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Manyo Factory Co (439090) Fair Value & Analysis

Consumer Defensive · KR · Market cap 268B KRW

MF Manyo Factory Co 439090 · KQ
Price17,330 KRW
Fair Value11,134 KRW
Upside-35.8%
Quality56/100
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Mixed Growth
Solidly profitable · 11.0% net margin
generates free cash flow
Ranks above peers (5/8)
Moderate moat 59/100
Evidence: High Range 8,351 KRW – 13,918 KRW Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 21 days ago

Fair value updated Jul 21, 2026, revised from 11,144 KRW to 11,134 KRW (−0.1%) since Jul 9, 2026. Share price +5.0% over the past month.

A solid business, but screening 36% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (13,918 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (3 years)

47,700 KRW 11,110 KRW Fair Value 11,134 KRW Jun 2023 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

38‑month range 11,110 KRW – 47,700 KRW · fair‑value band 8,351 KRW – 13,918 KRW · the 17,330 KRW price screens above the 11,134 KRW fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

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Analysis

Manyo Factory Co (439090) currently trades at 17,330 KRW, while our model-based Fair Value estimate is 11,134 KRW, implying the stock looks roughly 35.8% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Consumer Defensive 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, Manyo Factory Co generated revenue of 113B KRW at a net margin of 11.0%. Revenue grew 0.2% year over year. It earns a return on equity of 10.1%. Fundamentals as of Jul 21, 2026

Our scenario range runs from 8,351 KRW (bear case) to 13,918 KRW (bull case); at 17,330 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 17% below its 52-week high and 57% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at -36%, 439090 screens richer 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 8,643 KRW 11,828 KRW 16,595 KRW 72
Growth-Adj P/E 6,853 KRW 9,789 KRW 12,726 KRW 68
Rev-Margin DCF 8,096 KRW 11,493 KRW 15,360 KRW 67
All 24 models by family
DCF Models
FCF DCF 8,503 KRW 12,048 KRW 17,674 KRW 38
Owner Earnings 8,239 KRW 11,632 KRW 17,016 KRW 31
5Y Revenue Exit 8,096 KRW 11,480 KRW 15,768 KRW 39
5Y EBITDA Exit 8,662 KRW 12,531 KRW 17,001 KRW 41
5Y P/E Exit 9,354 KRW 13,817 KRW 18,463 KRW 38
10Y Revenue Exit 8,001 KRW 11,164 KRW 15,350 KRW 36
10Y EBITDA Exit 8,552 KRW 11,908 KRW 16,307 KRW 37
10Y P/E Exit 9,002 KRW 12,818 KRW 17,442 KRW 35
Earnings-Based
Graham-Dodd 3,786 KRW 11,355 KRW 15,045 KRW 54
Lynch FV 2,408 KRW 3,440 KRW 4,473 KRW 50
PEG = 1.0 2,408 KRW 3,440 KRW 4,473 KRW 46
EPV 7,400 KRW 8,289 KRW 9,079 KRW 59
Multiples
P/E Multiple 8,351 KRW 11,134 KRW 13,918 KRW 63
P/S Multiple 7,098 KRW 9,464 KRW 11,830 KRW 58
P/B Multiple 7,098 KRW 9,464 KRW 11,830 KRW 55
EV/EBIT 10,971 KRW 13,841 KRW 16,711 KRW 53
EV/EBITDA 9,538 KRW 11,931 KRW 14,323 KRW 54
EV/Revenue 8,165 KRW 10,652 KRW 13,139 KRW 43
Asset-Based
NCAV (Graham) 3,742 KRW 5,014 KRW 7,484 KRW 50
Growth DCF
Growth DCF 8,643 KRW 11,828 KRW 16,595 KRW 72
Rev-Margin DCF 8,096 KRW 11,493 KRW 15,360 KRW 67
Economic Profit
Residual Income 6,237 KRW 6,659 KRW 7,439 KRW 61
ROIC Compounder 7,400 KRW 8,754 KRW 10,583 KRW 67
Growth Earnings
Growth-Adj P/E 6,853 KRW 9,789 KRW 12,726 KRW 68

Widest divergence: DCF Models (11,908 KRW) versus Earnings-Based (3,440 KRW). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) 113B KRW
Revenue growth (YoY) +0.2%
Net margin 11.0%
Return on equity 10.1%
Free cash flow 8.5B KRW FY2025
Operating margin 22.5%
More key figures
EPS growth (YoY) +121%

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 58 · Market factors (momentum, volatility) 49

Profitability 56
Margins and returns on capital today
Quality Growth 8
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 53
Distance to the 52-week high (market factor)
Net Issuance 82
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

Manyo Factory Co., Ltd produces and sells skin care products in South Korea. It offers cleanser, toner, skin, mist, ampoule, serum, oil, moisturizer, sun care, mask, pack, hair, body, lip, and hand cosmetic products. It operates in Australia, the United States, United Kingdom, Germany, Malaysia, Vietnam, Singapore, and Korea.

Full company description

Manyo Factory Co., Ltd produces and sells skin care products in South Korea. It offers cleanser, toner, skin, mist, ampoule, serum, oil, moisturizer, sun care, mask, pack, hair, body, lip, and hand cosmetic products. It operates in Australia, the United States, United Kingdom, Germany, Malaysia, Vietnam, Singapore, and Korea. The company was founded in 2012 and is based in Seoul, South Korea. Manyo Factory Co., Ltd operates as a subsidiary of K-Beauty Holdings Limited Company.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Manyo Factory Co reported revenue of 113B KRW in FY2025 versus 62.6B KRW in FY2021, a compound +15.9%/yr. Reported net income was 9.1B KRW in FY2025, compounding −10.4%/yr from FY2021.

Growth Quality 59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
113B KRW
Latest YoY
−11.7%
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.
+3.5%
Revenue +15.9%/yr
FY21 62.6B KRW
FY22 102B KRW
FY23 105B KRW
FY24 128B KRW
FY25 113B KRW
Net income −10.4%/yr
FY21 14.2B KRW
FY22 17.3B KRW
FY23 11.6B KRW
FY24 16.4B KRW
FY25 9.1B KRW

439090 screens 36% overvalued. Compare with The Procter & Gamble Company →

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Cite: Fair Value Calculator (2026). "Manyo Factory Co Fair Value". https://www.fairvalue-calculator.com/stock/439090

Peer Group

Household & Personal Products · 244 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 56 · Below median
Fair Value upside −36% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 7% · Above median
Net margin (TTM) 11% · Above median
Operating margin (TTM) 22% · Top 25%
Revenue growth 0% · Below median

Valuation Multiples vs Household & Personal Products 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 0 · sector 28
FUTURE 1 · sector 4
PAST 41 · sector 26
HEALTH 0 · sector 98
DIVIDEND 0 · sector 50

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Unilever PLC ULN 1,080 MXN 1,273 MXN +18%
Hindustan Unilever Limited HINDUNILVR ₹2,144 ₹1,000 -53%
Essity AB ESSITYA kr 279.00 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹1,088 ₹367.64 -66%
Marico Limited MARICO ₹846.75 ₹233.05 -72%
APR Co 278470 375,000 KRW 151,222 KRW -60%
Dabur India Limited DABUR ₹429.45 ₹181.60 -58%
Kimberly-Clark de México, S. A. B. de C. V., KIMBERA 38.07 MXN 50.09 MXN +32%
PT Unilever Indonesia Tbk UNVR 1,730 IDR 1,934 IDR +12%

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Frequently asked questions

Is Manyo Factory Co (439090) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 11,134 KRW versus a price of 17,330 KRW, about −36% (overvalued).
What is the fair value of 439090?
Our model-based fair value for Manyo Factory Co is 11,134 KRW (as of Jul 21, 2026), built from audited fundamentals. The current price is 17,330 KRW.
What is the quality score of 439090?
Manyo Factory Co has a Quality Score of 56/100. 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 Manyo Factory Co (439090)?
Manyo Factory Co reported trailing-twelve-month revenue of about 113B KRW (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 439090?
The net profit margin of Manyo Factory Co is about 11.0%, meaning it keeps roughly 11.0% 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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