company background image
A092

e-CredibleKOSDAQ:A092130 Stock Report

Last Price

₩18.35k

Market Cap

₩222.2b

7D

-2.9%

1Y

-18.3%

Updated

20 Jan, 2022

Data

Company Financials +
A092130 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends4/6

A092130 Stock Overview

e-Credible Co., Ltd. provides corporate credit certification services in Korea.

Price History & Performance

Summary of all time highs, changes and price drops for e-Credible
Historical stock prices
Current Share Price₩18,350.00
52 Week High₩23,400.00
52 Week Low₩18,150.00
Beta0.31
1 Month Change-8.25%
3 Month Change-10.71%
1 Year Change-18.26%
3 Year Change14.69%
5 Year Change57.51%
Change since IPO564.86%

Recent News & Updates

May 06
Is e-Credible Co., Ltd. (KOSDAQ:092130) A Smart Pick For Income Investors?

Is e-Credible Co., Ltd. (KOSDAQ:092130) A Smart Pick For Income Investors?

Dividend paying stocks like e-Credible Co., Ltd. ( KOSDAQ:092130 ) tend to be popular with investors, and for good...

Apr 12
Investors Shouldn't Overlook The Favourable Returns On Capital At e-Credible (KOSDAQ:092130)

Investors Shouldn't Overlook The Favourable Returns On Capital At e-Credible (KOSDAQ:092130)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...

Mar 18
e-Credible Co., Ltd. (KOSDAQ:092130) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

e-Credible Co., Ltd. (KOSDAQ:092130) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

With its stock down 10.0% over the past three months, it is easy to disregard e-Credible (KOSDAQ:092130). But if you...

Feb 28
Calculating The Fair Value Of e-Credible Co., Ltd. (KOSDAQ:092130)

Calculating The Fair Value Of e-Credible Co., Ltd. (KOSDAQ:092130)

Does the March share price for e-Credible Co., Ltd. ( KOSDAQ:092130 ) reflect what it's really worth? Today, we will...

Shareholder Returns

A092130KR ITKR Market
7D-2.9%-6.8%-4.2%
1Y-18.3%-18.6%-9.7%

Return vs Industry: A092130 matched the KR IT industry which returned -18.6% over the past year.

Return vs Market: A092130 underperformed the KR Market which returned -9.7% over the past year.

Price Volatility

Is A092130's price volatile compared to industry and market?
A092130 volatility
A092130 Average Weekly Movement1.8%
IT Industry Average Movement6.5%
Market Average Movement5.8%
10% most volatile stocks in KR Market11.1%
10% least volatile stocks in KR Market3.4%

Stable Share Price: A092130 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: A092130's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001138Chan-Sung Parkhttps://www.ecredible.co.kr

e-Credible Co., Ltd. provides corporate credit certification services in Korea. The company offers DNA, a corporate credit authentication service that manages transaction risk by utilizing corporate credit ratings for business-to-business transactions. It also provides Wisduspool, a corporate information services; and R-MIS that monitors the credit risks.

e-Credible Fundamentals Summary

How do e-Credible's earnings and revenue compare to its market cap?
A092130 fundamental statistics
Market Cap₩222.20b
Earnings (TTM)₩13.64b
Revenue (TTM)₩44.86b

16.2x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A092130 income statement (TTM)
Revenue₩44.86b
Cost of Revenue₩67.22m
Gross Profit₩44.80b
Expenses₩31.16b
Earnings₩13.64b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.13k
Gross Margin99.85%
Net Profit Margin30.40%
Debt/Equity Ratio0%

How did A092130 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

62%

Payout Ratio

Valuation

Is e-Credible undervalued compared to its fair value and its price relative to the market?

23.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A092130 (₩18350) is trading below our estimate of fair value (₩24115.25)

Significantly Below Fair Value: A092130 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A092130 is good value based on its PE Ratio (16.2x) compared to the KR IT industry average (18x).

PE vs Market: A092130 is poor value based on its PE Ratio (16.2x) compared to the KR market (15.7x).


Price to Earnings Growth Ratio

PEG Ratio: A092130 is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: A092130 is overvalued based on its PB Ratio (3.5x) compared to the KR IT industry average (1.8x).


Future Growth

How is e-Credible forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A092130's forecast earnings growth (6.8% per year) is above the savings rate (3.6%).

Earnings vs Market: A092130's earnings (6.8% per year) are forecast to grow slower than the KR market (12.8% per year).

High Growth Earnings: A092130's earnings are forecast to grow, but not significantly.

Revenue vs Market: A092130's revenue (4.3% per year) is forecast to grow slower than the KR market (10.5% per year).

High Growth Revenue: A092130's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A092130's Return on Equity is forecast to be high in 3 years time (22.2%)


Past Performance

How has e-Credible performed over the past 5 years?

6.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A092130 has high quality earnings.

Growing Profit Margin: A092130's current net profit margins (30.4%) are lower than last year (32.8%).


Past Earnings Growth Analysis

Earnings Trend: A092130's earnings have grown by 6.6% per year over the past 5 years.

Accelerating Growth: A092130's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A092130 had negative earnings growth (-4.8%) over the past year, making it difficult to compare to the IT industry average (15.9%).


Return on Equity

High ROE: A092130's Return on Equity (21.4%) is considered high.


Financial Health

How is e-Credible's financial position?


Financial Position Analysis

Short Term Liabilities: A092130's short term assets (₩66.6B) exceed its short term liabilities (₩10.8B).

Long Term Liabilities: A092130's short term assets (₩66.6B) exceed its long term liabilities (₩189.7M).


Debt to Equity History and Analysis

Debt Level: A092130 is debt free.

Reducing Debt: A092130 has not had any debt for past 5 years.

Debt Coverage: A092130 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: A092130 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is e-Credible current dividend yield, its reliability and sustainability?

3.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A092130's dividend (3.81%) is higher than the bottom 25% of dividend payers in the KR market (0.78%).

High Dividend: A092130's dividend (3.81%) is in the top 25% of dividend payers in the KR market (2.47%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A092130 has been paying a dividend for less than 10 years.

Growing Dividend: A092130's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (61.8%), A092130's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A092130's dividends in 3 years are forecast to be covered by earnings (64.4% payout ratio).


Next Steps

Management

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


CEO

Chan-Sung Park (73 yo)

no data

Tenure

Park Chan-Sung served as the Chief Executive Officer of E-Credible Co.,Ltd. Park Chan-Sung served as the Senior Managing Director of Korea Ratings. Park Chan-Sung was Manager of Planning Department of Kore...


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

e-Credible Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: e-Credible Co., Ltd.
  • Ticker: A092130
  • Exchange: KOSDAQ
  • Founded: 2001
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Implied Market Cap: ₩222.204b
  • Shares outstanding: 12.04m
  • Website: https://www.ecredible.co.kr

Number of Employees


Location

  • e-Credible Co., Ltd.
  • Samsung IT Valley
  • 8th Floor
  • Seoul
  • 8380
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 08:34
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.