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LG Corp.003550.KSCompetitor analysis, valuation and peers

South Korea · KRW·Information Technology›Electronics/Appliances

Holding company atop the LG Group, owning stakes in LG Electronics, LG Chem, LG Display, LG Uplus and other affiliates.

≈ A diversified conglomerate holding company with no single US analogue.Momentum strong 67
Mkt cap
$9.77B
US dollars, full cap
Free float
55%
of shares outstanding
$/day
$17.9M
20-day average traded
Fwd P/E
10.9×
forward earnings
ROIC−WACC
-6.1 pp
WACC 7.9%
Hurdle
-6 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · KRW₩90,600
1D-2.9%
1W-5.8%
1M-18.2%
3M-11.2%
6M-8.6%
YTD+15.0%
1Y+11.7%
ATR %5.0%
52w lowhigh51.3% off high

What LG Corp. does

Holding company atop the LG Group, owning stakes in LG Electronics, LG Chem, LG Display, LG Uplus and other affiliates.

Earns dividends from affiliates and a brand-licensing fee for use of the LG name, so its income depends on those companies' payouts. The Koo family controls the group through this holding company, and LG CNS, its IT-services arm, listed in 2025.

In one line: A diversified conglomerate holding company with no single US analogue..

Products and services

  • LG Electronics stake (appliances/TVs)
  • LG Chem stake (chemicals/batteries)
  • LG Display stake (panels)
  • LG Uplus stake (telecom)

Where it sits in the supply chain

  • Conglomerate holding
  • Holding company over LG group…
  • Stakes in electronics, chemicals…

What could go right

  • Performance of underlying LG affiliates (Chem, Display, Electronics)

What could go wrong

  • Holding-company discount to sum of parts
  • Group restructuring/succession governance risk

Moat: none (scale). A holding company; its value and risk mirror its listed and unlisted subsidiaries, not an operating moat of its own.

Headquarters: Seoul, South Korea · Founded: 1947 · Employees: 195

Named competitors

LG Corp. at a glance

Size LG Corp. (003550.KS) is a South Korea Information Technology company (Electronics/Appliances) with a market value of $9.77B, the 46th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩90,600 on 6 Nov 2026.

Performance Over six months the shares fell 8.6%, against -40.8% for the median peer and -24.5% for the South Korea market (cap-weighted) — 5th highest of 15 in its peer set.

Growth Revenue grew 2.7% over the last twelve months (peer median +17.8%); the operating margin is 10.8% (peer median 8.7%).

Valuation It trades at 10.9× forward earnings against a peer median of 19.4× (2nd cheapest of 14).

Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -6 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 6.1 points below its cost of capital (7.9% WACC).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026003550.KS 89Peer median 59
Six months, rebased to 100: LG Corp. against the median of its 14 peers (local-currency closes).

LG Corp. financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩7.30T₩7.12T₩6.96T₩6.55T₩5.88T
Revenue growth—+2%+6%+11%—
Gross profit₩1.21T₩1.20T₩1.19T₩1.08T₩1.00T
EBITDA₩1.04T₩1.01T₩942B₩877B₩819B
Net income₩758B₩737B₩575B₩1.26T₩1.26T
Free cash flow₩918B₩864B₩1.26T₩771B₩481B
Capital expenditure₩164B₩168B₩126B₩140B₩196B
Total debt₩586B₩786B₩694B₩600B₩859B

Quarterly statements and history in the cockpit →

LG Corp. competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-60%-40%-20%0%042700018260066570307950064400011070009830007660377300222800353200034220058470039030003550.KS6-month return →1-month return →
Up and to the right = strong over both horizons. LG Corp. is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%20×40×042700018260066570307950064400011070009830007660377300222800353200058470039030003550.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LG Corp. is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%042700018260066570307950064400011070377300353200034220058470039030003550.KSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. LG Corp. is the large dot.

LG Corp. competitors and peer comparison

Head to head with its named competitors (003550.KS vs 028260.KS vs 034730.KS vs 000880.KS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
LG Corp. 003550.KS$9.77B-9%+3%11%10.9×6.6%
Samsung C&t 028260.KS$31.3B-8%+14%8%15.0×5.9%
SK 034730.KS$17.9B+5%+15%7%2.2×n/a
Hanwha 000880.KS$2.86B-30%+35%6%4.5×n/a

How LG Corp. compares with its peers

Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

LG Corp. against its 14 peers (data as of 6 Nov 2026)
Measure003550.KSPeer medianRank in peer set
1-month return-18.2%-36.2%4th highest of 15
6-month return-8.6%-40.8%5th highest of 15
Distance from 52-week high-51.3%-61.3%3rd highest of 15
Revenue growth (TTM)+2.7%+17.8%4th lowest of 15
Operating margin10.8%8.7%7th highest of 15
Forward P/E10.9×19.4×2nd cheapest of 14
Growth the price implies (Req g, 7 yrs)6.6%13.0%6th least demanding of 12
Growth delivered (Del g)+12.2%+11.8%6th highest of 12
Hurdle (Req g minus delivered)-5.6 pp-1.6 pp6th least demanding of 12
ROIC minus cost of capital-6.1 pp+3.2 pplowest of 15
EV / EBITDA11.9×21.3×cheapest of 5
Net debt / EBITDA-2.4×-1.1×2nd least indebted of 5

Peer table

Peer set: Sector in the same market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
LG Corp. 003550.KSSouth Korea$9.77B-9%+3%11%10.9×6.6%+12.2%
HANMISemi 042700.KSSouth Korea$11.3B-56%-20%42%54.4×41.7%+17.5%
Samsung Sds 018260.KSSouth Korea$12.4B+31%+2%5%24.9×13.0%+4.8%
Lgelectronics 066570.KSSouth Korea$17.3B-2%+8%4%11.3×-4.5%+9.0%
HyundaiAutoever 307950.KSSouth Korea$5.49B-40%+16%5%35.7×27.6%+22.2%
LG Cns 064400.KSSouth Korea$5.29B+14%+4%9%15.5×5.6%+7.2%
LG Innotek 011070.KSSouth Korea$4.62B-54%+20%4%9.6×-0.3%+18.1%
Hanwha Solutions 009830.KSSouth Korea$4.30B-49%+14%0%20.1×n/an/a
Isupetasys 007660.KSSouth Korea$3.36B-59%+42%20%16.4×n/an/a
kakaopay 377300.KSSouth Korea$3.22B-42%+32%12%33.9×18.9%+26.8%
Simmtech 222800.KSSouth Korea$2.69B+7%+42%9%18.7×n/an/a
Daeduck Electronics 353200.KSSouth Korea$2.61B-37%+56%16%15.0×15.3%+11.8%
LG Display 034220.KSSouth Korea$2.61B-42%-7%2%n/a-13.4%+1.2%
Leeno Industrial 058470.KSSouth Korea$2.60B-61%+24%49%19.4×6.3%+13.1%
EO Technics 039030.KSSouth Korea$2.53B-39%+26%25%29.9×18.0%+3.2%

Questions

Who are LG Corp.'s main competitors?
Named competitors: Samsung C&T (028260.KS), SK Inc (034730.KS), Hanwha (000880.KS). The cockpit's measured peer set (sector in the same market, nearest in size) also includes HANMISemi (042700.KS), Samsung Sds (018260.KS), Lgelectronics (066570.KS), HyundaiAutoever (307950.KS), LG Cns (064400.KS), LG Innotek (011070.KS).
Is LG Corp. expensive compared with its peers?
On forward p/e it trades at 10.9× against a peer median of 19.4×, 2nd cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -6 pp: the price already allows for a slowdown.
How has LG Corp. stock performed?
Over six months to 6 Nov 2026 the shares returned -8.6% against -40.8% for the median peer; over one year +11.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.