Company Valuation: LS Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,02,199 19,13,867 25,59,144 25,78,873 54,66,773 84,77,737 - -
Change - 27.4% 33.72% 0.77% 111.98% 55.08% - -
Enterprise Value (EV) 1 4,976 7,370 8,315 9,237 13,372 15,544 15,714 15,198
Change - 48.11% 12.82% 11.09% 44.77% 16.24% 1.1% -3.29%
P/E 5.38x 4.31x 5.78x 10.9x 20.3x 14.9x 11.9x 10x
PBR 0.42x 0.49x 0.54x 0.56x 1.09x 1.77x 1.58x 1.4x
PEG - 0.1x -19.47x -0.2x 1.5x 0x 0.5x 0.5x
Capitalization / Revenue 0.11x 0.11x 0.1x 0.09x 0.17x 0.2x 0.2x 0.19x
EV / Revenue 0.38x 0.42x 0.34x 0.34x 0.42x 0.37x 0.37x 0.34x
EV / EBITDA 5.47x 7.3x 6.37x 5.94x 8.53x 6.03x 5.74x 4.81x
EV / EBIT 8.24x 11.4x 9.24x 8.6x 12.7x 7.52x 7.48x 6.18x
EV / FCF -11.4x -444x -35.9x -327x -14.2x -24.4x 27.7x 17.3x
FCF Yield -8.77% -0.23% -2.79% -0.31% -7.04% -4.1% 3.61% 5.79%
Dividend per Share 3 1,450 1,450 1,550 1,600 1,650 2,529 2,593 2,629
Rate of return 2.68% 2.08% 1.66% 1.7% 0.83% 0.82% 0.84% 0.85%
EPS 3 10,056 16,165 16,117 8,677 9,857 20,769 26,131 30,998
Distribution rate 14.4% 8.97% 9.62% 18.4% 16.7% 12.2% 9.92% 8.48%
Net sales 1 13,096 17,493 24,516 27,545 31,825 41,599 42,385 45,127
EBITDA 1 909 1,009 1,305 1,554 1,568 2,577 2,735 3,158
EBIT 1 604 645.3 899.9 1,074 1,056 2,066 2,100 2,460
Net income 1 277.8 524.6 541.7 238.4 269.9 653.6 810.9 964.3
Net Debt 1 3,474 5,456 5,756 6,658 7,905 7,066 7,236 6,720
Reference price 3 54,100.00 69,700.00 93,200.00 94,300.00 1,99,900.00 3,10,000.00 3,10,000.00 3,10,000.00
Nbr of stocks (in thousands) 27,767 27,459 27,459 27,348 27,348 27,348 - -
Announcement Date 14/02/22 14/02/23 05/02/24 05/02/25 02/02/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15x0.37x6.05x0.81% 622.14Cr
25.82x1.68x13.13x0.84% 4.08TCr
38.36x6.93x29.58x - 875.81Cr
19.58x1.01x8.4x2.24% 708.42Cr
18.63x2.21x12.59x1.59% 565.18Cr
59.96x4.42x42.84x0.1% 562.66Cr
13.82x1.59x12.26x3.01% 421.08Cr
Average 27.31x 2.60x 17.84x 1.43% 1.12TCr
Weighted average by Cap. 27.09x 2.33x 16.03x 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