[Featured Stock] Kolmar Korea Jumps Over 5%...Securities Firms Expect Earnings Improvement

KOLMAR KOREA is showing a gain of more than 5% in early trading on expectations in the Yeouido securities market for improved earnings.

As of 9:37 a.m. on the 26th, KOLMAR KOREA was trading at 75,500 won, up 3,900 won (5.45%) from the previous day. In early trading, it climbed as high as 76,600 won.

Investor sentiment appears to have improved as expectations in the securities market for KOLMAR KOREA have risen. Some securities firms, including Daol Investment & Securities (110,000 won), Hyundai Motor Securities (100,000 won), NH Investment & Securities (96,000 won), and SK Securities (95,000 won), have raised their target prices.

Ha Heeji, a researcher at Hyundai Motor Securities, said, "Although visibility for an earnings recovery at the U.S. subsidiary is limited, we expect the company to continue to secure solid orders from indie clients at the domestic subsidiary, and sales to global multinational corporation (MNC) clients will also be reflected, driving overall earnings."

Park Jonghyun, a researcher at Daol Investment & Securities, stated, "This year's PER (price-earnings ratio) valuation is 12.5 times, which represents a deepening undervaluation compared to competitors, and as the stock has remained at the lower end of its valuation band over the past two years, we expect corporate value to rise in tandem with confirmation of profit visibility for the first half of this year (forecast)."