WEMADE CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 46,050 KRW | +0.22% |
|
+0.22% | -24.38% |
| Apr. 08 | Wemade's Night Grows MMORPG Gains More Audience; Shares Down 6% | MT |
| Mar. 22 | Wemade Announces the Launch of Fantastic Baseball | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 486,284 | 631,431 | 5,867,089 | 1,055,347 | 2,037,297 | 1,547,495 | - | - |
| Enterprise Value (EV) 2 | 417.4 | 574.7 | 5,616 | 905.8 | 2,037 | 1,291 | 1,246 | 927.4 |
| P/E ratio | -48.6 x | -86.3 x | 19.6 x | -6.9 x | -10.2 x | 12.2 x | 9.85 x | 7.23 x |
| Yield | 2.02% | 1.56% | 0.37% | - | - | 1.52% | 1.58% | - |
| Capitalization / Revenue | 4.28 x | 4.99 x | 17.5 x | 2.3 x | 3.36 x | 1.61 x | 1.45 x | 1.35 x |
| EV / Revenue | 3.67 x | 4.54 x | 16.8 x | 1.98 x | 3.36 x | 1.34 x | 1.17 x | 0.81 x |
| EV / EBITDA | -84.6 x | -60.1 x | 55.7 x | -13.7 x | -22.8 x | 9.94 x | 7.43 x | 3.81 x |
| EV / FCF | -9.54 x | -36.5 x | 61.3 x | -22.1 x | - | 5.81 x | 9.75 x | 3.77 x |
| FCF Yield | -10.5% | -2.74% | 1.63% | -4.53% | - | 17.2% | 10.3% | 26.5% |
| Price to Book | 2.05 x | 2.52 x | 9.67 x | 2.82 x | - | 4.36 x | 3 x | 1.99 x |
| Nbr of stocks (in thousands) | 32,802 | 32,802 | 32,980 | 33,450 | 33,453 | 33,605 | - | - |
| Reference price 3 | 14,825 | 19,250 | 177,900 | 31,550 | 60,900 | 46,050 | 46,050 | 46,050 |
| Announcement Date | 2/12/20 | 2/10/21 | 2/9/22 | 2/14/23 | 2/6/24 | - | - | - |
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 | 113.6 | 126.6 | 335 | 458.6 | 607.2 | 963.9 | 1,068 | 1,143 |
| EBITDA 1 | -4.935 | -9.558 | 100.9 | -66.3 | -89.47 | 130 | 167.7 | 243.6 |
| EBIT 1 | -6.922 | -12.84 | 97.35 | -80.6 | -112.6 | 73.95 | 137.2 | 161 |
| Operating Margin | -6.09% | -10.14% | 29.06% | -17.57% | -18.54% | 7.67% | 12.84% | 14.09% |
| Earnings before Tax (EBT) 1 | -7.233 | -13.49 | 391.8 | -115.8 | -162.8 | 143.3 | 196.9 | 275.8 |
| Net income 1 | -9.194 | -7.81 | 306.7 | -128.7 | - | 99.37 | 144.2 | 157.2 |
| Net margin | -8.09% | -6.17% | 91.55% | -28.07% | - | 10.31% | 13.49% | 13.76% |
| EPS 2 | -305.0 | -223.0 | 9,060 | -4,573 | -5,992 | 3,765 | 4,676 | 6,373 |
| Free Cash Flow 3 | -43,733 | -15,759 | 91,595 | -41,022 | - | 222,100 | 127,733 | 246,100 |
| FCF margin | -38,481.49% | -12,445.53% | 27,343.17% | -8,945.07% | - | 23,041.81% | 11,954.9% | 21,535.45% |
| FCF Conversion (EBITDA) | - | - | 90,777.5% | - | - | 170,911.89% | 76,167.76% | 101,005.54% |
| FCF Conversion (Net income) | - | - | 29,865.66% | - | - | 223,515.59% | 88,611.4% | 156,502.38% |
| Dividend per Share 2 | 300.0 | 300.0 | 650.0 | - | - | 700.0 | 729.0 | - |
| Announcement Date | 2/12/20 | 2/10/21 | 2/9/22 | 2/14/23 | 2/6/24 | - | - | - |
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 | 63.34 | 126.7 | 131 | 109 | 108.3 | 110.3 | 93.9 | 159.3 | 235.5 | 118.4 | 147.2 | 226.9 | 359.8 | 274.6 |
| EBITDA | - | - | - | - | - | -22.68 | -41.69 | -24.77 | 50.83 | - | - | - | - | - |
| EBIT 1 | 17.42 | 25.5 | 6.494 | -33.26 | -28.04 | -24.44 | -46.78 | -40.34 | 45.37 | -70.81 | -47.02 | -12.68 | 109.4 | 24.25 |
| Operating Margin | 27.49% | 20.13% | 4.96% | -30.52% | -25.89% | -22.15% | -49.81% | -25.33% | 19.26% | -59.78% | -31.96% | -5.59% | 30.4% | 8.83% |
| Earnings before Tax (EBT) 1 | 23.74 | 311.9 | 7.349 | -26.53 | -92.8 | -1.552 | -29.88 | -23.82 | 62.72 | -171.8 | -42.9 | -0.5 | 122.6 | 45.35 |
| Net income 1 | 16.88 | 248.2 | -3.32 | -31.62 | -93.57 | -10.07 | -30.4 | -29.08 | 41.56 | -188 | -33.63 | 6.633 | 95.3 | 30.7 |
| Net margin | 26.65% | 195.91% | -2.53% | -29.02% | -86.4% | -9.13% | -32.37% | -18.25% | 17.64% | -158.74% | -22.86% | 2.92% | 26.49% | 11.18% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/3/21 | 2/9/22 | 5/11/22 | 7/27/22 | 10/26/22 | 2/14/23 | 5/9/23 | 8/8/23 | 11/7/23 | 2/6/24 | - | - | - | - |
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 | 68.9 | 56.7 | 252 | 150 | - | 256 | 302 | 620 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 2 | -43,733 | -15,759 | 91,595 | -41,022 | - | 222,100 | 127,733 | 246,100 |
| ROE (net income / shareholders' equity) | -4.03% | -3% | 90.4% | -19.8% | - | 41% | 50% | 32.1% |
| ROA (Net income/ Total Assets) | -3.09% | -2.36% | 45.5% | -15.1% | - | 6.53% | 8.88% | 11% |
| Assets 1 | 297.4 | 330.4 | 674.6 | 852.9 | - | 1,521 | 1,624 | 1,436 |
| Book Value Per Share 3 | 7,226 | 7,645 | 18,396 | 11,190 | - | 10,563 | 15,368 | 23,136 |
| Cash Flow per Share 3 | -1,315 | -454.0 | 2,747 | -1,112 | - | 4,882 | 6,276 | 8,785 |
| Capex 1 | 16.3 | 0.87 | 1.4 | 4 | - | 12.9 | 13.3 | 20.5 |
| Capex / Sales | 14.34% | 0.69% | 0.42% | 0.87% | - | 1.34% | 1.24% | 1.79% |
| Announcement Date | 2/12/20 | 2/10/21 | 2/9/22 | 2/14/23 | 2/6/24 | - | - | - |
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
46,050
KRW
Average target price
74,250
KRW
Spread / Average Target
+61.24%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -24.38% | 1.12B | |
| +3.04% | 61.86B | |
| -3.35% | 13.24B | |
| +18.54% | 7.71B | |
| +6.47% | 6.68B | |
| -11.96% | 5.04B | |
| +13.19% | 4.37B | |
| -20.74% | 4.15B | |
| -8.26% | 3.17B | |
| +1.53% | 2.97B |
- Stock Market
- Equities
- A112040 Stock
- Financials Wemade Co.,Ltd.
