View Future GrowthVenueG 과거 순이익 실적과거 기준 점검 3/6VenueG은 연평균 33.9%의 비율로 수입이 증가해 온 반면, Multiline Retail 산업은 수입이 3.5% 감소했습니다. 매출은 연평균 0.6%의 비율로 감소했습니다. VenueG의 자기자본이익률은 29.8%이고 순이익률은 284.1%입니다.핵심 정보33.93%순이익 성장률33.92%주당순이익(EPS) 성장률Multiline Retail 산업 성장률1.99%매출 성장률-0.59%자기자본이익률29.77%순이익률284.06%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트분석 기사 • May 24VenueG's (KOSDAQ:019010) Attractive Earnings Are Not All Good News For ShareholdersThe latest earnings release from VenueG Co., Ltd. ( KOSDAQ:019010 ) disappointed investors. We did some digging and...분석 기사 • Nov 21We Think That There Are Issues Underlying VenueG's (KOSDAQ:019010) EarningsDespite posting some strong earnings, the market for VenueG Co., Ltd.'s ( KOSDAQ:019010 ) stock hasn't moved much. Our...Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: ₩779 (vs ₩302 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩779 (up from ₩302 loss in 3Q 2024). Revenue: ₩10.7b (up 6.5% from 3Q 2024). Net income: ₩31.3b (up ₩43.5b from 3Q 2024). 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 4% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 28VenueG's (KOSDAQ:019010) Earnings Are Of Questionable QualityVenueG Co., Ltd.'s ( KOSDAQ:019010 ) robust earnings report didn't manage to move the market for its stock. We did some...분석 기사 • Feb 09We're Not So Sure You Should Rely on VenueG's (KOSDAQ:019010) Statutory EarningsAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...모든 업데이트 보기Recent updates분석 기사 • May 24VenueG's (KOSDAQ:019010) Attractive Earnings Are Not All Good News For ShareholdersThe latest earnings release from VenueG Co., Ltd. ( KOSDAQ:019010 ) disappointed investors. We did some digging and...Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩6,160, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 20x in the Multiline Retail industry in South Korea. Total returns to shareholders of 205% over the past three years.Buy Or Sell Opportunity • Apr 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 80% to ₩4,980. The fair value is estimated to be ₩3,964, 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. Meanwhile, the company has become profitable.New Risk • Apr 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).공고 • Mar 13VenueG Co., Ltd., Annual General Meeting, Mar 27, 2026VenueG Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 388, gangseo-ro, gangseo-gu, seoul South KoreaValuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩5,020, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 11x in the Multiline Retail industry in South Korea. Total returns to shareholders of 145% over the past three years.분석 기사 • Feb 15Here's Why VenueG (KOSDAQ:019010) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩5,020, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 13x in the Multiline Retail industry in South Korea. Total returns to shareholders of 146% over the past three years.New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results.분석 기사 • Jan 28Revenues Tell The Story For VenueG Co., Ltd. (KOSDAQ:019010) As Its Stock Soars 37%VenueG Co., Ltd. ( KOSDAQ:019010 ) shares have continued their recent momentum with a 37% gain in the last month alone...Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩3,705, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 9x in the Multiline Retail industry in South Korea. Total returns to shareholders of 84% over the past three years.Buy Or Sell Opportunity • Jan 23Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to ₩3,250. The fair value is estimated to be ₩2,523, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩3,195, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 9x in the Multiline Retail industry in South Korea. Total returns to shareholders of 56% over the past three years.Buy Or Sell Opportunity • Jan 09Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to ₩3,150. The fair value is estimated to be ₩2,480, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Dec 22Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (3.1%).분석 기사 • Nov 21We Think That There Are Issues Underlying VenueG's (KOSDAQ:019010) EarningsDespite posting some strong earnings, the market for VenueG Co., Ltd.'s ( KOSDAQ:019010 ) stock hasn't moved much. Our...Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: ₩779 (vs ₩302 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩779 (up from ₩302 loss in 3Q 2024). Revenue: ₩10.7b (up 6.5% from 3Q 2024). Net income: ₩31.3b (up ₩43.5b from 3Q 2024). 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 4% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Nov 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.3% to ₩2,400. The fair value is estimated to be ₩1,994, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years, while earnings per share has been flat.Declared Dividend • Nov 08Dividend of ₩50.00 announcedDividend of ₩50.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (154% earnings payout ratio). However, it is well covered by cash flows (12% cash payout ratio). The dividend has increased by an average of 8.9% per year over the past 6 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 71% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend.공고 • Nov 07VenueG Co., Ltd. announces Annual dividend, payable on April 15, 2026VenueG Co., Ltd. announced Annual dividend of KRW 50.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.Buy Or Sell Opportunity • Oct 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.3% to ₩2,405. The fair value is estimated to be ₩1,995, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years, while earnings per share has been flat.Buy Or Sell Opportunity • Sep 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 9.9% to ₩2,450. The fair value is estimated to be ₩1,995, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years, while earnings per share has been flat.New Risk • Apr 18New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 2.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩83.4b market cap, or US$58.7m).공고 • Mar 12VenueG Co., Ltd., Annual General Meeting, Mar 28, 2025VenueG Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 388, gangseo-ro, gangseo-gu, seoul South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 18 April 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (4.4%).New Risk • Dec 07New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results. Market cap is less than US$100m (₩87.8b market cap, or US$61.7m).New Risk • Dec 02New major risk - Revenue and earnings growthEarnings have declined by 4.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (₩90.0b market cap, or US$64.1m).분석 기사 • Nov 25Some Confidence Is Lacking In VenueG Co., Ltd.'s (KOSDAQ:019010) P/EWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 11x, you may consider VenueG...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. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩90.9b market cap, or US$69.0m).New Risk • Aug 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.9% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.9% net profit margin). Market cap is less than US$100m (₩92.5b market cap, or US$69.3m).공고 • Aug 07VenueG Co., Ltd. announced that it has received KRW 20 billion in fundingOn August 6, 2024, VenueG Co., Ltd. closed the transaction.분석 기사 • Mar 28VenueG's (KOSDAQ:019010) Earnings Are Of Questionable QualityVenueG Co., Ltd.'s ( KOSDAQ:019010 ) robust earnings report didn't manage to move the market for its stock. We did some...Upcoming Dividend • Dec 20Upcoming dividend of ₩30.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (3.5%).Upcoming Dividend • Dec 21Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.2%).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 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: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 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: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Dec 22Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₩2,510, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 25x in the Multiline Retail industry in Asia. Total returns to shareholders of 97% over the past three years.분석 기사 • Mar 07Does VenueG (KOSDAQ:019010) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Feb 09We're Not So Sure You Should Rely on VenueG's (KOSDAQ:019010) Statutory EarningsAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...Is New 90 Day High Low • Jan 21New 90-day high: ₩1,910The company is up 27% from its price of ₩1,500 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is up 15% over the same period.분석 기사 • Jan 18Returns On Capital - An Important Metric For VenueG (KOSDAQ:019010)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...분석 기사 • Dec 24Income Investors Should Know That VenueG Co., Ltd. (KOSDAQ:019010) Goes Ex-Dividend SoonSome investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...Is New 90 Day High Low • Dec 24New 90-day high: ₩1,780The company is up 25% from its price of ₩1,420 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 24% over the same period.Is New 90 Day High Low • Dec 09New 90-day high: ₩1,575The company is up 9.0% from its price of ₩1,450 on 10 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 Multiline Retail industry, which is up 22% over the same period.분석 기사 • Dec 07Here's Why VenueG (KOSDAQ:019010) Is Weighed Down By Its Debt LoadThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...매출 및 비용 세부 내역VenueG가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSDAQ:A019010 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Mar 2649,509140,63415,360031 Dec 2548,24394,80214,558030 Sep 2549,67745,66814,144030 Jun 2549,0172,20013,447031 Mar 2548,806-4,14813,153031 Dec 2447,885-11,71612,928030 Sep 2450,9144,53315,512030 Jun 2458,0806,06117,872031 Mar 2461,11510,54420,344031 Dec 2365,04713,75123,051030 Sep 2364,2698,58522,245030 Jun 2360,87611,74221,998031 Mar 2360,817-6,02821,219031 Dec 2258,928-19,90020,470030 Sep 2256,061-21,64520,039030 Jun 2255,49223,92119,408031 Mar 2251,29033,77019,054031 Dec 2150,92941,63918,708030 Sep 2148,94842,07218,208030 Jun 2147,9044,83917,962031 Mar 2148,0515,75118,058031 Dec 2049,0838,67318,685030 Sep 2053,1557,18219,414030 Jun 2055,3676,31223,088031 Mar 2057,2255,16623,970031 Dec 1958,9713,58322,719030 Sep 1957,12194223,443030 Jun 1955,4213,10223,883031 Mar 1952,3922,97023,693031 Dec 1852,3903,38023,937030 Sep 1851,6932,29125,985030 Jun 1850,880-38125,140031 Mar 1847,463-1,56122,843031 Dec 1752,442-92023,325030 Sep 1756,55217,01122,070030 Jun 1761,02115,50222,718031 Mar 1769,46217,38026,561031 Dec 1669,74913,53629,531030 Sep 1668,890-3,52530,867030 Jun 1668,431-4,33530,582031 Mar 1668,67735,47332,185031 Dec 1568,37538,06828,043030 Sep 1566,36232,95326,4830양질의 수익: A019010의 비현금 수익 수준이 높습니다.이익 마진 증가: A019010는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A019010의 수익은 지난 5년 동안 연평균 33.9%로 크게 증가했습니다.성장 가속화: A019010는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: A019010는 지난해 흑자전환하여 지난 해 수익 성장률을 Multiline Retail 업계(10.3%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: A019010의 자본 수익률(29.8%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/13 08:29종가2026/07/13 00:00수익2026/03/31연간 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스VenueG Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
분석 기사 • May 24VenueG's (KOSDAQ:019010) Attractive Earnings Are Not All Good News For ShareholdersThe latest earnings release from VenueG Co., Ltd. ( KOSDAQ:019010 ) disappointed investors. We did some digging and...
분석 기사 • Nov 21We Think That There Are Issues Underlying VenueG's (KOSDAQ:019010) EarningsDespite posting some strong earnings, the market for VenueG Co., Ltd.'s ( KOSDAQ:019010 ) stock hasn't moved much. Our...
Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: ₩779 (vs ₩302 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩779 (up from ₩302 loss in 3Q 2024). Revenue: ₩10.7b (up 6.5% from 3Q 2024). Net income: ₩31.3b (up ₩43.5b from 3Q 2024). 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 4% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 28VenueG's (KOSDAQ:019010) Earnings Are Of Questionable QualityVenueG Co., Ltd.'s ( KOSDAQ:019010 ) robust earnings report didn't manage to move the market for its stock. We did some...
분석 기사 • Feb 09We're Not So Sure You Should Rely on VenueG's (KOSDAQ:019010) Statutory EarningsAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
분석 기사 • May 24VenueG's (KOSDAQ:019010) Attractive Earnings Are Not All Good News For ShareholdersThe latest earnings release from VenueG Co., Ltd. ( KOSDAQ:019010 ) disappointed investors. We did some digging and...
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩6,160, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 20x in the Multiline Retail industry in South Korea. Total returns to shareholders of 205% over the past three years.
Buy Or Sell Opportunity • Apr 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 80% to ₩4,980. The fair value is estimated to be ₩3,964, 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. Meanwhile, the company has become profitable.
New Risk • Apr 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
공고 • Mar 13VenueG Co., Ltd., Annual General Meeting, Mar 27, 2026VenueG Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 388, gangseo-ro, gangseo-gu, seoul South Korea
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩5,020, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 11x in the Multiline Retail industry in South Korea. Total returns to shareholders of 145% over the past three years.
분석 기사 • Feb 15Here's Why VenueG (KOSDAQ:019010) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩5,020, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 13x in the Multiline Retail industry in South Korea. Total returns to shareholders of 146% over the past three years.
New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results.
분석 기사 • Jan 28Revenues Tell The Story For VenueG Co., Ltd. (KOSDAQ:019010) As Its Stock Soars 37%VenueG Co., Ltd. ( KOSDAQ:019010 ) shares have continued their recent momentum with a 37% gain in the last month alone...
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩3,705, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 9x in the Multiline Retail industry in South Korea. Total returns to shareholders of 84% over the past three years.
Buy Or Sell Opportunity • Jan 23Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to ₩3,250. The fair value is estimated to be ₩2,523, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩3,195, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 9x in the Multiline Retail industry in South Korea. Total returns to shareholders of 56% over the past three years.
Buy Or Sell Opportunity • Jan 09Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to ₩3,150. The fair value is estimated to be ₩2,480, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Dec 22Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (3.1%).
분석 기사 • Nov 21We Think That There Are Issues Underlying VenueG's (KOSDAQ:019010) EarningsDespite posting some strong earnings, the market for VenueG Co., Ltd.'s ( KOSDAQ:019010 ) stock hasn't moved much. Our...
Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: ₩779 (vs ₩302 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩779 (up from ₩302 loss in 3Q 2024). Revenue: ₩10.7b (up 6.5% from 3Q 2024). Net income: ₩31.3b (up ₩43.5b from 3Q 2024). 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 4% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Nov 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.3% to ₩2,400. The fair value is estimated to be ₩1,994, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years, while earnings per share has been flat.
Declared Dividend • Nov 08Dividend of ₩50.00 announcedDividend of ₩50.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (154% earnings payout ratio). However, it is well covered by cash flows (12% cash payout ratio). The dividend has increased by an average of 8.9% per year over the past 6 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 71% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend.
공고 • Nov 07VenueG Co., Ltd. announces Annual dividend, payable on April 15, 2026VenueG Co., Ltd. announced Annual dividend of KRW 50.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
Buy Or Sell Opportunity • Oct 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.3% to ₩2,405. The fair value is estimated to be ₩1,995, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years, while earnings per share has been flat.
Buy Or Sell Opportunity • Sep 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 9.9% to ₩2,450. The fair value is estimated to be ₩1,995, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years, while earnings per share has been flat.
New Risk • Apr 18New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 2.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩83.4b market cap, or US$58.7m).
공고 • Mar 12VenueG Co., Ltd., Annual General Meeting, Mar 28, 2025VenueG Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 388, gangseo-ro, gangseo-gu, seoul South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 18 April 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (4.4%).
New Risk • Dec 07New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results. Market cap is less than US$100m (₩87.8b market cap, or US$61.7m).
New Risk • Dec 02New major risk - Revenue and earnings growthEarnings have declined by 4.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (₩90.0b market cap, or US$64.1m).
분석 기사 • Nov 25Some Confidence Is Lacking In VenueG Co., Ltd.'s (KOSDAQ:019010) P/EWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 11x, you may consider VenueG...
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. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩90.9b market cap, or US$69.0m).
New Risk • Aug 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.9% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.9% net profit margin). Market cap is less than US$100m (₩92.5b market cap, or US$69.3m).
공고 • Aug 07VenueG Co., Ltd. announced that it has received KRW 20 billion in fundingOn August 6, 2024, VenueG Co., Ltd. closed the transaction.
분석 기사 • Mar 28VenueG's (KOSDAQ:019010) Earnings Are Of Questionable QualityVenueG Co., Ltd.'s ( KOSDAQ:019010 ) robust earnings report didn't manage to move the market for its stock. We did some...
Upcoming Dividend • Dec 20Upcoming dividend of ₩30.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (3.5%).
Upcoming Dividend • Dec 21Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.2%).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 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: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 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: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Dec 22Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 2.9% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₩2,510, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 25x in the Multiline Retail industry in Asia. Total returns to shareholders of 97% over the past three years.
분석 기사 • Mar 07Does VenueG (KOSDAQ:019010) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Feb 09We're Not So Sure You Should Rely on VenueG's (KOSDAQ:019010) Statutory EarningsAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
Is New 90 Day High Low • Jan 21New 90-day high: ₩1,910The company is up 27% from its price of ₩1,500 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is up 15% over the same period.
분석 기사 • Jan 18Returns On Capital - An Important Metric For VenueG (KOSDAQ:019010)To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
분석 기사 • Dec 24Income Investors Should Know That VenueG Co., Ltd. (KOSDAQ:019010) Goes Ex-Dividend SoonSome investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Is New 90 Day High Low • Dec 24New 90-day high: ₩1,780The company is up 25% from its price of ₩1,420 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 24% over the same period.
Is New 90 Day High Low • Dec 09New 90-day high: ₩1,575The company is up 9.0% from its price of ₩1,450 on 10 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 Multiline Retail industry, which is up 22% over the same period.
분석 기사 • Dec 07Here's Why VenueG (KOSDAQ:019010) Is Weighed Down By Its Debt LoadThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...