Risk factor
Limited trading liquidity
Profitability factor
Strong growth
About
Established in Seoul, South Korea, in 1941, Hankook & Company Co., Ltd. and its various subsidiaries are primarily involved in the production and global sale of vehicle tires, inner tubes, and alloy wheels. Their extensive tire portfolio caters to passenger cars, sport utility vehicles (SUVs), light trucks, heavy-duty trucks, buses, and motorsports. Beyond these core products, the company's operations also encompass the manufacturing of tire and tube production machinery, as well as tire molds. Hankook & Company further diversifies its business through trade and consulting services, facilities management, baking activities, and the broad distribution of its tire offerings. The company maintains a substantial international presence, operating across North America, South and Central America, Asia, and Europe. It formally changed its name from Hankook Technology Group Co., Ltd. to Hankook & Company Co., Ltd. in December 2020.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBIT
Target Price
The average target price of 000240.KS is 33000 and suggests 31.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation t