Added to YB: 2026-09-07
Pitch date: 2026-09-03
006660.KS [neutral]
Samsung Climate Control Co., Ltd.
Author Info
Sung Capital is an alternative asset management firm run by Oliver Sung. We invest capital for families, registered investment advisors, and accredited investors through a private investment fund. We pick underpriced stocks, usually in pockets of the market where large pools of capital (funds and institutions) can’t or won’t invest, but we flip every stone. We pick stocks only, use no leverage, and require a significant margin of safety in every investment. Sign up for the newsletter.
Company Info
Samsung Climate Control Co., Ltd. manufactures and sells automotive parts in South Korea and internationally.
Market Cap
KRW 98.7B
Pitch Price
N/A
Price Target
22.7K
Dividend
N/A
EV/EBITDA
-17.37
P/E
8.46
EV/Sales
-0.97
Sector
Automobile Components
Category
value
All Korean net nets #2: who’s holding the keys? - Samsung Climate Control
006660.KS (pass): Samsung Climate Control trades at 0.48x NCAV with an estimated 85% upside to liquidation value, but liquidation value is the only real support: the low-margin business has compounded book value per share at just mid-single digits. The family controls roughly 52%, prior diversification largely failed, financial-asset disclosure raises questions, and a treasury-share swap strengthened friendly voting control, leaving no clear mechanism for minorities to realize value.
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