Hyundai Motor First Quarter 2024 Earnings: EPS: ₩14,312 (vs ₩12,663 in 1Q 2023)

Hyundai Motor (KRX:005380) First Quarter 2024 Results

Key Financial Results

• Revenue: ₩41t (up 7.6% from 1Q 2023).
• Net income: ₩3.23t (up 14% from 1Q 2023).
• Profit margin: 7.9% (up from 7.5% in 1Q 2023). The increase in margin was driven by higher revenue.
• EPS: ₩14,312 (up from ₩12,663 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hyundai Motor Earnings Insights

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Auto industry in Asia.

Performance of the market in South Korea.

The company's shares are up 6.2% from a week ago.

Valuation

Following the latest earnings results, Hyundai Motor may be undervalued based on 6 different valuation benchmarks we assess. To explore our complete evaluation click here and get an understanding of what analysts are thinking about the company's future.

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