Added to YB: 2026-09-18
Pitch date: 2026-09-15
221980.KQ [bullish]
KD Chem Co., Ltd.
Author Info
No bio for this author
Company Info
KD Chem Co., Ltd. manufactures and sells fine chemicals in South Korea. It provides general purpose stabilizers for suspension PVC applications; calendar foaming stabilizers for suspension PVC applications; kickers for emulsion PVC applications; stabilizers for emulsion PVC applications; Ca-Zn type stabilizers for wires/hoses; organotin type stabilizers; co-stabilizers; and lubricants and other additives.
Market Cap
KRW 35.2B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.21
P/E
4.19
EV/Sales
0.19
Sector
Chemicals
Category
value
Net-net with consistent earning power, trading at 1.7x EV/EBIT while paying a 5.4% dividend. - KD Chem Co., Ltd.
221980.KQ: KD Chem is a stable PVC heat-stabilizer producer with >50% Korean market share, customer-specific formulations and high switching costs. At a ₩34.68B market cap, it trades at 0.74x NCAV and 1.7x EV/5-year average EBIT after ₩23.38B of net cash, while yielding 5.4%. A new plan targets a ≥25% payout ratio and 8-10% ROE, but it is non-binding; illiquidity, affiliate loans and succession remain material risks.
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