Financials Lotte Energy Materials Corporation

Equities

A020150

KR7020150009

Semiconductors

End-of-day quote Korea S.E. 18:00:00 2024-06-23 EDT 5-day change 1st Jan Change
53,000 KRW -5.02% Intraday chart for Lotte Energy Materials Corporation -7.50% +26.04%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,971,238 2,347,042 6,224,963 2,393,152 1,938,961 2,425,430 - -
Enterprise Value (EV) 2 1,694 2,246 6,131 2,385 1,569 2,221 2,482 2,777
P/E ratio 42.1 x 54.9 x 105 x 54.6 x -59.6 x 68.4 x 29.2 x 24.5 x
Yield 0.12% 0.39% 0.22% 0.58% 0.48% 0.43% 0.46% 0.45%
Capitalization / Revenue 3.58 x 4.37 x 9.04 x 3.28 x 2.4 x 2.26 x 1.88 x 1.48 x
EV / Revenue 3.08 x 4.18 x 8.9 x 3.27 x 1.94 x 2.07 x 1.92 x 1.7 x
EV / EBITDA 20.8 x 26.4 x 53.8 x 17.4 x 17.7 x 18.4 x 11.7 x 10.6 x
EV / FCF -18.6 x -32.4 x -34.3 x -9.21 x -5.08 x -10.7 x -17.1 x -11.5 x
FCF Yield -5.37% -3.09% -2.92% -10.9% -19.7% -9.34% -5.86% -8.68%
Price to Book 2.39 x 3.84 x 6.18 x 1.64 x 1.35 x 1.63 x 1.55 x 1.47 x
Nbr of stocks (in thousands) 46,111 46,111 46,111 46,111 46,111 46,111 - -
Reference price 3 42,750 50,900 135,000 51,900 42,050 52,600 52,600 52,600
Announcement Date 3/9/20 3/23/21 2/11/22 3/16/23 1/29/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 550.2 536.9 688.7 729.4 809 1,071 1,293 1,635
EBITDA 1 81.54 85.11 113.9 137.4 88.77 120.5 212 262.6
EBIT 1 46.85 50.87 70.99 84.77 12 41.65 108.6 144.8
Operating Margin 8.51% 9.47% 10.31% 11.62% 1.48% 3.89% 8.4% 8.86%
Earnings before Tax (EBT) 1 55.08 45.24 77.78 60.53 -37.2 46.78 107.8 121.1
Net income 1 46.84 42.73 62.37 43.83 -36.7 37.76 85.44 103.2
Net margin 8.51% 7.96% 9.06% 6.01% -4.54% 3.52% 6.61% 6.31%
EPS 2 1,016 927.0 1,291 950.0 -706.0 769.4 1,804 2,144
Free Cash Flow 3 -91,000 -69,386 -178,774 -258,945 -308,690 -207,440 -145,320 -241,167
FCF margin -16,539.06% -12,923.12% -25,958.56% -35,502.92% -38,156.93% -19,363.67% -11,241.93% -14,748.04%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 50.00 200.0 300.0 300.0 200.0 227.3 240.0 237.5
Announcement Date 3/9/20 3/23/21 2/11/22 3/16/23 1/29/24 - - -
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 2025 Q1 2025 Q2
Net sales 1 181.2 200.1 188.4 169.7 171.2 163.6 198.2 217.7 229.5 241.7 254.4 280.6 302.8 267.5 311.2
EBITDA 1 23.35 33.89 38.03 35.68 29.82 36.9 20.65 - 20.79 - 26 31 38 - -
EBIT 1 11.33 21.59 25.2 22.86 15.12 6.119 1.5 3 1.3 4.3 5.95 14.28 16.37 24.1 31.1
Operating Margin 6.25% 10.79% 13.38% 13.47% 8.83% 3.74% 0.76% 1.38% 0.57% 1.78% 2.34% 5.09% 5.4% 9.01% 9.99%
Earnings before Tax (EBT) 1 10.63 35.27 9.288 - - - -14.7 12.2 -0.1 10.6 3.95 21.45 18.05 - -
Net income 1 3.059 23.94 5.638 19.85 -5.605 -30.48 -3.3 3.3 -6.2 -1.1 6 16.8 16.03 - -
Net margin 1.69% 11.97% 2.99% 11.7% -3.27% -18.62% -1.66% 1.52% -2.7% -0.46% 2.36% 5.99% 5.29% - -
EPS 2 67.00 519.0 122.0 430.0 -122.0 -661.0 -71.00 71.00 -45.00 - 85.00 181.0 306.0 - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/11/22 5/16/22 8/16/22 11/14/22 3/16/23 5/15/23 8/7/23 11/7/23 1/29/24 5/8/24 - - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - 56.3 352
Net Cash position 1 277 101 93.6 7.93 370 205 - -
Leverage (Debt/EBITDA) - - - - - - 0.2656 x 1.339 x
Free Cash Flow 2 -91,000 -69,386 -178,774 -258,945 -308,690 -207,440 -145,320 -241,167
ROE (net income / shareholders' equity) 6.93% 7.23% 5.73% 5.83% -2.25% 2.43% 5.25% 6.21%
ROA (Net income/ Total Assets) 5.42% 4.04% 4.2% 2.1% -1.35% 1.5% 3.1% 3.3%
Assets 1 864.6 1,059 1,486 2,092 2,719 2,517 2,758 3,132
Book Value Per Share 3 17,877 13,255 21,839 31,661 31,088 32,273 33,906 35,804
Cash Flow per Share 3 969.0 1,073 648.0 626.0 -1,947 3,667 5,108 3,837
Capex 1 136 119 209 288 219 283 300 312
Capex / Sales 24.65% 22.14% 30.3% 39.46% 27.06% 26.4% 23.17% 19.07%
Announcement Date 3/9/20 3/23/21 2/11/22 3/16/23 1/29/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
52,600 KRW
Average target price
56,091 KRW
Spread / Average Target
+6.64%
Consensus
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  4. Financials Lotte Energy Materials Corporation