Undiscovered Gems in South Korea for September 2024

Over the last 7 days, the South Korean market has dropped 4.2%, and while its performance has been flat over the past year, earnings are expected to grow by 29% per annum over the next few years. In this environment, identifying stocks with strong growth potential and solid fundamentals becomes crucial for investors looking to capitalize on future opportunities.

Top 10 Undiscovered Gems With Strong Fundamentals In South Korea

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Korea Airport ServiceLtd	NA	3.97%	42.22%	★★★★★★
NOROO PAINT & COATINGS	13.99%	5.04%	7.98%	★★★★★★
Korea Cast Iron Pipe Ind	NA	1.97%	8.84%	★★★★★★
Samyang	49.49%	6.68%	23.96%	★★★★★★
Woori Technology Investment	NA	22.60%	-1.67%	★★★★★★
ONEJOON	10.13%	35.30%	-5.78%	★★★★★☆
iMarketKorea	28.53%	5.35%	1.30%	★★★★★☆
ASIA Holdings	34.98%	8.43%	16.17%	★★★★★☆
Oriental Precision & EngineeringLtd	54.53%	3.14%	0.80%	★★★★★☆
FnGuide	36.10%	8.92%	10.27%	★★★★☆☆

Click here to see the full list of 188 stocks from our KRX Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

Hyundai G.F. Holdings (KOSE:A005440)

Simply Wall St Value Rating: ★★★★★☆

Overview: Hyundai G.F. Holdings Co., Ltd. engages in rental and investment businesses with a market cap of ₩787.32 billion.

Operations: Hyundai G.F. Holdings generates revenue primarily from rental and investment activities. The company has a market cap of ₩787.32 billion.

Hyundai G.F. Holdings, a promising player in South Korea, has shown remarkable earnings growth of 242291% over the past year, far outpacing the Trade Distributors industry average of 21.7%. The company is trading at 42.8% below its estimated fair value and has more cash than total debt, indicating strong financial health. Additionally, Hyundai G.F.'s revenue is forecast to grow by 20.82% annually, underscoring its potential for future expansion and profitability.

• Click here to discover the nuances of Hyundai G.F. Holdings with our detailed analytical health report.

• Assess Hyundai G.F. Holdings' past performance with our detailed historical performance reports.

Korea Electric Power Industrial Development (KOSE:A130660)

Simply Wall St Value Rating: ★★★★★★

Overview: Korea Electric Power Industrial Development Co., Ltd. (KOSE:A130660) specializes in providing electric power generation services and has a market cap of ₩463.25 billion.

Operations: Korea Electric Power Industrial Development generates revenue primarily from its electric power generation services, amounting to ₩373.29 billion.

Korea Electric Power Industrial Development has demonstrated solid financial performance, with earnings growth of 26.8% over the past year, surpassing the Electric Utilities industry average of 4.6%. The company’s debt to equity ratio improved from 10.7% to 6.2% in five years, indicating better financial health. Recent reports show net income for Q2 at KRW 10.89 million, up from KRW 8.35 million a year ago, despite sales dropping to KRW 6.94 million from KRW 7.83 million last year.

• Unlock comprehensive insights into our analysis of Korea Electric Power Industrial Development stock in this health report.

• Explore historical data to track Korea Electric Power Industrial Development's performance over time in our Past section.

Cuckoo Holdings (KOSE:A192400)

Simply Wall St Value Rating: ★★★★★☆

Overview: Cuckoo Holdings Co., Ltd., along with its subsidiaries, manufactures and sells electric heaters and daily necessities in South Korea and internationally, with a market cap of ₩775.41 billion.

Operations: Cuckoo Holdings generates revenue primarily from its electric heating appliances segment, amounting to ₩797.73 billion.

Cuckoo Holdings, a small-cap player in South Korea, has shown consistent earnings growth of 8.8% annually over the past five years. The company repurchased shares in 2024, reflecting confidence in its valuation. Despite its debt to equity ratio increasing slightly from 0% to 0.04%, Cuckoo remains financially sound with more cash than total debt. However, recent earnings growth of 6.5% lagged behind the Consumer Durables industry’s robust performance at 26.5%.

• Dive into the specifics of Cuckoo Holdings here with our thorough health report.

• Examine Cuckoo Holdings' past performance report to understand how it has performed in the past.

Seize The Opportunity

• Dive into all 188 of the KRX Undiscovered Gems With Strong Fundamentals we have identified here.
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Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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