Hankook Tire Worldwide (000240) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Hankook Tire Worldwide KRW 33,642, price KRW 24,650, upside +36.5%, quality 67 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Hankook Tire Worldwide for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 8,967 KRW – 33,620 KRW · fair‑value band 17,803 KRW – 55,944 KRW · the 24,650 KRW price screens below the 33,642 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
Follow Hankook Tire Worldwide in your weekly email
Every Wednesday you see whether Hankook Tire Worldwide is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Hankook & Company Co., Ltd. manufactures and sells smart energy solutions. The company offers batteries for automotives, commercial vehicles, leisure, and industrial sectors. The company was formerly known as Hankook Technology Group Co., Ltd. and changed its name to Hankook & Company Co., Ltd. in December 2020. Hankook & Company Co., Ltd.
Show more
Hankook & Company Co., Ltd. manufactures and sells smart energy solutions. The company offers batteries for automotives, commercial vehicles, leisure, and industrial sectors. The company was formerly known as Hankook Technology Group Co., Ltd. and changed its name to Hankook & Company Co., Ltd. in December 2020. Hankook & Company Co., Ltd. was founded in 1941 and is headquartered in Seoul, South Korea.
Stock analysis
Hankook Tire Worldwide (000240) currently trades at 24,650 KRW, while our model-based Fair Value estimate is 33,642 KRW, implying the stock looks roughly 26.7% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 102,282 KRW per share, and 22 of the 24 models we run sit above the 24,650 KRW price.
Bear case: the Growth DCF group reads lowest at 33,735 KRW, and 2 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: 17,803 KRW (bear) to 55,944 KRW (bull), the price of 24,650 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Hankook Tire Worldwide reported revenue of 1.5T KRW in FY2025 versus 963B KRW in FY2021, a compound +10.9%/yr. Reported net income was 347B KRW in FY2025, compounding +15.2%/yr from FY2021.
Key figures
Market cap 2.3T KRW (≈ $1.6B) · P/S ratio 1.67 · Dividend yield 4.5% · Net margin 23.8% · Return on equity 7.5% · Return on assets (EBIT) 6.6% · Operating margin 32.6% · Revenue (TTM) 1.4T KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at 36%, 000240 screens cheaper than that median.
Fair Value models
Bear 17,803 KRWFair Value 33,642 KRWBull 55,944 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.83/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+4.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.2%
Start year 2020 (pandemic). Over 10 years: +35.2% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in KRW (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+24.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+19.9%
Dividend (yield on the price)4.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.16% vs 6%, picking up
Profit margin 2019 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 28%
2025 sits 86% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−0.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about −2.5% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Auto Parts · 699 stocks
Beats the industry median on 8/9 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+37% · Above median
Profitability
Return on equity (TTM)8% · Above median
Return on assets5% · Above median
Net margin (TTM)25% · Top 25%
Operating margin (TTM)33% · Top 25%
Growth and dividend
Revenue growth−3% · Below median
Dividend yield (TTM)4.5% · Top 25%
Valuation Multiplesvs Auto Parts median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Hankook Tire Worldwide (000240) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 33,642 KRW versus a price of 24,650 KRW, about +36% upside (undervalued).
What is the fair value of 000240?
Our model-based fair value for Hankook Tire Worldwide is 33,642 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 24,650 KRW.
What is the quality score of 000240?
Hankook Tire Worldwide has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hankook Tire Worldwide (000240)?
Our model-based price target is the fair value of 33,642 KRW (as of Sep 24, 2026) from 24 valuation models. Cautious scenario 17,803 KRW, optimistic scenario 55,944 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Hankook Tire Worldwide stock forecast for 2026?
Our models put fair value at 33,642 KRW, about +36% upside versus a price of 24,650 KRW (undervalued). Cautious scenario 17,803 KRW, optimistic scenario 55,944 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Hankook Tire Worldwide (000240)?
Hankook Tire Worldwide reported trailing-twelve-month revenue of about 1.4T KRW (latest available figure, as of Sep 24, 2026).
Does Hankook Tire Worldwide pay a dividend?
Hankook Tire Worldwide currently shows a dividend yield of about 4.46% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Hankook Tire Worldwide (000240)?
For today's price to be fair in a discounted-cash-flow model, Hankook Tire Worldwide would have to grow free cash flow by -0.4 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 000240 use?
Our models discount Hankook Tire Worldwide at 10.4 %: a base by market capitalisation (small), damped by beta 0.57, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Hankook Tire Worldwide that is -0.4 % per year a year over ten years, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Hankook Tire Worldwide (000240) delivered so far?
Over the past 5 years revenue at Hankook Tire Worldwide grew +12.2 % a year. The price currently implies -0.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Hankook Tire Worldwide (000240) growing?
The median revenue growth in the sector is +8.4 % a year. That is the yardstick for the growth priced into Hankook Tire Worldwide (-0.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Hankook Tire Worldwide (000240)?
The free-cash-flow yield on the price is 8.85 %: that much free cash flow Hankook Tire Worldwide produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hankook Tire Worldwide (000240)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hankook Tire Worldwide it is 33,642 KRW per share (as of Sep 24, 2026), against a price of 24,650 KRW. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Hankook Tire Worldwide stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 000240 trades below its calculated fair value: price 24,650 KRW, fair value 33,642 KRW, a gap of about +36% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 000240?
No. The price is what the market pays today (24,650 KRW); the fair value is what the company's own numbers justify (33,642 KRW). For Hankook Tire Worldwide the two are 8,992 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Hankook Tire Worldwide worth?
The market values Hankook Tire Worldwide at about 2.3T KRW (market capitalisation, as of Sep 24, 2026). Per share that is 24,650 KRW; our models calculate a fair value of 33,642 KRW per share.
What do the bullish and bearish scenarios say about 000240?
Our models span a range for Hankook Tire Worldwide: cautious scenario 17,803 KRW, base 33,642 KRW, optimistic 55,944 KRW per share (as of Sep 24, 2026, price 24,650 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Hankook Tire Worldwide (000240)?
Balance-sheet figures for Hankook Tire Worldwide (as of Sep 24, 2026): return on equity 7.5%. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is 000240 from its 52-week high?
Hankook Tire Worldwide trades at 24,650 KRW, about 27% below its 52-week high of 33,620 KRW and 15% above the low of 21,346 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 33,642 KRW is for.
Which stocks are comparable to Hankook Tire Worldwide?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, AutoZone, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hankook Tire Worldwide stock attractive at the current price?
The data as of Sep 24, 2026: price 24,650 KRW, calculated fair value 33,642 KRW (+36%), Quality Score 67/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 000240 calculated?
We run Hankook Tire Worldwide through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 33,642 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Hankook Tire Worldwide currently trades 36 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hankook Tire Worldwide (000240)?
The closing price on Sep 23, 2026 was 24,650 KRW. Our model-based fair value is 33,642 KRW, about +36% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hankook Tire Worldwide right now?
The model range is unusually wide (17,803 KRW to 55,944 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Hankook Tire Worldwide (000240) come from?
Earnings per share at Hankook Tire Worldwide grew +1.7 % a year from 2013 to 2024. Broken into its drivers: revenue per share +34.7 %, EBIT margin −21.8 %, tax rate −1.0 %, residual (interest, one-offs) −2.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Hankook Tire Worldwide
How large is the market capitalisation of Hankook Tire Worldwide (000240)?
The market capitalisation of Hankook Tire Worldwide is 2.3T KRW (≈ $1.6B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hankook Tire Worldwide (000240)?
The price-to-sales ratio of Hankook Tire Worldwide is 1.67 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Hankook Tire Worldwide (000240)?
The dividend yield of Hankook Tire Worldwide is 4.5%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hankook Tire Worldwide (000240)?
The net margin of Hankook Tire Worldwide is 23.8% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hankook Tire Worldwide (000240)?
The return on equity (ROE) of Hankook Tire Worldwide is 7.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hankook Tire Worldwide (000240)?
On an EBIT basis the return on assets of Hankook Tire Worldwide is 6.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hankook Tire Worldwide (000240)?
The operating margin of Hankook Tire Worldwide is 32.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hankook Tire Worldwide (000240)?
Revenue at Hankook Tire Worldwide is growing −2.7% versus a year earlier (3y avg +10.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hankook Tire Worldwide (000240)?
Earnings per share at Hankook Tire Worldwide are growing +8.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Hankook Tire Worldwide (000240) carry?
The net debt of Hankook Tire Worldwide is 142B KRW (fiscal year 2024, ≈ 0.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Hankook Tire Worldwide in the live analysis
One click puts Hankook Tire Worldwide on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
