The Kansai Electric Power Company, Incorporated

DB:KPO Stock Report

Market Cap: €9.3b

Kansai Electric Power Company Valuation

Is KPO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KPO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KPO (€10.19) is trading below our estimate of fair value (€17.92)

Significantly Below Fair Value: KPO is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for KPO?

Key metric: As KPO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KPO. This is calculated by dividing KPO's market cap by their current earnings.
What is KPO's PE Ratio?
PE Ratio5.2x
EarningsJP¥299.64b
Market CapJP¥1.53t

Price to Earnings Ratio vs Peers

How does KPO's PE Ratio compare to its peers?

The above table shows the PE ratio for KPO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.2x
EBK EnBW Energie Baden-Württemberg
27.4xn/a€16.4b
LEC Lechwerke
25.8xn/a€2.5b
RWE RWE
7.5x-10.3%€21.2b
EOAN E.ON
16.3x8.7%€29.2b
KPO Kansai Electric Power Company
5.2x-0.07%€1.5t

Price-To-Earnings vs Peers: KPO is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (19.2x).


Price to Earnings Ratio vs Industry

How does KPO's PE Ratio compare vs other companies in the European Electric Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
KPO 5.2xIndustry Avg. 12.6xNo. of Companies11PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KPO is good value based on its Price-To-Earnings Ratio (5.2x) compared to the European Electric Utilities industry average (12.6x).


Price to Earnings Ratio vs Fair Ratio

What is KPO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KPO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.2x
Fair PE Ratio20.7x

Price-To-Earnings vs Fair Ratio: KPO is good value based on its Price-To-Earnings Ratio (5.2x) compared to the estimated Fair Price-To-Earnings Ratio (20.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KPO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.19
€13.28
+30.3%
13.8%€15.96€11.13n/a5
Dec ’25€11.92
€17.79
+49.2%
10.3%€20.15€15.79n/a5
Nov ’25€14.55
€17.79
+22.3%
10.3%€20.15€15.79n/a5
Oct ’25€14.69
€17.66
+20.3%
13.8%€20.49€13.91n/a5
Sep ’25€15.77
€17.66
+12.0%
13.8%€20.49€13.91n/a5
Aug ’25€15.25
€17.42
+14.2%
14.3%€20.10€13.64n/a5
Jul ’25€15.31
€16.93
+10.6%
19.1%€19.55€11.63n/a4
Jun ’25€16.55
€16.93
+2.3%
19.1%€19.55€11.63n/a4
May ’25€13.74
€15.38
+11.9%
15.7%€19.05€12.17n/a5
Apr ’25€13.00
€15.38
+18.3%
15.7%€19.05€12.17n/a5
Mar ’25€11.80
€15.38
+30.3%
15.7%€19.05€12.17n/a5
Feb ’25€12.20
€15.74
+29.0%
19.3%€20.74€12.59n/a4
Jan ’25€11.80
€15.74
+33.4%
19.3%€20.74€12.59n/a4
Dec ’24€12.20
€15.56
+27.6%
17.7%€19.93€12.10€11.925
Nov ’24€12.00
€16.33
+36.1%
18.2%€21.16€12.54€14.555
Oct ’24€13.10
€16.36
+24.9%
18.2%€21.19€12.56€14.695
Sep ’24€13.10
€14.13
+7.9%
33.3%€21.11€7.90€15.775
Aug ’24€12.10
€14.04
+16.0%
30.8%€19.80€8.04€15.255
Jul ’24€11.20
€13.92
+24.3%
30.8%€19.64€7.97€15.315
Jun ’24€10.50
€12.76
+21.5%
33.7%€20.68€8.39€16.555
May ’24€9.50
€11.80
+24.3%
24.9%€16.77€8.63€13.745
Apr ’24€8.70
€11.80
+35.7%
24.9%€16.77€8.63€13.005
Mar ’24€8.55
€11.92
+39.4%
22.7%€16.96€8.72€11.806
Feb ’24€8.40
€11.64
+38.6%
24.3%€17.60€8.80€12.206
Jan ’24€8.90
€11.27
+26.7%
20.9%€16.11€8.68€11.806
Dec ’23€8.20
€11.07
+35.0%
20.8%€15.79€8.51€12.206

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 11:20
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Kansai Electric Power Company, Incorporated is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masanori MaruoBarclays
Takahiro MoriBofA Global Research
Takashi MiyazakiCitigroup Global Markets Japan Inc.