Is Hyundai’s Parallel Strategy a Potent Value Play?
Andrew Stolz
JANUARY 12, 2022
Hyundai has fallen from one of the most profitable carmakers to below-average profitability in 2020. Mainly from fierce price competition, higher labor costs and the recent chip shortage. A price-to-book ratio of less than 1x indicates that the market values the net assets less than the balance sheet suggests.
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