Korea Gas Corporation (036460) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Korea Gas Corporation stock KRW 74,321, price KRW 36,500, upside +103.6%, quality 46 out of 100. Rating: strongly undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
Korea Gas Corporation
036460 · KOThe stock costs 51% less than our calculation considers fair.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 21,235 KRW – 59,142 KRW · fair‑value band 55,464 KRW – 84,912 KRW · the 36,500 KRW price screens below the 74,321 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Every Wednesday you see whether Korea Gas is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Korea Gas Corporation engages in the exploration, development, production, import, and wholesale of liquefied natural gas (LNG), compressed natural gas, and natural gas in Korea, Australia, Iraq, Mozambique, and Myanmar. It operates through the Natural Gas Wholesale and Others segments.
Show moreShow less
The company manufactures and supplies natural gas, as well as refines and sells by-products; construct and operates receiving terminals and supply networks; explores, imports, and exports natural gas and LPG; manufactures and supplies hydrogen; develops, exports, and import hydrogen energy; and researches and develops gas-related technologies, as well as is involved in supply of power and heat, equipment conservation, terminal management, labor force management, and construction of hydrogen charging station.
As of December 31, 2024, it owned and operated a pipeline network of 5,206 kilometers. It serves power-generating companies and city gas companies. Korea Gas Corporation was incorporated in 1983 and is headquartered in Daegu, South Korea.
Stock analysis
Korea Gas Corporation (036460) currently trades at 36,500 KRW, while our model-based Fair Value estimate is 74,321 KRW, implying the stock looks roughly 51% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 449,821 KRW per share, and 12 of the 20 models we run sit above the 36,500 KRW price.
Bear case: the Earnings-Based group reads lowest at 14,149 KRW, and 8 of the 20 models stay below the price. Data coverage for this calculation is high.
Scenario range: 55,464 KRW (bear) to 84,912 KRW (bull), the price of 36,500 KRW sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Utilities sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Korea Gas Corporation reported revenue of 35.7T KRW in FY2025 versus 27.5T KRW in FY2021, a compound +6.7%/yr. Reported net income was 133B KRW in FY2025, compounding −38.8%/yr from FY2021.
Key figures
Market cap 3.2T KRW (≈ $2.3B) Mid · P/E ratio 5.6 · P/S ratio 0.09 · EPS (TTM) 6,446 KRW · Dividend yield 3.2% · Net margin 1.6% · Return on equity 5.0% · Return on assets (EBIT) 3.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 20% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −21% fair-value upside, at 104%, 036460 screens cheaper than that median.
Fair Value models
All 25 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Watch 036460, get fair value alerts →
Compare Korea Gas Corporation with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Utilities - Regulated Gas · 107 stocks
Valuation Multiplesvs Utilities - Regulated Gas median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Utilities sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Return on equity by industry
- Quality Score by industry
- Stock screener with 62 metrics
- Undervalued stocks: Utilities
- Undervalued stocks: South Korean Stocks
- Valuation of the Korea market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| ENN Natural Gas Co 600803 | ¥21.31 | ¥24.00 | +13% | vs 036460 |
| Italgas S.p.A IG | €9.12 | €10.07 | +10% | vs 036460 |
| Uniper SE UN0 | €44.00 | €45.97 | +4% | vs 036460 |
| Naturgy Energy Group NTGY | €29.54 | €30.62 | +4% | vs 036460 |
| UGI Corporation UGI | $37.04 | $29.40 | −21% | vs 036460 |
| The Hong Kong and China Gas Company 0003 | HK$7.40 | HK$4.93 | −33% | vs 036460 |
| GAIL (India) Limited GAIL | ₹185.79 | ₹116.94 | −37% | vs 036460 |
| Snam S.p.A SRG | €6.20 | €3.65 | −41% | vs 036460 |
| NiSource Inc NI | $44.15 | $19.87 | −55% | vs 036460 |
| Atmos Energy Corporation ATO | $173.22 | $77.35 | −55% | vs 036460 |
Explore undervalued stocks
More undervalued Utilities stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Korea Gas Corporation (036460) overvalued or undervalued?
What is the fair value of 036460?
What is the quality score of 036460?
What is the price target for Korea Gas Corporation (036460)?
What is the Korea Gas Corporation stock forecast for 2026?
What is the revenue of Korea Gas Corporation (036460)?
Does Korea Gas Corporation pay a dividend?
How much is the dividend of Korea Gas Corporation (036460) and when is the ex-dividend date?
What is the intrinsic value of Korea Gas Corporation (036460)?
Is Korea Gas Corporation stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 036460?
How much is Korea Gas Corporation worth?
What do the bullish and bearish scenarios say about 036460?
What is the P/E ratio of 036460?
How solid is the balance sheet of Korea Gas Corporation (036460)?
How far is 036460 from its 52-week high?
Which stocks are comparable to Korea Gas Corporation?
Is Korea Gas Corporation stock attractive at the current price?
How is the fair value of 036460 calculated?
Is it still worth investing in stocks now?
What is the share price of Korea Gas Corporation (036460)?
What should I pay attention to with Korea Gas Corporation right now?
Key figures of Korea Gas Corporation
How large is the market capitalisation of Korea Gas Corporation (036460)?
What is the P/S ratio of Korea Gas Corporation (036460)?
What are the earnings per share of Korea Gas Corporation (036460)?
What is the dividend yield of Korea Gas Corporation (036460)?
What is the net margin of Korea Gas Corporation (036460)?
What is the return on equity of Korea Gas Corporation (036460)?
What is the EBIT return on assets of Korea Gas Corporation (036460)?
What is the operating margin of Korea Gas Corporation (036460)?
How fast is revenue growing at Korea Gas Corporation (036460)?
How fast are earnings growing at Korea Gas Corporation (036460)?
How much free cash flow does Korea Gas Corporation (036460) generate?
How much net debt does Korea Gas Corporation (036460) carry?
Watch Korea Gas Corporation in the live analysis
One click puts Korea Gas Corporation on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.