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DreamCIS, Inc (223250) Fair Value & Analysis

Healthcare · KR · Market cap 69.3B KRW

DI DreamCIS, Inc 223250 · KQ
Price3,475 KRW
Fair Value4,925 KRW
Upside+41.7%
Quality58/100
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Healthy Growth
Solidly profitable · 19.1% net margin
Low debt · generates free cash flow
Ranks above peers (8/9)
Moderate moat 56/100
Evidence: Medium Range 3,694 KRW – 6,156 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 5,090 KRW to 4,925 KRW (−3.3%) since Jul 7, 2026. Share price +7.4% over the past month.

A solid business, screening 42% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (3,694 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) 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)

7,840 KRW 2,378 KRW Fair Value 4,925 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 2,378 KRW – 7,840 KRW · fair‑value band 3,694 KRW – 6,156 KRW · the 3,475 KRW price screens below the 4,925 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

DreamCIS, Inc (223250) currently trades at 3,475 KRW, while our model-based Fair Value estimate is 4,925 KRW, implying the stock looks roughly 41.7% undervalued today. The Quality Score stands at 58/100 (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: medium), always confirm before acting.

Over the trailing twelve months, DreamCIS, Inc generated revenue of 23.0B KRW at a net margin of 19.1%. Revenue grew 22.9% year over year. It earns a return on equity of 23.2%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 3,694 KRW (bear case) to 6,156 KRW (bull case); at 3,475 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 60% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at 11% fair-value upside, at 42%, 223250 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 9,179 KRW 16,943 KRW 31,930 KRW 80
Rev-Margin DCF 4,805 KRW 7,557 KRW 11,656 KRW 74
ROIC Compounder 2,732 KRW 3,036 KRW 3,615 KRW 72
All 24 models by family
DCF Models
FCF DCF 9,607 KRW 15,329 KRW 32,068 KRW 38
Owner Earnings 6,832 KRW 14,391 KRW 30,258 KRW 31
5Y Revenue Exit 4,805 KRW 7,033 KRW 11,246 KRW 39
5Y EBITDA Exit 5,777 KRW 9,120 KRW 15,177 KRW 41
5Y P/E Exit 6,728 KRW 12,224 KRW 19,214 KRW 38
10Y Revenue Exit 6,117 KRW 9,682 KRW 13,066 KRW 36
10Y EBITDA Exit 6,885 KRW 11,551 KRW 19,608 KRW 37
10Y P/E Exit 7,558 KRW 13,381 KRW 23,160 KRW 35
Earnings-Based
Graham-Dodd 1,970 KRW 13,738 KRW 19,279 KRW 54
Lynch FV 4,202 KRW 6,002 KRW 7,803 KRW 50
PEG = 1.0 4,202 KRW 6,002 KRW 7,803 KRW 46
EPV 2,732 KRW 3,036 KRW 3,302 KRW 59
Multiples
P/E Multiple 4,780 KRW 6,373 KRW 7,966 KRW 63
P/S Multiple 3,694 KRW 4,925 KRW 6,156 KRW 58
P/B Multiple 3,694 KRW 4,925 KRW 6,156 KRW 55
EV/EBIT 3,622 KRW 4,526 KRW 5,431 KRW 53
EV/EBITDA 4,349 KRW 5,497 KRW 6,644 KRW 54
EV/Revenue 2,844 KRW 3,675 KRW 4,505 KRW 43
Asset-Based
NCAV (Graham) 1,553 KRW 2,081 KRW 3,106 KRW 50
Growth DCF
Growth DCF 9,179 KRW 16,943 KRW 31,930 KRW 80
Rev-Margin DCF 4,805 KRW 7,557 KRW 11,656 KRW 74
Economic Profit
Residual Income 2,682 KRW 2,948 KRW 4,305 KRW 61
ROIC Compounder 2,732 KRW 3,036 KRW 3,615 KRW 72
Growth Earnings
Growth-Adj P/E 5,801 KRW 8,287 KRW 10,774 KRW 68

Widest divergence: DCF Models (11,551 KRW) versus Asset-Based (2,081 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 23.0B KRW
Revenue growth (YoY) +22.9%
Net margin 19.1%
Return on equity 23.2%
Free cash flow 13.4B KRW FY2025
Operating margin 3.1%
More key figures
EPS growth (YoY) +981%

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 59 · Market factors (momentum, volatility) 27

Profitability 35
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 22
Distance to the 52-week high (market factor)
Net Issuance 76
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

DreamCIS, Inc. operates as a clinical research organization in South Korea. It offers clinical development services; biostatics, data and project management, pharmacovigilance, medical writing, site start up, clinical monitoring, Dreamtrial, IWRS, and quality assurance services; medical device development services; and regulatory consulting services.

Full company description

DreamCIS, Inc. operates as a clinical research organization in South Korea. It offers clinical development services; biostatics, data and project management, pharmacovigilance, medical writing, site start up, clinical monitoring, Dreamtrial, IWRS, and quality assurance services; medical device development services; and regulatory consulting services. The company was founded in 2000 and is headquartered in Seoul, South Korea. DreamCIS, Inc. operates as a subsidiary of Hangzhou Tigermed Consulting Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DreamCIS, Inc reported revenue of 66.6B KRW in FY2025 versus 26.2B KRW in FY2021, a compound +26.3%/yr. Reported net income was 7.1B KRW in FY2025, compounding +21.9%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
66.6B KRW
Latest YoY
+13.6%
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.
+19.7%
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.
+23.2%
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.
+19.6%
Revenue +26.3%/yr
FY21 26.2B KRW
FY22 38.9B KRW
FY23 47.8B KRW
FY24 58.7B KRW
FY25 66.6B KRW
Net income +21.9%/yr
FY21 3.2B KRW
FY22 4.4B KRW
FY23 3.7B KRW
FY24 5.3B KRW
FY25 7.1B KRW

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Cite: Fair Value Calculator (2026). "DreamCIS, Inc Fair Value". https://www.fairvalue-calculator.com/stock/223250

Peer Group

Medical Care Facilities · 261 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 58 · Above median
Fair Value upside +42% · Top 25%
Return on equity (TTM) 23% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 3% · Below median
Revenue growth 23% · Top 25%

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/FCF 0.0× · 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 89 · sector 23
FUTURE 100 · sector 24
PAST 93 · sector 30
HEALTH 100 · sector 90
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 Care Facilities stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $378.85 $554.93 +46%
Fresenius SE FRE €41.73 €32.15 -23%
Dr. Sulaiman Al Habib Medical Services Group 4013 235.00 SAR 112.37 SAR -52%
IHH Healthcare Berhad, an investment holding company, Q0F 2.58 SGD 1.44 SGD -44%
Tenet Healthcare Corporation THC $194.91 $338.05 +73%
Rede D'Or São Luiz S.A RDOR3 R$36.01 R$47.31 +31%
DaVita Inc DVA $231.61 $255.97 +11%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,955 ₹2,955 -67%
Fresenius Medical Care AG FMS $24.68 $45.60 +85%
Aier Eye Hospital Group 300015 ¥8.68 ¥7.67 -12%

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Frequently asked questions

Is DreamCIS, Inc (223250) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 4,925 KRW versus a price of 3,475 KRW, about +42% (undervalued).
What is the fair value of 223250?
Our model-based fair value for DreamCIS, Inc is 4,925 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 3,475 KRW.
What is the quality score of 223250?
DreamCIS, Inc has a Quality Score of 58/100. 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 DreamCIS, Inc (223250)?
DreamCIS, Inc reported trailing-twelve-month revenue of about 23.0B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 223250?
The net profit margin of DreamCIS, Inc is about 19.1%, meaning it keeps roughly 19.1% 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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