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Trades about 169% below its sector, cheaper than its peers on earnings.
Founded in 1947 and headquartered in Daegu, South Korea, Daedong Corporation is a leading producer and international vendor of agricultural equipment. Its comprehensive array of products designed for farming includes tractors, combine harvesters, rice transplanters, and power tillers, as well as engines and utility terrain vehicles (UTVs). The company, which was formerly known as Daedong Industrial Co., Ltd., officially adopted its current name, Daedong Corporation, in March 2021.
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Market cap is shares times price. A simple formula that produces wildly unequal numbers: a single US tech name can be worth more than every company on a LATAM exchange combined.
