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Hyundai Motor Group's core auto-parts maker, supplying chassis/cockpit modules, EV components and after-sales parts.
Hyundai Motor Group's core auto-parts maker, supplying chassis/cockpit modules, EV components and after-sales parts.
Most sales go to Hyundai and Kia, which buy complete modules such as cockpits and chassis rather than loose parts, so output follows group vehicle production. The after-sales parts business, selling replacements through dealers worldwide, is the steadier earner. Group companies, mainly Hyundai Motor and Kia, are its largest shareholders.
In one line: Hyundai/Kia's captive Magna/Aptiv..
Moat: narrow (scale, switching costs, customer qualification). Primary module and EV-parts supplier to Hyundai/Kia platforms; hard to displace mid-program.
Headquarters: Seoul, South Korea · Founded: 1977 · Employees: 12,535
Size Mobis (012330.KS) is a South Korea Consumer Discretionary company (Auto Parts: OEM) with a market value of $22.3B, the 17th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩349,000 on 6 Nov 2026.
Performance Over six months the shares fell 17.9%, against -3.9% for the median peer and -24.5% for the South Korea market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 4.3% over the last twelve months (peer median +13.6%); the operating margin is 5.8% (peer median 9.7%).
Valuation It trades at 8.3× forward earnings against a peer median of 21.2× (2nd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -12 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.3 points below its cost of capital (8.7% WACC).
Next results Next results expected around 22 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩63.0T | ₩61.1T | ₩57.2T | ₩59.3T | ₩51.9T |
| Revenue growth | — | +7% | -3% | +14% | — |
| Gross profit | n/a | ₩8.83T | ₩8.06T | ₩6.76T | ₩5.99T |
| EBITDA | n/a | ₩4.52T | ₩4.06T | ₩3.22T | ₩2.93T |
| Net income | ₩3.30T | ₩3.66T | ₩4.06T | ₩3.42T | ₩2.49T |
| Free cash flow | n/a | ₩2.88T | ₩1.81T | ₩1.80T | -₩25.6B |
| Capital expenditure | n/a | ₩1.52T | ₩2.37T | ₩1.91T | ₩1.22T |
| Total debt | n/a | ₩3.67T | ₩3.55T | ₩2.75T | ₩3.64T |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Mobis 012330.KS | $22.3B | -18% | +4% | 6% | 8.3× | -1.0% |
| Magna International MG.TO | $16.1B | +4% | 0% | 6% | 8.2× | 0.1% |
| Aptiv APTV | $7.98B | -32% | -5% | 10% | 6.8× | -6.8% |
| Denso 6902.T | $32.5B | -1% | +7% | 7% | 12.1× | 3.4% |
| Continental CON.DE | $15.8B | +2% | -35% | n/a | 12.1× | -0.2% |
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 | 012330.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.6% | 0.0% | 5th lowest of 21 |
| 6-month return | -17.9% | -3.9% | 5th lowest of 21 |
| Distance from 52-week high | -57.5% | -21.2% | 2nd lowest of 21 |
| Revenue growth (TTM) | +4.3% | +13.6% | 6th lowest of 21 |
| Operating margin | 5.8% | 9.7% | 5th lowest of 21 |
| Forward P/E | 8.3× | 21.2× | 2nd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -1.0% | 9.1% | 2nd least demanding of 21 |
| Growth delivered (Del g) | +10.8% | +8.3% | 9th highest of 21 |
| Hurdle (Req g minus delivered) | -11.8 pp | -1.2 pp | 2nd least demanding of 21 |
| ROIC minus cost of capital | -3.3 pp | +2.0 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mobis 012330.KS | South Korea | $22.3B | -18% | +4% | 6% | 8.3× | -1.0% | +10.8% |
| Shenzhen Inovance Technology 300124.SZ | China | $23.0B | -17% | +19% | 10% | 27.0× | 21.3% | +31.4% |
| Weichai Power 2338.HK | Hong Kong | $24.0B | -50% | +14% | 7% | 11.0× | -7.0% | +2.6% |
| ITT ITT | United States | $18.4B | 0% | +28% | 17% | 21.6× | 20.9% | +9.7% |
| Sumitomo Electric Industries 5802.T | Japan | $27.3B | -47% | +14% | 9% | 11.4× | 13.3% | +11.9% |
| Jiangsu Hengli Hydraulic 601100.SS | China | $17.9B | -15% | +31% | 24% | 38.2× | 24.0% | +6.9% |
| Samvardhana Motherson International MOTHERSON.NS | India | $17.9B | +22% | +14% | 6% | 30.2× | 30.9% | +17.0% |
| Knorr-Bremse KBX.DE | Germany | $17.1B | -9% | +4% | 13% | 20.7× | 8.6% | +4.9% |
| Magna International MG.TO | Canada | $16.1B | +4% | 0% | 6% | 8.2× | 0.1% | +6.0% |
| Bosch BOSCHLTD.NS | India | $15.8B | +34% | +14% | 12% | 49.7× | 46.8% | +15.7% |
| Denso 6902.T | Japan | $32.5B | -1% | +7% | 7% | 12.1× | 3.4% | +8.8% |
| Cummins India CUMMINSIND.NS | India | $11.9B | -25% | +15% | 19% | 43.5× | 39.5% | +22.7% |
| Ningbo Tuopu 601689.SS | China | $11.7B | -26% | +11% | 9% | 29.9× | 15.3% | +35.4% |
| Trelleborg TREL-B.ST | Sweden | $10.1B | +19% | +2% | 19% | 22.9× | 9.6% | +2.6% |
| Aisin 7259.T | Japan | $9.78B | -14% | +6% | 4% | 10.0× | -0.3% | +7.7% |
| Donaldson DCI | United States | $9.77B | -2% | +5% | 16% | 19.5× | 8.3% | +6.4% |
| Allison Transmission ALSN | United States | $9.65B | -6% | +71% | 20% | 11.0× | 2.6% | +7.7% |
| Niterra 5334.T | Japan | $9.01B | +5% | +16% | 19% | 9.9× | 4.0% | +11.3% |
| Autoliv ALV | United States | $8.89B | +2% | +4% | 10% | 11.0× | 2.6% | +7.7% |
| HELLA GmbH & Co. KGaA HLE.DE | Germany | $8.26B | -7% | -1% | 5% | 34.7× | 2.4% | +6.1% |
| UNO Minda UNOMINDA.NS | India | $8.11B | +16% | +19% | 8% | 53.6× | 46.9% | +25.0% |