Kangwon Land Inc
KRX:035250

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Kangwon Land Inc
KRX:035250
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Price: 17 320 KRW 0.93%
Market Cap: ₩3.5T

P/B

0.9
Current
4%
Cheaper
vs 3-y average of 0.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.9
=
Market Cap
₩3.6T
/
Total Equity
₩4T

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.9
=
Market Cap
₩3.6T
/
Total Equity
₩4T

Valuation Scenarios

Kangwon Land Inc is trading below its 3-year average

If P/B returns to its 3-Year Average (0.9), the stock would be worth ₩18 074.33 (4% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+28%
Average Upside
17%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.9 ₩17 320
0%
3-Year Average 0.9 ₩18 074.33
+4%
5-Year Average 1 ₩19 263.59
+11%
Industry Average 1.1 ₩21 517.53
+24%
Country Average 1.1 ₩22 254.62
+28%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Korea
Percentile
40th
Based on 1 345 companies
40th percentile
0.9
Low
0.1 — 0.7
Typical Range
0.7 — 2.3
High
2.3 —
Distribution Statistics
Korea
Min 0.1
30th Percentile 0.7
Median 1.1
70th Percentile 2.3
Max 2 461.2

Kangwon Land Inc
Glance View

Amidst the picturesque landscapes of South Korea's Gangwon Province lies Kangwon Land Inc., a unique player in the country's gaming and entertainment industry. Established in 1998, the company stands out with its singular status as the only place in South Korea where locals are legally permitted to gamble. Nestled in the highlands of Jeongseon County, its flagship resort, Kangwon Land Casino, serves as the heart of its operations. Drawing in domestic patrons alongside international tourists, the casino generates a substantial portion of the company's revenue. Kangwon Land leverages its advantage with exclusivity in the local market to attract visitors seeking a comprehensive entertainment experience, complete with vibrant gaming floors, luxurious accommodations, and diverse leisure activities. Beyond the gaming tables and slot machines, Kangwon Land has effectively transformed its isolated location into a thriving resort destination, contributing significantly to the regional economy. With a strategy that blends hospitality, skiing, golf, and convention offerings, the company transcends the traditional casino business model to cultivate a multifaceted appeal. By investing in resort-based attractions and amenities, Kangwon Land extends its revenue streams beyond gaming, capturing a broader market of leisure and business travelers. This holistic approach drives sustained growth, positioning the company as both an economic linchpin and a model of integrated resort success within the Asian gaming and hospitality sectors.

Intrinsic Value
19 597.76 KRW
Undervaluation 12%
Intrinsic Value
Price ₩17 320
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