Hyundai Motor raises Kolmar Korea stock target to KRW 185,000

Published on 10/14/2026 at 02:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hyundai Motor lifted its target to KRW 185,000 from KRW 170,000 on October 14, 2026. Kolmar Korea stock traded at KRW 121,600 versus KRW 123,100.

Target revision and earnings outlook

Hyundai Motor Securities lifted its Kolmar Korea target from KRW 170,000 to KRW 185,000 on October 14, 2026.
Kolmar Korea reported KRW 861.3 billion in revenue and KRW 110.3 billion in operating profit in the second quarter of 2026.
Third-quarter revenue was forecast at KRW 831.4 billion and operating profit at KRW 91.1 billion on October 14, 2026.

Kolmar Korea, KR7161890009, Illustration mit AI erstellt.

Kolmar Korea stock (ISIN KR7161890009) received a higher target of KRW 185,000 from Hyundai Motor Securities on October 14, 2026, up from KRW 170,000. The analyst maintained a Buy rating and tied the revision to stronger domestic growth, expanded production capacity and rising orders from global clients, as Asia Business Daily reported.

Target rises with earnings estimates

Hyundai Motor Securities expects consolidated revenue of KRW 831.4 billion in the third quarter of 2026, up 21.7 percent year over year, and operating profit of KRW 91.1 billion, up 56.1 percent. The forecast leaves the company close to market expectations while highlighting continued demand for skincare products.

The valuation framework is also explicit. The analyst applied a 20-times 12-month forward price-to-earnings ratio to forecast earnings per share of KRW 9,466, while warning that the United States and China operations may remain loss-making in the third quarter, according to Asia Business Daily.

Three dated earnings signals

On September 14, 2026, Kolmar Korea was reported to have posted KRW 861.3 billion in second-quarter revenue and KRW 110.3 billion in operating profit, increases of 17.8 percent and 50.2 percent, respectively, from a year earlier, according to Asia Business Daily.

On October 6, 2026, Korea Investment and Securities projected third-quarter revenue of KRW 833.9 billion and operating profit of KRW 92.0 billion, representing year-over-year increases of 22.1 percent and 57.7 percent. Its target was raised from KRW 160,000 to KRW 185,000, as reported by Chosunbiz.

That sequence shows why the October 14 revision matters: the latest estimate is slightly below the October 6 revenue forecast, but still points to double-digit growth and a much higher operating result than the prior year. Capacity expansion at the Sejong plant in July 2027 is intended to support the next phase of volume growth.

KRW 121,600 on the KRX

Kolmar Korea traded at KRW 121,600 on the Korea Exchange on October 14, 2026 at 9:00 a.m. KST. Its market capitalization was KRW 2.9 trillion at the same timestamp, while the latest quarter showed a 12.8 percent operating margin.