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A042

RingNet KOSDAQ:A042500 Stock Report

Last Price

₩5.98k

Market Cap

₩73.6b

7D

-5.1%

1Y

-4.8%

Updated

09 May, 2022

Data

Company Financials
A042500 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

A042500 Stock Overview

RingNet Co., Ltd. provides information and communication technology (ICT) services and solutions in South Korea.

Price History & Performance

Summary of all time highs, changes and price drops for RingNet
Historical stock prices
Current Share Price₩5,980.00
52 Week High₩9,630.00
52 Week Low₩5,390.00
Beta0.36
1 Month Change-7.57%
3 Month Change-6.42%
1 Year Change-4.78%
3 Year Change48.94%
5 Year Change39.56%
Change since IPO295.87%

Recent News & Updates

May 07
RingNet (KOSDAQ:042500) Is Doing The Right Things To Multiply Its Share Price

RingNet (KOSDAQ:042500) Is Doing The Right Things To Multiply Its Share Price

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Apr 19
Does RingNet (KOSDAQ:042500) Have A Healthy Balance Sheet?

Does RingNet (KOSDAQ:042500) Have A Healthy Balance Sheet?

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

Apr 01
Do RingNet's (KOSDAQ:042500) Earnings Warrant Your Attention?

Do RingNet's (KOSDAQ:042500) Earnings Warrant Your Attention?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

A042500KR ITKR Market
7D-5.1%-7.6%-3.0%
1Y-4.8%-15.7%-17.0%

Return vs Industry: A042500 exceeded the KR IT industry which returned -14% over the past year.

Return vs Market: A042500 exceeded the KR Market which returned -15.5% over the past year.

Price Volatility

Is A042500's price volatile compared to industry and market?
A042500 volatility
A042500 Average Weekly Movement4.8%
IT Industry Average Movement5.7%
Market Average Movement5.5%
10% most volatile stocks in KR Market10.5%
10% least volatile stocks in KR Market3.2%

Stable Share Price: A042500 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: A042500's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000214Ju-Suk Leehttps://www.ringnet.co.kr

RingNet Co., Ltd. provides information and communication technology (ICT) services and solutions in South Korea. The company offers system integration services, such as establishment of integrated system through design and diagnosis of network and UC IT infrastructure; integration of server and storage for storing, protecting, and managing the data and application; and smart work services based on virtualization and cloud computing, information leakage prevention, logical/physical network separation, and green IT construction, as well as operates and maintains IT computing resources. It also provides networking products, such as routers, switches, mobility/wireless, DNA, SD-WAN, and L4/L7 products.

RingNet Fundamentals Summary

How do RingNet's earnings and revenue compare to its market cap?
A042500 fundamental statistics
Market Cap₩73.59b
Earnings (TTM)₩8.67b
Revenue (TTM)₩214.78b

8.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A042500 income statement (TTM)
Revenue₩214.78b
Cost of Revenue₩191.06b
Gross Profit₩23.72b
Other Expenses₩15.06b
Earnings₩8.67b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)704.52
Gross Margin11.05%
Net Profit Margin4.04%
Debt/Equity Ratio4.4%

How did A042500 perform over the long term?

See historical performance and comparison

Valuation

Is RingNet undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


8.49x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate A042500's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate A042500's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: A042500 is good value based on its PE Ratio (8.5x) compared to the KR IT industry average (17.5x).

PE vs Market: A042500 is good value based on its PE Ratio (8.5x) compared to the KR market (14.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A042500's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A042500 is good value based on its PB Ratio (1x) compared to the KR IT industry average (1.7x).


Future Growth

How is RingNet forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


33.1%

Forecasted Software industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RingNet has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has RingNet performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


20.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A042500 has a high level of non-cash earnings.

Growing Profit Margin: A042500's current net profit margins (4%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: A042500's earnings have grown significantly by 20.5% per year over the past 5 years.

Accelerating Growth: A042500's earnings growth over the past year (14.4%) is below its 5-year average (20.5% per year).

Earnings vs Industry: A042500 earnings growth over the past year (14.4%) underperformed the IT industry 16.7%.


Return on Equity

High ROE: A042500's Return on Equity (11.6%) is considered low.


Financial Health

How is RingNet's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A042500's short term assets (₩107.7B) exceed its short term liabilities (₩56.1B).

Long Term Liabilities: A042500's short term assets (₩107.7B) exceed its long term liabilities (₩101.1M).


Debt to Equity History and Analysis

Debt Level: A042500 has more cash than its total debt.

Reducing Debt: A042500's debt to equity ratio has increased from 1.4% to 4.4% over the past 5 years.

Debt Coverage: A042500's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: A042500 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is RingNet current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate A042500's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate A042500's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if A042500's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A042500's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as A042500 has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Ju-Suk Lee (67 yo)

no data

Tenure

Mr. Ju-Suk Lee serves as the Chief Executive Officer at RingNet Co. Ltd. Mr. Lee served as Head\Chief of Network Business division at LS Cable Ltd., from March 1976 to March 2000. He serves as an External...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

RingNet Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: RingNet Co., Ltd.
  • Ticker: A042500
  • Exchange: KOSDAQ
  • Founded: 2000
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: ₩73.586b
  • Shares outstanding: 12.31m
  • Website: https://www.ringnet.co.kr

Number of Employees


Location

  • RingNet Co., Ltd.
  • Samsung IT Valley
  • 4th Floor
  • Seoul
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/09 00:00
End of Day Share Price2022/05/09 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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 here.