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Hyundai Electric & Energy Systems Co Ltd (267260) Fair Value & Analysis

Industrials · KR · Market cap 28.4T KRW (≈ $19.9B) · ISIN KR7267260008

What is Hyundai Electric & Energy Systems Co Ltd really worth?

HE Hyundai Electric & Energy Systems Co Ltd 267260 · KO
Price714,000 KRW
Fair Value371,133 KRW
Upside−48.0%
Quality73/100

A solid business, but trading 92% above our fair value of 371,133 KRW.

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Strengths

Healthy Growth (revenue 5y +17.6 %/yr)
Solidly profitable · 19.2% net margin
Low debt · generates free cash flow
Ranks above peers (8/10)
Wide moat 82/100

Risks

!Evidence only medium, so the estimate is less certain
!Weak on future: 11 out of 100
!Weak on dividend: 24 out of 100

For context

·1.18% dividend yield
Evidence: Medium Range 274,603 KRW – 694,863 KRW

Fair value as of: Aug 19, 2026

From 24 valuation models · updated 16 days ago

Share price +6.1% over the past month.

What runs behind every stock

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

What matters now

  • A high-quality business (quality 73/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (694,863 KRW). The favourable scenario is already priced in.
  • A fairly wide model range (274,603 KRW to 694,863 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

1,418,645 KRW 15,148 KRW Fair Value 371,133 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range 15,148 KRW – 1,418,645 KRW · fair‑value band 274,603 KRW – 694,863 KRW · the 714,000 KRW price screens above the 371,133 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 19, 2026.

Full chart & analysis →

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Analysis

Hyundai Electric & Energy Systems Co Ltd (267260) currently trades at 714,000 KRW, while our model-based Fair Value estimate is 371,133 KRW, implying the stock looks roughly 92.4% overvalued today. The Quality Score stands at 73/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of 599,249 KRW per share, and 1 of the 24 models we run sit above the 714,000 KRW price. Bear case: the Asset-Based group reads lowest at 37,765 KRW, and 23 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Hyundai Electric & Energy Systems Co Ltd generated revenue of 4.1T KRW at a net margin of 19.2%. Revenue grew 2.2% year over year. It earns a return on equity of 43.8%. Net debt stands at 539B KRW. Fundamentals as of Aug 19, 2026

Our scenario range runs from 274,603 KRW (bear case) to 694,863 KRW (bull case); at 714,000 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 29% below its 52-week high and 82% 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 −48%, 267260 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 347,524 KRW 599,249 KRW 1,312,266 KRW 75
EPV 273,994 KRW 317,914 KRW 356,954 KRW 74
Growth DCF 335,313 KRW 674,417 KRW 1,335,634 KRW 74
All 24 models by family
DCF Models
FCF DCF 347,524 KRW 599,249 KRW 1,312,266 KRW 75
Owner Earnings 278,676 KRW 600,106 KRW 1,287,238 KRW 71
5Y Revenue Exit 221,985 KRW 373,997 KRW 632,752 KRW 70
5Y EBITDA Exit 318,737 KRW 587,428 KRW 1,021,812 KRW 72
5Y P/E Exit 340,690 KRW 666,615 KRW 1,078,627 KRW 68
10Y Revenue Exit 251,873 KRW 440,370 KRW 687,562 KRW 65
10Y EBITDA Exit 326,881 KRW 621,489 KRW 1,141,942 KRW 65
10Y P/E Exit 342,551 KRW 662,586 KRW 1,196,823 KRW 61
Earnings-Based
Graham-Dodd 138,409 KRW 919,072 KRW 1,287,050 KRW 63
Lynch FV 268,432 KRW 383,475 KRW 498,517 KRW 61
PEG = 1.0 268,432 KRW 383,475 KRW 498,517 KRW 57
EPV 273,994 KRW 317,914 KRW 356,954 KRW 74
Multiples
P/E Multiple 320,580 KRW 427,440 KRW 534,300 KRW 63
P/S Multiple 170,014 KRW 226,685 KRW 283,356 KRW 58
P/B Multiple 190,236 KRW 253,648 KRW 317,060 KRW 55
EV/EBIT 377,694 KRW 495,221 KRW 612,748 KRW 66
EV/EBITDA 314,704 KRW 411,234 KRW 507,763 KRW 67
EV/Revenue 167,925 KRW 229,130 KRW 290,335 KRW 54
Asset-Based
NCAV (Graham) 28,183 KRW 37,765 KRW 56,366 KRW 54
Growth DCF
Growth DCF 335,313 KRW 674,417 KRW 1,335,634 KRW 74
Rev-Margin DCF 221,985 KRW 384,155 KRW 620,832 KRW 71
Economic Profit
Residual Income 162,002 KRW 234,270 KRW 2,609,674 KRW 64
ROIC Compounder 301,717 KRW 386,287 KRW 490,289 KRW 72
Growth Earnings
Growth-Adj P/E 374,157 KRW 534,510 KRW 694,863 KRW 67

Widest divergence: DCF Models (599,249 KRW) versus Asset-Based (37,765 KRW). Highest evidence: FCF DCF (75).

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Key figures & financial health

P/S ratio 8.39 TTM
Dividend yield 1.2%
Net margin 18.0% FY2025
Return on equity 43.8% TTM
Return on assets (EBIT) 11.1% avg 5y
Operating margin 24.9% TTM
More key figures
Growth
Revenue (TTM) 4.1T KRW TTM
Revenue growth (YoY) +2.2% 3y avg +24.7%
EPS growth (YoY) +35.0%
Balance sheet & cash flow
Free cash flow 718B KRW FY2025
Net debt 539B KRW FY2023 · ≈ 0.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 72 · Market factors (momentum, volatility) 37

Profitability 76
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 26
Disciplined investing over empire-building
Low Volatility 30
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 57
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

HD Hyundai Electric Co., Ltd. manufactures and sells electrical equipment in South Korea, North America, rest of Asia, the Middle East, Europe, and internationally. The company offers power and distribution transformers, gas insulated and MV/LV switchgears, high-voltage and low-voltage motors, generator, and MV/LV circuit breakers.

Full company description

HD Hyundai Electric Co., Ltd. manufactures and sells electrical equipment in South Korea, North America, rest of Asia, the Middle East, Europe, and internationally. The company offers power and distribution transformers, gas insulated and MV/LV switchgears, high-voltage and low-voltage motors, generator, and MV/LV circuit breakers. It also provides marine solutions, such as marine switchgears, distribution transformers, and rotating machines; battery energy storage system; greentric products comprising SF6-Free GIS, natural ester/synthetic oil-immersed power transformer, engine mounted generators, permanent magnet shaft generators, IE4LV motors, and dry air eco switchgears under the GREENTRIC brand. In addition, the company operates industrial IoT-based application platform; and provides energy solution, and assets management solution. The company was formerly known as Hyundai Electric & Energy Systems Co., Ltd. and changed its name to HD Hyundai Electric Co., Ltd. in March 2023. HD Hyundai Electric Co., Ltd. was founded in 1977 and is headquartered in Seongnam-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hyundai Electric & Energy Systems Co Ltd reported revenue of 4.1T KRW in FY2025 versus 1.8T KRW in FY2021, a compound +22.6%/yr. Reported net income was 733B KRW in FY2025.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
4.1T KRW
Latest YoY
+22.8%
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.
+24.7%
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.
+17.6%
Avg. revenue growth/yr (8Y) 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.
+13.8%
Value creation/yr (3Y, in KRW) Earnings growth per share (CAGR 3 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.
+52.7% (51.5 + 1.2)
Revenue +22.6%/yr
FY21 1.8T KRW
FY22 2.1T KRW
FY23 2.7T KRW
FY24 3.3T KRW
FY25 4.1T KRW
Net income
FY21 −33.7B KRW
FY22 162B KRW
FY23 259B KRW
FY24 502B KRW
FY25 733B KRW

267260 screens 92% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Hyundai Electric & Energy Systems Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/267260

Peer Group

Electrical Equipment & Parts · 542 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 73 · Top 25%
Fair Value upside −48% · Below median
Return on equity (TTM) 44% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 1.2% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/FCF 0.0× · 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
FUTURE11 · sector 56
PAST100 · sector 26
HEALTH99 · sector 97
DIVIDEND24 · sector 23

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.

None of the checked exposures detected

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 −40%
ABB Ltd ABBN CHF 80.10 CHF 28.70 −64%
Delta Electronics (Thailand) Public Company TDED 10.40 SGD 1.47 SGD −86%
Vertiv Holdings VRT $257.08 $63.13 −75%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW −45%
Prysmian S.p.A PRY €117.10 €84.15 −28%
Legrand SA LR €139.65 €78.82 −44%
Sungrow Power Supply Co 300274 ¥86.40 ¥123.83 +43%
Hubbell Incorporated HUBB $443.31 $285.77 −36%
Shenzhen Inovance Technology Co 300124 ¥61.07 ¥33.04 −46%

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Frequently asked questions

Is Hyundai Electric & Energy Systems Co Ltd (267260) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of 371,133 KRW versus a price of 714,000 KRW, about −48% upside (overvalued).
What is the fair value of 267260?
Our model-based fair value for Hyundai Electric & Energy Systems Co Ltd is 371,133 KRW (as of Aug 19, 2026), built from audited fundamentals. The current price: 714,000 KRW.
What is the quality score of 267260?
Hyundai Electric & Energy Systems Co Ltd has a Quality Score of 73/100. 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 Hyundai Electric & Energy Systems Co Ltd (267260)?
Hyundai Electric & Energy Systems Co Ltd reported trailing-twelve-month revenue of about 4.1T KRW (latest available figure, as of Aug 19, 2026).
What is the net profit margin of 267260?
The net profit margin of Hyundai Electric & Energy Systems Co Ltd is about 19.2%, meaning it keeps roughly 19.2% of revenue as net income. Based on the latest reported figures.
Does Hyundai Electric & Energy Systems Co Ltd pay a dividend?
Hyundai Electric & Energy Systems Co Ltd currently shows a dividend yield of about 1.18% relative to its recent price (as of Aug 19, 2026).
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