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Nexen Tire Corp (002350) Stock Price & Analysis

002350 Stock Chart & Stats

$5,850.00$200.00(3.54%)
At close: 3:30 PM GMT+9
$5,500$6,000$6,5003 Aug18 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$5,640.00 - $5,900.00
52-Week Range
$5,350.00 - $10,110.00
Previous Close
$5,650.00
Volume
N/A
Average Volume (3M)
92.04K
Market Cap
KRW 587.65B
Enterprise Value
KRW 2.00T
Total Cash (Recent Filing)
KRW 315.28B
Total Debt (Recent Filing)
KRW 1.61T
Price to Earnings (P/E)
3.9
Beta
0.22
Next Earnings
Nov 04, 2026 (Est.)
EPS Estimate
N/A
Dividend Yield
3.42%

Bulls Say, Bears Say

Bulls Say

Revenue And Earnings Growth

Strong reported revenue and EPS growth indicate improving demand and operating performance across the business. If sustained, this recovery can support reinvestment, strengthen the company’s position with automotive customers, and improve earnings capacity over the next several quarters.

Profitability Recovery

The return to profitability, combined with solid gross and EBITDA margins, demonstrates that Nexen Tire has regained meaningful earnings generation after its loss-making period. These margins provide an operating base that can support continued recovery if demand and pricing remain stable.

Improving Leverage

Lower leverage and a larger equity base improve financial resilience relative to the prior years. This gives Nexen Tire more flexibility to fund operations and manage cyclical demand, while positive and stable ROE indicates that the expanded capital base continues to generate returns.

Bears Say

Limited Profit Cushion

Although profitability has recovered, the modest net and EBIT margins leave limited room to absorb weaker demand or renewed cost pressure. A relatively narrow earnings cushion could make results more sensitive to changes in pricing, volumes, and operating conditions over the coming quarters.

Weaker Free Cash Flow Conversion

Positive free cash flow is an improvement, but its decline from the prior period and only moderate conversion from net income weaken the quality of earnings. This may constrain internally funded investment and reduce the pace at which Nexen Tire can strengthen its balance sheet.

Debt Sensitivity

Despite improving leverage, absolute debt remains sizable relative to equity and operating cash flow provides limited coverage. This leaves Nexen Tire exposed to greater financial pressure during cyclical downturns or periods of higher funding costs, restricting capital allocation flexibility.

002350 FAQ

What was Nexen Tire Corp’s price range in the past 12 months?
Nexen Tire Corp lowest stock price was $5350.00 and its highest was $10110.00 in the past 12 months.
What is Nexen Tire Corp’s market cap?
Nexen Tire Corp’s market cap is ₩587.65B.
When is Nexen Tire Corp’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Nexen Tire Corp’s earnings last quarter?
Nexen Tire Corp released its earnings results on Jul 29, 2026. The company reported $2.091 earnings per share for the quarter.
Is Nexen Tire Corp overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Nexen Tire Corp pay dividends?
Nexen Tire Corp pays a ― dividend of $200 which represents an annual dividend yield of 3.42%. See more information on Nexen Tire Corp dividends here
What is Nexen Tire Corp’s EPS estimate?
Nexen Tire Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nexen Tire Corp have?
Nexen Tire Corp has 97,667,880 shares outstanding.
What happened to Nexen Tire Corp’s price movement after its last earnings report?
Nexen Tire Corp reported an EPS of $2.091 in its last earnings report. Following the earnings report the stock price went down -4.438%.
Which hedge fund is a major shareholder of Nexen Tire Corp?
Currently, no hedge funds are holding shares in KR:002350
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology