Financials LG Corp.

Equities

A003550

KR7003550001

IT Services & Consulting

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
78,900 KRW +1.28% Intraday chart for LG Corp. +4.50% -8.15%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,876,153 15,292,273 12,913,132 12,307,635 13,343,001 12,255,362 - -
Enterprise Value (EV) 2 12,353 14,777 10,794 10,183 13,343 9,431 8,259 5,922
P/E ratio 12 x 10.5 x 5.22 x 6.29 x 10.7 x 7.19 x 6.74 x 5.49 x
Yield 2.98% 2.51% 3.46% - - 4.03% 4.17% 4.82%
Capitalization / Revenue 1.96 x 2.26 x 1.88 x 1.71 x 1.79 x 1.46 x 1.34 x 1.13 x
EV / Revenue 1.88 x 2.19 x 1.57 x 1.42 x 1.79 x 1.12 x 0.9 x 0.55 x
EV / EBITDA 10.3 x 7.88 x 4.1 x 4.8 x 7.51 x 4 x 3.08 x 1.45 x
EV / FCF 16.3 x 22.3 x 15.7 x 21.2 x - 5.74 x 4.36 x 2.65 x
FCF Yield 6.12% 4.49% 6.36% 4.72% - 17.4% 23% 37.8%
Price to Book 0.69 x 0.74 x 0.61 x 0.48 x - 0.45 x 0.43 x 0.38 x
Nbr of stocks (in thousands) 160,231 160,231 160,262 158,298 156,215 155,996 - -
Reference price 3 80,958 95,986 80,900 78,100 85,900 78,900 78,900 78,900
Announcement Date 2/13/20 2/9/21 2/10/22 2/9/23 1/18/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,575 6,755 6,859 7,186 7,445 8,385 9,154 10,842
EBITDA 1 1,200 1,876 2,636 2,120 1,777 2,358 2,685 4,073
EBIT 1 1,024 1,825 2,460 1,941 1,589 2,166 2,313 3,898
Operating Margin 15.57% 27.02% 35.87% 27.02% 21.34% 25.83% 25.27% 35.95%
Earnings before Tax (EBT) 1 1,011 1,876 2,391 2,046 1,618 2,254 2,401 2,697
Net income 1 1,080 1,584 2,565 1,980 1,414 1,761 1,877 2,425
Net margin 16.42% 23.46% 37.4% 27.55% 19% 21.01% 20.5% 22.37%
EPS 2 6,739 9,147 15,504 12,422 8,032 10,979 11,702 14,360
Free Cash Flow 3 756,355 663,657 686,658 480,701 - 1,641,750 1,896,000 2,237,000
FCF margin 11,502.91% 9,824.57% 10,011.04% 6,689.42% - 19,578.62% 20,711.98% 20,632.66%
FCF Conversion (EBITDA) 63,019.4% 35,374.95% 26,053.87% 22,675.53% - 69,622.63% 70,624.45% 54,928.47%
FCF Conversion (Net income) 70,036.18% 41,885.51% 26,765.57% 24,283.11% - 93,204.08% 101,023.44% 92,247.42%
Dividend per Share 2 2,413 2,413 2,800 - - 3,182 3,290 3,800
Announcement Date 2/13/20 2/9/21 2/10/22 2/9/23 1/18/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,027 2,456 1,786 1,738 1,745 1,917 1,649 1,899 1,862 2,035 1,758 1,975 1,982 2,473
EBITDA - - - - - - - - - - - - - -
EBIT 1 612.5 360.3 828.3 500.5 509.2 103.4 504.9 454.7 509.8 119.6 505.2 509.7 539.4 404.6
Operating Margin 30.22% 14.67% 46.39% 28.79% 29.18% 5.39% 30.62% 23.94% 27.38% 5.87% 28.73% 25.81% 27.21% 16.36%
Earnings before Tax (EBT) 1 611 177.5 - - 516.5 178.4 520.3 459 523.1 116 496 510 536 155
Net income 1 544 - 1,332 445.8 412.6 -211.2 453.2 397 - -13.04 378 330 376 109
Net margin 26.84% - 74.62% 25.65% 23.64% -11.02% 27.48% 20.9% - -0.64% 21.5% 16.71% 18.97% 4.41%
EPS 2 3,502 225.0 8,312 2,785 2,616 -1,291 2,870 2,522 2,706 -66.00 2,312 2,725 3,059 7,422
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/11/21 2/10/22 5/12/22 8/11/22 11/10/22 2/9/23 5/11/23 8/10/23 11/9/23 1/18/24 - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 524 516 2,119 2,124 - 2,825 3,996 6,334
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 756,355 663,657 686,658 480,701 - 1,641,750 1,896,000 2,237,000
ROE (net income / shareholders' equity) 5.87% 8.3% 12.5% 8.48% 5.31% 6.36% 6.89% 9.79%
ROA (Net income/ Total Assets) 4.77% 7.09% 6.15% 7.16% - 5.82% 5.98% 6.8%
Assets 1 22,635 22,362 41,715 27,652 - 30,286 31,372 35,662
Book Value Per Share 3 117,479 128,857 132,574 162,801 - 174,243 181,417 206,094
Cash Flow per Share 3 5,108 4,701 4,445 4,100 - 9,495 10,757 -
Capex 1 62.3 75.4 214 160 - 180 192 300
Capex / Sales 0.95% 1.12% 3.13% 2.23% - 2.15% 2.09% 2.77%
Announcement Date 2/13/20 2/9/21 2/10/22 2/9/23 1/18/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
78,900 KRW
Average target price
110,209 KRW
Spread / Average Target
+39.68%
Consensus