Daewoo Engineering & Construction (047040) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Daewoo Engineering & Construction stock KRW 9,027, price KRW 10,400, that is 13.2% below the price, quality 39 out of 100. Rating: overvalued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 8, 2026.
How to read this chart
60‑month range 2,970 KRW – 37,150 KRW · fair‑value band 6,130 KRW – 11,990 KRW · the 10,400 KRW price screens above the 9,027 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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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.
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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 10,400 KRW, while our model-based Fair Value estimate is 9,027 KRW, 13% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 9,284 KRW per share, and 0 of the 7 models we run sit above the 10,400 KRW price.
Bear case: the Asset-Based group reads lowest at 5,354 KRW, and 7 of the 7 models stay below the price. Data coverage for this calculation is low.
Scenario range: 6,130 KRW (bear) to 11,990 KRW (bull), the price of 10,400 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 39/100 (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 4.3T KRW (≈ $3.2B) Mid · P/S ratio 0.57 · EPS (TTM) −1,052 KRW · Dividend yield 0.1% · Net margin −5.7% · Return on equity −10.7% · Return on assets (EBIT) 2.5% (5-year average) · Operating margin 9.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 20 out of 100 (low confidence).
What moves the price
The share trades about 72% below its 52-week high and 210% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −13%, 047040 screens cheaper than that median.
Fair Value models
Bear6,130 KRWFair Value 9,027 KRWBull11,990 KRW
Price 10,400 KRW · Downside -13.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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%
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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).
+13.5%
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.
+8.6%
Yearly sales growth analysts expect, extended to five years.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +11.1% a year for the price and +6.4% for the forecasts.
Compare Daewoo Engineering & Construction with another stock
Price, fair value, quality and upside side by side.
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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 · 791 stocks
Beats the industry median on 4/11 measures
Overall it trails its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside−13.2% · Below median
Profitability
Return on assets−6.8% · Bottom 25%
Net margin (12 months)−5.7% · Bottom 25%
Operating margin (12 months)9.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)−10.1% · Below median
Dividend yield (12 months)0.1% · Bottom 25%
Balance sheet
Debt / equity0.83× · Highest 25%
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
P/B1.28× · Cheaper than median
P/S (12 months)0.57× · Cheaper than median
Price / free cash flow (fiscal year)12.1× · Cheaper than median
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 Nov 8, 2026, our model estimates a fair value of 9,027 KRW versus a price of 10,400 KRW, about 13% lower (overvalued).
What is the fair value of 047040?
Our model-based fair value for Daewoo Engineering & Construction is 9,027 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 10,400 KRW.
What is the quality score of 047040?
Daewoo Engineering & Construction has a Quality Score of 39/100. 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 9,027 KRW (as of Nov 8, 2026) from 7 valuation models. Cautious scenario 6,130 KRW, optimistic scenario 11,990 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 9,027 KRW, about 13% lower versus a price of 10,400 KRW (overvalued). Cautious scenario 6,130 KRW, optimistic scenario 11,990 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 7.6T KRW (latest available figure, as of Nov 8, 2026).
Does Daewoo Engineering & Construction pay a dividend?
Daewoo Engineering & Construction currently shows a dividend yield of 0.07% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Daewoo Engineering & Construction (047040)?
Daewoo Engineering & Construction has a dividend yield of 0.1%.
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 +13.5 % per year for five years (discount rate 12.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -0.2 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 047040 use?
Our models discount Daewoo Engineering & Construction at 12.5 %: a base by market capitalisation (mid), damped by beta 1.92, 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 +13.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.5 %) 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 free-cash-flow growth of +13.5 % per 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 +7.8 % a year. That is the yardstick for the growth priced into Daewoo Engineering & Construction (+13.5 % per 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 8.24 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Daewoo Engineering & Construction produces per unit of market value. When it exceeds the discount rate of our models (12.5 %), 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 9,027 KRW per share (as of Nov 8, 2026), against a price of 10,400 KRW. It is the blended result of 7 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Daewoo Engineering & Construction stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 047040 trades above its calculated fair value: price 10,400 KRW, fair value 9,027 KRW, a gap of about −13% (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 (10,400 KRW); the fair value is what the company's own numbers justify (9,027 KRW). For Daewoo Engineering & Construction the two are 1,373 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 4.3T KRW (market capitalisation, as of Nov 8, 2026). Per share that is 10,400 KRW; our models calculate a fair value of 9,027 KRW per share.
What do the bullish and bearish scenarios say about 047040?
Our models span a range for Daewoo Engineering & Construction: cautious scenario 6,130 KRW, base 9,027 KRW, optimistic 11,990 KRW per share (as of Nov 8, 2026, price 10,400 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 Nov 8, 2026): return on equity −10.7%, debt of 0.83 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 047040 from its 52-week high?
Daewoo Engineering & Construction trades at 10,400 KRW, about 72% below its 52-week high of 37,150 KRW and 210% above the low of 3,360 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 9,027 KRW is for.
Which stocks are comparable to Daewoo Engineering & Construction?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, 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 Nov 8, 2026: price 10,400 KRW, calculated fair value 9,027 KRW (−13%), Quality Score 39/100, from 7 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 7 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 9,027 KRW builds on their evidence-weighted average, 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 13.3% 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 Nov 6, 2026 was 10,400 KRW. Our model-based fair value is 9,027 KRW, about 13% lower (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?
A fairly wide model range (6,130 KRW to 11,990 KRW) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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 4.3T KRW (≈ $3.2B). 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 0.57 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Daewoo Engineering & Construction (047040)?
Earnings per share at Daewoo Engineering & Construction are −1,052 KRW. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Daewoo Engineering & Construction (047040)?
The dividend yield of Daewoo Engineering & Construction is 0.1%. 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 −5.7% (last twelve months). 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 −10.7% (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 9.9% (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 −10.1% 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.
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Nov 8, 2026