Financials Hyundai Motor Company

Equities

A005380

KR7005380001

Auto & Truck Manufacturers

End-of-day quote Korea S.E. Other stock markets 2024-09-12			5-day change	1st Jan Change
232,000.00 ^KRW	+3.80%		+1.31%	+14.00%

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Projected Income Statement: Hyundai Motor Company

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	105,790	103,998	117,611	142,528	162,664	173,238	179,360	186,919
Change	-	-1.69%	13.09%	21.19%	14.13%	6.5%	3.53%	4.21%
EBITDA ¹	7,437	7,259	11,235	14,867	20,073	21,041	21,255	21,871
Change	-	-2.4%	54.76%	32.33%	35.02%	4.82%	1.02%	2.9%
EBIT ¹	3,606	2,781	6,679	9,820	15,127	15,715	15,621	16,088
Change	-	-22.86%	140.14%	47.03%	54.05%	3.89%	-0.6%	2.99%
Interest Paid ²	-316,979	-362,377	-304,542	-1,054,228	-970,700	-559,000	-561,889	-582,556
Earnings before Tax (EBT) ¹	4,164	2,480	7,960	10,948	17,619	19,577	18,941	19,645
Change	-	-40.44%	220.96%	37.54%	60.93%	11.11%	-3.25%	3.72%
Net income ¹	2,980	1,618	4,942	7,364	11,962	13,803	13,272	13,720
Change	-	-45.72%	205.52%	49.01%	62.43%	15.4%	-3.85%	3.37%
Announcement Date	20-03-04	21-01-26	22-01-25	23-01-26	24-01-25	-	-	-

¹KRW in Billions²KRW in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	26,969	27,868	25,319	21,859	27,576	29,243	27,391	30,326	28,867	31,026	30,299	36,000	37,705	38,524	37,779	42,250	41,003	41,669	40,659	45,021	42,843	44,529	37,939	41,608	39,184	40,392
Change	-	3.33%	-9.15%	-13.67%	26.15%	6.05%	-6.33%	10.72%	-4.81%	7.48%	-2.35%	18.82%	4.74%	2.17%	-1.93%	11.83%	-2.95%	1.63%	-2.43%	10.73%	-4.84%	3.94%	-14.8%	9.67%	-5.83%	3.08%
EBITDA ¹	1,350	2,154	1,873	1,629	752.4	2,761	2,742	3,012	-	-	-	-	2,760	-	-	-	5,047	7,154	4,839	5,552	5,004	-	-	-	-	-
Change	-	59.56%	-13.06%	-13.01%	-53.82%	266.94%	-0.67%	9.83%	-100%	-	-	-	-	-100%	-	-	-	41.74%	-32.36%	14.73%	-9.87%	-100%	-	-	-	-
EBIT ¹	378.5	1,164	863.8	590.3	-313.8	1,641	1,657	1,886	1,607	1,530	1,929	2,980	1,552	3,359	3,593	4,238	3,822	3,408	3,557	4,279	3,959	3,910	3,216	3,272	2,941	2,463
Change	-	207.62%	-25.82%	-31.66%	-	-	0.95%	13.85%	-14.81%	-4.79%	26.1%	54.48%	-47.92%	116.47%	6.95%	17.96%	-9.82%	-10.83%	4.39%	20.29%	-7.49%	-1.22%	-17.76%	1.74%	-10.12%	-16.25%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	429	1,132	724.3	596.3	-362.3	1,522	2,046	2,502	1,937	1,474	2,279	3,889	2,042	2,739	4,591	4,834	4,667	3,258	4,727	5,566	4,866	4,556	4,222	4,286	3,865	3,210
Change	-	163.85%	-36.02%	-17.67%	-	-	34.48%	22.27%	-22.58%	-23.89%	54.56%	70.66%	-47.49%	34.11%	67.64%	5.3%	-3.46%	-30.19%	45.09%	17.74%	-12.57%	-6.37%	-7.34%	1.52%	-9.82%	-16.95%
Net income ¹	426.9	804.4	463.3	227.4	-336.1	1,263	1,327	1,762	1,306	546.9	1,585	2,803	1,272	1,704	3,312	3,235	3,190	2,225	3,231	3,970	3,252	3,016	2,857	2,904	2,621	2,151
Change	-	88.42%	-42.4%	-50.92%	-	-	5.08%	32.75%	-25.86%	-58.13%	189.8%	76.88%	-54.64%	34.03%	94.3%	-2.31%	-1.4%	-30.23%	45.18%	22.87%	-18.09%	-7.24%	-5.29%	1.65%	-9.75%	-17.93%
Announcement Date	19-10-24	20-03-04	20-04-23	20-07-23	20-10-26	21-01-26	21-04-22	21-07-22	21-10-26	22-01-25	22-04-25	22-07-21	22-10-24	23-01-26	23-04-25	23-07-26	23-10-26	24-01-25	24-04-25	24-07-25	-	-	-	-	-	-

¹KRW in Billions

Estimates

Forecast Balance Sheet: Hyundai Motor Company

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	56,716	62,185	74,419	65,747	80,472	99,802	97,230	93,690
Change	-	9.64%	19.67%	-11.65%	22.4%	24.02%	-2.58%	-3.64%
Announcement Date	20-03-04	21-01-26	22-01-25	23-01-26	24-01-25	-	-	-

¹KRW in Billions

Estimates

Cash Flow Forecast: Hyundai Motor Company

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	3,587	4,688	4,304	4,015	7,071	7,117	6,407	6,530
Change	-	30.7%	-8.18%	-6.72%	76.11%	0.66%	-9.99%	1.92%
Free Cash Flow (FCF) ¹	-3,166,932	-5,097,649	-3,127,918	6,612,342	-9,589,518	9,871,382	11,299,070	11,099,300
Change	-	60.96%	-38.64%	-311.4%	-245.02%	-202.94%	14.46%	-1.77%
Announcement Date	20-03-04	21-01-26	22-01-25	23-01-26	24-01-25	-	-	-

¹KRW in Million

Estimates

Forecast Financial Ratios: Hyundai Motor Company

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	7.03%	6.98%	9.55%	10.43%	12.34%	12.15%	11.85%	11.7%
EBIT Margin (%)	3.41%	2.67%	5.68%	6.89%	9.3%	9.07%	8.71%	8.61%
EBT Margin (%)	3.94%	2.38%	6.77%	7.68%	10.83%	11.3%	10.56%	10.51%
Net margin (%)	2.82%	1.56%	4.2%	5.17%	7.35%	7.97%	7.4%	7.34%
FCF margin (%)	-2,993.59%	-4,901.7%	-2,659.55%	4,639.34%	-5,895.31%	5,698.17%	6,299.65%	5,938.03%
FCF / Net Income (%)	-106,271.14%	-315,119.03%	-63,287.99%	89,788.36%	-80,168.41%	71,513.78%	85,135.04%	80,900.44%
Profitability
ROA	1.59%	0.77%	2.23%	3.01%	4.45%	4.81%	4.49%	4.47%
ROE	4.32%	2.77%	7.16%	9.36%	13.68%	14.05%	12.32%	11.6%
Financial Health
Leverage (Debt/EBITDA)	7.63x	8.57x	6.62x	4.42x	4.01x	4.74x	4.57x	4.28x
Debt / Free cash flow	-0.02x	-0.01x	-0.02x	0.01x	-0.01x	0.01x	0.01x	0.01x
Capital Intensity
CAPEX / Current Assets (%)	3.39%	4.51%	3.66%	2.82%	4.35%	4.11%	3.57%	3.49%
CAPEX / EBITDA (%)	48.23%	64.58%	38.31%	27.01%	35.22%	33.83%	30.14%	29.86%
CAPEX / FCF (%)	-0.11%	-0.09%	-0.14%	0.06%	-0.07%	0.07%	0.06%	0.06%
Items per share
Cash flow per share ¹	2,071	-2,043	-5,865	53,207	-12,416	64,119	64,162	61,521
Change	-	-198.65%	187.14%	-1,007.18%	-123.34%	-616.41%	0.07%	-4.12%
Dividend per Share ¹	4,000	3,000	3,050	6,000	11,400	12,809	12,906	13,176
Change	-	-25%	1.67%	96.72%	90%	12.36%	0.76%	2.09%
Book Value Per Share ¹	345,591	346,315	373,849	412,292	455,972	381,715	419,784	458,890
Change	-	0.21%	7.95%	10.28%	10.59%	-16.29%	9.97%	9.32%
EPS ¹	11,310	5,454	18,979	28,521	45,703	55,973	54,584	56,522
Change	-	-51.78%	247.98%	50.28%	60.24%	22.47%	-2.48%	3.55%
Nbr of stocks (in thousands)	225,128	222,747	223,072	222,908	224,802	262,885	262,885	262,885
Announcement Date	20-03-04	21-01-26	22-01-25	23-01-26	24-01-25	-	-	-