Valuation Netmarble Corporation

Stocks

End-of-day quote Korea S.E. 2026-09-28			5-day change	1st Jan Change
35,500.00 ^KRW	+3.35%		+2.75%	-26.42%

Sep. 02	Netmarble Opens Pre-Registration for Raven2 Fresh Start Server Zero with Exclusive Rewards and Growth Support	CI
Aug. 04	G-Square AMC Co., Ltd announced that it expects to receive KRW 18 billion in funding from Netmarble Corporation	CI

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	5.84x	9.4x	9.71x
PBR	1.7x	0.88x	0.96x	0.78x	0.73x	0.49x	0.47x	0.45x
PEG	-	0x	0.3x	-2x	0x	0x	-0.2x	-3.03x
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%	2.74%	2.89%	2.98%
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	35,500.00	35,500.00	35,500.00
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

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NETMARBLE CORPORATION	5.84x	1.08x	7x	2.74%	2.09B
NETEASE, INC.	13.51x	2.87x	7.1x	2.59%	77.41B
NEXON CO., LTD.	21.02x	3.63x	12.96x	15.21%	15.29B
SQUARE ENIX HOLDINGS CO., LTD.	25.25x	2.46x	11.68x	1.74%	6.76B
KRAFTON, INC.	9.94x	1.3x	3.81x	1.12%	6.45B
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	13.03x	2.25x	10.72x	5.53%	5.59B
G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.	12.36x	2.91x	7.6x	6.06%	3.59B
KOEI TECMO HOLDINGS CO., LTD.	15.23x	5.23x	12.43x	3.3%	3.55B
NC CORPORATION	9.65x	1.02x	4.58x	1.36%	3.09B
PERFECT WORLD CO., LTD.	15.96x	1.87x	9.17x	5.25%	2.79B
Average	14.18x	2.46x	8.71x	4.49%	12.66B
Weighted average by Cap.	14.69x	2.80x	8.19x	4.27%