KRX · Korea · Electrical Equipment & Parts

010120.KS LS Electric

Switchgear and transformers

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)

Transformers & Switchgear · 86

Last close (delayed) · 2026-10-27

₩158,100

+3.40% today

+1.9%

−25.4%

−29.3%

YTD

+72.5%

+160.2%

Off 52w high

−50.4%

Next earnings (est.): 2026-10-21

Market cap₩22.75T≈ $17.17B

P/E (trailing)—Forward 28.5

EV / sales4.1×EV/EBITDA 35.0×

Revenue (TTM)₩5.69TGrowth 32.2% y/y

Margins21.1%gross · op 11.3%

Free cash flow-₩108BCash ₩741B · debt ₩1.52T

Analyst target₩259,066+63.9% upside · 26 analysts · buy

Riskβ 1.84Short — of float · yield 0.38%

Fundamentals from public market data, refreshed daily (2026-10-26 21:24 UTC). Figures in reporting currency.

010120.KS · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events

8

2026-08-14EarningsMiss / cut

Reported EPS 790 vs 832.4 expected (-5.1% surprise).
7

2026-05-14EarningsBeat / raise

Reported EPS 4052 vs 623.86 expected (+549.5% surprise).
6

2026-03-18EarningsBeat / raise

Reported EPS 560.2 vs 485.53 expected (+15.4% surprise).
5

2025-11-14EarningsMiss / cut

Reported EPS 447.2 vs 566.66 expected (-21.1% surprise).
4

2025-08-14EarningsMiss / cut

Reported EPS 451.4 vs 532.93 expected (-15.3% surprise).
3

2025-05-15EarningsBeat / raise

Reported EPS 470.6 vs 450.19 expected (+4.5% surprise).
2

2025-03-17EarningsBeat / raise

Reported EPS 422 vs 391.31 expected (+7.8% surprise).
1

2024-11-14EarningsMiss / cut

Reported EPS 226.6 vs 370.01 expected (-38.8% surprise).

Latest headlines

Auto-updated daily

Alternative data that moves 010120.KS

US imports from Korea+49.0% y/y Price of power transformers (US producer prices)+7.8% y/y

Earnings history

EPS vs expectations

Date	Expected EPS	Reported EPS	Surprise
2026-08-14	832.4	790.0	−5.1%
2026-05-14	623.86	4052.0	+549.5%
2026-03-18	485.53	560.2	+15.4%
2025-11-14	566.66	447.2	−21.1%
2025-08-14	532.93	451.4	−15.3%
2025-05-15	450.19	470.6	+4.5%
2025-03-17	391.31	422.0	+7.8%
2024-11-14	370.01	226.6	−38.8%
2018-03-12	1000.2	117.8	−88.2%
2015-05-15	167.39	33.4	−80.0%
2015-03-11	256.16	178.04	−30.5%
2014-11-14	240.13	285.0	+18.7%
2012-11-29	224.0	244.0	+8.9%
2012-08-29	273.2	222.0	−18.7%
2012-05-30	171.2	144.2	−15.8%
2012-03-30	279.0	184.43	−33.9%
2011-11-29	168.4	45.8	−72.8%
2011-03-30	300.8	191.4	−36.4%
2010-08-16	248.0	232.31	−6.3%
2010-05-16	174.4	159.4	−8.6%
2010-03-30	259.96	330.6	+27.2%
2010-02-03	359.5	494.8	+37.6%
2009-10-20	272.46	219.8	−19.3%
2009-06-01	210.51	112.2	−46.7%

About LS Electric

Website ↗

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 …

3,313 employees · Anyang-Si, South Korea

Transformers & Switchgear

Large power transformers are hand-built, need grain-oriented steel and copper, and have years-long lead times. Switchgear followed.

GOES steel + copper→Transformer→Switchgear→Substation

What would prove us wrong. Weakens if lead times shorten sharply as Korean, Indian and Mexican capacity arrives.

Peers at the same bottleneck

Who else supplies this

Stock	Role	Last	1D	1M	YTD
ETN Eaton	Electrical content per data-centre MW	$385.2	+3.56%	−10.7%	+21.9%
HUBB Hubbell	Utility and campus electrical products	$432.2	−5.92%	−7.2%	−1.8%
6501.T Hitachi	Hitachi Energy transformers and HVDC	¥5,615.0	+1.48%	+1.9%	+15.8%
SU.PA Schneider Electric	Switchgear, power and cooling for data centres	€242.7	+2.97%	−16.4%	+4.9%
ABBN.SW ABB	Electrification, drives and robotics	CHF 71.50	+2.61%	−10.4%	+22.5%
267260.KS HD Hyundai Electric	Large power transformers for US utilities	₩450,000	+0.67%	−37.0%	−41.4%
298040.KS Hyosung Heavy Industries	Transformers with US plant	₩1,914,000	+3.29%	−34.0%	+7.5%
POWL Powell Industries	Custom switchgear and power-control rooms	$162.4	+3.37%	−13.3%	+53.0%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.