
DRB Holding Co., Ltd. (004840.KS)
ValueMarkers Composite Index
99% below intrinsic value ($320)
DRB Holding Co., Ltd. (004840.KS) — VMCI valuation read
DRB Holding Co., Ltd. (004840.KS) carries a VMCI composite of 54/100, 4 points above the Consumer Cyclical sector median of 50. Among mid-cap names, that gap places 004840.KS in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).
The 004840.KS insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.
**Investor frame.** Value reads 004840.KS trades at 24.0x earnings, 33% above the Consumer Cyclical median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Consumer Cyclical 12.0x. Quality: ROIC of 10.0% sits 0.0pp above the Consumer Cyclical median (10.0%). Risk: net debt to EBITDA of 1.5x leaves covenant headroom, the line to track on DRB Holding Co., Ltd.'s next 10-Q.
004840.KS rose 2.0% over the trailing 7 days, with a -23.5% read on a 30-day basis.
DRB Holding Co., Ltd. manufactures and sells vehicle sealing products, construction materials, and seismic isolation and vibration controls in South Korea and internationally. It provides glass run/channels, as well as door, body, tailgate, and hood seals. The company also offers railway products, such as low vibration track systems, ballast mats, platform gap fillers, and rail fastening systems; marine products, including rubber fenders, automatic cable cover belts, and marine accessories; eco-products comprising rubber dams, eco-tanks, multi-function HDPE catch basins, and intercepted flow control devices; and civil engineering and industrial materials, such as submerged gaskets, membranes for tanks, shock mounts, diaphragms, water-proof sheets, sluice seals, gas holders, crash cushions, and door seals. In addition, it provides isolation systems, such as natural, lead, and high damping rubber bearings; damper systems, including easy/MEED, lintel-type vibration control, SSF, and door and window-type dampers; and structural systems comprising composite beam systems, as well as engineering services. Further, the company offers power transmission belts, which include industrial, automotive, agricultural, and specialty belts; conveyor belts and systems; and rubber tracks and pads. Additionally, it sells its products online. DRB Holding Co., Ltd. was founded in 1945 and is headquartered in Busan, South Korea.
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