Professional
Added to YB: 2025-08-26
Pitch date: 2025-06-30
192400.KS [bullish]
Cuckoo Holdings Co., Ltd.
+3.71%
current return
Author Info
No bio for this author
Company Info
Cuckoo Holdings Co., Ltd., together with its subsidiaries, manufactures and sells electric heaters and daily necessities in South Korea and internationally.
Market Cap
KRW 901.3B
Pitch Price
KRW 29.6K
Price Target
58.9K (+91%)
Dividend
N/A
EV/EBITDA
3.90
P/E
7.24
EV/Sales
0.71
Sector
Household Durables
Category
value
Palm Harbour Capital Portfolio Holding: Cuckoo Holdings Co., Ltd.
192400.KS: Korean home appliance leader with 70% rice cooker market share, expanding into adjacent categories & intl markets (4% annual growth). Owns 40.6% of Cuckoo Homesys (rental business) & 100% of Cuckoo Electronics. Trades at <7x earnings ex-cash, near negative EV. Bull case: increasing dividends, strong domestic moat, 2x upside.
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