Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩83,600, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 47% over the past three years. Price Target Changed • Apr 12
Price target increased by 7.7% to ₩108,400 Up from ₩100,667, the current price target is an average from 10 analysts. New target price is 31% above last closing price of ₩82,500. Stock is up 83% over the past year. The company is forecast to post earnings per share of ₩13,373 for next year compared to ₩11,558 last year. Reported Earnings • Mar 24
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: ₩11,558 (up from ₩9,846 in FY 2024). Revenue: ₩4.06t (up 16% from FY 2024). Net income: ₩492.3b (up 15% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Mar 12
Youngone Corporation, Annual General Meeting, Mar 27, 2026 Youngone Corporation, Annual General Meeting, Mar 27, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 159, mallijae-ro, jung-gu, seoul South Korea Buy Or Sell Opportunity • Mar 04
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.2% to ₩86,000. The fair value is estimated to be ₩118,349, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 18%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Upcoming Dividend • Dec 22
Upcoming dividend of ₩1,400 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (2.4%). Price Target Changed • Nov 18
Price target increased by 13% to ₩81,000 Up from ₩71,889, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ₩82,600. Stock is up 110% over the past year. The company is forecast to post earnings per share of ₩10,219 for next year compared to ₩9,846 last year. Major Estimate Revision • Nov 18
Consensus EPS estimates increase by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩3.88b to ₩3.98b. EPS estimate increased from ₩8,428 to ₩10,037 per share. Net income forecast to grow 23% next year vs 26% growth forecast for Luxury industry in South Korea. Consensus price target up from ₩71,889 to ₩75,667. Share price rose 34% to ₩82,500 over the past week. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩69,500, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 58% over the past three years. Declared Dividend • Nov 13
First half dividend of ₩1,400 announced Shareholders will receive a dividend of ₩1,400. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 26% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Sep 01
Upcoming dividend of ₩700 per share Eligible shareholders must have bought the stock before 08 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (2.7%). Announcement • Aug 26
Youngone Corporation announces Annual dividend, payable on September 30, 2025 Youngone Corporation announced Annual dividend of KRW 700.0000 per share payable on September 30, 2025, ex-date on September 08, 2025 and record date on September 09, 2025. New Risk • Aug 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.8% Last year net profit margin: 15% 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. This is currently the only risk that has been identified for the company. Price Target Changed • Jul 30
Price target increased by 9.4% to ₩68,667 Up from ₩62,778, the current price target is an average from 9 analysts. New target price is 13% above last closing price of ₩60,500. Stock is up 56% over the past year. The company is forecast to post earnings per share of ₩9,814 for next year compared to ₩9,846 last year. Reported Earnings • May 21
First quarter 2025 earnings released: EPS: ₩2,084 (vs ₩1,941 in 1Q 2024) First quarter 2025 results: EPS: ₩2,084 (up from ₩1,941 in 1Q 2024). Revenue: ₩811.3b (up 14% from 1Q 2024). Net income: ₩89.0b (up 4.5% from 1Q 2024). Profit margin: 11% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Luxury industry in South Korea. 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 8% per year, which means it is well ahead of earnings. Price Target Changed • May 20
Price target increased by 8.0% to ₩61,750 Up from ₩57,167, the current price target is an average from 8 analysts. New target price is 11% above last closing price of ₩55,800. Stock is up 56% over the past year. The company is forecast to post earnings per share of ₩9,822 for next year compared to ₩9,846 last year. Announcement • Mar 12
Youngone Corporation, Annual General Meeting, Mar 31, 2025 Youngone Corporation, Annual General Meeting, Mar 31, 2025, at 09:30 Tokyo Standard Time. Location: conference room, 159, mallijae-ro, jung-gu, seoul South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩1,300 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.9%). In line with average of industry peers (3.0%). Major Estimate Revision • Oct 17
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩9,353 to ₩8,352 per share. Revenue forecast steady at ₩3.32b. Net income forecast to shrink 21% next year vs 33% growth forecast for Luxury industry in South Korea . Consensus price target broadly unchanged at ₩54,100. Share price was steady at ₩43,000 over the past week. Major Estimate Revision • Aug 20
Consensus EPS estimates increase by 25% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩7,509 to ₩9,399. Revenue forecast steady at ₩3.33b. Net income forecast to shrink 11% next year vs 30% growth forecast for Luxury industry in South Korea . Consensus price target broadly unchanged at ₩53,700. Share price rose 5.9% to ₩40,500 over the past week. Price Target Changed • Jul 23
Price target decreased by 10.0% to ₩55,444 Down from ₩61,600, the current price target is an average from 9 analysts. New target price is 47% above last closing price of ₩37,800. Stock is down 34% over the past year. The company is forecast to post earnings per share of ₩7,638 for next year compared to ₩11,762 last year. Announcement • Jun 11
Youngone Corporation (KOSE:A111770) announces an Equity Buyback for KRW 50,000 million worth of its shares. Youngone Corporation (KOSE:A111770) announces a share repurchase program. Under the program, the company will repurchase up to KRW 50,000 million worth of its shares, pursuant to a contract with Shinhan Securities Co., Ltd. The purpose of the program is to stabilize stock price through shareholder value improvement. The program will expire on December 10, 2024. As of June 9, 2024, the company had 445,118 shares in treasury within scope available for dividend and had 289 shares in treasury under other capacities. Board Change • May 25
Less than half of directors are independent 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. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Senior Managing Director Sun-Ha Park was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 13
Youngone Corporation, Annual General Meeting, Mar 29, 2024 Youngone Corporation, Annual General Meeting, Mar 29, 2024. Major Estimate Revision • May 22
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩3.80b to ₩3.88b. EPS estimate increased from ₩11,006 to ₩12,447 per share. Net income forecast to shrink 25% next year vs 17% growth forecast for Luxury industry in South Korea . Consensus price target broadly unchanged at ₩67,429. Share price fell 4.1% to ₩45,550 over the past week. Reported Earnings • May 21
First quarter 2023 earnings released: EPS: ₩3,071 (vs ₩2,253 in 1Q 2022) First quarter 2023 results: EPS: ₩3,071 (up from ₩2,253 in 1Q 2022). Revenue: ₩840.6b (up 9.7% from 1Q 2022). Net income: ₩134.7b (up 36% from 1Q 2022). Profit margin: 16% (up from 13% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 23
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₩15,377 (up from ₩6,795 in FY 2021). Revenue: ₩3.91t (up 40% from FY 2021). Net income: ₩674.5b (up 126% from FY 2021). Profit margin: 17% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to stay flat during the next 2 years compared to a 8.7% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩1,000 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 13 April 2023. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.1%). Board Change • Nov 16
Less than half of directors are independent 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. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Senior Managing Director Sun-Ha Park was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Major Estimate Revision • Aug 19
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩3.30b to ₩3.44b. EPS estimate increased from ₩9,280 to ₩10,426 per share. Net income forecast to grow 32% next year vs 22% growth forecast for Luxury industry in South Korea. Consensus price target down from ₩72,429 to ₩70,000. Share price rose 13% to ₩46,900 over the past week. Price Target Changed • May 18
Price target increased to ₩75,000 Up from ₩69,000, the current price target is an average from 7 analysts. New target price is 49% above last closing price of ₩50,400. Stock is up 2.5% over the past year. The company is forecast to post earnings per share of ₩7,901 for next year compared to ₩6,795 last year. Major Estimate Revision • May 18
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩3.05b to ₩3.15b. EPS estimate increased from ₩6,941 to ₩7,692 per share. Net income forecast to grow 14% next year vs 21% growth forecast for Luxury industry in South Korea. Consensus price target up from ₩69,000 to ₩73,571. Share price rose 12% to ₩50,400 over the past week. Price Target Changed • Apr 27
Price target increased to ₩67,875 Up from ₩62,000, the current price target is an average from 7 analysts. New target price is 42% above last closing price of ₩47,900. Stock is up 16% over the past year. The company is forecast to post earnings per share of ₩6,801 for next year compared to ₩6,795 last year. Board Change • Apr 27
Less than half of directors are independent 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. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Senior Managing Director Sun-Ha Park was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Apr 07
Now 21% undervalued Over the last 90 days, the stock is up 7.2%. The fair value is estimated to be ₩63,783, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 8.1% in the next 2 years. Price Target Changed • Mar 18
Price target increased to ₩66,857 Up from ₩62,000, the current price target is an average from 7 analysts. New target price is 49% above last closing price of ₩44,850. Stock is up 9.1% over the past year. The company is forecast to post earnings per share of ₩5,634 for next year compared to ₩3,366 last year. Price Target Changed • Mar 07
Price target increased to ₩62,000 Up from ₩57,778, the current price target is an average from 8 analysts. New target price is 54% above last closing price of ₩40,200. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of ₩5,634 for next year compared to ₩3,366 last year. Upcoming Dividend • Dec 22
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.8%). Price Target Changed • May 20
Price target increased to ₩51,444 Up from ₩45,667, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ₩49,150. Stock is up 73% over the past year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₩47,100, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩39,176 per share. Price Target Changed • Apr 16
Price target increased to ₩44,429 Up from ₩41,111, the current price target is an average from 7 analysts. New target price is 11% above last closing price of ₩39,950. Stock is up 70% over the past year. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS ₩3,366 (vs ₩3,791 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩2.47t (up 3.3% from FY 2019). Net income: ₩147.7b (down 11% from FY 2019). Profit margin: 6.0% (down from 7.0% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Announcement • Mar 18
Youngone Corporation, Annual General Meeting, Mar 31, 2021 Youngone Corporation, Annual General Meeting, Mar 31, 2021, at 10:30 Korea Standard Time. Is New 90 Day High Low • Feb 25
New 90-day high: ₩41,150 The company is up 36% from its price of ₩30,200 on 27 November 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩56,711 per share. Is New 90 Day High Low • Feb 05
New 90-day high: ₩36,400 The company is up 28% from its price of ₩28,400 on 06 November 2020. The South Korean market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩55,479 per share. Is New 90 Day High Low • Jan 13
New 90-day high: ₩33,850 The company is up 19% from its price of ₩28,550 on 15 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩42,841 per share. Is New 90 Day High Low • Dec 12
New 90-day high: ₩33,500 The company is up 8.0% from its price of ₩31,000 on 11 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩43,280 per share. Reported Earnings • Nov 22
Third quarter 2020 earnings released: EPS ₩1,646 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₩807.6b (up 18% from 3Q 2019). Net income: ₩72.2b (up 47% from 3Q 2019). Profit margin: 8.9% (up from 7.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 19
Analysts increase EPS estimates to ₩4,159 The 2020 consensus revenue estimate increased from ₩2.34b to ₩2.44b. The earnings per share estimate also received an upgrade from ₩3,242 to ₩4,159 for the same period. Net income is expected to grow by 28% next year compared to 12% growth forecast for the Luxury industry in South Korea. The consensus price target increased from ₩36,038 to ₩39,111. Share price is up 3.9% to ₩30,650 over the past week. Price Target Changed • Sep 24
Price target lowered to ₩36,038 Down from ₩39,000, the current price target is an average from 8 analysts. The new target price is 38% above the current share price of ₩26,100. As of last close, the stock is down 28% over the past year.