Valuation Netmarble Corporation

Stocks

End-of-day quote Korea S.E. 10/09/2026			5-day change	1st Jan Change
35,150.00 ^KRW	+0.29%		-4.22%	-27.15%

09-02	Netmarble Opens Pre-Registration for Raven2 Fresh Start Server Zero with Exclusive Rewards and Growth Support	CI
08-05	G-Square AMC Co., Ltd announced that it expects to receive KRW 18 billion in funding from Netmarble Corporation	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	10,241,821	4,948,848	4,760,399	4,236,017	3,953,343	2,816,167	-	-
Change	-	-51.68%	-3.81%	-11.02%	-6.67%	-28.76%	-	-
Enterprise Value (EV) ¹	9,282	6,460	6,021	4,774	4,613	3,129	3,000	2,791
Change	-	-30.4%	-6.79%	-20.71%	-3.37%	-32.17%	-4.13%	-6.98%
P/E	42.6x	-6.03x	-18.6x	168x	18.1x	5.76x	9.04x	9.31x
PBR	1.7x	0.88x	0.96x	0.78x	0.73x	0.48x	0.45x	0.45x
PEG	-	0x	0.3x	-2x	0x	0x	-0.2x	-3.22x
Capitalization / Revenue	4.09x	1.85x	1.9x	1.59x	1.39x	0.96x	0.93x	0.94x
EV / Revenue	3.7x	2.42x	2.41x	1.79x	1.63x	1.06x	0.99x	0.93x
EV / EBITDA	30.8x	52.2x	51.5x	12.9x	9.53x	6.91x	5.72x	5.6x
EV / EBIT	60.1x	-61.8x	-86.5x	22.1x	13.1x	9.57x	7.59x	7.85x
EV / FCF	182x	-14.5x	-44.8x	17.7x	15.9x	4.92x	8.19x	8.34x
FCF Yield	0.55%	-6.92%	-2.23%	5.66%	6.3%	20.3%	12.2%	12%
Dividend per Share ³	528	-	-	417	876	988.8	971	1,077
Rate of return	0.42%	-	-	0.81%	1.82%	2.81%	2.76%	3.06%
EPS ³	2,932	-10,023	-3,120	308	2,665	6,104	3,887	3,774
Distribution rate	18%	-	-	135%	32.9%	16.2%	25%	28.5%
Net sales ¹	2,506	2,673	2,501	2,664	2,835	2,945	3,031	2,999
EBITDA ¹	301.6	123.7	117	370	484	452.8	524.3	498.6
EBIT ¹	154.5	-104.5	-69.6	215.6	352.5	327.2	395.1	355.7
Net income ¹	240.2	-906.4	-266.6	28.8	239.3	494	328.5	342.1
Net Debt ¹	-959.5	1,511	1,261	538.1	660	313.1	183.9	-25.42
Reference price ³	125,000.00	60,400.00	58,100.00	51,700.00	48,250.00	35,150.00	35,150.00	35,150.00
Nbr of stocks (in thousands)	81,935	81,935	81,935	81,935	81,935	80,119	-	-
Announcement Date	2/9/22 A	2/9/23 A	2/7/24 A	2/13/25 A	2/5/26 A	-	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NETMARBLE CORPORATION	5.76x	1.06x	6.91x	2.81%	2.09B
NETEASE, INC.	13.13x	2.71x	6.71x	2.61%	74.75B
NEXON CO., LTD.	20.87x	3.74x	13.22x	14.98%	15.87B
KRAFTON, INC.	10.22x	1.36x	3.99x	1.08%	6.73B
SQUARE ENIX HOLDINGS CO., LTD.	24.89x	2.36x	11.22x	1.8%	6.69B
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	13.89x	2.41x	11.48x	5.18%	5.96B
G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.	14.13x	3.43x	8.95x	5.29%	4.12B
KOEI TECMO HOLDINGS CO., LTD.	14.93x	5.05x	11.97x	3.37%	3.54B
PERFECT WORLD CO., LTD.	17.95x	2.17x	10.63x	4.66%	3.14B
NC CORPORATION	9.45x	0.95x	4.31x	1.41%	3.03B
Average	14.52x	2.52x	8.94x	4.32%	12.59B
Weighted average by Cap.	14.60x	2.74x	8.12x	4.3%