NDFOS Co., Ltd.

NDFOS Co., Ltd.

KKRX:238090
1,599.00
KRW
-5.00
(-0.31%)
129.78EPS
18.60P/E
74.42BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7,616.56
4,719.26
5,468.58
3,430.62
1,276.35
5,053.12
3,056.67
2,679.72
3,811.64
2,074.94
2,282.33
2,214.91
1,960.55
Basic EPS, GAAP
667.98
1,130.05
1,156.65
529.06
-210
-37.5
400.05
764
-843
-585
-1,350
230
134.7
Free Cash Flow per Basic Share
816.1
1,780.24
952.04
-2,248.48
141.33
371.94
199.34
-86.31
-624.23
-204.89
390.64
300.36
239.83
Dividend per Share
- -
50.79
140.79
395.05
99.17
63.68
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
747.04
1,598.97
5,263.32
5,344.93
5,185.58
5,525.03
6,154.98
6,998.86
5,881.57
5,286.99
3,961.91
4,190.1
3,620.5
Tangible Book Value per Share
745.5
1,576.32
5,240.46
5,320.27
5,133.59
5,407.92
5,944
6,515.06
5,633.75
5,162.38
3,838.28
4,068.83
3,553.58
Basic Weighted Avg Shares
6
12
13
15
37
17
21
24
23
24
23
23
25
Sales/Revenue/Turnover
46,417
57,458
70,583
52,344
47,758
84,123
62,753
63,315
89,316
48,851
52,450
50,414
48,413
Operating Margin (%)
11.7
28.44
23.82
17.37
16.58
10.31
11.49
3.13
4.16
-5.82
3.72
9.53
6.43
Depreciation Expense
919
1,018
982
1,211
2,083
2,112
2,315
2,750
6,473
2,567
2,297
2,452
2,364
Net Income, GAAP
4,071
13,758
14,929
8,072
-7,858
-624
8,213
18,051
-19,753
-13,773
-31,025
5,235
3,326
Effective Tax Rate (%)
16.44
16.41
17.31
18.78
- -
- -
32.25
21.44
- -
- -
- -
18.71
- -
Profit Margin (%)
8.77
23.95
21.15
15.42
-16.45
-0.74
13.09
28.51
-22.12
-28.19
-59.15
10.38
6.87
Working Capital
5,536
15,894
72,170
35,607
43,599
64,327
79,636
135,980
74,826
73,212
42,022
41,683
16,397
LT Debt
3,986
1,268
651
34
- -
1,359
8,304
7,875
865
6,057
981
640
399
Total Equity
11,426
24,456
80,503
80,517
88,398
117,630
138,650
169,941
140,192
124,813
90,250
95,453
107,639
Return on Invested Capital (%)
- -
55.44
25.07
8.96
- -
- -
3.04
0.87
- -
- -
- -
3.94
- -
Return on Capital (%)
- -
58.03
27.4
9.97
- -
- -
7.06
10.73
- -
- -
- -
5.62
- -
Return on Common Equity (%)
- -
76.69
28.45
10.03
-9.52
-0.64
6.72
12.22
-13.14
-10.48
-28.91
5.64
3.32

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,635
14,344
34,852
LT Borrowings
- -
- -
- -
LT Finance Leases
640
514
399
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
30
30
Market Capitalization
42,426
90,169
74,423

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
53,934
43,377
58,982
Cash, Cash Equivalents & STI
27,707
15,855
30,492
Accounts Receivable, Net
5,434
6,383
7,111
Inventories
14,837
14,998
15,310
Total Current Liabilities
12,252
24,091
42,585
Payables & Accruals
- -
- -
- -
ST Debt
5,635
14,344
34,852
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.21%
-5.57%
5.76%
Free Cash Flow
-46.42%
18.1%
-23.84%
Net Income, GAAP
-185.39%
-22.31%
-116.87%
Sales/Revenue/Turnover
3.91%
0.03%
-3.88%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,761
13,780
11,904
14,989
52,450
2025
14,849
10,821
13,197
11,547
50,414
2026
12,979
10,691
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-41
-385
-29
-902.27
-1,350
2025
170
-56
170.91
-55.09
230
2026
88
-46
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Seo-Yong Cho
Full Time Employees
117
Sector
Process industries
Industry
Containers/Packaging
Address
224-7, Hansam-ro Eumseong-gun NC South Korea
IPO Date
Oct 12, 2016
Website
ndfos.com
Business
NDFOS Co., Ltd. NDFOS Co., Ltd. manufactures and sells adhesive tapes and window films primarily for electronics, automotive, and architectural applications in South Korea. The company offers double-sided adhesive tapes used in mobile phones, cams, OLED TVs, tablet PCs, e-books, smart watches, notebooks, wireless earphones, and AI speakers; window films including nano-ceramic solar control films, IR films, safety films, paint protection films, and windshield protection films applied in automotive, building, and industrial sectors; and specialized products such as conductive tapes, water-soluble tapes, transparent sensor tapes, light-shading tapes, EMI shielding tapes, and battery fixing tapes. It also develops bio diagnostic kits, including COVID-19 rapid tests, and provides wireless communication solutions, with operations focused on the Asia-Pacific region including supply contracts in China, Japan, and exports to markets such as Australia, Europe, and the United States. Founded in 2010 and headquartered in Eumseong-gun, Chungcheongbuk-do, South Korea, with a Seoul office and manufacturing facilities in Eumseong, NDFOS Co., Ltd. employs approximately 104 people and operates in the packaging and containers industry. Recent developments include the inauguration of new CEOs O-Bin Kwon and Sung-Jin Kim in March 2025; starting supply of insulation sheets to Volvo in February 2024; securing a supply contract for automobile secondary battery tapes with Shinyoung and Catec in November 2023; supplying acrylic foam tape for Tesla Cybertruck in September 2023; receiving KRW 13 billion in funding from Dae Yu Co., Ltd. and Jokwang ILI Co., Ltd. in May 2022; announcing an equity buyback program for up to 869,566 shares; and ongoing equity investments in Cure Bio and NEO-TX for new drug development since 2018-2020.