Hanwha Ocean (A042660) Stock Overview
Operates as a shipbuilding and offshore contractor in South Korea and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
A042660 Community Fair Values
Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Hanwha Ocean Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₩84,200.00 |
| 52 Week High | ₩154,800.00 |
| 52 Week Low | ₩71,300.00 |
| Beta | 0.91 |
| 1 Month Change | -4.21% |
| 3 Month Change | -31.10% |
| 1 Year Change | -26.14% |
| 3 Year Change | 140.57% |
| 5 Year Change | 213.59% |
| Change since IPO | 23.46% |
Recent News & Updates
Narrative Update • Aug 19
A042660: Canadian Energy MOUs Will Coincide With Lower Future P/E Potential
Analysts have revised their fair value estimate for Hanwha Ocean to about ₩79,247 from roughly ₩116,393, reflecting updated assumptions around revenue growth, profit margins, and a lower expected future P/E multiple. What's in the News for Hanwha Ocean Hanwha Ocean signed a non binding Memorandum of Understanding with Kanata Clean Power & Climate Technologies for the proposed Kanata LNG floating export project near Prince Rupert in Canada.
Narrative Update • Aug 04
A042660: Canadian Resource And LNG Partnerships Will Support Earnings Through 2028
Analysts have reduced their fair value price target for Hanwha Ocean from ₩152,000 to about ₩135,571, reflecting updated views on discount rates, revenue, profit margins and future P/E assumptions. What’s in the News for Hanwha Ocean Hanwha Ocean signed a non binding Memorandum of Understanding with Kanata Clean Power & Climate Technologies for the proposed Kanata LNG floating export project near Prince Rupert, British Columbia.Recent updates
Narrative Update • Aug 19
A042660: Canadian Energy MOUs Will Coincide With Lower Future P/E Potential
Analysts have revised their fair value estimate for Hanwha Ocean to about ₩79,247 from roughly ₩116,393, reflecting updated assumptions around revenue growth, profit margins, and a lower expected future P/E multiple. What's in the News for Hanwha Ocean Hanwha Ocean signed a non binding Memorandum of Understanding with Kanata Clean Power & Climate Technologies for the proposed Kanata LNG floating export project near Prince Rupert in Canada.Narrative Update • Aug 04
A042660: Canadian Resource And LNG Partnerships Will Support Earnings Through 2028
Analysts have reduced their fair value price target for Hanwha Ocean from ₩152,000 to about ₩135,571, reflecting updated views on discount rates, revenue, profit margins and future P/E assumptions. What’s in the News for Hanwha Ocean Hanwha Ocean signed a non binding Memorandum of Understanding with Kanata Clean Power & Climate Technologies for the proposed Kanata LNG floating export project near Prince Rupert, British Columbia.Narrative Update • Jul 21
A042660: Canadian Resource Partnerships Will Support Earnings Through 2028
Analysts have reduced their price target for Hanwha Ocean from ₩164,750 to ₩152,000, citing updated assumptions that include a slightly higher discount rate, moderately adjusted revenue growth expectations, a marginal change in profit margin forecasts, and a lower future P/E multiple. What’s in the News for Hanwha Ocean Hanwha Ocean signed a non binding Memorandum of Understanding with Kanata Clean Power & Climate Technologies to explore cooperation on the proposed Kanata LNG floating export project in Prince Rupert, Canada.Narrative Update • Jul 07
A042660: Canadian Energy Partnerships Will Support Higher P/E And Future Upside
Analysts have adjusted their fair value estimate for Hanwha Ocean from ₩119,741.67 to ₩116,393.30, reflecting updated views on its growth outlook, profitability, discount rate, and future P/E assumptions. What’s in the News for Hanwha Ocean Hanwha Ocean signed a non binding Memorandum of Understanding with Kanata Clean Power & Climate Technologies Corp.Narrative Update • Jun 15
A042660: Canadian Defence And Resource Partnerships Will Support Earnings Through 2028
Analysts have maintained their ₩164,750 price target for Hanwha Ocean, citing slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E as the key drivers behind the unchanged view. What's in the News DHT Holdings agreed with Hanwha Ocean on the construction of a new Very Large Crude Carrier, scheduled for delivery in August 2028.
Narrative Update • Jun 01
A042660: Canada Defense Partnerships And Buybacks Will Drive Long-Term Upside
Analysts kept their ₩180,000 price target for Hanwha Ocean steady as they updated key assumptions, including a higher discount rate, a slightly lower revenue growth outlook, stronger profit margin expectations, and a lower future P/E. Together, these changes reflect a refreshed view of the company’s risk, earnings power, and valuation multiples without changing the headline target.Analysis Article • May 24
Hanwha Ocean's (KRX:042660) Earnings Are Weaker Than They Seem
Hanwha Ocean Co., Ltd.'s ( KRX:042660 ) robust earnings report didn't manage to move the market for its stock. Our...Narrative Update • May 14
A042660: Defence Partnerships And Share Buyback Will Support Earnings Through 2028
Analysts have increased the price target for Hanwha Ocean to about ₩164,750 from around ₩159,238, reflecting updated assumptions for revenue growth, profit margins, a slightly lower future P/E multiple, and a modestly higher discount rate. What's in the News Hanwha Ocean and AtkinsRéalis signed a Memorandum of Understanding to work together on projects tied to Canada’s submarine capabilities and defence industrial base, covering infrastructure design across the full submarine lifecycle and potential manufacturing capacity in Canada (Strategic Alliances).Narrative Update • Apr 29
A042660: Elevated P/E And Submarine Reliance Will Continue To Pressure Shares
Analysts have slightly reduced their fair value estimate for Hanwha Ocean to ₩119,741.67 from ₩119,933.77, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Hanwha Ocean and AtkinsRéalis signed a Memorandum of Understanding to work together on projects tied to Canada’s submarine capabilities and defence industrial base, aligned with Canada’s Defence Industrial Strategy (Key Developments).Narrative Update • Apr 15
A042660: Defense Contracts And Ongoing Buybacks Will Support Future Upside Potential
Analysts kept the Hanwha Ocean fair value estimate steady at ₩180,000, pointing to relatively unchanged long term assumptions for growth, profitability, and P/E multiples despite a slightly higher discount rate. What's in the News Board of Directors authorized a share buyback plan on March 4, 2026, setting the framework for repurchases under a new program aimed at employee stock compensation.Narrative Update • Mar 31
A042660: Future Naval Deals And Buybacks Will Drive Upside Potential
Analysts are keeping their ₩180,000 price target for Hanwha Ocean unchanged, citing slightly adjusted assumptions around discount rate, revenue growth, profit margin, and future P/E that broadly offset one another in their valuation work. What's in the News The Board of Directors authorized a share buyback plan on March 4, 2026, signaling planned repurchases of Hanwha Ocean stock under a formal program (Key Developments).Narrative Update • Mar 17
A042660: Elevated P/E And Submarine Project Dependence Will Pressure Shares
Analysts now place Hanwha Ocean's fair value estimate at approximately ₩119,934, up from about ₩113,591. This reflects updated assumptions for a slightly higher future P/E multiple and modest adjustments to the discount rate, revenue growth, and profit margin expectations.Narrative Update • Mar 03
A042660: Higher Multiple And Submarine Hopes Will Leave Shares Vulnerable
Analysts have lifted their price target on Hanwha Ocean from about ₩81,000 to roughly ₩113,600, citing updated assumptions that reflect slightly different discount rates, revenue growth, profit margin expectations, and a higher future P/E multiple. What's in the News Algoma Steel Inc.Narrative Update • Feb 17
A042660: Submarine Program Partnership Will Support Earnings Through 2028
Analysts have adjusted their price target for Hanwha Ocean from ₩141,450 to ₩159,238 as they factor in updated assumptions for revenue growth, profit margins, discount rate and future P/E, reflecting a recalibration of their overall outlook on the stock. What's in the News Hanwha Ocean entered into a binding memorandum of understanding with Algoma Steel Inc.Narrative Update • Feb 03
A042660: Future Naval Contracts Will Drive Upside For This Shipbuilder
Analysts have raised their fair value estimate for Hanwha Ocean from ₩143,000 to ₩180,000, citing updated assumptions related to revenue growth, profit margins and a higher future P/E multiple. What's in the News Algoma Steel Inc.Narrative Update • Jan 20
A042660: Risky Tanker Order Pipeline Will Pressure Margins Despite Higher Revenue Expectations
Analysts have slightly reduced their price target for Hanwha Ocean to ₩81,030 from about ₩81,900, citing updated assumptions that combine a higher outlook for revenue with a lower profit margin and a modestly higher future P/E multiple. What's in the News DHT Holdings Inc.Analysis Article • Jan 12
Hanwha Ocean Co., Ltd.'s (KRX:042660) 28% Price Boost Is Out Of Tune With Earnings
Despite an already strong run, Hanwha Ocean Co., Ltd. ( KRX:042660 ) shares have been powering on, with a gain of 28...Narrative Update • Jan 05
A042660: Future Earnings Quality Will Depend On Risky Tanker Order Pipeline
Analysts have raised their fair value estimate for Hanwha Ocean from ₩67,799.69 to ₩81,896.75, citing updated assumptions for revenue, profit margins, and a lower future P/E multiple despite a slightly higher discount rate. What's in the News DHT Holdings took delivery of a VLCC newbuilding from Hanwha Ocean, named DHT Antelope, which is entering the spot market as the first of four VLCCs scheduled for delivery in the first half of 2026.Narrative Update • Dec 21
A042660 Orders For Large Crude Carriers Will Support Earnings Through 2028
Analysts have nudged their price target for Hanwha Ocean slightly higher to KRW 141,450, reflecting marginally lower discount rate assumptions and steady expectations for long term revenue growth, profit margins, and valuation multiples. What's in the News Scorpio Tankers signed letters of intent to build two Very Large Crude Carriers at Hanwha Ocean in South Korea, with each vessel priced at $128 million and deliveries scheduled for the third and fourth quarters of 2028 (company announcement).Analysis Article • Dec 20
What Does Hanwha Ocean Co., Ltd.'s (KRX:042660) Share Price Indicate?
Let's talk about the popular Hanwha Ocean Co., Ltd. ( KRX:042660 ). The company's shares received a lot of attention...Analysis Article • Dec 06
Is Hanwha Ocean (KRX:042660) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Dec 06
A042660 Orders For Large Crude Carriers Will Support Earnings Through 2028
Narrative Update on Hanwha Ocean Analysts have nudged their fair value estimate for Hanwha Ocean higher, from ₩139,950 to approximately ₩141,450, citing slightly stronger long term revenue growth expectations that more than offset a modestly higher discount rate and a marginally lower projected profit margin. What's in the News Scorpio Tankers Inc.Analysis Article • Nov 22
Hanwha Ocean's (KRX:042660) Solid Profits Have Weak Fundamentals
Hanwha Ocean Co., Ltd. ( KRX:042660 ) just reported some strong earnings, and the market reacted accordingly with a...Narrative Update • Nov 22
A042660: New Large Vessel Orders Will Sustain Margins And Earnings Through 2028
Narrative Update on Hanwha Ocean Analysts have maintained their fair value price target for Hanwha Ocean at ₩139,950. They cite minor adjustments in financial assumptions that offset each other, resulting in an unchanged overall outlook.Narrative Update • Nov 07
A042660: Revenue Expansion And Margins Will Support Fair Valuation Outlook
Analysts have raised their price target for Hanwha Ocean from ₩122,526 to ₩139,950, reflecting improved expectations for revenue growth and profit margins. Valuation Changes The Fair Value Estimate has increased from ₩122,526 to ₩139,950, reflecting a substantial upward revision.Analysis Article • Oct 28
Hanwha Ocean Co., Ltd. (KRX:042660) Looks Just Right With A 31% Price Jump
Hanwha Ocean Co., Ltd. ( KRX:042660 ) shares have continued their recent momentum with a 31% gain in the last month...Narrative Update • Oct 24
New US LNG Exports And Eco-Friendly Vessels Will Unlock Opportunities
Analysts have raised their price target for Hanwha Ocean from 115,185 KRW to 122,526 KRW. This reflects stronger valuation forecasts amid recent metric updates.Narrative Update • Oct 10
New US LNG Exports And Eco-Friendly Vessels Will Unlock Opportunities
Analysts have raised their fair value estimate for Hanwha Ocean from ₩112,885 to ₩115,185. This change is based on expectations for slightly improved revenue growth and profit margins in the updated financial outlook.Analysis Article • Sep 24
Hanwha Ocean (KRX:042660) Is Experiencing Growth In Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Analysis Article • Aug 25
Does Hanwha Ocean (KRX:042660) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Aug 07
New US LNG Exports And Eco-Friendly Vessels Will Unlock Opportunities
With no significant changes in Hanwha Ocean’s key valuation metrics—including an unchanged consensus price target at ₩106,535 and only marginal adjustments to the discount rate and future P/E—analyst fair value estimates remain stable. Valuation Changes Summary of Valuation Changes for Hanwha Ocean The Consensus Analyst Price Target remained effectively unchanged, at ₩106535.
New Narrative • Nov 25
Elevating Profits With Critical Expansion Into Defense And LNG Markets
High-priced LNG carriers in the revenue mix are projected to boost profitability and improve financial health by reducing net debt.Shareholder Returns
| A042660 | KR Machinery | KR Market | |
|---|---|---|---|
| 7D | -12.1% | -10.9% | -1.4% |
| 1Y | -26.1% | -9.5% | 106.4% |
Return vs Industry: A042660 underperformed the KR Machinery industry which returned -9.5% over the past year.
Return vs Market: A042660 underperformed the KR Market which returned 106.4% over the past year.
Price Volatility
| A042660 volatility | |
|---|---|
| A042660 Average Weekly Movement | 13.7% |
| Machinery Industry Average Movement | 11.4% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in KR Market | 17.6% |
| 10% least volatile stocks in KR Market | 5.0% |
Stable Share Price: A042660's share price has been volatile over the past 3 months compared to the KR market.
Volatility Over Time: A042660's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of KR stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1952 | 9,710 | Charles Kim | www.hanwhaocean.com |
Hanwha Ocean Co., Ltd. operates as a shipbuilding and offshore contractor in South Korea and internationally. The company offers commercial vessels, including tankers, container carriers, bulk carriers, ore carriers, liquefied natural gas (LNG) and liquefied petroleum gas carriers, LNG floating storage regasification units, chemical carriers, and other vessels; and FLNG, fixed platforms, and drilling rigs; and FPSO/FPU/FSOs for offshore oil and gas exploration and production, as well as provision of engineering and construction, including commercial and residential building, infrastructure, environmental facilities, and power plants. It is also provides electronic detonators, blasting systems, industrial explosives products, mining services, petrochemicals, and inorganic compounds; display manufacturing and logistics equipment, autonomous guided vehicles; space launch vehicle engines, satellite services, gas turbine engines and components, and aircraft components; artillery systems, armored vehicles, air defense systems, unmanned ground systems, precision-guided munitions, and navigation systems; lithium-ion battery systems for submarines and ships; and ship engines and generators.
Hanwha Ocean Co., Ltd. Fundamentals Summary
| A042660 fundamental statistics | |
|---|---|
| Market cap | ₩25.80t |
| Earnings (TTM) | ₩2.06t |
| Revenue (TTM) | ₩15.00t |
12.5x
P/E Ratio1.7x
P/S RatioIs A042660 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| A042660 income statement (TTM) | |
|---|---|
| Revenue | ₩15.00t |
| Cost of Revenue | ₩12.53t |
| Gross Profit | ₩2.47t |
| Other Expenses | ₩410.00b |
| Earnings | ₩2.06t |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.71k |
| Gross Margin | 16.44% |
| Net Profit Margin | 13.71% |
| Debt/Equity Ratio | 80.2% |
How did A042660 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/23 21:56 |
| End of Day Share Price | 2026/08/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hanwha Ocean Co., Ltd. is covered by 37 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Euisup Lee | BofA Global Research |
| Hyun Park | CGS International |
| Dong Cheol Shin | CLSA |