Financials Hyundai Motor Company OTC Markets

Equities

HYMTF

USY384721251

Auto & Truck Manufacturers

Market Closed - OTC Markets Other stock markets 12:50:20 29/06/2024 am IST			Pre-market 04:15:34 pm
65.25 ^USD	+1.87%		65.5	+0.38%

09:50am	Hyundai Motor Company Reports Sales Results for the Month of June 2024	CI
08:47am	S.Korean shares rise on robust data; battery, biopharma stocks jump	RE

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	2,60,34,130	4,04,72,779	4,41,72,223	3,19,70,854	4,37,73,850	6,47,40,298	-	-
Enterprise Value (EV) ²	82,750	1,02,658	1,18,591	97,718	1,24,246	1,63,308	1,61,270	1,58,802
P/E ratio	10.7 x	35.2 x	11 x	5.29 x	4.45 x	5.76 x	5.75 x	5.54 x
Yield	3.32%	1.56%	1.46%	3.97%	5.6%	4.18%	4.22%	4.47%
Capitalization / Revenue	0.25 x	0.39 x	0.38 x	0.22 x	0.27 x	0.38 x	0.37 x	0.35 x
EV / Revenue	0.78 x	0.99 x	1.01 x	0.69 x	0.76 x	0.96 x	0.92 x	0.87 x
EV / EBITDA	11.1 x	14.1 x	10.6 x	6.57 x	6.19 x	8.1 x	7.9 x	7.56 x
EV / FCF	-26.1 x	-20.1 x	-37.9 x	14.8 x	-13 x	14.8 x	13.9 x	14.1 x
FCF Yield	-3.83%	-4.97%	-2.64%	6.77%	-7.72%	6.74%	7.17%	7.11%
Price to Book	0.35 x	0.55 x	0.56 x	0.37 x	0.45 x	0.78 x	0.72 x	0.66 x
Nbr of stocks (in thousands)	2,25,128	2,22,747	2,23,072	2,22,908	2,24,802	2,27,872	-	-
Reference price ³	1,20,500	1,92,000	2,09,000	1,51,000	2,03,500	2,95,000	2,95,000	2,95,000
Announcement Date	04/03/20	26/01/21	25/01/22	26/01/23	25/01/24	-	-	-

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	1,05,790	1,03,998	1,17,611	1,42,528	1,62,664	1,69,982	1,75,615	1,82,611
EBITDA ¹	7,437	7,259	11,235	14,867	20,073	20,151	20,426	21,001
EBIT ¹	3,606	2,781	6,679	9,820	15,127	15,028	15,003	15,414
Operating Margin	3.41%	2.67%	5.68%	6.89%	9.3%	8.84%	8.54%	8.44%
Earnings before Tax (EBT) ¹	4,164	2,480	7,960	10,948	17,619	17,921	17,912	18,601
Net income ¹	2,980	1,618	4,942	7,364	11,962	12,411	12,480	12,927
Net margin	2.82%	1.56%	4.2%	5.17%	7.35%	7.3%	7.11%	7.08%
EPS ²	11,310	5,454	18,979	28,521	45,703	51,231	51,327	53,268
Free Cash Flow ³	-31,66,932	-50,97,649	-31,27,918	66,12,342	-95,89,518	1,09,99,140	1,15,63,680	1,12,84,333
FCF margin	-2,993.59%	-4,901.7%	-2,659.55%	4,639.34%	-5,895.31%	6,470.78%	6,584.66%	6,179.45%
FCF Conversion (EBITDA)	-	-	-	44,475.47%	-	54,582.71%	56,612.27%	53,731.41%
FCF Conversion (Net income)	-	-	-	89,788.36%	-	88,625.76%	92,657.4%	87,292.28%
Dividend per Share ²	4,000	3,000	3,050	6,000	11,400	12,338	12,461	13,199
Announcement Date	04/03/20	26/01/21	25/01/22	26/01/23	25/01/24	-	-	-

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	2025 Q1	2025 Q2
Net sales ¹	31,026	30,299	36,000	37,705	38,524	37,779	42,250	41,003	41,669	40,659	43,676	41,491	43,342	34,792	37,656
EBITDA ¹	-	-	-	2,760	-	-	-	5,047	7,154	4,839	5,559	5,336	5,386	-	-
EBIT ¹	1,530	1,929	2,980	1,552	3,359	3,593	4,238	3,822	3,408	3,557	4,032	3,610	3,687	2,792	3,136
Operating Margin	4.93%	6.37%	8.28%	4.12%	8.72%	9.51%	10.03%	9.32%	8.18%	8.75%	9.23%	8.7%	8.51%	8.02%	8.33%
Earnings before Tax (EBT) ¹	1,474	2,279	3,889	2,042	2,739	4,591	4,834	4,667	3,258	4,727	4,733	4,200	4,127	3,755	3,981
Net income ¹	546.9	1,585	2,803	1,272	1,704	3,312	3,235	3,190	2,225	3,231	3,242	2,917	2,782	3,610	2,280
Net margin	1.76%	5.23%	7.79%	3.37%	4.42%	8.77%	7.66%	7.78%	5.34%	7.95%	7.42%	7.03%	6.42%	10.38%	6.05%
EPS ²	2,098	6,136	10,882	4,898	6,738	12,664	12,347	12,186	8,506	12,287	13,663	12,689	11,505	13,073	13,809
Dividend per Share ²	2,050	-	-	-	6,000	-	1,500	1,500	8,400	2,000	2,000	2,000	4,800	1,500	1,500
Announcement Date	25/01/22	25/04/22	21/07/22	24/10/22	26/01/23	25/04/23	26/07/23	26/10/23	25/01/24	25/04/24	-	-	-	-	-

¹KRW in Billions²KRW

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	56,716	62,185	74,419	65,747	80,472	98,567	96,530	94,062
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	7.626 x	8.566 x	6.624 x	4.422 x	4.009 x	4.891 x	4.726 x	4.479 x
Free Cash Flow ²	-31,66,932	-50,97,649	-31,27,918	66,12,342	-95,89,518	1,09,99,140	1,15,63,680	1,12,84,333
ROE (net income / shareholders' equity)	4.32%	2.77%	7.16%	9.36%	13.7%	12.8%	11.6%	11.1%
ROA (Net income/ Total Assets)	1.59%	0.77%	2.23%	3.01%	4.45%	4.47%	4.31%	4.29%
Assets ¹	1,87,590	2,08,815	2,21,650	2,44,663	2,69,103	2,77,349	2,89,553	3,01,045
Book Value Per Share ³	3,45,591	3,46,315	3,73,849	4,12,292	4,55,972	3,77,672	4,11,567	4,48,111
Cash Flow per Share ³	2,071	-2,043	-5,865	53,207	-12,416	57,022	61,379	63,878
Capex ¹	3,587	4,688	4,304	4,015	7,071	6,865	6,498	6,619
Capex / Sales	3.39%	4.51%	3.66%	2.82%	4.35%	4.04%	3.7%	3.62%
Announcement Date	04/03/20	26/01/21	25/01/22	26/01/23	25/01/24	-	-	-

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

Ratings for Hyundai Motor Company

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2,95,000 KRW

Average target price

3,28,095 KRW

Spread / Average Target

+11.22%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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