Korea Kolmar (161890) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Korea Kolmar stock KRW 118,536, price KRW 108,900, upside +8.8%, quality 54 out of 100. Rating: fairly valued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 30,912 KRW – 161,700 KRW · fair‑value band 67,004 KRW – 168,159 KRW · the 108,900 KRW price screens below the 118,536 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Kolmar Korea Co., Ltd. researches, develops, produces, and sells beauty and health products in South Korea and internationally.
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It offers skincare cosmetic products, including toners, lotions, ampoules, essences, creams, mask sheets, mask packs, and lip balms; fragrance products, such as perfumes, and cleansing products; body and hair products; and color cosmetic products comprising makeup bases, primers, foundation and concealers, cushion foundations, and mascaras.
The company also provides powder base products, such as eye shadows, powder pacts, highlighters, blushers, shadings, loose powders, jelly powders, wet powders, multi-color concurrent forming, gradations, marble teracotas, hair cushions, essence powders, bubble salts, eyebrow pencils, highlighters, etc.; and oil & emulsification base products, including lip sticks, lip balms, lip glosses, tints, essence pacts, stick foundations, sun sticks, skin covers, gel eyeliners, marble essence pacts, core sticks, two-tone sticks, marble sticks, serum sticks, eye sticks, balms, concealers, etc.
In addition, it offers PLATIT147, a health and beauty production platform. Further, the company engages in the real estate rental business and manufacturing of plastic molded containers. Kolmar Korea Co., Ltd. was founded in 1990 and is headquartered in Sejong City, South Korea.
Stock analysis
Korea Kolmar (161890) currently trades at 108,900 KRW, while our model-based Fair Value estimate is 118,536 KRW, so the stock looks roughly fairly valued today (gap 8.1%).
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Valuation
Bull case: the DCF Models group reads highest at a median of 132,047 KRW per share, and 13 of the 24 models we run sit above the 108,900 KRW price.
Bear case: the Economic Profit group reads lowest at 72,855 KRW, and 11 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 67,004 KRW (bear) to 168,159 KRW (bull), the price of 108,900 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 54/100 (solid quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Korea Kolmar reported revenue of 2.7T KRW in FY2025 versus 1.6T KRW in FY2021, a compound +14.5%/yr. Reported net income was 125B KRW in FY2025, compounding +36.7%/yr from FY2021.
Key figures
Market cap 2.7T KRW (≈ $2.0B) Small · P/E ratio 14.2 · P/S ratio 1.23 · EPS (TTM) 7,832 KRW · Dividend yield 0.8% · Net margin 6.3% · Return on equity 14.1% · Return on assets (EBIT) 4.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (medium confidence).
What moves the price
The share trades about 33% below its 52-week high and 80% 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 9%, 161890 screens cheaper than that median.
Fair Value models
Bear67,004 KRWFair Value 118,536 KRWBull168,159 KRW
Price 108,900 KRW · Upside +8.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (5,957 KRW per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+11.0%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+13.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+15.5%
Start year 2020 (pandemic). Over 10 years: +17.6% a year
Revenue growth 13 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+23.4%
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What shareholders gained per year (last 5 years), in KRW (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+13.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.8%
Dividend (yield on the price)0.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.27.6% vs 7.9%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 9%
2025 sits 162% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+17.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+11.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +15.2% a year for the price and +9.4% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Household & Personal Products · 230 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score54 · Below median
Fair Value upside+8.8% · Above median
Profitability
Return on equity (12 months)14.1% · Above median
Return on assets4.9% · Above median
Net margin (12 months)8.5% · Above median
Operating margin (12 months)12.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)17.8% · Top 25%
Dividend yield (12 months)0.8% · Bottom 25%
Balance sheet
Debt / equity0.36× · Highest 25%
Valuation Multiplesvs Household & Personal Products median · lower = cheaper
P/E (12 months)14.2× · Cheaper than median
P/B2.95× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Korea Kolmar Fair Value". https://www.fairvalue-calculator.com/stock/161890
Frequently asked questions
Is Korea Kolmar (161890) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 118,536 KRW versus a price of 108,900 KRW, about +9% upside (fairly valued).
What is the fair value of 161890?
Our model-based fair value for Korea Kolmar is 118,536 KRW (as of Nov 7, 2026), built from audited fundamentals. The current price: 108,900 KRW.
What is the quality score of 161890?
Korea Kolmar has a Quality Score of 54/100. 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 price target for Korea Kolmar (161890)?
Our model-based price target is the fair value of 118,536 KRW (as of Nov 7, 2026) from 24 valuation models. Cautious scenario 67,004 KRW, optimistic scenario 168,159 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Korea Kolmar stock forecast for 2026?
Our models put fair value at 118,536 KRW, about +9% upside versus a price of 108,900 KRW (fairly valued). Cautious scenario 67,004 KRW, optimistic scenario 168,159 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Korea Kolmar (161890)?
Korea Kolmar reported trailing-twelve-month revenue of about 2.9T KRW (latest available figure, as of Nov 7, 2026).
Does Korea Kolmar pay a dividend?
Korea Kolmar currently shows a dividend yield of 0.79% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Korea Kolmar (161890) and when is the ex-dividend date?
Korea Kolmar pays a dividend of 864.00 KRW per share a year, a dividend yield of 0.8%. The last ex-dividend date was Mar 26, 2026. The payout ratio is 11.0% of earnings. Free cash flow covers the dividend 5.48 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Korea Kolmar (161890)?
For today's price to be fair in a discounted-cash-flow model, Korea Kolmar would have to grow free cash flow by +17.6 % per year for five years (discount rate 9.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +15.5 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 161890 use?
Our models discount Korea Kolmar at 9.5 %: a base by market capitalisation (mid), damped by beta 0.76, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Korea Kolmar that is +17.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.5 %) and the same formula as our fair value.
How much growth has Korea Kolmar (161890) delivered so far?
Over the past 5 years revenue at Korea Kolmar grew +15.5 % a year. The price currently implies free-cash-flow growth of +17.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Korea Kolmar (161890) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Korea Kolmar (+17.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Korea Kolmar (161890)?
The free-cash-flow yield on the price is 4.34 %: that much free cash flow Korea Kolmar produces per unit of market value. When it exceeds the discount rate of our models (9.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Korea Kolmar (161890)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Korea Kolmar it is 118,536 KRW per share (as of Nov 7, 2026), against a price of 108,900 KRW. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is Korea Kolmar stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 161890 trades below its calculated fair value: price 108,900 KRW, fair value 118,536 KRW, a gap of about +9% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 161890?
No. The price is what the market pays today (108,900 KRW); the fair value is what the company's own numbers justify (118,536 KRW). For Korea Kolmar the two are 9,636 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Korea Kolmar worth?
The market values Korea Kolmar at about 2.7T KRW (market capitalisation, as of Nov 7, 2026). Per share that is 108,900 KRW; our models calculate a fair value of 118,536 KRW per share.
What do the bullish and bearish scenarios say about 161890?
Our models span a range for Korea Kolmar: cautious scenario 67,004 KRW, base 118,536 KRW, optimistic 168,159 KRW per share (as of Nov 7, 2026, price 108,900 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 161890?
Korea Kolmar trades at a price-to-earnings ratio of 14.2 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 118,536 KRW is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 26.6. Other multiples: P/B 3.0, P/S 1.2, EV/EBITDA 9.3.
How solid is the balance sheet of Korea Kolmar (161890)?
Balance-sheet figures for Korea Kolmar (as of Nov 7, 2026): return on equity 14.1%, debt of 0.36 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is 161890 from its 52-week high?
Korea Kolmar trades at 108,900 KRW, about 33% below its 52-week high of 161,700 KRW and 80% above the low of 60,437 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 118,536 KRW is for.
Which stocks are comparable to Korea Kolmar?
From the same area (Consumer Defensive) we also value Colgate-Palmolive Company, Hindustan Unilever Limited, The Estée Lauder Companies Inc, Henkel AG, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Korea Kolmar stock attractive at the current price?
The data as of Nov 7, 2026: price 108,900 KRW, calculated fair value 118,536 KRW (+9%), Quality Score 54/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 161890 calculated?
We run Korea Kolmar through 24 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 118,536 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Korea Kolmar currently trades 8% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Korea Kolmar (161890)?
The closing price on Nov 6, 2026 was 108,900 KRW. Our model-based fair value is 118,536 KRW, about +9% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Korea Kolmar right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (67,004 KRW to 168,159 KRW) leaves room in how you read the outcome.
Key figures of Korea Kolmar
How large is the market capitalisation of Korea Kolmar (161890)?
The market capitalisation of Korea Kolmar is 2.7T KRW (≈ $2.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Korea Kolmar (161890)?
The price-to-sales ratio of Korea Kolmar is 1.23 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Korea Kolmar (161890)?
Earnings per share at Korea Kolmar are 7,832 KRW (price ÷ EPS = P/E 14.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Korea Kolmar (161890)?
The dividend yield of Korea Kolmar is 0.8% (payout 11.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Korea Kolmar (161890)?
The net margin of Korea Kolmar is 6.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Korea Kolmar (161890)?
The return on equity (ROE) of Korea Kolmar is 14.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Korea Kolmar (161890)?
On an EBIT basis the return on assets of Korea Kolmar is 4.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Korea Kolmar (161890)?
The operating margin of Korea Kolmar is 12.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Korea Kolmar (161890)?
Revenue at Korea Kolmar is growing +17.8% versus a year earlier (3y avg +13.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Korea Kolmar (161890)?
Earnings per share at Korea Kolmar are growing +79.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Korea Kolmar (161890) carry?
The net debt of Korea Kolmar is 954B KRW (fiscal year 2025, ≈ 8.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 7, 2026