Namyang Dairy Products Valuation

Q: What is the Fair Price of A003925 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A003925 (₩37750) is trading above our estimate of [[fair value]] (₩27199.5)

Is A003925 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A003925 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A003925 (₩37750) is trading above our estimate of fair value (₩27199.5)

Significantly Below Fair Value: A003925 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A003925?

Key metric: As A003925 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A003925. This is calculated by dividing A003925's market cap by their current revenue.
What is A003925's PS Ratio?
PS Ratio	0.6x
Sales	₩962.75b
Market Cap	₩526.92b

A003925 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.5x
Enterprise Value/EBITDA	-13.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A003925's PS Ratio compare to its peers?

The above table shows the PS ratio for A003925 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.1x
A000070 Samyang Holdings	0.2x	n/a	₩528.4b
A145990 Samyang	0.2x	n/a	₩498.7b
A003380 Harim Holdings	0.05x	n/a	₩579.7b
A017810 Pulmuone	0.1x	4.8%	₩423.6b
A003925 Namyang Dairy Products	0.6x	n/a	₩526.9b

Price-To-Sales vs Peers: A003925 is expensive based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.1x).

Price to Sales Ratio vs Industry

How does A003925's PS Ratio compare vs other companies in the KR Food Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
A003380 Harim Holdings	0.05x	n/a	US$415.05m
A084690 Daesang Holdings	0.06x	n/a	US$232.81m
A136490 SunjinLtd	0.09x	n/a	US$106.75m
A027710 FarmStory	0.09x	n/a	US$95.50m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: A003925 is expensive based on its Price-To-Sales Ratio (0.6x) compared to the KR Food industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is A003925's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A003925 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate A003925's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Lotte WellfoodLtd

₩1.0t

Manufactures and sells various confectionery products in South Korea and internationally.

A280360

₩114,200.00

0.3%

-12.0%

HITEJINRO

₩1.4t

Manufactures and sells alcoholic beverages in South Korea.

A000080

₩20,750.00

-0.5%

-7.4%

Dongwon F&B

₩609.7b

Operates as a food supplier in South Korea.

A049770

₩31,600.00

1.6%

0.8%