Announcement • May 02
Kginicis Co.,Ltd to Report Q1, 2026 Results on May 07, 2026 Kginicis Co.,Ltd announced that they will report Q1, 2026 results at 4:00 PM, Alaskan Daylight on May 07, 2026 Announcement • Apr 23
Kginicis Co.,Ltd (KOSDAQ:A035600) agreed to acquire K Car Capital., Ltd from Hahn & Co. Auto Services Holdings Llc for approximately KRW 200 billion. Kginicis Co.,Ltd (KOSDAQ:A035600) agreed to acquire K Car Capital., Ltd from Hahn & Co. Auto Services Holdings Llc for approximately KRW 200 billion on April 21, 2026. As part of the acquisition, Kginicis Co.,Ltd will acquire 100% stake in K Car Capital., Ltd. The consideration will be paid in cash. The transaction is subject to approval by Fair Trade Commission. The transaction is expected to close on June 30, 2026. Announcement • Mar 13
Kginicis Co.,Ltd, Annual General Meeting, Mar 26, 2026 Kginicis Co.,Ltd, Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: harmony hall, 92, tongil-ro, jung-gu, seoul South Korea Announcement • Feb 11
Kginicis Co.,Ltd to Report Q4, 2025 Results on Feb 10, 2026 Kginicis Co.,Ltd announced that they will report Q4, 2025 results on Feb 10, 2026 Price Target Changed • Feb 03
Price target increased by 10% to ₩13,675 Up from ₩12,400, the current price target is an average from 4 analysts. New target price is 16% above last closing price of ₩11,800. Stock is up 37% over the past year. The company is forecast to post earnings per share of ₩2,306 for next year compared to ₩1,549 last year. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩11,280, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Diversified Financial industry in South Korea. Negligible returns to shareholders over past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 20 April 2026. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.3%). Reported Earnings • Nov 16
Third quarter 2025 earnings released: EPS: ₩613 (vs ₩37.00 loss in 3Q 2024) Third quarter 2025 results: EPS: ₩613 (up from ₩37.00 loss in 3Q 2024). Revenue: ₩355.9b (up 5.3% from 3Q 2024). Net income: ₩16.3b (up ₩17.3b from 3Q 2024). Profit margin: 4.6% (up from net loss in 3Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 31% decline forecast for the Diversified Financial industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year. Declared Dividend • Nov 08
Dividend of ₩500 announced Dividend of ₩500 is the same as last year. Ex-date: 29th December 2025 Payment date: 20th April 2026 Dividend yield will be 4.9%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but not covered by cash flows (dividend approximately 10x free cash flows). The dividend has increased by an average of 8.9% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 117% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
Kginicis Co.,Ltd announces Annual dividend, payable on April 20, 2026 Kginicis Co.,Ltd announced Annual dividend of KRW 500.0000 per share payable on April 20, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Price Target Changed • Aug 22
Price target increased by 7.1% to ₩12,500 Up from ₩11,667, the current price target is an average from 3 analysts. New target price is 22% above last closing price of ₩10,220. Stock is up 2.2% over the past year. The company is forecast to post earnings per share of ₩2,456 for next year compared to ₩1,549 last year. Buy Or Sell Opportunity • Jul 14
Now 22% undervalued Over the last 90 days, the stock has risen 46% to ₩12,370. The fair value is estimated to be ₩15,790, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 3.6%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 109% in the next 2 years. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩12,830, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Diversified Financial industry in South Korea. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩15,287 per share. Buy Or Sell Opportunity • Jun 25
Now 23% undervalued Over the last 90 days, the stock has risen 36% to ₩11,670. The fair value is estimated to be ₩15,180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 3.6%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 109% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩12,150, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Diversified Financial industry in South Korea. Total loss to shareholders of 2.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩14,767 per share. Reported Earnings • Mar 15
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: ₩1,549 (down from ₩2,909 in FY 2023). Revenue: ₩1.35t (flat on FY 2023). Net income: ₩41.2b (down 47% from FY 2023). Profit margin: 3.0% (down from 5.8% in FY 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 8.9%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 23% decline forecast for the Diversified Financial industry in South Korea. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Mar 06
Kginicis Co.,Ltd, Annual General Meeting, Mar 20, 2025 Kginicis Co.,Ltd, Annual General Meeting, Mar 20, 2025, at 09:00 Tokyo Standard Time. Location: harmony hall, 92, tongil-ro, jung-gu, seoul South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.4%). Announcement • Dec 18
Kginicis Co.,Ltd (KOSDAQ:A035600) acquired an additional 24.72% stake in EDAILY Co., Ltd. from KG Eco Solution Co.,Ltd. (KOSDAQ:A151860) for KRW 43.4 billion. Kginicis Co.,Ltd (KOSDAQ:A035600) acquired an additional 24.72% stake in EDAILY Co., Ltd. from KG Eco Solution Co.,Ltd. (KOSDAQ:A151860) for KRW 43.4 billion on December 12, 2024. A cash consideration valued at KRW 6,875 per share will be paid by Kginicis Co.,Ltd.
Kginicis Co.,Ltd (KOSDAQ:A035600) Completed the acquisition of an additional 24.72% stake in EDAILY Co., Ltd. from KG Eco Solution Co.,Ltd. (KOSDAQ:A151860) on December 12, 2024. Price Target Changed • Sep 06
Price target decreased by 8.8% to ₩13,767 Down from ₩15,100, the current price target is an average from 3 analysts. New target price is 45% above last closing price of ₩9,520. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₩2,510 for next year compared to ₩2,909 last year. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: ₩697 (vs ₩613 in 1Q 2023) First quarter 2024 results: EPS: ₩697 (up from ₩613 in 1Q 2023). Revenue: ₩367.8b (up 14% from 1Q 2023). Net income: ₩18.6b (up 14% from 1Q 2023). Profit margin: 5.0% (in line with 1Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 29% decline forecast for the Diversified Financial industry in South Korea. 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 18% per year, which means it is significantly lagging earnings. Major Estimate Revision • Mar 27
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩2,824 to ₩2,512 per share. Revenue forecast steady at ₩1.45b. Net income forecast to shrink 9.5% next year vs 14% growth forecast for Diversified Financial industry in South Korea . Consensus price target of ₩15,267 unchanged from last update. Share price was steady at ₩11,710 over the past week. Reported Earnings • Mar 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: ₩2,909 (up from ₩2,153 in FY 2022). Revenue: ₩1.34t (up 14% from FY 2022). Net income: ₩77.4b (up 35% from FY 2022). Profit margin: 5.8% (up from 4.9% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 39% decline forecast for the Diversified Financial industry in South Korea. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Major Estimate Revision • Mar 06
Consensus EPS estimates increase by 15% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩2,453 to ₩2,824. Revenue forecast steady at ₩1.46b. Net income forecast to grow 7.8% next year vs 7.8% growth forecast for Diversified Financial industry in South Korea. Consensus price target up from ₩14,933 to ₩15,267. Share price was steady at ₩13,120 over the past week. Price Target Changed • Feb 20
Price target increased by 11% to ₩14,933 Up from ₩13,500, the current price target is an average from 3 analysts. New target price is 14% above last closing price of ₩13,080. Stock is down 2.0% over the past year. The company is forecast to post earnings per share of ₩2,521 for next year compared to ₩2,153 last year. Upcoming Dividend • Dec 20
Upcoming dividend of ₩400 per share at 3.2% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.6%). Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩13,820, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Diversified Financial industry in South Korea. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩23,183 per share. Major Estimate Revision • Nov 30
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩1.32b to ₩1.36b. EPS estimate increased from ₩2,194 to ₩2,595 per share. Net income forecast to shrink 2.1% next year vs 3.9% growth forecast for Diversified Financial industry in South Korea . Consensus price target down from ₩13,500 to ₩12,750. Share price rose 6.3% to ₩12,150 over the past week. Price Target Changed • Nov 29
Price target decreased by 7.3% to ₩12,750 Down from ₩13,750, the current price target is an average from 4 analysts. New target price is 11% above last closing price of ₩11,480. Stock is down 10.0% over the past year. The company is forecast to post earnings per share of ₩2,595 for next year compared to ₩2,153 last year. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩633 (vs ₩658 in 3Q 2022) Third quarter 2023 results: EPS: ₩633 (down from ₩658 in 3Q 2022). Revenue: ₩347.1b (up 11% from 3Q 2022). Net income: ₩16.8b (down 3.9% from 3Q 2022). Profit margin: 4.9% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 28% decline forecast for the Diversified Financial industry in South Korea. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Aug 31
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% 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 (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Price Target Changed • Jul 12
Price target decreased by 7.4% to ₩14,500 Down from ₩15,667, the current price target is an average from 4 analysts. New target price is 23% above last closing price of ₩11,810. Stock is down 11% over the past year. The company is forecast to post earnings per share of ₩2,510 for next year compared to ₩2,153 last year. Reported Earnings • Mar 19
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: ₩2,153 (up from ₩1,808 in FY 2021). Revenue: ₩1.18t (up 16% from FY 2021). Net income: ₩57.3b (up 19% from FY 2021). Profit margin: 4.9% (up from 4.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Diversified Financial industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year. Upcoming Dividend • Dec 21
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.0%). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director In Kyu Park was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Aug 10
Price target decreased to ₩18,500 Down from ₩20,800, the current price target is an average from 2 analysts. New target price is 34% above last closing price of ₩13,850. Stock is down 32% over the past year. The company is forecast to post earnings per share of ₩2,199 for next year compared to ₩1,808 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director In Kyu Park was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 22
Upcoming dividend of ₩350 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%). Is New 90 Day High Low • Jan 28
New 90-day low: ₩18,500 The company is down 1.0% from its price of ₩18,750 on 30 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 23% over the same period. Is New 90 Day High Low • Oct 23
New 90-day low: ₩19,500 The company is down 15% from its price of ₩22,850 on 24 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩29,481 per share. Is New 90 Day High Low • Sep 22
New 90-day low: ₩20,050 The company is down 13% from its price of ₩23,000 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 7.0% over the same period.