Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
SeAH SPECIALSTEEL CO., LTD. manufactures and sells steel materials for automotive, electronics, and mechanical industries in South Korea and internationally. The company offers cold heading quality wires used in making coupling parts, such as bolts, nuts, and small screws, as well as in parts for machines, including cars and electrical equipment; and cold drawn bars used as machine parts and electronics materials. It also provides peeled bars for cylinder rods in excavators, lifts, loaders, and other construction machines, as well as for engines, vessels, industrial ball screws, cold forged parts in cars, etc.; and bar to bar products. In addition, it offers hydrogen bell furnace annealed products and seam-free wire. The company was formerly known as Changwon Steel Co., Ltd. and changed its name to SeAH SPECIALSTEEL CO., LTD. in June 1988. The company was founded in 1986 and is headquartered in Pohang, South Korea. SeAH SPECIALSTEEL CO., LTD. is a subsidiary of SeAH Holdings Corporation.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT