Loading…
Korea's leading building-materials and paints/silicone maker, producing glass, insulation, paint and silicone products.
Korea's leading building-materials and paints/silicone maker, producing glass, insulation, paint and silicone products.
Silicone, mostly through Momentive Performance Materials of the US, bought in 2019, has become a large part of the group alongside Korean paints. Paint is sold to builders, carmakers and industry, so Korean construction activity drives it. The Chung family controls the company.
Moat: narrow (scale, brand). Leading domestic building-materials maker with a broad product range difficult to match at scale.
Headquarters: Seoul, South Korea · Founded: 1958 · Employees: 3,583
Size KCC (002380.KS) is a South Korea Materials company (Industrial Specialties) with a market value of $1.91B, the 140th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩366,500 on 6 Nov 2026.
Performance Over six months the shares fell 34.0%, against -2.0% for the median peer and -24.5% for the South Korea market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 0.2% over the last twelve months (peer median +12.1%); the operating margin is 5.8% (peer median 10.8%).
Valuation It trades at 2.1× forward earnings against a peer median of 27.2× (cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.5 points below its cost of capital (5.3% WACC).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩6.61T | ₩6.48T | ₩6.66T | ₩6.29T | ₩6.77T |
| Revenue growth | — | -3% | +6% | -7% | — |
| Gross profit | ₩1.56T | ₩1.52T | ₩1.52T | ₩1.22T | ₩1.39T |
| EBITDA | ₩827B | ₩870B | ₩905B | ₩757B | ₩890B |
| Net income | ₩3.66T | ₩1.54T | ₩344B | ₩213B | ₩33.9B |
| Free cash flow | ₩223B | ₩330B | ₩204B | ₩246B | -₩83.5B |
| Capital expenditure | ₩370B | ₩331B | ₩265B | ₩390B | ₩393B |
| Total debt | ₩5.43T | ₩5.20T | ₩5.34T | ₩5.30T | ₩5.02T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| KCC 002380.KS | $1.91B | -34% | 0% | 6% | 2.1× | 3.8% |
| Compagnie de Saint-Gobain SGO.PA | $40.7B | -3% | -2% | 10% | 12.1× | 5.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002380.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.6% | -16.3% | 7th lowest of 21 |
| 6-month return | -34.0% | -2.0% | 4th lowest of 21 |
| Distance from 52-week high | -47.0% | -34.5% | 5th lowest of 21 |
| Revenue growth (TTM) | +0.2% | +12.1% | 4th lowest of 21 |
| Operating margin | 5.8% | 10.8% | 6th lowest of 21 |
| Forward P/E | 2.1× | 27.2× | cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 3.8% | 21.7% | 7th least demanding of 19 |
| Growth delivered (Del g) | +5.0% | +11.2% | 5th lowest of 19 |
| Hurdle (Req g minus delivered) | -1.1 pp | +5.5 pp | 9th least demanding of 19 |
| ROIC minus cost of capital | -3.5 pp | +2.9 pp | 5th lowest of 21 |
| EV / EBITDA | 8.2× | 9.3× | 5th cheapest of 11 |
| Net debt / EBITDA | 5.1× | -0.7× | 2nd most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| KCC 002380.KS | South Korea | $1.91B | -34% | 0% | 6% | 2.1× | 3.8% | +5.0% |
| Lintec 7966.T | Japan | $1.87B | -14% | +3% | 8% | 12.2× | 1.5% | +6.2% |
| Gansu Energy Chemical 000552.SZ | China | $1.86B | -19% | +11% | 3% | 33.4× | n/a | n/a |
| Olin OLN | United States | $1.97B | -36% | -1% | 0% | n/a | 44.0% | +3.3% |
| Zhejiang Runtu 002440.SZ | China | $1.77B | -1% | +23% | 17% | 8.5× | -5.5% | +2.0% |
| Triumph Science & Technology 600552.SS | China | $1.76B | -20% | +12% | 5% | 65.5× | 21.3% | +3.1% |
| Anhui Jiangnan Chemical Industry 002226.SZ | China | $2.07B | -3% | +13% | 11% | 16.8× | -3.0% | +20.5% |
| Explosive 002096.SZ | China | $1.74B | -14% | -3% | 9% | 12.8× | -2.5% | +37.7% |
| Carborundum Universal CARBORUNIV.NS | India | $2.10B | +4% | +12% | 7% | 44.5× | 43.4% | +14.6% |
| Aica Kogyo 4206.T | Japan | $1.68B | +19% | +5% | 12% | 12.6× | -7.0% | +7.6% |
| Kansai Nerolac Paints KANSAINER.NS | India | $1.67B | -7% | +10% | 9% | 22.1× | 22.1% | +9.7% |
| Zhejiang Fulai New Material 605488.SS | China | $2.21B | +47% | +19% | 2% | 134.6× | 31.8% | +17.6% |
| Kunshan Dongwei Technology 688700.SS | China | $1.64B | -40% | +56% | 13% | 34.2× | 23.1% | +14.5% |
| Jiangsu Shemar Electric 603530.SS | China | $2.23B | -44% | +17% | 29% | 26.2× | 23.4% | +21.1% |
| Grindwell Norton GRINDWELL.NS | India | $2.25B | +16% | +14% | 16% | 39.5× | 37.8% | +13.4% |
| Henan Huanghe Whirlwind 600172.SS | China | $2.27B | +29% | +13% | -30% | n/a | n/a | n/a |
| Suzhou Kingswood Education Technology 300192.SZ | China | $1.55B | +24% | -6% | 12% | 59.3× | 44.2% | -2.3% |
| Zeon 4205.T | Japan | $2.34B | +6% | +4% | 11% | 9.1× | -1.5% | +6.4% |
| UFP Technologies UFPT | United States | $2.35B | +32% | +9% | 15% | 28.3× | 17.8% | +27.4% |
| C. Uyemura & 4966.T | Japan | $1.54B | -34% | +16% | 23% | 14.0× | 5.0% | +10.4% |
| Pamica Technology 001359.SZ | China | $2.41B | -1% | +23% | 23% | 36.2× | 38.0% | +12.1% |