Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Choheung Corporation is a South Korea-based company engaged primarily in the manufacture and sale of high-quality textiles. Its core business activity revolves around producing a diverse range of textile products, including yarn, fabrics, and dyed garments, catering to both domestic and international markets. These products are vital to industries such as apparel, home textiles, and industrial applications, showcasing the company's multifaceted role in the textile supply chain. Additionally, Choheung Corporation emphasizes innovation and quality, employing advanced production techniques and sustainable practices to meet evolving consumer demands and environmental standards. The company plays a significant role in the textile industry by continuously honing its manufacturing processes, thereby ensuring its products remain competitive in terms of quality and price. Given the global scale of the textile industry, Choheung Corporation's operations contribute to significant market activity, influencing trends in fabric styles and materials. Its presence in this sector underscores its importance as a key player, supporting both local economies and contributing to international trade.
₩139,600.00
+₩0.00 (+0.00%)
Live · 11:11 AM
Operating margin is thin at 3.82%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 14.0%, still solid. Free cash flow declined 140% despite revenue growth, conversion is weakening.
Free cash flow declined 140% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -₩14.58B. The business is consuming cash, not generating it.
12.9x earnings, 3.9x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
₩495.82B
▲ +14.0% YoY
Net Income (TTM)
₩6.49B
▲ +221.4% YoY
Op. Margin
3.76%
▼ -1.1pp YoY
ROIC
5.02%
▲ +0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
₩21.66B
▼ -139.5% YoY
Op. Cash Flow (TTM)
₩48.79B
▼ -94.1% YoY
Net Debt
₩170.04B
Cash & Equiv.
₩70.98B
3Y CAGR: +14.6%
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At a P/E of 12.9 and a price-to-free-cash-flow of 3.9, Choheung (002600.XKRX) trades below a two-stage DCF intrinsic value of about KRW 1,538,995.02 per share, so at KRW 139,600.00 the stock looks undervalued (1,002.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Choheung scores 65/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 4.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about KRW 1,538,995.02 per share for 002600.XKRX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around KRW 1,154,246.26. At today's KRW 139,600.00, that puts the stock about 1,002.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Choheung scores 65 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 3.8% operating margin and a 5.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Choheung pays a regular dividend of about KRW 6,000.61 per share per year (typically in quarterly installments), a yield of roughly 4.3% at the current price. That is a payout ratio of about 55.4% of earnings, so the dividend is well covered. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For 002600.XKRX's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. 002600.XKRX currently trades below its estimated intrinsic value and scores 65/100 on quality (solid). It also yields about 4.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.