Financials Mgame Corp.

Equities

A058630

KR7058630005

Internet Services

End-of-day quote Korea S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
5,630 KRW +0.72% Intraday chart for Mgame Corp. +3.11% -9.19%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 58,045 67,231 101,127 231,908 140,673 118,501
Enterprise Value (EV) 1 52,330 54,853 80,473 187,599 65,605 25,575
P/E ratio 21.3 x 8.47 x 15 x 10.8 x 6.33 x 5.42 x
Yield - - - - - 2.42%
Capitalization / Revenue 2.14 x 1.79 x 2.39 x 4.16 x 1.91 x 1.45 x
EV / Revenue 1.93 x 1.46 x 1.9 x 3.37 x 0.89 x 0.31 x
EV / EBITDA 9.17 x 5.61 x 7.18 x 8.64 x 2.07 x 1.11 x
EV / FCF 728 x 9.44 x 8.27 x 14.6 x 2.34 x 1.5 x
FCF Yield 0.14% 10.6% 12.1% 6.85% 42.6% 66.6%
Price to Book 1.79 x 1.68 x 2.18 x 3.24 x 1.51 x 1.04 x
Nbr of stocks (in thousands) 19,544 19,544 19,009 19,009 19,113 19,113
Reference price 2 2,970 3,440 5,320 12,200 7,360 6,200
Announcement Date 15/03/19 13/03/20 19/03/21 18/03/22 17/03/23 15/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 27,118 37,631 42,393 55,705 73,654 81,633
EBITDA 1 5,707 9,784 11,205 21,708 31,726 23,114
EBIT 1 3,621 7,249 8,994 19,983 30,116 21,347
Operating Margin 13.35% 19.26% 21.22% 35.87% 40.89% 26.15%
Earnings before Tax (EBT) 1 4,190 7,180 8,081 25,265 28,705 25,076
Net income 1 2,724 7,934 6,793 21,440 22,649 21,864
Net margin 10.04% 21.08% 16.02% 38.49% 30.75% 26.78%
EPS 2 139.4 405.9 354.2 1,127 1,162 1,144
Free Cash Flow 1 71.91 5,813 9,729 12,852 27,979 17,044
FCF margin 0.27% 15.45% 22.95% 23.07% 37.99% 20.88%
FCF Conversion (EBITDA) 1.26% 59.41% 86.83% 59.21% 88.19% 73.74%
FCF Conversion (Net income) 2.64% 73.27% 143.22% 59.95% 123.53% 77.96%
Dividend per Share - - - - - 150.0
Announcement Date 15/03/19 13/03/20 19/03/21 18/03/22 17/03/23 15/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 5,716 12,378 20,655 44,310 75,067 92,926
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 71.9 5,813 9,729 12,852 27,979 17,044
ROE (net income / shareholders' equity) 7.57% 21.4% 16.1% 35.8% 27.1% 21%
ROA (Net income/ Total Assets) 5.28% 10.1% 10.7% 17.5% 18.6% 10.1%
Assets 1 51,587 78,642 63,770 122,282 121,453 216,833
Book Value Per Share 2 1,659 2,050 2,441 3,765 4,868 5,957
Cash Flow per Share 2 442.0 556.0 656.0 1,963 2,142 2,321
Capex 1 1,852 807 511 1,248 1,004 5,103
Capex / Sales 6.83% 2.14% 1.21% 2.24% 1.36% 6.25%
Announcement Date 15/03/19 13/03/20 19/03/21 18/03/22 17/03/23 15/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA