Korea Gas Corporation (036460) Fair Value & Analysis

Utilities · KR · Market cap 2.8T KRW

Below-average quality, currently priced close to our fair value.

What matters now

• The price sits close to our fair value, market and models broadly agree here, little valuation tension.
• Our model range runs from 25,336 KRW (bear) to 44,710 KRW (bull), base 35,768 KRW. The closer the price sits to the lower half, the larger the margin of safety.
• Quality 48/100 (below-average 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 21,235 KRW – 59,142 KRW · fair‑value band 25,336 KRW – 44,710 KRW · the 35,750 KRW price screens below the 35,768 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.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Korea Gas Corporation (036460) currently trades at 35,750 KRW, while our model-based Fair Value estimate is 35,768 KRW, implying the stock looks roughly 0.1% fairly valued today. The Quality Score stands at 48/100 (below-average quality), in the Utilities 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, Korea Gas Corporation generated revenue of 34.8T KRW at a net margin of 0.9%. Revenue declined 7.3% year over year. It earns a return on equity of 2.8%. Net debt stands at 33.9T KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 25,336 KRW (bear case) to 44,710 KRW (bull case); at 35,750 KRW, the current price sits within 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 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -19% fair-value upside, at 0%, 036460 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.

Widest divergence: DCF Models (285,292 KRW) versus Earnings-Based (5,289 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

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.

Full company description

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. 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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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.

Watch 036460: get an alert when its fair value changes →

Peer Group

Utilities - Regulated Gas · 104 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 Utilities - Regulated Gas 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 Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Explore undervalued stocks

More undervalued Utilities stocks →

Frequently asked questions

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.