Hyundai Motor Company(245,000 +3.59%) The biggest reason for hesitating to buy group stocks is that the stock price rose too quickly in the short term. However, as the variable called’Apple Car’ disappeared, the stock price was adjusted. The market interprets the negative consequences of’stopping negotiations with Apple and falling stock prices’ as’we can expect to rise at the rate originally expected’. This means that it could be an opportunity to buy Hyundai Motor Group stocks. This is the background for Hyundai Motor Group stocks to rebound from the 10th after a two-day adjustment on the 8th and 9th.
We heard opinions about Hyundai Motor Group stocks from experts. Most assessed that the automotive sector is still relatively cheap. Hyundai Motor Company, Kia, Hyundai Mobis(331,500 +1.84%)The 12-month leading price-earnings ratio (PER) of 12.17x, 8.95x and 11.07x, respectively. Jeong Myung-ji, head of the investment information team at Samsung Securities, even said, “In an era of asset bubble caused by low interest rates, the automobile sector is the only remaining clean area.” Although the variable of Apple has fallen below the surface for a while, global information technology (IT) platform companies are paying attention to entering the electric vehicle market, so the market’s growth potential is endless.
The announcement that Apple and Hyundai Motor Group are not negotiating will not have a significant impact. “With US President Joe Biden’s emphasis on’Made in the USA’, companies with production bases in the US are German Volkswagen, Japan Toyota, and Honda except for Hyundai Motor Company and Kia.” Said. He added, “Volkswagen has a small factory, and Toyota is still focusing on hybrids, so only Korean companies have proven’digital DNA’.” Even if the negotiations broke down, Apple could not help but consider Hyundai Motors as an alternative.
Head of the Center Go also said, “Hyundai Motor and Kia have taken advantage of the fact that their technology has improved enough to cooperate with Apple.” “As a result of the collaboration, Hyundai Motor Company’s electric vehicle platform E- GMP can achieve’economy of scale’ enough.”
From the beginning of this year, the Chief Investment Officer (CIO) of an asset management company in Korea said, “This year, Samsung Electronics(81,600 -1.33%)The Hyundai Motor Group will show a higher growth rate.” He said, “Apple has only become a catalyst to highlight the future-oriented value shown by Hyundai Motor Group.”
○ Which of the three sports to buy
Different securities companies have different opinions on whether to invest in Hyundai Motor, Kia, or Hyundai Mobis. NH Investment & Securities expressed the opinion that Hyundai Mobis has the greatest upside potential. Soo-Hong Cho, a researcher at NH Investment & Securities, said, “Hyundai Mobis’ electrification business, which makes powertrain with the launch of E-GMP this year, will show meaningful growth.” He added, “As automobile sales increase this year due to the economic recovery, the overall performance of the automobile industry will improve.” “At this time, parts makers have greater growth potential.” We suggested a target price of 530,000 won. It was seen that it could increase 62.8% compared to the stock price on the 9th.
Samsung Securities predicts that Kia will be good in the first half and Hyundai Mobis will be good in the second half. “Hyundai Motors is unlikely to hit a record high this year, but Kia is expected to achieve a record high this year in light of the consensus of securities companies,” said Jung Myung-ji, team leader. Regarding Hyundai Mobis, he analyzed that “As Hyundai Mobis technology is essential for collaboration with other companies, the stock price is expected to receive a premium in the second half of when collaboration between different industries becomes concrete.”
Korea Investment & Securities believes that Kia will have the highest upside potential. In particular, it paid attention to the purpose-based mobility (PBV) business, which Kia announced on the 9th that it will be released next year at’CEO Investment Day’. PBV is a customized vehicle that combines various bodies reflecting customer demand. Kia has experience in military vehicle development, so it is possible to design specially and also has related production lines. Kim Jin-woo, a researcher at Korea Investment & Securities, predicted, “There is a possibility that PBV’s customers will become global big tech companies in the future.”
On the other hand, there were opinions that it was pointless to prioritize Hyundai Motor Group stocks. Tae-Bong Ko, head of the center, said, “If you think about E-GMP, Hyundai Mobis will(86,400 +1.77%)Eh, if you think of robotics and urban air transportation (UAM), you should invest in Hyundai. It is difficult to prioritize because each individual company has a growth story.”
Reporter Jae-yeon Ko [email protected]