Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩81,900, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Entertainment industry in South Korea. Total loss to shareholders of 28% over the past three years. Price Target Changed • Jun 09
Price target decreased by 7.7% to ₩125,955 Down from ₩136,522, the current price target is an average from 22 analysts. New target price is 72% above last closing price of ₩73,300. Stock is down 48% over the past year. The company is forecast to post earnings per share of ₩6,246 for next year compared to ₩15,166 last year. New Risk • May 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 25% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Duyuru • Apr 25
SM Entertainment Co., Ltd. to Report Q1, 2026 Results on May 06, 2026 SM Entertainment Co., Ltd. announced that they will report Q1, 2026 results on May 06, 2026 New Risk • Apr 20
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 35% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Board Change • Apr 10
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Sunny Yi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩95,900, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Entertainment industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩131,938 per share. Buy Or Sell Opportunity • Mar 04
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.6% to ₩95,900. The fair value is estimated to be ₩131,938, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to decline by 50% in the next 2 years. Duyuru • Jan 30
SM Entertainment Co., Ltd. to Report Q4, 2025 Results on Feb 11, 2026 SM Entertainment Co., Ltd. announced that they will report Q4, 2025 results on Feb 11, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. Payout ratio is a comfortable 3.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (0.6%). Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩118,400, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩121,620 per share. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩102,700, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Entertainment industry in South Korea. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩102,569 per share. Declared Dividend • Nov 08
Dividend of ₩400 announced Dividend of ₩400 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 13%. Duyuru • Nov 07
SM Entertainment Co., Ltd. announces Annual dividend, payable on April 24, 2026 SM Entertainment Co., Ltd. announced Annual dividend of KRW 400.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Sep 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 26% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 26% per year for the foreseeable future. High level of non-cash earnings (34% accrual ratio). New Risk • Jun 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 23% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 23% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio). New Risk • May 23
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 23% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 23% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio). Buy Or Sell Opportunity • May 09
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 44% to ₩126,300. The fair value is estimated to be ₩102,145, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 44%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. Major Estimate Revision • May 09
Consensus EPS estimates increase by 112% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩1.14b to ₩1.16b. EPS estimate increased from ₩4,532 to ₩9,599 per share. Net income forecast to grow 1,130% next year vs 61% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩121,250 to ₩138,250. Share price was steady at ₩126,300 over the past week. Price Target Changed • May 09
Price target increased by 14% to ₩138,250 Up from ₩121,250, the current price target is an average from 20 analysts. New target price is 9.5% above last closing price of ₩126,300. Stock is up 52% over the past year. The company is forecast to post earnings per share of ₩9,599 for next year compared to ₩795 last year. Duyuru • Mar 25
SM Entertainment Co., Ltd. (KOSDAQ:A041510) completed the acquisition of 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900). SM Entertainment Co., Ltd. (KOSDAQ:A041510) agreed to acquire 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900) for KRW 95.6 billion on February 21, 2025. A cash consideration of KRW 95.57 billion will be paid by SM Entertainment Co., Ltd. As part of consideration, KRW 95.57 billion is paid towards common equity of DEAR U Co., LTD.
SM Entertainment Co., Ltd. (KOSDAQ:A041510) completed the acquisition of 8.05% stake in DEAR U Co., LTD. (KOSDAQ:A376300) from JYP Entertainment Corporation (KOSDAQ:A035900) on March 24, 2025. Reported Earnings • Mar 22
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: ₩795 (down from ₩3,719 in FY 2023). Revenue: ₩989.7b (up 3.0% from FY 2023). Net income: ₩18.3b (down 79% from FY 2023). Profit margin: 1.9% (down from 9.1% in FY 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 62%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Duyuru • Feb 28
SM Entertainment Co., Ltd., Annual General Meeting, Mar 25, 2025 SM Entertainment Co., Ltd., Annual General Meeting, Mar 25, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 83-21, wangsimni-ro, seongdong-gu, seoul South Korea Price Target Changed • Feb 11
Price target increased by 8.0% to ₩105,200 Up from ₩97,400, the current price target is an average from 20 analysts. New target price is 11% above last closing price of ₩95,000. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₩2,030 for next year compared to ₩3,719 last year. Buy Or Sell Opportunity • Jan 02
Now 24% undervalued Over the last 90 days, the stock has risen 5.9% to ₩71,500. The fair value is estimated to be ₩93,515, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Dec 20
Upcoming dividend of ₩1,200 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit and its cash payout ratio is 86%. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩80,700, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Entertainment industry in South Korea. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩84,539 per share. Major Estimate Revision • Nov 06
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩3,315 to ₩2,963 per share. Revenue forecast steady at ₩1.00b. Net income forecast to grow 61% next year vs 54% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩97,750. Share price rose 11% to ₩77,600 over the past week. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩67,800, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total loss to shareholders of 1.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩79,699 per share. Buy Or Sell Opportunity • Sep 04
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to ₩57,300. The fair value is estimated to be ₩76,704, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 119% in the next 2 years. Major Estimate Revision • Aug 10
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩4,490 to ₩4,009 per share. Revenue forecast steady at ₩1.04b. Net income forecast to grow 32% next year vs 29% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩106,250. Share price fell 3.3% to ₩68,200 over the past week. New Risk • May 29
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 7.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩95,800, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩170,812 per share. Major Estimate Revision • May 10
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩5,297 to ₩4,732 per share. Revenue forecast steady at ₩1.06b. Net income forecast to grow 30% next year vs 28% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩115,750. Share price fell 3.0% to ₩83,200 over the past week. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩86,400, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Entertainment industry in South Korea. Total returns to shareholders of 194% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩132,129 per share. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩87,100, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Entertainment industry in South Korea. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩124,043 per share. Reported Earnings • Mar 23
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: ₩3,719 (up from ₩3,390 in FY 2022). Revenue: ₩961.1b (up 13% from FY 2022). Net income: ₩87.3b (up 9.1% from FY 2022). Profit margin: 9.1% (down from 9.4% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 10
Price target decreased by 12% to ₩124,111 Down from ₩141,333, the current price target is an average from 18 analysts. New target price is 70% above last closing price of ₩73,000. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₩6,321 for next year compared to ₩3,390 last year. Buy Or Sell Opportunity • Jan 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to ₩80,900. The fair value is estimated to be ₩101,939, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% 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 8.3% per annum over the same time period. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩80,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Entertainment industry in South Korea. Total returns to shareholders of 172% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩102,496 per share. Buying Opportunity • Jan 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be ₩102,496, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% 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 is also forecast to grow by 8.3% per annum over the same time period. Price Target Changed • Jan 15
Price target decreased by 7.5% to ₩143,667 Down from ₩155,375, the current price target is an average from 18 analysts. New target price is 68% above last closing price of ₩85,500. Stock is up 15% over the past year. The company is forecast to post earnings per share of ₩6,534 for next year compared to ₩3,390 last year. Upcoming Dividend • Dec 20
Upcoming dividend of ₩1,200 per share at 1.3% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.7%). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩3,554 (vs ₩1,085 in 3Q 2022) Third quarter 2023 results: EPS: ₩3,554 (up from ₩1,085 in 3Q 2022). Revenue: ₩266.3b (up 12% from 3Q 2022). Net income: ₩83.3b (up 225% from 3Q 2022). Profit margin: 31% (up from 11% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Nov 13
Consensus EPS estimates increase by 25%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩1.06b to ₩971.4m. EPS estimate rose from ₩4,977 to ₩6,200. Net income forecast to grow 86% next year vs 53% growth forecast for Entertainment industry in South Korea. Consensus price target broadly unchanged at ₩160,786. Share price fell 14% to ₩95,800 over the past week. Price Target Changed • Aug 05
Price target increased by 8.9% to ₩148,000 Up from ₩135,875, the current price target is an average from 17 analysts. New target price is 7.5% above last closing price of ₩137,700. Stock is up 89% over the past year. The company is forecast to post earnings per share of ₩5,045 for next year compared to ₩3,390 last year. Major Estimate Revision • Aug 04
Consensus EPS estimates increase by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩1.02b to ₩1.09b. EPS estimate increased from ₩4,585 to ₩5,044 per share. Net income forecast to grow 70% next year vs 41% growth forecast for Entertainment industry in South Korea. Consensus price target up from ₩135,875 to ₩144,765. Share price rose 7.6% to ₩137,700 over the past week. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩117,600, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Entertainment industry in South Korea. Total returns to shareholders of 406% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩77,504 per share. Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩905 (vs ₩1,175 in 1Q 2022) First quarter 2023 results: EPS: ₩905 (down from ₩1,175 in 1Q 2022). Revenue: ₩203.9b (up 20% from 1Q 2022). Net income: ₩21.3b (down 23% from 1Q 2022). Profit margin: 11% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 29
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₩3,390 (down from ₩5,750 in FY 2021). Revenue: ₩850.8b (up 21% from FY 2021). Net income: ₩80.0b (down 40% from FY 2021). Profit margin: 9.4% (down from 19% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 1.5%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment 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 69% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 16
Price target increased by 7.7% to ₩117,765 Up from ₩109,313, the current price target is an average from 17 analysts. New target price is 5.5% above last closing price of ₩111,600. Stock is up 49% over the past year. The company is forecast to post earnings per share of ₩3,586 for next year compared to ₩5,750 last year. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩149,700, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 25x in the Entertainment industry in South Korea. Total returns to shareholders of 474% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩75,743 per share. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩114,700, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Entertainment industry in South Korea. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩68,239 per share. Upcoming Dividend • Dec 21
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 19 April 2023. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.2%). Duyuru • Dec 08
An unknown buyer agreed to acquire unknown stake in S.M. Entertainment Japan, Co., Ltd. from SM Entertainment Co., Ltd. (KOSDAQ:A041510). An unknown buyer agreed to acquire unknown stake in S.M. Entertainment Japan, Co., Ltd. from SM Entertainment Co., Ltd. (KOSDAQ:A041510) for ¥192 million on December 6, 2022. SM Entertainment Co., Ltd. will sell 1.6 million of shares it holds in S.M entertainment at ¥120 per share. 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. 4 experienced directors. No highly experienced directors. 1 independent director (3 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. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 17% share price gain to ₩77,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Entertainment industry in South Korea. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩114,439 per share. Major Estimate Revision • Aug 18
Consensus EPS estimates increase by 15% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩834.8m to ₩845.2m. EPS estimate increased from ₩3,032 to ₩3,479 per share. Net income forecast to shrink 45% next year vs 4.5% growth forecast for Entertainment industry in South Korea . Consensus price target of ₩98,182 unchanged from last update. Share price fell 6.3% to ₩70,300 over the past week. Buying Opportunity • Jun 22
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be ₩86,178, 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. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to decline by 47% in the next 2 years. Buying Opportunity • Jun 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be ₩84,787, 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. Revenue is forecast to grow by 41% in 2 years. Earnings is forecast to decline by 47% in the next 2 years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 16% share price gain to ₩71,400, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Entertainment industry in South Korea. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩84,796 per share. Major Estimate Revision • May 18
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩841.0m to ₩851.0m. EPS estimate increased from ₩2,548 to ₩3,017 per share. Net income forecast to shrink 44% next year vs 38% growth forecast for Entertainment industry in South Korea . Consensus price target broadly unchanged at ₩97,545. Share price rose 16% to ₩71,400 over the past week. Duyuru • May 12
SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces an Equity Buyback for KRW 10,000 million worth of its shares. SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Shinhan Investment Corp. The purpose of the program is to boost stock prices and improve shareholder profits. The program will expire on May 9, 2023. As of May 8, 2022, the company had 160,185 shares in treasury within the scope available for dividend and had 0 share in treasury through other repurchases. Price Target Changed • Apr 27
Price target increased to ₩97,273 Up from ₩68,615, the current price target is an average from 12 analysts. New target price is 42% above last closing price of ₩68,600. Stock is up 126% over the past year. The company is forecast to post earnings per share of ₩2,548 for next year compared to ₩5,750 last year. Board Change • Apr 27
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. 4 experienced directors. No highly experienced directors. 1 independent director (3 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 • Oct 13
Price target increased to ₩74,583 Up from ₩68,615, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of ₩74,800. Stock is up 119% over the past year. Price Target Changed • Aug 18
Price target increased to ₩63,500 Up from ₩53,929, the current price target is an average from 15 analysts. New target price is 6.6% below last closing price of ₩68,000. Stock is up 81% over the past year. Price Target Changed • Jul 15
Price target increased to ₩51,786 Up from ₩47,000, the current price target is an average from 14 analysts. New target price is 21% below last closing price of ₩65,400. Stock is up 104% over the past year. Price Target Changed • Jun 30
Price target increased to ₩48,231 Up from ₩44,077, the current price target is an average from 14 analysts. New target price is 18% below last closing price of ₩58,800. Stock is up 121% over the past year. Price Target Changed • Jun 02
Price target increased to ₩42,615 Up from ₩38,636, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₩44,400. Stock is up 65% over the past year. Duyuru • May 12
SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces an Equity Buyback for KRW 10,000 million worth of its shares. SM Entertainment Co., Ltd. (KOSDAQ:A041510) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Securities Co., Ltd. The purpose of the program is to boost stock prices and improve shareholder profits. The program will expire on May 10, 2022. As of May 10, 2021, the company had 344,685 shares in treasury within the scope available for dividend and had 0 share in treasury through other repurchases. Reported Earnings • Mar 26
Full year 2020 earnings released: ₩3,002 loss per share (vs ₩391 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₩579.9b (down 12% from FY 2019). Net loss: ₩70.2b (loss widened ₩61.1b from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.