Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Mirae Corporation manufactures and sells semiconductor equipment primarily in South Korea, China, and rest of Asia, Europe, Africa, north America, and south America. It offers hybrid placement and insertion systems; reel tape feeders; and SMT software consisting of standard machine software, feeder barcode systems, LED rank control systems, offline editor software, offline feeder setup software, and line manager systems. The company also provides accessories, such as reel exchangers, feeder stackers, trolleys, stick feeders, internal reel exchangers, bar code systems, off-line trolley setup kits, LSM2 supplies, manual trays, feeder precision adjustion stations, and reel tape cutters. In addition, it offers memory and module test handlers, and burn in sorters; and linear motor technology products, as well as MRM series. Mirae Corporation was founded in 1983 and is headquartered in Cheonan, South Korea.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued o