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Nexen Tire Corp
(002350)
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Rating:65Neutral
Price Target:
$5,923.00
Action:N/A
Date:10/28/26
The score is primarily supported by improving financial performance (profitability recovery and improving leverage) and very attractive valuation (low P/E and solid dividend yield). This is offset by weak technicals, with the stock trading below all major moving averages and bearish momentum signals.
Positive Factors
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.
Negative Factors
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.
Read all positive and negative factors
Positive Factors
Negative Factors
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.
Read all positive factors
Nexen Tire Corp (002350) vs. SPDR S&P 500 ETF (SPY)
Market Cap
₩559.12B
Dividend Yield3.6%
Average Volume (3M)91.78K
Price to Earnings (P/E)3.8
Beta (1Y)0.21
Revenue Growth12.12%
EPS Growth53.78%
CountryKR
Employees4,255
SectorGeneral
Sector StrengthN/A
IndustryAuto - Parts
Share Statistics
EPS (TTM)1492.88
Shares Outstanding97,667,880
10 Day Avg. Volume114,374
30 Day Avg. Volume91,779
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)0.38
Price to Sales (P/S)0.25
P/FCF Ratio6.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1,163.78
Revenue Forecast (FY)₩3.44T
Nexen Tire Corp Business Overview & Revenue Model
Company Description
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,...
Nexen Tire Corp Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
66
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.34T | 3.19T | 2.85T | 2.70T | 2.60T | 2.08T |
| Gross Profit | 918.73B | 836.16B | 792.93B | 739.29B | 431.53B | 439.60B |
| EBITDA | 524.21B | 468.98B | 500.22B | 406.50B | 187.56B | 189.14B |
| Net Income | 154.12B | 150.83B | 126.37B | 102.79B | -27.77B | 4.82B |
Balance Sheet | ||||||
| Total Assets | 5.02T | 4.71T | 4.57T | 4.23T | 3.94T | 3.82T |
| Cash, Cash Equivalents and Short-Term Investments | 315.28B | 295.10B | 284.56B | 316.48B | 319.69B | 486.94B |
| Total Debt | 1.61T | 1.61T | 1.68T | 1.77T | 1.66T | 1.38T |
| Total Liabilities | 2.85T | 2.66T | 2.70T | 2.53T | 2.35T | 2.22T |
| Stockholders Equity | 2.16T | 2.05T | 1.86T | 1.70T | 1.59T | 1.60T |
Cash Flow | ||||||
| Free Cash Flow | 237.75B | 128.68B | 54.13B | -81.58B | -371.61B | 149.15B |
| Operating Cash Flow | 441.30B | 351.37B | 259.33B | 241.86B | -99.41B | 265.16B |
| Investing Cash Flow | -140.84B | -156.13B | -175.56B | -323.91B | -234.72B | -130.51B |
| Financing Cash Flow | -299.20B | -166.02B | -190.22B | 52.01B | 264.84B | -80.56B |
Nexen Tire Corp Technical Analysis
Negative
―
Price Trends
5930.20
Negative
6341.00
Negative
6935.43
Negative
Market Momentum
-92.78
Positive
41.54
Neutral
18.75
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:002350, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 5705.50, equal to the 50-day MA of 5930.20, and equal to the 200-day MA of 6935.43, indicating a bearish trend. The MACD of -92.78 indicates Positive momentum. The RSI at 41.54 is Neutral, neither overbought nor oversold. The STOCH value of 18.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:002350.
Nexen Tire Corp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₩2.16T | 5.49 | ― | 4.96% | 13.49% | 31.82% | |
67 Neutral | ₩1.49T | 3.12 | ― | ― | -0.18% | 83.48% | |
65 Neutral | ₩559.12B | 3.78 | ― | 3.60% | 12.12% | 53.78% | |
65 Neutral | ₩2.07T | 5.31 | ― | 2.49% | 16.80% | 101.04% | |
65 Neutral | ₩6.93T | 5.62 | ― | 4.23% | 42.91% | 28.59% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₩13.50B | -2.32 | ― | 0.15% | -13.62% | -193.30% |
* General Sector Average
KR:002350
Nexen Tire Corp
5,550.00
-673.93
-10.83%
KR:000240
HANKOOK & COMPANY CO., LTD.
22,800.00
214.76
0.95%
KR:007340
DN AUTOMOTIVE CORPORATION
40,150.00
16,693.55
71.17%
KR:073240
Kumho Tire Co., Inc.
5,190.00
515.00
11.02%
KR:161390
HANKOOK TIRE & TECHNOLOGY Co., Ltd.
56,800.00
12,504.62
28.23%
KR:214330
Kumho HT, Inc.
7,390.00
-4,150.00
-35.96%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.