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Hankook Tire & Technology Co (XKRX:161390) Profitability Rank : 8 (As of Mar. 2024)


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What is Hankook Tire & Technology Co Profitability Rank?

Hankook Tire & Technology Co has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Hankook Tire & Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 was 18.74%. As of today, Hankook Tire & Technology Co's Piotroski F-Score is 7.


Competitive Comparison of Hankook Tire & Technology Co's Profitability Rank

For the Auto Parts subindustry, Hankook Tire & Technology Co's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hankook Tire & Technology Co's Profitability Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hankook Tire & Technology Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Hankook Tire & Technology Co's Profitability Rank falls into.



Hankook Tire & Technology Co Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Hankook Tire & Technology Co has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Hankook Tire & Technology Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=398743.307 / 2127259.81
=18.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Hankook Tire & Technology Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Hankook Tire & Technology Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Hankook Tire & Technology Co Profitability Rank Related Terms

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Hankook Tire & Technology Co (XKRX:161390) Business Description

Traded in Other Exchanges
N/A
Address
133 Teheran-ro, Gangnam-Gu, Seoul, KOR
Hankook Tire & Technology Co Ltd is a manufacturer of rubber automotive tires. The company produces and sells automotive tires under the Hankook, Laufenn, Aurora, and Kingstar brands. The tires are used on passenger cars, sport utility vehicles, vans, transporters, trucks, and busses. The firm's largest end markets by tire sales are Europe, the Americas, and China.

Hankook Tire & Technology Co (XKRX:161390) Headlines

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