Stock Analysis

Exploring PSK HOLDINGS And 2 Other Undiscovered Gems In South Korea

KOSDAQ:A137400
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Over the last 7 days, the South Korean market has risen 3.8%, driven by gains of 6.0% in the Information Technology sector, and is up 5.8% over the last 12 months with earnings forecast to grow by 29% annually. In this promising environment, identifying strong stocks like PSK HOLDINGS and two other undiscovered gems could offer significant potential for investors looking to capitalize on these favorable conditions.

Top 10 Undiscovered Gems With Strong Fundamentals In South Korea

NameDebt To EquityRevenue GrowthEarnings GrowthHealth Rating
Korea Cast Iron Pipe IndNA1.97%8.84%★★★★★★
Samyang49.49%6.68%23.96%★★★★★★
Woori Technology InvestmentNA25.66%-1.45%★★★★★★
Kyung Dong Navien22.40%11.19%18.84%★★★★★★
SELVAS Healthcare13.50%9.36%71.59%★★★★★★
Synergy Innovation12.39%12.87%28.82%★★★★★★
ONEJOON10.13%35.30%-5.78%★★★★★☆
Oriental Precision & EngineeringLtd54.53%3.14%0.80%★★★★★☆
Daewon Cable30.50%8.72%60.28%★★★★★☆
THINKWARE36.75%21.25%22.92%★★★★☆☆

Click here to see the full list of 194 stocks from our KRX Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

PSK HOLDINGS (KOSDAQ:A031980)

Simply Wall St Value Rating: ★★★★★☆

Overview: PSK HOLDINGS Inc. manufactures and sells semiconductor manufacturing and flat panel display equipment worldwide, with a market cap of ₩984.32 billion.

Operations: PSK HOLDINGS Inc. generates revenue primarily from its semiconductor manufacturing equipment segment, which reported ₩132.98 billion in sales.

PSK Holdings, a semiconductor player, has seen earnings grow by 40.8% over the past year, outpacing the industry’s -10%. A notable one-off gain of ₩26.4B boosted recent financial results. The company's debt to equity ratio increased from 0% to 4.4% in five years, yet it holds more cash than total debt. Recently added to the S&P Global BMI Index, PSK seems poised for continued growth with earnings forecasted to rise by 20.74% annually.

KOSDAQ:A031980 Earnings and Revenue Growth as at Sep 2024
KOSDAQ:A031980 Earnings and Revenue Growth as at Sep 2024

People & Technology (KOSDAQ:A137400)

Simply Wall St Value Rating: ★★★★★★

Overview: People & Technology Inc. specializes in providing coating, calendaring, slitting, automation, and other machineries with a market cap of ₩1.34 billion.

Operations: People & Technology Inc. generates revenue primarily from its Machinery & Industrial Equipment segment, amounting to ₩792.60 billion.

People & Technology, a small cap firm in South Korea, has shown impressive financial metrics. Its net debt to equity ratio stands at 19.4%, which is satisfactory and indicates prudent financial management. Over the past year, earnings growth hit 50.9%, outpacing the Machinery industry’s 5.4%. Notably, the company repurchased shares in 2024, signaling confidence from within. Trading at 55.5% below estimated fair value further underscores its potential as an undervalued investment opportunity.

KOSDAQ:A137400 Debt to Equity as at Sep 2024
KOSDAQ:A137400 Debt to Equity as at Sep 2024

Taihan Cable & Solution (KOSE:A001440)

Simply Wall St Value Rating: ★★★★★☆

Overview: Taihan Cable & Solution Co., Ltd. manufactures, processes, and sells electric wires, cables, and related products worldwide with a market cap of ₩2.30 trillion.

Operations: Taihan Cable & Solution generates revenue primarily from its wire segment, amounting to ₩3.42 billion. The company also incurs sales between divisions, which subtracts ₩380.13 million from the total revenue.

Taihan Cable & Solution has shown impressive financial health, with its debt to equity ratio dropping from 203.6% to 30.2% over the past five years and earnings growth of 127% in the last year. The company reported a net income of ₩24.88 billion for Q2 2024, up from ₩12.82 billion a year ago, despite sales decreasing to ₩8.82 billion from ₩9.75 billion in the same period. Basic earnings per share also rose to ₩134 from ₩104 year-over-year, indicating robust profitability amidst fluctuating sales figures.

KOSE:A001440 Earnings and Revenue Growth as at Sep 2024
KOSE:A001440 Earnings and Revenue Growth as at Sep 2024

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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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