HD Korea Shipbuilding & Offshore EngineeringHD한국조선해양
009540 · KOSPI · ₩HDKSOE · HD한국조선해양
Analyst target price
Average target
₩447,667
Upside
+92.1%
Range ₩410,000 – ₩470,000 · 3 brokers (latest target within 6 months)
Buy 1
Consensus target vs price, 2 years
Earnings estimates
Brokers' earnings estimates and how they've been revised, with Pro.
Unlock with ProBroker reports
| Date | Broker | Report | Rating | Target | Change | Upside | Since publish | Read |
|---|---|---|---|---|---|---|---|---|
| Oct 29 | Yuanta Securities Korea | Year-end shareholder return yield alone at 6%; this is serious | Buy | ₩463,000 | New | +98.7% | 0.0% | Read ↗ |
| Sep 29 | Mirae Asset Securities | [Shipbuilding/AI Engine] HD Korea Shipbuilding & Offshore Engineering (009540/Buy/New) How High Will the Dividend Yield Go? | — | ₩470,000 | New | +101.7% | −28.0% | Read ↗ |
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 26 | IBK Securities | ₩410,000 | — | Reported by Chosun Biz | |
| Oct 21 | KB Securities | — | Cut | — | Reported by Yonhap News Agency |
| Oct 21 | — | — | Cut | — | Reported by Asia Economy |
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.
HD Korea Shipbuilding's trailing profits are strong, but the share price has fallen sharply over the past year.
Trailing twelve-month figures to H1 2026 show revenue of ₩32.8T, operating income of ₩5.1T and net income of ₩3.4T, a clear improvement on 2021 to 2023 losses and a smaller profit in 2023 than in 2025. The share price closed at ₩248,000 on 2026-10-23, down 44.4% over one year and near its 52-week low of ₩236,500. Recent filings and news centre on new shipbuilding orders and analyst target price cuts ahead of third-quarter results.
What stands out
- Trailing operating margin is 15.5% versus 13.0% for 2025 and 5.6% for 2024, and trailing net margin is 10.5%.
- The company reports cash of ₩11.0T against borrowings of ₩3.0T, but liabilities are 146.9% of equity.
- Trailing free cash flow is ₩4.7T, and the data shows a dividend yield of 5%.
- The price is well below the NAV-based base fair value of ₩197,666 in the data, which is also below the current share price; the bear and bull values are ₩131,778 and ₩276,733.
- On 2026-10-15 the company reported a ₩625.8B order for four gas carriers, which the news says is 83% of its annual order target.
- Foreign ownership rose slightly to 33.6% from 33.4% sixty days earlier, while institutions were net sellers over the last 20 days.
What to watch
- Third-quarter results: news reports say KB Securities cut its target price and expects third-quarter earnings to fall short of forecasts; the data includes preliminary earnings filings dated 2026-10-19.
- Pending filings: several major sales or supply contracts were amended in late September and October, and a response to a rumour or news report was filed on 2026-10-23.
- Price and flows: the share price has fallen 33.3% over three months and institutional selling continued in the last 20 days; the data does not name specific risks beyond these.
Data as of Oct 23, 2026 · written 4d ago
This is not financial advice.
Also known as: HD Korea Shipbuilding & Offshore Engineering / HD한국조선해양 / 009540 / KRX:009540
Source: KRX statistical information