[Featured Stock] Samsung SDI Surges Over 4% on 'Undervalued Range' Assessment
On the 17th, visitors are examining Samsung SDI's EV battery pack at 'InterBattery 2022' held at COEX, Samseong-dong, Gangnam-gu, Seoul. Photo by Hyunmin Kim kimhyun81@
View original image[Asia Economy Reporter Ji Yeon-jin] Samsung SDI is showing a strong gain of over 4% as analysis suggests that its stock price has entered an undervalued range due to previous declines.
As of 11:03 AM, Samsung SDI's stock is trading at 568,000 KRW, up 4.80% (26,000 KRW) compared to the previous day.
Earlier, Yuanta Securities evaluated that Samsung SDI's stock price has entered an excessively undervalued range.
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Kim Kwang-jin, a researcher at Yuanta Securities, stated, "The current stock price corresponds to a price-to-earnings ratio (PER) of only 20 times based on next year's earnings, which is the most undervalued level within the industry," adding, "excluding the value of Samsung SDI's equity holdings, the corporate value is only 31 trillion KRW, indicating an active buying opportunity."
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