GS Engineering & Construction(A006360)株式概要GSエンジニアリング&コンストラクション・コーポレーションは、韓国内外で土木・建築工事、新築住宅の建設・販売、修繕・メンテナンス、一般建設、技術コンサルティングなどの事業を行っている。 詳細A006360 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長3/6過去の実績1/6財務の健全性3/6配当金3/6報酬収益は年間47.33%増加すると予測されています リスク分析負債は営業キャッシュフローで十分にカバーされていない KR市場と比較して、過去 3 か月間の株価の変動が非常に大きい利益率(0.5%)は昨年より低い(1.1%) 不安定な配当実績 すべてのリスクチェックを見るA006360 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₩Current Price₩32.15k9.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-485b14t2016201920222025202620282031Revenue ₩13.7tEarnings ₩73.1bAdvancedSet Fair ValueView all narrativesGS Engineering & Construction Corporation 競合他社DL E&CLtdSymbol: KOSE:A375500Market cap: ₩3.3tKEPCO Engineering & Construction CompanySymbol: KOSE:A052690Market cap: ₩5.6tIPARK Hyundai DevelopmentSymbol: KOSE:A294870Market cap: ₩1.4tHDC HOLDINGSLtdSymbol: KOSE:A012630Market cap: ₩1.1t価格と性能株価の高値、安値、推移の概要GS Engineering & Construction過去の株価現在の株価₩32,150.0052週高値₩44,850.0052週安値₩17,790.00ベータ0.851ヶ月の変化-22.90%3ヶ月変化40.09%1年変化56.83%3年間の変化52.01%5年間の変化-27.59%IPOからの変化104.65%最新ニュースBoard Change • May 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive VP of Finance Headquarters, CFO, Representative Director, President & CSSO Tae-Jin Kim was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩35,950, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in South Korea. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩17,489 per share.お知らせ • Apr 23GS Engineering & Construction Corporation to Report Q1, 2026 Results on Apr 30, 2026GS Engineering & Construction Corporation announced that they will report Q1, 2026 results on Apr 30, 2026Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 30%After last week's 30% share price gain to ₩36,300, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in South Korea. Total returns to shareholders of 72% over the past three years.Price Target Changed • Apr 11Price target increased by 10% to ₩29,105Up from ₩26,368, the current price target is an average from 19 analysts. New target price is 23% below last closing price of ₩37,650. Stock is up 131% over the past year. The company is forecast to post earnings per share of ₩3,448 for next year compared to ₩1,073 last year.New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).最新情報をもっと見るRecent updatesBoard Change • May 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive VP of Finance Headquarters, CFO, Representative Director, President & CSSO Tae-Jin Kim was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩35,950, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in South Korea. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩17,489 per share.お知らせ • Apr 23GS Engineering & Construction Corporation to Report Q1, 2026 Results on Apr 30, 2026GS Engineering & Construction Corporation announced that they will report Q1, 2026 results on Apr 30, 2026Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 30%After last week's 30% share price gain to ₩36,300, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in South Korea. Total returns to shareholders of 72% over the past three years.Price Target Changed • Apr 11Price target increased by 10% to ₩29,105Up from ₩26,368, the current price target is an average from 19 analysts. New target price is 23% below last closing price of ₩37,650. Stock is up 131% over the past year. The company is forecast to post earnings per share of ₩3,448 for next year compared to ₩1,073 last year.New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 41%After last week's 41% share price gain to ₩31,650, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Construction industry in South Korea. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,504 per share.Price Target Changed • Mar 20Price target increased by 7.6% to ₩26,105Up from ₩24,263, the current price target is an average from 19 analysts. New target price is 18% below last closing price of ₩31,800. Stock is up 81% over the past year. The company is forecast to post earnings per share of ₩3,367 for next year compared to ₩1,073 last year.New Risk • Mar 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.8% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Dividend is not well covered by earnings (123% payout ratio). Profit margins are more than 30% lower than last year (0.8% net profit margin).Buy Or Sell Opportunity • Mar 18Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to ₩25,600. The fair value is estimated to be ₩19,504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.0% per annum. Earnings are forecast to grow by 58% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩18,750, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Construction industry in South Korea. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,504 per share.Buy Or Sell Opportunity • Feb 25Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to ₩23,850. The fair value is estimated to be ₩19,504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.4% per annum. Earnings are forecast to grow by 59% per annum over the same time period.お知らせ • Feb 24GS Engineering & Construction Corporation, Annual General Meeting, Mar 24, 2026GS Engineering & Construction Corporation, Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: future hall, 33, jong-r, jongro-gu, seoul South KoreaMajor Estimate Revision • Feb 10Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩12.5b to ₩11.7b. EPS estimate also fell from ₩4,120 per share to ₩3,517 per share. Net income forecast to grow 1,145% next year vs 34% growth forecast for Construction industry in South Korea. Consensus price target down from ₩25,050 to ₩24,400. Share price rose 11% to ₩21,400 over the past week.Declared Dividend • Feb 08Dividend increased to ₩500Dividend of ₩500 is 67% higher than last year. Ex-date: 26th February 2026 Payment date: 1st January 1970 Dividend yield will be 2.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 8 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 37% to bring the payout ratio under control. EPS is expected to grow by 214% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Feb 07GS Engineering & Construction Corporation announces Annual dividendGS Engineering & Construction Corporation announced Annual dividend of KRW 500.0000 per share, ex-date on February 26, 2026 and record date on February 27, 2026.お知らせ • Jan 30GS Engineering & Construction Corporation to Report Fiscal Year 2025 Results on Feb 06, 2026GS Engineering & Construction Corporation announced that they will report fiscal year 2025 results on Feb 06, 2026分析記事 • Jan 07GS Engineering & Construction Corporation's (KRX:006360) Shareholders Might Be Looking For ExitThere wouldn't be many who think GS Engineering & Construction Corporation's ( KRX:006360 ) price-to-sales (or "P/S...Reported Earnings • Nov 16Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: ₩1,060 (down from ₩1,398 in 3Q 2024). Revenue: ₩3.21t (up 3.2% from 3Q 2024). Net income: ₩89.9b (down 24% from 3Q 2024). Profit margin: 2.8% (down from 3.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 84%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Nov 07Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩1,446 to ₩1,647. Revenue forecast steady at ₩12.6b. Net income forecast to grow 414% next year vs 22% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩25,763. Share price fell 3.2% to ₩18,090 over the past week.分析記事 • Nov 05Should You Investigate GS Engineering & Construction Corporation (KRX:006360) At ₩18,170?GS Engineering & Construction Corporation ( KRX:006360 ), is not the largest company out there, but it saw significant...分析記事 • Sep 03Risks To Shareholder Returns Are Elevated At These Prices For GS Engineering & Construction Corporation (KRX:006360)With a median price-to-sales (or "P/S") ratio of close to 0.2x in the Construction industry in Korea, you could be...New Risk • Aug 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 244% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 244% Paying a dividend despite having no free cash flows.Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues miss analyst expectationsSecond quarter 2025 results: Revenue: ₩3.13t (down 5.1% from 2Q 2024). Net loss: ₩36.7b (down 236% from profit in 2Q 2024). Revenue missed analyst estimates by 2.1%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.分析記事 • Aug 13GS Engineering & Construction (KRX:006360) May Have Issues Allocating Its CapitalKOSE:A006360 1 Year Share Price vs Fair Value Explore GS Engineering & Construction's Fair Values from the Community...Major Estimate Revision • Jul 31Consensus EPS estimates fall by 35%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩2,758 to ₩1,807 per share. Revenue forecast steady at ₩12.6b. Net income forecast to grow 37% next year vs 32% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩24,447. Share price fell 3.4% to ₩19,370 over the past week.分析記事 • Jul 16Is GS Engineering & Construction (KRX:006360) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • May 28Investors Appear Satisfied With GS Engineering & Construction Corporation's (KRX:006360) Prospects As Shares Rocket 26%The GS Engineering & Construction Corporation ( KRX:006360 ) share price has done very well over the last month...Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩22,850, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 38% over the past three years.分析記事 • May 12GS Engineering & Construction (KRX:006360) Will Be Hoping To Turn Its Returns On Capital AroundWhat underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on...分析記事 • Apr 16Does GS Engineering & Construction (KRX:006360) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 24Why GS Engineering & Construction's (KRX:006360) Earnings Are Better Than They SeemThe market seemed underwhelmed by last week's earnings announcement from GS Engineering & Construction Corporation...Reported Earnings • Mar 18Full year 2024 earnings: Revenues in line with analyst expectationsFull year 2024 results: Revenue: ₩13t (down 4.3% from FY 2023). Net income: ₩263.9b (up ₩745.8b from FY 2023). Profit margin: 2.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Feb 21GS Engineering & Construction Corporation, Annual General Meeting, Mar 25, 2025GS Engineering & Construction Corporation, Annual General Meeting, Mar 25, 2025, at 10:00 Tokyo Standard Time. Location: future hall, 33, jong-ro, jongro-gu, seoul South Korea分析記事 • Jan 28Fewer Investors Than Expected Jumping On GS Engineering & Construction Corporation (KRX:006360)There wouldn't be many who think GS Engineering & Construction Corporation's ( KRX:006360 ) price-to-sales (or "P/S...お知らせ • Jan 23GS Engineering & Construction Corporation to Report Fiscal Year 2024 Results on Feb 05, 2025GS Engineering & Construction Corporation announced that they will report fiscal year 2024 results on Feb 05, 2025分析記事 • Jan 07There Are Reasons To Feel Uneasy About GS Engineering & Construction's (KRX:006360) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...分析記事 • Nov 12GS Engineering & Construction (KRX:006360) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Sep 29GS Engineering & Construction (KRX:006360) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Aug 09Revenues Tell The Story For GS Engineering & Construction Corporation (KRX:006360) As Its Stock Soars 26%GS Engineering & Construction Corporation ( KRX:006360 ) shares have had a really impressive month, gaining 26% after a...分析記事 • Aug 06Is GS Engineering & Construction (KRX:006360) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Jul 30Price target increased by 7.8% to ₩18,365Up from ₩17,040, the current price target is an average from 20 analysts. New target price is 7.0% below last closing price of ₩19,740. Stock is up 36% over the past year. The company is forecast to post earnings per share of ₩3,297 next year compared to a net loss per share of ₩5,677 last year.Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: ₩484 (vs ₩3,517 loss in 2Q 2023)Second quarter 2024 results: EPS: ₩484 (up from ₩3,517 loss in 2Q 2023). Revenue: ₩3.30t (down 5.7% from 2Q 2023). Net income: ₩38.0b (up ₩336.6b from 2Q 2023). Profit margin: 1.2% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • May 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to ₩16,280. The fair value is estimated to be ₩13,553, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Apr 29There's Reason For Concern Over GS Engineering & Construction Corporation's (KRX:006360) PriceThere wouldn't be many who think GS Engineering & Construction Corporation's ( KRX:006360 ) price-to-sales (or "P/S...Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: ₩1,626 (vs ₩1,622 in 1Q 2023)First quarter 2024 results: EPS: ₩1,626 (up from ₩1,622 in 1Q 2023). Revenue: ₩3.07t (down 13% from 1Q 2023). Net income: ₩138.0b (flat on 1Q 2023). Profit margin: 4.5% (up from 3.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.Board Change • Apr 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Representative Director Yoon-Hong Huh was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 26Full year 2023 earnings released: ₩5,677 loss per share (vs ₩3,997 profit in FY 2022)Full year 2023 results: ₩5,677 loss per share (down from ₩3,997 profit in FY 2022). Revenue: ₩13t (up 9.2% from FY 2022). Net loss: ₩481.9b (down 242% from profit in FY 2022). Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.New Risk • Mar 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.Reported Earnings • Feb 02Full year 2023 earnings released: ₩4,936 loss per share (vs ₩3,997 profit in FY 2022)Full year 2023 results: ₩4,936 loss per share (down from ₩3,997 profit in FY 2022). Revenue: ₩13t (up 9.3% from FY 2022). Net loss: ₩419.0b (down 224% from profit in FY 2022). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Dec 20Upcoming dividend of ₩1,300 per share at 8.4% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 8.4%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.9%).Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩3.00 (vs ₩1,701 in 3Q 2022)Third quarter 2023 results: EPS: ₩3.00 (down from ₩1,701 in 3Q 2022). Revenue: ₩3.11t (up 5.2% from 3Q 2022). Net income: ₩309.2m (down 100% from 3Q 2022). Profit margin: 0% (down from 4.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.Price Target Changed • Nov 04Price target decreased by 8.4% to ₩16,647Down from ₩18,167, the current price target is an average from 19 analysts. New target price is 21% above last closing price of ₩13,710. Stock is down 39% over the past year. The company is forecast to post a net loss per share of ₩1,425 compared to earnings per share of ₩3,997 last year.New Risk • Aug 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Price Target Changed • Jul 28Price target decreased by 13% to ₩19,529Down from ₩22,353, the current price target is an average from 17 analysts. New target price is 39% above last closing price of ₩14,100. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩4,383 for next year compared to ₩3,997 last year.Buying Opportunity • Jul 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be ₩17,804, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 2.9% in 2 years. Earnings is forecast to grow by 26% in the next 2 years.Major Estimate Revision • Jul 12Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩4,765 to ₩4,248 per share. Revenue forecast steady at ₩13.7b. Net income forecast to grow 18% next year vs 2.9% growth forecast for Construction industry in South Korea. Consensus price target down from ₩27,382 to ₩24,294. Share price fell 21% to ₩14,220 over the past week.Price Target Changed • Jul 07Price target decreased by 11% to ₩24,765Down from ₩27,912, the current price target is an average from 17 analysts. New target price is 80% above last closing price of ₩13,750. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩4,490 for next year compared to ₩3,997 last year.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩14,520, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Construction industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩18,862 per share.Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 9.9%. The fair value is estimated to be ₩23,886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 3.4% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.Major Estimate Revision • May 04Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ₩12.6b to ₩13.1b. EPS estimate fell from ₩4,932 to ₩4,190 per share. Net income forecast to grow 1.3% next year vs 18% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩28,531. Share price fell 3.1% to ₩20,650 over the past week.Reported Earnings • Mar 22Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: ₩3,997 (down from ₩4,834 in FY 2021). Revenue: ₩12t (up 36% from FY 2021). Net income: ₩339.3b (down 17% from FY 2021). Profit margin: 2.8% (down from 4.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) missed analyst estimates by 32%. Revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.Buying Opportunity • Feb 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be ₩29,076, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.2% in 2 years. Earnings is forecast to decline by 12% in the next 2 years.Major Estimate Revision • Feb 01Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ₩11.6b to ₩12.1b. EPS estimate fell from ₩5,113 to ₩4,566 per share. Net income forecast to shrink 17% next year vs 1.5% growth forecast for Construction industry in South Korea . Consensus price target of ₩31,000 unchanged from last update. Share price was steady at ₩23,100 over the past week.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩23,150, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Construction industry in South Korea. Total loss to shareholders of 10% over the past three years.Upcoming Dividend • Dec 21Upcoming dividend of ₩1,300 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 23% and the cash payout ratio is 83%. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (3.2%).Price Target Changed • Nov 26Price target decreased to ₩33,000Down from ₩35,706, the current price target is an average from 18 analysts. New target price is 40% above last closing price of ₩23,550. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₩6,273 for next year compared to ₩4,834 last year.Reported Earnings • Nov 17Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: (down ₩128.6b from profit in 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent External Director Ho-Young Lee was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Oct 30Price target decreased to ₩38,625Down from ₩43,656, the current price target is an average from 16 analysts. New target price is 73% above last closing price of ₩22,350. Stock is down 46% over the past year. The company is forecast to post earnings per share of ₩6,567 for next year compared to ₩4,834 last year.Major Estimate Revision • Oct 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ₩6,092 to ₩7,526. Revenue forecast steady at ₩10.8b. Net income forecast to grow 19% next year vs 11% growth forecast for Construction industry in South Korea. Consensus price target down from ₩43,656 to ₩42,719. Share price was steady at ₩22,650 over the past week.Price Target Changed • Sep 30Price target decreased to ₩44,969Down from ₩49,324, the current price target is an average from 16 analysts. New target price is 99% above last closing price of ₩22,550. Stock is down 46% over the past year. The company is forecast to post earnings per share of ₩6,068 for next year compared to ₩4,834 last year.Price Target Changed • Jul 11Price target decreased to ₩49,656Down from ₩53,969, the current price target is an average from 18 analysts. New target price is 72% above last closing price of ₩28,950. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₩6,075 for next year compared to ₩4,834 last year.Board Change • May 09High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent External Director Ho-Young Lee was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Apr 28Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩9.84b to ₩9.53b. EPS estimate also fell from ₩6,110 per share to ₩5,385 per share. Net income forecast to grow 11% next year vs 15% growth forecast for Construction industry in South Korea. Consensus price target of ₩55,075 unchanged from last update. Share price rose 3.0% to ₩42,600 over the past week.Reported Earnings • Jan 30Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ₩5,007 (up from ₩3,919 in FY 2020). Revenue: ₩9.04t (down 11% from FY 2020). Net income: ₩425.0b (up 37% from FY 2020). Profit margin: 4.7% (up from 3.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 6.8%, compared to a 28% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jan 28Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩10.3b to ₩9.79b. EPS estimate also fell from ₩6,657 per share to ₩5,812 per share. Net income forecast to grow 41% next year vs 20% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩54,521. Share price was steady at ₩39,250 over the past week.Upcoming Dividend • Dec 22Upcoming dividend of ₩1,200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (2.1%).Upcoming Dividend • Dec 22Upcoming dividend of ₩1,200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (2.1%).Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS ₩1,689 (vs ₩1,219 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₩2.17t (down 6.2% from 3Q 2020). Net income: ₩143.3b (up 48% from 3Q 2020). Profit margin: 6.6% (up from 4.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • May 11An unknown buyer acquired 5% stake in Gyeonggi Pyeongtaek Global Co., Ltd from GS Engineering & Construction Corporation (KOSE:A006360).An unknown buyer acquired 5% stake in Gyeonggi Pyeongtaek Global Co., Ltd from GS Engineering & Construction Corporation (KOSE:A006360) on May 10, 2021. GS Engineering & Construction Corporation will acquire 0.04 million shares. An unknown buyer completed the acquisition of 5% stake in Gyeonggi Pyeongtaek Global Co., Ltd from GS Engineering & Construction Corporation (KOSE:A006360) on May 10, 2021.Reported Earnings • May 01First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ₩2.01t (down 18% from 1Q 2020). Net income: ₩166.0b (up 29% from 1Q 2020). Profit margin: 8.3% (up from 5.3% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.分析記事 • Apr 30Are Investors Undervaluing GS Engineering & Construction Corporation (KRX:006360) By 36%?How far off is GS Engineering & Construction Corporation ( KRX:006360 ) from its intrinsic value? Using the most recent...分析記事 • Mar 18Is GS Engineering & Construction Corporation (KRX:006360) A Smart Choice For Dividend Investors?Could GS Engineering & Construction Corporation ( KRX:006360 ) be an attractive dividend share to own for the long...分析記事 • Feb 28We Like These Underlying Trends At GS Engineering & Construction (KRX:006360)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...お知らせ • Feb 27GS Engineering & Construction Corporation, Annual General Meeting, Mar 26, 2021GS Engineering & Construction Corporation, Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.分析記事 • Feb 13When Should You Buy GS Engineering & Construction Corporation (KRX:006360)?GS Engineering & Construction Corporation ( KRX:006360 ), might not be a large cap stock, but it received a lot of...分析記事 • Jan 31These 4 Measures Indicate That GS Engineering & Construction (KRX:006360) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Jan 27Price target raised to ₩45,980Up from ₩42,800, the current price target is an average from 24 analysts. The new target price is 12% above the current share price of ₩41,150. As of last close, the stock is up 41% over the past year.分析記事 • Jan 18Could The GS Engineering & Construction Corporation (KRX:006360) Ownership Structure Tell Us Something Useful?A look at the shareholders of GS Engineering & Construction Corporation ( KRX:006360 ) can tell us which group is most...Price Target Changed • Jan 13Price target raised to ₩39,200Up from ₩36,215, the current price target is an average from 25 analysts. The new target price is 8.4% below the current share price of ₩42,800. As of last close, the stock is up 42% over the past year.分析記事 • Jan 05Investors Who Bought GS Engineering & Construction (KRX:006360) Shares Five Years Ago Are Now Up 92%Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...株主還元A006360KR ConstructionKR 市場7D0.5%-0.6%4.6%1Y56.8%131.3%186.7%株主還元を見る業界別リターン: A006360過去 1 年間で131.3 % の収益を上げたKR Construction業界を下回りました。リターン対市場: A006360は、過去 1 年間で186.7 % のリターンを上げたKR市場を下回りました。価格変動Is A006360's price volatile compared to industry and market?A006360 volatilityA006360 Average Weekly Movement16.5%Construction Industry Average Movement9.8%Market Average Movement9.4%10% most volatile stocks in KR Market16.6%10% least volatile stocks in KR Market4.9%安定した株価: A006360の株価は、 KR市場と比較して過去 3 か月間で変動しています。時間の経過による変動: A006360の 週次ボラティリティ は、過去 1 年間で9%から17%に増加しました。会社概要設立従業員CEO(最高経営責任者ウェブサイト19693,667Yoon-Hong Huhwww.gsenc.comGSエンジニアリング&コンストラクション・コーポレーションは、韓国内外で土木・建築工事、新築住宅の建設・販売、修繕・メンテナンス、総合建設、技術コンサルティングなどの事業を展開している。建築・住宅建設事業、新規事業、プラント建設事業、インフラ事業、ECO事業、その他事業を展開している。建築・住宅建設事業では、住宅、オフィス、工場など様々なタイプの建築物を建設・販売している。新規事業」は、海外展開などを行っている。プラント建設事業」は、石油精製プラント、ガス・石油化学プラント、廃棄物・水処理プラント等の建設を行っている。インフラ事業」は、道路、鉄道、貯水池、港湾、工業団地、地下構造物などの建設や、民間資金によるインフラ整備事業を行っている。ECO事業」は、下水処理場、発電所、地域暖房、電力制御施設等の事業を行っている。その他事業」は、リゾート施設等の建設を行っている。また、複合火力発電所、原子力発電所、石炭発電所、再生可能エネルギー発電所、高圧変電所、送配電線、通信・鉄道インフラなどの開発・建設を行っている。さらに、文化施設、ホテル、レクリエーション施設、総合スポーツ施設の建設も行っている。さらに、建設管理、集団投資、情報通信、金融、リース、不動産関連サービスにも携わっている。さらに、漁業関連事業にも従事している。同社は以前、LG エンジニアリング&コンストラクション株式会社として知られていたが、2005年3月にGS エンジニアリング&コンストラクション株式会社に社名を変更した。GSエンジニアリング&コンストラクション・コーポレーションは1969年に設立され、韓国ソウルに本社を置いている。もっと見るGS Engineering & Construction Corporation 基礎のまとめGS Engineering & Construction の収益と売上を時価総額と比較するとどうか。A006360 基礎統計学時価総額₩2.73t収益(TTM)₩62.79b売上高(TTM)₩11.79t43.5xPER(株価収益率0.2xP/SレシオA006360 は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計A006360 損益計算書(TTM)収益₩11.79t売上原価₩10.54t売上総利益₩1.25tその他の費用₩1.19t収益₩62.79b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益(EPS)739.72グロス・マージン10.62%純利益率0.53%有利子負債/自己資本比率108.8%A006360 の長期的なパフォーマンスは?過去の実績と比較を見る配当金1.6%現在の配当利回り51%配当性向View Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/22 16:08終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋GS Engineering & Construction Corporation 18 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。32 アナリスト機関Jay YooBofA Global ResearchP. K. ParkCGS InternationalSungmee ParkCitigroup Inc29 その他のアナリストを表示
Board Change • May 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive VP of Finance Headquarters, CFO, Representative Director, President & CSSO Tae-Jin Kim was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩35,950, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in South Korea. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩17,489 per share.
お知らせ • Apr 23GS Engineering & Construction Corporation to Report Q1, 2026 Results on Apr 30, 2026GS Engineering & Construction Corporation announced that they will report Q1, 2026 results on Apr 30, 2026
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 30%After last week's 30% share price gain to ₩36,300, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in South Korea. Total returns to shareholders of 72% over the past three years.
Price Target Changed • Apr 11Price target increased by 10% to ₩29,105Up from ₩26,368, the current price target is an average from 19 analysts. New target price is 23% below last closing price of ₩37,650. Stock is up 131% over the past year. The company is forecast to post earnings per share of ₩3,448 for next year compared to ₩1,073 last year.
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).
Board Change • May 15High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive VP of Finance Headquarters, CFO, Representative Director, President & CSSO Tae-Jin Kim was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩35,950, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Construction industry in South Korea. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩17,489 per share.
お知らせ • Apr 23GS Engineering & Construction Corporation to Report Q1, 2026 Results on Apr 30, 2026GS Engineering & Construction Corporation announced that they will report Q1, 2026 results on Apr 30, 2026
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 30%After last week's 30% share price gain to ₩36,300, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in South Korea. Total returns to shareholders of 72% over the past three years.
Price Target Changed • Apr 11Price target increased by 10% to ₩29,105Up from ₩26,368, the current price target is an average from 19 analysts. New target price is 23% below last closing price of ₩37,650. Stock is up 131% over the past year. The company is forecast to post earnings per share of ₩3,448 for next year compared to ₩1,073 last year.
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 41%After last week's 41% share price gain to ₩31,650, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Construction industry in South Korea. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,504 per share.
Price Target Changed • Mar 20Price target increased by 7.6% to ₩26,105Up from ₩24,263, the current price target is an average from 19 analysts. New target price is 18% below last closing price of ₩31,800. Stock is up 81% over the past year. The company is forecast to post earnings per share of ₩3,367 for next year compared to ₩1,073 last year.
New Risk • Mar 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.8% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Dividend is not well covered by earnings (123% payout ratio). Profit margins are more than 30% lower than last year (0.8% net profit margin).
Buy Or Sell Opportunity • Mar 18Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to ₩25,600. The fair value is estimated to be ₩19,504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.0% per annum. Earnings are forecast to grow by 58% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩18,750, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Construction industry in South Korea. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,504 per share.
Buy Or Sell Opportunity • Feb 25Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to ₩23,850. The fair value is estimated to be ₩19,504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 0.4% per annum. Earnings are forecast to grow by 59% per annum over the same time period.
お知らせ • Feb 24GS Engineering & Construction Corporation, Annual General Meeting, Mar 24, 2026GS Engineering & Construction Corporation, Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: future hall, 33, jong-r, jongro-gu, seoul South Korea
Major Estimate Revision • Feb 10Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩12.5b to ₩11.7b. EPS estimate also fell from ₩4,120 per share to ₩3,517 per share. Net income forecast to grow 1,145% next year vs 34% growth forecast for Construction industry in South Korea. Consensus price target down from ₩25,050 to ₩24,400. Share price rose 11% to ₩21,400 over the past week.
Declared Dividend • Feb 08Dividend increased to ₩500Dividend of ₩500 is 67% higher than last year. Ex-date: 26th February 2026 Payment date: 1st January 1970 Dividend yield will be 2.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 8 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 37% to bring the payout ratio under control. EPS is expected to grow by 214% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Feb 07GS Engineering & Construction Corporation announces Annual dividendGS Engineering & Construction Corporation announced Annual dividend of KRW 500.0000 per share, ex-date on February 26, 2026 and record date on February 27, 2026.
お知らせ • Jan 30GS Engineering & Construction Corporation to Report Fiscal Year 2025 Results on Feb 06, 2026GS Engineering & Construction Corporation announced that they will report fiscal year 2025 results on Feb 06, 2026
分析記事 • Jan 07GS Engineering & Construction Corporation's (KRX:006360) Shareholders Might Be Looking For ExitThere wouldn't be many who think GS Engineering & Construction Corporation's ( KRX:006360 ) price-to-sales (or "P/S...
Reported Earnings • Nov 16Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: ₩1,060 (down from ₩1,398 in 3Q 2024). Revenue: ₩3.21t (up 3.2% from 3Q 2024). Net income: ₩89.9b (down 24% from 3Q 2024). Profit margin: 2.8% (down from 3.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 84%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Nov 07Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩1,446 to ₩1,647. Revenue forecast steady at ₩12.6b. Net income forecast to grow 414% next year vs 22% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩25,763. Share price fell 3.2% to ₩18,090 over the past week.
分析記事 • Nov 05Should You Investigate GS Engineering & Construction Corporation (KRX:006360) At ₩18,170?GS Engineering & Construction Corporation ( KRX:006360 ), is not the largest company out there, but it saw significant...
分析記事 • Sep 03Risks To Shareholder Returns Are Elevated At These Prices For GS Engineering & Construction Corporation (KRX:006360)With a median price-to-sales (or "P/S") ratio of close to 0.2x in the Construction industry in Korea, you could be...
New Risk • Aug 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 244% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 244% Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues miss analyst expectationsSecond quarter 2025 results: Revenue: ₩3.13t (down 5.1% from 2Q 2024). Net loss: ₩36.7b (down 236% from profit in 2Q 2024). Revenue missed analyst estimates by 2.1%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 13GS Engineering & Construction (KRX:006360) May Have Issues Allocating Its CapitalKOSE:A006360 1 Year Share Price vs Fair Value Explore GS Engineering & Construction's Fair Values from the Community...
Major Estimate Revision • Jul 31Consensus EPS estimates fall by 35%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩2,758 to ₩1,807 per share. Revenue forecast steady at ₩12.6b. Net income forecast to grow 37% next year vs 32% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩24,447. Share price fell 3.4% to ₩19,370 over the past week.
分析記事 • Jul 16Is GS Engineering & Construction (KRX:006360) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • May 28Investors Appear Satisfied With GS Engineering & Construction Corporation's (KRX:006360) Prospects As Shares Rocket 26%The GS Engineering & Construction Corporation ( KRX:006360 ) share price has done very well over the last month...
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩22,850, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 38% over the past three years.
分析記事 • May 12GS Engineering & Construction (KRX:006360) Will Be Hoping To Turn Its Returns On Capital AroundWhat underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on...
分析記事 • Apr 16Does GS Engineering & Construction (KRX:006360) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 24Why GS Engineering & Construction's (KRX:006360) Earnings Are Better Than They SeemThe market seemed underwhelmed by last week's earnings announcement from GS Engineering & Construction Corporation...
Reported Earnings • Mar 18Full year 2024 earnings: Revenues in line with analyst expectationsFull year 2024 results: Revenue: ₩13t (down 4.3% from FY 2023). Net income: ₩263.9b (up ₩745.8b from FY 2023). Profit margin: 2.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 21GS Engineering & Construction Corporation, Annual General Meeting, Mar 25, 2025GS Engineering & Construction Corporation, Annual General Meeting, Mar 25, 2025, at 10:00 Tokyo Standard Time. Location: future hall, 33, jong-ro, jongro-gu, seoul South Korea
分析記事 • Jan 28Fewer Investors Than Expected Jumping On GS Engineering & Construction Corporation (KRX:006360)There wouldn't be many who think GS Engineering & Construction Corporation's ( KRX:006360 ) price-to-sales (or "P/S...
お知らせ • Jan 23GS Engineering & Construction Corporation to Report Fiscal Year 2024 Results on Feb 05, 2025GS Engineering & Construction Corporation announced that they will report fiscal year 2024 results on Feb 05, 2025
分析記事 • Jan 07There Are Reasons To Feel Uneasy About GS Engineering & Construction's (KRX:006360) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
分析記事 • Nov 12GS Engineering & Construction (KRX:006360) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Sep 29GS Engineering & Construction (KRX:006360) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Aug 09Revenues Tell The Story For GS Engineering & Construction Corporation (KRX:006360) As Its Stock Soars 26%GS Engineering & Construction Corporation ( KRX:006360 ) shares have had a really impressive month, gaining 26% after a...
分析記事 • Aug 06Is GS Engineering & Construction (KRX:006360) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Jul 30Price target increased by 7.8% to ₩18,365Up from ₩17,040, the current price target is an average from 20 analysts. New target price is 7.0% below last closing price of ₩19,740. Stock is up 36% over the past year. The company is forecast to post earnings per share of ₩3,297 next year compared to a net loss per share of ₩5,677 last year.
Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: ₩484 (vs ₩3,517 loss in 2Q 2023)Second quarter 2024 results: EPS: ₩484 (up from ₩3,517 loss in 2Q 2023). Revenue: ₩3.30t (down 5.7% from 2Q 2023). Net income: ₩38.0b (up ₩336.6b from 2Q 2023). Profit margin: 1.2% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • May 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to ₩16,280. The fair value is estimated to be ₩13,553, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Apr 29There's Reason For Concern Over GS Engineering & Construction Corporation's (KRX:006360) PriceThere wouldn't be many who think GS Engineering & Construction Corporation's ( KRX:006360 ) price-to-sales (or "P/S...
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: ₩1,626 (vs ₩1,622 in 1Q 2023)First quarter 2024 results: EPS: ₩1,626 (up from ₩1,622 in 1Q 2023). Revenue: ₩3.07t (down 13% from 1Q 2023). Net income: ₩138.0b (flat on 1Q 2023). Profit margin: 4.5% (up from 3.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
Board Change • Apr 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Representative Director Yoon-Hong Huh was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 26Full year 2023 earnings released: ₩5,677 loss per share (vs ₩3,997 profit in FY 2022)Full year 2023 results: ₩5,677 loss per share (down from ₩3,997 profit in FY 2022). Revenue: ₩13t (up 9.2% from FY 2022). Net loss: ₩481.9b (down 242% from profit in FY 2022). Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
New Risk • Mar 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
Reported Earnings • Feb 02Full year 2023 earnings released: ₩4,936 loss per share (vs ₩3,997 profit in FY 2022)Full year 2023 results: ₩4,936 loss per share (down from ₩3,997 profit in FY 2022). Revenue: ₩13t (up 9.3% from FY 2022). Net loss: ₩419.0b (down 224% from profit in FY 2022). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Dec 20Upcoming dividend of ₩1,300 per share at 8.4% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 8.4%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.9%).
Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩3.00 (vs ₩1,701 in 3Q 2022)Third quarter 2023 results: EPS: ₩3.00 (down from ₩1,701 in 3Q 2022). Revenue: ₩3.11t (up 5.2% from 3Q 2022). Net income: ₩309.2m (down 100% from 3Q 2022). Profit margin: 0% (down from 4.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
Price Target Changed • Nov 04Price target decreased by 8.4% to ₩16,647Down from ₩18,167, the current price target is an average from 19 analysts. New target price is 21% above last closing price of ₩13,710. Stock is down 39% over the past year. The company is forecast to post a net loss per share of ₩1,425 compared to earnings per share of ₩3,997 last year.
New Risk • Aug 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Price Target Changed • Jul 28Price target decreased by 13% to ₩19,529Down from ₩22,353, the current price target is an average from 17 analysts. New target price is 39% above last closing price of ₩14,100. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩4,383 for next year compared to ₩3,997 last year.
Buying Opportunity • Jul 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be ₩17,804, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 2.9% in 2 years. Earnings is forecast to grow by 26% in the next 2 years.
Major Estimate Revision • Jul 12Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩4,765 to ₩4,248 per share. Revenue forecast steady at ₩13.7b. Net income forecast to grow 18% next year vs 2.9% growth forecast for Construction industry in South Korea. Consensus price target down from ₩27,382 to ₩24,294. Share price fell 21% to ₩14,220 over the past week.
Price Target Changed • Jul 07Price target decreased by 11% to ₩24,765Down from ₩27,912, the current price target is an average from 17 analysts. New target price is 80% above last closing price of ₩13,750. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩4,490 for next year compared to ₩3,997 last year.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩14,520, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Construction industry in South Korea. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩18,862 per share.
Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 9.9%. The fair value is estimated to be ₩23,886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 3.4% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.
Major Estimate Revision • May 04Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ₩12.6b to ₩13.1b. EPS estimate fell from ₩4,932 to ₩4,190 per share. Net income forecast to grow 1.3% next year vs 18% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩28,531. Share price fell 3.1% to ₩20,650 over the past week.
Reported Earnings • Mar 22Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: ₩3,997 (down from ₩4,834 in FY 2021). Revenue: ₩12t (up 36% from FY 2021). Net income: ₩339.3b (down 17% from FY 2021). Profit margin: 2.8% (down from 4.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) missed analyst estimates by 32%. Revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.
Buying Opportunity • Feb 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be ₩29,076, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.2% in 2 years. Earnings is forecast to decline by 12% in the next 2 years.
Major Estimate Revision • Feb 01Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ₩11.6b to ₩12.1b. EPS estimate fell from ₩5,113 to ₩4,566 per share. Net income forecast to shrink 17% next year vs 1.5% growth forecast for Construction industry in South Korea . Consensus price target of ₩31,000 unchanged from last update. Share price was steady at ₩23,100 over the past week.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩23,150, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Construction industry in South Korea. Total loss to shareholders of 10% over the past three years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩1,300 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 23% and the cash payout ratio is 83%. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (3.2%).
Price Target Changed • Nov 26Price target decreased to ₩33,000Down from ₩35,706, the current price target is an average from 18 analysts. New target price is 40% above last closing price of ₩23,550. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₩6,273 for next year compared to ₩4,834 last year.
Reported Earnings • Nov 17Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: (down ₩128.6b from profit in 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent External Director Ho-Young Lee was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Oct 30Price target decreased to ₩38,625Down from ₩43,656, the current price target is an average from 16 analysts. New target price is 73% above last closing price of ₩22,350. Stock is down 46% over the past year. The company is forecast to post earnings per share of ₩6,567 for next year compared to ₩4,834 last year.
Major Estimate Revision • Oct 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ₩6,092 to ₩7,526. Revenue forecast steady at ₩10.8b. Net income forecast to grow 19% next year vs 11% growth forecast for Construction industry in South Korea. Consensus price target down from ₩43,656 to ₩42,719. Share price was steady at ₩22,650 over the past week.
Price Target Changed • Sep 30Price target decreased to ₩44,969Down from ₩49,324, the current price target is an average from 16 analysts. New target price is 99% above last closing price of ₩22,550. Stock is down 46% over the past year. The company is forecast to post earnings per share of ₩6,068 for next year compared to ₩4,834 last year.
Price Target Changed • Jul 11Price target decreased to ₩49,656Down from ₩53,969, the current price target is an average from 18 analysts. New target price is 72% above last closing price of ₩28,950. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₩6,075 for next year compared to ₩4,834 last year.
Board Change • May 09High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent External Director Ho-Young Lee was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Apr 28Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩9.84b to ₩9.53b. EPS estimate also fell from ₩6,110 per share to ₩5,385 per share. Net income forecast to grow 11% next year vs 15% growth forecast for Construction industry in South Korea. Consensus price target of ₩55,075 unchanged from last update. Share price rose 3.0% to ₩42,600 over the past week.
Reported Earnings • Jan 30Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ₩5,007 (up from ₩3,919 in FY 2020). Revenue: ₩9.04t (down 11% from FY 2020). Net income: ₩425.0b (up 37% from FY 2020). Profit margin: 4.7% (up from 3.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 6.8%, compared to a 28% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jan 28Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩10.3b to ₩9.79b. EPS estimate also fell from ₩6,657 per share to ₩5,812 per share. Net income forecast to grow 41% next year vs 20% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩54,521. Share price was steady at ₩39,250 over the past week.
Upcoming Dividend • Dec 22Upcoming dividend of ₩1,200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (2.1%).
Upcoming Dividend • Dec 22Upcoming dividend of ₩1,200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (2.1%).
Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS ₩1,689 (vs ₩1,219 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₩2.17t (down 6.2% from 3Q 2020). Net income: ₩143.3b (up 48% from 3Q 2020). Profit margin: 6.6% (up from 4.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • May 11An unknown buyer acquired 5% stake in Gyeonggi Pyeongtaek Global Co., Ltd from GS Engineering & Construction Corporation (KOSE:A006360).An unknown buyer acquired 5% stake in Gyeonggi Pyeongtaek Global Co., Ltd from GS Engineering & Construction Corporation (KOSE:A006360) on May 10, 2021. GS Engineering & Construction Corporation will acquire 0.04 million shares. An unknown buyer completed the acquisition of 5% stake in Gyeonggi Pyeongtaek Global Co., Ltd from GS Engineering & Construction Corporation (KOSE:A006360) on May 10, 2021.
Reported Earnings • May 01First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ₩2.01t (down 18% from 1Q 2020). Net income: ₩166.0b (up 29% from 1Q 2020). Profit margin: 8.3% (up from 5.3% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.
分析記事 • Apr 30Are Investors Undervaluing GS Engineering & Construction Corporation (KRX:006360) By 36%?How far off is GS Engineering & Construction Corporation ( KRX:006360 ) from its intrinsic value? Using the most recent...
分析記事 • Mar 18Is GS Engineering & Construction Corporation (KRX:006360) A Smart Choice For Dividend Investors?Could GS Engineering & Construction Corporation ( KRX:006360 ) be an attractive dividend share to own for the long...
分析記事 • Feb 28We Like These Underlying Trends At GS Engineering & Construction (KRX:006360)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
お知らせ • Feb 27GS Engineering & Construction Corporation, Annual General Meeting, Mar 26, 2021GS Engineering & Construction Corporation, Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.
分析記事 • Feb 13When Should You Buy GS Engineering & Construction Corporation (KRX:006360)?GS Engineering & Construction Corporation ( KRX:006360 ), might not be a large cap stock, but it received a lot of...
分析記事 • Jan 31These 4 Measures Indicate That GS Engineering & Construction (KRX:006360) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Jan 27Price target raised to ₩45,980Up from ₩42,800, the current price target is an average from 24 analysts. The new target price is 12% above the current share price of ₩41,150. As of last close, the stock is up 41% over the past year.
分析記事 • Jan 18Could The GS Engineering & Construction Corporation (KRX:006360) Ownership Structure Tell Us Something Useful?A look at the shareholders of GS Engineering & Construction Corporation ( KRX:006360 ) can tell us which group is most...
Price Target Changed • Jan 13Price target raised to ₩39,200Up from ₩36,215, the current price target is an average from 25 analysts. The new target price is 8.4% below the current share price of ₩42,800. As of last close, the stock is up 42% over the past year.
分析記事 • Jan 05Investors Who Bought GS Engineering & Construction (KRX:006360) Shares Five Years Ago Are Now Up 92%Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...