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Samjin Pharmaceuticals Co (005500) Fair Value & Analysis

Healthcare · KR · Market cap 225B KRW

SP Samjin Pharmaceuticals Co 005500 · KO
Price18,370 KRW
Fair Value29,441 KRW
Upside+60.3%
Quality58/100
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Mixed Growth
Solidly profitable · 16.2% net margin
Low debt · generates free cash flow
4.57% dividend yield
Ranks above peers (8/10)
Wide moat 72/100
Evidence: High Range 20,261 KRW – 40,577 KRW Share as image

Fair value as of: Jul 22, 2026

From 23 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 30,402 KRW to 29,441 KRW (−3.2%) since Jun 25, 2026. Share price +0.5% over the past month.

A solid business, screening 60% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (20,261 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (20,261 KRW to 40,577 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

24,700 KRW 15,569 KRW Fair Value 29,441 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 15,569 KRW – 24,700 KRW · fair‑value band 20,261 KRW – 40,577 KRW · the 18,370 KRW price screens below the 29,441 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.

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Analysis

Samjin Pharmaceuticals Co (005500) currently trades at 18,370 KRW, while our model-based Fair Value estimate is 29,441 KRW, implying the stock looks roughly 60.3% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Healthcare 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, Samjin Pharmaceuticals Co generated revenue of 254B KRW at a net margin of 16.2%. Revenue grew 1.9% year over year. It earns a return on equity of 20.3%. Net debt stands at 122B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 20,261 KRW (bear case) to 40,577 KRW (bull case); at 18,370 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 29% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at 60%, 005500 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 7,597 KRW 11,574 KRW 17,339 KRW 80
Residual Income 19,586 KRW 21,266 KRW 27,751 KRW 76
Rev-Margin DCF 13,536 KRW 23,165 KRW 33,512 KRW 74
All 23 models by family
DCF Models
FCF DCF 7,326 KRW 11,605 KRW 18,095 KRW 38
Owner Earnings 25,150 KRW 38,273 KRW 58,178 KRW 31
5Y Revenue Exit 13,536 KRW 23,221 KRW 35,371 KRW 39
5Y EBITDA Exit 23,888 KRW 41,794 KRW 62,154 KRW 41
5Y P/E Exit 19,781 KRW 34,424 KRW 49,246 KRW 38
10Y Revenue Exit 10,648 KRW 19,043 KRW 29,827 KRW 36
10Y EBITDA Exit 17,872 KRW 31,946 KRW 49,957 KRW 37
10Y P/E Exit 15,238 KRW 26,826 KRW 40,256 KRW 35
Earnings-Based
Graham-Dodd 12,985 KRW 32,113 KRW 41,610 KRW 54
PEG = 1.0 5,814 KRW 8,306 KRW 10,798 KRW 46
EPV 11,429 KRW 13,674 KRW 15,670 KRW 59
Multiples
P/E Multiple 31,507 KRW 42,009 KRW 52,511 KRW 63
P/S Multiple 24,346 KRW 32,461 KRW 40,577 KRW 58
P/B Multiple 24,346 KRW 32,461 KRW 40,577 KRW 55
EV/EBIT 25,682 KRW 34,676 KRW 43,669 KRW 53
EV/EBITDA 37,363 KRW 50,250 KRW 63,136 KRW 54
EV/Revenue 17,959 KRW 26,212 KRW 34,464 KRW 43
Asset-Based
NCAV (Graham) 11,471 KRW 15,371 KRW 22,942 KRW 50
Growth DCF
Growth DCF 7,597 KRW 11,574 KRW 17,339 KRW 80
Rev-Margin DCF 13,536 KRW 23,165 KRW 33,512 KRW 74
Economic Profit
Residual Income 19,586 KRW 21,266 KRW 27,751 KRW 76
ROIC Compounder 11,429 KRW 13,674 KRW 15,670 KRW 72
Growth Earnings
Growth-Adj P/E 24,119 KRW 34,456 KRW 44,793 KRW 68

Widest divergence: Growth Earnings (34,456 KRW) versus Growth DCF (11,574 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 254B KRW
Revenue growth (YoY) +1.9%
Net margin 16.2%
Return on equity 20.3%
Free cash flow 9.6B KRW FY2025
Operating margin 22.6%
More key figures
Dividend yield 4.6%
EPS growth (YoY) +9.3%
Net debt 122B KRW FY2025

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 52 · Market factors (momentum, volatility) 40

Profitability 43
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 26
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 22
Distance to the 52-week high (market factor)
Net Issuance 100
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

Samjin Pharmaceuticals Co., Ltd. manufactures and sells medicine. It offers medicine in oral, drop, and injecting forms.

Full company description

Samjin Pharmaceuticals Co., Ltd. manufactures and sells medicine. It offers medicine in oral, drop, and injecting forms. The company provides over-the-counter medicines, such as Gevorin, an anti-infalammatory pain killer; Trestan, an appetite stimulant; Flaris, an anti-thrombotic agent; and Nutilin, a brain function improvement agent, as well as medicine for treatment of chronic diseases. It also develops SA001, which is in Phase II clinical trial for the treatment for dry eye syndrome and Sjogren syndrome; SJP1804 medicine that is Phase I clinical trial to treat macular degeneration; and SJP1604, which is in Phase I clinical trial for cancer; SJP1901 and SJP1902 for cancer treatment; SJP 1801 to treat Alzheimer's and Parkinson's disease; SJP006, an anti-viral product; and SJP003 for treatment of diabetes. In addition, the company's preclinical product is SJP1602 for the treatment of cancer. Samjin Pharmaceuticals Co., Ltd. was founded in 1968 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

Samjin Pharmaceuticals Co reported revenue of 309B KRW in FY2025 versus 250B KRW in FY2021, a compound +5.4%/yr. Reported net income was 24.2B KRW in FY2025, compounding −4.0%/yr from FY2021.

Growth Quality 66/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
309B KRW
Latest YoY
+0.3%
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.
+4.1%
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.
+5.6%
Avg. growth/yr (12Y) 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.
+4.0%
Revenue +5.4%/yr
FY21 250B KRW
FY22 274B KRW
FY23 292B KRW
FY24 308B KRW
FY25 309B KRW
Net income −4.0%/yr
FY21 28.4B KRW
FY22 21.9B KRW
FY23 18.9B KRW
FY24 39.2B KRW
FY25 24.2B KRW

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Cite: Fair Value Calculator (2026). "Samjin Pharmaceuticals Co Fair Value". https://www.fairvalue-calculator.com/stock/005500

Peer Group

Drug Manufacturers - Specialty & Generic · 623 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 58 · Above median
Fair Value upside +60% · Top 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 16% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 4.6% · Top 25%
Debt / equity 0.10× · Higher than median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic 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 6
FUTURE 10 · sector 20
PAST 81 · sector 24
HEALTH 95 · sector 97
DIVIDEND 91 · sector 34

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.19 ¥25.94 -51%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,933 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹7,316 ₹1,943 -73%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,763 ₹1,329 -72%
PharmaEssentia Corporation 6446 1,285 TWD 221.01 TWD -83%
Cipla Limited CIPLA ₹1,439 ₹1,001 -30%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,151 ₹703.32 -39%
Lupin Limited LUPIN ₹2,443 ₹2,477 +1%
Mankind Pharma Limited MANKIND ₹2,484 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,211 ₹874.79 -28%

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Frequently asked questions

Is Samjin Pharmaceuticals Co (005500) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 29,441 KRW versus a price of 18,370 KRW, about +60% (undervalued).
What is the fair value of 005500?
Our model-based fair value for Samjin Pharmaceuticals Co is 29,441 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 18,370 KRW.
What is the quality score of 005500?
Samjin Pharmaceuticals Co has a Quality Score of 58/100. 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 Samjin Pharmaceuticals Co (005500)?
Samjin Pharmaceuticals Co reported trailing-twelve-month revenue of about 254B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 005500?
The net profit margin of Samjin Pharmaceuticals Co is about 16.2%, meaning it keeps roughly 16.2% of revenue as net income. Based on the latest reported figures.
Does Samjin Pharmaceuticals Co pay a dividend?
Samjin Pharmaceuticals Co currently shows a dividend yield of about 4.24% 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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