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STOCK COMPARISON

HMM Co vs Adani Ports and Special Economic Zone: Fair Value & Quality

Both stocks run through our valuation models. Here is how HMM Co (011200) and Adani Ports and Special Economic Zone (ADANIPORTS) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees Adani Ports and Special Economic Zone as the less overvalued of the two: HMM Co trades at KRW 21,050 versus a fair value of KRW 11,828 (-44%), while Adani Ports and Special Economic Zone trades at ₹1,707 versus ₹1,041 (-39%).
HMM Co
011200.KO · KRW · Industrials
-44%
upside to fair value
overvalued
PriceKRW 21,050
Fair ValueKRW 11,828
Quality43/100
Adani Ports and Special Economic Zone
ADANIPORTS.NSE · INR · Industrials
-39%
upside to fair value
overvalued
Price₹1,707
Fair Value₹1,041
Quality50/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

HMM CoAdani Ports and Special Economic Zone
Valuation
P/E (TTM)29.3×
P/S (TTM)10.87×
P/B4.38×
EV/EBITDA20.6×
−43.8%Fair value upside−39.0%
3.3%Dividend yield0.4%
KRW 700Dividend per share₹7.50
Profitability
10%Operating margin41%
0.88×EBIT margin trend (5Y)24.83×
5%Return on equity16%
2%Return on assets7%
Growth
-5%Revenue growth (YoY)27%
-16.3%Avg. growth/yr (3Y)22.9%
11.2%Avg. growth/yr (5Y)25.3%
−15.5%Value creation/yr+13.8%
Balance & size
7.0×Interest coverage (EBIT/interest)4.5×
0.01×Debt / equity0.53×
$13BMarket cap$45B
weakGrowth qualityexpensive

Adani Ports and Special Economic Zone leads: 3 to 8 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

HMM Coof which business quality 47 · market factors 45 Adani Ports and Special Economic Zoneof which business quality 49 · market factors 68
ProfitabilityMargins and returns on capital today
36
46
Quality GrowthAre margins and returns improving?
28
52
CashflowEarnings quality: real cash, not paper profit
70
51
Fin. StrengthBalance sheet, leverage, solvency risk
76
61
InvestmentDisciplined investing over empire-building
48
5
Low VolatilityCalm price path (market factor)
59
85
MomentumPrice trend over the last 3–12 months (market factor)
40
56
52W MomentumDistance to the 52-week high (market factor)
38
68
Net IssuanceBuybacks instead of dilution
5
70

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyHMM CoPrice KRW 21,050Adani Ports and Special Economic ZonePrice ₹1,707
DCF Models+71%above the priceKRW 35,986-49%below the price₹870
Earnings-Based-28%below the priceKRW 15,259-22%below the price₹1,332
Dividend Discount-50%below the priceKRW 10,570-93%below the price₹127
Multiples+47%above the priceKRW 30,990-40%below the price₹1,021
Asset-Based-10%close to the priceKRW 18,873-84%below the price₹280
Growth DCF+46%above the priceKRW 30,692-84%below the price₹265
Economic Profit+2%close to the priceKRW 21,399-59%below the price₹702
Growth Earnings+74%above the priceKRW 36,609+1%close to the price₹1,730
Minimum-50%below the priceKRW 10,570-93%below the price₹127
Maximum+74%above the priceKRW 36,609+1%close to the price₹1,730
Median+24%above the priceKRW 26,045-54%below the price₹786
Geometric mean+10%close to the priceKRW 23,119-66%below the price₹584

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

HMM Co: 7 of 26 models see the stock below the current price.

Adani Ports and Special Economic Zone: 24 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

HMM Co
Bear KRW 8,293Fair Value KRW 11,828Bull KRW 14,785
KRW 21,050 = current price (white tick)
Adani Ports and Special Economic Zone
Bear ₹396Fair Value ₹1,041Bull ₹1,360
₹1,707 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

HMM Co · Industrials

Quality score43 · below median
Fair value upside-44% · below median

Adani Ports and Special Economic Zone · Industrials

Quality score50 · below median
Fair value upside-39% · below median

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees Adani Ports and Special Economic Zone as the less overvalued of the two: HMM Co trades at KRW 21,050 versus a fair value of KRW 11,828 (-44%), while Adani Ports and Special Economic Zone trades at ₹1,707 versus ₹1,041 (-39%).

Adani Ports and Special Economic Zone has the higher quality score (50/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.