Valuation Update With 7 Day Price Move • 10h
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩48,300, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total loss to shareholders of 39% over the past three years. Major Estimate Revision • May 13
Consensus EPS estimates fall by 10%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from ₩571.9m to ₩596.7m. EPS estimate fell from ₩3,437 to ₩3,079 per share. Net income forecast to grow 62% next year vs 51% growth forecast for Entertainment industry in South Korea. Consensus price target down from ₩84,432 to ₩75,950. Share price fell 3.6% to ₩49,450 over the past week. Price Target Changed • May 12
Price target decreased by 7.9% to ₩77,750 Down from ₩84,432, the current price target is an average from 20 analysts. New target price is 59% above last closing price of ₩48,850. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₩3,160 for next year compared to ₩1,990 last year. Buy Or Sell Opportunity • Mar 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to ₩54,000. The fair value is estimated to be ₩68,271, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Buy Or Sell Opportunity • Feb 28
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to ₩74,000. The fair value is estimated to be ₩60,520, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Buy Or Sell Opportunity • Feb 11
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to ₩76,500. The fair value is estimated to be ₩62,286, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Buy Or Sell Opportunity • Jan 02
Now 21% overvalued Over the last 90 days, the stock has fallen 28% to ₩70,400. The fair value is estimated to be ₩58,193, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₩72,000, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩53,986 per share. New Risk • Oct 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Price Target Changed • Aug 13
Price target increased by 7.8% to ₩98,353 Up from ₩91,235, the current price target is an average from 17 analysts. New target price is approximately in line with last closing price of ₩99,800. Stock is up 188% over the past year. The company is forecast to post earnings per share of ₩2,990 for next year compared to ₩999 last year. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩93,200, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩52,076 per share. Price Target Changed • Jul 03
Price target increased by 7.3% to ₩88,353 Up from ₩82,333, the current price target is an average from 17 analysts. New target price is approximately in line with last closing price of ₩86,500. Stock is up 126% over the past year. The company is forecast to post earnings per share of ₩2,818 for next year compared to ₩999 last year. Price Target Changed • May 17
Price target increased by 8.0% to ₩76,438 Up from ₩70,800, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of ₩74,500. Stock is up 73% over the past year. The company is forecast to post earnings per share of ₩2,888 for next year compared to ₩999 last year. Price Target Changed • Apr 21
Price target increased by 7.9% to ₩69,933 Up from ₩64,833, the current price target is an average from 15 analysts. New target price is 9.1% above last closing price of ₩64,100. Stock is up 46% over the past year. The company is forecast to post earnings per share of ₩2,903 for next year compared to ₩999 last year. Price Target Changed • Mar 20
Price target increased by 7.2% to ₩62,818 Up from ₩58,583, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₩60,800. Stock is up 33% over the past year. The company is forecast to post a net loss per share of ₩84.83 compared to earnings per share of ₩3,351 last year. Price Target Changed • Mar 07
Price target increased by 7.4% to ₩57,923 Up from ₩53,929, the current price target is an average from 13 analysts. New target price is 7.3% below last closing price of ₩62,500. Stock is up 54% over the past year. The company is forecast to post a net loss per share of ₩84.83 compared to earnings per share of ₩3,351 last year. Announcement • Feb 28
YG Entertainment Inc., Annual General Meeting, Mar 28, 2025 YG Entertainment Inc., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 19, yanghwa-ro, mapo-gu, seoul South Korea Major Estimate Revision • Feb 22
Consensus EPS estimates fall by 23% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩69.18 to -₩84.83 per share. Revenue forecast unchanged at ₩361.2m. Entertainment industry in South Korea expected to see average net income growth of 68% next year. Consensus price target up from ₩53,929 to ₩56,071. Share price rose 12% to ₩57,900 over the past week. Major Estimate Revision • Jan 21
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩34.68 to -₩39.57 per share. Revenue forecast unchanged at ₩362.1m. Entertainment industry in South Korea expected to see average net income growth of 86% next year. Consensus price target broadly unchanged at ₩52,929. Share price was steady at ₩48,300 over the past week. Major Estimate Revision • Jan 10
Consensus EPS estimates fall by 83% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩18.90 to -₩34.68 per share. Revenue forecast unchanged at ₩361.8m. Entertainment industry in South Korea expected to see average net income growth of 81% next year. Consensus price target up from ₩50,500 to ₩52,571. Share price was steady at ₩46,250 over the past week. Board Change • Dec 09
Insufficient new directors 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. 1 highly experienced director. Independent Outside Director Xiaoming Tang was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Dec 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 31% 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. This is currently the only risk that has been identified for the company. Major Estimate Revision • Nov 12
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩396.6m to ₩353.0m. EPS estimate fell from ₩134 to ₩49.06 per share. Net income forecast to grow 101% next year vs 31% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩47,875 to ₩48,938. Share price was steady at ₩43,150 over the past week. Buy Or Sell Opportunity • Nov 01
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ₩41,600. The fair value is estimated to be ₩33,282, however this is not to be taken as a sell 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 54%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 317% in the next 2 years. Major Estimate Revision • Oct 24
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩408.4m to ₩403.2m. EPS estimate also fell from ₩566 per share to ₩415 per share. Net income forecast to grow 108% next year vs 56% growth forecast for Entertainment industry in South Korea. Consensus price target of ₩47,875 unchanged from last update. Share price rose 7.3% to ₩41,650 over the past week. Buy Or Sell Opportunity • Oct 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 4.2% to ₩38,300. The fair value is estimated to be ₩31,741, however this is not to be taken as a sell 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 54%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 312% in the next 2 years. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩37,850, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩40,537 per share. Buy Or Sell Opportunity • Sep 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to ₩32,000. The fair value is estimated to be ₩40,332, 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 54%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 336% in the next 2 years. Buy Or Sell Opportunity • Sep 04
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to ₩31,300. The fair value is estimated to be ₩40,605, 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 54%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 336% in the next 2 years. Major Estimate Revision • Aug 15
Consensus EPS estimates fall by 70% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩430.6m to ₩398.1m. EPS estimate also fell from ₩1,716 per share to ₩513 per share. Net income forecast to shrink 37% next year vs 27% growth forecast for Entertainment industry in South Korea . Consensus price target down from ₩49,750 to ₩48,706. Share price fell 4.7% to ₩34,700 over the past week. Buy Or Sell Opportunity • Aug 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to ₩37,150. The fair value is estimated to be ₩46,928, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 63%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 64% in the next 2 years. Price Target Changed • Jul 21
Price target decreased by 9.6% to ₩50,867 Down from ₩56,294, the current price target is an average from 15 analysts. New target price is 44% above last closing price of ₩35,250. Stock is down 51% over the past year. The company is forecast to post earnings per share of ₩1,732 for next year compared to ₩3,351 last year. Price Target Changed • May 30
Price target decreased by 7.3% to ₩55,875 Down from ₩60,267, the current price target is an average from 16 analysts. New target price is 30% above last closing price of ₩42,850. Stock is down 55% over the past year. The company is forecast to post earnings per share of ₩1,921 for next year compared to ₩3,351 last year. New Risk • May 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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 (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (7.4% net profit margin). Buy Or Sell Opportunity • May 16
Now 24% overvalued Over the last 90 days, the stock has fallen 1.6% to ₩42,800. The fair value is estimated to be ₩34,601, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 67%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 3.6% per annum over the same time period. Price Target Changed • Mar 28
Price target decreased by 7.2% to ₩66,643 Down from ₩71,846, the current price target is an average from 14 analysts. New target price is 44% above last closing price of ₩46,250. Stock is down 19% over the past year. The company is forecast to post earnings per share of ₩2,285 for next year compared to ₩3,350 last year. Price Target Changed • Feb 16
Price target decreased by 8.7% to ₩72,714 Down from ₩79,667, the current price target is an average from 14 analysts. New target price is 68% above last closing price of ₩43,400. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₩3,457 for next year compared to ₩1,540 last year. Price Target Changed • Jan 11
Price target decreased by 7.7% to ₩79,667 Down from ₩86,357, the current price target is an average from 15 analysts. New target price is 78% above last closing price of ₩44,800. Stock is down 7.9% over the past year. The company is forecast to post earnings per share of ₩3,529 for next year compared to ₩1,540 last year. Upcoming Dividend • Dec 20
Upcoming dividend of ₩250 per share at 0.5% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 6.5% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.7%). New Risk • Dec 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩60,300, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Entertainment industry in South Korea. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩41,674 per share. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩572 (vs ₩679 in 3Q 2022) Third quarter 2023 results: EPS: ₩572 (down from ₩679 in 3Q 2022). Revenue: ₩144.0b (up 26% from 3Q 2022). Net income: ₩10.6b (down 15% from 3Q 2022). Profit margin: 7.4% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩52,500, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩39,173 per share. Major Estimate Revision • Nov 15
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩3,637 to ₩3,217 per share. Revenue forecast steady at ₩564.7m. Net income forecast to shrink 2.7% next year vs 58% growth forecast for Entertainment industry in South Korea . Consensus price target of ₩90,143 unchanged from last update. Share price fell 3.4% to ₩59,800 over the past week. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩60,000, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩36,345 per share. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩69,200, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Entertainment industry in South Korea. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩36,131 per share. Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: ₩1,172 (vs ₩311 in 2Q 2022) Second quarter 2023 results: EPS: ₩1,172 (up from ₩311 in 2Q 2022). Revenue: ₩158.3b (up 99% from 2Q 2022). Net income: ₩21.7b (up 279% from 2Q 2022). Profit margin: 14% (up from 7.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩81,700, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the Entertainment industry in South Korea. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩63,990 per share. New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. New Risk • Jun 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Price Target Changed • May 30
Price target increased by 13% to ₩79,357 Up from ₩70,357, the current price target is an average from 14 analysts. New target price is 17% below last closing price of ₩95,200. Stock is up 68% over the past year. The company is forecast to post earnings per share of ₩3,090 for next year compared to ₩1,540 last year. Major Estimate Revision • May 18
Consensus revenue estimates increase by 19% The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩493.9m to ₩587.3m. EPS estimate increased from ₩2,595 to ₩3,110 per share. Net income forecast to grow 73% next year vs 87% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩70,357 to ₩72,571. Share price rose 37% to ₩91,300 over the past week. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩78,100, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Entertainment industry in South Korea. Total returns to shareholders of 167% over the past three years. Reported Earnings • Mar 22
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₩1,541 (up from ₩335 in FY 2021). Revenue: ₩391.2b (up 22% from FY 2021). Net income: ₩28.4b (up 363% from FY 2021). Profit margin: 7.3% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩250 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.2%). Price Target Changed • Nov 23
Price target decreased to ₩71,750 Down from ₩78,571, the current price target is an average from 16 analysts. New target price is 75% above last closing price of ₩40,950. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₩1,771 for next year compared to ₩451 last year. Buying Opportunity • Nov 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be ₩52,671, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 67% in 2 years. Earnings is forecast to grow by 583% in the next 2 years. Major Estimate Revision • Nov 17
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩432.8m to ₩419.2m. EPS estimate rose from ₩1,771 to ₩1,966. Net income forecast to grow 461% next year vs 3.8% decline forecast for Entertainment industry in South Korea. Consensus price target down from ₩79,857 to ₩77,143. Share price was steady at ₩42,200 over the past week. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Outside Director Xiaoming Tang was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buying Opportunity • Jun 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be ₩60,530, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company became loss making. Major Estimate Revision • May 24
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩478.2m to ₩468.8m. EPS estimate also fell from ₩1,925 per share to ₩1,717 per share. Net income forecast to grow 301% next year vs 1.5% decline forecast for Entertainment industry in South Korea. Consensus price target of ₩80,727 unchanged from last update. Share price fell 3.1% to ₩53,900 over the past week. Major Estimate Revision • May 20
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩2,024 to ₩1,744 per share. Revenue forecast steady at ₩471.0m. Net income forecast to grow 306% next year vs 4.1% decline forecast for Entertainment industry in South Korea. Consensus price target of ₩80,727 unchanged from last update. Share price rose 3.3% to ₩55,700 over the past week. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Outside Director Xiaoming Tang was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buying Opportunity • Mar 28
Now 20% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be ₩83,753, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has declined by 31% per annum over the last 3 years. Buying Opportunity • Mar 14
Now 21% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be ₩85,160, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% per annum over the last 3 years. Earnings per share has declined by 20% per annum over the last 3 years. Major Estimate Revision • Aug 14
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₩357.1m to ₩386.4m. EPS estimate fell from ₩1,513 to ₩1,261 per share. Net income forecast to grow 13% next year vs 55% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩65,786 to ₩71,429. Share price rose 7.2% to ₩61,300 over the past week. Price Target Changed • Aug 14
Price target increased to ₩71,429 Up from ₩65,786, the current price target is an average from 14 analysts. New target price is 17% above last closing price of ₩61,300. Stock is up 26% over the past year. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improved over the past week After last week's 15% share price gain to ₩56,900, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 19x in the Entertainment industry in South Korea. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩57,896 per share. Major Estimate Revision • May 15
Consensus revenue estimates increase to ₩368.3m The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from ₩324.8m to ₩368.3m. EPS estimate increased from ₩1,492 to ₩1,655 per share. Net income forecast to grow 55% next year vs 46% growth forecast for Entertainment industry in South Korea. Consensus price target of ₩61,900 unchanged from last update. Share price rose 7.6% to ₩45,100 over the past week. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS ₩1,092 (vs ₩371 loss in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: ₩255.3b (flat on FY 2019). Net income: ₩19.8b (up ₩26.6b from FY 2019). Profit margin: 7.8% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Feb 25
YG Entertainment Inc., Annual General Meeting, Mar 26, 2021 YG Entertainment Inc., Annual General Meeting, Mar 26, 2021, at 09:30 Korea Standard Time. Is New 90 Day High Low • Jan 20
New 90-day high: ₩51,000 The company is up 22% from its price of ₩41,700 on 22 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 Entertainment industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩95,649 per share. Is New 90 Day High Low • Oct 26
New 90-day low: ₩38,700 The company is down 1.0% from its price of ₩38,950 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩81,799 per share. Price Target Changed • Oct 20
Price target raised to ₩52,556 Up from ₩47,111, the current price target is an average from 9 analysts. The new target price is 22% above the current share price of ₩42,950. As of last close, the stock is up 63% over the past year.