Korea Electric Power Corporation

KOSE:A015760 Stock Report

Market Cap: ₩13.0t

Korea Electric Power Valuation

Is A015760 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 A015760 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A015760 (₩20650) is trading below our estimate of fair value (₩116416.69)

Significantly Below Fair Value: A015760 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A015760?

Key metric: As A015760 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A015760. This is calculated by dividing A015760's market cap by their current earnings.
What is A015760's PE Ratio?
PE Ratio3.6x
Earnings₩3.71t
Market Cap₩13.03t

Price to Earnings Ratio vs Peers

How does A015760's PE Ratio compare to its peers?

The above table shows the PE ratio for A015760 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.7x
A071320 Korea District Heating
1.2x-23.9%₩547.1b
A005090 SGC EnergyLtd
4.5x2.5%₩370.3b
A130660 Korea Electric Power Industrial Development
24xn/a₩311.0b
A036460 Korea Gas
21.2x27.8%₩3.0t
A015760 Korea Electric Power
3.6x26.2%₩13.0t

Price-To-Earnings vs Peers: A015760 is good value based on its Price-To-Earnings Ratio (3.6x) compared to the peer average (12.7x).

Price to Earnings Ratio vs Industry

How does A015760's PE Ratio compare vs other companies in the Asian Electric Utilities Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A015760 3.6xIndustry Avg. 17.7xNo. of Companies14PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A015760 is good value based on its Price-To-Earnings Ratio (3.6x) compared to the Asian Electric Utilities industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is A015760'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.

A015760 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.6x
Fair PE Ratio11.2x

Price-To-Earnings vs Fair Ratio: A015760 is good value based on its Price-To-Earnings Ratio (3.6x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).

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 A015760 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩20,650.00
₩28,058.82
+35.9%
7.8%₩33,000.00₩24,000.00n/a17
Dec ’25₩23,900.00
₩27,777.78
+16.2%
7.7%₩33,000.00₩24,000.00n/a18
Nov ’25₩23,050.00
₩26,176.47
+13.6%
8.0%₩30,000.00₩21,000.00n/a17
Oct ’25₩20,550.00
₩25,882.35
+25.9%
8.9%₩30,000.00₩21,000.00n/a17
Sep ’25₩21,700.00
₩26,111.11
+20.3%
9.3%₩30,000.00₩21,000.00n/a18
Aug ’25₩20,200.00
₩26,811.11
+32.7%
10.0%₩32,000.00₩21,000.00n/a18
Jul ’25₩19,530.00
₩26,858.82
+37.5%
9.9%₩32,000.00₩21,000.00n/a17
Jun ’25₩19,450.00
₩26,858.82
+38.1%
9.9%₩32,000.00₩21,000.00n/a17
May ’25₩21,150.00
₩28,220.00
+33.4%
10.4%₩32,000.00₩21,000.00n/a15
Apr ’25₩22,100.00
₩28,486.67
+28.9%
10.9%₩32,000.00₩21,000.00n/a15
Mar ’25₩24,800.00
₩27,753.33
+11.9%
12.9%₩32,000.00₩21,000.00n/a15
Feb ’25₩20,400.00
₩22,380.00
+9.7%
13.8%₩28,000.00₩17,700.00n/a15
Jan ’25₩18,900.00
₩21,950.00
+16.1%
13.2%₩28,000.00₩17,700.00n/a16
Dec ’24₩19,080.00
₩21,950.00
+15.0%
13.2%₩28,000.00₩17,700.00₩23,900.0016
Nov ’24₩16,770.00
₩22,725.00
+35.5%
12.2%₩28,000.00₩17,600.00₩23,050.0016
Oct ’24₩18,020.00
₩22,537.50
+25.1%
10.8%₩27,000.00₩17,600.00₩20,550.0016
Sep ’24₩17,820.00
₩22,537.50
+26.5%
10.8%₩27,000.00₩17,600.00₩21,700.0016
Aug ’24₩19,540.00
₩22,625.00
+15.8%
10.8%₩27,000.00₩17,000.00₩20,200.0016
Jul ’24₩20,600.00
₩22,343.75
+8.5%
10.7%₩27,000.00₩17,000.00₩19,530.0016
Jun ’24₩19,390.00
₩22,035.71
+13.6%
11.3%₩27,000.00₩17,000.00₩19,450.0014
May ’24₩18,680.00
₩22,076.92
+18.2%
14.2%₩28,000.00₩17,000.00₩21,150.0013
Apr ’24₩18,010.00
₩21,666.67
+20.3%
13.4%₩28,000.00₩17,000.00₩22,100.0012
Mar ’24₩18,050.00
₩22,571.43
+25.0%
15.5%₩30,000.00₩17,000.00₩24,800.0014
Feb ’24₩19,660.00
₩23,071.43
+17.4%
15.1%₩30,000.00₩18,000.00₩20,400.0014
Jan ’24₩21,800.00
₩23,285.71
+6.8%
18.1%₩30,000.00₩17,000.00₩18,900.0014
Dec ’23₩20,650.00
₩23,529.41
+13.9%
17.5%₩30,000.00₩17,000.00₩19,080.0017

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 Analysis2024/12/23 07:47
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Korea Electric Power Corporation is covered by 41 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Douglas KimBNP Paribas Securities (Asia)
Jay YooBofA Global Research
Min Seok ShinCape Investment & Securities Co., Ltd.