LS ELECTRIC Co., Ltd.'s (KRX:010120) 32% Price Boost Is Out Of Tune With Earnings
Jul 24
South Korean (KOSPI) Electrical Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies84
- 7D-2.7%
- 3M-9.6%
- 1Y-33.2%
- YTD-18.8%
Over the last 7 days, the Electrical industry has dropped 2.7%, driven by a pullback from Posco Future M of 8.1%. In contrast, HD Hyundai Electric has gained 9.5%. The industry has fallen 39% in the last year. As for the next few years, earnings are expected to grow by 39% per annum.
Industry Valuation and Performance
Has the South Korean Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₩196.8t | ₩127.6t | ₩1.8t | 26.4x | 110x | 1.5x |
| Sun, 23 Jun 2024 | ₩206.0t | ₩127.5t | ₩1.8t | 26.7x | 115.3x | 1.6x |
| Tue, 21 May 2024 | ₩219.8t | ₩129.7t | ₩2.4t | 28.2x | 92.3x | 1.7x |
| Thu, 18 Apr 2024 | ₩205.5t | ₩132.1t | ₩2.8t | 19x | 73.2x | 1.6x |
| Sat, 16 Mar 2024 | ₩225.9t | ₩132.8t | ₩1.8t | 17.7x | 123.3x | 1.7x |
| Mon, 12 Feb 2024 | ₩218.1t | ₩133.3t | ₩2.0t | 18x | 108.8x | 1.6x |
| Wed, 10 Jan 2024 | ₩234.3t | ₩133.5t | ₩2.3t | 19.8x | 103.9x | 1.8x |
| Fri, 08 Dec 2023 | ₩207.6t | ₩125.2t | ₩2.3t | 17.9x | 89.8x | 1.7x |
| Sun, 05 Nov 2023 | ₩171.8t | ₩115.8t | ₩2.6t | 17.5x | 64.9x | 1.5x |
| Tue, 03 Oct 2023 | ₩202.8t | ₩115.8t | ₩2.6t | 19.7x | 76.7x | 1.8x |
| Thu, 31 Aug 2023 | ₩238.7t | ₩115.7t | ₩2.7t | 19.2x | 89.5x | 2.1x |
| Sat, 29 Jul 2023 | ₩208.4t | ₩103.2t | ₩1.9t | 19.6x | 108.2x | 2x |
| Mon, 26 Jun 2023 | ₩197.7t | ₩103.0t | ₩1.9t | 20x | 103.1x | 1.9x |
| Wed, 24 May 2023 | ₩195.0t | ₩102.8t | ₩1.9t | 19.3x | 104.9x | 1.9x |
| Fri, 21 Apr 2023 | ₩204.0t | ₩92.9t | ₩1.4t | 20.7x | 144.7x | 2.2x |
| Sun, 19 Mar 2023 | ₩183.6t | ₩88.0t | ₩2.3t | 19x | 78.6x | 2.1x |
| Tue, 14 Feb 2023 | ₩169.3t | ₩83.6t | ₩2.0t | 17.8x | 83.2x | 2x |
| Thu, 12 Jan 2023 | ₩154.0t | ₩83.2t | ₩2.0t | 18x | 77.7x | 1.9x |
| Sat, 10 Dec 2022 | ₩164.0t | ₩83.2t | ₩2.0t | 19.3x | 82.7x | 2x |
| Mon, 07 Nov 2022 | ₩181.6t | ₩75.9t | ₩1.3t | 17x | 144.4x | 2.4x |
| Wed, 05 Oct 2022 | ₩143.5t | ₩75.9t | ₩1.3t | 15.3x | 114.1x | 1.9x |
| Fri, 02 Sep 2022 | ₩153.2t | ₩75.5t | ₩1.2t | 19.7x | 123.1x | 2x |
| Sun, 31 Jul 2022 | ₩143.4t | ₩71.1t | ₩1.9t | 16.9x | 77.2x | 2x |
| Tue, 28 Jun 2022 | ₩140.8t | ₩71.1t | ₩1.9t | 16.8x | 75.7x | 2x |
| Thu, 26 May 2022 | ₩145.0t | ₩69.2t | ₩1.9t | 17.9x | 77.9x | 2.1x |
| Sat, 23 Apr 2022 | ₩148.7t | ₩68.0t | ₩1.9t | 17.6x | 78.7x | 2.2x |
| Mon, 21 Mar 2022 | ₩131.8t | ₩70.9t | ₩1.5t | 18.2x | 90.3x | 1.9x |
| Wed, 16 Feb 2022 | ₩139.2t | ₩52.6t | ₩890.1b | 17.9x | 156.4x | 2.6x |
| Fri, 14 Jan 2022 | ₩42.7t | ₩52.6t | ₩890.1b | 19.7x | 48x | 0.8x |
| Sun, 12 Dec 2021 | ₩44.0t | ₩52.6t | ₩890.7b | 19.5x | 49.4x | 0.8x |
| Tue, 09 Nov 2021 | ₩48.0t | ₩50.6t | ₩645.5b | 20.3x | 74.4x | 0.9x |
| Thu, 07 Oct 2021 | ₩41.0t | ₩50.6t | ₩645.5b | 19.8x | 63.5x | 0.8x |
| Sat, 04 Sep 2021 | ₩43.5t | ₩50.9t | ₩651.0b | 22.1x | 66.8x | 0.9x |
| Mon, 02 Aug 2021 | ₩42.4t | ₩50.9t | ₩651.0b | 22.1x | 65.1x | 0.8x |
Price to Earnings Ratio
65.1x
Current Industry PE
- Investors are optimistic on the South Korean Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 111x which is higher than its 3-year average PE of 91.7x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 40% per year over the last three years.
- Revenues for these companies have grown 36% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the South Korean Industrials industry?
| KR Market | -3.99% | |
| Industrials | -2.48% | |
| Electrical | -2.68% | |
| Heavy Electrical Equipment | -1.00% | |
| Electrical Components | -2.97% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 82.4x.
- Analysts are expecting annual earnings growth of 40.9%, which is higher than its past year's earnings growth of 14.7% per year.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.4x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 41% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 33% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A267260 HD Hyundai Electric | ₩320.00k | 4.2% +₩467.9b | 339.0% | PE35.6x | |
| A290690 Solux | ₩10.65k | -12.3% ₩42.6b | 73.2% | PS8.5x | |
| A160190 HIGEN Motor | ₩10.58k | 6.4% +₩17.8b | n/a | PE163.1x | |
| A082920 VITZROCELLLtd | ₩19.66k | 2.5% +₩10.8b | -0.5% | PE11.2x | |
| A037400 Wooree LightingLtd | ₩1.53k | 9.9% +₩3.3b | 14.4% | PE7x |
