CJ ENM (KOSDAQ:035760) Has Debt But No Earnings; Should You Worry?
Apr 07
South Korean (KOSPI) Entertainment Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies79
- 7D-1.5%
- 3M-1.6%
- 1Y-21.4%
- YTD-4.2%
The Entertainment industry is down 1.5% over the last week with JYP Entertainment the worst performer, down 13%. On the other hand Ncsoft is actually up 6.1%. Overall the industry is down 21% in 12 months. Earnings are forecast to grow by 40% annually.
Industry Valuation and Performance
Has the South Korean Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₩54.2t | ₩27.7t | -₩149,406,386,135.00 | 20.4x | -362.8x | 2x |
| Tue, 16 Apr 2024 | ₩51.1t | ₩27.7t | -₩64,977,179,835.00 | 19.3x | -787x | 1.8x |
| Thu, 14 Mar 2024 | ₩53.5t | ₩27.9t | -₩572,445,623,248.00 | 25.5x | -93.5x | 1.9x |
| Sat, 10 Feb 2024 | ₩52.7t | ₩28.0t | -₩514,460,279,788.00 | 27x | -102.4x | 1.9x |
| Mon, 08 Jan 2024 | ₩56.3t | ₩28.2t | -₩718,683,866,906.00 | 30.1x | -78.3x | 2x |
| Wed, 06 Dec 2023 | ₩55.9t | ₩28.3t | -₩715,419,878,468.00 | 35.4x | -78.2x | 2x |
| Fri, 03 Nov 2023 | ₩52.2t | ₩28.1t | -₩1,003,611,767,243.00 | 28.8x | -52x | 1.9x |
| Sun, 01 Oct 2023 | ₩52.9t | ₩28.1t | -₩1,002,861,767,618.00 | 31.6x | -52.8x | 1.9x |
| Tue, 29 Aug 2023 | ₩55.6t | ₩28.0t | -₩980,698,643,018.00 | 30.3x | -56.7x | 2x |
| Thu, 27 Jul 2023 | ₩57.0t | ₩27.9t | -₩923,602,446,351.00 | 31.3x | -61.7x | 2x |
| Sat, 24 Jun 2023 | ₩65.1t | ₩27.9t | -₩922,476,139,438.00 | 33.3x | -70.5x | 2.3x |
| Mon, 22 May 2023 | ₩67.7t | ₩27.5t | -₩958,008,741,437.00 | 38.6x | -70.7x | 2.5x |
| Wed, 19 Apr 2023 | ₩66.7t | ₩27.5t | -₩1,062,627,389,780.00 | 38.1x | -62.8x | 2.4x |
| Fri, 17 Mar 2023 | ₩58.2t | ₩26.8t | ₩1.4t | 21x | 43x | 2.2x |
| Sun, 12 Feb 2023 | ₩65.1t | ₩26.8t | ₩1.9t | 19.2x | 34.3x | 2.4x |
| Tue, 10 Jan 2023 | ₩59.8t | ₩26.7t | ₩1.9t | 16.1x | 31.8x | 2.2x |
| Thu, 08 Dec 2022 | ₩58.1t | ₩26.8t | ₩1.9t | 15.9x | 30.8x | 2.2x |
| Sat, 05 Nov 2022 | ₩53.4t | ₩24.7t | ₩2.5t | 16.1x | 21.1x | 2.2x |
| Mon, 03 Oct 2022 | ₩55.0t | ₩24.6t | ₩2.5t | 16.3x | 21.7x | 2.2x |
| Wed, 31 Aug 2022 | ₩64.4t | ₩24.4t | ₩2.9t | 17.9x | 22.5x | 2.6x |
| Fri, 29 Jul 2022 | ₩65.0t | ₩24.1t | ₩2.6t | 18.6x | 25.1x | 2.7x |
| Sun, 26 Jun 2022 | ₩65.2t | ₩24.1t | ₩2.6t | 16x | 25.4x | 2.7x |
| Tue, 24 May 2022 | ₩74.0t | ₩23.7t | ₩2.8t | 14.6x | 26.4x | 3.1x |
| Thu, 21 Apr 2022 | ₩85.0t | ₩23.1t | ₩2.9t | 17.8x | 29.4x | 3.7x |
| Sat, 19 Mar 2022 | ₩90.0t | ₩18.3t | ₩1.3t | 34.9x | 70.2x | 4.9x |
| Mon, 14 Feb 2022 | ₩82.4t | ₩17.8t | ₩1.3t | 30.7x | 65.4x | 4.6x |
| Wed, 12 Jan 2022 | ₩99.2t | ₩18.2t | ₩1.3t | 36.6x | 74.1x | 5.4x |
| Fri, 10 Dec 2021 | ₩115.7t | ₩18.3t | ₩1.3t | 40.5x | 86.8x | 6.3x |
| Sun, 07 Nov 2021 | ₩108.9t | ₩17.3t | ₩1.2t | 40.3x | 89.8x | 6.3x |
| Tue, 05 Oct 2021 | ₩95.7t | ₩17.4t | ₩1.2t | 44.5x | 79.3x | 5.5x |
| Thu, 02 Sep 2021 | ₩96.2t | ₩17.6t | ₩1.1t | 40.8x | 83.7x | 5.5x |
| Sat, 31 Jul 2021 | ₩78.0t | ₩16.0t | ₩663.0b | 41.5x | 117.6x | 4.9x |
Price to Earnings Ratio
60.1x
Current Industry PE
- Investors are pessimistic on the South Korean Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Entertainment industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 23% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the South Korean Telecom industry?
| KR Market | -0.34% | |
| Telecom | -1.10% | |
| Entertainment | -1.51% | |
| Interactive Home Entertainment | -0.43% | |
| Movies and Entertainment | -3.21% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 44.5%, which is higher than its past year's earnings decline of 2.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 2.3% per year.
- In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 31% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A036570 Ncsoft | ₩216.50k | 6.1% +₩253.8b | -42.3% | PE28.3x | |
| A263750 Pearl Abyss | ₩40.05k | 7.4% +₩168.9b | -13.2% | PE161.8x | |
| A041510 SM Entertainment | ₩85.90k | 3.2% +₩62.6b | -20.2% | PE22.8x | |
| A299900 Wysiwyg Studios | ₩2.47k | 7.6% +₩29.7b | -45.9% | PE8x | |
| A078340 Com2uS | ₩44.10k | 4.1% +₩20.0b | -35.4% | PE28.1x |