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JONBUR Research · Update note

You're reading an earlier report from Oct 13, 2026. See the latest report

Orion · 271560 · Food & Beverage

Orion Files September 2026 Preliminary Earnings; Only Korea Sales Visible in Excerpt

Why this report

Written after:

Orion filed a monthly preliminary consolidated earnings disclosure on 2026-10-13 for September 2026. The excerpt shows only Korea sales of 992 (units in 억원, i.e. ₩99.2B), up 3.0% from August, and the consolidated totals are blank, so the thesis is largely unchanged.

Written Oct 13, 2026 · Data as of Oct 12, 2026 · 0 views

This is not financial advice. The report does not recommend buying or selling anything.

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What happened

On 2026-10-13 Orion filed a preliminary consolidated earnings disclosure (fair disclosure) for the month of September 2026 (2026-09-01 to 2026-09-30). It compares with August 2026 and September 2025. The filing notes the figures are preliminary and may differ from final numbers.

In the excerpt, the consolidated rows for revenue, operating profit, pre-tax profit, net income and net income attributable to owners show no values. The only figures available are by country. Korea (Orion) shows 992 for September against 963 for August, a 3.0% increase. The filing states amounts in units of 억원, which converts to about ₩99.2B for September and ₩96.3B for August. The year-earlier September Korea figure and the other countries are cut off in the excerpt and are not available to us.

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Model estimate of fair value

Bear
₩161,883
+43%
Base
₩198,429
+76%
Bull
₩248,715
+120%

Model estimate based on the assumptions shown. Not a price target and not a buy or sell signal.

A simple 5-year discounted cash flow from filed statements (H1 2026): revenue growth 5.1% fading to 2%, discount rate 9%. Per share, not a price target. See and change the assumptions

Filings and data used

Report history

  1. Oct 27, 2026Update noteModel fair value changeOrion: Model Fair Value Estimate Rises 21% on Lower Discount Rate
  2. Oct 20, 2026Update noteNewsActivists Press Orion to Drop Bid for JoongAng Ilbo
  3. Oct 13, 2026Update noteEarningsOrion Files September 2026 Preliminary Earnings; Only Korea Sales Visible in Excerpt
  4. Oct 13, 2026InitiationOrion: Steady Margins and Low Multiples as Shares Fall Well Below Their 52-Week High

Built only from jonbur's own data: prices and investor flows, filed financial statements and filings, and news headlines. Disclosed (filed) data is labelled as such. Written by AI and may contain mistakes.

This is not financial advice. The report does not recommend buying or selling anything.

Source: KRX statistical information