May 2026
📣 VC round data is live. Check it out!
Largest AutomotiveTech Public Companies in South Korea
Benchmark revenue and EBITDA valuation multiples for public comps like
Hyundai, LG Energy Solution, Kia, Ecopro BM Co. and HL Mando.
 | Hyundai Motor Co is engaged in the manufacturing and distribution of motor vehicles and parts. The business of the group is operated through a vehicle, finance, and other segments. Its vehicle segment is engaged in the manufacturing and sale of motor vehicles. The finance segment operates vehicle financing, credit card processing, and other financing activities. The other segment includes the research and development, train manufacturing, and other activities. The company derives the majority of its revenue from the vehicle segment. | $415 | +219% | $109B | $174B | 1.3x | 13.5x | ||
| LG Energy Solution is the third-largest battery maker for electric vehicles with about 11% global share in 2024, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for more than 60% of total revenue in 2024. LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem’s battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland, and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai, and Stellantis. | $293 | +46% | $69B | $82B | 5.0x | 25.0x | ||
| Kia Corp is a Korean motor-vehicle manufacturer. It is engaged in manufacturing and selling finished vehicles and automotive parts, along with providing rental and maintenance services. The company's main products include passenger vehicles, recreational vehicles (RVs), and commercial vehicles. Its geographical segments include South Korea, America, Europe, and Others, of which it generates the majority of its revenue from South Korea. | $112 | +71% | $43B | $29B | 0.4x | 3.4x | ||
| Ecopro BM Co Ltd is engaged in the development and production of secondary battery materials like precursors and cathode materials. Its products are used in electric vehicles, electric energy storage systems, uninterruptible power supply, smart grids, and ones for aerospace, medical and military purposes. | $131 | +93% | $13B | $14B | 8.3x | 94.8x | ||
| HL Mando Corp is engaged in the business of manufacturing automobile parts. Its products consist of brake systems, including brake comer modules, caliper brakes, drum brakes, master cylinders, boosters, proportioning valves, steering, suspension system, driver assistance system, and sensors. Geographically, the group operates in Korea, India, America and other countries. | $40 | -- | $2B | $3B | 0.4x | 5.6x | ||
| Socar Inc is a car sharing company in Korea. The company uses mobility technology for its business. | $8 | -12% | $300M | $483M | 1.6x | 7.2x | ||
| HL Holdings Corp is an investment holding company. The company along with its subsidiaries is engaged manufacturing and distribution of auto parts. In addition, it is also engaged in various other fields such as construction, logistics, education, and sports. Geographically the company operates through South Korea, however, it also expanded it a business to the region of America, China, Europe, and in other regions. | $29 | -- | $266M | $795M | 0.9x | 8.4x | ||
| Median | $112 | +71% | $13B | $14B | 1.3x | 8.4x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.