Hanwha Solutions Corporation

KOSE:A009830 Stock Report

Market Cap: ₩3.0t

Hanwha Solutions Valuation

Is A009830 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A009830 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A009830 (₩17670) is trading above our estimate of fair value (₩13373.69)

Significantly Below Fair Value: A009830 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A009830?

Key metric: As A009830 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A009830. This is calculated by dividing A009830's market cap by their current revenue.
What is A009830's PS Ratio?
PS Ratio0.2x
Sales₩11.77t
Market Cap₩3.03t

Price to Sales Ratio vs Peers

How does A009830's PS Ratio compare to its peers?

The above table shows the PS ratio for A009830 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.8x
A011170 Lotte Chemical
0.1x4.2%₩2.8t
A348370 Enchem
8.4x68.0%₩2.8t
A011780 Kumho Petro ChemicalLtd
0.4x4.2%₩2.6t
A011790 SKC
2.3x30.9%₩3.6t
A009830 Hanwha Solutions
0.3x6.6%₩3.0t

Price-To-Sales vs Peers: A009830 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (2.8x).

Price to Sales Ratio vs Industry

How does A009830's PS Ratio compare vs other companies in the KR Chemicals Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
A011170 Lotte Chemical
0.1x4.2%US$2.01b
A298020 Hyosung TNC
0.1x3.9%US$635.00m
A000210 DL Holdings
0.1x0.8%US$557.22m
A012630 HDC HOLDINGSLtd
0.1xn/aUS$419.12m
A009830 0.2xIndustry Avg. 0.6xNo. of Companies25PS00.61.21.82.43+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: A009830 is good value based on its Price-To-Sales Ratio (0.3x) compared to the KR Chemicals industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is A009830's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A009830 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: A009830 is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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 A009830 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩16,960.00
₩30,217.39
+78.2%
21.9%₩43,000.00₩16,000.00n/a23
Nov ’25₩21,500.00
₩30,434.78
+41.6%
21.4%₩43,000.00₩16,000.00n/a23
Oct ’25₩25,850.00
₩34,521.74
+33.5%
15.9%₩50,000.00₩25,000.00n/a23
Sep ’25₩25,800.00
₩35,125.00
+36.1%
17.4%₩50,000.00₩25,000.00n/a24
Aug ’25₩27,000.00
₩35,791.67
+32.6%
18.1%₩50,000.00₩25,000.00n/a24
Jul ’25₩26,500.00
₩36,391.30
+37.3%
18.5%₩50,000.00₩26,000.00n/a23
Jun ’25₩31,450.00
₩36,695.65
+16.7%
21.6%₩60,000.00₩26,000.00n/a23
May ’25₩25,600.00
₩32,739.13
+27.9%
25.5%₩60,000.00₩25,000.00n/a23
Apr ’25₩29,050.00
₩37,565.22
+29.3%
20.3%₩60,000.00₩29,000.00n/a23
Mar ’25₩27,750.00
₩38,000.00
+36.9%
20.2%₩60,000.00₩29,000.00n/a22
Feb ’25₩35,000.00
₩46,942.59
+34.1%
16.6%₩69,000.00₩34,000.00n/a22
Jan ’25₩39,500.00
₩44,954.55
+13.8%
19.1%₩69,000.00₩30,000.00n/a22
Dec ’24₩31,850.00
₩44,666.67
+40.2%
19.8%₩69,000.00₩30,000.00n/a21
Nov ’24₩30,700.00
₩47,130.43
+53.5%
23.6%₩72,000.00₩30,000.00₩21,500.0023
Oct ’24₩29,750.00
₩53,090.91
+78.5%
17.1%₩72,000.00₩39,000.00₩25,850.0022
Sep ’24₩36,300.00
₩55,952.38
+54.1%
14.6%₩72,000.00₩43,000.00₩25,800.0021
Aug ’24₩39,050.00
₩57,061.94
+46.1%
14.2%₩72,000.00₩43,000.00₩27,000.0021
Jul ’24₩42,300.00
₩66,220.89
+56.6%
13.0%₩77,000.00₩47,000.00₩26,500.0021
Jun ’24₩44,600.00
₩67,379.85
+51.1%
12.9%₩80,120.18₩47,000.00₩31,450.0021
May ’24₩47,950.00
₩67,862.24
+41.5%
12.7%₩80,120.18₩47,000.00₩25,600.0022
Apr ’24₩53,700.00
₩70,302.19
+30.9%
11.6%₩85,684.08₩52,300.67₩29,050.0020
Mar ’24₩46,291.66
₩71,268.52
+54.0%
14.0%₩85,684.08₩44,511.21₩27,750.0022
Feb ’24₩51,243.53
₩70,952.99
+38.5%
14.3%₩85,684.08₩44,511.21₩35,000.0021
Jan ’24₩47,849.55
₩72,219.44
+50.9%
12.8%₩85,684.08₩44,511.21₩39,500.0020
Dec ’23₩57,308.18
₩72,219.44
+26.0%
12.8%₩85,684.08₩44,511.21₩31,850.0020
Nov ’23₩54,637.51
₩70,550.27
+29.1%
15.9%₩85,684.08₩42,285.65₩30,700.0020

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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