Is It Time To Consider Buying Hyundai Elevator Co., Ltd (KRX:017800)?

Simply Wall St · 2d ago

While Hyundai Elevator Co., Ltd (KRX:017800) might not have the largest market cap around , it led the KOSE gainers with a relatively large price hike in the past couple of weeks. The company's trading levels have reached its high for the past year, following the recent bounce in the share price. As a ₩3.3t market-cap stock, it seems odd Hyundai Elevator is not more well-covered by analysts. However, this is not necessarily a bad thing given that there are less eyes on the stock to push it closer to fair value. Is there still an opportunity to buy? Today we will analyse the most recent data on Hyundai Elevator’s outlook and valuation to see if the opportunity still exists.

Is Hyundai Elevator Still Cheap?

Good news, investors! Hyundai Elevator is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. We’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 10.16x is currently well-below the industry average of 19.11x, meaning that it is trading at a cheaper price relative to its peers. What’s more interesting is that, Hyundai Elevator’s share price is quite stable, which could mean two things: firstly, it may take the share price a while to move closer to its industry peers, and secondly, there may be less chances to buy low in the future once it reaches that value. This is because the stock is less volatile than the wider market given its low beta.

See our latest analysis for Hyundai Elevator

What does the future of Hyundai Elevator look like?

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KOSE:A017800 Earnings and Revenue Growth December 18th 2025

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 20% over the next couple of years, the future seems bright for Hyundai Elevator. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

What This Means For You

Are you a shareholder? Since A017800 is currently trading below the industry PE ratio, it may be a great time to accumulate more of your holdings in the stock. With an optimistic profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple.

Are you a potential investor? If you’ve been keeping an eye on A017800 for a while, now might be the time to enter the stock. Its prosperous future profit outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy A017800. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.

Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. While conducting our analysis, we found that Hyundai Elevator has 2 warning signs and it would be unwise to ignore them.

If you are no longer interested in Hyundai Elevator, you can use our free platform to see our list of over 50 other stocks with a high growth potential.