Korea Credit Information Services earns money from debt collection, recovering money that was lent or sold on credit but not repaid on time on behalf of those owed, and from credit investigation, checking the creditworthiness of counterparties; because it takes a set percentage of the amount recovered as a fee, revenue is generated by people and know-how rather than large facilities or inventory. In March 2026 it voluntarily disclosed a corporate value-up plan, and just before that, in February, it decided on and reported the results of a treasury-share disposal, actually processing its own shares and signaling an intent to return value to shareholders. What stands out most recently is that with a 21% ROE, a 53% payout ratio and a dividend yield in the 5% range, its P/E on this year's projected earnings sits in an undervalued zone versus peers, and its collection demand tends to rise when a weak economy increases delinquencies, so it is not swayed by one side of the cycle alone; the caveat is that the pace of growth itself is only single digits each year, making it better suited to those expecting steady profits and dividends than fast capital gains.
At-a-glance assessment financial health · growth · profitability · valuation
- Debt ratio, current ratio and interest burden all look healthy.
- Revenue rose 3.9% year over year, and the pace is slowing (3-year trend: rising).
- Most recent quarter (Q1 2026) revenue was 2.7% higher than a year earlier.
- ROE is 21.1% (total-net basis). It is above the sector average.
- Operating margin is 9.4%.
Ownership & governance As of 2025-12-31
Largest shareholder Yoon Eui-kook 14% (individual)
Controlling bloc incl. related parties 43.4%
With the controlling bloc holding 43%, the ownership structure is stable.
🔎 In-depth analysis
- Korea Credit Information Services earns money from debt collection, recovering money that was lent or sold on credit but not repaid on time on behalf of those owed, and from credit investigation, checking the creditworthiness of counterparties.
- Because it takes a set percentage of the amount recovered as a fee, revenue is generated by people and know-how without large facilities or inventory.
- By the site's classification it is grouped under business-support and rental services, but its actual core business is closer to credit-information services.
- When a weak economy increases delinquencies, the receivables to be recovered rise along with it, so the industry itself is not tied to just one side of the cycle.
- The latest close is ₩9,400 and market capitalization is ₩134.4 billion.
- The price sits below the 20-day line (₩9,604) and below the 60-day line (₩9,838).
- Being under both the short- and mid-term moving averages, the trend is on the soft side.
- RSI (a supplementary gauge that scores the strength of up moves against down moves over the last 14 days on a 0-100 scale) is 36.1, a neutral level.
- The one-month change is -2.2%, the three-month change is -8.1%, and the position versus the 52-week high is -16.3%.
- Relative strength versus KOSDAQ is 75 (1-99, converted from returns against the index over the past year with more weight on the recent period; higher means stronger than the market).
- That places it in roughly the top 25% of all stocks by strength.
- Over the past three months it outran the index by 26.2%.
- Chart reading works best when volume and disclosure dates are viewed together.
- Recent annual revenue was ₩178.0 billion, with operating profit of ₩16.7 billion and net profit of ₩13.3 billion, steadily delivering a 9.4% operating margin and a 7.5% net margin.
- ROE (how much is earned in a year on equity) is 21.1%, clearly above the sector average, so it is a company that makes profits efficiently with little capital.
- The debt ratio is 181.5%, but with a 190% current ratio and an interest coverage ratio of 21x, its earnings cover interest 21 times over, so the quality of the debt is not a burdensome level.
- With a 53% payout ratio it returns about half of what it earns to shareholders, and the dividend yield is in the 5% range.
- A 10.2x P/E and a 2.2x P/B may look high against book value, but for a company with a high 21% ROE, which means it works its assets that well, a P/B above 1x is natural, and this is not something to read directly as an expensive signal.
- Revenue rose without a miss every year from ₩145.2 billion in 2021 to ₩178.0 billion in 2025, and operating profit grew alongside it from ₩12.5 billion to ₩16.7 billion.
- It is not large-scale growth, but with steady delinquency and collection demand, revenue and profit stack in one direction, a stable-growth type.
- In the first quarter of 2026 revenue rose +2.7% and operating profit +10.8%, so the core business's margins actually improved (net profit was -3.1% on a temporary cost).
- This year's projected operating profit of ₩17.9 billion and projected net profit of ₩12.0 billion reflect this first-quarter result and the collection demand and fee rates the company has built up, a flow that steps up another notch from ₩16.7 billion last year.
- The forward P/E of 11.13x is priced against these rising earnings this year.
- There is as yet no basis to expect profit to fall below this year's level from next year on, so it is hard to view this year's figures as a one-off flash.
- Recent disclosures lean toward shareholder returns and raising corporate value.
- On March 10, 2026 the company put forward a corporate value-up plan (voluntary disclosure), a plan to lift its own value, and just before that it actually processed its own shares via a February 9, 2026 treasury-share disposal decision and a February 19, 2026 results report.
- A treasury-share disposal and a value-up plan are signals of an intent to return value, so it is worth checking whether the profits and cash flow that follow support them, alongside the quarterly results.
- The strengths are clear.
- With a 21% ROE profitability is high, with a 53% payout ratio and a dividend yield in the 5% range returns are thick, and the quality of the debt is stable.
- Even so, its P/E on this year's projected earnings sits in an undervalued zone versus peers, a picture of carrying good profitability and dividends at a relatively cheap price.
- The debt-collection core business is also supported by the fact that collection demand rises when a weak economy increases delinquencies, so it is not swayed by one side of the cycle alone.
- That said, the pace of growth itself is only single digits each year, so it is strong from the standpoint of those expecting steady profits and dividends rather than fast capital gains.
- With a smaller market cap, it is safer to allow that a single disclosure can affect the share count or the balance sheet more than usual.
🔎 Valuation vs peers Undervalued
A set of business-support and rental-services companies of comparable market capitalization.
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hyosung ITX | 8.81x | 1.81x | 20.57% |
| Red Cap Tour | 7.05x | 0.83x | 11.77% |
| Modetour | 17.55x | 1.67x | 9.52% |
We looked first at a public-data peer set of similar market cap within business-support and rental services. The current P/E ratio (how many times a year's earnings the price is) is 10.14x and the P/B (how many times book value the price is) is 2.14x. That said, smaller-cap names are heavily affected by earnings swings and financing disclosures, so we did not draw firm conclusions from last year's confirmed-results metrics alone. The outlook box is based on a DART seasonality approximation.
Earnings outlook company-stated · verified
| Type | Period | Revenue | Operating profit | Net profit |
|---|---|---|---|---|
| This year | 2026 | ₩183.8 billion | ₩17.9 billion | ₩12.0 billion |
| Next quarter | Q2 2026 | ₩46.3 billion | ₩4.5 billion | ₩2.9 billion |
Price history Close · MA20 · MA60
The latest close is ₩9,400 and the market capitalization is ₩134.4 billion. The price sits below its 20-day moving average (₩9,604) and below its 60-day moving average (₩9,838). It is under both its short- and medium-term moving averages, so the trend looks subdued. The RSI (a supplementary indicator that gauges the strength of gains versus losses over the past 14 days on a 0-100 scale) is 36.1, a neutral level. The one-month change is -2.2%, the three-month change is -8.1%, and the position relative to the 52-week high is -16.3%. Relative strength versus the KOSDAQ is 75 (on a 1-99 scale, converted from returns against the index over the past year with more weight on recent performance; higher means stronger than the market). It is stronger than roughly 75% of all stocks. Over the past three months it outpaced the index by 26.2%. Chart interpretation is best done alongside trading volume and the dates on which disclosures occur.
Relative performance stock vs index · start = 100
Excess return vs index · 3M +26.25% / 6M +10.96% / 12M -6.82%
Key metrics vs sector median
Valuation
The P/E of 10.14x is below the sector median (16.27x). The P/B of 2.14x is in line with the sector median (1.98x).
Enterprise value (EV)
EV = market cap + net debt. It reflects cash and debt, so it captures the real cost of the whole business that market cap alone misses; lower multiples are cheaper relative to earnings or sales.
Intrinsic value (DCF estimate)
DCF (discounted cash flow) estimate — discount rate 9.2%, initial growth 2.0%→terminal 2.0%, 10-yr forecast, free-cash-flow basis, forward earnings power normalized 0.911x. A reference range that shifts materially with assumptions.
Profitability & financials
Return on equity (ROE) is 21.1%, above the sector average (15.0%). The operating margin is 9.4%. The debt ratio is 181.5%, so the financial structure is moderate.
Growth FY2025 · annual report (consolidated)
| Item | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|
| Revenue | $104.9M | $113.5M | $118.0M | +3.92% ↓ slower |
| Operating profit | $8.7M | $10.1M | $11.1M | +9.34% ↓ slower |
| Net profit | $7.8M | $8.8M | $8.8M | +0.19% ↓ slower |
| 5-year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $96.2M | $97.3M | $104.9M | $113.5M | $118.0M |
| Operating profit | $8.3M | $7.9M | $8.7M | $10.1M | $11.1M |
| Net profit | $6.5M | $7.0M | $7.8M | $8.8M | $8.8M |
| Revenue CAGR | 4-yr avg 5.22% | ||||
Revenue rose 3.9% year over year (2023 ₩158.2 billion → 2024 ₩171.3 billion → 2025 ₩178.0 billion), and the three-year trend is 'rising'. That said, the pace of growth slowed from the prior year. Operating profit rose 9.3% year over year. The pace of that profit growth is gradually easing. Over the 5 years on record, revenue compound annual growth (CAGR) is 5.2%. The two-year revenue CAGR is 6.1%. In the most recent quarter (Q1 2026), revenue was 2.7% higher than the same period a year earlier.
Latest quarterly results Q1 2026 · vs year-ago
Technical indicators
What stands out
- The dividend yield, at 5.3%, is on the high side.
- ROE of 21.1% points to solid profitability.
- The balance sheet is stable in terms of debt and liquidity.
Points to watch
- Revenue rose 3.9% year over year, and the pace is slowing (3-year trend: rising).
Recent news & events searched · sourced
- 2026-03-10UpdateCorporate value-up plan (voluntary disclosure) (2026): check the original company planThis is planning material the company itself put forward. If it contains figures, treat it as a primary basis for the outlook box; if not, view it only as directional material. Source
- 2026-02-19UpdateReport on the results of a treasury-share disposal: check the return termsThis disclosure concerns cash returns or a change in the share count. Check whether earnings strength and cash flow support it. Source
- 2026-02-09UpdateMaterial report (treasury-share disposal decision): check the return termsThis disclosure concerns cash returns or a change in the share count. Check whether earnings strength and cash flow support it. Source
Figure cross-check computed ↔ external
| Metric | Computed | External | Status | Source |
|---|---|---|---|---|
| Closing price | ₩9,400 | ₩9,400 | Confirmed | link |
| Latest quarterly results | revenue ₩43.8 billion, operating profit ₩3.7 billion | revenue ₩43.8 billion, operating profit ₩3.7 billion | Confirmed | link |
| Annual results | revenue ₩178.0 billion, operating profit ₩16.7 billion | revenue ₩178.0 billion, operating profit ₩16.7 billion | Confirmed | link |
| Original outlook/plan disclosure text | : | : | Confirmed | link |
| Original shareholder-return disclosure text | : | : | Confirmed | link |
| Original shareholder-return disclosure text | : | : | Confirmed | link |
| Outlook-box basis | DART | DART | Confirmed | link |
Recent filings
- 2026-06-04Dividend disclosure
- 2026-05-15PeriodicQuarterly report
- 2026-04-21Disclosure
- 2026-03-25Disclosure
- 2026-03-25Disclosure
- 2026-03-25Shareholders' meeting notice
- 2026-03-17PeriodicAnnual business report
- 2026-03-10Disclosure
- 2026-03-09Shareholders' meeting notice
- 2026-03-09Shareholders' meeting notice
- 2026-03-09Shareholders' meeting notice
- 2026-03-06Audit report
📖 Plain-language glossary — expand if you are new to this
- P/E
- How many times a year's net profit the price is worth (lower is cheaper relative to earnings). The P/E here is on trailing (last full-year) results; for companies whose earnings swing fast (memory chips and other cyclicals/high-growth), a forward P/E on this year's expected earnings is more accurate.
- P/B
- Price relative to net assets (equity). Around 1x means it trades near book value; below 1x means below book.
- P/S
- Price relative to a year's revenue — useful for growth companies with thin earnings.
- Net debt / EV
- Net debt = interest-bearing debt − cash. Negative means more cash than debt (net cash). EV (enterprise value) = market cap + net debt, closer to what it would cost to buy the whole business.
- EV/EBIT · EV/EBITDA · EV/Sales
- Enterprise value against operating profit (EBIT), EBITDA, or revenue. Unlike P/E these reflect debt and cash; lower is cheaper relative to earnings power or sales.
- FCF / FCF yield
- Free cash flow = operating cash − capex, the cash actually left over. FCF yield = FCF ÷ market cap; higher means more cash generated per unit of market value.
- Intrinsic value (DCF)
- Future free cash flow (or, for some capex-heavy but profitable names, forecast earnings) discounted to today to estimate per-share value. Because it shifts a lot with the discount-rate and growth assumptions, it is shown as a bear/base/bull range, and the basis and assumptions are disclosed in one line beneath it.
- ROE
- How much profit the company earns in a year on its equity (%). Higher means better returns on capital.
- EPS / BPS
- Earnings per share / net assets (book value) per share.
- Operating / net margin
- Profit left from the core business / final profit after tax and interest, per unit of revenue.
- Debt ratio
- Debt relative to equity (%). Higher means more reliance on borrowing (norms vary by sector).
- Current ratio
- Assets convertible to cash within a year against debt due within a year. Above 100% leaves some short-term headroom.
- Interest coverage
- How many times operating profit covers the interest owed. Below 1x means operating profit alone struggles to cover interest.
- Dividend yield / payout ratio
- The year's dividend as a % of today's price / the share of earnings paid out as dividends.
- Revenue CAGR
- Multi-year growth expressed as a single yearly average (compound annual growth rate).
- RSI (short-term signal)
- Whether recent price action is overheated or beaten down. Above 70 is overbought, below 30 oversold.
- MA20 / MA60 (moving averages)
- The 20- and 60-day average price. Price above them signals a firmer short-term trend.
- vs 52-week high
- How far below the past year's peak the price sits now (%).
All figures are for reference only; how they read varies by sector and over time.
Sources: Korea FSC market-price API (data.go.kr), OpenDART, KRX/KIND — public data only.
Bong Stocks presents public-data-based information for reference only. It is not investment advice and contains no target prices, ratings, or buy/sell recommendations. Verify independently before making any decision.