Risk factor
Considerable default risk
Profitability factor
Excellent dividends
About
Kyobo Securities Co., Ltd., a financial institution headquartered in Seoul, South Korea, delivers a broad spectrum of investment and financial services. Founded in 1949 as Daehan Securities Co., Ltd. and adopting its current name in April 1994, the company operates as a subsidiary of Kyobo Life Insurance Co., Ltd. It offers specialized project-related financial solutions, encompassing project financing, structured finance, mergers and acquisitions (M&A) advisory, and direct investment services. For corporate clients, Kyobo Securities facilitates fundraising through instruments like mezzanine bonds (including convertible bonds and participating preferred stock), manages public and private corporate bond placements, designs intricate project financing structures, and supports initial public offerings (IPOs). The firm also provides essential funding for diverse development initiatives, spanning real estate, local government projects, social overhead capital (SOC), and green energy. Its extensive brokerage services are accessible both online and offline, covering a wide range of futures products—such as indices, currencies, energy, interest rates, metals, and agricultural commodities—in addition to fixed income brokerage for individuals, institutions, foundations, and corporations. Furthermore, the company is involved in the issuance, intermediation, and oversight of derivative-linked bonds and structured securities, acts as a broker for various equity-linked instruments (stocks, derivatives, futures, and options), and offers comprehensive wealth management, customer asset management, and risk management services to both institutional and retail clientele.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBIT