Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩30,450, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Semiconductor industry in South Korea. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₩31,800, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Semiconductor industry in South Korea. Total returns to shareholders of 59% over the past three years. Announcement • Apr 30
ADTechnology Co.,Ltd. announced that it has received KRW 130 billion in funding from a group of investors On April 29, 2026, ADTechnology Co.,Ltd. closed the transaction, New Risk • Apr 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (39% accrual ratio). Announcement • Apr 22
ADTechnology Co.,Ltd. announced that it expects to receive KRW 130 billion in funding from a group of investors ADTechnology Co.,Ltd. announced a private placement to issue Series 4 Unsecured Private Convertible Bonds for the proceeds of KRW 130,000,000,000 on April 21, 2026. Transaction involves participation of LS Securities Co., Ltd. for KRW 8,000,000,000, Meritz Securities Co., Ltd. for KRW 6,000,000,000, KDBC-Korea Investment & Securities Mezzanine No. 1 New Technology Business Fund for KRW 5,000,000,000 and other investors. Bond bear no interest and no yield to maturity rate. Bond matures on April 29, 2031 and conversion price is KRW 54,603. Transaction is approved by board of directors and is expected to close by April 29, 2026. Bonds are restricted for 1 year from closing. Buy Or Sell Opportunity • Mar 30
Now 23% undervalued Over the last 90 days, the stock has risen 57% to ₩53,100. The fair value is estimated to be ₩68,636, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 07
ADTechnology Co.,Ltd., Annual General Meeting, Mar 30, 2026 ADTechnology Co.,Ltd., Annual General Meeting, Mar 30, 2026, at 09:00 Tokyo Standard Time. Location: auditorium, 7-8, gwanggyojungang-ro 248beon-gil, yeongtong-gu, gyeonggi-do, suwon South Korea New Risk • Dec 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 58% per year over the past 5 years. New Risk • Jun 11
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 9.1% 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 Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Announcement • Mar 18
ADTechnology Co.,Ltd., Annual General Meeting, Mar 31, 2025 ADTechnology Co.,Ltd., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 7-8, gwanggyojungang-ro 248beon-gil, yeongtong-gu, gyeonggi-do, suwon South Korea New Risk • Jan 02
New major risk - Revenue and earnings growth Earnings have declined by 48% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Buy Or Sell Opportunity • Nov 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to ₩16,120. The fair value is estimated to be ₩20,640, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Aug 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 37% to ₩20,700. The fair value is estimated to be ₩25,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 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 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. This is currently the only risk that has been identified for the company. Announcement • Jul 24
ADTechnology Co.,Ltd. (KOSDAQ:A200710) announces an Equity Buyback for KRW 2,000 million worth of its shares. ADTechnology Co.,Ltd. (KOSDAQ:A200710) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million pursuant to a trust contract with Korea Investment & Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value. The share repurchase program is valid until January 25, 2025. As of July 23, 2024, the company had 385,261 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Buy Or Sell Opportunity • Jul 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 45% to ₩23,400. The fair value is estimated to be ₩29,677, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 27
Now 21% overvalued Over the last 90 days, the stock has fallen 4.7% to ₩33,200. The fair value is estimated to be ₩27,427, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Meanwhile, the company became loss making. New Risk • Nov 30
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • Nov 27
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 Earnings have declined by 6.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • Aug 25
New major risk - Revenue and earnings growth Earnings have declined by 6.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). New Risk • Jul 21
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 9.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩19,610, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 4.1% over the past three years. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩17,700, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total loss to shareholders of 37% over the past three years. Announcement • Jan 09
ADTechnology Co.,Ltd. (KOSDAQ:A200710) announces an Equity Buyback for KRW 2,000 million worth of its shares. ADTechnology Co.,Ltd. (KOSDAQ:A200710) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million pursuant to a trust contract with Korea Investment & Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value. The share repurchase program is valid until July 10, 2023. As of January 8, 2023, the company had 278,447 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Upcoming Dividend • Dec 21
Upcoming dividend of ₩70.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 19 April 2023. Payout ratio is a comfortable 7.2% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩13,050, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total loss to shareholders of 9.9% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 18% share price gain to ₩14,900, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 8.9% over the past three years. Announcement • Jul 25
ADTechnology Co.,Ltd. (KOSDAQ:A200710) announces an Equity Buyback for KRW 2,000 million worth of its shares. ADTechnology Co.,Ltd. (KOSDAQ:A200710) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million pursuant to a trust contract with Korea Investment & Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value. The share repurchase program is valid until January 25, 2023. As of July 24, 2022, the company had 130,817 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩14,550, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 23% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩70.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 April 2022. Payout ratio is a comfortable 6.7% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (0.9%). Is New 90 Day High Low • Mar 09
New 90-day low: ₩24,450 The company is down 4.0% from its price of ₩25,500 on 09 December 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period. Is New 90 Day High Low • Jan 25
New 90-day high: ₩31,300 The company is up 35% from its price of ₩23,150 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 50% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₩27,750 The company is up 1.0% from its price of ₩27,400 on 18 September 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 29% over the same period. Is New 90 Day High Low • Oct 19
New 90-day low: ₩23,300 The company is down 22% from its price of ₩29,900 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩6,747 per share. Is New 90 Day High Low • Sep 24
New 90-day low: ₩25,300 The company is down 7.0% from its price of ₩27,200 on 25 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩6,746 per share. Announcement • Jul 17
ADTechnology Co.,Ltd. has completed a Follow-on Equity Offering in the amount of KRW 67.36 billion. ADTechnology Co.,Ltd. has completed a Follow-on Equity Offering in the amount of KRW 67.36 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,200,000
Price\Range: KRW 21050
Discount Per Security: KRW 189.45
Transaction Features: Rights Offering