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A049

Openbase KOSDAQ:A049480 Stock Report

Last Price

₩3.51k

Market Cap

₩109.4b

7D

-1.4%

1Y

19.0%

Updated

17 May, 2022

Data

Company Financials
A049480 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

A049480 Stock Overview

Openbase, Inc. provides IT infrastructure service in South Korea.

Openbase Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Openbase
Historical stock prices
Current Share Price₩3,510.00
52 Week High₩8,000.00
52 Week Low₩2,840.00
Beta1.36
1 Month Change-4.49%
3 Month Change10.03%
1 Year Change18.98%
3 Year Change41.25%
5 Year Change-21.83%
Change since IPO-42.46%

Recent News & Updates

Shareholder Returns

A049480KR ITKR Market
7D-1.4%-2.5%0.006%
1Y19.0%-15.5%-15.8%

Return vs Industry: A049480 exceeded the KR IT industry which returned -15.5% over the past year.

Return vs Market: A049480 exceeded the KR Market which returned -15.8% over the past year.

Price Volatility

Is A049480's price volatile compared to industry and market?
A049480 volatility
A049480 Average Weekly Movement9.4%
IT Industry Average Movement5.6%
Market Average Movement5.5%
10% most volatile stocks in KR Market10.3%
10% least volatile stocks in KR Market3.2%

Stable Share Price: A049480 is more volatile than 75% of KR stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: A049480's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of KR stocks.

About the Company

FoundedEmployeesCEOWebsite
1995174Kyu-Hyeon Songhttps://www.openbase.co.kr

Openbase, Inc. provides IT infrastructure service in South Korea. The company offers network infrastructure solutions for load balancing, WAN acceleration, intelligent traffic management, and DNS/DHCP/IP management solutions. It also provides security solutions for the protection of network infrastructures, such as Radware DefensePro, a hardware platform; Web Application Firewall; FireEye, an APT security solution; and Rapid 7, a vulnerability diagnosis and mock hacking verification solution.

Openbase Fundamentals Summary

How do Openbase's earnings and revenue compare to its market cap?
A049480 fundamental statistics
Market Cap₩109.40b
Earnings (TTM)₩4.63b
Revenue (TTM)₩175.90b

23.7x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A049480 income statement (TTM)
Revenue₩175.90b
Cost of Revenue₩139.88b
Gross Profit₩36.02b
Other Expenses₩31.39b
Earnings₩4.63b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)147.90
Gross Margin20.47%
Net Profit Margin2.63%
Debt/Equity Ratio19.2%

How did A049480 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

10%

Payout Ratio

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: A049480 (₩3510) is trading below our estimate of fair value (₩36416.37)

Significantly Below Fair Value: A049480 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A049480 is poor value based on its PE Ratio (23.7x) compared to the KR IT industry average (18.2x).

PE vs Market: A049480 is poor value based on its PE Ratio (23.7x) compared to the KR market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A049480's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A049480's PB Ratio (1.6x) is in line with the KR IT industry average.


Future Growth

How is Openbase 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


32.5%

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 Openbase 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 Openbase performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A049480 has high quality earnings.

Growing Profit Margin: A049480's current net profit margins (2.6%) are higher than last year (1.6%).


Past Earnings Growth Analysis

Earnings Trend: A049480's earnings have grown by 7.3% per year over the past 5 years.

Accelerating Growth: A049480's earnings growth over the past year (87.7%) exceeds its 5-year average (7.3% per year).

Earnings vs Industry: A049480 earnings growth over the past year (87.7%) exceeded the IT industry 17.4%.


Return on Equity

High ROE: A049480's Return on Equity (6.2%) is considered low.


Financial Health

How is Openbase's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A049480's short term assets (₩107.6B) exceed its short term liabilities (₩75.2B).

Long Term Liabilities: A049480's short term assets (₩107.6B) exceed its long term liabilities (₩4.3B).


Debt to Equity History and Analysis

Debt Level: A049480 has more cash than its total debt.

Reducing Debt: A049480's debt to equity ratio has reduced from 58.3% to 19.2% over the past 5 years.

Debt Coverage: A049480's debt is well covered by operating cash flow (158.1%).

Interest Coverage: A049480 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Openbase 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


0.43%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A049480's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A049480's dividend (0.43%) is low compared to the top 25% of dividend payers in the KR market (2.73%).


Stability and Growth of Payments

Stable Dividend: A049480 is not paying a notable dividend for the KR market, therefore no need to check if payments are stable.

Growing Dividend: A049480 is not paying a notable dividend for the KR market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: A049480 is not paying a notable dividend for the KR market.


Cash Payout to Shareholders

Cash Flow Coverage: A049480 is not paying a notable dividend for the KR market.


Next Steps

Management

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


CEO

Kyu-Hyeon Song (64 yo)

no data

Tenure

Mr. Kyu-Hyeon Song serves as the Chief Executive Officer of Openbase, Inc. Mr. Song served on Integration Marketing Team of IBM Korea. Mr. Song holds a Bachelor’s degree from Seoul National University, in...


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

Openbase, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Openbase, Inc.
  • Ticker: A049480
  • Exchange: KOSDAQ
  • Founded: 1995
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: ₩109.398b
  • Shares outstanding: 31.30m
  • Website: https://www.openbase.co.kr

Number of Employees


Location

  • Openbase, Inc.
  • High Brand Building
  • 4th Floor
  • Seoul
  • 6771
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 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.