Hyundai Motor Company is listed on the Korea Exchange (KRX) under the ticker symbol 005380. It is a member of the KOSPI 200 and other KOSPI indexes, demonstrating its position in the South Korean stock market.
Hyundai Motors Today (005380.KS)
Hyundai Motor Company is a South Korean automotive manufacturer headquartered in Seoul that was founded in 1967. The automotive company is one of the largest in the world, known for its broad range of vehicles, from compact cars to SUVs and luxury models. In recent years, Hyundai has also been a key player in the development of electric vehicles (EVs) and hydrogen fuel cell technology.
The company operates globally, selling vehicles in various countries, including 47 in Europe. In addition, Hyundai has a strong presence in markets such as the US and China. Hyundai’s push toward EVs and autonomous driving technologies is supported by significant investments in research and development.
YOUR CAPITAL IS AT RISK
Motor Industry Comparison
Hyundai Motors EPS and Revenue Breakdown 2020-2023
| Year | Operating Profit | Annual Revenue |
|---|---|---|
| Year | Operating Profit | Annual Revenue |
| 2020 | KRW 2.78 trillion | KRW 104.00 trillion |
| 2021 | KRW 6.68 trillion | KRW 117.61 trillion |
| 2022 | KRW 9.82 trillion | KRW 142.50 trillion |
| 2023 | KRW 15.12 trillion | KRW 162.70 trillion |
Hyundai Motors Share Price & Dividend Yield
Hyundai has experienced significant growth over the years, although it has slowed somewhat since around 2013. Its stock price hit a high of KRW 289,000 in January 2021. However, in June, it was topped, with the stock making a new all-time high of KRW 299,500. As of September 27, 2024, the stock is trading around KRW 254,500 after a pullback.
Dividend Yield: 5.46%
YOUR CAPITAL IS AT RISK
Hyundai Motors Share Price Forecast
According to data from TradingView, out of 30 analysts covering Hyundai Motor, 28 have issued it a Buy rating, while two have assigned it a Hold rating.
A View From The Bulls: Analysts at Mirae Asset Securities maintained their Buy rating on Hyundai Motor in an August note, with a price target of KRW 385,000 a share. The firm said they expect Hyundai “to further enhance shareholder returns using proceeds from the IPO of its Indian subsidiary (set for October).” In addition, they believe the company’s “market share gains backed by its strong HEV lineup and price competitiveness deserve attention.” Mirae maintained Hyundai as its top pick.
A View From The Bears: While bearish analyst notes on Hyundai are hard to come by, investors may want to consider several factors that may impact the company’s performance. The intense competition in the global automotive market, coupled with economic uncertainty, could limit Hyundai’s market share and profitability. There have also been concerns about slowing demand in China, rising competition in the EV market, and supply chain challenges as potential obstacles to growth.
Average Analyst Consensus 12-Month Price Target: KRW 347,000
Our View: Hyundai Motor has made significant strides in balancing its business as a traditional automaker as well as becoming a key player in the electric and sustainable vehicle market. Overall, we believe Hyundai is well-positioned to capitalise on the shift toward clean energy and EVs. However, investors should always be mindful of external risks such as those mentioned in the bearish view.
Who Should Buy Hyundai Motor Shares?
Hyundai Motor is appealing to investors who are interested in the electric vehicle market. The company’s expansion into EVs, along with its commitment to hydrogen fuel cell technology, positions it as a forward-looking automaker capable of competing with global giants.
Investors with a long-term view who are optimistic about the continued growth of the automotive market (whether that is EVs or traditional vehicles) may find Hyundai shares attractive.
Income-seeking investors may also appreciate Hyundai’s dividend policy. The company has a solid dividend yield and consistent payouts, making it a dependable choice for those looking for a balance between income and growth potential.
Hyundai’s shares may be better suited to those confident in the company’s ability to navigate challenges like declines in demand and economic uncertainty. However, short-term investors should be prepared for volatility, as the automotive industry remains sensitive to economic cycles, technological changes, and geopolitical factors.
