# DL E&C (375500.KO)

Canonical: https://gigainvestors.com/s/375500.KO

Analysis as of: 2026-10-16T07:41:34.345Z. 

Listing currency: KRW. Reporting currency: KRW.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: KRW 59,100.00 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 40% since Apr 2026

Story as of 2026-10-16T10:01:29.019Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in engineering & construction; annual sales are KRW 7.4 trillion.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2025-12-31 (filed 2026-10-16T07:41:34.345Z); FY2025: revenue 7402425126660; grossProfit 900168273220; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); 375500.KO: DL E&C Co.,Ltd., a construction company, provides engineering, procurement, and construction solutions in South Korea. The company undertakes various plant works in refinery/gas, petrochemical, energy, industrial facilities, environment, and other sectors; and offers civil works in road/bridge, port/water resources, and railroad/metro/tunnel. It also builds office/commercial, cultural/sports, hotel/resort, education/healthcare, and logistics centers; and provides housing works, such as apartments, and residential and commercial; and redevelopment, reconstruction, and remodeling services. DL E&C Co.,Ltd. was incorporated in 1939 and is headquartered in Seoul, South Korea.

### Why customers stay

Margins ranged from 9.8% to 12.2% during 2023–25.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2023-12-31 (filed 2026-10-16T07:41:34.345Z); FY2023: grossProfit / revenue = 9.8%.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2024-12-31 (filed 2026-10-16T07:41:34.345Z); FY2024: grossProfit / revenue = 10.2%.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2025-12-31 (filed 2026-10-16T07:41:34.345Z); FY2025: grossProfit / revenue = 12.2%.

### Where the cash goes

Paid dividends in 5 of 5 years; bought back KRW 34.4 billion of shares.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2021-12-31 (filed 2026-10-16T07:41:34.345Z); FY2021: growth capex 0; upkeep 16050865630; owner earnings 534042149596. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2022-12-31 (filed 2026-10-16T07:41:34.345Z); FY2022: growth capex 0; upkeep 12472847700; owner earnings 112963071932. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2023-12-31 (filed 2026-10-16T07:41:34.345Z); FY2023: growth capex 0; upkeep 16558284040; owner earnings 234715268034. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2024-12-31 (filed 2026-10-16T07:41:34.345Z); FY2024: growth capex 0; upkeep 11868004200; owner earnings 160439089252. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2025-12-31 (filed 2026-10-16T07:41:34.345Z); FY2025: growth capex 0; upkeep 23060552190; owner earnings 186632642576. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:41:34.345Z); Dividend observations: [[2021,4371598550],[2022,63973325500],[2023,44263663830],[2024,21692022240],[2025,23028146030]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/api/fundamentals/375500.KO.json#2025-12-31 (filed 2026-10-16T07:41:34.345Z); FY2025: cash repurchases 34399841150 KRW.

### Are managers owners

Insiders own 24.8% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); 375500.KO SharesStats.PercentInsiders = 24.811 percentage points; cache date 2026-10-16.

### What the price says

The price is 0.3 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:41:34.345Z); Closing price 59100 KRW; reporting-to-trading FX 1; FY2025 annual sales per share 174887.9802311857; price multiple 0.33793059947216086. FY2025 cash earnings/share 4409.339553840598. Closing-price date 2026-10-15.

## Monthly share-price history (KRW per share)

- 2021-01: KRW 55,750.00 per share

- 2021-02: KRW 55,500.00 per share

- 2021-03: KRW 60,250.00 per share

- 2021-04: KRW 66,500.00 per share

- 2021-05: KRW 67,250.00 per share

- 2021-06: KRW 71,000.00 per share

- 2021-07: KRW 73,250.00 per share

- 2021-08: KRW 70,500.00 per share

- 2021-09: KRW 67,000.00 per share

- 2021-10: KRW 67,500.00 per share

- 2021-11: KRW 55,250.00 per share

- 2021-12: KRW 59,500.00 per share

- 2022-01: KRW 58,250.00 per share

- 2022-02: KRW 64,250.00 per share

- 2022-03: KRW 66,250.00 per share

- 2022-04: KRW 60,300.00 per share

- 2022-05: KRW 52,300.00 per share

- 2022-06: KRW 41,450.00 per share

- 2022-07: KRW 40,550.00 per share

- 2022-08: KRW 40,950.00 per share

- 2022-09: KRW 34,300.00 per share

- 2022-10: KRW 34,450.00 per share

- 2022-11: KRW 41,850.00 per share

- 2022-12: KRW 33,750.00 per share

- 2023-01: KRW 38,000.00 per share

- 2023-02: KRW 33,000.00 per share

- 2023-03: KRW 32,350.00 per share

- 2023-04: KRW 35,200.00 per share

- 2023-05: KRW 36,300.00 per share

- 2023-06: KRW 34,750.00 per share

- 2023-07: KRW 30,600.00 per share

- 2023-08: KRW 31,000.00 per share

- 2023-09: KRW 31,150.00 per share

- 2023-10: KRW 34,250.00 per share

- 2023-11: KRW 38,300.00 per share

- 2023-12: KRW 36,050.00 per share

- 2024-01: KRW 41,700.00 per share

- 2024-02: KRW 37,000.00 per share

- 2024-03: KRW 36,150.00 per share

- 2024-04: KRW 37,400.00 per share

- 2024-05: KRW 34,000.00 per share

- 2024-06: KRW 32,400.00 per share

- 2024-07: KRW 35,200.00 per share

- 2024-08: KRW 33,000.00 per share

- 2024-09: KRW 29,750.00 per share

- 2024-10: KRW 30,900.00 per share

- 2024-11: KRW 33,700.00 per share

- 2024-12: KRW 32,150.00 per share

- 2025-01: KRW 31,350.00 per share

- 2025-02: KRW 40,500.00 per share

- 2025-03: KRW 41,600.00 per share

- 2025-04: KRW 43,450.00 per share

- 2025-05: KRW 48,300.00 per share

- 2025-06: KRW 51,800.00 per share

- 2025-07: KRW 47,150.00 per share

- 2025-08: KRW 42,350.00 per share

- 2025-09: KRW 41,900.00 per share

- 2025-10: KRW 42,700.00 per share

- 2025-11: KRW 40,250.00 per share

- 2025-12: KRW 41,150.00 per share

- 2026-01: KRW 44,400.00 per share

- 2026-02: KRW 51,100.00 per share

- 2026-03: KRW 66,800.00 per share

- 2026-04: KRW 99,000.00 per share

- 2026-05: KRW 76,500.00 per share

- 2026-06: KRW 64,100.00 per share

- 2026-07: KRW 58,500.00 per share

- 2026-08: KRW 72,000.00 per share

- 2026-09: KRW 77,800.00 per share

- 2026-10: KRW 62,600.00 per share

## Annual estimated value (KRW per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.