Ratings Daehan Steel Co., Ltd.

Equities

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
14,020 ^KRW	+0.86%		+2.04%	+8.51%

Apr. 23	Daehan Steel Co., Ltd. and BRC Asia Limited entered into agreement to acquire 50% stake in Angkasa Daehan Steel Pte Ltd. from LTC Corporation Limited.	CI
Mar. 25	Daehan Steel Co., Ltd. agreed to acquire additional 30.1% stake in Angkasa Daehan Steel Pte Ltd. for KRW 25.7 billion.	CI

Overall, the company has poor fundamentals for a medium to long-term investment strategy.
From a short-term investment perspective, the company presents a deteriorated fundamental situation

The company is in a robust financial situation considering its net cash and margin position.
Its low valuation, with P/E ratio at 7.31 and 3.45 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company appears to be poorly valued given its net asset value.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company's earnings growth outlook lacks momentum and is a weakness.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
DAEHAN STEEL CO., LTD.	+8.51%	190M		-
JSW STEEL LIMITED	+1.77%	25.86B		B
BAOSHAN IRON & STEEL CO., LTD.	+19.56%	21.23B		A
CHINA STEEL CORPORATION	-9.07%	11.73B		A-
JINDAL STEEL & POWER LIMITED	+25.93%	11.2B		B+
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+11.54%	10.91B		C+
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+10.96%	10.15B	-	C
TERNIUM S.A.	+2.61%	8.56B		B
BHARAT FORGE LIMITED	+3.56%	7.32B		B+
JINDAL STAINLESS LIMITED	+22.33%	6.92B		B-

Investor Rating

Trading Rating

ESG Refinitiv

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality