Corentec Co Ltd (104540) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Corentec Co Ltd stock KRW 10,271, price KRW 4,780, upside +114.9%, quality 67 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range 3,720 KRW – 17,950 KRW · fair‑value band 7,703 KRW – 12,839 KRW · the 4,780 KRW price screens below the 10,271 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
Follow Corentec Co in your weekly email
Every Wednesday you see whether Corentec Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Corentec Co., Ltd., develops and sells orthopedic artificial joints in South Korea.
Show moreShow less
Its orthopedic products include hip systems, such as Bencox ID stems, Bencox stems, Bencox modular revision stems, Bencox m stems, and Benfix long stems; and Bencox cups, Bencox bipolar cups, Bencox mirabo cups, and Bencox mirabo multi-hole cups.
The company also offers Lospa and Exult knee systems; spine systems, such as Lospa IS systems; Coralis shoulder systems; and trauma systems, including LCfit HTO plate systems and Optirad volar plate system. Corentec Co., Ltd. was founded in 2000 and is headquartered in Cheonan-si, South Korea.
Stock analysis
Corentec Co Ltd (104540) currently trades at 4,780 KRW, while our model-based Fair Value estimate is 10,271 KRW, implying the stock looks roughly 53% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 24,510 KRW per share, and 22 of the 26 models we run sit above the 4,780 KRW price.
Bear case: the Asset-Based group reads lowest at 1,369 KRW, and 4 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 7,703 KRW (bear) to 12,839 KRW (bull), the price of 4,780 KRW sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Healthcare sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Corentec Co Ltd reported revenue of 100B KRW in FY2025 versus 44.6B KRW in FY2021, a compound +22.5%/yr. Reported net income was 6.3B KRW in FY2025, compounding +69.2%/yr from FY2021.
Key figures
Market cap 65.4B KRW (≈ $48.3M) Micro · P/E ratio 10.7 · P/S ratio 0.62 · EPS (TTM) 501.97 KRW · Dividend yield 0.6% · Net margin 6.4% · Return on equity 8.5% · Return on assets (EBIT) 3.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 28% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at −15% fair-value upside, at 115%, 104540 screens cheaper than that median.
Fair Value models
Bear7,703 KRWFair Value 10,271 KRWBull12,839 KRW
Price 4,780 KRW · Upside +114.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (430.45 KRW per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+16.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+19.9%
Start year 2020 (pandemic). Over 10 years: +12.7% a year
Revenue growth 13 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+11.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+41.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+41.3%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.29.3% vs 26.4%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 9%
2025 sits 112% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−21.2%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about −22.8% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Medical Devices · 318 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+114.9% · Top 25%
Profitability
Return on equity (12 months)8.5% · Above median
Return on assets3.6% · Above median
Net margin (12 months)6.4% · Above median
Operating margin (12 months)5.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)10.1% · Above median
Dividend yield (12 months)0.6% · Bottom 25%
Balance sheet
Debt / equity0.06× · Above median
Valuation Multiplesvs Medical Devices median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Corentec Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/104540
Frequently asked questions
Is Corentec Co Ltd (104540) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 10,271 KRW versus a price of 4,780 KRW, about +115% upside (undervalued).
What is the fair value of 104540?
Our model-based fair value for Corentec Co Ltd is 10,271 KRW (as of Nov 9, 2026), built from audited fundamentals. The current price: 4,780 KRW.
What is the quality score of 104540?
Corentec Co Ltd has a Quality Score of 67/100. 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 price target for Corentec Co Ltd (104540)?
Our model-based price target is the fair value of 10,271 KRW (as of Nov 9, 2026) from 26 valuation models. Cautious scenario 7,703 KRW, optimistic scenario 12,839 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Corentec Co Ltd stock forecast for 2026?
Our models put fair value at 10,271 KRW, about +115% upside versus a price of 4,780 KRW (undervalued). Cautious scenario 7,703 KRW, optimistic scenario 12,839 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Corentec Co Ltd (104540)?
Corentec Co Ltd reported trailing-twelve-month revenue of about 105B KRW (latest available figure, as of Nov 9, 2026).
Does Corentec Co Ltd pay a dividend?
Corentec Co Ltd currently shows a dividend yield of 0.64% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Corentec Co Ltd (104540)?
Corentec Co Ltd has a dividend yield of 0.6%.
What growth is priced into Corentec Co Ltd (104540)?
For today's price to be fair in a discounted-cash-flow model, Corentec Co Ltd would have to grow free cash flow by -21.2 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +19.9 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 104540 use?
Our models discount Corentec Co Ltd at 11.6 %: a base by market capitalisation (micro), damped by beta 0.27, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Corentec Co Ltd that is -21.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Corentec Co Ltd (104540) delivered so far?
Over the past 5 years revenue at Corentec Co Ltd grew +19.9 % a year. The price currently implies free-cash-flow growth of -21.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Corentec Co Ltd (104540) growing?
The median revenue growth in the sector is +6.2 % a year. That is the yardstick for the growth priced into Corentec Co Ltd (-21.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Corentec Co Ltd (104540)?
The free-cash-flow yield on the price is 37.41 %: that much free cash flow Corentec Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Corentec Co Ltd (104540)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Corentec Co Ltd it is 10,271 KRW per share (as of Nov 9, 2026), against a price of 4,780 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Corentec Co Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 104540 trades below its calculated fair value: price 4,780 KRW, fair value 10,271 KRW, a gap of about +115% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 104540?
No. The price is what the market pays today (4,780 KRW); the fair value is what the company's own numbers justify (10,271 KRW). For Corentec Co Ltd the two are 5,491 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Corentec Co Ltd worth?
The market values Corentec Co Ltd at about 65.4B KRW (market capitalisation, as of Nov 9, 2026). Per share that is 4,780 KRW; our models calculate a fair value of 10,271 KRW per share.
What do the bullish and bearish scenarios say about 104540?
Our models span a range for Corentec Co Ltd: cautious scenario 7,703 KRW, base 10,271 KRW, optimistic 12,839 KRW per share (as of Nov 9, 2026, price 4,780 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 104540?
Corentec Co Ltd trades at a price-to-earnings ratio of 10.7 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 10,271 KRW is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2016 to 2025), reported earnings: 101.7. Other multiples: P/B 0.8, P/S 0.6, EV/EBITDA 3.6.
How solid is the balance sheet of Corentec Co Ltd (104540)?
Balance-sheet figures for Corentec Co Ltd (as of Nov 9, 2026): return on equity 8.5%, debt of 0.06 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is 104540 from its 52-week high?
Corentec Co Ltd trades at 4,780 KRW, about 33% below its 52-week high of 7,160 KRW and 28% above the low of 3,720 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 10,271 KRW is for.
Which stocks are comparable to Corentec Co Ltd?
From the same area (Healthcare) we also value Abbott Laboratories,, Medtronic plc, Stryker Corporation, Boston Scientific Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Corentec Co Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price 4,780 KRW, calculated fair value 10,271 KRW (+115%), Quality Score 67/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 104540 calculated?
We run Corentec Co Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 10,271 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Corentec Co Ltd currently trades 53% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Corentec Co Ltd (104540)?
The closing price on Nov 6, 2026 was 4,780 KRW. Our model-based fair value is 10,271 KRW, about +115% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Corentec Co Ltd right now?
The price is below even our cautious bear case (7,703 KRW). The market is more pessimistic than our downside scenario. Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Corentec Co Ltd
How large is the market capitalisation of Corentec Co Ltd (104540)?
The market capitalisation of Corentec Co Ltd is 65.4B KRW (≈ $48.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Corentec Co Ltd (104540)?
The price-to-sales ratio of Corentec Co Ltd is 0.62 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Corentec Co Ltd (104540)?
Earnings per share at Corentec Co Ltd are 501.97 KRW (price ÷ EPS = P/E 10.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Corentec Co Ltd (104540)?
The dividend yield of Corentec Co Ltd is 0.6% (payout 6.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Corentec Co Ltd (104540)?
The net margin of Corentec Co Ltd is 6.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Corentec Co Ltd (104540)?
The return on equity (ROE) of Corentec Co Ltd is 8.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Corentec Co Ltd (104540)?
On an EBIT basis the return on assets of Corentec Co Ltd is 3.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Corentec Co Ltd (104540)?
The operating margin of Corentec Co Ltd is 5.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Corentec Co Ltd (104540)?
Revenue at Corentec Co Ltd is growing +10.1% versus a year earlier (3y avg +16.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Corentec Co Ltd (104540)?
Earnings per share at Corentec Co Ltd are growing −56.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Corentec Co Ltd (104540) carry?
The net debt of Corentec Co Ltd is 11.1B KRW (fiscal year 2025, ≈ 0.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Corentec Co Ltd in the live analysis
One click puts Corentec Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 9, 2026