View ValuationDouzone Bizon 将来の成長Future 基準チェック /16Douzone Bizon利益と収益がそれぞれ年間15.4%と9.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に16.6% 13.3%なると予測されています。主要情報15.4%収益成長率13.28%EPS成長率Software 収益成長31.8%収益成長率9.4%将来の株主資本利益率16.60%アナリストカバレッジGood最終更新日15 Mar 2026今後の成長に関する最新情報Price Target Changed • Jan 16Price target increased by 7.4% to ₩96,500Up from ₩89,813, the current price target is an average from 7 analysts. New target price is 5.0% above last closing price of ₩91,900. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₩2,551 for next year compared to ₩2,170 last year.Price Target Changed • Nov 17Price target increased by 9.9% to ₩89,813Up from ₩81,714, the current price target is an average from 8 analysts. New target price is 5.1% below last closing price of ₩94,600. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₩2,561 for next year compared to ₩2,170 last year.Major Estimate Revision • Nov 11Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩433.0m to ₩446.0m. EPS estimate increased from ₩2,202 to ₩2,487 per share. Net income forecast to grow 41% next year vs 44% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩81,571. Share price fell 7.6% to ₩84,700 over the past week.Price Target Changed • Feb 07Price target increased by 11% to ₩85,286Up from ₩77,000, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ₩85,700. Stock is up 72% over the past year. The company is forecast to post earnings per share of ₩1,760 for next year compared to ₩889 last year.Major Estimate Revision • Feb 07Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩443.0m to ₩462.0m. EPS estimate increased from ₩2,080 to ₩2,468 per share. Net income forecast to grow 28% next year vs 37% growth forecast for Software industry in South Korea. Consensus price target up from ₩81,941 to ₩85,286. Share price rose 24% to ₩85,100 over the past week.Major Estimate Revision • Nov 06Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩1,868 to ₩2,135. Revenue forecast steady at ₩404.2m. Net income forecast to grow 48% next year vs 48% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩75,571. Share price rose 8.0% to ₩63,600 over the past week.すべての更新を表示Recent updatesお知らせ • Apr 28Doronicum Co., Ltd. proposed to acquire remaining 6.21% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for approximately KRW 210 billion.Doronicum Co., Ltd. proposed to acquire remaining 6.21% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for approximately KRW 210 billion on April 27, 2026. The consideration consists of common equity of Doronicum Co., Ltd. to be issued for common equity of Douzone Bizon Co., Ltd. . Upon completion, Doronicum Co., Ltd. will own 100% stake in Douzone Bizon Co., Ltd. The Board of Directors of Douzone Bizon Co., Ltd. formed a special committee for the transaction. The expected completion of the transaction is June 30, 2026. Samil accounting firm acted as fairness opinion provider to Douzone Bizon Co., Ltd. Law Firm LIN P.C. acted as legal advisor to Douzone Bizon Co., Ltd.お知らせ • Mar 27BPEA Private Equity Fund IX, managed by EQT Private Capital Asi acquired 37.60% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Young-woo, Shinhan Value Up The First, Co. Ltd., Shinhan Douzone Wehago 1st Co., Ltd and Shinhan Douzone Wehago 2nd Co., Ltd.BPEA Private Equity Fund IX, managed by EQT Private Capital Asia entered into share purchase agreement to acquire 37.60% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Young-woo, Shinhan Value Up The First, Co. Ltd., Shinhan Douzone Wehago 1st Co., Ltd and Shinhan Douzone Wehago 2nd Co., Ltd. for KRW 1.2 trillion on November 6, 2025. A cash consideration of KRW 1.3 trillion will be paid by EQT. As part of consideration, KRW 1.2 trillion is paid towards common equity, and KRW 130 billion is paid towards convertible preferred stock of Douzone Bizon Co., Ltd. The stake consists of the entire 23.2% held by Young-woo Kim and 14.4% held by affiliates of Shinhan Financial Group. Upon completion, the transaction would result in EQT holding 37.6% of shares outstanding (34.8% based on shares issued, including treasury shares) in Douzone Bizon. The transaction is subject to customary regulatory approvals including merger control clearance and licensing authorization from the Ministry of Trade, Industry, and Resources. BPEA Private Equity Fund IX, managed by EQT Private Capital Asia completed the acquisition of 37.60% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Young-woo, Shinhan Value Up The First, Co. Ltd., Shinhan Douzone Wehago 1st Co., Ltd and Shinhan Douzone Wehago 2nd Co., Ltd. on March 26, 2026.Reported Earnings • Mar 24Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩3,104 (up from ₩2,170 in FY 2024). Revenue: ₩446.3b (up 11% from FY 2024). Net income: ₩92.3b (up 57% from FY 2024). Profit margin: 21% (up from 15% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 27Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2026Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 130, beodeul 1-gil, namsan-myeon, gangwon-do, chuncheon South Koreaお知らせ • Feb 23EQT Partners Korea Co., Ltd. proposed to acquire an additional 57.69% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for KRW 2.2 trillion.EQT Partners Korea Co., Ltd. proposed to acquire an additional 57.69% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for KRW 2.2 trillion on February 22, 2026. A cash consideration valued at KRW 12,0000 per share will be paid by EQT Partners Korea Co., Ltd. The price paid in the offer is identical to the amount paid late last year when EQT acquired a 34.85% stake from Chairman Kim Yong-woo and existing financial investors. If EQT secures the full target amount in the tender offer, it will hold a 92.52% stake in Douzone Bizon excluding the Douzone Bizon’s 7.47% treasury shares, EQT would effectively control 100% of Douzone Bizon. Post that, EQT plans to proceed with a delisting and convert Douzone Bizon into a wholly owned subsidiary of EQT Partners. Former controlling shareholder Chairman and controlling shareholder of Douzone Bizon Kim Yong-woo will serve as company advisor and EQT AB industrial advisor for one year. The transaction will be funded through KRW 436.387 billion from Own funds, has been deposited in an account opened at NH Investment & Securities under the purchaser's name as of the date of submission of the public offering report and KRW 1.745 trillion corresponds to borrowed funds, will be deposited in an NH Investment & Securities account under the purchaser's name by March 20, 2026, after the submission of this public offering report. The Public offering period will commence from February 23, 2026 and expected to close on March 24, 2026. NH Investment & Securities Co., Ltd. acted as Tender offer agent for the offeror.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₩118,600, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Software industry in South Korea. Total returns to shareholders of 253% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩109,426 per share.Upcoming Dividend • Feb 19Upcoming dividend of ₩640 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 25 April 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.4%). Lower than average of industry peers (1.7%).お知らせ • Feb 05Douzone Bizon Co., Ltd. announces Annual dividend, payable on April 25, 2026Douzone Bizon Co., Ltd. announced Annual dividend of KRW 640.0000 per share payable on April 25, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.Buy Or Sell Opportunity • Feb 05Now 21% undervaluedOver the last 90 days, the stock has risen 4.6% to ₩86,600. The fair value is estimated to be ₩109,362, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Price Target Changed • Jan 16Price target increased by 7.4% to ₩96,500Up from ₩89,813, the current price target is an average from 7 analysts. New target price is 5.0% above last closing price of ₩91,900. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₩2,551 for next year compared to ₩2,170 last year.Buy Or Sell Opportunity • Dec 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.2% to ₩85,000. The fair value is estimated to be ₩106,867, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.Price Target Changed • Nov 17Price target increased by 9.9% to ₩89,813Up from ₩81,714, the current price target is an average from 8 analysts. New target price is 5.1% below last closing price of ₩94,600. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₩2,561 for next year compared to ₩2,170 last year.Major Estimate Revision • Nov 11Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩433.0m to ₩446.0m. EPS estimate increased from ₩2,202 to ₩2,487 per share. Net income forecast to grow 41% next year vs 44% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩81,571. Share price fell 7.6% to ₩84,700 over the past week.Buy Or Sell Opportunity • Nov 07Now 22% undervaluedOver the last 90 days, the stock has risen 22% to ₩81,700. The fair value is estimated to be ₩104,160, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.お知らせ • Nov 07Douzone Bizon Co., Ltd. announced that it expects to receive KRW 1300 billion in funding from EQT Partners ABDouzone Bizon Co., Ltd. announced that it has entered into share purchase agreement to issue common shares for gross proceeds of KRW 1,300,000,000,000 on November 6, 2025. The transaction includes participation from new investor, EQT Partners AB. Upon completion, the transaction would result in EQT holding 37.6% of shares outstanding in the company.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩77,200, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩89,778 per share.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩79,100, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩111,176 per share.New Risk • Jun 26New 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 9.2% 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. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jun 25Now 23% undervaluedOver the last 90 days, the stock has risen 23% to ₩72,400. The fair value is estimated to be ₩94,581, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩70,100, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Software industry in South Korea. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩94,071 per share.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩61,100, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Software industry in South Korea. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩87,254 per share.Upcoming Dividend • Mar 21Upcoming dividend of ₩477 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 01 April 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩57,700, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 12x in the Software industry in South Korea. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩59,788 per share.New Risk • Mar 11New 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 9.0% 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. This is currently the only risk that has been identified for the company.お知らせ • Feb 26Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2025Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 130, beodeul 1-gil, namsan-myeon, gangwon-do, chuncheon South KoreaPrice Target Changed • Feb 07Price target increased by 11% to ₩85,286Up from ₩77,000, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ₩85,700. Stock is up 72% over the past year. The company is forecast to post earnings per share of ₩1,760 for next year compared to ₩889 last year.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩85,700, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 13x in the Software industry in South Korea. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩62,260 per share.Major Estimate Revision • Feb 07Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩443.0m to ₩462.0m. EPS estimate increased from ₩2,080 to ₩2,468 per share. Net income forecast to grow 28% next year vs 37% growth forecast for Software industry in South Korea. Consensus price target up from ₩81,941 to ₩85,286. Share price rose 24% to ₩85,100 over the past week.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩65,900, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 12x in the Software industry in South Korea. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩69,757 per share.Buy Or Sell Opportunity • Jan 06Now 22% undervaluedOver the last 90 days, the stock has risen 20% to ₩56,500. The fair value is estimated to be ₩72,573, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.New Risk • Nov 07New 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 8.1% 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. This is currently the only risk that has been identified for the company.Major Estimate Revision • Nov 06Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩1,868 to ₩2,135. Revenue forecast steady at ₩404.2m. Net income forecast to grow 48% next year vs 48% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩75,571. Share price rose 8.0% to ₩63,600 over the past week.Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩58,900, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 9x in the Software industry in South Korea. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩91,413 per share.Major Estimate Revision • Aug 07Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩1,950 to ₩1,699 per share. Revenue forecast steady at ₩407.8m. Net income forecast to grow 79% next year vs 64% growth forecast for Software industry in South Korea. Consensus price target down from ₩77,171 to ₩75,000. Share price fell 7.2% to ₩56,800 over the past week.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to ₩50,700, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Software industry in South Korea. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩100,787 per share.Buy Or Sell Opportunity • Jul 11Now 21% undervaluedOver the last 90 days, the stock has risen 21% to ₩71,300. The fair value is estimated to be ₩90,746, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 79% in the next 2 years.Price Target Changed • Jul 08Price target increased by 14% to ₩68,886Up from ₩60,667, the current price target is an average from 7 analysts. New target price is 8.5% below last closing price of ₩75,300. Stock is up 166% over the past year. The company is forecast to post earnings per share of ₩1,875 for next year compared to ₩889 last year.Buy Or Sell Opportunity • Jul 01Now 5.3% undervaluedOver the last 90 days, the stock has risen 60% to ₩71,700. The fair value is estimated to be ₩75,731, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩75,900, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 7.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,712 per share.分析記事 • Jun 26Does Douzone Bizon (KRX:012510) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Buy Or Sell Opportunity • Jun 21Now 21% undervaluedOver the last 90 days, the stock has risen 31% to ₩57,100. The fair value is estimated to be ₩72,375, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩69,800, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 18x in the Software industry in South Korea. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩72,641 per share.Buy Or Sell Opportunity • May 22Now 20% undervaluedOver the last 90 days, the stock has risen 12% to ₩59,700. The fair value is estimated to be ₩74,799, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 47%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.Major Estimate Revision • May 12Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩415.2m to ₩404.2m. EPS estimate rose from ₩1,708 to ₩1,923. Net income forecast to grow 135% next year vs 63% growth forecast for Software industry in South Korea. Consensus price target up from ₩56,500 to ₩60,833. Share price fell 7.8% to ₩51,700 over the past week.分析記事 • May 08Returns On Capital Signal Tricky Times Ahead For Douzone Bizon (KRX:012510)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...分析記事 • Apr 18Earnings Tell The Story For Douzone Bizon Co., Ltd. (KRX:012510) As Its Stock Soars 27%Douzone Bizon Co., Ltd. ( KRX:012510 ) shareholders have had their patience rewarded with a 27% share price jump in the...New Risk • Apr 12New 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 Risk High level of debt (46% net debt to equity).分析記事 • Apr 05Are Douzone Bizon Co., Ltd. (KRX:012510) Investors Paying Above The Intrinsic Value?Key Insights Douzone Bizon's estimated fair value is ₩40,300 based on 2 Stage Free Cash Flow to Equity Douzone Bizon is...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₩53,200, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩39,612 per share.Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to ₩43,050. The fair value is estimated to be ₩35,710, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 45%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 102% in the next 2 years.お知らせ • Feb 23Douzone Bizon Co., Ltd., Annual General Meeting, Mar 21, 2024Douzone Bizon Co., Ltd., Annual General Meeting, Mar 21, 2024, at 10:00 Korea Standard Time. Location: Main hall at 1F Gangchon Campus of Douzone ICT Group 130, Beodeul 1-gil, Namsan-myeon Chuncheon-si South Korea Agenda: To consider Approval of the 47th (January 1 - December 31, 2023) consolidated and non-consolidated financial statements (including surplus appropriation statement); to consider Appointment of directors (2 inside directors) - No. 2-1 agenda: Appointment of inside director Kim Yong-woo (re-appointed); to consider Changes in executive severance pay provisions; and to transact such other business matters.Major Estimate Revision • Feb 08Consensus revenue estimates increase by 14%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩362.9m to ₩412.1m. EPS estimate increased from ₩1,433 to ₩1,731 per share. Net income forecast to grow 359% next year vs 94% growth forecast for Software industry in South Korea. Consensus price target up from ₩41,700 to ₩52,200. Share price rose 13% to ₩50,100 over the past week.New Risk • Feb 07New 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 8.1% 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 High level of debt (40% net debt to equity). Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).Price Target Changed • Jan 30Price target increased by 11% to ₩41,700Up from ₩37,500, the current price target is an average from 5 analysts. New target price is 12% below last closing price of ₩47,150. Stock is up 35% over the past year. The company is forecast to post earnings per share of ₩1,153 for next year compared to ₩550 last year.お知らせ • Oct 27Douzone Bizon Co., Ltd. (KOSE:A012510) agreed to acquire DOUZONE HOLDINGS Co., Ltd.Douzone Bizon Co., Ltd. (KOSE:A012510) agreed to acquire DOUZONE HOLDINGS Co., Ltd on October 23, 2023. The transaction is expected to close on February 29, 2024.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩31,350, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Software industry in South Korea. Total loss to shareholders of 69% over the past three years.Reported Earnings • May 21First quarter 2023 earnings released: EPS: ₩235 (vs ₩297 in 1Q 2022)First quarter 2023 results: EPS: ₩235 (down from ₩297 in 1Q 2022). Revenue: ₩80.9b (up 6.9% from 1Q 2022). Net income: ₩7.81b (down 20% from 1Q 2022). Profit margin: 9.7% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • May 05Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩326.2m to ₩331.0m. EPS estimate increased from ₩1,247 to ₩1,402 per share. Net income forecast to grow 109% next year vs 53% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩36,500. Share price rose 8.0% to ₩32,900 over the past week.Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩676 (down from ₩1,704 in FY 2021). Revenue: ₩304.3b (down 4.5% from FY 2021). Net income: ₩23.8b (down 56% from FY 2021). Profit margin: 7.8% (down from 17% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 39%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.Major Estimate Revision • Mar 15Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩1,422 to ₩1,247 per share. Revenue forecast steady at ₩326.2m. Net income forecast to grow 20% next year vs 45% growth forecast for Software industry in South Korea. Consensus price target down from ₩37,450 to ₩36,617. Share price fell 27% to ₩35,600 over the past week.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩42,850, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 34x in the Software industry in Asia. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩26,504 per share.Major Estimate Revision • Feb 07Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩342.9m to ₩335.7m. EPS estimate rose from ₩1,472 to ₩1,713. Net income forecast to grow 50% next year vs 45% growth forecast for Software industry in South Korea. Consensus price target up from ₩36,000 to ₩37,117. Share price was steady at ₩35,500 over the past week.Upcoming Dividend • Dec 21Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Non-Executive Director Dongwook Kim was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Nov 01Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩317.3m to ₩313.8m. EPS estimate also fell from ₩1,386 per share to ₩1,149 per share. Net income forecast to grow 27% next year vs 50% growth forecast for Software industry in South Korea. Consensus price target down from ₩44,333 to ₩37,000. Share price rose 7.6% to ₩30,500 over the past week.Price Target Changed • Jul 31Price target decreased to ₩45,750Down from ₩51,425, the current price target is an average from 4 analysts. New target price is 42% above last closing price of ₩32,150. Stock is down 62% over the past year. The company is forecast to post earnings per share of ₩1,386 for next year compared to ₩1,610 last year.Major Estimate Revision • Jul 28Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩331.4m to ₩320.0m. EPS estimate also fell from ₩1,659 per share to ₩1,399 per share. Net income forecast to grow 1.7% next year vs 28% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩50,750. Share price fell 7.1% to ₩32,050 over the past week.Price Target Changed • Jun 23Price target decreased to ₩51,425Down from ₩68,140, the current price target is an average from 4 analysts. New target price is 53% above last closing price of ₩33,600. Stock is down 59% over the past year. The company is forecast to post earnings per share of ₩1,659 for next year compared to ₩1,610 last year.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩31,950, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Software industry in South Korea. Total loss to shareholders of 51% over the past three years.Price Target Changed • Jun 03Price target decreased to ₩68,140Down from ₩73,350, the current price target is an average from 4 analysts. New target price is 82% above last closing price of ₩37,350. Stock is down 54% over the past year. The company is forecast to post earnings per share of ₩1,659 for next year compared to ₩1,610 last year.Price Target Changed • May 04Price target decreased to ₩73,350Down from ₩80,071, the current price target is an average from 5 analysts. New target price is 80% above last closing price of ₩40,650. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩1,732 for next year compared to ₩1,704 last year.Major Estimate Revision • Apr 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩346.4m to ₩334.0m. EPS estimate also fell from ₩2,006 per share to ₩1,694 per share. Net income forecast to grow 0.2% next year vs 34% growth forecast for Software industry in South Korea. Consensus price target down from ₩80,071 to ₩77,729. Share price fell 2.5% to ₩40,850 over the past week.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Non-Executive Director Dongwook Kim was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Jan 29Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩367.4m to ₩350.8m. EPS estimate also fell from ₩2,371 per share to ₩2,002 per share. Net income forecast to grow 0.3% next year vs 16% growth forecast for Software industry in South Korea. Consensus price target down from ₩102,000 to ₩86,450. Share price fell 9.8% to ₩52,500 over the past week.Price Target Changed • Jan 28Price target decreased to ₩91,950Down from ₩102,000, the current price target is an average from 10 analysts. New target price is 75% above last closing price of ₩52,500. Stock is down 47% over the past year. The company is forecast to post earnings per share of ₩1,658 for next year compared to ₩1,710 last year.Price Target Changed • Jan 18Price target decreased to ₩103,000Down from ₩113,100, the current price target is an average from 10 analysts. New target price is 67% above last closing price of ₩61,600. Stock is down 45% over the past year. The company is forecast to post earnings per share of ₩1,665 for next year compared to ₩1,710 last year.Upcoming Dividend • Dec 22Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩80,500, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩125,424 per share.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩96,400, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 17x in the Software industry in South Korea. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩111,049 per share.Price Target Changed • May 27Price target decreased to ₩120,818Down from ₩130,400, the current price target is an average from 8 analysts. New target price is 41% above last closing price of ₩85,400. Stock is down 25% over the past year.Major Estimate Revision • Apr 29Consensus EPS estimates fall to ₩2,005The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₩363.2m to ₩343.9m. EPS estimate also fell from ₩2,245 to ₩2,005. Net income forecast to grow 8.6% next year vs 26% growth forecast for Software industry in South Korea. Consensus price target down from ₩130,400 to ₩121,900. Share price fell 3.2% to ₩85,000 over the past week.分析記事 • Apr 04Douzone Bizon (KRX:012510) Is Reinvesting At Lower Rates Of ReturnFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Mar 22Here's Why I Think Douzone Bizon (KRX:012510) Is An Interesting StockLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Reported Earnings • Mar 21Full year 2020 earnings released: EPS ₩1,830 (vs ₩1,684 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₩306.5b (up 17% from FY 2019). Net income: ₩56.8b (up 12% from FY 2019). Profit margin: 19% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 09Is Douzone Bizon (KRX:012510) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Feb 26Douzone Bizon Co., Ltd., Annual General Meeting, Mar 25, 2021Douzone Bizon Co., Ltd., Annual General Meeting, Mar 25, 2021, at 10:00 Korea Standard Time.分析記事 • Feb 22How Does Douzone Bizon Co., Ltd. (KRX:012510) Fare As A Dividend Stock?Today we'll take a closer look at Douzone Bizon Co., Ltd. ( KRX:012510 ) from a dividend investor's perspective. Owning...分析記事 • Feb 07Did You Participate In Any Of Douzone Bizon's (KRX:012510) Incredible 461% Return?Buying shares in the best businesses can build meaningful wealth for you and your family. And highest quality companies...Is New 90 Day High Low • Jan 31New 90-day low: ₩99,900The company is down 3.0% from its price of ₩102,500 on 02 November 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 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩56,430 per share.分析記事 • Jan 23Douzone Bizon Co., Ltd. (KRX:012510) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?It is hard to get excited after looking at Douzone Bizon's (KRX:012510) recent performance, when its stock has declined...Is New 90 Day High Low • Jan 11New 90-day high: ₩112,500The company is up 4.0% from its price of ₩108,000 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩56,542 per share.分析記事 • Jan 08What Type Of Shareholders Make Up Douzone Bizon Co., Ltd.'s (KRX:012510) Share Registry?A look at the shareholders of Douzone Bizon Co., Ltd. ( KRX:012510 ) can tell us which group is most powerful...分析記事 • Dec 24Is It Smart To Buy Douzone Bizon Co., Ltd. (KRX:012510) Before It Goes Ex-Dividend?Douzone Bizon Co., Ltd. ( KRX:012510 ) is about to trade ex-dividend in the next 4 days. This means that investors who...分析記事 • Dec 20Has Douzone Bizon (KRX:012510) Got What It Takes To Become A Multi-Bagger?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...分析記事 • Dec 05Douzone Bizon (KRX:012510) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Nov 22Key Things To Consider Before Buying Douzone Bizon Co., Ltd. (KRX:012510) For Its DividendIs Douzone Bizon Co., Ltd. (KRX:012510) a good dividend stock? How can we tell? Dividend paying companies with growing...業績と収益の成長予測KOSE:A012510 - アナリストの将来予測と過去の財務データ ( )KRW Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028591,700158,200181,300N/A112/31/2027544,133122,067134,450145,440612/31/2026493,220109,646129,440139,767512/31/2025446,29986,992109,538129,596N/A9/30/2025430,61964,037104,785125,991N/A6/30/2025412,98853,49887,431101,328N/A3/31/2025406,52149,87883,73398,552N/A12/31/2024402,33254,30891,600103,552N/A9/30/2024394,43540,87172,67388,802N/A6/30/2024382,11233,22072,853104,729N/A3/31/2024367,64526,76770,773103,509N/A12/31/2023354,63113,84965,324101,821N/A9/30/2023327,3905,88272,300106,198N/A6/30/2023320,1149,93957,24184,302N/A3/31/2023310,02414,04551,61881,739N/A12/31/2022304,30320,08443,14977,337N/A9/30/2022312,76534,56532,74067,296N/A6/30/2022312,81738,21932,38068,243N/A3/31/2022318,59750,62233,77468,483N/A12/31/2021318,74750,90725,34660,737N/A9/30/2021323,05961,83548,68188,532N/A6/30/2021318,58061,77058,708100,426N/A3/31/2021311,10953,47447,11894,559N/A12/31/2020306,45653,34752,284105,373N/A9/30/2020294,79046,32020,22986,891N/A6/30/2020282,46646,262-457,91874,809N/A3/31/2020271,32146,820-452,02170,988N/A12/31/2019262,66448,932-449,44461,542N/A9/30/2019250,99149,408N/A47,796N/A6/30/2019243,99546,735N/A54,696N/A3/31/2019237,19744,632N/A55,672N/A12/31/2018226,93342,090N/A62,135N/A9/30/2018224,02238,970N/A65,667N/A6/30/2018216,56440,578N/A64,626N/A3/31/2018209,97040,219N/A65,725N/A12/31/2017204,44339,151N/A50,080N/A9/30/2017193,53636,048N/A53,762N/A6/30/2017187,66232,116N/A37,729N/A3/31/2017181,32529,875N/A44,148N/A12/31/2016176,76728,166N/A49,616N/A9/30/2016173,30626,371N/A48,349N/A6/30/2016170,04525,953N/A58,877N/A3/31/2016166,18323,643N/A50,438N/A12/31/2015157,73421,374N/A46,494N/A9/30/2015147,49315,503N/A35,154N/A6/30/2015142,26314,065N/A35,252N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: A012510の予測収益成長率 (年間15.4% ) は 貯蓄率 ( 3.1% ) を上回っています。収益対市場: A012510の収益 ( 15.4% ) KR市場 ( 30.4% ) よりも低い成長が予測されています。高成長収益: A012510の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: A012510の収益 ( 9.4% ) KR市場 ( 12.4% ) よりも低い成長が予測されています。高い収益成長: A012510の収益 ( 9.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: A012510の 自己資本利益率 は、3年後には低くなると予測されています ( 16.6 %)。成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 20:19終値2026/05/08 00:00収益2025/12/31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Douzone Bizon Co., Ltd. 6 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。20 アナリスト機関Joshua KimCGS InternationalSean LeeCitigroup IncHyukgi MinCLSA17 その他のアナリストを表示
Price Target Changed • Jan 16Price target increased by 7.4% to ₩96,500Up from ₩89,813, the current price target is an average from 7 analysts. New target price is 5.0% above last closing price of ₩91,900. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₩2,551 for next year compared to ₩2,170 last year.
Price Target Changed • Nov 17Price target increased by 9.9% to ₩89,813Up from ₩81,714, the current price target is an average from 8 analysts. New target price is 5.1% below last closing price of ₩94,600. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₩2,561 for next year compared to ₩2,170 last year.
Major Estimate Revision • Nov 11Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩433.0m to ₩446.0m. EPS estimate increased from ₩2,202 to ₩2,487 per share. Net income forecast to grow 41% next year vs 44% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩81,571. Share price fell 7.6% to ₩84,700 over the past week.
Price Target Changed • Feb 07Price target increased by 11% to ₩85,286Up from ₩77,000, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ₩85,700. Stock is up 72% over the past year. The company is forecast to post earnings per share of ₩1,760 for next year compared to ₩889 last year.
Major Estimate Revision • Feb 07Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩443.0m to ₩462.0m. EPS estimate increased from ₩2,080 to ₩2,468 per share. Net income forecast to grow 28% next year vs 37% growth forecast for Software industry in South Korea. Consensus price target up from ₩81,941 to ₩85,286. Share price rose 24% to ₩85,100 over the past week.
Major Estimate Revision • Nov 06Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩1,868 to ₩2,135. Revenue forecast steady at ₩404.2m. Net income forecast to grow 48% next year vs 48% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩75,571. Share price rose 8.0% to ₩63,600 over the past week.
お知らせ • Apr 28Doronicum Co., Ltd. proposed to acquire remaining 6.21% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for approximately KRW 210 billion.Doronicum Co., Ltd. proposed to acquire remaining 6.21% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for approximately KRW 210 billion on April 27, 2026. The consideration consists of common equity of Doronicum Co., Ltd. to be issued for common equity of Douzone Bizon Co., Ltd. . Upon completion, Doronicum Co., Ltd. will own 100% stake in Douzone Bizon Co., Ltd. The Board of Directors of Douzone Bizon Co., Ltd. formed a special committee for the transaction. The expected completion of the transaction is June 30, 2026. Samil accounting firm acted as fairness opinion provider to Douzone Bizon Co., Ltd. Law Firm LIN P.C. acted as legal advisor to Douzone Bizon Co., Ltd.
お知らせ • Mar 27BPEA Private Equity Fund IX, managed by EQT Private Capital Asi acquired 37.60% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Young-woo, Shinhan Value Up The First, Co. Ltd., Shinhan Douzone Wehago 1st Co., Ltd and Shinhan Douzone Wehago 2nd Co., Ltd.BPEA Private Equity Fund IX, managed by EQT Private Capital Asia entered into share purchase agreement to acquire 37.60% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Young-woo, Shinhan Value Up The First, Co. Ltd., Shinhan Douzone Wehago 1st Co., Ltd and Shinhan Douzone Wehago 2nd Co., Ltd. for KRW 1.2 trillion on November 6, 2025. A cash consideration of KRW 1.3 trillion will be paid by EQT. As part of consideration, KRW 1.2 trillion is paid towards common equity, and KRW 130 billion is paid towards convertible preferred stock of Douzone Bizon Co., Ltd. The stake consists of the entire 23.2% held by Young-woo Kim and 14.4% held by affiliates of Shinhan Financial Group. Upon completion, the transaction would result in EQT holding 37.6% of shares outstanding (34.8% based on shares issued, including treasury shares) in Douzone Bizon. The transaction is subject to customary regulatory approvals including merger control clearance and licensing authorization from the Ministry of Trade, Industry, and Resources. BPEA Private Equity Fund IX, managed by EQT Private Capital Asia completed the acquisition of 37.60% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) from Kim Young-woo, Shinhan Value Up The First, Co. Ltd., Shinhan Douzone Wehago 1st Co., Ltd and Shinhan Douzone Wehago 2nd Co., Ltd. on March 26, 2026.
Reported Earnings • Mar 24Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩3,104 (up from ₩2,170 in FY 2024). Revenue: ₩446.3b (up 11% from FY 2024). Net income: ₩92.3b (up 57% from FY 2024). Profit margin: 21% (up from 15% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 27Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2026Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 130, beodeul 1-gil, namsan-myeon, gangwon-do, chuncheon South Korea
お知らせ • Feb 23EQT Partners Korea Co., Ltd. proposed to acquire an additional 57.69% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for KRW 2.2 trillion.EQT Partners Korea Co., Ltd. proposed to acquire an additional 57.69% stake in Douzone Bizon Co., Ltd. (KOSE:A012510) for KRW 2.2 trillion on February 22, 2026. A cash consideration valued at KRW 12,0000 per share will be paid by EQT Partners Korea Co., Ltd. The price paid in the offer is identical to the amount paid late last year when EQT acquired a 34.85% stake from Chairman Kim Yong-woo and existing financial investors. If EQT secures the full target amount in the tender offer, it will hold a 92.52% stake in Douzone Bizon excluding the Douzone Bizon’s 7.47% treasury shares, EQT would effectively control 100% of Douzone Bizon. Post that, EQT plans to proceed with a delisting and convert Douzone Bizon into a wholly owned subsidiary of EQT Partners. Former controlling shareholder Chairman and controlling shareholder of Douzone Bizon Kim Yong-woo will serve as company advisor and EQT AB industrial advisor for one year. The transaction will be funded through KRW 436.387 billion from Own funds, has been deposited in an account opened at NH Investment & Securities under the purchaser's name as of the date of submission of the public offering report and KRW 1.745 trillion corresponds to borrowed funds, will be deposited in an NH Investment & Securities account under the purchaser's name by March 20, 2026, after the submission of this public offering report. The Public offering period will commence from February 23, 2026 and expected to close on March 24, 2026. NH Investment & Securities Co., Ltd. acted as Tender offer agent for the offeror.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₩118,600, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 14x in the Software industry in South Korea. Total returns to shareholders of 253% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩109,426 per share.
Upcoming Dividend • Feb 19Upcoming dividend of ₩640 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 25 April 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.4%). Lower than average of industry peers (1.7%).
お知らせ • Feb 05Douzone Bizon Co., Ltd. announces Annual dividend, payable on April 25, 2026Douzone Bizon Co., Ltd. announced Annual dividend of KRW 640.0000 per share payable on April 25, 2026, ex-date on February 26, 2026 and record date on February 27, 2026.
Buy Or Sell Opportunity • Feb 05Now 21% undervaluedOver the last 90 days, the stock has risen 4.6% to ₩86,600. The fair value is estimated to be ₩109,362, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Price Target Changed • Jan 16Price target increased by 7.4% to ₩96,500Up from ₩89,813, the current price target is an average from 7 analysts. New target price is 5.0% above last closing price of ₩91,900. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₩2,551 for next year compared to ₩2,170 last year.
Buy Or Sell Opportunity • Dec 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.2% to ₩85,000. The fair value is estimated to be ₩106,867, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 19% per annum over the same time period.
Price Target Changed • Nov 17Price target increased by 9.9% to ₩89,813Up from ₩81,714, the current price target is an average from 8 analysts. New target price is 5.1% below last closing price of ₩94,600. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₩2,561 for next year compared to ₩2,170 last year.
Major Estimate Revision • Nov 11Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩433.0m to ₩446.0m. EPS estimate increased from ₩2,202 to ₩2,487 per share. Net income forecast to grow 41% next year vs 44% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩81,571. Share price fell 7.6% to ₩84,700 over the past week.
Buy Or Sell Opportunity • Nov 07Now 22% undervaluedOver the last 90 days, the stock has risen 22% to ₩81,700. The fair value is estimated to be ₩104,160, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.
お知らせ • Nov 07Douzone Bizon Co., Ltd. announced that it expects to receive KRW 1300 billion in funding from EQT Partners ABDouzone Bizon Co., Ltd. announced that it has entered into share purchase agreement to issue common shares for gross proceeds of KRW 1,300,000,000,000 on November 6, 2025. The transaction includes participation from new investor, EQT Partners AB. Upon completion, the transaction would result in EQT holding 37.6% of shares outstanding in the company.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩77,200, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩89,778 per share.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩79,100, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩111,176 per share.
New Risk • Jun 26New 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 9.2% 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. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jun 25Now 23% undervaluedOver the last 90 days, the stock has risen 23% to ₩72,400. The fair value is estimated to be ₩94,581, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 58% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩70,100, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Software industry in South Korea. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩94,071 per share.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩61,100, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Software industry in South Korea. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩87,254 per share.
Upcoming Dividend • Mar 21Upcoming dividend of ₩477 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 01 April 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩57,700, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 12x in the Software industry in South Korea. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩59,788 per share.
New Risk • Mar 11New 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 9.0% 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. This is currently the only risk that has been identified for the company.
お知らせ • Feb 26Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2025Douzone Bizon Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 130, beodeul 1-gil, namsan-myeon, gangwon-do, chuncheon South Korea
Price Target Changed • Feb 07Price target increased by 11% to ₩85,286Up from ₩77,000, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ₩85,700. Stock is up 72% over the past year. The company is forecast to post earnings per share of ₩1,760 for next year compared to ₩889 last year.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩85,700, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 13x in the Software industry in South Korea. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩62,260 per share.
Major Estimate Revision • Feb 07Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩443.0m to ₩462.0m. EPS estimate increased from ₩2,080 to ₩2,468 per share. Net income forecast to grow 28% next year vs 37% growth forecast for Software industry in South Korea. Consensus price target up from ₩81,941 to ₩85,286. Share price rose 24% to ₩85,100 over the past week.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩65,900, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 12x in the Software industry in South Korea. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩69,757 per share.
Buy Or Sell Opportunity • Jan 06Now 22% undervaluedOver the last 90 days, the stock has risen 20% to ₩56,500. The fair value is estimated to be ₩72,573, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
New Risk • Nov 07New 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 8.1% 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. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Nov 06Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩1,868 to ₩2,135. Revenue forecast steady at ₩404.2m. Net income forecast to grow 48% next year vs 48% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩75,571. Share price rose 8.0% to ₩63,600 over the past week.
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩58,900, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 9x in the Software industry in South Korea. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩91,413 per share.
Major Estimate Revision • Aug 07Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩1,950 to ₩1,699 per share. Revenue forecast steady at ₩407.8m. Net income forecast to grow 79% next year vs 64% growth forecast for Software industry in South Korea. Consensus price target down from ₩77,171 to ₩75,000. Share price fell 7.2% to ₩56,800 over the past week.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to ₩50,700, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Software industry in South Korea. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩100,787 per share.
Buy Or Sell Opportunity • Jul 11Now 21% undervaluedOver the last 90 days, the stock has risen 21% to ₩71,300. The fair value is estimated to be ₩90,746, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 79% in the next 2 years.
Price Target Changed • Jul 08Price target increased by 14% to ₩68,886Up from ₩60,667, the current price target is an average from 7 analysts. New target price is 8.5% below last closing price of ₩75,300. Stock is up 166% over the past year. The company is forecast to post earnings per share of ₩1,875 for next year compared to ₩889 last year.
Buy Or Sell Opportunity • Jul 01Now 5.3% undervaluedOver the last 90 days, the stock has risen 60% to ₩71,700. The fair value is estimated to be ₩75,731, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩75,900, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 7.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,712 per share.
分析記事 • Jun 26Does Douzone Bizon (KRX:012510) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Buy Or Sell Opportunity • Jun 21Now 21% undervaluedOver the last 90 days, the stock has risen 31% to ₩57,100. The fair value is estimated to be ₩72,375, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩69,800, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 18x in the Software industry in South Korea. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩72,641 per share.
Buy Or Sell Opportunity • May 22Now 20% undervaluedOver the last 90 days, the stock has risen 12% to ₩59,700. The fair value is estimated to be ₩74,799, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 47%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.
Major Estimate Revision • May 12Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩415.2m to ₩404.2m. EPS estimate rose from ₩1,708 to ₩1,923. Net income forecast to grow 135% next year vs 63% growth forecast for Software industry in South Korea. Consensus price target up from ₩56,500 to ₩60,833. Share price fell 7.8% to ₩51,700 over the past week.
分析記事 • May 08Returns On Capital Signal Tricky Times Ahead For Douzone Bizon (KRX:012510)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
分析記事 • Apr 18Earnings Tell The Story For Douzone Bizon Co., Ltd. (KRX:012510) As Its Stock Soars 27%Douzone Bizon Co., Ltd. ( KRX:012510 ) shareholders have had their patience rewarded with a 27% share price jump in the...
New Risk • Apr 12New 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 Risk High level of debt (46% net debt to equity).
分析記事 • Apr 05Are Douzone Bizon Co., Ltd. (KRX:012510) Investors Paying Above The Intrinsic Value?Key Insights Douzone Bizon's estimated fair value is ₩40,300 based on 2 Stage Free Cash Flow to Equity Douzone Bizon is...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₩53,200, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩39,612 per share.
Buy Or Sell Opportunity • Mar 29Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to ₩43,050. The fair value is estimated to be ₩35,710, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 45%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 102% in the next 2 years.
お知らせ • Feb 23Douzone Bizon Co., Ltd., Annual General Meeting, Mar 21, 2024Douzone Bizon Co., Ltd., Annual General Meeting, Mar 21, 2024, at 10:00 Korea Standard Time. Location: Main hall at 1F Gangchon Campus of Douzone ICT Group 130, Beodeul 1-gil, Namsan-myeon Chuncheon-si South Korea Agenda: To consider Approval of the 47th (January 1 - December 31, 2023) consolidated and non-consolidated financial statements (including surplus appropriation statement); to consider Appointment of directors (2 inside directors) - No. 2-1 agenda: Appointment of inside director Kim Yong-woo (re-appointed); to consider Changes in executive severance pay provisions; and to transact such other business matters.
Major Estimate Revision • Feb 08Consensus revenue estimates increase by 14%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩362.9m to ₩412.1m. EPS estimate increased from ₩1,433 to ₩1,731 per share. Net income forecast to grow 359% next year vs 94% growth forecast for Software industry in South Korea. Consensus price target up from ₩41,700 to ₩52,200. Share price rose 13% to ₩50,100 over the past week.
New Risk • Feb 07New 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 8.1% 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 High level of debt (40% net debt to equity). Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).
Price Target Changed • Jan 30Price target increased by 11% to ₩41,700Up from ₩37,500, the current price target is an average from 5 analysts. New target price is 12% below last closing price of ₩47,150. Stock is up 35% over the past year. The company is forecast to post earnings per share of ₩1,153 for next year compared to ₩550 last year.
お知らせ • Oct 27Douzone Bizon Co., Ltd. (KOSE:A012510) agreed to acquire DOUZONE HOLDINGS Co., Ltd.Douzone Bizon Co., Ltd. (KOSE:A012510) agreed to acquire DOUZONE HOLDINGS Co., Ltd on October 23, 2023. The transaction is expected to close on February 29, 2024.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩31,350, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Software industry in South Korea. Total loss to shareholders of 69% over the past three years.
Reported Earnings • May 21First quarter 2023 earnings released: EPS: ₩235 (vs ₩297 in 1Q 2022)First quarter 2023 results: EPS: ₩235 (down from ₩297 in 1Q 2022). Revenue: ₩80.9b (up 6.9% from 1Q 2022). Net income: ₩7.81b (down 20% from 1Q 2022). Profit margin: 9.7% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • May 05Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩326.2m to ₩331.0m. EPS estimate increased from ₩1,247 to ₩1,402 per share. Net income forecast to grow 109% next year vs 53% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩36,500. Share price rose 8.0% to ₩32,900 over the past week.
Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩676 (down from ₩1,704 in FY 2021). Revenue: ₩304.3b (down 4.5% from FY 2021). Net income: ₩23.8b (down 56% from FY 2021). Profit margin: 7.8% (down from 17% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 39%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.
Major Estimate Revision • Mar 15Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩1,422 to ₩1,247 per share. Revenue forecast steady at ₩326.2m. Net income forecast to grow 20% next year vs 45% growth forecast for Software industry in South Korea. Consensus price target down from ₩37,450 to ₩36,617. Share price fell 27% to ₩35,600 over the past week.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩42,850, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 34x in the Software industry in Asia. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩26,504 per share.
Major Estimate Revision • Feb 07Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩342.9m to ₩335.7m. EPS estimate rose from ₩1,472 to ₩1,713. Net income forecast to grow 50% next year vs 45% growth forecast for Software industry in South Korea. Consensus price target up from ₩36,000 to ₩37,117. Share price was steady at ₩35,500 over the past week.
Upcoming Dividend • Dec 21Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Non-Executive Director Dongwook Kim was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩317.3m to ₩313.8m. EPS estimate also fell from ₩1,386 per share to ₩1,149 per share. Net income forecast to grow 27% next year vs 50% growth forecast for Software industry in South Korea. Consensus price target down from ₩44,333 to ₩37,000. Share price rose 7.6% to ₩30,500 over the past week.
Price Target Changed • Jul 31Price target decreased to ₩45,750Down from ₩51,425, the current price target is an average from 4 analysts. New target price is 42% above last closing price of ₩32,150. Stock is down 62% over the past year. The company is forecast to post earnings per share of ₩1,386 for next year compared to ₩1,610 last year.
Major Estimate Revision • Jul 28Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩331.4m to ₩320.0m. EPS estimate also fell from ₩1,659 per share to ₩1,399 per share. Net income forecast to grow 1.7% next year vs 28% growth forecast for Software industry in South Korea. Consensus price target broadly unchanged at ₩50,750. Share price fell 7.1% to ₩32,050 over the past week.
Price Target Changed • Jun 23Price target decreased to ₩51,425Down from ₩68,140, the current price target is an average from 4 analysts. New target price is 53% above last closing price of ₩33,600. Stock is down 59% over the past year. The company is forecast to post earnings per share of ₩1,659 for next year compared to ₩1,610 last year.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩31,950, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Software industry in South Korea. Total loss to shareholders of 51% over the past three years.
Price Target Changed • Jun 03Price target decreased to ₩68,140Down from ₩73,350, the current price target is an average from 4 analysts. New target price is 82% above last closing price of ₩37,350. Stock is down 54% over the past year. The company is forecast to post earnings per share of ₩1,659 for next year compared to ₩1,610 last year.
Price Target Changed • May 04Price target decreased to ₩73,350Down from ₩80,071, the current price target is an average from 5 analysts. New target price is 80% above last closing price of ₩40,650. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩1,732 for next year compared to ₩1,704 last year.
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩346.4m to ₩334.0m. EPS estimate also fell from ₩2,006 per share to ₩1,694 per share. Net income forecast to grow 0.2% next year vs 34% growth forecast for Software industry in South Korea. Consensus price target down from ₩80,071 to ₩77,729. Share price fell 2.5% to ₩40,850 over the past week.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Non-Executive Director Dongwook Kim was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Jan 29Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩367.4m to ₩350.8m. EPS estimate also fell from ₩2,371 per share to ₩2,002 per share. Net income forecast to grow 0.3% next year vs 16% growth forecast for Software industry in South Korea. Consensus price target down from ₩102,000 to ₩86,450. Share price fell 9.8% to ₩52,500 over the past week.
Price Target Changed • Jan 28Price target decreased to ₩91,950Down from ₩102,000, the current price target is an average from 10 analysts. New target price is 75% above last closing price of ₩52,500. Stock is down 47% over the past year. The company is forecast to post earnings per share of ₩1,658 for next year compared to ₩1,710 last year.
Price Target Changed • Jan 18Price target decreased to ₩103,000Down from ₩113,100, the current price target is an average from 10 analysts. New target price is 67% above last closing price of ₩61,600. Stock is down 45% over the past year. The company is forecast to post earnings per share of ₩1,665 for next year compared to ₩1,710 last year.
Upcoming Dividend • Dec 22Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩80,500, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩125,424 per share.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩96,400, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 17x in the Software industry in South Korea. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩111,049 per share.
Price Target Changed • May 27Price target decreased to ₩120,818Down from ₩130,400, the current price target is an average from 8 analysts. New target price is 41% above last closing price of ₩85,400. Stock is down 25% over the past year.
Major Estimate Revision • Apr 29Consensus EPS estimates fall to ₩2,005The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₩363.2m to ₩343.9m. EPS estimate also fell from ₩2,245 to ₩2,005. Net income forecast to grow 8.6% next year vs 26% growth forecast for Software industry in South Korea. Consensus price target down from ₩130,400 to ₩121,900. Share price fell 3.2% to ₩85,000 over the past week.
分析記事 • Apr 04Douzone Bizon (KRX:012510) Is Reinvesting At Lower Rates Of ReturnFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Mar 22Here's Why I Think Douzone Bizon (KRX:012510) Is An Interesting StockLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Reported Earnings • Mar 21Full year 2020 earnings released: EPS ₩1,830 (vs ₩1,684 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₩306.5b (up 17% from FY 2019). Net income: ₩56.8b (up 12% from FY 2019). Profit margin: 19% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 09Is Douzone Bizon (KRX:012510) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Feb 26Douzone Bizon Co., Ltd., Annual General Meeting, Mar 25, 2021Douzone Bizon Co., Ltd., Annual General Meeting, Mar 25, 2021, at 10:00 Korea Standard Time.
分析記事 • Feb 22How Does Douzone Bizon Co., Ltd. (KRX:012510) Fare As A Dividend Stock?Today we'll take a closer look at Douzone Bizon Co., Ltd. ( KRX:012510 ) from a dividend investor's perspective. Owning...
分析記事 • Feb 07Did You Participate In Any Of Douzone Bizon's (KRX:012510) Incredible 461% Return?Buying shares in the best businesses can build meaningful wealth for you and your family. And highest quality companies...
Is New 90 Day High Low • Jan 31New 90-day low: ₩99,900The company is down 3.0% from its price of ₩102,500 on 02 November 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 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩56,430 per share.
分析記事 • Jan 23Douzone Bizon Co., Ltd. (KRX:012510) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?It is hard to get excited after looking at Douzone Bizon's (KRX:012510) recent performance, when its stock has declined...
Is New 90 Day High Low • Jan 11New 90-day high: ₩112,500The company is up 4.0% from its price of ₩108,000 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩56,542 per share.
分析記事 • Jan 08What Type Of Shareholders Make Up Douzone Bizon Co., Ltd.'s (KRX:012510) Share Registry?A look at the shareholders of Douzone Bizon Co., Ltd. ( KRX:012510 ) can tell us which group is most powerful...
分析記事 • Dec 24Is It Smart To Buy Douzone Bizon Co., Ltd. (KRX:012510) Before It Goes Ex-Dividend?Douzone Bizon Co., Ltd. ( KRX:012510 ) is about to trade ex-dividend in the next 4 days. This means that investors who...
分析記事 • Dec 20Has Douzone Bizon (KRX:012510) Got What It Takes To Become A Multi-Bagger?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
分析記事 • Dec 05Douzone Bizon (KRX:012510) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Nov 22Key Things To Consider Before Buying Douzone Bizon Co., Ltd. (KRX:012510) For Its DividendIs Douzone Bizon Co., Ltd. (KRX:012510) a good dividend stock? How can we tell? Dividend paying companies with growing...