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Largest Energy Production Public Companies in South Korea
Benchmark revenue and EBITDA valuation multiples for public comps like
Doosan, SK Innovation, HD Hyundai, S-Oil and SK Gas.
 | Doosan Corp. is a South Korean company engaged in heavy industries, machinery manufacturing and others through its subsidiaries. The company generates the majority of its revenue from three subsidies: Doosan Infracore, or DI; Doosan Heavy Industries & Construction, or DHC; and Doosan Engineering & Construction, or DEC. DI, which is partially owned by Doosan Corp., is engaged in manufacturing and selling of internal combustion engines, construction machinery, and others. DHC, another company partially owned by Doosan Corp., is engaged in supplying generating units, casting, forging, and other businesses. DEC, whose majority stake is owned by Doosan Corp., is engaged in apartment building constructions. The company generates most of its sales from Asia, the U.S., and Europe. | $1,025 | +162% | $17B | $21B | 1.5x | 16.2x | ||
| SK Innovation Co Ltd is a Korean-based company engaged in the production and sale of petroleum products, lubricants, and base oils. Its operating segments include Petroleum & Chemicals, Lubricant, Oil development, ENS, Batteries & Materials, and Other sectors. Its main products include eco-friendly gasoline, diesel, kerosene, aviation fuel, naphtha, olefins, aromatics, lubricant base oils, and batteries for electric vehicles. It generates the majority of its revenue from the Petroleum and Chemicals segment. | $76 | -7% | $13B | $31B | 0.5x | 12.4x | ||
| HD Hyundai is a diversified industrial group with operations across multiple engineering and manufacturing sectors. The company has six segments: Electrical and Electronics, which produces transformers, high-voltage circuit breakers, switchboards, rotating machines, power control systems, and wind power generators; Construction Equipment, covering construction and industrial transport machinery; Essential Oil, focused on oil refining treatment; Other Sectors, including industrial and display robot manufacturing and investment projects; Ship Service, providing engineering and engine after-sales services; and Joseon Maritime, engaged in shipbuilding, offshore plants, engines, and photovoltaic solutions. It generates the majority of its revenue from the Essential oil segment. | $183 | +110% | $13B | $15B | 0.3x | 2.9x | ||
| S-Oil is an integrated energy company that operates a refinery, petrochemical, and lube oil business. Revenue is primarily derived from refining operations, with the majority of sales from Asian countries. Refining operations include a cracking center, which is used for replacement and low sulfurization of all products that actively respond to changes in market conditions. The company exports ultra-low-sulfur diesel fuel, processed to meet environmental regulations around the world. Other products from S-Oil facilities include LPG, naphtha, kerosene/diesel, B-C oil, and other crude oil byproducts. | $74 | +84% | $9B | $13B | 0.5x | 15.8x | ||
| SK Gas Co Ltd supplies and distributes liquefied petroleum gas In Korea and internationally. The company is involved in Liquefied petroleum gas marketing and trading business, Liquefied petroleum gas import terminal and tank terminal business and propane de-hydrogenation business. The company mainly operates in Korea, China, Singapore, U.S.A and UAE. | $146 | -16% | $1B | $4B | 0.7x | 7.3x | ||
| HLB Life Science Co Ltd and its subsidiaries are engaged in the medicare business, bio development business, medical device business, and drug distribution business. The company is a medical device for in vitro diagnostics.The main business is the Medicare business, which includes foot and manufacturing, quasi-drug component development, and finished product consignment production. | $2 | -37% | $255M | $350M | 11.7x | (6.4x) | ||
| GS Global Corp is a general trading company and operates in various fields of business such as trade/distribution of steel, petroleum/chemical products, coal/biomass, cement, machinery, and others; logistics sector such as PDI of imported cars, loading and unloading transportation; new business and other sectors such as electric vehicles, solar power equipment, healthcare, recycling, and others; manufacturing of offshore wind power infrastructure and chemical equipment. | $2 | -- | $162M | $421M | 0.2x | 9.5x | ||
| Median | $76 | +38% | $9B | $13B | 0.5x | 9.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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