# F&F Holdings (383220.KO)

Canonical: https://gigainvestors.com/s/383220.KO

Analysis as of: 2026-10-16T07:40:57.023Z. 

Listing currency: KRW. Reporting currency: KRW.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: KRW 71,000.00 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 62% since Dec 2021

Story as of 2026-10-16T10:01:28.935Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in apparel manufacturing; annual sales are KRW 1.9 trillion.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2025-12-31 (filed 2026-10-16T07:40:57.023Z); FY2025: revenue 1933995926890; grossProfit 1291808661720; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); 383220.KO: F&F Co., Ltd. manufactures and sells apparel and accessories in South Korea. The company offers fashion products under the MLB, MLB KIDS, DISCOVERY, DUVETICA, SUPRA, and SERGIO TACCHINI brands; and skincare products under the BANILA CO brand. It also retails its products through fashion specialty outlet. The company was founded in 1992 and is headquartered in Seoul, South Korea.

### Why customers stay

Margins ranged from 65.8% to 68% during 2023–25.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2023-12-31 (filed 2026-10-16T07:40:57.023Z); FY2023: grossProfit / revenue = 68%.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2024-12-31 (filed 2026-10-16T07:40:57.023Z); FY2024: grossProfit / revenue = 65.8%.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2025-12-31 (filed 2026-10-16T07:40:57.023Z); FY2025: grossProfit / revenue = 66.8%.

### Where the cash goes

Paid dividends in 5 of 5 years; bought back KRW 6.5 billion of shares.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2021-12-31 (filed 2026-10-16T07:40:57.023Z); FY2021: growth capex 0; upkeep 17946687885; owner earnings 230250244601. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2022-12-31 (filed 2026-10-16T07:40:57.023Z); FY2022: growth capex 0; upkeep 17924057340; owner earnings 491066114718. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2023-12-31 (filed 2026-10-16T07:40:57.023Z); FY2023: growth capex 153188350; upkeep 73821122000; owner earnings 379409982274. Growth capex / owner earnings = 0.0004037541370995647.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2025-12-31 (filed 2026-10-16T07:40:57.023Z); FY2025: growth capex 0; upkeep 26537132250; owner earnings 427308011538. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:40:57.023Z); Dividend observations: [[2021,42089289000],[2022,42089289000],[2023,61028385600],[2024,64842659700],[2025,63892924100]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/api/fundamentals/383220.KO.json#2025-12-31 (filed 2026-10-16T07:40:57.023Z); FY2025: cash repurchases 6509861550 KRW.

### Are managers owners

Insiders own 62.8% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); 383220.KO SharesStats.PercentInsiders = 62.816 percentage points; cache date 2026-10-16.

### What the price says

The price is 1.4 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:40:57.023Z); Closing price 71000 KRW; reporting-to-trading FX 1; FY2025 annual sales per share 51493.16040496714; price multiple 1.3788238950886222. FY2025 cash earnings/share 11377.190445192324. Closing-price date 2026-10-15.

## Monthly share-price history (KRW per share)

- 2021-05: KRW 89,900.00 per share

- 2021-06: KRW 112,000.00 per share

- 2021-07: KRW 120,000.00 per share

- 2021-08: KRW 144,600.00 per share

- 2021-09: KRW 141,800.00 per share

- 2021-10: KRW 173,600.00 per share

- 2021-11: KRW 166,000.00 per share

- 2021-12: KRW 189,000.00 per share

- 2022-01: KRW 163,600.00 per share

- 2022-02: KRW 178,000.00 per share

- 2022-03: KRW 149,000.00 per share

- 2022-04: KRW 141,000.00 per share

- 2022-05: KRW 146,000.00 per share

- 2022-06: KRW 134,500.00 per share

- 2022-07: KRW 149,500.00 per share

- 2022-08: KRW 142,500.00 per share

- 2022-09: KRW 137,500.00 per share

- 2022-10: KRW 145,500.00 per share

- 2022-11: KRW 151,500.00 per share

- 2022-12: KRW 144,500.00 per share

- 2023-01: KRW 151,700.00 per share

- 2023-02: KRW 138,900.00 per share

- 2023-03: KRW 139,500.00 per share

- 2023-04: KRW 141,000.00 per share

- 2023-05: KRW 129,400.00 per share

- 2023-06: KRW 119,600.00 per share

- 2023-07: KRW 103,500.00 per share

- 2023-08: KRW 103,000.00 per share

- 2023-09: KRW 113,000.00 per share

- 2023-10: KRW 93,400.00 per share

- 2023-11: KRW 85,900.00 per share

- 2023-12: KRW 89,200.00 per share

- 2024-01: KRW 70,900.00 per share

- 2024-02: KRW 72,400.00 per share

- 2024-03: KRW 70,300.00 per share

- 2024-04: KRW 65,900.00 per share

- 2024-05: KRW 67,000.00 per share

- 2024-06: KRW 62,400.00 per share

- 2024-07: KRW 57,600.00 per share

- 2024-08: KRW 58,600.00 per share

- 2024-09: KRW 68,500.00 per share

- 2024-10: KRW 62,500.00 per share

- 2024-11: KRW 53,500.00 per share

- 2024-12: KRW 54,300.00 per share

- 2025-01: KRW 64,300.00 per share

- 2025-02: KRW 70,900.00 per share

- 2025-03: KRW 63,400.00 per share

- 2025-04: KRW 70,600.00 per share

- 2025-05: KRW 75,500.00 per share

- 2025-06: KRW 79,000.00 per share

- 2025-07: KRW 69,900.00 per share

- 2025-08: KRW 66,500.00 per share

- 2025-09: KRW 62,700.00 per share

- 2025-10: KRW 61,300.00 per share

- 2025-11: KRW 72,600.00 per share

- 2025-12: KRW 68,500.00 per share

- 2026-01: KRW 73,100.00 per share

- 2026-02: KRW 70,700.00 per share

- 2026-03: KRW 61,300.00 per share

- 2026-04: KRW 66,900.00 per share

- 2026-05: KRW 72,900.00 per share

- 2026-06: KRW 77,200.00 per share

- 2026-07: KRW 80,500.00 per share

- 2026-08: KRW 66,900.00 per share

- 2026-09: KRW 68,600.00 per share

- 2026-10: KRW 71,000.00 per share

## Annual estimated value (KRW per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:46:33.784Z where newer inputs omit a numeric field or fiscal period.

## Sources

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.