Ratings Netmarble Corporation

Equities

A251270

KR7251270005

End-of-day quote Korea S.E. Other stock markets 03:30:00 31/05/2024 am IST			5-day change	1st Jan Change
60,200 ^KRW	-.--%		-6.52%	+3.61%

13/05	South Korean Shares Slightly Slip on Tech, Bio Losses; Netmarble Loses 6% After Hitting 52 Week-High in Past Session	MT
13/05	Netmarble's Q1 Net Loss Narrows; Shares Reach 52-Week High on Friday	MT

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
The company's Refinitiv ESG score, based on a relative ranking of the company within its sector, comes out particularly poor.

Strengths

The company's profit outlook over the next few years is a strong asset.
The company's share price in relation to its net book value makes it look relatively cheap.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company does not generate enough profits, which is an alarming weak point.
The group shows a rather high level of debt in proportion to its EBITDA.
With an expected P/E ratio at 53.17 and 42.54 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The company is highly valued given the cash flows generated by its activity.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Internet Services

	1st Jan change	Capi.	ESG Refinitiv
NETMARBLE CORPORATION	+3.61%	3.57B	D+
NETEASE, INC.	-4.43%	57.38B	A-
NEXON CO., LTD.	+4.75%	14.37B	C+
KRAFTON, INC.	+29.13%	8.21B	C+
KUNLUN TECH CO., LTD.	-6.71%	5.85B	D
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	-22.81%	4.41B	C+
ZHEJIANG CENTURY HUATONG GROUP CO.,LTD	-22.29%	4.07B	C
SQUARE ENIX HOLDINGS CO., LTD.	-6.99%	3.59B	B
PLAYTIKA HOLDING CORP.	+0.23%	3.24B	C-
GIANT NETWORK GROUP CO., LTD.	-6.73%	2.72B	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes