LOTTE CHEMICAL CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 100,000 KRW | -0.40% |
|
+2.77% | -34.73% |
| Apr. 24 | South Korean shares gain 2% as chip, battery stocks rally | RE |
| Apr. 24 | LG Chem denies report it will merge naphtha business with Lotte Chemical | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 7,677,694 | 9,460,016 | 7,437,766 | 6,067,295 | 6,509,536 | 4,216,715 | - | - |
| Enterprise Value (EV) 2 | 8,222 | 11,187 | 7,797 | 9,234 | 6,510 | 11,081 | 11,557 | 14,458 |
| P/E ratio | 10.7 x | 59.7 x | 5.53 x | 99.1 x | - | 19.4 x | 6.93 x | 7.14 x |
| Yield | 4.69% | 2.43% | 3.82% | 1.96% | - | 3.04% | 3.92% | 3.06% |
| Capitalization / Revenue | 0.51 x | 0.77 x | 0.41 x | 0.27 x | 0.33 x | 0.2 x | 0.19 x | 0.19 x |
| EV / Revenue | 0.54 x | 0.91 x | 0.43 x | 0.41 x | 0.33 x | 0.53 x | 0.53 x | 0.64 x |
| EV / EBITDA | 4.47 x | 9.46 x | 3.29 x | 49.8 x | - | 6.93 x | 4.94 x | 6.17 x |
| EV / FCF | 21.3 x | 22 x | 11 x | -3.34 x | - | -7.76 x | -55.9 x | -23.8 x |
| FCF Yield | 4.69% | 4.55% | 9.12% | -30% | - | -12.9% | -1.79% | -4.21% |
| Price to Book | 0.58 x | 0.74 x | 0.52 x | 0.42 x | - | 0.28 x | 0.27 x | 0.28 x |
| Nbr of stocks (in thousands) | 34,275 | 34,275 | 34,275 | 33,990 | 42,490 | 42,167 | - | - |
| Reference price 3 | 224,000 | 276,000 | 217,000 | 178,500 | 153,200 | 100,000 | 100,000 | 100,000 |
| Announcement Date | 2/7/20 | 2/5/21 | 3/19/22 | 2/9/23 | 2/7/24 | - | - | - |
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 | 15,123 | 12,235 | 18,120 | 22,276 | 19,949 | 20,753 | 21,751 | 22,712 |
| EBITDA 1 | 1,839 | 1,183 | 2,368 | 185.3 | - | 1,599 | 2,341 | 2,345 |
| EBIT 1 | 1,108 | 353 | 1,536 | -758.4 | -333.2 | 395 | 971.9 | 688 |
| Operating Margin | 7.32% | 2.89% | 8.47% | -3.4% | -1.67% | 1.9% | 4.47% | 3.03% |
| Earnings before Tax (EBT) 1 | 1,249 | 246.7 | 1,902 | -378.9 | -431.1 | 294.7 | 953.9 | 638 |
| Net income 1 | 716.5 | 158.5 | 1,346 | 72.82 | -308.9 | 233.3 | 654.7 | 599 |
| Net margin | 4.74% | 1.3% | 7.43% | 0.33% | -1.55% | 1.12% | 3.01% | 2.64% |
| EPS 2 | 20,860 | 4,623 | 39,260 | 1,802 | - | 5,166 | 14,424 | 14,014 |
| Free Cash Flow 3 | 385,633 | 508,596 | 710,878 | -2,767,475 | - | -1,427,275 | -206,781 | -608,750 |
| FCF margin | 2,549.9% | 4,156.9% | 3,923.07% | -12,423.53% | - | -6,877.52% | -950.68% | -2,680.28% |
| FCF Conversion (EBITDA) | 20,971.75% | 42,992.09% | 30,015.42% | - | - | - | - | - |
| FCF Conversion (Net income) | 53,823.56% | 320,944% | 52,827.68% | - | - | - | - | - |
| Dividend per Share 2 | 10,500 | 6,700 | 8,300 | 3,500 | - | 3,041 | 3,918 | 3,064 |
| Announcement Date | 2/7/20 | 2/5/21 | 3/19/22 | 2/9/23 | 2/7/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S2 | 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 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 4,442 | 5,158 | 5,586 | 5,511 | 5,683 | 5,496 | 4,932 | 5,002 | 4,816 | 4,908 | 5,108 | 5,209 | 5,304 | 5,322 | 5,141 |
| EBITDA 1 | - | 498.2 | 242.5 | 291.1 | 103.3 | -179.8 | -111.9 | 232.5 | 201.8 | 280.9 | - | 558.3 | 563.1 | 577.9 | 579.4 | 597.3 |
| EBIT 1 | 353.3 | 288.3 | 29.52 | 82.64 | -21.42 | -423.9 | -395.8 | -26.18 | -77.05 | 28.08 | -301.3 | -48.41 | 34.69 | 135.8 | 158 | 213.1 |
| Operating Margin | - | 6.49% | 0.57% | 1.48% | -0.39% | -7.46% | -7.2% | -0.53% | -1.54% | 0.58% | -6.14% | -0.95% | 0.67% | 2.56% | 2.97% | 4.15% |
| Earnings before Tax (EBT) 1 | - | 414.8 | 118.8 | 167.3 | 80.93 | -85.54 | -541.5 | 278.3 | -205.2 | -40.45 | -506.1 | -113.3 | -39.05 | 64.8 | 108.7 | 56.9 |
| Net income 1 | - | 307.7 | 58.49 | 104.9 | 42.64 | 14.33 | -89.02 | 139.2 | -105 | 37.61 | -377.4 | -32.39 | 21.09 | 106.6 | 122.3 | 224.5 |
| Net margin | - | 6.93% | 1.13% | 1.88% | 0.77% | 0.25% | -1.62% | 2.82% | -2.1% | 0.78% | -7.69% | -0.63% | 0.4% | 2.01% | 2.3% | 4.37% |
| EPS 2 | - | 8,979 | 1,706 | 3,060 | 1,244 | 419.0 | -2,925 | 3,517 | -2,470 | 885.0 | - | 1,433 | 2,140 | 4,130 | 5,400 | 5,284 |
| Dividend per Share 2 | - | - | 8,300 | - | - | - | 3,500 | - | - | - | - | - | - | - | 6,415 | - |
| Announcement Date | 2/5/21 | 11/5/21 | 3/19/22 | 5/13/22 | 8/5/22 | 11/8/22 | 2/9/23 | 5/11/23 | 8/8/23 | 11/9/23 | 2/7/24 | - | - | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 544 | 1,727 | 359 | 3,167 | - | 6,865 | 7,340 | 10,242 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.2958 x | 1.46 x | 0.1515 x | 17.09 x | - | 4.294 x | 3.135 x | 4.368 x |
| Free Cash Flow 2 | 385,633 | 508,596 | 710,878 | -2,767,475 | - | -1,427,275 | -206,781 | -608,750 |
| ROE (net income / shareholders' equity) | 5.49% | 1.34% | 9.87% | 0.43% | - | 1.61% | 4.12% | 3.8% |
| ROA (Net income/ Total Assets) | 3.71% | 0.94% | 6.37% | 0.25% | - | 0.49% | 2.42% | 1.7% |
| Assets 1 | 19,317 | 16,847 | 21,128 | 29,340 | - | 47,865 | 27,016 | 35,235 |
| Book Value Per Share 3 | 385,244 | 374,803 | 420,424 | 421,450 | - | 357,248 | 373,970 | 360,121 |
| Cash Flow per Share 3 | 37,282 | 38,240 | 43,361 | -4,899 | - | 33,546 | 51,254 | 54,604 |
| Capex 1 | 892 | 802 | 775 | 2,600 | - | 2,871 | 2,334 | 2,440 |
| Capex / Sales | 5.9% | 6.56% | 4.28% | 11.67% | - | 13.83% | 10.73% | 10.74% |
| Announcement Date | 2/7/20 | 2/5/21 | 3/19/22 | 2/9/23 | 2/7/24 | - | - | - |
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
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
100,000
KRW
Average target price
173,792
KRW
Spread / Average Target
+73.79%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -34.73% | 3.06B | |
| +4.47% | 40.29B | |
| -25.15% | 20.6B | |
| -14.52% | 13.21B | |
| -13.48% | 9.66B | |
| -8.75% | 9.69B | |
| -4.50% | 6.61B | |
| +3.01% | 6.42B | |
| -30.31% | 5.29B | |
| -21.00% | 3.3B |
- Stock Market
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- A011170 Stock
- Financials Lotte Chemical Corporation
