Hit 30,450 Won Intraday on the 16th
Market Cap at 3.23 Trillion Won... 22nd Largest on KOSDAQ
Building Supply Chains Through Customer Customization
Hyundai Movex hit an all-time intraday high, fueled by expectations for the expansion of its robotics business. Industry observers note that the company is solidifying its presence as a leading robotics stock, as a tangible increase in orders has been confirmed.
According to the financial investment industry on January 19, Hyundai Movex reached a record high of 30,450 won during intraday trading on January 16. Its market capitalization surpassed 3.2 trillion won, ranking 22nd in the KOSDAQ market.
Hyundai Movex has surged 208% in just two months since December of last year. Until last year, the company’s performance momentum was focused on logistics automation and platform screen doors (PSD), but recently, as it has achieved concrete results in the robotics sector, the pace of its stock price increase has accelerated.
Securities analysts view the core competitive edge of Hyundai Movex’s robotics business as its “customer-customized supply chain.” While a significant portion of hardware manufacturing is outsourced, the company is expanding orders by designing and combining solutions tailored to each client’s requirements. For automated guided vehicle (AGV) algorithms, Hyundai Movex conducts in-house development and design, further strengthening its software capabilities.
Above all, the market is paying close attention to its picking robots powered by artificial intelligence (AI). AI-based picking robots can recognize unstructured objects and determine the optimal gripping points and movement paths, raising expectations for improved productivity in picking tasks that have traditionally been difficult to automate. Kim Seonghwan, a researcher at Bookook Securities, explained, “It appears that the picking robot has been deployed at a major domestic manufacturing plant in Pyeongtaek, and additional orders for other factories are also anticipated.”
Hyundai Movex is accelerating its expansion of references across the entire logistics automation sector, including robotics. The company is also planning to expand into new areas such as semiconductors and displays, which further supports the outlook for improved performance. Han Yougeon, a researcher at Hana Securities, analyzed, “Hyundai Movex continues to advance its AGV product lineup based on its research and development (R&D) capabilities, and is securing customized orders by responding to client needs from the consulting stage.”
In Yeouido’s securities industry, there is a view that if Hyundai Movex’s robotics lineup, including AI picking robots, becomes established in the field and leads to additional orders, the company’s corporate value could continue to be reassessed. However, some advise that the potential for increased volatility due to the recent rapid rise in share price should also be considered.
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