Company Valuation: NP Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 613,997 226,798 142,156 84,355 35,762
Change - -63.06% -37.32% -40.66% -57.61%
Enterprise Value (EV) 1 617,777 235,727 149,713 81,584 35,875
Change - -61.84% -36.49% -45.51% -56.03%
P/E -50.7x -366x -59.1x -478x -9.24x
PBR 19.8x 7.5x 4.71x 2.81x 1.37x
PEG 0x 3.9x -0x 5.2x -0x
Capitalization / Revenue 24.7x 5.69x 4.02x 2.85x 1.31x
EV / Revenue 24.8x 5.92x 4.24x 2.76x 1.32x
EV / EBITDA 295x 209x -103x -45.6x -35.7x
EV / EBIT 682x -246x -40.5x -19.3x -11.7x
EV / FCF - - - - -
FCF Yield - - - - -
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -302.7 -15 -55.01 -4 -87.8
Distribution rate - - - - -
Net sales 1 24,872 39,845 35,335 29,560 27,231
EBITDA 1 2,095 1,127 -1,458 -1,790 -1,004
EBIT 1 905.7 -958.7 -3,696 -4,221 -3,060
Net income 1 -10,540 -595.8 -2,374 -175.2 -3,872
Net Debt 1 3,780 8,930 7,557 -2,771 113
Reference price 2 15,350.00 5,490.00 3,250.00 1,913.00 811.00
Nbr of stocks (in thousands) 40,000 41,311 43,740 44,096 44,096
Announcement Date 3/18/22 3/16/23 3/15/24 3/13/25 3/12/26
1KRW in Million2KRW
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 18.11M
13.39x1.47x6.66x4.18% 26.97B
9.25x1.04x5.79x4.33% 21.75B
12.65x5.62x10.23x6.91% 11.42B
16.76x1.31x5.03x2.85% 5.94B
17.07x0.61x5.88x1.41% 4.74B
9.48x0.67x4.01x4.94% 4.41B
-35.94x1.42x6x-.--% 3.41B
18.26x0.39x5.54x2.48% 2.95B
Average 7.61x 1.56x 6.14x 3.39% 9.07B
Weighted average by Cap. 10.54x 1.79x 6.55x 4.15%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA