Nongshim Co Ltd
KRX:004370
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.9), the stock would be worth ₩441 192.33 (16% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.8 | ₩379 500 |
0%
|
| 3-Year Average | 0.9 | ₩441 192.33 |
+16%
|
| 5-Year Average | 0.9 | ₩417 660.65 |
+10%
|
| Industry Average | 0.5 | ₩236 350.26 |
-38%
|
| Country Average | 1.1 | ₩544 212.57 |
+43%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| KR |
|
Nongshim Co Ltd
KRX:004370
|
2.2T KRW | 0.8 | 13 | |
| JP |
G
|
Goyo Foods Industry Co Ltd
TSE:2230
|
53.2T JPY | 77 420.4 | 540 752.8 | |
| CH |
|
Nestle SA
SIX:NESN
|
206.9B CHF | 6.2 | 22.7 | |
| US |
|
Mondelez International Inc
NASDAQ:MDLZ
|
75B USD | 2.9 | 30.6 | |
| FR |
|
Danone SA
PAR:BN
|
43.1B EUR | 2.5 | 23.5 | |
| ZA |
T
|
Tiger Brands Ltd
JSE:TBS
|
48.7B ZAR | 2.9 | 12.8 | |
| US |
|
Hershey Co
NYSE:HSY
|
38.1B USD | 8.2 | 43.2 | |
| CN |
|
Muyuan Foods Co Ltd
SZSE:002714
|
236.5B CNY | 3.2 | 25.2 | |
| CN |
|
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
|
229.3B CNY | 5.5 | 32.6 | |
| ZA |
A
|
Avi Ltd
JSE:AVI
|
33B ZAR | 5.9 | 12.8 | |
| IN |
|
Nestle India Ltd
NSE:NESTLEIND
|
2.8T INR | 54.6 | 80.5 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 0.7 |
| Median | 1.1 |
| 70th Percentile | 2.3 |
| Max | 2 461.2 |
Other Multiples
Nongshim Co Ltd
Glance View
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.