Financials Hyundai Corporation

Equities

A011760

KR7011760006

Diversified Industrial Goods Wholesale

End-of-day quote Korea S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
21,300 KRW -1.16% Intraday chart for Hyundai Corporation -6.17% +12.82%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 226,595 191,575 201,784 194,578 226,767 255,834 - -
Enterprise Value (EV) 2 692.7 432.2 201.8 501.5 641.5 593.3 536.3 502.8
P/E ratio 13.9 x 4.01 x 5.34 x 2.47 x 2.71 x 2.78 x 3.07 x 3.24 x
Yield 3.35% 3.76% 3.57% 3.7% 3.18% 2.97% 3.05% 3.13%
Capitalization / Revenue 0.05 x 0.07 x 0.05 x 0.03 x 0.03 x 0.04 x 0.04 x 0.04 x
EV / Revenue 0.16 x 0.15 x 0.05 x 0.08 x 0.1 x 0.09 x 0.08 x 0.08 x
EV / EBITDA 14.3 x 11.1 x 4.9 x 6.82 x 6.01 x 4.99 x 4.7 x 4.68 x
EV / FCF 5.26 x - - 1.32 x -9.06 x 4.55 x 4.77 x 5.56 x
FCF Yield 19% - - 75.8% -11% 22% 21% 18%
Price to Book 0.67 x 0.63 x 0.56 x 0.45 x 0.39 x 0.42 x 0.37 x 0.34 x
Nbr of stocks (in thousands) 12,659 12,011 12,011 12,011 12,011 12,011 - -
Reference price 3 17,900 15,950 16,800 16,200 18,880 21,300 21,300 21,300
Announcement Date 1/31/20 1/29/21 2/3/22 2/2/23 2/1/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,263 2,881 3,782 6,127 6,580 6,726 6,706 6,567
EBITDA 1 48.29 38.82 41.16 73.51 106.7 119 114 107.3
EBIT 1 43.52 33.24 35.07 66.83 99.42 112.2 107.8 102
Operating Margin 1.02% 1.15% 0.93% 1.09% 1.51% 1.67% 1.61% 1.55%
Earnings before Tax (EBT) 1 16.75 53.86 56.24 90.08 109.7 118.1 112.7 106.3
Net income 1 16.36 49.31 37.79 77.19 83.45 97.8 88.33 83.33
Net margin 0.38% 1.71% 1% 1.26% 1.27% 1.45% 1.32% 1.27%
EPS 2 1,292 3,980 3,146 6,554 6,968 7,657 6,941 6,575
Free Cash Flow 3 131,699 - - 379,877 -70,801 130,500 112,500 90,500
FCF margin 3,089.09% - - 6,200.08% -1,075.93% 1,940.3% 1,677.6% 1,378.1%
FCF Conversion (EBITDA) 272,732.14% - - 516,758.83% - 109,663.87% 98,684.21% 84,316.77%
FCF Conversion (Net income) 805,180.98% - - 492,116.05% - 133,435.58% 127,358.5% 108,600%
Dividend per Share 2 600.0 600.0 600.0 600.0 600.0 633.3 650.0 666.7
Announcement Date 1/31/20 1/29/21 2/3/22 2/2/23 2/1/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,176 1,278 1,595 1,706 1,548 1,771 1,547 1,688 1,575 1,613 1,715 1,713 1,685
EBITDA - - - - - - - - - - - - -
EBIT 1 10.56 14.54 20.85 22.93 8.511 25.68 27.02 26.82 19.81 28.05 30.17 27.8 25.87
Operating Margin 0.9% 1.14% 1.31% 1.34% 0.55% 1.45% 1.75% 1.59% 1.26% 1.74% 1.76% 1.62% 1.54%
Earnings before Tax (EBT) 1 16.17 32.9 36.81 50.2 -29.37 35.98 32 29.76 11.67 37.57 31.47 24.77 24.57
Net income 1 10.48 24.34 26.62 49.26 -21.51 27.2 24.47 22.24 9.779 34.74 26.6 20.7 18.05
Net margin 0.89% 1.9% 1.67% 2.89% -1.39% 1.54% 1.58% 1.32% 0.62% 2.15% 1.55% 1.21% 1.07%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/3/22 4/28/22 8/2/22 11/1/22 2/2/23 5/2/23 7/31/23 10/27/23 2/1/24 4/30/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 466 241 - 307 415 338 281 247
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 9.652 x 6.199 x - 4.175 x 3.889 x 2.836 x 2.461 x 2.301 x
Free Cash Flow 2 131,699 - - 379,877 -70,801 130,500 112,500 90,500
ROE (net income / shareholders' equity) 8.59% 15% 11.2% 19.2% 16.4% 15.7% 12.5% 10.5%
ROA (Net income/ Total Assets) 2.43% 3.7% 2.58% 4.45% 4.3% 4.93% 4.77% 4.47%
Assets 1 673.4 1,333 1,463 1,735 1,940 1,982 1,853 1,866
Book Value Per Share 3 26,881 25,273 30,061 36,053 48,070 50,310 56,811 62,972
Cash Flow per Share 3 11,104 11,368 -28,706 32,177 -5,823 8,357 6,631 6,151
Capex 1 8.88 2.3 6.36 6.58 0.86 5 5 4.5
Capex / Sales 0.21% 0.08% 0.17% 0.11% 0.01% 0.07% 0.07% 0.07%
Announcement Date 1/31/20 1/29/21 2/3/22 2/2/23 2/1/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
21,300 KRW
Average target price
29,667 KRW
Spread / Average Target
+39.28%
Consensus

Quarterly revenue - Rate of surprise

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