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NPK Co (048830) Fair Value & Analysis

Basic Materials · KR · Market cap 20.0B KRW

NC NPK Co 048830 · KQ
Price1,017 KRW
Fair Value1,028 KRW
Upside+1.1%
Quality65/100
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Mixed Growth
Thin margins · 3.9% net margin
Low debt · generates free cash flow
3.10% dividend yield
Ranks above peers (6/10)
Narrow moat 22/100
Evidence: High Range 771.24 KRW – 1,285 KRW Share as image

Fair value as of: Jul 20, 2026

From 21 valuation models · updated 21 days ago

Share price +5.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 771.24 KRW (bear) to 1,285 KRW (bull), base 1,028 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

2,910 KRW 729.00 KRW Fair Value 1,028 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 729.00 KRW – 2,910 KRW · fair‑value band 771.24 KRW – 1,285 KRW · the 1,017 KRW price screens below the 1,028 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

NPK Co (048830) currently trades at 1,017 KRW, while our model-based Fair Value estimate is 1,028 KRW, implying the stock looks roughly 1.1% fairly valued today. The Quality Score stands at 65/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, NPK Co generated revenue of 65.8B KRW at a net margin of 3.9%. Revenue declined 12.1% year over year. Net debt stands at 8.0B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 771.24 KRW (bear case) to 1,285 KRW (bull case); at 1,017 KRW, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 61% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 1%, 048830 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 864.80 KRW 918.60 KRW 993.02 KRW 80
Residual Income 1,762 KRW 1,687 KRW 1,371 KRW 76
ROIC Compounder 997.66 KRW 1,044 KRW 1,085 KRW 72
All 21 models by family
DCF Models
FCF DCF 860.01 KRW 916.65 KRW 998.33 KRW 38
Owner Earnings 2,728 KRW 3,536 KRW 4,700 KRW 31
5Y Revenue Exit 1,061 KRW 1,280 KRW 1,556 KRW 39
5Y EBITDA Exit 2,134 KRW 3,151 KRW 4,304 KRW 41
5Y P/E Exit 1,195 KRW 1,513 KRW 1,833 KRW 38
10Y Revenue Exit 969.66 KRW 1,151 KRW 1,374 KRW 36
10Y EBITDA Exit 1,649 KRW 2,402 KRW 3,326 KRW 37
10Y P/E Exit 1,066 KRW 1,306 KRW 1,570 KRW 35
Earnings-Based
Graham-Dodd 411.33 KRW 841.04 KRW 1,060 KRW 54
EPV 997.66 KRW 1,044 KRW 1,085 KRW 59
Multiples
P/E Multiple 771.24 KRW 1,028 KRW 1,285 KRW 63
P/S Multiple 771.24 KRW 1,028 KRW 1,285 KRW 58
P/B Multiple 771.24 KRW 1,028 KRW 1,285 KRW 55
EV/EBIT 1,288 KRW 1,478 KRW 1,668 KRW 53
EV/EBITDA 3,202 KRW 4,029 KRW 4,857 KRW 54
EV/Revenue 1,212 KRW 1,424 KRW 1,635 KRW 43
Asset-Based
NCAV (Graham) 1,236 KRW 1,657 KRW 2,473 KRW 50
Growth DCF
Growth DCF 864.80 KRW 918.60 KRW 993.02 KRW 80
Economic Profit
Residual Income 1,762 KRW 1,687 KRW 1,371 KRW 76
ROIC Compounder 997.66 KRW 1,044 KRW 1,085 KRW 72
Growth Earnings
Growth-Adj P/E 569.03 KRW 812.90 KRW 1,057 KRW 68

Widest divergence: Asset-Based (1,657 KRW) versus Growth Earnings (812.90 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 65.8B KRW
Revenue growth (YoY) -12.1%
Net margin 3.9%
Return on equity -191%
Free cash flow 253M KRW FY2025
Operating margin 2.4%
More key figures
Dividend yield 3.1%
EPS growth (YoY) -89.1%
Net debt 8.0B KRW FY2021

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 64 · Market factors (momentum, volatility) 39

Profitability 36
Margins and returns on capital today
Quality Growth 88
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 42
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

NPK Co.,Ltd manufactures and sells plastics in South Korea and internationally. The company's Plastics division produces various engineering plastics, including PP, ABS, PBT, and PC compounds, as well as nylon used in electrical and electronic parts, industrial parts, auto parts, high strength and heat-resistance products, flame resistance products, and …

Full company description

NPK Co.,Ltd manufactures and sells plastics in South Korea and internationally. The company's Plastics division produces various engineering plastics, including PP, ABS, PBT, and PC compounds, as well as nylon used in electrical and electronic parts, industrial parts, auto parts, high strength and heat-resistance products, flame resistance products, and washing machine and washer tubs. This division also offers color and additive masterbatch products that are used in automobiles, electric/electronic parts, sheets, films, and fibers. Its Nano division provides conductive Nano ink under the Nano-CoIn brand; polymer masterbatches with antibacterial colloid Nano silver and Nano silver under the Nano-Des brand; and Nano-sized metal solutions under the Nano-Me brand. The company's RFID/USN division offers RFID and USN systems for applications in various fields and industries, such as amusement parks, manufacturing, library management, logistics management, credit cards, retail, security, entertaining business, transportation management, warehousing, shipment and receipt, pharmaceutical, and healthcare. The company was formerly known as NIPI Korea Co., Ltd. and changed its name to NPK Co.,Ltd in February 2000. NPK Co.,Ltd was founded in 1987 and is headquartered in Seongnam-si, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NPK Co reported revenue of 83.8B KRW in FY2025 versus 64.6B KRW in FY2021, a compound +6.7%/yr. Reported net income was 1.1B KRW in FY2025, compounding −13.2%/yr from FY2021.

Growth Quality 44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
83.8B KRW
Latest YoY
+29.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.4%
Avg. growth/yr (22Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.3%
Revenue +6.7%/yr
FY21 64.6B KRW
FY22 65.2B KRW
FY23 63.0B KRW
FY24 64.6B KRW
FY25 83.8B KRW
Net income −13.2%/yr
FY21 2.0B KRW
FY22 1.5B KRW
FY23 1.7B KRW
FY24 −842M KRW
FY25 1.1B KRW

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Cite: Fair Value Calculator (2026). "NPK Co Fair Value". https://www.fairvalue-calculator.com/stock/048830

Peer Group

Chemicals · 333 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 65 · Top 25%
Fair Value upside +1% · Above median
Return on assets 1% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth -12% · Bottom 25%
Dividend yield (TTM) 3.1% · Top 25%

Valuation Multiples vs Chemicals median · lower = cheaper

P/FCF 0.1× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 35 · sector 0
FUTURE 0 · sector 20
PAST 0 · sector 19
HEALTH 100 · sector 94
DIVIDEND 62 · sector 27

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is NPK Co (048830) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 1,028 KRW versus a price of 1,017 KRW, about +1% (fairly valued).
What is the fair value of 048830?
Our model-based fair value for NPK Co is 1,028 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 1,017 KRW.
What is the quality score of 048830?
NPK Co has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of NPK Co (048830)?
NPK Co reported trailing-twelve-month revenue of about 65.8B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 048830?
The net profit margin of NPK Co is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.
Does NPK Co pay a dividend?
NPK Co currently shows a dividend yield of about 3.10% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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