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Samsung Biologics Co (207940) Fair Value & Analysis

Healthcare · KR · Market cap 64.8T KRW

SB Samsung Biologics Co 207940 · KO
Price1,514,000 KRW
Fair Value1,091,384 KRW
Upside-27.9%
Quality70/100
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Expensive Growth
Highly profitable · 39.0% net margin
Low debt · generates free cash flow
Ranks above peers (8/10)
Wide moat 79/100
Evidence: High Range 553,298 KRW – 1,690,343 KRW Share as image

Fair value as of: Jul 14, 2026

From 24 valuation models · updated 24 days ago

Share price +6.5% over the past month.

A solid business, but screening 28% overvalued on our models.

What matters now

  • A high-quality business (quality 70/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The model range is unusually wide (553,298 KRW to 1,690,343 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

1,965,000 KRW 1,042,150 KRW Fair Value 1,091,384 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 1,042,150 KRW – 1,965,000 KRW · fair‑value band 553,298 KRW – 1,690,343 KRW · the 1,514,000 KRW price screens above the 1,091,384 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Samsung Biologics Co (207940) currently trades at 1,514,000 KRW, while our model-based Fair Value estimate is 1,091,384 KRW, implying the stock looks roughly 27.9% overvalued today. We read business quality at 70/100 (solid quality), in the Healthcare 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, Samsung Biologics Co generated revenue of 4.8T KRW at a net margin of 39.0%. Revenue grew 25.8% year over year. It earns a return on equity of 18.3%. Net debt stands at 770B KRW. Fundamentals as of Jul 14, 2026

Our scenario range runs from 553,298 KRW (bear case) to 1,690,343 KRW (bull case); at 1,514,000 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 near its 52-week high and 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -57% fair-value upside, at -28%, 207940 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
Growth DCF 271,239 KRW 575,857 KRW 1,087,447 KRW 80
Rev-Margin DCF 233,708 KRW 425,410 KRW 826,739 KRW 74
ROIC Compounder 555,223 KRW 946,978 KRW 1,228,578 KRW 72
All 24 models by family
DCF Models
FCF DCF 288,380 KRW 470,943 KRW 1,067,883 KRW 38
Owner Earnings 329,213 KRW 784,437 KRW 1,782,835 KRW 31
5Y Revenue Exit 210,817 KRW 370,618 KRW 704,972 KRW 39
5Y EBITDA Exit 508,027 KRW 971,809 KRW 1,883,886 KRW 41
5Y P/E Exit 514,910 KRW 1,245,255 KRW 2,254,924 KRW 38
10Y Revenue Exit 229,108 KRW 512,898 KRW 692,579 KRW 36
10Y EBITDA Exit 459,136 KRW 1,167,995 KRW 2,446,800 KRW 37
10Y P/E Exit 464,273 KRW 1,183,166 KRW 2,399,261 KRW 35
Earnings-Based
Graham-Dodd 262,116 KRW 1,827,959 KRW 2,565,267 KRW 54
Lynch FV 944,388 KRW 1,349,126 KRW 1,753,864 KRW 50
PEG = 1.0 944,388 KRW 1,349,126 KRW 1,753,864 KRW 46
EPV 391,704 KRW 462,545 KRW 525,514 KRW 59
Multiples
P/E Multiple 578,197 KRW 770,929 KRW 963,661 KRW 63
P/S Multiple 184,579 KRW 246,105 KRW 307,631 KRW 58
P/B Multiple 362,166 KRW 482,888 KRW 603,610 KRW 55
EV/EBIT 593,730 KRW 794,882 KRW 996,033 KRW 53
EV/EBITDA 559,563 KRW 749,326 KRW 939,088 KRW 54
EV/Revenue 162,549 KRW 236,380 KRW 310,212 KRW 43
Asset-Based
NCAV (Graham) 80,481 KRW 107,845 KRW 160,963 KRW 50
Growth DCF
Growth DCF 271,239 KRW 575,857 KRW 1,087,447 KRW 80
Rev-Margin DCF 233,708 KRW 425,410 KRW 826,739 KRW 74
Economic Profit
Residual Income 277,372 KRW 374,132 KRW 2,307,839 KRW 61
ROIC Compounder 555,223 KRW 946,978 KRW 1,228,578 KRW 72
Growth Earnings
Growth-Adj P/E 1,216,912 KRW 1,738,445 KRW 2,259,979 KRW 68

Widest divergence: Growth Earnings (1,738,445 KRW) versus Asset-Based (107,845 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.8T KRW
Revenue growth (YoY) +25.8%
Net margin 39.0%
Return on equity 18.3%
Free cash flow 773B KRW FY2025
Operating margin 46.2%
More key figures
EPS growth (YoY) +25.1%
Net debt 770B KRW FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 77 · Market factors (momentum, volatility) 41

Profitability 68
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 100
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

Samsung Biologics Co.,Ltd., together with its subsidiaries engages in the manufacturing, commercializing, distributing, and selling of biopharmaceuticals products in South Korea, Europe, the United States, and internationally.

Full company description

Samsung Biologics Co.,Ltd., together with its subsidiaries engages in the manufacturing, commercializing, distributing, and selling of biopharmaceuticals products in South Korea, Europe, the United States, and internationally. Its development services include late discovery, cell line development, process development, analytical development, and non-GMP / CGMP manufacturing. The company also offers aseptic filling, lyophilization, finishing, cold chain storage and shipping, and regulatory support services; and quality services and analytical testing services, such as IPC and release testing, stability study and testing, environmental monitoring, biosafety testing, as well as manufactures drug substance. In addition, it engages in the development and manufacture of antibody-drug conjugates and mRNA products. The company was founded in 2011 and is headquartered in Incheon, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Samsung Biologics Co reported revenue of 4.6T KRW in FY2025 versus 1.6T KRW in FY2021, a compound +30.6%/yr. Reported net income was 1.8T KRW in FY2025, compounding +45.9%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
4.6T KRW
Latest YoY
+30.3%
Avg. growth/yr (3Y)
+14.9%
Avg. growth/yr (5Y)
+31.4%
Avg. growth/yr (11Y)
+40.9%
Revenue +30.6%/yr
FY21 1.6T KRW
FY22 3.0T KRW
FY23 3.7T KRW
FY24 3.5T KRW
FY25 4.6T KRW
Net income +45.9%/yr
FY21 394B KRW
FY22 798B KRW
FY23 858B KRW
FY24 1.1T KRW
FY25 1.8T KRW

207940 screens 28% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "Samsung Biologics Co Fair Value". https://www.fairvalue-calculator.com/stock/207940

Peer Group

Biotechnology · 606 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 70 · Top 25%
Fair Value upside −28% · Above median
Return on equity (TTM) 18% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 39% · Top 25%
Operating margin (TTM) 46% · Top 25%
Revenue growth 26% · Top 25%
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/FCF 0.1× · Cheaper than 75% of peers
PEG 2.08× · Pricier 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 0
FUTURE 100 · sector 0
PAST 73 · sector 0
HEALTH 96 · sector 98
DIVIDEND 0 · sector 22

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 Biotechnology stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $486.03 $278.78 -43%
Regeneron Pharmaceuticals, Inc REGN $664.45 $594.40 -11%
Celltrion, Inc 068270 175,800 KRW 76,325 KRW -57%
WuXi Biologics (Cayman) Inc 2269 HK$39.54 HK$30.42 -23%
Innovent Biologics, Inc 1801 HK$86.70 HK$19.66 -77%
Sino Biopharmaceutical Limited 1177 HK$5.26 HK$3.36 -36%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
RemeGen Co 688331 ¥134.02 ¥26.99 -80%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%
Anthem Biosciences Limited ANTHEM ₹777.00 ₹196.91 -75%

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Frequently asked questions

Is Samsung Biologics Co (207940) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 1,091,384 KRW versus a price of 1,514,000 KRW, about −28% (overvalued).
What is the fair value of 207940?
Our model-based fair value for Samsung Biologics Co is 1,091,384 KRW (as of Jul 14, 2026), built from audited fundamentals. The current price is 1,514,000 KRW.
What is the quality score of 207940?
Samsung Biologics Co has a Quality Score of 70/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Samsung Biologics Co (207940)?
Samsung Biologics Co reported trailing-twelve-month revenue of about 4.8T KRW (latest available figure, as of Jul 14, 2026).
What is the net profit margin of 207940?
The net profit margin of Samsung Biologics Co is about 39.0%, meaning it keeps roughly 39.0% 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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