Added to YB: 2026-07-23
Pitch date: 2026-07-21
339950.KQ [bullish]
Ibkimyoung Co., Ltd.
+1.82%
current return
Author Info
Numbers not Narrative digs into overlooked small and micro caps where the numbers tell a better story than the market does. Sign up for the newsletter.
Company Info
Ibkimyoung Co., Ltd. engages in the operation of academies in South Korea. It also develops, produces, and sells educational solutions and content.
Market Cap
KRW 118.4B
Pitch Price
KRW 2.7K
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.60
P/E
5.60
EV/Sales
0.74
Sector
Diversified Consumer Services
Category
value
A 150% Return on Capital, a 15% Yield, and a Catch: The Korean Microcap the Screeners Miss - IB Kimyoung
339950.KQ: Korean cram-school leader (~80% share, prep for university-transfer exam) trades under 2.5x EV/EBIT ex-cash. Core earns ~152% ROIC on ₩16bn used, 70%+ gross margin. ~15% dividend paid from FCF. 1/3 mkt cap in cash. Risk: Megastudy owns 55%, poor capital allocation (rescues losing IT sub, buys office from parent). SOTP >₩200bn vs ₩115bn cap. Paid to wait; cash surfacing optional upside.
Read full article (5 min)