Financials NHN KCP Corp.

Equities

A060250

KR7060250008

Internet Services

End-of-day quote Korea S.E. 23:00:00 03/07/2024 BST 5-day change 1st Jan Change
9,020 KRW +0.67% Intraday chart for NHN KCP Corp. -1.74% -12.26%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 492,436 1,603,461 1,167,904 518,129 397,490 348,770 - -
Enterprise Value (EV) 2 380.6 1,447 956.8 274.1 109.4 21.47 -32.75 -90.9
P/E ratio 19.8 x 49.8 x 34.8 x 14.8 x 11.3 x 8.59 x 7.77 x 6.73 x
Yield 1.04% - - 1.49% 1.95% 2.27% 2.57% 2.51%
Capitalization / Revenue 1.05 x 2.57 x 1.57 x 0.63 x 0.41 x 0.31 x 0.29 x 0.26 x
EV / Revenue 0.81 x 2.32 x 1.28 x 0.33 x 0.11 x 0.02 x -0.03 x -0.07 x
EV / EBITDA 9.48 x 31.5 x 19.7 x 5.58 x 2.33 x 0.4 x -0.55 x -1.31 x
EV / FCF 5.99 x 25.7 x 14.4 x 7.52 x 1.75 x 0.32 x -0.46 x -1.05 x
FCF Yield 16.7% 3.89% 6.92% 13.3% 57.3% 313% -218% -95.3%
Price to Book 3.77 x 9.7 x 6.72 x 2.71 x 1.85 x 1.41 x 1.22 x 1.06 x
Nbr of stocks (in thousands) 39,874 39,326 38,481 38,666 38,666 38,666 - -
Reference price 3 12,350 40,774 30,350 13,400 10,280 9,020 9,020 9,020
Announcement Date 07/02/20 08/02/21 09/02/22 10/02/23 13/02/24 - - -
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 1,111 1,215 1,335
EBITDA 1 40.14 45.99 48.5 49.13 46.94 53.21 59.81 69.17
EBIT 1 32.09 39.77 43.16 44.21 41.96 49.35 55.84 64.47
Operating Margin 6.83% 6.37% 5.79% 5.37% 4.32% 4.44% 4.59% 4.83%
Earnings before Tax (EBT) 1 37.85 36.18 43.94 46.4 45 56.57 61.4 75.17
Net income 1 24.9 30.01 30.42 34.92 34.77 43.01 47.47 55.67
Net margin 5.3% 4.8% 4.08% 4.24% 3.58% 3.87% 3.91% 4.17%
EPS 2 623.6 819.0 873.0 903.0 913.0 1,050 1,160 1,340
Free Cash Flow 3 63,495 56,215 66,230 36,465 62,660 67,289 71,288 86,629
FCF margin 13,512.51% 8,996.77% 8,884.9% 4,431.96% 6,446.36% 6,058.54% 5,865.15% 6,487.98%
FCF Conversion (EBITDA) 158,170.9% 122,229.18% 136,567.87% 74,214.04% 133,489.55% 126,455.34% 119,186.74% 125,241.19%
FCF Conversion (Net income) 255,049.11% 187,294.27% 217,681.64% 104,414.15% 180,190.96% 156,452.9% 150,183.38% 155,620.2%
Dividend per Share 2 127.9 - - 200.0 200.0 205.0 231.4 226.2
Announcement Date 07/02/20 08/02/21 09/02/22 10/02/23 13/02/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 201.4 191.6 199.2 209.7 222.3 226.4 234.2 243.1 268.4 268.2 268.8 277.1 294.4
EBITDA - - - - - - - - - - - - -
EBIT 1 11.66 8.527 10.48 13.17 12.03 8.967 10.95 9.645 12.39 11.16 12.32 12.63 13.73
Operating Margin 5.79% 4.45% 5.26% 6.28% 5.41% 3.96% 4.68% 3.97% 4.62% 4.16% 4.58% 4.56% 4.66%
Earnings before Tax (EBT) 1 - - 11.8 15.49 9.773 10.93 12.74 11.63 9.699 16.45 13.25 12.9 10.6
Net income 1 4.535 7.176 8.843 11.89 7.011 8.247 9.425 8.815 8.287 12.59 10.8 10 8.3
Net margin 2.25% 3.75% 4.44% 5.67% 3.15% 3.64% 4.02% 3.63% 3.09% 4.69% 4.02% 3.61% 2.82%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 09/02/22 09/05/22 09/08/22 08/11/22 10/02/23 11/05/23 10/08/23 09/11/23 13/02/24 09/05/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 112 157 211 244 288 327 382 440
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 63,495 56,215 66,230 36,465 62,660 67,289 71,288 86,629
ROE (net income / shareholders' equity) 20.5% 21.5% 19.2% 19.3% 16.7% 17.5% 16.8% 16.9%
ROA (Net income/ Total Assets) 8.41% 8.81% 7.75% 7.95% 7.13% 7.59% 7.72% 8.27%
Assets 1 296 340.7 392.7 439.5 487.9 566.4 614.8 673.1
Book Value Per Share 3 3,272 4,204 4,516 4,940 5,565 6,418 7,369 8,509
Cash Flow per Share 3 1,833 1,618 1,960 1,070 1,641 1,347 1,461 1,567
Capex 1 7.81 3.06 2.09 4.91 0.79 1.44 1.76 1.68
Capex / Sales 1.66% 0.49% 0.28% 0.6% 0.08% 0.13% 0.14% 0.13%
Announcement Date 07/02/20 08/02/21 09/02/22 10/02/23 13/02/24 - - -
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
7
Last Close Price
9,020 KRW
Average target price
15,500 KRW
Spread / Average Target
+71.84%
Consensus

Quarterly revenue - Rate of surprise

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