EN DE

Korea Aerospace Industries (047810) Fair Value & Analysis

Industrials · KR · Market cap 14.4T KRW (≈ $10.1B) · ISIN KR7047810007

What is Korea Aerospace Industries really worth?

KA Korea Aerospace Industries 047810 · KO
Price126,500 KRW
Fair Value29,307 KRW
Upside−76.8%
Quality39/100

Below-average quality, and trading another 332% above our fair value of 29,307 KRW.

Watch Korea Aerospace Industries for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Risks

!Expensive Growth (revenue 5y +5.5 %/yr)
!Thin margins · 4.8% net margin
!Moderate debt · negative free cash flow
!Trails peers (4/11)
!Narrow moat 36/100
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 8 out of 100

For context

·0.40% dividend yield
Evidence: Medium Range 16,630 KRW – 40,524 KRW

Fair value as of: Aug 23, 2026

From 16 valuation models · updated 13 days ago

Share price +2.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (40,524 KRW). The favourable scenario is already priced in.
  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (16,630 KRW to 40,524 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

201,420 KRW 26,466 KRW Fair Value 29,307 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.

How to read this chart

60‑month range 26,466 KRW – 201,420 KRW · fair‑value band 16,630 KRW – 40,524 KRW · the 126,500 KRW price screens above the 29,307 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 23, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Korea Aerospace Industries (047810) currently trades at 126,500 KRW, while our model-based Fair Value estimate is 29,307 KRW, implying the stock looks roughly 331.6% overvalued today. The Quality Score stands at 39/100 (below-average quality), in the Industrials sector. Bull case: the Growth Earnings group reads highest at a median of 33,244 KRW per share, and 0 of the 16 models we run sit above the 126,500 KRW price. Bear case: the DCF Models group reads lowest at 5,887 KRW, and 16 of the 16 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Korea Aerospace Industries generated revenue of 4.1T KRW at a net margin of 4.8%. Revenue grew 56.3% year over year. It earns a return on equity of 10.9%. Net debt stands at 2.1T KRW. Fundamentals as of Aug 23, 2026

Our scenario range runs from 16,630 KRW (bear case) to 40,524 KRW (bull case); at 126,500 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 41% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −44% fair-value upside, at −77%, 047810 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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 16,826 KRW 18,970 KRW 33,469 KRW 74
Owner Earnings 5,887 KRW 15,595 KRW 73
EPV 11,833 KRW 16,219 KRW 20,118 KRW 73
All 16 models by family
DCF Models
Owner Earnings 5,887 KRW 15,595 KRW 73
Earnings-Based
Graham-Dodd 12,968 KRW 33,004 KRW 42,920 KRW 65
PEG = 1.0 6,141 KRW 8,772 KRW 11,404 KRW 57
EPV 11,833 KRW 16,219 KRW 20,118 KRW 73
Dividend Discount
Gordon GGM 4,810 KRW 9,685 KRW 17,546 KRW 65
DDM Multi-Stage 4,810 KRW 7,468 KRW 10,476 KRW 66
Multiples
P/E Multiple 30,036 KRW 40,048 KRW 50,060 KRW 63
P/S Multiple 24,315 KRW 32,419 KRW 40,524 KRW 58
P/B Multiple 24,315 KRW 32,419 KRW 40,524 KRW 55
EV/EBIT 22,189 KRW 33,926 KRW 45,663 KRW 65
EV/EBITDA 25,009 KRW 37,686 KRW 50,363 KRW 66
EV/Revenue 12,109 KRW 22,879 KRW 33,650 KRW 52
Asset-Based
NCAV (Graham) 9,388 KRW 12,580 KRW 18,776 KRW 54
Economic Profit
Residual Income 16,826 KRW 18,970 KRW 33,469 KRW 74
ROIC Compounder 11,833 KRW 16,219 KRW 21,302 KRW 72
Growth Earnings
Growth-Adj P/E 23,271 KRW 33,244 KRW 43,217 KRW 67

Widest divergence: Growth Earnings (33,244 KRW) versus DCF Models (5,887 KRW). Highest evidence: Residual Income (74).

Notify me when 047810 reaches fair value

Put 047810 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/S ratio 3.31 TTM
Dividend yield 0.4%
Net margin 5.0% FY2025
Return on equity 10.9% TTM
Return on assets (EBIT) 2.4% avg 5y
Operating margin 6.2% TTM
More key figures
Growth
Revenue (TTM) 4.1T KRW TTM
Revenue growth (YoY) +56.3% 3y avg +9.9%
EPS growth (YoY) +39.9%
Balance sheet & cash flow
Free cash flow −1.1T KRW FY2025
Net debt 2.1T KRW FY2025

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 35 · Market factors (momentum, volatility) 42

Profitability 26
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 82
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Korea Aerospace Industries, Ltd. manufactures and sells fixed and rotary wing aircrafts, and airframe products in South Korea.

Full company description

Korea Aerospace Industries, Ltd. manufactures and sells fixed and rotary wing aircrafts, and airframe products in South Korea. The company develops supersonic jets; airfield controlled and basic trainer aircrafts; utility, police, maritime police agency, coast guard, forest, and fire-fighting helicopters; unmanned air vehicles; commercial and civil aircrafts; and aero structures. It also provides aircraft maintenance, repair, and overhaul services; aircraft training systems; and compact advanced satellite 500 and defense satellite, and multi-purpose satellites, as well as space launch vehicles. Korea Aerospace Industries, Ltd. was founded in 1999 and is headquartered in Sacheon-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Korea Aerospace Industries reported revenue of 3.7T KRW in FY2025 versus 2.6T KRW in FY2021, a compound +9.6%/yr. Reported net income was 186B KRW in FY2025, compounding +30.6%/yr from FY2021.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
3.7T KRW
Latest YoY
+1.7%
Avg. revenue 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.
+9.9%
Avg. revenue 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.
+5.5%
Avg. revenue growth/yr (14Y) 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.
+7.8%
Value creation/yr (5Y, in KRW) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+20.4% (20.0 + 0.4)
Revenue +9.6%/yr
FY21 2.6T KRW
FY22 2.8T KRW
FY23 3.8T KRW
FY24 3.6T KRW
FY25 3.7T KRW
Net income +30.6%/yr
FY21 63.9B KRW
FY22 118B KRW
FY23 224B KRW
FY24 172B KRW
FY25 186B KRW

047810 screens 332% overvalued. Compare with General Electric Company →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Korea Aerospace Industries Fair Value". https://www.fairvalue-calculator.com/stock/047810

Peer Group

Aerospace & Defense · 229 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 39 · Bottom 25%
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 11% · Above median
Return on assets 2% · Below median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth 56% · Top 25%
Dividend yield (TTM) 0.4% · Below median
Debt / equity 0.73× · Higher than 75% of peers

Valuation Multiples vs Aerospace & Defense median · lower = cheaper

EV/EBITDA 3.2× · Cheaper than 75% of peers
PEG 0.47× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 50
PAST44 · sector 38
HEALTH64 · sector 93
DIVIDEND8 · sector 16

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.

Weapons Defense

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE $335.71 $116.71 −65%
RTX Corporation RTX $212.08 $88.37 −58%
Airbus SE AIR €213.00 €117.01 −45%
Lockheed Martin Corporation LMT $565.89 $419.01 −26%
Howmet Aerospace Inc HWM $264.85 $50.43 −81%
General Dynamics Corporation GD $379.32 $274.32 −28%
Northrop Grumman Corporation NOC $545.57 $356.59 −35%
TransDigm Group TDG $1,235 $571.03 −54%
L3Harris Technologies, Inc LHX $262.82 $146.55 −44%
Thales S.A HO €243.70 €171.13 −30%

Compare Korea Aerospace Industries with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Korea Aerospace Industries (047810) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of 29,307 KRW versus a price of 126,500 KRW, about −77% upside (overvalued).
What is the fair value of 047810?
Our model-based fair value for Korea Aerospace Industries is 29,307 KRW (as of Aug 23, 2026), built from audited fundamentals. The current price: 126,500 KRW.
What is the quality score of 047810?
Korea Aerospace Industries has a Quality Score of 39/100. 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 Korea Aerospace Industries (047810)?
Korea Aerospace Industries reported trailing-twelve-month revenue of about 4.1T KRW (latest available figure, as of Aug 23, 2026).
What is the net profit margin of 047810?
The net profit margin of Korea Aerospace Industries is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does Korea Aerospace Industries pay a dividend?
Korea Aerospace Industries currently shows a dividend yield of about 0.40% relative to its recent price (as of Aug 23, 2026).
Free · no account needed

Watch Korea Aerospace Industries in the live analysis

One click puts Korea Aerospace Industries on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.