` 094860 (Neorigin Co Ltd) vs KOSPI 200 Comparison - Alpha Spread

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094860
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KOSPI 200

Over the past 12 months, Neorigin Co Ltd has outperformed KOSPI 200, delivering a return of +53% compared to KOSPI 200's +53% growth.

Stocks Performance
094860 vs KOSPI 200

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094860
KOSPI 200
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Performance Gap
094860 vs KOSPI 200

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094860
KOSPI 200
Difference
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Performance By Year
094860 vs KOSPI 200

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094860
KOSPI 200
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Competitors Performance
Neorigin Co Ltd vs Peers

KOSPI 200
094860
IBM
ACN
3655
TCS
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Neorigin Co Ltd
Glance View

Market Cap
89B KRW
Industry
Technology

Neorigin Co Ltd develops and runs online and mobile games. The company creates game content, updates live services, and distributes its titles through app stores and other digital channels. Its customers are everyday players who download and play its games, along with platform partners that host and distribute the titles. The company makes money mainly when players spend inside its games, such as on virtual items, character upgrades, or other in-game content. It can also earn fees from publishing or licensing deals tied to its game titles. In this business, the game itself is the product, but the real value comes from keeping players engaged over time. What makes Neorigin’s business model different is that it sells digital entertainment instead of physical goods. Success depends on creating games people want to keep playing, then supporting them with new content and regular updates. That gives the company a recurring relationship with users rather than a one-time sale.

Intrinsic Value
₩919.81
Overvaluation 45%
Intrinsic Value
Price ₩1 676
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