081660 KS

FILA KOREA Co Ltd

Consumer


Presented:04/26/2019
Price:₩79,500.00
Cap:$4.42B
Current Price:₩40,750.00
Cap:$2.23B

Presented

Date04/26/2019
Price₩79,500.00
Market Cap$4.42B
Ent Value$4.19B
P/E Ratio33.85x
Book Value₩16,226.40
Div Yield0.06%
Shares O/S61.12M
Ave Daily Vol545,331
Short IntN/A

Current

Price₩40,750.00
Market Cap$2.23B
Fila Korea Ltd. engages in the manufacture, sale and trade of various sporting goods and apparel. It offers footwear, clothes, leather goods, watches, cosmetics, perfume, hair care, golf and sporting equipment through the following brand names: Fila, Fila Golf, Fila Intimo, Fila Kids, filativa and Fila Outdoor. The company was founded on July 11, 1991 and is headquartered in Seoul, South Korea.

Publicly traded companies mentioned herein: Acushnet Holdings Corp (GOLF), Adidas AG (ADS GR), ANTA Sports Products Ltd. (2020 HK), Fila Korea Ltd (081660 KS), Puma SE (PUM GR)

Highlights

The presenter is long Fila Korea (081660 KS) due to his belief in the sustainability of the brand's recent resurgence, which occurred on the back of a successful Disruptor II launch (this is Fila's hot, retro shoe) that drove solid growth in 2018. With the potential for market-leading revenue and EBITDA growth to continue, as well as underappreciated margin expansion, there could be upside to 120,000 KRW (+50%) over 12 - 24 months.

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Idea Discussion

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