Company Valuation: FreeT, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 211,011 344,264 143,325 140,686 179,475 79,114
Change - 63.15% -58.37% -1.84% 27.57% -55.92%
Enterprise Value (EV) 1 215,613 347,051 150,061 148,052 189,251 100,438
Change - 60.96% -56.76% -1.34% 27.83% -46.93%
P/E 22.2x 63.2x -19.5x -4.6x 59.4x -1.86x
PBR 4.92x 5.23x 2.28x 3.67x 3.79x 5.22x
PEG - -1.3x 0x -0x -1x 0x
Capitalization / Revenue 3.65x 4.8x 1.87x 1.41x 1.79x 0.75x
EV / Revenue 3.73x 4.84x 1.96x 1.48x 1.88x 0.95x
EV / EBITDA 243x -77.8x -41.4x -167x -64x -17.3x
EV / EBIT -249x -62x -30.2x -60x -38.8x -12.7x
EV / FCF -44x -210x -36.8x -102x -94.2x -9.4x
FCF Yield -2.28% -0.48% -2.72% -0.98% -1.06% -10.6%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 95.15 50 -66.21 -266.7 25.49 -341
Distribution rate - - - - - -
Net sales 1 57,818 71,666 76,678 99,811 100,534 105,558
EBITDA 1 887 -4,463 -3,626 -888.3 -2,959 -5,794
EBIT 1 -866.4 -5,595 -4,974 -2,466 -4,880 -7,881
Net income 1 9,306 5,304 -7,231 -30,177 2,979 -41,557
Net Debt 1 4,602 2,787 6,736 7,367 9,776 21,324
Reference price 2 2,110.00 3,160.00 1,290.00 1,227.00 1,515.00 633.00
Nbr of stocks (in thousands) 100,005 108,944 111,105 114,658 118,465 124,982
Announcement Date 22/03/21 21/03/22 22/03/23 21/03/24 21/03/25 07/04/26
1KRW in Million2KRW
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 26.1M
41.16x6.23x10.95x1.09% 122B
17.2x2.03x7.83x4.3% 60.92B
13.36x1.94x4.14x2.63% 24.41B
-115.29x9.03x11.32x2.68% 21.8B
14.09x2.98x6.73x3.85% 19.76B
-6x8.01x18.99x-.--% 16.53B
12.72x2.5x6.51x5.1% 12.56B
13.11x4.89x10.69x6.19% 12.52B
26.33x3.58x10.58x3.83% 12.19B
Average 1.85x 4.58x 9.75x 3.3% 30.29B
Weighted average by Cap. 15.57x 4.81x 9.75x 2.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!