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LIG Nex1

KOSE:A079550
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A079550
KOSE
₩517B
Market Cap
  1. Home
  2. KR
  3. Capital Goods
Company description

LIG Nex1 Co., Ltd. develops and produces various weapon systems worldwide. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
  • LIG Nex1 has significant price volatility in the past 3 months.
A079550 Share Price and Events
7 Day Returns
20.8%
KOSE:A079550
10%
KR Aerospace & Defense
6.7%
KR Market
1 Year Returns
-36.4%
KOSE:A079550
-36.8%
KR Aerospace & Defense
-18.5%
KR Market
A079550 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LIG Nex1 (A079550) 20.8% -6.7% -24.1% -36.4% -70.5% -
KR Aerospace & Defense 10% -9.7% -30.7% -36.8% -59% -50.5%
KR Market 6.7% -6.7% -16% -18.5% -14.8% -19.6%
1 Year Return vs Industry and Market
  • A079550 matched the Aerospace & Defense industry (-36.8%) over the past year.
  • A079550 underperformed the Market in Korea (Republic of) which returned -18.5% over the past year.
Price Volatility
A079550
Industry
5yr Volatility vs Market

A079550 Value

 Is LIG Nex1 undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of LIG Nex1 to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for LIG Nex1.

KOSE:A079550 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.9%
Perpetual Growth Rate 10-Year KR Government Bond Rate 3.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for KOSE:A079550
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year KR Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 6.1%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.851 (1 + (1- 30%) (122.52%))
1.389
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.39
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.43% + (1.389 * 6.07%)
11.86%

Discounted Cash Flow Calculation for KOSE:A079550 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for LIG Nex1 is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

KOSE:A079550 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (KRW, Millions) Source Present Value
Discounted (@ 11.86%)
2020 33,500.00 Analyst x2 29,948.08
2021 53,000.00 Analyst x2 42,356.91
2022 80,000.00 Analyst x1 57,156.10
2023 80,790.72 Est @ 0.99% 51,601.02
2024 82,181.03 Est @ 1.72% 46,923.73
2025 84,016.64 Est @ 2.23% 42,885.50
2026 86,194.80 Est @ 2.59% 39,332.40
2027 88,645.98 Est @ 2.84% 36,162.02
2028 91,322.77 Est @ 3.02% 33,304.03
2029 94,192.81 Est @ 3.14% 30,708.58
Present value of next 10 years cash flows ₩410,378.00
KOSE:A079550 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₩94,192.81 × (1 + 3.43%) ÷ (11.86% – 3.43%)
₩1,155,642.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₩1,155,642.79 ÷ (1 + 11.86%)10
₩376,760.69
KOSE:A079550 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₩410,378.00 + ₩376,760.69
₩787,138.69
Equity Value per Share
(KRW)
= Total value / Shares Outstanding
= ₩787,138.69 / 22.00
₩35779.03
KOSE:A079550 Discount to Share Price
Calculation Result
Value per share (KRW) From above. ₩35,779.03
Current discount Discount to share price of ₩23,500.00
= -1 x (₩23,500.00 - ₩35,779.03) / ₩35,779.03
34.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price LIG Nex1 is available for.
Intrinsic value
34%
Share price is ₩23500 vs Future cash flow value of ₩35779.03
Current Discount Checks
For LIG Nex1 to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • LIG Nex1's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • LIG Nex1's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LIG Nex1's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LIG Nex1's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KOSE:A079550 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in KRW ₩145.00
KOSE:A079550 Share Price ** KOSE (2020-04-09) in KRW ₩23500
Korea (Republic of) Aerospace & Defense Industry PE Ratio Median Figure of 8 Publicly-Listed Aerospace & Defense Companies 14.71x
Korea (Republic of) Market PE Ratio Median Figure of 1,320 Publicly-Listed Companies 13.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LIG Nex1.

KOSE:A079550 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KOSE:A079550 Share Price ÷ EPS (both in KRW)

= 23500 ÷ 145.00

162.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LIG Nex1 is overvalued based on earnings compared to the KR Aerospace & Defense industry average.
  • LIG Nex1 is overvalued based on earnings compared to the Korea (Republic of) market.
Price based on expected Growth
Does LIG Nex1's expected growth come at a high price?
Raw Data
KOSE:A079550 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 162.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
65.3%per year
Asia Aerospace & Defense Industry PEG Ratio Median Figure of 24 Publicly-Listed Aerospace & Defense Companies 2x
Korea (Republic of) Market PEG Ratio Median Figure of 353 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

KOSE:A079550 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 162.07x ÷ 65.3%

2.48x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LIG Nex1 is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on LIG Nex1's assets?
Raw Data
KOSE:A079550 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in KRW ₩28,986.99
KOSE:A079550 Share Price * KOSE (2020-04-09) in KRW ₩23500
Korea (Republic of) Aerospace & Defense Industry PB Ratio Median Figure of 12 Publicly-Listed Aerospace & Defense Companies 1.53x
Korea (Republic of) Market PB Ratio Median Figure of 1,980 Publicly-Listed Companies 0.92x
KOSE:A079550 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KOSE:A079550 Share Price ÷ Book Value per Share (both in KRW)

= 23500 ÷ 28,986.99

0.81x

* Primary Listing of LIG Nex1.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LIG Nex1 is good value based on assets compared to the KR Aerospace & Defense industry average.
X
Value checks
We assess LIG Nex1's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. LIG Nex1 has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

A079550 Future Performance

 How is LIG Nex1 expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
65.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LIG Nex1 expected to grow at an attractive rate?
  • LIG Nex1's earnings growth is expected to exceed the low risk savings rate of 3.4%.
Growth vs Market Checks
  • LIG Nex1's earnings growth is expected to exceed the Korea (Republic of) market average.
  • LIG Nex1's revenue growth is expected to exceed the Korea (Republic of) market average.
Annual Growth Rates Comparison
Raw Data
KOSE:A079550 Future Growth Rates Data Sources
Data Point Source Value (per year)
KOSE:A079550 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 65.3%
KOSE:A079550 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 13.5%
Korea (Republic of) Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 18.1%
Korea (Republic of) Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 8.3%
Korea (Republic of) Market Earnings Growth Rate Market Cap Weighted Average 27.5%
Korea (Republic of) Market Revenue Growth Rate Market Cap Weighted Average 6.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
KOSE:A079550 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in KRW Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
KOSE:A079550 Future Estimates Data
Date (Data in KRW Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,124,000 114,000 88,000 1
2021-12-31 1,887,500 41,000 59,000 2
2020-12-31 1,584,000 40,000 27,000 2
2020-04-09
KOSE:A079550 Past Financials Data
Date (Data in KRW Millions) Revenue Cash Flow Net Income *
2019-12-31 1,452,651 151,005 3,185
2019-09-30 1,437,238 -369 15,035
2019-06-30 1,383,674 4,956
2018-12-31 1,477,508 -113,999 4,458
2018-03-31 1,771,406 -77,008 -12,865
2017-12-31 1,761,316 -36,378 -8,628
2017-09-30 1,917,487 -36,620 92,502
2017-06-30 1,846,739 -7,978 88,507
2017-03-31 1,825,169 22,380 65,379

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LIG Nex1's earnings are expected to grow significantly at over 20% yearly.
  • LIG Nex1's revenue is expected to grow by 13.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
KOSE:A079550 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from LIG Nex1 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSE:A079550 Future Estimates Data
Date (Data in KRW Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 3,984.00 3,984.00 3,984.00 1.00
2021-12-31 2,679.00 3,024.00 2,334.00 2.00
2020-12-31 1,230.50 1,903.00 558.00 2.00
2020-04-09
KOSE:A079550 Past Financials Data
Date (Data in KRW Millions) EPS *
2019-12-31 145.00
2019-09-30 684.63
2019-06-30 225.66
2018-12-31 203.00
2018-03-31 -584.67
2017-12-31 -392.19
2017-09-30 4,204.66
2017-06-30 4,023.05
2017-03-31 2,972.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • LIG Nex1 is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess LIG Nex1's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Korea (Republic of) market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Korea (Republic of) market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LIG Nex1 has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

A079550 Past Performance

  How has LIG Nex1 performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LIG Nex1's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • LIG Nex1's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • LIG Nex1's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • LIG Nex1's 1-year earnings growth is negative, it can't be compared to the KR Aerospace & Defense industry average.
Earnings and Revenue History
LIG Nex1's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LIG Nex1 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSE:A079550 Past Revenue, Cash Flow and Net Income Data
Date (Data in KRW Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,452,651.35 3,185.32 79,419.03 34,449.43
2019-09-30 1,437,237.98 15,035.11 80,118.83 33,963.62
2019-06-30 1,383,674.26 4,955.63 78,679.46 32,368.33
2018-12-31 1,477,507.58 4,458.06 82,491.68 29,545.56
2018-03-31 1,771,405.89 -12,864.84 97,251.11 35,497.83
2017-12-31 1,761,316.23 -8,628.21 97,833.02 37,447.10
2017-09-30 1,917,487.32 92,502.45 89,616.40 33,647.85
2017-06-30 1,846,739.11 88,507.15 81,496.40 32,769.30
2017-03-31 1,825,169.03 65,379.48 81,100.66 28,764.43
2016-12-31 1,860,784.77 77,051.47 78,495.17 25,629.40
2016-09-30 1,916,610.96 65,548.00 98,312.01 24,969.16
2016-06-30 1,995,487.94 86,336.98 95,389.79 22,642.72
2016-03-31 2,004,699.88 90,830.63 96,436.71 15,499.43
2015-12-31 1,903,704.15 83,022.33 90,224.65 17,975.70
2015-09-30 1,746,964.54 86,614.15 71,360.14 15,595.12
2015-06-30 1,596,351.26 65,743.17 68,843.43 15,475.52
2015-03-31 1,421,370.08 55,159.49 60,184.58 20,227.99
2014-12-31 1,400,163.62 50,554.09 62,234.34 17,292.97
2013-12-31 1,208,198.16 53,774.60 60,443.25 13,614.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • LIG Nex1 has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • LIG Nex1 used its assets less efficiently than the KR Aerospace & Defense industry average last year based on Return on Assets.
  • LIG Nex1's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess LIG Nex1's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LIG Nex1 has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

A079550 Health

 How is LIG Nex1's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LIG Nex1's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LIG Nex1 is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LIG Nex1's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LIG Nex1's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LIG Nex1 Company Filings, last reported 3 months ago.

KOSE:A079550 Past Debt and Equity Data
Date (Data in KRW Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 633,974.40 624,443.01 106,589.49
2019-09-30 656,180.35 664,826.80 62,494.60
2019-06-30 0.00
2018-12-31 650,133.40 635,722.83 53,263.08
2018-03-31 587,587.98 652,059.93 88,192.30
2017-12-31 603,978.46 509,892.28 89,260.77
2017-09-30 680,539.20 628,239.80 88,016.27
2017-06-30 659,341.25 298,603.85 15,945.97
2017-03-31 615,526.01 400,431.17 31,282.12
2016-12-31 631,649.11 260,629.02 12,285.45
2016-09-30 610,751.42 370,021.58 20,271.54
2016-06-30 593,494.93 141,214.14 9,709.62
2016-03-31 578,063.45 277,756.70 11,330.78
2015-12-31 577,078.42 55,499.26 34,855.78
2015-09-30 568,384.60 335,021.65 36,381.87
2015-06-30 379,471.28 152,324.59 28,835.35
2015-03-31 358,115.84 107,021.65 3,697.30
2014-12-31 358,115.84 107,021.65 3,697.30
2013-12-31 335,347.92 121,706.91 43,068.76
  • LIG Nex1's level of debt (98.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (29.9% vs 98.5% today).
  • Debt is well covered by operating cash flow (24.2%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess LIG Nex1's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LIG Nex1 has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

A079550 Dividends

 What is LIG Nex1's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.13%
Current annual income from LIG Nex1 dividends. Estimated to be 2.72% next year.
If you bought ₩2,000 of LIG Nex1 shares you are expected to receive ₩43 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • LIG Nex1's pays a higher dividend yield than the bottom 25% of dividend payers in Korea (Republic of) (1.17%).
  • LIG Nex1's dividend is below the markets top 25% of dividend payers in Korea (Republic of) (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
KOSE:A079550 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Korea (Republic of) Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.2%
Korea (Republic of) Market Average Dividend Yield Market Cap Weighted Average of 913 Stocks 2.8%
Korea (Republic of) Minimum Threshold Dividend Yield 10th Percentile 0.6%
Korea (Republic of) Bottom 25% Dividend Yield 25th Percentile 1.2%
Korea (Republic of) Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

KOSE:A079550 Future Dividends Estimate Data
Date (Data in ₩) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 800.00 1.00
2021-12-31 650.00 2.00
2020-12-31 550.00 2.00
2020-04-09
KOSE:A079550 Past Annualized Dividends Data
Date (Data in ₩) Dividend per share (annual) Avg. Yield (%)
2019-11-14 500.000 1.838
2018-03-20 500.000 1.391
2017-11-14 940.000 1.742

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LIG Nex1 has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • LIG Nex1 has only been paying a dividend for 2 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of LIG Nex1's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LIG Nex1 has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5x coverage).
X
Income/ dividend checks
We assess LIG Nex1's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LIG Nex1 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LIG Nex1 has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

A079550 Management

 What is the CEO of LIG Nex1's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ji-Chan Kim
CEO Bio

Mr. Ji-Chan Kim serves as the Chief Executive Officer at LIG Nex1 Co., Ltd. Mr. Kim served as the Senior Managing Director, Head of Business & Development Division and Business Development Director at LIG Nex1 Co., Ltd.

CEO Compensation
  • Insufficient data for Ji-Chan to compare compensation growth.
  • Insufficient data for Ji-Chan to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Ji-Chan Kim

TITLE
Chief Executive Officer

Lee Jung-Sik

TITLE
President & COO
AGE
61

Geon-Hyeok Lee

TITLE
MD & Head of Production Division
AGE
55

Young-Cheol Lee

TITLE
Senior MD & Director of Management Division
AGE
60

Si-Gon Kim

TITLE
MD & Head of Overseas Business Division
AGE
58

Seung-Hoon Baek

TITLE
MD & Head of Technology Division
AGE
56

Seung-Yong Lee

TITLE
MD & Chief of Ethics Management Office
AGE
58

Eui-Jun Kim

TITLE
MD & Head of Marine 1 Research Center
AGE
55

Jung-Jin Kim

TITLE
Managing Director

Jong-Ki Kim

TITLE
MD & Director of Guided Weapons Division
AGE
59
Board of Directors

Hyo-Koo Lee

TITLE
Vice Chairman
AGE
68

Havis Kwon

TITLE
Director
AGE
64

Young-Woo Nam

TITLE
Non-Standing Executive Director
AGE
68

Byeong-Cheol Jeong

TITLE
Outside Director
AGE
73

Sung-Il Kim

TITLE
Outside Director
AGE
71

Hyun Cho

TITLE
Outside Director
AGE
69

Seung-Jun Chung

TITLE
Outside Director
AGE
50
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₩) Value (₩)
X
Management checks
We assess LIG Nex1's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LIG Nex1 has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

A079550 News

Simply Wall St News

A079550 Company Info

Description

LIG Nex1 Co., Ltd. develops and produces various weapon systems worldwide. The company offers precision guided munitions, which include ground-based guided missiles; ship-launched/air-launched guided missiles; and underwater guided missiles. It also provides intelligence, surveillance, and reconnaissance products that include radar systems, electronic optics/imaging radars, and SONAR surveillance systems. In addition, the company offers command and control systems, such as ground-based command and control systems for unmanned aerial systems, tactical data links, vehicle command and control systems, and surface combat management systems; and tactical communication/navigation systems comprising satellite navigation systems, data links for unmanned drones, and strategic communication systems. Further, it provides avionics consisting of mission, display, flight control, and communication/navigation/identification systems; airborne, ground-based, and maritime electronic warfare systems; unmanned drone/robotics systems, which include unmanned systems/robotics projects and unmanned drone/robotics for ships; and cyber warfare/M&S/high-energy weapon systems. The company was formerly known as NEX1 Future Co., Ltd. and changed its name to LIG Nex1 Co., Ltd. in April 2007. LIG Nex1 Co., Ltd. was founded in 1976 and is headquartered in Yongin, South Korea.

Details
Name: LIG Nex1 Co., Ltd.
A079550
Exchange: KOSE
Founded: 1976
₩517,000,000,000
22,000,000
Website: http://www.lignex1.com
Address: LIG Nex1 Co., Ltd.
207, Mabuk-ro,
Giheung-gu,
Yongin-si,
Gyeonggi-do, 446-798,
South Korea
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KOSE A079550 Registered Common Stock Korea Stock Exchange KR KRW 02. Oct 2015
Number of employees
Current staff
Staff numbers
0
LIG Nex1 employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 15:29
End of day share price update: 2020/04/09 00:00
Last estimates confirmation: 2020/04/02
Last earnings filing: 2020/03/17
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.