HYUNDAI IS ALREADY CARRYING LNG, DO YOU KNOW ⁉️Ranks analytical crew welcomes everyone!
Today we will analyze the shares of a curious subsidiary of the automaker Hyundai from South Korea.
Hyundai Glovis Co Ltd (#GLOVS) – Ranks score - 94 %
The company operates in 3 sectors:
🔘 Logistics (auto parts and industrial goods)
🔘 Ocean cargo transportation (auto and industrial goods)
🔘 Distribution (used cars and metals)
Future businesses that the company plans to develop:
🔘 Smart logistics (using the Internet of Things)
🔘 Hydrogen business (logistics of hydrogen transportation)
🔘 Used electric car batteries (transportation and processing)
Why is it interesting to Ranks analysts ❓
🥇 The company is a major logistics operator of international cargo terminals + participates in the supply of liquefied natural gas (LNG)
🥈 The company has an outstanding financial position + it pays dividends
🥉 Valuation multipliers are very attractive + 94% of analysts recommend buying
What are the risks ❓
❌ The company reported worse than expected earnings in the 3rd quarter
❌ Global fuel cost growth limits profitability
