NOT FOR DISTRIBUTION
Header cover image

Market Cap

₩564.5b

Last Updated

2021/04/19 08:46 UTC

Data Sources

Company Financials +

Executive Summary

GOLFZON Co., Ltd. engages in the manufacture and sale of golf simulators in South Korea and internationally. More Details


Snowflake Analysis

Very undervalued with flawless balance sheet and pays a dividend.

Share Price & News

How has GOLFZON's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A215000 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: A215000's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

0.7%

A215000

1.3%

KR Entertainment

1.7%

KR Market


1 Year Return

105.8%

A215000

53.7%

KR Entertainment

65.2%

KR Market

Return vs Industry: A215000 exceeded the KR Entertainment industry which returned 53.7% over the past year.

Return vs Market: A215000 exceeded the KR Market which returned 65.2% over the past year.


Shareholder returns

A215000IndustryMarket
7 Day0.7%1.3%1.7%
30 Day15.3%8.3%6.6%
90 Day35.0%16.6%3.1%
1 Year113.4%105.8%55.1%53.7%73.7%65.2%
3 Year130.8%104.4%36.2%33.5%33.6%22.9%
5 Year56.7%28.6%59.7%52.8%64.8%43.8%

Long-Term Price Volatility Vs. Market

How volatile is GOLFZON's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GOLFZON undervalued compared to its fair value and its price relative to the market?

46.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A215000 (₩92200) is trading below our estimate of fair value (₩170881.59)

Significantly Below Fair Value: A215000 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A215000 is good value based on its PE Ratio (15.1x) compared to the KR Entertainment industry average (32x).

PE vs Market: A215000 is good value based on its PE Ratio (15.1x) compared to the KR market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: A215000 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: A215000 is good value based on its PB Ratio (2.6x) compared to the KR Entertainment industry average (3.4x).


Future Growth

How is GOLFZON forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

20.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A215000's forecast earnings growth (20.3% per year) is above the savings rate (3.7%).

Earnings vs Market: A215000's earnings (20.3% per year) are forecast to grow slower than the KR market (34.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A215000's revenue (8.8% per year) is forecast to grow slower than the KR market (9.8% per year).

High Growth Revenue: A215000's revenue (8.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A215000's Return on Equity is forecast to be high in 3 years time (22.1%)


Past Performance

How has GOLFZON performed over the past 5 years?

-18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A215000 has high quality earnings.

Growing Profit Margin: A215000's current net profit margins (12.8%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: A215000's earnings have declined by 18.6% per year over the past 5 years.

Accelerating Growth: A215000's earnings growth over the past year (135.9%) exceeds its 5-year average (-18.6% per year).

Earnings vs Industry: A215000 earnings growth over the past year (135.9%) exceeded the Entertainment industry 57.6%.


Return on Equity

High ROE: A215000's Return on Equity (16.6%) is considered low.


Financial Health

How is GOLFZON's financial position?


Financial Position Analysis

Short Term Liabilities: A215000's short term assets (₩116.3B) exceed its short term liabilities (₩80.9B).

Long Term Liabilities: A215000's short term assets (₩116.3B) exceed its long term liabilities (₩60.8B).


Debt to Equity History and Analysis

Debt Level: A215000 is debt free.

Reducing Debt: A215000 has no debt compared to 5 years ago when its debt to equity ratio was 32.2%.

Debt Coverage: A215000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: A215000 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is GOLFZON current dividend yield, its reliability and sustainability?

2.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A215000's dividend (2.22%) is higher than the bottom 25% of dividend payers in the KR market (0.64%).

High Dividend: A215000's dividend (2.22%) is in the top 25% of dividend payers in the KR market (2.17%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A215000 has been paying a dividend for less than 10 years.

Growing Dividend: A215000's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.6%), A215000's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A215000's dividends in 3 years are forecast to be well covered by earnings (25.1% payout ratio).


Next Steps

Management

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


CEO

Won Jang Sung

no data

Tenure

Won Jang Sung serves as the Chief Executive Officer of GOLFZON CO., LTD.


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.


Top Shareholders

Company Information

GOLFZON Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GOLFZON Co., Ltd.
  • Ticker: A215000
  • Exchange: KOSDAQ
  • Founded: 2000
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: ₩564.522b
  • Shares outstanding: 6.27m
  • Website: https://company.golfzon.com

Location

  • GOLFZON Co., Ltd.
  • GOLFZON Tower
  • 735, Yeongdong-daero
  • Seoul
  • South Korea

Listings


Biography

GOLFZON Co., Ltd. engages in the manufacture and sale of golf simulators in South Korea and internationally. The company offers golf simulators, under the GOLFZON Vision and GOLFZON Driving Range names. It...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 08:46
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.