[Click eStock] "SNT Motiv, U.S. Investment in the Spotlight"

On September 1, Daishin Securities analyzed that SNT Motiv has secured new growth drivers through its investment in the United States. The target stock price was raised from 41,000 won to 46,000 won.

SNT Motiv decided to invest in its U.S. manufacturing subsidiary due to concerns over the prolonged impact of tariffs. The company secured a factory site of approximately 330,000 square meters in Louisiana. In May this year, it established SNT Global and invested 35.4 billion won. The company is currently undergoing the U.S. government approval process to transfer equipment from Korea to the United States.

Kim Guyoun, a researcher at Daishin Securities, stated, "Full-scale operations are expected to begin in the second half of next year," and explained, "The plant will handle volumes that were previously managed through exports from Korea." He added, "This will strengthen mid- to long-term earnings stability and local order competitiveness," and noted, "As of the end of the second quarter this year, the company had a net cash position of 502.7 billion won, indicating stable financial capacity."

In addition, he emphasized, "There is further upside potential, including possible additional defense orders bound for the Middle East and the emerging issue of treasury stock cancellation following the third revision of the Commercial Act."