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← CockpitCompetitor Analysis › 041830.KS InBody Co., Ltd.Open in the cockpit ↗

InBody Co., Ltd.041830.KSCompetitor analysis, valuation and peers

South Korea · KRW·Health Care›Medical Specialties
Momentum leader 80
Mkt cap
$378M
US dollars, full cap
Free float
62%
of shares outstanding
$/day
$3.35M
20-day average traded
Fwd P/E
11.4×
forward earnings
ROIC−WACC
+10.1 pp
WACC 7.2%
Hurdle
-25 pp
Req g minus delivered
Next earnings
10 days
16 Nov 2026
Close · KRW₩42,050
1D-26.6%
1W-9.7%
1M-20.8%
3M-26.7%
6M+42.5%
YTD+28.4%
1Y+47.8%
ATR %10.4%
52w lowhigh42.8% off high

What InBody does

Employees: 370

InBody at a glance

Size InBody (041830.KS) is a South Korea Health Care company (Medical Specialties) with a market value of $378M, the 410th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩42,050 on 6 Nov 2026.

Performance Over six months the shares gained 42.5%, against -20.2% for the median peer and -24.5% for the South Korea market (cap-weighted) — 3rd highest of 20 in its peer set.

Growth Revenue grew 21.3% over the last twelve months (peer median +6.8%); the operating margin is 18.9% (peer median 8.1%).

Valuation It trades at 11.4× forward earnings against a peer median of 19.2× (4th cheapest of 11).

Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -25 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 10.1 points above its cost of capital (7.2% WACC).

Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).

Relative performance

10015020025011 May 202611 Aug 20266 Nov 2026041830.KS 142Peer median 82
Six months, rebased to 100: InBody against the median of its 20 peers (local-currency closes).

InBody financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩264B₩234B₩204B₩170B₩160B
Revenue growth—+14%+20%+6%—
Gross profit₩197B₩174B₩153B₩128B₩117B
EBITDA₩59.1B₩44.7B₩42.7B₩44.3B₩46.1B
Net income₩46.5B₩30.6B₩33.1B₩36.7B₩33.8B
Free cash flow₩33.4B₩28.9B₩22.3B₩31.2B₩25.0B
Capital expenditure₩7.05B₩7.42B₩7.55B₩7.64B₩6.02B
Total debt₩8.01B₩10.3B₩8.42B₩6.08B₩6.40B

Quarterly statements and history in the cockpit →

InBody competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-40%-20%0%300753300653688273CU616096929VBSNCLTN688576EMBC3005624588706748041830.KS6-month return →1-month return →
Up and to the right = strong over both horizons. InBody is the large dot.

Fundamentals: revenue growth against valuation

0%+200%+400%0×500×1,000×300753300653688273458870041830.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. InBody is the large dot.

Capital: growth delivered against growth the price implies

0%+100%+200%0%100%200%30075330065368827316096929VBSN4736688338458870041830.KSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. InBody is the large dot.

InBody competitors and peer comparison

How InBody compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

InBody against its 20 peers (data as of 6 Nov 2026)
Measure041830.KSPeer medianRank in peer set
1-month return-20.8%-10.9%5th lowest of 21
6-month return+42.5%-20.2%3rd highest of 20
Distance from 52-week high-42.8%-40.0%9th lowest of 21
Revenue growth (TTM)+21.3%+6.8%6th highest of 20
Operating margin18.9%8.1%6th highest of 20
Forward P/E11.4×19.2×4th cheapest of 11
Growth the price implies (Req g, 7 yrs)-7.6%-5.3%7th least demanding of 13
Growth delivered (Del g)+16.9%+1.6%3rd highest of 13
Hurdle (Req g minus delivered)-24.5 pp-0.3 pp4th least demanding of 13
ROIC minus cost of capital+10.1 pp+5.6 pp8th highest of 19
EV / EBITDA6.4×9.1×3rd cheapest of 9
Net debt / EBITDA-2.3×-3.7×4th most indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
InBody 041830.KSSouth Korea$378M+43%+21%19%11.4×-7.6%+16.9%
Jiangsu Apon Medical Technology 300753.SZChina$376M-27%-15%-10%994.0×22.4%-5.1%
Yantai Zhenghai Bio-Tech 300653.SZChina$380M-23%-8%17%38.5×20.0%+4.4%
Mobia Medical MOBIUnited States$373Mn/a+105%-145%n/an/an/a
Nanjing Medlander Medical Technology 688273.SSChina$385M-44%-12%8%20.0×39.0%+5.2%
Clarity Pharmaceuticals CU6.AXAustralia$386M-48%n/an/an/an/an/a
Star Sports Medicine 1609.HKHong Kong$367M-76%+23%37%n/a-13.2%+36.8%
OrbusNeich Medical 6929.HKHong Kong$389M-3%+16%23%8.3×-18.5%+15.4%
IVF HARTMANN VBSN.SWSwitzerland$364M-5%+7%14%n/a-12.7%-1.3%
Taidoc Technology 4736.TWTaiwan$395M0%-6%18%n/a-8.0%-6.6%
COLTENE CLTN.SWSwitzerland$361M+3%-2%8%25.9×0.1%-0.7%
Chongqing Xishan Science and Technology 688576.SSChina$356M-26%-23%-29%15.2×n/an/a
Shenzhen Bioeasy Biotechnology 300942.SZChina$352M-27%+12%-2%n/an/an/a
Embecta EMBCUnited States$351M+70%-8%26%3.9×-19.9%-0.1%
Guangdong Transtek Medical Electronics 300562.SZChina$406M-13%+7%11%27.5×-2.5%-6.0%
Ningbo Tianyi Medical Appliance 301097.SZChina$407M-20%+46%8%n/an/an/a
Shanghai Kehua Bio-Engineering 002022.SZChina$407M-14%+3%-45%n/an/an/a
Cerus CERSUnited States$408M-23%+14%-12%n/an/an/a
Beijing Succeeder Technology 688338.SSChina$408M-15%-4%31%18.4×9.8%+3.4%
SEERS 458870.KSSouth Korea$409M-70%+425%43%10.1×-9.1%+247.0%
ACRO Biomedical 6748.TWOTaiwan$347M+129%+45%-178%n/an/an/a

Questions

Which companies are InBody's closest peers?
The cockpit's peer set: Jiangsu Apon Medical Technology (300753.SZ), Yantai Zhenghai Bio-Tech (300653.SZ), Mobia Medical (MOBI), Nanjing Medlander Medical Technology (688273.SS), Clarity Pharmaceuticals (CU6.AX), Star Sports Medicine (1609.HK), OrbusNeich Medical (6929.HK), IVF HARTMANN (VBSN.SW).
Is InBody expensive compared with its peers?
On forward p/e it trades at 11.4× against a peer median of 19.2×, 4th cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -25 pp: the price already allows for a slowdown.
How has InBody stock performed?
Over six months to 6 Nov 2026 the shares returned +42.5% against -20.2% for the median peer; over one year +47.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.