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 Ratio 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.($)
- - - - 2.47Cr
12.65x1.38x6.21x4.42% 2.52TCr
8.55x1x5.4x4.62% 2.15TCr
12.66x5.57x9.87x6.94% 1.14TCr
13.88x - - 3.73% 451.3Cr
16.86x0.58x5.79x1.46% 444.43Cr
8.54x0.63x3.8x5.48% 394.12Cr
Average 12.19x 1.83x 6.21x 4.44% 1.02TCr
Weighted average by Cap. 11.52x 1.88x 6.40x 4.71%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

- 40% : Our Best Subscriber-Only Tools to Spot Tomorrow’s Top Investments!
d
:
:
SEIZE THE OFFER!