Daewoo Engineering & Construction (047040) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Daewoo Engineering & Construction KRW 14,316, price KRW 17,440, upside -17.9%, quality 42 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Daewoo Engineering & Construction for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 2,970 KRW – 37,150 KRW · fair‑value band 8,021 KRW – 24,059 KRW · the 17,440 KRW price screens above the 14,316 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Daewoo Engineering & Construction in your weekly email
Every Wednesday you see whether Daewoo Engineering & Construction 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.
Daewoo Engineering & Construction Co., Ltd. engages in the engineering and construction business in South Korea and internationally. It builds civil infrastructure projects, including highways, roads, bridges, railways, subways, harbors and reclamation facilities, environmental, and leisure projects.
Show more
Daewoo Engineering & Construction Co., Ltd. engages in the engineering and construction business in South Korea and internationally. It builds civil infrastructure projects, including highways, roads, bridges, railways, subways, harbors and reclamation facilities, environmental, and leisure projects. The company also constructs housing projects, such as apartments, studio apartments, urban lifestyle homes, urban residential, commercial complexes, town houses, villas, and non-residential facilities, as well as provides redevelopment, reconstruction, and remodeling services. In addition, it builds plant facilities comprising LNG, oil and gas, refinery and petrochemical, power plants, and nuclear power generation and related projects. Further, the company engages in domestic and international energy, infrastructure, and new city construction projects; architectural business, such as office buildings, hotels, exhibitions, sports facilities, condominiums, and education, research, and medical facilities; domestic and international investment development, such as real estate, IPP, and PPP; steel frame and PC businesses; road and operation of service areas; and real estate rental and hotel businesses. The company was founded in 1973 and is headquartered in Seoul, South Korea.
Stock analysis
Daewoo Engineering & Construction (047040) currently trades at 17,440 KRW, while our model-based Fair Value estimate is 14,316 KRW, implying the stock looks roughly 21.8% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 17,044 KRW per share, and 2 of the 9 models we run sit above the 17,440 KRW price.
Bear case: the Asset-Based group reads lowest at 5,459 KRW, and 7 of the 9 models stay below the price. Evidence for this calculation is medium.
Scenario range: 8,021 KRW (bear) to 24,059 KRW (bull), the price of 17,440 KRW sits inside 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 42/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Daewoo Engineering & Construction reported revenue of 8.1T KRW in FY2025 versus 8.7T KRW in FY2021, a compound −1.9%/yr. Reported net income was −912B KRW in FY2025.
Key figures
Market cap 7.2T KRW (≈ $5.0B) · P/S ratio 0.86 · Dividend yield 0.0% · Net margin −11.3% · Return on equity −19.2% · Return on assets (EBIT) 2.5% · Operating margin 13.1% · Revenue (TTM) 7.9T KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 53% below its 52-week high and 419% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −31% fair-value upside, at −18%, 047040 screens cheaper than that median.
Fair Value models
Bear 8,021 KRWFair Value 14,316 KRWBull 24,059 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.22/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−23.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−8.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.2%
Start year 2020 (pandemic). Over 10 years: −2.0% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+25.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
6.6% (2020) → −11.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+19.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +17.2% a year for the price and +3.8% for the forecasts.
Compare Daewoo Engineering & Construction with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Engineering & Construction · 836 stocks
Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score42 · Below median
Fair Value upside−18% · Below median
Profitability
Return on assets−4% · Bottom 25%
Net margin (TTM)−10% · Bottom 25%
Operating margin (TTM)13% · Top 25%
Growth and dividend
Revenue growth−6% · Below median
Dividend yield (TTM)0.0% · Bottom 25%
Balance sheet
Debt / equity0.83× · Highest 25%
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Daewoo Engineering & Construction Fair Value". https://www.fairvalue-calculator.com/stock/047040
Frequently asked questions
Is Daewoo Engineering & Construction (047040) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 14,316 KRW versus a price of 17,440 KRW, about −18% upside (overvalued).
What is the fair value of 047040?
Our model-based fair value for Daewoo Engineering & Construction is 14,316 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 17,440 KRW.
What is the quality score of 047040?
Daewoo Engineering & Construction has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Daewoo Engineering & Construction (047040)?
Our model-based price target is the fair value of 14,316 KRW (as of Sep 24, 2026) from 9 valuation models. Cautious scenario 8,021 KRW, optimistic scenario 24,059 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Daewoo Engineering & Construction stock forecast for 2026?
Our models put fair value at 14,316 KRW, about −18% upside versus a price of 17,440 KRW (overvalued). Cautious scenario 8,021 KRW, optimistic scenario 24,059 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Daewoo Engineering & Construction (047040)?
Daewoo Engineering & Construction reported trailing-twelve-month revenue of about 7.9T KRW (latest available figure, as of Sep 24, 2026).
Does Daewoo Engineering & Construction pay a dividend?
Daewoo Engineering & Construction currently shows a dividend yield of about 0.04% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Daewoo Engineering & Construction (047040)?
For today's price to be fair in a discounted-cash-flow model, Daewoo Engineering & Construction would have to grow free cash flow by +19.6 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -0.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 047040 use?
Our models discount Daewoo Engineering & Construction at 11.8 %: a base by market capitalisation (mid), damped by beta 1.67, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Daewoo Engineering & Construction that is +19.6 % per year a year over ten years, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Daewoo Engineering & Construction (047040) delivered so far?
Over the past 5 years revenue at Daewoo Engineering & Construction grew -0.2 % a year. The price currently implies +19.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Daewoo Engineering & Construction (047040) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Daewoo Engineering & Construction (+19.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Daewoo Engineering & Construction (047040)?
The free-cash-flow yield on the price is 4.91 %: that much free cash flow Daewoo Engineering & Construction produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Daewoo Engineering & Construction (047040)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Daewoo Engineering & Construction it is 14,316 KRW per share (as of Sep 24, 2026), against a price of 17,440 KRW. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Daewoo Engineering & Construction stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 047040 trades above its calculated fair value: price 17,440 KRW, fair value 14,316 KRW, a gap of about −18% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 047040?
No. The price is what the market pays today (17,440 KRW); the fair value is what the company's own numbers justify (14,316 KRW). For Daewoo Engineering & Construction the two are 3,124 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Daewoo Engineering & Construction worth?
The market values Daewoo Engineering & Construction at about 7.2T KRW (market capitalisation, as of Sep 24, 2026). Per share that is 17,440 KRW; our models calculate a fair value of 14,316 KRW per share.
What do the bullish and bearish scenarios say about 047040?
Our models span a range for Daewoo Engineering & Construction: cautious scenario 8,021 KRW, base 14,316 KRW, optimistic 24,059 KRW per share (as of Sep 24, 2026, price 17,440 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Daewoo Engineering & Construction (047040)?
Balance-sheet figures for Daewoo Engineering & Construction (as of Sep 24, 2026): return on equity −19.2%, debt of 0.83 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is 047040 from its 52-week high?
Daewoo Engineering & Construction trades at 17,440 KRW, about 53% below its 52-week high of 37,150 KRW and 419% above the low of 3,360 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 14,316 KRW is for.
Which stocks are comparable to Daewoo Engineering & Construction?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Daewoo Engineering & Construction stock attractive at the current price?
The data as of Sep 24, 2026: price 17,440 KRW, calculated fair value 14,316 KRW (−18%), Quality Score 42/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 047040 calculated?
We run Daewoo Engineering & Construction through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 14,316 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Daewoo Engineering & Construction itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Daewoo Engineering & Construction (047040)?
The closing price on Sep 23, 2026 was 17,440 KRW. Our model-based fair value is 14,316 KRW, about −18% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Daewoo Engineering & Construction right now?
Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (8,021 KRW to 24,059 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of Daewoo Engineering & Construction
How large is the market capitalisation of Daewoo Engineering & Construction (047040)?
The market capitalisation of Daewoo Engineering & Construction is 7.2T KRW (≈ $5.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Daewoo Engineering & Construction (047040)?
The price-to-sales ratio of Daewoo Engineering & Construction is 0.86 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Daewoo Engineering & Construction (047040)?
The dividend yield of Daewoo Engineering & Construction is 0.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Daewoo Engineering & Construction (047040)?
The net margin of Daewoo Engineering & Construction is −11.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Daewoo Engineering & Construction (047040)?
The return on equity (ROE) of Daewoo Engineering & Construction is −19.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Daewoo Engineering & Construction (047040)?
On an EBIT basis the return on assets of Daewoo Engineering & Construction is 2.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Daewoo Engineering & Construction (047040)?
The operating margin of Daewoo Engineering & Construction is 13.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Daewoo Engineering & Construction (047040)?
Revenue at Daewoo Engineering & Construction is growing −6.0% versus a year earlier (3y avg −8.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Daewoo Engineering & Construction (047040)?
Earnings per share at Daewoo Engineering & Construction are growing +247% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Daewoo Engineering & Construction (047040) carry?
The net debt of Daewoo Engineering & Construction is 1.9T KRW (fiscal year 2025, ≈ 5.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Daewoo Engineering & Construction in the live analysis
One click puts Daewoo Engineering & Construction on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
