Ncsoft Future Growth

Future criteria checks 2/6

Ncsoft is forecast to grow earnings and revenue by 24.3% and 10.3% per annum respectively. EPS is expected to grow by 22.2% per annum. Return on equity is forecast to be 8% in 3 years.

Key information

24.3%

Earnings growth rate

22.2%

EPS growth rate

Entertainment earnings growth	40.3%
Revenue growth rate	10.3%
Future return on equity	8.0%
Analyst coverage	Good
Last updated	20 Jun 2024

Recent future growth updates

Recent updates

Ncsoft Corporation's (KRX:036570) Stock Been Rising: Are Strong Financials Guiding The Market?

Mar 06

Ncsoft Corporation's (KRX:036570) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Feb 21

Should You Be Adding Ncsoft (KRX:036570) To Your Watchlist Today?

Feb 07

Ncsoft (KRX:036570) Is Very Good At Capital Allocation

Jan 25

We Think Ncsoft (KRX:036570) Can Manage Its Debt With Ease

Jan 10

Be Sure To Check Out Ncsoft Corporation (KRX:036570) Before It Goes Ex-Dividend

Dec 24

What You Need To Know About Ncsoft Corporation's (KRX:036570) Investor Composition

Dec 11

Shareholders Of Ncsoft (KRX:036570) Must Be Happy With Their 297% Total Return

Nov 26

Earnings and Revenue Growth Forecasts

KOSE:A036570 - Analysts future estimates and past financials data (KRW Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,233,032	299,731	280,988	400,792	20
12/31/2025	2,034,701	265,298	320,918	454,350	30
12/31/2024	1,708,571	168,202	238,109	314,652	28
3/31/2024	1,698,974	155,618	71,421	158,938	N/A
12/31/2023	1,779,833	212,139	-19,039	139,905	N/A
9/30/2023	1,890,072	153,570	-23,743	199,888	N/A
6/30/2023	2,071,196	291,774	132,713	368,077	N/A
3/31/2023	2,260,228	380,510	233,470	508,811	N/A
12/31/2022	2,571,792	435,715	482,595	736,014	N/A
9/30/2022	2,781,006	591,198	512,385	782,593	N/A
6/30/2022	2,677,404	509,132	459,358	728,526	N/A
3/31/2022	2,586,668	484,917	189,251	511,113	N/A
12/31/2021	2,308,817	396,893	104,712	391,087	N/A
9/30/2021	2,112,992	355,598	100,256	312,412	N/A
6/30/2021	2,197,532	409,010	193,883	377,656	N/A
3/31/2021	2,197,557	472,821	487,952	565,043	N/A
12/31/2020	2,416,184	587,403	642,770	707,646	N/A
9/30/2020	2,388,682	561,052	655,651	721,689	N/A
6/30/2020	2,201,321	521,230	606,873	649,313	N/A
3/31/2020	2,073,540	479,444	525,330	577,340	N/A
12/31/2019	1,701,185	358,174	338,455	392,249	N/A
9/30/2019	1,567,007	370,567	360,125	407,861	N/A
6/30/2019	1,573,028	350,097	295,875	345,426	N/A
3/31/2019	1,598,703	373,618	189,630	227,382	N/A
12/31/2018	1,715,116	418,185	321,988	352,800	N/A
9/30/2018	1,848,790	469,699	423,014	448,660	N/A
6/30/2018	2,172,225	651,435	711,403	736,890	N/A
3/31/2018	1,994,388	542,177	689,588	721,294	N/A
12/31/2017	1,758,722	440,967	N/A	595,173	N/A
9/30/2017	1,510,015	390,052	N/A	416,929	N/A
6/30/2017	1,000,309	163,655	N/A	108,879	N/A
3/31/2017	982,212	223,591	N/A	166,080	N/A
12/31/2016	983,557	272,269	N/A	112,023	N/A
9/30/2016	935,907	247,512	N/A	188,863	N/A
6/30/2016	914,020	229,621	N/A	189,800	N/A
3/31/2016	891,032	195,976	N/A	234,909	N/A
12/31/2015	838,298	165,393	N/A	241,337	N/A
9/30/2015	836,468	185,711	N/A	235,407	N/A
6/30/2015	852,412	231,501	N/A	258,554	N/A
3/31/2015	848,685	228,794	N/A	258,265	N/A
12/31/2014	838,718	229,958	N/A	263,581	N/A
9/30/2014	813,599	214,410	N/A	234,778	N/A
6/30/2014	771,724	163,692	N/A	189,239	N/A
3/31/2014	749,928	143,481	N/A	210,813	N/A
12/31/2013	756,656	158,756	N/A	236,188	N/A
9/30/2013	829,982	215,841	N/A	286,086	N/A
6/30/2013	842,434	231,741	N/A	302,794	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A036570's forecast earnings growth (24.3% per year) is above the savings rate (2.5%).

Earnings vs Market: A036570's earnings (24.3% per year) are forecast to grow slower than the KR market (28.7% per year).

High Growth Earnings: A036570's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A036570's revenue (10.3% per year) is forecast to grow slower than the KR market (10.5% per year).

High Growth Revenue: A036570's revenue (10.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A036570's Return on Equity is forecast to be low in 3 years time (8%).

Ncsoft Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 15%, revenue downgraded

Consensus EPS estimates fall by 20%

Price target decreased by 11% to ₩225,407

Consensus EPS estimates fall by 18%

Price target decreased by 7.4% to ₩263,483

Consensus EPS estimates fall by 11%

Recent updates

Calculating The Fair Value Of Ncsoft Corporation (KRX:036570)

Ncsoft's (KRX:036570) Soft Earnings Are Actually Better Than They Appear

What Ncsoft Corporation's (KRX:036570) P/E Is Not Telling You

First quarter 2024 earnings released

Consensus EPS estimates increase by 15%, revenue downgraded

Here's Why Ncsoft (KRX:036570) Can Manage Its Debt Responsibly

Calculating The Fair Value Of Ncsoft Corporation (KRX:036570)

Ncsoft (KRX:036570) May Have Issues Allocating Its Capital

Ncsoft Corporation, Annual General Meeting, Mar 28, 2024

Consensus EPS estimates fall by 20%

Price target decreased by 11% to ₩225,407

Full year 2023 earnings released

Consensus EPS estimates fall by 18%

Price target decreased by 7.4% to ₩263,483

Ncsoft Corporation to Report Q4, 2023 Results on Feb 08, 2024

Upcoming dividend of ₩6,680 per share at 2.8% yield

Investor sentiment deteriorates as stock falls 15%

New minor risk - Profit margin trend

Consensus EPS estimates fall by 11%

Ncsoft Corporation to Report Q3, 2023 Results on Nov 09, 2023

Price target decreased by 7.5% to ₩332,370

Arenanet, Inc. and Ncsoft Corporation Launches New Guild Wars 2 Expansion 'Secrets of the Obscure' on Windows PC

Ncsoft Corporation to Report Q2, 2023 Results on Aug 09, 2023

Price target decreased by 9.1% to ₩379,429

Consensus EPS estimates fall by 26%

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 17%

First quarter 2023 earnings released: EPS: ₩5,599 (vs ₩8,317 in 1Q 2022)

Now 20% undervalued after recent price drop

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 13%

Ncsoft Corporation Announces Cash Dividend

Now 24% undervalued after recent price drop

Now 22% undervalued

Upcoming dividend of ₩5,860 per share

Now 22% undervalued

Price target increased to ₩477,481

Now 24% undervalued

Consensus forecasts updated

Consensus forecasts updated

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to ₩493,333

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2021 earnings: Revenues miss analyst expectations

Price target decreased to ₩789,704

Upcoming dividend of ₩8,550 per share

Investor sentiment improved over the past week

Price target increased to ₩916,885

Ncsoft Corporation Announces Lineage W Takes Off Across the Globe on November 4, 2021

Price target decreased to ₩895,185

Investor sentiment deteriorated over the past week

Price target decreased to ₩974,667

Investor sentiment deteriorated over the past week

NCSOFT Reveales the Company’s New Mobile MMORPG Lineage W Through A Global Online Showcase Titled the World

Ncsoft Corporation's (KRX:036570) Stock Been Rising: Are Strong Financials Guiding The Market?

Ncsoft Corporation's (KRX:036570) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Should You Be Adding Ncsoft (KRX:036570) To Your Watchlist Today?

Full year 2020 earnings released

Ncsoft Corporation, Annual General Meeting, Mar 25, 2021

New 90-day high: ₩1,008,000

Ncsoft (KRX:036570) Is Very Good At Capital Allocation

We Think Ncsoft (KRX:036570) Can Manage Its Debt With Ease

New 90-day high: ₩995,000

Be Sure To Check Out Ncsoft Corporation (KRX:036570) Before It Goes Ex-Dividend

New 90-day high: ₩897,000

Upcoming Dividend of ₩5,220 Per Share

What You Need To Know About Ncsoft Corporation's (KRX:036570) Investor Composition

Shareholders Of Ncsoft (KRX:036570) Must Be Happy With Their 297% Total Return