Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Nexen Tire Corporation is a distinguished entity in the manufacturing sector, specializing in the production of tires for various vehicles. It primarily engages in the development, design, and sale of high-performance tires suitable for passenger cars, light trucks, and SUVs. The corporation has established itself as a pivotal player in the automotive industry by focusing on innovation, safety, and quality, striving to provide superior traction and handling across diverse terrains and conditions. Nexen Tire Corporation significantly impacts several sectors, including automotive manufacturing, transportation logistics, and aftermarket automotive services. With a global reach that includes distribution networks spanning North America, Europe, and Asia, the company is instrumental in meeting the global demand for reliable and efficient tire products. It plays a crucial role in the overarching supply chain and contributes to advancements in tire technology with a commitment to sustainability and environmental responsibility. Founded in 1942, Nexen Tire continues to advance in its mission, solidifying its position as a key player in the tire manufacturing landscape worldwide.
₩6,700.00
+₩80.00 (+1.21%)
Live · 11:09 AM
Operating margin is thin at 5.34%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 12.0%, still solid.
Net debt of ₩1.32T represents 10.3x FCF, leverage limits flexibility.
4.0x earnings, 2.2x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
₩3.26T
▲ +12.0% YoY
Net Income (TTM)
₩173.25B
▲ +19.3% YoY
Op. Margin
5.64%
▼ -0.7pp YoY
ROIC
3.60%
Cash Flow & Balance Sheet
FCF (TTM)
₩307.39B
▲ +137.4% YoY
Op. Cash Flow (TTM)
₩525.68B
▲ +133.2% YoY
Net Debt
₩1.32T
Cash & Equiv.
₩295.10B
3Y CAGR: +7.1%
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At a P/E of 4.0 and a price-to-free-cash-flow of 2.2, Nexen Tire (002350.XKRX) trades below a two-stage DCF intrinsic value of about KRW 103,698.20 per share, so at KRW 6,700.00 the stock looks undervalued (1,447.7% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Nexen Tire scores 74/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.9%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about KRW 103,698.20 per share for 002350.XKRX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around KRW 77,773.65. At today's KRW 6,700.00, that puts the stock about 1,447.7% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Nexen Tire scores 74 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 5.6% operating margin and a 3.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Nexen Tire pays a regular dividend of about KRW 129.70 per share per year (typically in quarterly installments), a yield of roughly 1.9% at the current price. That is a payout ratio of about 7.7% of earnings, so the dividend is amply covered by earnings. Nexen Tire has grown the dividend at roughly 5.5% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For 002350.XKRX's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. 002350.XKRX currently trades below its estimated intrinsic value and scores 74/100 on quality (solid). It also yields about 1.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.