Announcement • Jun 03
Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces an Equity Buyback for KRW 3,000 million worth of its shares. Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million of its shares pursuant to a trust contract with Shinhan Securities Co., Ltd. The purpose of the program is to improve shareholders’ value and to stabilize the stock price. The program is valid until June 9, 2027. As of June 2, 2026, the company had 1,264,050 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to ₩34,750, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Diversified Financial industry in South Korea. Total returns to shareholders of 64% over the past three years. Upcoming Dividend • Mar 25
Upcoming dividend of ₩1,100 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 17 April 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.4%). Price Target Changed • Mar 21
Price target increased by 10.0% to ₩29,333 Up from ₩26,667, the current price target is an average from 3 analysts. New target price is 9.5% above last closing price of ₩26,800. Stock is up 50% over the past year. The company is forecast to post earnings per share of ₩4,718 for next year compared to ₩4,908 last year. Reported Earnings • Mar 20
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: ₩4,908 (up from ₩4,349 in FY 2024). Revenue: ₩1.09t (up 12% from FY 2024). Net income: ₩42.9b (up 12% from FY 2024). Profit margin: 3.9% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 19% decline forecast for the Diversified Financial industry in South Korea. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. Declared Dividend • Mar 11
Dividend increased to ₩1,100 Dividend of ₩1,100 is 36% higher than last year. Ex-date: 30th March 2026 Payment date: 17th April 2026 Dividend yield will be 4.3%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 12% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 7.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 11
Nice Information & Telecommunication, Inc., Annual General Meeting, Mar 24, 2026 Nice Information & Telecommunication, Inc., Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: conference hall, 17, eunhaeng-ro, yeongdeungpo-gu, seoul South Korea Announcement • Mar 10
Nice Information & Telecommunication, Inc. announces Annual dividend, payable on April 17, 2026 Nice Information & Telecommunication, Inc. announced Annual dividend of KRW 1100.0000 per share payable on April 17, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Price Target Changed • Nov 18
Price target increased by 8.7% to ₩25,000 Up from ₩23,000, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₩25,750. Stock is up 42% over the past year. The company is forecast to post earnings per share of ₩5,335 for next year compared to ₩4,349 last year. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩24,150, 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 3.9% over the past three years. Reported Earnings • May 20
First quarter 2025 earnings released: EPS: ₩973 (vs ₩1,250 in 1Q 2024) First quarter 2025 results: EPS: ₩973 (down from ₩1,250 in 1Q 2024). Revenue: ₩257.4b (up 9.8% from 1Q 2024). Net income: ₩8.50b (down 24% from 1Q 2024). Profit margin: 3.3% (down from 4.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 36% decline forecast for the Diversified Financial 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 fallen by 12% per year, which means it is performing significantly worse than earnings. New Risk • May 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows. Price Target Changed • Apr 16
Price target decreased by 14% to ₩20,850 Down from ₩24,200, the current price target is an average from 2 analysts. New target price is 16% above last closing price of ₩17,930. Stock is down 19% over the past year. The company is forecast to post earnings per share of ₩3,970 for next year compared to ₩4,349 last year. New Risk • Apr 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩147.7b (US$99.7m) 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 Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩147.7b market cap, or US$99.7m). Reported Earnings • Mar 21
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₩4,349 (up from ₩3,311 in FY 2023). Revenue: ₩975.1b (up 9.4% from FY 2023). Net income: ₩38.3b (up 27% from FY 2023). Profit margin: 3.9% (up from 3.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Revenue is forecast to grow 5.6% 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 fallen by 6% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Announcement • Mar 12
Nice Information & Telecommunication, Inc., Annual General Meeting, Mar 25, 2025 Nice Information & Telecommunication, Inc., Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: edu hall, 17, eunhaeng-ro, yeongdeungpo-gu, seoul South Korea Announcement • Mar 11
Nice Information & Telecommunication, Inc. announces Annual dividend Nice Information & Telecommunication, Inc. announced Annual dividend of KRW 810.0000 per share, ex-date on March 28, 2025 and record date on March 31, 2025. New Risk • Feb 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩146.2b (US$99.7m) 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: Major Risk High level of non-cash earnings (93% accrual ratio). Minor Risks Dividend is not well covered by cash flows (110% cash payout ratio). Market cap is less than US$100m (₩146.2b market cap, or US$99.7m). New Risk • Nov 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 93% 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 (93% accrual ratio). Minor Risk Dividend is not well covered by cash flows (110% cash payout ratio). Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩3,713 to ₩3,182 per share. Revenue forecast steady at ₩964.9m. Net income forecast to shrink 10% next year vs 14% growth forecast for Diversified Financial industry in South Korea . Consensus price target of ₩26,333 unchanged from last update. Share price rose 2.6% to ₩19,490 over the past week. Major Estimate Revision • May 04
Consensus EPS estimates increase by 10%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩961.0m to ₩948.0m. EPS estimate rose from ₩3,614 to ₩3,978. Net income forecast to grow 26% next year vs 14% growth forecast for Diversified Financial industry in South Korea. Consensus price target broadly unchanged at ₩26,333. Share price fell 5.1% to ₩22,300 over the past week. Reported Earnings • Mar 22
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: ₩3,311 (down from ₩4,358 in FY 2022). Revenue: ₩891.6b (up 11% from FY 2022). Net income: ₩30.3b (down 26% from FY 2022). Profit margin: 3.4% (down from 5.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 37% decline forecast for the Diversified Financial industry in South Korea. Over the last 3 years on average, earnings per share has increased by 23% per year 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 ₩650 per share at 3.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 April 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.6%). New Risk • Nov 30
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: 4.1% Last year net profit margin: 5.9% 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. 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. Profit margins are more than 30% lower than last year (4.1% net profit margin). Announcement • Nov 22
Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces an Equity Buyback for KRW 6,000 million worth of its shares. Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces a share repurchase program. Under the program, the company will repurchase up to KRW 6,000 million of its shares pursuant to a trust contract with Shinhan Securities Co., Ltd. The purpose of the program is to improve shareholders’ value and to stabilize the stock price. The program is valid until November 20, 2024. As of November 20, 2023, the company had 990,769 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Buying Opportunity • Jul 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.9%. The fair value is estimated to be ₩28,868, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 18% in the next 2 years. Announcement • Jun 23
Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces an Equity Buyback for KRW 6,000 million worth of its shares. Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces a share repurchase program. Under the program, the company will repurchase up to KRW 6,000 million of its shares pursuant to a trust contract with Shinhan Securities Co., Ltd. The purpose of the program is to improve shareholders’ value and to stabilize the stock price. The program is valid until June 21, 2024. As of June 21, 2023, the company had 735,978 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Buying Opportunity • Jun 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be ₩28,910, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 18% in the next 2 years. Buying Opportunity • May 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ₩29,534, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 5.2% per annum over the same time period. Reported Earnings • Mar 27
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₩4,358 (up from ₩4,311 in FY 2021). Revenue: ₩804.9b (up 20% from FY 2021). Net income: ₩40.8b (flat on FY 2021). Profit margin: 5.1% (down from 6.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Diversified Financial industry in South Korea. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩590 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.0%). 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. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 20
Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces an Equity Buyback for KRW 3,000 million worth of its shares. Nice Information & Telecommunication, Inc. (KOSDAQ:A036800) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million of its shares pursuant to a trust contract with Shinhan Investment Corp. The purpose of the program is to improve shareholders’ value and to stabilize the stock price. The program is valid until March 18, 2023. As of September 18, 2022, the company had 625,978 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. 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. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent 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: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Dec 22
Upcoming dividend of ₩460 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%). Announcement • Jun 03
Nice Information & Telecommunication To Be Deleted From Other OTC Nice Information & Telecommunication, Inc. Ordinary Shares will be deleted from Other OTC effective June 02, 2021 due to Inactive Security. Is New 90 Day High Low • Jan 12
New 90-day high: ₩30,600 The company is up 23% from its price of ₩24,800 on 14 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: ₩28,000 The company is up 16% from its price of ₩24,200 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 11% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩460 Per Share Will be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.7% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (1.3%). Is New 90 Day High Low • Dec 09
New 90-day high: ₩27,550 The company is up 7.0% from its price of ₩25,850 on 10 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 IT industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 31
New 90-day low: ₩23,200 The company is down 2.0% from its price of ₩23,700 on 31 July 2020. The South Korean market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period.