New Risk • Jun 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩146,600, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Industrials industry in South Korea. Total returns to shareholders of 87% over the past three years. New Risk • May 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.8% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (91% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩126,000, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Industrials industry in South Korea. Total returns to shareholders of 59% over the past three years. Price Target Changed • May 09
Price target increased by 7.5% to ₩115,077 Up from ₩107,000, the current price target is an average from 13 analysts. New target price is 5.7% above last closing price of ₩108,900. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₩8,874 for next year compared to ₩4,781 last year. Announcement • Apr 25
LG Corp. to Report Q1, 2026 Results on May 07, 2026 LG Corp. announced that they will report Q1, 2026 results at 4:00 PM, Korea Standard Time on May 07, 2026 New Risk • Mar 23
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 94% Dividend yield: 3.6% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (94% payout ratio). Large one-off items impacting financial results. New Risk • Mar 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩88,800, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Industrials industry in South Korea. Total returns to shareholders of 10% over the past three years. Announcement • Feb 27
LG Corp., Annual General Meeting, Mar 26, 2026 LG Corp., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 128, yeoui-daero, yeongdeungpo-gu, seoul South Korea Major Estimate Revision • Feb 07
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩9.04b to ₩8.18b. EPS estimate also fell from ₩9,549 per share to ₩8,505 per share. Net income forecast to grow 96% next year vs 39% growth forecast for Industrials industry in South Korea. Consensus price target up from ₩98,000 to ₩100,917. Share price fell 2.2% to ₩89,700 over the past week. Declared Dividend • Feb 07
Dividend of ₩2,100 announced Shareholders will receive a dividend of ₩2,100. Ex-date: 30th March 2026 Payment date: 1st January 1970 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 21
LG Corp. to Report Q4, 2025 Results on Feb 05, 2026 LG Corp. announced that they will report Q4, 2025 results on Feb 05, 2026 Announcement • Oct 30
LG Corp. to Report Q3, 2025 Results on Nov 13, 2025 LG Corp. announced that they will report Q3, 2025 results at 3:00 PM, Korea Standard Time on Nov 13, 2025 Upcoming Dividend • Sep 04
Upcoming dividend of ₩1,000 per share Eligible shareholders must have bought the stock before 11 September 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of South Korean dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Jul 25
LG Corp. to Report Q2, 2025 Results on Aug 14, 2025 LG Corp. announced that they will report Q2, 2025 results on Aug 14, 2025 Major Estimate Revision • May 10
Consensus EPS estimates increase by 19% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩8,880 to ₩10,529. Revenue forecast steady at ₩8.33b. Net income forecast to grow 197% next year vs 15% growth forecast for Industrials industry in South Korea. Consensus price target broadly unchanged at ₩90,182. Share price was steady at ₩67,700 over the past week. Announcement • Apr 26
LG Corp. to Report Q1, 2025 Results on May 08, 2025 LG Corp. announced that they will report Q1, 2025 results on May 08, 2025 Reported Earnings • Mar 22
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₩3,712 (down from ₩8,032 in FY 2023). Revenue: ₩7.18t (down 3.6% from FY 2023). Net income: ₩574.7b (down 54% from FY 2023). Profit margin: 8.0% (down from 17% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.2% decline forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Feb 22
LG Corp., Annual General Meeting, Mar 26, 2025 LG Corp., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 128, yeoui-daero, yeongdeungpo-gu, seoul South Korea Announcement • Jan 23
LG Corp. to Report Q4, 2024 Results on Feb 06, 2025 LG Corp. announced that they will report Q4, 2024 results at 3:00 PM, Korea Standard Time on Feb 06, 2025 Announcement • Dec 09
Lg Ai Research Releases New Version of Generative Ai, Exaone 3.5 LG AI Research has open-sourced its latest AI model, EXAONE 3.5, further enhancing its performance. Unlike previous EXAONE 3.0, LG AI Research will open source all three models, an ultra-lightweight model for on-device use (2.4 billion parameters), a lightweight model for general purpose (7.8 billion parameters), and a high-performance model for specialized application (32 billion parameters). To reduce the hallucination and to increase the accuracy and reliability of answers, LG AI Research has advanced Retrieval-Augmented Generation (RAG) technology, which generates answers based on real-time web search results or uploaded documents, and Multi-step Reasoning, which allows AI to deconstruct user's inquiry step-by-step to develop logical reasoning. Depending on the length of sentence inputs, EXAONE 3. 5 can process long texts, roughly equivalent to around 100 pages at a time. All three models, from on-device to high-performance, can be used for research purposes, and anyone can check and validate the models. LG AI Research expects the open-source release to promote an open AI research ecosystem and increase the pace of innovation. LG employees can use AI agent, real-time web, and document-based question-and-answer capabilities without any data leakage or security issues. LG AI Research has officially launched its enterprise AI agent, ChatEXAONE for its employees, starting the 'era of everyday AI'. From the 9th of this month, LG employees can sign up and start using ChatEXAONE in their work immediately. Based on the new EXAONE 3.5 model, ChatEXAONE applies information encryption and privacy protection technology so that employees can use it in their work without worrying about leaking internal data within the company's security environment. LG AI Research expects ChatEXAONE to help employees increase their work productivity and efficiency, from real-time web information search to document summarization, translation, report writing, data analysis, and coding. With the application of EXAONE 3.5 to ChatEXAONE,LG AI Research has enhanced its performance and added 'Deep' and 'Dive' functions. 'Deep' is a feature that enables ChatEXAONE to analyze and inferred multiple questions in stages and provide a comprehensive answer when a complex question is asked, and can be used when want accurate and in-depth report-level results. Four years on, LG AI Research accelerates innovation, expands AI ecosystem and delivers tangible results. LG AI Research, the AI think tank for LG Group, which celebrated its fourth anniversary on 7 December 2020, is preparing for the beyond of EXAONE 3. 5 already. LG AI Research has researched on Large Action Model (LAM) that plans and acts on its own and plans to develop an AI agent based on the technology in 2025. Major Estimate Revision • Nov 22
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩8,234 to ₩7,149 per share. Revenue forecast steady at ₩7.84b. Net income forecast to grow 47% next year vs 41% growth forecast for Industrials industry in South Korea. Consensus price target down from ₩108,889 to ₩106,667. Share price rose 7.6% to ₩76,800 over the past week. Major Estimate Revision • Nov 20
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩7.91b to ₩7.77b. EPS estimate also fell from ₩8,234 per share to ₩7,407 per share. Net income forecast to grow 40% next year vs 39% growth forecast for Industrials industry in South Korea. Consensus price target down from ₩108,889 to ₩106,667. Share price rose 3.4% to ₩76,500 over the past week. Announcement • Oct 26
LG Corp. to Report Q3, 2024 Results on Nov 14, 2024 LG Corp. announced that they will report Q3, 2024 results on Nov 14, 2024 Buy Or Sell Opportunity • Aug 27
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at ₩81,300. The fair value is estimated to be ₩67,710, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 26%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 90% in the next 2 years. Major Estimate Revision • Aug 10
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩8.23b to ₩8.10b. EPS estimate also fell from ₩9,848 per share to ₩8,796 per share. Net income forecast to grow 32% next year vs 66% growth forecast for Industrials industry in South Korea. Consensus price target broadly unchanged at ₩110,818. Share price fell 8.2% to ₩78,000 over the past week. Announcement • Jul 17
LG Corp. to Report Q2, 2024 Results on Aug 08, 2024 LG Corp. announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: ₩8,032 (vs ₩8,674 in FY 2022) Full year 2023 results: EPS: ₩8,032 (down from ₩8,674 in FY 2022). Revenue: ₩7.45t (up 3.6% from FY 2022). Net income: ₩1.26t (down 8.8% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩88,300, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Industrials industry in South Korea. Total loss to shareholders of 11% over the past three years. Announcement • Jan 23
LG Corp. to Report Q4, 2023 Results on Feb 07, 2024 LG Corp. announced that they will report Q4, 2023 results on Feb 07, 2024 Upcoming Dividend • Dec 20
Upcoming dividend of ₩3,000 per share at 3.5% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 12 April 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (3.0%). Announcement • Oct 24
LG Corp. to Report Q3, 2023 Results on Nov 09, 2023 LG Corp. announced that they will report Q3, 2023 results on Nov 09, 2023 Major Estimate Revision • Aug 12
Consensus EPS estimates fall by 19%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ₩7.90b to ₩8.24b. EPS estimate fell from ₩10,786 to ₩8,791 per share. Net income forecast to grow 54% next year vs 75% growth forecast for Industrials industry in South Korea. Consensus price target broadly unchanged at ₩113,667. Share price was steady at ₩82,300 over the past week. Major Estimate Revision • Jul 22
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩12,296 to ₩10,786 per share. Revenue forecast steady at ₩7.90b. Net income forecast to grow 79% next year vs 100% growth forecast for Industrials industry in South Korea. Consensus price target of ₩112,875 unchanged from last update. Share price was steady at ₩87,500 over the past week. Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩2,870 (vs ₩4,664 in 1Q 2022) First quarter 2023 results: EPS: ₩2,870 (down from ₩4,664 in 1Q 2022). Revenue: ₩1.65t (down 7.6% from 1Q 2022). Net income: ₩453.2b (down 39% from 1Q 2022). Profit margin: 28% (down from 42% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • Mar 26
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: ₩8,674 (down from ₩12,469 in FY 2021). Revenue: ₩7.19t (up 4.8% from FY 2021). Net income: ₩1.38t (down 33% from FY 2021). Profit margin: 19% (down from 30% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Feb 12
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩7.87b to ₩7.60b. EPS estimate also fell from ₩13,926 per share to ₩11,455 per share. Net income forecast to grow 27% next year vs 15% growth forecast for Industrials industry in South Korea. Consensus price target broadly unchanged at ₩112,111. Share price was steady at ₩80,300 over the past week. Upcoming Dividend • Dec 21
Upcoming dividend of ₩2,800 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 12 April 2023. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (3.9%). Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: ₩2,604 (vs ₩3,443 in 3Q 2021) Third quarter 2022 results: EPS: ₩2,604 (down from ₩3,443 in 3Q 2021). Revenue: ₩1.75t (up 4.8% from 3Q 2021). Net income: ₩410.7b (down 23% from 3Q 2021). Profit margin: 24% (down from 32% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Chairman & CEO Kwang-Mo Koo was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Major Estimate Revision • Aug 14
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩17,215 to ₩15,365 per share. Revenue forecast steady at ₩7.44b. Net income forecast to grow 45% next year vs 19% growth forecast for Industrials industry in South Korea. Consensus price target up from ₩108,222 to ₩110,444. Share price rose 5.4% to ₩84,500 over the past week. Major Estimate Revision • May 14
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩7.74b to ₩7.33b. EPS estimate rose from ₩14,992 to ₩16,574. Net income forecast to grow 33% next year vs 19% growth forecast for Industrials industry in South Korea. Consensus price target down from ₩118,444 to ₩113,000. Share price rose 3.0% to ₩75,000 over the past week. Price Target Changed • Apr 27
Price target decreased to ₩120,222 Down from ₩132,000, the current price target is an average from 8 analysts. New target price is 69% above last closing price of ₩71,200. Stock is down 49% over the past year. The company is forecast to post earnings per share of ₩14,992 for next year compared to ₩12,470 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). Vice Chairman & COO Young-Soo Kwon was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Apr 18
Price target decreased to ₩120,222 Down from ₩132,000, the current price target is an average from 8 analysts. New target price is 64% above last closing price of ₩73,100. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₩14,992 for next year compared to ₩12,470 last year. Major Estimate Revision • Feb 11
Consensus revenue estimates fall by 15% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from ₩8.73b to ₩7.42b. EPS estimate fell from ₩15,484 to ₩13,906 per share. Net income forecast to grow 11% next year vs 42% growth forecast for Industrials industry in South Korea. Consensus price target down from ₩132,000 to ₩126,000. Share price was steady at ₩75,000 over the past week. Upcoming Dividend • Dec 22
Upcoming dividend of ₩2,500 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (2.8%). Reported Earnings • Nov 21
Third quarter 2021 earnings released: EPS ₩3,503 (vs ₩3,956 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₩2.03t (up 6.3% from 3Q 2020). Net income: ₩544.1b (down 22% from 3Q 2020). Profit margin: 27% (down from 37% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Major Estimate Revision • Aug 13
Consensus EPS estimates increase to ₩14,509 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₩8.23b to ₩8.34b. EPS estimate increased from ₩12,858 to ₩14,509 per share. Net income forecast to grow 32% next year vs 53% growth forecast for Industrials industry in South Korea. Consensus price target broadly unchanged at ₩143,620. Share price was steady at ₩94,000 over the past week. Price Target Changed • Jun 18
Price target decreased to ₩138,272 Down from ₩151,384, the current price target is an average from 12 analysts. New target price is 33% above last closing price of ₩104,000. Stock is up 37% over the past year. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improved over the past week After last week's 20% share price gain to ₩109,500, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Industrials industry in South Korea. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩53,494 per share. Price Target Changed • Jan 24
Price target raised to ₩126,214 Up from ₩114,214, the current price target is an average from 14 analysts. The new target price is 18% above the current share price of ₩107,000. As of last close, the stock is up 46% over the past year. Is New 90 Day High Low • Jan 14
New 90-day high: ₩108,500 The company is up 51% from its price of ₩72,000 on 16 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩128,148 per share. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 23% share price gain to ₩107,500, the stock is trading at a trailing P/E ratio of 15.6x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 17x in the Industrials industry in South Korea. Total returns to shareholders over the past three years are 25%. Is New 90 Day High Low • Dec 23
New 90-day high: ₩86,400 The company is up 20% from its price of ₩72,200 on 24 September 2020. The South Korean market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩72,165 per share. Reported Earnings • Nov 22
Third quarter 2020 earnings released: EPS ₩4,224 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₩1.96t (up 17% from 3Q 2019). Net income: ₩742.4b (up 123% from 3Q 2019). Profit margin: 38% (up from 20% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 19
New 90-day low: ₩71,500 The company is down 1.0% from its price of ₩72,200 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Industrials industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩121,708 per share. 
