Hwaseung CorporationLtd's (KRX:013520) Solid Profits Have Weak Fundamentals
Mar 30
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South Korean (KOSPI) Tires and Rubber Industry Analysis
UpdatedApr 10, 2026
DataAggregated Company Financials
Companies10
- 7D12.8%
- 3M8.8%
- 1Y54.7%
- YTDn/a
Over the last 7 days, the Tires and Rubber industry has risen 13%, driven by gains from Hankook Tire & Technology of 17%. Meanwhile, Ameridge actually underperformed within the industry, shrinking 15% in the last week. In the last 12 months, the industry was up 55%. Looking forward, earnings are forecast to grow by 9.8% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 10 Apr 2026 | ₩11.1t | ₩36.8t | ₩1.8t | 5.1x | 6.3x | 0.3x |
| Sun, 08 Mar 2026 | ₩10.6t | ₩33.8t | ₩1.5t | 5x | 6.9x | 0.3x |
| Tue, 03 Feb 2026 | ₩10.8t | ₩33.8t | ₩1.5t | 5.2x | 7x | 0.3x |
| Thu, 01 Jan 2026 | ₩10.3t | ₩33.8t | ₩1.5t | 5x | 6.7x | 0.3x |
| Sat, 29 Nov 2025 | ₩10.7t | ₩33.8t | ₩1.5t | 5x | 7x | 0.3x |
| Mon, 27 Oct 2025 | ₩8.1t | ₩30.6t | ₩1.4t | 5.6x | 5.8x | 0.3x |
| Wed, 24 Sep 2025 | ₩7.5t | ₩30.6t | ₩1.4t | 5.3x | 5.3x | 0.2x |
| Fri, 22 Aug 2025 | ₩7.7t | ₩30.5t | ₩1.4t | 5.4x | 5.5x | 0.3x |
| Sun, 20 Jul 2025 | ₩8.5t | ₩27.3t | ₩1.7t | 5.2x | 5.2x | 0.3x |
| Tue, 17 Jun 2025 | ₩7.5t | ₩27.3t | ₩1.7t | 4.5x | 4.5x | 0.3x |
| Thu, 15 May 2025 | ₩7.8t | ₩24.0t | ₩1.7t | 4.8x | 4.6x | 0.3x |
| Sat, 12 Apr 2025 | ₩7.1t | ₩24.0t | ₩1.7t | 4.1x | 4.2x | 0.3x |
| Mon, 10 Mar 2025 | ₩7.4t | ₩23.4t | ₩1.7t | 4.3x | 4.3x | 0.3x |
| Wed, 05 Feb 2025 | ₩7.5t | ₩23.4t | ₩1.7t | 4.3x | 4.4x | 0.3x |
| Fri, 03 Jan 2025 | ₩7.2t | ₩23.4t | ₩1.7t | 4.1x | 4.2x | 0.3x |
| Sun, 01 Dec 2024 | ₩7.3t | ₩23.5t | ₩1.7t | 4.1x | 4.2x | 0.3x |
| Tue, 29 Oct 2024 | ₩7.1t | ₩23.2t | ₩1.7t | 4.8x | 4.2x | 0.3x |
| Thu, 26 Sep 2024 | ₩8.0t | ₩23.4t | ₩1.7t | 5.2x | 4.7x | 0.3x |
| Sat, 24 Aug 2024 | ₩8.5t | ₩23.2t | ₩1.5t | 6.3x | 5.6x | 0.4x |
| Mon, 22 Jul 2024 | ₩8.5t | ₩23.0t | ₩1.4t | 7x | 5.9x | 0.4x |
| Wed, 19 Jun 2024 | ₩9.5t | ₩23.0t | ₩1.4t | 8.1x | 6.6x | 0.4x |
| Fri, 17 May 2024 | ₩9.5t | ₩22.8t | ₩1.0t | 10x | 9.1x | 0.4x |
| Sun, 14 Apr 2024 | ₩11.2t | ₩22.8t | ₩1.1t | 10.2x | 10.5x | 0.5x |
| Tue, 12 Mar 2024 | ₩10.0t | ₩22.9t | ₩808.1b | 10.8x | 12.4x | 0.4x |
| Thu, 08 Feb 2024 | ₩10.0t | ₩22.9t | ₩808.1b | 10.4x | 12.4x | 0.4x |
| Sat, 06 Jan 2024 | ₩8.5t | ₩22.9t | ₩808.1b | 9.5x | 10.6x | 0.4x |
| Mon, 04 Dec 2023 | ₩8.7t | ₩22.9t | ₩810.6b | 9.8x | 10.8x | 0.4x |
| Wed, 01 Nov 2023 | ₩7.4t | ₩22.9t | ₩623.1b | 9.4x | 11.9x | 0.3x |
| Fri, 29 Sep 2023 | ₩7.8t | ₩22.9t | ₩623.1b | 9.8x | 12.5x | 0.3x |
| Sun, 27 Aug 2023 | ₩7.7t | ₩22.9t | ₩640.3b | 8.6x | 12x | 0.3x |
| Tue, 25 Jul 2023 | ₩7.5t | ₩22.4t | ₩706.9b | 7x | 10.5x | 0.3x |
| Thu, 22 Jun 2023 | ₩7.3t | ₩22.4t | ₩706.9b | 7.5x | 10.3x | 0.3x |
| Sat, 20 May 2023 | ₩7.7t | ₩21.8t | ₩661.2b | 12.9x | 11.7x | 0.4x |
| Mon, 17 Apr 2023 | ₩7.4t | ₩21.6t | ₩645.1b | 10.7x | 11.5x | 0.3x |
Price to Earnings Ratio
11.5x
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 6.3x which is lower than its 3-year average PE of 7.6x.
- The industry is trading close to its 3-year average PS ratio of 0.34x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 19% 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 | 9.46% | |
| Consumer Discretionary | 3.57% | |
| Auto Components | 4.02% | |
| Tires and Rubber | 12.85% | |
| Auto Parts and Equipment | 2.72% | |
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 | ₩64.30k | 23.7% +₩1.5t | 69.7% | PE7.2x | |
| A073240 Kumho Tire | ₩6.22k | 5.2% +₩89.1b | 45.8% | PE5.1x | |
| A002350 Nexen Tire | ₩7.49k | 5.8% +₩42.1b | 46.9% | PE5.1x | |
| A005720 Nexen | ₩6.68k | 4.2% +₩14.0b | 46.3% | PE3.8x | |
| A013520 Hwaseung CorporationLtd | ₩2.92k | 6.6% +₩8.4b | 73.4% | PE5x |
