Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Kumkang Kind Co., Ltd. operates as a global manufacturer and supplier, primarily dealing in steel pipes and a diverse range of scaffolding solutions. The company's operations span numerous international markets, including South Korea, Malaysia, the United States, Vietnam, India, East Africa, and Indonesia. Its product portfolio features a variety of formwork systems, such as aluminum, gang, euro, and specialized civil engineering formworks, along with advanced climbing systems designed for residential, commercial, and infrastructure projects. Beyond these, Kumkang Kind provides essential construction components like steel pipes, aluminum billets and extrusions, comprehensive scaffolding and shoring setups, and modular unit systems, all backed by customer support. Established in 1979, its main office is located in Seoul, South Korea.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is of fair value on EV/EBITDA.