View ValuationSM Entertainment 将来の成長Future 基準チェック /16SM Entertainment利益と収益がそれぞれ年間10.1%と6.8%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13.1% 10.8%なると予測されています。主要情報10.1%収益成長率10.82%EPS成長率Entertainment 収益成長27.5%収益成長率6.8%将来の株主資本利益率13.07%アナリストカバレッジGood最終更新日06 Aug 2026今後の成長に関する最新情報Price Target Changed • Jun 09Price target decreased by 7.7% to ₩125,955Down from ₩136,522, the current price target is an average from 22 analysts. New target price is 72% above last closing price of ₩73,300. Stock is down 48% over the past year. The company is forecast to post earnings per share of ₩6,246 for next year compared to ₩15,166 last year.Major Estimate Revision • May 09Consensus EPS estimates increase by 112%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩1.14b to ₩1.16b. EPS estimate increased from ₩4,532 to ₩9,599 per share. Net income forecast to grow 1,130% next year vs 61% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩121,250 to ₩138,250. Share price was steady at ₩126,300 over the past week.Price Target Changed • May 09Price target increased by 14% to ₩138,250Up from ₩121,250, the current price target is an average from 20 analysts. New target price is 9.5% above last closing price of ₩126,300. Stock is up 52% over the past year. The company is forecast to post earnings per share of ₩9,599 for next year compared to ₩795 last year.Price Target Changed • Feb 11Price target increased by 8.0% to ₩105,200Up from ₩97,400, the current price target is an average from 20 analysts. New target price is 11% above last closing price of ₩95,000. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₩2,030 for next year compared to ₩3,719 last year.Major Estimate Revision • Nov 06Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩3,315 to ₩2,963 per share. Revenue forecast steady at ₩1.00b. Net income forecast to grow 61% next year vs 54% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩97,750. Share price rose 11% to ₩77,600 over the past week.Major Estimate Revision • Aug 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩4,490 to ₩4,009 per share. Revenue forecast steady at ₩1.04b. Net income forecast to grow 32% next year vs 29% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩106,250. Share price fell 3.3% to ₩68,200 over the past week.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩81,900, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total loss to shareholders of 28% over the past three years.Price Target Changed • Jun 09Price target decreased by 7.7% to ₩125,955Down from ₩136,522, the current price target is an average from 22 analysts. New target price is 72% above last closing price of ₩73,300. Stock is down 48% over the past year. The company is forecast to post earnings per share of ₩6,246 for next year compared to ₩15,166 last year.New Risk • May 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 25% 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: 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 (11% net profit margin).お知らせ • Apr 25SM Entertainment Co., Ltd. to Report Q1, 2026 Results on May 06, 2026SM Entertainment Co., Ltd. announced that they will report Q1, 2026 results on May 06, 2026New Risk • Apr 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% 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 Risks Earnings are forecast to decline by an average of 35% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Board Change • Apr 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Sunny Yi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.分析記事 • Mar 24SM Entertainment's (KOSDAQ:041510) Earnings Are Weaker Than They SeemSM Entertainment Co., Ltd. ( KOSDAQ:041510 ) announced strong profits, but the stock was stagnant. Our analysis...Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩95,900, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Entertainment industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩131,938 per share.Buy Or Sell Opportunity • Mar 04Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.6% to ₩95,900. The fair value is estimated to be ₩131,938, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to decline by 50% in the next 2 years.お知らせ • Jan 30SM Entertainment Co., Ltd. to Report Q4, 2025 Results on Feb 11, 2026SM Entertainment Co., Ltd. announced that they will report Q4, 2025 results on Feb 11, 2026分析記事 • Jan 21Calculating The Intrinsic Value Of SM Entertainment Co., Ltd. (KOSDAQ:041510)Key Insights Using the 2 Stage Free Cash Flow to Equity, SM Entertainment fair value estimate is ₩132,239 SM...Upcoming Dividend • Dec 22Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (0.6%).分析記事 • Dec 21What SM Entertainment Co., Ltd.'s (KOSDAQ:041510) P/S Is Not Telling YouWhen you see that almost half of the companies in the Entertainment industry in Korea have price-to-sales ratios (or...Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩118,400, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩121,620 per share.分析記事 • Nov 21SM Entertainment (KOSDAQ:041510) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩102,700, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩102,569 per share.Declared Dividend • Nov 08Dividend of ₩400 announcedDividend of ₩400 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 13%.お知らせ • Nov 07SM Entertainment Co., Ltd. announces Annual dividend, payable on April 24, 2026SM Entertainment Co., Ltd. announced Annual dividend of KRW 400.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.分析記事 • Oct 14SM Entertainment's (KOSDAQ:041510) Returns On Capital Are Heading HigherIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...分析記事 • Sep 22SM Entertainment Co., Ltd. (KOSDAQ:041510) Looks Inexpensive But Perhaps Not Attractive EnoughWith a price-to-earnings (or "P/E") ratio of 12.1x SM Entertainment Co., Ltd. ( KOSDAQ:041510 ) may be sending bullish...分析記事 • Sep 05SM Entertainment Co., Ltd.'s (KOSDAQ:041510) Intrinsic Value Is Potentially 23% Below Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, SM Entertainment fair value estimate is ₩104,935 SM...New Risk • Sep 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 26% 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 Earnings are forecast to decline by an average of 26% per year for the foreseeable future. High level of non-cash earnings (34% accrual ratio).分析記事 • Jun 30Is SM Entertainment (KOSDAQ:041510) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% 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 Earnings are forecast to decline by an average of 23% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio).New Risk • May 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% 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 Earnings are forecast to decline by an average of 23% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio).分析記事 • May 18Are SM Entertainment Co., Ltd. (KOSDAQ:041510) Investors Paying Above The Intrinsic Value?Key Insights The projected fair value for SM Entertainment is ₩94,809 based on 2 Stage Free Cash Flow to Equity SM...Buy Or Sell Opportunity • May 09Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to ₩126,300. The fair value is estimated to be ₩102,145, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 44%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 27% per annum over the same time period.Major Estimate Revision • May 09Consensus EPS estimates increase by 112%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩1.14b to ₩1.16b. EPS estimate increased from ₩4,532 to ₩9,599 per share. Net income forecast to grow 1,130% next year vs 61% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩121,250 to ₩138,250. Share price was steady at ₩126,300 over the past week.Price Target Changed • May 09Price target increased by 14% to ₩138,250Up from ₩121,250, the current price target is an average from 20 analysts. New target price is 9.5% above last closing price of ₩126,300. Stock is up 52% over the past year. The company is forecast to post earnings per share of ₩9,599 for next year compared to ₩795 last year.分析記事 • Apr 21Investors Will Want SM Entertainment's (KOSDAQ:041510) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...お知らせ • Mar 25SM Entertainment Co., Ltd. (KOSDAQ:A041510) completed the acquisition of 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900).SM Entertainment Co., Ltd. (KOSDAQ:A041510) agreed to acquire 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900) for KRW 95.6 billion on February 21, 2025. A cash consideration of KRW 95.57 billion will be paid by SM Entertainment Co., Ltd. As part of consideration, KRW 95.57 billion is paid towards common equity of DEAR U Co., LTD. SM Entertainment Co., Ltd. (KOSDAQ:A041510) completed the acquisition of 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900) on March 24, 2025.分析記事 • Mar 24Investors Can Find Comfort In SM Entertainment's (KOSDAQ:041510) Earnings QualityThe market was pleased with the recent earnings report from SM Entertainment Co., Ltd. ( KOSDAQ:041510 ), despite the...Reported Earnings • Mar 22Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₩795 (down from ₩3,719 in FY 2023). Revenue: ₩989.7b (up 3.0% from FY 2023). Net income: ₩18.3b (down 79% from FY 2023). Profit margin: 1.9% (down from 9.1% in FY 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 62%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Feb 28SM Entertainment Co., Ltd., Annual General Meeting, Mar 25, 2025SM Entertainment Co., Ltd., Annual General Meeting, Mar 25, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 83-21, wangsimni-ro, seongdong-gu, seoul South KoreaPrice Target Changed • Feb 11Price target increased by 8.0% to ₩105,200Up from ₩97,400, the current price target is an average from 20 analysts. New target price is 11% above last closing price of ₩95,000. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₩2,030 for next year compared to ₩3,719 last year.分析記事 • Feb 06SM Entertainment Co., Ltd.'s (KOSDAQ:041510) Shares Climb 25% But Its Business Is Yet to Catch UpSM Entertainment Co., Ltd. ( KOSDAQ:041510 ) shares have had a really impressive month, gaining 25% after a shaky...分析記事 • Jan 19Is SM Entertainment (KOSDAQ:041510) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buy Or Sell Opportunity • Jan 02Now 24% undervaluedOver the last 90 days, the stock has risen 5.9% to ₩71,500. The fair value is estimated to be ₩93,515, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Dec 20Upcoming dividend of ₩1,200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit and its cash payout ratio is 86%. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩80,700, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩84,539 per share.分析記事 • Nov 18There's Been No Shortage Of Growth Recently For SM Entertainment's (KOSDAQ:041510) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...Major Estimate Revision • Nov 06Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩3,315 to ₩2,963 per share. Revenue forecast steady at ₩1.00b. Net income forecast to grow 61% next year vs 54% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩97,750. Share price rose 11% to ₩77,600 over the past week.分析記事 • Oct 23Investors Appear Satisfied With SM Entertainment Co., Ltd.'s (KOSDAQ:041510) ProspectsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 11x, you may consider SM...Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩67,800, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total loss to shareholders of 1.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩79,699 per share.Buy Or Sell Opportunity • Sep 04Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to ₩57,300. The fair value is estimated to be ₩76,704, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 119% in the next 2 years.分析記事 • Aug 29A Look At The Fair Value Of SM Entertainment Co., Ltd. (KOSDAQ:041510)Key Insights The projected fair value for SM Entertainment is ₩77,437 based on 2 Stage Free Cash Flow to Equity With...Major Estimate Revision • Aug 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩4,490 to ₩4,009 per share. Revenue forecast steady at ₩1.04b. Net income forecast to grow 32% next year vs 29% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩106,250. Share price fell 3.3% to ₩68,200 over the past week.分析記事 • Jul 30There's Been No Shortage Of Growth Recently For SM Entertainment's (KOSDAQ:041510) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Jul 16What Does SM Entertainment Co., Ltd.'s (KOSDAQ:041510) Share Price Indicate?SM Entertainment Co., Ltd. ( KOSDAQ:041510 ), is not the largest company out there, but it received a lot of attention...分析記事 • Jul 02Market Participants Recognise SM Entertainment Co., Ltd.'s (KOSDAQ:041510) EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 12x, you may consider SM...New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.6% 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 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 (7.6% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩95,800, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩170,812 per share.分析記事 • May 21Is Now The Time To Put SM Entertainment (KOSDAQ:041510) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Major Estimate Revision • May 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩5,297 to ₩4,732 per share. Revenue forecast steady at ₩1.06b. Net income forecast to grow 30% next year vs 28% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩115,750. Share price fell 3.0% to ₩83,200 over the past week.分析記事 • May 02SM Entertainment (KOSDAQ:041510) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩86,400, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 194% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩132,129 per share.分析記事 • Apr 20Returns At SM Entertainment (KOSDAQ:041510) Are On The Way UpIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Apr 07Is Now The Time To Look At Buying SM Entertainment Co., Ltd. (KOSDAQ:041510)?SM Entertainment Co., Ltd. ( KOSDAQ:041510 ), is not the largest company out there, but it saw a double-digit share...Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩87,100, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Entertainment industry in South Korea. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩124,043 per share.分析記事 • Mar 26SM Entertainment's (KOSDAQ:041510) Earnings Offer More Than Meets The EyeThe market seemed underwhelmed by last week's earnings announcement from SM Entertainment Co., Ltd. ( KOSDAQ:041510...Reported Earnings • Mar 23Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₩3,719 (up from ₩3,390 in FY 2022). Revenue: ₩961.1b (up 13% from FY 2022). Net income: ₩87.3b (up 9.1% from FY 2022). Profit margin: 9.1% (down from 9.4% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Price Target Changed • Feb 10Price target decreased by 12% to ₩124,111Down from ₩141,333, the current price target is an average from 18 analysts. New target price is 70% above last closing price of ₩73,000. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₩6,321 for next year compared to ₩3,390 last year.Buy Or Sell Opportunity • Jan 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to ₩80,900. The fair value is estimated to be ₩101,939, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩80,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Entertainment industry in South Korea. Total returns to shareholders of 172% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩102,496 per share.Buying Opportunity • Jan 16Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be ₩102,496, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.Price Target Changed • Jan 15Price target decreased by 7.5% to ₩143,667Down from ₩155,375, the current price target is an average from 18 analysts. New target price is 68% above last closing price of ₩85,500. Stock is up 15% over the past year. The company is forecast to post earnings per share of ₩6,534 for next year compared to ₩3,390 last year.Upcoming Dividend • Dec 20Upcoming dividend of ₩1,200 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.7%).Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩3,554 (vs ₩1,085 in 3Q 2022)Third quarter 2023 results: EPS: ₩3,554 (up from ₩1,085 in 3Q 2022). Revenue: ₩266.3b (up 12% from 3Q 2022). Net income: ₩83.3b (up 225% from 3Q 2022). Profit margin: 31% (up from 11% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 13Consensus EPS estimates increase by 25%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩1.06b to ₩971.4m. EPS estimate rose from ₩4,977 to ₩6,200. Net income forecast to grow 86% next year vs 53% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩160,786. Share price fell 14% to ₩95,800 over the past week.Price Target Changed • Aug 05Price target increased by 8.9% to ₩148,000Up from ₩135,875, the current price target is an average from 17 analysts. New target price is 7.5% above last closing price of ₩137,700. Stock is up 89% over the past year. The company is forecast to post earnings per share of ₩5,045 for next year compared to ₩3,390 last year.Major Estimate Revision • Aug 04Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩1.02b to ₩1.09b. EPS estimate increased from ₩4,585 to ₩5,044 per share. Net income forecast to grow 70% next year vs 41% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩135,875 to ₩144,765. Share price rose 7.6% to ₩137,700 over the past week.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩117,600, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Entertainment industry in South Korea. Total returns to shareholders of 406% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩77,504 per share.Reported Earnings • May 20First quarter 2023 earnings released: EPS: ₩905 (vs ₩1,175 in 1Q 2022)First quarter 2023 results: EPS: ₩905 (down from ₩1,175 in 1Q 2022). Revenue: ₩203.9b (up 20% from 1Q 2022). Net income: ₩21.3b (down 23% from 1Q 2022). Profit margin: 11% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₩3,390 (down from ₩5,750 in FY 2021). Revenue: ₩850.8b (up 21% from FY 2021). Net income: ₩80.0b (down 40% from FY 2021). Profit margin: 9.4% (down from 19% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.5%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 16Price target increased by 7.7% to ₩117,765Up from ₩109,313, the current price target is an average from 17 analysts. New target price is 5.5% above last closing price of ₩111,600. Stock is up 49% over the past year. The company is forecast to post earnings per share of ₩3,586 for next year compared to ₩5,750 last year.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩149,700, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 25x in the Entertainment industry in South Korea. Total returns to shareholders of 474% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩75,743 per share.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩114,700, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Entertainment industry in South Korea. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩68,239 per share.お知らせ • Feb 09+ 1 more updateSM Entertainment Co., Ltd. announced that it expects to receive KRW 111.93 billion in funding from Kakao Corp.SM Entertainment Co., Ltd. announced a private placement to issue 1,230,000 common shares at an issue price of KRW 91,000 for gross proceeds of KRW 111,930,000,000 on February 7, 2023. The transaction included participation from new investor, Kakao Corp. The transaction has been approved by the board of directors of the company. The company is expected to close the transaction on March 6, 2023.Upcoming Dividend • Dec 21Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 19 April 2023. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.2%).お知らせ • Dec 08An unknown buyer agreed to acquire unknown stake in S.M. Entertainment Japan, Co., Ltd. from SM Entertainment Co., Ltd. (KOSDAQ:A041510).An unknown buyer agreed to acquire unknown stake in S.M. Entertainment Japan, Co., Ltd. from SM Entertainment Co., Ltd. (KOSDAQ:A041510) for ¥192 million on December 6, 2022. SM Entertainment Co., Ltd. will sell 1.6 million of shares it holds in S.M entertainment at ¥120 per share.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent 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: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩77,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Entertainment industry in South Korea. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩114,439 per share.Major Estimate Revision • Aug 18Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩834.8m to ₩845.2m. EPS estimate increased from ₩3,032 to ₩3,479 per share. Net income forecast to shrink 45% next year vs 4.5% growth forecast for Entertainment industry in South Korea . Consensus price target of ₩98,182 unchanged from last update. Share price fell 6.3% to ₩70,300 over the past week.Buying Opportunity • Jun 22Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be ₩86,178, 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. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to decline by 47% in the next 2 years.Buying Opportunity • Jun 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₩84,787, 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. Revenue is forecast to grow by 41% in 2 years. Earnings is forecast to decline by 47% in the next 2 years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩71,400, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Entertainment industry in South Korea. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩84,796 per share.Major Estimate Revision • May 18Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩841.0m to ₩851.0m. EPS estimate increased from ₩2,548 to ₩3,017 per share. Net income forecast to shrink 44% next year vs 38% growth forecast for Entertainment industry in South Korea . Consensus price target broadly unchanged at ₩97,545. Share price rose 16% to ₩71,400 over the past week.お知らせ • May 12SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces an Equity Buyback for KRW 10,000 million worth of its shares.SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Shinhan Investment Corp. The purpose of the program is to boost stock prices and improve shareholder profits. The program will expire on May 9, 2023. As of May 8, 2022, the company had 160,185 shares in treasury within the scope available for dividend and had 0 share in treasury through other repurchases.Price Target Changed • Apr 27Price target increased to ₩97,273Up from ₩68,615, the current price target is an average from 12 analysts. New target price is 42% above last closing price of ₩68,600. Stock is up 126% over the past year. The company is forecast to post earnings per share of ₩2,548 for next year compared to ₩5,750 last year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent 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: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Oct 13Price target increased to ₩74,583Up from ₩68,615, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of ₩74,800. Stock is up 119% over the past year.Price Target Changed • Aug 18Price target increased to ₩63,500Up from ₩53,929, the current price target is an average from 15 analysts. New target price is 6.6% below last closing price of ₩68,000. Stock is up 81% over the past year.Price Target Changed • Jul 15Price target increased to ₩51,786Up from ₩47,000, the current price target is an average from 14 analysts. New target price is 21% below last closing price of ₩65,400. Stock is up 104% over the past year.Price Target Changed • Jun 30Price target increased to ₩48,231Up from ₩44,077, the current price target is an average from 14 analysts. New target price is 18% below last closing price of ₩58,800. Stock is up 121% over the past year.Price Target Changed • Jun 02Price target increased to ₩42,615Up from ₩38,636, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₩44,400. Stock is up 65% over the past year.お知らせ • May 12SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces an Equity Buyback for KRW 10,000 million worth of its shares.SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Securities Co., Ltd. The purpose of the program is to boost stock prices and improve shareholder profits. The program will expire on May 10, 2022. As of May 10, 2021, the company had 344,685 shares in treasury within the scope available for dividend and had 0 share in treasury through other repurchases.分析記事 • May 03Returns On Capital At SM Entertainment (KOSDAQ:041510) Paint A Concerning PictureDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Reported Earnings • Mar 26Full year 2020 earnings released: ₩3,002 loss per share (vs ₩391 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₩579.9b (down 12% from FY 2019). Net loss: ₩70.2b (loss widened ₩61.1b from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.分析記事 • Mar 08Is There An Opportunity With SM Entertainment Co., Ltd.'s (KOSDAQ:041510) 43% Undervaluation?How far off is SM Entertainment Co., Ltd. ( KOSDAQ:041510 ) from its intrinsic value? Using the most recent financial...業績と収益の成長予測KOSDAQ:A041510 - 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12/31/20281,470,009170,260214,510225,8461712/31/20271,360,091152,469194,367216,8562112/31/20261,264,612132,119169,718186,293213/31/20261,222,609131,475140,612179,855N/A12/31/20251,174,935347,213153,651194,861N/A9/30/20251,129,491309,969175,985213,800N/A6/30/20251,050,123276,51570,860118,682N/A3/31/20251,001,090254,49197,363150,039N/A12/31/2024989,72518,31084,697135,676N/A9/30/2024967,230-17,12431,95480,243N/A6/30/2024991,31559,86163,065116,187N/A3/31/2024977,22478,00842,44288,607N/A12/31/2023961,07087,29762,140112,995N/A9/30/2023968,785132,19385,010150,372N/A6/30/2023940,58674,538101,342155,402N/A3/31/2023885,23773,74789,282141,196N/A12/31/2022850,76979,98965,363114,937N/A9/30/2022808,905109,81081,280114,247N/A6/30/2022714,78499,14752,49893,732N/A3/31/2022716,760150,89463,288112,520N/A12/31/2021701,563133,54078,887122,558N/A9/30/2021668,85351,06141,52084,982N/A6/30/2021639,88014,50749,25395,514N/A3/31/2021589,373-59,50162,410100,723N/A12/31/2020579,876-70,1564,84345,399N/A9/30/2020589,580-36,58037,68777,089N/A6/30/2020648,040-6,65838,96874,834N/A3/31/2020671,776-8,53615,59357,512N/A12/31/2019657,826-9,101N/A91,947N/A9/30/2019672,40815,817N/A113,257N/A6/30/2019667,61413,864N/A98,310N/A3/31/2019632,40118,449N/A100,413N/A12/31/2018612,22730,596N/A120,004N/A9/30/2018546,66511,989N/A110,558N/A6/30/2018464,65523,157N/A103,604N/A3/31/2018407,93122,301N/A87,063N/A12/31/2017365,3874,328N/A77,473N/A9/30/2017300,8658,227N/A22,364N/A6/30/2017318,309-1,431N/A39,402N/A3/31/2017327,499-6,853N/A15,254N/A12/31/2016349,8705,233N/A21,151N/A9/30/2016357,73612,752N/A30,795N/A6/30/2016348,00117,860N/A36,532N/A3/31/2016347,24226,065N/A59,867N/A12/31/2015322,23423,972N/A66,056N/A9/30/2015315,21527,570N/A68,187N/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: A041510の予測収益成長率 (年間10.1% ) は 貯蓄率 ( 3.3% ) を上回っています。収益対市場: A041510の収益 ( 10.1% ) KR市場 ( 27.5% ) よりも低い成長が予測されています。高成長収益: A041510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: A041510の収益 ( 6.8% ) KR市場 ( 14.2% ) よりも低い成長が予測されています。高い収益成長: A041510の収益 ( 6.8% ) 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: A041510の 自己資本利益率 は、3年後には低くなると予測されています ( 13.1 %)。成長企業の発掘7D1Y7D1Y7D1YMedia 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2026/08/07 04:24終値2026/08/07 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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SM Entertainment Co., Ltd. 21 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。37 アナリスト機関Sun Jung LeeBofA Global ResearchJi Woo OhCGS InternationalIncheol YuCitigroup Inc34 その他のアナリストを表示
Price Target Changed • Jun 09Price target decreased by 7.7% to ₩125,955Down from ₩136,522, the current price target is an average from 22 analysts. New target price is 72% above last closing price of ₩73,300. Stock is down 48% over the past year. The company is forecast to post earnings per share of ₩6,246 for next year compared to ₩15,166 last year.
Major Estimate Revision • May 09Consensus EPS estimates increase by 112%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩1.14b to ₩1.16b. EPS estimate increased from ₩4,532 to ₩9,599 per share. Net income forecast to grow 1,130% next year vs 61% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩121,250 to ₩138,250. Share price was steady at ₩126,300 over the past week.
Price Target Changed • May 09Price target increased by 14% to ₩138,250Up from ₩121,250, the current price target is an average from 20 analysts. New target price is 9.5% above last closing price of ₩126,300. Stock is up 52% over the past year. The company is forecast to post earnings per share of ₩9,599 for next year compared to ₩795 last year.
Price Target Changed • Feb 11Price target increased by 8.0% to ₩105,200Up from ₩97,400, the current price target is an average from 20 analysts. New target price is 11% above last closing price of ₩95,000. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₩2,030 for next year compared to ₩3,719 last year.
Major Estimate Revision • Nov 06Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩3,315 to ₩2,963 per share. Revenue forecast steady at ₩1.00b. Net income forecast to grow 61% next year vs 54% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩97,750. Share price rose 11% to ₩77,600 over the past week.
Major Estimate Revision • Aug 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩4,490 to ₩4,009 per share. Revenue forecast steady at ₩1.04b. Net income forecast to grow 32% next year vs 29% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩106,250. Share price fell 3.3% to ₩68,200 over the past week.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩81,900, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total loss to shareholders of 28% over the past three years.
Price Target Changed • Jun 09Price target decreased by 7.7% to ₩125,955Down from ₩136,522, the current price target is an average from 22 analysts. New target price is 72% above last closing price of ₩73,300. Stock is down 48% over the past year. The company is forecast to post earnings per share of ₩6,246 for next year compared to ₩15,166 last year.
New Risk • May 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 25% 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: 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 (11% net profit margin).
お知らせ • Apr 25SM Entertainment Co., Ltd. to Report Q1, 2026 Results on May 06, 2026SM Entertainment Co., Ltd. announced that they will report Q1, 2026 results on May 06, 2026
New Risk • Apr 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% 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 Risks Earnings are forecast to decline by an average of 35% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Board Change • Apr 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Sunny Yi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
分析記事 • Mar 24SM Entertainment's (KOSDAQ:041510) Earnings Are Weaker Than They SeemSM Entertainment Co., Ltd. ( KOSDAQ:041510 ) announced strong profits, but the stock was stagnant. Our analysis...
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩95,900, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Entertainment industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩131,938 per share.
Buy Or Sell Opportunity • Mar 04Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.6% to ₩95,900. The fair value is estimated to be ₩131,938, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to decline by 50% in the next 2 years.
お知らせ • Jan 30SM Entertainment Co., Ltd. to Report Q4, 2025 Results on Feb 11, 2026SM Entertainment Co., Ltd. announced that they will report Q4, 2025 results on Feb 11, 2026
分析記事 • Jan 21Calculating The Intrinsic Value Of SM Entertainment Co., Ltd. (KOSDAQ:041510)Key Insights Using the 2 Stage Free Cash Flow to Equity, SM Entertainment fair value estimate is ₩132,239 SM...
Upcoming Dividend • Dec 22Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (0.6%).
分析記事 • Dec 21What SM Entertainment Co., Ltd.'s (KOSDAQ:041510) P/S Is Not Telling YouWhen you see that almost half of the companies in the Entertainment industry in Korea have price-to-sales ratios (or...
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩118,400, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩121,620 per share.
分析記事 • Nov 21SM Entertainment (KOSDAQ:041510) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩102,700, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩102,569 per share.
Declared Dividend • Nov 08Dividend of ₩400 announcedDividend of ₩400 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 13%.
お知らせ • Nov 07SM Entertainment Co., Ltd. announces Annual dividend, payable on April 24, 2026SM Entertainment Co., Ltd. announced Annual dividend of KRW 400.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
分析記事 • Oct 14SM Entertainment's (KOSDAQ:041510) Returns On Capital Are Heading HigherIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
分析記事 • Sep 22SM Entertainment Co., Ltd. (KOSDAQ:041510) Looks Inexpensive But Perhaps Not Attractive EnoughWith a price-to-earnings (or "P/E") ratio of 12.1x SM Entertainment Co., Ltd. ( KOSDAQ:041510 ) may be sending bullish...
分析記事 • Sep 05SM Entertainment Co., Ltd.'s (KOSDAQ:041510) Intrinsic Value Is Potentially 23% Below Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, SM Entertainment fair value estimate is ₩104,935 SM...
New Risk • Sep 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 26% 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 Earnings are forecast to decline by an average of 26% per year for the foreseeable future. High level of non-cash earnings (34% accrual ratio).
分析記事 • Jun 30Is SM Entertainment (KOSDAQ:041510) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% 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 Earnings are forecast to decline by an average of 23% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio).
New Risk • May 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% 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 Earnings are forecast to decline by an average of 23% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio).
分析記事 • May 18Are SM Entertainment Co., Ltd. (KOSDAQ:041510) Investors Paying Above The Intrinsic Value?Key Insights The projected fair value for SM Entertainment is ₩94,809 based on 2 Stage Free Cash Flow to Equity SM...
Buy Or Sell Opportunity • May 09Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to ₩126,300. The fair value is estimated to be ₩102,145, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 44%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 27% per annum over the same time period.
Major Estimate Revision • May 09Consensus EPS estimates increase by 112%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩1.14b to ₩1.16b. EPS estimate increased from ₩4,532 to ₩9,599 per share. Net income forecast to grow 1,130% next year vs 61% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩121,250 to ₩138,250. Share price was steady at ₩126,300 over the past week.
Price Target Changed • May 09Price target increased by 14% to ₩138,250Up from ₩121,250, the current price target is an average from 20 analysts. New target price is 9.5% above last closing price of ₩126,300. Stock is up 52% over the past year. The company is forecast to post earnings per share of ₩9,599 for next year compared to ₩795 last year.
分析記事 • Apr 21Investors Will Want SM Entertainment's (KOSDAQ:041510) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
お知らせ • Mar 25SM Entertainment Co., Ltd. (KOSDAQ:A041510) completed the acquisition of 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900).SM Entertainment Co., Ltd. (KOSDAQ:A041510) agreed to acquire 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900) for KRW 95.6 billion on February 21, 2025. A cash consideration of KRW 95.57 billion will be paid by SM Entertainment Co., Ltd. As part of consideration, KRW 95.57 billion is paid towards common equity of DEAR U Co., LTD. SM Entertainment Co., Ltd. (KOSDAQ:A041510) completed the acquisition of 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900) on March 24, 2025.
分析記事 • Mar 24Investors Can Find Comfort In SM Entertainment's (KOSDAQ:041510) Earnings QualityThe market was pleased with the recent earnings report from SM Entertainment Co., Ltd. ( KOSDAQ:041510 ), despite the...
Reported Earnings • Mar 22Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₩795 (down from ₩3,719 in FY 2023). Revenue: ₩989.7b (up 3.0% from FY 2023). Net income: ₩18.3b (down 79% from FY 2023). Profit margin: 1.9% (down from 9.1% in FY 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 62%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Feb 28SM Entertainment Co., Ltd., Annual General Meeting, Mar 25, 2025SM Entertainment Co., Ltd., Annual General Meeting, Mar 25, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 83-21, wangsimni-ro, seongdong-gu, seoul South Korea
Price Target Changed • Feb 11Price target increased by 8.0% to ₩105,200Up from ₩97,400, the current price target is an average from 20 analysts. New target price is 11% above last closing price of ₩95,000. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₩2,030 for next year compared to ₩3,719 last year.
分析記事 • Feb 06SM Entertainment Co., Ltd.'s (KOSDAQ:041510) Shares Climb 25% But Its Business Is Yet to Catch UpSM Entertainment Co., Ltd. ( KOSDAQ:041510 ) shares have had a really impressive month, gaining 25% after a shaky...
分析記事 • Jan 19Is SM Entertainment (KOSDAQ:041510) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buy Or Sell Opportunity • Jan 02Now 24% undervaluedOver the last 90 days, the stock has risen 5.9% to ₩71,500. The fair value is estimated to be ₩93,515, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Dec 20Upcoming dividend of ₩1,200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit and its cash payout ratio is 86%. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩80,700, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩84,539 per share.
分析記事 • Nov 18There's Been No Shortage Of Growth Recently For SM Entertainment's (KOSDAQ:041510) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Major Estimate Revision • Nov 06Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩3,315 to ₩2,963 per share. Revenue forecast steady at ₩1.00b. Net income forecast to grow 61% next year vs 54% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩97,750. Share price rose 11% to ₩77,600 over the past week.
分析記事 • Oct 23Investors Appear Satisfied With SM Entertainment Co., Ltd.'s (KOSDAQ:041510) ProspectsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 11x, you may consider SM...
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩67,800, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total loss to shareholders of 1.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩79,699 per share.
Buy Or Sell Opportunity • Sep 04Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to ₩57,300. The fair value is estimated to be ₩76,704, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 119% in the next 2 years.
分析記事 • Aug 29A Look At The Fair Value Of SM Entertainment Co., Ltd. (KOSDAQ:041510)Key Insights The projected fair value for SM Entertainment is ₩77,437 based on 2 Stage Free Cash Flow to Equity With...
Major Estimate Revision • Aug 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩4,490 to ₩4,009 per share. Revenue forecast steady at ₩1.04b. Net income forecast to grow 32% next year vs 29% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩106,250. Share price fell 3.3% to ₩68,200 over the past week.
分析記事 • Jul 30There's Been No Shortage Of Growth Recently For SM Entertainment's (KOSDAQ:041510) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Jul 16What Does SM Entertainment Co., Ltd.'s (KOSDAQ:041510) Share Price Indicate?SM Entertainment Co., Ltd. ( KOSDAQ:041510 ), is not the largest company out there, but it received a lot of attention...
分析記事 • Jul 02Market Participants Recognise SM Entertainment Co., Ltd.'s (KOSDAQ:041510) EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 12x, you may consider SM...
New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.6% 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 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 (7.6% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩95,800, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩170,812 per share.
分析記事 • May 21Is Now The Time To Put SM Entertainment (KOSDAQ:041510) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Major Estimate Revision • May 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩5,297 to ₩4,732 per share. Revenue forecast steady at ₩1.06b. Net income forecast to grow 30% next year vs 28% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩115,750. Share price fell 3.0% to ₩83,200 over the past week.
分析記事 • May 02SM Entertainment (KOSDAQ:041510) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩86,400, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 194% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩132,129 per share.
分析記事 • Apr 20Returns At SM Entertainment (KOSDAQ:041510) Are On The Way UpIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Apr 07Is Now The Time To Look At Buying SM Entertainment Co., Ltd. (KOSDAQ:041510)?SM Entertainment Co., Ltd. ( KOSDAQ:041510 ), is not the largest company out there, but it saw a double-digit share...
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩87,100, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Entertainment industry in South Korea. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩124,043 per share.
分析記事 • Mar 26SM Entertainment's (KOSDAQ:041510) Earnings Offer More Than Meets The EyeThe market seemed underwhelmed by last week's earnings announcement from SM Entertainment Co., Ltd. ( KOSDAQ:041510...
Reported Earnings • Mar 23Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₩3,719 (up from ₩3,390 in FY 2022). Revenue: ₩961.1b (up 13% from FY 2022). Net income: ₩87.3b (up 9.1% from FY 2022). Profit margin: 9.1% (down from 9.4% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Feb 10Price target decreased by 12% to ₩124,111Down from ₩141,333, the current price target is an average from 18 analysts. New target price is 70% above last closing price of ₩73,000. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₩6,321 for next year compared to ₩3,390 last year.
Buy Or Sell Opportunity • Jan 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to ₩80,900. The fair value is estimated to be ₩101,939, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩80,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Entertainment industry in South Korea. Total returns to shareholders of 172% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩102,496 per share.
Buying Opportunity • Jan 16Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be ₩102,496, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period.
Price Target Changed • Jan 15Price target decreased by 7.5% to ₩143,667Down from ₩155,375, the current price target is an average from 18 analysts. New target price is 68% above last closing price of ₩85,500. Stock is up 15% over the past year. The company is forecast to post earnings per share of ₩6,534 for next year compared to ₩3,390 last year.
Upcoming Dividend • Dec 20Upcoming dividend of ₩1,200 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.7%).
Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩3,554 (vs ₩1,085 in 3Q 2022)Third quarter 2023 results: EPS: ₩3,554 (up from ₩1,085 in 3Q 2022). Revenue: ₩266.3b (up 12% from 3Q 2022). Net income: ₩83.3b (up 225% from 3Q 2022). Profit margin: 31% (up from 11% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 13Consensus EPS estimates increase by 25%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩1.06b to ₩971.4m. EPS estimate rose from ₩4,977 to ₩6,200. Net income forecast to grow 86% next year vs 53% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩160,786. Share price fell 14% to ₩95,800 over the past week.
Price Target Changed • Aug 05Price target increased by 8.9% to ₩148,000Up from ₩135,875, the current price target is an average from 17 analysts. New target price is 7.5% above last closing price of ₩137,700. Stock is up 89% over the past year. The company is forecast to post earnings per share of ₩5,045 for next year compared to ₩3,390 last year.
Major Estimate Revision • Aug 04Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩1.02b to ₩1.09b. EPS estimate increased from ₩4,585 to ₩5,044 per share. Net income forecast to grow 70% next year vs 41% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩135,875 to ₩144,765. Share price rose 7.6% to ₩137,700 over the past week.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩117,600, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Entertainment industry in South Korea. Total returns to shareholders of 406% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩77,504 per share.
Reported Earnings • May 20First quarter 2023 earnings released: EPS: ₩905 (vs ₩1,175 in 1Q 2022)First quarter 2023 results: EPS: ₩905 (down from ₩1,175 in 1Q 2022). Revenue: ₩203.9b (up 20% from 1Q 2022). Net income: ₩21.3b (down 23% from 1Q 2022). Profit margin: 11% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₩3,390 (down from ₩5,750 in FY 2021). Revenue: ₩850.8b (up 21% from FY 2021). Net income: ₩80.0b (down 40% from FY 2021). Profit margin: 9.4% (down from 19% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.5%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 16Price target increased by 7.7% to ₩117,765Up from ₩109,313, the current price target is an average from 17 analysts. New target price is 5.5% above last closing price of ₩111,600. Stock is up 49% over the past year. The company is forecast to post earnings per share of ₩3,586 for next year compared to ₩5,750 last year.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩149,700, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 25x in the Entertainment industry in South Korea. Total returns to shareholders of 474% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩75,743 per share.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩114,700, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Entertainment industry in South Korea. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩68,239 per share.
お知らせ • Feb 09+ 1 more updateSM Entertainment Co., Ltd. announced that it expects to receive KRW 111.93 billion in funding from Kakao Corp.SM Entertainment Co., Ltd. announced a private placement to issue 1,230,000 common shares at an issue price of KRW 91,000 for gross proceeds of KRW 111,930,000,000 on February 7, 2023. The transaction included participation from new investor, Kakao Corp. The transaction has been approved by the board of directors of the company. The company is expected to close the transaction on March 6, 2023.
Upcoming Dividend • Dec 21Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 19 April 2023. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.2%).
お知らせ • Dec 08An unknown buyer agreed to acquire unknown stake in S.M. Entertainment Japan, Co., Ltd. from SM Entertainment Co., Ltd. (KOSDAQ:A041510).An unknown buyer agreed to acquire unknown stake in S.M. Entertainment Japan, Co., Ltd. from SM Entertainment Co., Ltd. (KOSDAQ:A041510) for ¥192 million on December 6, 2022. SM Entertainment Co., Ltd. will sell 1.6 million of shares it holds in S.M entertainment at ¥120 per share.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent 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: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩77,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Entertainment industry in South Korea. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩114,439 per share.
Major Estimate Revision • Aug 18Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩834.8m to ₩845.2m. EPS estimate increased from ₩3,032 to ₩3,479 per share. Net income forecast to shrink 45% next year vs 4.5% growth forecast for Entertainment industry in South Korea . Consensus price target of ₩98,182 unchanged from last update. Share price fell 6.3% to ₩70,300 over the past week.
Buying Opportunity • Jun 22Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be ₩86,178, 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. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to decline by 47% in the next 2 years.
Buying Opportunity • Jun 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₩84,787, 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. Revenue is forecast to grow by 41% in 2 years. Earnings is forecast to decline by 47% in the next 2 years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩71,400, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Entertainment industry in South Korea. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩84,796 per share.
Major Estimate Revision • May 18Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩841.0m to ₩851.0m. EPS estimate increased from ₩2,548 to ₩3,017 per share. Net income forecast to shrink 44% next year vs 38% growth forecast for Entertainment industry in South Korea . Consensus price target broadly unchanged at ₩97,545. Share price rose 16% to ₩71,400 over the past week.
お知らせ • May 12SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces an Equity Buyback for KRW 10,000 million worth of its shares.SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Shinhan Investment Corp. The purpose of the program is to boost stock prices and improve shareholder profits. The program will expire on May 9, 2023. As of May 8, 2022, the company had 160,185 shares in treasury within the scope available for dividend and had 0 share in treasury through other repurchases.
Price Target Changed • Apr 27Price target increased to ₩97,273Up from ₩68,615, the current price target is an average from 12 analysts. New target price is 42% above last closing price of ₩68,600. Stock is up 126% over the past year. The company is forecast to post earnings per share of ₩2,548 for next year compared to ₩5,750 last year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent 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: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Oct 13Price target increased to ₩74,583Up from ₩68,615, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of ₩74,800. Stock is up 119% over the past year.
Price Target Changed • Aug 18Price target increased to ₩63,500Up from ₩53,929, the current price target is an average from 15 analysts. New target price is 6.6% below last closing price of ₩68,000. Stock is up 81% over the past year.
Price Target Changed • Jul 15Price target increased to ₩51,786Up from ₩47,000, the current price target is an average from 14 analysts. New target price is 21% below last closing price of ₩65,400. Stock is up 104% over the past year.
Price Target Changed • Jun 30Price target increased to ₩48,231Up from ₩44,077, the current price target is an average from 14 analysts. New target price is 18% below last closing price of ₩58,800. Stock is up 121% over the past year.
Price Target Changed • Jun 02Price target increased to ₩42,615Up from ₩38,636, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₩44,400. Stock is up 65% over the past year.
お知らせ • May 12SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces an Equity Buyback for KRW 10,000 million worth of its shares.SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Securities Co., Ltd. The purpose of the program is to boost stock prices and improve shareholder profits. The program will expire on May 10, 2022. As of May 10, 2021, the company had 344,685 shares in treasury within the scope available for dividend and had 0 share in treasury through other repurchases.
分析記事 • May 03Returns On Capital At SM Entertainment (KOSDAQ:041510) Paint A Concerning PictureDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Reported Earnings • Mar 26Full year 2020 earnings released: ₩3,002 loss per share (vs ₩391 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₩579.9b (down 12% from FY 2019). Net loss: ₩70.2b (loss widened ₩61.1b from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 08Is There An Opportunity With SM Entertainment Co., Ltd.'s (KOSDAQ:041510) 43% Undervaluation?How far off is SM Entertainment Co., Ltd. ( KOSDAQ:041510 ) from its intrinsic value? Using the most recent financial...