KOREA ELEC POWER CORP-SP ADR (KEP) Stock Fundamental Analysis
NYSE:KEP - New York Stock Exchange, Inc. - US5006311063 - ADR - Currency: USD
Taking everything into account, KEP scores 3 out of 10 in our fundamental rating. KEP was compared to 47 industry peers in the Electric Utilities industry. KEP has a bad profitability rating. Also its financial health evaluation is rather negative. KEP scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
KEP had negative earnings in 4 of the past 5 years.
Of the past 5 years KEP 4 years had a positive operating cash flow.
1.2 Ratios
KEP's Return On Assets of 1.52% is on the low side compared to the rest of the industry. KEP is outperformed by 86.84% of its industry peers.
With a Return On Equity value of 9.70%, KEP perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
The Return On Invested Capital of KEP (3.39%) is worse than 71.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.52% | ||
| ROE | 9.7% | ||
| ROIC | 3.39% |
ROA(3y)-4.98%
ROA(5y)-3.03%
ROE(3y)-27.37%
ROE(5y)-16.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
KEP has a worse Profit Margin (4.01%) than 84.21% of its industry peers.
Looking at the Operating Margin, with a value of 8.50%, KEP is doing worse than 86.84% of the companies in the same industry.
With a Gross Margin value of 11.87%, KEP is not doing good in the industry: 78.95% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.5% | ||
| PM (TTM) | 4.01% | ||
| GM | 11.87% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
KEP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, KEP has about the same amount of shares outstanding.
The number of shares outstanding for KEP remains at a similar level compared to 5 years ago.
Compared to 1 year ago, KEP has a worse debt to assets ratio.
2.2 Solvency
KEP has an Altman-Z score of 0.44. This is a bad value and indicates that KEP is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.44, KEP is doing worse than 84.21% of the companies in the same industry.
The Debt to FCF ratio of KEP is 154.35, which is on the high side as it means it would take KEP, 154.35 years of fcf income to pay off all of its debts.
KEP's Debt to FCF ratio of 154.35 is in line compared to the rest of the industry. KEP outperforms 57.89% of its industry peers.
A Debt/Equity ratio of 2.48 is on the high side and indicates that KEP has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.48, KEP is doing worse than 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.48 | ||
| Debt/FCF | 154.35 | ||
| Altman-Z | 0.44 |
ROIC/WACC0.91
WACC3.71%
2.3 Liquidity
A Current Ratio of 0.43 indicates that KEP may have some problems paying its short term obligations.
The Current ratio of KEP (0.43) is worse than 94.74% of its industry peers.
A Quick Ratio of 0.30 indicates that KEP may have some problems paying its short term obligations.
KEP's Quick ratio of 0.30 is on the low side compared to the rest of the industry. KEP is outperformed by 94.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
KEP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 126.83%, which is quite impressive.
The Revenue has grown by 8.48% in the past year. This is quite good.
Measured over the past years, KEP shows a small growth in Revenue. The Revenue has been growing by 7.79% on average per year.
EPS 1Y (TTM)126.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%132.9%
Revenue 1Y (TTM)8.48%
Revenue growth 3Y14.63%
Revenue growth 5Y7.79%
Sales Q2Q%6.68%
3.2 Future
The Earnings Per Share is expected to grow by 51.61% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.31% on average over the next years.
EPS Next Y178.58%
EPS Next 2Y83.92%
EPS Next 3Y51.61%
EPS Next 5YN/A
Revenue Next Year5.69%
Revenue Next 2Y5.09%
Revenue Next 3Y4.31%
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
The Price/Earnings ratio is 3.77, which indicates a rather cheap valuation of KEP.
KEP's Price/Earnings ratio is rather cheap when compared to the industry. KEP is cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of KEP to the average of the S&P500 Index (29.62), we can say KEP is valued rather cheaply.
A Price/Forward Earnings ratio of 2.10 indicates a rather cheap valuation of KEP.
100.00% of the companies in the same industry are more expensive than KEP, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of KEP to the average of the S&P500 Index (22.70), we can say KEP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.77 | ||
| Fwd PE | 2.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KEP is valued cheaper than 97.37% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KEP is valued cheaper than 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.96 | ||
| EV/EBITDA | 5.95 |
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.
A more expensive valuation may be justified as KEP's earnings are expected to grow with 51.61% in the coming years.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y83.92%
EPS Next 3Y51.61%
5. Dividend
5.1 Amount
No dividends for KEP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.62
-0.07 (-0.91%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners46.5%
Inst Owner Change-89.1%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap9.78B
Analysts85
Price Target9.88 (29.66%)
Short Float %0.12%
Short Ratio3.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend70.6
Dividend Growth(5Y)-40.33%
DP2.32%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-29.57%
Min EPS beat(2)-72.62%
Max EPS beat(2)13.47%
EPS beat(4)2
Avg EPS beat(4)125.61%
Min EPS beat(4)-72.62%
Max EPS beat(4)577.15%
EPS beat(8)4
Avg EPS beat(8)58.59%
EPS beat(12)4
Avg EPS beat(12)21.12%
EPS beat(16)5
Avg EPS beat(16)-27.77%
Revenue beat(2)1
Avg Revenue beat(2)-1.23%
Min Revenue beat(2)-3.28%
Max Revenue beat(2)0.81%
Revenue beat(4)1
Avg Revenue beat(4)-1.16%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)0.81%
Revenue beat(8)4
Avg Revenue beat(8)-0.12%
Revenue beat(12)7
Avg Revenue beat(12)0.54%
Revenue beat(16)9
Avg Revenue beat(16)11.41%
PT rev (1m)-1.88%
PT rev (3m)-1.66%
EPS NQ rev (1m)31.7%
EPS NQ rev (3m)31.7%
EPS NY rev (1m)19.67%
EPS NY rev (3m)19.67%
Revenue NQ rev (1m)0.85%
Revenue NQ rev (3m)1.37%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.77 | ||
| Fwd PE | 2.1 | ||
| P/S | 0.15 | ||
| P/FCF | 15.96 | ||
| P/OCF | 0.94 | ||
| P/B | 0.37 | ||
| P/tB | 0.38 | ||
| EV/EBITDA | 5.95 |
EPS(TTM)2.02
EY26.51%
EPS(NY)3.62
Fwd EY47.54%
FCF(TTM)0.48
FCFY6.26%
OCF(TTM)8.11
OCFY106.46%
SpS50.2
BVpS20.78
TBVpS20.21
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.52% | ||
| ROE | 9.7% | ||
| ROCE | 4.52% | ||
| ROIC | 3.39% | ||
| ROICexc | 3.54% | ||
| ROICexgc | 3.56% | ||
| OM | 8.5% | ||
| PM (TTM) | 4.01% | ||
| GM | 11.87% | ||
| FCFM | 0.95% |
ROA(3y)-4.98%
ROA(5y)-3.03%
ROE(3y)-27.37%
ROE(5y)-16.54%
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
ROICexcg growth 3YN/A
ROICexcg 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 5YN/A
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.48 | ||
| Debt/FCF | 154.35 | ||
| Debt/EBITDA | 4.38 | ||
| Cap/Depr | 101.77% | ||
| Cap/Sales | 15.21% | ||
| Interest Coverage | 1.71 | ||
| Cash Conversion | 68.93% | ||
| Profit Quality | 23.69% | ||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | 0.44 |
F-Score7
WACC3.71%
ROIC/WACC0.91
Cap/Depr(3y)104.7%
Cap/Depr(5y)111.6%
Cap/Sales(3y)18.12%
Cap/Sales(5y)20.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)126.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%132.9%
EPS Next Y178.58%
EPS Next 2Y83.92%
EPS Next 3Y51.61%
EPS Next 5YN/A
Revenue 1Y (TTM)8.48%
Revenue growth 3Y14.63%
Revenue growth 5Y7.79%
Sales Q2Q%6.68%
Revenue Next Year5.69%
Revenue Next 2Y5.09%
Revenue Next 3Y4.31%
Revenue Next 5YN/A
EBIT growth 1Y145.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year479.21%
EBIT Next 3Y87.17%
EBIT Next 5YN/A
FCF growth 1Y103.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y194.5%
OCF growth 3Y-51.29%
OCF growth 5Y-25.65%