A002355 Stock Overview

Manufactures and sells tires in South Korea and internationally. More details

A002355 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 75.3% below our estimate of its fair value

Earnings are forecast to grow 36.36% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 2.08% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Nexen Tire Corporation Competitors

Nexen

KOSE:A005720

₩220.0b

Kumho Tire

KOSE:A073240

₩1.4t

DRB Industrial

KOSE:A163560

₩105.6b

Dong-A Hwa SungLtd

KOSDAQ:A041930

₩83.6b

Price History & Performance

Summary of share price highs, lows and changes for Nexen Tire
Historical stock prices
Current Share Price	₩2,815.00
52 Week High	₩3,620.00
52 Week Low	₩2,795.00
Beta	0.72
1 Month Change	-0.35%
3 Month Change	-8.60%
1 Year Change	-9.78%
3 Year Change	-12.85%
5 Year Change	-14.83%
Change since IPO	554.65%

Recent updates

Shareholder Returns

	A002355	KR Auto Components	KR Market
7D	0.5%	2.3%	0.8%
1Y	-9.8%	-4.5%	-2.2%

Return vs Industry: A002355 underperformed the KR Auto Components industry which returned -4.5% over the past year.

Return vs Market: A002355 underperformed the KR Market which returned -2.2% over the past year.

Price Volatility

Is A002355's price volatile compared to industry and market?
A002355 volatility
A002355 Average Weekly Movement	3.6%
Auto Components Industry Average Movement	5.9%
Market Average Movement	6.7%
10% most volatile stocks in KR Market	12.8%
10% least volatile stocks in KR Market	3.4%

Stable Share Price: A002355 has not had significant price volatility in the past 3 months compared to the KR market.

Volatility Over Time: A002355's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1942	4,173	Travis Kang	www.nexentire.com

Nexen Tire Corporation manufactures and sells tires in South Korea and internationally. The company offers passenger car, SUV, electric vehicle, van and light truck, winter, racing, global OE, and solid tires, as well as tubes and flaps. It also provides tire finder and warranty services.

Nexen Tire Corporation Fundamentals Summary

How do Nexen Tire's earnings and revenue compare to its market cap?
A002355 fundamental statistics
Market cap	₩552.87b
Earnings (TTM)	₩82.50b
Revenue (TTM)	₩2.83t

6.9x

P/E Ratio

0.2x

P/S Ratio

Is A002355 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A002355 income statement (TTM)
Revenue	₩2.83t
Cost of Revenue	₩2.00t
Gross Profit	₩830.27b
Other Expenses	₩747.77b
Earnings	₩82.50b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	803.64
Gross Margin	29.35%
Net Profit Margin	2.92%
Debt/Equity Ratio	101.4%

How did A002355 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

14%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/31 07:53
End of Day Share Price	2025/01/31 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 ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 39 analysts. 11 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