Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Greatly undervalued vs peers
About
SHINSEGAE Information & Communication Co., LTD. offers information technology (IT) services in South Korea. It offers operation and maintenance of IT system; IDC services, such as IDC deployment and IT outsourcing, IT infrastructure construction and supply, diagnosing and optimizing online content services; system integration; and network integration services. It also provides SSG LBS platform for browsing locations; SSGPAY, a mobile integrated payment services; information services, such as eCvan which includes additional services to assist in the settlement and closing of deliveries; goodMD, an integrated online sales management solution; messaging services; and eCtax, a service that electronically issues, transmits, receives, and archives tax invoices. In addition, the company provides online and offline education services, as well as development, maintenance, and comprehensive system operation services. Further, it engages in the supply and maintenance of mobile Web and PC Web standard UI/UX development platform, Web reporting/electronic document, middleware and APM, and information security solutions; and hardware equipment and smart electronic IT devices, as well as provides games through e-mart game store and ssg.com. The company was founded in 1997 and is based in Seoul, South Korea.
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
Buy
Sell