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Daewoong Pharmaceutical Co (069620) Fair Value & Analysis

Healthcare · KR · Market cap 1.4T KRW

DP Daewoong Pharmaceutical Co 069620 · KO
Price129,000 KRW
Fair Value289,368 KRW
Upside+124.3%
Quality48/100
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Mixed Growth
Solidly profitable · 12.6% net margin
Moderate debt · negative free cash flow
0.50% dividend yield
Ranks above peers (6/10)
Moderate moat 53/100
Evidence: Medium Range 217,026 KRW – 361,710 KRW Share as image

Fair value as of: Jul 24, 2026

From 14 valuation models · updated 17 days ago

Share price −4.4% over the past month.

Below-average quality, screening 124% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (217,026 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (48/100) 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)

194,000 KRW 91,039 KRW Fair Value 289,368 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range 91,039 KRW – 194,000 KRW · fair‑value band 217,026 KRW – 361,710 KRW · the 129,000 KRW price screens below the 289,368 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

Full chart & analysis →

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Analysis

Daewoong Pharmaceutical Co (069620) currently trades at 129,000 KRW, while our model-based Fair Value estimate is 289,368 KRW, implying the stock looks roughly 124.3% undervalued today. The Quality Score stands at 48/100 (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: medium), always confirm before acting.

Over the trailing twelve months, Daewoong Pharmaceutical Co generated revenue of 1.6T KRW at a net margin of 12.6%. Revenue grew 6.0% year over year. It earns a return on equity of 19.1%. Net debt stands at 658B KRW. Fundamentals as of Jul 24, 2026

Our scenario range runs from 217,026 KRW (bear case) to 361,710 KRW (bull case); at 129,000 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 35% below its 52-week high and 13% 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 124%, 069620 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 BearBaseBull Evidence
Highest evidence
Residual Income 115,649 KRW 152,772 KRW 615,751 KRW 76
ROIC Compounder 129,585 KRW 179,552 KRW 244,168 KRW 72
Growth-Adj P/E 236,015 KRW 337,165 KRW 438,314 KRW 68
All 14 models by family
Earnings-Based
Graham-Dodd 115,747 KRW 382,798 KRW 512,096 KRW 54
Lynch FV 86,385 KRW 123,407 KRW 160,429 KRW 50
PEG = 1.0 86,385 KRW 123,407 KRW 160,429 KRW 46
EPV 120,754 KRW 147,916 KRW 172,060 KRW 59
Multiples
P/E Multiple 280,857 KRW 374,476 KRW 468,095 KRW 63
P/S Multiple 217,026 KRW 289,368 KRW 361,710 KRW 58
P/B Multiple 217,026 KRW 289,368 KRW 361,710 KRW 55
EV/EBIT 184,887 KRW 257,571 KRW 330,255 KRW 53
EV/EBITDA 193,013 KRW 268,406 KRW 343,799 KRW 54
EV/Revenue 122,464 KRW 189,162 KRW 255,861 KRW 43
Asset-Based
NCAV (Graham) 43,719 KRW 58,584 KRW 87,439 KRW 50
Economic Profit
Residual Income 115,649 KRW 152,772 KRW 615,751 KRW 76
ROIC Compounder 129,585 KRW 179,552 KRW 244,168 KRW 72
Growth Earnings
Growth-Adj P/E 236,015 KRW 337,165 KRW 438,314 KRW 68

Widest divergence: Growth Earnings (337,165 KRW) versus Asset-Based (58,584 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.6T KRW
Revenue growth (YoY) +6.0%
Net margin 12.6%
Return on equity 19.1%
Free cash flow −92.2B KRW FY2025
Operating margin 5.9%
More key figures
Dividend yield 0.5%
EPS growth (YoY) +18.3%
Net debt 658B KRW FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 48 · Market factors (momentum, volatility) 30

Profitability 58
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 20
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 17
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

Daewoong Pharmaceutical Co., Ltd. develops, manufactures and commercializes pharmaceutical products in South Korea and internationally.

Full company description

Daewoong Pharmaceutical Co., Ltd. develops, manufactures and commercializes pharmaceutical products in South Korea and internationally. It offers products in therapeutic areas, such as central nervous system, endocrinology, musculoskeletal, nephrology, antineoplastic, cardiovascular, gastrointestinal, metabolic, antiviral, analgesic, antacid, and digestive diseases, as well as wound, iron supplements, and muti-vitamins. The company also provides COVID-19 PCR kit, COVID-19 IgG/IgM RDT, and viral transport medium medical devices. The company was founded in 1945 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

Daewoong Pharmaceutical Co reported revenue of 1.6T KRW in FY2025 versus 1.2T KRW in FY2021, a compound +8.0%/yr. Reported net income was 196B KRW in FY2025, compounding +67.9%/yr from FY2021.

Growth Quality 47/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.6T KRW
Latest YoY
+10.4%
Avg. growth/yr (3Y)
+7.1%
Avg. growth/yr (5Y)
+8.3%
Avg. growth/yr (18Y)
+6.8%
Revenue +8.0%/yr
FY21 1.2T KRW
FY22 1.3T KRW
FY23 1.4T KRW
FY24 1.4T KRW
FY25 1.6T KRW
Net income +67.9%/yr
FY21 24.7B KRW
FY22 42.2B KRW
FY23 122B KRW
FY24 24.7B KRW
FY25 196B KRW

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Cite: Fair Value Calculator (2026). "Daewoong Pharmaceutical Co Fair Value". https://www.fairvalue-calculator.com/stock/069620

Peer Group

Drug Manufacturers - Specialty & Generic · 626 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 48 · Below median
Fair Value upside +124% · Top 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 5% · Above median
Net margin (TTM) 13% · Above median
Operating margin (TTM) 6% · Below median
Revenue growth 6% · Above median
Dividend yield (TTM) 0.5% · Below median
Debt / equity 0.55× · Higher than 75% of peers

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

EV/EBITDA 1.6× · 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 7
FUTURE 30 · sector 20
PAST 76 · sector 23
HEALTH 73 · sector 97
DIVIDEND 10 · 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 24, 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 Daewoong Pharmaceutical Co (069620) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 289,368 KRW versus a price of 129,000 KRW, about +124% (undervalued).
What is the fair value of 069620?
Our model-based fair value for Daewoong Pharmaceutical Co is 289,368 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 129,000 KRW.
What is the quality score of 069620?
Daewoong Pharmaceutical Co has a Quality Score of 48/100. 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 Daewoong Pharmaceutical Co (069620)?
Daewoong Pharmaceutical Co reported trailing-twelve-month revenue of about 1.6T KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 069620?
The net profit margin of Daewoong Pharmaceutical Co is about 12.6%, meaning it keeps roughly 12.6% of revenue as net income. Based on the latest reported figures.
Does Daewoong Pharmaceutical Co pay a dividend?
Daewoong Pharmaceutical Co currently shows a dividend yield of about 0.50% relative to its recent price (as of Jul 24, 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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