View Future GrowthFORCSLtd 過去の業績過去 基準チェック /16FORCSLtdの収益は年間平均-2%の割合で減少していますが、 Software業界の収益は年間 増加しています。収益は年間7.9% 6.2%割合で 増加しています。 FORCSLtdの自己資本利益率は5.7%であり、純利益率は13.6%です。主要情報-1.99%収益成長率-1.00%EPS成長率Software 業界の成長14.56%収益成長率6.20%株主資本利益率5.71%ネット・マージン13.61%前回の決算情報31 Dec 2025最近の業績更新分析記事 • Sep 23Some Investors May Be Willing To Look Past FORCSLtd's (KOSDAQ:189690) Soft EarningsSoft earnings didn't appear to concern FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) shareholders over the last week. We did some...Reported Earnings • Sep 18Full year 2025 earnings released: EPS: ₩178 (vs ₩179 in FY 2024)Full year 2025 results: EPS: ₩178 (down from ₩179 in FY 2024). Revenue: ₩32.9b (up 5.1% from FY 2024). Net income: ₩4.55b (down 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year.分析記事 • Feb 21Earnings Troubles May Signal Larger Issues for FORCSLtd (KOSDAQ:189690) ShareholdersThe subdued market reaction suggests that FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) recent earnings didn't contain any...Reported Earnings • Feb 20Second quarter 2025 earnings released: EPS: ₩175 (vs ₩132 in 2Q 2024)Second quarter 2025 results: EPS: ₩175 (up from ₩132 in 2Q 2024). Revenue: ₩10.6b (down 3.8% from 2Q 2024). Net income: ₩4.45b (up 23% from 2Q 2024). Profit margin: 42% (up from 33% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year.Reported Earnings • Feb 18Second quarter 2024 earnings released: EPS: ₩132 (vs ₩427 in 2Q 2023)Second quarter 2024 results: EPS: ₩132 (down from ₩427 in 2Q 2023). Revenue: ₩11.0b (down 14% from 2Q 2023). Net income: ₩3.61b (down 7.0% from 2Q 2023). Profit margin: 33% (up from 30% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.Reported Earnings • Nov 19First quarter 2024 earnings released: EPS: ₩47.00 (vs ₩10.00 in 1Q 2023)First quarter 2024 results: EPS: ₩47.00 (up from ₩10.00 in 1Q 2023). Revenue: ₩7.22b (down 6.8% from 1Q 2023). Net income: ₩1.10b (up ₩1.01b from 1Q 2023). Profit margin: 15% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesNew Risk • Nov 29New major risk - Revenue and earnings growthEarnings have declined by 0.1% 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 0.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩56.7b market cap, or US$38.6m).分析記事 • Sep 23Some Investors May Be Willing To Look Past FORCSLtd's (KOSDAQ:189690) Soft EarningsSoft earnings didn't appear to concern FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) shareholders over the last week. We did some...Reported Earnings • Sep 18Full year 2025 earnings released: EPS: ₩178 (vs ₩179 in FY 2024)Full year 2025 results: EPS: ₩178 (down from ₩179 in FY 2024). Revenue: ₩32.9b (up 5.1% from FY 2024). Net income: ₩4.55b (down 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Sep 08FORCS Co.,Ltd., Annual General Meeting, Sep 24, 2025FORCS Co.,Ltd., Annual General Meeting, Sep 24, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 646, nonhyeon-ro, gangnam-gu, seoul South Korea分析記事 • Jun 24FORCS Co.,Ltd. (KOSDAQ:189690) Stock Rockets 31% As Investors Are Less Pessimistic Than ExpectedFORCS Co.,Ltd. ( KOSDAQ:189690 ) shareholders have had their patience rewarded with a 31% share price jump in the last...Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩2,825, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 25% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 October 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.5%).分析記事 • May 31FORCSLtd (KOSDAQ:189690) Is Due To Pay A Dividend Of ₩50.00FORCS Co.,Ltd. ( KOSDAQ:189690 ) has announced that it will pay a dividend of ₩50.00 per share on the 17th of October...Declared Dividend • May 31Dividend of ₩50.00 announcedDividend of ₩50.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 17th October 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 11% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 30FORCS Co.,Ltd. announces Annual dividend, payable on October 17, 2025FORCS Co.,Ltd. announced Annual dividend of KRW 50.0000 per share payable on October 17, 2025, ex-date on June 27, 2025 and record date on June 30, 2025.分析記事 • Feb 21Earnings Troubles May Signal Larger Issues for FORCSLtd (KOSDAQ:189690) ShareholdersThe subdued market reaction suggests that FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) recent earnings didn't contain any...Reported Earnings • Feb 20Second quarter 2025 earnings released: EPS: ₩175 (vs ₩132 in 2Q 2024)Second quarter 2025 results: EPS: ₩175 (up from ₩132 in 2Q 2024). Revenue: ₩10.6b (down 3.8% from 2Q 2024). Net income: ₩4.45b (up 23% from 2Q 2024). Profit margin: 42% (up from 33% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩56.7b market cap, or US$39.5m).New Risk • Nov 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (₩57.5b market cap, or US$41.1m).お知らせ • Sep 11FORCS Co.,Ltd., Annual General Meeting, Sep 25, 2024FORCS Co.,Ltd., Annual General Meeting, Sep 25, 2024, at 09:01 Tokyo Standard Time. Location: conference room, 646, nonhyeon-ro, gangnam-gu, seoul South KoreaUpcoming Dividend • Jun 20Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 17 October 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (1.4%).Reported Earnings • Feb 18Second quarter 2024 earnings released: EPS: ₩132 (vs ₩427 in 2Q 2023)Second quarter 2024 results: EPS: ₩132 (down from ₩427 in 2Q 2023). Revenue: ₩11.0b (down 14% from 2Q 2023). Net income: ₩3.61b (down 7.0% from 2Q 2023). Profit margin: 33% (up from 30% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩2,980, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 21x in the Software industry in South Korea. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩3,525, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 21x in the Software industry in South Korea. Total returns to shareholders of 60% over the past three years.Buying Opportunity • Jan 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be ₩3,405, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 14%.New Risk • Dec 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩73.1b market cap, or US$56.0m).Buying Opportunity • Nov 24Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₩3,452, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%.Reported Earnings • Nov 19First quarter 2024 earnings released: EPS: ₩47.00 (vs ₩10.00 in 1Q 2023)First quarter 2024 results: EPS: ₩47.00 (up from ₩10.00 in 1Q 2023). Revenue: ₩7.22b (down 6.8% from 1Q 2023). Net income: ₩1.10b (up ₩1.01b from 1Q 2023). Profit margin: 15% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩3,290, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 17x in the Software industry in South Korea. Total returns to shareholders of 38% over the past three years.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩2,550, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 18x in the Software industry in South Korea. Negligible returns to shareholders over past three years.Reported Earnings • Sep 20Full year 2023 earnings released: EPS: ₩576 (vs ₩722 in FY 2022)Full year 2023 results: EPS: ₩576 (down from ₩722 in FY 2022). Revenue: ₩33.2b (up 12% from FY 2022). Net income: ₩5.24b (down 20% from FY 2022). Profit margin: 16% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,400, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 18x in the Software industry in South Korea. Total returns to shareholders of 16% over the past three years.New Risk • Jul 04New 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 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (₩109.0b market cap, or US$83.8m).Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₩3,990, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 75% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of ₩100.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (3.2%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩8,290, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 63% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 25 October 2022. Payout ratio is a comfortable 13% and the cash payout ratio is 96%. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.2%). Lower than average of industry peers (1.7%).Reported Earnings • Nov 18First quarter 2022 earnings released: EPS ₩55.00 (vs ₩10.00 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₩5.35b (up 29% from 1Q 2021). Net income: ₩503.2m (up ₩584.9m from 1Q 2021). Profit margin: 9.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 22Upcoming dividend of ₩95.24 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 October 2021. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (2.1%). Higher than average of industry peers (0.8%).Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩10,150, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 23x in the Software industry in South Korea. Total returns to shareholders of 57% over the past three years.Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩8,800, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 27x in the Software industry in South Korea. Total returns to shareholders of 21% over the past three years.分析記事 • Apr 19Estimating The Intrinsic Value Of FORCS Co.,Ltd. (KOSDAQ:189690)In this article we are going to estimate the intrinsic value of FORCS Co.,Ltd. ( KOSDAQ:189690 ) by taking the expected...分析記事 • Mar 09Does FORCS Co.,Ltd. (KOSDAQ:189690) Have A Place In Your Dividend Portfolio?Dividend paying stocks like FORCS Co.,Ltd. ( KOSDAQ:189690 ) tend to be popular with investors, and for good reason...Is New 90 Day High Low • Feb 24New 90-day low: ₩6,800The company is down 16% from its price of ₩8,050 on 26 November 2020. The South Korean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period.Reported Earnings • Feb 20Second quarter 2021 earnings released: EPS ₩305 (vs ₩335 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₩8.33b (up 8.8% from 2Q 2020). Net income: ₩2.44b (down 9.5% from 2Q 2020). Profit margin: 29% (down from 35% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is well ahead of earnings.分析記事 • Feb 19Can You Imagine How FORCSLtd's (KOSDAQ:189690) Shareholders Feel About The 28% Share Price Increase?It hasn't been the best quarter for FORCS Co.,Ltd. ( KOSDAQ:189690 ) shareholders, since the share price has fallen 14...分析記事 • Feb 01We're Watching These Trends At FORCSLtd (KOSDAQ:189690)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Is New 90 Day High Low • Jan 29New 90-day low: ₩7,160The company is down 12% from its price of ₩8,100 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.分析記事 • Jan 14Is Now The Time To Put FORCSLtd (KOSDAQ:189690) On Your Watchlist?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Is New 90 Day High Low • Jan 11New 90-day low: ₩7,220The company is down 18% from its price of ₩8,800 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 Software industry, which is up 8.0% over the same period.分析記事 • Dec 25Is FORCS Co.,Ltd.'s (KOSDAQ:189690) Stock Price Struggling As A Result Of Its Mixed Financials?FORCSLtd (KOSDAQ:189690) has had a rough month with its share price down 11%. It seems that the market might have...Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 17% share price gain to ₩8,700, the stock is trading at a trailing P/E ratio of 16.8x, up from the previous P/E ratio of 14.3x. This compares to an average P/E of 21x in the Software industry in South Korea. Total returns to shareholders over the past three years are 91%.分析記事 • Dec 07Consider This Before Buying FORCS Co.,Ltd. (KOSDAQ:189690) For The 1.2% DividendCould FORCS Co.,Ltd. ( KOSDAQ:189690 ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Dec 02New 90-day low: ₩7,410The company is down 7.0% from its price of ₩7,960 on 03 September 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period.Reported Earnings • Nov 20First quarter 2021 earnings released: ₩10.00 loss per shareThe company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: ₩4.13b (down 1.0% from 1Q 2020). Net loss: ₩81.7m (down 110% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.分析記事 • Nov 17FORCSLtd (KOSDAQ:189690) Shareholders Booked A 61% Gain In The Last Three YearsBy buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...収支内訳FORCSLtd 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:A189690 収益、費用、利益 ( )KRW Millions日付収益収益G+A経費研究開発費31 Dec 2533,0104,49410,6773,11730 Sep 2531,0274,29310,9523,42830 Jun 2532,8894,55110,8693,46531 Mar 2532,9534,84712,3743,30131 Dec 2433,0805,04412,3893,05930 Sep 2433,4974,21012,2652,92630 Jun 2431,3024,73412,2402,82931 Mar 2430,6485,53610,9172,81131 Dec 2330,9815,98410,8002,75430 Sep 2332,7256,25710,6622,62630 Jun 2333,2475,24410,3262,47531 Mar 2335,1306,41310,6722,49531 Dec 2234,0876,19610,4062,61430 Sep 2232,0036,15610,0402,65430 Jun 2229,6146,5769,6332,75431 Mar 2228,1236,0909,0182,54131 Dec 2127,2896,2458,6292,37930 Sep 2124,9204,8378,7832,27430 Jun 2123,7054,2528,6872,20131 Mar 2123,3284,4718,8552,20331 Dec 2022,3303,9518,7512,16930 Sep 2021,6564,2068,3472,13730 Jun 2021,6995,1258,3831,98231 Mar 2020,2853,9937,6871,90231 Dec 1920,1604,0627,5821,81130 Sep 1920,2932,4837,0831,79130 Jun 1919,7451,8826,7731,74031 Mar 1918,9514,7204,8703,11831 Dec 1818,4524,4094,9173,33730 Sep 1818,6036,3277,1111,87430 Jun 1818,0836,3246,9732,02131 Mar 1817,7893,7778,84465131 Dec 1717,2303,8648,67938530 Sep 1713,5832,3676,3801,73630 Jun 1712,8242,0786,2601,65231 Mar 1713,2892,8925,9091,43931 Dec 1613,5283,6015,6461,55630 Sep 1614,2034,3595,2601,68730 Jun 1614,0134,2635,2471,73231 Mar 1614,7674,4075,1761,97031 Dec 1514,0834,1574,8971,95030 Sep 1512,9894,2334,9521,87030 Jun 1513,1385,0804,6571,771質の高い収益: A189690は 高品質の収益 を持っています。利益率の向上: A189690の現在の純利益率 (13.6%)は、昨年(15.2%)よりも低くなっています。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: A189690の収益は過去 5 年間で年間2%減少しました。成長の加速: A189690は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: A189690は過去 1 年間で収益成長率がマイナス ( -10.9% ) となったため、 Software業界平均 ( 3.6% ) と比較することが困難です。株主資本利益率高いROE: A189690の 自己資本利益率 ( 5.7% ) は 低い とみなされます。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2026/05/07 06:41終値2026/05/07 00:00収益2025/12/31年間収益2025/06/30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FORCS 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Jin-Hyoeng ParkYuanta Securities Korea Co., Ltd.
分析記事 • Sep 23Some Investors May Be Willing To Look Past FORCSLtd's (KOSDAQ:189690) Soft EarningsSoft earnings didn't appear to concern FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) shareholders over the last week. We did some...
Reported Earnings • Sep 18Full year 2025 earnings released: EPS: ₩178 (vs ₩179 in FY 2024)Full year 2025 results: EPS: ₩178 (down from ₩179 in FY 2024). Revenue: ₩32.9b (up 5.1% from FY 2024). Net income: ₩4.55b (down 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year.
分析記事 • Feb 21Earnings Troubles May Signal Larger Issues for FORCSLtd (KOSDAQ:189690) ShareholdersThe subdued market reaction suggests that FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) recent earnings didn't contain any...
Reported Earnings • Feb 20Second quarter 2025 earnings released: EPS: ₩175 (vs ₩132 in 2Q 2024)Second quarter 2025 results: EPS: ₩175 (up from ₩132 in 2Q 2024). Revenue: ₩10.6b (down 3.8% from 2Q 2024). Net income: ₩4.45b (up 23% from 2Q 2024). Profit margin: 42% (up from 33% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year.
Reported Earnings • Feb 18Second quarter 2024 earnings released: EPS: ₩132 (vs ₩427 in 2Q 2023)Second quarter 2024 results: EPS: ₩132 (down from ₩427 in 2Q 2023). Revenue: ₩11.0b (down 14% from 2Q 2023). Net income: ₩3.61b (down 7.0% from 2Q 2023). Profit margin: 33% (up from 30% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.
Reported Earnings • Nov 19First quarter 2024 earnings released: EPS: ₩47.00 (vs ₩10.00 in 1Q 2023)First quarter 2024 results: EPS: ₩47.00 (up from ₩10.00 in 1Q 2023). Revenue: ₩7.22b (down 6.8% from 1Q 2023). Net income: ₩1.10b (up ₩1.01b from 1Q 2023). Profit margin: 15% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 29New major risk - Revenue and earnings growthEarnings have declined by 0.1% 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 0.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩56.7b market cap, or US$38.6m).
分析記事 • Sep 23Some Investors May Be Willing To Look Past FORCSLtd's (KOSDAQ:189690) Soft EarningsSoft earnings didn't appear to concern FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) shareholders over the last week. We did some...
Reported Earnings • Sep 18Full year 2025 earnings released: EPS: ₩178 (vs ₩179 in FY 2024)Full year 2025 results: EPS: ₩178 (down from ₩179 in FY 2024). Revenue: ₩32.9b (up 5.1% from FY 2024). Net income: ₩4.55b (down 3.9% from FY 2024). Profit margin: 14% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Sep 08FORCS Co.,Ltd., Annual General Meeting, Sep 24, 2025FORCS Co.,Ltd., Annual General Meeting, Sep 24, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 646, nonhyeon-ro, gangnam-gu, seoul South Korea
分析記事 • Jun 24FORCS Co.,Ltd. (KOSDAQ:189690) Stock Rockets 31% As Investors Are Less Pessimistic Than ExpectedFORCS Co.,Ltd. ( KOSDAQ:189690 ) shareholders have had their patience rewarded with a 31% share price jump in the last...
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩2,825, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 25% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 17 October 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.5%).
分析記事 • May 31FORCSLtd (KOSDAQ:189690) Is Due To Pay A Dividend Of ₩50.00FORCS Co.,Ltd. ( KOSDAQ:189690 ) has announced that it will pay a dividend of ₩50.00 per share on the 17th of October...
Declared Dividend • May 31Dividend of ₩50.00 announcedDividend of ₩50.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 17th October 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 11% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 30FORCS Co.,Ltd. announces Annual dividend, payable on October 17, 2025FORCS Co.,Ltd. announced Annual dividend of KRW 50.0000 per share payable on October 17, 2025, ex-date on June 27, 2025 and record date on June 30, 2025.
分析記事 • Feb 21Earnings Troubles May Signal Larger Issues for FORCSLtd (KOSDAQ:189690) ShareholdersThe subdued market reaction suggests that FORCS Co.,Ltd.'s ( KOSDAQ:189690 ) recent earnings didn't contain any...
Reported Earnings • Feb 20Second quarter 2025 earnings released: EPS: ₩175 (vs ₩132 in 2Q 2024)Second quarter 2025 results: EPS: ₩175 (up from ₩132 in 2Q 2024). Revenue: ₩10.6b (down 3.8% from 2Q 2024). Net income: ₩4.45b (up 23% from 2Q 2024). Profit margin: 42% (up from 33% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩56.7b market cap, or US$39.5m).
New Risk • Nov 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (₩57.5b market cap, or US$41.1m).
お知らせ • Sep 11FORCS Co.,Ltd., Annual General Meeting, Sep 25, 2024FORCS Co.,Ltd., Annual General Meeting, Sep 25, 2024, at 09:01 Tokyo Standard Time. Location: conference room, 646, nonhyeon-ro, gangnam-gu, seoul South Korea
Upcoming Dividend • Jun 20Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 17 October 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (1.4%).
Reported Earnings • Feb 18Second quarter 2024 earnings released: EPS: ₩132 (vs ₩427 in 2Q 2023)Second quarter 2024 results: EPS: ₩132 (down from ₩427 in 2Q 2023). Revenue: ₩11.0b (down 14% from 2Q 2023). Net income: ₩3.61b (down 7.0% from 2Q 2023). Profit margin: 33% (up from 30% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩2,980, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 21x in the Software industry in South Korea. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩3,525, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 21x in the Software industry in South Korea. Total returns to shareholders of 60% over the past three years.
Buying Opportunity • Jan 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be ₩3,405, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 14%.
New Risk • Dec 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩73.1b market cap, or US$56.0m).
Buying Opportunity • Nov 24Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₩3,452, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%.
Reported Earnings • Nov 19First quarter 2024 earnings released: EPS: ₩47.00 (vs ₩10.00 in 1Q 2023)First quarter 2024 results: EPS: ₩47.00 (up from ₩10.00 in 1Q 2023). Revenue: ₩7.22b (down 6.8% from 1Q 2023). Net income: ₩1.10b (up ₩1.01b from 1Q 2023). Profit margin: 15% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩3,290, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 17x in the Software industry in South Korea. Total returns to shareholders of 38% over the past three years.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩2,550, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 18x in the Software industry in South Korea. Negligible returns to shareholders over past three years.
Reported Earnings • Sep 20Full year 2023 earnings released: EPS: ₩576 (vs ₩722 in FY 2022)Full year 2023 results: EPS: ₩576 (down from ₩722 in FY 2022). Revenue: ₩33.2b (up 12% from FY 2022). Net income: ₩5.24b (down 20% from FY 2022). Profit margin: 16% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,400, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 18x in the Software industry in South Korea. Total returns to shareholders of 16% over the past three years.
New Risk • Jul 04New 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 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (₩109.0b market cap, or US$83.8m).
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₩3,990, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 75% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of ₩100.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (3.2%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩8,290, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 63% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 25 October 2022. Payout ratio is a comfortable 13% and the cash payout ratio is 96%. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.2%). Lower than average of industry peers (1.7%).
Reported Earnings • Nov 18First quarter 2022 earnings released: EPS ₩55.00 (vs ₩10.00 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₩5.35b (up 29% from 1Q 2021). Net income: ₩503.2m (up ₩584.9m from 1Q 2021). Profit margin: 9.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 22Upcoming dividend of ₩95.24 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 October 2021. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (2.1%). Higher than average of industry peers (0.8%).
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩10,150, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 23x in the Software industry in South Korea. Total returns to shareholders of 57% over the past three years.
Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩8,800, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 27x in the Software industry in South Korea. Total returns to shareholders of 21% over the past three years.
分析記事 • Apr 19Estimating The Intrinsic Value Of FORCS Co.,Ltd. (KOSDAQ:189690)In this article we are going to estimate the intrinsic value of FORCS Co.,Ltd. ( KOSDAQ:189690 ) by taking the expected...
分析記事 • Mar 09Does FORCS Co.,Ltd. (KOSDAQ:189690) Have A Place In Your Dividend Portfolio?Dividend paying stocks like FORCS Co.,Ltd. ( KOSDAQ:189690 ) tend to be popular with investors, and for good reason...
Is New 90 Day High Low • Feb 24New 90-day low: ₩6,800The company is down 16% from its price of ₩8,050 on 26 November 2020. The South Korean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period.
Reported Earnings • Feb 20Second quarter 2021 earnings released: EPS ₩305 (vs ₩335 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₩8.33b (up 8.8% from 2Q 2020). Net income: ₩2.44b (down 9.5% from 2Q 2020). Profit margin: 29% (down from 35% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is well ahead of earnings.
分析記事 • Feb 19Can You Imagine How FORCSLtd's (KOSDAQ:189690) Shareholders Feel About The 28% Share Price Increase?It hasn't been the best quarter for FORCS Co.,Ltd. ( KOSDAQ:189690 ) shareholders, since the share price has fallen 14...
分析記事 • Feb 01We're Watching These Trends At FORCSLtd (KOSDAQ:189690)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Is New 90 Day High Low • Jan 29New 90-day low: ₩7,160The company is down 12% from its price of ₩8,100 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.
分析記事 • Jan 14Is Now The Time To Put FORCSLtd (KOSDAQ:189690) On Your Watchlist?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Is New 90 Day High Low • Jan 11New 90-day low: ₩7,220The company is down 18% from its price of ₩8,800 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 Software industry, which is up 8.0% over the same period.
分析記事 • Dec 25Is FORCS Co.,Ltd.'s (KOSDAQ:189690) Stock Price Struggling As A Result Of Its Mixed Financials?FORCSLtd (KOSDAQ:189690) has had a rough month with its share price down 11%. It seems that the market might have...
Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 17% share price gain to ₩8,700, the stock is trading at a trailing P/E ratio of 16.8x, up from the previous P/E ratio of 14.3x. This compares to an average P/E of 21x in the Software industry in South Korea. Total returns to shareholders over the past three years are 91%.
分析記事 • Dec 07Consider This Before Buying FORCS Co.,Ltd. (KOSDAQ:189690) For The 1.2% DividendCould FORCS Co.,Ltd. ( KOSDAQ:189690 ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Dec 02New 90-day low: ₩7,410The company is down 7.0% from its price of ₩7,960 on 03 September 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period.
Reported Earnings • Nov 20First quarter 2021 earnings released: ₩10.00 loss per shareThe company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: ₩4.13b (down 1.0% from 1Q 2020). Net loss: ₩81.7m (down 110% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
分析記事 • Nov 17FORCSLtd (KOSDAQ:189690) Shareholders Booked A 61% Gain In The Last Three YearsBy buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...