View Future GrowthITCENGLOBAL 過去の業績過去 基準チェック /66ITCENGLOBALは、平均年間66.4%の収益成長を遂げていますが、 IT業界の収益は、年間 成長しています。収益は、平均年間8.9% 26.5%収益成長率で 成長しています。 ITCENGLOBALの自己資本利益率は41.9%であり、純利益率は0.5%です。主要情報66.43%収益成長率62.48%EPS成長率IT 業界の成長14.11%収益成長率26.53%株主資本利益率41.93%ネット・マージン0.54%前回の決算情報31 Mar 2026最近の業績更新分析記事 • May 22ITCENGLOBAL's (KOSDAQ:124500) Performance Is Even Better Than Its Earnings SuggestEven though ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) posted strong earnings, investors appeared to be underwhelmed. We...分析記事 • Nov 20ITCENGLOBAL's (KOSDAQ:124500) Strong Earnings Are Of Good QualityInvestors were underwhelmed by the solid earnings posted by ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) recently. Our...Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩261 (vs ₩62.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩261 (up from ₩62.00 in 3Q 2024). Revenue: ₩1.73t (up 34% from 3Q 2024). Net income: ₩6.05b (up 324% from 3Q 2024). Profit margin: 0.4% (up from 0.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 30Investors Shouldn't Be Too Comfortable With Itcen's (KOSDAQ:124500) EarningsInvestors were disappointed with Itcen Co., Ltd.'s ( KOSDAQ:124500 ) earnings, despite the strong profit numbers. We...Reported Earnings • Mar 30Full year 2023 earnings released: EPS: ₩32.00 (vs ₩85.00 in FY 2022)Full year 2023 results: EPS: ₩32.00 (down from ₩85.00 in FY 2022). Revenue: ₩2.82t (up 7.4% from FY 2022). Net income: ₩650.2m (down 62% from FY 2022). Profit margin: 0% (down from 0.1% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Apr 04Full year 2022 earnings released: EPS: ₩85.00 (vs ₩361 loss in FY 2021)Full year 2022 results: EPS: ₩85.00 (up from ₩361 loss in FY 2021). Revenue: ₩2.62t (down 20% from FY 2021). Net income: ₩1.70b (up ₩8.88b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updates分析記事 • May 22ITCENGLOBAL's (KOSDAQ:124500) Performance Is Even Better Than Its Earnings SuggestEven though ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) posted strong earnings, investors appeared to be underwhelmed. We...Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩45,900, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 19x in the IT industry in South Korea. Total returns to shareholders of 1,031% over the past three years.お知らせ • May 08ITCENGLOBAL CO., Ltd. announced that it has received KRW 40 billion in fundingOn May 8, 2026, ITCENGLOBAL CO., Ltd. closed the transaction. The bonds have zero coupon rate. The bonds will be convertible from May 8, 2027 to April 29, 2031.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩54,800, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 20x in the IT industry in South Korea. Total returns to shareholders of 1,261% over the past three years.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩53,100, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 1,111% over the past three years.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to ₩46,900, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 983% over the past three years.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩70,500, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 1,358% over the past three years.お知らせ • Mar 04ITCENGLOBAL CO., Ltd., Annual General Meeting, Mar 31, 2026ITCENGLOBAL CO., Ltd., Annual General Meeting, Mar 31, 2026, at 10:30 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South KoreaValuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩59,200, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 1,339% over the past three years.分析記事 • Jan 27ITCENGLOBAL CO., Ltd.'s (KOSDAQ:124500) Shares Climb 42% But Its Business Is Yet to Catch UpITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) shares have continued their recent momentum with a 42% gain in the last month...Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 41%After last week's 41% share price gain to ₩43,600, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 926% over the past three years.分析記事 • Jan 19ITCENGLOBAL (KOSDAQ:124500) Knows How To Allocate Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩35,900, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 771% over the past three years.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 42%After last week's 42% share price gain to ₩33,900, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 844% over the past three years.分析記事 • Dec 10ITCENGLOBAL CO., Ltd.'s (KOSDAQ:124500) Business Is Yet to Catch Up With Its Share PriceWith a price-to-earnings (or "P/E") ratio of 26.5x ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) may be sending very bearish...Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩25,750, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 541% over the past three years.分析記事 • Nov 20ITCENGLOBAL's (KOSDAQ:124500) Strong Earnings Are Of Good QualityInvestors were underwhelmed by the solid earnings posted by ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) recently. Our...Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩261 (vs ₩62.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩261 (up from ₩62.00 in 3Q 2024). Revenue: ₩1.73t (up 34% from 3Q 2024). Net income: ₩6.05b (up 324% from 3Q 2024). Profit margin: 0.4% (up from 0.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩22,200, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 454% over the past three years.分析記事 • Oct 21If EPS Growth Is Important To You, ITCENGLOBAL (KOSDAQ:124500) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩21,500, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 480% over the past three years.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩18,860, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 434% over the past three years.分析記事 • Sep 06ITCENGLOBAL (KOSDAQ:124500) Seems To Use Debt Quite SensiblySome 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 • Sep 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩17,380, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 345% over the past three years.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩15,200, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 273% over the past three years.分析記事 • Aug 19ITCENGLOBAL (KOSDAQ:124500) Is Investing Its Capital With Increasing EfficiencyWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Aug 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩16,260, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 279% over the past three years.分析記事 • Jul 14Should You Be Adding ITCENGLOBAL (KOSDAQ:124500) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩21,300, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 19x in the IT industry in South Korea. Total returns to shareholders of 433% over the past three years.分析記事 • Jun 23Even With A 212% Surge, Cautious Investors Are Not Rewarding ITCENGLOBAL CO., Ltd.'s (KOSDAQ:124500) Performance CompletelyITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) shares have continued their recent momentum with a 212% gain in the last month...Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₩28,700, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 628% over the past three years.分析記事 • May 30Does ITCENGLOBAL (KOSDAQ:124500) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩11,280, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 14x in the IT industry in South Korea. Total returns to shareholders of 129% over the past three years.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩7,850, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 65% over the past three years.分析記事 • May 09ITCENGLOBAL CO., Ltd. (KOSDAQ:124500) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) shareholders have had their patience rewarded with a 27% share price jump in...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩6,300, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 13x in the IT industry in South Korea. Total returns to shareholders of 20% over the past three years.分析記事 • Mar 30Investors Shouldn't Be Too Comfortable With Itcen's (KOSDAQ:124500) EarningsInvestors were disappointed with Itcen Co., Ltd.'s ( KOSDAQ:124500 ) earnings, despite the strong profit numbers. We...分析記事 • Mar 25Here's Why Itcen (KOSDAQ:124500) Has Caught The Eye Of InvestorsInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...お知らせ • Feb 28Itcen Co., Ltd., Annual General Meeting, Mar 28, 2025Itcen Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea分析記事 • Feb 20Earnings Not Telling The Story For Itcen Co., Ltd. (KOSDAQ:124500) After Shares Rise 26%Itcen Co., Ltd. ( KOSDAQ:124500 ) shares have had a really impressive month, gaining 26% after a shaky period...New Risk • Feb 17New 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 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₩6,850, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩5,070, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 15x in the IT industry in South Korea. Negligible returns to shareholders over past three years.分析記事 • Dec 09Some Itcen Co., Ltd. (KOSDAQ:124500) Shareholders Look For Exit As Shares Take 25% PoundingItcen Co., Ltd. ( KOSDAQ:124500 ) shares have retraced a considerable 25% in the last month, reversing a fair amount of...New Risk • Dec 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 Risks Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₩139.7b market cap, or US$99.6m).分析記事 • Nov 18Itcen (KOSDAQ:124500) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩138.3b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₩138.3b market cap, or US$98.5m).New Risk • Oct 25New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding).Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩7,290, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 62% over the past three years.分析記事 • Sep 20Itcen Co., Ltd.'s (KOSDAQ:124500) Business Is Yet to Catch Up With Its Share PriceItcen Co., Ltd.'s ( KOSDAQ:124500 ) price-to-earnings (or "P/E") ratio of 43.1x might make it look like a strong sell...Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩5,720, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 15% over the past three years.New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩135.1b (US$99.8m) 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₩135.1b market cap, or US$99.8m).Reported Earnings • Mar 30Full year 2023 earnings released: EPS: ₩32.00 (vs ₩85.00 in FY 2022)Full year 2023 results: EPS: ₩32.00 (down from ₩85.00 in FY 2022). Revenue: ₩2.82t (up 7.4% from FY 2022). Net income: ₩650.2m (down 62% from FY 2022). Profit margin: 0% (down from 0.1% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to ₩6,360, the stock trades at a trailing P/E ratio of 62.9x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 20% over the past three years.分析記事 • Feb 26Itcen (KOSDAQ:124500) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩7,650, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 24x in the IT industry in South Korea. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩7,680, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 24x in the IT industry in South Korea. Total returns to shareholders of 49% over the past three years.New Risk • Dec 08New 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 9.1% 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 Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Market cap is less than US$100m (₩128.8b market cap, or US$98.2m).Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩4,645, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 23x in the IT industry in South Korea. Total loss to shareholders of 14% over the past three years.Reported Earnings • Apr 04Full year 2022 earnings released: EPS: ₩85.00 (vs ₩361 loss in FY 2021)Full year 2022 results: EPS: ₩85.00 (up from ₩361 loss in FY 2021). Revenue: ₩2.62t (down 20% from FY 2021). Net income: ₩1.70b (up ₩8.88b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 03Full year 2021 earnings released: ₩361 loss per share (vs ₩284 profit in FY 2020)Full year 2021 results: ₩361 loss per share (down from ₩284 profit in FY 2020). Revenue: ₩3.28t (up 44% from FY 2020). Net loss: ₩7.18b (down 229% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 28% share price gain to ₩5,880, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩7,640, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 23x in the IT industry in South Korea. Total returns to shareholders of 135% over the past three years.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₩6,430, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 27x in the IT industry in South Korea. Total returns to shareholders of 45% over the past three years.分析記事 • Mar 10Is Itcen (KOSDAQ:124500) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Feb 17New 90-day high: ₩5,800The company is up 8.0% from its price of ₩5,350 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period.分析記事 • Feb 11Do Its Financials Have Any Role To Play In Driving Itcen Co., Ltd.'s (KOSDAQ:124500) Stock Up Recently?Itcen (KOSDAQ:124500) has had a great run on the share market with its stock up by a significant 7.7% over the last...分析記事 • Jan 21Are Itcen's (KOSDAQ:124500) Statutory Earnings A Good Guide To Its Underlying Profitability?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...Is New 90 Day High Low • Jan 11New 90-day low: ₩5,070The company is down 6.0% from its price of ₩5,410 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 21% over the same period.分析記事 • Dec 31The Itcen (KOSDAQ:124500) Share Price Has Gained 80% And Shareholders Are Hoping For MoreBy buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...分析記事 • Dec 10Itcen (KOSDAQ:124500) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...収支内訳ITCENGLOBAL の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史KOSDAQ:A124500 収益、費用、利益 ( )KRW Millions日付収益収益G+A経費研究開発費31 Mar 2610,522,49657,275159,9111,81731 Dec 258,870,84546,650152,1691,81730 Sep 256,137,01022,556150,67990830 Jun 255,694,64417,932145,51190831 Mar 255,687,70611,751140,54790831 Dec 244,961,8474,255133,39290830 Sep 244,360,3615,203107,7526,97130 Jun 244,380,8231,783145,5496,97131 Mar 243,121,0191,136112,5856,97131 Dec 232,815,145650114,6636,97130 Sep 232,702,1242,328123,2175,42630 Jun 231,940,6833,74384,3025,42631 Mar 232,483,5075,070113,1025,42631 Dec 222,621,0541,698107,5115,42630 Sep 222,822,345-10,177107,1105,82530 Jun 223,014,303-9,097103,9775,82531 Mar 223,191,003-9,88096,7635,82531 Dec 213,280,884-7,18393,6345,82530 Sep 213,022,0113,62692,9951,36830 Jun 212,914,6506,96184,2032,75131 Mar 212,679,7866,83779,1594,13731 Dec 202,275,0835,56165,5615,48830 Sep 202,008,2687,59861,8835,44530 Jun 201,792,2894,75359,0714,06231 Mar 201,674,5054,92052,1813,95931 Dec 191,534,2694,57346,3385,14730 Sep 191,345,3025,55725,5694,21330 Jun 191,086,2274,30921,8464,21331 Mar 19781,48774921,0943,32431 Dec 18549,191-40122,7701,50530 Sep 18369,432-5,22736,0861,76830 Jun 18288,253-5,16833,9351,76831 Mar 18300,015-2,35933,6821,79731 Dec 17311,54999033,2151,62830 Sep 17315,254-2,64634,3101,51630 Jun 17306,375-5,61336,2671,51631 Mar 17298,642-4,61236,7011,43831 Dec 16273,654-6,76036,5121,64530 Sep 16261,846-4,60935,7611,62930 Jun 16236,866-4,95935,4131,62931 Dec 15161,830-6,93724,77891230 Sep 15246,870-2,59728,1381,57830 Jun 15246,50616321,5741,578質の高い収益: A124500は 高品質の収益 を持っています。利益率の向上: A124500の現在の純利益率 (0.5%)は、昨年(0.2%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: A124500の収益は過去 5 年間で年間66.4%増加しました。成長の加速: A124500の過去 1 年間の収益成長率 ( 387.4% ) は、5 年間の平均 ( 年間66.4%を上回っています。収益対業界: A124500の過去 1 年間の収益成長率 ( 387.4% ) はIT業界7.4%を上回りました。株主資本利益率高いROE: A124500の 自己資本利益率 ( 41.9% ) は 傑出している と考えられます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/05/26 22:59終値2026/05/26 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ITCENGLOBAL CO., Ltd. 0 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Hyuk Jin YoonEugene Investment & Securities Co Ltd.
分析記事 • May 22ITCENGLOBAL's (KOSDAQ:124500) Performance Is Even Better Than Its Earnings SuggestEven though ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) posted strong earnings, investors appeared to be underwhelmed. We...
分析記事 • Nov 20ITCENGLOBAL's (KOSDAQ:124500) Strong Earnings Are Of Good QualityInvestors were underwhelmed by the solid earnings posted by ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) recently. Our...
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩261 (vs ₩62.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩261 (up from ₩62.00 in 3Q 2024). Revenue: ₩1.73t (up 34% from 3Q 2024). Net income: ₩6.05b (up 324% from 3Q 2024). Profit margin: 0.4% (up from 0.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 30Investors Shouldn't Be Too Comfortable With Itcen's (KOSDAQ:124500) EarningsInvestors were disappointed with Itcen Co., Ltd.'s ( KOSDAQ:124500 ) earnings, despite the strong profit numbers. We...
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: ₩32.00 (vs ₩85.00 in FY 2022)Full year 2023 results: EPS: ₩32.00 (down from ₩85.00 in FY 2022). Revenue: ₩2.82t (up 7.4% from FY 2022). Net income: ₩650.2m (down 62% from FY 2022). Profit margin: 0% (down from 0.1% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 04Full year 2022 earnings released: EPS: ₩85.00 (vs ₩361 loss in FY 2021)Full year 2022 results: EPS: ₩85.00 (up from ₩361 loss in FY 2021). Revenue: ₩2.62t (down 20% from FY 2021). Net income: ₩1.70b (up ₩8.88b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
分析記事 • May 22ITCENGLOBAL's (KOSDAQ:124500) Performance Is Even Better Than Its Earnings SuggestEven though ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) posted strong earnings, investors appeared to be underwhelmed. We...
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩45,900, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 19x in the IT industry in South Korea. Total returns to shareholders of 1,031% over the past three years.
お知らせ • May 08ITCENGLOBAL CO., Ltd. announced that it has received KRW 40 billion in fundingOn May 8, 2026, ITCENGLOBAL CO., Ltd. closed the transaction. The bonds have zero coupon rate. The bonds will be convertible from May 8, 2027 to April 29, 2031.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩54,800, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 20x in the IT industry in South Korea. Total returns to shareholders of 1,261% over the past three years.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩53,100, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 1,111% over the past three years.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to ₩46,900, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 983% over the past three years.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩70,500, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 1,358% over the past three years.
お知らせ • Mar 04ITCENGLOBAL CO., Ltd., Annual General Meeting, Mar 31, 2026ITCENGLOBAL CO., Ltd., Annual General Meeting, Mar 31, 2026, at 10:30 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩59,200, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 1,339% over the past three years.
分析記事 • Jan 27ITCENGLOBAL CO., Ltd.'s (KOSDAQ:124500) Shares Climb 42% But Its Business Is Yet to Catch UpITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) shares have continued their recent momentum with a 42% gain in the last month...
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 41%After last week's 41% share price gain to ₩43,600, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 926% over the past three years.
分析記事 • Jan 19ITCENGLOBAL (KOSDAQ:124500) Knows How To Allocate Capital EffectivelyIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩35,900, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 771% over the past three years.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 42%After last week's 42% share price gain to ₩33,900, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 844% over the past three years.
分析記事 • Dec 10ITCENGLOBAL CO., Ltd.'s (KOSDAQ:124500) Business Is Yet to Catch Up With Its Share PriceWith a price-to-earnings (or "P/E") ratio of 26.5x ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) may be sending very bearish...
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩25,750, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 541% over the past three years.
分析記事 • Nov 20ITCENGLOBAL's (KOSDAQ:124500) Strong Earnings Are Of Good QualityInvestors were underwhelmed by the solid earnings posted by ITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) recently. Our...
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩261 (vs ₩62.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩261 (up from ₩62.00 in 3Q 2024). Revenue: ₩1.73t (up 34% from 3Q 2024). Net income: ₩6.05b (up 324% from 3Q 2024). Profit margin: 0.4% (up from 0.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩22,200, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 454% over the past three years.
分析記事 • Oct 21If EPS Growth Is Important To You, ITCENGLOBAL (KOSDAQ:124500) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩21,500, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 480% over the past three years.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩18,860, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 434% over the past three years.
分析記事 • Sep 06ITCENGLOBAL (KOSDAQ:124500) Seems To Use Debt Quite SensiblySome 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 • Sep 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩17,380, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 345% over the past three years.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩15,200, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 273% over the past three years.
分析記事 • Aug 19ITCENGLOBAL (KOSDAQ:124500) Is Investing Its Capital With Increasing EfficiencyWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩16,260, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 279% over the past three years.
分析記事 • Jul 14Should You Be Adding ITCENGLOBAL (KOSDAQ:124500) To Your Watchlist Today?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩21,300, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 19x in the IT industry in South Korea. Total returns to shareholders of 433% over the past three years.
分析記事 • Jun 23Even With A 212% Surge, Cautious Investors Are Not Rewarding ITCENGLOBAL CO., Ltd.'s (KOSDAQ:124500) Performance CompletelyITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) shares have continued their recent momentum with a 212% gain in the last month...
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₩28,700, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 628% over the past three years.
分析記事 • May 30Does ITCENGLOBAL (KOSDAQ:124500) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩11,280, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 14x in the IT industry in South Korea. Total returns to shareholders of 129% over the past three years.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩7,850, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 65% over the past three years.
分析記事 • May 09ITCENGLOBAL CO., Ltd. (KOSDAQ:124500) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedITCENGLOBAL CO., Ltd. ( KOSDAQ:124500 ) shareholders have had their patience rewarded with a 27% share price jump in...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩6,300, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 13x in the IT industry in South Korea. Total returns to shareholders of 20% over the past three years.
分析記事 • Mar 30Investors Shouldn't Be Too Comfortable With Itcen's (KOSDAQ:124500) EarningsInvestors were disappointed with Itcen Co., Ltd.'s ( KOSDAQ:124500 ) earnings, despite the strong profit numbers. We...
分析記事 • Mar 25Here's Why Itcen (KOSDAQ:124500) Has Caught The Eye Of InvestorsInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
お知らせ • Feb 28Itcen Co., Ltd., Annual General Meeting, Mar 28, 2025Itcen Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea
分析記事 • Feb 20Earnings Not Telling The Story For Itcen Co., Ltd. (KOSDAQ:124500) After Shares Rise 26%Itcen Co., Ltd. ( KOSDAQ:124500 ) shares have had a really impressive month, gaining 26% after a shaky period...
New Risk • Feb 17New 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 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₩6,850, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩5,070, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 15x in the IT industry in South Korea. Negligible returns to shareholders over past three years.
分析記事 • Dec 09Some Itcen Co., Ltd. (KOSDAQ:124500) Shareholders Look For Exit As Shares Take 25% PoundingItcen Co., Ltd. ( KOSDAQ:124500 ) shares have retraced a considerable 25% in the last month, reversing a fair amount of...
New Risk • Dec 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 Risks Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₩139.7b market cap, or US$99.6m).
分析記事 • Nov 18Itcen (KOSDAQ:124500) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩138.3b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₩138.3b market cap, or US$98.5m).
New Risk • Oct 25New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩7,290, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 62% over the past three years.
分析記事 • Sep 20Itcen Co., Ltd.'s (KOSDAQ:124500) Business Is Yet to Catch Up With Its Share PriceItcen Co., Ltd.'s ( KOSDAQ:124500 ) price-to-earnings (or "P/E") ratio of 43.1x might make it look like a strong sell...
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩5,720, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 15% over the past three years.
New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩135.1b (US$99.8m) 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₩135.1b market cap, or US$99.8m).
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: ₩32.00 (vs ₩85.00 in FY 2022)Full year 2023 results: EPS: ₩32.00 (down from ₩85.00 in FY 2022). Revenue: ₩2.82t (up 7.4% from FY 2022). Net income: ₩650.2m (down 62% from FY 2022). Profit margin: 0% (down from 0.1% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to ₩6,360, the stock trades at a trailing P/E ratio of 62.9x. Average trailing P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 20% over the past three years.
分析記事 • Feb 26Itcen (KOSDAQ:124500) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩7,650, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 24x in the IT industry in South Korea. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩7,680, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 24x in the IT industry in South Korea. Total returns to shareholders of 49% over the past three years.
New Risk • Dec 08New 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 9.1% 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 Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Market cap is less than US$100m (₩128.8b market cap, or US$98.2m).
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩4,645, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 23x in the IT industry in South Korea. Total loss to shareholders of 14% over the past three years.
Reported Earnings • Apr 04Full year 2022 earnings released: EPS: ₩85.00 (vs ₩361 loss in FY 2021)Full year 2022 results: EPS: ₩85.00 (up from ₩361 loss in FY 2021). Revenue: ₩2.62t (down 20% from FY 2021). Net income: ₩1.70b (up ₩8.88b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 03Full year 2021 earnings released: ₩361 loss per share (vs ₩284 profit in FY 2020)Full year 2021 results: ₩361 loss per share (down from ₩284 profit in FY 2020). Revenue: ₩3.28t (up 44% from FY 2020). Net loss: ₩7.18b (down 229% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 28% share price gain to ₩5,880, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩7,640, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 23x in the IT industry in South Korea. Total returns to shareholders of 135% over the past three years.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₩6,430, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 27x in the IT industry in South Korea. Total returns to shareholders of 45% over the past three years.
分析記事 • Mar 10Is Itcen (KOSDAQ:124500) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Feb 17New 90-day high: ₩5,800The company is up 8.0% from its price of ₩5,350 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period.
分析記事 • Feb 11Do Its Financials Have Any Role To Play In Driving Itcen Co., Ltd.'s (KOSDAQ:124500) Stock Up Recently?Itcen (KOSDAQ:124500) has had a great run on the share market with its stock up by a significant 7.7% over the last...
分析記事 • Jan 21Are Itcen's (KOSDAQ:124500) Statutory Earnings A Good Guide To Its Underlying Profitability?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
Is New 90 Day High Low • Jan 11New 90-day low: ₩5,070The company is down 6.0% from its price of ₩5,410 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 21% over the same period.
分析記事 • Dec 31The Itcen (KOSDAQ:124500) Share Price Has Gained 80% And Shareholders Are Hoping For MoreBy buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...
分析記事 • Dec 10Itcen (KOSDAQ:124500) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...