Shinhan Alpha REIT Co,. Ltd.

293940 KRX Real Estate Real Estate
KOSPI
₩5,380.00
+1.70%
Delayed · cached 15 min

Fair value analysis

293940
Shinhan Alpha REIT Co,. Ltd.
Real Estate›Real Estate
₩5,380.00
Close used for this calculation
₩2,986.56Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
35/100
Profitability21/25
Returns3/25
Balance Sheet2/25
Efficiency9/25
Growth17/25
Average
Quality radar
35Prof.21/25Ret.3/25Eff.9/25B.Sht2/25Growth17/25

Consensus fair value

₩2,986.56
Above FV
▼ -44.5% against the close used
Model range ₩938.86 – ₩8,715.60
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear₩938.86Fair value₩2,986.56Bull₩8,715.60
FairClose
52-week traded range
52W low ₩5,080.0052W high ₩6,240.00

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

Shinhan Alpha REIT Co,. Ltd. closed at ₩5,380.00, 80.1% above the consensus fair value of ₩2,986.56 drawn from 9 valuation models.

Financial DNA score 35/100 — Average. P/E of 57.5x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₩1,856.48
-65.5%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₩3,331.64
-38.1%
√(22.5 × EPS × BVPS)
EPS=93.53, BVPS=5274.51 · outside Graham range (P/E 57.5, P/B 1) — asset-light, treat as a rough floor
Graham Formula
₩6,048.27
+12.4%
EPS × (8.5 + 2g) × 4.4 ÷ FD_Rate
g=20%, FD=3.3%
P/E Fair Value
₩1,870.60
-65.2%
EPS × 20x (sector P/E)
EPS=93.53, Sector P/E=20x
Peter Lynch (PEG)
₩2,805.90
-47.8%
EPS × Growth% (PEG = 1 is fair)
EPS=93.53, g=30%
Dividend Discount (DDM)
₩8,715.60
+62.0%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=161.4, r=10%, g=8%
Book Value (P/B)
₩938.86
-82.5%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=5274.51, ROE=1.8%, g=6%, r=10%
Reverse DCF
₩5,380.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 21.4% | Historical: 35%
Margin of Safety
₩2,457.56
-54.3%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=3276.75, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.