KOREA ELEC POWER CORP-SP ADR (KEP) Stock Fundamental Analysis
USA - NYSE:KEP - US5006311063 - ADR
16.51 USD
-0.12 (-0.72%)
16.52 USD
+0.01 (+0.06%)
We assign a fundamental rating of 4 out of 10 to KEP. KEP was compared to 48 industry peers in the Electric Utilities industry. KEP may be in some trouble as it scores bad on both profitability and health. KEP may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
KEP had positive earnings in the past year.
In the past year KEP had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: KEP reported negative net income in multiple years.
KEP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.53%, KEP is in line with its industry, outperforming 40.43% of the companies in the same industry.
KEP has a better Return On Equity (14.89%) than 82.98% of its industry peers.
With a Return On Invested Capital value of 4.04%, KEP perfoms like the industry average, outperforming 40.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.53% | ||
| ROE | 14.89% | ||
| ROIC | 4.04% |
ROA(3y)-3.67%
ROA(5y)-2.51%
ROE(3y)-21.68%
ROE(5y)-14.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of KEP (6.61%) is worse than 82.98% of its industry peers.
KEP has a worse Operating Margin (12.21%) than 80.85% of its industry peers.
KEP has a Gross Margin of 15.48%. This is in the lower half of the industry: KEP underperforms 78.72% of its industry peers.
KEP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.21% | ||
| PM (TTM) | 6.61% | ||
| GM | 15.48% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y39.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KEP is creating some value.
The number of shares outstanding for KEP remains at a similar level compared to 1 year ago.
KEP has about the same amout of shares outstanding than it did 5 years ago.
KEP has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.60, we must say that KEP is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.60, KEP is not doing good in the industry: 76.60% of the companies in the same industry are doing better.
KEP has a debt to FCF ratio of 41.12. This is a negative value and a sign of low solvency as KEP would need 41.12 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 41.12, KEP is doing good in the industry, outperforming 74.47% of the companies in the same industry.
KEP has a Debt/Equity ratio of 2.45. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.45, KEP is doing worse than 93.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.45 | ||
| Debt/FCF | 41.12 | ||
| Altman-Z | 0.6 |
ROIC/WACC1.71
WACC2.37%
2.3 Liquidity
A Current Ratio of 0.46 indicates that KEP may have some problems paying its short term obligations.
With a Current ratio value of 0.46, KEP is not doing good in the industry: 95.74% of the companies in the same industry are doing better.
A Quick Ratio of 0.31 indicates that KEP may have some problems paying its short term obligations.
KEP's Quick ratio of 0.31 is on the low side compared to the rest of the industry. KEP is outperformed by 93.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.46 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 138.53% over the past year.
Looking at the last year, KEP shows a small growth in Revenue. The Revenue has grown by 5.55% in the last year.
The Revenue has been growing by 9.56% on average over the past years. This is quite good.
EPS 1Y (TTM)138.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1653.47%
Revenue 1Y (TTM)5.55%
Revenue growth 3Y15.46%
Revenue growth 5Y9.56%
Sales Q2Q%7.21%
3.2 Future
Based on estimates for the next years, KEP will show a very strong growth in Earnings Per Share. The EPS will grow by 42.41% on average per year.
KEP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.77% yearly.
EPS Next Y127.82%
EPS Next 2Y61.28%
EPS Next 3Y42.41%
EPS Next 5YN/A
Revenue Next Year4.19%
Revenue Next 2Y3.11%
Revenue Next 3Y2.77%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
KEP is valuated cheaply with a Price/Earnings ratio of 4.90.
89.36% of the companies in the same industry are more expensive than KEP, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.89, KEP is valued rather cheaply.
The Price/Forward Earnings ratio is 3.42, which indicates a rather cheap valuation of KEP.
97.87% of the companies in the same industry are more expensive than KEP, based on the Price/Forward Earnings ratio.
KEP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.9 | ||
| Fwd PE | 3.42 |
4.2 Price Multiples
KEP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. KEP is cheaper than 95.74% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KEP is valued cheaply inside the industry as 89.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.44 | ||
| EV/EBITDA | 5.64 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KEP's earnings are expected to grow with 42.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y61.28%
EPS Next 3Y42.41%
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, KEP is not a good candidate for dividend investing.
With a Dividend Yield of 0.43, KEP pays less dividend than the industry average, which is at 3.64. 87.23% of the companies listed in the same industry pay a better dividend than KEP!
Compared to an average S&P500 Dividend Yield of 2.42, KEP's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
The dividend of KEP has a limited annual growth rate of 5.02%.
KEP has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)5.02%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
KEP pays out 4.03% of its income as dividend. This is a sustainable payout ratio.
The dividend of KEP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP4.03%
EPS Next 2Y61.28%
EPS Next 3Y42.41%
16.51
-0.12 (-0.72%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners49.05%
Inst Owner Change2.95%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap21.20B
Revenue(TTM)95.81T
Net Income(TTM)6.33T
Analysts79.05
Price Target16.01 (-3.03%)
Short Float %0.18%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.07
Dividend Growth(5Y)5.02%
DP4.03%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.16%
Min EPS beat(2)-24.08%
Max EPS beat(2)48.39%
EPS beat(4)2
Avg EPS beat(4)8.32%
Min EPS beat(4)-24.08%
Max EPS beat(4)48.39%
EPS beat(8)3
Avg EPS beat(8)62.06%
EPS beat(12)5
Avg EPS beat(12)40.12%
EPS beat(16)5
Avg EPS beat(16)-39.99%
Revenue beat(2)1
Avg Revenue beat(2)-1.25%
Min Revenue beat(2)-2.62%
Max Revenue beat(2)0.13%
Revenue beat(4)2
Avg Revenue beat(4)-0.82%
Min Revenue beat(4)-2.62%
Max Revenue beat(4)0.81%
Revenue beat(8)3
Avg Revenue beat(8)-0.76%
Revenue beat(12)6
Avg Revenue beat(12)-0.08%
Revenue beat(16)9
Avg Revenue beat(16)11.16%
PT rev (1m)3.28%
PT rev (3m)16.17%
EPS NQ rev (1m)-4.72%
EPS NQ rev (3m)-15.59%
EPS NY rev (1m)0.78%
EPS NY rev (3m)13.23%
Revenue NQ rev (1m)0.16%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.9 | ||
| Fwd PE | 3.42 | ||
| P/S | 0.32 | ||
| P/FCF | 9.44 | ||
| P/OCF | 1.62 | ||
| P/B | 0.73 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 5.64 |
EPS(TTM)3.37
EY20.41%
EPS(NY)4.83
Fwd EY29.28%
FCF(TTM)1.75
FCFY10.59%
OCF(TTM)10.21
OCFY61.85%
SpS50.99
BVpS22.63
TBVpS22
PEG (NY)0.04
PEG (5Y)N/A
Graham Number41.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.53% | ||
| ROE | 14.89% | ||
| ROCE | 6.25% | ||
| ROIC | 4.04% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 4.19% | ||
| OM | 12.21% | ||
| PM (TTM) | 6.61% | ||
| GM | 15.48% | ||
| FCFM | 3.43% |
ROA(3y)-3.67%
ROA(5y)-2.51%
ROE(3y)-21.68%
ROE(5y)-14.1%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y39.06%
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.45 | ||
| Debt/FCF | 41.12 | ||
| Debt/EBITDA | 4.06 | ||
| Cap/Depr | 113.86% | ||
| Cap/Sales | 16.6% | ||
| Interest Coverage | 2.51 | ||
| Cash Conversion | 74.75% | ||
| Profit Quality | 51.9% | ||
| Current Ratio | 0.46 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | 0.6 |
F-Score7
WACC2.37%
ROIC/WACC1.71
Cap/Depr(3y)103.08%
Cap/Depr(5y)106.47%
Cap/Sales(3y)16.2%
Cap/Sales(5y)18.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)138.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1653.47%
EPS Next Y127.82%
EPS Next 2Y61.28%
EPS Next 3Y42.41%
EPS Next 5YN/A
Revenue 1Y (TTM)5.55%
Revenue growth 3Y15.46%
Revenue growth 5Y9.56%
Sales Q2Q%7.21%
Revenue Next Year4.19%
Revenue Next 2Y3.11%
Revenue Next 3Y2.77%
Revenue Next 5YN/A
EBIT growth 1Y81.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year223.3%
EBIT Next 3Y52.88%
EBIT Next 5YN/A
FCF growth 1Y110.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y203.68%
OCF growth 3Y52.54%
OCF growth 5Y14.19%
KOREA ELEC POWER CORP-SP ADR / KEP FAQ
Can you provide the ChartMill fundamental rating for KOREA ELEC POWER CORP-SP ADR?
ChartMill assigns a fundamental rating of 4 / 10 to KEP.
What is the valuation status of KOREA ELEC POWER CORP-SP ADR (KEP) stock?
ChartMill assigns a valuation rating of 9 / 10 to KOREA ELEC POWER CORP-SP ADR (KEP). This can be considered as Undervalued.
Can you provide the profitability details for KOREA ELEC POWER CORP-SP ADR?
KOREA ELEC POWER CORP-SP ADR (KEP) has a profitability rating of 3 / 10.
What is the valuation of KOREA ELEC POWER CORP-SP ADR based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KOREA ELEC POWER CORP-SP ADR (KEP) is 4.9 and the Price/Book (PB) ratio is 0.73.
What is the earnings growth outlook for KOREA ELEC POWER CORP-SP ADR?
The Earnings per Share (EPS) of KOREA ELEC POWER CORP-SP ADR (KEP) is expected to grow by 127.82% in the next year.