Hanwha Systems Co Ltd (272210) Fair Value & Analysis
Industrials · KR · Market cap 11.4T KRW (≈ $8.0B) · ISIN KR7272210006
What is Hanwha Systems Co Ltd really worth?
Below-average quality, and trading another 119% above our fair value of 31,356 KRW.
Risks
For context
Fair value as of: Aug 30, 2026
From 17 valuation models · updated 6 days ago
Fair value updated Aug 30, 2026, revised from 19,134 KRW to 31,356 KRW (+63.9%) since Aug 13, 2026. Share price +9.0% 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 (38,509 KRW). The favourable scenario is already priced in.
- Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.
How to read this chart
60‑month range 9,669 KRW – 162,104 KRW · fair‑value band 23,105 KRW – 38,509 KRW · the 68,800 KRW price screens above the 31,356 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 30, 2026.
Analysis
Hanwha Systems Co Ltd (272210) currently trades at 68,800 KRW, while our model-based Fair Value estimate is 31,356 KRW, implying the stock looks roughly 119.4% overvalued today. The Quality Score stands at 31/100 (below-average quality), in the Industrials sector. Bull case: the Growth Earnings group reads highest at a median of 31,783 KRW per share, and 0 of the 17 models we run sit above the 68,800 KRW price. Bear case: the Dividend Discount group reads lowest at 6,021 KRW, and 17 of the 17 models stay below the price. Evidence for this calculation is medium.
Over the trailing twelve months, Hanwha Systems Co Ltd generated revenue of 3.8T KRW at a net margin of 4.2%. Revenue grew 17.0% year over year. It earns a return on equity of 2.2%. Net debt stands at 1.1T KRW. Fundamentals as of Aug 30, 2026
Our scenario range runs from 23,105 KRW (bear case) to 38,509 KRW (bull case); at 68,800 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 60% below its 52-week high and 66% 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 −54%, 272210 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.
All 17 models by family
Widest divergence: Growth Earnings (31,783 KRW) versus Economic Profit (2,051 KRW). Highest evidence: Residual Income (76).
Notify me when 272210 reaches fair value
Put 272210 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
More key figures
Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 32 · Market factors (momentum, volatility) 24
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
Hanwha Systems Co., Ltd. manufacture and sell various military equipments in South Korea and internationally. The company offers electro-optics, infra-red, and synthetic aperture radar (SAR) payloads to be mounted on mid-to-large sized satellites, as well as the system and payload development solutions for micro-satellites; avionics solutions for fixed …
Full company description
Hanwha Systems Co., Ltd. manufacture and sell various military equipments in South Korea and internationally. The company offers electro-optics, infra-red, and synthetic aperture radar (SAR) payloads to be mounted on mid-to-large sized satellites, as well as the system and payload development solutions for micro-satellites; avionics solutions for fixed wing, rotary wing, and unmanned aircrafts; and terminals for military satellite communication networks, including network controllers. It also provides radars, electro-optics, and space object surveillance systems; tactical communication, command and control, and cyber battlefield management systems; naval combat, unmanned maritime, SONAR, naval vessel weapon, and engineering control systems; integrated vetronics systems, warrior platforms, dronebot combat systems, and mobilized integrated surveillance systems; and integrated product support solutions. In addition, the company offers system integration and IT solutions for manufacturing and construction, finance, and leisure industries; application, IT infrastructure, cloud, and systems management services; smart building, insurance, manufacturing execution system, and enterprise resource planning (ERP) solutions; H-Chain, a blockchain platform; and artificial intelligence, cloud, and smart factory solutions. Further, it provides Urban Air Mobility, a 3-dimentional urban air transportation system that connects ground and air transports; and electronically steerable antennas for space internet services. The company was formerly known as Hanwa Thales Co., Ltd. and changed its name to Hanwha Systems Co., Ltd. in October 2016. Hanwha Systems Co., Ltd. was founded in 1977 and is headquartered in Seoul, South Korea.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Hanwha Systems Co Ltd reported revenue of 3.7T KRW in FY2025 versus 2.1T KRW in FY2021, a compound +15.1%/yr. Reported net income was 242B KRW in FY2025, compounding +25.3%/yr from FY2021.
272210 screens 119% overvalued. Compare with General Electric Company →
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.
Valuation Multiples vs Aerospace & Defense median · lower = cheaper
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.
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.
Similar stocks
10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Aug 30, 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 Hanwha Systems Co Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Hanwha Systems Co Ltd (272210) overvalued or undervalued?
What is the fair value of 272210?
What is the quality score of 272210?
What is the revenue of Hanwha Systems Co Ltd (272210)?
What is the net profit margin of 272210?
Does Hanwha Systems Co Ltd pay a dividend?
Watch Hanwha Systems Co Ltd in the live analysis
One click puts Hanwha Systems Co Ltd 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.