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MiCo BioMed Co Ltd
KOSDAQ:214610

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MiCo BioMed Co Ltd
KOSDAQ:214610
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Price: 2 290 KRW -2.35% Market Closed
Market Cap: ₩19.2B

P/B

0.7
Current
71%
Cheaper
vs 3-y average of 2.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.7
=
Market Cap
₩23.8B
/
Total Equity
₩25.8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.7
=
Market Cap
₩23.8B
/
Total Equity
₩25.8B

Valuation Scenarios

MiCo BioMed Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.5), the stock would be worth ₩7 765.22 (239% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+348%
Average Upside
233%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.7 ₩2 290
0%
3-Year Average 2.5 ₩7 765.22
+239%
5-Year Average 3.3 ₩10 269.58
+348%
Industry Average 2.9 ₩8 990.83
+293%
Country Average 1.1 ₩3 455.5
+51%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Korea
Percentile
33rd
Based on 1 345 companies
33rd percentile
0.7
Low
0.1 — 0.7
Typical Range
0.7 — 2.3
High
2.3 —
Distribution Statistics
Korea
Min 0.1
30th Percentile 0.7
Median 1.1
70th Percentile 2.3
Max 2 461.2

MiCo BioMed Co Ltd
Glance View

Market Cap
19.2B KRW
Industry
Health Care

MiCo BioMed Co. Ltd. engages in the development, manufacture and sale of in vitro diagnosis medical devices and diagnostic reagents. The company is headquartered in Seongnam, Gyeonggi-Do. The company went IPO on 2015-06-22. The firm operates its business through three segments. The Molecular Diagnosis segment mainly manufactures and sells products such as nucleic acid extraction equipment, gene amplification equipment, reagents, and lab chips. The Biochemical Diagnosis segment mainly manufactures and supplies products such as complex diagnostics, anemia meters, blood glucose meters, medical devices and strips. The Immunodiagnostic Business segment mainly produces and sells immunodiagnostic devices and immunodiagnostic kits.

Intrinsic Value
2 754.42 KRW
Undervaluation 17%
Intrinsic Value
Price ₩2 290
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