Financials Webzen Inc.

Equities

A069080

KR7069080000

Internet Services

End-of-day quote Korea S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
16,250 KRW -0.12% Intraday chart for Webzen Inc. +0.31% -0.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 507,220 1,059,515 865,463 449,369 481,782 479,425 -
Enterprise Value (EV) 2 311.1 889.9 548.5 191.6 481.8 90.96 33.36
P/E ratio 11.9 x 12.3 x 10.1 x 6.25 x 8.36 x 8.52 x 7.17 x
Yield - - - - - 2.23% 2.43%
Capitalization / Revenue 2.88 x 3.61 x 3.04 x 1.86 x 2.45 x 1.95 x 1.83 x
EV / Revenue 1.77 x 3.03 x 1.93 x 0.79 x 2.45 x 0.37 x 0.13 x
EV / EBITDA 5.23 x 7.83 x 5.09 x 2.18 x 8.52 x 1.29 x 0.41 x
EV / FCF 18.4 x 6.63 x 6.43 x 5.07 x - 1.56 x 0.49 x
FCF Yield 5.45% 15.1% 15.6% 19.7% - 63.9% 204%
Price to Book 1.43 x 2.45 x 1.71 x 0.8 x - 0.8 x 0.73 x
Nbr of stocks (in thousands) 31,118 30,622 29,947 29,467 29,467 29,467 -
Reference price 3 16,300 34,600 28,900 15,250 16,350 16,270 16,270
Announcement Date 2/6/20 2/3/21 2/9/22 2/16/23 2/7/24 - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 176.1 293.7 284.8 242.1 196.3 245.8 261.5
EBITDA 1 59.42 113.7 107.6 87.94 56.53 70.35 80.58
EBIT 1 51.79 108.3 103 83 49.9 62.58 72.15
Operating Margin 29.42% 36.86% 36.17% 34.28% 25.42% 25.46% 27.59%
Earnings before Tax (EBT) 1 57.05 116.1 121 105.3 71.92 82.95 96.48
Net income 1 42.6 86.26 86.86 72.39 - 68.48 79.38
Net margin 24.2% 29.37% 30.5% 29.9% - 27.86% 30.35%
EPS 2 1,369 2,802 2,862 2,441 1,955 1,910 2,269
Free Cash Flow 3 16,952 134,285 85,303 37,764 - 58,133 68,100
FCF margin 9,628.95% 45,720.63% 29,953.53% 15,595.82% - 23,655.48% 26,039.58%
FCF Conversion (EBITDA) 28,526.78% 118,080.35% 79,241.09% 42,943.35% - 82,634.45% 84,517.53%
FCF Conversion (Net income) 39,789.61% 155,681.2% 98,209.21% 52,164.88% - 84,897.16% 85,795.28%
Dividend per Share 2 - - - - - 362.5 395.0
Announcement Date 2/6/20 2/3/21 2/9/22 2/16/23 2/7/24 - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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 66.42 68.73 69.85 69.59 59.56 43.14 42.79 42.5 40.36 70.65 63.27 60.13 60.53 64.87
EBITDA - - - - - - - - - - - - - -
EBIT 1 16.34 26.15 22.29 25.63 17.42 17.67 9.744 11.85 10.05 18.27 16.37 15.07 14.7 19.03
Operating Margin 24.6% 38.05% 31.91% 36.83% 29.24% 40.96% 22.77% 27.87% 24.89% 25.86% 25.87% 25.06% 24.28% 29.34%
Earnings before Tax (EBT) 1 20.7 30.76 26.45 30.2 27.39 21.28 16.82 17.29 14.46 23.35 21.05 20.05 19.15 24
Net income 1 14.42 22.66 18.73 20.61 18.8 14.25 12.7 13.18 11.22 20.51 17.55 16.9 16.3 20.35
Net margin 21.71% 32.97% 26.82% 29.62% 31.56% 33.04% 29.68% 31.01% 27.81% 29.03% 27.74% 28.1% 26.93% 31.37%
EPS 2 - 756.0 626.0 - 638.0 - - - - - 361.0 411.0 402.0 740.0
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/5/21 2/9/22 5/9/22 8/9/22 11/4/22 2/16/23 5/11/23 8/8/23 11/8/23 2/7/24 - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - - -
Net Cash position 1 196 170 317 258 - 388 446
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 2 16,952 134,285 85,303 37,764 - 58,133 68,100
ROE (net income / shareholders' equity) 12.7% 21.8% 18.5% 13.5% 9.64% 10.3% 11%
ROA (Net income/ Total Assets) 10.5% 18% 15% 11.5% 8.53% 8.8% 9.57%
Assets 1 405.4 478.3 579 631.1 - 778.1 829.7
Book Value Per Share 3 11,428 14,129 16,894 19,104 - 20,311 22,352
Cash Flow per Share 629.0 3,430 2,904 2,302 - - -
Capex 1 2.62 1.14 2.85 1.61 - 4.85 4.7
Capex / Sales 1.49% 0.39% 1% 0.66% - 1.97% 1.8%
Announcement Date 2/6/20 2/3/21 2/9/22 2/16/23 2/7/24 - -
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
4
Last Close Price
16,270 KRW
Average target price
23,875 KRW
Spread / Average Target
+46.74%
Consensus