Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₩11,640, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 18x in the Communications industry in South Korea. Total loss to shareholders of 8.0% over the past three years. New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 0.9% 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 (18% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (16% net profit margin). Market cap is less than US$100m (₩60.9b market cap, or US$40.8m). Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩13,110, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 19x in the Communications industry in South Korea. Total returns to shareholders of 4.1% over the past three years. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₩17,690, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 17x in the Communications industry in South Korea. Total returns to shareholders of 32% over the past three years. New Risk • Apr 05
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 13% 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 (13% average weekly change). Market cap is less than US$100m (₩61.8b market cap, or US$40.9m). Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩11,470, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 13x in the Communications industry in South Korea. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to ₩10,940, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 10x in the Communications industry in South Korea. Total loss to shareholders of 22% over the past three years. Duyuru • Mar 07
Opticis Company Limited, Annual General Meeting, Mar 26, 2026 Opticis Company Limited, Annual General Meeting, Mar 26, 2026, at 11:00 Tokyo Standard Time. Location: conference room, 305, sanseong-daero, sujeong-gu, gyeonggi-do, seongnam South Korea Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩9,390, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 8x in the Communications industry in South Korea. Total loss to shareholders of 30% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (1.1%). New Risk • Sep 09
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: 1.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩43.1b market cap, or US$31.0m). Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩10,900, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 9x in the Communications industry in South Korea. Total loss to shareholders of 6.7% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩10,290, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Communications industry in South Korea. Total loss to shareholders of 28% over the past three years. New Risk • Apr 08
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 14% 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 (14% average weekly change). Minor Risk Market cap is less than US$100m (₩55.8b market cap, or US$37.7m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₩11,640, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 9x in the Communications industry in South Korea. Total loss to shareholders of 29% over the past three years. Duyuru • Mar 08
Opticis Company Limited, Annual General Meeting, Mar 27, 2025 Opticis Company Limited, Annual General Meeting, Mar 27, 2025, at 11:00 Tokyo Standard Time. Location: conference room, 305, sanseong-daero, sujeong-gu, gyeonggi-do, seongnam South Korea New Risk • Jan 17
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 10% 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 (10% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩54.0b market cap, or US$37.0m). Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₩11,260, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 16x in the Communications industry in South Korea. Total loss to shareholders of 32% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 April 2025. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩7,780, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 13x in the Communications industry in South Korea. Total loss to shareholders of 56% over the past three years. New Risk • Nov 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Large one-off items impacting financial results. Market cap is less than US$100m (₩36.2b market cap, or US$26.0m). Duyuru • Nov 27
Opticis Company Limited (KOSDAQ:A109080) announces an Equity Buyback for KRW 1,000 million worth of its shares. Opticis Company Limited (KOSDAQ:A109080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million pursuant to a trust contract with Samsung Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to raise the company’s corporate image. The share repurchase program is valid until November 27, 2025. As of November 26, 2024, the company had 904,944 shares in treasury within scope available for dividend and had 3,000 shares in treasury through other repurchase. Duyuru • May 22
Opticis Company Limited (KOSDAQ:A109080) announces an Equity Buyback for KRW 500 million worth of its shares. Opticis Company Limited (KOSDAQ:A109080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 500 million pursuant to a trust contract with Hana Bank. The purpose of the share repurchase program is to stabilize the share price and to raise the company’s corporate image. The share repurchase program is valid until May 21, 2025. As of May 20, 2024, the company had 841,172 shares in treasury within scope available for dividend and had 3,000 shares in treasury through other repurchase. Upcoming Dividend • Dec 20
Upcoming dividend of ₩200 per share at 2.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 25 April 2024. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.3%). Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩13,000, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 13x in the Communications industry in South Korea. Total returns to shareholders of 63% over the past three years. New Risk • Aug 23
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 9.7% 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 Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (₩68.1b market cap, or US$50.8m). Buying Opportunity • Aug 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.3%. The fair value is estimated to be ₩15,307, however this is not to be taken as a buy 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 49%. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩16,000, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Communications industry in South Korea. Total returns to shareholders of 105% over the past three years. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 17% share price gain to ₩13,950, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 9x in the Communications industry in South Korea. Total returns to shareholders of 81% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩10,300, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 10x in the Communications industry in South Korea. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₩15,150, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 11x in the Communications industry in South Korea. Total returns to shareholders of 128% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 22% share price gain to ₩14,300, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 14x in the Communications industry in South Korea. Total returns to shareholders of 120% over the past three years. Duyuru • Jun 21
Opticis Company Limited (KOSDAQ:A109080) announces an Equity Buyback for KRW 1,000 million worth of its shares. Opticis Company Limited (KOSDAQ:A109080) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million pursuant to a trust contract with Samsung Securities Co., Ltd.. The purpose of the share repurchase program is to stabilize the share price and to raise the company’s corporate image. The share repurchase program is valid until June 19, 2023. As of June 19, 2022, the company had 744,598 shares in treasury within scope available for dividend and had 3,000 shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩12,300, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 13x in the Communications industry in South Korea. Total returns to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 15% share price gain to ₩18,000, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 18x in the Communications industry in South Korea. Total returns to shareholders of 144% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. The company is not currently making a profit but it is cash flow positive. This is the first dividend for Opticis since going public. The average dividend yield among industry peers is 0.8%. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 17% share price gain to ₩24,350, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 16x in the Communications industry in South Korea. Total returns to shareholders of 279% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₩18,200, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 29x in the Communications industry in South Korea. Total returns to shareholders of 152% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 36% share price gain to ₩13,450, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 29x in the Communications industry in South Korea. Total returns to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 20% share price gain to ₩11,600, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 30x in the Communications industry in South Korea. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₩9,000, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.9x. This compares to an average P/E of 20x in the Communications industry in South Korea. Total return to shareholders over the past three years is a loss of 7.9%. Is New 90 Day High Low • Feb 26
New 90-day low: ₩7,780 The company is down 2.0% from its price of ₩7,920 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 1.0% over the same period. Is New 90 Day High Low • Jan 25
New 90-day high: ₩8,320 The company is up 8.0% from its price of ₩7,680 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 26% over the same period.