Nexen Tire Corporation Logo

Nexen Tire Corporation

002355.KS

(1.8)
Stock Price

3.130,00 KRW

1.93% ROA

6.61% ROE

3.76x PER

Market Cap.

775.675.434.720,00 KRW

0% DER

3.45% Yield

4.08% NPM

Nexen Tire Corporation Stock Analysis

Nexen Tire Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nexen Tire Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.19x), the stock offers substantial upside potential at a bargain price.

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 ROE

ROE in an average range (2.87%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (1.11%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

6 DER

The stock is burdened with a heavy load of debt (116%), making it financially unstable and potentially risky for investors.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-465.954) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Nexen Tire Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nexen Tire Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Nexen Tire Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nexen Tire Corporation Revenue
Year Revenue Growth
2007 565.693.035.000
2008 784.132.871.000 27.86%
2009 1.009.916.034.000 22.36%
2010 1.146.467.854.000 11.91%
2011 1.429.955.655.940 19.82%
2012 1.700.620.650.230 15.92%
2013 1.728.239.823.550 1.6%
2014 1.758.781.612.540 1.74%
2015 1.837.466.550.740 4.28%
2016 1.894.702.700.320 3.02%
2017 1.964.792.711.410 3.57%
2018 1.983.976.385.360 0.97%
2019 2.022.338.188.670 1.9%
2020 1.698.127.805.400 -19.09%
2021 2.079.407.029.590 18.34%
2022 2.597.424.486.490 19.94%
2023 2.770.299.728.000 6.24%
2023 2.701.720.151.279 -2.54%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nexen Tire Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2007 10.268.437.000
2008 14.523.988.000 29.3%
2009 17.760.856.000 18.22%
2010 20.919.033.000 15.1%
2011 28.092.694.000 25.54%
2012 41.594.702.000 32.46%
2013 56.235.208.000 26.03%
2014 62.392.219.000 9.87%
2015 65.069.218.000 4.11%
2016 59.907.085.000 -8.62%
2017 62.628.101.000 4.34%
2018 70.133.513.000 10.7%
2019 92.607.203.000 24.27%
2020 91.495.435.000 -1.22%
2021 85.101.085.000 -7.51%
2022 90.494.421.000 5.96%
2023 0 0%
2023 86.634.370.000 100%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nexen Tire Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 9.101.116.000
2008 9.506.284.000 4.26%
2009 12.151.724.000 21.77%
2010 14.056.970.000 13.55%
2011 25.650.801.000 45.2%
2012 30.061.326.000 14.67%
2013 31.923.074.000 5.83%
2014 34.763.137.000 8.17%
2015 36.609.295.000 5.04%
2016 34.633.263.000 -5.71%
2017 32.410.767.000 -6.86%
2018 30.077.990.000 -7.76%
2019 31.613.019.000 4.86%
2020 28.126.469.000 -12.4%
2021 29.580.828.000 4.92%
2022 28.231.269.000 -4.78%
2023 536.229.644.000 94.74%
2023 36.969.392.000 -1350.47%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nexen Tire Corporation EBITDA
Year EBITDA Growth
2007 94.134.100.000
2008 41.052.794.000 -129.3%
2009 231.940.970.000 82.3%
2010 195.569.148.000 -18.6%
2011 181.420.004.340 -7.8%
2012 269.863.097.240 32.77%
2013 299.548.425.390 9.91%
2014 301.536.404.300 0.66%
2015 340.594.966.040 11.47%
2016 387.274.983.590 12.05%
2017 337.442.148.100 -14.77%
2018 322.438.947.210 -4.65%
2019 378.316.497.710 14.77%
2020 196.206.222.980 -92.82%
2021 223.804.836.110 12.33%
2022 179.214.271.600 -24.88%
2023 814.837.732.000 78.01%
2023 383.258.419.060 -112.61%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nexen Tire Corporation Gross Profit
Year Gross Profit Growth
2007 167.787.324.000
2008 193.378.613.000 13.23%
2009 340.918.097.000 43.28%
2010 314.675.472.000 -8.34%
2011 344.273.722.710 8.6%
2012 454.441.219.420 24.24%
2013 488.997.874.270 7.07%
2014 561.027.736.680 12.84%
2015 619.008.429.740 9.37%
2016 686.774.004.140 9.87%
2017 637.223.473.710 -7.78%
2018 561.772.965.050 -13.43%
2019 616.648.263.250 8.9%
2020 438.324.086.260 -40.68%
2021 439.604.100.650 0.29%
2022 431.530.855.360 -1.87%
2023 814.837.732.000 47.04%
2023 708.299.769.492 -15.04%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nexen Tire Corporation Net Profit
Year Net Profit Growth
2007 28.227.171.000
2008 -12.105.956.000 333.17%
2009 113.345.565.000 110.68%
2010 81.173.231.000 -39.63%
2011 87.765.441.000 7.51%
2012 133.395.135.000 34.21%
2013 122.633.897.310 -8.78%
2014 128.491.962.650 4.56%
2015 125.215.737.530 -2.62%
2016 173.779.107.040 27.95%
2017 124.963.793.700 -39.06%
2018 103.558.968.260 -20.67%
2019 118.230.271.360 12.41%
2020 -16.596.314.020 812.39%
2021 4.817.645.620 444.49%
2022 -27.505.695.410 117.52%
2023 210.344.872.000 113.08%
2023 102.791.698.820 -104.63%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nexen Tire Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 297
2008 -130 328.46%
2009 1.209 110.75%
2010 865 -39.77%
2011 878 1.48%
2012 1.333 34.13%
2013 1.227 -8.64%
2014 1.273 3.61%
2015 1.234 -3.16%
2016 1.713 27.96%
2017 1.226 -39.72%
2018 1.009 -21.63%
2019 1.152 12.42%
2020 -162 814.91%
2021 47 450%
2022 -268 117.23%
2023 2.049 113.04%
2023 1.001 -104.6%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nexen Tire Corporation Free Cashflow
Year Free Cashflow Growth
2007 -82.959.341.000
2008 -221.078.764.000 62.48%
2009 88.020.836.000 351.17%
2010 -18.304.082.000 580.88%
2011 -364.978.823.660 94.98%
2012 -121.997.971.330 -199.17%
2013 -56.767.248.900 -114.91%
2014 -17.173.988.620 -230.54%
2015 158.213.731.040 110.85%
2016 278.419.305.730 43.17%
2017 -29.502.024.580 1043.73%
2018 -328.015.797.130 91.01%
2019 61.429.184.690 633.97%
2020 61.552.891.020 0.2%
2021 149.153.770.380 58.73%
2022 -371.609.749.430 140.14%
2023 -80.430.875.240 -362.02%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nexen Tire Corporation Operating Cashflow
Year Operating Cashflow Growth
2007 72.236.963.000
2008 58.364.910.000 -23.77%
2009 213.539.633.000 72.67%
2010 133.293.522.000 -60.2%
2011 -14.223.876.020 1037.11%
2012 146.804.949.370 109.69%
2013 209.011.234.300 29.76%
2014 303.507.788.320 31.13%
2015 320.820.947.410 5.4%
2016 383.186.433.970 16.28%
2017 255.098.706.570 -50.21%
2018 156.983.754.580 -62.5%
2019 291.461.804.780 46.14%
2020 179.088.479.810 -62.75%
2021 265.157.559.680 32.46%
2022 -99.406.724.770 366.74%
2023 -13.204.283.610 -652.84%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nexen Tire Corporation Capital Expenditure
Year Capital Expenditure Growth
2007 155.196.304.000
2008 279.443.674.000 44.46%
2009 125.518.797.000 -122.63%
2010 151.597.604.000 17.2%
2011 350.754.947.640 56.78%
2012 268.802.920.700 -30.49%
2013 265.778.483.200 -1.14%
2014 320.681.776.940 17.12%
2015 162.607.216.370 -97.21%
2016 104.767.128.240 -55.21%
2017 284.600.731.150 63.19%
2018 484.999.551.710 41.32%
2019 230.032.620.090 -110.84%
2020 117.535.588.790 -95.71%
2021 116.003.789.300 -1.32%
2022 272.203.024.660 57.38%
2023 67.226.591.630 -304.9%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nexen Tire Corporation Equity
Year Equity Growth
2007 278.710.750.000
2008 278.035.098.000 -0.24%
2009 386.930.298.000 28.14%
2010 462.238.928.000 16.29%
2011 565.043.168.950 18.19%
2012 677.794.568.740 16.64%
2013 792.961.897.080 14.52%
2014 927.980.431.670 14.55%
2015 1.026.639.960.210 9.61%
2016 1.193.162.217.270 13.96%
2017 1.335.498.482.810 10.66%
2018 1.428.184.674.270 6.49%
2019 1.557.904.773.600 8.33%
2020 1.546.952.327.090 -0.71%
2021 1.599.927.142.390 3.31%
2022 1.596.231.827.720 -0.23%
2023 1.709.640.996.000 6.63%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nexen Tire Corporation Assets
Year Assets Growth
2007 712.468.472.000
2008 998.713.857.000 28.66%
2009 1.020.158.427.000 2.1%
2010 1.201.859.114.000 15.12%
2011 1.902.240.724.290 36.82%
2012 2.035.745.919.510 6.56%
2013 2.299.812.618.420 11.48%
2014 2.527.339.854.150 9%
2015 2.580.874.676.710 2.07%
2016 2.617.913.244.510 1.41%
2017 2.794.010.131.970 6.3%
2018 3.242.285.269.480 13.83%
2019 3.436.052.113.320 5.64%
2020 3.541.080.327.480 2.97%
2021 3.823.413.438.270 7.38%
2022 3.944.336.739.600 3.07%
2023 4.306.665.765.000 8.41%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nexen Tire Corporation Liabilities
Year Liabilities Growth
2007 433.757.722.000
2008 720.678.760.000 39.81%
2009 633.228.129.000 -13.81%
2010 739.620.185.000 14.38%
2011 1.337.197.555.340 44.69%
2012 1.357.951.350.770 1.53%
2013 1.502.811.812.510 9.64%
2014 1.593.974.945.730 5.72%
2015 1.546.829.551.070 -3.05%
2016 1.415.163.263.740 -9.3%
2017 1.455.076.288.200 2.74%
2018 1.814.100.595.210 19.79%
2019 1.878.147.339.720 3.41%
2020 1.994.128.000.390 5.82%
2021 2.223.486.295.880 10.32%
2022 2.348.104.911.870 5.31%
2023 2.597.024.770.000 9.58%

Nexen Tire Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
26517.02
Net Income per Share
809.4
Price to Earning Ratio
3.76x
Price To Sales Ratio
0.28x
POCF Ratio
-9.48
PFCF Ratio
-2.31
Price to Book Ratio
0.18
EV to Sales
0.28
EV Over EBITDA
1.58
EV to Operating CashFlow
-23.52
EV to FreeCashFlow
-2.31
Earnings Yield
0.27
FreeCashFlow Yield
-0.43
Market Cap
775,68 Bil.
Enterprise Value
775,68 Bil.
Graham Number
17360.17
Graham NetNet
-25267.48

Income Statement Metrics

Net Income per Share
809.4
Income Quality
-0.71
ROE
0.05
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
0.72
EBT Per Ebit
0.75
Ebit per Revenue
0.08
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0.1
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.44
Operating Profit Margin
0.08
Pretax Profit Margin
0.06
Net Profit Margin
0.04

Dividends

Dividend Yield
0.03
Dividend Yield %
3.45
Payout Ratio
0
Dividend Per Share
105

Operating Metrics

Operating Cashflow per Share
-320.84
Free CashFlow per Share
-3262.69
Capex to Operating CashFlow
9.17
Capex to Revenue
-0.11
Capex to Depreciation
-1.62
Return on Invested Capital
0.07
Return on Tangible Assets
0.02
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-2941.85

Balance Sheet

Cash per Share
0,00
Book Value per Share
16.548,62
Tangible Book Value per Share
16633.77
Shareholders Equity per Share
16548.62
Interest Debt per Share
355.25
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0
Current Ratio
1.1
Tangible Asset Value
1.709,64 Bil.
Net Current Asset Value
-993,22 Bil.
Invested Capital
0
Working Capital
146,41 Bil.
Intangibles to Total Assets
0
Average Receivables
314,90 Bil.
Average Payables
78,08 Bil.
Average Inventory
323328005980
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nexen Tire Corporation Dividends
Year Dividends Growth
2005 500
2006 500 0%
2007 500 0%
2008 20 -2400%
2009 65 69.23%
2010 50 -30%
2011 65 23.08%
2012 65 0%
2013 70 7.14%
2014 80 12.5%
2015 85 5.88%
2016 105 19.05%
2017 105 0%
2018 105 0%
2019 110 4.55%
2020 110 0%
2021 110 0%
2022 105 -4.76%

Nexen Tire Corporation Profile

About Nexen Tire Corporation

Nexen Tire Corporation engages in the production, sale, and rental of tires in South Korea and internationally. The company offers passenger car, SUV, van and light truck, and solid tires, as well as tubes and flaps; and tire finder and warranty services. It also provides services in the non-tire sector, including transport and storage, and molding, as well as confectionery and baking. The company was founded in 1942 and is headquartered in Yangsan-si, South Korea.

CEO
Mr. Ho-Chan Kang
Employee
4.093
Address
355, Chungnyeol-ro
Yangsan-si,

Nexen Tire Corporation Executives & BODs

Nexen Tire Corporation Executives & BODs
# Name Age
1 Mr. Ho-Chan Kang
Chief Executive Officer & President
70
2 Mr. Hyun-Jong Lee
Chief Financial Officer and Internal Director
70
3 Mr. Byung-Woo Lee
Director of Sales Department and Vice President
70
4 Mr. Jin Man Lee
Chief Strategy Officer & Managing Partner of Next Century Ventures
70

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