TCC Steel Corp
KRX:002710

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TCC Steel Corp
KRX:002710
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Price: 15 230 KRW 1.53% Market Closed
Market Cap: 399.2B KRW

Relative Value

The Relative Value of one TCC Steel Corp stock under the Base Case scenario is 36 735.43 KRW. Compared to the current market price of 15 230 KRW, TCC Steel Corp is Undervalued by 59%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
36 735.43 KRW
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
52
vs Industry
61
Median 3Y
1.3
Median 5Y
0.7
Industry
2
Forward
0.6
vs History
44
vs Industry
7
Median 3Y
27.4
Median 5Y
20.5
Industry
18.8
Forward
177.4
vs History
19
vs Industry
6
Median 3Y
31.4
Median 5Y
21.6
Industry
10.9
vs History
vs Industry
Median 3Y
-33.3
Median 5Y
-16.4
Industry
18.2
vs History
61
vs Industry
24
Median 3Y
3.6
Median 5Y
1.8
Industry
2.1
vs History
52
vs Industry
59
Median 3Y
1.6
Median 5Y
0.9
Industry
2.5
Forward
0.8
vs History
49
vs Industry
17
Median 3Y
19.2
Median 5Y
14.6
Industry
8.3
vs History
46
vs Industry
5
Median 3Y
38.9
Median 5Y
26
Industry
12.3
Forward
26
vs History
30
vs Industry
3
Median 3Y
92.4
Median 5Y
55.2
Industry
14.9
Forward
260.3
vs History
19
vs Industry
6
Median 3Y
36.3
Median 5Y
24.9
Industry
12.2
vs History
vs Industry
Median 3Y
-19.4
Median 5Y
-15.8
Industry
16.4
vs History
68
vs Industry
36
Median 3Y
2
Median 5Y
1.1
Industry
1.9

Multiples Across Competitors

Competitors Multiples
TCC Steel Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
KR
TCC Steel Corp
KRX:002710
399.2B KRW 0.7 25.4 29.2 117.8
ZA
Kumba Iron Ore Ltd
JSE:KIO
108.5B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
302.4B BRL 1.4 10 4.8 6.2
AU
Fortescue Ltd
XMUN:FVJ
38.3B EUR 2.9 13.3 8.9 8.9
AU
Fortescue Metals Group Ltd
ASX:FMG
67.3B AUD 2.9 13.2 8.8 8.8
US
Nucor Corp
NYSE:NUE
36.4B USD 1.1 22.1 10.2 16.1
LU
ArcelorMittal SA
AEX:MT
29.3B EUR 0.6 13.3 6.4 12.3
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.6T INR 1.5 43.7 12.8 20.2
US
Steel Dynamics Inc
NASDAQ:STLD
25.7B USD 1.5 22.8 14.8 20.4
IN
Tata Steel Ltd
NSE:TATASTEEL
2.1T INR 0.9 30.9 9.5 15.2
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
157B CNY 0.5 16.6 16.1 16.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
KR
TCC Steel Corp
KRX:002710
Average EV/EBITDA: 12.1
29.2
42%
0.7
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
6%
N/A
BR
Vale SA
BOVESPA:VALE3
4.8
8%
0.6
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
10%
0.9
AU
Fortescue Metals Group Ltd
ASX:FMG
8.8
10%
0.9
US
Nucor Corp
NYSE:NUE
10.2
10%
1
LU
ArcelorMittal SA
AEX:MT
6.4
13%
0.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
12.8
24%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
14.8
13%
1.1
IN
Tata Steel Ltd
NSE:TATASTEEL
9.5
20%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.1
59%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
KR
TCC Steel Corp
KRX:002710
Average EV/EBIT: 24.2
117.8
51%
2.3
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-4%
N/A
BR
Vale SA
BOVESPA:VALE3
6.2
6%
1
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
-8%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
8.8
-8%
N/A
US
Nucor Corp
NYSE:NUE
16.1
13%
1.2
LU
ArcelorMittal SA
AEX:MT
12.3
15%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
20.2
37%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
20.4
13%
1.6
IN
Tata Steel Ltd
NSE:TATASTEEL
15.2
30%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.1
24%
0.7