Inswave Co., Ltd. (KOSDAQ:450520)

Inswave Statistics

Total Valuation

Inswave has a market cap or net worth of KRW 43.97 billion. The enterprise value is 38.30 billion.

Market Cap	43.97B
Enterprise Value	38.30B

Important Dates

The last earnings date was Friday, November 14, 2025.

Earnings Date	Nov 14, 2025
Ex-Dividend Date	n/a

Share Statistics

Inswave has 14.70 million shares outstanding. The number of shares has decreased by -0.05% in one year.

Current Share Class	14.70M
Shares Outstanding	14.70M
Shares Change (YoY)	-0.05%
Shares Change (QoQ)	+0.73%
Owned by Insiders (%)	60.52%
Owned by Institutions (%)	n/a
Float	5.56M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	1.13
PB Ratio	1.09
P/TBV Ratio	1.19
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-11.02
EV / Sales	0.98
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	-4.23

Financial Position

The company has a current ratio of 5.33, with a Debt / Equity ratio of 0.16.

Current Ratio	5.33
Quick Ratio	2.62
Debt / Equity	0.16
Debt / EBITDA	n/a
Debt / FCF	-0.72
Interest Coverage	-12.30

Financial Efficiency

Return on equity (ROE) is -8.23% and return on invested capital (ROIC) is -14.21%.

Return on Equity (ROE)	-8.23%
Return on Assets (ROA)	-5.61%
Return on Invested Capital (ROIC)	-14.21%
Return on Capital Employed (ROCE)	-10.65%
Weighted Average Cost of Capital (WACC)	11.06%
Revenue Per Employee	233.28M
Profits Per Employee	-20.82M
Employee Count	167
Asset Turnover	0.72
Inventory Turnover	n/a

Taxes

Income Tax	-1.08B
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -21.09% in the last 52 weeks. The beta is 0.76, so Inswave's price volatility has been lower than the market average.

Beta (5Y)	0.76
52-Week Price Change	-21.09%
50-Day Moving Average	3,161.00
200-Day Moving Average	3,702.90
Relative Strength Index (RSI)	48.73
Average Volume (20 Days)	42,839

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Inswave had revenue of KRW 38.96 billion and -3.48 billion in losses. Loss per share was -236.00.

Revenue	38.96B
Gross Profit	13.14B
Operating Income	-4.86B
Pretax Income	-4.55B
Net Income	-3.48B
EBITDA	-2.77B
EBIT	-4.86B
Loss Per Share	-236.00

Balance Sheet

The company has 12.15 billion in cash and 6.48 billion in debt, with a net cash position of 5.66 billion or 385.05 per share.

Cash & Cash Equivalents	12.15B
Total Debt	6.48B
Net Cash	5.66B
Net Cash Per Share	385.05
Equity (Book Value)	40.51B
Book Value Per Share	2,734.93
Working Capital	31.12B

Cash Flow

In the last 12 months, operating cash flow was -8.40 billion and capital expenditures -654.95 million, giving a free cash flow of -9.05 billion.

Operating Cash Flow	-8.40B
Capital Expenditures	-654.95M
Depreciation & Amortization	2.08B
Net Borrowing	757.29M
Free Cash Flow	-9.05B
FCF Per Share	-615.71

Margins

Gross margin is 33.72%, with operating and profit margins of -12.46% and -8.92%.

Gross Margin	33.72%
Operating Margin	-12.46%
Pretax Margin	-11.69%
Profit Margin	-8.92%
EBITDA Margin	-7.11%
EBIT Margin	-12.46%
FCF Margin	n/a

Dividends & Yields

Inswave does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	0.05%
Shareholder Yield	0.05%
Earnings Yield	-7.91%
FCF Yield	-20.59%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on June 28, 2024. It was a forward split with a ratio of 3.

Last Split Date	Jun 28, 2024
Split Type	Forward
Split Ratio	3

Scores

Inswave has an Altman Z-Score of 4.36 and a Piotroski F-Score of 1.

Altman Z-Score	4.36
Piotroski F-Score	1