[Edaily Reporter Kwon Oh Seok ] #The stock price of KISTRON Co., Ltd. is surging in early trading. It appears that buying interest is surging following positive outlooks from the securities industry.

According to MP Doctor on the 22nd, as of 9:14 a.m., KISTRON Co., Ltd. is trading at 5,030 won, up 7.02% from the previous trading day.
Earlier that day, Shinhan Investment Securities released a report on KISTRON Co., Ltd., stating, “With an expected 2026 P/E (price-to-earnings) ratio of 8.9x, we believe the stock is undervalued relative to its solid fundamentals,” and added, “We forecast steady growth as efforts to increase supply volume and reduce costs continue.” However, the firm did not provide an investment rating or target price.
Kim Ye-seong, an analyst at Shinhan Investment Securities, said, “Although the price of copper, a key raw material, has risen significantly, we understand that it is partially linked to the supply prices charged to customers.” He added, “However, there are concerns regarding R&D for new cable wire products and the pace of expansion into non-ferrous metals. We expect a revaluation of the stock once these uncertainties are resolved.”
KISTRON Co., Ltd. is a manufacturer of lead wires and cable wires, with a high proportion of overseas sales at around 80%. Previously, the company achieved its best-ever quarterly performance in the first quarter, with revenue of 19.8 billion won (up 16% year-over-year) and operating profit of 2.1 billion won (up 14%).
He added, “We are focusing on the increase in volume and the upward trend in capacity utilization driven by expanding demand for capacitors in the Chonbang market. Exchange rates are also favorable.” He continued, “We estimate that the size of the Chonbang industry will quadruple by 2027 when the company enters the non-ferrous metals sector. After entering the market in the second half of 2027, revenue growth is expected to increase gradually starting in 2028. The growth momentum of new businesses in the medium to long term remains strong.”