[Featured Stock] Selvas AI, Absolute Leader in Voice Recognition at the Starting Point of Robots and Metaverse... Undervalued Despite Explosive Growth

[Asia Economy Reporter Hyungsoo Park] Selvas AI is showing strong performance.

At 9:31 AM on the 13th, Selvas AI was trading at 11,350 KRW, up 16.17% from the previous trading day.

Hana Financial Investment forecasted that Selvas AI would benefit as the adoption of voice artificial intelligence (AI) technology based on virtual humans, a core element of the metaverse, accelerates. They expected earnings growth to speed up through metaverse business cooperation with Wysiwyg Studios.

Choi Jae-ho, a researcher at Hana Financial Investment, said, "The current stock price and market capitalization are significantly undervalued," adding, "It is a time when valuation is leveling up." He continued, "Compared to explosive earnings growth, the current stock price is in an absolute undervaluation zone," estimating, "Selvas AI's expected performance next year will record sales of 56.2 billion KRW and operating profit of 10.1 billion KRW, up 20.6% and 77.2% year-on-year, respectively." He added, "I strongly recommend active buying."

On the 10th, Selvas AI signed a memorandum of understanding (MOU) for 'metaverse business cooperation' with the comprehensive content group Wysiwyg Studios. The largest shareholder of Wysiwyg Studios is Com2uS, holding a 27.5% stake. Com2uS is expanding its business into new areas such as the metaverse and blockchain through its self-developed platform 'Com2Verse.'

Researcher Choi analyzed, "Com2uS and Wysiwyg Studios are accelerating their metaverse business," and "It appears that AI voice technology, essential for building the metaverse worldview, was previously lacking."

Selvas AI, the absolute leader in voice technology, will provide converged AI voice technology through voice recognition and synthesis via the MOU. It is expected to introduce various forms of AI voice technology not only for metaverse projects but also for about 17 affiliates owned by Wysiwyg Studios, including CG·VFX, movies, dramas, entertainment, and new media. As a result, Selvas AI's earnings growth is expected to accelerate very rapidly.

Researcher Choi said, "In a situation where unmanned technology has become a core trend, the growth based on AI voice technology is very steep across the board, and the introduction of AI voice technology, which is essential for the metaverse worldview, is also being actively promoted."

Selvas AI's strength in voice technology is also one of the essential technologies for robot growth. Earlier this year, Selvas AI established an 'open-source platform for conversational voice synthesis that can express robots' emotions and personalities.' The open-source platform is a result of a national research project titled 'Development of core technology for conversational voice synthesis that can express robots' emotions and personalities through voice source diversification,' conducted under the Korea Advanced Institute of Science and Technology and as part of the Ministry of Trade, Industry and Energy's Industrial Technology Innovation Project.

Samsung Electronics elevated its 'Robot Commercialization Task Force (TF)' to a formal department called the 'Robot Business Team.' Earlier this year, it established a robot TF under the home appliance division to explore commercialization possibilities and changed it to a permanent organization after about a year. The industry interprets this as Samsung Electronics selecting robots as a future new growth business and intending to push it forward in earnest. Samsung Electronics unveiled the care robot Samsung Bot Care at CES, the world's largest electronics and IT exhibition, in 2019, and introduced the household service robot Samsung Bot Handy, which helps with housework, in January this year.