Nexen Tire Future Growth
Future criteria checks 3/6
Nexen Tire is forecast to grow earnings and revenue by 35.2% and 7.1% per annum respectively. EPS is expected to grow by 34.4% per annum. Return on equity is forecast to be 9.5% in 3 years.
Key information
35.2%
Earnings growth rate
34.4%
EPS growth rate
Auto Components earnings growth | 17.1% |
Revenue growth rate | 7.1% |
Future return on equity | 9.5% |
Analyst coverage | Good |
Last updated | 02 Dec 2024 |
Recent future growth updates
Recent updates
Nexen Tire Corporation's (KRX:002350) Earnings Haven't Escaped The Attention Of Investors
May 06Is Nexen Tire Corporation (KRX:002350) Trading At A 37% Discount?
Apr 11Nexen Tire (KRX:002350) Use Of Debt Could Be Considered Risky
Feb 26Nexen Tire's (KRX:002350) Returns On Capital Not Reflecting Well On The Business
May 03Nexen Tire (KRX:002350) Has No Shortage Of Debt
Apr 12Would Nexen Tire Corporation (KRX:002350) Be Valuable To Income Investors?
Mar 22Nexen Tire Corporation (KRX:002350) Shares Could Be 24% Below Their Intrinsic Value Estimate
Mar 07Do Institutions Own Nexen Tire Corporation (KRX:002350) Shares?
Feb 20If You Had Bought Nexen Tire's (KRX:002350) Shares Five Years Ago You Would Be Down 44%
Feb 05The Trends At Nexen Tire (KRX:002350) That You Should Know About
Jan 21Is Nexen Tire (KRX:002350) Using Too Much Debt?
Jan 07Should You Investigate Nexen Tire Corporation (KRX:002350) At ₩6,420?
Dec 20Is There An Opportunity With Nexen Tire Corporation's (KRX:002350) 31% Undervaluation?
Dec 05Could The Nexen Tire Corporation (KRX:002350) Ownership Structure Tell Us Something Useful?
Nov 20Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 3,314,539 | 204,604 | 181,634 | 456,600 | 9 |
12/31/2025 | 3,155,185 | 170,799 | 136,723 | 380,810 | 10 |
12/31/2024 | 2,914,014 | 129,994 | 785 | 244,263 | 5 |
9/30/2024 | 2,828,480 | 82,504 | -34,425 | 219,715 | N/A |
6/30/2024 | 2,812,547 | 141,793 | 64,019 | 333,383 | N/A |
3/31/2024 | 2,740,250 | 125,658 | 34,710 | 329,653 | N/A |
12/31/2023 | 2,701,720 | 96,253 | -81,582 | 241,860 | N/A |
9/30/2023 | 2,725,455 | 83,014 | -263,331 | 35,231 | N/A |
6/30/2023 | 2,742,094 | 46,244 | -335,343 | -32,976 | N/A |
3/31/2023 | 2,703,990 | 9,403 | -282,455 | 11,666 | N/A |
12/31/2022 | 2,597,424 | -27,769 | -371,609 | -99,407 | N/A |
9/30/2022 | 2,440,755 | -46,328 | -209,921 | 33,744 | N/A |
6/30/2022 | 2,266,408 | -58,345 | -165,940 | 31,679 | N/A |
3/31/2022 | 2,118,572 | -40,056 | -76,659 | 83,990 | N/A |
12/31/2021 | 2,079,407 | 4,818 | 149,156 | 265,158 | N/A |
9/30/2021 | 1,991,249 | 26,888 | 66,807 | 152,881 | N/A |
6/30/2021 | 1,923,661 | 11,100 | 111,131 | 201,069 | N/A |
3/31/2021 | 1,732,815 | -12,296 | 56,041 | 176,068 | N/A |
12/31/2020 | 1,698,128 | -16,804 | 61,939 | 179,088 | N/A |
9/30/2020 | 1,698,252 | 15,616 | 157,537 | 307,553 | N/A |
6/30/2020 | 1,766,105 | 53,747 | 93,605 | 275,667 | N/A |
3/31/2020 | 1,992,042 | 106,804 | 131,897 | 351,546 | N/A |
12/31/2019 | 2,022,338 | 118,230 | 61,429 | 291,462 | N/A |
9/30/2019 | 2,053,059 | 113,680 | -102,133 | 180,712 | N/A |
6/30/2019 | 2,036,919 | 116,156 | -170,010 | 184,372 | N/A |
3/31/2019 | 1,999,577 | 97,656 | -366,780 | 100,147 | N/A |
12/31/2018 | 1,983,976 | 96,972 | -327,594 | 156,984 | N/A |
9/30/2018 | 1,938,388 | 99,579 | -185,624 | 295,797 | N/A |
6/30/2018 | 1,946,269 | 112,439 | N/A | 280,289 | N/A |
3/31/2018 | 1,957,129 | 121,049 | N/A | 238,658 | N/A |
12/31/2017 | 1,964,793 | 124,964 | N/A | 255,099 | N/A |
9/30/2017 | 1,995,853 | 142,745 | N/A | 213,960 | N/A |
6/30/2017 | 1,939,165 | 147,583 | N/A | 194,332 | N/A |
3/31/2017 | 1,918,211 | 161,536 | N/A | 344,042 | N/A |
12/31/2016 | 1,894,703 | 173,779 | N/A | 383,186 | N/A |
9/30/2016 | 1,877,483 | 172,005 | N/A | 366,946 | N/A |
6/30/2016 | 1,877,609 | 145,822 | N/A | 417,490 | N/A |
3/31/2016 | 1,851,575 | 144,751 | N/A | 369,531 | N/A |
12/31/2015 | 1,837,467 | 125,216 | N/A | 320,821 | N/A |
9/30/2015 | 1,818,308 | 124,253 | N/A | 311,635 | N/A |
6/30/2015 | 1,783,863 | 131,766 | N/A | 258,844 | N/A |
3/31/2015 | 1,749,803 | 125,095 | N/A | 298,912 | N/A |
12/31/2014 | 1,758,782 | 128,492 | N/A | 303,508 | N/A |
9/30/2014 | 1,727,547 | 118,426 | N/A | 332,273 | N/A |
6/30/2014 | 1,730,155 | 126,488 | N/A | 327,670 | N/A |
3/31/2014 | 1,748,222 | 115,884 | N/A | 212,979 | N/A |
12/31/2013 | 1,728,240 | 122,634 | N/A | 209,011 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A002350's forecast earnings growth (35.2% per year) is above the savings rate (2.7%).
Earnings vs Market: A002350's earnings (35.2% per year) are forecast to grow faster than the KR market (29.4% per year).
High Growth Earnings: A002350's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: A002350's revenue (7.1% per year) is forecast to grow slower than the KR market (8.8% per year).
High Growth Revenue: A002350's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A002350's Return on Equity is forecast to be low in 3 years time (9.5%).
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/24 12:24 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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.
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Industry and Sector Metrics
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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.
Analyst | Institution |
---|---|
Paul Hwang | Barclays |
Hyun Soo Lee | Cape Investment & Securities Co., Ltd. |
Sanghoon Kim | Citigroup Inc |