View ValuationDoubleUGames 향후 성장Future 기준 점검 1/6DoubleUGames (는) 각각 연간 13.6% 및 8.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.6% 로 예상됩니다.핵심 정보13.6%이익 성장률11.77%EPS 성장률Hospitality 이익 성장15.5%매출 성장률8.5%향후 자기자본이익률12.61%애널리스트 커버리지Good마지막 업데이트14 May 2026최근 향후 성장 업데이트Major Estimate Revision • May 17Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩698.1m to ₩662.0m. EPS estimate also fell from ₩8,393 per share to ₩6,230 per share. Net income forecast to shrink 4.0% next year vs 46% growth forecast for Hospitality industry in South Korea . Consensus price target broadly unchanged at ₩65,800. Share price fell 10% to ₩51,200 over the past week.Major Estimate Revision • Nov 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩655.6m to ₩644.1m. EPS estimate also fell from ₩8,493 per share to ₩7,513 per share. Net income forecast to grow 0.3% next year vs 44% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩62,900 unchanged from last update. Share price fell 7.3% to ₩47,000 over the past week.Price Target Changed • Feb 17Price target increased by 8.0% to ₩59,537Up from ₩55,118, the current price target is an average from 9 analysts. New target price is 26% above last closing price of ₩47,100. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₩7,060 next year compared to a net loss per share of ₩6,513 last year.Major Estimate Revision • Nov 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ₩1,848 to ₩2,689. Revenue forecast steady at ₩622.3m. Net income forecast to grow 16% next year vs 16% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩60,444 unchanged from last update. Share price was steady at ₩47,350 over the past week.Major Estimate Revision • Oct 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩2,533 to ₩1,989 per share. Revenue forecast steady at ₩622.0m. Net income forecast to grow 24% next year vs 24% growth forecast for Hospitality industry in South Korea. Consensus price target up from ₩58,250 to ₩60,444. Share price was steady at ₩47,550 over the past week.Price Target Changed • Sep 09Price target decreased to ₩57,286Down from ₩62,000, the current price target is an average from 7 analysts. New target price is 32% above last closing price of ₩43,550. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₩3,405 for next year compared to ₩7,391 last year.모든 업데이트 보기Recent updates공시 • Apr 28DoubleUGames Co., Ltd. (KOSE:A192080) entered into a non-binding expression of interest to acquire remaining 32.95% stake in DoubleDown Interactive Co., Ltd. (NasdaqGS:DDI) for approximately $180 million.DoubleUGames Co., Ltd. (KOSE:A192080) entered into a non-binding expression of interest to acquire remaining 32.95% stake in DoubleDown Interactive Co., Ltd. (NasdaqGS:DDI) for approximately $180 million on April 27, 2026. A cash consideration valued at $11.25 per share will be paid by DoubleUGames Co., Ltd. As part of consideration, an approximately $184 million value is paid towards common equity of DoubleDown Interactive Co., Ltd. Each ADS represents one-twentieth (1/20) of one DDI common share. The offer price equals the 52-week high price of DDI's ADSs on the NASDAQ Global Select Market and represents, a premium of approximately 22.4% over the DDI ADS closing price on April 27, 2026. Upon completion of the Transaction, DDI would be a wholly owned subsidiary of DoubleU Games. The Transaction is expected to generate significant benefits for both companies and their stakeholders, as it would (i) Enable full strategic and operational integration of the DoubleU Games group, unifying the product, technology, and live operations teams across the combined social casino portfolio; and (ii) Consolidate financial resources of DoubleU Games and DDI into a single balance sheet, allowing the Company greater flexibility to allocate capital toward new content, new game genres, and value-creating acquisitions. The Transaction will be fully funded through available cash and committed financing and will not be subject to any financing condition. DDI's Board of Directors will form a special committee of independent directors to consider our proposal. DoubleU Games will not proceed without the recommendation of such special committee, acting independently and in accordance with its fiduciary duties and the execution of a mutually agreed definitive agreement. The Transaction will be subject to customary closing conditions, including: (i) the affirmative vote of at least 95% of DDI's outstanding common shares, including a majority of votes cast by shareholders other than DoubleU Games; and (ii) receipt of all required regulatory clearances. DoubleU Games has engaged Paul Hastings LLP and Kim & Chang as its U.S. and Korean legal advisors, respectively, in connection with the Transaction.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩62,500, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Hospitality industry in South Korea. Total returns to shareholders of 74% over the past three years.공시 • Apr 17DoubleUGames Co., Ltd. (KOSE:A192080) agreed to acquire an additional 13.33% stake in Paxie Games Oyun ve Yazilim Anonim Sirketi for KRW 8.7 billion.DoubleUGames Co., Ltd. (KOSE:A192080) agreed to acquire an additional 13.33% stake in Paxie Games Oyun ve Yazilim Anonim Sirketi for KRW 8.7 billion on April 14, 2026. Upon completion, DoubleUGames Co., Ltd. will own 73.33% stake in Paxie Games Oyun ve Yazilim Anonim Sirketi. DoubleUGames plans to utilize its existing treasury shares as the payment for the acquisition of the Paxie Games stake. For the period ending December 31, 2025, Paxie Games Oyun ve Yazilim Anonim Sirketi reported total revenue of KRW 45.09 billion and net loss of KRW 4.7 billion. As of December 31, 2025, Paxie Games Oyun ve Yazilim Anonim Sirketi reported total assets of KRW 20.48 billion and total common equity of KRW 5 million. The expected completion of the transaction is April 16, 2026.분석 기사 • Mar 26There May Be Some Bright Spots In DoubleUGames' (KRX:192080) EarningsThe market for DoubleUGames Co., Ltd.'s ( KRX:192080 ) shares didn't move much after it posted weak earnings recently...Reported Earnings • Mar 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₩6,651 (down from ₩9,441 in FY 2024). Revenue: ₩719.9b (up 14% from FY 2024). Net income: ₩131.3b (down 30% from FY 2024). Profit margin: 18% (down from 30% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Hospitality industry in South Korea. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Mar 13DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2026DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: meta art hall, 143, tehaeran-ro, gangnam-gu, seoul South KoreaValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩47,300, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Hospitality industry in South Korea. Total returns to shareholders of 35% over the past three years.공시 • Jan 30DoubleUGames Co., Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026DoubleUGames Co., Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026공시 • Oct 30DoubleUGames Co., Ltd. to Report Q3, 2025 Results on Nov 11, 2025DoubleUGames Co., Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025공시 • Aug 02DoubleUGames Co., Ltd. to Report First Half, 2025 Results on Aug 13, 2025DoubleUGames Co., Ltd. announced that they will report first half, 2025 results on Aug 13, 2025공시 • Jul 09DoubleUGames Co., Ltd. (KOSE:A192080) announces an Equity Buyback for KRW 35,000 million worth of its shares.DoubleUGames Co., Ltd. (KOSE:A192080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 35,000 million worth of its shares under the contract with Hanhwa Investment & Securities Co., Ltd. The purpose of the program is to stabilize the stock price and to enhance the shareholders’ value. The program will be valid till January 9, 2026. As of August 29, 2022, the company had 1,546,971 common shares in treasury under the dividend capacity and 5,338 common shares in treasury under other capacities.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩63,200, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Hospitality industry in South Korea. Total returns to shareholders of 105% over the past three years.Major Estimate Revision • May 17Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩698.1m to ₩662.0m. EPS estimate also fell from ₩8,393 per share to ₩6,230 per share. Net income forecast to shrink 4.0% next year vs 46% growth forecast for Hospitality industry in South Korea . Consensus price target broadly unchanged at ₩65,800. Share price fell 10% to ₩51,200 over the past week.공시 • Mar 26DoubleUGames Co., Ltd. (KOSE:A192080) completed the acquisition of 60% stake in Paxie Games for $29.9 million.DoubleUGames Co., Ltd. (KOSE:A192080) entered into an agreement to acquire 60% stake in Paxie Games for $67 million on December 26, 2024. A cash consideration of $27 million will be paid by DoubleUGames Co., Ltd. and will pay an earnout of $40 million. The acquisition will be financed through a combination of treasury shares and cash. The remaining 40% stake to be acquired over a span of three years, subject to achieving certain financial targets, resulting in full ownership by the end of third year. Arma Capital acted as financial advisor and BASEAK acted as legal advisor for DoubleUGames Co., Ltd. DoubleUGames Co., Ltd. (KOSE:A192080) completed the acquisition of 60% stake in Paxie Games for $29.9 million on March 26, 2024. Merger review completed on March 26, finalizing the acquisition of Paxie Games with an upfront payment of $29.9 million for 60% of the company’s ownership, with the remaining ownership to be acquired through an earnout structure over a three-year period. DoubleU Games has proceeded with the necessary steps including merger clearance from the Turkish competition authority.분석 기사 • Mar 25Shareholders Will Be Pleased With The Quality of DoubleUGames' (KRX:192080) EarningsEven though DoubleUGames Co., Ltd.'s ( KRX:192080 ) recent earnings release was robust, the market didn't seem to...New Risk • Mar 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.공시 • Mar 13DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2025DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 143, tehaeran-ro, gangnam-gu, seoul South Korea새로운 내러티브 • Feb 22Doubling DTC Payments And iGaming Expansion Will Drive Future Profitability Expansion in iGaming and casual gaming is poised to significantly boost revenue, supported by strategic marketing cost efficiencies that enhance profitability. 공시 • Feb 06DoubleUGames Co., Ltd. to Report Fiscal Year 2024 Results on Feb 12, 2025DoubleUGames Co., Ltd. announced that they will report fiscal year 2024 results on Feb 12, 2025공시 • Dec 27DoubleUGames Co., Ltd. (KOSE:A192080) entered into an agreement to acquire 60% stake in Paxie Games for $67 million.DoubleUGames Co., Ltd. (KOSE:A192080) entered into an agreement to acquire 60% stake in Paxie Games for $67 million on December 26, 2024. A cash consideration of $27 million will be paid by DoubleUGames Co., Ltd. and will pay an earnout of $40 million. Arma Capital acted as financial advisor and BASEAK acted as legal advisor for DoubleUGames Co., Ltd. The acquisition will be financed through a combination of treasury shares and cash. The remaining 40% stake to be acquired over a span of three years, subject to achieving certain financial targets, resulting in full ownership by the end of third year.Major Estimate Revision • Nov 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩655.6m to ₩644.1m. EPS estimate also fell from ₩8,493 per share to ₩7,513 per share. Net income forecast to grow 0.3% next year vs 44% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩62,900 unchanged from last update. Share price fell 7.3% to ₩47,000 over the past week.공시 • Oct 28DoubleUGames Co., Ltd. to Report Nine Months, 2024 Results on Nov 12, 2024DoubleUGames Co., Ltd. announced that they will report nine months, 2024 results on Nov 12, 2024분석 기사 • Aug 22We Think DoubleUGames' (KRX:192080) Profit Is Only A Baseline For What They Can AchieveEven though DoubleUGames Co., Ltd.'s ( KRX:192080 ) recent earnings release was robust, the market didn't seem to...공시 • Jul 25DoubleUGames Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024DoubleUGames Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024분석 기사 • May 13Returns On Capital At DoubleUGames (KRX:192080) Have StalledTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...New Risk • Apr 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 23Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₩9,016 (up from ₩7,815 loss in FY 2022). Revenue: ₩582.3b (down 5.7% from FY 2022). Net income: ₩149.1b (up ₩281.3b from FY 2022). Profit margin: 26% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 14Does DoubleUGames (KRX:192080) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Mar 08DoubleUGames Co., Ltd., Annual General Meeting, Mar 28, 2024DoubleUGames Co., Ltd., Annual General Meeting, Mar 28, 2024, at 09:01 Korea Standard Time. Location: 143, Teheran-ro, Gangnam-gu, Seoul, Meta Art |Hall at B1F of Goun Building Seoul South Korea Agenda: To approve 12th consolidated financial statement and financial statement (Dividend: KRW 1,000 per share); Revision of the Articles; To Revision of the Articles of Incorporation; To appointment of Inside Directors; to approve director’s remuneration limit; to revision of payment regulations on directors retirement allowance.Price Target Changed • Feb 17Price target increased by 8.0% to ₩59,537Up from ₩55,118, the current price target is an average from 9 analysts. New target price is 26% above last closing price of ₩47,100. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₩7,060 next year compared to a net loss per share of ₩6,513 last year.공시 • Feb 05DoubleUGames Co., Ltd. to Report Q4, 2023 Results on Feb 14, 2024DoubleUGames Co., Ltd. announced that they will report Q4, 2023 results on Feb 14, 2024Upcoming Dividend • Dec 20Upcoming dividend of ₩600 per share at 1.2% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.1%).공시 • Jul 29DoubleUGames Co., Ltd. to Report First Half, 2023 Results on Aug 09, 2023DoubleUGames Co., Ltd. announced that they will report first half, 2023 results on Aug 09, 2023Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: ₩7,815 loss per share (down from ₩7,391 profit in FY 2021). Revenue: ₩617.3b (down 1.1% from FY 2021). Net loss: ₩132.2b (down 205% from profit in FY 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Upcoming Dividend • Dec 21Upcoming dividend of ₩700 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.1%).Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Major Estimate Revision • Nov 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ₩1,848 to ₩2,689. Revenue forecast steady at ₩622.3m. Net income forecast to grow 16% next year vs 16% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩60,444 unchanged from last update. Share price was steady at ₩47,350 over the past week.Major Estimate Revision • Oct 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩2,533 to ₩1,989 per share. Revenue forecast steady at ₩622.0m. Net income forecast to grow 24% next year vs 24% growth forecast for Hospitality industry in South Korea. Consensus price target up from ₩58,250 to ₩60,444. Share price was steady at ₩47,550 over the past week.Price Target Changed • Sep 09Price target decreased to ₩57,286Down from ₩62,000, the current price target is an average from 7 analysts. New target price is 32% above last closing price of ₩43,550. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₩3,405 for next year compared to ₩7,391 last year.공시 • Aug 30DoubleUGames Co., Ltd. (KOSE:A192080) announces an Equity Buyback for KRW 30,000 million worth of its shares.DoubleUGames Co., Ltd. (KOSE:A192080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,000 million worth of its shares under the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to stabilize the stock price and to enhance the shareholders’ value. The program will be valid till February 28, 2023. As of August 29, 2022, the company had 1,398,976 common shares in treasury under the dividend capacity and nil common shares in treasury under other capacities.Major Estimate Revision • Aug 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩6,037 to ₩3,540 per share. Revenue forecast steady at ₩619.6m. Net income forecast to shrink 5.7% next year vs 88% growth forecast for Hospitality industry in South Korea . Consensus price target broadly unchanged at ₩63,167. Share price fell 4.4% to ₩40,450 over the past week.Price Target Changed • Jun 29Price target decreased to ₩61,200Down from ₩68,000, the current price target is an average from 4 analysts. New target price is 58% above last closing price of ₩38,750. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₩6,029 for next year compared to ₩7,391 last year.Major Estimate Revision • May 17Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩628.2m to ₩610.1m. EPS estimate also fell from ₩6,827 per share to ₩6,029 per share. Net income forecast to shrink 14% next year vs 27% growth forecast for Hospitality industry in South Korea . Consensus price target down from ₩68,000 to ₩63,333. Share price fell 5.7% to ₩43,800 over the past week.Major Estimate Revision • May 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩6,827 to ₩5,894 per share. Revenue forecast steady at ₩623.2m. Net income forecast to shrink 20% next year vs 7.6% decline forecast for Hospitality industry in South Korea. Consensus price target down from ₩68,000 to ₩66,250. Share price fell 14% to ₩41,950 over the past week.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Major Estimate Revision • Feb 18Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩679.1m to ₩632.3m. EPS estimate also fell from ₩7,623 per share to ₩6,827 per share. Net income forecast to shrink 6.4% next year vs 19% growth forecast for Hospitality industry in South Korea . Consensus price target down from ₩77,200 to ₩75,200. Share price was steady at ₩50,400 over the past week.Upcoming Dividend • Dec 22Upcoming dividend of ₩350 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 19 April 2022. Payout ratio is a comfortable 4.7% 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 (1.1%).Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩66,500, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 23x in the Hospitality industry in Asia. Total loss to shareholders of 4.0% over the past three years.Reported Earnings • Mar 19Full year 2020 earnings released: EPS ₩6,634 (vs ₩6,541 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: ₩658.2b (up 28% from FY 2019). Net income: ₩112.3b (up 1.8% from FY 2019). Profit margin: 17% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Mar 04DoubleUGames Co., Ltd., Annual General Meeting, Mar 24, 2021DoubleUGames Co., Ltd., Annual General Meeting, Mar 24, 2021, at 09:00 Korea Standard Time.분석 기사 • Mar 03How Does DoubleUGames Co., Ltd. (KRX:192080) Fare As A Dividend Stock?Dividend paying stocks like DoubleUGames Co., Ltd. ( KRX:192080 ) tend to be popular with investors, and for good...Is New 90 Day High Low • Feb 24New 90-day low: ₩56,300The company is down 4.0% from its price of ₩58,900 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 Hospitality industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩67,490 per share.분석 기사 • Feb 16DoubleUGames Co., Ltd.'s (KRX:192080) Stock Has Fared Decently: Is the Market Following Strong Financials?Most readers would already know that DoubleUGames' (KRX:192080) stock increased by 3.3% over the past three months...분석 기사 • Feb 02What We Make Of DoubleUGames' (KRX:192080) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...공시 • Jan 23DoubleUGames Co., Ltd. to Report Fiscal Year 2020 Results on Feb 04, 2021DoubleUGames Co., Ltd. announced that they will report fiscal year 2020 results on Feb 04, 2021분석 기사 • Jan 20Here's What DoubleUGames Co., Ltd.'s (KRX:192080) Shareholder Ownership Structure Looks LikeA look at the shareholders of DoubleUGames Co., Ltd. ( KRX:192080 ) can tell us which group is most powerful. Large...분석 기사 • Jan 07Did You Miss DoubleUGames' (KRX:192080) 24% Share Price Gain?It hasn't been the best quarter for DoubleUGames Co., Ltd. ( KRX:192080 ) shareholders, since the share price has...분석 기사 • Dec 25Should You Buy DoubleUGames Co., Ltd. (KRX:192080) For Its Upcoming Dividend?Readers hoping to buy DoubleUGames Co., Ltd. ( KRX:192080 ) for its dividend will need to make their move shortly, as...분석 기사 • Dec 22An Intrinsic Calculation For DoubleUGames Co., Ltd. (KRX:192080) Suggests It's 33% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of DoubleUGames Co., Ltd...분석 기사 • Dec 07Are DoubleUGames's (KRX:192080) Statutory Earnings A Good Reflection Of Its Earnings Potential?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Is New 90 Day High Low • Dec 07New 90-day low: ₩56,900The company is down 27% from its price of ₩77,700 on 08 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩78,550 per share.분석 기사 • Nov 24Are You An Income Investor? Don't Miss Out On DoubleUGames Co., Ltd. (KRX:192080)Could DoubleUGames Co., Ltd. (KRX:192080) be an attractive dividend share to own for the long haul? Investors are...Is New 90 Day High Low • Nov 11New 90-day low: ₩60,800The company is down 23% from its price of ₩79,200 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩86,570 per share.Is New 90 Day High Low • Oct 15New 90-day low: ₩71,000The company is down 6.0% from its price of ₩75,200 on 17 July 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩100,298 per share.공시 • Jul 26DoubleUGames Co., Ltd. to Report First Half, 2020 Results on Jul 23, 2020DoubleUGames Co., Ltd. announced that they will report first half, 2020 results on Jul 23, 2020이익 및 매출 성장 예측KOSE:A192080 - 애널리스트 향후 추정치 및 과거 재무 데이터 (KRW Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028932,232192,358272,333288,000412/31/2027868,360191,321234,714232,7601112/31/2026841,600169,784211,000206,840112/31/2025719,897131,255235,993236,934N/A9/30/2025675,877159,857233,436235,290N/A6/30/2025643,783148,030234,059236,763N/A3/31/2025634,973174,283264,908267,659N/A12/31/2024633,474187,182271,999274,744N/A9/30/2024631,152162,203249,090250,930N/A6/30/2024616,709171,903245,826246,512N/A3/31/2024597,517156,853122,933123,704N/A12/31/2023582,334149,06495,19095,879N/A9/30/2023586,647-22,342-2,883-2,262N/A6/30/2023606,985-61,56115,46416,396N/A3/31/2023612,680-118,886119,928120,848N/A12/31/2022617,262-132,223117,561118,824N/A9/30/2022610,31329,639209,337210,722N/A6/30/2022601,14062,939196,074197,075N/A3/31/2022610,054118,842191,861192,916N/A12/31/2021624,061125,464188,804189,499N/A9/30/2021632,034127,164212,450213,014N/A6/30/2021654,417125,939199,343199,929N/A3/31/2021684,617112,735205,564206,113N/A12/31/2020658,176112,304201,287201,818N/A9/30/2020627,493106,721183,590184,059N/A6/30/2020584,427104,893181,879182,308N/A3/31/2020525,566115,415171,569171,889N/A12/31/2019513,847110,293163,304164,431N/A9/30/2019512,753104,924N/A166,265N/A6/30/2019506,02297,947N/A163,800N/A3/31/2019494,812101,069N/A159,571N/A12/31/2018483,01087,761N/A156,285N/A9/30/2018466,34273,634N/A128,385N/A6/30/2018450,17164,740N/A110,149N/A3/31/2018391,87437,996N/A83,548N/A12/31/2017319,34535,364N/A82,407N/A9/30/2017251,21954,045N/A76,833N/A6/30/2017181,60647,256N/A67,247N/A3/31/2017159,45553,918N/A69,616N/A12/31/2016155,63648,840N/A54,254N/A6/30/2016143,81736,701N/A44,212N/A12/31/2015122,44234,161N/A38,751N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: A192080 의 연간 예상 수익 증가율(13.6%)이 saving rate(3.1%)보다 높습니다.수익 vs 시장: A192080 의 연간 수익(13.6%)이 KR 시장(31.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: A192080 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: A192080 의 수익(연간 8.5%)이 KR 시장(연간 14.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: A192080 의 수익(연간 8.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: A192080의 자본 수익률은 3년 후 12.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/15 06:49종가2026/05/15 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스DoubleUGames Co., Ltd.는 15명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Joon Kyu LeeBookook Securities Co. LtdJoshua KimCGS InternationalJee-un LeeDaishin Securities Co. Ltd.12명의 분석가 더 보기
Major Estimate Revision • May 17Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩698.1m to ₩662.0m. EPS estimate also fell from ₩8,393 per share to ₩6,230 per share. Net income forecast to shrink 4.0% next year vs 46% growth forecast for Hospitality industry in South Korea . Consensus price target broadly unchanged at ₩65,800. Share price fell 10% to ₩51,200 over the past week.
Major Estimate Revision • Nov 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩655.6m to ₩644.1m. EPS estimate also fell from ₩8,493 per share to ₩7,513 per share. Net income forecast to grow 0.3% next year vs 44% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩62,900 unchanged from last update. Share price fell 7.3% to ₩47,000 over the past week.
Price Target Changed • Feb 17Price target increased by 8.0% to ₩59,537Up from ₩55,118, the current price target is an average from 9 analysts. New target price is 26% above last closing price of ₩47,100. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₩7,060 next year compared to a net loss per share of ₩6,513 last year.
Major Estimate Revision • Nov 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ₩1,848 to ₩2,689. Revenue forecast steady at ₩622.3m. Net income forecast to grow 16% next year vs 16% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩60,444 unchanged from last update. Share price was steady at ₩47,350 over the past week.
Major Estimate Revision • Oct 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩2,533 to ₩1,989 per share. Revenue forecast steady at ₩622.0m. Net income forecast to grow 24% next year vs 24% growth forecast for Hospitality industry in South Korea. Consensus price target up from ₩58,250 to ₩60,444. Share price was steady at ₩47,550 over the past week.
Price Target Changed • Sep 09Price target decreased to ₩57,286Down from ₩62,000, the current price target is an average from 7 analysts. New target price is 32% above last closing price of ₩43,550. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₩3,405 for next year compared to ₩7,391 last year.
공시 • Apr 28DoubleUGames Co., Ltd. (KOSE:A192080) entered into a non-binding expression of interest to acquire remaining 32.95% stake in DoubleDown Interactive Co., Ltd. (NasdaqGS:DDI) for approximately $180 million.DoubleUGames Co., Ltd. (KOSE:A192080) entered into a non-binding expression of interest to acquire remaining 32.95% stake in DoubleDown Interactive Co., Ltd. (NasdaqGS:DDI) for approximately $180 million on April 27, 2026. A cash consideration valued at $11.25 per share will be paid by DoubleUGames Co., Ltd. As part of consideration, an approximately $184 million value is paid towards common equity of DoubleDown Interactive Co., Ltd. Each ADS represents one-twentieth (1/20) of one DDI common share. The offer price equals the 52-week high price of DDI's ADSs on the NASDAQ Global Select Market and represents, a premium of approximately 22.4% over the DDI ADS closing price on April 27, 2026. Upon completion of the Transaction, DDI would be a wholly owned subsidiary of DoubleU Games. The Transaction is expected to generate significant benefits for both companies and their stakeholders, as it would (i) Enable full strategic and operational integration of the DoubleU Games group, unifying the product, technology, and live operations teams across the combined social casino portfolio; and (ii) Consolidate financial resources of DoubleU Games and DDI into a single balance sheet, allowing the Company greater flexibility to allocate capital toward new content, new game genres, and value-creating acquisitions. The Transaction will be fully funded through available cash and committed financing and will not be subject to any financing condition. DDI's Board of Directors will form a special committee of independent directors to consider our proposal. DoubleU Games will not proceed without the recommendation of such special committee, acting independently and in accordance with its fiduciary duties and the execution of a mutually agreed definitive agreement. The Transaction will be subject to customary closing conditions, including: (i) the affirmative vote of at least 95% of DDI's outstanding common shares, including a majority of votes cast by shareholders other than DoubleU Games; and (ii) receipt of all required regulatory clearances. DoubleU Games has engaged Paul Hastings LLP and Kim & Chang as its U.S. and Korean legal advisors, respectively, in connection with the Transaction.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩62,500, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Hospitality industry in South Korea. Total returns to shareholders of 74% over the past three years.
공시 • Apr 17DoubleUGames Co., Ltd. (KOSE:A192080) agreed to acquire an additional 13.33% stake in Paxie Games Oyun ve Yazilim Anonim Sirketi for KRW 8.7 billion.DoubleUGames Co., Ltd. (KOSE:A192080) agreed to acquire an additional 13.33% stake in Paxie Games Oyun ve Yazilim Anonim Sirketi for KRW 8.7 billion on April 14, 2026. Upon completion, DoubleUGames Co., Ltd. will own 73.33% stake in Paxie Games Oyun ve Yazilim Anonim Sirketi. DoubleUGames plans to utilize its existing treasury shares as the payment for the acquisition of the Paxie Games stake. For the period ending December 31, 2025, Paxie Games Oyun ve Yazilim Anonim Sirketi reported total revenue of KRW 45.09 billion and net loss of KRW 4.7 billion. As of December 31, 2025, Paxie Games Oyun ve Yazilim Anonim Sirketi reported total assets of KRW 20.48 billion and total common equity of KRW 5 million. The expected completion of the transaction is April 16, 2026.
분석 기사 • Mar 26There May Be Some Bright Spots In DoubleUGames' (KRX:192080) EarningsThe market for DoubleUGames Co., Ltd.'s ( KRX:192080 ) shares didn't move much after it posted weak earnings recently...
Reported Earnings • Mar 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₩6,651 (down from ₩9,441 in FY 2024). Revenue: ₩719.9b (up 14% from FY 2024). Net income: ₩131.3b (down 30% from FY 2024). Profit margin: 18% (down from 30% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Hospitality industry in South Korea. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Mar 13DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2026DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: meta art hall, 143, tehaeran-ro, gangnam-gu, seoul South Korea
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩47,300, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Hospitality industry in South Korea. Total returns to shareholders of 35% over the past three years.
공시 • Jan 30DoubleUGames Co., Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026DoubleUGames Co., Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026
공시 • Oct 30DoubleUGames Co., Ltd. to Report Q3, 2025 Results on Nov 11, 2025DoubleUGames Co., Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025
공시 • Aug 02DoubleUGames Co., Ltd. to Report First Half, 2025 Results on Aug 13, 2025DoubleUGames Co., Ltd. announced that they will report first half, 2025 results on Aug 13, 2025
공시 • Jul 09DoubleUGames Co., Ltd. (KOSE:A192080) announces an Equity Buyback for KRW 35,000 million worth of its shares.DoubleUGames Co., Ltd. (KOSE:A192080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 35,000 million worth of its shares under the contract with Hanhwa Investment & Securities Co., Ltd. The purpose of the program is to stabilize the stock price and to enhance the shareholders’ value. The program will be valid till January 9, 2026. As of August 29, 2022, the company had 1,546,971 common shares in treasury under the dividend capacity and 5,338 common shares in treasury under other capacities.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩63,200, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Hospitality industry in South Korea. Total returns to shareholders of 105% over the past three years.
Major Estimate Revision • May 17Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩698.1m to ₩662.0m. EPS estimate also fell from ₩8,393 per share to ₩6,230 per share. Net income forecast to shrink 4.0% next year vs 46% growth forecast for Hospitality industry in South Korea . Consensus price target broadly unchanged at ₩65,800. Share price fell 10% to ₩51,200 over the past week.
공시 • Mar 26DoubleUGames Co., Ltd. (KOSE:A192080) completed the acquisition of 60% stake in Paxie Games for $29.9 million.DoubleUGames Co., Ltd. (KOSE:A192080) entered into an agreement to acquire 60% stake in Paxie Games for $67 million on December 26, 2024. A cash consideration of $27 million will be paid by DoubleUGames Co., Ltd. and will pay an earnout of $40 million. The acquisition will be financed through a combination of treasury shares and cash. The remaining 40% stake to be acquired over a span of three years, subject to achieving certain financial targets, resulting in full ownership by the end of third year. Arma Capital acted as financial advisor and BASEAK acted as legal advisor for DoubleUGames Co., Ltd. DoubleUGames Co., Ltd. (KOSE:A192080) completed the acquisition of 60% stake in Paxie Games for $29.9 million on March 26, 2024. Merger review completed on March 26, finalizing the acquisition of Paxie Games with an upfront payment of $29.9 million for 60% of the company’s ownership, with the remaining ownership to be acquired through an earnout structure over a three-year period. DoubleU Games has proceeded with the necessary steps including merger clearance from the Turkish competition authority.
분석 기사 • Mar 25Shareholders Will Be Pleased With The Quality of DoubleUGames' (KRX:192080) EarningsEven though DoubleUGames Co., Ltd.'s ( KRX:192080 ) recent earnings release was robust, the market didn't seem to...
New Risk • Mar 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
공시 • Mar 13DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2025DoubleUGames Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 143, tehaeran-ro, gangnam-gu, seoul South Korea
새로운 내러티브 • Feb 22Doubling DTC Payments And iGaming Expansion Will Drive Future Profitability Expansion in iGaming and casual gaming is poised to significantly boost revenue, supported by strategic marketing cost efficiencies that enhance profitability.
공시 • Feb 06DoubleUGames Co., Ltd. to Report Fiscal Year 2024 Results on Feb 12, 2025DoubleUGames Co., Ltd. announced that they will report fiscal year 2024 results on Feb 12, 2025
공시 • Dec 27DoubleUGames Co., Ltd. (KOSE:A192080) entered into an agreement to acquire 60% stake in Paxie Games for $67 million.DoubleUGames Co., Ltd. (KOSE:A192080) entered into an agreement to acquire 60% stake in Paxie Games for $67 million on December 26, 2024. A cash consideration of $27 million will be paid by DoubleUGames Co., Ltd. and will pay an earnout of $40 million. Arma Capital acted as financial advisor and BASEAK acted as legal advisor for DoubleUGames Co., Ltd. The acquisition will be financed through a combination of treasury shares and cash. The remaining 40% stake to be acquired over a span of three years, subject to achieving certain financial targets, resulting in full ownership by the end of third year.
Major Estimate Revision • Nov 16Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩655.6m to ₩644.1m. EPS estimate also fell from ₩8,493 per share to ₩7,513 per share. Net income forecast to grow 0.3% next year vs 44% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩62,900 unchanged from last update. Share price fell 7.3% to ₩47,000 over the past week.
공시 • Oct 28DoubleUGames Co., Ltd. to Report Nine Months, 2024 Results on Nov 12, 2024DoubleUGames Co., Ltd. announced that they will report nine months, 2024 results on Nov 12, 2024
분석 기사 • Aug 22We Think DoubleUGames' (KRX:192080) Profit Is Only A Baseline For What They Can AchieveEven though DoubleUGames Co., Ltd.'s ( KRX:192080 ) recent earnings release was robust, the market didn't seem to...
공시 • Jul 25DoubleUGames Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024DoubleUGames Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
분석 기사 • May 13Returns On Capital At DoubleUGames (KRX:192080) Have StalledTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
New Risk • Apr 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 23Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₩9,016 (up from ₩7,815 loss in FY 2022). Revenue: ₩582.3b (down 5.7% from FY 2022). Net income: ₩149.1b (up ₩281.3b from FY 2022). Profit margin: 26% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 14Does DoubleUGames (KRX:192080) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Mar 08DoubleUGames Co., Ltd., Annual General Meeting, Mar 28, 2024DoubleUGames Co., Ltd., Annual General Meeting, Mar 28, 2024, at 09:01 Korea Standard Time. Location: 143, Teheran-ro, Gangnam-gu, Seoul, Meta Art |Hall at B1F of Goun Building Seoul South Korea Agenda: To approve 12th consolidated financial statement and financial statement (Dividend: KRW 1,000 per share); Revision of the Articles; To Revision of the Articles of Incorporation; To appointment of Inside Directors; to approve director’s remuneration limit; to revision of payment regulations on directors retirement allowance.
Price Target Changed • Feb 17Price target increased by 8.0% to ₩59,537Up from ₩55,118, the current price target is an average from 9 analysts. New target price is 26% above last closing price of ₩47,100. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₩7,060 next year compared to a net loss per share of ₩6,513 last year.
공시 • Feb 05DoubleUGames Co., Ltd. to Report Q4, 2023 Results on Feb 14, 2024DoubleUGames Co., Ltd. announced that they will report Q4, 2023 results on Feb 14, 2024
Upcoming Dividend • Dec 20Upcoming dividend of ₩600 per share at 1.2% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.1%).
공시 • Jul 29DoubleUGames Co., Ltd. to Report First Half, 2023 Results on Aug 09, 2023DoubleUGames Co., Ltd. announced that they will report first half, 2023 results on Aug 09, 2023
Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: ₩7,815 loss per share (down from ₩7,391 profit in FY 2021). Revenue: ₩617.3b (down 1.1% from FY 2021). Net loss: ₩132.2b (down 205% from profit in FY 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Upcoming Dividend • Dec 21Upcoming dividend of ₩700 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.1%).
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Major Estimate Revision • Nov 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ₩1,848 to ₩2,689. Revenue forecast steady at ₩622.3m. Net income forecast to grow 16% next year vs 16% growth forecast for Hospitality industry in South Korea. Consensus price target of ₩60,444 unchanged from last update. Share price was steady at ₩47,350 over the past week.
Major Estimate Revision • Oct 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩2,533 to ₩1,989 per share. Revenue forecast steady at ₩622.0m. Net income forecast to grow 24% next year vs 24% growth forecast for Hospitality industry in South Korea. Consensus price target up from ₩58,250 to ₩60,444. Share price was steady at ₩47,550 over the past week.
Price Target Changed • Sep 09Price target decreased to ₩57,286Down from ₩62,000, the current price target is an average from 7 analysts. New target price is 32% above last closing price of ₩43,550. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₩3,405 for next year compared to ₩7,391 last year.
공시 • Aug 30DoubleUGames Co., Ltd. (KOSE:A192080) announces an Equity Buyback for KRW 30,000 million worth of its shares.DoubleUGames Co., Ltd. (KOSE:A192080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,000 million worth of its shares under the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to stabilize the stock price and to enhance the shareholders’ value. The program will be valid till February 28, 2023. As of August 29, 2022, the company had 1,398,976 common shares in treasury under the dividend capacity and nil common shares in treasury under other capacities.
Major Estimate Revision • Aug 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩6,037 to ₩3,540 per share. Revenue forecast steady at ₩619.6m. Net income forecast to shrink 5.7% next year vs 88% growth forecast for Hospitality industry in South Korea . Consensus price target broadly unchanged at ₩63,167. Share price fell 4.4% to ₩40,450 over the past week.
Price Target Changed • Jun 29Price target decreased to ₩61,200Down from ₩68,000, the current price target is an average from 4 analysts. New target price is 58% above last closing price of ₩38,750. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₩6,029 for next year compared to ₩7,391 last year.
Major Estimate Revision • May 17Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩628.2m to ₩610.1m. EPS estimate also fell from ₩6,827 per share to ₩6,029 per share. Net income forecast to shrink 14% next year vs 27% growth forecast for Hospitality industry in South Korea . Consensus price target down from ₩68,000 to ₩63,333. Share price fell 5.7% to ₩43,800 over the past week.
Major Estimate Revision • May 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩6,827 to ₩5,894 per share. Revenue forecast steady at ₩623.2m. Net income forecast to shrink 20% next year vs 7.6% decline forecast for Hospitality industry in South Korea. Consensus price target down from ₩68,000 to ₩66,250. Share price fell 14% to ₩41,950 over the past week.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Major Estimate Revision • Feb 18Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩679.1m to ₩632.3m. EPS estimate also fell from ₩7,623 per share to ₩6,827 per share. Net income forecast to shrink 6.4% next year vs 19% growth forecast for Hospitality industry in South Korea . Consensus price target down from ₩77,200 to ₩75,200. Share price was steady at ₩50,400 over the past week.
Upcoming Dividend • Dec 22Upcoming dividend of ₩350 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 19 April 2022. Payout ratio is a comfortable 4.7% 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 (1.1%).
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩66,500, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 23x in the Hospitality industry in Asia. Total loss to shareholders of 4.0% over the past three years.
Reported Earnings • Mar 19Full year 2020 earnings released: EPS ₩6,634 (vs ₩6,541 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: ₩658.2b (up 28% from FY 2019). Net income: ₩112.3b (up 1.8% from FY 2019). Profit margin: 17% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Mar 04DoubleUGames Co., Ltd., Annual General Meeting, Mar 24, 2021DoubleUGames Co., Ltd., Annual General Meeting, Mar 24, 2021, at 09:00 Korea Standard Time.
분석 기사 • Mar 03How Does DoubleUGames Co., Ltd. (KRX:192080) Fare As A Dividend Stock?Dividend paying stocks like DoubleUGames Co., Ltd. ( KRX:192080 ) tend to be popular with investors, and for good...
Is New 90 Day High Low • Feb 24New 90-day low: ₩56,300The company is down 4.0% from its price of ₩58,900 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 Hospitality industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩67,490 per share.
분석 기사 • Feb 16DoubleUGames Co., Ltd.'s (KRX:192080) Stock Has Fared Decently: Is the Market Following Strong Financials?Most readers would already know that DoubleUGames' (KRX:192080) stock increased by 3.3% over the past three months...
분석 기사 • Feb 02What We Make Of DoubleUGames' (KRX:192080) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
공시 • Jan 23DoubleUGames Co., Ltd. to Report Fiscal Year 2020 Results on Feb 04, 2021DoubleUGames Co., Ltd. announced that they will report fiscal year 2020 results on Feb 04, 2021
분석 기사 • Jan 20Here's What DoubleUGames Co., Ltd.'s (KRX:192080) Shareholder Ownership Structure Looks LikeA look at the shareholders of DoubleUGames Co., Ltd. ( KRX:192080 ) can tell us which group is most powerful. Large...
분석 기사 • Jan 07Did You Miss DoubleUGames' (KRX:192080) 24% Share Price Gain?It hasn't been the best quarter for DoubleUGames Co., Ltd. ( KRX:192080 ) shareholders, since the share price has...
분석 기사 • Dec 25Should You Buy DoubleUGames Co., Ltd. (KRX:192080) For Its Upcoming Dividend?Readers hoping to buy DoubleUGames Co., Ltd. ( KRX:192080 ) for its dividend will need to make their move shortly, as...
분석 기사 • Dec 22An Intrinsic Calculation For DoubleUGames Co., Ltd. (KRX:192080) Suggests It's 33% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of DoubleUGames Co., Ltd...
분석 기사 • Dec 07Are DoubleUGames's (KRX:192080) Statutory Earnings A Good Reflection Of Its Earnings Potential?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Is New 90 Day High Low • Dec 07New 90-day low: ₩56,900The company is down 27% from its price of ₩77,700 on 08 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩78,550 per share.
분석 기사 • Nov 24Are You An Income Investor? Don't Miss Out On DoubleUGames Co., Ltd. (KRX:192080)Could DoubleUGames Co., Ltd. (KRX:192080) be an attractive dividend share to own for the long haul? Investors are...
Is New 90 Day High Low • Nov 11New 90-day low: ₩60,800The company is down 23% from its price of ₩79,200 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩86,570 per share.
Is New 90 Day High Low • Oct 15New 90-day low: ₩71,000The company is down 6.0% from its price of ₩75,200 on 17 July 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩100,298 per share.
공시 • Jul 26DoubleUGames Co., Ltd. to Report First Half, 2020 Results on Jul 23, 2020DoubleUGames Co., Ltd. announced that they will report first half, 2020 results on Jul 23, 2020
