Financials NHN KCP Corp.

Equities

A060250

KR7060250008

Internet Services

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
11,310 KRW -2.58% Intraday chart for NHN KCP Corp. -1.65% +10.02%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 492,436 1,603,461 1,167,904 518,129 397,490 381,895 - -
Enterprise Value (EV) 2 380.6 1,447 956.8 274.1 397.5 69.57 36.03 381.9
P/E ratio 19.8 x 49.8 x 34.8 x 14.8 x - 11.4 x 9.87 x 9.43 x
Yield 1.04% - - 1.49% - 1.94% 2.07% -
Capitalization / Revenue 1.05 x 2.57 x 1.57 x 0.63 x 0.41 x 0.35 x 0.32 x 0.31 x
EV / Revenue 0.81 x 2.32 x 1.28 x 0.33 x 0.41 x 0.06 x 0.03 x 0.31 x
EV / EBITDA 9.48 x 31.5 x 19.7 x 5.58 x - 1.33 x 0.6 x -
EV / FCF 5.99 x 25.7 x 14.4 x 7.52 x - 1.01 x 0.61 x -
FCF Yield 16.7% 3.89% 6.92% 13.3% - 99.2% 165% -
Price to Book 3.77 x 9.7 x 6.72 x 2.71 x - 1.78 x 1.56 x -
Nbr of stocks (in thousands) 39,874 39,326 38,481 38,666 38,666 33,766 - -
Reference price 3 12,350 40,774 30,350 13,400 10,280 11,310 11,310 11,310
Announcement Date 2/7/20 2/8/21 2/9/22 2/10/23 2/13/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 469.9 624.8 745.4 822.8 972 1,087 1,208 1,240
EBITDA 1 40.14 45.99 48.5 49.13 - 52.2 59.86 -
EBIT 1 32.09 39.77 43.16 44.21 41.96 49.07 57.51 59
Operating Margin 6.83% 6.37% 5.79% 5.37% 4.32% 4.52% 4.76% 4.76%
Earnings before Tax (EBT) 1 37.85 36.18 43.94 46.4 45 52.32 62.53 -
Net income 1 24.9 30.01 30.42 34.92 34.77 40.13 47.42 48
Net margin 5.3% 4.8% 4.08% 4.24% 3.58% 3.69% 3.93% 3.87%
EPS 2 623.6 819.0 873.0 903.0 - 993.7 1,146 1,200
Free Cash Flow 3 63,495 56,215 66,230 36,465 - 69,000 59,525 -
FCF margin 13,512.51% 8,996.77% 8,884.9% 4,431.96% - 6,349.28% 4,929.24% -
FCF Conversion (EBITDA) 158,170.9% 122,229.18% 136,567.87% 74,214.04% - 132,180.29% 99,438.23% -
FCF Conversion (Net income) 255,049.11% 187,294.27% 217,681.64% 104,414.15% - 171,926.92% 125,536.02% -
Dividend per Share 2 127.9 - - 200.0 - 219.8 234.3 -
Announcement Date 2/7/20 2/8/21 2/9/22 2/10/23 2/13/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 194.3 201.4 191.6 199.2 209.7 222.3 226.4 234.2 243.1 268.4 246.1 256.8
EBITDA - - - - - - - - - - - -
EBIT 1 11.15 11.66 8.527 10.48 13.17 12.03 8.967 10.95 9.645 12.39 9.8 12.2
Operating Margin 5.74% 5.79% 4.45% 5.26% 6.28% 5.41% 3.96% 4.68% 3.97% 4.62% 3.98% 4.75%
Earnings before Tax (EBT) 1 - - - 11.8 15.49 9.773 10.93 12.74 11.63 9.699 11 13.8
Net income 1 9.399 4.535 7.176 8.843 11.89 7.011 8.247 9.425 8.815 8.287 8.2 10.3
Net margin 4.84% 2.25% 3.75% 4.44% 5.67% 3.15% 3.64% 4.02% 3.63% 3.09% 3.33% 4.01%
EPS - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 11/9/21 2/9/22 5/9/22 8/9/22 11/8/22 2/10/23 5/11/23 8/10/23 11/9/23 2/13/24 - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 112 157 211 244 - 312 346 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 63,495 56,215 66,230 36,465 - 69,000 59,525 -
ROE (net income / shareholders' equity) 20.5% 21.5% 19.2% 19.3% - 16.5% 16.7% 15.6%
ROA (Net income/ Total Assets) 8.41% 8.81% 7.75% 7.95% - 7.2% 8.13% -
Assets 1 296 340.7 392.7 439.5 - 557.4 583 -
Book Value Per Share 3 3,272 4,204 4,516 4,940 - 6,339 7,262 -
Cash Flow per Share 3 1,833 1,618 1,960 1,070 - 1,218 1,387 -
Capex 1 7.81 3.06 2.09 4.91 - 3.77 3.68 -
Capex / Sales 1.66% 0.49% 0.28% 0.6% - 0.35% 0.3% -
Announcement Date 2/7/20 2/8/21 2/9/22 2/10/23 2/13/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
11,310 KRW
Average target price
15,175 KRW
Spread / Average Target
+34.17%
Consensus

Quarterly revenue - Rate of surprise

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