Overview Dividends

(WBTN) WEBTOON Entertainment - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US94845U1051

Web-Comics, Web-Novels, Hosting

Interactive Media & Services
Market Cap in USD: 1,704m

IPO / Inception: 2024-06-27
Return 12m vs S&P 500: -13.6%

EPS (Earnings per Share)

EPS CAGR: -34.23%
EPS Trend: -48.6%

Last SUE: 0.38
Qual. Beats: 0

Revenue

Rev. CAGR: 14.85%
Rev. Trend: 87.2%

Last SUE: -1.24
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	85.2%
Value at Risk 5%th	99.6%
Relative Tail Risk	-28.96%

Reward TTM
Sharpe Ratio	0.40
Alpha	-27.78
CAGR/Max DD	-0.40

Character TTM
Hurst Exponent	0.593
Beta	1.616
Beta Downside	1.701

Drawdowns 3y
Max DD	70.57%
Mean DD	46.36%
Median DD	48.60%

Description: WBTN WEBTOON Entertainment November 14, 2025

WEBTOON Entertainment Inc. (NASDAQ: WBTN) runs a cross-border storytelling platform that lets creators publish and monetize web-comics and web-novels via web and mobile apps. Headquartered in Los Angeles and owned by South Korea’s NAVER Corp., the service operates in the United States, Korea, Japan and other international markets, serving a community that discovers, creates, and shares serialized visual and text-based content.

As of FY 2023 the company reported revenue of roughly $141 million, up about 45 % year-over-year, driven by a 30 % increase in monthly active users (≈150 million) and a growing share of subscription revenue (now ~20 % of total). Mobile-first consumption and rising global internet penetration remain the primary economic tailwinds, while the broader Interactive Media & Services sector is benefitting from higher ad spend and the “creator-economy” boom that fuels user-generated content platforms.

For a deeper, data-driven look at WBTN’s valuation assumptions and scenario modeling, you may want to explore the analysis available on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (-131.4m TTM) > 0 and > 6% of Revenue (6% = 84.3m TTM)

FCFTA -0.01 (>2.0%) and ΔFCFTA -1.78pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 36.17% (prev 39.67%; Δ -3.50pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.00 (>3.0%) and CFO -5.08m > Net Income -131.4m (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 2.52 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (130.2m) change vs 12m ago -0.47% (target <= -2.0% for YES)

Gross Margin 23.06% (prev 25.06%; Δ -2.00pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 68.47% (prev 62.55%; Δ 5.92pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -8812 (EBITDA TTM -95.3m / Interest Expense TTM 15.0k) >= 6 (WARN >= 3)

Altman Z'' -1.32

(A) 0.26 = (Total Current Assets 842.4m - Total Current Liabilities 334.3m) / Total Assets 1.98b

(B) -0.28 = Retained Earnings (Balance) -545.6m / Total Assets 1.98b

(D) -1.60 = Book Value of Equity -643.8m / Total Liabilities 402.9m

Total Rating: -1.32 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 36.50

1. Piotroski 2.50pt

2. FCF Yield -1.42%

3. FCF Margin -1.15%

4. Debt/Equity 0.02

5. Debt/Ebitda 5.86

6. ROIC - WACC (= -21.23)%

7. RoE -8.85%

8. Rev. Trend 87.22%

9. EPS Trend -48.57%

What is the price of WBTN shares?

As of January 08, 2026, the stock is trading at USD 13.79 with a total of 213,803 shares traded.
Over the past week, the price has changed by +5.83%, over one month by +1.40%, over three months by -24.23% and over the past year by +2.45%.

Is WBTN a buy, sell or hold?

WEBTOON Entertainment has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy WBTN.

Strong Buy: 6
Buy: 1
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the WBTN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	15.8	14.6%
Analysts Target Price	15.8	14.6%
ValueRay Target Price	13.8	0.1%

WBTN Fundamental Data Overview January 02, 2026

Market Cap USD = 1.70b (1.70b USD * 1.0 USD.USD)
P/S = 1.2128
P/B = 1.1453
Beta = None
Revenue TTM = 1.40b USD
EBIT TTM = -132.2m USD
EBITDA TTM = -95.3m USD
Long Term Debt = 26.3m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 9.56m USD (from shortTermDebt, last quarter)
Debt = 26.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -558.3m USD (from netDebt column, last quarter)
Enterprise Value = 1.15b USD (1.70b + Debt 26.3m - CCE 584.6m)
Interest Coverage Ratio = -8812 (Ebit TTM -132.2m / Interest Expense TTM 15.0k)
FCF Yield = -1.42% (FCF TTM -16.2m / Enterprise Value 1.15b)
FCF Margin = -1.15% (FCF TTM -16.2m / Revenue TTM 1.40b)
Net Margin = -9.35% (Net Income TTM -131.4m / Revenue TTM 1.40b)
Gross Margin = 23.06% ((Revenue TTM 1.40b - Cost of Revenue TTM 1.08b) / Revenue TTM)
Gross Margin QoQ = 21.90% (prev 25.06%)
Tobins Q-Ratio = 0.58 (Enterprise Value 1.15b / Total Assets 1.98b)
Interest Expense / Debt = 0.04% (Interest Expense 10.0k / Debt 26.3m)
Taxrate = -6.01% (negative due to tax credits) (626.0k / -10.4m)
NOPAT = -140.1m (EBIT -132.2m * (1 - -6.01%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 2.52 (Total Current Assets 842.4m / Total Current Liabilities 334.3m)
Debt / Equity = 0.02 (Debt 26.3m / totalStockholderEquity, last quarter 1.49b)
Debt / EBITDA = 5.86 (negative EBITDA) (Net Debt -558.3m / EBITDA -95.3m)
Debt / FCF = 34.42 (negative FCF - burning cash) (Net Debt -558.3m / FCF TTM -16.2m)
Total Stockholder Equity = 1.48b (last 4 quarters mean from totalStockholderEquity)
RoA = -6.64% (Net Income -131.4m / Total Assets 1.98b)
RoE = -8.85% (Net Income TTM -131.4m / Total Stockholder Equity 1.48b)
RoCE = -8.75% (EBIT -132.2m / Capital Employed (Equity 1.48b + L.T.Debt 26.3m))
RoIC = -9.44% (negative operating profit) (NOPAT -140.1m / Invested Capital 1.48b)
WACC = 11.79% (E(1.70b)/V(1.73b) * Re(11.97%) + D(26.3m)/V(1.73b) * Rd(0.04%) * (1-Tc(-0.06)))
Discount Rate = 11.97% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.23%
Fair Price DCF = unknown (Cash Flow -16.2m)
EPS Correlation: -48.57 | EPS CAGR: -34.23% | SUE: 0.38 | # QB: 0
Revenue Correlation: 87.22 | Revenue CAGR: 14.85% | SUE: -1.24 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.00 | Chg30d=-0.104 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=-0.06 | Chg30d=-0.287 | Revisions Net=-3 | Growth EPS=+80.1% | Growth Revenue=+13.6%

Additional Sources for WBTN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle