Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩4,055, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to ₩3,250, the stock trades at a trailing P/E ratio of 55.1x. Average trailing P/E is 17x in the Software industry in South Korea. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,740, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 12% over the past three years. New Risk • Mar 12
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 14% 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 High level of non-cash earnings (66% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₩59.9b market cap, or US$40.5m). Announcement • Mar 04
ELUON Corporation, Annual General Meeting, Mar 27, 2026 ELUON Corporation, Annual General Meeting, Mar 27, 2026, at 09:00 Tokyo Standard Time. Location: seminar room, 660, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩1,778, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Software industry in South Korea. Total loss to shareholders of 42% over the past three years. New Risk • Nov 12
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 8.0% 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 High level of non-cash earnings (83% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (5.9% net profit margin). Market cap is less than US$100m (₩57.6b market cap, or US$39.2m). Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩1,910, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩1,890, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 17x in the Software industry in South Korea. Total loss to shareholders of 12% over the past three years. New Risk • May 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 61% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (61% accrual ratio). Minor Risk Market cap is less than US$100m (₩41.9b market cap, or US$30.5m). Announcement • May 09
ELUON Corporation (KOSDAQ:A065440) announces an Equity Buyback for KRW 2,000 million worth of its shares. ELUON Corporation (KOSDAQ:A065440) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a contract with NH INVESTMENT & SECURITIES CO.,LTD. The purpose of this acquisition is to stabilize stock prices and enhance shareholder value. The authority shall expire on November 7, 2025. As of May 7, 2025, the company had 0 shares under distributable profits and had 0 treasury shares under other stocks. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩1,773, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 19% over the past three years. Announcement • Mar 01
ELUON Corporation, Annual General Meeting, Mar 28, 2025 ELUON Corporation, Annual General Meeting, Mar 28, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 660, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩1,690, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 26% over the past three years. New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩42.2b market cap, or US$29.4m). New Risk • Dec 07
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). Minor Risk Market cap is less than US$100m (₩37.1b market cap, or US$26.1m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ₩48.00 (vs ₩17.00 in 2Q 2023) Second quarter 2024 results: EPS: ₩48.00 (up from ₩17.00 in 2Q 2023). Revenue: ₩13.7b (up 22% from 2Q 2023). Net income: ₩1.27b (up 189% from 2Q 2023). Profit margin: 9.3% (up from 3.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩1,150, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,635, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 107% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩3,155, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 18x in the Software industry in South Korea. Total returns to shareholders of 104% over the past three years. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 15% share price gain to ₩3,115, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 14x in the Software industry in South Korea. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 17% share price gain to ₩2,935, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 13x in the Software industry in South Korea. Total returns to shareholders of 114% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩3,000, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 15x in the Software industry in South Korea. Total returns to shareholders of 122% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₩3,180, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 15x in the Software industry in South Korea. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 19% share price gain to ₩2,510, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 89% over the past three years. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₩2,045, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 15% share price gain to ₩2,950, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 20x in the Software industry in South Korea. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩2,505, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 32% share price gain to ₩2,900, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 22x in the Software industry in South Korea. Total returns to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₩2,820, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 27x in the Software industry in South Korea. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 18% share price gain to ₩2,660, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 29x in the Software industry in South Korea. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩3,935, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 23x in the Software industry in South Korea. Total returns to shareholders of 131% over the past three years. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩5,380, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 24x in the Software industry in South Korea. Total returns to shareholders of 232% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₩6,290, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 24x in the Software industry in South Korea. Total returns to shareholders of 227% over the past three years. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 24% share price gain to ₩3,530, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 23x in the Software industry in South Korea. Total returns to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improved over the past week After last week's 38% share price gain to ₩3,400, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 24x in the Software industry in South Korea. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 36% share price gain to ₩2,310, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 22x in the Software industry in South Korea. Total returns to shareholders of 3.1% over the past three years. Is New 90 Day High Low • Jan 14
New 90-day high: ₩1,570 The company is up 14% from its price of ₩1,375 on 16 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 12% over the same period.