Annuncio • Apr 28
RedcapTour Co., Ltd. to Report Q1, 2026 Results on May 07, 2026 RedcapTour Co., Ltd. announced that they will report Q1, 2026 results on May 07, 2026 New Risk • Mar 29
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 153% Dividend yield: 21% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 Risks Interest payments are not well covered by earnings (2.9x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 153% Annuncio • Mar 17
RedcapTour Co., Ltd., Annual General Meeting, Mar 27, 2026 RedcapTour Co., Ltd., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 27, mareunnae-ro, jung-gu, seoul South Korea Annuncio • Feb 04
RedcapTour Co., Ltd. to Report Q4, 2025 Results on Feb 12, 2026 RedcapTour Co., Ltd. announced that they will report Q4, 2025 results on Feb 12, 2026 Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: ₩298 (vs ₩249 in 3Q 2024) Third quarter 2025 results: EPS: ₩298 (up from ₩249 in 3Q 2024). Revenue: ₩88.9b (up 7.0% from 3Q 2024). Net income: ₩4.98b (up 20% from 3Q 2024). Profit margin: 5.6% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: ₩447 (vs ₩373 in 2Q 2024) Second quarter 2025 results: EPS: ₩447 (up from ₩373 in 2Q 2024). Revenue: ₩94.8b (up 5.0% from 2Q 2024). Net income: ₩7.47b (up 20% from 2Q 2024). Profit margin: 7.9% (up from 6.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year. Annuncio • Jul 29
RedcapTour Co., Ltd. to Report Q2, 2025 Results on Aug 07, 2025 RedcapTour Co., Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025 Upcoming Dividend • Jul 10
Upcoming dividend of ₩300 per share Eligible shareholders must have bought the stock before 17 July 2025. Payment date: 01 August 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 18%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (4.8%). New Risk • May 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Dividend is not well covered by earnings (190% payout ratio). Annuncio • Mar 14
RedcapTour Co., Ltd., Annual General Meeting, Mar 28, 2025 RedcapTour Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 28, mareunnae-ro, jung-gu, seoul South Korea Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to ₩10,520, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Transportation industry in South Korea. Total returns to shareholders of 15% over the past three years. New Risk • Feb 14
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 9.9% 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: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). 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 (9.9% average weekly change). Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₩11,810, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 7x in the Transportation industry in South Korea. Total returns to shareholders of 14% over the past three years. Annuncio • Feb 04
RedcapTour Co., Ltd. to Report Q4, 2024 Results on Feb 13, 2025 RedcapTour Co., Ltd. announced that they will report Q4, 2024 results on Feb 13, 2025 New Risk • Dec 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩143.3b (US$99.6m) 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 Interest payments are not well covered by earnings (2.4x net interest cover). 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 (₩143.3b market cap, or US$99.6m). Board Change • Dec 09
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. 8 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Dec 08
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: ₩497 (vs ₩485 in 3Q 2023) Third quarter 2024 results: EPS: ₩497 (up from ₩485 in 3Q 2023). Revenue: ₩83.1b (down 1.1% from 3Q 2023). Net income: ₩4.16b (up 2.5% from 3Q 2023). Profit margin: 5.0% (up from 4.8% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annuncio • Jul 25
RedcapTour Co., Ltd. to Report Q2, 2024 Results on Aug 01, 2024 RedcapTour Co., Ltd. announced that they will report Q2, 2024 results on Aug 01, 2024 New Risk • Mar 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 0.4% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.9% net profit margin). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Market cap is less than US$100m (₩132.8b market cap, or US$98.4m). Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: ₩2,005 (vs ₩2,589 in FY 2022) Full year 2023 results: EPS: ₩2,005 (down from ₩2,589 in FY 2022). Revenue: ₩338.2b (up 29% from FY 2022). Net income: ₩16.6b (down 22% from FY 2022). Profit margin: 4.9% (down from 8.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Mar 19
New major risk - Revenue and earnings growth Earnings have declined by 0.6% 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 Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.1% net profit margin). Market cap is less than US$100m (₩130.0b market cap, or US$97.2m). Upcoming Dividend • Dec 20
Upcoming dividend of ₩700 per share at 5.8% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 04 April 2024. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.8%). New Risk • Nov 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.1% net profit margin). Market cap is less than US$100m (₩128.8b market cap, or US$99.6m). New Risk • Jul 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩127.8b (US$99.9m) 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 Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩127.8b market cap, or US$99.9m). Upcoming Dividend • Jun 22
Upcoming dividend of ₩200 per share at 5.4% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 02 August 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of South Korean dividend payers (3.2%). Higher than average of industry peers (2.9%). Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩372 (vs ₩878 in 1Q 2022) First quarter 2023 results: EPS: ₩372 (down from ₩878 in 1Q 2022). Revenue: ₩77.3b (up 28% from 1Q 2022). Net income: ₩3.05b (down 58% from 1Q 2022). Profit margin: 3.9% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 05 April 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.0%). 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. 8 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Jun 22
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (3.2%). Higher than average of industry peers (2.8%). 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. 8 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 15% share price gain to ₩22,500, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 18x in the Transportation industry in South Korea. Total returns to shareholders of 55% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 08 April 2022. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩18,150, the stock trades at a trailing P/E ratio of 12.2x. Average forward P/E is 13x in the Transportation industry in South Korea. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improved over the past week After last week's 19% share price gain to ₩26,550, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 18x in the Transportation industry in South Korea. Total returns to shareholders of 84% over the past three years. Is New 90 Day High Low • Feb 10
New 90-day high: ₩22,350 The company is up 2.0% from its price of ₩21,850 on 12 November 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 20% share price gain to ₩22,550, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 9x in the Transportation industry in South Korea. Total returns to shareholders over the past three years are 63%. Is New 90 Day High Low • Nov 04
New 90-day high: ₩18,800 The company is up 16% from its price of ₩16,200 on 06 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 5.0% over the same period. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 22% share price gain to ₩18,450, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.1x. This compares to an average P/E of 9x in the Transportation industry in South Korea. Total returns to shareholders over the past three years are 33%.