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About The Company

CEO

Mr. Ho-Chan Kang

Market Cap

827.92 Billion KRW

Sector

Consumer Cyclical

Website

https://www.nexentire.com

Description

Nexen Tire Corporation engages in the production, sale, and rental of tires in South Korea and internationally.

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Overview

Value

9

Growth

9

Health

35

Management

14

Analyst Opinion

74

Total

28

All Scores Out Of 100

Best Features

  • Has a history of share buybacks
  • Liked by analysts
  • Low preportion of income is paid as dividend

Risk Factors

  • Overvalued on cashflow basis
  • Earnings growth has slowed down recently
  • Income is not covering expenditure and investment
  • Does not hold enough liquid assets to cover short term liabilities
  • No margin of safety at their current market price
  • Poor earnings and cashflow growth
  • Price-to-earnings ratio of 30.7 is higher than the market average (19.6x)
  • Accounting anomalies: Growing revenues without a corresponding growth in cash flows.
  • 0

Market Peers

002355.KS

Key Figures

PE Ratio (TTM)

30.69

Margin Of Safety (DCF)

-216.71%

Revenue Growth (5 Year Average)

1.93%

Ratings Consensus

Buy

Share Buybacks

3.84%

Dividend Yeild (TTM)

N/A

Valuation

Value Score

9

  • Estimated intrinsic-value of NaN undefined KRW is lower than current price ( 2.98 Thousand KRW)
  • Price-to-earnings ratio of 30.7 is higher than the market average (19.6x)
  • Free-cashflow-yeild of -33.36% is worse than the market average (4.7%)
  • Margin-of-safety of -216.71% is worse than the market average (17.95%)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: N/A

Current Price: 2990 KRW

Negative Cashflows: Cashflow can become negative due to operating losses, investing activities or financing activites. Negative cashflow makes it dificult to use a discounted free cashflow model to assess intrinsic value.

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

30.69x

Free Cashflow Yeild

-33.36%

PE/Earnings Growth

N/A

Price/Book

0.52x

Growth

Growth Score

9

  • Revenue growth has improved this yeara
  • 5 Year Average Revenue growth of 1.93% is lower than the market average (10.97%)
  • 5 Year Average Earnings growth of 2.68% is lower than the market average (14.48%)
  • Earnings growth has slowed this year
  • 5 Year Average Free Cashflow growth of -16.88% is lower than the market average (12.35%)
  • Free Cashflow growth has slowed this year

Revenue Growth

1.93%

Earnings Growth

2.68%

Cashflow Growth

-16.88%

Health

Health Score

35

  • Cashflow is negative
  • Has a high level of debt
  • Assets do not cover liabilities
  • High financial leverage and base interest rate exposure
  • Requires debt for normal operation to be sustainable
  • Debt repayments significantly impact cashflow

Altman Z Score

0.85

Piostroski Score

5.00

Debt/Equity

1.12x

Current Assets/Liabilities

0.69x

Free Cashflow/Total Debt

N/Ax

Debt/Capital

1.97x

Management

Management Score

14

  • Has a history of returning value to shareholders through stock buybacks
  • Return-on-capital-employed of 2.30% is lower than the market average (10%)
  • Has repurchased shares when overvalued
  • Return-on-equity of 1.95% is lower than the market average (15%)

Average Buybacks/Dilution

3.84%

Recent Buybacks/Dilution

N/A

5 Year Price Volitility

21.06%

Return On Assets

0.77%

Return On Capital Employed

2.30%

Return On Equity

1.95%

Return On Free Cashflow

-35.85%

Return On Investments

21.29%

Analysts

Analyst Opinion

74

  • Ratings consensus is Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

Nexen Tire Corporation

Currency

KRW

Beta

0.739414

Vol Avg

5472

Ceo

Mr. Ho-Chan Kang

Cik

Cusip

Exchange

KSE

Full Time Employees

4049

Industry

Auto Parts

Sector

Consumer Cyclical

Ipo Date

2005-09-29

Address

355, Chungnyeol-ro

City

Yangsan-si

State

Country

KR

Zip

Phone

82 5 5370 5114

All financial data provided by FMP

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