Added to YB: 2026-09-23
Pitch date: 2026-09-10
009770.KS [bullish]
Sam Jung Pulp Co.,Ltd.
-2.33%
current return
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
Sam Jung Pulp Co.,Ltd. manufactures and sells toilet paper, sanitary paper, and other papers in South Korea.
Market Cap
KRW 69.0B
Pitch Price
KRW 27.9K
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
56.99
EV/Sales
N/A
Sector
Paper and Forest Products
Category
value
All Korean net nets #3: another 8 stocks - Sam Jung Pulp Co.,Ltd.
009770.KS (monitor): Sam Jung Pulp is a KRW70bn family-controlled black-box holding company with KRW155bn of net financial assets, trading at 0.49x NCAV and 0.25x book. Factory closures limit losses and could expose valuable industrial land, while buying the 26% float at a 50% premium would cost just KRW27bn. However, opaque investments and inheritance-tax incentives to suppress the listed valuation may keep the gap open indefinitely.
Read full article (5 min)