Webzen Inc (069080) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Webzen Inc stock KRW 8,568, price KRW 12,590, that is 31.9% below the price, quality 59 out of 100. Rating: overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 9,780 KRW – 30,130 KRW · fair‑value band 6,428 KRW – 10,721 KRW · the 12,590 KRW price screens above the 8,568 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Webzen Inc., a game company, engages in the PC, online, and mobile gaming business worldwide.
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It operates Webzen.com, a game portal; and WEBZEN.CO.KR. The company provides various game genres, such as the Korea Full 3D online game MU Online; MU Origin and MU IP franchising mobile games; and other online/mobile/sport games.
Webzen Inc. was founded in 2000 and is headquartered in Seongnam, South Korea.
Stock analysis
Webzen Inc (069080) currently trades at 12,590 KRW, while our model-based Fair Value estimate is 8,568 KRW, 32% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 16,888 KRW per share, and 8 of the 24 models we run sit above the 12,590 KRW price.
Bear case: the Dividend Discount group reads lowest at 1,979 KRW, and 16 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 6,428 KRW (bear) to 10,721 KRW (bull), the price of 12,590 KRW sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Webzen Inc reported revenue of 174B KRW in FY2025 versus 285B KRW in FY2021, a compound −11.5%/yr. Reported net income was 24.0B KRW in FY2025, compounding −27.5%/yr from FY2021.
Key figures
Market cap 366B KRW (≈ $271M) Micro · P/S ratio 1.21 · Dividend yield 2.3% · Net margin 30.2% · Return on equity 581% · Return on assets (EBIT) 9.6% (5-year average) · Operating margin 34.3% · Revenue (TTM) 268B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 76 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 29% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 52% fair-value upside, at −32%, 069080 screens richer than that median.
Fair Value models
Bear6,428 KRWFair Value 8,568 KRWBull10,721 KRW
Price 12,590 KRW · Downside -31.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.34/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−18.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−9.9%
Start year 2020 (pandemic). Over 10 years: −3.2% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.4%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−19.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−21.7%
Dividend (yield on the price)2.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−21.7% vs −5.4%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.37% → 17%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software & IT Services · 33 stocks
Beats the industry median on 7/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside−31.9% · Below median
Profitability
Return on assets3.1% · Above median
Net margin (12 months)30.2% · Top 25%
Operating margin (12 months)34.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−10.3% · Below median
Dividend yield (12 months)2.3% · Above median
Valuation Multiplesvs Software & IT Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Webzen Inc Fair Value". https://www.fairvalue-calculator.com/stock/069080
Frequently asked questions
Is Webzen Inc (069080) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 8,568 KRW versus a price of 12,590 KRW, about 32% lower (overvalued).
What is the fair value of 069080?
Our model-based fair value for Webzen Inc is 8,568 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 12,590 KRW.
What is the quality score of 069080?
Webzen Inc has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Webzen Inc (069080)?
Our model-based price target is the fair value of 8,568 KRW (as of Nov 8, 2026) from 24 valuation models. Cautious scenario 6,428 KRW, optimistic scenario 10,721 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Webzen Inc stock forecast for 2026?
Our models put fair value at 8,568 KRW, about 32% lower versus a price of 12,590 KRW (overvalued). Cautious scenario 6,428 KRW, optimistic scenario 10,721 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Webzen Inc (069080)?
Webzen Inc reported trailing-twelve-month revenue of about 268B KRW (latest available figure, as of Nov 8, 2026).
Does Webzen Inc pay a dividend?
Webzen Inc currently shows a dividend yield of 2.30% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Webzen Inc (069080)?
Webzen Inc has a dividend yield of 2.3%. A dividend has been paid every year since 2022. Our assessment: Safety not assessed. Payout ratio and cash coverage are not available, so we do not judge how safe this dividend is.
What growth is priced into Webzen Inc (069080)?
For today's price to be fair in a discounted-cash-flow model, Webzen Inc would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 14.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -9.9 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 069080 use?
Our models discount Webzen Inc at 14.3 %: a base by market capitalisation (micro), damped by beta 1.35, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Webzen Inc that is less than minus 40 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.3 %) and the same formula as our fair value.
How much growth has Webzen Inc (069080) delivered so far?
Over the past 5 years revenue at Webzen Inc grew -9.9 % a year. The price currently implies free-cash-flow growth of less than minus 40 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Webzen Inc (069080) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Webzen Inc (less than minus 40 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Webzen Inc (069080)?
The free-cash-flow yield on the price is 2.39 %: that much free cash flow Webzen Inc produces per unit of market value. When it exceeds the discount rate of our models (14.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Webzen Inc (069080)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Webzen Inc it is 8,568 KRW per share (as of Nov 8, 2026), against a price of 12,590 KRW. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Webzen Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 069080 trades above its calculated fair value: price 12,590 KRW, fair value 8,568 KRW, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 069080?
No. The price is what the market pays today (12,590 KRW); the fair value is what the company's own numbers justify (8,568 KRW). For Webzen Inc the two are 4,022 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Webzen Inc worth?
The market values Webzen Inc at about 366B KRW (market capitalisation, as of Nov 8, 2026). Per share that is 12,590 KRW; our models calculate a fair value of 8,568 KRW per share.
What do the bullish and bearish scenarios say about 069080?
Our models span a range for Webzen Inc: cautious scenario 6,428 KRW, base 8,568 KRW, optimistic 10,721 KRW per share (as of Nov 8, 2026, price 12,590 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 069080 from its 52-week high?
Webzen Inc trades at 12,590 KRW, about 30% below its 52-week high of 17,990 KRW and 29% above the low of 9,780 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 8,568 KRW is for.
Which stocks are comparable to Webzen Inc?
From the same area (Technology) we also value Gabia Inc, KINX, Inc, Wemade Co, AfreecaTV Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Webzen Inc stock attractive at the current price?
The data as of Nov 8, 2026: price 12,590 KRW, calculated fair value 8,568 KRW (−32%), Quality Score 59/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 069080 calculated?
We run Webzen Inc through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 8,568 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Webzen Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Webzen Inc (069080)?
The closing price on Nov 6, 2026 was 12,590 KRW. Our model-based fair value is 8,568 KRW, about 32% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Webzen Inc right now?
The price sits above even our optimistic bull case (10,721 KRW). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Webzen Inc
How large is the market capitalisation of Webzen Inc (069080)?
The market capitalisation of Webzen Inc is 366B KRW (≈ $271M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Webzen Inc (069080)?
The price-to-sales ratio of Webzen Inc is 1.21 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Webzen Inc (069080)?
The dividend yield of Webzen Inc is 2.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Webzen Inc (069080)?
The net margin of Webzen Inc is 30.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Webzen Inc (069080)?
The return on equity (ROE) of Webzen Inc is 581% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Webzen Inc (069080)?
On an EBIT basis the return on assets of Webzen Inc is 9.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Webzen Inc (069080)?
The operating margin of Webzen Inc is 34.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Webzen Inc (069080)?
Revenue at Webzen Inc is growing −10.3% versus a year earlier (3y avg −10.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Webzen Inc (069080)?
Earnings per share at Webzen Inc are growing +33.7% versus a year earlier. How much earnings per share grew versus a year earlier.
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Nov 8, 2026