Loading…
← CockpitCompetitor Analysis › 006360.KS GS Engineering & Construction CorporationOpen in the cockpit ↗

GS Engineering & Construction Corporation006360.KSCompetitor analysis, valuation and peers

South Korea · KRW·Consumer Discretionary›Homebuilding

GS Group's construction company, known for the Xi apartment brand plus plants and infrastructure projects.

Momentum strong 74
Mkt cap
$1.86B
US dollars, full cap
Free float
77%
of shares outstanding
$/day
$19.6M
20-day average traded
Fwd P/E
16.8×
forward earnings
ROIC−WACC
-1.0 pp
WACC 5.0%
Hurdle
-14 pp
Req g minus delivered
Next earnings
97 days
11 Feb 2027
Close · KRW₩29,750
1D+6.4%
1W+14.4%
1M-9.4%
3M+3.5%
6M-21.8%
YTD+51.0%
1Y+56.6%
ATR %7.7%
52w lowhigh33.7% off high

What GS Engineering & Construction does

GS Group's construction company, known for the Xi apartment brand plus plants and infrastructure projects.

Recognises revenue as construction progresses, so apartment projects and plant orders convert into sales over years, and profit depends on cost control on fixed-price contracts. Besides building, it owns water-treatment operations through GS Inima and has been building modular housing.

Products and services

  • Xi apartments
  • Plant/industrial construction
  • Infrastructure/civil works

Customers

  • Homebuyers
  • Industrial/energy clients
  • Government infrastructure agencies

Where it sits in the supply chain

  • Construction
  • Housing (Xi apartments) and…
  • Korean real-estate development

What could go right

  • Korean housing recovery
  • Overseas plant/infrastructure orders

What could go wrong

  • Housing-market downturn
  • Past building-safety incidents

Moat: none (brand). Recognized apartment brand but construction margins are set by a competitive, cyclical market.

Headquarters: Seoul, South Korea · Founded: 1969 · Employees: 4,996

Named competitors

GS Engineering & Construction at a glance

Size GS Engineering & Construction (006360.KS) is a South Korea Consumer Discretionary company (Homebuilding) with a market value of $1.86B, the 144th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩29,750 on 6 Nov 2026.

Performance Over six months the shares fell 21.8%, against -3.4% for the median peer and -24.5% for the South Korea market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue fell 15.1% over the last twelve months (peer median -2.0%); the operating margin is 2.6% (peer median 7.3%).

Valuation It trades at 16.8× forward earnings against a peer median of 14.9× (7th most expensive of 16).

Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -14 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.0 points below its cost of capital (5.0% WACC).

Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 96006360.KS 83
Six months, rebased to 100: GS Engineering & Construction against the median of its 20 peers (local-currency closes).

GS Engineering & Construction financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩10.9T₩12.5T₩12.9T₩13.4T₩12.3T
Revenue growth—-3%-4%+9%—
Gross profitn/a₩1.30T₩1.08T₩250B₩1.23T
EBITDAn/a₩644B₩494B-₩199B₩747B
Net income₩112B₩91.1B₩246B-₩482B₩339B
Free cash flown/a₩363B-₩146B-₩47.9B-₩293B
Capital expendituren/a₩295B₩527B₩505B₩334B
Total debtn/a₩6.62T₩6.05T₩5.70T₩4.87T

Quarterly statements and history in the cockpit →

GS Engineering & Construction competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%0%+20%CRN8919CCS99456003831820GRBK25401833000885VTYKBHDFH000628BDIBWY32912548006360.KS6-month return →1-month return →
Up and to the right = strong over both horizons. GS Engineering & Construction is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%0×200×400×CRN8919CCS000885KBHDFH2548006360.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. GS Engineering & Construction is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%0%25%50%CRN9945600383GRBK000885KBH000628LGIHMHOBWY2548006360.KSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. GS Engineering & Construction is the large dot.

GS Engineering & Construction competitors and peer comparison

Head to head with its named competitors (006360.KS vs 375500.KS vs 000720.KS vs 028260.KS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
GS Engineering & Construction 006360.KS$1.86B-22%-15%3%16.8×-9.8%
Dl E&c 375500.KS$1.53B-48%-17%4%5.2×-8.3%
HyundaiEng&Const 000720.KS$6.43B-52%-9%3%18.3×n/a
Samsung C&t 028260.KS$31.3B-8%+14%8%15.0×5.9%
DWEC 047040.KS$3.11B-70%-16%-7%7.7×-4.9%

How GS Engineering & Construction compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

GS Engineering & Construction against its 20 peers (data as of 6 Nov 2026)
Measure006360.KSPeer medianRank in peer set
1-month return-9.4%+0.6%3rd lowest of 21
6-month return-21.8%-3.4%3rd lowest of 21
Distance from 52-week high-33.7%-25.4%5th lowest of 21
Revenue growth (TTM)-15.1%-2.0%5th lowest of 21
Operating margin2.6%7.3%4th lowest of 21
Forward P/E16.8×14.9×7th most expensive of 16
Growth the price implies (Req g, 7 yrs)-9.8%7.8%2nd least demanding of 12
Growth delivered (Del g)+4.2%+8.3%5th lowest of 12
Hurdle (Req g minus delivered)-14.0 pp+0.6 pp5th least demanding of 12
ROIC minus cost of capital-1.0 pp-2.9 pp9th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
GS Engineering & Construction 006360.KSSouth Korea$1.86B-22%-15%3%16.8×-9.8%+4.2%
Cairn Homes CRN.LUnited Kingdom$1.92B+18%+44%18%11.9×-0.7%+28.6%
Katitas 8919.TJapan$1.69B+11%+20%12%18.6×n/an/a
Century Communities CCSUnited States$1.56B0%-7%2%29.2×n/an/a
Ruentex Development 9945.TWTaiwan$2.27B+13%+37%19%n/a-1.0%+15.5%
Gemdale 600383.SSChina$1.45B-26%-47%-24%n/a10.8%-15.6%
Nishimatsu Construction 1820.TJapan$1.28B-11%+14%8%9.6×n/an/a
Green Brick Partners GRBKUnited States$2.75B-2%-10%19%12.2×7.8%+15.9%
JSL Construction & Development 2540.TWTaiwan$1.25B-14%-35%3%n/an/an/a
Okumura 1833.TJapan$1.19B-17%0%5%n/an/an/a
CEVIA Enviro 000885.SZChina$1.16B-14%-2%27%6.0×-8.3%+14.0%
Vistry VTY.LUnited Kingdom$1.12B-19%-8%-9%9.5×n/an/a
KB Home KBHUnited States$3.08B+2%-21%5%14.9×15.2%+8.3%
Dream Finders Homes DFHUnited States$1.12B-13%-11%3%441.3×n/an/a
Chengdu Hi-Tech Development 000628.SZChina$3.10B-39%-32%4%n/a57.5%-2.1%
LGI Homes LGIHUnited States$1.06B-2%-2%4%17.1×18.3%-6.4%
M/I Homes MHOUnited States$3.29B0%-6%8%12.8×8.3%+7.7%
Black Diamond BDI.TOCanada$1.02B+25%+26%12%32.7×n/an/a
Bellway p.l.c BWY.LUnited Kingdom$3.42B+19%+14%10%15.4×3.2%+0.3%
Iida 3291.TJapan$3.68B-4%+7%7%8.1×n/an/a
Huaku Development 2548.TWTaiwan$928M-21%+331%22%19.9×-18.6%+10.0%

Questions

Who are GS Engineering & Construction's main competitors?
Named competitors: DL E&C (375500.KS), Hyundai E&C (000720.KS), Samsung C&T (028260.KS), Daewoo E&C (047040.KS). The cockpit's measured peer set (industry) also includes Cairn Homes (CRN.L), Katitas (8919.T), Century Communities (CCS), Ruentex Development (9945.TW), Gemdale (600383.SS), Nishimatsu Construction (1820.T).
Is GS Engineering & Construction expensive compared with its peers?
On forward p/e it trades at 16.8× against a peer median of 14.9×, 7th most expensive of 16 in its peer set. For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -14 pp: the price already allows for a slowdown.
How has GS Engineering & Construction stock performed?
Over six months to 6 Nov 2026 the shares returned -21.8% against -3.4% for the median peer; over one year +56.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.