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HANA Micron Inc (067310) Fair Value & Analysis

Technology · KR · Market cap 2.4T KRW (≈ $1.7B) · ISIN KR7067310003

What is HANA Micron Inc really worth?

HM HANA Micron Inc 067310 · KQ
Price34,850 KRW
Fair Value16,102 KRW
Upside−53.8%
Quality39/100

Below-average quality, and trading another 116% above our fair value of 16,102 KRW.

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Strengths

Healthy Growth (revenue 5y +23.3 %/yr)
Moderate debt · generates free cash flow

Risks

!Thin margins · 4.2% net margin
!Trails peers (3/10)
!Narrow moat 35/100
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 5 out of 100

For context

·0.24% dividend yield
Evidence: Medium Range 7,259 KRW – 20,128 KRW

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from 11,501 KRW to 16,102 KRW (+40.0%) since Jul 17, 2026. Share price +9.2% 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 (20,128 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.
  • The model range is unusually wide (7,259 KRW to 20,128 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.

Price vs Fair Value (5 years)

56,800 KRW 7,635 KRW Fair Value 16,102 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 7,635 KRW – 56,800 KRW · fair‑value band 7,259 KRW – 20,128 KRW · the 34,850 KRW price screens above the 16,102 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

HANA Micron Inc (067310) currently trades at 34,850 KRW, while our model-based Fair Value estimate is 16,102 KRW, implying the stock looks roughly 116.5% overvalued today. The Quality Score stands at 39/100 (below-average quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of 18,861 KRW per share, and 4 of the 26 models we run sit above the 34,850 KRW price. Bear case: the Dividend Discount group reads lowest at 1,933 KRW, and 22 of the 26 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, HANA Micron Inc generated revenue of 873B KRW at a net margin of 4.2%. Revenue grew 24.8% year over year. Net debt stands at 979B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 7,259 KRW (bear case) to 20,128 KRW (bull case); at 34,850 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 40% below its 52-week high and 236% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −43% fair-value upside, at −54%, 067310 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
FCF DCF best evidence 4,341 KRW 17,447 KRW 77
Growth DCF 5,722 KRW 17,877 KRW 75
EPV 9,751 KRW 12,568 KRW 15,072 KRW 74
All 26 models by family
DCF Models
FCF DCF best evidence 4,341 KRW 17,447 KRW 77
Owner Earnings 4,844 KRW 18,861 KRW 48,825 KRW 66
5Y Revenue Exit 8,721 KRW 25,162 KRW 54,186 KRW 66
5Y EBITDA Exit 36,616 KRW 86,697 KRW 169,147 KRW 70
5Y P/E Exit 3,968 KRW 15,766 KRW 30,850 KRW 65
10Y Revenue Exit 5,410 KRW 22,603 KRW 47,738 KRW 60
10Y EBITDA Exit 26,051 KRW 74,822 KRW 166,012 KRW 62
10Y P/E Exit 2,749 KRW 13,705 KRW 32,420 KRW 56
Earnings-Based
Graham-Dodd 3,911 KRW 25,967 KRW 36,363 KRW 63
Lynch FV 7,584 KRW 10,834 KRW 14,085 KRW 61
PEG = 1.0 7,584 KRW 10,834 KRW 14,085 KRW 57
EPV 9,751 KRW 12,568 KRW 15,072 KRW 74
Dividend Discount
Gordon GGM 1,081 KRW 2,360 KRW 3,971 KRW 65
DDM Multi-Stage 1,081 KRW 1,933 KRW 2,460 KRW 66
Multiples
P/E Multiple 12,077 KRW 16,102 KRW 20,128 KRW 63
P/S Multiple 7,332 KRW 9,776 KRW 12,220 KRW 58
P/B Multiple 7,332 KRW 9,776 KRW 12,220 KRW 55
EV/EBIT 28,468 KRW 40,029 KRW 51,589 KRW 65
EV/EBITDA 51,950 KRW 71,338 KRW 90,726 KRW 67
EV/Revenue 11,320 KRW 18,835 KRW 26,349 KRW 52
Asset-Based
NCAV (Graham) 3,009 KRW 4,031 KRW 6,017 KRW 54
Growth DCF
Growth DCF 5,722 KRW 17,877 KRW 75
Rev-Margin DCF 8,721 KRW 25,624 KRW 50,451 KRW 67
Economic Profit
Residual Income 5,301 KRW 5,895 KRW 10,151 KRW 74
ROIC Compounder 12,653 KRW 22,591 KRW 30,353 KRW 70
Growth Earnings
Growth-Adj P/E 12,123 KRW 17,319 KRW 22,514 KRW 67

Widest divergence: DCF Models (18,861 KRW) versus Dividend Discount (1,933 KRW). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/S ratio 2.72 TTM
Dividend yield 0.2%
Net margin 2.5% FY2025
Return on equity −278% TTM
Return on assets (EBIT) 6.2% avg 5y
Operating margin 14.7% TTM
More key figures
Growth
Revenue (TTM) 873B KRW TTM
Revenue growth (YoY) +24.8% 3y avg +19.7%
Balance sheet & cash flow
Free cash flow 24.3B KRW FY2025
Net debt 979B KRW FY2025 · ≈ 40.3 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 40 · Market factors (momentum, volatility) 44

Profitability 33
Margins and returns on capital today
Quality Growth 77
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 1
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 40
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

HANA Micron Inc. provides semiconductor packaging solutions and test manufacturing services in South Korea and internationally.

Full company description

HANA Micron Inc. provides semiconductor packaging solutions and test manufacturing services in South Korea and internationally. Its packaging products include flip chip ball grid array, BGA H/S, FBGA, FBGA capillary underfill, and molded underfill products; flexible packaging solution for Silicon-based IC chips; bumping products; WLP DSPs; fingerprint sensor assemblies; SIP and EMI shields; FBGA, such as multi-chip PKG; lead frame bases, including quad flat no lead, thin small outline, thin shrink small outline, and quad flat packages; and technology products. The company also offers test services comprising RF, SOC, analog, and logic test services; and test technical support and test auto loading management system services, as well as test equipment products. In addition, it manufactures and sells silicon cathodes, ingot, and rings used in semiconductor and solar industries. The company was founded in 2001 and is headquartered in Asan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HANA Micron Inc reported revenue of 1.5T KRW in FY2025 versus 670B KRW in FY2021, a compound +23.0%/yr. Reported net income was 38.1B KRW in FY2025, compounding +10.4%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.5T KRW
Latest YoY
+22.7%
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.
+19.7%
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.
+23.3%
Avg. revenue growth/yr (17Y) 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.
+14.5%
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.
+1.6% (1.4 + 0.2)
Revenue +23.0%/yr
FY21 670B KRW
FY22 894B KRW
FY23 968B KRW
FY24 1.3T KRW
FY25 1.5T KRW
Net income +10.4%/yr
FY21 25.7B KRW
FY22 2.8B KRW
FY23 −13.5B KRW
FY24 −23.8B KRW
FY25 38.1B KRW

067310 screens 116% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "HANA Micron Inc Fair Value". https://www.fairvalue-calculator.com/stock/067310

Peer Group

Semiconductors & Semiconductor Equipment · 48 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 −54% · Below median
Return on assets 7% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 15% · Above median
Revenue growth 25% · Above median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 1.27× · Higher than 75% of peers

Valuation Multiples vs Semiconductors & Semiconductor Equipment median · lower = cheaper

P/FCF 0.1× · Pricier 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 97
PAST0 · sector 100
HEALTH36 · sector 99
DIVIDEND5 · sector 17

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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

Similar stocks

10 more Semiconductors & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
TES Co 095610 144,000 KRW 57,543 KRW −60%
Eugene Technology Co 084370 128,500 KRW 47,495 KRW −63%
TSE Co 131290 256,000 KRW 83,925 KRW −67%
ISC Co 095340 159,800 KRW 61,198 KRW −62%
PSK HOLDINGS Inc 031980 112,200 KRW 74,962 KRW −33%
Jeju Semiconductor Corp 080220 76,100 KRW 23,830 KRW −69%
Tokai Carbon Korea Co 064760 225,500 KRW 154,525 KRW −31%
RFHIC Corporation 218410 51,000 KRW 29,096 KRW −43%
S&S Tech Corporation 101490 43,250 KRW 60,781 KRW +41%
Global Standard Technology, Limited 083450 50,500 KRW 59,982 KRW +19%

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Frequently asked questions

Is HANA Micron Inc (067310) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 16,102 KRW versus a price of 34,850 KRW, about −54% upside (overvalued).
What is the fair value of 067310?
Our model-based fair value for HANA Micron Inc is 16,102 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 34,850 KRW.
What is the quality score of 067310?
HANA Micron Inc 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 HANA Micron Inc (067310)?
HANA Micron Inc reported trailing-twelve-month revenue of about 873B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 067310?
The net profit margin of HANA Micron Inc is about 4.2%, meaning it keeps roughly 4.2% of revenue as net income. Based on the latest reported figures.
Does HANA Micron Inc pay a dividend?
HANA Micron Inc currently shows a dividend yield of about 0.24% relative to its recent price (as of Aug 13, 2026).
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