Risk factor
Very poor trading liquidity
Profitability factor
Very poor margins and returns
About
Wiscom Co.,Ltd., a South Korean enterprise, specializes in the production and marketing of a diverse array of plastic products. The company's operations are structured around two core divisions: PNP and Manufacturing. Its extensive product portfolio includes a wide selection of specialized compounds such as HFFR and HFIX, alongside various crosslinked XLPE formulations. These are utilized in numerous applications, encompassing power, communication, flame retardant, heat resistant, cold resistant, oil resistant, solar power, marine, and automobile cables, as well as materials for automobile interiors and exteriors. Further expanding its range, Wiscom provides equipment wire PVC, hose pipe compounds, and innovative rodent and insect repellent compounds. The firm also manufactures dedicated coating and semi-conductive compounds for different cable types, including high-voltage power cables. Beyond these, their offerings extend to soft and hard PVC, polyolefin (PO), masterbatch, and conductive compounds. Additionally, Wiscom functions as an OEM producer for LG Chem/LG MMA, delivering various compounded products such as ABS/PS, EP, and PMMA. The company, which commenced operations in 1973, is based in Ansan-si, South Korea.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, overvalued on EV/EBITD