Financials LS Eco Energy Ltd.

Equities

A229640

KR7229640008

Electrical Components & Equipment

End-of-day quote Korea S.E. 23:00:00 15/05/2024 BST 5-day change 1st Jan Change
30,000 KRW -1.64% Intraday chart for LS Eco Energy Ltd. -7.12% +43.54%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 245,612 235,252 239,705 220,359 633,846 909,827 - -
Enterprise Value (EV) 2 308.4 339.3 382.1 369.3 633.8 1,028 1,019 1,008
P/E ratio 15.3 x 32.4 x 16.3 x -116 x 154 x 47.4 x 42.5 x 39.3 x
Yield 2.24% 2.57% 3.03% 3.43% - 0.66% 0.68% 0.73%
Capitalization / Revenue 0.47 x 0.41 x 0.32 x 0.27 x 0.87 x 1.22 x 1.13 x 1.08 x
EV / Revenue 0.59 x 0.59 x 0.51 x 0.45 x 0.87 x 1.38 x 1.27 x 1.2 x
EV / EBITDA 9.54 x 14.5 x 10.9 x 10.5 x 17.1 x 22.9 x 20.9 x 19.5 x
EV / FCF -9.17 x -18.8 x -11.1 x -364 x - 42.8 x - 36 x
FCF Yield -10.9% -5.31% -8.99% -0.27% - 2.34% - 2.78%
Price to Book 1.52 x 1.78 x 1.55 x 1.47 x - 5.66 x 5.13 x 4.66 x
Nbr of stocks (in thousands) 30,625 30,238 30,228 30,228 30,328 30,328 - -
Reference price 3 8,020 7,780 7,930 7,290 20,900 30,000 30,000 30,000
Announcement Date 17/01/20 09/02/21 17/01/22 08/02/23 07/02/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 520.3 579.6 743.5 818.5 731.1 743.6 803.9 839.4
EBITDA 1 32.32 23.4 35 35.11 37.17 44.8 48.67 51.6
EBIT 1 25.95 16.08 28.2 27.45 29.49 37.38 41.15 43.55
Operating Margin 4.99% 2.77% 3.79% 3.35% 4.03% 5.03% 5.12% 5.19%
Earnings before Tax (EBT) 1 22.35 12.27 21.06 -5.072 8.593 27.85 31.48 34.08
Net income 1 17.09 8.283 14.64 -1.916 4.13 19.2 21.68 23.45
Net margin 3.28% 1.43% 1.97% -0.23% 0.56% 2.58% 2.7% 2.79%
EPS 2 523.0 240.0 486.0 -63.00 136.0 632.2 706.2 763.5
Free Cash Flow 3 -33,648 -18,002 -34,355 -1,014 - 24,000 - 28,000
FCF margin -6,467.09% -3,105.8% -4,620.94% -123.94% - 3,227.65% - 3,335.82%
FCF Conversion (EBITDA) - - - - - 53,571.43% - 54,263.57%
FCF Conversion (Net income) - - - - - 125,000% - 119,402.99%
Dividend per Share 2 180.0 200.0 240.0 250.0 - 197.5 205.0 217.5
Announcement Date 17/01/20 09/02/21 17/01/22 08/02/23 07/02/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 203 163.2 195.6 234.3 194.3 194.3 176.4 187.3 167.5 199.8 179.9 185.3 174.2 194.7 212.8
EBITDA 1 - - - - - - - - - - 11.54 9.5 10.9 10 13
EBIT 1 5.433 8.059 6.833 8.746 9.394 2.496 5.272 5.941 11.06 7.215 9.7 8.3 8.95 8.3 11.6
Operating Margin 2.68% 4.94% 3.49% 3.73% 4.83% 1.28% 2.99% 3.17% 6.6% 3.61% 5.39% 4.48% 5.14% 4.26% 5.45%
Earnings before Tax (EBT) 1 5.096 4.915 5.295 4.385 4.122 -18.86 1.707 1.446 3.656 1.783 9.521 5.25 5.45 4.95 11.6
Net income 1 3.226 3.872 3.45 3.14 - -11.2 - - - - 7.248 3.6 3.2 3.7 7.9
Net margin 1.59% 2.37% 1.76% 1.34% - -5.77% - - - - 4.03% 1.94% 1.84% 1.9% 3.71%
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 29/10/21 17/01/22 14/04/22 13/07/22 26/10/22 08/02/23 15/05/23 25/07/23 02/11/23 07/02/24 24/04/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 62.8 104 142 149 - 118 109 98
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.943 x 4.447 x 4.069 x 4.241 x - 2.633 x 2.245 x 1.9 x
Free Cash Flow 2 -33,648 -18,002 -34,355 -1,014 - 24,000 - 28,000
ROE (net income / shareholders' equity) 11.2% 5.34% 10.2% -5.53% - 12.8% 12.9% 12.7%
ROA (Net income/ Total Assets) 4.82% 2.13% 3.22% -0.38% - 6.37% 6.6% 6.6%
Assets 1 354.6 388.1 454.6 501 - 301.6 328.4 355.3
Book Value Per Share 3 5,265 4,374 5,107 4,964 - 5,302 5,844 6,435
Cash Flow per Share 3 -744.0 -450.0 -1,075 270.0 - 1,173 1,250 1,316
Capex 1 10.9 4.3 1.87 9.17 - 5 5.2 5.5
Capex / Sales 2.09% 0.74% 0.25% 1.12% - 0.67% 0.65% 0.66%
Announcement Date 17/01/20 09/02/21 17/01/22 08/02/23 07/02/24 - - -
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
BUY
Number of Analysts
4
Last Close Price
30,000 KRW
Average target price
26,875 KRW
Spread / Average Target
-10.42%
Consensus

Quarterly revenue - Rate of surprise

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