Added to YB: 2026-09-23
Pitch date: 2026-09-10
024070.KS [neutral]
Wiscom 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
Wiscom Co.,Ltd. manufactures and sells plastic products in South Korea. It operates through PNP and Manufacturing divisions.
Market Cap
KRW 30.6B
Pitch Price
KRW 2.0K
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.01
P/E
9.72
EV/Sales
0.04
Sector
Chemicals
Category
value
All Korean net nets #3: another 8 stocks - Wiscom Co.,Ltd.
024070.KS (quick overview): Wiscom’s appeal is almost entirely its land: five Korean plant sites carried at KRW10bn have a KRW54bn tax-assessed value, nearly twice the KRW29bn market cap, while the stock trades at 85% of net cash. Selling one surplus plant could unlock value, but operating income hovering around zero, loss-making LG Chem work and 47 years of family inertia make realization highly uncertain.
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