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A034

Incheon City GasKOSE:A034590 Stock Report

Market Cap

₩110.9b

7D

-4.4%

1Y

3.7%

Updated

30 Nov, 2021

Data

Company Financials
A034590 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends3/6

A034590 Stock Overview

Incheon City Gas Co., Ltd. supplies gas in South Korea.

Price History & Performance

Summary of all time highs, changes and price drops for Incheon City Gas
Historical stock prices
Current Share Price₩26,900.00
52 Week High₩32,000.00
52 Week Low₩24,350.00
Beta0.14
1 Month Change-6.27%
3 Month Change-3.76%
1 Year Change3.66%
3 Year Change-10.63%
5 Year Change-14.60%
Change since IPO2.21%

Recent News & Updates

Apr 08
Is Incheon City Gas Co., Ltd. (KRX:034590) At Risk Of Cutting Its Dividend?

Is Incheon City Gas Co., Ltd. (KRX:034590) At Risk Of Cutting Its Dividend?

Is Incheon City Gas Co., Ltd. ( KRX:034590 ) a good dividend stock? How can we tell? Dividend paying companies with...

Mar 19
A Look At The Fair Value Of Incheon City Gas Co., Ltd. (KRX:034590)

A Look At The Fair Value Of Incheon City Gas Co., Ltd. (KRX:034590)

How far off is Incheon City Gas Co., Ltd. ( KRX:034590 ) from its intrinsic value? Using the most recent financial...

Mar 01
If You Had Bought Incheon City Gas' (KRX:034590) Shares Three Years Ago You Would Be Down 17%

If You Had Bought Incheon City Gas' (KRX:034590) Shares Three Years Ago You Would Be Down 17%

As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...

Feb 08
Is Incheon City Gas (KRX:034590) A Risky Investment?

Is Incheon City Gas (KRX:034590) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

A034590KR Gas UtilitiesKR Market
7D-4.4%-3.4%-2.9%
1Y3.7%35.6%8.3%

Return vs Industry: A034590 underperformed the KR Gas Utilities industry which returned 35.6% over the past year.

Return vs Market: A034590 underperformed the KR Market which returned 8.3% over the past year.

Price Volatility

Is A034590's price volatile compared to industry and market?
A034590 volatility
A034590 Average Weekly Movement2.5%
Gas Utilities Industry Average Movement4.0%
Market Average Movement6.0%
10% most volatile stocks in KR Market11.4%
10% least volatile stocks in KR Market3.4%

Stable Share Price: A034590 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: A034590's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983185Dae-Yong Parkhttps://www.icgas.co.kr

Incheon City Gas Co., Ltd. supplies gas in South Korea. The company operates through a pipeline network of 1,534 kilometers. It also supplies electricity.

Incheon City Gas Fundamentals Summary

How do Incheon City Gas's earnings and revenue compare to its market cap?
A034590 fundamental statistics
Market Cap₩110.88b
Earnings (TTM)₩9.33b
Revenue (TTM)₩482.41b

11.9x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A034590 income statement (TTM)
Revenue₩482.41b
Cost of Revenue₩416.48b
Gross Profit₩65.93b
Expenses₩56.60b
Earnings₩9.33b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.26k
Gross Margin13.67%
Net Profit Margin1.93%
Debt/Equity Ratio3.0%

How did A034590 perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

55%

Payout Ratio

Does A034590 pay a reliable dividends?

See A034590 dividend history and benchmarks
When do you need to buy A034590 by to receive an upcoming dividend?
Incheon City Gas dividend dates
Ex Dividend DateDec 29 2021
Dividend Pay DateMar 30 2022
Days until Ex dividend28 days
Days until Dividend pay date119 days

Does A034590 pay a reliable dividends?

See A034590 dividend history and benchmarks

Valuation

Is Incheon City Gas undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A034590 (₩26900) is trading below our estimate of fair value (₩108859.94)

Significantly Below Fair Value: A034590 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A034590 is good value based on its PE Ratio (11.9x) compared to the KR Gas Utilities industry average (12.7x).

PE vs Market: A034590 is good value based on its PE Ratio (11.9x) compared to the KR market (15x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A034590's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A034590's PB Ratio (0.6x) is in line with the KR Gas Utilities industry average.


Future Growth

How is Incheon City Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.6%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Incheon City Gas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Incheon City Gas performed over the past 5 years?

-13.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A034590 has high quality earnings.

Growing Profit Margin: A034590's current net profit margins (1.9%) are lower than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: A034590's earnings have declined by 13.6% per year over the past 5 years.

Accelerating Growth: A034590's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A034590 had negative earnings growth (-10.1%) over the past year, making it difficult to compare to the Gas Utilities industry average (44.5%).


Return on Equity

High ROE: A034590's Return on Equity (4.9%) is considered low.


Financial Health

How is Incheon City Gas's financial position?


Financial Position Analysis

Short Term Liabilities: A034590's short term assets (₩134.5B) exceed its short term liabilities (₩55.7B).

Long Term Liabilities: A034590's short term assets (₩134.5B) exceed its long term liabilities (₩82.4B).


Debt to Equity History and Analysis

Debt Level: A034590 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if A034590's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: A034590's debt is well covered by operating cash flow (544.7%).

Interest Coverage: A034590 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Incheon City Gas's current dividend yield, its reliability and sustainability?

4.65%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 01 2021Ex Dividend DateDec 29 2021Dividend Pay DateMar 30 202291 days from Ex DividendBuy in the next 28 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: A034590's dividend (4.65%) is higher than the bottom 25% of dividend payers in the KR market (0.79%).

High Dividend: A034590's dividend (4.65%) is in the top 25% of dividend payers in the KR market (2.5%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A034590 has been paying a dividend for less than 10 years.

Growing Dividend: A034590 has only been paying a dividend for 3 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.3%), A034590's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.8yrs

Average board tenure


CEO

Dae-Yong Park (70 yo)

10.83yrs

Tenure

Mr. Dae-Yong Park has been Chief Executive Officer and President of Incheon City Gas Co., Ltd. since 2011. Mr. Park served as Senior Managing Director of Incheon City Gas Co., Ltd.since 2004. Mr. Park ser...


Board Members

Experienced Board: A034590's board of directors are seasoned and experienced ( 14.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Incheon City Gas Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Incheon City Gas Co., Ltd.
  • Ticker: A034590
  • Exchange: KOSE
  • Founded: 1983
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: ₩110.882b
  • Shares outstanding: 4.12m
  • Website: https://www.icgas.co.kr

Number of Employees


Location

  • Incheon City Gas Co., Ltd.
  • 23, Baekbeom-ro
  • 934beon-gil
  • Incheon
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 16:00
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.