Price Target Changed • 23h
Price target decreased by 7.3% to ₩102,357 Down from ₩110,429, the current price target is an average from 14 analysts. New target price is 65% above last closing price of ₩62,000. Stock is up 24% over the past year. The company is forecast to post earnings per share of ₩10,934 for next year compared to ₩8,301 last year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩79,000, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩142,160 per share. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩84,200, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Construction industry in South Korea. Total returns to shareholders of 153% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩142,975 per share. Major Estimate Revision • May 05
Consensus EPS estimates increase by 23% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from ₩8,908 to ₩10,955. Revenue forecast steady at ₩7.00b. Net income forecast to grow 15% next year vs 42% growth forecast for Construction industry in South Korea. Consensus price target up from ₩86,071 to ₩109,500. Share price fell 8.6% to ₩91,300 over the past week. Announcement • Apr 29
DL E&C Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 DL E&C Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₩96,800, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Construction industry in South Korea. Total returns to shareholders of 205% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩162,876 per share. Price Target Changed • Mar 24
Price target increased by 7.2% to ₩59,643 Up from ₩55,643, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of ₩59,800. Stock is up 45% over the past year. New Risk • Mar 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 12% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₩67,300, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Construction industry in South Korea. Total returns to shareholders of 120% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩41,650, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Construction industry in South Korea. Total returns to shareholders of 31% over the past three years. Major Estimate Revision • Aug 04
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩8,231 to ₩6,195 per share. Revenue forecast steady at ₩7.79b. Net income forecast to grow 49% next year vs 19% growth forecast for Construction industry in South Korea. Consensus price target of ₩59,625 unchanged from last update. Share price fell 4.4% to ₩44,550 over the past week. Announcement • Jul 31
DL E&C Co.,Ltd. (KOSE:A375500) announces an Equity Buyback for KRW 32,300 million worth of its shares. DL E&C Co.,Ltd. (KOSE:A375500) announces a share repurchase program. Under the program, the company will repurchase up to KRW 32,300 million worth of its common stock, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value. The program will expire on December 24, 2025. As of July 30, 2025, the company had 311,339 shares in treasury within scope available for dividend and had 37,214 shares in treasury under other acquisitions. Announcement • Jul 24
DL E&C Co.,Ltd. to Report First Half, 2025 Results on Jul 31, 2025 DL E&C Co.,Ltd. announced that they will report first half, 2025 results on Jul 31, 2025 Price Target Changed • Jul 09
Price target increased by 7.4% to ₩57,500 Up from ₩53,563, the current price target is an average from 16 analysts. New target price is 16% above last closing price of ₩49,550. Stock is up 56% over the past year. The company is forecast to post earnings per share of ₩8,098 for next year compared to ₩5,137 last year. New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩58,100, 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 returns to shareholders of 49% over the past three years. Major Estimate Revision • Apr 30
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩8,618 to ₩7,297. Revenue forecast unchanged from ₩7.88b at last update. Net income forecast to grow 23% next year vs 14% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩49,875. Share price rose 6.4% to ₩43,400 over the past week. Announcement • Apr 18
DL E&C Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 DL E&C Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Price Target Changed • Mar 26
Price target increased by 7.5% to ₩48,800 Up from ₩45,375, the current price target is an average from 15 analysts. New target price is 16% above last closing price of ₩42,050. Stock is up 15% over the past year. The company is forecast to post earnings per share of ₩8,819 for next year compared to ₩5,692 last year. Announcement • Feb 21
DL E&C Co.,Ltd., Annual General Meeting, Mar 24, 2025 DL E&C Co.,Ltd., Annual General Meeting, Mar 24, 2025, at 09:00 Tokyo Standard Time. Location: seminar room, 134, tongil-ro, jongno-gu, seoul South Korea Price Target Changed • Feb 15
Price target increased by 7.1% to ₩45,188 Up from ₩42,200, the current price target is an average from 16 analysts. New target price is 19% above last closing price of ₩38,050. Stock is down 1.7% over the past year. The company is forecast to post earnings per share of ₩4,533 for next year compared to ₩4,215 last year. Major Estimate Revision • Feb 07
Consensus EPS estimates increase by 19%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₩8.24b to ₩7.79b. EPS estimate rose from ₩7,042 to ₩8,354. Net income forecast to grow 219% next year vs 41% growth forecast for Construction industry in South Korea. Consensus price target up from ₩42,461 to ₩43,400. Share price rose 18% to ₩36,900 over the past week. Upcoming Dividend • Dec 20
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (3.2%). Major Estimate Revision • Nov 01
Consensus EPS estimates increase by 15% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩4,809 to ₩5,548. Revenue forecast steady at ₩8.36b. Net income forecast to grow 126% next year vs 28% growth forecast for Construction industry in South Korea. Consensus price target of ₩43,286 unchanged from last update. Share price rose 3.3% to ₩31,150 over the past week. Announcement • Oct 17
DL E&C Co.,Ltd. to Report Nine Months, 2024 Results on Oct 31, 2024 DL E&C Co.,Ltd. announced that they will report nine months, 2024 results on Oct 31, 2024 Announcement • Sep 23
DL E&C Co.,Ltd.(KOSE:A375500) dropped from FTSE All-World Index (USD) DL E&C Co.,Ltd.(KOSE:A375500) dropped from FTSE All-World Index (USD) New Risk • Sep 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩28,900, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 57% over the past three years. Major Estimate Revision • Aug 03
Consensus EPS estimates fall by 27% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩6,277 to ₩4,609 per share. Revenue forecast steady at ₩8.39b. Net income forecast to grow 102% next year vs 13% growth forecast for Construction industry in South Korea. Consensus price target down from ₩46,133 to ₩44,800. Share price fell 5.4% to ₩32,500 over the past week. Announcement • Jul 16
DL E&C Co.,Ltd. to Report Q2, 2024 Results on Aug 01, 2024 DL E&C Co.,Ltd. announced that they will report Q2, 2024 results on Aug 01, 2024 Announcement • Jun 10
DL E&C Co.,Ltd. (KOSE:A375500) announces an Equity Buyback for KRW 9,400 million worth of its shares. DL E&C Co.,Ltd. (KOSE:A375500) announces a share repurchase program. Under the program, the company will repurchase up to KRW 9,400 million worth of its shares, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value through stabilizing stock prices. The program will expire on December 27, 2024. As of June 9, 2024, the company had 5,208 shares in treasury within scope available for dividend and had 37,214 shares in treasury under other acquisitions. New Risk • May 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Major Estimate Revision • May 04
Consensus EPS estimates fall by 16% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩8,423 to ₩7,113 per share. Revenue forecast steady at ₩8.52b. Net income forecast to grow 55% next year vs 6.3% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩48,867. Share price was steady at ₩35,150 over the past week. Announcement • Apr 19
DL E&C Co.,Ltd. to Report Q1, 2024 Results on May 02, 2024 DL E&C Co.,Ltd. announced that they will report Q1, 2024 results on May 02, 2024 Board Change • Apr 11
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CEO & Chairman Chang Min Ma is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: ₩4,679 (vs ₩10,130 in FY 2022) Full year 2023 results: EPS: ₩4,679 (down from ₩10,130 in FY 2022). Revenue: ₩7.99t (up 6.6% from FY 2022). Net income: ₩187.9b (down 55% from FY 2022). Profit margin: 2.4% (down from 5.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Construction industry in South Korea. Announcement • Mar 06
DL E&C Co.,Ltd., Annual General Meeting, Mar 21, 2024 DL E&C Co.,Ltd., Annual General Meeting, Mar 21, 2024, at 09:01 Korea Standard Time. Location: 3F Seminar Hall, D Tower Donuimun, 134, Tongil-ro (Pyeong-dong), Seoul South Korea Agenda: To consider and Approval of the 3rd financial statements (including the statement of appropriation of retained earnings) and consolidated financial statements; to consider and Appointment of directors; to consider and Appointment of members of audit committee; to consider and Appointment of a member of the audit committee Namkung Ju-hyun; and to consider other matters. Announcement • Feb 15
DL E&C Co.,Ltd. (KOSE:A375500) completed the acquisition of DL Construction Co., Ltd. (KOSE:A001880). DL E&C Co.,Ltd. (KOSE:A375500) agreed to acquire DL Construction Co., Ltd. (KOSE:A001880) for KRW 93.3 billion on October 18, 2023. The exchange ratio of the transaction is 1 : 0.3704268. Following closing, DL Construction will become subsidiary of DL E&C. The transaction is subject to shareholder's approval and is expected to close on February 14, 2024.
DL E&C Co.,Ltd. (KOSE:A375500) completed the acquisition of DL Construction Co., Ltd. (KOSE:A001880) on February 14, 2024. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩43,200, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Construction industry in South Korea. Total loss to shareholders of 24% over the past three years. Price Target Changed • Jan 24
Price target increased by 7.4% to ₩47,633 Up from ₩44,343, the current price target is an average from 15 analysts. New target price is 29% above last closing price of ₩36,950. Stock is down 0.8% over the past year. The company is forecast to post earnings per share of ₩6,532 for next year compared to ₩9,132 last year. Board Change • Dec 31
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Outside Director Il Yoon Kim is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Dec 20
Upcoming dividend of ₩1,000 per share at 2.7% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (2.9%). Major Estimate Revision • Oct 29
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩8.02b to ₩7.93b. EPS estimate also fell from ₩7,273 per share to ₩6,517 per share. Net income forecast to grow 11% next year vs 8.2% growth forecast for Construction industry in South Korea. Consensus price target of ₩44,077 unchanged from last update. Share price was steady at ₩34,000 over the past week. Major Estimate Revision • Aug 04
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩8.17b to ₩7.95b. EPS estimate also fell from ₩8,849 per share to ₩7,813 per share. Net income forecast to shrink 9.5% next year vs 1.8% growth forecast for Construction industry in South Korea . Consensus price target down from ₩47,846 to ₩45,538. Share price was steady at ₩30,500 over the past week. Announcement • Jul 18
DL E&C Co.,Ltd. to Report Q2, 2023 Results on Jul 27, 2023 DL E&C Co.,Ltd. announced that they will report Q2, 2023 results on Jul 27, 2023 Major Estimate Revision • May 04
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ₩8,033 to ₩8,879. Revenue forecast steady at ₩8.11b. Net income forecast to shrink 14% next year vs 18% growth forecast for Construction industry in South Korea . Consensus price target broadly unchanged at ₩47,455. Share price rose 4.7% to ₩35,450 over the past week. Reported Earnings • Mar 18
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: ₩10,130 (down from ₩13,452 in FY 2021). Revenue: ₩7.50t (down 1.8% from FY 2021). Net income: ₩413.2b (down 28% from FY 2021). Profit margin: 5.5% (down from 7.6% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.6%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Construction industry in South Korea. Price Target Changed • Feb 09
Price target decreased by 7.8% to ₩49,800 Down from ₩54,000, the current price target is an average from 10 analysts. New target price is 44% above last closing price of ₩34,650. Stock is down 41% over the past year. The company is forecast to post earnings per share of ₩10,962 for next year compared to ₩12,127 last year. Upcoming Dividend • Dec 21
Upcoming dividend of ₩1,350 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 20 April 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (3.2%). Price Target Changed • Dec 01
Price target decreased to ₩54,500 Down from ₩61,455, the current price target is an average from 12 analysts. New target price is 31% above last closing price of ₩41,650. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₩11,385 for next year compared to ₩12,127 last year. Major Estimate Revision • Jul 29
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩11,477 to ₩9,321. Revenue forecast unchanged from ₩7.70b at last update. Net income forecast to shrink 7.7% next year vs 16% growth forecast for Construction industry in South Korea . Consensus price target broadly unchanged at ₩71,500. Share price was steady at ₩40,550 over the past week. Price Target Changed • Jul 07
Price target decreased to ₩76,714 Down from ₩83,429, the current price target is an average from 14 analysts. New target price is 91% above last closing price of ₩40,150. Stock is down 47% over the past year. The company is forecast to post earnings per share of ₩12,206 for next year compared to ₩12,127 last year. Major Estimate Revision • May 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩14,598 to ₩11,120 per share. Revenue forecast steady at ₩8.17b. Net income forecast to shrink 25% next year vs 21% growth forecast for Construction industry in South Korea . Consensus price target broadly unchanged at ₩90,393. Share price fell 5.4% to ₩55,700 over the past week. Price Target Changed • Apr 14
Price target increased to ₩97,964 Up from ₩91,536, the current price target is an average from 14 analysts. New target price is 63% above last closing price of ₩60,100. Stock is down 11% over the past year. The company is forecast to post earnings per share of ₩15,234 for next year compared to ₩13,452 last year. Price Target Changed • Apr 09
Price target increased to ₩98,679 Up from ₩91,536, the current price target is an average from 14 analysts. New target price is 57% above last closing price of ₩63,000. Stock is down 0.8% over the past year. The company is forecast to post earnings per share of ₩15,309 for next year compared to ₩13,452 last year. Board Change • Sep 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Adviser & Chairman of the Board Yong Nam was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 09
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Adviser & Chairman of the Board Yong Nam was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Executive Adviser & Chairman of the Board Yong Nam was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
