Korea / Special Situations, Clepsydra Capital

Sanghyun Park

Korea / Special Situations

Event-Driven

My proposed valuation for Hyundai Robotics is ₩3.47tril with 71.8% upside potential from the price on the last trading day. I feel that this is still a little aggressive valuation, but it is substantially lower than what those aggressive investors are hoping to get for Hyundai Robotics (a whopping ₩6.82tril). My point is, although I do not disagree that Hyundai Robotics would be the stock that you want to focus on as it would enjoy several factors such as value transfer from the other affiliates, holdco premium and royalty incomes, but the valuation proposed by these aggressive investors is just too much to take.

My proposed valuation for Hyundai Robotics is ₩3.47tril with 71.8% upside potential from the price on the last trading day. I feel that this is still a little aggressive valuation, but it is substantially lower than what those aggressive investors are hoping to get for Hyundai Robotics (a whopping ₩6.82tril). My point is, although I do not disagree that Hyundai Robotics would be the stock that you want to focus on as it would enjoy several factors such as value transfer from the other affiliates, holdco premium and royalty incomes, but the valuation proposed by these aggressive investors is just too much to take.

Hyundai Robotics Valuation Debate - Investment Guide for May 10

South Korea

GS Holdings is a holding company, which operates subsidiaries including GS Caltex Oil, GS Power, GS Home Shopping, GS Retail, and GS Sports.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

GS Holdings (078930 KS)

Hyundai Robotics Valuation Debate - Investment Guide for May 10

My proposed valuation for Hyundai Robotics is ₩3.47tril with 71.8% upside potential from the price on the last trading day. I feel that this is...

Sanghyun Park

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)