Korea Airport ServiceLtd Valuation

Q: What is the Fair Price of A005430 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A005430 (₩56900) is trading below our estimate of [[fair value]] (₩235479.01)

Is A005430 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A005430 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A005430 (₩56900) is trading below our estimate of fair value (₩235479.01)

Significantly Below Fair Value: A005430 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A005430?

Key metric: As A005430 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A005430. This is calculated by dividing A005430's market cap by their current earnings.
What is A005430's PE Ratio?
PE Ratio	3.9x
Earnings	₩44.07b
Market Cap	₩177.68b

A005430 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.09x
Enterprise Value/EBITDA	0.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does A005430's PE Ratio compare to its peers?

The above table shows the PE ratio for A005430 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	6x
A004140 Dongbang Transport Logistics	4.3x	n/a	₩100.4b
A038390 RedcapTour	7.2x	n/a	₩151.8b
A003100 SUN KWANGLtd	3.1x	n/a	₩93.5b
A044450 KSS Line	9.6x	-0.5%	₩195.7b
A005430 Korea Airport ServiceLtd	3.9x	n/a	₩177.7b

Price-To-Earnings vs Peers: A005430 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (6.1x).

Price to Earnings Ratio vs Industry

How does A005430's PE Ratio compare vs other companies in the Asian Infrastructure Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: A005430 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the Asian Infrastructure industry average (13.8x).

Price to Earnings Ratio vs Fair Ratio

What is A005430's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A005430 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate A005430's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.