Company Valuation: Netmarble Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,241,821 4,948,848 4,760,399 4,236,017 3,953,343 2,768,096 - -
Change - -51.68% -3.81% -11.02% -6.67% -29.98% - -
Enterprise Value (EV) 1 9,282 6,460 6,021 4,774 4,613 3,081 2,943 2,743
Change - -30.4% -6.79% -20.71% -3.37% -33.21% -4.49% -6.8%
P/E 42.6x -6.03x -18.6x 168x 18.1x 5.69x 9.15x 9.45x
PBR 1.7x 0.88x 0.96x 0.78x 0.73x 0.48x 0.46x 0.44x
PEG - 0x 0.3x -2x 0x 0x -0.2x -2.95x
Capitalization / Revenue 4.09x 1.85x 1.9x 1.59x 1.39x 0.94x 0.92x 0.92x
EV / Revenue 3.7x 2.42x 2.41x 1.79x 1.63x 1.05x 0.98x 0.91x
EV / EBITDA 30.8x 52.2x 51.5x 12.9x 9.53x 6.83x 5.76x 5.52x
EV / EBIT 60.1x -61.8x -86.5x 22.1x 13.1x 9.48x 7.66x 7.76x
EV / FCF 182x -14.5x -44.8x 17.7x 15.9x 5.69x 8.28x 8.17x
FCF Yield 0.55% -6.92% -2.23% 5.66% 6.3% 17.6% 12.1% 12.2%
Dividend per Share 3 528 - - 417 876 973.8 1,025 1,059
Rate of return 0.42% - - 0.81% 1.82% 2.82% 2.97% 3.06%
EPS 3 2,932 -10,023 -3,120 308 2,665 6,077 3,777 3,656
Distribution rate 18% - - 135% 32.9% 16% 27.1% 29%
Net sales 1 2,506 2,673 2,501 2,664 2,835 2,934 3,004 3,009
EBITDA 1 301.6 123.7 117 370 484 450.9 510.5 496.6
EBIT 1 154.5 -104.5 -69.6 215.6 352.5 325 384.2 353.4
Net income 1 240.2 -906.4 -266.6 28.8 239.3 495.5 320.1 331.1
Net Debt 1 -959.5 1,511 1,261 538.1 660 313.1 174.7 -25.42
Reference price 3 125,000.00 60,400.00 58,100.00 51,700.00 48,250.00 34,550.00 34,550.00 34,550.00
Nbr of stocks (in thousands) 81,935 81,935 81,935 81,935 81,935 80,119 - -
Announcement Date 2/9/22 2/9/23 2/7/24 2/13/25 2/5/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.69x1.05x6.83x2.82% 2.04B
13.78x2.93x7.26x2.55% 78.66B
17.99x2.95x10.53x17.78% 13.06B
24.94x2.42x11.48x1.77% 6.66B
9.78x1.27x3.72x1.14% 6.37B
13.03x2.25x10.72x5.52% 5.59B
12.36x2.91x7.6x6.06% 3.59B
15.09x5.17x12.29x3.33% 3.51B
9.43x0.98x4.43x1.4% 3.03B
16.3x1.93x9.42x5.14% 2.85B
Average 13.84x 2.39x 8.43x 4.75% 12.54B
Weighted average by Cap. 14.39x 2.75x 7.93x 4.31%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. A251270 Stock
  4. Valuation Netmarble Corporation