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Added to YB: 2026-08-25

Pitch date: 2026-08-23

192400.KS [bullish]

Cuckoo Holdings Co., Ltd.

-4.68%

current return

Author Info

Demystified Value is a value investing blog focused on smaller investment ideas, investing concepts and anything else value investing. Sign up for the newsletter.

Company Info

Cuckoo Holdings Co., Ltd., together with its subsidiaries, manufactures and sells electric heaters and daily necessities in South Korea and internationally.

Market Cap

KRW 876.4B

Pitch Price

KRW 27.8K

Price Target

69.9K (+164%)

Dividend

N/A

EV/EBITDA

2.73

P/E

5.25

EV/Sales

0.55

Sector

Household Durables

Category

value

Show full summary:
Cuckoo Holdings (192400 KR): A Blue Chip Rice Cooker Duopoly at a Discount, Value-Up Momentum

192400.KS: Korean rice cooker duopoly (70%+ share) at Graham & Dodd prices: 5.7x owners' earnings, 4x EV/EBIT, 0.69x liquidation value, 5.9% yield. Dividend +26% CAGR since 2021. Value-up catalyst. Growing export/appliance segments. Fair value ₩38k-70k vs ₩27,400. Risks: KR governance, share loss, FX.

Read full article (9 min)