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MEKICS Co Ltd (058110) Fair Value & Analysis

Healthcare · KR · Market cap 27.5B KRW

MC MEKICS Co Ltd 058110 · KQ
Price1,784 KRW
Fair Value1,581 KRW
Upside-11.4%
Quality49/100
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Weak Growth
Thin margins · 3.2% net margin
Low debt · negative free cash flow
Trails peers (2/7)
Narrow moat 16/100
Evidence: Low Range 1,180 KRW – 2,360 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 6 days ago

Fair value updated Aug 13, 2026, revised from 1,584 KRW to 1,581 KRW (−0.2%) since Jul 22, 2026. Share price −1.4% over the past month.

Below-average quality, and screening another 11% overvalued on our models.

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What matters now

  • A fairly wide model range (1,180 KRW to 2,360 KRW) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

18,125 KRW 1,486 KRW Fair Value 1,581 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 1,486 KRW – 18,125 KRW · fair‑value band 1,180 KRW – 2,360 KRW · the 1,784 KRW price screens above the 1,581 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

MEKICS Co Ltd (058110) currently trades at 1,784 KRW, while our model-based Fair Value estimate is 1,581 KRW, implying the stock looks roughly 11.4% overvalued today. The Quality Score stands at 49/100 (below-average 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: low).

Over the trailing twelve months, MEKICS Co Ltd generated revenue of 33.2B KRW at a net margin of 3.2%. Revenue declined 56.3% year over year. Net debt stands at 12.5B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,180 KRW (bear case) to 2,360 KRW (bull case); at 1,784 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 55% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -26% fair-value upside, at -11%, 058110 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
NCAV (Graham) 1,182 KRW 1,584 KRW 2,365 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 1,182 KRW 1,584 KRW 2,365 KRW 50

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Key figures & financial health

Revenue (TTM) 33.2B KRW
Revenue growth (YoY) -56.3%
Net margin 3.2%
Return on equity -2,189%
Free cash flow −2.6B KRW FY2025
Operating margin -2.8%
More key figures
EPS growth (YoY) +4.9%
Net debt 12.5B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 45 · Market factors (momentum, volatility) 28

Profitability 5
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 84
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

MEKICS CO., Ltd develops and commercializes ventilators worldwide. It offers general-purpose ventilators, respiratory care devices, patient monitoring systems, pulse oximeter, central monitoring system, and high flow nasal therapy products. The company also distributes CPAP solutions that care sleep apnea syndrome and snoring.

Full company description

MEKICS CO., Ltd develops and commercializes ventilators worldwide. It offers general-purpose ventilators, respiratory care devices, patient monitoring systems, pulse oximeter, central monitoring system, and high flow nasal therapy products. The company also distributes CPAP solutions that care sleep apnea syndrome and snoring. MEKICS CO., Ltd was founded in 1998 and is headquartered in Paju, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MEKICS Co Ltd reported revenue of 11.3B KRW in FY2025 versus 49.3B KRW in FY2021, a compound −30.8%/yr. Reported net income was −2.5B KRW in FY2025.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
11.3B KRW
Latest YoY
−0.7%
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.
−26.8%
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.
−30.2%
Avg. growth/yr (10Y) 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.
+2.3%
Revenue −30.8%/yr
FY21 49.3B KRW
FY22 28.8B KRW
FY23 13.3B KRW
FY24 11.4B KRW
FY25 11.3B KRW
Net income
FY21 9.5B KRW
FY22 −2.7B KRW
FY23 −16.1B KRW
FY24 −10.2B KRW
FY25 −2.5B KRW

058110 screens 11% overvalued. Compare with InBody Co →

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Cite: Fair Value Calculator (2026). "MEKICS Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/058110

Peer Group

Health Care · 2296 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 45 · Below median
Fair Value upside −11% · Above median
Return on assets -1% · Below median
Net margin (TTM) 3% · Above median
Operating margin (TTM) -3% · Bottom 25%
Revenue growth -56% · Bottom 25%
Debt / equity 0.11× · Higher than median

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
VALUE18 · sector 0
FUTURE0 · sector 21
PAST0 · sector 13
HEALTH95 · sector 96
DIVIDEND0 · sector 32

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 Aug 13, 2026).

Stock Price Fair Value vs Fair Value
InBody Co 041830 67,400 KRW 49,984 KRW -26%
i-SENS, Inc 099190 18,480 KRW 8,168 KRW -56%
Value Added Technology Co 043150 20,950 KRW 60,242 KRW +188%
Mediana Co 041920 10,070 KRW 6,289 KRW -38%
Meta Biomed Co 059210 3,980 KRW 9,268 KRW +133%
Sewoon Medical Co 100700 2,300 KRW 6,054 KRW +163%
CU Medical Systems, Inc 115480 2,195 KRW 1,134 KRW -48%
PeopleBio, Inc 304840 561.00 KRW 504.98 KRW -10%
Novartis AG NVSN 2,742 MXN 1,964 MXN -28%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,944 ₹989.50 -49%

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Frequently asked questions

Is MEKICS Co Ltd (058110) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1,581 KRW versus a price of 1,784 KRW, about −11% (overvalued).
What is the fair value of 058110?
Our model-based fair value for MEKICS Co Ltd is 1,581 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 1,784 KRW.
What is the quality score of 058110?
MEKICS Co Ltd has a Quality Score of 49/100. 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 MEKICS Co Ltd (058110)?
MEKICS Co Ltd reported trailing-twelve-month revenue of about 33.2B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 058110?
The net profit margin of MEKICS Co Ltd is about 3.2%, meaning it keeps roughly 3.2% of revenue as net income. Based on the latest reported figures.

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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