Added to YB: 2026-09-07
Pitch date: 2026-09-04
009680.KS [bullish]
Motonic Corporation
Author Info
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Company Info
Motonic Corporation manufactures and sells automotive components worldwide. The company offers high pressure regulators, receptacle, and manifolds; LPDI high-pressure fuel pumps, and low-pressure fuel pumps and drivers; LPI systems comprising pump modules, injection modules, regulators, and drivers; oil pump control units and fuel pump controllers; and variable valve lifts.
Market Cap
KRW 225.0B
Pitch Price
N/A
Price Target
24.9K
Dividend
N/A
EV/EBITDA
-6.08
P/E
8.42
EV/Sales
-0.57
Sector
Automobile Components
Category
value
Korean Net-Net: 8% Dividend, Profitable, New CEO and Cash Equal to 175% of Market Cap - Motonic Corporation
009680.KS: Motonic is a profitable Korean auto-parts supplier trading at 57% of NCAV, with ₩385 billion of cash equal to 175% of market cap and a 7.8% dividend yield covered by operating earnings and interest income. Fuel-system revenue rose 50% amid the 1-ton-truck LPG transition, while the new CEO oversaw a 76% dividend increase in two years; the key risk is whether family-controlled management makes excess cash accessible to minorities.
Read full article (14 min)