 |
| CJ ENM |
[Alpha Biz= Reporter Kim Minyoung] Daishin Securities maintained its six-month target stock price of 110,000 won on the 5th with the purchase of investment opinions on CJ ENM. It is analyzed that performance is clearly improving and profits will improve when Tving-Wave is merged.
"CJ ENM 2024's estimated operating profit (OP) is expected to reach a record high of 230 billion won, which turned into a surplus year-on-year, and an estimate of 300 billion won in 2025," Daishin Securities said. "T-Ving is expected to reach 5 million people this year, this year's estimated operating profit and loss is 48.5 billion won, up 93.5 billion won from last year, and the 2025 estimate is 9.2 billion won that turned into a surplus."
Daishin Securities also added that its estimated operating profit for the Fifth Season 2024 is 28.4 billion won, up 31.6 billion won from a year earlier, and 60 billion won, up 25 years from a year earlier.
"In the case of the Tving-Wave merger, the channels rarely overlap, so we are expected to maintain 11 million MAU (monthly active users)," Daishin Securities said. "In the event of the merger, we will be able to improve profits by up to 200 billion won by reducing costs."
AlphaBIZ Kim Minyoung(kimmy@alphabiz.co.kr)
