Risk factor
Moderate default risk
Profitability factor
Greatly overvalued vs peers
About
Busan City Gas. Co. Ltd. operates as a city gas distributor in South Korea. The company offers city gas for domestic, commercial, business, industrial, and power business purposes, including business or commercial buildings, house heating and cooking, combined heat and power generation, cooling, and vehicle CNG. It also provides district energy and energy diagnosis services; CNG fuel systems that include compressors, control panels, storage tanks, and fuel dispensers; small-scale co-generation systems that produces heat and energy; gas-engine driven heat pumps for cooling and heating; and fuel cell co-generation systems, which produces electricity and hot water. The company was founded in 1981 and is based in Busan, South Korea. Busan City Gas. Co. Ltd. is a subsidiary of SK E&S Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
