Hanssem Valuation

Is A009240 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A009240 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A009240 (₩52200) is trading below our estimate of fair value (₩98579.14)

Significantly Below Fair Value: A009240 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A009240?

Key metric: As A009240 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A009240. This is calculated by dividing A009240's market cap by their current earnings.
What is A009240's PE Ratio?
PE Ratio	7.2x
Earnings	₩121.02b
Market Cap	₩868.20b

A009240 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.4x
Enterprise Value/EBITDA	7.3x
PEG Ratio	-0.2x

Price to Earnings Ratio vs Peers

How does A009240's PE Ratio compare to its peers?

The above table shows the PE ratio for A009240 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	14.5x
A003800 Ace Bed	4.4x	n/a	₩272.9b
A004590 Hankook Furniture	4.4x	n/a	₩57.4b
A192400 Cuckoo Holdings	5.8x	n/a	₩733.4b
A115390 Lock&Lock	43.6x	n/a	₩375.1b
A009240 Hanssem	7.2x	-32.2%	₩866.5b

Price-To-Earnings vs Peers: A009240 is good value based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (14.5x).

Price to Earnings Ratio vs Industry

How does A009240's PE Ratio compare vs other companies in the KR Consumer Durables Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
A069510 ESTec	2.4x	n/a	US$61.67m
A046310 BG T&A	3.3x	n/a	US$24.84m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: A009240 is good value based on its Price-To-Earnings Ratio (7.2x) compared to the Asian Consumer Durables industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is A009240's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A009240 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.2x
Fair PE Ratio	2.8x

Price-To-Earnings vs Fair Ratio: A009240 is expensive based on its Price-To-Earnings Ratio (7.2x) compared to the estimated Fair Price-To-Earnings Ratio (2.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst A009240 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	₩52,200.00	₩66,035.71 +26.5%	12.1%	₩80,000.00	₩50,000.00	n/a	14
Dec ’25	₩53,900.00	₩66,035.71 +22.5%	12.1%	₩80,000.00	₩50,000.00	n/a	14
Nov ’25	₩51,900.00	₩67,107.14 +29.3%	10.1%	₩78,000.00	₩50,000.00	n/a	14
Oct ’25	₩56,300.00	₩66,250.00 +17.7%	10.0%	₩78,000.00	₩50,000.00	n/a	14
Sep ’25	₩54,700.00	₩66,571.43 +21.7%	10.5%	₩78,000.00	₩50,000.00	n/a	14
Aug ’25	₩62,000.00	₩68,666.67 +10.8%	12.0%	₩78,000.00	₩50,000.00	n/a	12
Jul ’25	₩59,700.00	₩64,541.67 +8.1%	14.7%	₩78,000.00	₩50,000.00	n/a	12
Jun ’25	₩58,100.00	₩64,807.69 +11.5%	14.1%	₩78,000.00	₩50,000.00	n/a	13
May ’25	₩56,600.00	₩58,423.08 +3.2%	13.8%	₩75,000.00	₩50,000.00	n/a	13
Apr ’25	₩50,200.00	₩58,423.08 +16.4%	13.8%	₩75,000.00	₩50,000.00	n/a	13
Mar ’25	₩48,400.00	₩59,038.46 +22.0%	14.8%	₩80,000.00	₩50,000.00	n/a	13
Feb ’25	₩48,100.00	₩59,038.46 +22.7%	14.8%	₩80,000.00	₩50,000.00	n/a	13
Jan ’25	₩53,500.00	₩59,041.67 +10.4%	15.4%	₩80,000.00	₩50,000.00	n/a	12
Dec ’24	₩50,800.00	₩58,653.85 +15.5%	15.1%	₩80,000.00	₩50,000.00	₩53,900.00	13
Nov ’24	₩50,500.00	₩58,791.67 +16.4%	16.3%	₩80,000.00	₩48,000.00	₩51,900.00	12
Oct ’24	₩56,300.00	₩58,791.67 +4.4%	16.3%	₩80,000.00	₩48,000.00	₩56,300.00	12
Sep ’24	₩57,600.00	₩57,050.00 -1.0%	16.8%	₩80,000.00	₩48,000.00	₩54,700.00	10
Aug ’24	₩46,500.00	₩51,772.73 +11.3%	22.7%	₩80,000.00	₩37,000.00	₩62,000.00	11
Jul ’24	₩43,250.00	₩50,545.45 +16.9%	25.0%	₩80,000.00	₩30,000.00	₩59,700.00	11
Jun ’24	₩45,100.00	₩50,545.45 +12.1%	25.0%	₩80,000.00	₩30,000.00	₩58,100.00	11
May ’24	₩44,650.00	₩50,818.18 +13.8%	25.1%	₩80,000.00	₩30,000.00	₩56,600.00	11
Apr ’24	₩50,900.00	₩50,818.18 -0.2%	25.1%	₩80,000.00	₩30,000.00	₩50,200.00	11
Mar ’24	₩44,850.00	₩51,290.91 +14.4%	24.6%	₩80,000.00	₩30,000.00	₩48,400.00	11
Feb ’24	₩52,100.00	₩54,500.00 +4.6%	30.4%	₩90,000.00	₩30,000.00	₩48,100.00	12
Jan ’24	₩44,600.00	₩56,307.69 +26.3%	31.7%	₩90,000.00	₩30,000.00	₩53,500.00	13
Dec ’23	₩47,200.00	₩56,307.69 +19.3%	31.7%	₩90,000.00	₩30,000.00	₩50,800.00	13

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.