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Donga Socio Holdings (000640) Fair Value & Analysis

Healthcare · KR · Market cap 499B KRW (≈ $350M) · ISIN KR7000640003

What is Donga Socio Holdings really worth?

DS Donga Socio Holdings 000640 · KO
Price94,000 KRW
Fair Value240,231 KRW
Upside+155.6%
Quality57/100

A solid business, trading 61% below our fair value of 240,231 KRW.

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Strengths

Healthy Growth (revenue 5y +12.8 %/yr)
Low debt · generates free cash flow
Ranks above peers (8/10)

Risks

!Thin margins · 6.5% net margin
!Narrow moat 35/100
!Evidence only medium, so the estimate is less certain

For context

·1.79% dividend yield
Evidence: Medium Range 180,173 KRW – 300,289 KRW

Fair value as of: Aug 23, 2026

From 26 valuation models · updated 12 days ago

Share price +9.2% 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 is below even our cautious bear case (180,173 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

119,396 KRW 70,497 KRW Fair Value 240,231 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.

How to read this chart

60‑month range 70,497 KRW – 119,396 KRW · fair‑value band 180,173 KRW – 300,289 KRW · the 94,000 KRW price screens below the 240,231 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 23, 2026.

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Analysis

Donga Socio Holdings (000640) currently trades at 94,000 KRW, while our model-based Fair Value estimate is 240,231 KRW, implying the stock looks roughly 60.9% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Healthcare sector. Bull case: the DCF Models group reads highest at a median of 375,111 KRW per share, and 24 of the 26 models we run sit above the 94,000 KRW price. Bear case: the Dividend Discount group reads lowest at 27,225 KRW, and 2 of the 26 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Donga Socio Holdings generated revenue of 1.5T KRW at a net margin of 6.5%. Revenue grew 6.9% year over year. It earns a return on equity of 8.3%. Net debt stands at 436B KRW. Fundamentals as of Aug 23, 2026

Our scenario range runs from 180,173 KRW (bear case) to 300,289 KRW (bull case); at 94,000 KRW, the current price sits below 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 22% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −45% fair-value upside, at 156%, 000640 screens cheaper 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 308,736 KRW 497,732 KRW 801,350 KRW 79
Growth DCF 315,219 KRW 483,532 KRW 737,651 KRW 78
Residual Income 148,954 KRW 160,623 KRW 201,694 KRW 76
All 26 models by family
DCF Models
FCF DCF 308,736 KRW 497,732 KRW 801,350 KRW 79
Owner Earnings 232,108 KRW 375,111 KRW 604,844 KRW 75
5Y Revenue Exit 187,027 KRW 276,808 KRW 388,116 KRW 73
5Y EBITDA Exit 286,269 KRW 462,907 KRW 667,923 KRW 75
5Y P/E Exit 237,563 KRW 371,574 KRW 510,975 KRW 71
10Y Revenue Exit 222,143 KRW 315,492 KRW 435,718 KRW 67
10Y EBITDA Exit 291,333 KRW 447,860 KRW 654,741 KRW 68
10Y P/E Exit 259,545 KRW 382,897 KRW 531,888 KRW 64
Earnings-Based
Graham-Dodd 96,092 KRW 302,044 KRW 402,101 KRW 64
Lynch FV 66,078 KRW 94,397 KRW 122,716 KRW 61
PEG = 1.0 66,078 KRW 94,397 KRW 122,716 KRW 57
EPV 130,580 KRW 154,709 KRW 176,157 KRW 74
Dividend Discount
Gordon GGM 16,076 KRW 35,096 KRW 59,051 KRW 65
DDM Multi-Stage 16,076 KRW 27,225 KRW 36,576 KRW 66
Multiples
P/E Multiple 233,165 KRW 310,887 KRW 388,609 KRW 63
P/S Multiple 180,173 KRW 240,231 KRW 300,289 KRW 58
P/B Multiple 180,173 KRW 240,231 KRW 300,289 KRW 55
EV/EBIT 187,551 KRW 252,118 KRW 316,685 KRW 66
EV/EBITDA 308,976 KRW 414,018 KRW 519,060 KRW 67
EV/Revenue 132,099 KRW 191,349 KRW 250,599 KRW 53
Asset-Based
NCAV (Graham) 88,312 KRW 118,338 KRW 176,623 KRW 54
Growth DCF
Growth DCF 315,219 KRW 483,532 KRW 737,651 KRW 78
Rev-Margin DCF 187,027 KRW 279,919 KRW 388,233 KRW 73
Economic Profit
Residual Income 148,954 KRW 160,623 KRW 201,694 KRW 76
ROIC Compounder 130,580 KRW 154,709 KRW 176,157 KRW 72
Growth Earnings
Growth-Adj P/E 192,510 KRW 275,014 KRW 357,518 KRW 67

Widest divergence: DCF Models (375,111 KRW) versus Dividend Discount (27,225 KRW). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/S ratio 0.34 TTM
Dividend yield 1.8%
Net margin 6.4% FY2025
Return on equity 8.3% TTM
Return on assets (EBIT) 3.7% avg 5y
Operating margin 5.5% TTM
More key figures
Growth
Revenue (TTM) 1.5T KRW TTM
Revenue growth (YoY) +6.9% 3y avg +12.1%
EPS growth (YoY) +14.4%
Balance sheet & cash flow
Free cash flow 169B KRW FY2025
Net debt 436B KRW FY2025 · ≈ 2.6 yrs of FCF

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 44

Profitability 40
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 67
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

Dong-A Socio Holdings Co., Ltd., together with its subsidiaries, engages in the pharmaceutical business in South Korea. It operates through Holding Company; Over-the-Counter Drugs and Quai-Drugs; Biosimilars and Consignment Medicines; Logistics; Packaging Solutions; and Others segments.

Full company description

Dong-A Socio Holdings Co., Ltd., together with its subsidiaries, engages in the pharmaceutical business in South Korea. It operates through Holding Company; Over-the-Counter Drugs and Quai-Drugs; Biosimilars and Consignment Medicines; Logistics; Packaging Solutions; and Others segments. The company develops DA-8010 in Phase 3 clinical trial to treat overactive bladder; DMB-3115, a biosimilar of Stelara in Phase 3 clinical trial; DA-1241 in Phase 2 clinical trial for the treatment of non-alcoholic steatohepatitis; DA-1726 in Phase 1 clinical trial to treat obesity; and STP0404 for the treatment of AIDS. It also provides medical devices and equipment; healthcare solutions to customers in Bacchus, over-the-counter, consumer healthcare, and cosmetics; health functional food; contract development and manufacturing organization for biosimilar and pharmaceutical products, and oligonucleotide therapeutics; functional sports drinks under the POCARI SWEAT brand; logistics and fulfillment services; glass bottles, PET bottles, aluminum and plastic caps, and paper packaging boxes; mineral and carbonated water, and mixed drinks; and IT and construction services. In addition, the company is involved in engineering; cargo, courier, and automobile transport arrangement; transportation warehousing and leasing; real estate development; agricultural product distribution; management consulting; business management; and architectural, electric work, fire protection, and housing contracting services. Dong-A Socio Holdings Co., Ltd. was founded in 1932 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

Donga Socio Holdings reported revenue of 1.4T KRW in FY2025 versus 882B KRW in FY2021, a compound +12.8%/yr. Reported net income was 90.9B KRW in FY2025, compounding +10.8%/yr from FY2021.

Growth Quality 88/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.4T KRW
Latest YoY
+7.2%
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.
+12.1%
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.
+12.8%
Avg. revenue growth/yr (25Y) 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.
+4.6%
Value creation/yr (5Y, in KRW) Earnings growth per share (CAGR 5 years, EBIT basis) 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.
+13.3% (11.5 + 1.8)
Revenue +12.8%/yr
FY21 882B KRW
FY22 1.0T KRW
FY23 1.1T KRW
FY24 1.3T KRW
FY25 1.4T KRW
Net income +10.8%/yr
FY21 60.3B KRW
FY22 11.2B KRW
FY23 58.0B KRW
FY24 58.0B KRW
FY25 90.9B KRW

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Cite: Fair Value Calculator (2026). "Donga Socio Holdings Fair Value". https://www.fairvalue-calculator.com/stock/000640

Peer Group

Drug Manufacturers - Specialty & Generic · 633 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 57 · Above median
Fair Value upside +156% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 3% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 7% · Above median
Dividend yield (TTM) 1.8% · Above median
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic 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
VALUE100 · sector 6
FUTURE35 · sector 21
PAST33 · sector 23
HEALTH93 · sector 97
DIVIDEND36 · sector 29

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).

Stock Price Fair Value vs Fair Value
Merck KGaA MRK €140.25 €106.48 −24%
Takeda Pharmaceutical Company TAK $18.03 $11.11 −38%
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.76 ¥25.94 −52%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,944 ₹989.50 −49%
Galderma Group GALD CHF 178.55 CHF 55.07 −69%
Haleon plc HLN $10.11 $7.64 −24%
Teva Pharmaceutical Industries Limited TEVA $36.05 $15.33 −57%
Sandoz Group SDZ CHF 70.66 CHF 39.21 −45%
Zoetis Inc ZTS $77.10 $104.88 +36%
Hansoh Pharmaceutical Group 3692 HK$35.12 HK$16.18 −54%

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Frequently asked questions

Is Donga Socio Holdings (000640) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of 240,231 KRW versus a price of 94,000 KRW, about +156% upside (undervalued).
What is the fair value of 000640?
Our model-based fair value for Donga Socio Holdings is 240,231 KRW (as of Aug 23, 2026), built from audited fundamentals. The current price: 94,000 KRW.
What is the quality score of 000640?
Donga Socio Holdings has a Quality Score of 57/100. 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 Donga Socio Holdings (000640)?
Donga Socio Holdings reported trailing-twelve-month revenue of about 1.5T KRW (latest available figure, as of Aug 23, 2026).
What is the net profit margin of 000640?
The net profit margin of Donga Socio Holdings is about 6.5%, meaning it keeps roughly 6.5% of revenue as net income. Based on the latest reported figures.
Does Donga Socio Holdings pay a dividend?
Donga Socio Holdings currently shows a dividend yield of about 1.79% relative to its recent price (as of Aug 23, 2026).
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