Risk factor
Poor trading liquidity
Profitability factor
Excellent dividends
About
TS Corporation is a South Korean enterprise primarily focused on the food sector. Its operations encompass the production and supply of a diverse range of food products, including sugar, various foodstuffs, ingredients, additives, dairy items, raw materials for bakeries, mixed seasonings, and other agricultural commodities. Beyond food, it also engages in the trade of non-ferrous metals. The company's offerings further extend to animal feed, notably its "Rainbow" brand livestock feed. For agricultural clients, TS Corporation provides administrative support, including digital farm management solutions, as well as pathology laboratory services for comprehensive testing, analysis, and examinations. Moreover, TS Corporation is involved in the development of nutraceuticals and premium food products designed to combat aging and prevent adult-onset diseases. It also researches, manufactures, and commercializes two specific biological products: erythropoietin and streptokinase. Established in 1956, the company is headquartered in Seoul, South Korea, and exports its diverse portfolio of products to international markets such as China, Southeast Asia, Micronesia, and other global regions.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is neutral on EV/EBITDA, underpriced on P/FC.