Announcement • May 07
KEPCO Plant Service & Engineering Co.,Ltd. to Report Q1, 2026 Results on May 11, 2026 KEPCO Plant Service & Engineering Co.,Ltd. announced that they will report Q1, 2026 results at 4:00 PM, Alaskan Daylight on May 11, 2026 Buy Or Sell Opportunity • Mar 31
Now 22% undervalued Over the last 90 days, the stock has risen 12% to ₩55,500. The fair value is estimated to be ₩71,133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.0%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Reported Earnings • Mar 20
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₩2,761 (down from ₩3,832 in FY 2024). Revenue: ₩1.58t (up 1.2% from FY 2024). Net income: ₩124.2b (down 28% from FY 2024). Profit margin: 7.9% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Commercial Services industry in South Korea. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩51,200, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Commercial Services industry in South Korea. Total returns to shareholders of 68% over the past three years. Announcement • Feb 12
KEPCO Plant Service & Engineering Co.,Ltd., Annual General Meeting, Mar 26, 2026 KEPCO Plant Service & Engineering Co.,Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 211, munhwa-ro, jeollanam-do, naju South Korea Announcement • Feb 05
KEPCO Plant Service & Engineering Co.,Ltd. to Report Q4, 2025 Results on Feb 10, 2026 KEPCO Plant Service & Engineering Co.,Ltd. announced that they will report Q4, 2025 results on Feb 10, 2026 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩60,400, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Commercial Services industry in South Korea. Total returns to shareholders of 108% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩110,568 per share. Upcoming Dividend • Dec 22
Upcoming dividend of ₩2,469 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Payout ratio and cash payout ratio are on the higher end at 79% and 84% respectively. Trailing yield: 4.6%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (3.4%). Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩949 (vs ₩753 in 3Q 2024) Third quarter 2025 results: EPS: ₩949 (up from ₩753 in 3Q 2024). Revenue: ₩393.7b (up 11% from 3Q 2024). Net income: ₩42.7b (up 26% from 3Q 2024). Profit margin: 11% (up from 9.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Commercial Services industry in South Korea. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Declared Dividend • Nov 08
Dividend of ₩2,469 announced Dividend of ₩2,469 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
KEPCO Plant Service & Engineering Co.,Ltd. announces Annual dividend, payable on April 27, 2026 KEPCO Plant Service & Engineering Co.,Ltd. announced Annual dividend of KRW 2469.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Announcement • Nov 05
KEPCO Plant Service & Engineering Co.,Ltd. to Report Q3, 2025 Results on Nov 10, 2025 KEPCO Plant Service & Engineering Co.,Ltd. announced that they will report Q3, 2025 results on Nov 10, 2025 Reported Earnings • Aug 20
Second quarter 2025 earnings released: EPS: ₩1,131 (vs ₩1,323 in 2Q 2024) Second quarter 2025 results: EPS: ₩1,131 (down from ₩1,323 in 2Q 2024). Revenue: ₩454.0b (up 5.9% from 2Q 2024). Net income: ₩50.9b (down 15% from 2Q 2024). Profit margin: 11% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Commercial Services industry in South Korea. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 19
Now 22% undervalued Over the last 90 days, the stock has risen 20% to ₩49,650. The fair value is estimated to be ₩63,922, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Buy Or Sell Opportunity • Aug 01
Now 20% undervalued Over the last 90 days, the stock has risen 14% to ₩49,500. The fair value is estimated to be ₩62,168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩53,200, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Commercial Services industry in South Korea. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩56,332 per share. Major Estimate Revision • May 16
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩1.62b to ₩1.56b. EPS estimate also fell from ₩3,957 per share to ₩3,275 per share. Net income forecast to shrink 14% next year vs 0.3% growth forecast for Commercial Services industry in South Korea . Consensus price target broadly unchanged at ₩54,667. Share price was steady at ₩41,900 over the past week. Reported Earnings • Mar 14
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₩3,832 (up from ₩3,615 in FY 2023). Revenue: ₩1.56t (up 1.5% from FY 2023). Net income: ₩172.4b (up 6.0% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 1.7%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Commercial Services industry in South Korea. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Feb 12
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩4,098 to ₩3,674 per share. Revenue forecast steady at ₩1.64b. Net income forecast to shrink 6.2% next year vs 7.4% growth forecast for Commercial Services industry in South Korea . Consensus price target broadly unchanged at ₩56,111. Share price fell 5.2% to ₩43,600 over the past week. Announcement • Feb 12
KEPCO Plant Service & Engineering Co.,Ltd., Annual General Meeting, Mar 26, 2025 KEPCO Plant Service & Engineering Co.,Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 211, munhwa-ro, jeollanam-do, naju South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩2,158 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 April 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.9%). Price Target Changed • Dec 19
Price target increased by 8.2% to ₩54,000 Up from ₩49,900, the current price target is an average from 9 analysts. New target price is 13% above last closing price of ₩47,650. Stock is up 34% over the past year. The company is forecast to post earnings per share of ₩3,898 for next year compared to ₩3,615 last year. Major Estimate Revision • Aug 09
Consensus EPS estimates increase by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩3,397 to ₩3,797. Revenue forecast steady at ₩1.56b. Net income forecast to grow 7.0% next year vs 5.3% growth forecast for Commercial Services industry in South Korea. Consensus price target broadly unchanged at ₩48,556. Share price rose 4.9% to ₩40,850 over the past week. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: ₩3,615 (vs ₩2,226 in FY 2022) Full year 2023 results: EPS: ₩3,615 (up from ₩2,226 in FY 2022). Revenue: ₩1.53t (up 7.3% from FY 2022). Net income: ₩162.7b (up 62% from FY 2022). Profit margin: 11% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Commercial Services industry in South Korea. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Mar 15
New major risk - Revenue and earnings growth Earnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 10% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (99% cash payout ratio). Upcoming Dividend • Dec 20
Upcoming dividend of ₩1,305 per share at 3.6% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 40% and the cash payout ratio is 99%. Trailing yield: 3.6%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (3.0%). Reported Earnings • Aug 20
Second quarter 2023 earnings released: EPS: ₩905 (vs ₩544 in 2Q 2022) Second quarter 2023 results: EPS: ₩905 (up from ₩544 in 2Q 2022). Revenue: ₩410.0b (up 6.3% from 2Q 2022). Net income: ₩40.7b (up 66% from 2Q 2022). Profit margin: 9.9% (up from 6.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Commercial Services industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩1,022 (vs ₩463 in 1Q 2022) First quarter 2023 results: EPS: ₩1,022 (up from ₩463 in 1Q 2022). Revenue: ₩351.1b (up 16% from 1Q 2022). Net income: ₩46.0b (up 121% from 1Q 2022). Profit margin: 13% (up from 6.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Mar 16
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₩2,226 (up from ₩2,193 in FY 2021). Revenue: ₩1.43t (up 3.5% from FY 2021). Net income: ₩100.2b (up 1.5% from FY 2021). Profit margin: 7.0% (in line with FY 2021). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 21
Upcoming dividend of ₩1,199 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 28 April 2023. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (3.2%). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Head of Management Support Division & Executive Director Jinho Lee was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Aug 16
Consensus EPS estimates fall by 32% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩1.41b to ₩1.37b. EPS estimate also fell from ₩2,707 per share to ₩1,836 per share. Net income forecast to grow 28% next year vs 21% growth forecast for Commercial Services industry in South Korea. Consensus price target broadly unchanged at ₩49,833. Share price rose 5.0% to ₩41,950 over the past week. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₩39,250, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 40% over the past three years. Major Estimate Revision • May 17
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩1.44b to ₩1.37b. EPS estimate also fell from ₩2,949 per share to ₩2,409 per share. Net income forecast to grow 9.9% next year vs 23% growth forecast for Commercial Services industry in South Korea. Consensus price target broadly unchanged at ₩48,667. Share price fell 3.8% to ₩36,950 over the past week. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Head of Management Support Division & Executive Director Jinho Lee was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: ₩2,193 (up from ₩1,935 in FY 2020). Revenue: ₩1.38t (up 5.9% from FY 2020). Net income: ₩98.7b (up 13% from FY 2020). Profit margin: 7.1% (up from 6.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 2.5%, compared to a 2.9% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Major Estimate Revision • Feb 16
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩3,263 to ₩2,761 per share. Revenue forecast steady at ₩1.41b. Net income forecast to grow 3.2% next year vs 18% growth forecast for Commercial Services industry in South Korea. Consensus price target down from ₩47,571 to ₩46,286. Share price fell 4.1% to ₩33,700 over the past week. Upcoming Dividend • Dec 22
Upcoming dividend of ₩1,146 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 28 April 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.9%. Within top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (3.1%). Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to ₩43,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Commercial Services industry in Asia. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩83,609 per share. Major Estimate Revision • Aug 18
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate fell from ₩3,550 to ₩3,075 per share. Revenue forecast steady at ₩1.38b. Net income forecast to grow 33% next year vs 24% growth forecast for Commercial Services industry in South Korea. Consensus price target broadly unchanged at ₩45,667. Share price fell 6.7% to ₩38,300 over the past week. Price Target Changed • May 31
Price target increased to ₩44,333 Up from ₩41,000, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ₩46,050. Stock is up 43% over the past year. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 15% share price gain to ₩40,150, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Commercial Services industry in Asia. Total returns to shareholders of 9.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,973 per share. Price Target Changed • May 14
Price target increased to ₩38,000 Up from ₩35,500, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of ₩38,900. Stock is up 25% over the past year. Reported Earnings • Mar 18
Full year 2020 earnings released: EPS ₩1,935 (vs ₩3,407 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩1.30t (up 4.5% from FY 2019). Net income: ₩87.1b (down 43% from FY 2019). Profit margin: 6.7% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 24
New 90-day low: ₩27,050 The company is down 7.0% from its price of ₩29,100 on 26 November 2020. The South Korean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩65,657 per share. Major Estimate Revision • Feb 11
Analysts update estimates The 2021 consensus earning per share (EPS) estimate was lowered from ₩3,355 to ₩2,974. Revenue estimate was approximately flat at ₩1.31b. Net income is expected to grow by 5.9% next year compared to 23% growth forecast for the Commercial Services industry in South Korea. The consensus price target was lowered from ₩36,000 to ₩35,250. Share price is up 2.2% to ₩28,100 over the past week. Announcement • Feb 10
KEPCO Plant Service & Engineering Co.,Ltd., Annual General Meeting, Mar 25, 2021 KEPCO Plant Service & Engineering Co.,Ltd., Annual General Meeting, Mar 25, 2021, at 09:30 Korea Standard Time. Is New 90 Day High Low • Dec 11
New 90-day high: ₩30,350 The company is up 8.0% from its price of ₩28,000 on 11 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩58,592 per share. Is New 90 Day High Low • Nov 24
New 90-day high: ₩29,450 The company is up 5.0% from its price of ₩28,000 on 27 August 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩50,134 per share. Reported Earnings • Nov 22
Third quarter 2020 earnings released: EPS ₩72.00 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: ₩324.0b (up 8.9% from 3Q 2019). Net income: ₩3.24b (down 92% from 3Q 2019). Profit margin: 1.0% (down from 14% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Aug 26
KEPCO Plant Service & Engineering Co.,Ltd. (KOSE:A051600) signed a memorandum of understanding to acquire stressed power plants in India from Manikaran Power Limited. KEPCO Plant Service & Engineering Co.,Ltd. (KOSE:A051600) signed a memorandum of understanding to acquire stressed power plants in India from Manikaran Power Limited on August 24, 2020.