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← CockpitCompetitor Analysis › 007340.KS Dn AutomotiveOpen in the cockpit ↗

Dn Automotive007340.KSCompetitor analysis, valuation and peers

South Korea · KRW·Consumer Discretionary›Auto Parts: OEM

Korean maker of auto parts (starters, motors) and, under DN Group, small-arms/defense equipment for the military.

Momentum neutral 57
Mkt cap
$1.46B
US dollars, full cap
Free float
36%
of shares outstanding
$/day
$5.92M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+4.3 pp
WACC 5.0%
Hurdle
-52 pp
Req g minus delivered
Next earnings
12 days
18 Nov 2026
Close · KRW₩38,300
1D-2.8%
1W-4.8%
1M-21.9%
3M-10.6%
6M-20.3%
YTD+59.6%
1Y+64.7%
ATR %6.3%
52w lowhigh43.3% off high

What Dn Automotive does

Korean maker of auto parts (starters, motors) and, under DN Group, small-arms/defense equipment for the military.

Auto-parts sales follow Hyundai and Kia's output through supply contracts for starters and motors, while small-arms revenue depends on defence-ministry contracts and export orders for rifles, so the two lines run on different cycles.

Products and services

  • Auto parts (starters, motors)
  • Small arms (K2 rifle family)
  • Machine tools (DN Solutions group)

Customers

  • Hyundai/Kia
  • South Korean military

Where it sits in the supply chain

  • Auto parts + defense
  • Auto components (OEM)
  • Small-arms manufacturing

What could go right

  • Defense export orders
  • Auto parts demand

What could go wrong

  • Defense budget dependence
  • Auto production cycles

Moat: narrow (regulatory licence, customer qualification). Licensed domestic small-arms maker plus a qualified auto-parts supplier to Hyundai/Kia.

Headquarters: Changwon, South Korea · Founded: 1981 · Employees: 1,604

Named competitors

Dn Automotive at a glance

Size Dn Automotive (007340.KS) is a South Korea Consumer Discretionary company (Auto Parts: OEM) with a market value of $1.46B, the 174th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩38,300 on 6 Nov 2026.

Performance Over six months the shares fell 20.3%, against -21.6% for the median peer and -24.5% for the South Korea market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue grew 16.8% over the last twelve months (peer median +9.5%); the operating margin is 14.9% (peer median 5.3%).

Valuation It trades at 1.0× enterprise value to sales against a peer median of 1.4× (8th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +36%, so the hurdle is -52 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 4.3 points above its cost of capital (5.0% WACC).

Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 77007340.KS 75
Six months, rebased to 100: Dn Automotive against the median of its 20 peers (local-currency closes).

Dn Automotive financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩4.15T₩3.68T₩3.43T₩3.27T₩3.16T
Revenue growth—+7%+5%+4%—
Gross profit₩1.16T₩960B₩890B₩819B₩773B
EBITDA₩718B₩611B₩602B₩567B₩490B
Net income₩388B₩282B₩285B₩275B₩181B
Free cash flow₩410B₩91.6B₩70.0B₩266B₩97.4B
Capital expenditure₩186B₩177B₩134B₩93.6B₩60.6B
Total debt₩2.25T₩2.06T₩2.01T₩2.42T₩2.71T

Quarterly statements and history in the cockpit →

Dn Automotive competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%-10%0%CIEINDIASEDEMAC600480OPM1316600458005850THRM0179131930092669956053331057300580002931301488ASKAUTOLTDVARROC300304007340.KS6-month return →1-month return →
Up and to the right = strong over both horizons. Dn Automotive is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×5×10×CIEINDIASEDEMAC600480OPM131660045800585013193009261057300580002931301488ASKAUTOLTDVARROC300304007340.KSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Dn Automotive is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%CIEINDIA600480OPM1316005850THRM017913191057300580VARROC300304007340.KSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Dn Automotive is the large dot.

Dn Automotive competitors and peer comparison

Head to head with its named competitors (007340.KS vs 012450.KS vs 064350.KS vs 6902.T)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Dn Automotive 007340.KS$1.46B-20%+17%15%1.0×-16.2%
Hanwha Aerospace 012450.KS$25.0B-53%+28%11%1.1×-7.0%
Hyundai Rotem 064350.KS$5.75B-73%+12%15%1.2×-4.0%
Denso 6902.T$32.5B-1%+7%7%0.7×3.4%

How Dn Automotive compares with its peers

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.

Dn Automotive against its 20 peers (data as of 6 Nov 2026)
Measure007340.KSPeer medianRank in peer set
1-month return-21.9%-4.5%2nd lowest of 21
6-month return-20.3%-21.6%11th highest of 21
Distance from 52-week high-43.3%-44.7%9th highest of 21
Revenue growth (TTM)+16.8%+9.5%7th highest of 21
Operating margin14.9%5.3%5th highest of 21
EV / Sales1.0×1.4×8th cheapest of 21
Growth the price implies (Req g, 7 yrs)-16.2%-4.6%3rd least demanding of 14
Growth delivered (Del g)+35.6%+9.2%highest of 14
Hurdle (Req g minus delivered)-51.8 pp-12.6 ppleast demanding of 14
ROIC minus cost of capital+4.3 pp+0.5 pp6th highest of 21
EV / EBITDA5.6×6.8×6th cheapest of 12
Net debt / EBITDA2.2×-0.6×most indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Dn Automotive 007340.KSSouth Korea$1.46B-20%+17%15%1.0×-16.2%+35.6%
CIE Automotive India CIEINDIA.NSIndia$1.42B-26%+12%11%1.3×8.6%+9.2%
SEDEMAC Mechatronics SEDEMAC.NSIndia$1.42B+56%+61%15%13.0×n/an/a
Lingyun Industrial 600480.SSChina$1.41B-25%+3%5%0.6×-12.3%+8.0%
OPmobility OPM.PAFrance$1.51B-42%-3%4%0.3×-8.1%+7.6%
Nexteer Automotive 1316.HKHong Kong$1.40B-14%+6%4%0.2×-13.5%+8.7%
Zhuzhou Times New Materials Technology 600458.SSChina$1.39B-17%+1%2%0.8×n/an/a
Slcorp 005850.KSSouth Korea$1.54B-25%+10%8%0.3×-19.7%+15.9%
Gentherm THRMUnited States$1.55B-7%+9%5%1.0×21.7%+10.4%
Johnson Electric 0179.HKHong Kong$1.56B-53%0%8%0.3×-16.4%+3.1%
Tong Yang Industry 1319.TWTaiwan$1.35B-1%-12%15%1.8×-5.9%+7.7%
Jiangsu Bojun Industrial Technology 300926.SZChina$1.35B-31%+54%13%2.4×n/an/a
Tokai Rika 6995.TJapan$1.57B0%+5%5%0.3×-4.6%+7.9%
Kunshan Huguang Auto Harness 605333.SSChina$1.32B-16%-2%2%1.4×n/an/a
Zhejiang Shibao 1057.HKHong Kong$1.32B-33%+22%4%2.3×26.8%+25.6%
Wuxi Best Precision Machinery 300580.SZChina$1.32B-40%+12%16%5.0×20.8%+10.1%
Zhejiang Fenglong Electric 002931.SZChina$1.30B-31%+2%0%15.9×n/an/a
Longhorn Auto 301488.SZChina$1.29B-32%+34%2%3.5×n/an/a
ASK Automotive ASKAUTOLTD.NSIndia$1.28B+35%+39%9%2.5×n/an/a
Varroc Engineering VARROC.NSIndia$1.28B+40%+22%6%1.3×29.9%+15.1%
Jiangsu Yunyi Electric 300304.SZChina$1.27B-19%+14%17%3.0×17.1%+23.4%

Questions

Who are Dn Automotive's main competitors?
Named competitors: Hanwha Aerospace (012450.KS), Hyundai Rotem (064350.KS), Denso (6902.T). The cockpit's measured peer set (industry) also includes CIE Automotive India (CIEINDIA.NS), SEDEMAC Mechatronics (SEDEMAC.NS), Lingyun Industrial (600480.SS), OPmobility (OPM.PA), Nexteer Automotive (1316.HK), Zhuzhou Times New Materials Technology (600458.SS).
Is Dn Automotive expensive compared with its peers?
On ev / sales it trades at 1.0× against a peer median of 1.4×, 8th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +36%, so the hurdle is -52 pp: the price already allows for a slowdown.
How has Dn Automotive stock performed?
Over six months to 6 Nov 2026 the shares returned -20.3% against -21.6% for the median peer; over one year +64.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.