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Oyang Corporation (006090) Fair Value & Analysis

Consumer Defensive · KR · Market cap 77.8B KRW

OC Oyang Corporation 006090 · KO
Price8,600 KRW
Fair Value19,092 KRW
Upside+122.0%
Quality46/100
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Expensive Growth
Thin margins · 3.6% net margin
Low debt · generates free cash flow
1.21% dividend yield
Mixed vs. peers (5/10)
Narrow moat 32/100
Evidence: High Range 14,319 KRW – 23,865 KRW Share as image

Fair value as of: Jul 22, 2026

From 25 valuation models · updated 19 days ago

Share price +2.3% over the past month.

Below-average quality, screening 122% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (14,319 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

12,225 KRW 6,914 KRW Fair Value 19,092 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 6,914 KRW – 12,225 KRW · fair‑value band 14,319 KRW – 23,865 KRW · the 8,600 KRW price screens below the 19,092 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

Oyang Corporation (006090) currently trades at 8,600 KRW, while our model-based Fair Value estimate is 19,092 KRW, implying the stock looks roughly 122.0% undervalued today. The Quality Score stands at 46/100 (below-average 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, Oyang Corporation generated revenue of 420B KRW at a net margin of 3.6%. Revenue grew 2.2% year over year. It earns a return on equity of 6.3%. Net debt stands at 109B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 14,319 KRW (bear case) to 23,865 KRW (bull case); at 8,600 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 13% 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 122%, 006090 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 3,290 KRW 3,993 KRW 5,009 KRW 80
Residual Income 19,632 KRW 19,447 KRW 17,703 KRW 76
ROIC Compounder 13,355 KRW 15,267 KRW 16,940 KRW 72
All 25 models by family
DCF Models
FCF DCF 3,269 KRW 4,069 KRW 5,304 KRW 38
Owner Earnings 12,599 KRW 18,782 KRW 28,327 KRW 31
5Y Revenue Exit 10,529 KRW 17,828 KRW 27,416 KRW 39
5Y EBITDA Exit 15,814 KRW 27,800 KRW 42,094 KRW 41
5Y P/E Exit 12,690 KRW 21,905 KRW 31,764 KRW 38
10Y Revenue Exit 7,498 KRW 13,556 KRW 22,138 KRW 36
10Y EBITDA Exit 11,280 KRW 20,511 KRW 33,431 KRW 37
10Y P/E Exit 9,282 KRW 16,400 KRW 25,484 KRW 35
Earnings-Based
Graham-Dodd 7,637 KRW 24,751 KRW 33,048 KRW 54
Lynch FV 5,519 KRW 7,884 KRW 10,249 KRW 50
PEG = 1.0 5,519 KRW 7,884 KRW 10,249 KRW 46
EPV 13,355 KRW 15,267 KRW 16,940 KRW 59
Dividend Discount
Gordon GGM 1,377 KRW 2,864 KRW 4,543 KRW 70
DDM Multi-Stage 1,377 KRW 2,320 KRW 3,005 KRW 61
Multiples
P/E Multiple 17,688 KRW 23,584 KRW 29,480 KRW 63
P/S Multiple 14,319 KRW 19,092 KRW 23,865 KRW 58
P/B Multiple 14,319 KRW 19,092 KRW 23,865 KRW 55
EV/EBIT 20,173 KRW 26,270 KRW 32,366 KRW 53
EV/EBITDA 24,923 KRW 32,602 KRW 40,282 KRW 54
EV/Revenue 14,937 KRW 20,532 KRW 26,126 KRW 43
Asset-Based
NCAV (Graham) 13,115 KRW 17,575 KRW 26,231 KRW 50
Growth DCF
Growth DCF 3,290 KRW 3,993 KRW 5,009 KRW 80
Economic Profit
Residual Income 19,632 KRW 19,447 KRW 17,703 KRW 76
ROIC Compounder 13,355 KRW 15,267 KRW 16,940 KRW 72
Growth Earnings
Growth-Adj P/E 14,834 KRW 21,192 KRW 27,549 KRW 68

Widest divergence: Growth Earnings (21,192 KRW) versus Dividend Discount (2,320 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 420B KRW
Revenue growth (YoY) +2.2%
Net margin 3.6%
Return on equity 6.3%
Free cash flow 1.1B KRW FY2025
Operating margin 6.5%
More key figures
Dividend yield 1.2%
EPS growth (YoY) +1,748%
Net debt 109B KRW FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 44 · Market factors (momentum, volatility) 49

Profitability 33
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 33
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

Oyang Corporation engages in deep-sea fishing, food, and rental business in South Korea and internationally. The company offers crab sticks and frozen food; ham products, sausages, BBQ, bacons, topping food for pizzas, hot dogs, etc.; fish cakes; and dumplings.

Full company description

Oyang Corporation engages in deep-sea fishing, food, and rental business in South Korea and internationally. The company offers crab sticks and frozen food; ham products, sausages, BBQ, bacons, topping food for pizzas, hot dogs, etc.; fish cakes; and dumplings. It also provides various fishes, including Pollack, cod, herring, halibut, snapper, squids, hoki, psenopsis anomala, red catfish, whiting, Japanese Spanish mackerel, bluefin tuna, big-eye tuna, yellowfin tuna, albacore tuna, marlin, skipjack tuna, and others. In addition, the company rents offices. Oyang Corporation was founded in 1969 and is based in Seoul, South Korea. Oyang Corporation is a subsidiary of Sajodaerim Corporation.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Oyang Corporation reported revenue of 417B KRW in FY2025 versus 329B KRW in FY2021, a compound +6.1%/yr. Reported net income was 10.6B KRW in FY2025, compounding −9.5%/yr from FY2021.

Growth Quality 49/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
417B KRW
Latest YoY
+4.2%
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.
+4.2%
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.
+5.0%
Avg. growth/yr (16Y) 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.
+7.7%
Revenue +6.1%/yr
FY21 329B KRW
FY22 369B KRW
FY23 392B KRW
FY24 401B KRW
FY25 417B KRW
Net income −9.5%/yr
FY21 15.8B KRW
FY22 8.5B KRW
FY23 20.3B KRW
FY24 12.6B KRW
FY25 10.6B KRW

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Cite: Fair Value Calculator (2026). "Oyang Corporation Fair Value". https://www.fairvalue-calculator.com/stock/006090

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 46 · Below median
Fair Value upside +122% · Top 25%
Return on equity (TTM) 6% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 2% · Below median
Dividend yield (TTM) 1.2% · Below median
Debt / equity 0.00× · Lower than 75% of peers

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 11 · sector 20
PAST 25 · sector 27
HEALTH 100 · sector 96
DIVIDEND 24 · 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 Oyang Corporation (006090) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 19,092 KRW versus a price of 8,600 KRW, about +122% (undervalued).
What is the fair value of 006090?
Our model-based fair value for Oyang Corporation is 19,092 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 8,600 KRW.
What is the quality score of 006090?
Oyang Corporation has a Quality Score of 46/100. 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 Oyang Corporation (006090)?
Oyang Corporation reported trailing-twelve-month revenue of about 420B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 006090?
The net profit margin of Oyang Corporation is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does Oyang Corporation pay a dividend?
Oyang Corporation currently shows a dividend yield of about 1.22% 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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