Kyochon Food&Beverage교촌에프앤비

Kyochon F&B's trailing profit has fallen from its 2025 level, while the shares trade well below their 52-week high.

Kyochon F&B, a Korean chicken franchisor that also supplies ingredients and sauces, reported trailing revenue of ₩522B to H1 2026 but operating income of ₩28B, down from ₩35B for full-year 2025. The shares closed at ₩3,740 on 23 October 2026, about 26% below the 52-week high of ₩5,050 and near the 52-week low of ₩3,495. The data includes a DCF-based fair value estimate of ₩7,145 at the base case, but this is a model output, not a forecast.

What stands out

• Trailing operating margin is 5.4% and net margin 2.9%, both below the 2025 full-year levels of 6.8% and about 3.4%.
• Full-year 2025 revenue grew 7.6% to ₩517B, and net income was ₩17.6B, compared with ₩2.2B in 2024.
• Trailing free cash flow is ₩25.5B, against cash of ₩58.2B and borrowings of ₩17.2B.
• Valuation shows a P/E of 12.5, P/B of 1.0 and an 8% dividend yield, though the data does not state dividend details.
• Recent filings include several insider shareholding reports and largest-shareholder holding changes; the data does not explain their content.
• Investor flows over 20 days show retail selling of about ₩460M, with foreign buying of about ₩419M; foreign ownership eased from 2.1% to 2.0%.

What to watch

• Upcoming full-year 2026 results, to see whether margins recover from the trailing 5.4% level.
• Content of the largest-shareholder and 5%+ holding filings made on 23 October 2026, which the data does not detail.
• Share price movement relative to the 52-week low of ₩3,495, and the DCF range of ₩3,392 to ₩13,681 which reflects wide uncertainty.