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Sajodongaone Co Ltd (008040) Fair Value & Analysis

Consumer Defensive · KR · Market cap 111B KRW (≈ $77.7M) · ISIN KR7008040008

What is Sajodongaone Co Ltd really worth?

SC Sajodongaone Co Ltd 008040 · KO
Price8,550 KRW
Fair Value2,589 KRW
Upside−69.7%
Quality51/100

A solid business, but trading 230% above our fair value of 2,589 KRW.

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Strengths

Low debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +11.2 %/yr)
!Thin margins · 4.4% net margin
!Mixed vs. peers (5/10)
!Narrow moat 33/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 1,642 KRW – 3,537 KRW

Fair value as of: Sep 5, 2026

From 7 valuation models · updated today

Share price +21.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (3,537 KRW). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1,642 KRW to 3,537 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

24,495 KRW 654.00 KRW Fair Value 2,589 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 5, 2026.

How to read this chart

60‑month range 654.00 KRW – 24,495 KRW · fair‑value band 1,642 KRW – 3,537 KRW · the 8,550 KRW price screens above the 2,589 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 5, 2026.

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Analysis

Sajodongaone Co Ltd (008040) currently trades at 8,550 KRW, while our model-based Fair Value estimate is 2,589 KRW, implying the stock looks roughly 230.3% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Consumer Defensive sector. Bull case: the Growth DCF group reads highest at a median of 3,535 KRW per share, and 0 of the 7 models we run sit above the 8,550 KRW price. Bear case: the Asset-Based group reads lowest at 603.54 KRW, and 7 of the 7 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Sajodongaone Co Ltd generated revenue of 682B KRW at a net margin of 4.4%. Revenue declined 1.8% year over year. It earns a return on equity of 13.1%. Net debt stands at 80.2B KRW. Fundamentals as of Sep 5, 2026

Our scenario range runs from 1,642 KRW (bear case) to 3,537 KRW (bull case); at 8,550 KRW, the current price sits above 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 Consumer Defensive peers we cover trades at −27% fair-value upside, at −70%, 008040 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF best evidence 2,763 KRW 3,755 KRW 5,254 KRW 81
Growth DCF 2,851 KRW 3,797 KRW 5,159 KRW 79
5Y Revenue Exit 2,476 KRW 3,497 KRW 4,794 KRW 73
All 7 models by family
DCF Models
FCF DCF best evidence 2,763 KRW 3,755 KRW 5,254 KRW 81
5Y Revenue Exit 2,476 KRW 3,497 KRW 4,794 KRW 73
10Y Revenue Exit 2,501 KRW 3,421 KRW 4,505 KRW 68
Multiples
EV/Revenue 2,460 KRW 3,407 KRW 4,355 KRW 54
Asset-Based
NCAV (Graham) 450.40 KRW 603.54 KRW 900.80 KRW 54
Growth DCF
Growth DCF 2,851 KRW 3,797 KRW 5,159 KRW 79
Rev-Margin DCF 2,476 KRW 3,535 KRW 4,698 KRW 73

Widest divergence: Growth DCF (3,535 KRW) versus Asset-Based (603.54 KRW). Highest evidence: FCF DCF (81).

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Key figures & financial health

P/S ratio 0.16 TTM
Dividend yield 2.2%
Net margin −20.4% FY2025
Return on equity 13.1% TTM
Return on assets (EBIT) 0.0% avg 5y
Operating margin 6.4% TTM
More key figures
Growth
Revenue (TTM) 682B KRW TTM
Revenue growth (YoY) −1.8% 3y avg +2.2%
EPS growth (YoY) +16.7%
Balance sheet & cash flow
Free cash flow 34.2B KRW FY2025
Net debt 80.2B KRW FY2025 · ≈ 2.3 yrs of FCF

Figures from reported company fundamentals · as of Sep 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 48 · Market factors (momentum, volatility) 37

Profitability 27
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 53
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Sajodongaone Co.,Ltd. engages in the manufacture and sale of wheat flour. The company manufactures and sells cotton; and engages in the flour milling and biological resources business, which includes poultry, pig, and fish farming.

Full company description

Sajodongaone Co.,Ltd. engages in the manufacture and sale of wheat flour. The company manufactures and sells cotton; and engages in the flour milling and biological resources business, which includes poultry, pig, and fish farming. It also offers bakery and confectionery products, including organic wheat, bread, and snacks and cakes; well-being health products, such as buckwheat, wholewheat, and Korean wheat and starch products; and livestock feed and pet foods. In addition, the company is involved in the transportation of lubricants and petroleum products. The company was formerly known as Dongaone Co., Ltd. and changed its name to Sajodongaone Co.,Ltd. in April 2016. Sajodongaone Co.,Ltd. was founded in 1953 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

Sajodongaone Co Ltd reported revenue of 674B KRW in FY2025 versus 412B KRW in FY2021, a compound +13.1%/yr. Reported net income was −137B KRW in FY2025.

Growth Quality 69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
674B KRW
Latest YoY
−0.6%
Avg. revenue 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.
+2.2%
Avg. revenue 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.
+11.2%
Avg. revenue growth/yr (17Y) 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.
+4.5%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +13.1%/yr
FY21 412B KRW
FY22 632B KRW
FY23 678B KRW
FY24 678B KRW
FY25 674B KRW
Net income
FY21 2.4B KRW
FY22 1.0B KRW
FY23 10.7B KRW
FY24 24.3B KRW
FY25 −137B KRW

008040 screens 230% overvalued. Compare with Nestlé S.A →

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Cite: Fair Value Calculator (2026). "Sajodongaone Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/008040

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 51 · Below median
Fair Value upside −70% · Bottom 25%
Return on equity (TTM) 13% · Above median
Return on assets 3% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 6% · Above median
Revenue growth −2% · Below median
Dividend yield (TTM) 2.2% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

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

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 26
FUTURE0 · sector 21
PAST52 · sector 28
HEALTH99 · sector 96
DIVIDEND43 · sector 53

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Sep 5, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.62 CHF 57.26 −27%
Danone S.A BN €64.28 €48.41 −25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 −83%
The Kraft Heinz Company KHC $25.13 $24.59 −2%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 −37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 −61%
General Mills, Inc GIS $40.44 $28.32 −30%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
Britannia Industries Limited BRITANNIA ₹5,511 ₹1,765 −68%

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Frequently asked questions

Is Sajodongaone Co Ltd (008040) overvalued or undervalued?
As of Sep 5, 2026, our model estimates a fair value of 2,589 KRW versus a price of 8,550 KRW, about −70% upside (overvalued).
What is the fair value of 008040?
Our model-based fair value for Sajodongaone Co Ltd is 2,589 KRW (as of Sep 5, 2026), built from audited fundamentals. The current price: 8,550 KRW.
What is the quality score of 008040?
Sajodongaone Co Ltd has a Quality Score of 51/100. 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 Sajodongaone Co Ltd (008040)?
Sajodongaone Co Ltd reported trailing-twelve-month revenue of about 682B KRW (latest available figure, as of Sep 5, 2026).
What is the net profit margin of 008040?
The net profit margin of Sajodongaone Co Ltd is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Sajodongaone Co Ltd pay a dividend?
Sajodongaone Co Ltd currently shows a dividend yield of about 2.16% relative to its recent price (as of Sep 5, 2026).
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