Using a Revenue DCF model with operating margin convergence from -4.1% to a target of 10.0% over 5 years, discounted at a WACC of 8.9%, WEBTOON Entertainment Inc. Common stock (WBTN) has an intrinsic value of $16.44 per share (range: $4.68 – $41.80).
Using a Revenue DCF model with operating margin convergence from -4.1% to a target of 10.0% over 5 years, discounted at a WACC of 8.9%, WEBTOON Entertainment Inc. Common stock (WBTN) has an intrinsic value of $13.72 per share (range: $3.56 – $35.93).
Using the industry peer median EV/Revenue multiple (trailing + forward), WEBTOON Entertainment Inc. Common stock (WBTN) has a fair value of $29.94 based on 7 comparable companies in the Software - Application industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| WEBTOON Entertainment Inc. Common stockWBTN | 1,733 | 0.8x | 0.9x |
| Diebold Nixdorf, Incorporated | 2,797 | 0.9x | 0.9x |
| Vishay Intertechnology, Inc. | 2,547 | 1.0x | 1.0x |
| Neptune Insurance Holdings Inc. | 2,454 | 16.8x | 17.3x |
| Grindr Inc. | 2,216 | 5.8x | 4.8x |
| Alarm.com Holdings, Inc. | 2,204 | 2.3x | 2.5x |
| Alkami Technology, Inc. | 1,781 | 4.7x | 6.2x |
| Sprinklr, Inc. | 1,530 | 1.6x | 1.7x |
| Industry Median | 2.3x | 2.5x | |
| (*) Revenue | 1,383 | 1,351 | |
| = Enterprise Value | 3,247 | 3,432 | |
| (-) Net Debt | -558 | -558 | |
| Equity Value | 3,805 | 3,990 | |
| (/) Outstanding shares | 130 | 130 | |
| Fair Price | $29 | $31 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.