Nexen Tire Corporation

KOSE:A002350 Stock Report

Market Cap: ₩634.8b

Nexen Tire Dividends and Buybacks

Dividend criteria checks 2/6

Nexen Tire is a dividend paying company with a current yield of 1.81% that is well covered by earnings.

Key information

1.8%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield1.9%
Dividend Growth2.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₩115.000
Payout ratio14%

Recent dividend and buyback updates

Recent updates

Nexen Tire Corporation's (KRX:002350) Earnings Haven't Escaped The Attention Of Investors

May 06
Nexen Tire Corporation's (KRX:002350) Earnings Haven't Escaped The Attention Of Investors

Is Nexen Tire Corporation (KRX:002350) Trading At A 37% Discount?

Apr 11
Is Nexen Tire Corporation (KRX:002350) Trading At A 37% Discount?

Nexen Tire (KRX:002350) Use Of Debt Could Be Considered Risky

Feb 26
Nexen Tire (KRX:002350) Use Of Debt Could Be Considered Risky

Nexen Tire's (KRX:002350) Returns On Capital Not Reflecting Well On The Business

May 03
Nexen Tire's (KRX:002350) Returns On Capital Not Reflecting Well On The Business

Nexen Tire (KRX:002350) Has No Shortage Of Debt

Apr 12
Nexen Tire (KRX:002350) Has No Shortage Of Debt

Would Nexen Tire Corporation (KRX:002350) Be Valuable To Income Investors?

Mar 22
Would Nexen Tire Corporation (KRX:002350) Be Valuable To Income Investors?

Nexen Tire Corporation (KRX:002350) Shares Could Be 24% Below Their Intrinsic Value Estimate

Mar 07
Nexen Tire Corporation (KRX:002350) Shares Could Be 24% Below Their Intrinsic Value Estimate

Do Institutions Own Nexen Tire Corporation (KRX:002350) Shares?

Feb 20
Do Institutions Own Nexen Tire Corporation (KRX:002350) Shares?

If You Had Bought Nexen Tire's (KRX:002350) Shares Five Years Ago You Would Be Down 44%

Feb 05
If You Had Bought Nexen Tire's (KRX:002350) Shares Five Years Ago You Would Be Down 44%

The Trends At Nexen Tire (KRX:002350) That You Should Know About

Jan 21
The Trends At Nexen Tire (KRX:002350) That You Should Know About

Is Nexen Tire (KRX:002350) Using Too Much Debt?

Jan 07
Is Nexen Tire (KRX:002350) Using Too Much Debt?

Should You Investigate Nexen Tire Corporation (KRX:002350) At ₩6,420?

Dec 20
Should You Investigate Nexen Tire Corporation (KRX:002350) At ₩6,420?

Is There An Opportunity With Nexen Tire Corporation's (KRX:002350) 31% Undervaluation?

Dec 05
Is There An Opportunity With Nexen Tire Corporation's (KRX:002350) 31% Undervaluation?

Could The Nexen Tire Corporation (KRX:002350) Ownership Structure Tell Us Something Useful?

Nov 20
Could The Nexen Tire Corporation (KRX:002350) Ownership Structure Tell Us Something Useful?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, A002350 has been paying a dividend for less than 10 years.

Growing Dividend: A002350's dividend payments have increased, but the company has only paid a dividend for 5 years.

Dividend Yield vs Market

Nexen Tire Dividend Yield vs Market
How does A002350 dividend yield compare to the market?
SegmentDividend Yield
Company (A002350)1.8%
Market Bottom 25% (KR)1.2%
Market Top 25% (KR)3.9%
Industry Average (Auto Components)2.6%
Analyst forecast (A002350) (up to 3 years)1.9%

Notable Dividend: A002350's dividend (1.81%) is higher than the bottom 25% of dividend payers in the KR market (1.22%).

High Dividend: A002350's dividend (1.81%) is low compared to the top 25% of dividend payers in the KR market (3.93%).

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.3%), A002350's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: A002350 is paying a dividend but the company has no free cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:24
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Nexen Tire Corporation is covered by 40 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul HwangBarclays
Hyun Soo LeeCape Investment & Securities Co., Ltd.
Sanghoon KimCitigroup Inc