ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 26.4x - 29.2x | 27.8x |
| Selected Fwd EBITDA Multiple | 5.0x - 5.5x | 5.2x |
| Fair Value | ₩25,906 - ₩28,068 | ₩26,987 |
| Upside | -13.1% - -5.8% | -9.4% |
| Benchmarks | Ticker | Full Ticker |
| Studio Dragon Corporation | A253450 | KOSDAQ:A253450 |
| Com2uS Corporation | A078340 | KOSDAQ:A078340 |
| NEXON Games Co., Ltd. | A225570 | KOSDAQ:A225570 |
| SAMG Entertainment Co., Ltd. | A419530 | KOSDAQ:A419530 |
| Cube Entertainment, Inc. | A182360 | KOSDAQ:A182360 |
| Wemade Co.,Ltd. | A112040 | KOSDAQ:A112040 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| A253450 | A078340 | A225570 | A419530 | A182360 | A112040 | ||
| KOSDAQ:A253450 | KOSDAQ:A078340 | KOSDAQ:A225570 | KOSDAQ:A419530 | KOSDAQ:A182360 | KOSDAQ:A112040 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 4.5% | -27.3% | NM- | NM- | 40.6% | NM- | |
| 3Y CAGR | 6.3% | -26.0% | NM- | -1.2% | 58.3% | -36.9% | |
| Latest Twelve Months | -24.6% | 336.9% | 148.3% | 245.0% | 9.4% | 128.3% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 31.8% | 10.1% | 7.8% | 3.1% | 11.1% | -1.0% | |
| Prior Fiscal Year | 32.1% | -1.5% | 11.1% | -4.3% | 13.6% | -14.8% | |
| Latest Fiscal Year | 33.1% | 3.9% | 20.9% | 5.1% | 9.7% | 3.6% | |
| Latest Twelve Months | 33.1% | 3.9% | 20.9% | 5.1% | 9.7% | 3.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.85x | 0.84x | 2.40x | 2.27x | 0.35x | 1.16x | |
| EV / LTM EBITDA | 5.6x | 21.7x | 11.5x | 44.9x | 3.7x | 32.6x | |
| EV / LTM EBIT | 28.8x | 212.1x | 15.9x | -42.9x | 4.7x | 184.1x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 3.7x | 11.5x | 44.9x | ||||
| Historical EV / LTM EBITDA | -43.9x | -39.6x | 78.7x | ||||
| Selected EV / LTM EBITDA | 26.4x | 27.8x | 29.2x | ||||
| (x) LTM EBITDA | 25,323 | 25,323 | 25,323 | ||||
| (=) Implied Enterprise Value | 669,153 | 704,371 | 739,590 | ||||
| (-) Non-shareholder Claims * | 180,926 | 180,926 | 180,926 | ||||
| (=) Equity Value | 850,078 | 885,297 | 920,516 | ||||
| (/) Shares Outstanding | 33.7 | 33.7 | 33.7 | ||||
| Implied Value Range | 25,204.10 | 26,248.30 | 27,292.50 | ||||
| FX Rate: KRW/KRW | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 25,204.10 | 26,248.30 | 27,292.50 | 29,800.00 | |||
| Upside / (Downside) | -15.4% | -11.9% | -8.4% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | A253450 | A078340 | A225570 | A419530 | A182360 | A112040 | |
| Enterprise Value | 1,015,688 | (333,657) | 615,771 | 264,115 | 80,895 | 824,162 | |
| (+) Cash & Short Term Investments | 182,058 | 287,833 | 255,728 | 41,568 | 24,196 | 329,156 | |
| (+) Investments & Other | 156,299 | 916,289 | 3 | 4,634 | 157,834 | 458,466 | |
| (-) Debt | (1,500) | (295,055) | (80,816) | (29,312) | (31,936) | (177,847) | |
| (-) Other Liabilities | 0 | (85,386) | (25) | (1,761) | (1,822) | (402,517) | |
| (-) Preferred Stock | 0 | (40,577) | 0 | 0 | 0 | (26,332) | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 1,352,545 | 449,447 | 790,660 | 279,244 | 229,167 | 1,005,088 | |
| (/) Shares Outstanding | 30.1 | 11.4 | 64.0 | 7.9 | 13.9 | 33.7 | |
| Implied Stock Price | 45,000.00 | 39,350.00 | 12,360.00 | 35,150.00 | 16,500.00 | 29,800.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 45,000.00 | 39,350.00 | 12,360.00 | 35,150.00 | 16,500.00 | 29,800.00 | |
| Trading Currency | KRW | KRW | KRW | KRW | KRW | KRW | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |