Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩4,600, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 15x in the Specialty Retail industry in South Korea. Total loss to shareholders of 46% over the past three years. Announcement • Jun 02
Ccg Monument Holdings Ltd. completed the acquisition of 44.14% stake in 09WOMEN Co., Ltd. (KOSDAQ:A366030) from T.S. 2018-12 M&A Investment Fund managed by T.S. Investment Corporation (KOSDAQ:A246690) and Kim Joo-young. Ccg Monument Holdings Ltd. entered into agreement to acquire 44.14% stake in 09WOMEN Co., Ltd. (KOSDAQ:A366030) from T.S. 2018-12 M&A Investment Fund managed by T.S. Investment Corporation (KOSDAQ:A246690) and Kim Joo-young for KRW 72 billion on March 13, 2026. A cash consideration of KRW 72 billion valued at KRW 7200 per share will be paid by Ccg Monument Holdings Ltd. As part of consideration, KRW 72 billion is paid towards common equity of 09WOMEN Co., Ltd. After completion of this transaction Kim Joo-young will hold 10.90% stake and T.S. 2018-12 M&A Investment Fund managed by T.S. Investment Corporation will hold 10.37% stake in 09WOMEN Co., Ltd. The transaction is expected to close on June 1, 2026.
Ccg Monument Holdings Ltd. completed the acquisition of 44.14% stake in 09WOMEN Co., Ltd. (KOSDAQ:A366030) from T.S. 2018-12 M&A Investment Fund managed by T.S. Investment Corporation (KOSDAQ:A246690) and Kim Joo-young on June 1, 2026. Buy Or Sell Opportunity • Jun 02
Now 20% undervalued Over the last 90 days, the stock has risen 12% to ₩5,240. The fair value is estimated to be ₩6,587, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last year. Earnings per share has grown by 47%. New Risk • May 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 70% 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: Major Risk Revenue has declined by 8.6% over the past year. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩129.1b market cap, or US$85.0m). Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩6,750, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 15x in the Specialty Retail industry in South Korea. Total loss to shareholders of 15% over the past three years. Announcement • Mar 17
09WOMEN Co., Ltd., Annual General Meeting, Mar 31, 2026 09WOMEN Co., Ltd., Annual General Meeting, Mar 31, 2026, at 09:30 Tokyo Standard Time. Location: auditorium, 1215, pyeonghwa-ro, gyeonggi-do, yangju South Korea Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₩5,150, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 19x in the Specialty Retail industry in South Korea. Total loss to shareholders of 51% over the past three years. New Risk • Jan 02
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 8.5% 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: Major Risk Revenue has declined by 7.2% over the past year. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₩128.7b market cap, or US$89.0m). Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩5,230, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 18x in the Specialty Retail industry in South Korea. Total loss to shareholders of 52% over the past three years. Buy Or Sell Opportunity • Nov 25
Now 22% undervalued Over the last 90 days, the stock has risen 21% to ₩5,130. The fair value is estimated to be ₩6,542, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last year. Earnings per share has declined by 30%. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩5,940, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 16x in the Specialty Retail industry in South Korea. Total loss to shareholders of 28% over the past three years. Buy Or Sell Opportunity • Mar 11
Now 21% undervalued Over the last 90 days, the stock has risen 17% to ₩4,435. The fair value is estimated to be ₩5,609, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last year. Earnings per share has declined by 23%. Announcement • Mar 07
09WOMEN Co., Ltd., Annual General Meeting, Mar 27, 2025 09WOMEN Co., Ltd., Annual General Meeting, Mar 27, 2025, at 09:30 Tokyo Standard Time. Location: auditorium, 1215, pyeonghwa-ro, gyeonggi-do, yangju South Korea Buy Or Sell Opportunity • Feb 11
Now 23% undervalued Over the last 90 days, the stock has risen 30% to ₩4,850. The fair value is estimated to be ₩6,330, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last year. Earnings per share has declined by 23%. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩4,960, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 12x in the Specialty Retail industry in South Korea. Total loss to shareholders of 19% over the past year. New Risk • Jan 15
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 11% 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 Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩110.4b market cap, or US$75.7m). Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩4,880, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 10x in the Specialty Retail industry in South Korea. Total loss to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩3,920, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Specialty Retail industry in South Korea. Total loss to shareholders of 34% over the past year. New Risk • Dec 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (₩87.4b market cap, or US$62.8m). Buy Or Sell Opportunity • Oct 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₩4,880. The fair value is estimated to be ₩6,202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last year. Earnings per share has declined by 23%. Buy Or Sell Opportunity • Sep 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to ₩4,925. The fair value is estimated to be ₩6,253, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last year. Earnings per share has declined by 23%. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩5,200, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 12x in the Specialty Retail industry in South Korea. Total loss to shareholders of 29% over the past year. Buy Or Sell Opportunity • Aug 05
Now 33% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to ₩4,220. The fair value is estimated to be ₩6,257, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last year. Earnings per share has declined by 23%. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩6,890, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 20x in the Specialty Retail industry in South Korea. Total loss to shareholders of 13% over the past year. Buy Or Sell Opportunity • May 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to ₩5,640. The fair value is estimated to be ₩7,139, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.7% over the last year. Earnings per share has declined by 19%. Buy Or Sell Opportunity • Mar 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to ₩5,680. The fair value is estimated to be ₩7,105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.7% over the last year. Earnings per share has declined by 19%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩6,360, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 17x in the Specialty Retail industry in South Korea. Total loss to shareholders of 49% over the past year. New Risk • Jan 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩130.1b (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 7.1% over the past year. Minor Risk Market cap is less than US$100m (₩130.1b market cap, or US$96.6m). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩86.00 (vs ₩136 in 3Q 2022) Third quarter 2023 results: EPS: ₩86.00 (down from ₩136 in 3Q 2022). Revenue: ₩11.6b (down 20% from 3Q 2022). Net income: ₩1.94b (down 29% from 3Q 2022). Profit margin: 17% (down from 19% in 3Q 2022). The decrease in margin was driven by lower revenue. New Risk • Oct 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩129.2b (US$95.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (₩129.2b market cap, or US$95.6m). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩9,310, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 21x in the Specialty Retail industry in South Korea. Total returns to shareholders of 32% over the past year. Buying Opportunity • May 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be ₩10,543, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has declined by 4.9%. Buying Opportunity • May 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be ₩10,538, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last year. Earnings per share has declined by 4.8%. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩10,250, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 20x in the Specialty Retail industry in South Korea. Total returns to shareholders of 70% over the past year. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩9,320, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 22x in the Online Retail industry in South Korea. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₩11,900, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 22x in the Online Retail industry in South Korea. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 39% share price gain to ₩14,000, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 18x in the Online Retail industry in South Korea. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 17% share price gain to ₩10,450, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 22x in the Online Retail industry in South Korea. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 32% share price gain to ₩9,430, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 19x in the Online Retail industry in South Korea. Buying Opportunity • Sep 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be ₩11,656, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩10,600, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 9x in the Online Retail industry in South Korea. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorated over the past week After last week's 55% share price decline to ₩14,250, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 9x in the Online Retail industry in South Korea.