Small Cap Research: VKC -Double-driver growth likely due to diversified business operations
  • 2016-03-25T16:59:13
  • Company Research
We recommend VKC due to its special business model, which benefits from two separate segments. The commercial tires segment contributed the most to VKC’s revenue, accounting for 70% of total revenue in 2015. VKC is the exclusive distributor of the Maxxis tire brand - the flagship brand of ninth largest tire manufacturer worldwide, Cheng Shin Rubber.