Risk factor
Fair trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Established in 1983 and headquartered in Daegu, South Korea, Korea Gas Corporation is a leading energy enterprise operating across the natural gas value chain, both within South Korea and internationally. Its primary business involves the exploration, development, production, import, and wholesale supply of liquefied natural gas (LNG), compressed natural gas (CNG), and natural gas. KOGAS delivers LNG to key consumers, including power generation plants and city gas distributors. The company extends its reach to global oil and gas exploration and production projects in regions like Australia, Iraq, and Mozambique. Furthermore, it oversees the operation, maintenance, construction, and management of LNG terminals, in addition to engaging in LNG trading and bunkering services. Looking to the future, Korea Gas Corporation is actively involved in establishing hydrogen production facilities, such as those in Gwangju, and developing the manufacturing, supply, and trade of hydrogen energy. Its operations also include refining and selling natural gas by-products, constructing and managing extensive production facilities and supply networks, and conducting research into advanced gas-related technologies. As of March 31, 2021, the company managed a substantial pipeline network spanning 4,945 kilometers.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'
Target Price
The average target price of 036460.KS is 45435 and suggests 27% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to