Valuation Update With 7 Day Price Move • 16h
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩12,050, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 17x in the Communications industry in South Korea. Total loss to shareholders of 3.7% over the past three years. New Risk • May 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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 (15% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩19,210, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 22x in the Communications industry in South Korea. Total returns to shareholders of 45% over the past three years. New Risk • Apr 01
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 13% 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 4.3% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩16,340, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 13x in the Communications industry in South Korea. Total returns to shareholders of 21% over the past three years. Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: ₩1,234 (vs ₩539 in FY 2024) Full year 2025 results: EPS: ₩1,234 (up from ₩539 in FY 2024). Revenue: ₩155.7b (up 24% from FY 2024). Net income: ₩20.4b (up 129% from FY 2024). Profit margin: 13% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩12,610, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 10x in the Communications industry in South Korea. Total loss to shareholders of 9.1% over the past three years. Annuncio • Mar 04
Ubiquoss Holdings Inc., Annual General Meeting, Mar 18, 2026 Ubiquoss Holdings Inc., Annual General Meeting, Mar 18, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 68, pangyo-ro 255beon-gil, bundang-gu, gyeonggi-do, seongnam South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩130 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (1.1%). New Risk • Nov 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩141.6b (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.1% 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. Market cap is less than US$100m (₩141.6b market cap, or US$96.6m). Declared Dividend • Nov 08
Dividend of ₩130 announced Dividend of ₩130 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 1.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Nov 07
Ubiquoss Holdings Inc. announces Annual dividend, payable on April 13, 2026 Ubiquoss Holdings Inc. announced Annual dividend of KRW 130.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Aug 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). High level of non-cash earnings (49% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • May 23
New major risk - Revenue and earnings growth Earnings have declined by 0.2% 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 0.2% 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. Profit margins are more than 30% lower than last year (5.7% net profit margin). Annuncio • Mar 12
Ubiquoss Holdings Inc., Annual General Meeting, Mar 26, 2025 Ubiquoss Holdings Inc., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 68, pangyo-ro 255beon-gil, bundang-gu, gyeonggi-do, seongnam South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩250 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 April 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.7%). New Risk • Dec 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩130.9b (US$91.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩130.9b market cap, or US$91.2m). Upcoming Dividend • Dec 20
Upcoming dividend of ₩250 per share at 2.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 11 April 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.3%). Reported Earnings • May 21
First quarter 2023 earnings released: EPS: ₩176 (vs ₩112 in 1Q 2022) First quarter 2023 results: EPS: ₩176 (up from ₩112 in 1Q 2022). Revenue: ₩36.2b (up 11% from 1Q 2022). Net income: ₩2.91b (up 57% from 1Q 2022). Profit margin: 8.0% (up from 5.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 21
Upcoming dividend of ₩350 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 12 April 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.2%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Inside Director Jang-Soo Kim was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Inside Director Jang-Soo Kim was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Dec 22
Upcoming dividend of ₩170 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 12 April 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.8%). Is New 90 Day High Low • Feb 23
New 90-day low: ₩23,300 The company is down 21% from its price of ₩29,350 on 25 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 28
New 90-day low: ₩24,700 The company is down 3.0% from its price of ₩25,450 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 Communications industry, which is up 20% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: ₩24,550 The company is down 23% from its price of ₩32,050 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 6.0% over the same period.