Added to YB: 2026-07-15
Pitch date: 2026-07-14
002810.KS [bullish]
Samyung Trading Co., Ltd.
Author Info
@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter
Company Info
Samyung Trading Co., Ltd. primarily supplies organic and inorganic chemical products worldwide. Its chemical products include paint, paint thinner, ink/glue, binder/photo gravure printing/synthetic leather, urethane and other synthetic resins/medical composition, minute chemical reagent/fiber, leather/plating/glass/metal detergent, and other solvents.
Market Cap
KRW 346.5B
Pitch Price
N/A
Price Target
39.3K (+100%)
Dividend
N/A
EV/EBITDA
1.63
P/E
5.68
EV/Sales
0.26
Sector
Trading Companies and Distributors
Category
value
PA Idea: Samyung Trading (002810).
002810.KS: Korean holdco owning 50% of Essilor-Luxottica Korea JV (50% ROE, ~80% of profits), trades 5x EPS w/ negative EV. Mkt cap 342B vs 344B net cash + 78B JV cash. JV alone worth 180% of mkt cap at 12x EBIT. Value-Up catalyst: 'High Dividend' status, 70% divvy hike, ratchet toward 40% payout = ~8% yield growing double-digits. Double if yield compresses to peer 4%. Activist involved, ESL may consolidate.
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