Price Target Changed • Aug 21
Price target increased by 7.1% to ₩177,105 Up from ₩165,368, the current price target is an average from 19 analysts. New target price is 25% above last closing price of ₩141,200. Stock is up 19% over the past year. The company is forecast to post earnings per share of ₩13,368 for next year compared to ₩11,303 last year. Reported Earnings • Aug 11
Second quarter 2026 earnings released: EPS: ₩3,288 (vs ₩3,057 in 2Q 2025) Second quarter 2026 results: EPS: ₩3,288 (up from ₩3,057 in 2Q 2025). Revenue: ₩2.43t (up 6.0% from 2Q 2025). Net income: ₩56.8b (up 7.6% from 2Q 2025). Profit margin: 2.3% (in line with 2Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩152,100, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Consumer Retailing industry in South Korea. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩108,000, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Consumer Retailing industry in South Korea. Total loss to shareholders of 35% over the past three years. Reported Earnings • May 13
First quarter 2026 earnings released: EPS: ₩1,696 (vs ₩773 in 1Q 2025) First quarter 2026 results: EPS: ₩1,696 (up from ₩773 in 1Q 2025). Revenue: ₩2.12t (up 5.2% from 1Q 2025). Net income: ₩29.3b (up 119% from 1Q 2025). Profit margin: 1.4% (up from 0.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩138,100, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Consumer Retailing industry in South Korea. Total loss to shareholders of 15% over the past three years. Reported Earnings • Mar 18
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: ₩11,303 (up from ₩11,301 in FY 2024). Revenue: ₩9.06t (up 4.2% from FY 2024). Net income: ₩195.3b (flat on FY 2024). Profit margin: 2.2% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.8%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩111,900, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Consumer Retailing industry in South Korea. Total loss to shareholders of 33% over the past three years. Duyuru • Feb 27
BGF Retail Co., Ltd., Annual General Meeting, Mar 26, 2026 BGF Retail Co., Ltd., Annual General Meeting, Mar 26, 2026, at 08:30 Tokyo Standard Time. Location: auditorium, 405, teheran-ro, gangnam-gu, seoul South Korea Reported Earnings • Feb 13
Full year 2025 earnings released: EPS: ₩11,305 (vs ₩11,301 in FY 2024) Full year 2025 results: EPS: ₩11,305 (up from ₩11,301 in FY 2024). Revenue: ₩9.06t (up 4.2% from FY 2024). Net income: ₩195.3b (flat on FY 2024). Profit margin: 2.2% (in line with FY 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Declared Dividend • Feb 12
Dividend of ₩4,100 announced Dividend of ₩4,100 is the same as last year. Ex-date: 26th February 2026 Payment date: 10th April 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Feb 11
BGF Retail Co., Ltd. announces Annual dividend, payable on April 10, 2026 BGF Retail Co., Ltd. announced Annual dividend of KRW 4100.0000 per share payable on April 10, 2026, ex-date on February 26, 2026 and record date on February 28, 2026. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩141,800, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Consumer Retailing industry in South Korea. Total loss to shareholders of 17% over the past three years. Reported Earnings • Nov 20
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: ₩4,591 (up from ₩4,044 in 3Q 2024). Revenue: ₩2.46t (up 5.9% from 3Q 2024). Net income: ₩79.3b (up 14% from 3Q 2024). Profit margin: 3.2% (up from 3.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 20
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: ₩3,057 (down from ₩3,386 in 2Q 2024). Revenue: ₩2.29t (up 4.0% from 2Q 2024). Net income: ₩52.8b (down 9.7% from 2Q 2024). Profit margin: 2.3% (down from 2.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.0%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩124,100, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Consumer Retailing industry in South Korea. Total loss to shareholders of 23% over the past three years. Duyuru • May 01
BGF retail CO., LTD. to Report Q1, 2025 Results on May 08, 2025 BGF retail CO., LTD. announced that they will report Q1, 2025 results on May 08, 2025 Reported Earnings • Mar 20
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₩11,301 (down from ₩11,337 in FY 2023). Revenue: ₩8.70t (up 6.2% from FY 2023). Net income: ₩195.2b (flat on FY 2023). Profit margin: 2.2% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Duyuru • Mar 07
BGF retail CO., LTD., Annual General Meeting, Mar 26, 2025 BGF retail CO., LTD., Annual General Meeting, Mar 26, 2025, at 08:30 Tokyo Standard Time. Location: auditorium, 405, teheran-ro, gangnam-gu, seoul South Korea Reported Earnings • Feb 12
Full year 2024 earnings released: EPS: ₩11,300 (vs ₩11,337 in FY 2023) Full year 2024 results: EPS: ₩11,300 (down from ₩11,337 in FY 2023). Revenue: ₩8.70t (up 6.2% from FY 2023). Net income: ₩195.2b (flat on FY 2023). Profit margin: 2.2% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₩2.33t (up 5.4% from 3Q 2023). Net income: ₩69.9b (flat on 3Q 2023). Profit margin: 3.0% (down from 3.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • Jun 15
BGF retail CO., LTD. (KOSE:A282330) agreed to acquire BGFnetworks Corporation from BGF Co., Ltd. (KOSE:A027410) for KRW 72.3 billion. BGF retail CO., LTD. (KOSE:A282330) agreed to acquire BGFnetworks Corporation from BGF Co., Ltd. (KOSE:A027410) for KRW 72.3 billion on June 13, 2024. For the period ending December 31, 2023, BGFnetworks Corporation reported total revenue of KRW 87.06 billion and net income of KRW 8.41 billion. As of December 31, 2023, BGFnetworks Corporation reported total debt of KRW 47.44 billion, total assets of KRW 88.02 billion and total common equity of KRW 40.58 billion. The expected completion of the transaction is July 1, 2024. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩129,600, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Consumer Retailing industry in South Korea. Total loss to shareholders of 11% over the past three years. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: ₩11,337 (vs ₩11,203 in FY 2022) Full year 2023 results: EPS: ₩11,337 (up from ₩11,203 in FY 2022). Revenue: ₩8.19t (up 7.6% from FY 2022). Net income: ₩195.8b (up 1.2% from FY 2022). Profit margin: 2.4% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Mar 11
Now 21% overvalued Over the last 90 days, the stock has fallen 4.8% to ₩129,500. The fair value is estimated to be ₩107,391, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Duyuru • Feb 01
BGF retail CO., LTD. to Report Fiscal Year 2023 Results on Feb 07, 2024 BGF retail CO., LTD. announced that they will report fiscal year 2023 results on Feb 07, 2024 Upcoming Dividend • Dec 20
Upcoming dividend of ₩4,100 per share at 3.1% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.8%). Price Target Changed • Dec 01
Price target decreased by 7.2% to ₩204,476 Down from ₩220,368, the current price target is an average from 21 analysts. New target price is 49% above last closing price of ₩136,900. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₩11,636 for next year compared to ₩11,203 last year. Reported Earnings • Mar 19
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: ₩11,203 (up from ₩8,547 in FY 2021). Revenue: ₩7.62t (up 12% from FY 2021). Net income: ₩193.5b (up 31% from FY 2021). Profit margin: 2.5% (up from 2.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Retailing industry in South Korea. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Dec 21
Upcoming dividend of ₩3,000 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.6%). Reported Earnings • Mar 16
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: ₩8,547 (up from ₩7,103 in FY 2020). Revenue: ₩6.78t (up 9.7% from FY 2020). Net income: ₩147.6b (up 20% from FY 2020). Profit margin: 2.2% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 6.7%, compared to a 13% growth forecast for the retail industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Dec 22
Upcoming dividend of ₩2,400 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₩179,500, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Consumer Retailing industry in Asia. Total loss to shareholders of 1.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩289,379 per share. Reported Earnings • Mar 17
Full year 2020 earnings released: EPS ₩7,103 (vs ₩8,763 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩6.18t (up 4.0% from FY 2019). Net income: ₩122.7b (down 19% from FY 2019). Profit margin: 2.0% (down from 2.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Mar 05
BGF retail CO., LTD., Annual General Meeting, Mar 25, 2021 BGF retail CO., LTD., Annual General Meeting, Mar 25, 2021, at 08:30 Korea Standard Time. Is New 90 Day High Low • Feb 11
New 90-day high: ₩170,500 The company is up 25% from its price of ₩136,500 on 13 November 2020. The South Korean market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩170,620 per share. Duyuru • Feb 02
BGF retail CO., LTD. to Report Fiscal Year 2020 Results on Feb 09, 2021 BGF retail CO., LTD. announced that they will report fiscal year 2020 results on Feb 09, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: ₩147,500 The company is up 23% from its price of ₩120,000 on 15 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩165,943 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩2,700 Per Share Will be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 2.0% is below the top quartile of South Korean dividend payers (2.6%), but is in line with industry peers (1.9%). Is New 90 Day High Low • Nov 11
New 90-day high: ₩141,000 The company is up 6.0% from its price of ₩132,500 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Retailing industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩154,363 per share. Is New 90 Day High Low • Oct 21
New 90-day high: ₩136,000 The company is up 7.0% from its price of ₩127,000 on 23 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Retailing industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩152,924 per share. Duyuru • Aug 31
BGF retail CO., LTD. to Report First Half, 2020 Results on Aug 06, 2020 BGF retail CO., LTD. announced that they will report first half, 2020 results on Aug 06, 2020