Research

The Conglomerate Series: Emtek Group

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Algo Research Team

Company | Jun 23, 2024 | Views: 1986

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Key Summary:

  • EMTK: Capitalizing Superbank momentum
  • BUKA: Turnaround, asset-value mismatch
  • SCMA: Earnings improvement, Vidio fundraising

This is the first conglomerate research series by Algo, where we analyze large corporations with a focus on exposure to public market. Here, we try to assess the catalysts and momentum of Emtek Group, which could potentially be an attractive opportunity to trade.


We are positive on Emtek Group, specifically the 3 main stocks (EMTK, BUKA, SCMA) that are included as part of Algo Research Alpha Index (read here: Buy The Dip). Thus far, they have generated positive returns since our last rebalancing: EMTK (+2.7%), BUKA (+7.5%), SCMA (+13.3%).

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