Our base case valuation analysis suggests a target price of 9,405 won per share, which is 25% lower than the mid-point of the IPO price range. We have a Negative View of Golfzon Commerce IPO.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.