(PKX) POSCO Holdings - Overview

Sector: Basic Materials | Industry: Steel | Exchange: NYSE (USA) | Market Cap: 22.493m USD | Total Return: 74.4% in 12m

Steel, Battery Materials, Construction, Energy, Trading
Total Rating 45
Safety 86
Buy Signal 0.10
Steel
Industry Rotation: -2.6
Market Cap: 22.5B
Avg Turnover: 23.4M
Risk 3d forecast
Volatility46.3%
VaR 5th Pctl7.48%
VaR vs Median-1.89%
Reward TTM
Sharpe Ratio1.51
Rel. Str. IBD81.3
Rel. Str. Peer Group50
Character TTM
Beta1.010
Beta Downside0.865
Hurst Exponent0.608
Drawdowns 3y
Max DD68.88%
CAGR/Max DD0.08
CAGR/Mean DD0.12
EPS (Earnings per Share) EPS (Earnings per Share) of PKX over the last years for every Quarter: "2021-03": 2.78, "2021-06": 4.42, "2021-09": 6.39, "2021-12": 3.81, "2022-03": 4.08, "2022-06": 3.5, "2022-09": 1.35, "2022-12": -1.97, "2023-03": 1.65, "2023-06": 1.78, "2023-09": 1.34, "2023-12": -0.9143, "2024-03": 1.0757, "2024-06": 1.0781, "2024-09": 1.049, "2024-12": -0.8469, "2025-03": 0.6885, "2025-06": 0.356, "2025-09": 1.0038, "2025-12": -0.4981, "2026-03": 1.054,
EPS CAGR: -27.83%
EPS Trend: -80.5%
Last SUE: 0.02
Qual. Beats: 0
Revenue Revenue of PKX over the last years for every Quarter: 2021-03: 16068722.907, 2021-06: 18292466.349, 2021-09: 20636882.443, 2021-12: 21334273.352, 2022-03: 21338070.176, 2022-06: 23010054.284, 2022-09: 21154534.166, 2022-12: 19247545.076, 2023-03: 19380878.058, 2023-06: 20121370.886, 2023-09: 18960831.548, 2023-12: 18664116.616396, 2024-03: 18051950.135, 2024-06: 18509680.963, 2024-09: 18321368.302, 2024-12: 17805144, 2025-03: 17436775.98, 2025-06: 17555587.388, 2025-09: 17261000, 2025-12: 16841000, 2026-03: 12198.564972,
Rev. CAGR: -9.25%
Rev. Trend: -78.2%
Last SUE: -1.81
Qual. Beats: -1

Warnings

High Debt/EBITDA (5.7) with thin interest coverage (1.5)

High Debt while negative Cash Flow

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: PKX POSCO Holdings

POSCO Holdings Inc. is a South Korea-based integrated steel producer that maintains a diversified business model spanning steel production, global trading, construction, and green energy materials. The company’s core operations involve the manufacturing of high-grade steel products, including hot and cold rolled steel, stainless steel, and specialized silicon steel sheets for industrial applications.

The steel industry is highly cyclical and capital-intensive, with profitability often tied to global infrastructure demand and raw material costs like iron ore and coking coal. In response to shifting global energy trends, POSCO has expanded its portfolio into the rechargeable battery supply chain, specifically focusing on the production of anode and cathode materials.

Beyond its industrial manufacturing, the firm operates significant segments in natural resource development, power generation, and civil engineering. For a more granular look at these diverse revenue streams, investors can explore the data available on ValueRay. This integrated approach allows the company to leverage its logistics and information technology subsidiaries to optimize its international supply chain.

Headlines to Watch Out For
  • Global demand for steel products drives core revenue and industrial profit margins
  • Expansion into lithium and nickel supply chains revalues stock as battery material play
  • Volatility in iron ore and coking coal prices impacts manufacturing cost structures
  • Economic stability and construction activity in South Korea influence domestic steel volume
  • Transition to eco-friendly production methods creates significant capital expenditure requirements
Piotroski VR-10 (Strict) 2.0
Net Income: 356b TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -1.56 > 1.0
NWC/Revenue: 40.46% < 20% (prev 28.91%; Δ 11.56% < -1%)
CFO/TA 0.03 > 3% & CFO 3533b > Net Income 356b
Net Debt (24497b) to EBITDA (4274b): 5.73 < 3
Current Ratio: 1.90 > 1.5 & < 3
Outstanding Shares: last quarter (372.0m) vs 12m ago 14.90% < -2%
Gross Margin: 7.41% > 18% (prev 0.07%; Δ 733.1% > 0.5%)
Asset Turnover: 49.47% > 50% (prev 70.57%; Δ -21.10% > 0%)
Interest Coverage Ratio: 1.48 > 6 (EBITDA TTM 4274b / Interest Expense TTM 832b)
Altman Z'' 4.28
A: 0.20 (Total Current Assets 44171b - Total Current Liabilities 23264b) / Total Assets 106762b
B: 0.49 (Retained Earnings 52695b / Total Assets 106762b)
C: 0.01 (EBIT TTM 1232b / Avg Total Assets 104443b)
D: 1.25 (Book Value of Equity 55247b / Total Liabilities 44295b)
Altman-Z'' = 4.28 = AA
Beneish M -2.79
DSRI: 1.48 (Receivables 14255b/13410b, Revenue 51670b/72073b)
GMI: 1.01 (GM 7.41% / 7.49%)
AQI: 1.10 (AQ_t 0.19 / AQ_t-1 0.17)
SGI: 0.72 (Revenue 51670b / 72073b)
TATA: -0.03 (NI 356b - CFO 3533b) / TA 106762b)
Beneish M = -2.79 (Cap -4..+1) = A
What is the price of PKX shares?

As of May 26, 2026, the stock is trading at USD 74.52 with a total of 122,600 shares traded.
Over the past week, the price has changed by -6.12%, over one month by +4.93%, over three months by +6.13% and over the past year by +74.40%.

Is PKX a buy, sell or hold?

POSCO Holdings has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy PKX.

  • StrongBuy: 1
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the PKX price?
Analysts Target Price 84.7 13.6%
POSCO Holdings (PKX) - Fundamental Data Overview as of 23 May 2026
Market Cap USD = 22.5b (22.5b USD * 1.0 USD.USD)
P/E Trailing = 48.9211
P/E Forward = 10.02
P/S = 0.0003
P/B = 0.6084
P/EG = 0.8908
Revenue TTM = 51670b USD
EBIT TTM = 1232b USD
EBITDA TTM = 4274b USD
Long Term Debt = 16375b USD (from longTermDebt, last fiscal year)
Short Term Debt = 12380b USD (from shortTermDebt, last quarter)
Debt = 32554b USD (from shortLongTermDebtTotal, last quarter) + Leases 1341b
Net Debt = 24497b USD (calculated: Debt 32554b - CCE 8057b)
Enterprise Value = 24519b USD (22.5b + Debt 32554b - CCE 8057b)
Interest Coverage Ratio = 1.48 (Ebit TTM 1232b / Interest Expense TTM 832b)
EV/FCF = -11.28x (Enterprise Value 24519b / FCF TTM -2174b)
FCF Yield = -8.86% (FCF TTM -2174b / Enterprise Value 24519b)
FCF Margin = -4.21% (FCF TTM -2174b / Revenue TTM 51670b)
Net Margin = 0.69% (Net Income TTM 356b / Revenue TTM 51670b)
Gross Margin = 7.41% ((Revenue TTM 51670b - Cost of Revenue TTM 47843b) / Revenue TTM)
Gross Margin QoQ = 8.50% (prev 6.11%)
Tobins Q-Ratio = 0.23 (Enterprise Value 24519b / Total Assets 106762b)
Interest Expense / Debt = 2.55% (Interest Expense 832b / Debt 32554b)
Taxrate = 28.18% (145.5m / 516.3m)
NOPAT = 885b (EBIT 1232b * (1 - 28.18%))
Current Ratio = 1.90 (Total Current Assets 44171b / Total Current Liabilities 23264b)
Debt / Equity = 0.58 (Debt 32554b / totalStockholderEquity, last quarter 55963b)
Debt / EBITDA = 5.73 (Net Debt 24497b / EBITDA 4274b)
 Debt / FCF = -11.27 (negative FCF - burning cash) (Net Debt 24497b / FCF TTM -2174b)
 Total Stockholder Equity = 55504b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.34% (Net Income 356b / Total Assets 106762b)
RoE = 0.64% (Net Income TTM 356b / Total Stockholder Equity 55504b)
RoCE = 1.71% (EBIT 1232b / Capital Employed (Equity 55504b + L.T.Debt 16375b))
RoIC = 0.92% (NOPAT 885b / Invested Capital 95878b)
WACC = 1.84% (E(22.5b)/V(32577b) * Re(9.53%) + D(32554b)/V(32577b) * Rd(2.55%) * (1-Tc(0.28)))
Discount Rate = 9.53% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 2.27 | Cagr: 0.74%
 [DCF] Fair Price = unknown (Cash Flow -2174b)
 EPS Correlation: -80.51 | EPS CAGR: -27.83% | SUE: 0.02 | # QB: 0
Revenue Correlation: -78.16 | Revenue CAGR: -9.25% | SUE: -1.81 | # QB: -1
EPS current Year (2026-12-31): EPS=4.76 | Chg30d=-5.55% | Revisions=-20% | GrowthEPS=+0.0% | GrowthRev=+5.7%
EPS next Year (2027-12-31): EPS=5.65 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+18.7% | GrowthRev=+7.3%