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Amorepacific Corporation (090430) Fair Value & Analysis

Consumer Defensive · KR · Market cap 8.6T KRW

AC Amorepacific Corporation 090430 · KO
Price141,800 KRW
Fair Value84,785 KRW
Upside-40.2%
Quality67/100
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Weak Growth
Thin margins · 5.4% net margin
Low debt · generates free cash flow
1.00% dividend yield
Ranks above peers (6/10)
Narrow moat 40/100
Evidence: High Range 63,589 KRW – 105,981 KRW Share as image

Fair value as of: Jul 17, 2026

From 23 valuation models · updated 23 days ago

Share price +14.1% over the past month.

A solid business, but screening 40% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (105,981 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

286,430 KRW 86,991 KRW Fair Value 84,785 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 86,991 KRW – 286,430 KRW · fair‑value band 63,589 KRW – 105,981 KRW · the 141,800 KRW price screens above the 84,785 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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Analysis

Amorepacific Corporation (090430) currently trades at 141,800 KRW, while our model-based Fair Value estimate is 84,785 KRW, implying the stock looks roughly 40.2% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Consumer Defensive 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, Amorepacific Corporation generated revenue of 4.3T KRW at a net margin of 5.4%. Revenue grew 6.4% year over year. It earns a return on equity of 4.4%. Fundamentals as of Jul 17, 2026

Our scenario range runs from 63,589 KRW (bear case) to 105,981 KRW (bull case); at 141,800 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 about 15% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at -40%, 090430 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 BearBaseBull Evidence
Highest evidence
Growth DCF 106,665 KRW 150,144 KRW 212,980 KRW 80
Residual Income 71,330 KRW 71,562 KRW 67,077 KRW 76
Rev-Margin DCF 73,475 KRW 103,070 KRW 135,411 KRW 74
All 23 models by family
DCF Models
FCF DCF 103,588 KRW 150,214 KRW 220,636 KRW 38
Owner Earnings 88,082 KRW 127,127 KRW 186,099 KRW 31
5Y Revenue Exit 73,475 KRW 101,787 KRW 136,159 KRW 39
5Y EBITDA Exit 99,119 KRW 147,648 KRW 201,857 KRW 41
5Y P/E Exit 77,769 KRW 109,467 KRW 140,876 KRW 38
10Y Revenue Exit 81,860 KRW 109,690 KRW 143,451 KRW 36
10Y EBITDA Exit 99,871 KRW 141,497 KRW 192,682 KRW 37
10Y P/E Exit 86,194 KRW 115,017 KRW 146,985 KRW 35
Earnings-Based
Graham-Dodd 27,454 KRW 66,557 KRW 86,015 KRW 54
PEG = 1.0 11,813 KRW 16,876 KRW 21,939 KRW 46
EPV 49,436 KRW 56,709 KRW 63,175 KRW 59
Multiples
P/E Multiple 63,589 KRW 84,785 KRW 105,981 KRW 63
P/S Multiple 51,476 KRW 68,635 KRW 85,794 KRW 58
P/B Multiple 51,476 KRW 68,635 KRW 85,794 KRW 55
EV/EBIT 81,570 KRW 106,020 KRW 130,469 KRW 53
EV/EBITDA 109,086 KRW 142,707 KRW 176,329 KRW 54
EV/Revenue 60,572 KRW 83,008 KRW 105,444 KRW 43
Asset-Based
NCAV (Graham) 46,674 KRW 62,544 KRW 93,349 KRW 50
Growth DCF
Growth DCF 106,665 KRW 150,144 KRW 212,980 KRW 80
Rev-Margin DCF 73,475 KRW 103,070 KRW 135,411 KRW 74
Economic Profit
Residual Income 71,330 KRW 71,562 KRW 67,077 KRW 76
ROIC Compounder 49,436 KRW 56,709 KRW 63,175 KRW 72
Growth Earnings
Growth-Adj P/E 48,562 KRW 69,374 KRW 90,186 KRW 68

Widest divergence: DCF Models (115,017 KRW) versus Earnings-Based (56,709 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.3T KRW
Revenue growth (YoY) +6.4%
Net margin 5.4%
Return on equity 4.4%
Free cash flow 493B KRW FY2025
Operating margin 11.2%
More key figures
Dividend yield 1.2%
EPS growth (YoY) -2.0%

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 67 · Market factors (momentum, volatility) 40

Profitability 43
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 90
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

Amorepacific Corporation researches, develops, manufactures, markets, sells, and trades cosmetics and beauty products worldwide.

Full company description

Amorepacific Corporation researches, develops, manufactures, markets, sells, and trades cosmetics and beauty products worldwide. It offers cosmetics under the Sulwhasoo, Laneige, Innisfree, AP Beauty, Hera, Primera, Iope, Mamonde, Hanyul, espoir, Etude, Odyssey, Be Ready, Holitual, Tata Harper, and Cosrx brands; medical beauty products under the Aestura brand; beauty devices under the maekON brand; and inner beauty products under the VitalBeautie brand. The company also provides hair beauty products under the Ryo, Mise-en-Scène, Labo-H, Ayunche, Amos Professional, and Longtake brands; body care products under the Illiyoon, Hapy Bath, and Skin U brands; dental care products under the Median and Gentist brands; and tea products under the Osulloc brand. In addition, it engages in the manufacture and sale of detergent, and organic and inorganic compounds; manufacture, processing, and trade of food and other products; product packaging and facility management; and equipment design and production. The company is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Amorepacific Corporation reported revenue of 4.3T KRW in FY2025 versus 4.9T KRW in FY2021, a compound −3.3%/yr. Reported net income was 236B KRW in FY2025, compounding +5.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
4.3T KRW
Latest YoY
+9.5%
Avg. growth/yr (3Y)
+0.9%
Avg. growth/yr (5Y)
−0.8%
Avg. growth/yr (19Y)
+9.3%
Revenue −3.3%/yr
FY21 4.9T KRW
FY22 4.1T KRW
FY23 3.7T KRW
FY24 3.9T KRW
FY25 4.3T KRW
Net income +5.0%/yr
FY21 194B KRW
FY22 134B KRW
FY23 180B KRW
FY24 593B KRW
FY25 236B KRW

090430 screens 40% overvalued. Compare with The Procter & Gamble Company →

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Cite: Fair Value Calculator (2026). "Amorepacific Corporation Fair Value". https://www.fairvalue-calculator.com/stock/090430

Peer Group

Household & Personal Products · 244 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 67 · Above median
Fair Value upside −40% · Bottom 25%
Return on equity (TTM) 4% · Below median
Return on assets 3% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 6% · Above median
Dividend yield (TTM) 1.0% · Bottom 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Household & Personal Products 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 28
FUTURE 32 · sector 4
PAST 18 · sector 26
HEALTH 100 · sector 98
DIVIDEND 20 · sector 50

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Unilever PLC ULN 1,080 MXN 1,273 MXN +18%
Hindustan Unilever Limited HINDUNILVR ₹2,144 ₹1,000 -53%
Essity AB ESSITYA kr 279.00 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹1,088 ₹367.64 -66%
Marico Limited MARICO ₹846.75 ₹233.05 -72%
APR Co 278470 375,000 KRW 151,222 KRW -60%
Dabur India Limited DABUR ₹429.45 ₹181.60 -58%
Kimberly-Clark de México, S. A. B. de C. V., KIMBERA 38.07 MXN 50.09 MXN +32%
PT Unilever Indonesia Tbk UNVR 1,730 IDR 1,934 IDR +12%

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Frequently asked questions

Is Amorepacific Corporation (090430) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 84,785 KRW versus a price of 141,800 KRW, about −40% (overvalued).
What is the fair value of 090430?
Our model-based fair value for Amorepacific Corporation is 84,785 KRW (as of Jul 17, 2026), built from audited fundamentals. The current price is 141,800 KRW.
What is the quality score of 090430?
Amorepacific Corporation has a Quality Score of 67/100. 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 Amorepacific Corporation (090430)?
Amorepacific Corporation reported trailing-twelve-month revenue of about 4.3T KRW (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 090430?
The net profit margin of Amorepacific Corporation is about 5.4%, meaning it keeps roughly 5.4% of revenue as net income. Based on the latest reported figures.
Does Amorepacific Corporation pay a dividend?
Amorepacific Corporation currently shows a dividend yield of about 1.15% relative to its recent price (as of Jul 17, 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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