Nongshim Holdings Co., Ltd. (072710) AI Stock Analysis

Nongshim Holdings Co., Ltd.

(Korea Exchange:072710)

Select Model

Rating:66Neutral

Price Target:KRW 90,936.00▲(6.48% Upside)

Action:initiatedcoverage

Date:10/28/26

The score is driven primarily by mixed financial performance (solid revenue growth, strong net margins, and a low-leverage balance sheet, but a concerning TTM drop in operating profitability and inconsistent cash conversion). Extremely low valuation with a healthy dividend materially lifts the score, while weak technical momentum and a price below key moving averages meaningfully offsets it.

Positive Factors

Revenue GrowthConstructive revenue growth indicates continued demand for the group’s branded food portfolio and provides a durable base for earnings. If sustained, expanding sales can support scale benefits, preserve market reach, and give management resources to reinvest across operating affiliates.

Negative Factors

Operating Profitability DeteriorationA negative TTM operating margin signals that core business profitability has weakened materially, even though net margin remains positive. If persistent, this could reduce earnings quality, constrain reinvestment, and make future results more sensitive to costs and operating execution.

Nongshim Holdings Co., Ltd. (072710) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 396.07B
Dividend Yield: 3.51%
Average Volume (3M): 3,157
Price to Earnings (P/E): 3.0
Beta (1Y): 0.26
Revenue Growth: 39.69%
EPS Growth: 130.81%
Country: KR
Employees: 8
Sector: General
Sector Strength: 55
Industry: Packaged Foods

Nongshim Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

Nongshim Holdings Co., Ltd., a South Korean enterprise established in Seoul in 1965, operates a diverse range of businesses. Its primary focus is the manufacturing and distribution of food products, including popular items like instant noodles, snack...

Nongshim Holdings Co., Ltd. Financial Statement Overview

Summary

Financial profile is stable but uneven. Revenue is growing (TTM +6.7%), and net margin remains strong (~13–14%), while the balance sheet is conservatively levered (low debt-to-equity) with improving ROE (~9–10% TTM). The main risk is the sharp TTM deterioration in operating profitability (operating margin turning negative) and historically volatile cash flows with only ~60% FCF-to-net-income conversion in TTM.

Income Statement

62Positive

Balance Sheet

78Positive

Cash Flow

56Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	973.66B	799.71B	798.27B	769.50B	674.58B	641.50B
Gross Profit	148.73B	97.96B	146.98B	131.39B	105.92B	102.78B
EBITDA	7.13B	38.95B	105.17B	94.20B	65.55B	68.62B
Net Income	132.02B	114.58B	74.75B	67.15B	34.10B	49.07B
Balance Sheet
Total Assets	2.02T	1.84T	1.61T	1.51T	1.39T	1.33T
Cash, Cash Equivalents and Short-Term Investments	69.50B	54.83B	62.28B	48.95B	44.33B	35.03B
Total Debt	239.15B	221.01B	140.29B	142.42B	94.73B	70.99B
Total Liabilities	623.56B	515.76B	393.97B	380.78B	311.86B	289.72B
Stockholders Equity	1.40T	1.32T	1.22T	1.12T	1.08T	1.04T
Cash Flow
Free Cash Flow	24.81B	9.25B	32.10B	-27.47B	-13.03B	28.57B
Operating Cash Flow	41.44B	26.02B	55.22B	-16.73B	9.74B	42.39B
Investing Cash Flow	-96.95B	-70.70B	-32.68B	-17.70B	-24.31B	-20.11B
Financing Cash Flow	47.37B	64.76B	-18.67B	33.59B	13.82B	-20.22B

Nongshim Holdings Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price85400.00

Price Trends

50DMA90500.00Negative

100DMA89981.00Negative

200DMA90939.24Negative

Market Momentum

MACD-1529.75Positive

RSI38.33Neutral

STOCH30.20Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:072710, the sentiment is Negative. The current price of 85400.00 is below the 20-day moving average (MA) of 87145.00, below the 50-day MA of 90500.00, and below the 200-day MA of 90939.24, indicating a bearish trend. The MACD of -1529.75 indicates Positive momentum. The RSI at 38.33 is Neutral, neither overbought nor oversold. The STOCH value of 30.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:072710.

Nongshim Holdings Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:072710 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:005180	72Outperform	KRW 616.41B	7.98	―	4.19%	3.60%	3.25%
KR:072710	66Neutral	KRW 396.07B	3.00	―	3.51%	39.69%	130.81%
KR:101530	57Neutral	KRW 126.22B	5.79	―	5.25%	-0.06%	-18.00%
KR:007310	56Neutral	KRW 1.19T	13.63	―	2.83%	3.64%	-35.63%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:005610	53Neutral	KRW 314.89B	-33.76	―	2.57%	0.18%	-121.34%
KR:097950	49Neutral	KRW 2.67T	-4.09	―	3.46%	-6.75%	-591.24%

* General Sector Average

Performance Comparison

KR:072710 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:072710	Nongshim Holdings Co., Ltd.	85400.00	-3534.23	-3.97%
KR:005180	Binggrae Co., Ltd	78700.00	8110.10	11.49%
KR:005610	SAMLIP	38850.00	-11342.13	-22.60%
KR:007310	OTOKI Corporation	317500.00	-59611.34	-15.81%
KR:097950	CJ CheilJedang Corporation	173200.00	-47238.27	-21.43%
KR:101530	Haitai Confectionery & Foods Co., Ltd.	4760.00	-1290.15	-21.32%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

Nongshim Holdings Co., Ltd. AI Stock Analysis