TBC

TBC

KKRX:033830
1,681.00
KRW
-3.00
(-0.18%)
168.92EPS
17.49P/E
55.87BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,729.2
1,815.68
2,134.66
205.1
2,232.5
2,147.81
2,611.01
1,873.34
2,267.91
2,241.51
2,317.76
2,118.92
2,247.33
2,136.2
Basic EPS, GAAP
186
171
188.5
14
162.22
178.91
295
200
245
260
330
200
200
168.92
Free Cash Flow per Basic Share
173.65
322.92
158.63
-6.3
301.23
5.45
33.94
296.64
426.73
-173.52
14.22
533.98
375.83
-39.9
Dividend per Share
30.05
72.49
52.54
5.27
36.26
50
50.09
80.29
50.04
64.84
75.55
89.51
54.74
- -
Book Value per Share
5,024.4
5,114.28
5,267.89
5,388.53
5,516.94
5,636.38
5,852.84
5,993.2
6,198.7
6,431
6,683.37
6,768.68
6,946.11
6,885.89
Tangible Book Value per Share
4,977.45
5,071.94
5,246.2
5,372.36
5,499.35
5,618.58
5,844.28
5,990.76
6,195.66
6,421.91
6,675.98
6,763.56
6,943.26
6,882.92
Basic Weighted Avg Shares
19
19
19
189
19
19
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
33,499
35,233
41,125
38,827
42,212
40,609
49,281
35,292
42,843
42,483
43,506
40,284
42,691
40,389
Operating Margin (%)
5.88
5.94
4.86
4.7
6.34
6.33
10.67
8.26
10.11
9.54
9.51
3.62
3.48
2.08
Depreciation Expense
2,414
2,790
2,740
1,856
1,527
1,517
1,296
1,328
1,258
1,239
1,240
1,294
1,342
1,336
Net Income, GAAP
3,603
3,318
3,632
2,650
3,067
3,383
5,568
3,768
4,628
4,928
6,194
3,802
3,799
3,194
Effective Tax Rate (%)
19.63
20.23
16.18
18.94
19.24
14.66
17.99
19.14
21.07
21.37
19.9
19.66
19.12
18.95
Profit Margin (%)
10.76
9.42
8.83
6.83
7.27
8.33
11.3
10.68
10.8
11.6
14.24
9.44
8.9
7.91
Working Capital
66,990
70,931
67,573
69,782
74,662
76,949
79,782
73,995
70,326
76,977
77,724
80,094
89,657
88,537
LT Debt
- -
- -
- -
- -
- -
- -
- -
144
150
122
250
209
126
95
Total Equity
97,490
99,234
100,735
101,918
104,309
106,568
110,660
113,314
117,200
121,592
126,363
127,976
131,331
130,192
Return on Invested Capital (%)
1.64
1.69
1.67
1.46
2.09
2.08
3.96
2.11
2.96
2.66
2.67
0.92
0.92
0.53
Return on Capital (%)
3.76
3.38
3.64
2.63
2.98
3.22
5.13
3.37
4.01
4.12
4.99
2.99
2.93
2.47
Return on Common Equity (%)
3.75
3.37
3.63
2.62
2.97
3.21
5.13
3.36
4.02
4.13
5
2.99
2.93
2.47

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
155
144
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
126
95
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
64,001
57,761
55,871

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
95,792
95,049
94,027
Cash, Cash Equivalents & STI
79,374
82,201
82,710
Accounts Receivable, Net
9,277
8,909
8,209
Inventories
- -
- -
- -
Total Current Liabilities
5,705
5,391
5,490
Payables & Accruals
- -
- -
- -
ST Debt
- -
155
144
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.69%
3%
2.62%
Free Cash Flow
394.8%
693.76%
-29.67%
Net Income, GAAP
4.76%
3.26%
-0.08%
Sales/Revenue/Turnover
1.38%
4.31%
5.98%
Total Cash Common Dividend
- -
-2.2%
-38.89%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,458
8,541
8,364
13,921
40,284
2025
9,675
9,885
9,626
13,506
42,691
2026
7,373
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
45
45
87.98
200
2025
45
36.25
38.57
83.21
200
2026
10.89
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
89.51
2025
- -
- -
- -
- -
54.74
2026
- -
- -
- -
- -
- -

Company Description

CEO
Han-Deog Kim
Full Time Employees
114
Sector
Consumer services
Industry
Broadcasting
Address
Daegu South Korea
IPO Date
Nov 29, 2010
Website
tbc.co.kr
Business
TBC is a South Korea-based regional terrestrial television and radio broadcasting company operating primarily across the Daegu Metropolitan City and North Gyeongsang Province (Gyeongsangbuk-do). Founded in 1994 and headquartered in Daegu, South Korea, the company operates as an affiliate of the Kiturami Group and maintains a strategic network affiliation with the Seoul Broadcasting System (SBS). TBC generates revenue primarily through commercial broadcast advertising, media production, content distribution, and cultural event management. The company provides a comprehensive suite of media and broadcasting services, organized across several key operational areas: terrestrial digital and ultra-high-definition (UHD) television broadcasting, including locally produced regional news, current affairs, investigative journalism, cultural documentaries, lifestyle programming, and regional sports coverage; network relay broadcasting, transmitting nationally syndicated drama, entertainment, and sports programming from SBS; FM radio broadcasting through TBC Dream FM (99.3 MHz and regional relay frequencies), offering music, news, talk shows, and traffic information; digital media and over-the-top (OTT) content distribution, encompassing online live streaming, video-on-demand (VOD) archives, mobile news applications, and targeted social video channels; broadcast advertising and commercial production services, including terrestrial airtime sales, corporate sponsorships, spot commercials, and custom brand marketing campaigns; and cultural and event management services, including the planning and hosting of municipal festivals, musical competitions, academic forums, and artistic exhibitions. In recent corporate developments, the company officially changed its corporate name from Taegu Broadcasting Corporation to TBC in April 2023 to modernise its brand image and reflect its multi-platform media strategy. In July 2025, TBC appointed Kim Han-deok as Chief Executive Officer and President to spearhead operational modernization and strengthen local programming competitiveness. The company has also expanded its digital journalism initiatives and multi-channel network (MCN) content production, while continuously enhancing its regional UHD transmission network and automated disaster emergency broadcasting systems across southeastern South Korea.