1. South Korea Stocks

  2. •

    Consumer services

  3. •

    Broadcasting
Seoul Broadcasting System Co., Ltd.

Seoul Broadcasting System Co., Ltd.

KKRX:034120
10,900.00
KRW
-120.00
(-1.09%)
99.95EPS
110.72P/E
208.48BMarket Cap
Nov 18Next Earn
Seoul Broadcasting System Co., Ltd.
KRX:034120
(Korea Stock Exchange)

Recent

price

10,900.00

P/E

ratio

110.72

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
38,784.98
40,773.75
42,758.68
39,833.31
45,051.73
43,862.19
45,943.32
43,715.51
51,611.69
46,239.34
48,634.97
59,303.7
66,354.89
56,237.77
56,441.27
54,380.25
54,427.9
Revenue per Share
206
3,235.53
1,508
1,338
-371
1,929
-29
850
275
1,114
-3,569
7,693
8,623
2,613
1,825
433
101.52
Basic EPS, GAAP
232.04
1,624.92
480.38
-1,734.58
2,541.03
248.85
-1,736.99
3,183.19
1,871.55
-4,190.6
3,189.46
7,002.54
-5,364.17
-196.94
-1,027.94
2,580.39
981.89
Free Cash Flow per Basic Share
511.06
12
752.16
599.98
599.79
- -
751.15
- -
249.72
91.03
150
- -
1,023.05
998.08
500.12
- -
- -
Dividend per Share
25,577.34
29,101.11
29,861.65
30,500.46
29,825.68
31,435.21
30,468.8
31,395.45
31,653.78
32,809.73
29,138.44
37,150.06
46,405.22
47,381.91
48,749.22
69,876.81
50,088.21
Book Value per Share
25,530.89
28,722.44
29,480.44
30,028.78
29,356.22
30,973.13
29,992.78
30,224.82
30,460.79
31,460.94
28,046.16
35,992.01
43,334.14
44,889.35
45,917.21
67,983.59
48,146.57
Tangible Book Value per Share
18
18
18
18
18
18
18
18
18
18
18
18
18
18
19
19
19
Basic Weighted Avg Shares
706,485
744,226
780,276
727,085
822,595
792,884
829,074
773,225
914,043
817,664
860,343
1,049,035
1,173,782
996,764
1,046,651
1,008,458
1,009,689
Sales/Revenue/Turnover
-0.14
10.12
4.97
3.04
-2.28
5.32
-0.92
2.41
0.57
1.54
8.73
16.43
15.91
6
-1.83
1.81
0.83
Operating Margin (%)
23,867
22,428
27,150
29,943
31,032
31,627
31,288
32,198
27,900
27,943
27,187
25,727
27,471
29,683
37,348
37,917
38,167
Depreciation Expense
3,752
59,057
27,519
24,423
-6,774
34,870
-523
15,035
4,870
19,699
-63,135
136,083
152,536
46,313
33,843
8,030
1,883
Net Income, GAAP
25.03
24.77
31.09
23.15
- -
18.52
- -
21.64
26.54
23.49
- -
24.53
23.2
23.31
- -
- -
- -
Effective Tax Rate (%)
0.53
7.94
3.53
3.36
-0.82
4.4
-0.06
1.94
0.53
2.41
-7.34
12.97
13
4.65
3.23
0.8
0.19
Profit Margin (%)
225,162
170,879
184,708
222,712
141,252
282,506
205,412
279,988
283,357
323,955
416,861
397,268
476,140
370,450
424,274
435,252
384,811
Working Capital
50,194
289
50,058
49,903
- -
119,769
119,846
159,814
159,796
185,848
294,435
192,096
161,008
80,685
250,577
230,007
169,985
LT Debt
486,987
548,801
561,488
569,957
540,278
568,228
540,775
562,992
568,482
647,118
571,109
721,597
873,277
881,121
906,435
1,298,197
931,220
Total Equity
-0.13
9.24
3.96
2.58
- -
5.01
- -
1.93
0.49
1.13
- -
13.59
13.05
3.98
- -
- -
- -
Return on Invested Capital (%)
0.93
9.86
4.71
4.5
- -
5.48
- -
2.27
0.97
2.71
- -
13.92
14.23
4.54
- -
- -
- -
Return on Capital (%)
0.8
11.83
5.11
4.43
-1.24
6.29
-0.09
2.74
0.87
3.45
-11.52
23.21
20.64
5.45
3.8
0.73
0.21
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
202,287
202,325
263,158
LT Borrowings
219,617
219,667
159,786
LT Finance Leases
10,391
10,328
10,199
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
346,855
284,161
208,484

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
828,486
835,833
846,285
Cash, Cash Equivalents & STI
461,060
483,028
464,865
Accounts Receivable, Net
233,776
171,125
210,416
Inventories
1,937
1,681
1,710
Total Current Liabilities
393,234
413,368
461,474
Payables & Accruals
- -
- -
- -
ST Debt
202,287
202,325
263,158
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.67%
18.87%
43.22%
Free Cash Flow
-167.56%
-11.66%
-351.03%
Net Income, GAAP
-373.43%
-95.26%
-76.27%
Sales/Revenue/Turnover
3.08%
4.02%
-3.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
209,553
275,030
331,318
230,751
1,046,651
2025
206,259
268,242
239,222
294,735
1,008,458
2026
190,381
285,351
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
697
270
-1,160
2,017.72
1,825
2025
-372
306
559.87
-61.49
433
2026
-750.04
353
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
500.12
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Seoul Broadcasting System (SBS) operates as South Koreas largest private broadcaster, providing nationwide terrestrial television and radio services alongside cable channels and digital content distribution. Founded in 1990 and headquartered at 82 Sangamsan-ro, Mapo-gu, Seoul, the company delivers a comprehensive portfolio of programming including flagship SBS TV on channel 6 featuring dramas such as Running Man, Inkigayo music show, news programs like SBS Eight OClock News and Morning Wide, variety shows, reality series, documentaries, and sports coverage; three radio networks encompassing SBS Love FM on 103.5 MHz, SBS Power FM on 107.7 MHz, and SBS V-Radio via DMB; nine cable channels comprising SBS Plus, SBS Golf, SBS Golf 2, SBS funE, SBS Life, SBS Sports, SBS Biz, SBS M, and SBS F!L UHD; and digital offerings such as video-on-demand through SBS platforms, content sales, and international distribution. SBS maintains a nationwide network of 10 regional affiliates including KNN in Busan, TJB in Daejeon, and JIBS in Jeju, targeting diverse audiences across entertainment, news, music, and cultural segments primarily in South Korea with global reach via subsidiaries and partnerships. The company functions under SBS Media Holdings as its parent, with key subsidiaries and affiliates like SBS Contents Hub for online media distribution, SBS International for U.S. operations via SBS America, SBS Artech for creative services, SBS Newstech for IT support, Studio S for drama production, Prism Studios for entertainment content, and cable operators SBS Medianet and Medianet Plus. Geographically focused on South Korea with operations spanning Seoul, Gyeonggi, Busan, Daegu, Gwangju, and other provinces through regional stations, SBS generates revenue from terrestrial and radio advertising, program sales, cable services, and digital streaming. In recent developments, SBS agreed in August 2024 to acquire the remaining 21.08% stake in SBS Contents Hub for KRW 23.3 billion to consolidate content distribution control; its affiliate SBS Contents Hub agreed to acquire SBS International from TY Holdings for KRW 23.1 billion; and SBS acquired an additional 48% stake in SBS Newstech for KRW 1.7 billion in February to strengthen IT capabilities. Additionally, in June 2025, SBS invested $20 million for a 3.8% stake in Indonesian media firm MD Entertainment via new share issuance, establishing a Southeast Asian content foothold as part of its international expansion strategy; the company also pursues mergers like absorbing SBS Contents Hub through a comprehensive share exchange to streamline operations and delist the affiliate. These moves reflect SBSs focus on vertical integration, digital enhancement, and global content partnerships amid evolving media landscapes.