Netmarble Future Growth

Future criteria checks 3/6

Netmarble is forecast to grow earnings and revenue by 90.3% and 7.4% per annum respectively. EPS is expected to grow by 91.2% per annum. Return on equity is forecast to be 3% in 3 years.

Key information

90.3%

Earnings growth rate

91.2%

EPS growth rate

Entertainment earnings growth	39.2%
Revenue growth rate	7.4%
Future return on equity	3.0%
Analyst coverage	Good
Last updated	16 May 2024

Recent future growth updates

Recent updates

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

Apr 05

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

Mar 19

Are Netmarble's (KRX:251270) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 02

If You Had Bought Netmarble (KRX:251270) Shares A Year Ago You'd Have Earned 29% Returns

Jan 14

Is The Market Rewarding Netmarble Corporation (KRX:251270) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

Dec 27

Netmarble (KRX:251270) Could Easily Take On More Debt

Dec 08

What Type Of Shareholders Own The Most Number of Netmarble Corporation (KRX:251270) Shares?

Nov 18

Earnings and Revenue Growth Forecasts

KOSE:A251270 - Analysts future estimates and past financials data (KRW Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,138,070	160,443	239,560	242,914	12
12/31/2025	3,003,843	110,192	184,700	351,144	24
12/31/2024	2,878,129	90,167	199,288	264,821	24
12/31/2023	2,502,056	-255,671	-123,731	-98,115	N/A
9/30/2023	2,523,369	-496,415	-270,444	-228,826	N/A
6/30/2023	2,587,286	-722,647	-118,299	-40,224	N/A
3/31/2023	2,644,548	-813,856	-404,703	-301,508	N/A
12/31/2022	2,673,408	-819,182	-530,911	-408,394	N/A
9/30/2022	2,738,815	-298,597	-348,204	-235,948	N/A
6/30/2022	2,651,412	-23,287	-480,697	-340,525	N/A
3/31/2022	2,568,005	140,778	-196,746	-70,464	N/A
12/31/2021	2,506,906	240,244	-7,268	137,464	N/A
9/30/2021	2,378,473	232,315	-18,732	194,640	N/A
6/30/2021	2,413,682	285,914	87,297	302,733	N/A
3/31/2021	2,522,206	315,510	215,259	456,881	N/A
12/31/2020	2,484,765	312,951	131,573	372,262	N/A
9/30/2020	2,415,902	211,744	260,375	505,531	N/A
6/30/2020	2,393,481	207,264	224,367	401,610	N/A
3/31/2020	2,233,968	170,485	164,322	310,225	N/A
12/31/2019	2,178,678	155,983	265,702	381,253	N/A
9/30/2019	2,110,784	170,775	219,324	271,309	N/A
6/30/2019	2,016,898	135,770	188,089	225,019	N/A
3/31/2019	1,991,559	155,111	163,312	210,647	N/A
12/31/2018	2,021,273	189,619	195,031	235,338	N/A
9/30/2018	2,149,961	211,268	182,838	219,118	N/A
6/30/2018	2,205,670	241,355	206,704	250,311	N/A
3/31/2018	2,244,920	253,622	259,570	287,950	N/A
12/31/2017	2,424,755	309,809	472,022	503,398	N/A
9/30/2017	2,271,937	346,508	N/A	523,642	N/A
6/30/2017	2,049,275	312,119	N/A	510,268	N/A
3/31/2017	1,848,190	273,003	N/A	446,876	N/A
12/31/2016	1,500,016	173,984	N/A	197,076	N/A
12/31/2015	1,072,921	120,538	N/A	224,251	N/A
12/31/2014	362,381	24,538	N/A	69,308	N/A
12/31/2013	133,317	-3,614	N/A	19,523	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A251270 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.5%).

Earnings vs Market: A251270 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: A251270 is expected to become profitable in the next 3 years.

Revenue vs Market: A251270's revenue (7.4% per year) is forecast to grow slower than the KR market (9.9% per year).

High Growth Revenue: A251270's revenue (7.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A251270's Return on Equity is forecast to be low in 3 years time (3%).

Netmarble Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 8.7% to ₩62,000

Consensus EPS estimates fall by 11%

Price target increased by 7.8% to ₩53,243

Consensus forecasts updated

Price target decreased to ₩53,000

Consensus forecasts updated

Recent updates

Price target increased by 8.7% to ₩62,000

An unknown buyer agreed to acquire 42.6% stake in HYBE Co., Ltd. (KOSE:A352820) from Netmarble Corporation (KOSE:A251270) for KRW 220 million.

Now 27% overvalued after recent price rise

Netmarble Launches Solo Leveling: Arise Worldwide on Mobile and Pc

Netmarble Corporation to Report Q1, 2024 Results on May 09, 2024

Netmarble Announces Official Launch Date for its Brand New Mobile and PC Action Game, Solo Leveling: ARISE

Now 21% overvalued after recent price rise

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

Now 20% overvalued after recent price rise

Full year 2023 earnings released: ₩3,120 loss per share (vs ₩9,998 loss in FY 2022)

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

Netmarble Corporation, Annual General Meeting, Mar 28, 2024

Netmarble Corporation, Annual General Meeting, Mar 28, 2024

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

Netmarble Corporation to Report Q4, 2023 Results on Feb 07, 2024

Now 23% overvalued after recent price rise

Netmarble Announces Start of the Second Closed Beta Test for Paragon: The Overprimes on PlayStation 5

New minor risk - Share price stability

Consensus EPS estimates fall by 11%

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

Netmarble Corporation to Report Q2, 2023 Results on Aug 08, 2023

Netmarble's New Battle Royale TPS Game, HypeSquad, Begins NA Server Focus Test

Netmarble Corporation to Report Q1, 2023 Results on May 11, 2023

Less than half of directors are independent

Now 20% undervalued

Full year 2022 earnings: EPS misses analyst expectations

Now 22% undervalued

Price target increased by 7.8% to ₩53,243

Now 21% undervalued

Netmarble Corporation to Report Q4, 2022 Results on Feb 09, 2023

Consensus forecasts updated

Upcoming dividend of ₩528 per share

Price target decreased to ₩53,000

Now 23% undervalued after recent price drop

Third quarter 2022 earnings: EPS misses analyst expectations

Consensus forecasts updated

Netmarble Corporation Launches All-New Real-Time Fighting PVP Game THE KING OF FIGHTERS ARENA

Netmarble Announces Launch Date for THE KING OF FIGHTERS ARENA and First-Ever NFT Controller Presale

Netmarble Corporation to Report Q3, 2022 Results on Nov 11, 2022

Netmarble Corporation Announces Pre-registration For THE KING OF FIGHTERS ARENA

Kabam, Inc. acquired 99.36% stake in Its Games Inc. from Netmarble Corporation (KOSE:A251270) for KRW 1.5 billion.

Price target decreased to ₩75,747

Price target decreased to ₩85,438

Consensus EPS estimates have been downgraded.

Consensus EPS estimates fall by 11%

Netmarble Announces Two New Servers and Several In-Game Events for Its Dark Fantasy Open World Mobile RPG A3: Still Alive

Consensus forecasts updated

Netmarble Corporation's Battle Royale Game 'Hypesquad' Begins Alpha Test on Steam

Consensus forecasts updated

Now 21% undervalued after recent price drop

Price target decreased to ₩116,708

Now 21% undervalued after recent price drop

Netmarble Corporation to Report Q1, 2022 Results on May 12, 2022

Netmarble Announces MARBLEX Wallet DEX Service Integration to its Dark Fantasy Open World Mobile RPG A3: Still Alive is Now Available

Netmarble Completes Blockchain Ecosystem with Launch of the Marblex Wallet Dex Service

Less than half of directors are independent

KIXEYE, Inc. entered into an agreement to acquire Iron Throne: The Firstborn from Netmarble Corporation (KOSE:A251270).

Upcoming dividend of ₩767 per share

Third quarter 2021 earnings released: EPS ₩368 (vs ₩1,024 in 3Q 2020)

Netmarble Corporation (KOSE:A251270) entered into a share purchase agreement to acquire Spinx Games Limited for $2.2 billion.

Consensus EPS estimates fall to ₩3,039

Full year 2020 earnings released: EPS ₩3,827 (vs ₩1,883 in FY 2019)

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

Netmarble Corporation, Annual General Meeting, Mar 26, 2021

New 90-day low: ₩119,000

Do Insiders Own Lots Of Shares In Netmarble Corporation (KRX:251270)?

Netmarble Corporation to Report Q4, 2020 Results on Feb 10, 2021

Are Netmarble's (KRX:251270) Statutory Earnings A Good Guide To Its Underlying Profitability?

New 90-day high: ₩135,000