Risk factor
Very high price volatility
Profitability factor
Slightly overvalued vs peers
About
Hannong Chemicals Inc., a South Korean enterprise, specializes in the manufacture and distribution of a wide array of essential chemical feedstocks. Their extensive product portfolio encompasses glycol ethers, which serve as crucial solvents and industrial precursors across diverse sectors such as semiconductor fabrication, electronics, paints, printing inks, dyes, cleaning agents, machine lubricants, automotive brake fluids, and antifreeze formulations. The company also supplies non-ionic surfactants and polyols, the latter being vital intermediates in the creation of polyurethanes, polyesters, epoxies, and polycarbonic acid-based plasticizers. Additionally, Hannong provides functional monomers specifically designed for ultraviolet and electron beam curing systems. Their offerings further extend to glyme and propionates, critical components for electronic materials. They produce anionic surfactants for use in both domestic and industrial cleaning products, alongside their application in emulsion polymerization processes. The product line also features emulsifiers, carbomer compounds for formulations like gels, creams, and lotions, and various ingredients for personal care items. Established in 1976, Hannong Chemicals maintains its corporate headquarters in Gunsan, South Korea.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV