Financials LF Corp.

Equities

A093050

KR7093050003

Apparel & Accessories

End-of-day quote Korea S.E. 03:30:00 03/05/2024 am IST 5-day change 1st Jan Change
15,600 KRW +0.97% Intraday chart for LF Corp. +1.96% +17.56%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 7,26,614 5,40,940 4,18,362 4,90,935 4,52,514 3,77,664
Enterprise Value (EV) 1 5,37,780 8,88,245 6,14,546 4,90,986 4,18,616 6,14,826
P/E ratio 8.73 x 8 x 24.3 x 4.14 x 2.97 x 4.58 x
Yield 2.01% 2.7% 3.4% 3.48% 4.4% -
Capitalization / Revenue 0.43 x 0.29 x 0.26 x 0.27 x 0.23 x 0.2 x
EV / Revenue 0.32 x 0.48 x 0.38 x 0.27 x 0.21 x 0.32 x
EV / EBITDA 3.29 x 5.47 x 3.75 x 2.08 x 1.58 x 4.21 x
EV / FCF -70 x 11.9 x 4.32 x 3.62 x -4.46 x -3.16 x
FCF Yield -1.43% 8.39% 23.2% 27.6% -22.4% -31.6%
Price to Book 0.62 x 0.44 x 0.34 x 0.37 x 0.31 x 0.25 x
Nbr of stocks (in thousands) 29,240 29,240 28,460 28,460 28,460 28,460
Reference price 2 24,850 18,500 14,700 17,250 15,900 13,270
Announcement Date 21/03/19 19/03/20 18/03/21 18/03/22 20/03/23 20/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 17,06,682 18,51,717 16,10,460 17,93,104 19,68,540 19,00,726
EBITDA 1 1,63,418 1,62,287 1,63,670 2,36,421 2,64,817 1,46,159
EBIT 1 1,19,508 87,533 77,491 1,58,582 1,84,889 57,651
Operating Margin 7% 4.73% 4.81% 8.84% 9.39% 3.03%
Earnings before Tax (EBT) 1 1,20,246 1,00,465 54,480 1,99,358 2,23,767 62,824
Net income 1 83,218 67,643 17,310 1,18,640 1,52,282 82,514
Net margin 4.88% 3.65% 1.07% 6.62% 7.74% 4.34%
EPS 2 2,846 2,313 604.8 4,169 5,351 2,899
Free Cash Flow 1 -7,684 74,519 1,42,292 1,35,731 -93,795 -1,94,537
FCF margin -0.45% 4.02% 8.84% 7.57% -4.76% -10.23%
FCF Conversion (EBITDA) - 45.92% 86.94% 57.41% - -
FCF Conversion (Net income) - 110.16% 822.04% 114.41% - -
Dividend per Share 2 500.0 500.0 500.0 600.0 700.0 -
Announcement Date 21/03/19 19/03/20 18/03/21 18/03/22 20/03/23 20/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 3,47,305 1,96,184 51.1 - 2,37,161
Net Cash position 1 1,88,834 - - - 33,898 -
Leverage (Debt/EBITDA) - 2.14 x 1.199 x 0.000216 x - 1.623 x
Free Cash Flow 1 -7,684 74,519 1,42,292 1,35,731 -93,795 -1,94,537
ROE (net income / shareholders' equity) 7.11% 5.39% 2.04% 9.35% 11.2% 4.75%
ROA (Net income/ Total Assets) 4.6% 2.69% 1.98% 3.95% 4.51% 1.35%
Assets 1 18,08,655 25,15,560 8,75,018 30,04,908 33,77,068 61,14,396
Book Value Per Share 2 40,126 41,768 43,342 46,904 51,612 53,671
Cash Flow per Share 2 11,503 8,462 11,585 14,074 10,722 5,904
Capex 1 49,089 56,838 53,339 80,172 1,51,084 2,10,247
Capex / Sales 2.88% 3.07% 3.31% 4.47% 7.67% 11.06%
Announcement Date 21/03/19 19/03/20 18/03/21 18/03/22 20/03/23 20/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise