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Holding company of Korea's Dongwon Group, spanning canned tuna/seafood (owns StarKist in the US), packaging, and logistics.
Holding company of Korea's Dongwon Group, spanning canned tuna/seafood (owns StarKist in the US), packaging, and logistics.
Earns mostly from selling branded and packaged tuna and other seafood and food to grocery chains in Korea and the US, with StarKist, bought in 2008, the main route onto American shelves. Packaging and logistics are separate industrial arms that also sell to outside customers. The founding Kim family controls the group.
In one line: Korea's diversified StarKist/Bumble-Bee-style seafood group.
Moat: narrow (brand, scale). Owns StarKist, a top US shelf-stable tuna brand, plus Korea's leading tuna canner.
Headquarters: Seoul, South Korea · Founded: 1969 · Employees: 712
Size DongwonInd (006040.KS) is a South Korea Consumer Staples company (Air Freight/Couriers) with a market value of $1.17B, the 216th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩36,050 on 6 Nov 2026.
Performance Over six months the shares fell 6.5%, against -2.9% for the median peer and -24.5% for the South Korea market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 8.3% over the last twelve months (peer median +4.4%); the operating margin is 5.5% (peer median 5.4%).
Valuation It trades at 4.6× forward earnings against a peer median of 11.8× (cheapest of 18).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -39 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.5 points above its cost of capital (5.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩10.0T | ₩9.58T | ₩8.94T | ₩8.95T | ₩9.03T |
| Revenue growth | — | +7% | 0% | -1% | — |
| Gross profit | ₩1.74T | ₩1.62T | ₩1.56T | ₩1.48T | ₩1.44T |
| EBITDA | ₩871B | ₩824B | ₩808B | ₩749B | ₩793B |
| Net income | ₩431B | ₩367B | ₩75.3B | ₩225B | ₩186B |
| Free cash flow | ₩37.6B | ₩11.0B | ₩6.71B | ₩9.73B | ₩201B |
| Capital expenditure | ₩436B | ₩376B | ₩342B | ₩581B | ₩247B |
| Total debt | ₩2.70T | ₩2.77T | ₩2.50T | ₩3.12T | ₩2.60T |
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 |
|---|---|---|---|---|---|---|
| DongwonInd 006040.KS | $1.17B | -6% | +8% | 6% | 4.6× | -11.4% |
| CJ CheilJedang 097950.KS | $2.06B | -26% | -7% | 4% | 10.8× | 3.3% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 006040.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.6% | +0.2% | 7th highest of 21 |
| 6-month return | -6.5% | -2.9% | 9th lowest of 21 |
| Distance from 52-week high | -28.2% | -24.2% | 8th lowest of 21 |
| Revenue growth (TTM) | +8.3% | +4.4% | 7th highest of 21 |
| Operating margin | 5.5% | 5.4% | 11th highest of 21 |
| Forward P/E | 4.6× | 11.8× | cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | -11.4% | -3.4% | 5th least demanding of 17 |
| Growth delivered (Del g) | +27.4% | +7.2% | 2nd highest of 17 |
| Hurdle (Req g minus delivered) | -38.8 pp | -14.4 pp | 2nd least demanding of 17 |
| ROIC minus cost of capital | +1.5 pp | +0.2 pp | 9th highest of 21 |
| EV / EBITDA | 4.5× | 6.4× | 6th cheapest of 18 |
| Net debt / EBITDA | 2.4× | 2.5× | 9th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| DongwonInd 006040.KS | South Korea | $1.17B | -6% | +8% | 6% | 4.6× | -11.4% | +27.4% |
| Lotte 004990.KS | South Korea | $1.18B | -27% | +1% | 2% | 69.5× | n/a | n/a |
| ORION 001800.KS | South Korea | $1.06B | -4% | +15% | 15% | n/a | -16.5% | +8.3% |
| d'Alba Global 483650.KS | South Korea | $1.32B | -37% | +55% | 21% | 13.6× | -2.2% | +53.0% |
| NATURECELL 007390.KS | South Korea | $1.04B | +14% | -15% | -18% | n/a | n/a | n/a |
| emart 139480.KS | South Korea | $1.45B | -31% | -1% | 1% | 22.6× | 20.4% | +5.6% |
| AMOREPACIFIC 002790.KS | South Korea | $1.55B | -3% | +9% | 9% | 8.4× | -17.9% | -1.3% |
| Otoki 007310.KS | South Korea | $879M | -13% | +4% | 5% | 9.4× | -6.5% | +7.2% |
| Hitejinro 000080.KS | South Korea | $846M | -3% | -5% | 7% | 13.2× | -4.6% | +2.1% |
| Cosmecca Korea 241710.KS | South Korea | $798M | +25% | +44% | 13% | 14.4× | -5.9% | +13.6% |
| Lotte Wellfood 280360.KS | South Korea | $796M | +2% | +7% | 4% | 8.8× | 0.4% | +15.2% |
| Nongshim 004370.KS | South Korea | $1.74B | +8% | +5% | 6% | 11.8× | -16.1% | +5.9% |
| LotteChilsung 005300.KS | South Korea | $791M | -9% | +1% | 5% | 11.2× | -2.0% | +12.0% |
| BGF Retail 282330.KS | South Korea | $1.82B | +9% | +5% | 3% | 10.8× | -18.3% | +7.9% |
| Kolmar Korea 161890.KS | South Korea | $1.89B | +23% | +13% | 10% | 13.0× | -0.9% | +15.5% |
| Dongsuh 026960.KS | South Korea | $2.06B | +6% | +6% | 8% | n/a | 16.2% | +1.6% |
| CJ CheilJedang 097950.KS | South Korea | $2.06B | -26% | -7% | 4% | 10.8× | 3.3% | +2.4% |
| Cosmax 192820.KS | South Korea | $2.13B | +21% | +16% | 8% | 16.6× | n/a | n/a |
| LG H&h 051900.KS | South Korea | $2.56B | -8% | -3% | 3% | 18.5× | -0.1% | -4.1% |
| Binggrae 005180.KS | South Korea | $472M | +9% | +4% | 9% | 6.3× | n/a | n/a |
| Daesang 001680.KS | South Korea | $459M | -16% | +2% | 4% | 8.1× | -5.6% | +7.2% |