Nongshim Co Ltd
KRX:004370

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Nongshim Co Ltd
KRX:004370
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Price: 377 500 KRW -1.95%
Market Cap: ₩2.3T

EV/GP

1
Current
31%
Cheaper
vs 3-y average of 1.5

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
1
=
Enterprise Value
₩1.1T
/
Gross Profit
₩1T

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
1
=
Enterprise Value
₩1.1T
/
Gross Profit
₩1T

Valuation Scenarios

Nongshim Co Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (1.5), the stock would be worth ₩547 093.03 (45% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+431%
Average Upside
144%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 1 ₩377 500
0%
3-Year Average 1.5 ₩547 093.03
+45%
5-Year Average 1.5 ₩541 942.54
+44%
Industry Average 1.6 ₩585 775.42
+55%
Country Average 5.4 ₩2 004 006.87
+431%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
KR
Nongshim Co Ltd
KRX:004370
2.2T KRW 1 12.9
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 70 536.4 540 752.8
CH
Nestle SA
SIX:NESN
204B CHF 6 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 8.8 32.1
FR
Danone SA
PAR:BN
42.7B EUR 3.5 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.9B ZAR 4 12.5
US
Hershey Co
NYSE:HSY
37.7B USD 10.6 42.7
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY 14.5 25
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 16.5 32.1
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 4.7 12.8
JP
Ajinomoto Co Inc
TSE:2802
4.9T JPY 9.1 63.2

Market Distribution

Lower than 92% of companies in Korea
Percentile
8th
Based on 1 175 companies
8th percentile
1
Low
0 — 2.7
Typical Range
2.7 — 10.1
High
10.1 —
Distribution Statistics
Korea
Min 0
30th Percentile 2.7
Median 5.4
70th Percentile 10.1
Max 19 609.2

Nongshim Co Ltd
Glance View

Market Cap
2.3T KRW
Industry
Food Products

In the bustling heart of South Korea's food industry lies Nongshim Co Ltd, a titan that has long been at the forefront of the instant noodle market. Founded in 1965, Nongshim has woven itself into the fabric of South Korean culinary life, propelled by its flagship product, Shin Ramyun. With its spicy flavor capturing palates worldwide, the company has deftly transformed humble noodles into a global sensation. The key to Nongshim's success is an unwavering commitment to quality and innovation, rooted in traditional flavors but constantly experimenting with contemporary tastes and preferences. Leveraging a robust distribution network, Nongshim ensures its products are readily available in supermarkets, convenience stores, and online platforms, reaching consumers on a global scale. Yet, Nongshim's operations extend beyond just instant noodles. The company has diversified into producing snacks, bottled water, and instant rice products, each contributing to its revenue stream. By tapping into the increased demand for convenience foods fuelled by changing lifestyles, Nongshim continues to expand its market presence. Through strategic marketing initiatives, including partnerships and targeted advertising, the company maintains a strong brand image and loyalty among consumers. Furthermore, Nongshim's commitment to sustainable practices and quality control assures its products meet global standards, appealing to health-conscious customers and strengthening its position in the competitive food industry.

Intrinsic Value
309 809.83 KRW
Overvaluation 18%
Intrinsic Value
Price ₩377 500
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