Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,880, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 11x in the Media industry in South Korea. Total loss to shareholders of 38% over the past three years. New Risk • Apr 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩6,280, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 10% over the past three years. Announcement • Feb 27
YG Plus, Inc. announces Annual dividend YG Plus, Inc. announced Annual dividend of KRW 30.0000 per share, ex-date on March 12, 2026 and record date on March 13, 2026. New Risk • Aug 30
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩10,160, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 15x in the Media industry in South Korea. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩9,990, the stock trades at a trailing P/E ratio of 78.4x. Average trailing P/E is 15x in the Media industry in South Korea. Total returns to shareholders of 70% over the past three years. New Risk • Jul 09
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 8.9% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩8,230, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 15x in the Media industry in South Korea. Total returns to shareholders of 80% over the past three years. Announcement • Feb 28
YG Plus, Inc., Annual General Meeting, Mar 28, 2025 YG Plus, Inc., Annual General Meeting, Mar 28, 2025, at 08:00 Tokyo Standard Time. Location: auditorium, 19, yanghwa-ro, mapo-gu, seoul South Korea Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩5,050, the stock trades at a trailing P/E ratio of 49.6x. Average trailing P/E is 13x in the Media industry in South Korea. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to ₩4,995, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 12x in the Media industry in South Korea. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩3,480, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 12x in the Media industry in South Korea. Total loss to shareholders of 55% over the past three years. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩2,675, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 11x in the Media industry in South Korea. Total loss to shareholders of 63% over the past three years. Buy Or Sell Opportunity • Mar 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.1% to ₩4,260. The fair value is estimated to be ₩5,414, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 44%. 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 9.7% 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 21% After last week's 21% share price gain to ₩5,200, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 8x in the Media industry in South Korea. Total returns to shareholders of 2.2% over the past three years. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩90.00 (vs ₩37.64 in 3Q 2022) Third quarter 2023 results: EPS: ₩90.00 (up from ₩37.64 in 3Q 2022). Revenue: ₩59.7b (up 64% from 3Q 2022). Net income: ₩5.72b (up 136% from 3Q 2022). Profit margin: 9.6% (up from 6.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩4,830, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Media industry in South Korea. Total loss to shareholders of 6.9% over the past three years. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩6,430, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 12x in the Media industry in South Korea. Total returns to shareholders of 259% over the past three years. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: ₩99.74 (vs ₩340 in FY 2021) Full year 2022 results: EPS: ₩99.74 (down from ₩340 in FY 2021). Revenue: ₩140.2b (up 17% from FY 2021). Net income: ₩6.34b (down 70% from FY 2021). Profit margin: 4.5% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 15
An unknown buyer agreed to acquire unknown minority stake in NAVER Z Corporation from YG Plus, Inc. (KOSE:A037270) for KRW 7.4 billion. An unknown buyer agreed to acquire unknown minority stake in NAVER Z Corporation from YG Plus, Inc. (KOSE:A037270) for KRW 7.4 billion on February 13, 2022. KRW 5.7 billion will be paid within 3 weeks after the contract signing date and remaining KRW 1.7 billion will be paid when conditions for receiving additional sales proceeds met. As part of transaction, YG Plus will sell 728 shares. The transaction is expected to complete on March 7, 2024. Buying Opportunity • Nov 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be ₩5,403, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 61%. Board Change • Nov 16
No independent 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. 1 highly experienced director. No independent directors (8 non-independent directors). Chief Executive Officer and Representative Director Seung-Sool Ahn was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Buying Opportunity • Sep 21
Now 20% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be ₩6,637, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 61%. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩5,770, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 13x in the Media industry in South Korea. Total returns to shareholders of 434% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₩5,370, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 14x in the Media industry in South Korea. Total returns to shareholders of 328% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₩5,620, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 15x in the Media industry in South Korea. Total returns to shareholders of 310% over the past three years. Board Change • Apr 27
No independent 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. 1 highly experienced director. No independent directors (8 non-independent directors). Chief Executive Officer and Representative Director Seung-Sool Ahn was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 15% share price gain to ₩7,200, the stock trades at a trailing P/E ratio of 63.9x. Average trailing P/E is 15x in the Media industry in South Korea. Total returns to shareholders of 230% over the past three years. Reported Earnings • Mar 21
Full year 2020 earnings released: EPS ₩46.44 (vs ₩64.63 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩107.1b (down 5.7% from FY 2019). Net income: ₩2.73b (down 26% from FY 2019). Profit margin: 2.5% (down from 3.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Announcement • Feb 26
YG Plus, Inc., Annual General Meeting, Mar 25, 2021 YG Plus, Inc., Annual General Meeting, Mar 25, 2021, at 09:30 Korea Standard Time. Announcement • Feb 06
YG Plus, Inc. announced that it has received KRW 19.999992896 billion in funding from Big Hit Entertainment Co., Ltd., beNX Co., Ltd. On February 4, 2021, YG Plus, Inc. (KOSE:A037270) closed the transaction. Announcement • Jan 29
YG Plus, Inc. announced that it expects to receive KRW 19.999992896 billion in funding from Big Hit Entertainment Co., Ltd., Benx Co.,Ltd. YG Plus, Inc. (KOSE:A037270) announced a private placement of 3,152,584 common shares at a price of KRW 6,344 for gross proceeds of KRW 19,999,992,896 on January 27, 2021. The company will receive funds through third party capital increase. The transaction will include participation from new investors Big Hit Entertainment Co., Ltd. (KOSE:A352820) for 1,351,108 shares for 7.68% stake and Benx Co.,Ltd. for 1,801,476 shares for 10.24% stake. The transaction has been approved by the board of directors of the company. The transaction is expected to close on February 04, 2021. The shares issued are subject to restriction period of one year from closing. Is New 90 Day High Low • Jan 13
New 90-day high: ₩6,270 The company is up 4.0% from its price of ₩6,020 on 15 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: ₩8,270 The company is up 150% from its price of ₩3,305 on 30 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 20% over the same period.