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POSCO Holdings American Depositary Shares representing 1/4 Ord Shs PKX

Posco Holdings Inc, formerly Posco, is a Korea-based company principally engaged in the manufacture and distribution of steel products. The Company operates its business through four segments. The Steel segment produces and sells steel products such as hot rolled steel, cold rolled steel, stainless steel, among others. The Trading segment engages in the global trade, including the export and import of steel products. The Engineering and Construction (E&C) segment plans, designs and builds industrial plants, civil engineering projects, commercial and residential buildings. The Other segment is engaged in the power plants, information and communication related services and other businesses.


NYSE:PKX - Post by User

Post by Torontojayon Nov 10, 2021 9:42pm
205 Views
Post# 34113158

Ben Graham US stocks

Ben Graham US stocks

Posco is the second company I've identified as passing Ben Graham's rules on stock selection. It is the largest steel producer in South Korea. It pays a nice dividend but it's growth rate has been slow and steady. 


Ben Graham criteria ( a Norm Rothery modification) 

1) price to earnings less 15
2) price to book less than 1.5
3) current ratio greater than 2
4) positive earnings in each of the last 5 years
5) eps growth of at least 3% over last 5 years
6) positive dividend growth over the last 5 years
7) revenue greater than $400 million

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