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CMG Pharmaceutical Co. Ltd (058820) Fair Value & Analysis

Healthcare · KR · Market cap 118B KRW

CP CMG Pharmaceutical Co. Ltd 058820 · KQ
Price601.00 KRW
Fair Value829.71 KRW
Upside+38.1%
Quality29/100
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Expensive Growth
Loss-making · -7.6% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 12/100
Evidence: Low Range 619.19 KRW – 1,238 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 913.42 KRW to 829.71 KRW (−9.2%) since Jul 22, 2026. Share price −24.8% over the past month.

Below-average quality, screening 38% undervalued on our models.

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What matters now

  • The large discount to fair value meets weak quality (29/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (619.19 KRW). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (619.19 KRW to 1,238 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

5,510 KRW 601.00 KRW Fair Value 829.71 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 601.00 KRW – 5,510 KRW · fair‑value band 619.19 KRW – 1,238 KRW · the 601.00 KRW price screens below the 829.71 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.

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Analysis

CMG Pharmaceutical Co. Ltd (058820) currently trades at 601.00 KRW, while our model-based Fair Value estimate is 829.71 KRW, implying the stock looks roughly 38.1% undervalued today. The Quality Score stands at 29/100 (below-average 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: low), always confirm before acting.

Over the trailing twelve months, CMG Pharmaceutical Co. Ltd generated revenue of 110B KRW at a net margin of -7.6%. Revenue grew 23.7% year over year. It earns a return on equity of -4.3%. Net debt stands at 65.6B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 619.19 KRW (bear case) to 1,238 KRW (bull case); at 601.00 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 73% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at 38%, 058820 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) 681.66 KRW 913.42 KRW 1,363 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 681.66 KRW 913.42 KRW 1,363 KRW 50

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Key figures & financial health

Revenue (TTM) 110B KRW
Revenue growth (YoY) +23.7%
Net margin -7.6%
Return on equity -4.3%
Free cash flow −44.0B KRW FY2025
Operating margin -11.5%
More key figures
EPS growth (YoY) +6.2%
Net debt 65.6B KRW FY2025

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

Quality Score breakdown

Overall quality 29/100

Of which business quality 31 · Market factors (momentum, volatility) 18

Profitability 12
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 39
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

CMG Pharmaceutical Co., Ltd., a pharmaceutical company, develops and sells oral thin film (OTF) pharmaceuticals in South Korea. It offers Tadalafil OTF products for erectile dysfunction; Entecavir OTF products to treat hepatitis type B; Aripiprazole OTF products for schizophrenia; and Montelukast OTF products to treat asthma and allergic rhinitis.

Full company description

CMG Pharmaceutical Co., Ltd., a pharmaceutical company, develops and sells oral thin film (OTF) pharmaceuticals in South Korea. It offers Tadalafil OTF products for erectile dysfunction; Entecavir OTF products to treat hepatitis type B; Aripiprazole OTF products for schizophrenia; and Montelukast OTF products to treat asthma and allergic rhinitis. CMG Pharmaceutical Co. Ltd. has a strategic collaboration agreement with Handok Inc. for cancer treatment. The company was formerly known as Skynewpharm Co Ltd and changed its name to CMG Pharmaceutical CO., Ltd. in April 2013. CMG Pharmaceutical Co., Ltd. was founded in 2001 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

CMG Pharmaceutical Co. Ltd reported revenue of 105B KRW in FY2025 versus 69.5B KRW in FY2021, a compound +10.9%/yr. Reported net income was −10.1B KRW in FY2025.

Growth Quality 30/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
105B KRW
Latest YoY
+6.2%
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.
+8.6%
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.
+10.3%
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.
+13.6%
Revenue +10.9%/yr
FY21 69.5B KRW
FY22 82.2B KRW
FY23 93.9B KRW
FY24 99.1B KRW
FY25 105B KRW
Net income
FY21 3.2B KRW
FY22 −388M KRW
FY23 6.5B KRW
FY24 2.7B KRW
FY25 −10.1B KRW

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Cite: Fair Value Calculator (2026). "CMG Pharmaceutical Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/058820

Peer Group

Drug Manufacturers - Specialty & Generic · 633 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 31 · Bottom 25%
Fair Value upside +38% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth 24% · Top 25%
Debt / equity 0.18× · 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
VALUE84 · sector 4
FUTURE100 · sector 20
PAST0 · sector 23
HEALTH91 · sector 96
DIVIDEND0 · sector 29

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 Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.76 ¥25.94 -52%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,944 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹8,525 ₹1,228 -86%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,915 ₹1,163 -76%
PharmaEssentia Corporation 6446 1,440 TWD 233.93 TWD -84%
Cipla Limited CIPLA ₹1,463 ₹1,001 -32%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,167 ₹703.32 -40%
Lupin Limited LUPIN ₹2,281 ₹2,477 +9%
Mankind Pharma Limited MANKIND ₹2,433 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,200 ₹874.79 -27%

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Frequently asked questions

Is CMG Pharmaceutical Co. Ltd (058820) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 829.71 KRW versus a price of 601.00 KRW, about +38% (undervalued).
What is the fair value of 058820?
Our model-based fair value for CMG Pharmaceutical Co. Ltd is 829.71 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 601.00 KRW.
What is the quality score of 058820?
CMG Pharmaceutical Co. Ltd has a Quality Score of 29/100. 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 CMG Pharmaceutical Co. Ltd (058820)?
CMG Pharmaceutical Co. Ltd reported trailing-twelve-month revenue of about 110B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 058820?
The net profit margin of CMG Pharmaceutical Co. Ltd is about -7.6%, meaning it is currently running at a net loss. 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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