Risk factor
Considerable default risk
Profitability factor
Undervalued vs peers
About
Eugene Corporation is an extensive enterprise engaged in the manufacturing, distribution, and sale of diverse construction materials, operating within South Korea and across international markets. Its core product offerings include ready-mix concrete, asphalt concrete, and various aggregates, alongside a wide range of other building supplies. The company also functions as a key distributor for a comprehensive assortment of construction components. This extensive list encompasses structural materials such as steel reinforcement, H-beams, steel pipes, and precast concrete; finishing materials like gypsum board, thermal insulation, dry mortar, cement, brick blocks, PHC files, marble, natural stone, and tiles; and interior fixtures including faucets, sanitary ware, built-in home appliances, and furniture. Furthermore, Eugene Corporation provides services in home interior design and remodeling, and manages integrated logistics for construction materials. Established in 1984 with its headquarters in Seoul, South Korea, the company was initially known as Howoo Mulsan Co., Ltd. before officially changing its name to Eugene Corporation in 1994. It operates as a subsidiary of the larger Eugene Group.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA