Upcoming Dividend • Mar 26
Upcoming dividend of ₩270 per share Eligible shareholders must have bought the stock before 02 April 2026. Payment date: 30 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (5.0%). Aankondiging • Feb 28
Oricom Inc., Annual General Meeting, Mar 31, 2026 Oricom Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 726, eonju-ro, gangnam-gu, seoul South Korea Declared Dividend • Feb 12
Dividend of ₩270 announced Dividend of ₩270 is the same as last year. Ex-date: 2nd April 2026 Payment date: 30th April 2026 Dividend yield will be 4.5%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Feb 11
Oricom Inc. announces Annual dividend, payable on April 30, 2026 Oricom Inc. announced Annual dividend of KRW 270.0000 per share payable on April 30, 2026, ex-date on April 02, 2026 and record date on April 03, 2026. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩21.00 (vs ₩204 in 3Q 2024) Third quarter 2025 results: EPS: ₩21.00 (down from ₩204 in 3Q 2024). Revenue: ₩55.8b (down 10% from 3Q 2024). Net income: ₩243.8m (down 90% from 3Q 2024). Profit margin: 0.4% (down from 3.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Buy Or Sell Opportunity • May 02
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to ₩6,260. The fair value is estimated to be ₩5,187, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 4.4%. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩7,580, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 11x in the Media industry in South Korea. Total returns to shareholders of 24% over the past three years. Upcoming Dividend • Mar 27
Upcoming dividend of ₩270 per share Eligible shareholders must have bought the stock before 03 April 2025. Payment date: 25 April 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (5.6%). Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: ₩846 (vs ₩847 in FY 2023) Full year 2024 results: EPS: ₩846 (down from ₩847 in FY 2023). Revenue: ₩214.9b (down 1.7% from FY 2023). Net income: ₩9.82b (flat on FY 2023). Profit margin: 4.6% (up from 4.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year. Aankondiging • Feb 27
Oricom Inc., Annual General Meeting, Mar 26, 2025 Oricom Inc., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 726, eonju-ro, gangnam-gu, seoul South Korea New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.5% 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 High level of non-cash earnings (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₩89.6b market cap, or US$63.2m). Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩7,720, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 31% over the past three years. New Risk • Nov 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% 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 (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩77.9b market cap, or US$55.8m). Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩7,280, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 8.5% over the past three years. New Risk • Sep 17
New major risk - Financial data availability The 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 (₩69.9b market cap, or US$53.1m). Buy Or Sell Opportunity • Sep 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to ₩6,060. The fair value is estimated to be ₩7,687, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 11%. Buy Or Sell Opportunity • Aug 06
Now 23% overvalued Over the last 90 days, the stock has fallen 19% to ₩6,340. The fair value is estimated to be ₩5,162, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 19%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩5,940, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 11x in the Media industry in South Korea. Total loss to shareholders of 26% over the past three years. Upcoming Dividend • Mar 26
Upcoming dividend of ₩270 per share Eligible shareholders must have bought the stock before 02 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.3%). Buy Or Sell Opportunity • Mar 04
Now 21% overvalued Over the last 90 days, the stock has fallen 21% to ₩9,470. The fair value is estimated to be ₩7,818, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 38%. Buy Or Sell Opportunity • Feb 01
Now 21% overvalued Over the last 90 days, the stock has fallen 31% to ₩8,770. The fair value is estimated to be ₩7,269, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 38%. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩10,050, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 15x in the Media industry in South Korea. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩14,720, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 270% over the past three years. New Risk • Aug 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% 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 (20% accrual ratio). Minor Risks Dividend is not well covered by cash flows (255% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (3.9% net profit margin). Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩14,100, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 12x in the Media industry in South Korea. Total returns to shareholders of 255% over the past three years. New Risk • Jul 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩127.3b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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. Market cap is less than US$100m (₩127.3b market cap, or US$99.5m). Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩13,930, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 240% over the past three years. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₩17,920, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 434% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩13,160, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 14x in the Media industry in South Korea. Total returns to shareholders of 433% over the past three years. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩13,350, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 14x in the Media industry in South Korea. Total returns to shareholders of 191% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 20% share price gain to ₩14,650, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 225% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 22% share price gain to ₩8,600, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 12x in the Media industry in South Korea. Total returns to shareholders of 97% over the past three years. Board Change • Nov 16
Insufficient new directors No 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. 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: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩5,710, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 12x in the Media industry in South Korea. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 22% share price gain to ₩6,360, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 14x in the Media industry in South Korea. Total returns to shareholders of 33% over the past three years. Board Change • Apr 27
Insufficient new directors No 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. 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: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 17% share price gain to ₩7,800, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 18x in the Media industry in South Korea. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 28% share price gain to ₩8,070, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 14x in the Media industry in South Korea. Total returns to shareholders of 67% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩220 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩6,570, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 18x in the Media industry in South Korea. Total returns to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩9,730, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 28x in the Media industry in South Korea. Total returns to shareholders of 107% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 62% share price gain to ₩12,050, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 29x in the Media industry in South Korea. Total returns to shareholders of 124% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 24% share price gain to ₩8,150, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 25x in the Media industry in South Korea. Total returns to shareholders of 48% over the past three years. Is New 90 Day High Low • Dec 08
New 90-day high: ₩6,130 The company is up 45% from its price of ₩4,215 on 09 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 39% share price gain to ₩6,020, the stock is trading at a trailing P/E ratio of 34x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 18x in the Media industry in South Korea. Total returns to shareholders over the past three years are 27%. Is New 90 Day High Low • Nov 12
New 90-day high: ₩4,435 The company is up 1.0% from its price of ₩4,400 on 14 August 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 6.0% over the same period.