Nable네이블

Nable's trailing profit has recovered on a small revenue base, but the shares have fallen sharply over the past year.

Nable, a Korean ICT communications software company listed on KOSDAQ, reported trailing twelve-month revenue of ₩18.9B-scale figures in the data, though the displayed amounts are shown in won as ₩18.89B... Its trailing operating margin is 4.4% and net margin 8.1%, with little debt and cash of about ₩1.9B. The share price closed at ₩5,050 on 2026-10-23, down 34.4% over one year and well below its 52-week high of ₩16,820.

What stands out

• Full-year 2025 revenue was about ₩19.2B with operating margin of 13.6%, but trailing figures to H1 2026 show a much lower operating margin of 4.4%.
• Trailing net income of about ₩1.5B is well above operating income, so non-operating items likely mattered; the data does not explain the source.
• The DCF fair value model gives a base value of ₩3,285, below the current price of ₩5,050; the data gives bear and bull values of ₩2,038 and ₩5,472.
• Valuation is about 21.6x trailing earnings and 0.9x book value, with no dividend paid.
• Foreign ownership is 0% and short balance is 0%, and recent 20-day flows show retail selling of about ₩7.6B offset by foreign buying.

What to watch

• The Q3 2026 quarterly report and any update to margins after the weak H1 2026 operating result.
• Follow-up on the major sales or supply contract filed in June 2026 and its amendment in August 2026.
• The data includes no recent news headlines, so company-specific news flow is not visible here.