KEP
Korea Electric Power Corp
$11.70
▲ 3.4%Updated Today 3:42 PM ET
KEP at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 47/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 5.2% over the last 12 months
Market Cap
$18.42B
P/E
2.82x
Forward P/E (est.)
2.01x
ROE
18.6%
Revenue Growth
3.4%
EPS Growth
65.6%
Profit Margin
9.2%
FCF Yield
—
Debt / Equity
2.76x
ROIC
16.0%
Interest Coverage
1.81x
Current Ratio
0.46x
Dividend Yield
3.9%
Implied Growth (rev. DCF)
2.1%
Rating Score
47/100
Korea Electric Power Corp (KEP) is a large-cap company in the Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $18.42B.
In its latest reported year it generated about $69.43B in revenue and $2.62B in net profit.
Our model rates KEP Neutral (47/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
-11.4% average over the last 3 years
±18.0 pts around 3.3% across 10 years
grew in 6 of the last 9 year-over-year periods
positive in 3 of 10 years
16.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what KEP's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. KEP trades near $11.70, below its 50-day average ($13.43) and 200-day average ($15.97). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 49 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. KEP's is $0.49 (~4.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month KEP found buyers near $11.78 (support) and sellers near $13.91 (resistance); its 52-week range is $11.78–$23.41. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.2× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
12.4%
Revenue moved from $43.94B in 2015 to $69.43B in 2024, a 5.2% compound annual growth rate. The most recent year was roughly flat (3.4%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
11.5%
Operating Margin
9.1%
Net Margin
3.8%
ROE
18.6%
Korea Electric Power Corp keeps about 9.2% of each sales dollar as net profit, with a 11.5% gross margin and 9.1% operating margin. Return on equity is 18.6% and return on invested capital about 16.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$2.34B
Net Debt
$551.86M
Net Debt / EBITDA
0.09x
Debt / Equity
2.76x
Leverage: debt-to-equity is 2.8x, and operating profit covers interest about 1.8x, with a current ratio of 0.5x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $2.34B of total debt against $1.79B of cash.
Operating CF
$11.91B
Free Cash Flow
$1.25B
FCF Margin
1.8%
In the latest year Korea Electric Power Corp produced about $11.91B of operating cash flow and $1.25B of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.
Dividend yield
3.9%
Per share (latest FY)
$0.91
Total paid (latest FY)
$95.18M
History on record
10 years
dividend uses 8% of free cash flow
4% of net income paid out
total dividends increased 2 years in a row
payout was cut at least once in the last 10 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
2.82x
P/S
0.26x
P/B
0.63x
EV / EBITDA
1.13x
KEP trades at 2.8x trailing earnings (about 2.0x on estimated forward earnings), 0.3x sales, and 0.6x book value. Reverse-engineering today's price implies the market expects roughly 2.1% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$32.24
Current price
$11.70
Starting FCF (latest 10-K)
$1.25B
Growth, years 1–5
3.4%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where KEP sits versus its Utilities sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 38 Utilities companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How KEP stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.
In the Utilities sector (47 S&P 500 companies), KEP ranks #30 of 47 by our overall rating. It trades at a discount versus the sector on earnings (2.8x P/E vs. 21.9x median) with a higher return on equity (18.6% vs. 10.3%) and slower revenue growth (3.4% vs. 8.8%).
P/E vs sector
2.8x
median 21.9x
ROE vs sector
18.6%
median 10.3%
Growth vs sector
3.4%
median 8.8%
Sector rank
#30
of 47 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 47 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $11.70 today · expected CAGR -3% – 7%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $71.52B | $73.66B | $75.87B | $78.15B | $80.49B |
| Net income | $2.86B | $2.95B | $3.03B | $3.13B | $3.22B |
| EPS | $1.82 | $1.87 | $1.93 | $1.99 | $2.05 |
| Share price (low) | $9.09 | $9.36 | $9.64 | $9.93 | $10.23 |
| Share price (high) | $14.54 | $14.98 | $15.42 | $15.89 | $16.36 |
| CAGR (low–high) | -22% / 24% | -11% / 13% | -6% / 10% | -4% / 8% | -3% / 7% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for KEP:
- Strong return on equity (18.6%) shows capital is put to work well.
- Pays a 3.9% dividend on top of any price gains.
The case against KEP:
- Elevated leverage (debt/equity 2.8x) adds financial risk.
- Interest coverage is thin (1.8x), so debt costs bite.
Balance-sheet risk — debt/equity of 2.8x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Korea Electric Power Corp is a large-cap utilities business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 2.8x earnings, which our model scores Neutral (47/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 28 Wall Street analysts covering KEP recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-9 pts of buy ratings).
Latest SEC Filings
KEP's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
KEP — frequently asked questions
Is KEP a good stock to buy?
We don't give buy or sell advice. Our model rates Korea Electric Power Corp Neutral (47/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is KEP's rating on The Stocks School?
Korea Electric Power Corp currently scores 47/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does KEP's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Korea Electric Power Corp's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for KEP calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this KEP analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell KEP. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.