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Hyundai Mobis: A Turnaround Story With Strong Outperformance in the Past Three Months
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Hyundai Mobis: A Turnaround Story With Strong Outperformance in the Past Three Months

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Douglas Kim
Nov 06, 2024
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Douglas Research Insights
Douglas Research Insights
Hyundai Mobis: A Turnaround Story With Strong Outperformance in the Past Three Months
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  • Hyundai Mobis (012330 KS) is a strong turnaround story and it has sharply outperformed KOSPI and other major Hyundai Motor Group stocks in the past three months.

  • In this insight, we discuss three major reasons why are remain positive on Hyundai Mobis.

  • The combined value of Hyundai Mobis' 21.9% stake in Hyundai Motor and stakes in other companies is worth 16.7 trillion won, which represents 73% of Hyundai Mobis' current market cap.

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