LG Corp: NAV + An Indirect Beneficiary of Growing Demand for AI Data Center Cooling Systems and Physical AI
In this insight, I provide an updated NAV analysis of LG Corp (003550 KS) which is an indirect beneficiary of AI data center cooling system and the physical AI products/services.
My base case valuation of LG Corp is market cap of 33.4 trillion won or NAV per share of 216,627 won, which is 48% higher than current share price.
LG Electronics is a key beneficiary of higher demand for AI driven data center cooling business and LG CNS/LG Electronics are key beneficiaries of growing demand for Physical AI.
LG Electronics’ AI Data Center Cooling System (Source: LG Electronics)
