[특징주] Naver, Coupang effect?… Closed for 4 days in a row (total)

During the intraday, the first 400,000 won after the split in 2018

Naver Bundang office building in Bundang-gu, Seongnam-si [연합뉴스 자료사진]

Naver Bundang office building in Bundang-gu, Seongnam-si [연합뉴스 자료사진]

(Seoul = Yonhap News) Reporter Taejong Kim = Naver[035420]On the 16th, the stock market closed for 4 consecutive trading days.

On this day, Naver finished the transaction at 394,000 won, up 2.20% (8,500 won) from the previous day.

It is closed for 4 consecutive trading days from the 9th.

Considering that it ended at 292,000 won at the end of last year, it has risen more than 30% this year alone, showing a steep rise.

In particular, on this day, it soared to 405,000 won during the intraday, exceeding 400,000 won for the first time after the par value split (500 won → 100 won) in October 2018.

LG Chem’s market cap also increased to 64 trillion won[051910](69 trillion won) followed closely.

This rise in Naver’s share price is primarily attributed to strong earnings.

Naver announced on the 28th of last month that it posted a consolidated sales of 5,334.1 billion won and an operating profit of 1.2153 billion won last year. It is an all-time high, up 21.8% and 5.2%, respectively, from 2019.

There is also an analysis of the’effects of Coupang’ ahead of entering the New York Stock Exchange.

Samsung Securities said, “Coupang’s estimated market capitalization, which was reported from 30 billion dollars (about 33 trillion won) until last January, has risen to 50 billion dollars (about 55 trillion won) in one month.” “The business feasibility of Korean e-commerce is being re-examined.”

“This means that not only Coupang, but also other domestic companies that are successfully pursuing e-commerce businesses need to increase their value.”

Researchers Park Eun-kyung and Oh Dong-hwan said, “Last year, the transaction volume between Coupang and Naver Shopping was 22 trillion won and 27 trillion won, respectively, exceeding Coupang by 25%.” “There is a valuation premium element such as synergy of the company,” he analyzed.

“Considering this, Naver Commerce’s corporate value is expected to increase to a level comparable to Coupang’s valuation.” The corporate value of Naver Commerce is also expected to be evaluated at least 29 trillion won,” he predicted.

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