Board Change • Jul 03
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Outside Director Hyunjoo Choi is the most experienced director on the board, commencing their role in 2025. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Mar 10
TBC, Annual General Meeting, Mar 27, 2026 TBC, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 23, dongdaegu-ro, suseong-gu, daegu South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩548, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 13x in the Media industry in South Korea. Total loss to shareholders of 49% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩11.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (5.0%). Declared Dividend • Nov 08
Dividend of ₩11.00 announced Dividend of ₩11.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 71% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.5% EPS decline seen over the last 5 years. Aankondiging • Nov 07
TBC announces Annual dividend, payable on April 24, 2026 TBC announced Annual dividend of KRW 11.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩938, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 11x in the Media industry in South Korea. Total loss to shareholders of 27% over the past three years. New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings have declined by 1.7% 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 1.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (₩73.0b market cap, or US$49.8m). Aankondiging • Mar 01
TBC, Annual General Meeting, Mar 28, 2025 TBC, Annual General Meeting, Mar 28, 2025, at 10:30 Tokyo Standard Time. Location: auditorium, 23, dongdaegu-ro, suseong-gu, daegu South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩18.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 April 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (5.2%). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩933, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 13x in the Media industry in South Korea. Total loss to shareholders of 30% over the past three years. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: ₩9.00 (vs ₩17.00 in 3Q 2023) Third quarter 2024 results: EPS: ₩9.00 (down from ₩17.00 in 3Q 2023). Revenue: ₩8.36b (down 18% from 3Q 2023). Net income: ₩847.2m (down 49% from 3Q 2023). Profit margin: 10% (down from 16% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩15.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.2%). Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩1,080, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 21% over the past three years. Reported Earnings • Mar 19
Full year 2022 earnings released: EPS: ₩52.00 (vs ₩49.00 in FY 2021) Full year 2022 results: EPS: ₩52.00 (up from ₩49.00 in FY 2021). Revenue: ₩42.5b (flat on FY 2021). Net income: ₩4.93b (up 6.5% from FY 2021). Profit margin: 12% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 21
Upcoming dividend of ₩13.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (3.4%). Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₩1,325, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 16% 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. 8 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 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩1,035, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 12x in the Media industry in South Korea. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 17% share price gain to ₩1,165, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 14x in the Media industry in South Korea. Total returns to shareholders of 5.2% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩1,000, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 15x in the Media industry in South Korea. Total loss to shareholders of 16% 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. 8 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 • Mar 30
Investor sentiment improved over the past week After last week's 17% share price gain to ₩1,580, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 15x 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 • Jan 05
Investor sentiment improved over the past week After last week's 15% share price gain to ₩1,530, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 15x in the Media industry in South Korea. Total returns to shareholders of 168% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩10.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 23% share price gain to ₩1,240, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 14x in the Media industry in South Korea. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 19% share price gain to ₩2,780, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 18x in the Media industry in South Korea. Total returns to shareholders of 468% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₩1,825, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 18x in the Media industry in South Korea. Total returns to shareholders of 207% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 46% share price gain to ₩2,575, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 21x in the Media industry in South Korea. Total returns to shareholders of 313% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩1,095, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 25x in the Media industry in South Korea. Total returns to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 15% share price gain to ₩1,520, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 23x in the Media industry in South Korea. Total returns to shareholders of 119% over the past three years. Valuation Update With 7 Day Price Move • May 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩1,470, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 27x in the Media industry in South Korea. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 31% share price gain to ₩1,895, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 20x in the Media industry in South Korea. Total returns to shareholders of 195% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improved over the past week After last week's 21% share price gain to ₩1,425, the stock is trading at a trailing P/E ratio of 25.2x, up from the previous P/E ratio of 20.9x. This compares to an average P/E of 20x in the Media industry in South Korea. Total returns to shareholders over the past three years are 102%. Is New 90 Day High Low • Mar 11
New 90-day high: ₩1,240 The company is up 10.0% from its price of ₩1,130 on 11 December 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: ₩1,255 The company is up 21% from its price of ₩1,035 on 04 September 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 1.0% over the same period. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 36% share price gain to ₩1,255, the stock is trading at a trailing P/E ratio of 22.2x, up from the previous P/E ratio of 16.3x. 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 111%. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 16% share price gain to ₩1,055, the stock is trading at a trailing P/E ratio of 14.9x, up from the previous P/E ratio of 12.8x. 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 76%.