOCs+O3 catalyst, and SCR catalyst; greenhouse gas mitigation solutions comprising PFCs treatment technology, hybrid PFCs decomposition, and De-N2O and NOc treatment technology systems; and fine dust reduction solutions which include thermal storage combustion, catalyst combustion, concentrator and combustion, microwave VOCs removal, SCR, SNCR, MDS, adsorption, and absorption facility. It also provides water treatment, waste water treatment, and reused water treatment processes. In addition, the company is involved in research and development of absorbent and chemical filter, environment catalyst, microwave VOCs reduction systems, and batter/electronic materials. Ecopro Hn. Co., Ltd. was founded in 2021 and is based in Cheongju, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ecopro Hn. Co reported revenue of 141B KRW in FY2025 versus 90.9B KRW in FY2021, a compound +11.6%/yr. Reported net income was 13.2B KRW in FY2025, compounding +3.6%/yr from FY2021.

Growth Quality 8/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
141B KRW
Latest YoY
−39.8%
Avg. growth/yr (3Y) 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.
−13.5%
Revenue +11.6%/yr
FY21 90.9B KRW
FY22 218B KRW
FY23 229B KRW
FY24 235B KRW
FY25 141B KRW
Net income +3.6%/yr
FY21 11.5B KRW
FY22 32.4B KRW
FY23 33.5B KRW
FY24 21.5B KRW
FY25 13.2B KRW

383310 screens 59% overvalued. Compare with Veralto Corporation →

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Cite: Fair Value Calculator (2026). "Ecopro Hn. Co Fair Value". https://www.fairvalue-calculator.com/stock/383310

Peer Group

Pollution & Treatment Controls · 91 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 30 · Bottom 25%
Fair Value upside −59% · Below median
Return on equity (TTM) 5% · Above median
Return on assets 2% · Above median
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.16× · Higher 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 0
FUTURE 4 · sector 14
PAST 19 · sector 10
HEALTH 92 · sector 95
DIVIDEND 16 · sector 37

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 Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $94.21 $69.11 -27%
Zurn Elkay Water Solutions Corporation ZWS $47.63 $24.92 -48%
Canmax Technologies Co 300390 ¥57.02 ¥10.41 -82%
CECO Environmental Corp CECO $83.63 $15.19 -82%
Fujian Longking Co 600388 ¥17.58 ¥15.59 -11%
Munters Group MTRS kr 166.60 kr 16.90 -90%
China Conch Venture Holdings 0586 HK$8.83 HK$14.14 +60%
Mega Union Technology Inc 6944 1,005 TWD 539.58 TWD -46%
MayAir Technology (China) Co 688376 ¥96.57 ¥18.80 -81%
Shanghai Emperor of Cleaning Hi-Tech Co 603200 ¥38.97 ¥5.73 -85%

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Frequently asked questions

Is Ecopro Hn. Co (383310) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 10,721 KRW versus a price of 25,900 KRW, about −59% (overvalued).
What is the fair value of 383310?
Our model-based fair value for Ecopro Hn. Co is 10,721 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 25,900 KRW.
What is the quality score of 383310?
Ecopro Hn. Co has a Quality Score of 30/100. 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 Ecopro Hn. Co (383310)?
Ecopro Hn. Co reported trailing-twelve-month revenue of about 141B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 383310?
The net profit margin of Ecopro Hn. Co is about 10.0%, meaning it keeps roughly 10.0% of revenue as net income. Based on the latest reported figures.
Does Ecopro Hn. Co pay a dividend?
Ecopro Hn. Co currently shows a dividend yield of about 0.74% 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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