EN DE

Aprogen Medicines Inc (007460) Fair Value & Analysis

Industrials · KR · Market cap 48.6B KRW

AM Aprogen Medicines Inc 007460 · KO
Price2,630 KRW
Fair Value4,620 KRW
Upside+75.7%
Quality23/100
Watch Aprogen Medicines Inc for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -57.5% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 16/100
Evidence: Low Range 3,448 KRW – 6,896 KRW Share as image

Fair value as of: Jul 24, 2026

From 1 valuation models · updated 17 days ago

Fair value updated Jul 24, 2026, revised from 4,770 KRW to 4,620 KRW (−3.1%) since Jun 26, 2026. Share price +9.8% over the past month.

Below-average quality, screening 76% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (23/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (3,448 KRW). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (3,448 KRW to 6,896 KRW) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

115,425 KRW 2,100 KRW Fair Value 4,620 KRW Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range 2,100 KRW – 115,425 KRW · fair‑value band 3,448 KRW – 6,896 KRW · the 2,630 KRW price screens below the 4,620 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Aprogen Medicines Inc (007460) currently trades at 2,630 KRW, while our model-based Fair Value estimate is 4,620 KRW, implying the stock looks roughly 75.7% undervalued today. The Quality Score stands at 23/100 (below-average quality), in the Industrials 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: low), always confirm before acting.

Over the trailing twelve months, Aprogen Medicines Inc generated revenue of 128B KRW at a net margin of -57.5%. Revenue grew 35.8% year over year. It earns a return on equity of -32.7%. Net debt stands at 141B KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 3,448 KRW (bear case) to 6,896 KRW (bull case); at 2,630 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. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 76%, 007460 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
NCAV (Graham) 3,762 KRW 5,042 KRW 7,525 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 3,762 KRW 5,042 KRW 7,525 KRW 50

Notify me when 007460 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 128B KRW
Revenue growth (YoY) +35.8%
Net margin -57.5%
Return on equity -32.7%
Free cash flow −64.9B KRW FY2025
Operating margin -56.8%
More key figures
EPS growth (YoY) -92.3%
Net debt 141B KRW FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 23/100

Of which business quality 22 · Market factors (momentum, volatility) 15

Profitability 2
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 50
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

Aprogen Medicines Inc. designs, manufactures, and maintains plant facilities for steelwork, petrochemistry, shipbuilding, power plant, and LNG base industries in South Korea. The company also offers thermal and cold spray services; and clad rolls, clad plates, wear plates, clad pipes and fittings, and plasma transferred arcs.

Full company description

Aprogen Medicines Inc. designs, manufactures, and maintains plant facilities for steelwork, petrochemistry, shipbuilding, power plant, and LNG base industries in South Korea. The company also offers thermal and cold spray services; and clad rolls, clad plates, wear plates, clad pipes and fittings, and plasma transferred arcs. In addition, it provides Nukon system, a special heat-preservation system that keeps the pipe facility of the internal equipment of the containment building working safely in the pressurized water reactor power plant; foamglas, a cellular glass insulation product; and fireproof insulation works in the POSCO furnaces and boilers. The company was formerly known as Aprogen KIC Inc. and changed its name to Aprogen Medicines Inc. April 2021. Aprogen Medicines Inc. was founded in 2000 and is based in Seongnam-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aprogen Medicines Inc reported revenue of 118B KRW in FY2025 versus 141B KRW in FY2021, a compound −4.4%/yr. Reported net income was −70.2B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
118B KRW
Latest YoY
−21.4%
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.
+14.6%
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.
−1.5%
Avg. growth/yr (23Y) 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.
+2.0%
Revenue −4.4%/yr
FY21 141B KRW
FY22 78.3B KRW
FY23 151B KRW
FY24 150B KRW
FY25 118B KRW
Net income
FY21 −18.0B KRW
FY22 −98.7B KRW
FY23 −55.6B KRW
FY24 −58.1B KRW
FY25 −70.2B KRW

Watch 007460: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Aprogen Medicines Inc Fair Value". https://www.fairvalue-calculator.com/stock/007460

Peer Group

Conglomerates · 369 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 22 · Bottom 25%
Fair Value upside +76% · Top 25%
Return on assets -9% · Bottom 25%
Net margin (TTM) -57% · Bottom 25%
Operating margin (TTM) -57% · Bottom 25%
Revenue growth 36% · Top 25%
Debt / equity 0.25× · Higher than median

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 20
FUTURE 100 · sector 16
PAST 0 · sector 20
HEALTH 87 · sector 88
DIVIDEND 0 · sector 39

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 Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%
Doosan Corporation 000155 464,000 KRW 75,620 KRW -84%
Thermax Limited THERMAX ₹4,809 ₹1,087 -77%

Compare Aprogen Medicines Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Aprogen Medicines Inc (007460) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 4,620 KRW versus a price of 2,630 KRW, about +76% (undervalued).
What is the fair value of 007460?
Our model-based fair value for Aprogen Medicines Inc is 4,620 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 2,630 KRW.
What is the quality score of 007460?
Aprogen Medicines Inc has a Quality Score of 23/100. 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 Aprogen Medicines Inc (007460)?
Aprogen Medicines Inc reported trailing-twelve-month revenue of about 128B KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 007460?
The net profit margin of Aprogen Medicines Inc is about -57.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

14 days Pro free · no card

Track Aprogen Medicines Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.