Major Estimate Revision • Jul 01
Consensus EPS estimates fall by 149% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩2.47b to ₩2.40b. Losses expected to increase from ₩167 per share to ₩416. Entertainment industry in South Korea expected to see average net income growth of 23% next year. Consensus price target down from ₩6,267 to ₩5,767. Share price fell 3.1% to ₩4,340 over the past week. New Risk • May 24
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: ₩164b Forecast net loss in 2 years: ₩23b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Major Estimate Revision • May 11
Consensus estimates of losses per share improve by 60% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩2.41b to ₩2.47b. EPS estimate increased from -₩421 per share to -₩167 per share. Entertainment industry in South Korea expected to see average net income growth of 39% next year. Consensus price target of ₩6,267 unchanged from last update. Share price fell 2.2% to ₩4,855 over the past week. Duyuru • May 01
CJ CGV Co., Ltd. to Report Q1, 2026 Results on May 08, 2026 CJ CGV Co., Ltd. announced that they will report Q1, 2026 results on May 08, 2026 New Risk • Apr 13
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: ₩161b Forecast net loss in 3 years: ₩26b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 112% 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. This is currently the only risk that has been identified for the company. Duyuru • Mar 11
CJ CGV Co., Ltd., Annual General Meeting, Mar 26, 2026 CJ CGV Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 55, hangang-daero 23-gil, yongsan-gu, seoul South Korea New Risk • Feb 05
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: ₩247b Forecast net loss in 3 years: ₩3.1b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Major Estimate Revision • Feb 05
Consensus EPS estimates fall by 97% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -₩199 to -₩392 per share. Revenue forecast unchanged at ₩2.45b. Entertainment industry in South Korea expected to see average net income growth of 35% next year. Consensus price target of ₩6,500 unchanged from last update. Share price fell 2.8% to ₩5,910 over the past week. Duyuru • Jan 30
CJ CGV Co., Ltd. to Report Fiscal Year 2025 Results on Feb 03, 2026 CJ CGV Co., Ltd. announced that they will report fiscal year 2025 results on Feb 03, 2026 Price Target Changed • Jan 26
Price target increased by 13% to ₩6,500 Up from ₩5,733, the current price target is an average from 3 analysts. New target price is 5.3% above last closing price of ₩6,170. Stock is up 21% over the past year. The company is forecast to post a net loss per share of ₩714 next year compared to a net loss per share of ₩1,215 last year. Major Estimate Revision • Nov 22
Consensus EPS estimates fall by 17%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₩2.17b to ₩2.20b. Forecast EPS reduced from -₩559 to -₩653 per share. Entertainment industry in South Korea expected to see average net income growth of 35% next year. Consensus price target up from ₩5,733 to ₩6,000. Share price rose 7.5% to ₩5,620 over the past week. Duyuru • Aug 02
CJ CGV Co., Ltd. to Report First Half, 2025 Results on Aug 07, 2025 CJ CGV Co., Ltd. announced that they will report first half, 2025 results on Aug 07, 2025 Price Target Changed • Jun 09
Price target decreased by 12% to ₩6,267 Down from ₩7,120, the current price target is an average from 4 analysts. New target price is 16% above last closing price of ₩5,380. Stock is down 5.9% over the past year. The company is forecast to post a net loss per share of ₩84.00 next year compared to a net loss per share of ₩1,215 last year. Reported Earnings • May 21
First quarter 2025 earnings released: ₩247 loss per share (vs ₩334 loss in 1Q 2024) First quarter 2025 results: ₩247 loss per share (improved from ₩334 loss in 1Q 2024). Revenue: ₩533.6b (up 36% from 1Q 2024). Net loss: ₩37.2b (loss narrowed 1.8% from 1Q 2024). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 15
Price target decreased by 9.0% to ₩7,120 Down from ₩7,820, the current price target is an average from 5 analysts. New target price is 60% above last closing price of ₩4,455. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₩22.00 next year compared to a net loss per share of ₩1,215 last year. Reported Earnings • Mar 22
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: ₩1,210 loss per share. Revenue: ₩1.96t (up 27% from FY 2023). Net loss: ₩162.5b (loss widened 84% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. 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. Duyuru • Mar 11
CJ CGV Co., Ltd., Annual General Meeting, Mar 25, 2025 CJ CGV Co., Ltd., Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 55, hangang-daero 23-gil, yongsan-gu, seoul South Korea New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major 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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: ₩2.93 (vs ₩481 in 3Q 2023) Third quarter 2024 results: EPS: ₩2.93 (down from ₩481 in 3Q 2023). Revenue: ₩547.0b (up 35% from 3Q 2023). Net income: ₩4.11b (down 81% from 3Q 2023). Profit margin: 0.8% (down from 5.2% in 3Q 2023). Revenue is forecast to grow 16% 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 101% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 13
Consensus EPS estimates upgraded to ₩163 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩1.99b to ₩1.94b. 2024 losses expected to reduce from -₩278 to -₩163 per share. Entertainment industry in South Korea expected to see average net income growth of 31% next year. Consensus price target of ₩8,217 unchanged from last update. Share price fell 6.5% to ₩5,160 over the past week. Major Estimate Revision • Nov 05
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩2.02b to ₩1.99b. Losses expected to increase from ₩232 per share to ₩278. Entertainment industry in South Korea expected to see average net income growth of 54% next year. Consensus price target of ₩8,217 unchanged from last update. Share price was steady at ₩5,610 over the past week. Buy Or Sell Opportunity • Sep 02
Now 20% undervalued Over the last 90 days, the stock has risen 22% to ₩6,950. The fair value is estimated to be ₩8,709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 105%. Revenue is forecast to grow by 34% in a year. Earnings are forecast to grow by 84% in the next year. Major Estimate Revision • Aug 10
Consensus revenue estimates increase by 18% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩1.79b to ₩2.10b. Forecast losses expected to reduce from -₩517 to -₩451 per share. Entertainment industry in South Korea expected to see average net income growth of 29% next year. Consensus price target of ₩8,050 unchanged from last update. Share price was steady at ₩5,650 over the past week. New Risk • Jul 24
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: ₩110b Forecast net loss in 2 years: ₩15b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (247% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (₩15b net loss in 2 years). Price Target Changed • Jul 21
Price target decreased by 9.0% to ₩8,260 Down from ₩9,075, the current price target is an average from 5 analysts. New target price is 44% above last closing price of ₩5,720. Stock is down 48% over the past year. The company is forecast to post a net loss per share of ₩517 next year compared to a net loss per share of ₩1,513 last year. Duyuru • Jul 18
CJ CGV Co., Ltd. (KOSE:A079160) signed a letter of intent to acquire an additional 8.69% stake in CGI Holdings Limited for approximately KRW 130 billion. CJ CGV Co., Ltd. (KOSE:A079160) signed a letter of intent to acquire an additional 8.69% stake in CGI Holdings Limited for approximately KRW 130 billion on July 17, 2024. A cash consideration of KRW 126.29 billion will be paid by CJ CGV for 198,830 shares. For the period ending December 31, 2023, CGI Holdings Limited reported total revenue of KRW 378.19 million and net loss of KRW 19.27 billion. As of December 31, 2023, CGI Holdings Limited reported total debt of KRW 364.08 billion, total assets of KRW 849.54 billion and total common equity of KRW 485.46 billion. The expected completion of the transaction is July 23, 2024. Major Estimate Revision • May 16
Consensus EPS estimates fall by 38% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩412 to -₩567 per share. Revenue forecast unchanged at ₩1.84b. Entertainment industry in South Korea expected to see average net income growth of 28% next year. Consensus price target reaffirmed at ₩9,075. Share price was steady at ₩5,770 over the past week. Reported Earnings • Mar 21
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: ₩1,492 loss per share (improved from ₩2,968 loss in FY 2022). Revenue: ₩1.55t (up 21% from FY 2022). Net loss: ₩88.1b (loss narrowed 23% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 13% p.a. on average during the next 2 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 84% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 09
Consensus revenue estimates increase by 17%, EPS downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₩1.88b to ₩2.20b. EPS estimate fell from -₩100 to -₩198 per share. Entertainment industry in South Korea expected to see average net income growth of 45% next year. Consensus price target of ₩9,100 unchanged from last update. Share price was steady at ₩5,570 over the past week. Price Target Changed • Nov 05
Price target decreased by 13% to ₩14,000 Down from ₩16,000, the current price target is an average from 4 analysts. New target price is 159% above last closing price of ₩5,410. Stock is down 63% over the past year. The company is forecast to post a net loss per share of ₩872 next year compared to a net loss per share of ₩4,296 last year. Major Estimate Revision • Oct 26
Consensus revenue estimates decrease by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩1.82b to ₩1.60b. EPS estimate reaffirmed at -₩709 per share. Entertainment industry in South Korea expected to see average net income growth of 54% next year. Consensus price target down from ₩16,000 to ₩15,000. Share price was steady at ₩5,010 over the past week. New Risk • Oct 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 157% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (157% increase in shares outstanding). Duyuru • Sep 14
CJ CGV Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 415.332 billion. CJ CGV Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 415.332 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 66,782,357
Price\Range: KRW 5560
Discount Per Security: KRW 41.23
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,917,643
Price\Range: KRW 5560
Discount Per Security: KRW 41.23
Transaction Features: ESOP Related Offering; Rights Offering Duyuru • Aug 24
CJ CGV Co., Ltd. (KOSE:A079160) agreed to acquire CJ OliveNetworks Co., Ltd from CJ Corporation (KOSE:A001040) for KRW 440 billion CJ CGV Co., Ltd. (KOSE:A079160) agreed to acquire CJ OliveNetworks Co., Ltd from CJ Corporation (KOSE:A001040) for KRW 440 billion on August 22, 2023. The transaction is expected to close on October 6, 2023. Major Estimate Revision • Aug 11
Consensus revenue estimates increase by 13% The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩1.61b to ₩1.82b. Forecast losses expected to reduce from -₩1,317 to -₩776 per share. Entertainment industry in South Korea expected to see average net income growth of 41% next year. Consensus price target down from ₩21,625 to ₩18,125. Share price was steady at ₩9,000 over the past week. New Risk • Jul 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 8.7% 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 Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • May 18
First quarter 2023 earnings released: ₩854 loss per share (vs ₩2,588 loss in 1Q 2022) First quarter 2023 results: ₩854 loss per share (improved from ₩2,588 loss in 1Q 2022). Revenue: ₩393.6b (up 76% from 1Q 2022). Net loss: ₩36.2b (loss narrowed 64% from 1Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 24
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: ₩4,296 loss per share (improved from ₩8,342 loss in FY 2021). Revenue: ₩1.28t (up 74% from FY 2021). Net loss: ₩166.2b (loss narrowed 41% from FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 12
Consensus EPS estimates fall by 24% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.56b to ₩1.47b. Losses expected to increase from ₩1,034 per share to ₩1,285. Entertainment industry in South Korea expected to see average net income decline 8.8% next year. Consensus price target of ₩22,637 unchanged from last update. Share price was steady at ₩19,100 over the past week. Reported Earnings • Nov 19
Third quarter 2022 earnings released: ₩658 loss per share (vs ₩2,703 loss in 3Q 2021) Third quarter 2022 results: ₩658 loss per share (improved from ₩2,703 loss in 3Q 2021). Revenue: ₩405.1b (up 150% from 3Q 2021). Net loss: ₩29.4b (loss narrowed 72% from 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to ₩25,793 Down from ₩29,410, the current price target is an average from 7 analysts. New target price is 56% above last closing price of ₩16,500. Stock is down 40% over the past year. The company is forecast to post a net loss per share of ₩3,547 next year compared to a net loss per share of ₩8,342 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. 8 experienced directors. No highly experienced directors. 3 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 • Oct 27
Price target decreased to ₩27,091 Down from ₩29,410, the current price target is an average from 6 analysts. New target price is 101% above last closing price of ₩13,500. Stock is down 58% over the past year. The company is forecast to post a net loss per share of ₩4,480 next year compared to a net loss per share of ₩8,342 last year. Reported Earnings • Aug 20
Second quarter 2022 earnings released: ₩1,622 loss per share (vs ₩2,867 loss in 2Q 2021) Second quarter 2022 results: ₩1,622 loss per share (up from ₩2,867 loss in 2Q 2021). Revenue: ₩318.5b (up 97% from 2Q 2021). Net loss: ₩60.1b (loss narrowed 29% from 2Q 2021). Over the next year, revenue is forecast to grow 60%, compared to a 20% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year. Major Estimate Revision • Aug 09
Consensus revenue estimates increase by 11% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₩1.25b to ₩1.39b. Forecast losses expected to reduce from -₩2,242 to -₩2,050 per share. Entertainment industry in South Korea expected to see average net income growth of 3.2% next year. Consensus price target down from ₩29,508 to ₩28,610. Share price rose 4.4% to ₩21,450 over the past week. Duyuru • Jul 29
CJ CGV Co., Ltd. announced that it has received KRW 150.000004 billion in funding CJ CGV Co., Ltd. closed the transaction as on July 28, 2022. Duyuru • Jun 11
CJ CGV Co., Ltd.(KOSE:A079160) dropped from KOSPI 200 Index CJ CGV Co., Ltd.has been dropped off from KOSPI 200 Index. Major Estimate Revision • May 18
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -₩1,385 to -₩2,627 per share. Revenue forecast unchanged at ₩1.48b. Entertainment industry in South Korea expected to see average net income growth of 38% next year. Consensus price target of ₩28,610 unchanged from last update. Share price was steady at ₩26,250 over the past week. Major Estimate Revision • Apr 30
Consensus EPS estimates fall by 21% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩1.28b to ₩1.27b. Losses expected to increase from ₩1,509 per share to ₩1,832. Entertainment industry in South Korea expected to see average net income growth of 32% next year. Consensus price target of ₩28,610 unchanged from last update. Share price was steady at ₩27,600 over the past week. Price Target Changed • Apr 27
Price target decreased to ₩28,610 Down from ₩31,046, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₩27,800. Stock is up 9.2% over the past year. The company is forecast to post a net loss per share of ₩1,509 next year compared to a net loss per share of ₩8,342 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. 8 experienced directors. No highly experienced directors. 3 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 • Apr 16
Price target decreased to ₩28,610 Down from ₩31,046, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₩28,050. Stock is up 5.1% over the past year. The company is forecast to post a net loss per share of ₩1,509 next year compared to a net loss per share of ₩8,342 last year. Major Estimate Revision • Feb 26
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩1.55b to ₩1.31b. EPS estimate increased from -₩213 to -₩104 per share. Entertainment industry in South Korea expected to see average net income growth of 88% next year. Consensus price target of ₩29,756 unchanged from last update. Share price was steady at ₩25,150 over the past week. Breakeven Date Change • Dec 09
Forecast breakeven date moved forward to 2022 The 11 analysts covering CJ CGV previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 100% to 2021. The company is expected to make a profit of ₩933.3m in 2022. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Major Estimate Revision • Dec 01
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 losses forecast to reduce from -₩8,605 per share to -₩7,122 per share. Revenue forecast reaffirmed at ₩778.0m. Entertainment industry in South Korea expected to see average net income growth of 94% next year. Consensus price target broadly unchanged at ₩30,546. Share price fell 13% to ₩22,850 over the past week. Reported Earnings • Aug 23
Second quarter 2021 earnings released: ₩2,867 loss per share (vs ₩6,765 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ₩161.7b (up 289% from 2Q 2020). Net loss: ₩84.5b (loss narrowed 41% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Breakeven Date Change • Jul 15
Forecast breakeven moved forward to 2022 The 12 analysts covering CJ CGV previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 100% to 2021. The company is expected to make a profit of ₩170.0m in 2022. Average annual earnings growth of 68% is required to achieve expected profit on schedule. Price Target Changed • Jun 10
Price target increased to ₩28,061 Up from ₩26,190, the current price target is an average from 13 analysts. New target price is 12% below last closing price of ₩31,900. Stock is up 28% over the past year. Price Target Changed • Jun 02
Price target increased to ₩27,923 Up from ₩25,928, the current price target is an average from 13 analysts. New target price is 16% below last closing price of ₩33,250. Stock is up 33% over the past year. Reported Earnings • May 20
First quarter 2021 earnings released: ₩2,751 loss per share (vs ₩4,227 loss in 1Q 2020) The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: ₩172.5b (down 29% from 1Q 2020). Net loss: ₩91.8b (loss narrowed 3.9% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Major Estimate Revision • May 14
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₩1.09b to ₩1.14b. Forecast EPS reduced from -₩3,895 to -₩4,890 per share. Entertainment industry in South Korea expected to see average net income growth of 47% next year. Consensus price target up from ₩25,357 to ₩25,928. Share price rose 5.8% to ₩27,550 over the past week. Major Estimate Revision • May 11
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -₩3,895 to -₩4,874 per share. Revenue forecast unchanged at ₩1.10b. Entertainment industry in South Korea expected to see average net income growth of 47% next year. Consensus price target of ₩25,357 unchanged from last update. Share price rose 8.3% to ₩27,550 over the past week. Major Estimate Revision • Apr 14
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 expected loss increased from -₩3,481 to -₩3,943 per share. Revenue forecast unchanged at ₩1.13b. Entertainment industry in South Korea expected to see average net income growth of 47% next year. Consensus price target of ₩24,377 unchanged from last update. Share price was steady at ₩26,600 over the past week. Major Estimate Revision • Apr 01
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₩1.17b to ₩1.18b. Forecast EPS reduced from -₩2,252 to -₩2,827 per share. Entertainment industry in South Korea expected to see average net income growth of 51% next year. Consensus price target broadly unchanged at ₩24,377. Share price fell 2.6% to ₩27,600 over the past week. Reported Earnings • Mar 25
Full year 2020 earnings released: ₩22,827 loss per share (vs ₩6,875 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: ₩583.4b (down 70% from FY 2019). Net loss: ₩635.4b (loss widened 316% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Duyuru • Mar 13
CJ CGV Co., Ltd., Annual General Meeting, Mar 29, 2021 CJ CGV Co., Ltd., Annual General Meeting, Mar 29, 2021, at 09:01 Korea Standard Time. Duyuru • Feb 02
CJ CGV Co., Ltd. to Report Q4, 2020 Results on Feb 09, 2021 CJ CGV Co., Ltd. announced that they will report Q4, 2020 results on Feb 09, 2021 Is New 90 Day High Low • Jan 25
New 90-day high: ₩29,950 The company is up 49% from its price of ₩20,100 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment 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 ₩17,140 per share. Is New 90 Day High Low • Dec 30
New 90-day high: ₩25,200 The company is up 12% from its price of ₩22,450 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩16,881 per share. Is New 90 Day High Low • Dec 02
New 90-day high: ₩24,550 The company is up 3.0% from its price of ₩23,900 on 03 September 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩14,651 per share. Major Estimate Revision • Nov 12
Analysts update estimates The 2020 consensus revenue estimate was lowered from ₩736.2m to ₩723.3m. The company's losses in 2020 are expected to improve with analysts raising their EPS forecasts from -₩14,637 to -₩10,739. The Entertainment industry in South Korea is expected to see an average net income growth of 72% next year. The consensus price target was lowered from ₩23,682 to ₩23,210. Share price is up 3.6% to ₩21,700 over the past week. Major Estimate Revision • Oct 17
Analysts lower EPS estimates to -₩14,689 The 2020 consensus revenue estimate was lowered from ₩781.9m to ₩736.7m. The company's losses are expected to worsen with analysts lowering their EPS forecasts from -₩13,232 to -₩14,689 for the same period. The Entertainment industry in South Korea is expected to see an average net income growth of 69% next year. The consensus price target of ₩24,284 was unchanged from the last update. Share price is down by 2.7% to ₩21,700 over the past week. Duyuru • Aug 31
CJ CGV Co., Ltd. to Report First Half, 2020 Results on Aug 07, 2020 CJ CGV Co., Ltd. announced that they will report first half, 2020 results on Aug 07, 2020