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Daemyoung Energy Co (389260) Fair Value & Analysis

Utilities · KR · Market cap 258B KRW

DE Daemyoung Energy Co 389260 · KQ
Price14,620 KRW
Fair Value8,772 KRW
Upside-40.0%
Quality42/100
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Weak Growth
Thin margins · 7.4% net margin
Moderate debt · negative free cash flow
Ranks above peers (7/9)
Moderate moat 55/100
Evidence: High Range 8,289 KRW – 10,965 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 18 days ago

Share price +10.3% over the past month.

Below-average quality, and screening another 40% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (10,965 KRW). The favourable scenario is already priced in.
  • Weak quality (42/100) 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 (4 years)

35,100 KRW 9,870 KRW Fair Value 8,772 KRW May 2022 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

51‑month range 9,870 KRW – 35,100 KRW · fair‑value band 8,289 KRW – 10,965 KRW · the 14,620 KRW price screens above the 8,772 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Daemyoung Energy Co (389260) currently trades at 14,620 KRW, while our model-based Fair Value estimate is 8,772 KRW, implying the stock looks roughly 40.0% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Utilities 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, Daemyoung Energy Co generated revenue of 143B KRW at a net margin of 7.4%. Revenue grew 60.8% year over year. It earns a return on equity of 6.9%. Net debt stands at 133B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 8,289 KRW (bear case) to 10,965 KRW (bull case); at 14,620 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 51% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at -40%, 389260 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
ROIC Compounder 2,156 KRW 3,463 KRW 4,625 KRW 72
Growth-Adj P/E 9,614 KRW 13,735 KRW 17,855 KRW 68
P/E Multiple 8,289 KRW 11,052 KRW 13,815 KRW 63
All 15 models by family
DCF Models
Owner Earnings 9,740 KRW 24,521 KRW 52,943 KRW 31
Earnings-Based
Graham-Dodd 5,368 KRW 28,452 KRW 39,397 KRW 54
Lynch FV 7,836 KRW 11,194 KRW 14,553 KRW 50
PEG = 1.0 7,836 KRW 11,194 KRW 14,553 KRW 46
EPV 2,156 KRW 3,463 KRW 4,625 KRW 59
Multiples
P/E Multiple 8,289 KRW 11,052 KRW 13,815 KRW 63
P/S Multiple 6,579 KRW 8,772 KRW 10,965 KRW 58
P/B Multiple 10,065 KRW 13,421 KRW 16,776 KRW 55
EV/EBIT 1,781 KRW 4,125 KRW 6,469 KRW 53
EV/EBITDA 1,357 KRW 3,559 KRW 5,762 KRW 54
EV/Revenue 888.99 KRW 3,521 KRW 6,152 KRW 43
Asset-Based
NCAV (Graham) 4,595 KRW 6,157 KRW 9,190 KRW 50
Economic Profit
Residual Income 7,903 KRW 8,623 KRW 11,914 KRW 61
ROIC Compounder 2,156 KRW 3,463 KRW 4,625 KRW 72
Growth Earnings
Growth-Adj P/E 9,614 KRW 13,735 KRW 17,855 KRW 68

Widest divergence: DCF Models (24,521 KRW) versus Economic Profit (3,463 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 143B KRW
Revenue growth (YoY) +60.8%
Net margin 7.4%
Return on equity 6.9%
Free cash flow −3.6B KRW FY2025
Operating margin 59.1%
More key figures
EPS growth (YoY) -45.7%
Net debt 133B KRW FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 37 · Market factors (momentum, volatility) 16

Profitability 31
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 47
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

Daemyoung Energy Co.,Ltd operates as renewable energy company in South Korea. The company generates renewable energy from wind, power, ESS, hydrogen fuel cell, and virtual power plants.

Full company description

Daemyoung Energy Co.,Ltd operates as renewable energy company in South Korea. The company generates renewable energy from wind, power, ESS, hydrogen fuel cell, and virtual power plants. It operates a wind power generation permit capacity of 2,423 MW; solar power generation capacity of 97 MW; ESS capacity for time-shift of 275 MWh; and fuel cell power generation permit capacity of 50 MW. The company also provides power plant operation and maintenance, and power plant office consignment services. The company was founded in 2000 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

Daemyoung Energy Co reported revenue of 131B KRW in FY2025 versus 136B KRW in FY2021, a compound −1.0%/yr. Reported net income was 14.1B KRW in FY2025, compounding −12.1%/yr from FY2021.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
131B KRW
Latest YoY
+93.3%
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.
+14.2%
Avg. growth/yr (5Y) 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.
−4.7%
Revenue −1.0%/yr
FY21 136B KRW
FY22 88.0B KRW
FY23 61.6B KRW
FY24 67.8B KRW
FY25 131B KRW
Net income −12.1%/yr
FY21 23.7B KRW
FY22 26.1B KRW
FY23 6.1B KRW
FY24 7.8B KRW
FY25 14.1B KRW

389260 screens 40% overvalued. Compare with China Yangtze Power Co →

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Cite: Fair Value Calculator (2026). "Daemyoung Energy Co Fair Value". https://www.fairvalue-calculator.com/stock/389260

Peer Group

Utilities - Renewable · 220 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 42 · Above median
Fair Value upside −40% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 59% · Top 25%
Revenue growth 61% · Top 25%
Debt / equity 0.69× · Higher than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

EV/EBITDA 2.5× · 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 12
FUTURE 100 · sector 0
PAST 28 · sector 12
HEALTH 65 · sector 68
DIVIDEND 0 · sector 48

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 Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Daemyoung Energy Co (389260) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 8,772 KRW versus a price of 14,620 KRW, about −40% (overvalued).
What is the fair value of 389260?
Our model-based fair value for Daemyoung Energy Co is 8,772 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 14,620 KRW.
What is the quality score of 389260?
Daemyoung Energy Co has a Quality Score of 42/100. 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 Daemyoung Energy Co (389260)?
Daemyoung Energy Co reported trailing-twelve-month revenue of about 143B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 389260?
The net profit margin of Daemyoung Energy Co is about 7.4%, meaning it keeps roughly 7.4% of revenue as net income. Based on the latest reported figures.

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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