Gabia가비아

Gabia's shares have fallen about 12% this month but are still up 42% over a year, while profit has been flat to down from its 2022 peak.

Gabia is a Korean web hosting and domain company listed on KOSDAQ. Trailing twelve-month revenue to H1 2026 was ₩351.8B with operating income of ₩49.9B and net income of ₩18.2B, versus full-year 2025 revenue of ₩335.7B. The share price of ₩37,950 sits between its 52-week low of ₩24,900 and high of ₩47,900, and a discounted cash flow model in the data gives a base value of ₩42,534.

What stands out

• Revenue grew 18.9% in 2025, but operating margin fell from 16.3% in 2023 and 17.2% in 2022 to 12.1% in 2025 and 14.2% on a trailing basis.
• Trailing free cash flow of ₩52.1B and cash of ₩65.6B are reported, and borrowings are shown as null, so debt levels beyond the liabilities-to-equity ratio of 68.1% are not clear from the data.
• Valuation has risen: the P/E is 28 versus 15.1 at end-2024, and the P/B is 2.8 versus 1.4, while the stock is up 22% over three months.
• Filings in September and October 2026 include several amended lawsuit notices, a change of largest shareholder on 23 September, and a shareholders' meeting notice, but the data does not explain the content of these filings.
• Peer P/E ratios shown range from 7.1 to 49, so the comparison depends heavily on which peer is used.

What to watch

• The next results release and whether operating margin recovers from the 12.1% to 14.2% range.
• The details and outcome of the lawsuits listed in recent filings, which the data does not describe.
• The shareholders' meeting and the new largest shareholder's intentions, which are not described in the data.