Risk factor
Meaningful price volatility
Profitability factor
Good margins and returns
About
Sung Kwang Bend Co.,Ltd. functions as a leading producer and provider of pipe fittings, distributing its products throughout South Korea, Europe, the Middle East, the United States, Asia, and other global markets. Its extensive range of offerings includes specialized components such as elbows, tees, reducers, caps, stub-ends, and laterals. These items are fabricated from various materials, including carbon steel and stainless steel, among others. The company, which was established in 1963, has its main corporate base situated in Busan, South Korea.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of 014620.KQ is 38211 and suggests 37% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to