Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Kumkang Kind Co., Ltd. engages in the manufacture and sale of steel pipes and formwork systems. It operates through the following business divisions: Steel Pipe, Panel, Hypothesis, Feedstuff, Marine Engine, Minor, and Others. The Steel Pipe business division supplies black pipe, white pipe, CGI, and OCTG. The Panel business division offers aluminum form, euro form, system form, and special form. The Hypothesis business division focuses on the manufacture and sale of shipbuilding scaffolds, clamps, etc. The Feedstuff business division refers to mixed feed for livestock. The Marine Engine business division focuses on the manufacturing and sales of ship engine valves etc. The Minor business division manufactures forged products. The Others business division provides modular manufacturing, and the provision of various services. The company was founded on August 8, 1979 and is headquartered in Busan, South Korea.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is of fair value on EV/EBITDA.