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LS006260.KSCompetitor analysis, valuation and peers

South Korea · KRW·Industrials›Electrical Products

Holding company atop Korea's LS Group, covering electrical cables, power equipment and metals.

Momentum laggard 5
Mkt cap
$3.51B
US dollars, full cap
Free float
67%
of shares outstanding
$/day
$23.6M
20-day average traded
Fwd P/E
8.0×
forward earnings
ROIC−WACC
-0.4 pp
WACC 5.8%
Hurdle
n/a
no reverse DCF
Next earnings
12 days
18 Nov 2026
Close · KRW₩171,800
1D-9.7%
1W-15.2%
1M-38.6%
3M-42.8%
6M-62.1%
YTD-13.2%
1Y-19.3%
ATR %10.0%
52w lowhigh71.6% off high

What LS does

Holding company atop Korea's LS Group, covering electrical cables, power equipment and metals.

As a holding company it earns through its subsidiaries, so results combine cable-making, tied to copper pass-through and power-grid and subsea-cable orders, electrical equipment sold to utilities, and metal refining. LS Electric and LS Cable are separately listed. The group split from LG in 2003 and is held by branches of the LG founding family.

Products and services

  • LS Cable & System
  • LS Electric (power equipment)
  • LS-Nikko Copper (smelting)
  • LS MnM (battery materials)

Customers

  • Utilities
  • Industrial/construction firms
  • Battery makers (via LS MnM)

Where it sits in the supply chain

  • Industrial conglomerate
  • Group holding company
  • Cables, power equipment, metals

What could go right

  • Grid modernization/renewables buildout
  • Data center power cable demand

What could go wrong

  • Copper price swings
  • Cyclical construction/capex demand

Moat: narrow (scale, installed base). Vertical integration from copper smelting to cables and power equipment gives cost/scale edge.

Headquarters: Seoul, South Korea · Founded: 1962 · Employees: 94

Named competitors

LS at a glance

Size LS (006260.KS) is a South Korea Industrials company (Electrical Products) with a market value of $3.51B, the 92nd largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩171,800 on 6 Nov 2026.

Performance Over six months the shares fell 62.1%, against -25.2% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 18 in its peer set.

Growth Revenue grew 30.0% over the last twelve months (peer median +25.5%); the operating margin is 4.2% (peer median 9.6%).

Valuation It trades at 8.0× forward earnings against a peer median of 21.7× (2nd cheapest of 18).

Capital Return on invested capital runs 0.4 points below its cost of capital (5.8% WACC).

Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 71006260.KS 34
Six months, rebased to 100: LS against the median of its 20 peers (local-currency closes).

LS financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩37.6T₩31.9T₩27.5T₩24.5T₩17.5T
Revenue growth—+16%+13%+40%—
Gross profit₩3.49T₩2.82T₩2.64T₩2.35T₩1.89T
EBITDA₩2.13T₩1.58T₩1.57T₩1.29T₩899B
Net income₩428B₩271B₩237B₩436B₩793B
Free cash flow-₩2.54T-₩941B-₩28.2B-₩232B-₩16.6B
Capital expenditure₩1.24T₩1.19T₩927B₩652B₩519B
Total debt₩13.3T₩10.1T₩8.41T₩7.62T₩7.22T

Quarterly statements and history in the cockpit →

LS 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%0%+50%-50%-25%0%+25%6883493931603728462630057030074700248768867611330004005344000500002266600517KEI006260.KS6-month return →1-month return →
Up and to the right = strong over both horizons. LS is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×100×688349DHOOTTRANS393160372846263005703007470024876886761133000400300438002266600517006260.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LS is the large dot.

LS competitors and peer comparison

Head to head with its named competitors (006260.KS vs 001440.KS vs 298040.KS vs NEX.PA)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
LS 006260.KS$3.51B-62%+30%4%8.0×n/a
Taihan Cable & Solution 001440.KS$2.31B-70%+22%5%99.2×n/a
Hyosung Heavy 298040.KS$10.8B-60%+13%13%18.9×13.5%
Nexans NEX.PA$6.06B-26%-13%6%17.2×5.6%
Prysmian PRY.MI$33.9B-35%+17%8%20.2×13.1%
Sumitomo Electric Industries 5802.T$27.3B-47%+14%9%11.4×13.3%

How LS compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

LS against its 20 peers (data as of 6 Nov 2026)
Measure006260.KSPeer medianRank in peer set
1-month return-38.6%-11.7%3rd lowest of 21
6-month return-62.1%-25.2%lowest of 18
Distance from 52-week high-71.6%-42.3%lowest of 21
Revenue growth (TTM)+30.0%+25.5%8th highest of 21
Operating margin4.2%9.6%4th lowest of 21
Forward P/E8.0×21.7×2nd cheapest of 18
ROIC minus cost of capital-0.4 pp+1.2 pp9th lowest of 20
EV / EBITDA8.4×17.7×2nd cheapest of 9
Net debt / EBITDA4.9×-0.0×2nd most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
LS 006260.KSSouth Korea$3.51B-62%+30%4%8.0×n/an/a
Sany Renewable Energy 688349.SSChina$3.50B-22%+30%2%21.7×n/an/a
Dhoot Transmission DHOOTTRANS.NSIndia$3.46Bn/a+31%13%52.6×n/an/a
Luoyang Bearing 301699.SZChina$3.45Bn/a+29%11%n/an/an/a
CALB 3931.HKHong Kong$3.57B-59%+80%7%8.1×n/an/a
Shanghai Moons Electrical 603728.SSChina$3.66B-1%+22%4%183.9×n/an/a
Taiyo 4626.TJapan$3.36B-5%+18%25%17.0×5.0%+11.2%
T&S Communications 300570.SZChina$3.36B-25%+40%18%47.3×43.8%+21.8%
Wuhan Raycus Fiber Laser Technologies 300747.SZChina$3.67B+22%+16%6%76.8×n/an/a
Dajin Heavy Industry 002487.SZChina$3.71B-60%-2%19%19.6×n/an/a
Hainan Jinpan Smart Technology 688676.SSChina$3.75B-38%+12%10%29.4×28.5%+24.7%
Harbin Electric 1133.HKHong Kong$3.27B-54%+13%7%6.2×n/an/a
XJ Electric 000400.SZChina$3.86B0%-8%6%23.5×n/an/a
Guangzhou Great Power Energy & Technology 300438.SZChina$3.90B-50%+125%7%11.7×9.7%+26.8%
Shenzhen Hfc 301716.SZChina$3.93Bn/a+114%44%n/a45.3%n/a
Beijing Sifang Automation 601126.SSChina$3.94B-44%+9%9%27.8×25.3%+16.3%
Maruwa 5344.TJapan$3.12B-46%+26%36%19.5×n/an/a
Gaon Cable 000500.KSSouth Korea$3.97B+50%+32%3%n/an/an/a
Zhefu 002266.SZChina$3.09B-26%+27%8%9.3×n/an/a
State Grid Yingda 600517.SSChina$4.01B-21%+8%22%10.2×-18.5%+8.1%
KEI Industries KEI.NSIndia$4.03B-22%+25%10%33.9×n/an/a

Questions

Who are LS's main competitors?
Named competitors: Taihan Electric Wire (001440.KS), Hyosung Heavy Industries (298040.KS), Nexans (NEX.PA), Prysmian (PRY.MI), Sumitomo Electric (5802.T). The cockpit's measured peer set (industry) also includes Sany Renewable Energy (688349.SS), Dhoot Transmission (DHOOTTRANS.NS), Luoyang Bearing (301699.SZ), CALB (3931.HK), Shanghai Moons Electrical (603728.SS), Taiyo (4626.T).
Is LS expensive compared with its peers?
On forward p/e it trades at 8.0× against a peer median of 21.7×, 2nd cheapest of 18 in its peer set.
How has LS stock performed?
Over six months to 6 Nov 2026 the shares returned -62.1% against -25.2% for the median peer; over one year -19.3%.

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.