LG Display Co., Ltd. manufactures and sells thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels in South Korea, China, rest of Asia, Poland, other European countries, and the United States.
Fair value with moderate growth potential.
Share Price & News
How has LG Display's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LGA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LGA underperformed the Austrian Electronic industry which returned 15.3% over the past year.
Return vs Market: LGA underperformed the Austrian Market which returned -6.4% over the past year.
Price Volatility Vs. Market
How volatile is LG Display's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is LG Display undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LGA (€5.4) is trading below our estimate of fair value (€21.04)
Significantly Below Fair Value: LGA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LGA is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: LGA is unprofitable, so we can't compare its PE Ratio to the Austrian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LGA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LGA is good value based on its PB Ratio (0.4x) compared to the XE Electronic industry average (2x).
How is LG Display forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LGA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.1%).
Earnings vs Market: LGA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LGA's is expected to become profitable in the next 3 years.
Revenue vs Market: LGA's revenue (2.3% per year) is forecast to grow slower than the Austrian market (2.5% per year).
High Growth Revenue: LGA's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LGA's Return on Equity is forecast to be low in 3 years time (0.7%).
How has LG Display performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LGA is currently unprofitable.
Growing Profit Margin: LGA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LGA is unprofitable, and losses have increased over the past 5 years at a rate of -44.6% per year.
Accelerating Growth: Unable to compare LGA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LGA is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (7.6%).
Return on Equity
High ROE: LGA has a negative Return on Equity (-20.05%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is LG Display's financial position?
Financial Position Analysis
Short Term Liabilities: LGA's short term assets (₩10,779.6B) exceed its short term liabilities (₩10,640.8B).
Long Term Liabilities: LGA's short term assets (₩10,779.6B) do not cover its long term liabilities (₩12,476.3B).
Debt to Equity History and Analysis
Debt Level: LGA's debt to equity ratio (93.8%) is considered high.
Reducing Debt: LGA's debt to equity ratio has increased from 36% to 93.8% over the past 5 years.
Inventory Level: LGA has a high level of physical assets or inventory.
Debt Coverage by Assets: LGA's debt is not covered by short term assets (assets are 0.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LGA has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: LGA has been profitable on average in the past, therefore cash runway is not a concern.
What is LG Display's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LGA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LGA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LGA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LGA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: LGA is not paying a notable dividend for the Austrian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LGA's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
James Jeong (58yo)
Mr. Ho-Young Jeong, also known as James, serves as the Chief Executive Officer of LG Display Co. Ltd. since September 18, 2019. He also serves as President, Chief Financial Officer and Internal Accounting ...
|CFO, Senior VP & Director||0.9yrs||no data||0.0014% ₩51.3k|
|Chairman||0yrs||no data||no data|
|Vice Chairman||0yrs||₩2.81b||0.015% ₩552.7k|
|Outside Director||5.1yrs||no data||no data|
|Outside Director||3.9yrs||no data||no data|
|Outside Director||1.9yrs||no data||no data|
|Outside Director||0.9yrs||no data||no data|
Experienced Board: LGA's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LG Display Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: LG Display Co., Ltd.
- Ticker: LGA
- Exchange: WBAG
- Founded: 1985
- Industry: Electronic Components
- Sector: Tech
- Market Cap: ₩4.866t
- Listing Market Cap: ₩3.663b
- Shares outstanding: 357.82m
- Website: https://www.lgdisplay.com
Number of Employees
- LG Display Co., Ltd.
- LG Twin Towers
- 128 Yeoui-daero
- South Korea
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LPL||NYSE (New York Stock Exchange)||ADR EA REP 1/2 KRW5000||US||USD||Jul 2004|
|LGA||DB (Deutsche Boerse AG)||ADR EA REP 1/2 KRW5000||DE||EUR||Jul 2004|
|LGA||WBAG (Wiener Boerse AG)||ADR EA REP 1/2 KRW5000||AT||EUR||Jul 2004|
|A034220||KOSE (Korea Stock Exchange)||Yes||Common Stock||KR||KRW||Jul 2004|
LG Display Co., Ltd. manufactures and sells thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels in South Korea, China, rest of Asia, Poland, other European countries, and the United States. Its TFT-LCD and OLED technology-based display panels are used primarily in televisions, notebook computers, desktop monitors, tablet computers, and mobile devices. The company also provides display panels for industrial and other applications, including entertainment systems, automotive displays, portable navigation devices, and medical diagnostic equipment. The company was formerly known as LG.Philips LCD Co., Ltd. and changed its name to LG Display Co., Ltd. in March 2008. LG Display Co., Ltd. was founded in 1985 and is headquartered in Seoul, South Korea.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/29 00:28|
|End of Day Share Price||2020/02/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.