Loading…
Holding company for the Hankook Tire group, overseeing tire manufacturing, auto batteries and other affiliates.
Holding company for the Hankook Tire group, overseeing tire manufacturing, auto batteries and other affiliates.
A holding company: its results mostly consolidate its operating arms, with the tire maker Hankook Tire & Technology carrying group sales and the battery arm, Hankook AtlasBX, adding to them. The holding company itself collects dividends and fees from group companies.
In one line: Holding-company parent of Hankook Tire, akin to a Korean Goodyear's parent..
Moat: none (brand). A holding company whose moat is really its operating subsidiaries' brand and OEM relationships, not its own.
Headquarters: Seoul, South Korea · Founded: 1941 · Employees: 1,226
Size Hankook & (000240.KS) is a South Korea Consumer Discretionary company (Electrical Products) with a market value of $1.71B, the 154th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩24,550 on 6 Nov 2026.
Performance Over six months the shares fell 1.6%, against -31.9% for the median peer and -24.5% for the South Korea market (cap-weighted) — highest of 6 in its peer set.
Growth Revenue grew 13.5% over the last twelve months (peer median -2.6%); the operating margin is 28.1% (peer median 5.8%).
Valuation It trades at 1.6× enterprise value to sales against a peer median of 0.9× (2nd most expensive of 5).
Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is -27 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.2 points above its cost of capital (5.4% WACC).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩1.40T | ₩1.46T | ₩1.07T | ₩895B | ₩1.10T |
| Revenue growth | — | +36% | +20% | -18% | — |
| Gross profit | ₩517B | ₩530B | ₩200B | ₩158B | ₩332B |
| EBITDA | ₩428B | ₩448B | ₩133B | ₩95.5B | ₩277B |
| Net income | ₩396B | ₩347B | ₩351B | ₩187B | ₩166B |
| Free cash flow | ₩151B | ₩209B | ₩113B | ₩9.90B | -₩11.5B |
| Capital expenditure | ₩45.8B | ₩29.1B | ₩23.4B | ₩33.4B | ₩44.8B |
| Total debt | ₩103B | ₩98.9B | ₩321B | ₩339B | ₩185B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Hankook & 000240.KS | $1.71B | -2% | +13% | 28% | 1.6× | -12.0% |
| Goodyear Tire & Rubber GT | $1.26B | -33% | -4% | 3% | 0.5× | 5.9% |
| Bridgestone 5108.T | $31.7B | +28% | +6% | 12% | 1.1× | -1.9% |
| Cie Generale des Etablissements Michelin ML.PA | $25.1B | +5% | -4% | 10% | 1.1× | 3.7% |
| Kumhotire 073240.KS | $1.12B | -9% | +2% | 12% | 0.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000240.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.9% | -7.2% | 2nd highest of 6 |
| 6-month return | -1.6% | -31.9% | highest of 6 |
| Distance from 52-week high | -30.6% | -55.6% | 2nd highest of 6 |
| Revenue growth (TTM) | +13.5% | -2.6% | highest of 5 |
| Operating margin | 28.1% | 5.8% | highest of 5 |
| EV / Sales | 1.6× | 0.9× | 2nd most expensive of 5 |
| Growth the price implies (Req g, 7 yrs) | -12.0% | n/a | — |
| Growth delivered (Del g) | +14.7% | n/a | — |
| Hurdle (Req g minus delivered) | -26.7 pp | n/a | — |
| ROIC minus cost of capital | +0.2 pp | +1.2 pp | 3rd lowest of 6 |
| EV / EBITDA | 5.4× | n/a | — |
| Net debt / EBITDA | -0.1× | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hankook & 000240.KS | South Korea | $1.71B | -2% | +13% | 28% | 1.6× | -12.0% | +14.7% |
| QuantumScape QS | United States | $2.66B | -43% | n/a | n/a | n/a | n/a | n/a |
| Versigent VGNT | United States | $2.90B | -2% | +6% | 8% | 0.6× | -2.5% | +3.2% |
| Solid Power SLDP | United States | $453M | -35% | -66% | -1,475% | 29.4× | n/a | n/a |
| Aptiv APTV | United States | $7.98B | -32% | -5% | 10% | 0.7× | -6.8% | +9.3% |
| BYD 1211.HK | Hong Kong | $98.9B | -26% | 0% | 4% | 1.0× | n/a | n/a |