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LG Corp: Key Highlights from Its Corporate Value-Up Plan and Updated NAV Valuation

LG Corp: Key Highlights from Its Corporate Value-Up Plan and Updated NAV Valuation

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Douglas Kim
Nov 23, 2024
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Douglas Research Insights
Douglas Research Insights
LG Corp: Key Highlights from Its Corporate Value-Up Plan and Updated NAV Valuation
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  • In this insight, we provide the major highlights of the solid Corporate Value Up plan announced by LG Corp on 22 November.

  • The key highlights include about 500 billion won worth of share cancellation by 2026, improved dividend policy, and higher ROE target.

  • Our base case NAV valuation analysis of LG Corp suggests implied NAV of 16.1 trillion won or NAV per share of 102,426 won, which is 33.4% higher than current price.

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