Hancom WITH Inc

Hancom WITH Inc

KKRX:054920
3,850.00
KRW
-160.00
(-3.99%)
262.00EPS
21.38P/E
125.50BMarket Cap

Total Valuation

KRW

As of March 31, 2026, Hancom WITH Inc carries a market capitalization of 125.50B, placing it among publicly traded companies globally. Its enterprise value stands at 195.47B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap125.50B
Enterprise Value195.47B

Share Statistics

As of March 31, 2026, Hancom WITH Inc has 25.12M shares outstanding.

Shares Outstanding25.12M

Valuation Ratios

As of March 31, 2026, Hancom WITH Inc trades at a trailing price-to-earnings ratio of 21.38. The price-to-sales ratio is 0.16, and the price-to-book ratio stands at 0.85.

PE Ratio21.38
PS Ratio0.16
PB Ratio0.85
P/TBV Ratio0.86
P/FCF Ratio-76.63
P/OCF Ratio-89.49

Enterprise Valuation

As of March 31, 2026, Hancom WITH Inc trades at an EV/EBITDA multiple of 35.14 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.25 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 47.17 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Hancom WITH Inc trades at an EV/FCF ratio of 236.27, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 195.47B versus a market cap of 125.50B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.25
EV / EBITDA35.14
EV / EBIT47.17
EV / FCF236.27

Financial Position

As of March 31, 2026, Hancom WITH Inc maintains a current ratio of 0.32, meaning it holds 0.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 50.68, indicating elevated leverage, while an interest coverage ratio of 2.02 demonstrates limited ability to service its debt obligations.

Current Ratio0.32
Quick Ratio0.12
Debt / Equity50.68
Debt / EBITDA13.67
Interest Coverage2.02

Financial Efficiency

KRW

Over the twelve months ended March 31, 2026, Hancom WITH Inc posted a return on equity (ROE) of 4.06, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 1.72 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 2.50, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.59, useful for judging operating efficiency across full business cycles. The company generates approximately 14.67B in revenue per employee across its workforce of 53.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 783.64 indicates how many times Hancom WITH Inc sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)4.06
Return on Assets (ROA)2.50
Return on Invested Capital (ROIC)1.72
Return on Capital Employed (ROCE)3.59
Revenue Per Employee14.67B
Employee Count53.00
Inventory Turnover783.64

Taxes

KRW

Over the twelve months ended March 31, 2026, Hancom WITH Inc recorded 794.67M in income tax expense. That works out to an effective tax rate of 10.81, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 7.35B, leaving 5.85B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax794.67M
Effective Tax Rate10.81

Stock Price Statistics

KRW

As of the close on October 23, 2026, Hancom WITH Inc's stock has declined approximately 6.89% over the past 52 weeks. The 50-day moving average sits at 4,252.10, while the 200-day moving average is 4,679.13.

52-Week Price Change-6.89%
50-Day Moving Average4,252.10
200-Day Moving Average4,679.13

Income Statement

KRW

Over the twelve months ended March 31, 2026, Hancom WITH Inc generated 777.45B in revenue and converted that into 5.85B in net income, yielding earnings per share of 262.00. EBITDA reached 5.56B, while operating income came in at 4.14B.

Revenue777.45B
Gross Profit12.86B
Operating Income4.14B
Pretax Income7.35B
Net Income5.85B
EBITDA5.56B
EBIT4.14B
Earnings Per Share (EPS)262.00

Balance Sheet

KRW

As of March 31, 2026, Hancom WITH Inc holds 9.26B in cash and equivalents against 76.05B in total debt, resulting in a net debt position of 68.72B. Total book value stands at 146.85B, with working capital of -54.11B providing operational flexibility.

Cash & Cash Equivalents9.26B
Total Debt76.05B
Net Debt68.72B
Equity (Book Value)146.85B
Book Value Per Share5,844.86
Working Capital-54.11B

Cash Flow

KRW

Hancom WITH Inc produced -1.40B in operating cash flow over the twelve months ended March 31, 2026. After subtracting -234.53M in capital expenditures, free cash flow totaled -1.63B - equivalent to -65.19 per share.

Operating Cash Flow-1.40B
Capital Expenditures-234.53M
Free Cash Flow-1.63B
FCF Per Share-65.19

Margins

Over the twelve months ended March 31, 2026, Hancom WITH Inc posted a gross margin of 1.65, reflecting its pricing power and cost economics. The operating margin of 0.53 and net profit margin of 0.75 provide insight into operational efficiency.

Gross Margin1.65
Operating Margin0.53
Pretax Margin0.95
Profit Margin0.75
EBITDA Margin0.72

Dividends & Yields

These figures cover the twelve months ended March 31, 2026. Free cash flow yield is negative at -1.31: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -13.01, meaning Hancom WITH Inc raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-13.01
FCF Yield-1.31

Stock Splits

Hancom WITH Inc's most recent stock split took place on December 14, 2006 with a 283:356 split ratio.

Last Split Date12/14/2006
Split Ratio283:356

Scores

As of March 31, 2026, Hancom WITH Inc has an Altman Z-Score of 4.21, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.21