South Korean (KOSPI) Tires and Rubber Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies11
- 7D0.2%
- 3M7.2%
- 1Y13.1%
- YTD31.3%
Over the last 7 days, the Tires and Rubber industry has remained flat, although notably Nexen Tire declined by 5.1%. As for the the longer term, the industry is up 10% over the past 12 months. As for the next few years, earnings are expected to grow by 28% per annum.
Industry Valuation and Performance
Has the South Korean Tires and Rubber Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | ₩7.9t | ₩22.9t | ₩623.1b | 9.9x | 12.7x | 0.3x |
| Thu, 24 Aug 2023 | ₩7.8t | ₩22.6t | ₩805.9b | 7x | 9.7x | 0.3x |
| Sat, 22 Jul 2023 | ₩7.6t | ₩22.4t | ₩706.9b | 7.1x | 10.7x | 0.3x |
| Mon, 19 Jun 2023 | ₩7.3t | ₩22.4t | ₩706.9b | 7.6x | 10.4x | 0.3x |
| Wed, 17 May 2023 | ₩7.4t | ₩21.6t | ₩640.4b | 12.6x | 11.5x | 0.3x |
| Fri, 14 Apr 2023 | ₩7.3t | ₩21.6t | ₩645.1b | 10.8x | 11.3x | 0.3x |
| Sun, 12 Mar 2023 | ₩7.0t | ₩20.5t | ₩658.8b | 9.8x | 10.7x | 0.3x |
| Tue, 07 Feb 2023 | ₩6.9t | ₩20.5t | ₩658.8b | 9.8x | 10.5x | 0.3x |
| Thu, 05 Jan 2023 | ₩6.0t | ₩20.5t | ₩658.8b | 7.8x | 9.1x | 0.3x |
| Sat, 03 Dec 2022 | ₩6.7t | ₩20.5t | ₩660.2b | 10.4x | 10.1x | 0.3x |
| Mon, 31 Oct 2022 | ₩6.9t | ₩19.0t | ₩532.9b | 11.6x | 12.9x | 0.4x |
| Wed, 28 Sep 2022 | ₩7.0t | ₩19.0t | ₩532.5b | 16.6x | 13.1x | 0.4x |
| Fri, 26 Aug 2022 | ₩7.0t | ₩18.3t | ₩382.5b | 19.2x | 18.3x | 0.4x |
| Sun, 24 Jul 2022 | ₩6.4t | ₩18.0t | ₩376.1b | 13.7x | 17x | 0.4x |
| Tue, 21 Jun 2022 | ₩6.3t | ₩18.0t | ₩376.1b | 12.8x | 16.7x | 0.3x |
| Thu, 19 May 2022 | ₩7.2t | ₩17.6t | ₩531.5b | 11.7x | 13.6x | 0.4x |
| Sat, 16 Apr 2022 | ₩7.0t | ₩17.6t | ₩533.6b | 12.3x | 13.1x | 0.4x |
| Mon, 14 Mar 2022 | ₩6.7t | ₩17.1t | ₩645.8b | 10x | 10.4x | 0.4x |
| Wed, 09 Feb 2022 | ₩6.9t | ₩17.1t | ₩645.8b | 9.1x | 10.7x | 0.4x |
| Fri, 07 Jan 2022 | ₩7.9t | ₩17.1t | ₩645.8b | n/a | 12.2x | 0.5x |
| Sun, 05 Dec 2021 | ₩7.8t | ₩17.1t | ₩648.1b | 10.2x | 12x | 0.5x |
| Tue, 02 Nov 2021 | ₩8.5t | ₩17.0t | ₩685.8b | 14.4x | 12.4x | 0.5x |
| Thu, 30 Sep 2021 | ₩8.8t | ₩17.0t | ₩685.8b | 15.2x | 12.8x | 0.5x |
| Sat, 28 Aug 2021 | ₩9.3t | ₩17.1t | ₩682.2b | 15.5x | 13.6x | 0.5x |
| Sun, 04 Jul 2021 | ₩11.0t | ₩17.1t | ₩682.2b | 15x | 16.1x | 0.6x |
| Wed, 07 Apr 2021 | ₩8.9t | ₩15.8t | ₩437.6b | 15.8x | 20.3x | 0.6x |
| Sat, 09 Jan 2021 | ₩7.6t | ₩15.3t | ₩255.8b | 21.9x | 29.6x | 0.5x |
| Fri, 02 Oct 2020 | ₩6.4t | ₩15.2t | ₩171.8b | 18.2x | 37.5x | 0.4x |
Price to Earnings Ratio
37.5x
Current Industry PE
- Investors are pessimistic on the South Korean Tires and Rubber industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.7x which is lower than its 3-year average PE of 17.0x.
- The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have grown 54% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does South Korean Tires and Rubber compare with similar industries?
| KR Market | -3.54% | |
| Consumer Discretionary | -0.27% | |
| Auto Components | 0.45% | |
| Tires and Rubber | 0.16% | |
| Auto Parts and Equipment | 0.50% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A161390 Hankook Tire & Technology | ₩40.20k | 1.5% +₩73.2b | 11.5% | PE9.9x | |
| A073240 Kumho Tire | ₩4.63k | 0.4% +₩5.7b | 38.0% | PS0.3x | |
| A005720 Nexen | ₩4.23k | 1.1% +₩2.4b | 9.0% | PE11.6x |