Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩15,950, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 363% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩20,300, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 414% over the past three years. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩21,050, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 554% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩12,020, the stock trades at a trailing P/E ratio of 43.2x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 311% over the past three years. Announcement • Feb 25
FIBERPRO, Inc., Annual General Meeting, Mar 26, 2026 FIBERPRO, Inc., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: vision hall, 26-55, gajeongbuk-ro, yuseong-gu, daejeon South Korea Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩16,800, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 528% over the past three years. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₩14,480, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 536% over the past three years. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩10,350, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 361% over the past three years. New Risk • Dec 22
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 8.6% 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 (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Upcoming Dividend • Dec 22
Upcoming dividend of ₩66.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (0.9%). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩7,870, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 241% over the past three years. Reported Earnings • Nov 16
Third quarter 2025 earnings released: EPS: ₩108 (vs ₩19.00 in 3Q 2024) Third quarter 2025 results: EPS: ₩108 (up from ₩19.00 in 3Q 2024). Revenue: ₩13.8b (up 108% from 3Q 2024). Net income: ₩3.54b (up 489% from 3Q 2024). Profit margin: 26% (up from 9.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩6,550, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 165% over the past three years. Declared Dividend • Nov 08
Dividend of ₩66.00 announced Dividend of ₩66.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 1.2%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (70% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 61% to shift the payout ratio to a potentially unsustainable range, which is more than the 40% EPS decline seen over the last 5 years. Announcement • Nov 07
FIBERPRO, Inc. announces Annual dividend, payable on April 27, 2026 FIBERPRO, Inc. announced Annual dividend of KRW 66.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Buy Or Sell Opportunity • Jun 13
Now 22% overvalued Over the last 90 days, the stock has fallen 11% to ₩7,020. The fair value is estimated to be ₩5,739, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • May 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to ₩7,080. The fair value is estimated to be ₩5,847, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩6,620, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 129% over the past three years. Reported Earnings • Mar 21
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₩219 (up from ₩88.00 in FY 2023). Revenue: ₩32.9b (up 70% from FY 2023). Net income: ₩7.15b (up 151% from FY 2023). Profit margin: 22% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 187%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩7,550, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 124% over the past year. Announcement • Feb 25
FIBERPRO, Inc., Annual General Meeting, Mar 26, 2025 FIBERPRO, Inc., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: vision hall, 26-55, gajeongbuk-ro, yuseong-gu, daejeon South Korea Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩6,820, the stock trades at a forward P/E ratio of 65x. Average forward P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 86% over the past year. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩6,060, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 71% over the past year. Upcoming Dividend • Dec 20
Upcoming dividend of ₩20.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩3,500, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 8x in the Electronic industry in South Korea. Total returns to shareholders of 9.5% over the past year. New Risk • Nov 21
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 12% 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (₩137.9b market cap, or US$98.7m). Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: ₩19.00 (vs ₩40.00 in 3Q 2023) Third quarter 2024 results: EPS: ₩19.00 (down from ₩40.00 in 3Q 2023). Revenue: ₩6.61b (down 16% from 3Q 2023). Net income: ₩601.2m (down 54% from 3Q 2023). Profit margin: 9.1% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in South Korea. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩5,350, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 69% over the past year. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩5,180, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 62% over the past year. New Risk • Sep 17
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 (₩121.1b market cap, or US$92.0m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩2,920, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩4,820, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 37% over the past year. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: ₩38.00 (vs ₩13.00 in 1Q 2023) First quarter 2024 results: EPS: ₩38.00 (up from ₩13.00 in 1Q 2023). Revenue: ₩5.87b (up 72% from 1Q 2023). Net income: ₩1.22b (up 189% from 1Q 2023). Profit margin: 21% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩3,945, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 5.2% over the past year. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: ₩88.00 (vs ₩56.00 loss in FY 2022) Full year 2023 results: EPS: ₩88.00 (up from ₩56.00 loss in FY 2022). Revenue: ₩19.4b (up 3.0% from FY 2022). Net income: ₩2.85b (up ₩4.58b from FY 2022). Profit margin: 15% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩40.00 (vs ₩36.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩40.00 (up from ₩36.00 in 3Q 2022). Revenue: ₩7.87b (up 67% from 3Q 2022). Net income: ₩1.30b (up 20% from 3Q 2022). Profit margin: 17% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩2,985, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩3,795, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total loss to shareholders of 1.7% over the past year. New Risk • Jun 30
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). High level of non-cash earnings (34% accrual ratio). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₩5,100, the stock trades at a trailing P/E ratio of 74.2x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 32% over the past year.