WBTN Stock Analysis: WEBTOON Entertainment | NASDAQ
Internet Content & Information | NASDAQ, USA | Market Cap: 1.561m USD | 12M Return: 25.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.17M
Qual. Beats: 0
Rev. Trend: 93.3%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
WEBTOON Entertainment Inc. (NASDAQ: WBTN) operates a global storytelling platform with operations in the United States, Korea, Japan, and other international markets. The company runs a creator-driven platform where users can discover, create, and share digital content, primarily through two formats: web-comics (graphical, comic-like storytelling) and web-novels (serialized text-based content). Content is distributed via web and mobile applications, and the business generates revenue from paid content, advertising, and intellectual property adaptations such as film, television, and merchandise tie-ins.
The company operates within the digital entertainment and creator economy, a sector where platform-based content distribution has increasingly displaced traditional print publishing. Founded in 2005 and headquartered in Los Angeles, California, WEBTOON is a subsidiary of NAVER Corporation, the South Korean internet conglomerate that originally developed the vertical-scroll webtoon format. The company listed on NASDAQ in June 2024 and is classified under the Communication Services sector.
- IP adaptations to anime boost licensing revenue
- Piccoma competition pressures Japan market share
- US user growth fuels international revenue expansion
| Net Income: -333.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 2.31 > 1.0 |
| NWC/Revenue: 39.06% < 20% (prev 37.70%; Δ 1.36% < -1%) |
| CFO/TA 0.01 > 3% & CFO 18.0m > Net Income -333.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (133.6m) vs 12m ago 3.10% < -2% |
| Gross Margin: 24.21% > 18% (prev 24.37%; Δ -0.15% > 0.5%) |
| Asset Turnover: 78.05% > 50% (prev 69.57%; Δ 8.49% > 0%) |
| Interest Coverage Ratio: -4.76k > 6 (EBIT TTM -376.0m / Interest Expense TTM 79.0k) |
| A: 0.34 (Total Current Assets 851.0m - Total Current Liabilities 312.8m) / Total Assets 1.59b |
| B: -0.54 (Retained Earnings -862.6m / Total Assets 1.59b) |
| C: -0.21 (EBIT TTM -376.0m / Avg Total Assets 1.77b) |
| D: 3.29 (Book Value of Equity 1.18b / Total Liabilities 358.5m) |
| Altman-Z'' = 2.47 = A |
| DSRI: 1.03 (Receivables 182.8m/173.7m, Revenue 1.38b/1.35b) |
| GMI: 1.01 (GM 24.37% / 24.21%) |
| AQI: 0.80 (AQ_t 0.45 / AQ_t-1 0.56) |
| SGI: 1.02 (Revenue 1.38b / 1.35b) |
| TATA: -0.22 (NI -333.0m - CFO 18.0m) / TA 1.59b) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of July 15, 2026, the stock is trading at USD 11.75 with a total of 304,340 shares traded. Over the past week, the price has changed by +1.82%, over one month by -5.32%, over three months by +1.64% and over the past year by +25.67%.
Current recommended Stop Loss: 10.70 (which is 8.9% or 2.1 ATR below the current price).
WEBTOON Entertainment has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy WBTN.
- StrongBuy: 6
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 12.3 | 4.6% |
P/S = 1.1326
P/B = 1.3364
Revenue TTM = 1.38b USD
EBIT TTM = -376.0m USD
EBITDA TTM = -341.0m USD
Long Term Debt = 11.7m USD (estimated: total debt 20.4m - short term 8.68m)
Short Term Debt = 8.68m USD (from shortTermDebt, last quarter)
Debt = 20.4m USD (from shortLongTermDebtTotal, last quarter) (leases 20.4m already included)
Net Debt = -574.5m USD (calculated: Debt 20.4m - CCE 594.9m)
Enterprise Value = 986.1m USD (1.56b + Debt 20.4m - CCE 594.9m)
Interest Coverage Ratio = -4.76k (Ebit TTM -376.0m / Interest Expense TTM 79.0k)
EV/FCF = 126.6x (Enterprise Value 986.1m / FCF TTM 7.79m)
FCF Yield = 0.79% (FCF TTM 7.79m / Enterprise Value 986.1m)
FCF Margin = 0.57% (FCF TTM 7.79m / Revenue TTM 1.38b)
Net Margin = -24.17% (Net Income TTM -333.0m / Revenue TTM 1.38b)
Gross Margin = 24.21% ((Revenue TTM 1.38b - Cost of Revenue TTM 1.04b) / Revenue TTM)
Gross Margin QoQ = 25.88% (prev 24.35%)
Tobins Q-Ratio = 0.62 (Enterprise Value 986.1m / Total Assets 1.59b)
Interest Expense / Debt = 0.39% (Interest Expense 79.0k / Debt 20.4m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -297.1m (EBIT -376.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.72 (Total Current Assets 851.0m / Total Current Liabilities 312.8m)
Debt / Equity = 0.02 (Debt 20.4m / totalStockholderEquity, last quarter 1.18b)
Debt / EBITDA = 1.68 (negative EBITDA) (Net Debt -574.5m / EBITDA -341.0m)
Debt / FCF = -73.75 (Net Debt -574.5m / FCF TTM 7.79m)
Total Stockholder Equity = 1.34b (last 4 quarters mean from totalStockholderEquity)
RoA = -18.86% (Net Income -333.0m / Total Assets 1.59b)
RoE = -24.91% (Net Income TTM -333.0m / Total Stockholder Equity 1.34b)
RoCE = -27.89% (EBIT -376.0m / Capital Employed (Equity 1.34b + L.T.Debt 11.7m))
RoIC = -24.34% (negative operating profit) (NOPAT -297.1m / Invested Capital 1.22b)
WACC = 10.91% (E(1.56b)/V(1.58b) * Re(11.05%) + D(20.4m)/V(1.58b) * Rd(0.39%) * (1-Tc(0.21)))
Discount Rate = 11.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.70 | Cagr: 2.26%
[DCF] Terminal Value 67.01% ; FCFF base≈7.79m ; Y1≈7.82m ; Y5≈8.29m
[DCF] Fair Price = 4.91 (EV 89.8m - Net Debt -574.5m = Equity 664.3m / Shares 135.2m; r=10.91% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.08 | # QB: 0
Revenue Correlation: 93.25 | Revenue CAGR: 5.42% | SUE: -1.71 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.01 | Chg30d=-90.91% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.06 | Chg30d=-21.43% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.13 | Chg30d=-18.75% | Revisions=-25% | GrowthEPS=-13.3% | GrowthRev=+2.1%
EPS next Year (2027-12-31): EPS=0.33 | Chg30d=-7.14% | Revisions=-25% | GrowthEPS=+150.0% | GrowthRev=+11.9%
[Analyst] Revisions Ratio: -57% (up=0, down=4)