Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩6,790, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 15x in the Software industry in South Korea. Total returns to shareholders of 31% over the past three years. Announcement • Apr 10
Korea Information Certificate Authority, Inc. (KOSDAQ:A053300) announces an Equity Buyback for 1,000,000 shares, for KRW 5,680 million. Korea Information Certificate Authority, Inc. (KOSDAQ:A053300) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares for KRW 5,680 million worth of its shares pursuant to a trust agreement with KIWOOM SECURITIES Corp. The purpose behind the program is to stabilize the stock price and to improve shareholder value. The program will continue until October 12, 2026. As of April 9, 2026, the company had 1,155,665 shares in treasury through buyback within dividend capacity and 1,331,220 shares through other acquisitions. New Risk • Mar 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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.