Added to YB: 2026-06-03
Pitch date: 2026-06-01
011070.KS [bullish]
LG Innotek Co., Ltd.
Author Info
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Company Info
LG Innotek Co., Ltd. engages in the manufacture and sale of electronic materials and components for mobile, display, semiconductor, automobile, and Internet of Things (IoT) fields in South Korea and internationally.
Market Cap
KRW 36.2T
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.19
P/E
74.69
EV/Sales
1.65
Sector
Electronic Equipment, Instruments and Components
Category
growth
I’m long LG Innotek (011070.KS)
011070.KS: Up 500% YTD, mispriced as consumer electronics co despite AI substrate pivot. Exclusive Apple iPhone camera supplier (Optical 4.6T KRW Q1) + FC-BGA AI server substrates (Package +16%, CFO targets matching Optical scale). Q1: op profit +136%, net +167%, rev record 5.53T KRW. ~13x FY26E PER, 19.2T backlog. Bear: 80%+ Apple concentration, iPhone 18 risk, 20-30% pullback likely after fast run.
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