Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

002710.KS

STRONG SELLREMOVE

TCC Steel Corp. · Basic Materials · South Korea · $202M · Avg Vol: $979K/d

8
StockRank
Q
29
V
35
M
20
P/E (TTM)
—
ROE
-3.6%
D/E
0.9x
Dividend %
0.5%
Director Trades · 180d
None in 180d →
Buybacks · 180d
None in 180d →
AI CONVICTION THESIS

TCC Steel produces nickel-plated steel sheets for cylindrical batteries. While it has a niche in the EV supply chain, it is ultimately a cyclical steel manufacturer with low pricing power and high capital intensity.

COMPANY DESCRIPTION

TCC Steel Corp. is a specialized South Korean steelmaker that produces tin-plated and surface-treated steel sheets. The company has established a powerful competitive moat as a leading global supplier of nickel-plated steel sheets, which are critical materials for cylindrical electric vehicle (EV) battery cans. Its long-term supply relationships with major battery manufacturers position it as a key beneficiary of the global transition to electric mobility.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue445.7M406.6M379.1M398.2M-3.7%
EPS0.81-0.200.50-0.18-21.2%
Shares25.4M26.2M26.2M26.2M+3.3%
Debt121.7M172.7M147.0M151.4M7.6%
Equity132.7M150.4M166.0M159.5M6.3%
Op CF-7.8M3.8M11.7M16.3M108.1%
Inv CF-42.1M-65.6M-19.5M-3.5M—
Fin CF44.2M57.7M-4.5M-0.6M—
Loading...
PRICE (1Y)-38.9%
7.218.369.5110.6611.81May 11Jun 2Jun 23
SMA 50SMA 200
Close
$7.21
RSI (14)
31.4
52W High
$14.95
From 52W High
0.5%

SCORE BREAKDOWN

Quality
29
ROIC
1.8%41.7
ROE
-3.6%31.1
GP/Assets
2.6%16.8
Op. Margin
-2.3%14.2
FCF/Assets
1.1%56.7
Piotroski
546.2
Int. Cover
0.4x28.8
D/E Ratio
0.95x14.1
Current Ratio
1.07x16.2
Value
35
P/E (TTM)
—N/A
EV/EBITDA
-240.9x25.0
P/FCF
77877.7x21.8
P/B
1.3x67.4
P/S
0.6x79.2
Div Yield
0.5%19.3
Momentum
20
52W High %
48%16.5
RS 6M
-136%0.9
SMA 50/200
1.01x40.7
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$202M
P/E (Forward)
—
Gross Margin
2.3%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002710.KS are excluded.

TickerCompanyMkt CapStockRankSignal
002710.KSTCC Steel Corp.(you)$202M8STRONG SELL
054540.KQSAMYOUNG M-Tek Co., Ltd$70M14STRONG SELL
005010.KSHusteel Co., Ltd.$154M35SELL
460860.KSDongkuk Steel Mill Company Limited$296M33SELL
003030.KSSeAH Steel Holdings Corporation$321M31SELL
104700.KSKISCO Corp.$186M39HOLD
002220.KSHanil Iron & Steel Co., Ltd$79M23SELL
365330.KQSY STEEL TECH$72M23SELL
005160.KQDongkuk Industries Co., Ltd.$82M31SELL
001940.KSKISCO Holdings Corp.$192M48HOLD

Peer medians: ROE 3.2% · P/E 12.4x · Gross margin 15.1%

TCC Steel Corp. (002710.KS) — Stock Score Summary

TCC Steel Corp. (002710.KS) has a MoatMap StockRank of 8/100 based on Quality (29/100), Value (35/100), and Momentum (20/100) factor scores. The current signal is STRONG SELL. TCC Steel produces nickel-plated steel sheets for cylindrical batteries. While it has a niche in the EV supply chain, it is ultimately a cyclical steel manufacturer with low pricing power and high capital intensity.

TCC Steel Corp. is a specialized South Korean steelmaker that produces tin-plated and surface-treated steel sheets. The company has established a powerful competitive moat as a leading global supplier of nickel-plated steel sheets, which are critical materials for cylindrical electric vehicle (EV) battery cans. Its long-term supply relationships with major battery manufacturers position it as a key beneficiary of the global transition to electric mobility.

Key Financial Metrics

Price$7.21
Market Cap$202M
Price/Book1.27
Return on Equity-3.6%
Return on Invested Capital1.8%
Debt/Equity94.95
Gross Margin2.3%
Operating Margin-2.3%
Revenue Growth12.2%
Dividend Yield0.5%
Free Cash Flow$3K

TCC Steel Corp. operates in the Steel industry, part of the Basic Materials sector (South Korea).

Frequently Asked Questions

What is TCC Steel Corp.’s (002710.KS) StockRank?
MoatMap’s StockRank for TCC Steel Corp. (002710.KS) is 8/100, with a Strong Sell signal. It is a composite of Quality (29), Value (35), and Momentum (20) factor ranks across MoatMap’s 20,000+ stock universe.
Does TCC Steel Corp. have an economic moat?
TCC Steel Corp. (002710.KS) has a Quality factor score of 29/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is TCC Steel Corp. a buy, hold, or sell?
MoatMap’s current signal for TCC Steel Corp. (002710.KS) is Strong Sell, based on a StockRank of 8/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is TCC Steel Corp. in?
TCC Steel Corp. (002710.KS) operates in the Basic Materials sector, specifically the Steel industry (South Korea).
Browse all ranked stocks002710.KS deep dive reportAI ChampionsHow we score stocksSense-check another stock