Nexen Tire넥센타이어
002350 · KOSPI · ₩002350 · 넥센타이어
Broker reports
Calculated by JONBUR from publicly available broker reports. Reports belong to their publishers. Not financial advice. Includes brokers that publish research publicly; some brokers' reports are client-only and not included.
Reported in the news
| Date | Broker | Target | Change | Rating | Source |
|---|---|---|---|---|---|
| Oct 25 | Eugene Investment & Securities | — | Cut | — | Reported by Yonhap News Agency |
| Oct 25 | Eugene Investment & Securities | — | Cut | — | Reported by Etoday |
| Oct 25 | — | — | Cut | — | Reported by Maeil Business Newspaper |
Target prices and ratings as news headlines report them, for every broker, including the ones whose reports we don't collect. Only what the headline says; open the article for the rest. Not financial advice.
AI summary of public information
An AI summary of the public information on this company: filed financial statements, filings, prices and news headlines. It doesn't use broker reports; their targets and estimates are shown above.
Nexen Tire is profitable but thin-margin, and its shares have fallen sharply over the past year.
Nexen Tire's trailing results to H1 2026 show revenue of ₩3.34T and operating income of ₩175B, a 5.2% operating margin. The share price is ₩5,520, near its 52-week low of ₩5,460 and well below its high of ₩10,110, and it is down 12.4% over one year. Borrowings of ₩1.57T are large relative to cash of ₩161B, and the company provides a 3.6% dividend yield.
What stands out
- Revenue rose 12% in 2025 to ₩3.19T, but operating margin slipped from 6.9% in 2023 to 5.3% in 2025.
- 2022 was a loss year (net loss of about ₩28B), and 2021 margins were close to zero, so earnings have been volatile.
- Valuation is low on paper, with a P/E of 3.5 and P/B of 0.2, but ROE is only 7.7% and liabilities are 131.4% of equity.
- Brokerage Yuanta lowered its target price after third-quarter earnings reportedly fell short, citing FX and cost pressures, including high oil prices.
- Foreign ownership fell from 11.3% to 10.4% over about 60 days, and foreign investors were net sellers over the last 20 days.
What to watch
- Third-quarter and full-year results, especially whether margins recover from the current squeeze on costs and exchange rates.
- Further filings on guarantees of debt for other parties, which were disclosed in July and August 2026.
- The company profile was not included in the data, so details on business segments, strategy and governance are not available here.
Data as of Oct 23, 2026 · written 5d ago
This is not financial advice.
Also known as: Nexen Tire / 넥센타이어 / 002350 / KRX:002350
Source: KRX statistical information