Added to YB: 2026-06-19
Pitch date: 2026-06-17
001430.KS [bullish]
SeAH Besteel Holdings Corporation
-28.16%
current return
Author Info
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Company Info
SeAH Besteel Holdings Corporation manufactures and sells special steel products in South Korea, the rest of Asia, South America, North America, Oceania, Europe, and internationally.
Market Cap
KRW 1.1T
Pitch Price
KRW 46.4K
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.48
P/E
15.93
EV/Sales
0.60
Sector
Metals and Mining
Category
value
The SpaceX supply chain play the Western market hasn't found yet - SeAH Besteel Holdings Corporation
001430.KS: Korean conglomerate ($1.26B mcap) priced as commodity steelmaker, hiding SeAH Superalloy Technologies (SST), a new $150M Texas Inconel plant going live H2 2026 targeting supply-constrained aerospace + SpaceX (customs BOL confirms Feb 2025 shipment to Hawthorne). Sangsangin values SST alone at ₩1.3T (76% of mcap), implying rest of group ~$300M. Q1 2026 op profit +69.8% YoY. Risks: unconfirmed contract, greenfield ramp, rival capacity, KOSPI friction.
Read full article (9 min)