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Netmarble CorporationKOSE:A251270 Stock Report

Market Cap ₩3.4t
Share Price
₩43.00k
₩48.32k
11.0% undervalued intrinsic discount
1Y-16.5%
7D-13.4%
Portfolio Value
View

Netmarble Corporation

KOSE:A251270 Stock Report

Market Cap: ₩3.4t

Netmarble (A251270) Stock Overview

Develops and publishes PC, mobile, and console games in South Korea and internationally. More details

A251270 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends3/6

A251270 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Netmarble Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Netmarble
Historical stock prices
Current Share Price₩43,000.00
52 Week High₩69,000.00
52 Week Low₩42,150.00
Beta0.93
1 Month Change-14.00%
3 Month Change-21.39%
1 Year Change-16.50%
3 Year Change-26.12%
5 Year Change-66.27%
Change since IPO-73.46%

Recent News & Updates

Narrative Update May 02

A251270: Share Buybacks And New Game Launches Will Support Future Upside

Analysts have trimmed their price target on Netmarble slightly to around ₩71,800, reflecting updated assumptions that now combine higher expected revenue growth with a lower profit margin outlook and a higher future P/E multiple. What's in the News The board authorizes a share buyback plan dated March 25, 2026, giving management the ability to repurchase shares under an approved program (Key Developments).
Narrative Update Apr 18

A251270: Share Buybacks And New RPG Releases Will Support Bullish Outlook

Analysts are keeping their Netmarble price target steady at ₩93,000, highlighting updated assumptions for higher revenue growth, a lower profit margin, and a higher future P/E as key factors behind the unchanged view. What's in the News The Board of Directors authorized a share buyback plan on March 25, 2026, signaling an intention to repurchase shares over a defined period (Key Developments).
Narrative Update Apr 04

A251270: Share Buybacks And New RPG Releases Will Support Future Margins

Analysts have nudged their price target on Netmarble higher to about ₩71,900 from roughly ₩71,500, citing updated assumptions that combine a slightly lower discount rate and a modestly stronger profit margin outlook with more conservative revenue growth and a marginally lower future P/E. What's in the News The Board of Directors authorized a share repurchase plan with up to ₩82,800 million to be bought back under a contract with KB Securities, valid through June 25, 2026.

Recent updates

Narrative Update May 02

A251270: Share Buybacks And New Game Launches Will Support Future Upside

Analysts have trimmed their price target on Netmarble slightly to around ₩71,800, reflecting updated assumptions that now combine higher expected revenue growth with a lower profit margin outlook and a higher future P/E multiple. What's in the News The board authorizes a share buyback plan dated March 25, 2026, giving management the ability to repurchase shares under an approved program (Key Developments).
Narrative Update Apr 18

A251270: Share Buybacks And New RPG Releases Will Support Bullish Outlook

Analysts are keeping their Netmarble price target steady at ₩93,000, highlighting updated assumptions for higher revenue growth, a lower profit margin, and a higher future P/E as key factors behind the unchanged view. What's in the News The Board of Directors authorized a share buyback plan on March 25, 2026, signaling an intention to repurchase shares over a defined period (Key Developments).
Narrative Update Apr 04

A251270: Share Buybacks And New RPG Releases Will Support Future Margins

Analysts have nudged their price target on Netmarble higher to about ₩71,900 from roughly ₩71,500, citing updated assumptions that combine a slightly lower discount rate and a modestly stronger profit margin outlook with more conservative revenue growth and a marginally lower future P/E. What's in the News The Board of Directors authorized a share repurchase plan with up to ₩82,800 million to be bought back under a contract with KB Securities, valid through June 25, 2026.
Analysis Article Mar 27

We Think Netmarble's (KRX:251270) Robust Earnings Are Conservative

Investors were underwhelmed by the solid earnings posted by Netmarble Corporation ( KRX:251270 ) recently. We have done...
Narrative Update Mar 20

A251270: New RPG Launches And Dividend Will Offset Margin And P/E Headwinds

Analysts have raised their fair value estimate for Netmarble from ₩45,260 to ₩48,324. This reflects updated assumptions around revenue trends, profit margins and a lower anticipated future P/E, along with the application of a slightly higher discount rate.
Narrative Update Mar 06

A251270: New RPG Pipeline And Dividend Policy Will Support Stronger Margins

Analysts have inched up their price target on Netmarble from about ₩70,900 to roughly ₩71,500, citing updated assumptions that include slightly higher fair value, a modestly adjusted discount rate, lower revenue growth expectations, stronger profit margin forecasts, and a marginally lower future P/E multiple. What's in the News Global launch of mobile idle RPG StoneAge Idle Adventure, based on the StoneAge IP with more than 200 million players, featuring simplified systems, strategic decks of up to six Trainers and 18 Pets, and multiple PvE and PvP modes.
Narrative Update Feb 20

A251270: Future RPG Launch And Higher Margins Will Support Bullish Outlook

Analysts have trimmed their price target on Netmarble from ₩95,000 to ₩93,000, reflecting updated assumptions that combine more moderate revenue growth with higher projected profit margins and a slightly lower forward P/E multiple. What's in the News Netmarble set the official launch schedule for its open world RPG The Seven deadly Sins: Origin, with early access for PlayStation®?5 and Steam players from March 16, 2026 and a full cross platform launch, including mobile, on March 23, 2026 (Key Developments).
Narrative Update Feb 06

A251270: New Class Excitement Will Conceal Weakening Earnings Power Ahead

Analysts have trimmed their price target for Netmarble slightly to ₩45,260 from about ₩45,482, pointing to updated assumptions around discount rates, revenue trends, profit margins, and future P/E expectations. What's in the News Netmarble rolled out a new update for its dark fantasy MMORPG Raven2, adding the long range Gunslinger class that uses revolvers and shotguns, with a focus on fast movement and stylish combat mechanics (Key Developments).
Analysis Article Jan 28

We Think Netmarble (KRX:251270) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Jan 23

A251270: Content Update Excitement Will Mask Weakening Earnings Power Ahead

Analysts have nudged their fair value estimate for Netmarble from ₩45,000 to about ₩45,482, citing slightly adjusted assumptions for discount rates, profit margins, revenue growth, and future P/E as the drivers of this update. What's in the News Netmarble released a major content update for its brutal dark fantasy MMORPG Raven2, centered on the new Gunslinger class, described as a stylish long range DPS using revolvers and shotguns (Key Developments).
Analysis Article Jan 13

Here's Why Netmarble (KRX:251270) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Jan 09

A251270: Future MMO Launch Momentum Will Support A More Resilient Earnings Profile

Analysts have lifted their fair value estimate for Netmarble from ₩34,240 to ₩45,000, citing slightly softer expected revenue growth, a modestly stronger profit margin profile, and a higher assumed future P/E multiple as the key factors behind the updated price target. What's in the News Netmarble officially launched its brutal dark fantasy MMORPG Raven2 globally on mobile and PC, covering 150 countries across North America, Southeast Asia & Oceania, and Europe with support for 16 languages.
Analysis Article Dec 25

Netmarble Corporation (KRX:251270) Shares Could Be 47% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Netmarble fair value estimate is ₩92,908 Netmarble is...
Narrative Update Dec 25

A251270 Outlook Will Be Driven By Expanding Global MMORPG Engagement

Analysts have raised their price target for Netmarble from 91,000 KRW to 95,000 KRW, reflecting renewed confidence that the company can justify a higher future earnings multiple despite more conservative assumptions for revenue growth and profit margins. What's in the News Global launch of dark fantasy MMORPG Raven2 on mobile and PC, available in 150 countries and 16 languages, with large-scale guild battles and launch events offering Crystal rewards (Key Developments) Pre-launch campaign for Raven2, including pre-download access and a regional server structure across North America, Southeast Asia and Oceania, and Europe, plus exclusive rewards for pre-registered players (Key Developments) Raven2 update adding the Gunslinger class, a new long range DPS option, alongside limited-time growth support rewards, check-in bonuses, and special missions aimed at boosting engagement (Key Developments) Ongoing in-game events for Raven2, such as Crystal ranking contests, tax fund distributions via guild activity, and progression-based equipment rewards designed to accelerate early player growth (Key Developments) Valuation Changes Fair Value: The target price has risen moderately from ₩91,000 to ₩95,000, implying a higher valuation despite more conservative operating assumptions.
Narrative Update Dec 11

A251270: Global Game Launches Will Drive Stronger Margins And Earnings

Narrative Update on Netmarble Analysts have modestly raised their price target on Netmarble, lifting fair value by approximately ₩90 to ₩70,917. They cite slightly stronger expectations for revenue growth, profit margins, and valuation multiples, despite a marginally higher discount rate.
Analysis Article Dec 01

Investors Still Waiting For A Pull Back In Netmarble Corporation (KRX:251270)

With a price-to-earnings (or "P/E") ratio of 41x Netmarble Corporation ( KRX:251270 ) may be sending very bearish...
Narrative Update Nov 27

A251270: Major Global Update Will Drive Improved Profitability This Year

Narrative Update on Netmarble: Analyst Price Target Revision Analysts have modestly raised their fair value estimate for Netmarble to ₩70,826 from ₩70,391. This revision is attributed to improved profit margin expectations, even as projected revenue growth has been slightly reduced.
Narrative Update Nov 13

A251270: Global Game Launches Are Expected To Drive Stronger Performance

Analysts have raised their fair value estimate for Netmarble from ₩69,090.91 to ₩70,391.30. This change reflects updated expectations around projected revenue growth and profitability.
Narrative Update Oct 29

Upcoming Game Launches Will Drive Substantial Global Expansion This Year

Narrative Update: Netmarble Analyst Price Target Revised Upward Analysts have raised Netmarble's fair value estimate from ₩67,476 to ₩69,090. This revision is attributed to slightly improved revenue growth expectations, even though there is a marginal decline in the projected profit margin.
Analysis Article Oct 29

Should You Investigate Netmarble Corporation (KRX:251270) At ₩56,100?

Netmarble Corporation ( KRX:251270 ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Sep 24

Is Netmarble Corporation (KRX:251270) Trading At A 34% Discount?

Key Insights The projected fair value for Netmarble is ₩98,387 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Aug 24

Netmarble's (KRX:251270) Solid Earnings Have Been Accounted For Conservatively

Netmarble Corporation's ( KRX:251270 ) recent earnings report didn't offer any surprises, with the shares unchanged...
Analysis Article Aug 21

Netmarble Corporation's (KRX:251270) Shares May Have Run Too Fast Too Soon

KOSE:A251270 1 Year Share Price vs Fair Value Explore Netmarble's Fair Values from the Community and select yours There...
Narrative Update Aug 10

High-Speed Internet And New Games Will Expand Global Audience

The upward revision in Netmarble’s consensus price target reflects improved profitability, as seen in the significant rise in net profit margin, alongside a more attractive valuation with a reduced forward P/E multiple, leading to a new fair value of ₩66,048. What's in the News Netmarble has opened global pre-registrations for StoneAge: Pet World, a new mobile RPG based on the popular Stone Age IP.
Analysis Article Jul 21

Is Netmarble (KRX:251270) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 17

A Look At The Fair Value Of Netmarble Corporation (KRX:251270)

Key Insights Netmarble's estimated fair value is ₩57,329 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article May 13

Netmarble Corporation's (KRX:251270) Shares Climb 26% But Its Business Is Yet to Catch Up

Netmarble Corporation ( KRX:251270 ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 18

Is Now The Time To Look At Buying Netmarble Corporation (KRX:251270)?

Netmarble Corporation ( KRX:251270 ), might not be a large cap stock, but it saw a double-digit share price rise of...
Analysis Article Mar 26

Some Shareholders Feeling Restless Over Netmarble Corporation's (KRX:251270) P/S Ratio

With a median price-to-sales (or "P/S") ratio of close to 1.8x in the Entertainment industry in Korea, you could be...
Analysis Article Jan 20

These 4 Measures Indicate That Netmarble (KRX:251270) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
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New Narrative Jan 19

Upcoming Game Releases Will Tap New Markets Through PC And Console Expansion

Expansion into new platforms and genres aims to unlock new revenue streams by tapping into broader markets.
Analysis Article Dec 12

Revenues Not Telling The Story For Netmarble Corporation (KRX:251270)

It's not a stretch to say that Netmarble Corporation's ( KRX:251270 ) price-to-sales (or "P/S") ratio of 1.7x right now...
Analysis Article Nov 24

Shareholders Will Be Pleased With The Quality of Netmarble's (KRX:251270) Earnings

The subdued stock price reaction suggests that Netmarble Corporation's ( KRX:251270 ) strong earnings didn't offer any...
Analysis Article Nov 04

Netmarble Corporation's (KRX:251270) Intrinsic Value Is Potentially 28% Above Its Share Price

Key Insights The projected fair value for Netmarble is ₩71,886 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Oct 16

We Think Netmarble (KRX:251270) Is Taking Some Risk With Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 28

Why Netmarble Corporation (KRX:251270) Could Be Worth Watching

Netmarble Corporation ( KRX:251270 ), is not the largest company out there, but it saw a decent share price growth of...
Analysis Article Aug 03

Estimating The Fair Value Of Netmarble Corporation (KRX:251270)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Netmarble fair value estimate is ₩65,511 Netmarble's ₩64,600...
Analysis Article Jul 14

Is Netmarble (KRX:251270) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 26

Why Netmarble Corporation (KRX:251270) Could Be Worth Watching

Netmarble Corporation ( KRX:251270 ), might not be a large cap stock, but it saw significant share price movement...
Analysis Article Jun 08

The Price Is Right For Netmarble Corporation (KRX:251270)

There wouldn't be many who think Netmarble Corporation's ( KRX:251270 ) price-to-sales (or "P/S") ratio of 2x is worth...
Analysis Article Apr 05

Does Netmarble (KRX:251270) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 19

Are Netmarble Corporation (KRX:251270) Investors Paying Above The Intrinsic Value?

Key Insights Netmarble's estimated fair value is ₩47,189 based on 2 Stage Free Cash Flow to Equity Netmarble's ₩60,300...
Analysis Article Feb 28

Should You Investigate Netmarble Corporation (KRX:251270) At ₩66,800?

While Netmarble Corporation ( KRX:251270 ) might not have the largest market cap around , it saw a significant share...

Shareholder Returns

A251270KR EntertainmentKR Market
7D-13.4%-4.7%12.5%
1Y-16.5%-14.6%176.4%

Return vs Industry: A251270 underperformed the KR Entertainment industry which returned -14.6% over the past year.

Return vs Market: A251270 underperformed the KR Market which returned 176.4% over the past year.

Price Volatility

Is A251270's price volatile compared to industry and market?
A251270 volatility
A251270 Average Weekly Movement7.7%
Entertainment Industry Average Movement7.7%
Market Average Movement9.1%
10% most volatile stocks in KR Market16.2%
10% least volatile stocks in KR Market4.7%

Stable Share Price: A251270 has not had significant price volatility in the past 3 months compared to the KR market.

Volatility Over Time: A251270's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/aByeonggyu Kimwww.netmarble.com

Netmarble Corporation develops and publishes PC, mobile, and console games in South Korea and internationally. The company was founded in 2000 and is based in Seoul, South Korea.

Netmarble Corporation Fundamentals Summary

How do Netmarble's earnings and revenue compare to its market cap?
A251270 fundamental statistics
Market cap₩3.35t
Earnings (TTM)₩225.03b
Revenue (TTM)₩2.84t
14.9x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A251270 income statement (TTM)
Revenue₩2.84t
Cost of Revenue₩1.13b
Gross Profit₩2.83t
Other Expenses₩2.61t
Earnings₩225.03b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)2.89k
Gross Margin99.96%
Net Profit Margin7.94%
Debt/Equity Ratio27.6%

How did A251270 perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
32%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 11:19
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Netmarble Corporation is covered by 32 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Susie LeeBofA Global Research
Joshua KimCGS International
Josh YangCitigroup Inc