LS Electric (010120) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of LS Electric KRW 29,936, price KRW 205,500, upside -85.4%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Structural break:
The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Stretched ValuationStrong overvaluation with only moderate quality.
!Fair value 29,936 KRW · Strongly overvalued (−85%)
!Quality 56/100
!Mixed Growth(revenue 5y +15.6 %/yr)
!Thin margins · 6.4% net margin (TTM)
✓Low debt · generates free cash flow
·0.29% dividend yield
✓Ranks above peers(6/9)
!Moderate moat50/100
!Insider activity45/100
!Evidence only low, so the estimate is less certain
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 7,421 KRW – 318,500 KRW · fair‑value band 16,923 KRW – 38,916 KRW · the 205,500 KRW price screens above the 29,936 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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LS ELECTRIC Co., Ltd. provides smart energy solutions in South Korea and internationally.
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LS ELECTRIC Co., Ltd. provides smart energy solutions in South Korea and internationally. The company offers smart power solutions, including energy management systems, supervisory control and data acquisition systems, distribution management systems, distribution control systems, micro grid systems, and diagnosis solutions; DC, AC, and EC-charger solutions; and LSPS, which performs automatic selection of breakers and determination of protection coordination through fault calculation. It also provides low and medium voltage, dc component, and protection/measurement/meter devices; and power transmission, power distribution, modular substation, and photovoltaic systems, as well as modular scalable platform and energy storage systems. In addition, the company offers smart automation solutions, such as precision plenary gearbox, PLC, servo/motion, HMI, and AC drive (VFD) solution; and smart railway solutions comprising power supply and signaling systems. The company was formerly known as LSIS Co., Ltd. and changed its name to LS ELECTRIC Co., Ltd. in 2020. LS ELECTRIC Co., Ltd. was founded in 1974 and is headquartered in Anyang-Si, South Korea.
Stock analysis
LS Electric (010120) currently trades at 205,500 KRW, while our model-based Fair Value estimate is 29,936 KRW, implying the stock looks roughly 586.3% overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 37,198 KRW per share, and 0 of the 26 models we run sit above the 205,500 KRW price.
Bear case: the Asset-Based group reads lowest at 9,320 KRW, and 26 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: 16,923 KRW (bear) to 38,916 KRW (bull), the price of 205,500 KRW sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 56/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
LS Electric reported revenue of 5.0T KRW in FY2025 versus 2.7T KRW in FY2021, a compound +16.8%/yr. Reported net income was 287B KRW in FY2025, compounding +35.6%/yr from FY2021.
Key figures
Market cap 28.3T KRW (≈ $20.8B) · P/S ratio 5.32 · Dividend yield 0.3% · Net margin 5.8% · Return on equity 16.7% · Return on assets (EBIT) 7.5% · Operating margin 9.2% · Revenue (TTM) 5.3T KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 278% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −28% fair-value upside, at −85%, 010120 screens richer than that median.
Fair Value models
Bear 16,923 KRWFair Value 29,936 KRWBull 38,916 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+9.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.6%
Start year 2020 (pandemic). Over 10 years: +8.5% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.8%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+22.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+21.9%
Dividend (yield on the price)0.3%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 9%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+39.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+17.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +36.8% a year for the price and +15.3% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electrical Equipment & Parts · 553 stocks
Beats the industry median on 6/9 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside−85% · Bottom 25%
Profitability
Return on equity (TTM)17% · Top 25%
Return on assets6% · Above median
Net margin (TTM)6% · Above median
Operating margin (TTM)9% · Above median
Growth and dividend
Revenue growth33% · Top 25%
Dividend yield (TTM)0.3% · Bottom 25%
Balance sheet
Debt / equity0.37× · Highest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 58
PAST (return on equity)67· sector 26
HEALTH (low debt)81· sector 97
DIVIDEND (yield)6· sector 23
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "LS Electric Fair Value". https://www.fairvalue-calculator.com/stock/010120
Frequently asked questions
Is LS Electric (010120) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 29,936 KRW versus a price of 205,500 KRW, about −85% upside (overvalued).
What is the fair value of 010120?
Our model-based fair value for LS Electric is 29,936 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 205,500 KRW.
What is the quality score of 010120?
LS Electric has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for LS Electric (010120)?
Our model-based price target is the fair value of 29,936 KRW (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 16,923 KRW, optimistic scenario 38,916 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the LS Electric stock forecast for 2026?
Our models put fair value at 29,936 KRW, about −85% upside versus a price of 205,500 KRW (overvalued). Cautious scenario 16,923 KRW, optimistic scenario 38,916 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of LS Electric (010120)?
LS Electric reported trailing-twelve-month revenue of about 5.3T KRW (latest available figure, as of Sep 24, 2026).
Does LS Electric pay a dividend?
LS Electric currently shows a dividend yield of about 0.29% relative to its recent price (as of Sep 24, 2026).
What growth is priced into LS Electric (010120)?
For today's price to be fair in a discounted-cash-flow model, LS Electric would have to grow free cash flow by +39.6 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +15.6 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 010120 use?
Our models discount LS Electric at 11.3 %: a base by market capitalisation (large), damped by beta 1.68, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For LS Electric that is +39.6 % per year a year over ten years, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has LS Electric (010120) delivered so far?
Over the past 5 years revenue at LS Electric grew +15.6 % a year. The price currently implies +39.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of LS Electric (010120) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into LS Electric (+39.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of LS Electric (010120)?
The free-cash-flow yield on the price is 1.48 %: that much free cash flow LS Electric produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of LS Electric (010120)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For LS Electric it is 29,936 KRW per share (as of Sep 24, 2026), against a price of 205,500 KRW. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is LS Electric stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 010120 trades above its calculated fair value: price 205,500 KRW, fair value 29,936 KRW, a gap of about −85% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 010120?
No. The price is what the market pays today (205,500 KRW); the fair value is what the company's own numbers justify (29,936 KRW). For LS Electric the two are 175,564 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is LS Electric worth?
The market values LS Electric at about 28.3T KRW (market capitalisation, as of Sep 24, 2026). Per share that is 205,500 KRW; our models calculate a fair value of 29,936 KRW per share.
What do the bullish and bearish scenarios say about 010120?
Our models span a range for LS Electric: cautious scenario 16,923 KRW, base 29,936 KRW, optimistic 38,916 KRW per share (as of Sep 24, 2026, price 205,500 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of LS Electric (010120)?
Balance-sheet figures for LS Electric (as of Sep 24, 2026): return on equity 16.7%, debt of 0.37 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 010120 from its 52-week high?
LS Electric trades at 205,500 KRW, about 35% below its 52-week high of 318,500 KRW and 278% above the low of 54,382 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 29,936 KRW is for.
Which stocks are comparable to LS Electric?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Prysmian S.p.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is LS Electric stock attractive at the current price?
The data as of Sep 24, 2026: price 205,500 KRW, calculated fair value 29,936 KRW (−85%), Quality Score 56/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 010120 calculated?
We run LS Electric through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 29,936 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. LS Electric itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of LS Electric (010120)?
The closing price on Sep 23, 2026 was 205,500 KRW. Our model-based fair value is 29,936 KRW, about −85% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with LS Electric right now?
The price sits above even our optimistic bull case (38,916 KRW). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (16,923 KRW to 38,916 KRW) leaves room in how you read the outcome.
Key figures of LS Electric
How large is the market capitalisation of LS Electric (010120)?
The market capitalisation of LS Electric is 28.3T KRW (≈ $20.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of LS Electric (010120)?
The price-to-sales ratio of LS Electric is 5.32 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of LS Electric (010120)?
The dividend yield of LS Electric is 0.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of LS Electric (010120)?
The net margin of LS Electric is 5.8% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of LS Electric (010120)?
The return on equity (ROE) of LS Electric is 16.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of LS Electric (010120)?
On an EBIT basis the return on assets of LS Electric is 7.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of LS Electric (010120)?
The operating margin of LS Electric is 9.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at LS Electric (010120)?
Revenue at LS Electric is growing +33.4% versus a year earlier (3y avg +13.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at LS Electric (010120)?
Earnings per share at LS Electric are growing +72.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does LS Electric (010120) carry?
The net debt of LS Electric is 580B KRW (fiscal year 2025, ≈ 6.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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