statement
The target price applies the past 3-year average P/E band of 11.9x and 12-month forward EPS of 4,695 KRW (previously 4,885 KRW), considering entry into the Physical AI value chain including robotaxi and robotics actuators.
A statement by 현대차증권. Statements are as reported by the cited publishers — not verified by DecisionGateway.
과거 3년 P/E 밴드 평균(11.9배)과 12개월 선행 예상 EPS 4,695원(기존 4,885원) 적용
Discussion
Related claims
The high Target P/E is justified by the possibility of escaping two years of losses, shareholder returns and additional M&A using about 9천억 cash, and the arrival of a major new-title cycle, but full transition to a profit-growth phase in 28년 is needed to justify it.현대차증권 인터넷/게임 최승호 · predictionThe target price is cut to KRW 370,000 (Buy maintained), derived by applying a target P/B of 1.1 to 12M forward BPS (sustainable ROE 15.3%, COE 13.5%), with sustainable ROE lowered to reflect reduced earnings estimates from a lower average daily trading value forecast.현대차증권 증권 김성훈 · statementThe target price is raised to 15,000원 from 13,000원 on higher earnings estimates, maintaining the stock as top trading pick and keeping the Target P/E of 25x.현대차증권 인터넷/게임 최승호 · commitmentThe investment opinion BUY is maintained with a target price of 70,000 KRW, applying a Target P/E of 8.7x to 2028F EPS of 8,158 KRW.현대차증권 조선/방산 백주호 · commitmentThe price target implies an upside of nearly 38% from Tuesday’s closing price of Rs 4,025.thefinancialexpressonline · statement27F EPS 5,001원에 Target Multiple 13.4배(글로벌 Peer Group인 Camtek, Onto Innovation의 평균 Multiple 대비 20% Discount) 적용하여 목표주가 산출.김종배 · statement
More claims by 현대차증권
The next-generation platform order from a US EV OEM expected in 3Q has slipped to early 2027, and 3rd-generation humanoid robot mass production may be delayed versus the 2028 guidance.prediction2026 guidance targets revenue of 9.6 trillion KRW (+1.8%) and an OPM in the low 4% range, with the 2026 order target set at 13.0 trillion KRW (2025 orders 11.9 trillion KRW).statementCumulative 3Q26 new orders reached 7.6 trillion KRW, 56% of the annual target, with electrified components at 76% of the mix.statement3Q26 revenue was 2.3 trillion KRW (-0.0% yoy, -7.0% qoq) and net profit attributable to owners was -47.1 billion KRW (turn to loss yoy and qoq).statementInvestment opinion BUY maintained; target price lowered 8.5% to 54,000 KRW.statement
All claims by 현대차증권