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(Source = Fila Holdings) |
[Alpha Biz= Reporter Kim Sangjin] Daishin Securities expressed expectations on the 19th that Fila Holdings will actively enhance shareholder value, supported by its ample cash reserves. The firm maintained its "Buy" rating and target price of 52,000 KRW.
Daishin Securities noted that Fila Holdings' stock price has shown a stable trend, driven by factors such as stock buybacks and expectations for improved performance in 2025.
The securities firm projected that this year, Fila Holdings will receive approximately 420 billion KRW in total cash inflows from special dividends of 80 million USD (about 110 billion KRW) from its Chinese joint venture, as well as from China fees, royalties, and Accusnet dividends. This high rate of shareholder returns is expected to be utilized to enhance shareholder value.
For the third quarter, Daishin Securities forecasted Fila Holdings' revenue to reach 1.051 trillion KRW, a 6% increase year-over-year, and operating profit to rise by 10% to 102 billion KRW.
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
