[STOCK WATCH] Hankook Tire Worldwide up 1%

By thinkpool

Published : Oct. 28, 2016 - 13:47

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■ Market Review

As of Oct. 28 12:10 P.M., Hankook Tire Worldwide (000240) increased 1.38% to 22,100 won (US$ 19.30). It had declined 6.36% through the past month. Standard deviation, which indicates risk, records 1.9% on the same period over one month.

Compared with its close competitors within the same industry, KOSPI, the monthly volatility of Hankook Tire Worldwide was not so high, the earnings rate for 1 month was also the lowest with decline of stock price. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -3.3%. As bearish stock price trend, the return-on-risk was poor, compared with its peer group. Moreover, compared with the KOSPI industry, the return-on-risk is below the industrial mean, -2.6, and thus it is hard to say that the industrial comparison performance was positive.

Comparing industry to the market, the KOSPI industry including Hankook Tire Worldwide records higher volatility but lower earning rate than Services. Even though the earning rate of the industry is negative, the industry was more satisfactory than the market.

Earning rate (%)

Close Competitors

Target price KRW 30,000, has 35% disparate to increase compared with stock price.
Per analysts' expectations during the recent month, the average target price of Hankook Tire Worldwide is 30,000 won. The stock price is 22,100 won so there is 7,900 won (35%) disparate in order to be able to increase.

■ Earnings & Valuation

HANKOOK TIRE WORLDWIDE(000240): 2Q(Apr ~ June) of 2016 Earnings (reported at Aug. 17. 2016)

Revenue

Financial structure Overview

Compared with 4 close competitors with similar market capitalization within its industry, while Hankook Tire Worldwide's P/E ratio, a price-paid ratio of annual net income, is in the lowest level, its P/B ratio, a financial ratio of a company's book value, records a proper value.

P/E ratio and P/B ratio

Close Compatitors ROE

■ Investor Group

Individuals and Foreigners buy, Institutions sell
From Sept. 29, foreigners have been continuously buying Hankook Tire Worldwide during the past 20 trading days. As a shareholding sum by investor group for the past 4 weeks, foreigners have bought 704,306 shares with a maintenance of shareholding and individuals have bought 78,578 shares with an increasing position. However, during the same period, institutions have sold 782,884 shares with a selling trend.

Turnover Rate and Price Range both proper
Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of Hankook Tire Worldwide was 0.12%. And the daily volatility, the average range of rise and fall, during the same period is 1.84%.

Institution 45.27%, Foreigners 35.39%
As per the inquiry for shareholding by investor group, the major investor group is institutions with 45.27% from total outstanding shares. Foreigners and individuals each hold 35.39% and 19.33%. And as recent 5-day shareholding change by investor group, institutions is the major investor group with 46.07%. Foreigners hold 36.22% and individuals hold 17.7%.

Cumulated shareholdings per investor group (1Mo)

* Other Investor groups, included as "other corporations", are considered as "Individuals".

By HeRo (hero@heraldcorp.com)

This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp

[STOCK WATCH] Hankook Tire Worldwide up 1%

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