Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Sangsangin Co., Ltd., headquartered in Seongnam, South Korea, operates as a diversified enterprise with significant interests in information technology (IT), financial services, and heavy industry. Within its IT division, the company offers a comprehensive suite of services including security systems, integrated communication solutions, Software-Defined Networking (SDN), and cloud computing. It also specializes in providing and managing wired and wireless network services, encompassing design, installation, and ongoing maintenance of IT infrastructure, alongside offering specialized IT consulting and electronic components. In the financial sector, Sangsangin provides a range of banking products, facilitates stock loans, and acts as an intermediary for trading equities, bonds, and financial derivatives, coupled with expert advice on investment products. Additionally, its heavy industry arm delivers consultancy for the modernization and construction of shipbuilding sites, and supplies both offshore marine and deck cranes. Founded in 1989, the company was formerly known as Texcell-NetCom Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is underpriced on P/FCF.