Dypnf디와이피엔에프

Dypnf's trailing results have swung sharply lower from 2025 peaks, while its share price has fallen about 57% over the past year.

Dypnf makes powder conveying systems and environmental equipment for industrial plants, and it won a ₩48B EPC contract for a silicon anode material plant on 26 October 2026. Trailing twelve-month revenue is ₩292.3B, with a thin 2.1% operating margin and negative free cash flow of about ₩11.3B. The shares trade at ₩6,200, near the 52-week low of ₩5,980.

What stands out

• Revenue fell from ₩396.3B in 2025 to a trailing ₩292.3B, and operating margin dropped from 7.2% in 2025 to 2.1% on a trailing basis.
• Borrowings of ₩37.6B against cash of ₩14.8B, with liabilities at 54.4% of equity, are the balance-sheet figures in the data.
• The DCF fair value model gives a base value of ₩34,095 against the ₩6,200 close, with a bear value of ₩13,375 and a bull value of ₩71,681; the data does not say how these were weighted or how reliable they are.
• Foreign ownership eased from 3.6% to 3.3% over about 60 days, and 20-day foreign net flows were negative.
• Filings show a run of amended major sales or supply contract disclosures through 2026, with the latest contract filed on 26 October 2026.

What to watch

• The next quarterly or annual results, to see whether margins recover from the trailing 2.1% operating margin.
• Whether the silicon anode plant order and other supply contracts convert into revenue and cash flow, given negative trailing free cash flow.
• Further amended contract filings, which may signal changes to terms or scope; the data does not say what the amendments covered.