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Sinil Pharmaceutical Co (012790) Fair Value & Analysis

Healthcare · KR · Market cap 60.2B KRW

SP Sinil Pharmaceutical Co 012790 · KQ
Price5,690 KRW
Fair Value8,363 KRW
Upside+47.0%
Quality53/100
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Mixed Growth
Thin margins · 8.5% net margin
Low debt · generates free cash flow
3.65% dividend yield
Ranks above peers (7/10)
Narrow moat 39/100
Evidence: High Range 6,272 KRW – 10,454 KRW Share as image

Fair value as of: Jul 22, 2026

From 25 valuation models · updated 19 days ago

Share price +7.8% over the past month.

A solid business, screening 47% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (6,272 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (53/100) 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)

16,124 KRW 4,900 KRW Fair Value 8,363 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 4,900 KRW – 16,124 KRW · fair‑value band 6,272 KRW – 10,454 KRW · the 5,690 KRW price screens below the 8,363 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

Sinil Pharmaceutical Co (012790) currently trades at 5,690 KRW, while our model-based Fair Value estimate is 8,363 KRW, implying the stock looks roughly 47.0% undervalued today. The Quality Score stands at 53/100 (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, Sinil Pharmaceutical Co generated revenue of 82.2B KRW at a net margin of 8.5%. Revenue grew 8.4% year over year. It earns a return on equity of 4.6%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 6,272 KRW (bear case) to 10,454 KRW (bull case); at 5,690 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 15% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at 47%, 012790 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 7,562 KRW 10,251 KRW 13,917 KRW 80
Residual Income 10,086 KRW 10,182 KRW 9,709 KRW 76
Rev-Margin DCF 6,659 KRW 9,628 KRW 12,811 KRW 74
All 25 models by family
DCF Models
FCF DCF 7,367 KRW 10,254 KRW 14,361 KRW 38
Owner Earnings 9,145 KRW 12,815 KRW 18,034 KRW 31
5Y Revenue Exit 6,659 KRW 9,551 KRW 13,091 KRW 39
5Y EBITDA Exit 6,090 KRW 8,541 KRW 11,241 KRW 41
5Y P/E Exit 7,000 KRW 10,155 KRW 13,279 KRW 38
10Y Revenue Exit 6,698 KRW 9,328 KRW 12,546 KRW 36
10Y EBITDA Exit 6,509 KRW 8,646 KRW 11,200 KRW 37
10Y P/E Exit 7,077 KRW 9,736 KRW 12,682 KRW 35
Earnings-Based
Graham-Dodd 4,430 KRW 10,269 KRW 13,190 KRW 54
PEG = 1.0 1,738 KRW 2,482 KRW 3,227 KRW 46
EPV 6,282 KRW 7,195 KRW 7,993 KRW 59
Dividend Discount
Gordon GGM 1,745 KRW 2,948 KRW 4,386 KRW 70
DDM Multi-Stage 1,745 KRW 2,572 KRW 3,489 KRW 61
Multiples
P/E Multiple 6,841 KRW 9,121 KRW 11,401 KRW 63
P/S Multiple 6,272 KRW 8,363 KRW 10,454 KRW 58
P/B Multiple 8,307 KRW 11,075 KRW 13,844 KRW 55
EV/EBIT 5,598 KRW 7,195 KRW 8,792 KRW 53
EV/EBITDA 6,013 KRW 7,749 KRW 9,485 KRW 54
EV/Revenue 6,620 KRW 9,112 KRW 11,603 KRW 43
Asset-Based
NCAV (Graham) 6,590 KRW 8,830 KRW 13,180 KRW 50
Growth DCF
Growth DCF 7,562 KRW 10,251 KRW 13,917 KRW 80
Rev-Margin DCF 6,659 KRW 9,628 KRW 12,811 KRW 74
Economic Profit
Residual Income 10,086 KRW 10,182 KRW 9,709 KRW 76
ROIC Compounder 6,282 KRW 7,195 KRW 7,993 KRW 72
Growth Earnings
Growth-Adj P/E 5,331 KRW 7,616 KRW 9,900 KRW 68

Widest divergence: Growth DCF (9,628 KRW) versus Dividend Discount (2,572 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 82.2B KRW
Revenue growth (YoY) +8.4%
Net margin 8.5%
Return on equity 4.6%
Free cash flow 7.1B KRW FY2025
Operating margin 6.4%
More key figures
Dividend yield 3.7%
EPS growth (YoY) -28.7%

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 55 · Market factors (momentum, volatility) 48

Profitability 36
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 75
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

Sinil Pharmaceutical Co., Ltd. manufactures and sells pharmaceutical products in South Korea and internationally. It offers pharmaceutical products for various indications, such as pain reliever, anti-inflammatory, hyperlipidemia, skin disease, and folic acid deficiency; and general/specialty drugs, veterinary drugs, and OEM products for various diseases.

Full company description

Sinil Pharmaceutical Co., Ltd. manufactures and sells pharmaceutical products in South Korea and internationally. It offers pharmaceutical products for various indications, such as pain reliever, anti-inflammatory, hyperlipidemia, skin disease, and folic acid deficiency; and general/specialty drugs, veterinary drugs, and OEM products for various diseases. The company also provides cosmetics, including skin care products, etc.; health functional products comprising vitamin supplements; and quasi-drugs for yellow dust, bacteria blocking, etc. In addition, it is involved in the real estate rental services. The company was founded in 1971 and is headquartered in Chungju-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sinil Pharmaceutical Co reported revenue of 80.6B KRW in FY2025 versus 61.8B KRW in FY2021, a compound +6.9%/yr. Reported net income was 7.5B KRW in FY2025, compounding +3.0%/yr from FY2021.

Growth Quality 64/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
80.6B KRW
Latest YoY
−9.9%
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.
+0.2%
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.
+5.6%
Avg. growth/yr (11Y) 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.
+4.8%
Revenue +6.9%/yr
FY21 61.8B KRW
FY22 80.0B KRW
FY23 89.1B KRW
FY24 89.4B KRW
FY25 80.6B KRW
Net income +3.0%/yr
FY21 6.7B KRW
FY22 12.2B KRW
FY23 13.6B KRW
FY24 14.3B KRW
FY25 7.5B KRW

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Cite: Fair Value Calculator (2026). "Sinil Pharmaceutical Co Fair Value". https://www.fairvalue-calculator.com/stock/012790

Peer Group

Drug Manufacturers - Specialty & Generic · 623 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 53 · Above median
Fair Value upside +47% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 2% · Below median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 6% · Below median
Revenue growth 8% · Above median
Dividend yield (TTM) 3.7% · Top 25%

Valuation Multiples vs Drug Manufacturers - Specialty & Generic 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 96 · sector 6
FUTURE 42 · sector 20
PAST 19 · sector 24
HEALTH 100 · sector 97
DIVIDEND 73 · sector 34

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.19 ¥25.94 -51%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,933 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹7,316 ₹1,943 -73%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,763 ₹1,329 -72%
PharmaEssentia Corporation 6446 1,285 TWD 221.01 TWD -83%
Cipla Limited CIPLA ₹1,439 ₹1,001 -30%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,151 ₹703.32 -39%
Lupin Limited LUPIN ₹2,443 ₹2,477 +1%
Mankind Pharma Limited MANKIND ₹2,484 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,211 ₹874.79 -28%

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Frequently asked questions

Is Sinil Pharmaceutical Co (012790) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 8,363 KRW versus a price of 5,690 KRW, about +47% (undervalued).
What is the fair value of 012790?
Our model-based fair value for Sinil Pharmaceutical Co is 8,363 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 5,690 KRW.
What is the quality score of 012790?
Sinil Pharmaceutical Co has a Quality Score of 53/100. 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 Sinil Pharmaceutical Co (012790)?
Sinil Pharmaceutical Co reported trailing-twelve-month revenue of about 82.2B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 012790?
The net profit margin of Sinil Pharmaceutical Co is about 8.5%, meaning it keeps roughly 8.5% of revenue as net income. Based on the latest reported figures.
Does Sinil Pharmaceutical Co pay a dividend?
Sinil Pharmaceutical Co currently shows a dividend yield of about 3.56% 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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