Devsisters corporation

KOSDAQ:A194480 Stock Report

Market Cap: ₩343.5b

Devsisters Valuation

Is A194480 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A194480 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A194480 (₩31700) is trading below our estimate of fair value (₩180151.1)

Significantly Below Fair Value: A194480 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A194480?

Key metric: As A194480 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A194480. This is calculated by dividing A194480's market cap by their current revenue.
What is A194480's PS Ratio?
PS Ratio1.8x
Sales₩186.57b
Market Cap₩343.51b

Price to Sales Ratio vs Peers

How does A194480's PS Ratio compare to its peers?

The above table shows the PS ratio for A194480 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
A069080 Webzen
1.9x11.2%₩443.2b
A095660 NEOWIZ
0.9x-0.3%₩390.0b
A078340 Com2uS
0.8x11.8%₩483.7b
A101730 Wemade Max
4.1xn/a₩299.1b
A194480 Devsisters
1.8x27.7%₩343.5b

Price-To-Sales vs Peers: A194480 is good value based on its Price-To-Sales Ratio (1.8x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

How does A194480's PS Ratio compare vs other companies in the KR Entertainment Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
A035760 CJ ENM
0.3x7.1%US$895.77m
A181710 NHN
0.2x8.3%US$400.30m
A036420 ContentreeJoongAng
0.2x6.8%US$116.98m
A042420 NEOWIZ HOLDINGS
0.3xn/aUS$89.64m
A194480 1.8xIndustry Avg. 1.5xNo. of Companies9PS01.22.43.64.86+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: A194480 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the KR Entertainment industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is A194480's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A194480 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.8x
Fair PS Ratio2.3x

Price-To-Sales vs Fair Ratio: A194480 is good value based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).

Analyst Price Targets

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

The above table shows the analyst A194480 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩31,700.00
₩64,000.00
+101.9%
6.8%₩70,000.00₩60,000.00n/a3
Nov ’25₩36,250.00
₩76,666.67
+111.5%
22.2%₩100,000.00₩60,000.00n/a3
Oct ’25₩39,000.00
₩76,666.67
+96.6%
22.2%₩100,000.00₩60,000.00n/a3
Sep ’25₩40,300.00
₩72,250.00
+79.3%
23.0%₩100,000.00₩59,000.00n/a4
Aug ’25₩50,500.00
₩73,000.00
+44.6%
26.2%₩100,000.00₩59,000.00n/a3
Jul ’25₩62,000.00
₩67,666.67
+9.1%
21.3%₩88,000.00₩56,000.00n/a3
Jun ’25₩52,700.00
₩65,000.00
+23.3%
16.4%₩80,000.00₩56,000.00n/a3
May ’25₩48,000.00
₩65,000.00
+35.4%
16.4%₩80,000.00₩56,000.00n/a3
Apr ’25₩49,800.00
₩64,333.33
+29.2%
17.5%₩80,000.00₩54,000.00n/a3
Mar ’25₩41,500.00
₩64,333.33
+55.0%
17.5%₩80,000.00₩54,000.00n/a3
Feb ’25₩39,750.00
₩62,000.00
+56.0%
18.2%₩78,000.00₩54,000.00n/a3
Jan ’25₩48,500.00
₩64,000.00
+32.0%
15.9%₩78,000.00₩54,000.00n/a3
Dec ’24₩47,350.00
₩64,000.00
+35.2%
15.9%₩78,000.00₩54,000.00n/a3
Nov ’24₩49,300.00
₩65,666.67
+33.2%
14.9%₩78,000.00₩54,000.00₩36,250.003
Oct ’24₩45,000.00
₩63,666.67
+41.5%
11.6%₩72,000.00₩54,000.00₩39,000.003
Sep ’24₩50,500.00
₩63,666.67
+26.1%
11.6%₩72,000.00₩54,000.00₩40,300.003
Aug ’24₩37,650.00
₩73,000.00
+93.9%
26.9%₩100,000.00₩54,000.00₩50,500.003
Jul ’24₩43,550.00
₩73,000.00
+67.6%
26.9%₩100,000.00₩54,000.00₩62,000.003
Jun ’24₩48,600.00
₩75,666.67
+55.7%
22.8%₩100,000.00₩62,000.00₩52,700.003
May ’24₩57,600.00
₩91,500.00
+58.9%
9.3%₩100,000.00₩83,000.00₩48,000.002
Apr ’24₩56,500.00
₩80,000.00
+41.6%
3.8%₩83,000.00₩77,000.00₩49,800.002
Mar ’24₩56,600.00
₩80,000.00
+41.3%
3.8%₩83,000.00₩77,000.00₩41,500.002

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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