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Trades about 75% below its sector, cheaper than its peers on earnings.
DB Inc. is a diversified South Korean company primarily involved in information technology (IT), international trade, and consulting services. Its IT division delivers a full spectrum of services, including IT outsourcing, system integration, convergence solutions, and cloud computing. In its trading arm, the company specializes in the global import and export of various chemical products, such as synthetic resins (e.g., PE, PP, PET, PS/EPS), specialized resins (e.g., PU, PC), and petrochemical derivatives. It also trades in a range of iron and steel products, including cold-rolled and hot-rolled sheets, tin plates, beams, and ferro-alloys. Furthermore, DB Inc. provides human resource consulting. The company was established in 1977, originally known as Dongbu Inc., and officially adopted its current name, DB Inc., in October 2017. Its headquarters are situated in Seoul, South Korea.
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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.
