Company Valuation: eMnet Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 90,692 1,48,604 89,162 78,366 49,112 41,468
Change - 63.86% -40% -12.11% -37.33% -15.57%
Enterprise Value (EV) 1 51,646 99,003 41,541 25,253 -13,188 -13,233
Change - 91.69% -58.04% -39.21% -152.22% -0.34%
P/E 13.1x 5.77x 13.3x 19.4x 8.56x 21.1x
PBR 1.45x 1.67x 0.98x 0.87x 0.52x 0.43x
PEG - 0x -0.2x -0.5x 0.2x -0.3x
Capitalization / Revenue 2.32x 4.22x 2.02x 2.24x 1.35x 1.29x
EV / Revenue 1.32x 2.81x 0.94x 0.72x -0.36x -0.41x
EV / EBITDA 5.85x 8.88x 3.74x 4.73x -2.22x -10.1x
EV / EBIT 7.14x 10x 4.45x 6.89x -2.77x -48.3x
EV / FCF 13.5x 36x 22.6x 7.24x -1.99x 1.59x
FCF Yield 7.41% 2.78% 4.43% 13.8% -50.1% 63%
Dividend per Share 2 50 200 90 50 60 -
Rate of return 1.2% 2.94% 2.21% 1.36% 2.61% -
EPS 2 316.9 1,179 307.2 189 268.8 91.85
Distribution rate 15.8% 17% 29.3% 26.4% 22.3% -
Net sales 1 39,017 35,239 44,211 35,018 36,311 32,260
EBITDA 1 8,834 11,149 11,102 5,337 5,931 1,315
EBIT 1 7,238 9,895 9,328 3,666 4,758 274.2
Net income 1 7,055 25,778 6,720 4,043 5,745 1,961
Net Debt 1 -39,046 -49,601 -47,621 -53,113 -62,300 -54,701
Reference price 2 4,150.00 6,800.00 4,080.00 3,670.00 2,300.00 1,942.00
Nbr of stocks (in thousands) 21,854 21,854 21,854 21,353 21,353 21,353
Announcement Date 22/03/21 22/03/22 22/03/23 20/03/24 19/03/25 05/04/26
1KRW in Million2KRW
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 2.58Cr
14.18x1.56x7.07x3.95% 2.88TCr
9.48x1.06x5.94x4.2% 2.24TCr
11.98x5.24x9.16x7.03% 1.04TCr
16.03x1.31x4.11x2.89% 590.9Cr
-57.05x1.84x7.76x0% 541.24Cr
40.92x0.69x4.14x4.16% 526.26Cr
14.98x0.5x5.06x1.6% 406.25Cr
36.68x4.77x12.99x-.--% 356.84Cr
Average 10.90x 2.12x 7.03x 2.98% 954.01Cr
Weighted average by Cap. 10.93x 1.91x 6.84x 3.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA