Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Excellent dividends
About
Seoul City Gas Co., Ltd. is a South Korean energy provider that distributes natural gas to a wide array of customers, encompassing residential, commercial, and industrial sectors. The company manages a vast pipeline network extending 4,441 kilometers, covering an operational area of 1,249 square kilometers. Through this infrastructure, it serves approximately 2.47 million households across eleven districts in Northwestern Seoul, alongside several cities within Gyeonggi-do province. The firm, which has its headquarters in Seoul, South Korea, commenced operations in 1970.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITDA