South Korean Media Undervalued over 20% based on DCF

HYBE

Market Cap: ₩11.6t

Engages in the music production, publishing, and artist development and management businesses.

KRAFTON

Market Cap: ₩10.6t

Engages in the software development and related ancillary businesses in Asia, Korea, the United States, Europe, and internationally.

Netmarble

Market Cap: ₩3.9t

Develops and publishes PC, mobile, and console games in South Korea and internationally.

JYP Entertainment

Market Cap: ₩2.0t

Operates as an entertainment company in South Korea and internationally.

SM Entertainment

Market Cap: ₩1.9t

Engages in music/sound production, talent management, and music/audio content publication activities in South Korea and internationally.

NHN

Market Cap: ₩1.1t

An IT company, provides gaming, payment, entertainment, IT, and advertisement solutions in South Korea and internationally.

YG Entertainment

Market Cap: ₩940.3b

Operates as an entertainment company in South Korea, Japan, and internationally.

DEAR U

Market Cap: ₩688.4b

Operates as a communication platform company in South Korea and internationally.

Webzen

Market Cap: ₩342.7b

A game company, engages in the PC, online, and mobile gaming business worldwide.

Chorokbaem Media

Market Cap: ₩105.6b

Operates as digital entertainment content producing company in primarily in Asia.

Oricom

Market Cap: ₩66.1b

Provides advertisement services.

TBC

Market Cap: ₩56.9b

Operates in the broadcasting industry in South Korea.