KOREA GAS CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27,500 KRW | +2.42% |
|
+7.00% | +11.34% |
| 04-29 | BP signs long-term LNG agreement with Korea Gas Corp | RE |
| 04-05 | Korea Gas Partners with Hyundai Heavy Industries to Help Localize LNG Pump | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,317,070 | 2,652,053 | 3,355,834 | 3,106,936 | 2,119,926 | 2,360,241 | - | - |
| Enterprise Value (EV) 2 | 29,524 | 26,452 | 30,980 | 47,177 | 2,120 | 39,326 | 36,007 | 30,415 |
| P/E ratio | 95.8 x | -15.5 x | 3.56 x | 2.24 x | -2.76 x | 4.43 x | 4.07 x | 3.35 x |
| Yield | 1% | - | 6.98% | - | - | 2.6% | 5.66% | 7.97% |
| Capitalization / Revenue | 0.13 x | 0.13 x | 0.12 x | 0.06 x | 0.05 x | 0.06 x | 0.06 x | 0.06 x |
| EV / Revenue | 1.18 x | 1.27 x | 1.13 x | 0.91 x | 0.05 x | 1.03 x | 0.89 x | 0.77 x |
| EV / EBITDA | 9.62 x | 10.4 x | 10.5 x | 11.2 x | 0.62 x | 9.68 x | 9.55 x | 7.3 x |
| EV / FCF | 38.7 x | 11.3 x | -9.6 x | -2.99 x | - | 26.4 x | 11.9 x | 9.95 x |
| FCF Yield | 2.58% | 8.84% | -10.4% | -33.4% | - | 3.78% | 8.42% | 10.1% |
| Price to Book | 0.42 x | 0.36 x | 0.38 x | 0.3 x | - | 0.25 x | 0.23 x | 0.22 x |
| Nbr of stocks (in thousands) | 87,637 | 85,827 | 85,827 | 85,827 | 85,827 | 85,827 | - | - |
| Reference price 3 | 37,850 | 30,900 | 39,100 | 36,200 | 24,700 | 27,500 | 27,500 | 27,500 |
| Announcement Date | 28/02/20 | 26/02/21 | 25/02/22 | 24/02/23 | 27/02/24 | - | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 24,983 | 20,834 | 27,521 | 51,724 | 44,556 | 38,320 | 40,435 | 39,539 |
| EBITDA 1 | 3,070 | 2,536 | 2,962 | 4,215 | 3,441 | 4,064 | 3,772 | 4,166 |
| EBIT 1 | 1,334 | 898.9 | 1,240 | 2,463 | 1,553 | 2,191 | 2,030 | 2,287 |
| Operating Margin | 5.34% | 4.31% | 4.5% | 4.76% | 3.49% | 5.72% | 5.02% | 5.78% |
| Earnings before Tax (EBT) 1 | 116.4 | -268.9 | 1,367 | 1,945 | -861.9 | 760.3 | 850.6 | 1,049 |
| Net income 1 | 38.76 | -172.1 | 950.8 | 1,493 | -761.2 | 573.7 | 623.7 | 719.6 |
| Net margin | 0.16% | -0.83% | 3.45% | 2.89% | -1.71% | 1.5% | 1.54% | 1.82% |
| EPS 2 | 395.0 | -1,989 | 10,973 | 16,174 | -8,949 | 6,214 | 6,757 | 8,198 |
| Free Cash Flow 3 | 763,042 | 2,338,965 | -3,226,781 | -15,759,426 | - | 1,488,333 | 3,032,667 | 3,057,000 |
| FCF margin | 3,054.29% | 11,226.82% | -11,724.9% | -30,468.14% | - | 3,883.99% | 7,500.08% | 7,731.63% |
| FCF Conversion (EBITDA) | 24,856.63% | 92,246.14% | - | - | - | 36,622.38% | 80,404.36% | 73,387.37% |
| FCF Conversion (Net income) | 1,968,428.7% | - | - | - | - | 259,432.76% | 486,222.22% | 424,804.59% |
| Dividend per Share 2 | 380.0 | - | 2,728 | - | - | 714.3 | 1,556 | 2,192 |
| Announcement Date | 28/02/20 | 26/02/21 | 25/02/22 | 24/02/23 | 27/02/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,373 | 9,596 | 13,979 | 8,853 | 10,734 | 18,158 | 17,930 | 8,128 | 7,889 | 10,609 | 12,381 | 6,916 | 7,419 | 10,942 | 14,833 |
| EBITDA 1 | - | - | - | - | - | - | - | 682.4 | 702 | 1,007 | 1,338 | 824 | 790 | 1,220 | 1,422 |
| EBIT 1 | 7.806 | 413 | 912.6 | 289.4 | 143.4 | 1,118 | 588.4 | 205 | 230.4 | 529.6 | 881.1 | 252.1 | 262.6 | 794.7 | 907 |
| Operating Margin | 0.15% | 4.3% | 6.53% | 3.27% | 1.34% | 6.16% | 3.28% | 2.52% | 2.92% | 4.99% | 7.12% | 3.64% | 3.54% | 7.26% | 6.11% |
| Earnings before Tax (EBT) 1 | -105.9 | 845 | 1,030 | 209.3 | -18.8 | 725.3 | 236.9 | -117.3 | -206.8 | -774.7 | 591.2 | -151.2 | 68.85 | 326.6 | 644 |
| Net income 1 | -89.31 | 583.3 | 733.5 | 147 | -281.3 | 893.9 | 133.3 | -67.7 | -166.8 | -660 | 439.2 | -82.7 | -64.23 | 173 | 475 |
| Net margin | -1.66% | 6.08% | 5.25% | 1.66% | -2.62% | 4.92% | 0.74% | -0.83% | -2.11% | -6.22% | 3.55% | -1.2% | -0.87% | 1.58% | 3.2% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 09/11/21 | 25/02/22 | 11/05/22 | 11/08/22 | 10/11/22 | 24/02/23 | 11/05/23 | 11/08/23 | 13/11/23 | 27/02/24 | - | - | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 26,207 | 23,800 | 27,624 | 44,070 | - | 36,966 | 33,647 | 28,055 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 8.537 x | 9.386 x | 9.326 x | 10.46 x | - | 9.096 x | 8.921 x | 6.735 x |
| Free Cash Flow 2 | 763,042 | 2,338,965 | -3,226,781 | -15,759,426 | - | 1,488,333 | 3,032,667 | 3,057,000 |
| ROE (net income / shareholders' equity) | 0.48% | -2.02% | 11.4% | 15.3% | - | 5.97% | 5.75% | 6.48% |
| ROA (Net income/ Total Assets) | 0.1% | -0.43% | 2.39% | 2.82% | - | 0.97% | 1.2% | 1.55% |
| Assets 1 | 39,515 | 40,273 | 39,781 | 52,909 | - | 59,347 | 51,977 | 46,427 |
| Book Value Per Share 3 | 89,612 | 86,502 | 103,337 | 118,693 | - | 109,802 | 121,722 | 124,664 |
| Cash Flow per Share 3 | 22,660 | 37,591 | -23,897 | -157,951 | 69,192 | 42,961 | 36,069 | 39,303 |
| Capex 1 | 1,239 | 912 | 1,156 | 1,179 | - | 1,582 | 1,787 | 1,229 |
| Capex / Sales | 4.96% | 4.38% | 4.2% | 2.28% | - | 4.13% | 4.42% | 3.11% |
| Announcement Date | 28/02/20 | 26/02/21 | 25/02/22 | 24/02/23 | 27/02/24 | - | - | - |
1KRW in Billions2KRW in Million3KRW
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
27,500
KRW
Average target price
35,778
KRW
Spread / Average Target
+30.10%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +11.34% | 1.67B | |
| -11.33% | 23.96B | |
| +2.36% | 17.64B | |
| +29.27% | 16.4B | |
| -6.97% | 12.12B | |
| +10.75% | 9.13B | |
| +17.86% | 8.89B | |
| +3.56% | 7.48B | |
| -2.34% | 6.96B | |
| +9.20% | 6.51B |
- Stock Market
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- Financials Korea Gas Corporation
