[Featured Stock] Unitrontech, the Most Undervalued Robot Company

Hana Securities "Relating Needed"
Sales Forecasted at 643.4 Billion KRW, Operating Profit at 33.6 Billion KRW

Unitrontech is showing strong performance. The analysis that the robot artificial intelligence (AI) computing module 'URC-100' will be commercialized appears to be influencing the stock price.

As of 2:27 PM on the 8th, Unitrontech is trading at 5,620 KRW, up 25.17% compared to the previous trading day.

Hana Securities analyzed that Unitrontech is the most undervalued robot company and that it is time for re-rating.

Researcher Cho Jeong-hyun of Hana Securities explained, "URC-100 is a computing module installed in collaborative robots, autonomous mobile robots (AMR) for logistics, and autonomous service robots," adding, "It is equipped with AI SoC from global semiconductor company Q, enabling high-performance computing processing, which is an essential component for robots' perception, judgment, and autonomous driving functions."

He continued, "It is expected to complete testing with a major domestic outdoor autonomous robot manufacturer in the first half of this year and begin mass production in the second half," adding, "there is no standardized platform for robot AI computing modules, and domestic robot companies heavily rely on Chinese and Taiwanese products."

Furthermore, "it is expected that additional customer expansion will be possible through supply references," and "the expansion of robot services by customers is expected to proceed rapidly due to the deregulation of outdoor mobile robots," he analyzed. He emphasized, "In November last year, a legal basis was established allowing outdoor mobile robots to operate on sidewalks according to the revised autonomous driving robot law," and "the commercialization of URC-100 is expected to begin in earnest."

Researcher Cho estimated, "This year, sales will reach 643.4 billion KRW and operating profit 33.6 billion KRW," and analyzed, "With a price-earnings ratio (PER) of 3 times, it is significantly undervalued compared to peers such as Mirae Semiconductor, Uniquest, and Makers." He added, "Considering the expansion of the robot business, valuation expansion can be expected."