Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Sangsin Brake Co., Ltd. engages in the manufacture and sale of brakes and other vehicle friction materials in South Korea and internationally. The company offers brake pads, brake linings, brake assemblies, brake shoe assemblies, rail brakes, retarders, tuning parts, yaw brakes, brake discs and drums, and brake parts under the HI-Q, HAGEN, and HARDRON brands. Its products are used in racing and premium cars, passenger and foreign vehicles, taxis, buses, and other commercial vehicles. The company was formerly known as Sangsin Brake Ind. Co., Ltd. and changed its name to Sangsin Brake Co., Ltd. in March 2002. Sangsin Brake Co., Ltd. was founded in 1953 and is headquartered in Daegu, South Korea.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is neutral on EV/EBITDA, underpr
