[Click eStock] "DKT, Expected Revaluation Through Expansion in OLED and Automotive Electronics"

Meritz Securities forecasted on the 23rd that DKTI is highly likely to be re-evaluated through expanded sales in IT organic light-emitting diode (OLED) and automotive electronics. No investment opinion or target price was provided.

Yang Seung-su, a researcher at Meritz Securities, said, "This year, sales for BH EVS (vehicle wireless charging module business) are expected to grow steadily based on a solid order backlog," adding, "We anticipate continuous strong performance through high market share in foldable sales and early production of the Galaxy S25."

Yang also emphasized the importance of business diversification beyond performance growth. He explained, "In the fourth quarter of this year, the first sales related to IT OLED for domestic and North American companies are expected, and unlike smartphones with limited top-line demand growth, IT OLED is significant because continuous sales growth is expected through future product expansion. Additionally, sales for energy storage system (ESS) power modules are expected to be recognized for the first time in the third quarter."

He continued, "There is a high possibility of additional multiple rerating through expanded sales of IT OLED and automotive electronics," adding, "This is a time when a corporate value re-evaluation can be expected considering performance growth and changes in the business structure."