KB Securities: Samsung Electronics and SK Hynix shares have fallen 38% in the past three months, with P/E ratios of only 3x, indicating "extreme undervaluation." They are listed as top picks in the semiconductor sector.
KB Securities, in a research report on September 7, noted that despite an optimistic fundamental outlook, Samsung Electronics and SK Hynix shares have fallen 38% from their peaks in the past three months. Their forward P/E ratio for next year's earnings is only about 3x, placing them in an "extremely undervalued" state. The firm designated both companies as top picks in the semiconductor sector, anticipating a strong revaluation rally to commence soon.
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