View ValuationL&F 将来の成長Future 基準チェック /46L&F利益と収益がそれぞれ年間114.8%と17.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に17.8% 118.3%なると予測されています。主要情報114.8%収益成長率118.31%EPS成長率Electrical 収益成長44.2%収益成長率17.3%将来の株主資本利益率17.76%アナリストカバレッジGood最終更新日21 Jul 2026今後の成長に関する最新情報Price Target Changed • May 05Price target increased by 11% to ₩191,938Up from ₩172,188, the current price target is an average from 24 analysts. New target price is 9.9% below last closing price of ₩213,000. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩589 next year compared to a net loss per share of ₩15,508 last year.Price Target Changed • Apr 07Price target increased by 12% to ₩156,180Up from ₩139,380, the current price target is an average from 25 analysts. New target price is 15% below last closing price of ₩184,400. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩1,447 next year compared to a net loss per share of ₩15,508 last year.Breakeven Date Change • Mar 31Forecast to breakeven in 2026The 23 analysts covering L&F expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of ₩62.0b in 2026. Earnings growth of 101% is required to achieve expected profit on schedule.Major Estimate Revision • Feb 06Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩3.01b to ₩2.78b. EPS estimate also fell from ₩1,482 per share to ₩1,037 per share. Net income forecast to grow 88% next year vs 42% growth forecast for Electrical industry in South Korea. Consensus price target broadly unchanged at ₩134,109. Share price fell 9.9% to ₩113,800 over the past week.Major Estimate Revision • Oct 30Consensus EPS estimates fall by 62%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -₩6,531 to -₩10,554 per share. Revenue forecast unchanged at ₩2.25b. Electrical industry in South Korea expected to see average net income growth of 49% next year. Consensus price target up from ₩96,186 to ₩106,864. Share price rose 10% to ₩125,100 over the past week.Price Target Changed • Oct 25Price target increased by 14% to ₩100,826Up from ₩88,565, the current price target is an average from 23 analysts. New target price is 25% below last closing price of ₩133,600. Stock is up 32% over the past year. The company is forecast to post a net loss per share of ₩6,442 next year compared to a net loss per share of ₩11,266 last year.すべての更新を表示Recent updatesお知らせ • 13hL&F Co., Ltd. to Report First Half, 2026 Results on Aug 06, 2026L&F Co., Ltd. announced that they will report first half, 2026 results on Aug 06, 2026分析記事 • Jul 15Should You Investigate L&F Co., Ltd. (KRX:066970) At ₩95,100?While L&F Co., Ltd. ( KRX:066970 ) might not have the largest market cap around , it saw significant share price...Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Kyunghee Kim was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • May 05Price target increased by 11% to ₩191,938Up from ₩172,188, the current price target is an average from 24 analysts. New target price is 9.9% below last closing price of ₩213,000. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩589 next year compared to a net loss per share of ₩15,508 last year.New Risk • Apr 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding).お知らせ • Apr 26L&F Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026L&F Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Price Target Changed • Apr 07Price target increased by 12% to ₩156,180Up from ₩139,380, the current price target is an average from 25 analysts. New target price is 15% below last closing price of ₩184,400. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩1,447 next year compared to a net loss per share of ₩15,508 last year.Breakeven Date Change • Mar 31Forecast to breakeven in 2026The 23 analysts covering L&F expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of ₩62.0b in 2026. Earnings growth of 101% is required to achieve expected profit on schedule.Reported Earnings • Mar 21Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: ₩15,508 loss per share (further deteriorated from ₩11,266 loss in FY 2024). Revenue: ₩2.15t (up 13% from FY 2024). Net loss: ₩533.5b (loss widened 41% from FY 2024). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 71%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.お知らせ • Feb 12L&F Co., Ltd., Annual General Meeting, Mar 25, 2026L&F Co., Ltd., Annual General Meeting, Mar 25, 2026, at 10:30 Tokyo Standard Time. Location: conference room, 11, igokdong-ro, dalseo-gu, daegu South KoreaMajor Estimate Revision • Feb 06Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩3.01b to ₩2.78b. EPS estimate also fell from ₩1,482 per share to ₩1,037 per share. Net income forecast to grow 88% next year vs 42% growth forecast for Electrical industry in South Korea. Consensus price target broadly unchanged at ₩134,109. Share price fell 9.9% to ₩113,800 over the past week.分析記事 • Jan 27Is L&F Co., Ltd. (KRX:066970) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for L&F is ₩101,249 based on 2 Stage Free Cash Flow to Equity L&F's ₩127,200...分析記事 • Dec 29Market Cool On L&F Co., Ltd.'s (KRX:066970) RevenuesIt's not a stretch to say that L&F Co., Ltd.'s ( KRX:066970 ) price-to-sales (or "P/S") ratio of 2x right now seems...Reported Earnings • Nov 19Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: ₩3,521 loss per share (further deteriorated from ₩2,268 loss in 3Q 2024). Revenue: ₩652.3b (up 86% from 3Q 2024). Net loss: ₩118.2b (loss widened 55% from 3Q 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Oct 30Consensus EPS estimates fall by 62%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -₩6,531 to -₩10,554 per share. Revenue forecast unchanged at ₩2.25b. Electrical industry in South Korea expected to see average net income growth of 49% next year. Consensus price target up from ₩96,186 to ₩106,864. Share price rose 10% to ₩125,100 over the past week.Price Target Changed • Oct 25Price target increased by 14% to ₩100,826Up from ₩88,565, the current price target is an average from 23 analysts. New target price is 25% below last closing price of ₩133,600. Stock is up 32% over the past year. The company is forecast to post a net loss per share of ₩6,442 next year compared to a net loss per share of ₩11,266 last year.分析記事 • Oct 19L&F (KRX:066970) Is Carrying A Fair Bit Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Sep 14It's Down 28% But L&F Co., Ltd. (KRX:066970) Could Be Riskier Than It LooksThe L&F Co., Ltd. ( KRX:066970 ) share price has softened a substantial 28% over the previous 30 days, handing back...お知らせ • Aug 29L&F Co., Ltd. announced that it expects to receive KRW 300 million in fundingL&F Co., Ltd announced private placement of Series 7 Unregistered Non-Guaranteed convertible bonds and warrants for gross proceeds KRW 300,000,000 on August 28, 2025. Interest rate of the bonds is 1% and yield 3% per annum. The bonds mature on September 9, 2030. The transaction is expected to close on September 1, 2025. The transaction was approved by board of directors.New Risk • Aug 20New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩53b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩53b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change).Reported Earnings • Aug 20Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: ₩3,334 loss per share (further deteriorated from ₩2,198 loss in 2Q 2024). Revenue: ₩520.1b (down 6.3% from 2Q 2024). Net loss: ₩111.9b (loss widened 52% from 2Q 2024). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 143%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Aug 05Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩2.30b to ₩2.18b. Losses expected to increase from ₩5,120 per share to ₩5,733. Electrical industry in South Korea expected to see average net income growth of 38% next year. Consensus price target broadly unchanged at ₩85,667. Share price rose 8.2% to ₩71,300 over the past week.Major Estimate Revision • Aug 01Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩2.30b to ₩2.18b. Losses expected to increase from ₩5,120 per share to ₩5,804. Electrical industry in South Korea expected to see average net income growth of 40% next year. Consensus price target broadly unchanged at ₩85,750. Share price was steady at ₩66,700 over the past week.分析記事 • Jul 26Even With A 25% Surge, Cautious Investors Are Not Rewarding L&F Co., Ltd.'s (KRX:066970) Performance CompletelyThose holding L&F Co., Ltd. ( KRX:066970 ) shares would be relieved that the share price has rebounded 25% in the last...分析記事 • Jul 17Does L&F (KRX:066970) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩111b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩111b free cash flow). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Major Estimate Revision • Jun 03Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -₩4,176 to -₩5,046 per share. Revenue forecast unchanged at ₩2.33b. Electrical industry in South Korea expected to see average net income growth of 36% next year. Consensus price target of ₩87,750 unchanged from last update. Share price rose 11% to ₩53,500 over the past week.Price Target Changed • May 13Price target decreased by 7.8% to ₩89,500Down from ₩97,043, the current price target is an average from 24 analysts. New target price is 40% above last closing price of ₩63,900. Stock is down 58% over the past year. The company is forecast to post a net loss per share of ₩4,176 next year compared to a net loss per share of ₩11,266 last year.Price Target Changed • Apr 10Price target decreased by 9.3% to ₩99,435Down from ₩109,652, the current price target is an average from 23 analysts. New target price is 67% above last closing price of ₩59,500. Stock is down 64% over the past year. The company is forecast to post a net loss per share of ₩2,300 next year compared to a net loss per share of ₩11,266 last year.分析記事 • Apr 09Slammed 28% L&F Co., Ltd. (KRX:066970) Screens Well Here But There Might Be A CatchTo the annoyance of some shareholders, L&F Co., Ltd. ( KRX:066970 ) shares are down a considerable 28% in the last...Reported Earnings • Mar 14Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ₩11,266 loss per share (further deteriorated from ₩5,813 loss in FY 2023). Revenue: ₩1.91t (down 59% from FY 2023). Net loss: ₩377.9b (loss widened 95% from FY 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.お知らせ • Feb 25L&F Co., Ltd., Annual General Meeting, Mar 19, 2025L&F Co., Ltd., Annual General Meeting, Mar 19, 2025, at 10:30 Tokyo Standard Time. Location: conference room, 11, igokdong-ro, dalseo-gu, daegu South KoreaMajor Estimate Revision • Feb 06Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩2.38b to ₩2.31b. Now expected to report a loss of ₩1,227 per share instead of ₩125 per share profit previously forecast. Electrical industry in South Korea expected to see average net income growth of 29% next year. Consensus price target down from ₩132,385 to ₩119,579. Share price fell 4.4% to ₩83,000 over the past week.Major Estimate Revision • Jan 21Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩3.24b to ₩3.03b. EPS estimate also fell from ₩777 per share to ₩301 per share. Net income forecast to grow 85% next year vs 29% growth forecast for Electrical industry in South Korea. Consensus price target down from ₩141,737 to ₩133,316. Share price was steady at ₩88,000 over the past week.分析記事 • Jan 11Not Many Are Piling Into L&F Co., Ltd. (KRX:066970) Stock Yet As It Plummets 25%L&F Co., Ltd. ( KRX:066970 ) shareholders that were waiting for something to happen have been dealt a blow with a 25...Price Target Changed • Dec 27Price target decreased by 7.7% to ₩141,737Down from ₩153,600, the current price target is an average from 19 analysts. New target price is 72% above last closing price of ₩82,500. Stock is down 60% over the past year. The company is forecast to post a net loss per share of ₩9,716 next year compared to a net loss per share of ₩5,813 last year.New Risk • Dec 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Major Estimate Revision • Nov 02Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩2.25b to ₩2.17b. Losses expected to increase from ₩8,720 per share to ₩9,900. Electrical industry in South Korea expected to see average net income growth of 32% next year. Consensus price target of ₩154,250 unchanged from last update. Share price rose 15% to ₩115,900 over the past week.Price Target Changed • Oct 30Price target decreased by 10% to ₩153,600Down from ₩171,048, the current price target is an average from 20 analysts. New target price is 37% above last closing price of ₩112,200. Stock is down 13% over the past year. The company is forecast to post a net loss per share of ₩8,720 next year compared to a net loss per share of ₩5,813 last year.分析記事 • Oct 24L&F (KRX:066970) Is Making Moderate Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Major Estimate Revision • Oct 18Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩7,298 to -₩8,451 per share. Revenue forecast unchanged at ₩2.22b. Electrical industry in South Korea expected to see average net income growth of 27% next year. Consensus price target broadly unchanged at ₩168,667. Share price fell 11% to ₩98,700 over the past week.分析記事 • Sep 27Market Participants Recognise L&F Co., Ltd.'s (KRX:066970) Revenues Pushing Shares 26% HigherL&F Co., Ltd. ( KRX:066970 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.2% 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: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).分析記事 • Jul 30Potential Upside For L&F Co., Ltd. (KRX:066970) Not Without RiskIt's not a stretch to say that L&F Co., Ltd.'s ( KRX:066970 ) price-to-sales (or "P/S") ratio of 1x right now seems...分析記事 • Jul 02Would L&F (KRX:066970) Be Better Off With Less Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • May 14Price target decreased by 7.5% to ₩227,409Down from ₩245,818, the current price target is an average from 22 analysts. New target price is 48% above last closing price of ₩154,000. Stock is down 39% over the past year. The company is forecast to post a net loss per share of ₩3,876 next year compared to a net loss per share of ₩5,813 last year.Major Estimate Revision • May 11Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩3.61b to ₩3.21b. EPS estimate increased from -₩699 to -₩363 per share. Electrical industry in South Korea expected to see average net income growth of 29% next year. Consensus price target down from ₩243,899 to ₩231,045. Share price fell 2.7% to ₩153,300 over the past week.Major Estimate Revision • Apr 16Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩3.93b to ₩3.71b. Now expected to report a loss of ₩391 per share instead of ₩468 per share profit previously forecast. Electrical industry in South Korea expected to see average net income growth of 24% next year. Consensus price target of ₩250,364 unchanged from last update. Share price fell 14% to ₩145,600 over the past week.分析記事 • Apr 12Take Care Before Diving Into The Deep End On L&F Co., Ltd. (KRX:066970)It's not a stretch to say that L&F Co., Ltd.'s ( KRX:066970 ) price-to-sales (or "P/S") ratio of 1.2x right now seems...Reported Earnings • Mar 15Full year 2023 earnings released: ₩6,258 loss per share (vs ₩8,269 profit in FY 2022)Full year 2023 results: ₩6,258 loss per share (down from ₩8,269 profit in FY 2022). Revenue: ₩4.64t (up 20% from FY 2022). Net loss: ₩209.7b (down 178% from profit in FY 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 01Would L&F (KRX:066970) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Feb 05Price target decreased by 7.9% to ₩262,571Down from ₩285,190, the current price target is an average from 21 analysts. New target price is 89% above last closing price of ₩138,600. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₩4,596 next year compared to a net loss per share of ₩6,258 last year.Reported Earnings • Feb 05Full year 2023 earnings released: ₩6,258 loss per share (vs ₩8,269 profit in FY 2022)Full year 2023 results: ₩6,258 loss per share (down from ₩8,269 profit in FY 2022). Revenue: ₩4.64t (up 20% from FY 2022). Net loss: ₩209.7b (down 178% from profit in FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Feb 02Consensus revenue estimates decrease by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩6.25b to ₩4.45b. EPS estimate unchanged at ₩7,925 per share. Net income forecast to grow 26% next year vs 64% growth forecast for Electrical industry in South Korea. Consensus price target broadly unchanged at ₩278,048. Share price fell 4.1% to ₩152,900 over the past week.Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩157,500, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electrical industry in South Korea. Total returns to shareholders of 114% over the past three years.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩196,400, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Electrical industry in South Korea. Total returns to shareholders of 204% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 0.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (0.3%).Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩176,300, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 244% over the past three years.New Risk • Nov 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 4.4% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.6% net profit margin).Price Target Changed • Nov 09Price target decreased by 9.0% to ₩295,190Down from ₩324,238, the current price target is an average from 21 analysts. New target price is 92% above last closing price of ₩153,400. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₩3,173 for next year compared to ₩8,269 last year.お知らせ • Nov 04L&F Co., Ltd. to Report Nine Months, 2023 Results on Nov 06, 2023L&F Co., Ltd. announced that they will report nine months, 2023 results on Nov 06, 2023Valuation Update With 7 Day Price Move • Oct 31Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩130,400, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 242% over the past three years.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩217,000, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 400% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩411,453 per share.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩279,000, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 714% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩409,182 per share.Buying Opportunity • Jun 08Now 22% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₩346,313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 94% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 121% in 2 years. Earnings is forecast to grow by 189% in the next 2 years.Reported Earnings • May 14First quarter 2023 earnings released: ₩454 loss per share (vs ₩2,238 profit in 1Q 2022)First quarter 2023 results: ₩454 loss per share (down from ₩2,238 profit in 1Q 2022). Revenue: ₩1.36t (up 146% from 1Q 2022). Net loss: ₩15.1b (down 121% from profit in 1Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has increased by 132% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 29Price target increased by 7.3% to ₩373,529Up from ₩348,000, the current price target is an average from 17 analysts. New target price is 41% above last closing price of ₩265,000. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₩8,478 for next year compared to ₩8,269 last year.Buying Opportunity • Apr 25Now 21% undervaluedOver the last 90 days, the stock is up 42%. The fair value is estimated to be ₩345,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 91% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 26% per annum. Earnings is also forecast to grow by 32% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩268,000, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 1,573% over the past three years.Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩8,269 (up from ₩4,198 loss in FY 2021). Revenue: ₩3.89t (up 300% from FY 2021). Net income: ₩270.0b (up ₩383.1b from FY 2021). Profit margin: 6.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has increased by 139% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Feb 14Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩6.23b to ₩6.14b. EPS estimate also fell from ₩10,581 per share to ₩8,358 per share. Net income forecast to grow 162% next year vs 8.9% growth forecast for Electronic industry in South Korea. Consensus price target broadly unchanged at ₩335,286. Share price rose 11% to ₩246,000 over the past week.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩207,500, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 859% over the past three years.Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩4.15b to ₩4.05b. EPS estimate rose from ₩7,185 to ₩8,052. Net income forecast to grow 162% next year vs 13% growth forecast for Electronic industry in South Korea. Consensus price target of ₩353,571 unchanged from last update. Share price rose 3.0% to ₩231,800 over the past week.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: ₩2,746 (up from ₩419 loss in 3Q 2021). Revenue: ₩1.24t (up 416% from 3Q 2021). Net income: ₩91.2b (up ₩102.9b from 3Q 2021). Profit margin: 7.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic 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 increased by 123% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Nov 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩4.15b to ₩4.01b. EPS estimate rose from ₩7,185 to ₩8,098. Net income forecast to grow 840% next year vs 28% growth forecast for Electronic industry in South Korea. Consensus price target of ₩353,571 unchanged from last update. Share price was steady at ₩222,500 over the past week.Buying Opportunity • Jul 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.4%. The fair value is estimated to be ₩278,569, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company became loss making.Price Target Changed • May 18Price target increased to ₩335,000Up from ₩306,000, the current price target is an average from 10 analysts. New target price is 35% above last closing price of ₩248,000. Stock is up 183% over the past year. The company is forecast to post earnings per share of ₩6,055 next year compared to a net loss per share of ₩4,198 last year.Price Target Changed • Apr 30Price target increased to ₩306,667Up from ₩286,000, the current price target is an average from 9 analysts. New target price is 40% above last closing price of ₩219,300. Stock is up 142% over the past year. The company is forecast to post earnings per share of ₩3,616 next year compared to a net loss per share of ₩4,198 last year.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Mar 16Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: ₩4,198 loss per share (down from ₩679 loss in FY 2020). Revenue: ₩970.8b (up 173% from FY 2020). Net loss: ₩113.1b (loss widened ₩97.9b from FY 2020). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 135%, compared to a 30% growth forecast for the industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 199 percentage points per year, which is a significant difference in performance.Price Target Changed • Dec 24Price target increased to ₩271,667Up from ₩247,143, the current price target is an average from 6 analysts. New target price is 29% above last closing price of ₩210,800. Stock is up 203% over the past year. The company is forecast to post earnings per share of ₩88.50 next year compared to a net loss per share of ₩687 last year.Upcoming Dividend • Dec 22Inaugural dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in December 2021. The average dividend yield among industry peers is 0.4%.Reported Earnings • Nov 18Third quarter 2021 earnings released: ₩419 loss per share (vs ₩160 loss in 3Q 2020)The company reported a decent third quarter result with improved revenues, although losses increased and control over costs was weaker. Third quarter 2021 results: Revenue: ₩240.7b (up 186% from 3Q 2020). Net loss: ₩11.7b (loss widened 232% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 213 percentage points per year, which is a significant difference in performance.Price Target Changed • Jul 20Price target increased to ₩128,429Up from ₩113,625, the current price target is an average from 7 analysts. New target price is 12% above last closing price of ₩114,700. Stock is up 219% over the past year.Price Target Changed • Jul 14Price target increased to ₩121,286Up from ₩111,125, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of ₩116,500. Stock is up 201% over the past year.Price Target Changed • May 28Price target increased to ₩107,000Up from ₩97,800, the current price target is an average from 6 analysts. New target price is 18% above last closing price of ₩90,600. Stock is up 284% over the past year.Price Target Changed • Apr 28Price target increased to ₩97,800Up from ₩82,400, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₩93,400. Stock is up 389% over the past year.分析記事 • Apr 19At ₩95,600, Is L&F Co., Ltd. (KOSDAQ:066970) Worth Looking At Closely?While L&F Co., Ltd. ( KOSDAQ:066970 ) might not be the most widely known stock at the moment, it led the KOSDAQ gainers...Price Target Changed • Apr 02Price target increased to ₩82,400Up from ₩70,400, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₩81,600. Stock is up 355% over the past year.Reported Earnings • Mar 11Full year 2020 earnings released: ₩687 loss per share (vs ₩428 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₩356.1b (up 14% from FY 2019). Net loss: ₩15.2b (loss widened 69% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.お知らせ • Feb 25L&F Co., Ltd., Annual General Meeting, Mar 17, 2021L&F Co., Ltd., Annual General Meeting, Mar 17, 2021, at 10:30 Korea Standard Time.お知らせ • Feb 10L&F Co., Ltd. announced that it expects to receive KRW 84.999980708 billion in fundingL&F Co., Ltd. (KOSDAQ:A066970) announced a private placement of 3rd round unregistered non-guaranteed private convertible bonds for gross proceeds of KRW 9,000,000,000 and 628,793 registered redeemable convertible preferred shares at a price of KRW 73,156 per share for gross proceeds of KRW 45,999,980,708 for aggregate gross proceeds of KRW 54,999,980,708 on February 9, 2021. The transaction will include participation from Daishin-MYW New Technology Fund through third-party allotment method. The bonds do not carry any annual coupon and yield to maturity. The bonds will mature on February 17, 2026. The preferred shares are cumulative, participating and are redeemable from February 18, 2023 to February 17, 2026. The bonds are convertible into 109,510 common shares at fixed conversion price of KRW 109,510 per share from February 17, 2022 to January 17, 2026 and the preferred shares are convertible into 628,793 common shares from February 18, 2023 to February 17, 2026. The transaction is expected to close on February 17, 2021 and subscription date is February 15, 2021. The security issued in the transaction are subject to one year hold period. The transaction has been approved by the board of directors of the company.Is New 90 Day High Low • Feb 03New 90-day high: ₩85,500The company is up 104% from its price of ₩41,950 on 05 November 2020. The South Korean market is up 28% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩307 per share.分析記事 • Jan 28Here's What L&F Co., Ltd.'s (KOSDAQ:066970) Shareholder Ownership Structure Looks LikeThe big shareholder groups in L&F Co., Ltd. ( KOSDAQ:066970 ) have power over the company. Institutions often own...Is New 90 Day High Low • Jan 04New 90-day high: ₩76,500The company is up 91% from its price of ₩40,050 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩306 per share.分析記事 • Jan 01Is L&F (KOSDAQ:066970) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...業績と収益の成長予測KOSE:A066970 - アナリストの将来予測と過去の財務データ ( )KRW Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20284,687,146183,52286,300221,7531912/31/20273,888,541107,344-29,652113,9002412/31/20263,191,15720,046-67,82358,094243/31/20262,529,784-488,007-244,578-58,428N/A12/31/20252,154,939-533,545-168,599-29,205N/A9/30/20251,902,503-457,602-46,10355,260N/A6/30/20251,601,835-415,493-53,44655,189N/A3/31/20251,636,590-377,315-110,81741,862N/A12/31/20241,907,479-377,93870,429280,519N/A9/30/20242,199,759-545,67055,419401,928N/A6/30/20243,103,489-414,102-148,138258,811N/A3/31/20243,916,845-290,737-585,632-99,975N/A12/31/20234,644,090-194,314-860,994-374,649N/A9/30/20235,214,871133,610-1,403,465-1,010,429N/A6/30/20235,202,014169,307-1,471,215-1,062,786N/A3/31/20234,696,622184,148-1,181,740-886,172N/A12/31/20223,887,294269,973-1,153,312-864,288N/A9/30/20223,038,999132,774-716,592-431,601N/A6/30/20222,037,21629,914-489,953-308,526N/A3/31/20221,379,863-38,405-368,250-139,278N/A12/31/2021970,761-113,093-319,583-138,079N/A9/30/2021691,401-34,449-239,131-106,340N/A6/30/2021534,929-26,274-209,248-100,592N/A3/31/2021398,548-22,200-58,238-7,945N/A12/31/2020356,106-15,207-10,69045,269N/A9/30/2020340,308-3,392-65,995633N/A6/30/2020327,451-1,958-76,516-1,552N/A3/31/2020327,590-4,614-103,409-12,480N/A12/31/2019313,264-8,992N/A-25,335N/A9/30/2019347,373-4,288N/A23,265N/A6/30/2019405,9883,282N/A21,163N/A3/31/2019471,09212,421N/A825N/A12/31/2018505,66419,428N/A-2,837N/A9/30/2018505,34722,298N/A7,712N/A6/30/2018491,09724,413N/A19,022N/A3/31/2018457,07421,592N/A17,930N/A12/31/2017403,02019,891N/A6,588N/A9/30/2017356,64919,024N/A-8,470N/A6/30/2017311,23612,637N/A-27,737N/A3/31/2017269,11410,905N/A-7,855N/A12/31/2016249,7325,689N/A-8,922N/A9/30/2016235,6741,022N/A-14,579N/A6/30/2016225,597-997N/A1,290N/A3/31/2016222,722-4,272N/A-7,601N/A12/31/2015235,129-3,542N/A11,583N/A9/30/2015243,763-2,675N/A6,287N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: A066970は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.1% ) よりも高い成長率であると考えられます。収益対市場: A066970今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: A066970今後 3 年以内に収益を上げることが予想されます。収益対市場: A066970の収益 ( 17.3% ) KR市場 ( 15.8% ) よりも速いペースで成長すると予測されています。高い収益成長: A066970の収益 ( 17.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: A066970の 自己資本利益率 は、3年後には低くなると予測されています ( 17.8 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/31 07:24終値2026/07/31 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋L&F Co., Ltd. 24 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。29 アナリスト機関Taekyoung HaBofA Global ResearchOscar YeeCitigroup IncDong Cheol ShinCLSA26 その他のアナリストを表示
Price Target Changed • May 05Price target increased by 11% to ₩191,938Up from ₩172,188, the current price target is an average from 24 analysts. New target price is 9.9% below last closing price of ₩213,000. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩589 next year compared to a net loss per share of ₩15,508 last year.
Price Target Changed • Apr 07Price target increased by 12% to ₩156,180Up from ₩139,380, the current price target is an average from 25 analysts. New target price is 15% below last closing price of ₩184,400. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩1,447 next year compared to a net loss per share of ₩15,508 last year.
Breakeven Date Change • Mar 31Forecast to breakeven in 2026The 23 analysts covering L&F expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of ₩62.0b in 2026. Earnings growth of 101% is required to achieve expected profit on schedule.
Major Estimate Revision • Feb 06Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩3.01b to ₩2.78b. EPS estimate also fell from ₩1,482 per share to ₩1,037 per share. Net income forecast to grow 88% next year vs 42% growth forecast for Electrical industry in South Korea. Consensus price target broadly unchanged at ₩134,109. Share price fell 9.9% to ₩113,800 over the past week.
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 62%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -₩6,531 to -₩10,554 per share. Revenue forecast unchanged at ₩2.25b. Electrical industry in South Korea expected to see average net income growth of 49% next year. Consensus price target up from ₩96,186 to ₩106,864. Share price rose 10% to ₩125,100 over the past week.
Price Target Changed • Oct 25Price target increased by 14% to ₩100,826Up from ₩88,565, the current price target is an average from 23 analysts. New target price is 25% below last closing price of ₩133,600. Stock is up 32% over the past year. The company is forecast to post a net loss per share of ₩6,442 next year compared to a net loss per share of ₩11,266 last year.
お知らせ • 13hL&F Co., Ltd. to Report First Half, 2026 Results on Aug 06, 2026L&F Co., Ltd. announced that they will report first half, 2026 results on Aug 06, 2026
分析記事 • Jul 15Should You Investigate L&F Co., Ltd. (KRX:066970) At ₩95,100?While L&F Co., Ltd. ( KRX:066970 ) might not have the largest market cap around , it saw significant share price...
Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Kyunghee Kim was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • May 05Price target increased by 11% to ₩191,938Up from ₩172,188, the current price target is an average from 24 analysts. New target price is 9.9% below last closing price of ₩213,000. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩589 next year compared to a net loss per share of ₩15,508 last year.
New Risk • Apr 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding).
お知らせ • Apr 26L&F Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026L&F Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Price Target Changed • Apr 07Price target increased by 12% to ₩156,180Up from ₩139,380, the current price target is an average from 25 analysts. New target price is 15% below last closing price of ₩184,400. Stock is up 225% over the past year. The company is forecast to post earnings per share of ₩1,447 next year compared to a net loss per share of ₩15,508 last year.
Breakeven Date Change • Mar 31Forecast to breakeven in 2026The 23 analysts covering L&F expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of ₩62.0b in 2026. Earnings growth of 101% is required to achieve expected profit on schedule.
Reported Earnings • Mar 21Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: ₩15,508 loss per share (further deteriorated from ₩11,266 loss in FY 2024). Revenue: ₩2.15t (up 13% from FY 2024). Net loss: ₩533.5b (loss widened 41% from FY 2024). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 71%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 12L&F Co., Ltd., Annual General Meeting, Mar 25, 2026L&F Co., Ltd., Annual General Meeting, Mar 25, 2026, at 10:30 Tokyo Standard Time. Location: conference room, 11, igokdong-ro, dalseo-gu, daegu South Korea
Major Estimate Revision • Feb 06Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩3.01b to ₩2.78b. EPS estimate also fell from ₩1,482 per share to ₩1,037 per share. Net income forecast to grow 88% next year vs 42% growth forecast for Electrical industry in South Korea. Consensus price target broadly unchanged at ₩134,109. Share price fell 9.9% to ₩113,800 over the past week.
分析記事 • Jan 27Is L&F Co., Ltd. (KRX:066970) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for L&F is ₩101,249 based on 2 Stage Free Cash Flow to Equity L&F's ₩127,200...
分析記事 • Dec 29Market Cool On L&F Co., Ltd.'s (KRX:066970) RevenuesIt's not a stretch to say that L&F Co., Ltd.'s ( KRX:066970 ) price-to-sales (or "P/S") ratio of 2x right now seems...
Reported Earnings • Nov 19Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: ₩3,521 loss per share (further deteriorated from ₩2,268 loss in 3Q 2024). Revenue: ₩652.3b (up 86% from 3Q 2024). Net loss: ₩118.2b (loss widened 55% from 3Q 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 62%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -₩6,531 to -₩10,554 per share. Revenue forecast unchanged at ₩2.25b. Electrical industry in South Korea expected to see average net income growth of 49% next year. Consensus price target up from ₩96,186 to ₩106,864. Share price rose 10% to ₩125,100 over the past week.
Price Target Changed • Oct 25Price target increased by 14% to ₩100,826Up from ₩88,565, the current price target is an average from 23 analysts. New target price is 25% below last closing price of ₩133,600. Stock is up 32% over the past year. The company is forecast to post a net loss per share of ₩6,442 next year compared to a net loss per share of ₩11,266 last year.
分析記事 • Oct 19L&F (KRX:066970) Is Carrying A Fair Bit Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Sep 14It's Down 28% But L&F Co., Ltd. (KRX:066970) Could Be Riskier Than It LooksThe L&F Co., Ltd. ( KRX:066970 ) share price has softened a substantial 28% over the previous 30 days, handing back...
お知らせ • Aug 29L&F Co., Ltd. announced that it expects to receive KRW 300 million in fundingL&F Co., Ltd announced private placement of Series 7 Unregistered Non-Guaranteed convertible bonds and warrants for gross proceeds KRW 300,000,000 on August 28, 2025. Interest rate of the bonds is 1% and yield 3% per annum. The bonds mature on September 9, 2030. The transaction is expected to close on September 1, 2025. The transaction was approved by board of directors.
New Risk • Aug 20New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩53b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩53b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change).
Reported Earnings • Aug 20Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: ₩3,334 loss per share (further deteriorated from ₩2,198 loss in 2Q 2024). Revenue: ₩520.1b (down 6.3% from 2Q 2024). Net loss: ₩111.9b (loss widened 52% from 2Q 2024). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 143%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Aug 05Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩2.30b to ₩2.18b. Losses expected to increase from ₩5,120 per share to ₩5,733. Electrical industry in South Korea expected to see average net income growth of 38% next year. Consensus price target broadly unchanged at ₩85,667. Share price rose 8.2% to ₩71,300 over the past week.
Major Estimate Revision • Aug 01Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩2.30b to ₩2.18b. Losses expected to increase from ₩5,120 per share to ₩5,804. Electrical industry in South Korea expected to see average net income growth of 40% next year. Consensus price target broadly unchanged at ₩85,750. Share price was steady at ₩66,700 over the past week.
分析記事 • Jul 26Even With A 25% Surge, Cautious Investors Are Not Rewarding L&F Co., Ltd.'s (KRX:066970) Performance CompletelyThose holding L&F Co., Ltd. ( KRX:066970 ) shares would be relieved that the share price has rebounded 25% in the last...
分析記事 • Jul 17Does L&F (KRX:066970) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩111b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩111b free cash flow). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Major Estimate Revision • Jun 03Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -₩4,176 to -₩5,046 per share. Revenue forecast unchanged at ₩2.33b. Electrical industry in South Korea expected to see average net income growth of 36% next year. Consensus price target of ₩87,750 unchanged from last update. Share price rose 11% to ₩53,500 over the past week.
Price Target Changed • May 13Price target decreased by 7.8% to ₩89,500Down from ₩97,043, the current price target is an average from 24 analysts. New target price is 40% above last closing price of ₩63,900. Stock is down 58% over the past year. The company is forecast to post a net loss per share of ₩4,176 next year compared to a net loss per share of ₩11,266 last year.
Price Target Changed • Apr 10Price target decreased by 9.3% to ₩99,435Down from ₩109,652, the current price target is an average from 23 analysts. New target price is 67% above last closing price of ₩59,500. Stock is down 64% over the past year. The company is forecast to post a net loss per share of ₩2,300 next year compared to a net loss per share of ₩11,266 last year.
分析記事 • Apr 09Slammed 28% L&F Co., Ltd. (KRX:066970) Screens Well Here But There Might Be A CatchTo the annoyance of some shareholders, L&F Co., Ltd. ( KRX:066970 ) shares are down a considerable 28% in the last...
Reported Earnings • Mar 14Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ₩11,266 loss per share (further deteriorated from ₩5,813 loss in FY 2023). Revenue: ₩1.91t (down 59% from FY 2023). Net loss: ₩377.9b (loss widened 95% from FY 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 25L&F Co., Ltd., Annual General Meeting, Mar 19, 2025L&F Co., Ltd., Annual General Meeting, Mar 19, 2025, at 10:30 Tokyo Standard Time. Location: conference room, 11, igokdong-ro, dalseo-gu, daegu South Korea
Major Estimate Revision • Feb 06Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩2.38b to ₩2.31b. Now expected to report a loss of ₩1,227 per share instead of ₩125 per share profit previously forecast. Electrical industry in South Korea expected to see average net income growth of 29% next year. Consensus price target down from ₩132,385 to ₩119,579. Share price fell 4.4% to ₩83,000 over the past week.
Major Estimate Revision • Jan 21Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩3.24b to ₩3.03b. EPS estimate also fell from ₩777 per share to ₩301 per share. Net income forecast to grow 85% next year vs 29% growth forecast for Electrical industry in South Korea. Consensus price target down from ₩141,737 to ₩133,316. Share price was steady at ₩88,000 over the past week.
分析記事 • Jan 11Not Many Are Piling Into L&F Co., Ltd. (KRX:066970) Stock Yet As It Plummets 25%L&F Co., Ltd. ( KRX:066970 ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
Price Target Changed • Dec 27Price target decreased by 7.7% to ₩141,737Down from ₩153,600, the current price target is an average from 19 analysts. New target price is 72% above last closing price of ₩82,500. Stock is down 60% over the past year. The company is forecast to post a net loss per share of ₩9,716 next year compared to a net loss per share of ₩5,813 last year.
New Risk • Dec 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Major Estimate Revision • Nov 02Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩2.25b to ₩2.17b. Losses expected to increase from ₩8,720 per share to ₩9,900. Electrical industry in South Korea expected to see average net income growth of 32% next year. Consensus price target of ₩154,250 unchanged from last update. Share price rose 15% to ₩115,900 over the past week.
Price Target Changed • Oct 30Price target decreased by 10% to ₩153,600Down from ₩171,048, the current price target is an average from 20 analysts. New target price is 37% above last closing price of ₩112,200. Stock is down 13% over the past year. The company is forecast to post a net loss per share of ₩8,720 next year compared to a net loss per share of ₩5,813 last year.
分析記事 • Oct 24L&F (KRX:066970) Is Making Moderate Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Major Estimate Revision • Oct 18Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩7,298 to -₩8,451 per share. Revenue forecast unchanged at ₩2.22b. Electrical industry in South Korea expected to see average net income growth of 27% next year. Consensus price target broadly unchanged at ₩168,667. Share price fell 11% to ₩98,700 over the past week.
分析記事 • Sep 27Market Participants Recognise L&F Co., Ltd.'s (KRX:066970) Revenues Pushing Shares 26% HigherL&F Co., Ltd. ( KRX:066970 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.2% 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: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).
分析記事 • Jul 30Potential Upside For L&F Co., Ltd. (KRX:066970) Not Without RiskIt's not a stretch to say that L&F Co., Ltd.'s ( KRX:066970 ) price-to-sales (or "P/S") ratio of 1x right now seems...
分析記事 • Jul 02Would L&F (KRX:066970) Be Better Off With Less Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • May 14Price target decreased by 7.5% to ₩227,409Down from ₩245,818, the current price target is an average from 22 analysts. New target price is 48% above last closing price of ₩154,000. Stock is down 39% over the past year. The company is forecast to post a net loss per share of ₩3,876 next year compared to a net loss per share of ₩5,813 last year.
Major Estimate Revision • May 11Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩3.61b to ₩3.21b. EPS estimate increased from -₩699 to -₩363 per share. Electrical industry in South Korea expected to see average net income growth of 29% next year. Consensus price target down from ₩243,899 to ₩231,045. Share price fell 2.7% to ₩153,300 over the past week.
Major Estimate Revision • Apr 16Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩3.93b to ₩3.71b. Now expected to report a loss of ₩391 per share instead of ₩468 per share profit previously forecast. Electrical industry in South Korea expected to see average net income growth of 24% next year. Consensus price target of ₩250,364 unchanged from last update. Share price fell 14% to ₩145,600 over the past week.
分析記事 • Apr 12Take Care Before Diving Into The Deep End On L&F Co., Ltd. (KRX:066970)It's not a stretch to say that L&F Co., Ltd.'s ( KRX:066970 ) price-to-sales (or "P/S") ratio of 1.2x right now seems...
Reported Earnings • Mar 15Full year 2023 earnings released: ₩6,258 loss per share (vs ₩8,269 profit in FY 2022)Full year 2023 results: ₩6,258 loss per share (down from ₩8,269 profit in FY 2022). Revenue: ₩4.64t (up 20% from FY 2022). Net loss: ₩209.7b (down 178% from profit in FY 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 01Would L&F (KRX:066970) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Feb 05Price target decreased by 7.9% to ₩262,571Down from ₩285,190, the current price target is an average from 21 analysts. New target price is 89% above last closing price of ₩138,600. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₩4,596 next year compared to a net loss per share of ₩6,258 last year.
Reported Earnings • Feb 05Full year 2023 earnings released: ₩6,258 loss per share (vs ₩8,269 profit in FY 2022)Full year 2023 results: ₩6,258 loss per share (down from ₩8,269 profit in FY 2022). Revenue: ₩4.64t (up 20% from FY 2022). Net loss: ₩209.7b (down 178% from profit in FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Feb 02Consensus revenue estimates decrease by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩6.25b to ₩4.45b. EPS estimate unchanged at ₩7,925 per share. Net income forecast to grow 26% next year vs 64% growth forecast for Electrical industry in South Korea. Consensus price target broadly unchanged at ₩278,048. Share price fell 4.1% to ₩152,900 over the past week.
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩157,500, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electrical industry in South Korea. Total returns to shareholders of 114% over the past three years.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩196,400, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Electrical industry in South Korea. Total returns to shareholders of 204% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 0.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (0.3%).
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩176,300, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 244% over the past three years.
New Risk • Nov 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 4.4% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.6% net profit margin).
Price Target Changed • Nov 09Price target decreased by 9.0% to ₩295,190Down from ₩324,238, the current price target is an average from 21 analysts. New target price is 92% above last closing price of ₩153,400. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₩3,173 for next year compared to ₩8,269 last year.
お知らせ • Nov 04L&F Co., Ltd. to Report Nine Months, 2023 Results on Nov 06, 2023L&F Co., Ltd. announced that they will report nine months, 2023 results on Nov 06, 2023
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩130,400, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 242% over the past three years.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩217,000, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 400% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩411,453 per share.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩279,000, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 714% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩409,182 per share.
Buying Opportunity • Jun 08Now 22% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₩346,313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 94% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 121% in 2 years. Earnings is forecast to grow by 189% in the next 2 years.
Reported Earnings • May 14First quarter 2023 earnings released: ₩454 loss per share (vs ₩2,238 profit in 1Q 2022)First quarter 2023 results: ₩454 loss per share (down from ₩2,238 profit in 1Q 2022). Revenue: ₩1.36t (up 146% from 1Q 2022). Net loss: ₩15.1b (down 121% from profit in 1Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has increased by 132% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 29Price target increased by 7.3% to ₩373,529Up from ₩348,000, the current price target is an average from 17 analysts. New target price is 41% above last closing price of ₩265,000. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₩8,478 for next year compared to ₩8,269 last year.
Buying Opportunity • Apr 25Now 21% undervaluedOver the last 90 days, the stock is up 42%. The fair value is estimated to be ₩345,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 91% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 26% per annum. Earnings is also forecast to grow by 32% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩268,000, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 1,573% over the past three years.
Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩8,269 (up from ₩4,198 loss in FY 2021). Revenue: ₩3.89t (up 300% from FY 2021). Net income: ₩270.0b (up ₩383.1b from FY 2021). Profit margin: 6.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has increased by 139% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Feb 14Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩6.23b to ₩6.14b. EPS estimate also fell from ₩10,581 per share to ₩8,358 per share. Net income forecast to grow 162% next year vs 8.9% growth forecast for Electronic industry in South Korea. Consensus price target broadly unchanged at ₩335,286. Share price rose 11% to ₩246,000 over the past week.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩207,500, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 859% over the past three years.
Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩4.15b to ₩4.05b. EPS estimate rose from ₩7,185 to ₩8,052. Net income forecast to grow 162% next year vs 13% growth forecast for Electronic industry in South Korea. Consensus price target of ₩353,571 unchanged from last update. Share price rose 3.0% to ₩231,800 over the past week.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: ₩2,746 (up from ₩419 loss in 3Q 2021). Revenue: ₩1.24t (up 416% from 3Q 2021). Net income: ₩91.2b (up ₩102.9b from 3Q 2021). Profit margin: 7.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic 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 increased by 123% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Nov 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩4.15b to ₩4.01b. EPS estimate rose from ₩7,185 to ₩8,098. Net income forecast to grow 840% next year vs 28% growth forecast for Electronic industry in South Korea. Consensus price target of ₩353,571 unchanged from last update. Share price was steady at ₩222,500 over the past week.
Buying Opportunity • Jul 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.4%. The fair value is estimated to be ₩278,569, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company became loss making.
Price Target Changed • May 18Price target increased to ₩335,000Up from ₩306,000, the current price target is an average from 10 analysts. New target price is 35% above last closing price of ₩248,000. Stock is up 183% over the past year. The company is forecast to post earnings per share of ₩6,055 next year compared to a net loss per share of ₩4,198 last year.
Price Target Changed • Apr 30Price target increased to ₩306,667Up from ₩286,000, the current price target is an average from 9 analysts. New target price is 40% above last closing price of ₩219,300. Stock is up 142% over the past year. The company is forecast to post earnings per share of ₩3,616 next year compared to a net loss per share of ₩4,198 last year.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Mar 16Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: ₩4,198 loss per share (down from ₩679 loss in FY 2020). Revenue: ₩970.8b (up 173% from FY 2020). Net loss: ₩113.1b (loss widened ₩97.9b from FY 2020). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 135%, compared to a 30% growth forecast for the industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 199 percentage points per year, which is a significant difference in performance.
Price Target Changed • Dec 24Price target increased to ₩271,667Up from ₩247,143, the current price target is an average from 6 analysts. New target price is 29% above last closing price of ₩210,800. Stock is up 203% over the past year. The company is forecast to post earnings per share of ₩88.50 next year compared to a net loss per share of ₩687 last year.
Upcoming Dividend • Dec 22Inaugural dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in December 2021. The average dividend yield among industry peers is 0.4%.
Reported Earnings • Nov 18Third quarter 2021 earnings released: ₩419 loss per share (vs ₩160 loss in 3Q 2020)The company reported a decent third quarter result with improved revenues, although losses increased and control over costs was weaker. Third quarter 2021 results: Revenue: ₩240.7b (up 186% from 3Q 2020). Net loss: ₩11.7b (loss widened 232% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 213 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jul 20Price target increased to ₩128,429Up from ₩113,625, the current price target is an average from 7 analysts. New target price is 12% above last closing price of ₩114,700. Stock is up 219% over the past year.
Price Target Changed • Jul 14Price target increased to ₩121,286Up from ₩111,125, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of ₩116,500. Stock is up 201% over the past year.
Price Target Changed • May 28Price target increased to ₩107,000Up from ₩97,800, the current price target is an average from 6 analysts. New target price is 18% above last closing price of ₩90,600. Stock is up 284% over the past year.
Price Target Changed • Apr 28Price target increased to ₩97,800Up from ₩82,400, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₩93,400. Stock is up 389% over the past year.
分析記事 • Apr 19At ₩95,600, Is L&F Co., Ltd. (KOSDAQ:066970) Worth Looking At Closely?While L&F Co., Ltd. ( KOSDAQ:066970 ) might not be the most widely known stock at the moment, it led the KOSDAQ gainers...
Price Target Changed • Apr 02Price target increased to ₩82,400Up from ₩70,400, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₩81,600. Stock is up 355% over the past year.
Reported Earnings • Mar 11Full year 2020 earnings released: ₩687 loss per share (vs ₩428 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₩356.1b (up 14% from FY 2019). Net loss: ₩15.2b (loss widened 69% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 25L&F Co., Ltd., Annual General Meeting, Mar 17, 2021L&F Co., Ltd., Annual General Meeting, Mar 17, 2021, at 10:30 Korea Standard Time.
お知らせ • Feb 10L&F Co., Ltd. announced that it expects to receive KRW 84.999980708 billion in fundingL&F Co., Ltd. (KOSDAQ:A066970) announced a private placement of 3rd round unregistered non-guaranteed private convertible bonds for gross proceeds of KRW 9,000,000,000 and 628,793 registered redeemable convertible preferred shares at a price of KRW 73,156 per share for gross proceeds of KRW 45,999,980,708 for aggregate gross proceeds of KRW 54,999,980,708 on February 9, 2021. The transaction will include participation from Daishin-MYW New Technology Fund through third-party allotment method. The bonds do not carry any annual coupon and yield to maturity. The bonds will mature on February 17, 2026. The preferred shares are cumulative, participating and are redeemable from February 18, 2023 to February 17, 2026. The bonds are convertible into 109,510 common shares at fixed conversion price of KRW 109,510 per share from February 17, 2022 to January 17, 2026 and the preferred shares are convertible into 628,793 common shares from February 18, 2023 to February 17, 2026. The transaction is expected to close on February 17, 2021 and subscription date is February 15, 2021. The security issued in the transaction are subject to one year hold period. The transaction has been approved by the board of directors of the company.
Is New 90 Day High Low • Feb 03New 90-day high: ₩85,500The company is up 104% from its price of ₩41,950 on 05 November 2020. The South Korean market is up 28% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩307 per share.
分析記事 • Jan 28Here's What L&F Co., Ltd.'s (KOSDAQ:066970) Shareholder Ownership Structure Looks LikeThe big shareholder groups in L&F Co., Ltd. ( KOSDAQ:066970 ) have power over the company. Institutions often own...
Is New 90 Day High Low • Jan 04New 90-day high: ₩76,500The company is up 91% from its price of ₩40,050 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩306 per share.
分析記事 • Jan 01Is L&F (KOSDAQ:066970) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...