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Wooyang Co (103840) Fair Value & Analysis

Consumer Defensive · KR · Market cap 31.1B KRW

WC Wooyang Co 103840 · KQ
Price1,837 KRW
Fair Value1,921 KRW
Upside+4.6%
Quality52/100
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Healthy Growth
Thin margins · 1.1% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 29/100
Evidence: High Range 1,750 KRW – 2,687 KRW Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated 20 days ago

Share price −10.0% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 1,750 KRW (bear) to 2,687 KRW (bull), base 1,921 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 52/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

11,220 KRW 1,666 KRW Fair Value 1,921 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 1,666 KRW – 11,220 KRW · fair‑value band 1,750 KRW – 2,687 KRW · the 1,837 KRW price screens below the 1,921 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.

Full chart & analysis →

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Analysis

Wooyang Co (103840) currently trades at 1,837 KRW, while our model-based Fair Value estimate is 1,921 KRW, implying the stock looks roughly 4.6% fairly valued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Defensive 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: high), always confirm before acting.

Over the trailing twelve months, Wooyang Co generated revenue of 190B KRW at a net margin of 1.1%. Revenue grew 15.4% year over year. It earns a return on equity of 4.4%. Net debt stands at 68.4B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 1,750 KRW (bear case) to 2,687 KRW (bull case); at 1,837 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 69% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at 5%, 103840 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
Growth DCF 4,979 KRW 7,664 KRW 11,485 KRW 80
Rev-Margin DCF 2,784 KRW 4,392 KRW 6,247 KRW 74
ROIC Compounder 1,634 KRW 2,025 KRW 2,368 KRW 72
All 24 models by family
DCF Models
FCF DCF 4,872 KRW 7,884 KRW 12,434 KRW 38
Owner Earnings 4,412 KRW 7,176 KRW 11,352 KRW 31
5Y Revenue Exit 2,784 KRW 4,327 KRW 6,224 KRW 39
5Y EBITDA Exit 3,170 KRW 5,044 KRW 7,167 KRW 41
5Y P/E Exit 2,073 KRW 3,008 KRW 3,937 KRW 38
10Y Revenue Exit 3,417 KRW 4,994 KRW 6,989 KRW 36
10Y EBITDA Exit 3,737 KRW 5,490 KRW 7,703 KRW 37
10Y P/E Exit 3,040 KRW 4,082 KRW 5,255 KRW 35
Earnings-Based
Graham-Dodd 933.17 KRW 2,794 KRW 3,701 KRW 54
Lynch FV 591.74 KRW 845.34 KRW 1,099 KRW 50
PEG = 1.0 591.74 KRW 845.34 KRW 1,099 KRW 46
EPV 1,634 KRW 2,025 KRW 2,368 KRW 59
Multiples
P/E Multiple 1,441 KRW 1,921 KRW 2,402 KRW 63
P/S Multiple 1,750 KRW 2,333 KRW 2,916 KRW 58
P/B Multiple 1,750 KRW 2,333 KRW 2,916 KRW 55
EV/EBIT 1,340 KRW 2,025 KRW 2,711 KRW 53
EV/EBITDA 2,626 KRW 3,741 KRW 4,855 KRW 54
EV/Revenue 1,779 KRW 2,848 KRW 3,917 KRW 43
Asset-Based
NCAV (Graham) 1,418 KRW 1,900 KRW 2,836 KRW 50
Growth DCF
Growth DCF 4,979 KRW 7,664 KRW 11,485 KRW 80
Rev-Margin DCF 2,784 KRW 4,392 KRW 6,247 KRW 74
Economic Profit
Residual Income 2,164 KRW 2,181 KRW 2,067 KRW 61
ROIC Compounder 1,634 KRW 2,025 KRW 2,368 KRW 72
Growth Earnings
Growth-Adj P/E 1,235 KRW 1,764 KRW 2,293 KRW 68

Widest divergence: DCF Models (4,994 KRW) versus Earnings-Based (845.34 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 190B KRW
Revenue growth (YoY) +15.4%
Net margin 1.1%
Return on equity 4.4%
Free cash flow 8.1B KRW FY2025
Operating margin 2.1%
More key figures
EPS growth (YoY) -15.1%
Net debt 68.4B KRW FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 50 · Market factors (momentum, volatility) 15

Profitability 38
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 57
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

Wooyang Co., Ltd. manufactures and sells food products in Korea. It offers frozen fruits, such as strawberry, mango, blueberry, kiwi, etc.; puree made of strawberry, mango, kiwi, blueberry, passion fruit, etc.; and pastes made of sweet potato, chestnut, potato, etc.

Full company description

Wooyang Co., Ltd. manufactures and sells food products in Korea. It offers frozen fruits, such as strawberry, mango, blueberry, kiwi, etc.; puree made of strawberry, mango, kiwi, blueberry, passion fruit, etc.; and pastes made of sweet potato, chestnut, potato, etc. The company also provides beverages made of apple, strawberry, mango, kiwi, etc.; concentrates made of apple, mango, kiwi, blueberry, passion fruit, etc.; and smoothies made of strawberry, mango, pineapple, etc. In addition, it offers frozen vegetables comprising potato, carrot, sweet pumpkin, broccoli, cauliflower, etc.; corn dog products; bakery ingredients, such as sweet potato can, diced apple can, chestnut can, peanut, almond, etc.; and home-meal-replacements, including sweet potato soup, pumpkin soup, curry, seafood risotto, tomato risotto, croquette, etc., as well as Asian food sauces, marinated sauces, dressings, dipping sauces, etc. The company was founded in 1992 and is headquartered in Seocheon-eup, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wooyang Co reported revenue of 184B KRW in FY2025 versus 139B KRW in FY2021, a compound +7.2%/yr. Reported net income was 2.2B KRW in FY2025, compounding +15.1%/yr from FY2021.

Growth Quality 68/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
184B KRW
Latest YoY
+4.3%
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.
+4.0%
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.
+6.7%
Avg. growth/yr (8Y) 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.
+8.5%
Revenue +7.2%/yr
FY21 139B KRW
FY22 163B KRW
FY23 191B KRW
FY24 176B KRW
FY25 184B KRW
Net income +15.1%/yr
FY21 1.3B KRW
FY22 −3.0B KRW
FY23 −3.9B KRW
FY24 −1.3B KRW
FY25 2.2B KRW

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Cite: Fair Value Calculator (2026). "Wooyang Co Fair Value". https://www.fairvalue-calculator.com/stock/103840

Peer Group

Packaged Foods · 649 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 52 · Below median
Fair Value upside +5% · Above median
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 15% · Top 25%
Debt / equity 0.26× · Higher than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 1.0× · 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 39 · sector 28
FUTURE 77 · sector 20
PAST 18 · sector 27
HEALTH 87 · sector 96
DIVIDEND 0 · sector 47

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 Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Wooyang Co (103840) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 1,921 KRW versus a price of 1,837 KRW, about +5% (fairly valued).
What is the fair value of 103840?
Our model-based fair value for Wooyang Co is 1,921 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 1,837 KRW.
What is the quality score of 103840?
Wooyang Co has a Quality Score of 52/100. 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 Wooyang Co (103840)?
Wooyang Co reported trailing-twelve-month revenue of about 190B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 103840?
The net profit margin of Wooyang Co is about 1.1%, meaning it keeps roughly 1.1% 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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