Company Valuation: LS Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,502,199 1,913,867 2,559,144 2,578,873 5,466,773 9,216,120 - -
Change - 27.4% 33.72% 0.77% 111.98% 68.58% - -
Enterprise Value (EV) 1 4,976 7,370 8,315 9,237 13,372 16,656 16,497 16,159
Change - 48.11% 12.82% 11.09% 44.77% 24.56% -0.95% -2.05%
P/E 5.38x 4.31x 5.78x 10.9x 20.3x 17.8x 14.6x 12.1x
PBR 0.42x 0.49x 0.54x 0.56x 1.09x 1.95x 1.75x 1.57x
PEG - 0.1x -19.47x -0.2x 1.5x 0.2x 0.7x 0.6x
Capitalization / Revenue 0.11x 0.11x 0.1x 0.09x 0.17x 0.24x 0.23x 0.21x
EV / Revenue 0.38x 0.42x 0.34x 0.34x 0.42x 0.43x 0.4x 0.37x
EV / EBITDA 5.47x 7.3x 6.37x 5.94x 8.53x 7.57x 6.77x 5.75x
EV / EBIT 8.24x 11.4x 9.24x 8.6x 12.7x 10.1x 8.93x 7.45x
EV / FCF -11.4x -444x -35.9x -327x -14.2x 118x 37.6x 19.4x
FCF Yield -8.77% -0.23% -2.79% -0.31% -7.04% 0.85% 2.66% 5.15%
Dividend per Share 3 1,450 1,450 1,550 1,600 1,650 2,554 2,593 2,629
Rate of return 2.68% 2.08% 1.66% 1.7% 0.83% 0.76% 0.77% 0.78%
EPS 3 10,056 16,165 16,117 8,677 9,857 18,942 23,151 27,768
Distribution rate 14.4% 8.97% 9.62% 18.4% 16.7% 13.5% 11.2% 9.47%
Net sales 1 13,096 17,493 24,516 27,545 31,825 38,803 40,920 43,464
EBITDA 1 909 1,009 1,305 1,554 1,568 2,199 2,438 2,811
EBIT 1 604 645.3 899.9 1,074 1,056 1,650 1,847 2,168
Net income 1 277.8 524.6 541.7 238.4 269.9 575.8 715.9 862.3
Net Debt 1 3,474 5,456 5,756 6,658 7,905 7,440 7,281 6,943
Reference price 3 54,100.00 69,700.00 93,200.00 94,300.00 199,900.00 337,000.00 337,000.00 337,000.00
Nbr of stocks (in thousands) 27,767 27,459 27,459 27,348 27,348 27,348 - -
Announcement Date 2/14/22 2/14/23 2/5/24 2/5/25 2/2/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.03x0.42x7.39x0.79% 6.24B
27.37x1.77x13.81x0.79% 43.01B
42.92x6.09x32.58x - 8.12B
19.51x1x8.36x2.25% 7B
60.49x4.46x43.23x0.1% 5.66B
17.79x2.12x12.06x1.67% 5.36B
19.34x2.2x12.56x1.65% 4.73B
14.21x1.63x12.57x2.93% 4.33B
Average 27.33x 2.46x 17.82x 1.46% 10.56B
Weighted average by Cap. 27.94x 2.24x 16.42x 1.11%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield