Financials NEOWIZ

Equities

A095660

KR7095660007

Internet Services

End-of-day quote Korea S.E. 06:00:00 2024-06-02 pm EDT 5-day change 1st Jan Change
20,900 KRW +2.96% Intraday chart for NEOWIZ -3.91% -21.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 362,115 486,398 764,314 771,630 543,358 413,890 - -
Enterprise Value (EV) 2 208.3 282.9 542.9 679.9 306.2 81.89 122.7 22.89
P/E ratio 15 x 8.04 x 13.7 x 59.3 x 11.2 x 12.1 x 7.88 x 15.6 x
Yield - - - - 0.92% 1.1% 1.18% 1.15%
Capitalization / Revenue 1.42 x 1.68 x 2.93 x 2.62 x 1.49 x 1.08 x 0.92 x 1.01 x
EV / Revenue 0.82 x 0.98 x 2.08 x 2.31 x 0.84 x 0.21 x 0.27 x 0.06 x
EV / EBITDA 5.07 x 4.08 x 16.3 x 17.7 x 6.08 x 1.65 x 1.75 x 0.56 x
EV / FCF 5.88 x 3.92 x 19.6 x 16.4 x 4.82 x 1.77 x 2.29 x 0.7 x
FCF Yield 17% 25.5% 5.11% 6.09% 20.7% 56.6% 43.6% 142%
Price to Book 1.12 x 1.25 x 1.68 x 1.81 x 1.11 x 0.82 x 0.76 x 0.73 x
Nbr of stocks (in thousands) 21,364 21,666 21,172 20,883 20,389 20,389 - -
Reference price 3 16,950 22,450 36,100 36,950 26,650 20,300 20,300 20,300
Announcement Date 2/10/20 2/9/21 2/9/22 2/14/23 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 1 254.9 289.6 261.2 294.6 365.6 381.7 450.1 408.5
EBITDA 1 41.12 69.27 33.32 38.39 50.36 49.54 70.29 40.9
EBIT 1 32.57 60.34 23.15 22.61 31.73 35.99 54.81 30.53
Operating Margin 12.78% 20.83% 8.87% 7.68% 8.68% 9.43% 12.18% 7.47%
Earnings before Tax (EBT) 1 31.21 65.9 66.53 19.48 44.03 43.83 62.8 36.8
Net income 1 22.6 63.36 52.95 13.07 48.5 37.01 51.96 35
Net margin 8.87% 21.88% 20.27% 4.44% 13.26% 9.7% 11.54% 8.57%
EPS 2 1,132 2,793 2,641 623.0 2,374 1,678 2,575 1,302
Free Cash Flow 3 35,412 72,188 27,720 41,431 63,514 46,367 53,520 32,500
FCF margin 13,892.48% 24,926.3% 10,613.31% 14,064.8% 17,370.34% 12,146.14% 11,891.02% 7,955.29%
FCF Conversion (EBITDA) 86,111.37% 104,216.42% 83,198.48% 107,926.67% 126,124.52% 93,594.4% 76,144.41% 79,462.1%
FCF Conversion (Net income) 156,654.93% 113,934.99% 52,348.8% 317,063.77% 130,962.36% 125,272.99% 102,997.35% 92,857.14%
Dividend per Share 2 - - - - 245.0 222.5 240.0 232.5
Announcement Date 2/10/20 2/9/21 2/9/22 2/14/23 2/13/24 - - -
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 2025 Q1 2025 Q2
Net sales 1 69.26 76.59 70.31 74.92 72.76 68.54 70.14 117.5 109.5 97.06 89.52 95.25 103 113.9 114.9
EBITDA 1 - - - 9.873 1.916 5.435 -0.4568 - 20.16 19.05 15.6 19.6 - - -
EBIT 1 5.946 11.17 5.91 5.244 0.291 1.252 -4.893 20.25 15.12 14.84 6.95 6.575 9 12.5 12
Operating Margin 8.59% 14.58% 8.41% 7% 0.4% 1.83% -6.98% 17.24% 13.81% 15.29% 7.76% 6.9% 8.74% 10.97% 10.44%
Earnings before Tax (EBT) 1 21.29 15.24 25.1 7.923 -28.77 4.851 13.26 22.27 3.642 18.85 10.12 12.08 12.1 18 16.6
Net income 1 15.57 11.87 19.86 8.156 -26.83 3.602 22.53 18.67 3.688 17.87 8.925 7.875 4.8 14.6 13.4
Net margin 22.48% 15.5% 28.25% 10.89% -36.87% 5.26% 32.13% 15.9% 3.37% 18.41% 9.97% 8.27% 4.66% 12.82% 11.66%
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/9/22 5/12/22 8/11/22 11/10/22 2/14/23 5/11/23 8/10/23 11/9/23 2/13/24 5/10/24 - - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 154 204 221 91.7 237 332 291 391
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 35,412 72,188 27,720 41,431 63,514 46,367 53,520 32,500
ROE (net income / shareholders' equity) 7.78% 17% 12% 3.48% 10.4% 7.08% 9.1% 5.88%
ROA (Net income/ Total Assets) 6.33% 13.7% 10.8% 2.3% 7.91% 4.93% 6.7% 3.85%
Assets 1 357.4 461.5 491.4 567.4 613.5 750.3 775.6 909.1
Book Value Per Share 3 15,118 18,025 21,514 20,381 24,005 24,829 26,688 27,960
Cash Flow per Share 3 - 3,541 1,336 2,061 3,157 2,444 3,011 2,325
Capex 1 1.59 4.18 1.01 1.8 1.23 5.76 6.63 6.33
Capex / Sales 0.62% 1.44% 0.39% 0.61% 0.34% 1.51% 1.47% 1.55%
Announcement Date 2/10/20 2/9/21 2/9/22 2/14/23 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
OUTPERFORM
Number of Analysts
9
Last Close Price
20,300 KRW
Average target price
31,444 KRW
Spread / Average Target
+54.90%
Consensus

Quarterly revenue - Rate of surprise