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H.PIO Co (357230) Fair Value & Analysis

Consumer Non-Cyclicals · KR · Market cap 87.4B KRW

HP H.PIO Co 357230 · KQ
Price2,330 KRW
Fair Value4,089 KRW
Upside+75.5%
Quality54/100
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Expensive Growth
Thin margins · 7.0% net margin
Low debt · negative free cash flow
1.33% dividend yield
Ranks above peers (8/8)
Moderate moat 56/100
Evidence: Medium Range 2,866 KRW – 5,315 KRW Share as image

Fair value as of: Jul 21, 2026

From 15 valuation models · updated 21 days ago

Share price +6.2% over the past month.

A solid business, screening 75% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (2,866 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (2,866 KRW to 5,315 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

8,556 KRW 1,963 KRW Fair Value 4,089 KRW May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 1,963 KRW – 8,556 KRW · fair‑value band 2,866 KRW – 5,315 KRW · the 2,330 KRW price screens below the 4,089 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

H.PIO Co (357230) currently trades at 2,330 KRW, while our model-based Fair Value estimate is 4,089 KRW, implying the stock looks roughly 75.5% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Non-Cyclicals 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, H.PIO Co generated revenue of 190B KRW at a net margin of 7.0%. Revenue grew 38.3% year over year. Fundamentals as of Jul 21, 2026

Our scenario range runs from 2,866 KRW (bear case) to 5,315 KRW (bull case); at 2,330 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 29% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Non-Cyclicals peers we cover trades at 7% fair-value upside, at 75%, 357230 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
Residual Income 2,992 KRW 3,057 KRW 3,020 KRW 76
ROIC Compounder 2,690 KRW 3,042 KRW 3,349 KRW 72
Growth-Adj P/E 2,987 KRW 4,267 KRW 5,547 KRW 68
All 15 models by family
DCF Models
Owner Earnings 4,292 KRW 7,539 KRW 13,357 KRW 31
Earnings-Based
Graham-Dodd 1,448 KRW 7,228 KRW 9,974 KRW 54
Lynch FV 1,954 KRW 2,791 KRW 3,629 KRW 50
PEG = 1.0 1,954 KRW 2,791 KRW 3,629 KRW 46
EPV 2,690 KRW 3,042 KRW 3,349 KRW 59
Multiples
P/E Multiple 3,353 KRW 4,471 KRW 5,589 KRW 63
P/S Multiple 2,715 KRW 3,620 KRW 4,525 KRW 58
P/B Multiple 2,715 KRW 3,620 KRW 4,525 KRW 55
EV/EBIT 4,946 KRW 6,402 KRW 7,858 KRW 53
EV/EBITDA 5,933 KRW 7,718 KRW 9,502 KRW 54
EV/Revenue 3,696 KRW 5,032 KRW 6,368 KRW 43
Asset-Based
NCAV (Graham) 1,922 KRW 2,575 KRW 3,843 KRW 50
Economic Profit
Residual Income 2,992 KRW 3,057 KRW 3,020 KRW 76
ROIC Compounder 2,690 KRW 3,042 KRW 3,349 KRW 72
Growth Earnings
Growth-Adj P/E 2,987 KRW 4,267 KRW 5,547 KRW 68

Widest divergence: DCF Models (7,539 KRW) versus Asset-Based (2,575 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 190B KRW
Revenue growth (YoY) +38.3%
Net margin 7.0%
Return on equity 341%
Free cash flow −588M KRW FY2025
Operating margin 10.4%
More key figures
Dividend yield 1.3%
EPS growth (YoY) -65.5%

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 36

Profitability 51
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 40
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

H.PIO Co., Ltd. manufactures and sells health functional foods worldwide. It offers dietary and mixed vitamin supplements. The company was founded in 2012 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

H.PIO Co reported revenue of 258B KRW in FY2025 versus 159B KRW in FY2021, a compound +12.8%/yr. Reported net income was 8.4B KRW in FY2025, compounding −15.4%/yr from FY2021.

Growth Quality 60/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
258B KRW
Latest YoY
+6.3%
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.
+9.6%
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.
+12.6%
Avg. growth/yr (6Y) 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.
+28.0%
Revenue +12.8%/yr
FY21 159B KRW
FY22 196B KRW
FY23 232B KRW
FY24 243B KRW
FY25 258B KRW
Net income −15.4%/yr
FY21 16.5B KRW
FY22 11.5B KRW
FY23 15.2B KRW
FY24 6.4B KRW
FY25 8.4B KRW

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Cite: Fair Value Calculator (2026). "H.PIO Co Fair Value". https://www.fairvalue-calculator.com/stock/357230

Peer Group

Food & Tobacco · 19 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 54 · Above median
Fair Value upside +76% · Above median
Return on equity (TTM) 341% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 7% · Top 25%
Operating margin (TTM) 10% · Top 25%
Revenue growth 38% · Top 25%
Debt / equity 0.07× · Lower than median

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 100 · sector 33
FUTURE 100 · sector 0
PAST 100 · sector 0
HEALTH 97 · sector 94
DIVIDEND 27 · sector 0

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Tobacco

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is H.PIO Co (357230) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 4,089 KRW versus a price of 2,330 KRW, about +75% (undervalued).
What is the fair value of 357230?
Our model-based fair value for H.PIO Co is 4,089 KRW (as of Jul 21, 2026), built from audited fundamentals. The current price is 2,330 KRW.
What is the quality score of 357230?
H.PIO Co 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 revenue of H.PIO Co (357230)?
H.PIO Co reported trailing-twelve-month revenue of about 190B KRW (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 357230?
The net profit margin of H.PIO Co is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.
Does H.PIO Co pay a dividend?
H.PIO Co currently shows a dividend yield of about 1.33% relative to its recent price (as of Jul 21, 2026).

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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