KEP Stock Analysis: Korea Electric Power | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 14.085m USD | 12M Return: -12.1% | US5006311063 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.12M
Qual. Beats: 0
Rev. Trend: 95.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Korea Electric Power Corporation (KEP) is the integrated electric utility of South Korea, operating across generation, transmission, and distribution both domestically and internationally. The company reports through five segments: Electricity Sales, Nuclear Power Generation, Thermal Power Generation, Power Support, and Other. Its generation portfolio spans thermal, nuclear, hydro, wind, and solar sources, and it is also active in clean hydrogen, microgrids, EV charging, and smart metering services.
Beyond core utility operations, KEP provides engineering, consulting, and EPC services internationally, including HVDC submarine transmission projects, as well as nuclear fuel design and manufacturing, power IT services, and facility management. The company was founded in 1961, adopted its current name in 1982, and is headquartered in Naju-si, South Korea.
As an electric utility, KEP operates in a capital-intensive, regulated sector that typically requires large upfront infrastructure investment and long asset lifecycles. South Korea is notable among major economies for its historically high share of nuclear power in the electricity mix, a backdrop that shapes KEPs generation strategy and regulatory environment.
- Electricity sales revenue pressured by South Korea industrial demand decline
- Nuclear power generation segment benefits from stable baseload capacity
- Government tariff regulation caps profitability on rate hike delays
| Net Income: 7840b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.78 > 1.0 |
| NWC/Revenue: -41.59% < 20% (prev -35.61%; Δ -5.98% < -1%) |
| CFO/TA 0.07 > 3% & CFO 18085b > Net Income 7840b |
| Net Debt (131301b) to EBITDA (27912b): 4.70 < 3 |
| Current Ratio: 0.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.28b) vs 12m ago 0.0% < -2% |
| Gross Margin: 15.36% > 18% (prev 14.75%; Δ 0.61% > 0.5%) |
| Asset Turnover: 37.95% > 50% (prev 38.01%; Δ -0.06% > 0%) |
| Interest Coverage Ratio: 3.38 > 6 (EBIT TTM 14279b / Interest Expense TTM 4229b) |
| A: -0.15 (Total Current Assets 32002b - Total Current Liabilities 72225b) / Total Assets 259813b |
| B: 0.08 (Retained Earnings 21771b / Total Assets 259813b) |
| C: 0.06 (EBIT TTM 14279b / Avg Total Assets 254856b) |
| D: 0.24 (Book Value of Equity 50145b / Total Liabilities 208507b) |
| Altman-Z'' = -0.11 = B |
| DSRI: 1.09 (Receivables 12351b/11136b, Revenue 96711b/94986b) |
| GMI: 0.96 (GM 14.75% / 15.36%) |
| AQI: 1.05 (AQ_t 0.14 / AQ_t-1 0.14) |
| SGI: 1.02 (Revenue 96711b / 94986b) |
| TATA: -0.04 (NI 7840b - CFO 18085b) / TA 259813b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of October 08, 2026, the stock is trading at USD 11.13 with a total of 578,367 shares traded. Over the past week, the price has changed by +1.55%, over one month by -11.03%, over three months by -10.96% and over the past year by -12.08%.
Current recommended Stop Loss: 10.70 (which is 3.9% or 1.6 ATR below the current price).
Korea Electric Power has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold KEP.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 15 | 34.8% |
P/E Trailing = 2.427
P/E Forward = 17.8571
P/S = 0.0001
P/B = 0.3971
P/EG = 0.4442
Revenue TTM = 96711b USD
EBIT TTM = 14279b USD
EBITDA TTM = 27912b USD
Long Term Debt = 83882b USD (from longTermDebt, last fiscal year)
Short Term Debt = 50649b USD (from shortTermDebt, last quarter)
Debt = 138158b USD (from shortLongTermDebtTotal, last quarter) + Leases 3135b
Net Debt = 131301b USD (calculated: Debt 138158b - CCE 6857b)
Enterprise Value = 131315b USD (14.1b + Debt 138158b - CCE 6857b)
Interest Coverage Ratio = 3.38 (Ebit TTM 14279b / Interest Expense TTM 4229b)
EV/FCF = 92.15x (Enterprise Value 131315b / FCF TTM 1425b)
FCF Yield = 1.09% (FCF TTM 1425b / Enterprise Value 131315b)
FCF Margin = 1.47% (FCF TTM 1425b / Revenue TTM 96711b)
Net Margin = 8.11% (Net Income TTM 7840b / Revenue TTM 96711b)
Gross Margin = 15.36% ((Revenue TTM 96711b - Cost of Revenue TTM 81857b) / Revenue TTM)
Gross Margin QoQ = 8.62% (prev 18.44%)
Tobins Q-Ratio = 0.51 (Enterprise Value 131315b / Total Assets 259813b)
Interest Expense / Debt = 3.06% (Interest Expense 4229b / Debt 138158b)
Taxrate = 24.60% (2586b / 10511b)
NOPAT = 10766b (EBIT 14279b * (1 - 24.60%))
Current Ratio = 0.44 (Total Current Assets 32002b / Total Current Liabilities 72225b)
Debt / Equity = 2.76 (Debt 138158b / totalStockholderEquity, last quarter 50145b)
Debt / EBITDA = 4.70 (Net Debt 131301b / EBITDA 27912b)
Debt / FCF = 92.14 (Net Debt 131301b / FCF TTM 1425b)
Total Stockholder Equity = 48598b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.08% (Net Income 7840b / Total Assets 259813b)
RoE = 16.13% (Net Income TTM 7840b / Total Stockholder Equity 48598b)
RoCE = 10.78% (EBIT 14279b / Capital Employed (Equity 48598b + L.T.Debt 83882b))
RoIC = 4.61% (NOPAT 10766b / Invested Capital 233401b)
WACC = 2.31% (E(14.1b)/V(138172b) * Re(7.20%) + D(138158b)/V(138172b) * Rd(3.06%) * (1-Tc(0.25)))
Discount Rate = 7.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 52.64 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈2183b ; Y1≈1914b ; Y5≈1547b
[DCF] Fair Price = N/A (negative equity: EV 24824b - Net Debt 131301b = -106477b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.20 | # QB: 0
Revenue Correlation: 95.00 | Revenue CAGR: 4.60% | SUE: -0.62 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.43 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=3.11 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=-31.5% | GrowthRev=+0.4%
EPS next Year (2027-12-31): EPS=2.82 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=-9.4% | GrowthRev=+4.1%