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035420 · KRX · South Korea · Technology
In shortNaver Corporation is profitable, generates cash and holds more cash than debt, with revenue growing (+12.1% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 18.3% | 78/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 16.2% | 85/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 7.4% | 37/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.4% | 36/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.36× | 47/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.11× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.93× | 23/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.41 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 15.5% | 82/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.95× | 82/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 7.1% | 85/100 |
| Operating margin volatility | 1.8% | 93/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 13.6% | 92/100 |
|---|---|---|
| EPS growth, 3-year average | 37.3% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
KRW millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 6,817,600 | 8,220,079 | 9,670,644 | 10,737,719 | 12,035,007 |
| Operating income | 1,325,478 | 1,304,664 | 1,488,820 | 1,979,263 | 2,208,138 |
| Interest expense | 349,334 | 931,523 | 682,768 | 578,866 | 561,520 |
| Pre-tax income | 2,126,400 | 1,083,717 | 1,481,396 | 2,322,184 | 2,420,143 |
| Income tax | 648,669 | 410,537 | 496,379 | 390,208 | 601,397 |
| Net income | 16,489,850 | 760,261 | 1,012,322 | 1,923,237 | 1,953,215 |
| Diluted EPS | KRW9,887.00 | KRW4,985.00 | KRW6,576.00 | KRW12,553.00 | KRW12,907.00 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
5.41 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: DART (opendart.fss.or.kr). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 1, 2025 · Data updated Mar 13, 2026