SK Gas Co (018670) Fair Value & Analysis
Energy · KR · Market cap 2.0T KRW
Fair value as of: Jul 22, 2026
From 25 valuation models · updated 19 days ago
Fair value updated Jul 22, 2026, revised from 366,349 KRW to 313,353 KRW (−14.5%) since Jul 6, 2026. Share price +6.3% over the past month.
A solid business, screening 37% undervalued on our models.
What matters now
- Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
- Our model range runs from 229,223 KRW (bear) to 391,691 KRW (bull), base 313,353 KRW. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 54/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.
How to read this chart
60‑month range 73,581 KRW – 290,000 KRW · fair‑value band 229,223 KRW – 391,691 KRW · the 228,000 KRW price screens below the 313,353 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.
Analysis
SK Gas Co (018670) currently trades at 228,000 KRW, while our model-based Fair Value estimate is 313,353 KRW, implying the stock looks roughly 37.4% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Energy sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, SK Gas Co generated revenue of 8.5T KRW at a net margin of 4.7%. Revenue grew 44.2% year over year. It earns a return on equity of 13.3%. Net debt stands at 2.1T KRW. Fundamentals as of Jul 22, 2026
Our scenario range runs from 229,223 KRW (bear case) to 391,691 KRW (bull case); at 228,000 KRW, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 25% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -48% fair-value upside, at 37%, 018670 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 25 models by family
Widest divergence: Growth DCF (531,341 KRW) versus Dividend Discount (113,745 KRW). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 36
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
SK Gas Co., Ltd. supplies and distributes liquefied petroleum gas (LPG) in South Korea and internationally. It is involved in supplying of LPG for home/business use, and vehicles to consumers through filling stations; LPG trading activities; operation of operating LPG storage, LNG, and tank terminals, as well as LNG/LPG combined cycle power plants and solar …
Full company description
SK Gas Co., Ltd. supplies and distributes liquefied petroleum gas (LPG) in South Korea and internationally. It is involved in supplying of LPG for home/business use, and vehicles to consumers through filling stations; LPG trading activities; operation of operating LPG storage, LNG, and tank terminals, as well as LNG/LPG combined cycle power plants and solar power generation plants; provision of propane dehydrogenation and polypropylene; and development of fuel cell power generation. SK Gas Co., Ltd. was founded in 1985 and is headquartered in Seongnam-si, South Korea. SK Gas Co., Ltd. operates as a subsidiary of SK Discovery Co., Ltd.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
SK Gas Co reported revenue of 7.7T KRW in FY2025 versus 6.5T KRW in FY2021, a compound +4.3%/yr. Reported net income was 235B KRW in FY2025, compounding −1.4%/yr from FY2021.
Watch 018670: get an alert when its fair value changes →
Peer Group
Oil & Gas Refining & Marketing · 114 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Oil & Gas Refining & Marketing median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Oil & Gas Refining & Marketing stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Reliance Industries Limited RELIANCE | ₹1,293 | ₹835.66 | -35% |
| Valero Energy Corporation VLO | $309.65 | $127.32 | -59% |
| Marathon Petroleum Corporation MPC | $283.74 | $135.80 | -52% |
| Phillips 66 PSX | $196.16 | $101.04 | -48% |
| Neste Oyj NESTE | €31.10 | €4.07 | -87% |
| Formosa Petrochemical Corporation 6505 | 81.30 TWD | 16.68 TWD | -79% |
| Indian Oil Corporation IOC | ₹138.96 | ₹417.35 | +200% |
| HF Sinclair Corporation DINO | $88.59 | $48.90 | -45% |
| Bharat Petroleum Corporation BPCL | ₹315.55 | ₹846.81 | +168% |
| SK Innovation Co 096770 | 121,400 KRW | 58,865 KRW | -52% |
Compare SK Gas Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Energy stocks →
Frequently asked questions
Is SK Gas Co (018670) overvalued or undervalued?
What is the fair value of 018670?
What is the quality score of 018670?
What is the revenue of SK Gas Co (018670)?
What is the net profit margin of 018670?
Does SK Gas Co pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track SK Gas Co and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.