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Trades about 81% below its sector, cheaper than its peers on earnings.
DRB Industrial Co., Ltd., founded in 1945 and headquartered in Busan, South Korea, is a prominent manufacturer and distributor primarily known for its rubber belts. The company offers a diverse portfolio of products across various sectors. For the automotive industry, it supplies sealing components like glass run/channels, door seals, body seals, tailgate seals, and hood seals. In construction, DRB provides low vibration track systems, ballast mats, platform gap fillers, and fastening systems for railway applications. Its marine product line includes rubber fenders, automatic cable cover belts, and associated accessories. DRB also produces a wide range of materials for civil engineering and industrial uses, such as submerged gaskets, tank membranes, shock mounts, diaphragms, waterproof sheets, sluice seals, gas holders, crash cushions, and industrial door seals. Its eco-friendly offerings feature rubber dams, eco-tanks, multi-function HDPE catch basins, and intercepted flow control devices. The company is a key provider of seismic isolation and vibration control solutions, offering isolation, damper, and complete structural systems. Furthermore, DRB manufactures power transmission belts—including wrapped, raw edge cogged, V-ribbed, and timing belts—for industrial, automotive, and agricultural machinery. It also supplies various conveyor systems, such as pipe/return pipe, corrugated sidewall, and air floating types, along with rubber track and undercarriage systems, and rubber pads. Beyond manufacturing, DRB Industrial provides architectural engineering services, focusing on performance-based structural design, seismic isolation/vibration control device and structure design, and composite beam design.
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