Company Valuation: NHN KCP Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,603,461 1,167,904 518,129 397,490 274,531 475,576 475,576 -
Change - -27.16% -55.64% -23.28% -30.93% 73.23% 0% -
Enterprise Value (EV) 1 1,447 956.8 274.1 109.4 51.9 182.5 114.3 53.34
Change - -33.86% -71.35% -60.09% -52.56% 251.58% -37.35% -53.34%
P/E ratio 49.8x 34.8x 14.8x 11.3x 6.07x 12.2x 10.8x 9.66x
PBR 9.7x 6.72x 2.71x 1.85x 1.1x 1.92x 1.67x 1.45x
PEG - 5.28x 4.31x 10.2x 0.2x 7.12x 0.9x 0.8x
Capitalization / Revenue 2.57x 1.57x 0.63x 0.41x 0.25x 0.39x 0.35x 0.33x
EV / Revenue 2.32x 1.28x 0.33x 0.11x 0.05x 0.15x 0.09x 0.04x
EV / EBITDA 31.5x 19.7x 5.58x 2.33x 1.07x 3.05x 1.77x 0.74x
EV / EBIT 36.4x 22.2x 6.2x 2.61x 1.19x 3.33x 1.95x 0.81x
EV / FCF 25.7x 14.4x 7.52x 1.75x -0.82x 2.93x 1.57x 0.68x
FCF Yield 3.89% 6.92% 13.3% 57.3% -122% 34.1% 63.9% 148%
Dividend per Share 3 - - 200 200 100 121.7 157.5 177.5
Rate of return - - 1.49% 1.95% 1.41% 0.84% 1.08% 1.22%
EPS 3 819 873 903 913 1,169 1,189 1,338 1,503
Distribution rate - - 22.1% 21.9% 8.55% 10.2% 11.8% 11.8%
Net sales 1 624.8 745.4 822.8 972 1,105 1,228 1,340 1,444
EBITDA 1 45.99 48.5 49.13 46.94 48.34 59.9 64.54 71.86
EBIT 1 39.77 43.16 44.21 41.96 43.78 54.84 58.72 66.04
Net income 1 30.01 30.42 34.92 34.77 45.2 47.1 54.15 61.57
Net Debt 1 -156.7 -211.1 -244 -288.1 -222.6 -293.1 -361.2 -422.2
Reference price 3 40,773.81 30,350.00 13,400.00 10,280.00 7,100.00 14,520.00 14,520.00 14,520.00
Nbr of stocks (in thousands) 39,326 38,481 38,666 38,666 38,666 32,753 32,753 -
Announcement Date 2/8/21 2/9/22 2/10/23 2/13/24 2/13/25 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.21x0.15x3.05x0.84% 323M
33.4x15.09x24.25x0.57% 484B
73.46x - - 0.38% 1.59B
Average 39.69x 7.62x 13.65x 0.6% 162.13B
Weighted average by Cap. 33.52x 15.08x 24.24x 0.56%
See all sector valuations

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