GS Group's construction company, known for the Xi apartment brand plus plants and infrastructure projects.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩10.9T | ₩12.5T | ₩12.9T | ₩13.4T | ₩12.3T |
| Revenue growth | — | -3% | -4% | +9% | — |
| Gross profit | n/a | ₩1.30T | ₩1.08T | ₩250B | ₩1.23T |
| EBITDA | n/a | ₩644B | ₩494B | -₩199B | ₩747B |
| Net income | ₩112B | ₩91.1B | ₩246B | -₩482B | ₩339B |
| Free cash flow | n/a | ₩363B | -₩146B | -₩47.9B | -₩293B |
| Capital expenditure | n/a | ₩295B | ₩527B | ₩505B | ₩334B |
| Total debt | n/a | ₩6.62T | ₩6.05T | ₩5.70T | ₩4.87T |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req 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% |
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.
| Measure | 006360.KS | Peer median | Rank 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 margin | 2.6% | 7.3% | 4th lowest of 21 |
| Forward P/E | 16.8× | 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 pp | 5th least demanding of 12 |
| ROIC minus cost of capital | -1.0 pp | -2.9 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| GS Engineering & Construction 006360.KS | South Korea | $1.86B | -22% | -15% | 3% | 16.8× | -9.8% | +4.2% |
| Cairn Homes CRN.L | United Kingdom | $1.92B | +18% | +44% | 18% | 11.9× | -0.7% | +28.6% |
| Katitas 8919.T | Japan | $1.69B | +11% | +20% | 12% | 18.6× | n/a | n/a |
| Century Communities CCS | United States | $1.56B | 0% | -7% | 2% | 29.2× | n/a | n/a |
| Ruentex Development 9945.TW | Taiwan | $2.27B | +13% | +37% | 19% | n/a | -1.0% | +15.5% |
| Gemdale 600383.SS | China | $1.45B | -26% | -47% | -24% | n/a | 10.8% | -15.6% |
| Nishimatsu Construction 1820.T | Japan | $1.28B | -11% | +14% | 8% | 9.6× | n/a | n/a |
| Green Brick Partners GRBK | United States | $2.75B | -2% | -10% | 19% | 12.2× | 7.8% | +15.9% |
| JSL Construction & Development 2540.TW | Taiwan | $1.25B | -14% | -35% | 3% | n/a | n/a | n/a |
| Okumura 1833.T | Japan | $1.19B | -17% | 0% | 5% | n/a | n/a | n/a |
| CEVIA Enviro 000885.SZ | China | $1.16B | -14% | -2% | 27% | 6.0× | -8.3% | +14.0% |
| Vistry VTY.L | United Kingdom | $1.12B | -19% | -8% | -9% | 9.5× | n/a | n/a |
| KB Home KBH | United States | $3.08B | +2% | -21% | 5% | 14.9× | 15.2% | +8.3% |
| Dream Finders Homes DFH | United States | $1.12B | -13% | -11% | 3% | 441.3× | n/a | n/a |
| Chengdu Hi-Tech Development 000628.SZ | China | $3.10B | -39% | -32% | 4% | n/a | 57.5% | -2.1% |
| LGI Homes LGIH | United States | $1.06B | -2% | -2% | 4% | 17.1× | 18.3% | -6.4% |
| M/I Homes MHO | United States | $3.29B | 0% | -6% | 8% | 12.8× | 8.3% | +7.7% |
| Black Diamond BDI.TO | Canada | $1.02B | +25% | +26% | 12% | 32.7× | n/a | n/a |
| Bellway p.l.c BWY.L | United Kingdom | $3.42B | +19% | +14% | 10% | 15.4× | 3.2% | +0.3% |
| Iida 3291.T | Japan | $3.68B | -4% | +7% | 7% | 8.1× | n/a | n/a |
| Huaku Development 2548.TW | Taiwan | $928M | -21% | +331% | 22% | 19.9× | -18.6% | +10.0% |