Shinpoong Pharmaceutical Co.,Ltd

019175.KS · Healthcare · Drug Manufacturers - Specialty & Generic · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

180.52M USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

180.52M USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

180.52M USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

180.52M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

550.58M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.33×

the ratio the screener ranks by

Margin of Safety

-205.0%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 180.52M USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).

The earnings power value was not computed (a normalized NOPAT at or below zero), so the value is the book value today, 180.52M USD.

Market value

Market Cap550.58M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-205.0%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 180.52M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.

The projection was not made (a profit at or below zero in the latest three years), so the value is the book value today, 180.52M USD, as the screener leaves it.

①Present Value of the 15 Years of FCFE

Not in the value

②Equity at Year 15, Today

Not in the value

Market value

Market Cap550.58M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-205.0%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 180.52M USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).

The projection was not made (a change in working capital above half the operating profit in the latest three years), so the value is the book value today, 180.52M USD, as the screener leaves it.

①Present Value of the 15 Years of FCFF

Not in the value

②Invested Capital at Year 15, Today

Not in the value

③Net Cash Today

Not in the value

Market value

Market Cap550.58M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-205.0%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 11.12%
Cost of Equity =Risk-Free Rate 4.50%+Beta 1.16×Market Risk Premium 6.00%= 11.48%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 43.49K USDPretax Income 5.88M USD= 0.74%

The tax the interest saves.

Interest Expense =EBIT 7.76M USD−Pretax Income 5.88M USD= 1.87M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 1.87M USDTotal Debt 34.59M USD×(1 − Tax Rate for WACC 0.74%)= 5.37%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 34.59M USDMarket Cap + Total Debt 550.58M USD + 34.59M USD= 5.91%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 94.09%×Cost of Equity 11.48%+Debt Weight 5.91%×Cost of Debt 5.37%= 11.12%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 237.96M USD − Total Liabilities 57.44M USD = Book Value Today 180.52M USD

Total Debt 34.59M USD − Cash and Short-Term Investments 46.95M USD = Net Debt Today -12.35M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 14.9%at most 5%passes51,708,339 / 49,271,029
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets2.5%at least -10.0%passes(12.01M USD − 6.14M USD) ÷ 237.96M USD
Price to bookMarket Cap ÷ Book Value Today3.05×at most 3×does not pass550.58M USD ÷ 180.52M USD
Operating marginOperating Income ÷ Revenue6.1%above 10.0%does not pass9.92M USD ÷ 163.37M USD
Revenue growthRevenue ÷ Revenue a Year Before − 18.3%above 10.0%does not pass163.37M USD / 150.82M USD
Net cash(Cash − Total Debt) ÷ Market Cap-0.6%above -30%passes(31.22M USD − 34.59M USD) ÷ 550.58M USD
Operating efficiencyOperating Income ÷ Gross Profit13.9%above 25.0%does not pass9.92M USD ÷ 71.47M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

14094.08 KRW

Enterprise value

724.86B KRW

the provider's own figure

EV / EBITDA

51.69×

Price / book

—

the provider's book

Price / earnings

—

Return on equity

-0.3%

the provider's figure, not this page's

Profit margin

-0.3%

Revenue growth

9.0%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

USD2022202320242025
Income statement

Revenue

166.23M156.85M150.82M163.37M

Gross profit

61.93M62.89M55.80M71.47M

Operating income

-27.02M-37.12M-11.62M9.92M

EBITDA

operating income before depreciation and amortisation

-17.41M-31.19M-18.52K15.69M

Pretax income

-27.63M-41.86M-9.97M5.88M

Net income

-28.10M-44.91M-10.50M6.14M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

-27.72M-44.42M-11.00M8.13M

R&D

24.13M33.12M12.20M7.27M
Balance sheet, year end

Total assets

287.16M274.24M233.36M245.37M

Total liabilities

24.45M62.12M57.30M56.90M

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

261.80M211.18M175.19M187.94M

Total debt

1.53M36.15M37.24M38.88M

Cash and equivalents

33.11M34.31M28.64M33.02M

Net PP&E

fixed assets after depreciation

90.36M92.94M78.72M75.69M

Working capital

current assets less current liabilities

134.53M96.00M77.41M97.34M
Cash flow

Operating cash flow

-21.00M-19.43M-10.34M12.01M

Capital expenditure

paid out, so below zero

-4.95M-11.77M-4.15M-2.78M

Depreciation and amortisation

10.17M9.33M8.16M7.93M

Free cash flow

operating cash flow plus capital expenditure

-25.95M-31.21M-14.49M9.23M