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Sam-A Pharm. Co (009300) Fair Value & Analysis

Healthcare · KR · Market cap 75.9B KRW

SA Sam-A Pharm. Co 009300 · KQ
Price13,470 KRW
Fair Value31,159 KRW
Upside+131.3%
Quality58/100
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Mixed Growth
Solidly profitable · 14.6% net margin
Low debt · generates free cash flow
4.99% dividend yield
Ranks above peers (9/9)
Moderate moat 64/100
Evidence: High Range 25,372 KRW – 41,622 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price +5.1% over the past month.

A solid business, screening 131% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (25,372 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.
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Price vs Fair Value (5 years)

32,676 KRW 11,461 KRW Fair Value 31,159 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 11,461 KRW – 32,676 KRW · fair‑value band 25,372 KRW – 41,622 KRW · the 13,470 KRW price screens below the 31,159 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

Sam-A Pharm. Co (009300) currently trades at 13,470 KRW, while our model-based Fair Value estimate is 31,159 KRW, implying the stock looks roughly 131.3% 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, Sam-A Pharm. Co generated revenue of 75.5B KRW at a net margin of 14.6%. Revenue grew 76.2% year over year. Fundamentals as of Jul 22, 2026

Our scenario range runs from 25,372 KRW (bear case) to 41,622 KRW (bull case); at 13,470 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 26% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -20% fair-value upside, at 131%, 009300 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 16,436 KRW 22,212 KRW 30,321 KRW 80
Residual Income 29,251 KRW 30,031 KRW 29,936 KRW 76
Rev-Margin DCF 15,939 KRW 23,676 KRW 31,986 KRW 74
All 24 models by family
DCF Models
FCF DCF 15,915 KRW 21,985 KRW 30,895 KRW 38
Owner Earnings 27,859 KRW 38,697 KRW 54,603 KRW 31
5Y Revenue Exit 15,939 KRW 23,470 KRW 32,906 KRW 39
5Y EBITDA Exit 21,215 KRW 32,653 KRW 45,645 KRW 41
5Y P/E Exit 25,506 KRW 40,121 KRW 54,916 KRW 38
10Y Revenue Exit 15,336 KRW 21,993 KRW 29,931 KRW 36
10Y EBITDA Exit 19,064 KRW 28,130 KRW 38,943 KRW 37
10Y P/E Exit 21,724 KRW 33,121 KRW 45,500 KRW 35
Earnings-Based
Graham-Dodd 14,417 KRW 29,188 KRW 36,740 KRW 54
EPV 14,804 KRW 17,154 KRW 19,210 KRW 59
Dividend Discount
Gordon GGM 7,345 KRW 10,666 KRW 14,116 KRW 70
DDM Multi-Stage 7,345 KRW 10,376 KRW 13,876 KRW 61
Multiples
P/E Multiple 34,982 KRW 46,643 KRW 58,303 KRW 63
P/S Multiple 27,032 KRW 36,042 KRW 45,053 KRW 58
P/B Multiple 27,032 KRW 36,042 KRW 45,053 KRW 55
EV/EBIT 23,640 KRW 31,285 KRW 38,930 KRW 53
EV/EBITDA 27,863 KRW 36,916 KRW 45,969 KRW 54
EV/Revenue 17,074 KRW 24,090 KRW 31,105 KRW 43
Asset-Based
NCAV (Graham) 18,687 KRW 25,041 KRW 37,375 KRW 50
Growth DCF
Growth DCF 16,436 KRW 22,212 KRW 30,321 KRW 80
Rev-Margin DCF 15,939 KRW 23,676 KRW 31,986 KRW 74
Economic Profit
Residual Income 29,251 KRW 30,031 KRW 29,936 KRW 76
ROIC Compounder 14,804 KRW 17,154 KRW 19,210 KRW 72
Growth Earnings
Growth-Adj P/E 25,372 KRW 36,246 KRW 47,120 KRW 68

Widest divergence: Growth Earnings (36,246 KRW) versus Dividend Discount (10,376 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 75.5B KRW
Revenue growth (YoY) +76.2%
Net margin 14.6%
Return on equity 890%
Free cash flow 8.9B KRW FY2025
Operating margin 22.7%
More key figures
Dividend yield 5.0%
EPS growth (YoY) +569%

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 56 · Market factors (momentum, volatility) 37

Profitability 39
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 16
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

Sam-A Pharm. Co., Ltd operates as a pharmaceutical company in South Korea. The company offers a range of pharmaceutical products in the areas of respiratory, anti-biotics, anti-virals, anti-histamines, anti-fungals, dermatology, pain/inflammation, gastrointestinal, cardiovascular, metabolism, urological, and steroids, as well as psychotropic agents; and OTC …

Full company description

Sam-A Pharm. Co., Ltd operates as a pharmaceutical company in South Korea. The company offers a range of pharmaceutical products in the areas of respiratory, anti-biotics, anti-virals, anti-histamines, anti-fungals, dermatology, pain/inflammation, gastrointestinal, cardiovascular, metabolism, urological, and steroids, as well as psychotropic agents; and OTC products in the areas of respiratory, ant-analgesics, gastro-intestinal, topical, oral, and anti-histamines. It also provides NOMA MEGAFFECT for stress relief, eye care, memory and blood lipid concentration enhancement, endurance enhancement, and the supply of vitamins and minerals; and NOMA-F gummy, NOMA CHEWABLE tablet, and NOMA GOLD chewable tablet for growth promotion, enhancement of nutritional deficiency, and supply of vitamins. Sam-A Pharm. Co., Ltd was founded in 1945 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

Sam-A Pharm. Co reported revenue of 77.8B KRW in FY2025 versus 54.7B KRW in FY2021, a compound +9.2%/yr. Reported net income was 12.9B KRW in FY2025, compounding +39.8%/yr from FY2021.

Growth Quality 71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
77.8B KRW
Latest YoY
−18.6%
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.
−1.6%
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.
+7.7%
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.
+2.4%
Revenue +9.2%/yr
FY21 54.7B KRW
FY22 81.7B KRW
FY23 97.2B KRW
FY24 95.6B KRW
FY25 77.8B KRW
Net income +39.8%/yr
FY21 3.4B KRW
FY22 11.9B KRW
FY23 21.4B KRW
FY24 22.1B KRW
FY25 12.9B KRW

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Cite: Fair Value Calculator (2026). "Sam-A Pharm. Co Fair Value". https://www.fairvalue-calculator.com/stock/009300

Peer Group

Pharmaceuticals · 25 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 · Top 25%
Fair Value upside +131% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth 76% · Top 25%
Dividend yield (TTM) 5.0% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Pharmaceuticals 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 100 · sector 60
PAST 0 · sector 0
HEALTH 100 · sector 96
DIVIDEND 100 · sector 28

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 Pharmaceuticals stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
GlaxoSmithKline Pharmaceuticals Limited 500660 ₹2,653 ₹1,471 -45%
Caregen Co 214370 62,700 KRW 7,277 KRW -88%
ST Pharm Co 237690 123,600 KRW 50,110 KRW -59%
Oscotec Inc 039200 31,050 KRW 25,062 KRW -19%
DongKook Pharmaceutical Co 086450 18,350 KRW 32,142 KRW +75%
Kolon Life Science Inc 102940 30,100 KRW 37,195 KRW +24%
Huons Global Co 084110 23,800 KRW 58,482 KRW +146%
BINEX Co 053030 6,350 KRW 1,844 KRW -71%
Anterogen.Co.,Ltd., a bio-venture company, 065660 16,810 KRW 4,741 KRW -72%
EURO EURO 1.09 PHP 0.8700 PHP -20%

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Frequently asked questions

Is Sam-A Pharm. Co (009300) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 31,159 KRW versus a price of 13,470 KRW, about +131% (undervalued).
What is the fair value of 009300?
Our model-based fair value for Sam-A Pharm. Co is 31,159 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 13,470 KRW.
What is the quality score of 009300?
Sam-A Pharm. 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 Sam-A Pharm. Co (009300)?
Sam-A Pharm. Co reported trailing-twelve-month revenue of about 75.5B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 009300?
The net profit margin of Sam-A Pharm. Co is about 14.6%, meaning it keeps roughly 14.6% of revenue as net income. Based on the latest reported figures.
Does Sam-A Pharm. Co pay a dividend?
Sam-A Pharm. Co currently shows a dividend yield of about 4.99% 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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