Risk factor
Strong & resilient to price shocks
Profitability factor
Decent dividends
About
Nongshim Co., Ltd. operates as a prominent food manufacturer and distributor across a wide international footprint, including South Korea, China, the United States, Japan, Canada, Australia, and Vietnam. The firm's comprehensive product line features a diverse array of instant noodles, such as the popular Shin Ramyun, Shin Ramyun Black, Yukejang Bowl Noodle Soup, Udon Noodle Soup, Chapaghetti, Neoguri, Kimchi Ramyun, Shin Cup Noodle Soup, Kimchi Big Bowl, Doongji Cold Noodles, Gomtang Ramyun, Potato Noodle Soup, Uma Cup, Shin Ramyun Red Cup, Zha Wang, and Hot & Spicy Bowl Noodle. Beyond noodles, Nongshim also produces various snacks, including Shrimp Crackers, Onion Rings, and Pawn Snack, alongside beverages like natural water (e.g., Baeksan Artesian Water), juices, and sodas. Furthermore, the company acts as an importer and distributor for established international brands such as Kellogg's cereals, Chupa Chups candies, Tulip products, House Curry, and Vono Soup. Founded in 1965, the enterprise was originally named Lotte Industrial Company before adopting its current identity, Nongshim Co., Ltd., in March 1978. Its corporate headquarters are situated in Seoul, South Korea.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of 004370.KS is 497573 and suggests 20.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation