EN DE

Lotte Shopping (023530) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 4.4T KRW (≈ $3.1B) · ISIN KR7023530009

What is Lotte Shopping really worth?

LS Lotte Shopping 023530 · KO
Price107,500 KRW
Fair Value76,636 KRW
Upside−28.7%
Quality46/100

Below-average quality, and trading another 40% above our fair value of 76,636 KRW.

Watch Lotte Shopping for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y −3.2 %/yr)
!Thin margins · 1.2% net margin
!Mixed vs. peers (5/11)
!Narrow moat 27/100
!Evidence only medium, so the estimate is less certain
!Weak on future: 18 out of 100
!Weak on past: 5 out of 100

For context

·3.72% dividend yield
Evidence: Medium Range 69,337 KRW – 87,956 KRW

Fair value as of: Aug 24, 2026

From 24 valuation models · updated 12 days ago

Share price −7.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (87,956 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

201,986 KRW 46,900 KRW Fair Value 76,636 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range 46,900 KRW – 201,986 KRW · fair‑value band 69,337 KRW – 87,956 KRW · the 107,500 KRW price screens above the 76,636 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 24, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Lotte Shopping (023530) currently trades at 107,500 KRW, while our model-based Fair Value estimate is 76,636 KRW, implying the stock looks roughly 40.3% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical sector. Bull case: the Asset-Based group reads highest at a median of 359,877 KRW per share, and 11 of the 24 models we run sit above the 107,500 KRW price. Bear case: the Earnings-Based group reads lowest at 15,157 KRW, and 13 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Lotte Shopping generated revenue of 13.9T KRW at a net margin of 1.2%. Revenue grew 3.6% year over year. It earns a return on equity of 1.2%. Net debt stands at 9.3T KRW. Fundamentals as of Aug 24, 2026

Our scenario range runs from 69,337 KRW (bear case) to 87,956 KRW (bull case); at 107,500 KRW, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 40% below its 52-week high and 76% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 3% fair-value upside, at −29%, 023530 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

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
Highest evidence
FCF DCF 205,478 KRW 362,648 KRW 665,128 KRW 77
Growth DCF 224,538 KRW 378,442 KRW 652,344 KRW 76
Residual Income 367,330 KRW 342,654 KRW 240,016 KRW 76
All 24 models by family
DCF Models
FCF DCF 205,478 KRW 362,648 KRW 665,128 KRW 77
Owner Earnings 45,445 KRW 166,268 KRW 73
5Y Revenue Exit 73,565 KRW 157,413 KRW 278,747 KRW 69
5Y EBITDA Exit 246,671 KRW 457,206 KRW 736,153 KRW 73
5Y P/E Exit 9,630 KRW 36,485 KRW 68
10Y Revenue Exit 115,651 KRW 183,843 KRW 254,443 KRW 67
10Y EBITDA Exit 227,985 KRW 373,542 KRW 529,279 KRW 68
10Y P/E Exit 67,515 KRW 90,330 KRW 108,878 KRW 65
Earnings-Based
Graham-Dodd 12,401 KRW 15,157 KRW 17,051 KRW 67
EPV 8,618 KRW 39,351 KRW 66,668 KRW 66
Dividend Discount
Gordon GGM 66,215 KRW 72,822 KRW 82,975 KRW 69
DDM Multi-Stage 66,215 KRW 84,509 KRW 110,967 KRW 67
Multiples
P/E Multiple 30,090 KRW 40,120 KRW 50,150 KRW 63
P/S Multiple 23,251 KRW 31,002 KRW 38,752 KRW 58
P/B Multiple 23,251 KRW 31,002 KRW 38,752 KRW 55
EV/EBIT 95,693 KRW 182,768 KRW 269,844 KRW 63
EV/EBITDA 344,811 KRW 514,925 KRW 685,039 KRW 66
EV/Revenue 10,553 KRW 86,018 KRW 161,483 KRW 47
Asset-Based
NCAV (Graham) 268,565 KRW 359,877 KRW 537,131 KRW 54
Growth DCF
Growth DCF 224,538 KRW 378,442 KRW 652,344 KRW 76
Rev-Margin DCF 73,565 KRW 165,820 KRW 281,736 KRW 69
Economic Profit
Residual Income 367,330 KRW 342,654 KRW 240,016 KRW 76
ROIC Compounder 8,618 KRW 39,351 KRW 66,668 KRW 66
Growth Earnings
Growth-Adj P/E 21,211 KRW 30,302 KRW 39,392 KRW 67

Widest divergence: Asset-Based (359,877 KRW) versus Earnings-Based (15,157 KRW). Highest evidence: FCF DCF (77).

Notify me when 023530 reaches fair value

Put 023530 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/S ratio 0.32 TTM
Dividend yield 3.7%
Net margin 0.4% FY2025
Return on equity 1.2% TTM
Return on assets (EBIT) 1.2% avg 5y
Operating margin 7.0% TTM
More key figures
Growth
Revenue (TTM) 13.9T KRW TTM
Revenue growth (YoY) +3.6% 3y avg −3.9%
EPS growth (YoY) +692%
Balance sheet & cash flow
Free cash flow 1.0T KRW FY2025
Net debt 9.3T KRW FY2025 · ≈ 9.0 yrs of FCF

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 46 · Market factors (momentum, volatility) 53

Profitability 20
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 66
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Lotte Shopping Co., Ltd., together with its subsidiaries, owns and manages department stores in South Korea. It also operates outlets, discount stores, electronics stores, supermarkets, e-commerce, and movie theaters.

Full company description

Lotte Shopping Co., Ltd., together with its subsidiaries, owns and manages department stores in South Korea. It also operates outlets, discount stores, electronics stores, supermarkets, e-commerce, and movie theaters. In addition, the company is involved in the TV home shopping, clothing manufacturing and sales, home appliance retail, and movie screening businesses; provision of building management service; real estate, new technology investment, financial, and film investment production activities. The company was formerly known as Hyupwoo Industrial Co., Ltd. and changed its name to Lotte Shopping Co., Ltd. in November 1979. Lotte Shopping Co., Ltd. was founded in 1970 and is headquartered in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lotte Shopping reported revenue of 13.7T KRW in FY2025 versus 15.6T KRW in FY2021, a compound −3.1%/yr. Reported net income was 51.6B KRW in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
13.7T KRW
Latest YoY
−1.8%
Avg. revenue growth/yr (3Y) 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.
−3.9%
Avg. revenue growth/yr (5Y) 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.
−3.2%
Avg. revenue growth/yr (20Y) 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.
+1.9%
Value creation/yr (3Y, in KRW) Earnings growth per share (CAGR 3 years) plus dividend yield: value created per share and year. 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.
−29.7% (−33.4 + 3.7)
Revenue −3.1%/yr
FY21 15.6T KRW
FY22 15.5T KRW
FY23 14.6T KRW
FY24 14.0T KRW
FY25 13.7T KRW
Net income
FY21 −292B KRW
FY22 −325B KRW
FY23 174B KRW
FY24 −968B KRW
FY25 51.6B KRW

023530 screens 40% overvalued. Compare with Falabella S.A →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

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). "Lotte Shopping Fair Value". https://www.fairvalue-calculator.com/stock/023530

Peer Group

Department Stores · 121 stocks

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.

Quality Score 46 · Bottom 25%
Fair Value upside −29% · Below median
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 4% · Above median
Dividend yield (TTM) 3.7% · Above median
Debt / equity 0.35× · Higher than 75% of peers

Valuation Multiples vs Department Stores median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 2.8× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 23
FUTURE18 · sector 0
PAST5 · sector 16
HEALTH83 · sector 95
DIVIDEND74 · sector 44

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Department Stores stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
Falabella S.A FALABELLA 6,380 CLP 8,005 CLP +25%
Dillard's, Inc DDS $630.71 $536.21 −15%
99 Speed Mart Retail Holdings 5326 3.65 MYR 1.59 MYR −56%
Cencosud S.A CENCOSUD 1,949 CLP 2,425 CLP +24%
Macy's, Inc M $21.93 $42.68 +95%
Vishal Mega Mart Limited VMM ₹107.00 ₹30.46 −72%
Central Retail Corporation CRC 27.50 THB 20.89 THB −24%
SHINSEGAE Inc 004170 424,000 KRW 177,841 KRW −58%
PT Daya Intiguna Yasa Tbk MDIY 940.00 IDR 968.76 IDR +3%
PT. Mitra Adiperkasa Tbk MAPI 1,510 IDR 2,957 IDR +96%

Compare Lotte Shopping with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Lotte Shopping (023530) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of 76,636 KRW versus a price of 107,500 KRW, about −29% upside (overvalued).
What is the fair value of 023530?
Our model-based fair value for Lotte Shopping is 76,636 KRW (as of Aug 24, 2026), built from audited fundamentals. The current price: 107,500 KRW.
What is the quality score of 023530?
Lotte Shopping has a Quality Score of 46/100. 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 revenue of Lotte Shopping (023530)?
Lotte Shopping reported trailing-twelve-month revenue of about 13.9T KRW (latest available figure, as of Aug 24, 2026).
What is the net profit margin of 023530?
The net profit margin of Lotte Shopping is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.
Does Lotte Shopping pay a dividend?
Lotte Shopping currently shows a dividend yield of about 3.72% relative to its recent price (as of Aug 24, 2026).
Free · no account needed

Watch Lotte Shopping in the live analysis

One click puts Lotte Shopping on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.