Namuga（A190510）株式概要株式会社ナムガは、カメラと3Dセンシングモジュールの設計、製造、販売を韓国内外で行っています。 詳細A190510 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性6/6配当金1/6報酬株価収益率（ 11.9 x） KR市場（ 13.2 x）を下回っています。リスク分析高いレベルの非現金収入 すべてのリスクチェックを見るA190510 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₩Current Price₩17.48k74.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-39b551b2016201920222025202620282031Revenue ₩325.7bEarnings ₩15.8bAdvancedSet Fair ValueView all narrativesNamuga Co., Ltd. 競合他社Samwha ElectricLtdSymbol: KOSE:A009470Market cap: ₩252.3bInterflexSymbol: KOSDAQ:A051370Market cap: ₩246.3bKHVATECLtdSymbol: KOSDAQ:A060720Market cap: ₩263.6bUJU ElectronicsSymbol: KOSDAQ:A065680Market cap: ₩366.2b価格と性能株価の高値、安値、推移の概要Namuga過去の株価現在の株価₩17,480.0052週高値₩28,600.0052週安値₩12,700.00ベータ1.031ヶ月の変化-8.53%3ヶ月変化-23.00%1年変化37.10%3年間の変化6.98%5年間の変化87.96%IPOからの変化111.88%最新ニュースNew Risk • 4hNew major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • May 21Now 24% overvaluedOver the last 90 days, the stock has fallen 21% to ₩18,350. The fair value is estimated to be ₩14,796, 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 grown by 5.7%.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩22,300, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 49% over the past three years.Buy Or Sell Opportunity • Apr 16Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to ₩19,200. The fair value is estimated to be ₩15,580, 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 grown by 5.7%.分析記事 • Mar 28There May Be Reason For Hope In Namuga's (KOSDAQ:190510) Disappointing EarningsThe market for Namuga Co., Ltd.'s ( KOSDAQ:190510 ) shares didn't move much after it posted weak earnings recently. We...Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₩17,500, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 7.6% over the past three years.最新情報をもっと見るRecent updatesNew Risk • 4hNew major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • May 21Now 24% overvaluedOver the last 90 days, the stock has fallen 21% to ₩18,350. The fair value is estimated to be ₩14,796, 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 grown by 5.7%.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩22,300, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 49% over the past three years.Buy Or Sell Opportunity • Apr 16Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to ₩19,200. The fair value is estimated to be ₩15,580, 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 grown by 5.7%.分析記事 • Mar 28There May Be Reason For Hope In Namuga's (KOSDAQ:190510) Disappointing EarningsThe market for Namuga Co., Ltd.'s ( KOSDAQ:190510 ) shares didn't move much after it posted weak earnings recently. We...Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₩17,500, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 7.6% over the past three years.お知らせ • Feb 27Namuga Co., Ltd., Annual General Meeting, Mar 30, 2026Namuga Co., Ltd., Annual General Meeting, Mar 30, 2026, at 08:00 Tokyo Standard Time. Location: conference room, 670, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea分析記事 • Feb 03Namuga (KOSDAQ:190510) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Buy Or Sell Opportunity • Feb 03Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 54% to ₩26,300. The fair value is estimated to be ₩21,438, 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 4.8%.Buy Or Sell Opportunity • Jan 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to ₩25,450. The fair value is estimated to be ₩20,991, 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 4.8%.分析記事 • Jan 05Namuga Co., Ltd.'s (KOSDAQ:190510) Price Is Right But Growth Is Lacking After Shares Rocket 40%Namuga Co., Ltd. ( KOSDAQ:190510 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₩22,250, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 61% over the past three years.Upcoming Dividend • Dec 22Upcoming dividend of ₩650 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.9%).分析記事 • Nov 09Namuga (KOSDAQ:190510) Is Paying Out A Dividend Of ₩650.00The board of Namuga Co., Ltd. ( KOSDAQ:190510 ) has announced that it will pay a dividend of ₩650.00 per share on the...Declared Dividend • Nov 08Dividend of ₩650 announcedDividend of ₩650 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 3.8%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (22% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Nov 07Namuga Co., Ltd. announces Annual dividend, payable on April 13, 2026Namuga Co., Ltd. announced Annual dividend of KRW 650.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.お知らせ • Aug 21Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with SAMSUNG SECURITIES CO.,LTD. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on February 20, 2026. As of August 21, 2025, the company had 780,296 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩220 (vs ₩279 in 2Q 2024)Second quarter 2025 results: EPS: ₩220 (down from ₩279 in 2Q 2024). Revenue: ₩110.6b (down 1.0% from 2Q 2024). Net income: ₩3.19b (down 28% from 2Q 2024). Profit margin: 2.9% (down from 4.0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.分析記事 • May 23Namuga (KOSDAQ:190510) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereNamuga Co., Ltd.'s ( KOSDAQ:190510 ) recent earnings report didn't offer any surprises, with the shares unchanged over...分析記事 • Apr 15Namuga (KOSDAQ:190510) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 19Full year 2024 earnings released: EPS: ₩1,680 (vs ₩1,455 in FY 2023)Full year 2024 results: EPS: ₩1,680 (up from ₩1,455 in FY 2023). Revenue: ₩450.4b (up 23% from FY 2023). Net income: ₩26.1b (up 11% from FY 2023). Profit margin: 5.8% (down from 6.4% in FY 2023). 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 3% per year, which means it is well ahead of earnings.お知らせ • Mar 07Namuga Co., Ltd., Annual General Meeting, Mar 27, 2025Namuga Co., Ltd., Annual General Meeting, Mar 27, 2025, at 08:00 Tokyo Standard Time. Location: conference room, 670, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Koreaお知らせ • Feb 27Namuga Co., Ltd. announces Annual dividendNamuga Co., Ltd. announced Annual dividend of KRW 650.0000 per share, ex-date on December 27, 2024 and record date on December 31, 2024.お知らせ • Feb 18Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with SAMSUNG SECURITIES CO.,LTD. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on August 17, 2025. As of February 17, 2025, the company had 788,913 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.分析記事 • Jan 08Namuga Co., Ltd. (KOSDAQ:190510) Stock Rockets 36% As Investors Are Less Pessimistic Than ExpectedNamuga Co., Ltd. ( KOSDAQ:190510 ) shares have had a really impressive month, gaining 36% after a shaky period...分析記事 • Jan 07Investors Could Be Concerned With Namuga's (KOSDAQ:190510) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...お知らせ • Dec 19Namuga Co., Ltd. Launches Next-Generation 3D Sensing Solutions, Powered by Lumotive, IncLumotive, Inc. and NAMUGA Co., Ltd., a leading manufacturer of advanced camera modules announced the launch of their groundbreaking Stella series of 3D sensing solutions, powered by the same core Light Control Metasurface technology that drives Lumotive's successful MD42 platform. The Stella series addresses diverse market needs through two distinct solutions. Stella, with its compact design and 25-meter range, targets indoor applications where precision and reliability are paramount. Its optimized 10 Hz frame rate and 120° × 90° field of view make it ideal for pick and place robotics, automated guided vehicles (AGVs), and industrial automation systems requiring accurate navigation in structured environments. Stella 2 extends these capabilities with its enhanced 80-meter range and 20 Hz frame rate, designed for more demanding outdoor applications. Its advanced features, including superior object detection and tracking, make it particularly effective for security systems, drones and smart infrastructure applications requiring extended range and higher scanning speeds. Advanced Capabilities: Both solutions leverage Lumotive's revolutionary solid-state beam steering technology, which eliminates moving parts and enables software-defined scanning capabilities. This approach allows for: Dynamic performance optimization through APIs; Real-time adjustments to key sensing parameters; Advanced scanning modes including Regions of Interest; Superior performance in challenging lighting conditions.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩13,200, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 6.0% over the past three years.Buy Or Sell Opportunity • Dec 10Now 26% overvaluedOver the last 90 days, the stock has fallen 7.2% to ₩11,950. The fair value is estimated to be ₩9,522, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 6.7%.分析記事 • Nov 21The Strong Earnings Posted By Namuga (KOSDAQ:190510) Are A Good Indication Of The Strength Of The BusinessNamuga Co., Ltd. ( KOSDAQ:190510 ) just reported healthy earnings but the stock price didn't move much. Our analysis...Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ₩229 (vs ₩346 in 3Q 2023)Third quarter 2024 results: EPS: ₩229 (down from ₩346 in 3Q 2023). Revenue: ₩118.3b (up 64% from 3Q 2023). Net income: ₩3.60b (down 36% from 3Q 2023). Profit margin: 3.0% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Nov 13Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on May 12, 2025. As of November 12, 2024, the company had 1,182,127 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.New Risk • Sep 17New 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. This is currently the only risk that has been identified for the company.分析記事 • Sep 04Market Might Still Lack Some Conviction On Namuga Co., Ltd. (KOSDAQ:190510) Even After 28% Share Price BoostNamuga Co., Ltd. ( KOSDAQ:190510 ) shareholders are no doubt pleased to see that the share price has bounced 28% in the...お知らせ • Aug 20Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on February 20, 2025. As of August 19, 2024, the company had 790,587 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.分析記事 • Aug 07Is Namuga (KOSDAQ:190510) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩10,000, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 15% over the past three years.分析記事 • May 21Namuga's (KOSDAQ:190510) Soft Earnings Are Actually Better Than They AppearShareholders appeared unconcerned with Namuga Co., Ltd.'s ( KOSDAQ:190510 ) lackluster earnings report last week. We...お知らせ • Apr 17Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on October 14, 2024. As of April 14, 2024, the company had 388,160 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.Reported Earnings • Mar 13Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ₩1,455 (down from ₩2,119 in FY 2022). Revenue: ₩365.6b (down 30% from FY 2022). Net income: ₩23.5b (down 25% from FY 2022). Profit margin: 6.4% (up from 6.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₩20,850, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩34,362 per share.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩12,170, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 25% over the past three years.お知らせ • Oct 30Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a contract with SAMSUNG SECURITIES CO.,LTD. The purpose of the share repurchase is to enhance shareholder value through stabilization of stock prices. The repurchase program will expire on April 30, 2024. As of October 29, 2023, the company had no shares within scope available for dividend and had no shares in treasury through other repurchase.New Risk • Aug 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 5.8% 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 (4.0% net profit margin). Shareholders have been diluted in the past year (6.9% increase in shares outstanding).Reported Earnings • Mar 16Full year 2022 earnings released: EPS: ₩2,119 (vs ₩1,164 in FY 2021)Full year 2022 results: EPS: ₩2,119 (up from ₩1,164 in FY 2021). Revenue: ₩519.3b (up 3.3% from FY 2021). Net income: ₩31.3b (up 96% from FY 2021). Profit margin: 6.0% (up from 3.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩18,630, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 79% over the past three years.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩17,900, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 50% over the past three years.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩16,500, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩10,650, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 17% over the past three years.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩9,210, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total loss to shareholders of 25% over the past three years.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩13,450, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 61% over the past three years.Reported Earnings • Mar 13Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩1,164 (up from ₩575 loss in FY 2020). Revenue: ₩502.9b (down 1.7% from FY 2020). Net income: ₩16.0b (up ₩23.9b from FY 2020). Profit margin: 3.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩10,700, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 121% over the past three years.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩10,300, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 19x in the Electronic industry in South Korea. Total returns to shareholders of 118% over the past three years.Reported Earnings • Mar 17Full year 2020 earnings released: ₩1,149 loss per share (vs ₩147 profit in FY 2019)The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₩511.8b (up 41% from FY 2019). Net loss: ₩7.89b (down ₩8.86b from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 15Namuga (KOSDAQ:190510) Is Carrying A Fair Bit Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Feb 24New 90-day low: ₩19,150The company is down 4.0% from its price of ₩19,850 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 Electronic industry, which is up 29% over the same period.分析記事 • Feb 21A Look At The Fair Value Of Namuga Co., Ltd. (KOSDAQ:190510)How far off is Namuga Co., Ltd. ( KOSDAQ:190510 ) from its intrinsic value? Using the most recent financial data, we'll...分析記事 • Feb 02Does Namuga's (KOSDAQ:190510) Statutory Profit Adequately Reflect Its Underlying Profit?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...分析記事 • Jan 12What Kind Of Shareholders Hold The Majority In Namuga Co., Ltd.'s (KOSDAQ:190510) Shares?If you want to know who really controls Namuga Co., Ltd. ( KOSDAQ:190510 ), then you'll have to look at the makeup of...Is New 90 Day High Low • Jan 07New 90-day high: ₩22,900The company is up 4.0% from its price of ₩22,000 on 08 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 28% over the same period.分析記事 • Dec 22Did You Miss Namuga's (KOSDAQ:190510) Impressive 122% Share Price Gain?Namuga Co., Ltd. ( KOSDAQ:190510 ) shareholders might be concerned after seeing the share price drop 16% in the last...分析記事 • Dec 01Is Namuga (KOSDAQ:190510) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Sep 24Namuga Co., Ltd. announced that it has received KRW 20 billion in fundingOn September 23, 2020, Namuga Co., Ltd. (KOSDAQ:A190510) closed the transaction.Is New 90 Day High Low • Sep 24New 90-day high: ₩23,750The company is up 55% from its price of ₩15,350 on 25 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period.お知らせ • Sep 18Namuga Co., Ltd. announced that it expects to receive KRW 20 billion in fundingNamuga Co., Ltd. (KOSDAQ:A190510) announced a private placement of 4th series Non-separated bonds with unsecured interest bonds for gross proceeds of KRW 20,000,000,000 on September 17, 2020. The bonds will mature on September 23, 2025. The surface interest of this bond is 0.0% and no interest is paid before maturity. The bonds have a no coupon rate and yield to maturity of 3%. The transaction include participation from Withwin Fund No. 60. The bonds are convertible into 924,641 common shares for 13.46% stakes in the company at a fixed conversion price of KRW 21,630 per share from September 23, 2021 to August 23, 2025. The transaction is expected to close on September 23, 2020. The transaction has been approved by board of directors.株主還元A190510KR ElectronicKR 市場7D-10.4%29.5%6.7%1Y37.1%420.2%195.0%株主還元を見る業界別リターン: A190510過去 1 年間で420.2 % の収益を上げたKR Electronic業界を下回りました。リターン対市場: A190510は、過去 1 年間で195 % のリターンを上げたKR市場を下回りました。価格変動Is A190510's price volatile compared to industry and market?A190510 volatilityA190510 Average Weekly Movement11.9%Electronic Industry Average Movement11.7%Market Average Movement9.5%10% most volatile stocks in KR Market16.6%10% least volatile stocks in KR Market4.9%安定した株価: A190510 、 KR市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: A190510の 週次ボラティリティ ( 12% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2004130Jeong-Hwa Seowww.namuga.co.krNamuga Co, Ltd.はカメラと3Dセンシングモジュールの設計、製造、販売を韓国内外で行っている。同社は、携帯電話やIT機器向けのシングルカメラおよびマルチカメラモジュール、産業用、ロボット、拡張現実（AR）および仮想現実（VR）アプリケーション、家庭用IoT機器、設計、機械、熱、光学分析および評価、生産アプリケーションで使用されるデュアルカメラベースおよびIRカメラベースの3Dセンシングカメラを提供している。同社は2004年に設立され、韓国の城南市に本社を置いている。もっと見るNamuga Co., Ltd. 基礎のまとめNamuga の収益と売上を時価総額と比較するとどうか。A190510 基礎統計学時価総額₩241.98b収益（TTM）₩20.28b売上高(TTM)₩417.27b11.9xPER（株価収益率0.6xP/SレシオA190510 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計A190510 損益計算書（TTM）収益₩417.27b売上原価₩371.31b売上総利益₩45.96bその他の費用₩25.68b収益₩20.28b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.46kグロス・マージン11.01%純利益率4.86%有利子負債／自己資本比率14.7%A190510 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.7%現在の配当利回りn/a配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/30 00:03終値2026/05/29 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Namuga 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。6 アナリスト機関Jongsun ParkEugene Investment & Securities Co Ltd.Sang-Hun LeeiM SecuritiesKap-Ho KimKyobo Securities Co., Ltd3 その他のアナリストを表示
New Risk • 4hNew major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • May 21Now 24% overvaluedOver the last 90 days, the stock has fallen 21% to ₩18,350. The fair value is estimated to be ₩14,796, 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 grown by 5.7%.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩22,300, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 49% over the past three years.
Buy Or Sell Opportunity • Apr 16Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to ₩19,200. The fair value is estimated to be ₩15,580, 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 grown by 5.7%.
分析記事 • Mar 28There May Be Reason For Hope In Namuga's (KOSDAQ:190510) Disappointing EarningsThe market for Namuga Co., Ltd.'s ( KOSDAQ:190510 ) shares didn't move much after it posted weak earnings recently. We...
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₩17,500, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 7.6% over the past three years.
New Risk • 4hNew major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • May 21Now 24% overvaluedOver the last 90 days, the stock has fallen 21% to ₩18,350. The fair value is estimated to be ₩14,796, 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 grown by 5.7%.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩22,300, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 49% over the past three years.
Buy Or Sell Opportunity • Apr 16Now 23% overvaluedOver the last 90 days, the stock has fallen 22% to ₩19,200. The fair value is estimated to be ₩15,580, 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 grown by 5.7%.
分析記事 • Mar 28There May Be Reason For Hope In Namuga's (KOSDAQ:190510) Disappointing EarningsThe market for Namuga Co., Ltd.'s ( KOSDAQ:190510 ) shares didn't move much after it posted weak earnings recently. We...
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to ₩17,500, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 7.6% over the past three years.
お知らせ • Feb 27Namuga Co., Ltd., Annual General Meeting, Mar 30, 2026Namuga Co., Ltd., Annual General Meeting, Mar 30, 2026, at 08:00 Tokyo Standard Time. Location: conference room, 670, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea
分析記事 • Feb 03Namuga (KOSDAQ:190510) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Buy Or Sell Opportunity • Feb 03Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 54% to ₩26,300. The fair value is estimated to be ₩21,438, 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 4.8%.
Buy Or Sell Opportunity • Jan 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to ₩25,450. The fair value is estimated to be ₩20,991, 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 4.8%.
分析記事 • Jan 05Namuga Co., Ltd.'s (KOSDAQ:190510) Price Is Right But Growth Is Lacking After Shares Rocket 40%Namuga Co., Ltd. ( KOSDAQ:190510 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₩22,250, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 61% over the past three years.
Upcoming Dividend • Dec 22Upcoming dividend of ₩650 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.9%).
分析記事 • Nov 09Namuga (KOSDAQ:190510) Is Paying Out A Dividend Of ₩650.00The board of Namuga Co., Ltd. ( KOSDAQ:190510 ) has announced that it will pay a dividend of ₩650.00 per share on the...
Declared Dividend • Nov 08Dividend of ₩650 announcedDividend of ₩650 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 3.8%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (22% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 07Namuga Co., Ltd. announces Annual dividend, payable on April 13, 2026Namuga Co., Ltd. announced Annual dividend of KRW 650.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
お知らせ • Aug 21Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with SAMSUNG SECURITIES CO.,LTD. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on February 20, 2026. As of August 21, 2025, the company had 780,296 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩220 (vs ₩279 in 2Q 2024)Second quarter 2025 results: EPS: ₩220 (down from ₩279 in 2Q 2024). Revenue: ₩110.6b (down 1.0% from 2Q 2024). Net income: ₩3.19b (down 28% from 2Q 2024). Profit margin: 2.9% (down from 4.0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
分析記事 • May 23Namuga (KOSDAQ:190510) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereNamuga Co., Ltd.'s ( KOSDAQ:190510 ) recent earnings report didn't offer any surprises, with the shares unchanged over...
分析記事 • Apr 15Namuga (KOSDAQ:190510) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: ₩1,680 (vs ₩1,455 in FY 2023)Full year 2024 results: EPS: ₩1,680 (up from ₩1,455 in FY 2023). Revenue: ₩450.4b (up 23% from FY 2023). Net income: ₩26.1b (up 11% from FY 2023). Profit margin: 5.8% (down from 6.4% in FY 2023). 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 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 07Namuga Co., Ltd., Annual General Meeting, Mar 27, 2025Namuga Co., Ltd., Annual General Meeting, Mar 27, 2025, at 08:00 Tokyo Standard Time. Location: conference room, 670, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea
お知らせ • Feb 27Namuga Co., Ltd. announces Annual dividendNamuga Co., Ltd. announced Annual dividend of KRW 650.0000 per share, ex-date on December 27, 2024 and record date on December 31, 2024.
お知らせ • Feb 18Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with SAMSUNG SECURITIES CO.,LTD. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on August 17, 2025. As of February 17, 2025, the company had 788,913 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
分析記事 • Jan 08Namuga Co., Ltd. (KOSDAQ:190510) Stock Rockets 36% As Investors Are Less Pessimistic Than ExpectedNamuga Co., Ltd. ( KOSDAQ:190510 ) shares have had a really impressive month, gaining 36% after a shaky period...
分析記事 • Jan 07Investors Could Be Concerned With Namuga's (KOSDAQ:190510) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
お知らせ • Dec 19Namuga Co., Ltd. Launches Next-Generation 3D Sensing Solutions, Powered by Lumotive, IncLumotive, Inc. and NAMUGA Co., Ltd., a leading manufacturer of advanced camera modules announced the launch of their groundbreaking Stella series of 3D sensing solutions, powered by the same core Light Control Metasurface technology that drives Lumotive's successful MD42 platform. The Stella series addresses diverse market needs through two distinct solutions. Stella, with its compact design and 25-meter range, targets indoor applications where precision and reliability are paramount. Its optimized 10 Hz frame rate and 120° × 90° field of view make it ideal for pick and place robotics, automated guided vehicles (AGVs), and industrial automation systems requiring accurate navigation in structured environments. Stella 2 extends these capabilities with its enhanced 80-meter range and 20 Hz frame rate, designed for more demanding outdoor applications. Its advanced features, including superior object detection and tracking, make it particularly effective for security systems, drones and smart infrastructure applications requiring extended range and higher scanning speeds. Advanced Capabilities: Both solutions leverage Lumotive's revolutionary solid-state beam steering technology, which eliminates moving parts and enables software-defined scanning capabilities. This approach allows for: Dynamic performance optimization through APIs; Real-time adjustments to key sensing parameters; Advanced scanning modes including Regions of Interest; Superior performance in challenging lighting conditions.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩13,200, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 6.0% over the past three years.
Buy Or Sell Opportunity • Dec 10Now 26% overvaluedOver the last 90 days, the stock has fallen 7.2% to ₩11,950. The fair value is estimated to be ₩9,522, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 6.7%.
分析記事 • Nov 21The Strong Earnings Posted By Namuga (KOSDAQ:190510) Are A Good Indication Of The Strength Of The BusinessNamuga Co., Ltd. ( KOSDAQ:190510 ) just reported healthy earnings but the stock price didn't move much. Our analysis...
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ₩229 (vs ₩346 in 3Q 2023)Third quarter 2024 results: EPS: ₩229 (down from ₩346 in 3Q 2023). Revenue: ₩118.3b (up 64% from 3Q 2023). Net income: ₩3.60b (down 36% from 3Q 2023). Profit margin: 3.0% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Nov 13Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on May 12, 2025. As of November 12, 2024, the company had 1,182,127 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
New Risk • Sep 17New 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. This is currently the only risk that has been identified for the company.
分析記事 • Sep 04Market Might Still Lack Some Conviction On Namuga Co., Ltd. (KOSDAQ:190510) Even After 28% Share Price BoostNamuga Co., Ltd. ( KOSDAQ:190510 ) shareholders are no doubt pleased to see that the share price has bounced 28% in the...
お知らせ • Aug 20Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on February 20, 2025. As of August 19, 2024, the company had 790,587 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
分析記事 • Aug 07Is Namuga (KOSDAQ:190510) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩10,000, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 15% over the past three years.
分析記事 • May 21Namuga's (KOSDAQ:190510) Soft Earnings Are Actually Better Than They AppearShareholders appeared unconcerned with Namuga Co., Ltd.'s ( KOSDAQ:190510 ) lackluster earnings report last week. We...
お知らせ • Apr 17Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on October 14, 2024. As of April 14, 2024, the company had 388,160 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
Reported Earnings • Mar 13Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ₩1,455 (down from ₩2,119 in FY 2022). Revenue: ₩365.6b (down 30% from FY 2022). Net income: ₩23.5b (down 25% from FY 2022). Profit margin: 6.4% (up from 6.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₩20,850, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩34,362 per share.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩12,170, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 25% over the past three years.
お知らせ • Oct 30Namuga Co., Ltd. (KOSDAQ:A190510) announces an Equity Buyback for KRW 5,000 million worth of its shares.Namuga Co., Ltd. (KOSDAQ:A190510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a contract with SAMSUNG SECURITIES CO.,LTD. The purpose of the share repurchase is to enhance shareholder value through stabilization of stock prices. The repurchase program will expire on April 30, 2024. As of October 29, 2023, the company had no shares within scope available for dividend and had no shares in treasury through other repurchase.
New Risk • Aug 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 5.8% 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 (4.0% net profit margin). Shareholders have been diluted in the past year (6.9% increase in shares outstanding).
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: ₩2,119 (vs ₩1,164 in FY 2021)Full year 2022 results: EPS: ₩2,119 (up from ₩1,164 in FY 2021). Revenue: ₩519.3b (up 3.3% from FY 2021). Net income: ₩31.3b (up 96% from FY 2021). Profit margin: 6.0% (up from 3.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩18,630, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 79% over the past three years.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩17,900, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 50% over the past three years.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩16,500, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩10,650, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 17% over the past three years.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩9,210, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total loss to shareholders of 25% over the past three years.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩13,450, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 61% over the past three years.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩1,164 (up from ₩575 loss in FY 2020). Revenue: ₩502.9b (down 1.7% from FY 2020). Net income: ₩16.0b (up ₩23.9b from FY 2020). Profit margin: 3.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩10,700, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 121% over the past three years.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩10,300, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 19x in the Electronic industry in South Korea. Total returns to shareholders of 118% over the past three years.
Reported Earnings • Mar 17Full year 2020 earnings released: ₩1,149 loss per share (vs ₩147 profit in FY 2019)The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₩511.8b (up 41% from FY 2019). Net loss: ₩7.89b (down ₩8.86b from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 15Namuga (KOSDAQ:190510) Is Carrying A Fair Bit Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Feb 24New 90-day low: ₩19,150The company is down 4.0% from its price of ₩19,850 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 Electronic industry, which is up 29% over the same period.
分析記事 • Feb 21A Look At The Fair Value Of Namuga Co., Ltd. (KOSDAQ:190510)How far off is Namuga Co., Ltd. ( KOSDAQ:190510 ) from its intrinsic value? Using the most recent financial data, we'll...
分析記事 • Feb 02Does Namuga's (KOSDAQ:190510) Statutory Profit Adequately Reflect Its Underlying Profit?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
分析記事 • Jan 12What Kind Of Shareholders Hold The Majority In Namuga Co., Ltd.'s (KOSDAQ:190510) Shares?If you want to know who really controls Namuga Co., Ltd. ( KOSDAQ:190510 ), then you'll have to look at the makeup of...
Is New 90 Day High Low • Jan 07New 90-day high: ₩22,900The company is up 4.0% from its price of ₩22,000 on 08 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 28% over the same period.
分析記事 • Dec 22Did You Miss Namuga's (KOSDAQ:190510) Impressive 122% Share Price Gain?Namuga Co., Ltd. ( KOSDAQ:190510 ) shareholders might be concerned after seeing the share price drop 16% in the last...
分析記事 • Dec 01Is Namuga (KOSDAQ:190510) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Sep 24Namuga Co., Ltd. announced that it has received KRW 20 billion in fundingOn September 23, 2020, Namuga Co., Ltd. (KOSDAQ:A190510) closed the transaction.
Is New 90 Day High Low • Sep 24New 90-day high: ₩23,750The company is up 55% from its price of ₩15,350 on 25 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period.
お知らせ • Sep 18Namuga Co., Ltd. announced that it expects to receive KRW 20 billion in fundingNamuga Co., Ltd. (KOSDAQ:A190510) announced a private placement of 4th series Non-separated bonds with unsecured interest bonds for gross proceeds of KRW 20,000,000,000 on September 17, 2020. The bonds will mature on September 23, 2025. The surface interest of this bond is 0.0% and no interest is paid before maturity. The bonds have a no coupon rate and yield to maturity of 3%. The transaction include participation from Withwin Fund No. 60. The bonds are convertible into 924,641 common shares for 13.46% stakes in the company at a fixed conversion price of KRW 21,630 per share from September 23, 2021 to August 23, 2025. The transaction is expected to close on September 23, 2020. The transaction has been approved by board of directors.
