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박인우, Analyst, 3774 3763, inwoo.park@miraeasset.com<br />

현대차<br />

005380 KS<br />

Figure 8 완성차 Global Peer 비교<br />

회사명 현대차 기아차 Toyota Honda Nissan GM Ford VW Renault Fiat<br />

코드 005380 KS 000270 KS 7203 JP 7267 JP 7201 JP GM US F US VOW GR RNO FP F IM<br />

주가<br />

(Local) 229,000 55,900 6,070 3,567 992 37 18 182 70 8<br />

($) 222.7 54.4 59.8 35.2 9.8 37.4 17.8 245.2 93.8 10.2<br />

시가총액 (백만$) 49,056 22,037 204,487 63,684 44,200 59,995 70,307 117,000 27,734 12,809<br />

매출액<br />

(백만$)<br />

영업이익<br />

(백만$)<br />

순이익<br />

(백만$)<br />

EPS<br />

($)<br />

EPS 증가율<br />

(%)<br />

영업이익률<br />

(%)<br />

순이익률<br />

(%)<br />

ROE<br />

(%)<br />

P/E<br />

(x)<br />

P/B<br />

(x)<br />

EV/EBITDA<br />

(x)<br />

배당수익률<br />

(%)<br />

2013 84,907 46,289 256,541 118,250 104,671 155,427 146,917 261,687 54,371 115,319<br />

2014E 86,410 46,208 259,392 124,454 107,278 159,085 140,134 273,246 55,873 125,168<br />

2015E 91,480 47,950 271,639 131,748 112,523 165,528 150,161 285,967 59,559 132,062<br />

2013 8,087 3,090 22,887 7,492 4,976 5,672 5,439 16,361 (45) 4,508<br />

2014E 7,788 2,680 25,090 8,011 5,756 4,908 4,624 17,012 1,951 4,559<br />

2015E 8,495 2,973 27,437 8,938 6,667 9,045 8,412 19,637 2,697 5,466<br />

2013 8,307 3,712 18,204 5,733 3,885 5,346 7,155 12,042 778 1,201<br />

2014E 7,964 3,324 19,301 6,208 4,340 4,915 5,525 14,257 2,704 775<br />

2015E 8,717 3,698 21,073 6,964 5,005 7,722 7,835 16,092 3,590 1,695<br />

2013 37.1 9.2 5.7 3.2 0.9 2.7 1.8 24.7 2.9 1.0<br />

2014E 35.6 8.2 6.1 3.5 1.0 2.8 1.4 29.1 9.7 0.6<br />

2015E 39.0 9.1 6.7 3.9 1.2 4.6 2.0 32.9 13.1 1.4<br />

2013 (0.3) (1.3) 56.2 29.0 (6.3) (12.6) 23.0 (58.5) (65.9) 2,034.9<br />

2014E (4.2) (10.5) 6.2 9.4 12.5 3.9 (25.8) 17.7 239.3 (36.4)<br />

2015E 9.6 11.3 10.0 12.2 15.6 64.9 45.3 13.1 35.7 130.4<br />

2013 9.5 6.7 8.9 6.3 4.8 3.6 3.7 6.3 (0.1) 3.9<br />

2014E 9.0 5.8 9.7 6.4 5.4 3.1 3.3 6.2 3.5 3.6<br />

2015E 9.3 6.2 10.1 6.8 5.9 5.5 5.6 6.9 4.5 4.1<br />

2013 9.8 8.0 7.1 4.8 3.7 3.4 4.9 4.6 1.4 1.0<br />

2014E 9.2 7.2 7.4 5.0 4.0 3.1 3.9 5.2 4.8 0.6<br />

2015E 9.5 7.7 7.8 5.3 4.4 4.7 5.2 5.6 6.0 1.3<br />

2013 17.8 20.6 13.7 10.5 9.6 11.5 33.8 11.0 2.5 12.5<br />

2014E 14.7 15.7 12.8 10.2 9.8 12.6 19.5 11.3 8.6 6.0<br />

2015E 14.0 15.2 12.9 10.7 10.1 16.8 23.9 11.8 10.7 11.6<br />

2013 6.2 6.0 10.1 11.4 9.9 12.9 9.5 10.6 27.2 8.0<br />

2014E 6.3 6.6 9.8 10.1 9.4 13.2 13.6 8.5 9.4 15.7<br />

2015E 5.6 5.9 8.9 9.0 8.1 8.1 9.2 7.4 7.1 7.7<br />

2013 1.3 1.1 1.3 1.1 0.9 1.6 2.3 1.0 0.8 0.9<br />

2014E 1.1 1.0 1.2 1.0 0.9 1.5 2.3 0.9 0.8 0.9<br />

2015E 0.9 0.8 1.1 0.9 0.8 1.3 1.9 0.8 0.7 0.8<br />

2013 6.0 4.5 8.8 7.4 6.3 3.5 4.3 6.8 12.3 2.7<br />

2014E 6.3 4.5 9.8 8.6 7.3 4.4 6.4 3.2 4.3 3.0<br />

2015E 5.3 3.6 8.9 7.9 6.5 2.8 4.5 3.0 3.6 2.7<br />

2013 0.8 1.2 2.8 2.3 3.3 0.0 2.6 - 2.9 0.0<br />

2014E 0.9 1.3 3.0 2.6 3.4 3.2 2.7 2.8 2.8 0.5<br />

2015E 0.9 1.3 3.3 3.0 3.8 3.4 2.8 3.3 3.3 0.9<br />

자료: Bloomberg, 미래에셋증권 리서치센터<br />

Mirae Asset Securities<br />

6 6

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