In today’s briefing:
- Winia Aid IPO Valuation Analysis
Winia Aid IPO Valuation Analysis
- Our base case valuation of Winia Aid is target price of 21,724 won per share, which is 34% higher than the high end of the IPO price range.
- Winia Aid had ROE of 29% in 2021 which was much higher than the comps’ average of 9.6% in 2021.
- The company’s core businesses include after sales service and logistics for Winia Group electronics related products and Apple after sales service and support.
Before it’s here, it’s on Smartkarma
