Risk factor
Considerable default risk
Profitability factor
Greatly undervalued vs peers
About
Korea Line Corporation is a global maritime logistics firm specializing in commercial shipping solutions. The company's operations encompass the worldwide transport of a diverse array of commodities, including vital energy resources such as LNG, LPG, and crude oil, alongside bulk materials like iron ore, coal, and grain, as well as cement, fertilizers, and various steel products. It manages a substantial fleet of 37 vessels, which comprises 23 bulk carriers, 10 LNG carriers, 3 oil tankers, and a single PCTC (Pure Car and Truck Carrier), collectively boasting a deadweight tonnage of 4,009,518. Established in 1968, Korea Line Corporation maintains its primary corporate office in Seoul, South Korea, and functions as an operating entity under the umbrella of Samra Midas Group.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalue
Target Price
The average target price of 005880.KS is 2200 and suggests 13% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda