Panoramica dell'azienda
Korea Electric Power Corporation, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity within South Korea and in international markets. The entity operates through five distinct segments: Electricity Sales, Nuclear Power Generation, Thermal Power Generation, Power Supp, and other specialized divisions that support the regulated utility infrastructure. This organization is classified within the Utilities sector, specifically the Utilities - Regulated Electric industry, which implies that its operational rates and revenue streams are subject to regulatory oversight rather than pure market competition. The company possesses a substantial market capitalization of $19.14B and reports annual revenue of $97.43T, though the employee count is not disclosed in the available data. These financial magnitudes indicate that the firm serves as a foundational pillar for the national power grid, handling massive energy volumes that justify a significant valuation despite the specific constraints of the regulated utility model.
Salute finanziaria
The corporation generates a trailing twelve-month revenue of $97.43T, resulting in a net income of $8.54T and an EBITDA of $26.69T. The substantial disparity between the total revenue figure and the net income figure reveals a cost structure characterized by significant operating expenses, taxes, and interest costs that absorb a large portion of the top-line earnings before reaching the bottom line. The company reports a free cash flow of $4.30T, which represents the cash remaining after capital expenditures and operating costs, providing a baseline for financial flexibility to service debt or fund maintenance, although the magnitude of this figure relative to the debt load requires careful scrutiny. The gross margin stands at 17.0%, indicating the portion of revenue left after direct production costs are deducted, while the operating margin is 8.2%, reflecting efficiency in managing overhead and administrative functions before interest and taxes. The profit margin reaches 8.8%, demonstrating the final percentage of revenue retained as profit after all expenses including interest and taxes are accounted for. On the balance sheet, the company holds $5.60T in cash against $132.96T in total debt, creating a debt-to-equity ratio of 269.57%, which signifies a highly leveraged position typical of capital-intensive utility firms but warranting attention regarding interest coverage capabilities. The current ratio is 0.46, suggesting that the company's current assets are insufficient to cover its current liabilities without relying on external financing or asset liquidation. Return on Equity stands at 19.1%, indicating that shareholders are being generated at a high rate relative to their equity investment, while Return on Assets is 3.4%, showing the overall efficiency of the asset base in generating pre-tax income.
Valutazione del valore
The trailing twelve-month P/E ratio is 3.38, while the forward P/E is 2.40, implying that the market expects earnings to grow significantly in the future as the forward multiple is substantially lower than the historical average. The price-to-book ratio is 0.30, indicating that the stock is trading well below its book value, which suggests the market may be pricing in potential asset write-downs or specific risks associated with the regulated environment. The price-to-sales ratio is recorded as 0.00, and the EV/EBITDA stands at 4.82, suggesting that valuation models relying on sales multiples may be skewed due to the specific accounting treatment of this utility, while the EV/EBITDA provides a normalized view of enterprise value relative to earnings before interest, taxes, depreciation, and amortization. The 52-week high is $23.41 and the 52-week low is $7.40, placing the current trading price within a wide historical range that reflects periods of regulatory adjustment or market sentiment shifts regarding the utility sector. The beta value is 0.99, meaning the stock's price volatility mirrors the broader market movements almost exactly, lacking the typical defensive stability often associated with utility stocks during market downturns.
Growth & Income
Revenue growth year-over-year is 0.7%, while earnings growth year-over-year is 30.3%, indicating that earnings are expanding at a rate vastly superior to revenue growth, likely driven by regulatory rate adjustments, efficiency gains, or one-time items included in the EBITDA calculation. The dividend yield is 0.5% with a payout ratio of 0.0%, which means the company is currently retaining all of its earnings rather than distributing them to shareholders. Given the zero payout ratio, the firm is effectively reinvesting its entire earnings stream into operational capacity, debt repayment, or strategic initiatives rather than providing immediate income to investors. The overall growth and income profile presents a scenario of aggressive earnings expansion with no current dividend support, positioning the asset primarily as a capital appreciation vehicle rather than an income generator within the utility landscape.