Doosan Enerbility to Supply Key Components for U.S. Nuclear Power Plants

SK, Hyundai, Doosan, and KHNP are key participants in this project.

Doosan is responsible for supplying core reactor structures, while SK has made a direct investment as TerraPower's second-largest shareholder. HD Hyundai has secured orders for reactor vessels and also made an investment, and KHNP has strengthened its partnership by acquiring a stake in TerraPower.

For this reason, an analysis suggests that if Korean companies secure a stake in Westinghouse, the possibility of winning nuclear power plant orders in the U.S. will further increase.

Japan also lacks the nuclear power plant manufacturing capabilities of Korea, highlighting the competitive advantage of Korean companies.

This announcement is expected to serve as an opportunity to strengthen mutual investment cooperation between Korea, the U.S., and Japan.

The specific details of the investment project could further increase volatility in the nuclear power equipment market.

They often involve cooperation between nations, going beyond mere business between companies.

In this process, various political and economic interests, which are not outwardly apparent, are intertwined, posing difficulties for long-term investment.

Investors considering short-term trading should pay attention to nuclear power construction-related stocks. These include Hyundai E&C, Daewoo E&C, DL E&C, and Samsung C&T.

In particular, high volatility is expected in the nuclear power equipment sector in September, which could present short-term investment opportunities.

Advanced technology sectors like robotics, quantum, and aerospace make it difficult to calculate multiples for stock valuation due to rapid technological evolution. These industries struggle to accurately reflect current growth value and are often embroiled in overvaluation controversies.

Therefore, a more cautious approach is needed when evaluating the value of robot companies anticipating listing.

It is more important to verify Hyundai Motor Group's specific business plans and actual execution capabilities than merely its equity value.

Out of 100 pages in Hyundai Motor's CEO Investor Day document, robot-related content spanned 3 pages (pages 63-65). Through this document, Hyundai Motor reconfirmed its plan to mass-produce robots by 2028, focusing on Boston Dynamics and Atlas.

Initial production volume is estimated at approximately 30,000 units, with an initial cost per unit of around 200 million won.

Adding to this were tariff issues and short-selling pressure due to gaps in new car launches.

Furthermore, the relative underperformance of Hyundai Motor's stock compared to the strength in other sectors like semiconductors also contributed to the stock's sluggishness.

Hyundai Mobis supplies approximately 30 actuators used in each robot. The price of actuators per robot is estimated to be around 30 million to 40 million won.

Based on this structure, Hyundai Mobis is projected to achieve over 1 trillion won in sales from the robot actuator business sector by 2028.

The momentum for robots and autonomous driving is analyzed to remain consistently effective.

Additionally, domestic investments such as the Saemangeum 9 trillion won project are continuously underway, maintaining the group's overall growth momentum.

Conversely, lower-tier stocks, representing around 1% or less, are likely included to meet ETF composition ratios.

Therefore, when investing in robot ETFs, it is crucial to focus on companies considered core, such as Hyundai Mobis and Hyundai AutoEver.

As the growth rate of the robotics industry is relatively slow, direct investment may be a more effective strategy than indirect investment through ETFs. It is recommended that individuals select key stocks directly and build their own portfolio.

Key stocks to consider include Hyundai Mobis, Hyundai Motor, Hyundai AutoEver, HL Mando, and SL. Direct investment offers the advantage of allowing investors to respond more proactively to industry changes and focus on the growth of specific companies.

This helps in making investment decisions by closely analyzing market trends and the value of individual companies. It is presented as a strategy to maximize the potential of the robotics industry from a long-term perspective.