Annonce • Mar 14
MegaMD Co., Ltd., Annual General Meeting, Mar 27, 2026 MegaMD Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:30 Tokyo Standard Time. Location: conference room, 81, banpo-daero, seocho-gu, seoul South Korea Annonce • Mar 13
MegaMD Co., Ltd. announces Annual dividend MegaMD Co., Ltd. announced Annual dividend of KRW 60.0000 per share, ex-date on March 26, 2026 and record date on March 27, 2026. New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩42.2b market cap, or US$28.9m). Buy Or Sell Opportunity • Sep 10
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to ₩2,005. The fair value is estimated to be ₩1,663, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Earnings per share has grown by 11%. New Risk • May 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩46.4b market cap, or US$33.3m). New Risk • Apr 10
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₩56.8b market cap, or US$38.9m). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩2,435, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 10x in the Consumer Services industry in South Korea. Total loss to shareholders of 33% over the past three years. New Risk • Mar 28
New major risk - Revenue and earnings growth Earnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩47.4b market cap, or US$32.3m). Annonce • Mar 14
MegaMD Co., Ltd., Annual General Meeting, Mar 28, 2025 MegaMD Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:30 Tokyo Standard Time. Location: conference room, 81, banpo-daero, seocho-gu, seoul South Korea Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩2,425, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 11x in the Consumer Services industry in South Korea. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩2,080, the stock trades at a trailing P/E ratio of 36.2x. Average trailing P/E is 11x in the Consumer Services industry in South Korea. Total loss to shareholders of 57% over the past three years. Buy Or Sell Opportunity • Aug 16
Now 28% overvalued Over the last 90 days, the stock has fallen 6.9% to ₩2,440. The fair value is estimated to be ₩1,900, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 30% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jul 08
Now 26% overvalued Over the last 90 days, the stock has fallen 13% to ₩2,155. The fair value is estimated to be ₩1,711, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 30% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Nov 27
New major risk - Revenue and earnings growth Earnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩61.4b market cap, or US$47.1m). New Risk • Nov 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₩56.1b market cap, or US$43.0m). Upcoming Dividend • Dec 21
Upcoming dividend of ₩150 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 5.0%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (3.4%). Buying Opportunity • Aug 22
Now 20% undervalued Over the last 90 days, the stock is up 16%. The fair value is estimated to be ₩4,661, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 27% share price gain to ₩4,130, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 12x in the Consumer Services industry in South Korea. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 32% share price gain to ₩3,590, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 11x in the Consumer Services industry in South Korea. Total returns to shareholders of 87% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩2,785, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 12x in the Consumer Services industry in South Korea. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩4,445, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 14x in the Consumer Services industry in South Korea. Total returns to shareholders of 99% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (2.3%). Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS ₩151 (vs ₩117 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₩20.1b (down 6.3% from 3Q 2020). Net income: ₩3.34b (up 31% from 3Q 2020). Profit margin: 17% (up from 12% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₩7,200, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 22x in the Consumer Services industry in South Korea. Total returns to shareholders of 156% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 37% share price gain to ₩5,870, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 22x in the Consumer Services industry in South Korea. Total returns to shareholders of 139% over the past three years. Is New 90 Day High Low • Jan 28
New 90-day low: ₩3,610 The company is down 5.0% from its price of ₩3,785 on 30 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 4.0% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩50.00 Per Share Will be paid on the 10th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.2% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (3.2%). Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 26% share price gain to ₩4,610, the stock is trading at a trailing P/E ratio of 36x, up from the previous P/E ratio of 28.6x. This compares to an average P/E of 18x in the Consumer Services industry in South Korea. Total returns to shareholders over the past three years are 73%.