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Choheung Corporation (002600) Fair Value & Analysis

Consumer Defensive · KR · Market cap 82.5B KRW

CC Choheung Corporation 002600 · KO
Price138,100 KRW
Fair Value228,988 KRW
Upside+65.8%
Quality95/100
Evidence: Medium Range 171,741 KRW – 321,832 KRW

Fair value as of: Jun 25, 2026

From 14 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from 279,087 KRW to 228,988 KRW (−18.0%) since Jun 24, 2026. Share price −2.5% over the past month.

Price vs Fair Value (12 months)

157,027 KRW 136,390 KRW Fair Value 228,988 KRW Jun 2025 Jun 2026

12‑month range 136,390 KRW – 157,027 KRW · fair‑value band 171,741 KRW – 321,832 KRW · the 138,100 KRW price screens below the 228,988 KRW fair value. As of Jun 25, 2026.

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Analysis

Choheung Corporation (002600) currently trades at 138,100 KRW, while our model-based Fair Value estimate is 228,988 KRW — implying the stock looks roughly 65.8% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, Choheung Corporation generated revenue of 496B KRW at a net margin of 1.3%. Revenue grew 6.6% year over year. It earns a return on equity of 4.5%. Net debt stands at 203B KRW. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 496B KRW
Revenue growth (YoY) +6.6%
Net margin 1.3%
Return on equity 4.5%
Free cash flow −14.6B KRW FY2025
Operating margin 3.1%
More key figures
Dividend yield 4.4%
EPS growth (YoY) -71.7%
Net debt 203B KRW FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Choheung Corporation produces dairy products. Its products include yeast, bread cream, cheese, pizza, and meal kits. The company was formerly known as Choheung Chemical Industry Co., Ltd. and changed its name to Choheung Corporation in September 2004. Choheung Corporation was founded in 1959 and is headquartered in Ansan-Si, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Choheung Corporation reported revenue of 488B KRW in FY2025 versus 251B KRW in FY2021, a compound +18.1%/yr. Reported net income was 8.1B KRW in FY2025, compounding −15.8%/yr from FY2021.

Revenue +18.1%/yr
FY21 251B KRW
FY22 324B KRW
FY23 406B KRW
FY24 428B KRW
FY25 488B KRW
Net income −15.8%/yr
FY21 16.1B KRW
FY22 11.1B KRW
FY23 355M KRW
FY24 2.5B KRW
FY25 8.1B KRW

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Similar stocks

6 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

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Foshan Haitian Flavouring and Food Company 603288 ¥35.10 ¥25.34 -28%
Nestlé India Limited NESTLEIND ₹1,438 ₹362.37 -75%
Grupo Bimbo, S.A. BIMBOA 57.10 MXN 72.19 MXN +26%
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Frequently asked questions

Is Choheung Corporation (002600) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 228,988 KRW versus a price of 138,100 KRW — about +66% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 002600?
Our 21-model fair value for Choheung Corporation is 228,988 KRW (as of Jun 25, 2026), built from audited fundamentals. The current price is 138,100 KRW.
What is the quality score of 002600?
Choheung Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Choheung Corporation (002600)?
Choheung Corporation reported trailing-twelve-month revenue of about 496B KRW (latest available figure, as of Jun 25, 2026).
What is the net profit margin of 002600?
The net profit margin of Choheung Corporation is about 1.3%, meaning it keeps roughly 1.3% of revenue as net income. Based on the latest reported figures.
Does Choheung Corporation pay a dividend?
Choheung Corporation currently shows a dividend yield of about 4.36% relative to its recent price (as of Jun 25, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.