Hyundai Corporation Holdings (KOSPI: 227840, 현대코퍼레이션홀딩스) collects a fee every time somebody sells a generator, a power tool or an air conditioner under the HYUNDAI logo somewhere outside Korea.
It also owns a quarter of a ₩8.7 trillion trading house, imports frozen meat, makes cardboard boxes in Cambodia and grows shiitake mushrooms in Lancashire.
The whole thing is worth ₩122.2bn (US$86m) and no broker has published a report on it since May 2021.
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Hyundai Corporation Holdings (227840): The Double Discount, and a Royalty Business for 1x Earnings