Posco Future M Co., Ltd.

KOSE:A003670 Stock Report

Market Cap: ₩11.4t

Posco Future M Valuation

Is A003670 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A003670 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A003670 (₩147700) is trading above our estimate of fair value (₩4520.88)

Significantly Below Fair Value: A003670 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for A003670?

Key metric: As A003670 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A003670. This is calculated by dividing A003670's market cap by their current revenue.
What is A003670's PS Ratio?
PS Ratio2.8x
Sales₩4.12t
Market Cap₩11.44t

Price to Sales Ratio vs Peers

How does A003670's PS Ratio compare to its peers?

The above table shows the PS ratio for A003670 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
A247540 Ecopro BM
3.2x29.1%₩11.3t
A086520 Ecopro
2.2x41.1%₩8.1t
A010120 LS ELECTRIC
1.1x9.2%₩4.8t
1.4x27.8%₩3.0t
A003670 Posco Future M
2.8x20.4%₩11.4t

Price-To-Sales vs Peers: A003670 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the peer average (2x).


Price to Sales Ratio vs Industry

How does A003670's PS Ratio compare vs other companies in the KR Electrical Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
0.1x4.7%US$1.83b
A015860 ILJIN HoldingsLtd
0.1xn/aUS$123.21m
A054210 Elentec
0.2xn/aUS$85.66m
A037400 Wooree LightingLtd
0.02xn/aUS$17.69m
A003670 2.8xIndustry Avg. 0.9xNo. of Companies18PS012345+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: A003670 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the KR Electrical industry average (0.9x).


Price to Sales Ratio vs Fair Ratio

What is A003670's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A003670 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.8x
Fair PS Ratio1.2x

Price-To-Sales vs Fair Ratio: A003670 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst A003670 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩147,700.00
₩245,565.22
+66.3%
24.6%₩330,000.00₩140,000.00n/a23
Dec ’25₩172,300.00
₩258,250.00
+49.9%
23.2%₩360,000.00₩140,000.00n/a24
Nov ’25₩228,000.00
₩262,833.33
+15.3%
21.7%₩360,000.00₩155,000.00n/a24
Oct ’25₩250,000.00
₩271,583.33
+8.6%
21.7%₩360,000.00₩160,000.00n/a24
Sep ’25₩214,500.00
₩281,520.00
+31.2%
23.9%₩450,000.00₩160,000.00n/a25
Aug ’25₩221,500.00
₩287,384.62
+29.7%
24.8%₩450,000.00₩160,000.00n/a26
Jul ’25₩269,000.00
₩331,555.56
+23.3%
20.9%₩450,000.00₩180,000.00n/a27
Jun ’25₩250,500.00
₩335,642.86
+34.0%
20.7%₩450,000.00₩180,000.00n/a28
May ’25₩283,500.00
₩350,500.00
+23.6%
25.3%₩590,000.00₩180,000.00n/a28
Apr ’25₩296,000.00
₩356,392.86
+20.4%
24.0%₩590,000.00₩185,000.00n/a28
Mar ’25₩317,000.00
₩344,000.00
+8.5%
21.7%₩512,000.00₩185,000.00n/a27
Feb ’25₩260,000.00
₩355,851.85
+36.9%
22.6%₩512,000.00₩185,000.00n/a27
Jan ’25₩359,000.00
₩407,714.29
+13.6%
21.0%₩540,000.00₩185,000.00n/a28
Dec ’24₩314,000.00
₩407,714.29
+29.8%
21.0%₩540,000.00₩185,000.00₩172,300.0028
Nov ’24₩233,500.00
₩408,740.74
+75.0%
21.3%₩540,000.00₩185,000.00₩228,000.0027
Oct ’24₩359,500.00
₩509,153.85
+41.6%
25.3%₩700,000.00₩185,000.00₩250,000.0026
Sep ’24₩431,000.00
₩502,320.00
+16.5%
28.6%₩700,000.00₩185,000.00₩214,500.0025
Aug ’24₩509,000.00
₩492,416.67
-3.3%
29.6%₩700,000.00₩185,000.00₩221,500.0024
Jul ’24₩353,000.00
₩354,900.00
+0.5%
24.8%₩500,000.00₩185,000.00₩269,000.0020
Jun ’24₩359,500.00
₩342,736.84
-4.7%
20.5%₩460,000.00₩185,000.00₩250,500.0019
May ’24₩335,000.00
₩319,000.00
-4.8%
22.9%₩460,000.00₩185,000.00₩283,500.0020
Apr ’24₩272,500.00
₩253,619.05
-6.9%
13.6%₩310,000.00₩185,000.00₩296,000.0021
Mar ’24₩221,000.00
₩248,681.82
+12.5%
15.3%₩310,000.00₩165,000.00₩317,000.0022
Feb ’24₩223,500.00
₩248,681.82
+11.3%
15.3%₩310,000.00₩165,000.00₩260,000.0022
Jan ’24₩180,000.00
₩235,272.73
+30.7%
15.6%₩310,000.00₩165,000.00₩359,000.0022
Dec ’23₩220,500.00
₩228,000.00
+3.4%
15.7%₩310,000.00₩165,000.00₩314,000.0022

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 19:53
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Posco Future M Co., Ltd. is covered by 35 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joon-Ho LeeBofA Global Research
Mi Song KimCape Investment & Securities Co., Ltd.
Belinda MooreCGS International