A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
POSCO HOLDINGS INC.
PKX
$15.8B
Mkt Cap
$52.34
-1.87%
POSCO HOLDINGS INC. (PKX) has a current P/E ratio of 21.8, compared to its historical median P/E of 7.7. The stock is currently considered Expensive based on its historical valuation range.
POSCO HOLDINGS INC. (PKX) has a 5-year average return on invested capital (ROIC) of 6.6%. This is below average and may indicate limited pricing power.
POSCO HOLDINGS INC. (PKX) has a market capitalization of $15.8B. It is classified as a large-cap stock.
Yes, POSCO HOLDINGS INC. (PKX) pays a dividend with a trailing twelve-month yield of 3.90%.
Based on historical P/E analysis, POSCO HOLDINGS INC. (PKX) appears expensive. The current P/E of 21.8 is 181% above its historical median of 7.7. The estimated fair value CAGR (P/E method) is -9.4%.
POSCO HOLDINGS INC. (PKX) operates in the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry, within the Materials sector.
POSCO HOLDINGS INC. (PKX) reported annual revenue of $53.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
Item 4. Information on the Company Item 4.A. History and Development of the Company We were established by the Government on April 1, 1968, under the Commercial Code, to manufacture and distribute steel rolled products and plates in the domestic and overseas markets. The Government owned more than 70% of our equity until 1988, when the Government reduced its ownership of our common stock to 35% through a public offering and listing our shares on the KRX KOSPI Market. In December 1998, the Government sold all of our common stock it owned directly, and The Korea Development Bank completed the sale of our shares that it owned in September 2000. The Government no longer holds any direct interest in us, and our outstanding common stock is currently held by individuals and institutions. See “Item 7. Major Shareholders and Related Party Transactions — Item 7A. Major Stockholders.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 53.8B | 53.8B | 58.9B | 66.0B | 66.2B | 49.0B |
| Net Income | 736M | 736M | 1.4B | 2.8B | 6.3B | 1.5B |
| EPS | $2.43 | $2.43 | $4.50 | $8.02 | $19.53 | $4.46 |
| Free Cash Flow | -736M | -736M | -432M | 978M | 2.8B | 4.7B |
| ROIC | 0.4% | 0.5% | 3.1% | 10.9% | 10.6% | 8.0% |
| Gross Margin | 7.5% | 7.5% | 8.3% | 9.0% | 15.6% | 8.1% |
| Debt/Equity | 0.18 | 0.18 | 0.18 | - | - | - |
| Dividends/Share | $2.04 | $2.04 | $1.99 | $2.73 | $3.57 | $1.68 |
| Operating Income | 283M | 283M | 307M | 464M | 504M | 343M |
| Operating Margin | 0.5% | 0.5% | 0.5% | 0.7% | 0.8% | 0.7% |
| ROE | 1.6% | 1.7% | 3.1% | - | - | - |
| Shares Outstanding | 302M | 302M | 314M | 347M | 320M | 334M |
| Metric | 2015 | 2016 | TTM | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 87.0T | 74.5T | 43.5T | 59.3B | 55.8B | 49.0B | 66.2B | 66.0B | 58.9B | 53.8B | 53.8B |
| Gross Margin | 11.1% | 12.6% | 13.7% | 12.3% | 9.8% | 8.1% | 15.6% | 9.0% | 8.3% | 7.5% | 7.5% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 2.6T | 2.2T | 1.1T | 336M | 317M | 321M | 343M | 229M | 179M | 172M | 172M |
| EBIT | 815.8B | 285.0B | 324.3B | 477M | 388M | 343M | 504M | 464M | 307M | 283M | 283M |
| Op. Margin | 0.9% | 0.4% | 0.7% | 0.8% | 0.7% | 0.7% | 0.8% | 0.7% | 0.5% | 0.5% | 0.5% |
| Net Income | -172.7B | 1.5T | 2.1T | 1.8B | 1.8B | 1.5B | 6.3B | 2.8B | 1.4B | 736M | 736M |
| Net Margin | -0.2% | 1.9% | 4.8% | 3.0% | 3.1% | 3.0% | 9.4% | 4.2% | 2.4% | 1.4% | 1.4% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||
| ROIC | 4.7% | 2.4% | 5.4% | 5.6% | 6.0% | 8.0% | 10.6% | 10.9% | 3.1% | 0.5% | 0.4% |
| ROE | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.1% | 1.7% | 1.6% |
| ROA | -1.8% | 17.0% | 48.9% | 37.4% | 41.5% | 39.3% | 172.2% | 74.1% | 3.5% | 1.0% | 1.0% |
| Cash Flow | |||||||||||
| Op. Cash Flow | 11.3T | 7.4T | 4.1T | 5.3B | 5.2B | 7.4B | 5.5B | 4.8B | 4.7B | 4.9B | 4.9B |
| Free Cash Flow | 7.5T | 4.1T | 2.4T | 3.4B | 3.0B | 4.7B | 2.8B | 978M | -432M | -736M | -736M |
| Owner Earnings | 7.1T | 3.4T | 2.0T | 2.7B | 2.6B | 4.7B | 2.7B | 2.3B | 2.2B | 2.3B | 2.3B |
| CapEx | 3.8T | 3.3T | 1.7T | 1.9B | 2.2B | 2.7B | 2.7B | 3.8B | 5.1B | 5.6B | 5.6B |
| Maint. CapEx | 4.2T | 4.0T | 2.1T | 2.7B | 2.6B | 2.7B | 2.7B | 2.5B | 2.6B | 2.6B | 2.6B |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3B | 2.6B | 3.0B | 3.0B |
| D&A | 4.2T | 4.0T | 2.1T | 2.7B | 2.6B | 2.7B | 2.7B | 2.5B | 2.6B | 2.6B | 2.6B |
| CapEx/OCF | 33.7% | 44.1% | 40.8% | 36.4% | 42.0% | 36.3% | 49.0% | 79.6% | 109.2% | 115.1% | 115.1% |
| Capital Allocation | |||||||||||
| Dividends Paid | 1.2T | 998.0B | 624.3B | 659M | 814M | 562M | 1.1B | 946M | 624M | 618M | 618M |
| Dividend Yield | 9167.7% | 9918.4% | 3233.4% | 2.9% | 5.3% | 4.4% | 5.7% | 5.8% | 2.6% | 3.1% | 3.9% |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||
| Net Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.3B | 3.2B | 3.2B |
| Cash & Equiv. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5.1B | 5.0B | 5.0B |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8.1B |
| Debt/Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.18 | 0.18 | 0.18 |
| Interest Coverage | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 45.6B | 45.0B | 45.0B |
| Total Assets | 9.5T | 8.6T | 4.3T | 4.7B | 4.2B | 3.8B | 3.6B | 3.8B | 77.6B | 75.7B | 75.7B |
| Total Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 32.0B | 30.7B | 30.7B |
| Intangibles | 9.5T | 8.6T | 4.3T | 4.7B | 4.2B | 3.8B | 3.6B | 3.8B | 3.6B | 3.5B | 3.5B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 41.1B | 39.3B | 39.3B |
| Working Capital | 2.9T | 2.4T | 1.0T | 1.8B | 2.4B | 2.9B | 5.7B | 1.4B | -166M | -154M | -154M |
| Current Assets | 29.8T | 28.8T | 14.5T | 18.6B | 15.7B | 15.0B | 21.0B | 5.7B | 78M | 103M | 103M |
| Current Liabilities | 27.0T | 26.4T | 13.4T | 16.8B | 13.3B | 12.0B | 15.3B | 4.3B | 244M | 257M | 257M |
| Per Share Data | |||||||||||
| EPS | 676.24 | 6,114.53 | 6,471.52 | 5.07 | 5.25 | 4.46 | 19.53 | 8.02 | 4.50 | 2.43 | 2.43 |
| Owner EPS | 23,269.72 | 14,417.86 | 6,049.66 | 7.76 | 7.66 | 14.10 | 8.50 | 6.67 | 6.88 | 7.58 | 7.58 |
| Book Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 145.28 | 148.66 | 148.66 |
| Cash Flow/Share | 37,121.99 | 31,218.98 | 12,472.99 | 15.40 | 15.46 | 22.14 | 17.03 | 13.84 | 15.03 | 16.12 | 10.97 |
| Dividends/Share | 4,016.85 | 4,200.34 | 1,920.67 | 1.90 | 2.44 | 1.68 | 3.57 | 2.73 | 1.99 | 2.04 | 2.04 |
| Shares Out. | 304.3M | 237.6M | 325.1M | 347.1M | 334.3M | 334.2M | 320.2M | 347.1M | 313.7M | 302.5M | 302.5M |
| Valuation | |||||||||||
| P/E Ratio | 0.1 | 0.0 | 0.0 | 9.8 | 8.9 | 12.5 | 2.8 | 6.5 | 20.2 | 17.5 | 21.5 |
| P/FCF | 0.0 | 0.0 | 0.0 | 5.0 | 5.2 | 3.9 | 6.2 | 18.4 | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 103.7 | 56.8 | 67.1 |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.6 | 0.3 | 0.4 |
| Price/Sales | 0.0 | 0.0 | 0.0 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 |
| FCF Yield | 72341.2% | 35940.2% | 10338.4% | 19.8% | 19.2% | 25.3% | 16.0% | 5.4% | -1.5% | -5.7% | -4.7% |
| Market Cap | 10.4B | 11.5B | 23.2B | 17.2B | 15.7B | 18.6B | 17.3B | 18.2B | 28.6B | 12.9B | 15.8B |
| Avg. Price | 43.82 | 42.35 | 59.40 | 65.61 | 46.23 | 38.58 | 62.49 | 47.13 | 76.75 | 65.89 | 52.34 |
| Year-End Price | 33.65 | 48.01 | 70.63 | 49.02 | 46.31 | 55.18 | 53.55 | 51.88 | 90.10 | 42.17 | 52.34 |
POSCO HOLDINGS INC. passes 2 of 9 quality checks, indicating weak fundamentals.
POSCO HOLDINGS INC. trades at 21.8x trailing earnings, compared to its 15-year median P/E of 7.7x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 6.6% with a gross margin of 9.7%. Total shareholder yield (dividends) is 3.9%. At current prices, the estimated annualized return to fair value is -37.0%.
POSCO HOLDINGS INC. (PKX) has a net profit margin of 1.4%. This is a modest margin.
POSCO HOLDINGS INC. (PKX) generated $-736 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
POSCO HOLDINGS INC. (PKX) has a debt-to-equity ratio of 0.18. This indicates a conservatively financed balance sheet.
POSCO HOLDINGS INC. (PKX) reported earnings per share (EPS) of $2.43 in its most recent fiscal year.
POSCO HOLDINGS INC. (PKX) has a return on equity (ROE) of 1.7%. This indicates moderate shareholder returns.
POSCO HOLDINGS INC. (PKX) has a 5-year average gross margin of 9.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 10 years of financial data for POSCO HOLDINGS INC. (PKX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
POSCO HOLDINGS INC. (PKX) has a book value per share of $148.66, based on its most recent annual SEC filing.