View Valuatione-Credible 将来の成長Future 基準チェック /26e-Credible利益と収益がそれぞれ年間9%と9.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に31% 9%なると予測されています。主要情報9.0%収益成長率8.99%EPS成長率Professional Services 収益成長14.5%収益成長率9.1%将来の株主資本利益率30.95%アナリストカバレッジLow最終更新日15 May 2026今後の成長に関する最新情報Price Target Changed • Nov 16Price target decreased to ₩22,000Down from ₩25,000, the current price target is provided by 1 analyst. New target price is 27% above last closing price of ₩17,300. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₩1,243 for next year compared to ₩1,156 last year.Price Target Changed • Apr 27Price target decreased to ₩25,000Down from ₩30,000, the current price target is provided by 1 analyst. New target price is 30% above last closing price of ₩19,200. Stock is down 11% over the past year. The company is forecast to post earnings per share of ₩1,261 for next year compared to ₩1,156 last year.すべての更新を表示Recent updatesReported Earnings • Feb 25Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: ₩1,069 (down from ₩1,072 in FY 2024). Revenue: ₩50.0b (up 11% from FY 2024). Net income: ₩12.9b (flat on FY 2024). Profit margin: 26% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Professional Services industry in South Korea. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Feb 11e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2026e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:30 Tokyo Standard Time. Location: d-ballroom1, guro-gu, seoul South Korea分析記事 • Jan 02Estimating The Intrinsic Value Of e-Credible Co., Ltd. (KOSDAQ:092130)Key Insights Using the 2 Stage Free Cash Flow to Equity, e-Credible fair value estimate is ₩17,189 e-Credible's ₩16,380...分析記事 • Nov 26e-Credible's (KOSDAQ:092130) Problems Go Beyond Weak ProfitA lackluster earnings announcement from e-Credible Co., Ltd. ( KOSDAQ:092130 ) last week didn't sink the stock price...Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩800 (vs ₩786 in 2Q 2024)Second quarter 2025 results: EPS: ₩800 (up from ₩786 in 2Q 2024). Revenue: ₩22.0b (up 7.7% from 2Q 2024). Net income: ₩9.64b (up 1.8% from 2Q 2024). Profit margin: 44% (down from 46% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Professional Services industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.New Risk • Jun 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Cash payout ratio: 154% Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future.Buy Or Sell Opportunity • May 09Now 20% undervaluedOver the last 90 days, the stock has risen 16% to ₩15,050. The fair value is estimated to be ₩18,878, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 9.6% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.Reported Earnings • Feb 20Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: ₩1,072 (up from ₩975 in FY 2023). Revenue: ₩45.1b (up 9.7% from FY 2023). Net income: ₩12.9b (up 9.9% from FY 2023). Profit margin: 29% (in line with FY 2023). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Professional Services industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.お知らせ • Feb 08e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2025e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: d-ballroom1, guro-gu, seoul South Korea分析記事 • Nov 26e-Credible's (KOSDAQ:092130) Promising Earnings May Rest On Soft Foundationse-Credible Co., Ltd.'s ( KOSDAQ:092130 ) robust earnings report didn't manage to move the market for its stock. Our...Buy Or Sell Opportunity • Jul 01Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to ₩12,820. The fair value is estimated to be ₩16,040, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 4.9%. Revenue is forecast to grow by 6.8% in a year. Earnings are forecast to decline by 15% in the next year.Buy Or Sell Opportunity • Jun 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to ₩12,790. The fair value is estimated to be ₩16,068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 4.9%. Revenue is forecast to grow by 6.8% in a year. Earnings are forecast to decline by 15% in the next year.New Risk • May 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Feb 25Full year 2023 earnings released: EPS: ₩975 (vs ₩1,300 in FY 2022)Full year 2023 results: EPS: ₩975 (down from ₩1,300 in FY 2022). Revenue: ₩41.1b (down 13% from FY 2022). Net income: ₩11.7b (down 25% from FY 2022). Profit margin: 29% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Professional Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Dec 20Upcoming dividend of ₩1,040 per share at 7.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. The company is paying out more than 100% of its profits and is paying out 86% of its cash flow. Trailing yield: 7.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (4.0%).Buying Opportunity • Dec 18Now 20% undervaluedOver the last 90 days, the stock is up 1.7%. The fair value is estimated to be ₩18,228, 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. Earnings per share has declined by 4.6%. Revenue is forecast to grow by 9.8% in 2 years. Earnings is forecast to grow by 15% in the next 2 years.Buying Opportunity • Jun 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.5%. The fair value is estimated to be ₩19,561, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.9% in 2 years. Earnings is forecast to decline by 2.7% in the next 2 years.Reported Earnings • Feb 24Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₩1,300 (up from ₩1,156 in FY 2021). Revenue: ₩47.1b (up 3.1% from FY 2021). Net income: ₩15.7b (up 12% from FY 2021). Profit margin: 33% (up from 31% in FY 2021). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Professional Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.Valuation Update With 7 Day Price Move • Jan 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩16,050, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the IT industry in South Korea. Total returns to shareholders of 21% over the past three years.Upcoming Dividend • Dec 21Upcoming dividend of ₩2,720 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 25 April 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 15%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.0%).Price Target Changed • Nov 16Price target decreased to ₩22,000Down from ₩25,000, the current price target is provided by 1 analyst. New target price is 27% above last closing price of ₩17,300. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₩1,243 for next year compared to ₩1,156 last year.Price Target Changed • Apr 27Price target decreased to ₩25,000Down from ₩30,000, the current price target is provided by 1 analyst. New target price is 30% above last closing price of ₩19,200. Stock is down 11% over the past year. The company is forecast to post earnings per share of ₩1,261 for next year compared to ₩1,156 last year.Buying Opportunity • Apr 04Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be ₩24,324, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 7.9% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.Reported Earnings • Feb 27Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩1,156 (up from ₩1,084 in FY 2020). Revenue: ₩45.7b (up 6.5% from FY 2020). Net income: ₩13.9b (up 6.7% from FY 2020). Profit margin: 31% (in line with FY 2020). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 3.3%, compared to a 14% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • Dec 22Upcoming dividend of ₩700 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 15 April 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%).分析記事 • May 06Is e-Credible Co., Ltd. (KOSDAQ:092130) A Smart Pick For Income Investors?Dividend paying stocks like e-Credible Co., Ltd. ( KOSDAQ:092130 ) tend to be popular with investors, and for good...分析記事 • Apr 12Investors Shouldn't Overlook The Favourable Returns On Capital At e-Credible (KOSDAQ:092130)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...分析記事 • Mar 18e-Credible Co., Ltd. (KOSDAQ:092130) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?With its stock down 10.0% over the past three months, it is easy to disregard e-Credible (KOSDAQ:092130). But if you...分析記事 • Feb 28Calculating The Fair Value Of e-Credible Co., Ltd. (KOSDAQ:092130)Does the March share price for e-Credible Co., Ltd. ( KOSDAQ:092130 ) reflect what it's really worth? Today, we will...Is New 90 Day High Low • Feb 15New 90-day low: ₩21,600The company is down 10.0% from its price of ₩23,950 on 17 November 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 10.0% over the same period.お知らせ • Feb 11e-Credible Co., Ltd., Annual General Meeting, Mar 25, 2021e-Credible Co., Ltd., Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time.分析記事 • Feb 09e-Credible (KOSDAQ:092130) Has Gifted Shareholders With A Fantastic 183% Total Return On Their InvestmentWhen you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...分析記事 • Jan 25What Makes e-Credible Co., Ltd. (KOSDAQ:092130) A Great Dividend Stock?Today we'll take a closer look at e-Credible Co., Ltd. ( KOSDAQ:092130 ) from a dividend investor's perspective. Owning...分析記事 • Jan 10e-Credible (KOSDAQ:092130) Knows How to Allocate CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Is New 90 Day High Low • Jan 04New 90-day low: ₩23,150The company is down 2.0% from its price of ₩23,600 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period.分析記事 • Dec 24e-Credible Co., Ltd. (KOSDAQ:092130) Looks Interesting, And It's About To Pay A DividendSome investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...Upcoming Dividend • Dec 22Upcoming Dividend of ₩740 Per ShareWill be paid on the 24th of April to those who are registered shareholders by the 29th of December. The trailing yield of 3.1% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.3%).分析記事 • Dec 18Here's Why e-Credible's (KOSDAQ:092130) Statutory Earnings Are Arguably Too ConservativeStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...分析記事 • Dec 03e-Credible Co., Ltd.'s (KOSDAQ:092130) Stock Has Fared Decently: Is the Market Following Strong Financials?Most readers would already know that e-Credible's (KOSDAQ:092130) stock increased by 2.6% over the past three months...分析記事 • Nov 18Estimating The Intrinsic Value Of e-Credible Co., Ltd. (KOSDAQ:092130)How far off is e-Credible Co., Ltd. (KOSDAQ:092130) from its intrinsic value? Using the most recent financial data...業績と収益の成長予測KOSDAQ:A092130 - アナリストの将来予測と過去の財務データ ( )KRW Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202866,00016,600N/A17,700112/31/202760,90015,200N/A16,200112/31/202656,10013,800N/A14,50013/31/202651,05713,02310,38614,049N/A12/31/202550,01912,87810,88113,203N/A9/30/202548,42013,00710,34512,352N/A6/30/202547,69413,2099,38511,629N/A3/31/202546,11413,04012,47013,590N/A12/31/202445,08612,91412,91414,011N/A9/30/202443,23413,98713,57114,376N/A6/30/202442,35013,58913,30814,008N/A3/31/202440,98913,21711,42812,041N/A12/31/202341,09911,74811,56212,025N/A9/30/202341,10810,10814,49714,969N/A6/30/202342,15411,04714,04814,493N/A3/31/202344,89512,23017,67018,065N/A12/31/202247,13015,66017,29417,895N/A9/30/202246,27614,51016,38116,985N/A6/30/202246,20714,47117,99818,524N/A3/31/202245,41313,81815,00015,439N/A12/31/202145,70313,92615,92016,103N/A9/30/202144,86513,64014,03014,241N/A6/30/202144,00613,16815,72616,144N/A3/31/202143,19012,82414,56115,548N/A12/31/202042,90613,05115,82617,147N/A9/30/202043,65814,32016,52018,406N/A6/30/202043,34814,53513,54815,779N/A3/31/202042,66314,50213,66216,081N/A12/31/201940,92213,652N/A14,226N/A9/30/201940,18913,262N/A12,694N/A6/30/201939,64313,355N/A13,843N/A3/31/201937,61612,493N/A13,548N/A12/31/201837,24312,525N/A13,362N/A9/30/201836,82212,298N/A11,528N/A6/30/201836,19411,972N/A12,649N/A3/31/201834,92411,383N/A11,750N/A12/31/201734,05710,905N/A11,893N/A9/30/201734,51611,109N/A13,358N/A6/30/201733,95011,017N/A12,180N/A3/31/201732,0269,961N/A10,673N/A12/31/201631,4999,845N/A10,903N/A9/30/201630,99610,344N/A9,559N/A6/30/201630,1899,944N/A9,120N/A3/31/201627,1408,350N/A7,667N/A12/31/201525,5687,793N/A7,952N/A9/30/201523,7067,275N/A7,916N/A6/30/201522,3817,129N/A8,701N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: A092130の予測収益成長率 (年間9% ) は 貯蓄率 ( 3.1% ) を上回っています。収益対市場: A092130の収益 ( 9% ) KR市場 ( 33.1% ) よりも低い成長が予測されています。高成長収益: A092130の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: A092130の収益 ( 9.1% ) KR市場 ( 16.6% ) よりも低い成長が予測されています。高い収益成長: A092130の収益 ( 9.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: A092130の 自己資本利益率 は、3年後には高くなると予測されています ( 31 %)成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 15:25終値2026/06/10 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋e-Credible Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Hong-Sik JeongLS Securities Co., Ltd.
Price Target Changed • Nov 16Price target decreased to ₩22,000Down from ₩25,000, the current price target is provided by 1 analyst. New target price is 27% above last closing price of ₩17,300. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₩1,243 for next year compared to ₩1,156 last year.
Price Target Changed • Apr 27Price target decreased to ₩25,000Down from ₩30,000, the current price target is provided by 1 analyst. New target price is 30% above last closing price of ₩19,200. Stock is down 11% over the past year. The company is forecast to post earnings per share of ₩1,261 for next year compared to ₩1,156 last year.
Reported Earnings • Feb 25Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: ₩1,069 (down from ₩1,072 in FY 2024). Revenue: ₩50.0b (up 11% from FY 2024). Net income: ₩12.9b (flat on FY 2024). Profit margin: 26% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Professional Services industry in South Korea. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Feb 11e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2026e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:30 Tokyo Standard Time. Location: d-ballroom1, guro-gu, seoul South Korea
分析記事 • Jan 02Estimating The Intrinsic Value Of e-Credible Co., Ltd. (KOSDAQ:092130)Key Insights Using the 2 Stage Free Cash Flow to Equity, e-Credible fair value estimate is ₩17,189 e-Credible's ₩16,380...
分析記事 • Nov 26e-Credible's (KOSDAQ:092130) Problems Go Beyond Weak ProfitA lackluster earnings announcement from e-Credible Co., Ltd. ( KOSDAQ:092130 ) last week didn't sink the stock price...
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩800 (vs ₩786 in 2Q 2024)Second quarter 2025 results: EPS: ₩800 (up from ₩786 in 2Q 2024). Revenue: ₩22.0b (up 7.7% from 2Q 2024). Net income: ₩9.64b (up 1.8% from 2Q 2024). Profit margin: 44% (down from 46% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Professional Services industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
New Risk • Jun 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Cash payout ratio: 154% Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future.
Buy Or Sell Opportunity • May 09Now 20% undervaluedOver the last 90 days, the stock has risen 16% to ₩15,050. The fair value is estimated to be ₩18,878, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 9.6% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.
Reported Earnings • Feb 20Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: ₩1,072 (up from ₩975 in FY 2023). Revenue: ₩45.1b (up 9.7% from FY 2023). Net income: ₩12.9b (up 9.9% from FY 2023). Profit margin: 29% (in line with FY 2023). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Professional Services industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.
お知らせ • Feb 08e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2025e-Credible Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: d-ballroom1, guro-gu, seoul South Korea
分析記事 • Nov 26e-Credible's (KOSDAQ:092130) Promising Earnings May Rest On Soft Foundationse-Credible Co., Ltd.'s ( KOSDAQ:092130 ) robust earnings report didn't manage to move the market for its stock. Our...
Buy Or Sell Opportunity • Jul 01Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to ₩12,820. The fair value is estimated to be ₩16,040, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 4.9%. Revenue is forecast to grow by 6.8% in a year. Earnings are forecast to decline by 15% in the next year.
Buy Or Sell Opportunity • Jun 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to ₩12,790. The fair value is estimated to be ₩16,068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 4.9%. Revenue is forecast to grow by 6.8% in a year. Earnings are forecast to decline by 15% in the next year.
New Risk • May 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 6.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: ₩975 (vs ₩1,300 in FY 2022)Full year 2023 results: EPS: ₩975 (down from ₩1,300 in FY 2022). Revenue: ₩41.1b (down 13% from FY 2022). Net income: ₩11.7b (down 25% from FY 2022). Profit margin: 29% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Professional Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Dec 20Upcoming dividend of ₩1,040 per share at 7.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. The company is paying out more than 100% of its profits and is paying out 86% of its cash flow. Trailing yield: 7.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (4.0%).
Buying Opportunity • Dec 18Now 20% undervaluedOver the last 90 days, the stock is up 1.7%. The fair value is estimated to be ₩18,228, 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. Earnings per share has declined by 4.6%. Revenue is forecast to grow by 9.8% in 2 years. Earnings is forecast to grow by 15% in the next 2 years.
Buying Opportunity • Jun 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.5%. The fair value is estimated to be ₩19,561, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.9% in 2 years. Earnings is forecast to decline by 2.7% in the next 2 years.
Reported Earnings • Feb 24Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₩1,300 (up from ₩1,156 in FY 2021). Revenue: ₩47.1b (up 3.1% from FY 2021). Net income: ₩15.7b (up 12% from FY 2021). Profit margin: 33% (up from 31% in FY 2021). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Professional Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩16,050, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the IT industry in South Korea. Total returns to shareholders of 21% over the past three years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩2,720 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 25 April 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 15%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.0%).
Price Target Changed • Nov 16Price target decreased to ₩22,000Down from ₩25,000, the current price target is provided by 1 analyst. New target price is 27% above last closing price of ₩17,300. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₩1,243 for next year compared to ₩1,156 last year.
Price Target Changed • Apr 27Price target decreased to ₩25,000Down from ₩30,000, the current price target is provided by 1 analyst. New target price is 30% above last closing price of ₩19,200. Stock is down 11% over the past year. The company is forecast to post earnings per share of ₩1,261 for next year compared to ₩1,156 last year.
Buying Opportunity • Apr 04Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be ₩24,324, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 7.9% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩1,156 (up from ₩1,084 in FY 2020). Revenue: ₩45.7b (up 6.5% from FY 2020). Net income: ₩13.9b (up 6.7% from FY 2020). Profit margin: 31% (in line with FY 2020). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 3.3%, compared to a 14% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • Dec 22Upcoming dividend of ₩700 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 15 April 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%).
分析記事 • May 06Is e-Credible Co., Ltd. (KOSDAQ:092130) A Smart Pick For Income Investors?Dividend paying stocks like e-Credible Co., Ltd. ( KOSDAQ:092130 ) tend to be popular with investors, and for good...
分析記事 • Apr 12Investors Shouldn't Overlook The Favourable Returns On Capital At e-Credible (KOSDAQ:092130)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
分析記事 • Mar 18e-Credible Co., Ltd. (KOSDAQ:092130) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?With its stock down 10.0% over the past three months, it is easy to disregard e-Credible (KOSDAQ:092130). But if you...
分析記事 • Feb 28Calculating The Fair Value Of e-Credible Co., Ltd. (KOSDAQ:092130)Does the March share price for e-Credible Co., Ltd. ( KOSDAQ:092130 ) reflect what it's really worth? Today, we will...
Is New 90 Day High Low • Feb 15New 90-day low: ₩21,600The company is down 10.0% from its price of ₩23,950 on 17 November 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 10.0% over the same period.
お知らせ • Feb 11e-Credible Co., Ltd., Annual General Meeting, Mar 25, 2021e-Credible Co., Ltd., Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time.
分析記事 • Feb 09e-Credible (KOSDAQ:092130) Has Gifted Shareholders With A Fantastic 183% Total Return On Their InvestmentWhen you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
分析記事 • Jan 25What Makes e-Credible Co., Ltd. (KOSDAQ:092130) A Great Dividend Stock?Today we'll take a closer look at e-Credible Co., Ltd. ( KOSDAQ:092130 ) from a dividend investor's perspective. Owning...
分析記事 • Jan 10e-Credible (KOSDAQ:092130) Knows How to Allocate CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Is New 90 Day High Low • Jan 04New 90-day low: ₩23,150The company is down 2.0% from its price of ₩23,600 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period.
分析記事 • Dec 24e-Credible Co., Ltd. (KOSDAQ:092130) Looks Interesting, And It's About To Pay A DividendSome investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩740 Per ShareWill be paid on the 24th of April to those who are registered shareholders by the 29th of December. The trailing yield of 3.1% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.3%).
分析記事 • Dec 18Here's Why e-Credible's (KOSDAQ:092130) Statutory Earnings Are Arguably Too ConservativeStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
分析記事 • Dec 03e-Credible Co., Ltd.'s (KOSDAQ:092130) Stock Has Fared Decently: Is the Market Following Strong Financials?Most readers would already know that e-Credible's (KOSDAQ:092130) stock increased by 2.6% over the past three months...
分析記事 • Nov 18Estimating The Intrinsic Value Of e-Credible Co., Ltd. (KOSDAQ:092130)How far off is e-Credible Co., Ltd. (KOSDAQ:092130) from its intrinsic value? Using the most recent financial data...