Why Netmarble Corporation (KRX:251270) Could Be Worth Watching

Netmarble Corporation (KRX:251270), is not the largest company out there, but it saw a decent share price growth of 16% on the KOSE over the last few months. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Let’s take a look at Netmarble’s outlook and value based on the most recent financial data to see if the opportunity still exists.

View our latest analysis for Netmarble

What's The Opportunity In Netmarble?

The stock seems fairly valued at the moment according to our valuation model. It’s trading around 0.11% above our intrinsic value, which means if you buy Netmarble today, you’d be paying a relatively reasonable price for it. And if you believe the company’s true value is ₩61431.87, then there isn’t really any room for the share price grow beyond what it’s currently trading. In addition to this, Netmarble has a low beta, which suggests its share price is less volatile than the wider market.

What does the future of Netmarble look like?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. However, with a relatively muted revenue growth of 9.9% expected over the next couple of years, growth doesn’t seem like a key driver for a buy decision for Netmarble, at least in the short term.

What This Means For You

Are you a shareholder? A251270’s future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?

Are you a potential investor? If you’ve been keeping tabs on A251270, now may not be the most optimal time to buy, given it is trading around its fair value. However, the positive outlook means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

It can be quite valuable to consider what analysts expect for Netmarble from their most recent forecasts. So feel free to check out our free graph representing analyst forecasts.

If you are no longer interested in Netmarble, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.