As of 2026-04-05, the Intrinsic Value of Naver Corp (035420.KS) is 103,585.59 KRW. This 035420.KS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 197,500.00 KRW, the upside of Naver Corp is -47.60%.
The range of the Intrinsic Value is 77,876.30 - 167,515.74 KRW
Based on its market price of 197,500.00 KRW and our intrinsic valuation, Naver Corp (035420.KS) is overvalued by 47.60%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 77,876.30 - 167,515.74 | 103,585.59 | -47.6% |
| DCF (Growth 10y) | 103,431.94 - 221,037.54 | 137,401.34 | -30.4% |
| DCF (EBITDA 5y) | 144,798.70 - 215,651.48 | 185,626.17 | -6.0% |
| DCF (EBITDA 10y) | 156,058.43 - 243,419.18 | 202,814.92 | 2.7% |
| Fair Value | 311,320.00 - 311,320.00 | 311,320.00 | 57.63% |
| P/E | 200,472.74 - 393,257.07 | 290,654.73 | 47.2% |
| EV/EBITDA | 146,672.93 - 217,195.47 | 193,923.66 | -1.8% |
| EPV | 119,026.30 - 154,932.23 | 136,979.28 | -30.6% |
| DDM - Stable | 109,001.51 - 327,955.47 | 218,478.80 | 10.6% |
| DDM - Multi | 132,691.39 - 313,905.83 | 186,951.86 | -5.3% |
| Market Cap (mil) | 30,977,876.00 |
| Beta | 0.70 |
| Outstanding shares (mil) | 156.85 |
| Enterprise Value (mil) | 29,167,356.00 |
| Market risk premium | 5.82% |
| Cost of Equity | 8.71% |
| Cost of Debt | 4.25% |
| WACC | 8.03% |