NPK엔피케이

NPK's trailing earnings are thin at a 1.7% operating margin, and the share price has fallen 14% over the past year.

NPK makes plastic compounds for automotive and electronics parts, selling in South Korea and Asia. For the twelve months to H1 2026 it reported revenue of ₩90.0B, operating income of ₩1.5B and net income of ₩1.0B, with ₩17.6B in cash against ₩6.6B in borrowings. The share closed at ₩974 on 2026-10-20, near the lower half of its 52-week range of ₩633 to ₩1,389.

What stands out

• Trailing revenue is ₩90.0B, but the operating margin is only 1.7% and ROE is 2.2%, so profitability is slim.
• 2025 revenue rose 29.8% to ₩83.8B and net income was ₩1.1B, after a loss of about ₩842M in 2024.
• The company reports a P/B of 0.4 and a P/E of 17.8, and a 3.1% dividend yield is shown in the data.
• The internal DCF model gives a base value of ₩1,740 against the ₩974 price, but its bear case is ₩307 and bull case ₩4,355, a very wide range that carries little certainty.
• Trading data shows a 20-day net outflow from retail investors (about -₩391M) offset by institutional buying (about ₩365M), and foreign ownership is steady at 37.3%.

What to watch

• A Other Market Notice from 2026-09-29 flags potential designation as an administrative issue because market capitalization is below ₩20B; the current market cap is about ₩18.2B.
• The buyback trust contract from July 2026 and a status report on the acquisition filed 2026-10-16 are still in progress; the filings do not state the outcome.
• The data does not include analyst forecasts or any news headlines, so future earnings expectations are not available here.