Financials LS Corp.

Equities

A006260

KR7006260004

Electrical Components & Equipment

End-of-day quote Korea S.E. 06:00:00 2024-05-28 pm EDT 5-day change 1st Jan Change
180,700 KRW -1.36% Intraday chart for LS Corp. +2.79% +93.88%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,327,266 1,982,569 1,502,199 1,913,867 2,559,144 5,030,421 - -
Enterprise Value (EV) 2 4,256 4,520 4,976 7,370 8,315 10,214 10,259 10,312
P/E ratio 52.4 x 15.5 x 5.38 x 4.31 x 5.78 x 14.4 x 12.4 x 11.1 x
Yield 3.03% 2.03% 2.68% 2.08% 1.66% 0.87% 0.9% 0.91%
Capitalization / Revenue 0.13 x 0.19 x 0.11 x 0.11 x 0.1 x 0.2 x 0.19 x 0.17 x
EV / Revenue 0.42 x 0.43 x 0.38 x 0.42 x 0.34 x 0.41 x 0.39 x 0.36 x
EV / EBITDA 6.77 x 6.4 x 5.47 x 7.3 x 6.37 x 7.23 x 6.81 x 6.51 x
EV / FCF -602 x 10.8 x -11.4 x -444 x -35.9 x 30 x 15.3 x 29.1 x
FCF Yield -0.17% 9.28% -8.77% -0.23% -2.79% 3.33% 6.53% 3.44%
Price to Book 0.42 x 0.61 x 0.42 x 0.49 x 0.54 x 1.14 x 1.03 x 0.97 x
Nbr of stocks (in thousands) 27,767 27,767 27,767 27,459 27,459 27,459 - -
Reference price 3 47,800 71,400 54,100 69,700 93,200 183,200 183,200 183,200
Announcement Date 2/11/20 2/9/21 2/14/22 2/14/23 2/5/24 - - -
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 10,181 10,444 13,096 17,493 24,516 25,171 26,491 28,955
EBITDA 1 628.7 705.9 909 1,009 1,305 1,412 1,507 1,585
EBIT 1 352 414.8 604 645.3 899.9 976.5 1,075 1,152
Operating Margin 3.46% 3.97% 4.61% 3.69% 3.67% 3.88% 4.06% 3.98%
Earnings before Tax (EBT) 1 160.4 301.3 421 681 638.2 682 797.6 877.5
Net income 1 25.33 126.8 277.8 524.6 541.7 408.5 457.8 506.3
Net margin 0.25% 1.21% 2.12% 3% 2.21% 1.62% 1.73% 1.75%
EPS 2 912.0 4,597 10,056 16,165 16,117 12,690 14,753 16,527
Free Cash Flow 3 -7,067 419,506 -436,495 -16,617 -231,652 340,333 669,667 354,333
FCF margin -69.41% 4,016.6% -3,333.1% -94.99% -944.89% 1,352.09% 2,527.91% 1,223.76%
FCF Conversion (EBITDA) - 59,431.4% - - - 24,106.34% 44,427.71% 22,360.92%
FCF Conversion (Net income) - 330,710.29% - - - 83,318.2% 146,290.4% 69,978.81%
Dividend per Share 2 1,450 1,450 1,450 1,450 1,550 1,600 1,657 1,670
Announcement Date 2/11/20 2/9/21 2/14/22 2/14/23 2/5/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 3,514 3,713 4,120 3,859 5,799 6,098 6,509 6,014 5,852 5,945 6,411 6,319 6,275
EBITDA - - - - - - - - - - - - -
EBIT 1 107.4 167.7 196.4 178.4 133.8 238.2 281.6 226.2 153.7 243.7 273 237.2 214.8
Operating Margin 3.06% 4.52% 4.77% 4.62% 2.31% 3.91% 4.33% 3.76% 2.63% 4.1% 4.26% 3.75% 3.42%
Earnings before Tax (EBT) 1 - 161.5 121.9 239.1 133.7 122.8 178.5 121.2 215.7 108.1 220 - -
Net income 1 76.59 118.3 70.19 135.6 121.6 78.64 89.07 37.15 205.2 40.27 102.4 99.53 106.2
Net margin 2.18% 3.19% 1.7% 3.51% 2.1% 1.29% 1.37% 0.62% 3.51% 0.68% 1.6% 1.58% 1.69%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/14/22 5/16/22 8/16/22 11/14/22 2/14/23 5/15/23 8/14/23 11/14/23 2/5/24 5/16/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,929 2,537 3,474 5,456 5,756 5,184 5,228 5,282
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.658 x 3.594 x 3.822 x 5.405 x 4.41 x 3.672 x 3.468 x 3.333 x
Free Cash Flow 2 -7,067 419,506 -436,495 -16,617 -231,652 340,333 669,667 354,333
ROE (net income / shareholders' equity) 2.03% 4.44% 7.96% 10.1% 8.89% 10.3% 10.1% 10%
ROA (Net income/ Total Assets) 0.82% 1.73% 2.29% 3.07% 2.46% 3.48% 3.55% 3.72%
Assets 1 3,073 7,338 12,143 17,100 22,059 11,746 12,902 13,612
Book Value Per Share 3 114,028 117,666 127,727 143,355 172,393 160,006 177,117 188,947
Cash Flow per Share 3 10,938 25,257 -4,796 16,868 13,164 31,003 42,755 39,024
Capex 1 311 282 303 484 593 451 449 385
Capex / Sales 3.05% 2.7% 2.32% 2.77% 2.42% 1.79% 1.69% 1.33%
Announcement Date 2/11/20 2/9/21 2/14/22 2/14/23 2/5/24 - - -
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
7
Last Close Price
183,200 KRW
Average target price
169,286 KRW
Spread / Average Target
-7.60%
Consensus

Quarterly revenue - Rate of surprise