POSCO Holdings Future Growth

Future criteria checks 2/6

POSCO Holdings is forecast to grow earnings and revenue by 27.4% and 3.9% per annum respectively. EPS is expected to grow by 22.7% per annum. Return on equity is forecast to be 4.5% in 3 years.

Key information

27.4%

Earnings growth rate

22.7%

EPS growth rate

Metals and Mining earnings growth	26.6%
Revenue growth rate	3.9%
Future return on equity	4.5%
Analyst coverage	Good
Last updated	01 Sep 2024

Recent future growth updates

Recent updates

POSCO Holdings (KRX:005490) Will Be Hoping To Turn Its Returns On Capital Around

Sep 02

Earnings and Revenue Growth Forecasts

KOSE:A005490 - Analysts future estimates and past financials data (KRW Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	80,870,009	2,818,544	1,690,667	7,646,523	18
12/31/2025	79,682,912	2,610,881	2,305,400	7,372,782	23
12/31/2024	74,546,103	1,920,506	873,500	6,880,385	19
6/30/2024	74,186,579	1,352,588	-904,517	7,118,075	N/A
3/31/2024	75,798,269	1,512,388	-1,012,035	6,723,722	N/A
12/31/2023	77,127,197	1,698,092	-1,085,086	6,167,695	N/A
9/30/2023	77,710,626	1,238,484	289,284	7,443,697	N/A
6/30/2023	79,904,328	1,260,197	1,470,226	8,028,374	N/A
3/31/2023	82,793,012	2,158,895	20,158	5,906,465	N/A
12/31/2022	84,750,204	3,143,008	772,493	6,186,765	N/A
9/30/2022	86,836,932	5,305,636	1,003,774	5,473,906	N/A
6/30/2022	86,319,280	7,223,760	29,997	4,327,907	N/A
3/31/2022	81,601,692	7,298,011	1,718,771	5,697,912	N/A
12/31/2021	76,332,345	6,610,569	2,666,140	6,259,365	N/A
9/30/2021	70,262,283	5,808,138	3,204,226	6,506,690	N/A
6/30/2021	63,886,618	3,845,557	4,047,199	7,050,484	N/A
3/31/2021	59,315,706	2,223,176	4,573,916	7,531,283	N/A
12/31/2020	57,792,796	1,595,459	5,266,185	8,685,737	N/A
9/30/2020	58,571,633	950,123	4,751,051	8,051,484	N/A
6/30/2020	60,298,642	913,860	3,745,435	7,159,969	N/A
3/31/2020	62,898,423	1,484,182	3,059,771	6,339,486	N/A
12/31/2019	64,366,848	1,828,417	3,190,665	6,004,655	N/A
9/30/2019	64,945,271	910,297	2,595,007	5,590,628	N/A
6/30/2019	65,367,771	1,498,947	3,504,573	6,306,383	N/A
3/31/2019	65,129,731	1,418,984	3,006,606	5,759,608	N/A
12/31/2018	64,977,777	1,672,891	3,320,107	5,869,725	N/A
9/30/2018	63,953,700	3,065,919	4,565,761	6,771,952	N/A
6/30/2018	62,579,092	2,917,496	3,972,196	6,203,818	N/A
3/31/2018	61,440,200	2,899,645	N/A	6,277,602	N/A
12/31/2017	60,655,100	2,757,057	N/A	5,607,310	N/A
9/30/2017	60,075,076	2,391,034	N/A	3,130,639	N/A
6/30/2017	57,786,519	2,058,971	N/A	3,580,279	N/A
3/31/2017	55,699,499	1,829,743	N/A	4,316,945	N/A
12/31/2016	53,083,513	1,330,085	N/A	5,269,418	N/A
9/30/2016	51,972,092	1,349,390	N/A	7,267,234	N/A
6/30/2016	53,220,524	245,704	N/A	7,278,795	N/A
3/31/2016	55,552,631	160,304	N/A	8,060,815	N/A
12/31/2015	58,192,345	147,617	N/A	7,601,829	N/A
9/30/2015	60,631,475	-199,335	N/A	7,309,988	N/A
6/30/2015	62,905,328	571,761	N/A	7,007,134	N/A
3/31/2015	64,419,409	876,512	N/A	5,238,037	N/A
12/31/2014	64,758,625	599,657	N/A	3,412,099	N/A
9/30/2014	64,844,074	1,060,975	N/A	2,756,611	N/A
6/30/2014	63,724,451	1,390,783	N/A	2,900,397	N/A
3/31/2014	62,623,988	1,136,286	N/A	3,482,240	N/A
12/31/2013	61,765,743	1,352,564	N/A	4,858,135	N/A
9/30/2013	60,403,421	1,678,129	N/A	6,749,085	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A005490's forecast earnings growth (27.4% per year) is above the savings rate (2.6%).

Earnings vs Market: A005490's earnings (27.4% per year) are forecast to grow slower than the KR market (29.1% per year).

High Growth Earnings: A005490's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A005490's revenue (3.9% per year) is forecast to grow slower than the KR market (10.8% per year).

High Growth Revenue: A005490's revenue (3.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A005490's Return on Equity is forecast to be low in 3 years time (4.5%).

POSCO Holdings Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 15%

Consensus EPS estimates fall by 18%

Consensus EPS estimates increase by 11%

Price target increased by 13% to ₩513,958

Price target increased by 13% to ₩513,958

Consensus EPS estimates increase by 10%

Recent updates

POSCO Holdings (KRX:005490) Will Be Hoping To Turn Its Returns On Capital Around

POSCO Holdings (KRX:005490) Has Affirmed Its Dividend Of ₩2500.00

POSCO Holdings Inc. Resolves Cash Dividend for the Second Quarter of the Fiscal Year 2024, Payable on August 29, 2024

Second quarter dividend of ₩2,500 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations

POSCO Holdings (KRX:005490) Has A Somewhat Strained Balance Sheet

Estimating The Intrinsic Value Of POSCO Holdings Inc. (KRX:005490)

Be Wary Of POSCO Holdings (KRX:005490) And Its Returns On Capital

POSCO Holdings Inc. Resolves to Pay Cash Dividend for the First Quarter of the Fiscal Year 2024, Payable on June 3, 2024

First quarter 2024 earnings released: EPS: ₩7,209 (vs ₩9,577 in 1Q 2023)

Consensus EPS estimates fall by 15%

POSCO Holdings Inc. to Report Q1, 2024 Results on Apr 25, 2024

Does POSCO Holdings (KRX:005490) Have A Healthy Balance Sheet?

Insufficient new directors

What POSCO Holdings Inc.'s (KRX:005490) P/E Is Not Telling You

Full year 2023 earnings: EPS and revenues miss analyst expectations

Now 23% overvalued after recent price rise

POSCO Holdings Inc. Announces to Pay Year-End Cash Dividend

Consensus EPS estimates fall by 18%

POSCO Holdings Inc. Announces to Pay Year-End Cash Dividends

Full year 2023 earnings released: EPS: ₩24,148 (vs ₩41,456 in FY 2022)

Upcoming dividend of ₩2,000 per share at 2.4% yield

Investor sentiment improves as stock rises 21%

POSCO Holdings Inc. Resolves to Pay Cash Dividend for the Third Quarter of the Fiscal Year 202, Payable on November 23, 2023

POSCO Holdings Inc. to Report Q3, 2023 Results on Oct 24, 2023

Now 22% undervalued

Upcoming dividend of ₩2,000 per share at 2.0% yield

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

POSCO Holdings Inc. Approves Cash Dividend for the Second Quarter of the Fiscal Year 2023, Payable on 28 August 2023

Consensus EPS estimates increase by 11%

Price target increased by 13% to ₩513,958

Price target increased by 13% to ₩513,958

POSCO Holdings Inc. to Report Q2, 2023 Results on Jul 24, 2023

Investor sentiment improves as stock rises 20%

Upcoming dividend of ₩4,000 per share at 3.0% yield

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

POSCO Holdings Inc. Resolves Cash Dividend of the First Quarter for the Fiscal Year 2023

Consensus EPS estimates increase by 10%

Posco Co., Ltd. completed the acquisition of a 19.84% stake in Core-Industry Co. Ltd. from POSCO Holdings Inc. (KOSE:A005490).

POSCO Holdings Inc. Resolves to Pay Year-End Cash Dividend for the Fiscal Year 2022, Payable on April 17, 2023

POSCO Holdings Inc. Resumes Production in All Mills and Facilities

POSCO Holdings Inc. to Report Fiscal Year 2022 Results on Jan 27, 2023

POSCO GS Eco Materials Co., Ltd acquired 65% stake in POSCO-HY Clean Metal Co., Ltd. from POSCO Holdings Inc. (KOSE:A005490) for KRW 83 billion.

Upcoming dividend of ₩5,000 per share

Posco Co., Ltd. agreed to acquire 90% stake in POSCO Chongqing Automotive Processing Center Co., Ltd. from POSCO Holdings Inc. (KOSE:A005490) for KRW 40.5 billion.

POSCO Holdings Inc. (KOSE:A005490) agreed to acquire 38.497% stake in eNtoB Corporation from POSCO O&M CO.,LTD. for KRW25.7 billion.

POSCO Holdings Inc. Resolves to Pay Cash Dividend, Payable on November 24, 2022

POSCO Holdings Inc. Announces Resumption of Production

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

POSCO Holdings Inc. Resolves to Pay Cash Dividend of Second Quarter for the Fiscal Year 2022, Payable on September 1, 2022

Consensus EPS estimates increase by 29%

POSCO Holdings Inc. to Report Q2, 2022 Results on Jul 21, 2022

Upcoming dividend of ₩4,000 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

POSCO Holdings Inc. Resolves to Pay Cash Dividend of the First Quarter for the Fiscal Year 2022, Payable June 2, 2022

Less than half of directors are independent

Upcoming dividend of ₩3,000 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

POSCO, Annual General Meeting, Mar 18, 2022

Full year 2021 earnings: Revenues exceed analyst expectations

POSCO Announces Year-End Cash Dividend for the Fiscal Year 2021, Payable on April 18, 2022

Upcoming dividend of ₩4,500 per share

Third quarter 2021 earnings released: EPS ₩32,132 (vs ₩5,854 in 3Q 2020)

Upcoming dividend of ₩1,500 per share

Second quarter 2021 earnings released: EPS ₩21,950 (vs ₩483 in 2Q 2020)

Consensus EPS estimates increase to ₩55,006

Upcoming dividend of ₩500 per share

POSCO (KOSE:A005490) entered into a binding agreement to acquire 30% stake in Ravensthorpe Nickel Operations Pty Ltd. from First Quantum Minerals (Australia) Pty Limited for AUD 240 million.