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Kwang Dong Pharmaceutical Co (009290) Fair Value & Analysis

Consumer Defensive · KR · Market cap 296B KRW

KD Kwang Dong Pharmaceutical Co 009290 · KO
Price6,630 KRW
Fair Value6,553 KRW
Upside-1.2%
Quality38/100
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Healthy Growth
Thin margins · 1.3% net margin
Low debt · generates free cash flow
1.70% dividend yield
Trails peers (3/10)
Narrow moat 20/100
Evidence: Medium Range 4,576 KRW – 8,811 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price +5.4% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (4,576 KRW to 8,811 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

10,952 KRW 4,958 KRW Fair Value 6,553 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 4,958 KRW – 10,952 KRW · fair‑value band 4,576 KRW – 8,811 KRW · the 6,630 KRW price screens above the 6,553 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

Kwang Dong Pharmaceutical Co (009290) currently trades at 6,630 KRW, while our model-based Fair Value estimate is 6,553 KRW, implying the stock looks roughly 1.2% fairly valued today. The Quality Score stands at 38/100 (below-average quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Kwang Dong Pharmaceutical Co generated revenue of 1.7T KRW at a net margin of 1.3%. Revenue grew 8.8% year over year. It earns a return on equity of 3.3%. Net debt stands at 145B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 4,576 KRW (bear case) to 8,811 KRW (bull case); at 6,630 KRW, the current price sits within 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 48% below its 52-week high and 22% 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 -1%, 009290 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 15,966 KRW 25,404 KRW 41,384 KRW 80
Residual Income 9,767 KRW 9,568 KRW 8,351 KRW 76
Rev-Margin DCF 10,018 KRW 14,208 KRW 19,263 KRW 74
All 24 models by family
DCF Models
FCF DCF 15,778 KRW 25,212 KRW 40,942 KRW 38
Owner Earnings 4,910 KRW 7,042 KRW 10,597 KRW 31
5Y Revenue Exit 10,018 KRW 14,101 KRW 19,237 KRW 39
5Y EBITDA Exit 12,623 KRW 19,126 KRW 26,787 KRW 41
5Y P/E Exit 10,548 KRW 15,123 KRW 19,958 KRW 38
10Y Revenue Exit 11,671 KRW 16,025 KRW 21,835 KRW 36
10Y EBITDA Exit 13,579 KRW 19,654 KRW 27,904 KRW 37
10Y P/E Exit 12,209 KRW 16,762 KRW 22,415 KRW 35
Earnings-Based
Graham-Dodd 2,871 KRW 10,280 KRW 13,850 KRW 54
Lynch FV 2,424 KRW 3,462 KRW 4,501 KRW 50
PEG = 1.0 2,424 KRW 3,462 KRW 4,501 KRW 46
EPV 6,058 KRW 6,821 KRW 7,499 KRW 59
Multiples
P/E Multiple 6,967 KRW 9,289 KRW 11,611 KRW 63
P/S Multiple 5,383 KRW 7,178 KRW 8,972 KRW 58
P/B Multiple 5,383 KRW 7,178 KRW 8,972 KRW 55
EV/EBIT 9,709 KRW 12,366 KRW 15,023 KRW 53
EV/EBITDA 12,120 KRW 15,580 KRW 19,041 KRW 54
EV/Revenue 7,427 KRW 9,865 KRW 12,303 KRW 43
Asset-Based
NCAV (Graham) 6,601 KRW 8,845 KRW 13,201 KRW 50
Growth DCF
Growth DCF 15,966 KRW 25,404 KRW 41,384 KRW 80
Rev-Margin DCF 10,018 KRW 14,208 KRW 19,263 KRW 74
Economic Profit
Residual Income 9,767 KRW 9,568 KRW 8,351 KRW 76
ROIC Compounder 6,058 KRW 6,821 KRW 7,499 KRW 72
Growth Earnings
Growth-Adj P/E 4,773 KRW 6,818 KRW 8,863 KRW 68

Widest divergence: DCF Models (16,025 KRW) versus Earnings-Based (3,462 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.7T KRW
Revenue growth (YoY) +8.8%
Net margin 1.3%
Return on equity 3.3%
Free cash flow 56.0B KRW FY2025
Operating margin 1.8%
More key figures
Dividend yield 1.6%
EPS growth (YoY) -7.4%
Net debt 145B KRW FY2025

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

Quality Score breakdown

Overall quality 38/100

Of which business quality 43 · Market factors (momentum, volatility) 39

Profitability 41
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 7
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

Kwang Dong Pharmaceutical Co., Ltd. operates as a human healthcare provider in South Korea. It develops and sells OTC drugs in the areas of ophthalmic, mineral preparations, nutritious tonics, antipyretic, analgesic, anti inflammatory agents, circulating system, and vitamins; and ETC drugs in the areas of anti-malignant-tumor agent, obesity drug, appetite …

Full company description

Kwang Dong Pharmaceutical Co., Ltd. operates as a human healthcare provider in South Korea. It develops and sells OTC drugs in the areas of ophthalmic, mineral preparations, nutritious tonics, antipyretic, analgesic, anti inflammatory agents, circulating system, and vitamins; and ETC drugs in the areas of anti-malignant-tumor agent, obesity drug, appetite suppressant, antipyretic, analgesic, anti-inflammatory agents, neuropsychiatric solvent, digestive organ agent, antibiotic, and vitamins. The company also offers supplements for low content vitamin, mineral or vital energy substance and quasi drugs. In addition, it provides blackberry, ginger lonicerae flos, vita gold, and red ginseng gold drinks, as well as offers water, mixed drinks, tea drinks, and other drinks; and traditional health foods. The company offers its products through operation of TV, radio, and print advertising. Kwang Dong Pharmaceutical Co., Ltd. was founded in 1963 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kwang Dong Pharmaceutical Co reported revenue of 1.7T KRW in FY2025 versus 1.3T KRW in FY2021, a compound +5.5%/yr. Reported net income was 21.0B KRW in FY2025, compounding −3.3%/yr from FY2021.

Growth Quality 66/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.7T KRW
Latest YoY
+1.1%
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.
+5.0%
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.
+5.9%
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.
+12.6%
Revenue +5.5%/yr
FY21 1.3T KRW
FY22 1.4T KRW
FY23 1.5T KRW
FY24 1.6T KRW
FY25 1.7T KRW
Net income −3.3%/yr
FY21 24.0B KRW
FY22 24.2B KRW
FY23 37.0B KRW
FY24 40.5B KRW
FY25 21.0B KRW

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Cite: Fair Value Calculator (2026). "Kwang Dong Pharmaceutical Co Fair Value". https://www.fairvalue-calculator.com/stock/009290

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 38 · Bottom 25%
Fair Value upside −1% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 9% · Above median
Dividend yield (TTM) 1.7% · Below median
Debt / equity 0.08× · 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 32 · sector 28
FUTURE 44 · sector 20
PAST 13 · sector 27
HEALTH 96 · sector 96
DIVIDEND 34 · 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 Kwang Dong Pharmaceutical Co (009290) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 6,553 KRW versus a price of 6,630 KRW, about −1% (fairly valued).
What is the fair value of 009290?
Our model-based fair value for Kwang Dong Pharmaceutical Co is 6,553 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 6,630 KRW.
What is the quality score of 009290?
Kwang Dong Pharmaceutical Co has a Quality Score of 38/100. 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 Kwang Dong Pharmaceutical Co (009290)?
Kwang Dong Pharmaceutical Co reported trailing-twelve-month revenue of about 1.7T KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 009290?
The net profit margin of Kwang Dong Pharmaceutical Co is about 1.3%, meaning it keeps roughly 1.3% of revenue as net income. Based on the latest reported figures.
Does Kwang Dong Pharmaceutical Co pay a dividend?
Kwang Dong Pharmaceutical Co currently shows a dividend yield of about 1.59% 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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