The stock price of Megastudy Education is on the rise. It appears that expectations of actively implementing shareholder return measures through the recently announced shareholder value enhancement plan are influencing the stock price.
As of 10:55 AM on the 16th, Megastudy Education is trading at 60,900 KRW, up 15.12% compared to the previous day.
Jiyoon Jeong, a researcher at NH Investment & Securities, explained, "Megastudy Education announced a shareholder return policy amounting to 60% of the separate net profit excluding non-recurring gains and losses for three years from this year through 2026," adding, "They specified plans to cancel all treasury shares within one year after repurchase."
He continued, "Assuming approximately 60 billion KRW, which corresponds to 60% of the estimated separate net profit, as the source for shareholder returns, the estimated dividend yield is 6.8%," and analyzed, "The expected price-to-earnings ratio (PER) for this year is 5.8 times, indicating low valuation pressure." Additionally, he noted, "The high school division is demonstrating stable performance as expected, and the subsidiary Ivy Kim Young and the core civil service business continue to reduce deficits."
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