LS ELECTRIC CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 163,900 KRW | +7.62% |
|
-1.86% | +123.91% |
| Mar. 11 | Et Solar announced that it expects to receive KRW 1.4589 billion in funding from LS ELECTRIC Co., Ltd. | CI |
| Mar. 07 | LS Electric and LG Electronics Forge Partnership in Smart Factory Business | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,601,146 | 1,850,409 | 1,636,336 | 1,655,681 | 2,148,863 | 4,811,456 | - | - |
| Enterprise Value (EV) 2 | 1,653 | 1,712 | 1,554 | 1,986 | 2,149 | 5,179 | 5,097 | 5,029 |
| P/E ratio | 15.4 x | 21.7 x | 19.3 x | 18.3 x | - | 22 x | 17.8 x | 13.2 x |
| Yield | 2.2% | 1.9% | 1.79% | 1.95% | - | 1.36% | 1.45% | 2.38% |
| Capitalization / Revenue | 0.68 x | 0.77 x | 0.61 x | 0.49 x | 0.51 x | 1.09 x | 1 x | 0.88 x |
| EV / Revenue | 0.7 x | 0.71 x | 0.58 x | 0.59 x | 0.51 x | 1.17 x | 1.06 x | 0.92 x |
| EV / EBITDA | 6.45 x | 8.04 x | 6.57 x | 6.85 x | - | 11.7 x | 9.89 x | 8.07 x |
| EV / FCF | 12.3 x | 7.97 x | 34 x | -7.63 x | - | 20.8 x | 18 x | 14.7 x |
| FCF Yield | 8.11% | 12.5% | 2.94% | -13.1% | - | 4.81% | 5.54% | 6.82% |
| Price to Book | 1.18 x | 1.31 x | 1.1 x | 1.07 x | - | 2.61 x | 2.34 x | 2.13 x |
| Nbr of stocks (in thousands) | 29,325 | 29,325 | 29,325 | 29,356 | 29,356 | 29,356 | - | - |
| Reference price 3 | 54,600 | 63,100 | 55,800 | 56,400 | 73,200 | 163,900 | 163,900 | 163,900 |
| Announcement Date | 1/30/20 | 1/28/21 | 1/28/22 | 1/31/23 | 1/26/24 | - | - | - |
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 | 2,347 | 2,403 | 2,668 | 3,377 | 4,230 | 4,434 | 4,829 | 5,438 |
| EBITDA 1 | 256.2 | 213 | 236.4 | 289.7 | - | 443.5 | 515.5 | 622.9 |
| EBIT 1 | 168.5 | 133.7 | 155.1 | 187.5 | 324.9 | 336.3 | 402.5 | 512.5 |
| Operating Margin | 7.18% | 5.57% | 5.81% | 5.55% | 7.68% | 7.58% | 8.33% | 9.42% |
| Earnings before Tax (EBT) 1 | 147 | 127.8 | 110.8 | 127 | 264.1 | 299.1 | 365.6 | 493.7 |
| Net income 1 | 103.9 | 85.49 | 84.76 | 90.42 | 206.3 | 223.1 | 275.2 | 371.9 |
| Net margin | 4.43% | 3.56% | 3.18% | 2.68% | 4.88% | 5.03% | 5.7% | 6.84% |
| EPS 2 | 3,542 | 2,905 | 2,890 | 3,077 | - | 7,438 | 9,200 | 12,402 |
| Free Cash Flow 3 | 133,973 | 214,707 | 45,709 | -260,324 | - | 249,300 | 282,425 | 343,000 |
| FCF margin | 5,708.61% | 8,936.19% | 1,713.04% | -7,707.78% | - | 5,621.97% | 5,848.21% | 6,307.71% |
| FCF Conversion (EBITDA) | 52,297.19% | 100,814.1% | 19,331.67% | - | - | 56,207.74% | 54,783.9% | 55,065.55% |
| FCF Conversion (Net income) | 128,982.18% | 251,162.31% | 53,924.52% | - | - | 111,722.15% | 102,611.38% | 92,229.09% |
| Dividend per Share 2 | 1,200 | 1,200 | 1,000 | 1,100 | - | 2,235 | 2,385 | 3,900 |
| Announcement Date | 1/30/20 | 1/28/21 | 1/28/22 | 1/31/23 | 1/26/24 | - | - | - |
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 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 682.6 | 753 | 729.7 | 878.8 | 838.9 | 930 | 975.8 | 1,202 | 1,023 | 1,030 | 1,053 | 1,181 | 1,096 | 1,170 | 1,198 |
| EBITDA 1 | - | - | - | - | - | - | - | 101 | 107 | - | 100.1 | 112.1 | 113.8 | 116.9 | 115.8 |
| EBIT 1 | 40.44 | 44.3 | 40.57 | 60.1 | 60.74 | 26.12 | 81.76 | 104.9 | 70.12 | 68.09 | 74.28 | 88.18 | 84.58 | 88.48 | 90.7 |
| Operating Margin | 5.92% | 5.88% | 5.56% | 6.84% | 7.24% | 2.81% | 8.38% | 8.73% | 6.86% | 6.61% | 7.05% | 7.46% | 7.72% | 7.56% | 7.57% |
| Earnings before Tax (EBT) 1 | 11.32 | 33.59 | 41.23 | 34.59 | 24.81 | 26.34 | 62.24 | 94.29 | 60.65 | 46.92 | 62.97 | 81.1 | 78.03 | 82.77 | 78.4 |
| Net income 1 | 8.095 | 24.21 | 33.3 | 27.62 | 13.78 | 16.46 | 50.5 | 72.94 | 40.51 | 42.31 | 48.63 | 62.4 | 58.33 | 62.17 | 61.9 |
| Net margin | 1.19% | 3.22% | 4.56% | 3.14% | 1.64% | 1.77% | 5.18% | 6.07% | 3.96% | 4.11% | 4.62% | 5.28% | 5.32% | 5.31% | 5.17% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/28/21 | 1/28/22 | 4/29/22 | 7/28/22 | 10/31/22 | 1/31/23 | 4/27/23 | 7/25/23 | 10/30/23 | 1/26/24 | - | - | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 51.8 | - | - | 330 | - | 368 | 285 | 218 |
| Net Cash position 1 | - | 139 | 82 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.2022 x | - | - | 1.139 x | - | 0.8293 x | 0.553 x | 0.35 x |
| Free Cash Flow 2 | 133,973 | 214,707 | 45,709 | -260,324 | - | 249,300 | 282,425 | 343,000 |
| ROE (net income / shareholders' equity) | 7.82% | 6.16% | 5.83% | 5.95% | - | 12.4% | 13.8% | 16.7% |
| ROA (Net income/ Total Assets) | 4.2% | 3.37% | 3.16% | 2.95% | - | 6.25% | 7.18% | 9.31% |
| Assets 1 | 2,472 | 2,539 | 2,684 | 3,064 | - | 3,568 | 3,836 | 3,996 |
| Book Value Per Share 3 | 46,397 | 48,133 | 50,525 | 52,933 | - | 62,774 | 69,962 | 76,999 |
| Cash Flow per Share 3 | 7,368 | 9,852 | 3,463 | -4,956 | - | 10,507 | 12,302 | 15,466 |
| Capex 1 | 82.1 | 74.2 | 55.8 | 115 | - | 107 | 117 | 133 |
| Capex / Sales | 3.5% | 3.09% | 2.09% | 3.4% | - | 2.4% | 2.42% | 2.45% |
| Announcement Date | 1/30/20 | 1/28/21 | 1/28/22 | 1/31/23 | 1/26/24 | - | - | - |
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
BUY
Number of Analysts
10
Last Close Price
163,900
KRW
Average target price
130,300
KRW
Spread / Average Target
-20.50%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +123.91% | 3.5B | |
| +20.48% | 90.86B | |
| +43.83% | 24.55B | |
| +36.72% | 16.28B | |
| +23.24% | 10.21B | |
| +6.75% | 8.52B | |
| +27.80% | 8.09B | |
| +1.95% | 7.54B | |
| +161.16% | 6.83B | |
| +51.72% | 5.29B |
- Stock Market
- Equities
- A010120 Stock
- Financials LS ELECTRIC Co., Ltd.
