Added to YB: 2026-10-15
Pitch date: 2026-10-12
032080.KQ [neutral]
AztechWB Co., Ltd.
-11.51%
current return
Author Info
Sung Capital is an alternative asset management firm run by Oliver Sung. We invest capital for families, registered investment advisors, and accredited investors through a private investment fund. We pick underpriced stocks, usually in pockets of the market where large pools of capital (funds and institutions) can’t or won’t invest, but we flip every stone. We pick stocks only, use no leverage, and require a significant margin of safety in every investment. Sign up for the newsletter.
Company Info
AztechWB Co., Ltd. manufactures and sells textiles in South Korea. The company is involved in spinning, dyeing, weaving, and finishing wool, and wool blended fabrics to garment design and its production.
Market Cap
KRW 19.4B
Pitch Price
KRW 2.0K
Price Target
5.9K
Dividend
N/A
EV/EBITDA
85.26
P/E
-38.97
EV/Sales
-1.02
Sector
Textiles, Apparel and Luxury Goods
Category
value
All Korean net nets #5: finding nuggets in the dirt - AztechWB Co., Ltd.
032080.KQ (pass): AztechWB has a reference price of KRW2,020 per post-split share versus a conservatively modeled liquidation value of KRW5,933, but its investment funds are opaque and family incentives undermine realization. The loss-making mill remains open partly because it buys yarn from the CEO family’s private company, which has also received loans and guarantees. Unlike the Berkshire textile precedent, outside investors lack control; the NAV discount alone is insufficient.
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