SBS Contents Hub (KOSDAQ:A046140) - Share price, News & Analysis

Q: What is the Fair Price of A046140 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A046140 (₩6810) is trading above our estimate of [[fair value]] (₩1222.58)

A046140 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	2/6

A046140 Stock Overview

SBS Contents Hub Co., Ltd. engages in the content distribution business in South Korea and internationally.

Rewards

Price-To-Earnings ratio (8.7x) is below the KR market (13.3x)

Earnings have grown 48.7% per year over the past 5 years

Risk Analysis

High level of non-cash earnings

Dividend of 1.1% is not well covered by earnings

SBS Contents Hub Competitors

ZUM Internet

KOSDAQ:A239340

₩118.4b

AfreecaTV

KOSDAQ:A067160

₩1.0t

eMnet

KOSDAQ:A123570

₩132.2b

NBT

KOSDAQ:A236810

₩126.0b

Price History & Performance

Summary of all time highs, changes and price drops for SBS Contents Hub
Historical stock prices
Current Share Price	₩6,810.00
52 Week High	₩9,250.00
52 Week Low	₩5,590.00
Beta	0.83
1 Month Change	12.94%
3 Month Change	-11.21%
1 Year Change	-14.66%
3 Year Change	33.53%
5 Year Change	-18.05%
Change since IPO	29.71%

Recent News & Updates

Apr 11

Investors Could Be Concerned With SBS Contents Hub's (KOSDAQ:046140) Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...

Mar 14

The SBS Contents Hub (KOSDAQ:046140) Share Price Is Up 56% And Shareholders Are Holding On

There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if you choose that...

Shareholder Returns

	A046140	KR Interactive Media and Services	KR Market
7D	0.4%	5.6%	1.9%
1Y	-14.7%	-41.9%	-23.0%

Return vs Industry: A046140 exceeded the KR Interactive Media and Services industry which returned -41.9% over the past year.

Return vs Market: A046140 exceeded the KR Market which returned -23% over the past year.

Price Volatility

Is A046140's price volatile compared to industry and market?
A046140 volatility
A046140 Average Weekly Movement	5.7%
Interactive Media and Services Industry Average Movement	6.4%
Market Average Movement	6.5%
10% most volatile stocks in KR Market	11.1%
10% least volatile stocks in KR Market	3.9%

Stable Share Price: A046140 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: A046140's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	40	Yeong-Hwa Kong	https://programs.sbs.co.kr/special/sbscontentshub

SBS Contents Hub Co., Ltd. engages in the content distribution business in South Korea and internationally. The company also offers dramas, entertainment, sports, Power FM, Love FM, podcast, news, series, radio, scripted and non-scripted formats, and cultural content. In addition, it is involved in the IP-based and music businesses.

SBS Contents Hub Fundamentals Summary

How do SBS Contents Hub's earnings and revenue compare to its market cap?
A046140 fundamental statistics
Market Cap	₩134.82b
Earnings (TTM)	₩15.08b
Revenue (TTM)	₩183.19b

8.7x

P/E Ratio

0.7x

P/S Ratio

Is A046140 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
A046140 income statement (TTM)
Revenue	₩183.19b
Cost of Revenue	₩165.69b
Gross Profit	₩17.50b
Other Expenses	₩2.42b
Earnings	₩15.08b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	778.68
Gross Margin	9.55%
Net Profit Margin	8.23%
Debt/Equity Ratio	0%

How did A046140 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

10%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is A046140 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A046140?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for A046140. This is calculated by dividing A046140's market cap by their current preferred multiple.
What is A046140's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₩134.82b

A046140 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.07x
Enterprise Value/EBITDA	1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does A046140's PE Ratio compare to its peers?

A046140 PE Ratio vs Peers

The above table shows the PE ratio for A046140 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	20.5x
A239340 ZUM Internet	14.5x	n/a	₩118.4b
A067160 AfreecaTV	13x	15.9%	₩1.0t
A123570 eMnet	16.8x	n/a	₩132.2b
A236810 NBT	36.9x	n/a	₩126.0b
A046140 SBS Contents Hub	8.7x	n/a	₩134.8b

Price-To-Earnings vs Peers: A046140 is good value based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (20.5x).

Price to Earnings Ratio vs Industry

How does A046140's PE Ratio compare vs other companies in the Asian Interactive Media and Services Industry?

Price-To-Earnings vs Industry: A046140 is good value based on its Price-To-Earnings Ratio (8.7x) compared to the KR Interactive Media and Services industry average (14.2x)

Price to Earnings Ratio vs Fair Ratio

What is A046140's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A046140 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate A046140's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of A046140 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A046140 (₩6810) is trading above our estimate of fair value (₩1222.58)

Significantly Below Fair Value: A046140 is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is SBS Contents Hub forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

15.7%

Forecasted Media industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SBS Contents Hub has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

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Examine SBS Contents Hub's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has SBS Contents Hub performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

48.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A046140 has a high level of non-cash earnings.

Growing Profit Margin: A046140's current net profit margins (8.2%) are higher than last year (5%).

Past Earnings Growth Analysis

Earnings Trend: A046140's earnings have grown significantly by 48.7% per year over the past 5 years.

Accelerating Growth: A046140's earnings growth over the past year (89.9%) exceeds its 5-year average (48.7% per year).

Earnings vs Industry: A046140 earnings growth over the past year (89.9%) underperformed the Interactive Media and Services industry 89.9%.

Return on Equity

High ROE: A046140's Return on Equity (9%) is considered low.

Discover strong past performing companies

Financial Health

How is SBS Contents Hub's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: A046140's short term assets (₩169.3B) exceed its short term liabilities (₩39.4B).

Long Term Liabilities: A046140's short term assets (₩169.3B) exceed its long term liabilities (₩12.0B).

Debt to Equity History and Analysis

Debt Level: A046140 is debt free.

Reducing Debt: A046140 has not had any debt for past 5 years.

Debt Coverage: A046140 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: A046140 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is SBS Contents Hub current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

1.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A046140's dividend (1.1%) is higher than the bottom 25% of dividend payers in the KR market (0.94%).

High Dividend: A046140's dividend (1.1%) is low compared to the top 25% of dividend payers in the KR market (3.04%).

Stability and Growth of Payments

Stable Dividend: A046140 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: A046140 has only been paying a dividend for 7 years, and since then payments have fallen.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.6%), A046140's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: A046140 is paying a dividend but the company has no free cash flows.

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Management

How experienced are the management team and are they aligned to shareholders interests?

CEO

Yeong-Hwa Kong (66 yo)

no data

Tenure

Yeong-Hwa Kong serves as Chief Executive Officer of SBS Contents Hub Co.,Ltd. Yeong-Hwa Kong served as Director of Contents Hub at SBS Media Holdings. Yeong-Hwa Kong served as Production Director of Seoul...

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/08/08 00:00
End of Day Share Price	2022/08/08 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31