KUMHO Engineering & Construction Valuation
Is A002990 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of A002990 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: A002990 (₩2930) is trading above our estimate of fair value (₩1453.35)
Significantly Below Fair Value: A002990 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for A002990?
Key metric: As A002990 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is A002990's PS Ratio? | |
|---|---|
| PS Ratio | 0.05x |
| Sales | ₩2.00t |
| Market Cap | ₩107.99b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.1x |
| Enterprise Value/EBITDA | -1.7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does A002990's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.3x | ||
A282720 Kumyang Green Power | 0.4x | n/a | ₩102.0b |
A026150 Tuksu Engineering & ConstructionLtd | 0.5x | n/a | ₩110.0b |
A100130 Dongkuk Structures & Construction | 0.3x | -2.9% | ₩119.3b |
A013580 Kyeryong Construction Industrial | 0.04x | n/a | ₩114.8b |
A002990 KUMHO Engineering & Construction | 0.05x | 3.7% | ₩108.0b |
Price-To-Sales vs Peers: A002990 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.3x).
Price to Sales Ratio vs Industry
How does A002990's PS Ratio compare vs other companies in the KR Construction Industry?
| 9 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| Industry Avg. | 0.2x | 3.0% | |
A002990 KUMHO Engineering & Construction | 0.05x | 3.7% | US$77.32m |
A000720 Hyundai Engineering & ConstructionLtd | 0.09x | -3.5% | US$2.28b |
A003070 Kolon Global | 0.07x | 5.1% | US$148.43m |
| 9 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
| Industry Avg. | 0.2x | 18.5% | |
A002990 KUMHO Engineering & Construction | 0.05x | 104.0% | US$77.32m |
Price-To-Sales vs Industry: A002990 is good value based on its Price-To-Sales Ratio (0.1x) compared to the KR Construction industry average (0.2x).
Price to Sales Ratio vs Fair Ratio
What is A002990's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.05x |
| Fair PS Ratio | 0.2x |
Price-To-Sales vs Fair Ratio: A002990 is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ₩2,930.00 | ₩3,200.00 +9.2% | 25.0% | ₩4,000.00 | ₩2,400.00 | n/a | 2 |
| Nov ’25 | ₩2,830.00 | ₩4,800.00 +69.6% | 4.2% | ₩5,000.00 | ₩4,600.00 | n/a | 2 |
| Oct ’25 | ₩3,240.00 | ₩4,800.00 +48.1% | 4.2% | ₩5,000.00 | ₩4,600.00 | n/a | 2 |
| Sep ’25 | ₩3,515.00 | ₩5,200.00 +47.9% | 11.3% | ₩6,000.00 | ₩4,600.00 | n/a | 3 |
| Aug ’25 | ₩3,760.00 | ₩5,533.33 +47.2% | 11.9% | ₩6,000.00 | ₩4,600.00 | n/a | 3 |
| Jul ’25 | ₩3,875.00 | ₩5,533.33 +42.8% | 11.9% | ₩6,000.00 | ₩4,600.00 | n/a | 3 |
| Jun ’25 | ₩3,935.00 | ₩5,533.33 +40.6% | 11.9% | ₩6,000.00 | ₩4,600.00 | n/a | 3 |
| May ’25 | ₩4,240.00 | ₩6,233.33 +47.0% | 3.3% | ₩6,500.00 | ₩6,000.00 | n/a | 3 |
| Apr ’25 | ₩4,460.00 | ₩6,233.33 +39.8% | 3.3% | ₩6,500.00 | ₩6,000.00 | n/a | 3 |
| Mar ’25 | ₩5,020.00 | ₩6,566.67 +30.8% | 10.1% | ₩7,500.00 | ₩6,000.00 | n/a | 3 |
| Feb ’25 | ₩5,200.00 | ₩6,833.33 +31.4% | 9.1% | ₩7,500.00 | ₩6,000.00 | n/a | 3 |
| Jan ’25 | ₩5,190.00 | ₩6,833.33 +31.7% | 9.1% | ₩7,500.00 | ₩6,000.00 | n/a | 3 |
| Dec ’24 | ₩5,420.00 | ₩6,833.33 +26.1% | 9.1% | ₩7,500.00 | ₩6,000.00 | n/a | 3 |
| Nov ’24 | ₩5,090.00 | ₩6,966.67 +36.9% | 6.5% | ₩7,500.00 | ₩6,400.00 | ₩2,830.00 | 3 |
| Oct ’24 | ₩5,100.00 | ₩6,966.67 +36.6% | 6.5% | ₩7,500.00 | ₩6,400.00 | ₩3,240.00 | 3 |
| Sep ’24 | ₩5,350.00 | ₩6,966.67 +30.2% | 6.5% | ₩7,500.00 | ₩6,400.00 | ₩3,515.00 | 3 |
| Aug ’24 | ₩5,540.00 | ₩7,250.00 +30.9% | 3.4% | ₩7,500.00 | ₩7,000.00 | ₩3,760.00 | 2 |
| Jul ’24 | ₩6,120.00 | ₩8,000.00 +30.7% | 6.3% | ₩8,500.00 | ₩7,500.00 | ₩3,875.00 | 2 |
| Jun ’24 | ₩6,310.00 | ₩8,000.00 +26.8% | 6.3% | ₩8,500.00 | ₩7,500.00 | ₩3,935.00 | 2 |
| May ’24 | ₩6,380.00 | ₩9,250.00 +45.0% | 8.1% | ₩10,000.00 | ₩8,500.00 | ₩4,240.00 | 2 |
| Apr ’24 | ₩6,200.00 | ₩9,250.00 +49.2% | 8.1% | ₩10,000.00 | ₩8,500.00 | ₩4,460.00 | 2 |
| Mar ’24 | ₩6,710.00 | ₩10,166.67 +51.5% | 14.1% | ₩12,000.00 | ₩8,500.00 | ₩5,020.00 | 3 |
| Feb ’24 | ₩7,210.00 | ₩10,666.67 +47.9% | 8.8% | ₩12,000.00 | ₩10,000.00 | ₩5,200.00 | 3 |
| Jan ’24 | ₩7,000.00 | ₩10,666.67 +52.4% | 8.8% | ₩12,000.00 | ₩10,000.00 | ₩5,190.00 | 3 |
| Dec ’23 | ₩8,270.00 | ₩10,666.67 +29.0% | 8.8% | ₩12,000.00 | ₩10,000.00 | ₩5,420.00 | 3 |
| Nov ’23 | ₩6,240.00 | ₩13,333.33 +113.7% | 9.4% | ₩15,000.00 | ₩12,000.00 | ₩5,090.00 | 3 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
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