MegaStudy Co., Ltd.

MegaStudy Co., Ltd.

KKRX:072870
13,140.00
KRW
-130.00
(-0.98%)
2,829.88EPS
4.77P/E
138.14BMarket 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
26,706.5
11,522.24
18,401.19
12,671.7
3,717.66
11,346.33
11,821.11
11,212.57
11,267.18
10,443.08
9,449.47
11,771.13
11,157.2
11,049.79
Basic EPS, GAAP
3,206.41
3,241.36
8,328.67
-98.33
-46.33
1,915
1,069
1,786
2,145
1,637
1,900
1,412
2,393
2,537.95
Free Cash Flow per Basic Share
521.4
-563.69
4,997.33
66.42
-177.75
733.64
1,035.5
1,554.68
2,235.04
-6.7
380.84
3,321.6
2,661.66
2,963.73
Dividend per Share
1,578.68
1,052.49
1,013.49
443.11
136
335.6
450.03
339.88
844.76
777.71
1,063.09
855.31
866.92
862.99
Book Value per Share
31,656.4
33,916.54
21,100.35
20,460.86
20,174.24
21,814.14
22,485.8
23,867.35
25,244.4
26,478.24
27,337.75
27,840.87
29,431.9
28,494.89
Tangible Book Value per Share
29,211.75
30,299.77
19,590.9
18,139.34
18,904.1
20,418.38
21,385.13
22,741.31
24,525.63
25,689.05
26,703.84
27,185.73
28,802.6
27,849.45
Basic Weighted Avg Shares
12
12
14
12
36
12
12
12
12
12
11
11
11
11
Sales/Revenue/Turnover
316,834
136,689
249,366
150,220
132,089
134,558
140,194
132,954
133,624
121,601
107,785
134,264
127,285
126,045
Operating Margin (%)
15.84
7.57
11.45
-1.77
-10.08
4.94
1.65
8.35
11.9
10.52
9.61
17.71
16.14
16.19
Depreciation Expense
13,276
15,134
10,521
10,928
10,740
8,377
16,652
16,485
15,469
12,999
10,495
17,004
18,120
17,786
Net Income, GAAP
38,039
38,453
112,867
-1,166
-1,646
22,710
12,678
21,178
25,439
19,061
21,672
16,106
27,300
28,950
Effective Tax Rate (%)
24.46
29.82
12.56
- -
285
19.88
31.55
21.75
23.66
26.2
21.73
18.51
16.5
17.83
Profit Margin (%)
12.01
28.13
45.26
-0.78
-1.25
16.88
9.04
15.93
19.04
15.68
20.11
12
21.45
22.97
Working Capital
108,827
202,040
134,746
97,404
81,792
112,241
82,714
109,596
114,021
154,654
39,092
-21,141
-2,916
11,879
LT Debt
- -
52,007
1,320
- -
- -
- -
3,451
8,655
6,215
7,159
28,879
34,199
32,007
29,541
Total Equity
392,726
422,836
287,732
281,592
271,541
291,308
297,626
315,147
333,151
340,534
347,991
355,761
373,178
362,945
Return on Invested Capital (%)
9.74
1.65
6.42
- -
8.71
1.8
0.53
2.64
3.54
2.53
2.18
4.77
3.94
3.99
Return on Capital (%)
9.15
8.49
27.56
- -
-0.13
7.72
4.77
6.39
6.36
5.19
6.59
4.05
6.46
6.75
Return on Common Equity (%)
10.36
9.89
34.59
-0.47
-0.68
9.12
4.83
7.71
8.74
6.34
7.06
5.12
8.36
9.1

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
33,136
34,882
31,689
LT Borrowings
6,000
6,000
6,000
LT Finance Leases
27,026
26,007
23,541
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
127,872
125,135
138,139

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
113,486
125,425
155,610
Cash, Cash Equivalents & STI
96,579
104,771
135,932
Accounts Receivable, Net
11,881
12,999
11,784
Inventories
1,717
2,110
2,197
Total Current Liabilities
129,933
128,341
143,731
Payables & Accruals
- -
- -
- -
ST Debt
33,136
34,882
31,689
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.69%
3.45%
4.9%
Free Cash Flow
-611.75%
-994.02%
-19.85%
Net Income, GAAP
-146.39%
10.51%
69.51%
Sales/Revenue/Turnover
-5.14%
-0.1%
-5.2%
Total Cash Common Dividend
7.69%
30.94%
1.38%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28,872
38,162
36,385
30,845
134,264
2025
28,808
35,907
34,299
28,271
127,285
2026
27,568
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
473
543
613
-216.85
1,412
2025
256
784.66
875.61
476.78
2,393
2026
400.9
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.88
853.38
- -
0.89
855.31
2025
4.02
862.99
- -
- -
866.92
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
227
Sector
Consumer services
Industry
Other consumer services
Address
Seoul South Korea
IPO Date
Dec 21, 2004
Business
MegaStudy Co., Ltd. is a South Korea-based operating and holding company primarily engaged in adult education services, leisure facility management, venture capital investment, educational publishing, and institutional catering. Founded in 2000 and headquartered in Seoul, South Korea, the company operates across diverse business divisions serving individual learners, corporate clients, and institutional consumers throughout South Korea. The company provides a systematic range of products and services across core operational segments: adult professional education and certification training, comprising specialized legal examination preparation via MegaLawSchool, patent attorney qualification programs via MegaPatent, certified real estate agent courses via MegaLand, and accredited distance learning through Mega Remote Lifelong Education Center; educational publishing and digital content distribution, including instructional textbooks, examination preparation guides, and academic workbooks published under the MegaStudy BOOKS brand; leisure and hospitality operations, encompassing the ownership, operation, and asset management of commercial golf courses; institutional food services and catering, providing daily meal supply and cafeteria management for educational facilities and business sites; and venture capital investment, deploying early-stage capital and strategic financing into education technology, digital media, and consumer innovation enterprises via subsidiaries including Thanks Ventures. In recent developments, MegaStudy Co., Ltd. has accelerated its strategic transition toward a diversified asset-backed business model, with leisure and golf course operations expanding to become a core revenue generator alongside its education portfolio. In operational reorganizations, the company completed the divestment of its civil service examination test-preparation business to NextStudy in December 2024 to streamline operational efficiency, eliminate non-core loss-making divisions, and reallocate capital toward high-yield professional education segments and emerging technology investments.