View Future GrowthEMRO 과거 순이익 실적현재 이 회사의 최신 실적 보고서를 처리하고 있습니다과거 기준 점검 2/6EMRO은 연평균 4.4%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 10.6% 증가했습니다. 매출은 연평균 14.6%의 비율로 증가했습니다. EMRO의 자기자본이익률은 2.7%이고 순이익률은 3.5%입니다.핵심 정보4.42%순이익 성장률0.41%주당순이익(EPS) 성장률Software 산업 성장률14.56%매출 성장률14.57%자기자본이익률2.65%순이익률3.49%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Mar 16Full year 2024 earnings released: EPS: ₩1,611 (vs ₩2,359 loss in FY 2023)Full year 2024 results: EPS: ₩1,611 (up from ₩2,359 loss in FY 2023). Revenue: ₩79.5b (up 26% from FY 2023). Net income: ₩18.6b (up ₩45.1b from FY 2023). Profit margin: 23% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.분석 기사 • Mar 13We Think That There Are Issues Underlying EMRO's (KOSDAQ:058970) EarningsLast week's profit announcement from EMRO., Incorporated. ( KOSDAQ:058970 ) was underwhelming for investors, despite...Reported Earnings • Mar 15Full year 2023 earnings released: ₩2,385 loss per share (vs ₩578 profit in FY 2022)Full year 2023 results: ₩2,385 loss per share (down from ₩578 profit in FY 2022). Revenue: ₩63.2b (up 7.8% from FY 2022). Net loss: ₩26.7b (down ₩33.2b from profit in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 178 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 22Now 33% overvaluedOver the last 90 days, the stock has fallen 40% to ₩24,900. The fair value is estimated to be ₩18,770, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are also forecast to grow by 45% per annum over the same time period.분석 기사 • May 20What Does EMRO., Incorporated.'s (KOSDAQ:058970) Share Price Indicate?EMRO., Incorporated. ( KOSDAQ:058970 ), is not the largest company out there, but it received a lot of attention from a...Major Estimate Revision • Apr 10Consensus revenue estimates fall by 20%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩107.0m to ₩86.0m. EPS estimate fell from ₩1,341 to ₩542 per share. Net income forecast to grow 139% next year vs 56% growth forecast for Software industry in South Korea. Consensus price target down from ₩50,000 to ₩23,000. Share price was steady at ₩26,000 over the past week.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩33,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Software industry in South Korea. Total returns to shareholders of 28% over the past three years.공시 • Feb 27EMRO., Incorporated., Annual General Meeting, Mar 18, 2026EMRO., Incorporated., Annual General Meeting, Mar 18, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 11, dangsan-ro 41-gil, yeongdeungpo-gu, seoul South KoreaNew Risk • Nov 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% 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 (26% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (6.5% net profit margin).분석 기사 • Nov 19With EMRO., Incorporated. (KOSDAQ:058970) It Looks Like You'll Get What You Pay ForWhen close to half the companies in the Software industry in Korea have price-to-sales ratios (or "P/S") below 1.7x...New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Aug 21Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₩41,600. The fair value is estimated to be ₩52,348, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 3.2% in the next 2 years.New Risk • Jun 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jun 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.9% to ₩50,600. The fair value is estimated to be ₩63,881, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to decline by 14% in the next 2 years.분석 기사 • Jun 11Subdued Growth No Barrier To EMRO., Incorporated.'s (KOSDAQ:058970) PriceWhen you see that almost half of the companies in the Software industry in Korea have price-to-sales ratios (or "P/S...New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% 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 Risks Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. High level of non-cash earnings (25% accrual ratio).분석 기사 • Apr 26Is EMRO., Incorporated. (KOSDAQ:058970) Trading At A 27% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, EMRO fair value estimate is ₩80,423 EMRO's ₩58,900 share price...Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩43,550, the stock trades at a trailing P/E ratio of 28.6x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 126% over the past three years.New Risk • Mar 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.6% 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 Risks Earnings are forecast to decline by an average of 6.8% per year for the foreseeable future. High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change).Reported Earnings • Mar 16Full year 2024 earnings released: EPS: ₩1,611 (vs ₩2,359 loss in FY 2023)Full year 2024 results: EPS: ₩1,611 (up from ₩2,359 loss in FY 2023). Revenue: ₩79.5b (up 26% from FY 2023). Net income: ₩18.6b (up ₩45.1b from FY 2023). Profit margin: 23% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.분석 기사 • Mar 13We Think That There Are Issues Underlying EMRO's (KOSDAQ:058970) EarningsLast week's profit announcement from EMRO., Incorporated. ( KOSDAQ:058970 ) was underwhelming for investors, despite...New Risk • Mar 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% 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 Risks Earnings are forecast to decline by an average of 6.8% per year for the foreseeable future. High level of non-cash earnings (25% accrual ratio).분석 기사 • Feb 26Returns On Capital Signal Tricky Times Ahead For EMRO (KOSDAQ:058970)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공시 • Feb 20EMRO., Incorporated., Annual General Meeting, Mar 19, 2025EMRO., Incorporated., Annual General Meeting, Mar 19, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 11, dangsan-ro 41-gil, yeongdeungpo-gu, seoul South KoreaBuy Or Sell Opportunity • Dec 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₩63,800. The fair value is estimated to be ₩52,653, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.Buy Or Sell Opportunity • Dec 05Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 57% to ₩67,700. The fair value is estimated to be ₩52,697, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.Buy Or Sell Opportunity • Nov 14Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to ₩68,000. The fair value is estimated to be ₩55,217, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.분석 기사 • Nov 08EMRO., Incorporated. (KOSDAQ:058970) Stocks Shoot Up 26% But Its P/S Still Looks ReasonableDespite an already strong run, EMRO., Incorporated. ( KOSDAQ:058970 ) shares have been powering on, with a gain of 26...분석 기사 • Sep 24Estimating The Fair Value Of EMRO., Incorporated. (KOSDAQ:058970)Key Insights The projected fair value for EMRO is ₩57,028 based on 2 Stage Free Cash Flow to Equity EMRO's ₩53,900...분석 기사 • Sep 06At ₩43,050, Is EMRO., Incorporated. (KOSDAQ:058970) Worth Looking At Closely?While EMRO., Incorporated. ( KOSDAQ:058970 ) might not have the largest market cap around , it saw a decent share price...Buy Or Sell Opportunity • Sep 06Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to ₩43,050. The fair value is estimated to be ₩57,242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.New Risk • Aug 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 100% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (5.7% increase in shares outstanding).New Risk • Aug 06New major risk - Revenue and earnings growthEarnings have declined by 100% 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 100% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.분석 기사 • Aug 04EMRO (KOSDAQ:058970) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...New Risk • Jul 16New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: ₩27b Forecast net loss in 1 year: ₩321m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.분석 기사 • Jun 04EMRO's (KOSDAQ:058970) Returns On Capital Tell Us There Is Reason To Feel UneasyWhen researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...Reported Earnings • Mar 15Full year 2023 earnings released: ₩2,385 loss per share (vs ₩578 profit in FY 2022)Full year 2023 results: ₩2,385 loss per share (down from ₩578 profit in FY 2022). Revenue: ₩63.2b (up 7.8% from FY 2022). Net loss: ₩26.7b (down ₩33.2b from profit in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 178 percentage points per year, which is a significant difference in performance.분석 기사 • Feb 28The Price Is Right For EMRO., Incorporated. (KOSDAQ:058970) Even After Diving 29%EMRO., Incorporated. ( KOSDAQ:058970 ) shareholders that were waiting for something to happen have been dealt a blow...공시 • Jun 01EMRO., Incorporated. announced that it has received KRW 16.5 billion in funding from Samsung SDS Co.,Ltd.On May 31, 2023, EMRO., Incorporated. closed the transaction.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩30,200, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 35x in the Software industry in Asia. Total returns to shareholders of 1,733% over the past three years.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩22,400, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 32x in the Software industry in Asia. Total returns to shareholders of 1,144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩12,168 per share.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩15,700, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Software industry in Asia. Total returns to shareholders of 972% over the past three years.Buying Opportunity • Nov 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be ₩16,687, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 13%. Revenue is forecast to grow by 60% in 2 years. Earnings is forecast to grow by 135% in the next 2 years.공시 • Feb 26EMRO. Incorporated, Annual General Meeting, Mar 25, 2021EMRO. Incorporated, Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time. Location: 5F , Dangsan SK V1 Center, Dangsan-ro 41-gil 11, Yeongdeungpo-gu, Seoul South KoreaIs New 90 Day High Low • Jan 14New 90-day high: ₩14,000The company is up 26% from its price of ₩11,100 on 16 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 Software industry, which is up 12% over the same period.Is New 90 Day High Low • Nov 24New 90-day high: ₩12,400The company is up 52% from its price of ₩8,140 on 26 August 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 9.0% over the same period.Is New 90 Day High Low • Oct 05New 90-day high: ₩8,400The company is up 6.0% from its price of ₩7,920 on 07 July 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.매출 및 비용 세부 내역EMRO가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSDAQ:A058970 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Dec 2583,9802,92921,8645,56130 Sep 2586,4015,64220,1145,81230 Jun 2588,3119,87719,6995,21831 Mar 2585,45819,04318,0074,88831 Dec 2479,45618,60916,9844,29630 Sep 2474,42710,49017,7483,61430 Jun 2467,683-3,64116,6523,41431 Mar 2463,511-27,42214,8693,26131 Dec 2363,174-26,73614,0943,31330 Sep 2360,437-20,03512,7543,25630 Jun 2359,398-10,25311,7363,54731 Mar 2359,5176,04511,3723,48831 Dec 2258,6236,42011,0763,51330 Sep 2258,2736,35110,7393,38330 Jun 2254,5706,36410,1132,85831 Mar 2250,9636,8729,2942,94431 Dec 2147,0155,4138,5922,97730 Sep 2145,9274,0967,6942,20931 Dec 2044,8493,5597,1652,137양질의 수익: A058970는 고품질 수익을 보유하고 있습니다.이익 마진 증가: A058970의 현재 순 이익률 (3.5%)은 지난해 (23.4%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A058970의 수익은 지난 5년 동안 연평균 4.4% 증가했습니다.성장 가속화: A058970은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: A058970은 지난 1년 동안 수익이 감소(-84.3%)하여 Software 업계 평균(9.8%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: A058970의 자본 수익률(2.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/30 21:21종가2026/05/29 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 소스EMRO., Incorporated.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Y. KwonDaiwa Securities Co. Ltd.
Reported Earnings • Mar 16Full year 2024 earnings released: EPS: ₩1,611 (vs ₩2,359 loss in FY 2023)Full year 2024 results: EPS: ₩1,611 (up from ₩2,359 loss in FY 2023). Revenue: ₩79.5b (up 26% from FY 2023). Net income: ₩18.6b (up ₩45.1b from FY 2023). Profit margin: 23% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.
분석 기사 • Mar 13We Think That There Are Issues Underlying EMRO's (KOSDAQ:058970) EarningsLast week's profit announcement from EMRO., Incorporated. ( KOSDAQ:058970 ) was underwhelming for investors, despite...
Reported Earnings • Mar 15Full year 2023 earnings released: ₩2,385 loss per share (vs ₩578 profit in FY 2022)Full year 2023 results: ₩2,385 loss per share (down from ₩578 profit in FY 2022). Revenue: ₩63.2b (up 7.8% from FY 2022). Net loss: ₩26.7b (down ₩33.2b from profit in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 178 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • May 22Now 33% overvaluedOver the last 90 days, the stock has fallen 40% to ₩24,900. The fair value is estimated to be ₩18,770, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are also forecast to grow by 45% per annum over the same time period.
분석 기사 • May 20What Does EMRO., Incorporated.'s (KOSDAQ:058970) Share Price Indicate?EMRO., Incorporated. ( KOSDAQ:058970 ), is not the largest company out there, but it received a lot of attention from a...
Major Estimate Revision • Apr 10Consensus revenue estimates fall by 20%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩107.0m to ₩86.0m. EPS estimate fell from ₩1,341 to ₩542 per share. Net income forecast to grow 139% next year vs 56% growth forecast for Software industry in South Korea. Consensus price target down from ₩50,000 to ₩23,000. Share price was steady at ₩26,000 over the past week.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩33,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Software industry in South Korea. Total returns to shareholders of 28% over the past three years.
공시 • Feb 27EMRO., Incorporated., Annual General Meeting, Mar 18, 2026EMRO., Incorporated., Annual General Meeting, Mar 18, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 11, dangsan-ro 41-gil, yeongdeungpo-gu, seoul South Korea
New Risk • Nov 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% 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 (26% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (6.5% net profit margin).
분석 기사 • Nov 19With EMRO., Incorporated. (KOSDAQ:058970) It Looks Like You'll Get What You Pay ForWhen close to half the companies in the Software industry in Korea have price-to-sales ratios (or "P/S") below 1.7x...
New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Aug 21Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to ₩41,600. The fair value is estimated to be ₩52,348, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 3.2% in the next 2 years.
New Risk • Jun 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jun 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.9% to ₩50,600. The fair value is estimated to be ₩63,881, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to decline by 14% in the next 2 years.
분석 기사 • Jun 11Subdued Growth No Barrier To EMRO., Incorporated.'s (KOSDAQ:058970) PriceWhen you see that almost half of the companies in the Software industry in Korea have price-to-sales ratios (or "P/S...
New Risk • May 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% 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 Risks Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. High level of non-cash earnings (25% accrual ratio).
분석 기사 • Apr 26Is EMRO., Incorporated. (KOSDAQ:058970) Trading At A 27% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, EMRO fair value estimate is ₩80,423 EMRO's ₩58,900 share price...
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩43,550, the stock trades at a trailing P/E ratio of 28.6x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 126% over the past three years.
New Risk • Mar 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.6% 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 Risks Earnings are forecast to decline by an average of 6.8% per year for the foreseeable future. High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change).
Reported Earnings • Mar 16Full year 2024 earnings released: EPS: ₩1,611 (vs ₩2,359 loss in FY 2023)Full year 2024 results: EPS: ₩1,611 (up from ₩2,359 loss in FY 2023). Revenue: ₩79.5b (up 26% from FY 2023). Net income: ₩18.6b (up ₩45.1b from FY 2023). Profit margin: 23% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.
분석 기사 • Mar 13We Think That There Are Issues Underlying EMRO's (KOSDAQ:058970) EarningsLast week's profit announcement from EMRO., Incorporated. ( KOSDAQ:058970 ) was underwhelming for investors, despite...
New Risk • Mar 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% 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 Risks Earnings are forecast to decline by an average of 6.8% per year for the foreseeable future. High level of non-cash earnings (25% accrual ratio).
분석 기사 • Feb 26Returns On Capital Signal Tricky Times Ahead For EMRO (KOSDAQ:058970)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공시 • Feb 20EMRO., Incorporated., Annual General Meeting, Mar 19, 2025EMRO., Incorporated., Annual General Meeting, Mar 19, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 11, dangsan-ro 41-gil, yeongdeungpo-gu, seoul South Korea
Buy Or Sell Opportunity • Dec 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₩63,800. The fair value is estimated to be ₩52,653, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.
Buy Or Sell Opportunity • Dec 05Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 57% to ₩67,700. The fair value is estimated to be ₩52,697, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.
Buy Or Sell Opportunity • Nov 14Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to ₩68,000. The fair value is estimated to be ₩55,217, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
분석 기사 • Nov 08EMRO., Incorporated. (KOSDAQ:058970) Stocks Shoot Up 26% But Its P/S Still Looks ReasonableDespite an already strong run, EMRO., Incorporated. ( KOSDAQ:058970 ) shares have been powering on, with a gain of 26...
분석 기사 • Sep 24Estimating The Fair Value Of EMRO., Incorporated. (KOSDAQ:058970)Key Insights The projected fair value for EMRO is ₩57,028 based on 2 Stage Free Cash Flow to Equity EMRO's ₩53,900...
분석 기사 • Sep 06At ₩43,050, Is EMRO., Incorporated. (KOSDAQ:058970) Worth Looking At Closely?While EMRO., Incorporated. ( KOSDAQ:058970 ) might not have the largest market cap around , it saw a decent share price...
Buy Or Sell Opportunity • Sep 06Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to ₩43,050. The fair value is estimated to be ₩57,242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Aug 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 100% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (5.7% increase in shares outstanding).
New Risk • Aug 06New major risk - Revenue and earnings growthEarnings have declined by 100% 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 100% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
분석 기사 • Aug 04EMRO (KOSDAQ:058970) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
New Risk • Jul 16New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: ₩27b Forecast net loss in 1 year: ₩321m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
분석 기사 • Jun 04EMRO's (KOSDAQ:058970) Returns On Capital Tell Us There Is Reason To Feel UneasyWhen researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...
Reported Earnings • Mar 15Full year 2023 earnings released: ₩2,385 loss per share (vs ₩578 profit in FY 2022)Full year 2023 results: ₩2,385 loss per share (down from ₩578 profit in FY 2022). Revenue: ₩63.2b (up 7.8% from FY 2022). Net loss: ₩26.7b (down ₩33.2b from profit in FY 2022). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 178 percentage points per year, which is a significant difference in performance.
분석 기사 • Feb 28The Price Is Right For EMRO., Incorporated. (KOSDAQ:058970) Even After Diving 29%EMRO., Incorporated. ( KOSDAQ:058970 ) shareholders that were waiting for something to happen have been dealt a blow...
공시 • Jun 01EMRO., Incorporated. announced that it has received KRW 16.5 billion in funding from Samsung SDS Co.,Ltd.On May 31, 2023, EMRO., Incorporated. closed the transaction.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩30,200, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 35x in the Software industry in Asia. Total returns to shareholders of 1,733% over the past three years.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩22,400, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 32x in the Software industry in Asia. Total returns to shareholders of 1,144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩12,168 per share.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩15,700, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Software industry in Asia. Total returns to shareholders of 972% over the past three years.
Buying Opportunity • Nov 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be ₩16,687, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 13%. Revenue is forecast to grow by 60% in 2 years. Earnings is forecast to grow by 135% in the next 2 years.
공시 • Feb 26EMRO. Incorporated, Annual General Meeting, Mar 25, 2021EMRO. Incorporated, Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time. Location: 5F , Dangsan SK V1 Center, Dangsan-ro 41-gil 11, Yeongdeungpo-gu, Seoul South Korea
Is New 90 Day High Low • Jan 14New 90-day high: ₩14,000The company is up 26% from its price of ₩11,100 on 16 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 Software industry, which is up 12% over the same period.
Is New 90 Day High Low • Nov 24New 90-day high: ₩12,400The company is up 52% from its price of ₩8,140 on 26 August 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 9.0% over the same period.
Is New 90 Day High Low • Oct 05New 90-day high: ₩8,400The company is up 6.0% from its price of ₩7,920 on 07 July 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period.