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InBody Co (041830) Fair Value & Analysis

Healthcare · KR · Market cap 723B KRW

IC InBody Co 041830 · KQ
Price70,000 KRW
Fair Value49,984 KRW
Upside-28.6%
Quality71/100
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Healthy Growth
Highly profitable · 23.5% net margin
Low debt · generates free cash flow
1.81% dividend yield
Ranks above peers (9/9)
Wide moat 79/100
Evidence: High Range 37,377 KRW – 61,591 KRW Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated 21 days ago

Share price +33.3% over the past month.

A solid business, but screening 29% overvalued on our models.

What matters now

  • A high-quality business (quality 71/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (61,591 KRW). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

70,800 KRW 16,777 KRW Fair Value 49,984 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 16,777 KRW – 70,800 KRW · fair‑value band 37,377 KRW – 61,591 KRW · the 70,000 KRW price screens above the 49,984 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

InBody Co (041830) currently trades at 70,000 KRW, while our model-based Fair Value estimate is 49,984 KRW, implying the stock looks roughly 28.6% overvalued today. The Quality Score stands at 71/100 (solid quality), in the Healthcare 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: high).

Over the trailing twelve months, InBody Co generated revenue of 155B KRW at a net margin of 23.5%. Revenue grew 17.7% year over year. Fundamentals as of Jul 20, 2026

Our scenario range runs from 37,377 KRW (bear case) to 61,591 KRW (bull case); at 70,000 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. The share trades near its 52-week high and 213% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -11% fair-value upside, at -29%, 041830 screens richer 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 34,154 KRW 66,907 KRW 120,588 KRW 80
Residual Income 20,849 KRW 23,195 KRW 39,036 KRW 76
Rev-Margin DCF 30,607 KRW 53,052 KRW 83,944 KRW 74
All 24 models by family
DCF Models
FCF DCF 34,788 KRW 64,225 KRW 131,593 KRW 38
Owner Earnings 38,592 KRW 75,163 KRW 147,229 KRW 31
5Y Revenue Exit 30,607 KRW 53,950 KRW 86,918 KRW 39
5Y EBITDA Exit 36,496 KRW 66,831 KRW 106,709 KRW 41
5Y P/E Exit 37,949 KRW 70,010 KRW 108,675 KRW 38
10Y Revenue Exit 30,800 KRW 54,435 KRW 93,607 KRW 36
10Y EBITDA Exit 35,850 KRW 64,430 KRW 111,577 KRW 37
10Y P/E Exit 36,860 KRW 66,897 KRW 113,362 KRW 35
Earnings-Based
Graham-Dodd 15,450 KRW 86,595 KRW 120,273 KRW 54
Lynch FV 24,238 KRW 34,626 KRW 45,013 KRW 50
PEG = 1.0 24,238 KRW 34,626 KRW 45,013 KRW 46
EPV 26,955 KRW 31,065 KRW 34,718 KRW 59
Multiples
P/E Multiple 37,488 KRW 49,984 KRW 62,481 KRW 63
P/S Multiple 28,968 KRW 38,624 KRW 48,280 KRW 58
P/B Multiple 28,968 KRW 38,624 KRW 48,280 KRW 55
EV/EBIT 38,420 KRW 50,006 KRW 61,591 KRW 53
EV/EBITDA 38,993 KRW 50,769 KRW 62,545 KRW 54
EV/Revenue 28,471 KRW 39,102 KRW 49,733 KRW 43
Asset-Based
NCAV (Graham) 11,787 KRW 15,795 KRW 23,575 KRW 50
Growth DCF
Growth DCF 34,154 KRW 66,907 KRW 120,588 KRW 80
Rev-Margin DCF 30,607 KRW 53,052 KRW 83,944 KRW 74
Economic Profit
Residual Income 20,849 KRW 23,195 KRW 39,036 KRW 76
ROIC Compounder 29,326 KRW 41,848 KRW 53,523 KRW 72
Growth Earnings
Growth-Adj P/E 37,167 KRW 53,096 KRW 69,025 KRW 68

Widest divergence: DCF Models (64,430 KRW) versus Asset-Based (15,795 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 155B KRW
Revenue growth (YoY) +17.7%
Net margin 23.5%
Return on equity 1,191%
Free cash flow 28.4B KRW FY2025
Operating margin 24.5%
More key figures
Dividend yield 1.8%
EPS growth (YoY) +30.2%

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 68 · Market factors (momentum, volatility) 83

Profitability 59
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 100
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

InBody Co.,Ltd provides body composition analysis solutions worldwide. The company offers body composition analyzers, blood pressure monitors, stadiometers, and body water analyzers, as well as InBody dial and bands. Its products are used in nephrology, liver disease, diabetes, nutrition, and rehabilitation applications.

Full company description

InBody Co.,Ltd provides body composition analysis solutions worldwide. The company offers body composition analyzers, blood pressure monitors, stadiometers, and body water analyzers, as well as InBody dial and bands. Its products are used in nephrology, liver disease, diabetes, nutrition, and rehabilitation applications. The company was formerly known as Biospace Co., Ltd. InBody Co.,Ltd was founded in 1996 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

InBody Co reported revenue of 234B KRW in FY2025 versus 138B KRW in FY2021, a compound +14.1%/yr. Reported net income was 30.6B KRW in FY2025, compounding −2.6%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
234B KRW
Latest YoY
+14.4%
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.
+13.5%
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.
+16.9%
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.
+15.4%
Revenue +14.1%/yr
FY21 138B KRW
FY22 160B KRW
FY23 170B KRW
FY24 204B KRW
FY25 234B KRW
Net income −2.6%/yr
FY21 34.0B KRW
FY22 33.8B KRW
FY23 36.7B KRW
FY24 33.1B KRW
FY25 30.6B KRW

041830 screens 29% overvalued. Compare with i-SENS, Inc →

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Cite: Fair Value Calculator (2026). "InBody Co Fair Value". https://www.fairvalue-calculator.com/stock/041830

Peer Group

Health Care · 2227 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Healthcare Equipment & Supplies” was too small, so the broader sector is used.)

Quality Score 71 · Top 25%
Fair Value upside −29% · Above median
Return on assets 11% · Top 25%
Net margin (TTM) 24% · Top 25%
Operating margin (TTM) 24% · Top 25%
Revenue growth 18% · Top 25%
Dividend yield (TTM) 1.8% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Health Care 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 0 · sector 0
FUTURE 89 · sector 21
PAST 0 · sector 13
HEALTH 100 · sector 96
DIVIDEND 36 · sector 33

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Healthcare Equipment & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
i-SENS, Inc 099190 15,270 KRW 8,168 KRW -47%
Value Added Technology Co 043150 16,800 KRW 60,242 KRW +259%
Mediana Co 041920 8,940 KRW 6,289 KRW -30%
Meta Biomed Co 059210 3,830 KRW 9,875 KRW +158%
Sewoon Medical Co 100700 2,245 KRW 6,054 KRW +170%
MEDIC MEDIC 0.2100 PHP 0.1400 PHP -33%
MEKICS CO., Ltd 058110 1,780 KRW 1,584 KRW -11%
CU Medical Systems, Inc 115480 1,753 KRW 1,134 KRW -35%
PeopleBio, Inc 304840 857.00 KRW 905.70 KRW +6%
Novartis AG NVSN 2,742 MXN 2,379 MXN -13%

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Frequently asked questions

Is InBody Co (041830) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 49,984 KRW versus a price of 70,000 KRW, about −29% (overvalued).
What is the fair value of 041830?
Our model-based fair value for InBody Co is 49,984 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 70,000 KRW.
What is the quality score of 041830?
InBody Co has a Quality Score of 71/100. 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 InBody Co (041830)?
InBody Co reported trailing-twelve-month revenue of about 155B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 041830?
The net profit margin of InBody Co is about 23.5%, meaning it keeps roughly 23.5% of revenue as net income. Based on the latest reported figures.
Does InBody Co pay a dividend?
InBody Co currently shows a dividend yield of about 1.81% relative to its recent price (as of Jul 20, 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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