Korea Gas Corporation

KOSE:A036460 Stock Report

Market Cap: ₩4.0t

Korea Gas Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: A036460 (₩46350) 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 unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A036460. This is calculated by dividing A036460's market cap by their current revenue.
What is A036460's PS Ratio?
PS Ratio0.1x
Sales₩38.80t
Market Cap₩4.05t

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for A036460 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.1x
A004690 SamchullyLtd
0.06xn/a₩305.1b
A117580 Daesung Energy
0.3xn/a₩253.7b
A017390 Seoul City Gas
0.1xn/a₩200.7b
A015360 Yesco Holdings
0.1xn/a₩212.1b
A036460 Korea Gas
0.1x0.9%₩4.0t

Price-To-Sales vs Peers: A036460 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.1x).

Price to Sales Ratio vs Industry

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

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.0.6x3.2%
A036460 Korea Gas
 0.1x0.9%US$2.88b
A036460 0.1xIndustry Avg. 0.6xNo. of Companies12PS00.61.21.82.43+
12 CompaniesEstimated GrowthMarket Cap
Industry Avg.0.6x8.1%
A036460 Korea Gas
 0.1x37.7%US$2.88b
No more companies

Price-To-Sales vs Industry: A036460 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Asian Gas Utilities industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is A036460'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.

A036460 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: A036460 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?

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₩46,350.00
₩52,083.33
+12.4%
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₩27,000.00n/a11
Dec ’24₩24,750.00
₩33,363.64
+34.8%
8.4%₩37,000.00₩27,000.00n/a11
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
Dec ’23₩35,000.00
₩54,545.45
+55.8%
11.2%₩63,000.00₩45,000.00₩24,750.0011
Nov ’23₩35,300.00
₩57,375.00
+62.5%
8.0%₩63,000.00₩47,000.00₩22,900.008

Analyst Forecast: Target price is less than 20% higher than the current share price.

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