2024-06-16 12:21:52 ET
Summary
- Naver Corporation's search platform and commerce segments face significant competitive threats, impacting its revenue outlook.
- The planned listing of Naver's Webtoon business could boost its Contents segment's growth prospects.
- Naver's shares are fairly valued, with a PEG multiple of 1 times.
Elevator Pitch
My investment rating for Naver Corporation stock ( OTCPK:NHNCF ) [035420:KS] is a Hold. In my September 30, 2019 initiation article , I described Naver as an "internet conglomerate" which "operates South Korea's leading internet search portal, Naver.com."...
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For further details see:
Naver Corporation: Consider Competitive Threats And Growth Opportunities (Rating Downgrade)