T3 Entertainment（A204610）株式概要T3 Entertainment Inc.は、韓国内外でPC、モバイル、コンソール向けのゲームを開発しています。 詳細A204610 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績6/6財務の健全性6/6配当金2/6報酬当社が推定した公正価値より68.4%で取引されている 過去1年間で収益は45.5%増加しました リスク分析リスクチェックの結果、A204610 、リスクは検出されなかった。すべてのリスクチェックを見るA204610 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW494,503 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG494,503 investors already sharing narrativesYour Fair Value₩Current Price₩3.02k32.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-8b119b2016201920222025202620282031Revenue ₩118.7bEarnings ₩28.1bAdvancedSet Fair ValueView all narrativesT3 Entertainment Inc. 競合他社NEOWIZ HOLDINGSSymbol: KOSDAQ:A042420Market cap: ₩137.6bMgameSymbol: KOSDAQ:A058630Market cap: ₩88.5bCom2uSSymbol: KOSDAQ:A078340Market cap: ₩299.3bCom2uS HoldingsSymbol: KOSDAQ:A063080Market cap: ₩83.8b価格と性能株価の高値、安値、推移の概要T3 Entertainment過去の株価現在の株価₩3,020.0052週高値₩3,795.0052週安値₩1,660.00ベータ-0.00601ヶ月の変化21.29%3ヶ月変化18.66%1年変化49.50%3年間の変化86.77%5年間の変化n/aIPOからの変化44.84%最新ニュース分析記事 • Jul 03Do T3 Entertainment's (KOSDAQ:204610) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩2,740, the stock trades at a trailing P/E ratio of 8x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 87% over the past three years.お知らせ • Jun 10T3 Entertainment Inc. to Report Q1, 2026 Results on Jun 11, 2026T3 Entertainment Inc. announced that they will report Q1, 2026 results on Jun 11, 2026Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,535, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 72% over the past three years.New Risk • May 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩147.0b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Dividend is not well covered by cash flows (132% cash payout ratio). Market cap is less than US$100m (₩147.0b market cap, or US$98.1m).Upcoming Dividend • May 21Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).最新情報をもっと見るRecent updates分析記事 • Jul 03Do T3 Entertainment's (KOSDAQ:204610) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩2,740, the stock trades at a trailing P/E ratio of 8x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 87% over the past three years.お知らせ • Jun 10T3 Entertainment Inc. to Report Q1, 2026 Results on Jun 11, 2026T3 Entertainment Inc. announced that they will report Q1, 2026 results on Jun 11, 2026Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,535, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 72% over the past three years.New Risk • May 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩147.0b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Dividend is not well covered by cash flows (132% cash payout ratio). Market cap is less than US$100m (₩147.0b market cap, or US$98.1m).Upcoming Dividend • May 21Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. 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 • Apr 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩3,240, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 107% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of ₩90.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 17 April 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.7%).Reported Earnings • Mar 18Full year 2025 earnings released: EPS: ₩308 (vs ₩189 in FY 2024)Full year 2025 results: EPS: ₩308 (up from ₩189 in FY 2024). Revenue: ₩69.5b (up 17% from FY 2024). Net income: ₩16.9b (up 48% from FY 2024). Profit margin: 24% (up from 19% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • Mar 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 46% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risk Dividend is not well covered by cash flows (141% cash payout ratio).お知らせ • Mar 07T3 Entertainment Inc., Annual General Meeting, Mar 20, 2026T3 Entertainment Inc., Annual General Meeting, Mar 20, 2026, at 09:30 Tokyo Standard Time. Location: conference room, geumcheon-gu, seoul South KoreaDeclared Dividend • Mar 01Dividend of ₩90.00 announcedShareholders will receive a dividend of ₩90.00. Ex-date: 30th March 2026 Payment date: 17th April 2026 Dividend yield will be 6.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩2,240, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 12% over the past three years.分析記事 • Jan 15There's No Escaping T3 Entertainment Inc.'s (KOSDAQ:204610) Muted EarningsT3 Entertainment Inc.'s ( KOSDAQ:204610 ) price-to-earnings (or "P/E") ratio of 7.6x might make it look like a buy...Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩1,940, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 16% over the past three years.Upcoming Dividend • Aug 21Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.5%).分析記事 • Aug 08T3 Entertainment Inc. (KOSDAQ:204610) Looks Inexpensive But Perhaps Not Attractive EnoughKOSDAQ:A204610 1 Year Share Price vs Fair Value Explore T3 Entertainment's Fair Values from the Community and select...分析記事 • May 21Calculating The Fair Value Of T3 Entertainment Inc. (KOSDAQ:204610)Key Insights Using the 2 Stage Free Cash Flow to Equity, T3 Entertainment fair value estimate is ₩2,117 With ₩1,900...Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩1,900, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 26x in the Entertainment industry in South Korea. Total returns to shareholders of 74% over the past year.Buy Or Sell Opportunity • May 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to ₩1,690. The fair value is estimated to be ₩2,122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 31%.Buy Or Sell Opportunity • Apr 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to ₩1,612. The fair value is estimated to be ₩2,047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 31%.分析記事 • Apr 09There Is A Reason T3 Entertainment Inc.'s (KOSDAQ:204610) Price Is UndemandingWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 11x, you may consider T3...Buy Or Sell Opportunity • Mar 28Now 21% undervaluedOver the last 90 days, the stock has risen 11% to ₩1,683. The fair value is estimated to be ₩2,143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 30%.Reported Earnings • Mar 21Full year 2024 earnings released: EPS: ₩189 (vs ₩87.00 in FY 2023)Full year 2024 results: EPS: ₩189 (up from ₩87.00 in FY 2023). Revenue: ₩59.3b (up 16% from FY 2023). Net income: ₩11.5b (up 105% from FY 2023). Profit margin: 19% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.Declared Dividend • Mar 13Dividend of ₩60.00 announcedDividend of ₩60.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 22nd April 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio) nor is it covered by cash flows (233% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is less than the 49% EPS growth achieved over the last 5 years.お知らせ • Mar 13T3 Entertainment Inc., Annual General Meeting, Mar 27, 2025T3 Entertainment Inc., Annual General Meeting, Mar 27, 2025, at 09:30 Tokyo Standard Time. Location: conference room, geumcheon-gu, seoul South KoreaNew Risk • Nov 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: 6.9% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 241% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (₩88.6b market cap, or US$63.5m).分析記事 • Nov 19T3 Entertainment (KOSDAQ:204610) May Have Issues Allocating Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...分析記事 • Jul 17We Think T3 Entertainment (KOSDAQ:204610) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Buy Or Sell Opportunity • Jul 05Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to ₩1,115. The fair value is estimated to be ₩919, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last year. Earnings per share has declined by 61%.New Risk • May 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 34% over the past year. High level of non-cash earnings (64% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (₩76.2b market cap, or US$55.9m).Buy Or Sell Opportunity • May 24Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to ₩1,130. The fair value is estimated to be ₩933, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last year. Earnings per share has declined by 61%.Buy Or Sell Opportunity • Apr 18Now 22% overvaluedOver the last 90 days, the stock has fallen 5.2% to ₩1,124. The fair value is estimated to be ₩923, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last year. Earnings per share has declined by 60%.分析記事 • Mar 26T3 Entertainment's (KOSDAQ:204610) Conservative Accounting Might Explain Soft EarningsThe market for T3 Entertainment Inc.'s ( KOSDAQ:204610 ) shares didn't move much after it posted weak earnings...Reported Earnings • Mar 23Full year 2023 earnings released: EPS: ₩87.00 (vs ₩220 in FY 2022)Full year 2023 results: EPS: ₩87.00 (down from ₩220 in FY 2022). Revenue: ₩51.0b (down 33% from FY 2022). Net income: ₩5.60b (down 50% from FY 2022). Profit margin: 11% (down from 14% in FY 2022).Upcoming Dividend • Mar 21Upcoming dividend of ₩60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 22 April 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.1%).New Risk • Dec 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 19% over the past year. Minor Risks Less than 3 years of financial data is available. Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (₩90.0b market cap, or US$68.4m).Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩1,509, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 29x in the Entertainment industry in South Korea.New Risk • Aug 31New major risk - Revenue and earnings growthRevenue has declined by 3.5% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 3.5% over the past year. Minor Risks Less than 3 years of financial data is available. Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Market cap is less than US$100m (₩92.3b market cap, or US$69.7m).Reported Earnings • May 18First quarter 2023 earnings released: EPS: ₩45.00 (vs ₩60.00 in 1Q 2022)First quarter 2023 results: EPS: ₩45.00. Revenue: ₩14.3b (down 10% from 1Q 2022). Net income: ₩2.98b (up 3.4% from 1Q 2022). Profit margin: 21% (up from 18% in 1Q 2022). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩1,793, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 37x in the Entertainment industry in South Korea.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: ₩220 (vs ₩226 in FY 2021)Full year 2022 results: EPS: ₩220. Revenue: ₩76.2b (up 8.2% from FY 2021). Net income: ₩11.1b (up 2.9% from FY 2021). Profit margin: 14% (in line with FY 2021).株主還元A204610KR EntertainmentKR 市場7D20.3%12.3%-3.6%1Y49.5%-31.4%148.4%株主還元を見る業界別リターン: A204610過去 1 年間で-31.4 % の収益を上げたKR Entertainment業界を上回りました。リターン対市場: A204610は、過去 1 年間で148.4 % のリターンを上げたKR市場を下回りました。価格変動Is A204610's price volatile compared to industry and market?A204610 volatilityA204610 Average Weekly Movement7.5%Entertainment Industry Average Movement9.6%Market Average Movement9.3%10% most volatile stocks in KR Market16.5%10% least volatile stocks in KR Market4.9%安定した株価: A204610 、 KR市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: A204610の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200088Min-Kyun Hongwww.t3.co.krは、PC、モバイル、コンソール向けのゲームを韓国内外で開発している。同社は2000年に設立され、韓国のソウルに拠点を置く。もっと見るT3 Entertainment Inc. 基礎のまとめT3 Entertainment の収益と売上を時価総額と比較するとどうか。A204610 基礎統計学時価総額₩158.02b収益（TTM）₩17.89b売上高(TTM)₩75.57b8.8xPER（株価収益率2.1xP/SレシオA204610 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計A204610 損益計算書（TTM）収益₩75.57b売上原価₩15.81b売上総利益₩59.76bその他の費用₩41.88b収益₩17.89b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）341.82グロス・マージン79.08%純利益率23.67%有利子負債／自己資本比率0%A204610 の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.0%現在の配当利回りn/a配当性向View Valuation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2026/07/04 00:45終値2026/07/03 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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T3 Entertainment Inc. 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Kyeongkeun KangNH Investment & Securities Co., Ltd.
分析記事 • Jul 03Do T3 Entertainment's (KOSDAQ:204610) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩2,740, the stock trades at a trailing P/E ratio of 8x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 87% over the past three years.
お知らせ • Jun 10T3 Entertainment Inc. to Report Q1, 2026 Results on Jun 11, 2026T3 Entertainment Inc. announced that they will report Q1, 2026 results on Jun 11, 2026
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,535, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 72% over the past three years.
New Risk • May 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩147.0b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Dividend is not well covered by cash flows (132% cash payout ratio). Market cap is less than US$100m (₩147.0b market cap, or US$98.1m).
Upcoming Dividend • May 21Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).
分析記事 • Jul 03Do T3 Entertainment's (KOSDAQ:204610) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩2,740, the stock trades at a trailing P/E ratio of 8x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 87% over the past three years.
お知らせ • Jun 10T3 Entertainment Inc. to Report Q1, 2026 Results on Jun 11, 2026T3 Entertainment Inc. announced that they will report Q1, 2026 results on Jun 11, 2026
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,535, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total returns to shareholders of 72% over the past three years.
New Risk • May 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩147.0b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Dividend is not well covered by cash flows (132% cash payout ratio). Market cap is less than US$100m (₩147.0b market cap, or US$98.1m).
Upcoming Dividend • May 21Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. 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 • Apr 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩3,240, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 107% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of ₩90.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 17 April 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.7%).
Reported Earnings • Mar 18Full year 2025 earnings released: EPS: ₩308 (vs ₩189 in FY 2024)Full year 2025 results: EPS: ₩308 (up from ₩189 in FY 2024). Revenue: ₩69.5b (up 17% from FY 2024). Net income: ₩16.9b (up 48% from FY 2024). Profit margin: 24% (up from 19% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 46% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risk Dividend is not well covered by cash flows (141% cash payout ratio).
お知らせ • Mar 07T3 Entertainment Inc., Annual General Meeting, Mar 20, 2026T3 Entertainment Inc., Annual General Meeting, Mar 20, 2026, at 09:30 Tokyo Standard Time. Location: conference room, geumcheon-gu, seoul South Korea
Declared Dividend • Mar 01Dividend of ₩90.00 announcedShareholders will receive a dividend of ₩90.00. Ex-date: 30th March 2026 Payment date: 17th April 2026 Dividend yield will be 6.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩2,240, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 12% over the past three years.
分析記事 • Jan 15There's No Escaping T3 Entertainment Inc.'s (KOSDAQ:204610) Muted EarningsT3 Entertainment Inc.'s ( KOSDAQ:204610 ) price-to-earnings (or "P/E") ratio of 7.6x might make it look like a buy...
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩1,940, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 16% over the past three years.
Upcoming Dividend • Aug 21Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.5%).
分析記事 • Aug 08T3 Entertainment Inc. (KOSDAQ:204610) Looks Inexpensive But Perhaps Not Attractive EnoughKOSDAQ:A204610 1 Year Share Price vs Fair Value Explore T3 Entertainment's Fair Values from the Community and select...
分析記事 • May 21Calculating The Fair Value Of T3 Entertainment Inc. (KOSDAQ:204610)Key Insights Using the 2 Stage Free Cash Flow to Equity, T3 Entertainment fair value estimate is ₩2,117 With ₩1,900...
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩1,900, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 26x in the Entertainment industry in South Korea. Total returns to shareholders of 74% over the past year.
Buy Or Sell Opportunity • May 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.6% to ₩1,690. The fair value is estimated to be ₩2,122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 31%.
Buy Or Sell Opportunity • Apr 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to ₩1,612. The fair value is estimated to be ₩2,047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 31%.
分析記事 • Apr 09There Is A Reason T3 Entertainment Inc.'s (KOSDAQ:204610) Price Is UndemandingWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 11x, you may consider T3...
Buy Or Sell Opportunity • Mar 28Now 21% undervaluedOver the last 90 days, the stock has risen 11% to ₩1,683. The fair value is estimated to be ₩2,143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 30%.
Reported Earnings • Mar 21Full year 2024 earnings released: EPS: ₩189 (vs ₩87.00 in FY 2023)Full year 2024 results: EPS: ₩189 (up from ₩87.00 in FY 2023). Revenue: ₩59.3b (up 16% from FY 2023). Net income: ₩11.5b (up 105% from FY 2023). Profit margin: 19% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.
Declared Dividend • Mar 13Dividend of ₩60.00 announcedDividend of ₩60.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 22nd April 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio) nor is it covered by cash flows (233% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is less than the 49% EPS growth achieved over the last 5 years.
お知らせ • Mar 13T3 Entertainment Inc., Annual General Meeting, Mar 27, 2025T3 Entertainment Inc., Annual General Meeting, Mar 27, 2025, at 09:30 Tokyo Standard Time. Location: conference room, geumcheon-gu, seoul South Korea
New Risk • Nov 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: 6.9% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 241% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (₩88.6b market cap, or US$63.5m).
分析記事 • Nov 19T3 Entertainment (KOSDAQ:204610) May Have Issues Allocating Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
分析記事 • Jul 17We Think T3 Entertainment (KOSDAQ:204610) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Buy Or Sell Opportunity • Jul 05Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to ₩1,115. The fair value is estimated to be ₩919, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last year. Earnings per share has declined by 61%.
New Risk • May 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 34% over the past year. High level of non-cash earnings (64% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (₩76.2b market cap, or US$55.9m).
Buy Or Sell Opportunity • May 24Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to ₩1,130. The fair value is estimated to be ₩933, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last year. Earnings per share has declined by 61%.
Buy Or Sell Opportunity • Apr 18Now 22% overvaluedOver the last 90 days, the stock has fallen 5.2% to ₩1,124. The fair value is estimated to be ₩923, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last year. Earnings per share has declined by 60%.
分析記事 • Mar 26T3 Entertainment's (KOSDAQ:204610) Conservative Accounting Might Explain Soft EarningsThe market for T3 Entertainment Inc.'s ( KOSDAQ:204610 ) shares didn't move much after it posted weak earnings...
Reported Earnings • Mar 23Full year 2023 earnings released: EPS: ₩87.00 (vs ₩220 in FY 2022)Full year 2023 results: EPS: ₩87.00 (down from ₩220 in FY 2022). Revenue: ₩51.0b (down 33% from FY 2022). Net income: ₩5.60b (down 50% from FY 2022). Profit margin: 11% (down from 14% in FY 2022).
Upcoming Dividend • Mar 21Upcoming dividend of ₩60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 22 April 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.1%).
New Risk • Dec 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 19% over the past year. Minor Risks Less than 3 years of financial data is available. Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (₩90.0b market cap, or US$68.4m).
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩1,509, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 29x in the Entertainment industry in South Korea.
New Risk • Aug 31New major risk - Revenue and earnings growthRevenue has declined by 3.5% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 3.5% over the past year. Minor Risks Less than 3 years of financial data is available. Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Market cap is less than US$100m (₩92.3b market cap, or US$69.7m).
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ₩45.00 (vs ₩60.00 in 1Q 2022)First quarter 2023 results: EPS: ₩45.00. Revenue: ₩14.3b (down 10% from 1Q 2022). Net income: ₩2.98b (up 3.4% from 1Q 2022). Profit margin: 21% (up from 18% in 1Q 2022). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩1,793, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 37x in the Entertainment industry in South Korea.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: ₩220 (vs ₩226 in FY 2021)Full year 2022 results: EPS: ₩220. Revenue: ₩76.2b (up 8.2% from FY 2021). Net income: ₩11.1b (up 2.9% from FY 2021). Profit margin: 14% (in line with FY 2021).
