[Featured Stock] Cosmax, Strong Growth and Operating Leverage Effect... '52-Week High'
Cosmax's stock price is on the rise. Expectations of an operating leverage effect due to strong external growth appear to be influencing the stock price.
As of 9:48 AM on the 22nd, Cosmax is trading at 175,900 KRW, up 2.03% from the previous day. During the session, it rose to 177,800 KRW, marking a 52-week high.
Researcher Baesong from Mirae Asset Securities stated, "Both direct and indirect exports have expanded domestically, and local indie brand sales in China are translating into performance. In the U.S., sales growth toward indie brands has significantly reduced operating losses based on operating results," adding, "The background of growth is as expected, but the scale of growth is larger than anticipated."
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Researcher Bae continued, "Although uncomfortable cost issues such as bad debt write-offs and financial expenses still exist, the operating leverage effect from strong external growth overwhelmingly offsets these," and analyzed, "Concerns about profits are being resolved, highlighting the attractiveness of undervaluation in this phase."
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