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Krka, d. d., a generic pharmaceutical company, (KRK) Fair Value & Analysis

Healthcare · PL · Market cap 35.3B PLN

KD Krka, d. d., a generic pharmaceutical company, KRK · WAR
Price1,122 PLN
Fair Value1,134 PLN
Upside+1.1%
Quality79/100
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Healthy Growth
Solidly profitable · 17.8% net margin
generates free cash flow
0.78% dividend yield
Mixed vs. peers (7/13)
Wide moat 71/100
Evidence: High Range 803.25 PLN – 1,415 PLN Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 21 days ago

Fair value updated Jul 17, 2026, revised from 272.37 PLN to 1,134 PLN (+316.4%) since Jun 24, 2026. Share price −0.5% over the past month.

A strong business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 803.25 PLN (bear) to 1,415 PLN (bull), base 1,134 PLN. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 79/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

1,178 PLN 316.08 PLN Fair Value 1,134 PLN Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 316.08 PLN – 1,178 PLN · fair‑value band 803.25 PLN – 1,415 PLN · the 1,122 PLN price screens below the 1,134 PLN fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Krka, d. d., a generic pharmaceutical company, (KRK) currently trades at 1,122 PLN, while our model-based Fair Value estimate is 1,134 PLN, implying the stock looks roughly 1.1% fairly valued today. We read business quality at 79/100 (high 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: high), always confirm before acting.

Over the trailing twelve months, Krka, d. d., a generic pharmaceutical company, generated revenue of 2.1B PLN at a net margin of 17.8%. Revenue grew 8.4% year over year. It earns a return on equity of 15.2%. The balance sheet holds a net cash position of 330M PLN. Fundamentals as of Jul 17, 2026

Our scenario range runs from 803.25 PLN (bear case) to 1,415 PLN (bull case); at 1,122 PLN, the current price sits within 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 5% below its 52-week high and 50% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at 1%, KRK 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 BearBaseBull Evidence
Highest evidence
Residual Income 402.23 PLN 528.26 PLN 1,670 PLN 76
Growth DCF 789.37 PLN 1,117 PLN 1,575 PLN 72
Growth-Adj P/E 732.11 PLN 1,046 PLN 1,360 PLN 68
All 24 models by family
DCF Models
FCF DCF 772.80 PLN 1,134 PLN 1,668 PLN 38
Owner Earnings 719.46 PLN 1,054 PLN 1,549 PLN 31
5Y Revenue Exit 639.51 PLN 939.47 PLN 1,312 PLN 39
5Y EBITDA Exit 780.26 PLN 1,197 PLN 1,670 PLN 41
5Y P/E Exit 831.63 PLN 1,290 PLN 1,759 PLN 38
10Y Revenue Exit 665.79 PLN 947.29 PLN 1,305 PLN 36
10Y EBITDA Exit 770.78 PLN 1,124 PLN 1,573 PLN 37
10Y P/E Exit 803.23 PLN 1,188 PLN 1,639 PLN 35
Earnings-Based
Graham-Dodd 416.55 PLN 1,144 PLN 1,501 PLN 54
Lynch FV 227.24 PLN 324.63 PLN 422.07 PLN 50
PEG = 1.0 227.24 PLN 324.63 PLN 422.07 PLN 46
EPV 593.39 PLN 683.46 PLN 762.31 PLN 59
Multiples
P/E Multiple 918.85 PLN 1,225 PLN 1,531 PLN 63
P/S Multiple 581.33 PLN 775.15 PLN 968.93 PLN 58
P/B Multiple 780.99 PLN 1,041 PLN 1,302 PLN 55
EV/EBIT 1,008 PLN 1,327 PLN 1,645 PLN 53
EV/EBITDA 881.43 PLN 1,158 PLN 1,434 PLN 54
EV/Revenue 595.41 PLN 827.99 PLN 1,061 PLN 43
Asset-Based
NCAV (Graham) 179.14 PLN 240.08 PLN 358.32 PLN 50
Growth DCF
Growth DCF 789.37 PLN 1,117 PLN 1,575 PLN 72
Rev-Margin DCF 639.51 PLN 945.91 PLN 1,288 PLN 67
Economic Profit
Residual Income 402.23 PLN 528.26 PLN 1,670 PLN 76
ROIC Compounder 624.18 PLN 766.96 PLN 929.89 PLN 67
Growth Earnings
Growth-Adj P/E 732.11 PLN 1,046 PLN 1,360 PLN 68

Widest divergence: DCF Models (1,124 PLN) versus Asset-Based (240.08 PLN). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.1B PLN
Revenue growth (YoY) +8.4%
Net margin 17.8%
Return on equity 15.2%
Free cash flow 430M PLN FY2025
P/E ratio 22.7
More key figures
Operating margin 26.8%
EPS (TTM) 51.19 PLN
Dividend yield 0.8%
EPS growth (YoY) -25.8%
Net cash 330M PLN FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 79/100

Of which business quality 76 · Market factors (momentum, volatility) 74

Profitability 68
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 78
Distance to the 52-week high (market factor)
Net Issuance 92
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

Krka, d. d., a generic pharmaceutical company, develops, produces, markets, and sells prescription pharmaceuticals, non-prescription products, and animal health products in Slovenia, South-East Europe, East Europe, Central Europe, West Europe, and internationally.

Full company description

Krka, d. d., a generic pharmaceutical company, develops, produces, markets, and sells prescription pharmaceuticals, non-prescription products, and animal health products in Slovenia, South-East Europe, East Europe, Central Europe, West Europe, and internationally. The company offers prescription pharmaceuticals for cardiovascular, central nervous system, gastrointestinal tract, pain, diabetes, and other therapeutic areas. It also provides non-prescription products for cough, cold, cerebral, peripheral circulation, gastrointestinal tract, metabolism, and other therapeutic areas, as well as analgesics, vitamins, minerals, and vasoprotectives. In addition, the company offers animal health products, including antiparasitics, antimicrobials, and other products. Further, it provides health resort and tourist services. The company was founded in 1954 and is based in Novo Mesto, Slovenia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Krka, d. d., a generic pharmaceutical company, reported revenue of 2.0B PLN in FY2025 versus 1.6B PLN in FY2021, a compound +6.9%/yr. Reported net income was 403M PLN in FY2025, compounding +6.9%/yr from FY2021.

Growth Quality 81/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.0B PLN
Latest YoY
+6.9%
Avg. growth/yr (3Y)
+5.9%
Avg. growth/yr (5Y)
+5.9%
Avg. growth/yr (15Y)
+4.8%
Revenue +6.9%/yr
FY21 1.6B PLN
FY22 1.7B PLN
FY23 1.8B PLN
FY24 1.9B PLN
FY25 2.0B PLN
Net income +6.9%/yr
FY21 309M PLN
FY22 363M PLN
FY23 314M PLN
FY24 357M PLN
FY25 403M PLN

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Cite: Fair Value Calculator (2026). "Krka, d. d., a generic pharmaceutical company, Fair Value". https://www.fairvalue-calculator.com/stock/KRK

Peer Group

Drug Manufacturers - Specialty & Generic · 625 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 79 · Top 25%
Fair Value upside +1% · Above median
Return on equity (TTM) 15% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 27% · Top 25%
Revenue growth 8% · Above median
Dividend yield (TTM) 0.8% · Below median

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

P/E (TTM) 22.7× · Pricier than median
P/B 4.02× · Pricier than 75% of peers
P/S (TTM) 4.55× · Pricier than 75% of peers
P/FCF 22.0× · Pricier than 75% of peers
EV/EBITDA 15.7× · Pricier 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 35 · sector 9
FUTURE 42 · sector 20
PAST 61 · sector 23
HEALTH 0 · sector 97
DIVIDEND 16 · sector 35

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 Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.19 ¥25.94 -51%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,933 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹7,316 ₹1,943 -73%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,763 ₹1,329 -72%
PharmaEssentia Corporation 6446 1,285 TWD 221.01 TWD -83%
Cipla Limited CIPLA ₹1,439 ₹1,001 -30%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,151 ₹703.32 -39%
Lupin Limited LUPIN ₹2,443 ₹2,477 +1%
Mankind Pharma Limited MANKIND ₹2,484 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,211 ₹874.79 -28%

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Frequently asked questions

Is Krka, d. d., a generic pharmaceutical company, (KRK) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 1,134 PLN versus a price of 1,122 PLN, about +1% (fairly valued).
What is the fair value of KRK?
Our model-based fair value for Krka, d. d., a generic pharmaceutical company, is 1,134 PLN (as of Jul 17, 2026), built from audited fundamentals. The current price is 1,122 PLN.
What is the quality score of KRK?
Krka, d. d., a generic pharmaceutical company, has a Quality Score of 79/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Krka, d. d., a generic pharmaceutical company, (KRK)?
Krka, d. d., a generic pharmaceutical company, reported trailing-twelve-month revenue of about 2.1B PLN (latest available figure, as of Jul 17, 2026).
What is the net profit margin of KRK?
The net profit margin of Krka, d. d., a generic pharmaceutical company, is about 17.8%, meaning it keeps roughly 17.8% 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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