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OPTUS Pharmaceutical Co (131030) Fair Value & Analysis

Healthcare · KR · Market cap 85.7B KRW

OP OPTUS Pharmaceutical Co 131030 · KQ
Price6,050 KRW
Fair Value12,160 KRW
Upside+101.0%
Quality52/100
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Expensive Growth
Solidly profitable · 13.9% net margin
Low debt · negative free cash flow
Ranks above peers (7/8)
Narrow moat 44/100
Evidence: High Range 9,120 KRW – 15,200 KRW Share as image

Fair value as of: Jul 22, 2026

From 16 valuation models · updated 19 days ago

Share price +1.2% over the past month.

A solid business, screening 101% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (9,120 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) 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)

19,260 KRW 4,585 KRW Fair Value 12,160 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 4,585 KRW – 19,260 KRW · fair‑value band 9,120 KRW – 15,200 KRW · the 6,050 KRW price screens below the 12,160 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

OPTUS Pharmaceutical Co (131030) currently trades at 6,050 KRW, while our model-based Fair Value estimate is 12,160 KRW, implying the stock looks roughly 101.0% undervalued today. The Quality Score stands at 52/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, OPTUS Pharmaceutical Co generated revenue of 91.6B KRW at a net margin of 13.9%. Revenue grew 23.8% year over year. It earns a return on equity of 7.9%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 9,120 KRW (bear case) to 15,200 KRW (bull case); at 6,050 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 71% below its 52-week high and 11% 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 101%, 131030 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
Residual Income 8,365 KRW 8,754 KRW 9,322 KRW 76
ROIC Compounder 4,168 KRW 4,646 KRW 5,064 KRW 72
Gordon GGM 882.36 KRW 1,835 KRW 2,910 KRW 70
All 16 models by family
Earnings-Based
Graham-Dodd 4,864 KRW 17,037 KRW 22,910 KRW 54
Lynch FV 3,971 KRW 5,672 KRW 7,374 KRW 50
PEG = 1.0 3,971 KRW 5,672 KRW 7,374 KRW 46
EPV 4,168 KRW 4,646 KRW 5,064 KRW 59
Dividend Discount
Gordon GGM 882.36 KRW 1,835 KRW 2,910 KRW 70
DDM Multi-Stage 882.36 KRW 1,543 KRW 1,925 KRW 61
Multiples
P/E Multiple 11,802 KRW 15,736 KRW 19,670 KRW 63
P/S Multiple 9,120 KRW 12,160 KRW 15,200 KRW 58
P/B Multiple 9,120 KRW 12,160 KRW 15,200 KRW 55
EV/EBIT 8,428 KRW 10,804 KRW 13,179 KRW 53
EV/EBITDA 10,284 KRW 13,278 KRW 16,272 KRW 54
EV/Revenue 6,388 KRW 8,568 KRW 10,748 KRW 43
Asset-Based
NCAV (Graham) 5,196 KRW 6,962 KRW 10,392 KRW 50
Economic Profit
Residual Income 8,365 KRW 8,754 KRW 9,322 KRW 76
ROIC Compounder 4,168 KRW 4,646 KRW 5,064 KRW 72
Growth Earnings
Growth-Adj P/E 10,125 KRW 14,464 KRW 18,803 KRW 68

Widest divergence: Growth Earnings (14,464 KRW) versus Dividend Discount (1,543 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 91.6B KRW
Revenue growth (YoY) +23.8%
Net margin 13.9%
Return on equity 7.9%
Free cash flow −28.8B KRW FY2025
Operating margin 12.5%
More key figures
EPS growth (YoY) +94.2%

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 54 · Market factors (momentum, volatility) 19

Profitability 42
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 80
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

OPTUS Pharmaceutical Co., Ltd. provides ophthalmic solutions in South Korea. The company offers dry eye preparation, antibiotics, anti-allergic preparation, steroids preparation, glaucoma treatment, and retinopathy treatment products.

Full company description

OPTUS Pharmaceutical Co., Ltd. provides ophthalmic solutions in South Korea. The company offers dry eye preparation, antibiotics, anti-allergic preparation, steroids preparation, glaucoma treatment, and retinopathy treatment products. It also provides ETC, OTC, cosmetics, healthcare, and other products, as well as single-dose unit eye drops and eye care products under OEU& brand name. The company was formerly known as DHP Korea Co., Ltd. OPTUS Pharmaceutical Co., Ltd. was founded in 2002 and is headquartered in Cheongju, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

OPTUS Pharmaceutical Co reported revenue of 87.2B KRW in FY2025 versus 57.3B KRW in FY2021, a compound +11.0%/yr. Reported net income was 11.4B KRW in FY2025, compounding +3.5%/yr from FY2021.

Growth Quality 42/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
87.2B KRW
Latest YoY
+6.4%
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.
+14.1%
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.
+7.5%
Avg. growth/yr (11Y) 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.
+9.4%
Revenue +11.0%/yr
FY21 57.3B KRW
FY22 58.7B KRW
FY23 72.4B KRW
FY24 81.9B KRW
FY25 87.2B KRW
Net income +3.5%/yr
FY21 9.9B KRW
FY22 5.0B KRW
FY23 10.8B KRW
FY24 10.3B KRW
FY25 11.4B KRW

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Cite: Fair Value Calculator (2026). "OPTUS Pharmaceutical Co Fair Value". https://www.fairvalue-calculator.com/stock/131030

Peer Group

Drug Manufacturers - Specialty & Generic · 623 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 +101% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 13% · Above median
Revenue growth 24% · Top 25%

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 6
FUTURE 100 · sector 20
PAST 32 · sector 24
HEALTH 100 · sector 97
DIVIDEND 0 · 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 22, 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 OPTUS Pharmaceutical Co (131030) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 12,160 KRW versus a price of 6,050 KRW, about +101% (undervalued).
What is the fair value of 131030?
Our model-based fair value for OPTUS Pharmaceutical Co is 12,160 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 6,050 KRW.
What is the quality score of 131030?
OPTUS Pharmaceutical 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 OPTUS Pharmaceutical Co (131030)?
OPTUS Pharmaceutical Co reported trailing-twelve-month revenue of about 91.6B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 131030?
The net profit margin of OPTUS Pharmaceutical Co is about 13.9%, meaning it keeps roughly 13.9% 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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