Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩21,750, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 150% over the past three years. Tillkännagivande • May 08
Cafe24 Corp. (KOSDAQ:A042000) announces an Equity Buyback for KRW 5,000 million worth of its shares. Cafe24 Corp. (KOSDAQ:A042000) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value. The program will expire on November 10, 2026. As of May 7, 2026, the company had 0 shares in treasury within scope available for dividend and had 0 shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₩25,700, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩40,899 per share. Tillkännagivande • Feb 27
Cafe24 Corp., Annual General Meeting, Mar 26, 2026 Cafe24 Corp., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 15, boramae-ro 5-gil, dongjak-gu, seoul South Korea Buy Or Sell Opportunity • Feb 24
Now 21% undervalued Over the last 90 days, the stock has risen 7.6% to ₩33,400. The fair value is estimated to be ₩42,222, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 31% per annum over the same time period. Buy Or Sell Opportunity • Feb 06
Now 22% undervalued Over the last 90 days, the stock has risen 8.0% to ₩34,350. The fair value is estimated to be ₩43,944, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 31% per annum over the same time period. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩39,400, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 255% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩41,967 per share. Buy Or Sell Opportunity • Dec 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to ₩33,150. The fair value is estimated to be ₩41,579, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 31% per annum over the same time period. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩36,400, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 218% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩41,771 per share. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩311 (vs ₩337 in 3Q 2024) Third quarter 2025 results: EPS: ₩311 (down from ₩337 in 3Q 2024). Revenue: ₩76.8b (up 1.7% from 3Q 2024). Net income: ₩7.51b (down 7.8% from 3Q 2024). Profit margin: 9.8% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to ₩34,500. The fair value is estimated to be ₩43,200, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 32% per annum over the same time period. Buy Or Sell Opportunity • Oct 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to ₩36,300. The fair value is estimated to be ₩46,625, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 32% per annum over the same time period. Major Estimate Revision • Sep 19
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩1,594 to ₩1,794. Revenue forecast steady at ₩319.3m. Net income forecast to grow 26% next year vs 19% growth forecast for IT industry in South Korea. Consensus price target down from ₩80,000 to ₩67,000. Share price rose 5.7% to ₩42,800 over the past week. Price Target Changed • Sep 19
Price target decreased by 16% to ₩67,000 Down from ₩80,000, the current price target is provided by 1 analyst. New target price is 57% above last closing price of ₩42,800. Stock is up 50% over the past year. The company is forecast to post earnings per share of ₩1,794 for next year compared to ₩1,182 last year. Buy Or Sell Opportunity • Aug 08
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to ₩40,700. The fair value is estimated to be ₩55,327, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Buy Or Sell Opportunity • Jul 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to ₩45,800. The fair value is estimated to be ₩57,266, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩54,500, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 22x in the IT industry in South Korea. Total returns to shareholders of 327% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩55,075 per share. Major Estimate Revision • May 14
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩342.0m to ₩322.7m. EPS estimate also fell from ₩1,839 per share to ₩1,572 per share. Net income forecast to grow 34% next year vs 13% growth forecast for IT industry in South Korea. Consensus price target up from ₩78,000 to ₩80,000. Share price fell 24% to ₩47,200 over the past week. Buy Or Sell Opportunity • May 09
Now 31% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₩50,300. The fair value is estimated to be ₩72,432, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 36% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩58,000, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 184% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩61,938 per share. Buy Or Sell Opportunity • Apr 07
Now 23% undervalued Over the last 90 days, the stock has risen 27% to ₩48,200. The fair value is estimated to be ₩62,251, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 36% per annum over the same time period. Reported Earnings • Mar 21
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₩1,181 (up from ₩440 in FY 2023). Revenue: ₩302.5b (up 12% from FY 2023). Net income: ₩28.5b (up 189% from FY 2023). Profit margin: 9.4% (up from 3.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Mar 07
Consensus EPS estimates increase by 50% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩330.2m to ₩342.0m. EPS estimate increased from ₩1,222 to ₩1,839 per share. Net income forecast to grow 172% next year vs 8.6% growth forecast for IT industry in South Korea. Consensus price target up from ₩40,000 to ₩78,000. Share price fell 11% to ₩55,500 over the past week. Tillkännagivande • Feb 27
Cafe24 Corp., Annual General Meeting, Mar 26, 2025 Cafe24 Corp., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 15, boramae-ro 5-gil, dongjak-gu, seoul South Korea New Risk • Feb 26
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 Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩46,850, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the IT industry in South Korea. Total returns to shareholders of 118% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩38,570 per share. Buy Or Sell Opportunity • Feb 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 92% to ₩46,850. The fair value is estimated to be ₩38,570, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 35% per annum over the same time period. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩39,200, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 19x in the IT industry in South Korea. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩38,268 per share. Buy Or Sell Opportunity • Aug 31
Now 20% undervalued Over the last 90 days, the stock has risen 51% to ₩34,750. The fair value is estimated to be ₩43,483, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Buy Or Sell Opportunity • Jul 29
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 141% to ₩36,350. The fair value is estimated to be ₩28,672, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Jun 11
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 Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Buy Or Sell Opportunity • Jun 05
Now 22% undervalued Over the last 90 days, the stock has risen 21% to ₩24,150. The fair value is estimated to be ₩30,926, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 23
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: ₩422 loss per share (improved from ₩1,166 loss in FY 2022). Revenue: ₩278.1b (up 4.5% from FY 2022). Net loss: ₩9.47b (loss narrowed 64% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 04
Now 20% undervalued Over the last 90 days, the stock has risen 26% to ₩21,400. The fair value is estimated to be ₩26,825, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 02
New major risk - Revenue and earnings growth Earnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 29% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (7.8% increase in shares outstanding). New Risk • Feb 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Buy Or Sell Opportunity • Feb 06
Now 21% undervalued Over the last 90 days, the stock has risen 49% to ₩20,650. The fair value is estimated to be ₩26,205, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making. Tillkännagivande • Jan 16
Cafe24 Corp. announced that it has received KRW 25.93399312 billion in funding from Google International LLC On January 16, 2024, Cafe24 Corp. closed the transaction. New Risk • Nov 09
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 9.2% 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 Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). New Risk • Jun 27
New minor 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 17% per year over the past 5 years. Price Target Changed • Apr 29
Price target decreased by 39% to ₩8,400 Down from ₩13,800, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₩8,840. Stock is down 53% over the past year. The company posted a net loss per share of ₩1,669 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Jun 04
Price target decreased to ₩14,700 Down from ₩23,867, the current price target is an average from 2 analysts. New target price is 12% below last closing price of ₩16,650. Stock is down 46% over the past year. The company is forecast to post a net loss per share of ₩181 next year compared to a net loss per share of ₩936 last year. Price Target Changed • Mar 11
Price target decreased to ₩24,367 Down from ₩29,000, the current price target is an average from 3 analysts. New target price is 21% above last closing price of ₩20,200. Stock is down 37% over the past year. The company is forecast to post a net loss per share of ₩355 compared to earnings per share of ₩354 last year. Price Target Changed • Aug 13
Price target increased to ₩30,600 Up from ₩25,000, the current price target is an average from 5 analysts. New target price is 23% below last closing price of ₩39,500. Stock is up 19% over the past year. Major Estimate Revision • Aug 13
Consensus EPS estimates fall to -₩286 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ₩297.8m to ₩289.5m. Now expected to report a loss of -₩286 instead of ₩362 per share profit previously forecast. IT industry in South Korea expected to see average net income growth of 36% next year. Consensus price target up from ₩25,000 to ₩30,600. Share price fell 12% to ₩39,500 over the past week. Price Target Changed • Aug 04
Price target decreased to ₩25,000 Down from ₩29,875, the current price target is an average from 4 analysts. New target price is 34% below last closing price of ₩37,850. Stock is up 43% over the past year. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS ₩355 (vs ₩355 in FY 2019) The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2020 results: Revenue: ₩247.3b (up 14% from FY 2019). Net income: ₩6.68b (flat on FY 2019). Profit margin: 2.7% (down from 3.1% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 17
New 90-day high: ₩41,500 The company is up 56% from its price of ₩26,550 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩29,604 per share. Is New 90 Day High Low • Jan 13
New 90-day high: ₩81,100 The company is up 40% from its price of ₩58,000 on 15 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩60,429 per share. Price Target Changed • Jan 07
Price target raised to ₩59,750 Up from ₩55,375, the current price target is an average from 8 analysts. The new target price is 6.8% below the current share price of ₩64,100. As of last close, the stock is up 22% over the past year. Is New 90 Day High Low • Dec 08
New 90-day high: ₩67,700 The company is up 4.0% from its price of ₩65,400 on 09 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩52,406 per share. Price Target Changed • Nov 06
Price target raised to ₩53,250 Up from ₩49,444, the current price target is an average from 7 analysts. The new target price is close to the current share price of ₩54,200. As of last close, the stock is down 4.7% over the past year.