Korea Gas Corporation

KOSE:A036460 Stock Report

Market Cap: ₩3.0t

Korea Gas Valuation

Is A036460 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 A036460 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A036460 (₩34100) is trading below our estimate of fair value (₩511323.37)

Significantly Below Fair Value: A036460 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A036460?

Key metric: As A036460 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A036460. This is calculated by dividing A036460's market cap by their current earnings.
What is A036460's PE Ratio?
PE Ratio20.2x
Earnings₩147.54b
Market Cap₩2.98t

Price to Earnings Ratio vs Peers

How does A036460's PE Ratio compare to its peers?

The above table shows the PE ratio for A036460 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.2x
A004690 SamchullyLtd
2.8xn/a₩303.7b
A117580 Daesung Energy
12.4xn/a₩234.1b
A017390 Seoul City Gas
6.4xn/a₩193.4b
A015360 Yesco Holdings
7.3xn/a₩211.5b
A036460 Korea Gas
20.2x22.7%₩3.0t

Price-To-Earnings vs Peers: A036460 is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (7.2x).

Price to Earnings Ratio vs Industry

How does A036460's PE Ratio compare vs other companies in the Asian Gas Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A036460 20.2xIndustry Avg. 14.6xNo. of Companies9PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A036460 is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the Asian Gas Utilities industry average (14.6x).

Price to Earnings Ratio vs Fair Ratio

What is A036460'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.

A036460 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.2x
Fair PE Ratio13.6x

Price-To-Earnings vs Fair Ratio: A036460 is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).

Analyst Price Targets

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

The above table shows the analyst A036460 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩34,100.00
₩51,909.09
+52.2%
25.8%₩83,000.00₩25,000.00n/a11
Dec ’25₩44,650.00
₩52,083.33
+16.6%
22.1%₩83,000.00₩36,000.00n/a12
Nov ’25₩37,750.00
₩52,454.55
+39.0%
23.3%₩83,000.00₩36,000.00n/a11
Oct ’25₩46,600.00
₩52,454.55
+12.6%
23.3%₩83,000.00₩36,000.00n/a11
Sep ’25₩52,200.00
₩51,090.91
-2.1%
22.4%₩83,000.00₩36,000.00n/a11
Aug ’25₩43,200.00
₩40,333.33
-6.6%
12.2%₩51,000.00₩36,000.00n/a9
Jul ’25₩52,500.00
₩39,000.00
-25.7%
12.8%₩51,000.00₩35,000.00n/a10
Jun ’25₩29,800.00
₩36,600.00
+22.8%
12.6%₩46,000.00₩26,000.00n/a10
May ’25₩27,600.00
₩35,777.78
+29.6%
14.8%₩46,000.00₩24,000.00n/a9
Apr ’25₩26,800.00
₩35,090.91
+30.9%
16.4%₩46,000.00₩24,000.00n/a11
Mar ’25₩29,000.00
₩35,090.91
+21.0%
16.4%₩46,000.00₩24,000.00n/a11
Feb ’25₩27,550.00
₩33,727.27
+22.4%
16.3%₩46,000.00₩24,000.00n/a11
Jan ’25₩24,700.00
₩33,363.64
+35.1%
8.4%₩37,000.00₩27,000.00₩34,700.0011
Dec ’24₩24,750.00
₩33,363.64
+34.8%
8.4%₩37,000.00₩27,000.00₩44,650.0011
Nov ’24₩22,900.00
₩35,272.73
+54.0%
14.1%₩47,000.00₩27,000.00₩37,750.0011
Oct ’24₩23,900.00
₩37,000.00
+54.8%
16.3%₩47,000.00₩27,000.00₩46,600.0010
Sep ’24₩24,900.00
₩37,000.00
+48.6%
16.3%₩47,000.00₩27,000.00₩52,200.0010
Aug ’24₩25,450.00
₩39,100.00
+53.6%
13.7%₩47,000.00₩33,000.00₩43,200.0010
Jul ’24₩25,700.00
₩40,300.00
+56.8%
12.8%₩47,000.00₩33,000.00₩52,500.0010
Jun ’24₩26,950.00
₩40,727.27
+51.1%
12.6%₩47,000.00₩33,000.00₩29,800.0011
May ’24₩26,800.00
₩42,400.00
+58.2%
13.3%₩51,000.00₩33,000.00₩27,600.0010
Apr ’24₩27,100.00
₩42,500.00
+56.8%
13.7%₩51,000.00₩33,000.00₩26,800.008
Mar ’24₩28,050.00
₩43,750.00
+56.0%
11.6%₩51,000.00₩33,000.00₩29,000.008
Feb ’24₩33,400.00
₩52,375.00
+56.8%
11.9%₩60,000.00₩45,000.00₩27,550.008
Jan ’24₩36,200.00
₩53,777.78
+48.6%
12.1%₩63,000.00₩45,000.00₩24,700.009

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:17
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Korea Gas Corporation is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Douglas KimBNP Paribas Securities (Asia)
Jay YooBofA Global Research
Min Seok ShinCape Investment & Securities Co., Ltd.