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Binggrae Co (005180) Fair Value & Analysis

Consumer Defensive · KR · Market cap 566B KRW

BC Binggrae Co 005180 · KO
Price69,200 KRW
Fair Value115,532 KRW
Upside+67.0%
Quality57/100
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Mixed Growth
Thin margins · 3.7% net margin
Low debt · generates free cash flow
5.06% dividend yield
Ranks above peers (7/10)
Narrow moat 38/100
Evidence: High Range 74,531 KRW – 154,347 KRW Share as image

Fair value as of: Jul 22, 2026

From 23 valuation models · updated 19 days ago

Share price +4.7% over the past month.

A solid business, screening 67% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (74,531 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.
  • A fairly wide model range (74,531 KRW to 154,347 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

103,608 KRW 31,226 KRW Fair Value 115,532 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 31,226 KRW – 103,608 KRW · fair‑value band 74,531 KRW – 154,347 KRW · the 69,200 KRW price screens below the 115,532 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Binggrae Co (005180) currently trades at 69,200 KRW, while our model-based Fair Value estimate is 115,532 KRW, implying the stock looks roughly 67.0% undervalued today. The Quality Score stands at 57/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, Binggrae Co generated revenue of 1.5T KRW at a net margin of 3.7%. Revenue grew 1.3% year over year. It earns a return on equity of 7.7%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 74,531 KRW (bear case) to 154,347 KRW (bull case); at 69,200 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 25% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at 67%, 005180 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
Growth DCF 60,170 KRW 85,916 KRW 123,489 KRW 80
Residual Income 68,382 KRW 72,532 KRW 79,592 KRW 76
Rev-Margin DCF 69,432 KRW 108,922 KRW 152,023 KRW 74
All 23 models by family
DCF Models
FCF DCF 58,557 KRW 86,468 KRW 129,210 KRW 38
Owner Earnings 68,598 KRW 101,661 KRW 152,294 KRW 31
5Y Revenue Exit 69,432 KRW 108,836 KRW 158,218 KRW 39
5Y EBITDA Exit 98,455 KRW 161,301 KRW 232,933 KRW 41
5Y P/E Exit 76,375 KRW 121,386 KRW 167,081 KRW 38
10Y Revenue Exit 62,764 KRW 98,017 KRW 143,315 KRW 36
10Y EBITDA Exit 83,738 KRW 134,610 KRW 199,853 KRW 37
10Y P/E Exit 69,533 KRW 106,771 KRW 150,022 KRW 35
Earnings-Based
Graham-Dodd 39,983 KRW 103,371 KRW 134,687 KRW 54
PEG = 1.0 19,509 KRW 27,871 KRW 36,232 KRW 46
EPV 74,332 KRW 86,714 KRW 97,721 KRW 59
Multiples
P/E Multiple 92,608 KRW 123,477 KRW 154,347 KRW 63
P/S Multiple 74,968 KRW 99,958 KRW 124,947 KRW 58
P/B Multiple 74,968 KRW 99,958 KRW 124,947 KRW 55
EV/EBIT 109,546 KRW 144,673 KRW 179,800 KRW 53
EV/EBITDA 135,007 KRW 178,622 KRW 222,236 KRW 54
EV/Revenue 79,378 KRW 111,612 KRW 143,846 KRW 43
Asset-Based
NCAV (Graham) 41,406 KRW 55,484 KRW 82,812 KRW 50
Growth DCF
Growth DCF 60,170 KRW 85,916 KRW 123,489 KRW 80
Rev-Margin DCF 69,432 KRW 108,922 KRW 152,023 KRW 74
Economic Profit
Residual Income 68,382 KRW 72,532 KRW 79,592 KRW 76
ROIC Compounder 74,332 KRW 88,623 KRW 109,602 KRW 72
Growth Earnings
Growth-Adj P/E 72,092 KRW 102,989 KRW 133,886 KRW 68

Widest divergence: Multiples (111,612 KRW) versus Asset-Based (55,484 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.5T KRW
Revenue growth (YoY) +1.3%
Net margin 3.7%
Return on equity 7.7%
Free cash flow 42.0B KRW FY2025
Operating margin 4.4%
More key figures
Dividend yield 5.1%
EPS growth (YoY) -4.8%

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 58 · Market factors (momentum, volatility) 42

Profitability 54
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 25
Distance to the 52-week high (market factor)
Net Issuance 82
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.

About the company

Binggrae Co., Ltd. engages in the production and sale of dairy products in South Korea and internationally. The company offers ice cream, milk/cheese, fermented milk, coffee, juices, beverages, snacks/desserts, and health orientation under various brands, as well as manufactures, sells, imports, and distributes food products. It also exports its products.

Full company description

Binggrae Co., Ltd. engages in the production and sale of dairy products in South Korea and internationally. The company offers ice cream, milk/cheese, fermented milk, coffee, juices, beverages, snacks/desserts, and health orientation under various brands, as well as manufactures, sells, imports, and distributes food products. It also exports its products. It serves customers through agencies, direct sales, businesses, new distribution vendors, special sales (direct sales), online vendors. The company was formerly known as Daeil Co., Ltd. and changed its name to Binggrae Co., Ltd. in February 1982. Binggrae Co., Ltd. was founded in 1967 and is headquartered in Namyangju-Si, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Binggrae Co reported revenue of 1.3T KRW in FY2025 versus 1.1T KRW in FY2021, a compound +3.4%/yr. Reported net income was 52.0B KRW in FY2025.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.3T KRW
Latest YoY
−10.3%
Avg. 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.
+1.2%
Avg. 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.
+6.5%
Avg. growth/yr (14Y) 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.
+4.4%
Revenue +3.4%/yr
FY21 1.1T KRW
FY22 1.3T KRW
FY23 1.4T KRW
FY24 1.5T KRW
FY25 1.3T KRW
Net income
FY21 −19.3B KRW
FY22 25.7B KRW
FY23 86.2B KRW
FY24 103B KRW
FY25 52.0B KRW

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Cite: Fair Value Calculator (2026). "Binggrae Co Fair Value". https://www.fairvalue-calculator.com/stock/005180

Peer Group

Packaged Foods · 649 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 +67% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 5% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 4% · Below median
Revenue growth 1% · Below median
Dividend yield (TTM) 5.1% · Top 25%
Debt / equity 0.10× · Higher than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

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.

VALUE 100 · sector 28
FUTURE 7 · sector 20
PAST 31 · sector 27
HEALTH 95 · sector 96
DIVIDEND 100 · sector 47

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Binggrae Co (005180) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 115,532 KRW versus a price of 69,200 KRW, about +67% (undervalued).
What is the fair value of 005180?
Our model-based fair value for Binggrae Co is 115,532 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 69,200 KRW.
What is the quality score of 005180?
Binggrae Co 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 Binggrae Co (005180)?
Binggrae Co reported trailing-twelve-month revenue of about 1.5T KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 005180?
The net profit margin of Binggrae Co is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.
Does Binggrae Co pay a dividend?
Binggrae Co currently shows a dividend yield of about 4.90% relative to its recent price (as of Jul 22, 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.

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