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Stock Screener·Korea·Consumer Cyclical·002350.KS
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Nexen Tire Corporation Stocks

₩ 5460Last Updated 26.10.2026

Issuer Rating

6/7
Performance

Strong

Risk

Limited

Recommendation

Buy

Market Cap

₩ 406.88M

₩ 5460
Key Takeaways

Risk factor

Considerable default risk

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Data is available to registered users only

Profitability factor

Greatly undervalued vs peers

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Nexen Tire Corporation operates globally and within South Korea, focusing on the manufacturing, distribution, and leasing of various tire types. Its product offerings include tires for passenger vehicles, SUVs, vans, light trucks, and solid tires, along with related components like tubes and flaps. The company also provides customer-centric services such as a tire finder tool and warranty support. Beyond its primary tire business, Nexen diversifies into other sectors, including logistics (transport and storage), manufacturing (molding), and even consumer goods like confectionery and baked products. Established in 1942, the company's main offices are located in Yangsan-si, South Korea.

Company Valuation

Greatly undervalued
7/7

Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD

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Target Price

Somewhat favourable
5/7

The average target price of 002350.KS is 8591 and suggests 55.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
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