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SELVAS Healthcare, Inc (208370) Fair Value & Analysis

Healthcare · KR · Market cap 63.5B KRW

SH SELVAS Healthcare, Inc 208370 · KQ
Price2,840 KRW
Fair Value2,193 KRW
Upside-22.8%
Quality41/100
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Expensive Growth
Highly profitable · 56.0% net margin
Low debt · negative free cash flow
Ranks above peers (5/8)
Moderate moat 58/100
Evidence: Medium Range 1,928 KRW – 2,193 KRW Share as image

Fair value as of: Jul 22, 2026

From 11 valuation models · updated 19 days ago

Share price +3.8% over the past month.

Below-average quality, and screening another 23% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,193 KRW). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The models converge in a tight band (1,928 KRW to 2,193 KRW), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

12,870 KRW 1,707 KRW Fair Value 2,193 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 1,707 KRW – 12,870 KRW · fair‑value band 1,928 KRW – 2,193 KRW · the 2,840 KRW price screens above the 2,193 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

SELVAS Healthcare, Inc (208370) currently trades at 2,840 KRW, while our model-based Fair Value estimate is 2,193 KRW, implying the stock looks roughly 22.8% overvalued today. The Quality Score stands at 41/100 (below-average 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: medium).

Over the trailing twelve months, SELVAS Healthcare, Inc generated revenue of 30.2B KRW at a net margin of 56.0%. Revenue declined 8.8% year over year. It earns a return on equity of 22.8%. Net debt stands at 3.1B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,928 KRW (bear case) to 2,193 KRW (bull case); at 2,840 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 62% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -26% fair-value upside, at -23%, 208370 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-Adj P/E 1,953 KRW 2,789 KRW 3,626 KRW 68
P/E Multiple 2,495 KRW 3,327 KRW 4,159 KRW 63
Residual Income 2,148 KRW 2,193 KRW 2,157 KRW 61
All 11 models by family
DCF Models
Owner Earnings 1,948 KRW 2,723 KRW 3,860 KRW 31
Earnings-Based
Graham-Dodd 1,028 KRW 2,738 KRW 3,581 KRW 54
Lynch FV 530.33 KRW 757.62 KRW 984.90 KRW 50
PEG = 1.0 530.33 KRW 757.62 KRW 984.90 KRW 46
Multiples
P/E Multiple 2,495 KRW 3,327 KRW 4,159 KRW 63
P/S Multiple 1,928 KRW 2,571 KRW 3,213 KRW 58
P/B Multiple 1,928 KRW 2,571 KRW 3,213 KRW 55
EV/EBITDA 680.32 KRW 785.49 KRW 890.67 KRW 54
Asset-Based
NCAV (Graham) 1,383 KRW 1,853 KRW 2,766 KRW 50
Economic Profit
Residual Income 2,148 KRW 2,193 KRW 2,157 KRW 61
Growth Earnings
Growth-Adj P/E 1,953 KRW 2,789 KRW 3,626 KRW 68

Widest divergence: Growth Earnings (2,789 KRW) versus Earnings-Based (757.62 KRW). Highest evidence: Growth-Adj P/E (68).

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Key figures & financial health

Revenue (TTM) 30.2B KRW
Revenue growth (YoY) -8.8%
Net margin 56.0%
Return on equity 22.8%
Free cash flow −797M KRW FY2025
Operating margin 10.2%
More key figures
EPS growth (YoY) +6,300%
Net debt 3.1B KRW FY2022

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 41 · Market factors (momentum, volatility) 17

Profitability 37
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 3
Price trend over the last 3–12 months (market factor)
52W Momentum 5
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

SELVAS Healthcare, Inc. operates as a medical device company in South Korea. The company provides body composition analyzers and automatic blood pressure monitors for hospitals.

Full company description

SELVAS Healthcare, Inc. operates as a medical device company in South Korea. The company provides body composition analyzers and automatic blood pressure monitors for hospitals. It also offers Braille Sense notetakers and other products for blind and visually impaired people under the HIMS brand name, as well as provides digital health products under the ACCUNIQ brand name. In addition, The company provides daisy players, handheld, and desktop magnifiers. Its products are used in hospitals, medical facilities, doctor's offices, weight loss centers, Fitness Centers, nursing homes, public health facilities, and retail locations. The company was formerly known as Jawon Medical Co., Ltd. and changed its name to SELVAS Healthcare, Inc. in September 2016. SELVAS Healthcare, Inc. was founded in 1993 and is headquartered in Daejeon, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SELVAS Healthcare, Inc reported revenue of 30.8B KRW in FY2025 versus 29.1B KRW in FY2021, a compound +1.5%/yr. Reported net income was 3.9B KRW in FY2025, compounding +12.0%/yr from FY2021.

Growth Quality 48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
30.8B KRW
Latest YoY
−2.8%
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.
+3.6%
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.
+7.8%
Avg. growth/yr (10Y) 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%
Revenue +1.5%/yr
FY21 29.1B KRW
FY22 27.7B KRW
FY23 29.8B KRW
FY24 31.7B KRW
FY25 30.8B KRW
Net income +12.0%/yr
FY21 2.5B KRW
FY22 2.8B KRW
FY23 5.2B KRW
FY24 3.2B KRW
FY25 3.9B KRW

208370 screens 23% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "SELVAS Healthcare, Inc Fair Value". https://www.fairvalue-calculator.com/stock/208370

Peer Group

Medical Devices · 352 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 41 · Below median
Fair Value upside −23% · Above median
Return on equity (TTM) 23% · Top 25%
Return on assets 0% · Below median
Net margin (TTM) 56% · Top 25%
Operating margin (TTM) 10% · Above median
Revenue growth -9% · Bottom 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 3 · sector 0
FUTURE 0 · sector 29
PAST 91 · sector 8
HEALTH 100 · sector 97
DIVIDEND 0 · sector 38

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
DexCom, Inc DXCM $74.96 $38.95 -48%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%

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Frequently asked questions

Is SELVAS Healthcare, Inc (208370) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 2,193 KRW versus a price of 2,840 KRW, about −23% (overvalued).
What is the fair value of 208370?
Our model-based fair value for SELVAS Healthcare, Inc is 2,193 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 2,840 KRW.
What is the quality score of 208370?
SELVAS Healthcare, Inc has a Quality Score of 41/100. 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 SELVAS Healthcare, Inc (208370)?
SELVAS Healthcare, Inc reported trailing-twelve-month revenue of about 30.2B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 208370?
The net profit margin of SELVAS Healthcare, Inc is about 56.0%, meaning it keeps roughly 56.0% 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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