Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Cosmo Chemical Co., Ltd., founded in 1968 and headquartered in Incheon, South Korea, specializes in the production and distribution of titanium dioxide (TiO2) anatase. The company offers COTIOX KA-100, a versatile general-purpose TiO2 anatase grade, which is utilized as a white pigment in various products including plastics, rubbers, paints, papers, and bricks. It also finds application in electronic components like TV Braun tubes and MLCCs, as well as in catalysts and photo catalysts. For the textile sector, Cosmo Chemical provides COTIOX KA-320, a fiber-grade TiO2 anatase suitable for polyester filament, stable, and acryl fibers, in addition to its use in plastics and inks. Furthermore, the company supplies a range of ferrous sulfate products: ferrous sulfate heptahydrate, used in waste treatment agents, other materials, and catalysts; ferrous sulfate monohydrate, for waste treatment and other industrial purposes; liquid ferric sulfate, serving as a waste treatment agent for dyeing, leather, paper, food, and other industrial wastes; and liquid ferrous sulfate, applied in FENTON samples and other waste treatment processes. Their product portfolio also includes gypsum, employed in construction materials.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA, overp