Orion Corp (271560) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Orion Corp stock KRW 203,315, price KRW 116,700, upside +74.2%, quality 60 out of 100. Rating: strongly undervalued. Calculated from audited financials with 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 8, 2026.
How to read this chart
60‑month range 74,646 KRW – 143,988 KRW · fair‑value band 130,650 KRW – 254,144 KRW · the 116,700 KRW price screens below the 203,315 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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ORION Corp., together with its subsidiaries, engages in the manufacture and sale of various confectionery products in South Korea, China, and internationally.
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It offers pies, snacks, biscuits, candies, gums, and chocolates; protein drinks/powders and bars/balls bars; bar and oat products; and mineral water under the Dr.You, Market O, Market O Nature, and Jeju yongamsoo brands.
The company also produces and distributes films; and provides in vitro diagnostics for early detection of cancer and vaccines for contagious diseases. In addition, it manufactures and sells food and beverage products; processes agriculture products; and manufactures pulp and paper products.
The company was formerly known as Tongyang Confectionery Corporation and changed its name to Orion Corporation in 2003. ORION Corp. was founded in 1956 and is headquartered in Seoul, South Korea.
Stock analysis
Orion Corp (271560) currently trades at 116,700 KRW, while our model-based Fair Value estimate is 203,315 KRW, implying the stock looks roughly 43% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 213,479 KRW per share, and 20 of the 26 models we run sit above the 116,700 KRW price.
Bear case: the Asset-Based group reads lowest at 27,247 KRW, and 6 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 130,650 KRW (bear) to 254,144 KRW (bull), the price of 116,700 KRW sits below 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 60/100 (solid quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Orion Corp reported revenue of 3.3T KRW in FY2025 versus 2.4T KRW in FY2021, a compound +9.1%/yr. Reported net income was 383B KRW in FY2025, compounding +10.4%/yr from FY2021.
Key figures
Market cap 4.6T KRW (≈ $3.4B) Mid · P/E ratio 11.1 · P/S ratio 1.31 · EPS (TTM) 10,604 KRW · Dividend yield 4.5% · Net margin 11.7% · Return on equity 11.0% · Return on assets (EBIT) 12.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 55 out of 100 (low confidence).
What moves the price
The share trades about 19% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −8% fair-value upside, at 74%, 271560 screens cheaper than that median.
Fair Value models
Bear130,650 KRWFair Value 203,315 KRWBull254,144 KRW
Price 116,700 KRW · Upside +74.2%
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 (4,592 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.82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.3%
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.
+5.1%
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.
+8.4%
Start year 2020 (pandemic)
Revenue growth 8 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.
+14.6%
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What shareholders gained per year (last 5 years), in KRW ⓘ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. 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.
+12.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.2%
Dividend (yield on the price)4.5%
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.17% → 17%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less 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).
−3.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
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.
+6.7%
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 −5.0% a year for the price and +4.6% for the forecasts.
AI conclusion: Scaling production capacity in Korea, Vietnam and India to capture surging overseas demand forms Orion's core strength, while thin evidence and execution challenges remain its main weak point.
Main risk: Execution challenges in converting capacity additions and local adaptations into durable high-margin growth could limit Orion's expansion across its key overseas markets.
Orion is scaling up Custard production lines in Korea, Vietnam and India to double last year’s sales capacity as overseas demand surges. The product already draws 76 percent of its revenue from China, Vietnam and India with continued double-digit growth, yet it still needs to establish itself as a true global successor to Choco Pie. Will the capacity additions and local adaptations turn this into durable high-margin growth, or will execution challenges and competition cap the potential?
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.Confectioners · 80 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside+71.7% · Top 25%
Profitability
Return on equity (12 months)11.0% · Above median
Return on assets8.3% · Top 25%
Net margin (12 months)11.7% · Top 25%
Operating margin (12 months)14.8% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)15.0% · Top 25%
Dividend yield (12 months)4.5% · Top 25%
Balance sheet
Debt / equity0.02× · Lowest 25%
Valuation Multiplesvs Confectioners median · lower = cheaper
P/E (12 months)11.1× · Cheaper than median
P/B1.23× · Pricier than median
P/S (12 months)1.31× · Priciest 25%
Price / free cash flow (fiscal year)12.0× · Pricier than median
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Cite: Fair Value Calculator (2026). "Orion Corp Fair Value". https://www.fairvalue-calculator.com/stock/271560
Frequently asked questions
Is Orion Corp (271560) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 203,315 KRW versus a price of 116,700 KRW, about +74% upside (undervalued).
What is the fair value of 271560?
Our model-based fair value for Orion Corp is 203,315 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 116,700 KRW.
What is the quality score of 271560?
Orion Corp has a Quality Score of 60/100. 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 Orion Corp (271560)?
Our model-based price target is the fair value of 203,315 KRW (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 130,650 KRW, optimistic scenario 254,144 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Orion Corp stock forecast for 2026?
Our models put fair value at 203,315 KRW, about +74% upside versus a price of 116,700 KRW (undervalued). Cautious scenario 130,650 KRW, optimistic scenario 254,144 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Orion Corp (271560)?
Orion Corp reported trailing-twelve-month revenue of about 3.6T KRW (latest available figure, as of Nov 8, 2026).
Does Orion Corp pay a dividend?
Orion Corp currently shows a dividend yield of 4.50% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Orion Corp (271560) and when is the ex-dividend date?
Orion Corp pays a dividend of 5,250 KRW per share a year, a dividend yield of 4.5%. The last ex-dividend date was Jul 20, 2026. The payout ratio is 49.5% of earnings. Free cash flow covers the dividend 1.88 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 Orion Corp (271560)?
For today's price to be fair in a discounted-cash-flow model, Orion Corp would have to grow free cash flow by -3.0 % per year for five years (discount rate 8.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.4 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 271560 use?
Our models discount Orion Corp at 8.9 %: a base by market capitalisation (mid), damped by beta 0.27, 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 Orion Corp that is -3.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.9 %) and the same formula as our fair value.
How much growth has Orion Corp (271560) delivered so far?
Over the past 5 years revenue at Orion Corp grew +8.4 % a year. The price currently implies free-cash-flow growth of -3.0 % 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 Orion Corp (271560) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Orion Corp (-3.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Orion Corp (271560)?
The free-cash-flow yield on the price is 8.48 %: that much free cash flow Orion Corp produces per unit of market value. When it exceeds the discount rate of our models (8.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Orion Corp (271560)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Orion Corp it is 203,315 KRW per share (as of Nov 8, 2026), against a price of 116,700 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Orion Corp stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 271560 trades below its calculated fair value: price 116,700 KRW, fair value 203,315 KRW, a gap of about +74% (undervalued). 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 271560?
No. The price is what the market pays today (116,700 KRW); the fair value is what the company's own numbers justify (203,315 KRW). For Orion Corp the two are 86,615 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Orion Corp worth?
The market values Orion Corp at about 4.6T KRW (market capitalisation, as of Nov 8, 2026). Per share that is 116,700 KRW; our models calculate a fair value of 203,315 KRW per share.
What do the bullish and bearish scenarios say about 271560?
Our models span a range for Orion Corp: cautious scenario 130,650 KRW, base 203,315 KRW, optimistic 254,144 KRW per share (as of Nov 8, 2026, price 116,700 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 271560?
Orion Corp trades at a price-to-earnings ratio of 11.1 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 203,315 KRW is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 15.9. Other multiples: P/B 1.2, P/S 1.3, EV/EBITDA 5.7.
How solid is the balance sheet of Orion Corp (271560)?
Balance-sheet figures for Orion Corp (as of Nov 8, 2026): return on equity 11.0%, debt of 0.02 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 271560 from its 52-week high?
Orion Corp trades at 116,700 KRW, about 19% below its 52-week high of 143,988 KRW and 20% above the low of 96,920 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 203,315 KRW is for.
Which stocks are comparable to Orion Corp?
From the same area (Consumer Defensive) we also value Mondelez International, Inc, The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG, Barry Callebaut 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 Orion Corp stock attractive at the current price?
The data as of Nov 8, 2026: price 116,700 KRW, calculated fair value 203,315 KRW (+74%), Quality Score 60/100, from 26 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 271560 calculated?
We run Orion Corp through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 203,315 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 13.3% above its aggregate fair value. Orion Corp currently trades 43% 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 Orion Corp (271560)?
The closing price on Nov 9, 2026 was 116,700 KRW. Our model-based fair value is 203,315 KRW, about +74% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Orion Corp right now?
The price is below even our cautious bear case (130,650 KRW). The market is more pessimistic than our downside scenario. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (130,650 KRW to 254,144 KRW) leaves room in how you read the outcome.
Key figures of Orion Corp
How large is the market capitalisation of Orion Corp (271560)?
The market capitalisation of Orion Corp is 4.6T KRW (≈ $3.4B). 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 Orion Corp (271560)?
The price-to-sales ratio of Orion Corp is 1.31 (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 Orion Corp (271560)?
Earnings per share at Orion Corp are 10,604 KRW (price ÷ EPS = P/E 11.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Orion Corp (271560)?
The dividend yield of Orion Corp is 4.5% (payout 49.5%). 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 Orion Corp (271560)?
The net margin of Orion Corp is 11.7% (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 Orion Corp (271560)?
The return on equity (ROE) of Orion Corp is 11.0% (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 Orion Corp (271560)?
On an EBIT basis the return on assets of Orion Corp is 12.9% (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 Orion Corp (271560)?
The operating margin of Orion Corp is 14.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Orion Corp (271560)?
Revenue at Orion Corp is growing +15.0% versus a year earlier (3y avg +5.1%). 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 Orion Corp (271560)?
Earnings per share at Orion Corp are growing +23.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Orion Corp (271560) carry?
The net debt of Orion Corp is 122B KRW (fiscal year 2019, ≈ 0.3 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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Broad data
Nov 8, 2026