Ipark Hyundai DevelopmentIPARK현대산업개발
294870 · KOSPI · ₩294870 · IPARK현대산업개발
Analyst target price
Average target
₩32,000
Upside
+32.5%
Range ₩30,000 – ₩34,000 · 2 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 26 | Yuanta Securities Korea | Outsourced Housing Growing More Attractive by the Day | Buy | ₩34,000 | Maintained | +40.8% | +8.3% | Read ↗ |
| Oct 23 | Hanwha Investment & Securities | [Construction] Ipark Hyundai Development [294870/Buy] [3Q26 Review] Waiting for a Valuation Trigger | Buy | — | — | +10.0% | Read ↗ | |
| Sep 21 | Yuanta Securities Korea | Both in-house and contract work look good, only top-line growth remains! | Buy | ₩34,000 | New | +40.8% | +2.8% | 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 25 | Hyundai Motor Securities | ₩30,000 | Raised | — | Reported by Etoday |
| Oct 25 | Hyundai Motor Securities | ₩30,000 | Raised | — | Reported by Edaily |
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.
Ipark Hyundai Development shows a sharp Q3 profit rebound and new contract wins, though its balance sheet remains heavily leveraged.
The company is a Korean construction and property developer whose trailing results to H1 2026 show revenue of ₩3.67T, operating income of ₩317B and net income of ₩184B. Recent filings and headlines point to stronger quarterly operating profit and several new project awards, while debt is high at 128.5% of equity and return on equity is 5.8%.
What stands out
- Trailing revenue is about ₩3.67T with an 8.7% operating margin, up from 6% in 2025 and 4.3% in 2024 on the reported annual figures.
- Quarterly operating profit reportedly passed ₩160B for the first time in six years, and Q3 operating profit was reported as up 127%.
- Recent headlines cite new construction wins, including the Geumjeong Station Area 1 project, and a raised annual order target of ₩10T.
- Revenue fell 2.6% in 2025 after a 1.6% rise in 2024, so top-line growth has been weak even as margins improved.
- Borrowings of ₩2.1T exceed cash of ₩810B, and the stock trades at about 0.4 times book value with a reported 3.1% dividend yield.
What to watch
- Full-year results and any further amended earnings outlook filings, since the latest outlook was amended on the data date.
- Progress on the share acquisition and other management matters recently filed, whose details are not in the data.
- Debt levels and cash flow: free cash flow is ₩513B on a trailing basis, but leverage remains high and the data does not include a forecast.
Data as of Oct 26, 2026 · written 4d ago
This is not financial advice.
Also known as: Ipark Hyundai Development / IPARK현대산업개발 / 294870 / KRX:294870
Source: KRX statistical information