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203650.KQ Online Services

Dream Security Co Ltd

$2 925,00
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Mcap
P/E
EV / Rev
Div yield
Op margin
7,0 %
ROE
7,0 %
Net margin
2,6 %
Debt / equity
3,13
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Dream Security Co Ltd provides online services, primarily focused on software and IT solutions, generating revenue through product sales and service contracts.

Business. Dream Security Co Ltd (203650.KQ) is a technology company operating in the Online Services industry within the Software & IT Services sector. The firm generates revenue primarily through advertising, with key performance indicators including monthly active users, average revenue per user, and ad impressions. Specific details regarding operating segments, headquarters location, and primary listing exchange are not available in the provided data.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryOnline Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
35
composite score
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
7,0 %
return on equity
Quality
56
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 203650.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to 203650.KQ. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score35 / 100
    Composite score 0-100 · Data quality 0,56
    Data quality0,56 / 1.00

    Synthesis

    Business

    Dream Security Co Ltd (203650.KQ) is a technology company operating in the Online Services industry within the Software & IT Services sector. The firm generates revenue primarily through advertising, with key performance indicators including monthly active users, average revenue per user, and ad impressions. Specific details regarding operating segments, headquarters location, and primary listing exchange are not available in the provided data.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryOnline Services
    AI synthesis
    GENERATED

    Dream Security maintains a capital structure with a debt-to-equity ratio of 3.13, indicating a significant reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 0.56, suggesting limited short-term liquidity to cover immediate liabilities. Despite a negative operating cash flow of -14.79 billion KRW, the company generates substantial free cash flow of 81.62 billion KRW, which supports its operational flexibility.

    Profitability metrics show a return on equity (ROE) of 6.96% and a return on assets (ROA) of 1.45%, both below the typical thresholds for high-performing software firms. The net income of 8.28 billion KRW and operating income of 22.39 billion KRW reflect a healthy margin, but the ROE and ROA suggest that the company is not leveraging its assets or equity as effectively as industry leaders.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to market-specific risks and limits the ability to offset regional downturns.

    Looking ahead, the company is expected to maintain a stable growth trajectory, with no significant changes in revenue or earnings projected for the next fiscal year. The current fiscal year's revenue of 318.85 billion KRW is expected to remain relatively flat, with no major expansion or contraction anticipated.

    Risk factors include a medium liquidity risk due to the current ratio and a negative net cash position after subtracting total debt. The dilution risk is assessed as low, with no near-term pressure from share issuance or dilutive events. The company's capital structure and financial flexibility are not expected to be significantly impacted by dilution in the near future.

    Recent events include the latest actual EPS of 49.50 KRW, as reported by analysts, which aligns with the company's historical performance. No major regulatory or operational events have been disclosed in the latest filings, suggesting a stable operating environment.

    Key takeaways
    • Dream Security has a high debt-to-equity ratio, indicating a heavy reliance on debt financing.
    • The company generates strong free cash flow despite a negative operating cash flow.
    • Profitability metrics are below industry benchmarks, suggesting inefficiencies in asset and equity utilization.
    • The company's revenue is concentrated in a single segment, increasing exposure to market-specific risks.
    • Liquidity risk is moderate, with a current ratio below 1.
    • Dilution risk is low, with no near-term pressure from share issuance.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $2 925,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $118.92B
    Net cash
    -$312.79B
    Current ratio
    0.6
    Debt / equity
    3.1
    ROA
    1.5%
    ROE
    7.0%
    Cash conversion
    -179.0%
    CapEx / revenue
    -2.9%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Forward curve

    — missing data

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    — missing data

    Benchmarks vs cohort

    Op Margin7,0 %Above median
    Net Margin2,6 %Below median
    ROE7,0 %Above median
    Capex / Rev-2,9 %Below median
    D/E3,13Bottom quartile
    Cash Conv-1,79Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Dream Security Co Ltd Market data — financials · 2026-05-26
    • Dream Security Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    203650.KQCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage