[Click e-Stock] "NuriPlan Expected to Gain Momentum from Subsidiary's Nuclear Power, Shipbuilding, and Data Center Sectors"

On December 24, independent research firm ValueFinder analyzed that NuriPlan is expected to attract attention for its undervaluation merits and the momentum of its key subsidiary, UnisonHKR, in the nuclear power, shipbuilding, and data center sectors.

Founded in 1992, NuriPlan is a manufacturer and constructor specializing in urban landscape and industrial safety equipment. The company was listed on the KOSDAQ market in 2010 and expanded its business portfolio into plant, construction materials, and eco-friendly equipment sectors by acquiring UnisonHKR in 2019. As of the previous day's closing price, its market capitalization stood at 37.9 billion won, with cumulative sales this year reaching 87.6 billion won, operating profit at 9.5 billion won, and net profit at 6.4 billion won, reflecting strong performance.

Lee Chungheon, a researcher at ValueFinder, explained, "UnisonHKR's seismic isolation bearings, which are crucial for shock absorption, are supplied to data centers, while expansion joints and pipe supports are used in the nuclear power and shipbuilding industries." He added, "It is important to note not only the technological capabilities, but also that these products are applied to high-growth industries and that the subsidiary has already achieved a cumulative net profit of 6.6 billion won this year."

The researcher particularly highlighted the connection with the nuclear power and shipbuilding industries. UnisonHKR has a track record of exclusively supplying ultra-low temperature expansion joints to Hanwha Ocean for several years and has also supplied large quantities of pipe supports and expansion joints for the construction of four Barakah nuclear power plants in the UAE. Based on these achievements, the company's order backlog has been steadily increasing, and it is reportedly preparing for an initial public offering in 2027.

Finally, the researcher stated, "This year, the company is expected to achieve its highest-ever performance," adding, "Recently, key management has increased their stakes by acquiring convertible bonds, and if the undervaluation merits and subsidiary momentum are highlighted, the company is likely to attract significant attention in the market."