| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 89 | — | 17.8x | Top tier | |
Growth | 36 | -3.4% | 7.1% | Bottom tier | |
Quality | 20 | 3.1% | 4.5% | Bottom tier | |
Safety | 35 | 3.0x | 2.6x | Bottom tier | |
Capital Return | 100 | — | 2.12% | Top tier | |
Momentum | 15 | -22.7% | 2.9% | Bottom tier | |
Sentiment | 2 | 1 | 3 | Bottom tier |
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
LG Display manufactures displays for televisions, information technology products, mobile phones, and automobiles, with an ongoing shift toward higher-value OLED products. In Q2 FY2026, information technology products accounted for 36% of revenue, mobile phones and other products 32%, televisions 21%, and automobiles 10%, while OLED contributed approximately 57% of revenue. The company's strategy relies on expanding WOLED displays for televisions and gaming, improving technologies and manufacturing yields for mobile OLED displays, and developing its portfolio of automotive displays and medium-sized products.
Q2 FY2026 revenue reached approximately KRW 5.6121 trillion, recording a slight year-over-year and sequential increase, supported by shipments of medium-sized and large products and exchange rates. Shipment area increased 12% sequentially to 3.6 million square meters, but the price per square meter declined 13% to $1,079 due to the seasonal decrease in shipments of higher-priced mobile products. The company recorded a negative operating margin of 2% and an EBITDA margin of 16%, while the net loss reached KRW 418.8 billion, affected by foreign currency translation losses.
The Q2 FY2026 result included an exceptional cost of KRW 240 billion related to a workforce optimization program; management stated that the core business generated an operating profit when excluding this cost. On an annual basis, according to the provided EDGAR data, revenue increased from $21,330.8 billion in FY2023 to $26,615.3 billion in FY2024, and gross profit improved from $345.2 billion to $2,575.4 billion, but the bottom line remained a net loss of $2,409.3 billion in FY2024.
Automated analysis for informational purposes only — not investment advice.
The neutral analyst consensus reflects a balance between improvement in the core business and continued losses and high leverage, while the 52-week range extends from $2.76 to $5.83, representing a spread of more than twofold between its bounds. The price-to-earnings multiple does not provide an appropriate valuation anchor given the net loss, so a re-rating depends more heavily on LG Display's ability to convert OLED growth and cost reductions into sustainable net profits.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Revenue reached KRW 5.6121 trillion, up slightly year over year and sequentially. Shipment area increased 12% sequentially to 3.6 million square meters, while the price per square meter declined 13% to $1,079. The operating margin was negative 2%, the EBITDA margin was 16%, and the company recorded a net loss of KRW 418.8 billion.
The results included an exceptional cost of KRW 240 billion related to a workforce optimization program. Mobile display shipments also declined due to seasonality, which weakened the product mix and reduced the price per square meter by 13% sequentially. Management said on July 21, 2026, that the core business remained profitable when excluding the exceptional cost, and that first-half performance improved by more than KRW 100 billion year over year.
OLED accounted for approximately 57% of Q2 FY2026 revenue, up slightly year over year. In large products, the company relies on WOLED for premium televisions and gaming monitors, and it expects the share of OLED monitor displays to increase from a low-teens level during the previous year to approximately 20% in FY2026. In mobile phones, LG Display is focused on developing new technologies, improving production yields, and reducing costs to support profitability.
Management expected during the July 21, 2026 call that shipments of large and mobile OLED displays would increase, supported by positive seasonality. It expects total shipment area to grow by a mid-single-digit percentage sequentially after the previous quarter benefited from some demand being brought forward. It also expects the price per square meter to increase by a high-teens percentage due to an improved mobile OLED display mix.
The debt-to-equity ratio reached 260% and the net debt-to-equity ratio reached 156% in Q2 FY2026, increasing the company's sensitivity to losses and currency fluctuations. Management cited rising semiconductor and raw material costs and uncertain demand for information technology devices, in addition to intensifying competition from RGB Mini LED televisions supplied by Greater China vendors. The 13% sequential decline in the price per square meter also illustrates the sensitivity of results to changes in the seasonal shipment mix.
In Q2 FY2026, information technology products accounted for 36% of revenue, and mobile phones and other products accounted for 32%. Televisions represented 21% and automobiles 10%, while OLED contributed 57% across categories. The share of televisions increased by five percentage points sequentially due to higher shipments, while the share of mobile phones and other products declined by five percentage points because of mobile OLED seasonality.
