POSCO FUTURE M is a South Korean materials company that produces battery materials, advanced chemical materials, and industrial basic materials. The company is the only domestic manufacturer simultaneously producing both cathode and anode active materials for lithium-ion batteries. Its energy materials segment includes high-nickel NCMA, NCA, and LFP cathode materials, as well as natural graphite, artificial graphite, and silicon-based anode materials. The industrial basic materials segment covers refractory products, lime, and chemical by-products such as pitch coke and needle coke derived from steelmaking processes. Key subsidiaries include POSCO FUTURE MATERIALS CANADA INC., ULTIUM CAM LIMITED PARTNERSHIP, and ZHEJIANG POSCO-HUAYOU ESM CO., LTD. The company supplies major battery manufacturers including LG Energy Solution, Samsung SDI, SK On, and Ultium Cells, with production facilities in South Korea, China, and Canada. Founded in 1963 as Samhwa Chemical, the company merged with Pohang Refractories in 1994 and entered the battery materials sector in 2010 by acquiring the anode business of LS Mtron.

Summarised from the company's own disclosures, fiscal year ended Mar 2026

Industry Specialty Chemicals Homepage poscofuturem.com
Sector Basic Materials IR page poscofuturem.com/ir/stock.do
Tags
battery materials, cathode materials, anode materials, refractories, lime, graphite, lithium-ion batteries, steel by-products, ncma, lfp, POSCO FUTURE MATERIALS CANADA INC., ULTIUM CAM GP INC., ULTIUM CAM LIMITED PARTNERSHIP, ZHEJIANG POSCO-HUAYOU ESM CO. LTD, Zhangjiagang Pohang Refractories, PT.KRAKATAU POSCO FUTUREM, Future Graphite, Ultium Cells, LG Energy Solution, Samsung SDI, SK On, POSCO ESM, LS Mtron
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Metrics

Valuation  
Market cap ₩ 16.242T
P/E 278.35
P/BV 3.87
P/S 5.66
P/OCF 71.48
P/FCF -21.23
Dividend yield —
Turnover / mcap —
Returns  
ROE 0.92%
ROI 0.79%
ROIC 0.61%
Profit margin 1.1%
Growth  
Revenue growing No
Profits growing Yes
Revenue up 3y No
Revenue up 5y No
Quality  
Profitable Yes
Margin expanding Yes
Buying back stock No
Diluting (TTM) Yes
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News sentiment (TTM) —
Quality score -23.5%
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Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013
Revenue 2.939T 3.7T 4.76T 3.302T 1.99T 1.566T 1.484T 1.384T 1.197T 1.118T 1.221T 1.371T 1.33T
Free cash flow -1.532T -1.371T -1.797T -720.1B -448.891B -204.321B -245.939B -16.297B -3.867B 61.791B 33.044B 4.29B 48.959B

Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013
Share price 108.65K — — — — — — — — — — — —
P/FCF -6.31 — — — — — — — — — — — —

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POSCO FUTURE M (ticker 003670), listed in South Korea.