Korea Electric Power Corporation KEP

11.01 0.16 1.47% as of 25 Sep
Market cap
$14.2B
P/E
2.6×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.31%

Capital & Financial Ratios

Market Cap 14,210.00
Revenue 67,697.57
Net Income 5,547.59
Free Cash Flow 1,368.19
Net Debt 52,882.21
Current Ratio 0.44
Debt/Equity 1.60
P/E ratio 2.56
P/S ratio 0.21
P/B ratio 0.39
Past 5Y EPS Growth (25.31%)
This Y EPS Growth (44.31%)
Next Y EPS Growth 47.70%
Next 5Y EPS Growth (0.74%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate 0.54
Annual Dividend Yield 5.63%
total individual payouts
2024 0.07
0.07
2020 0.54
0.54
2019 Powerpack
2018 Powerpack
2017 0.37
0.37
2016 1.73
0.86
0.86
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 5,960 4,114 4,544 5,032
Receivables 9,644 8,606 8,897 8,555
Inventory 7,100 6,838 7,107 7,798
Other 887 888 953 1,253
23,629 20,479 21,501 22,638
2023 2024 2025 Q'26
Payables 7,272 6,588 6,035 7,046
ST’ Debt — — — —
Other 8,429 6,385 7,683 7,715
48,999 44,778 46,975 51,093
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 2.45% 7.84% 11.03%
Cash Flow (0.42%) 6.70% 0.00%
Earnings (6.69%) 30.29% 0.00%
Book Value (5.56%) (9.39%) 5.50%

Revenue

Mar Jun Sep Dec Year
’26 17,079 15,343 — — —
’25 16,957 15,365 19,301 15,975 67,597
’24 18,634 14,332 18,272 13,567 64,805
’23 17,275 15,698 19,576 17,432 69,981
’22 13,171 12,422 13,841 9,947 49,382
’21 13,568 12,167 14,816 13,371 53,922
’20 12,075 10,458 12,569 11,239 46,341
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 5,115 867 — — —
’25 4,727 3,215 4,229 2,444 14,616
’24 4,986 638 3,385 2,105 11,113
’23 (2,760) (1,089) 3,340 1,727 1,218
’22 (2,802) (4,997) (1,762) (6,873) (16,434)
’21 4,117 719 1,240 (2,050) 4,026
’20 3,235 1,438 3,577 2,317 10,567
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 2,210 (2,884) — — —
’25 2,114 (365) 2,257 (216) 3,790
’24 2,098 (1,469) 1,355 (605) 1,380
’23 (5,469) (4,087) 999 (1,164) (9,721)
’22 (4,887) (7,493) (3,168) (9,144) (24,692)
’21 1,838 (3,020) (1,014) (5,031) (7,227)
’20 887 (1,640) 1,540 (667) 120
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.33 0.15 — — —
’25 1.25 0.63 2.11 0.71 4.68
’24 0.33 0.04 1.06 0.57 1.99
’23 (3.02) (1.19) 0.47 0.73 (2.88)
’22 (3.85) (3.01) (3.44) (3.41) (14.75)
’21 0.06 (0.48) (0.73) (2.41) (3.61)
’20 0.01 0.10 0.77 0.39 1.32
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
18.40 16.51 10.52 9.90 6.28 8.66 5.76 5.93 6.69 6.68

Analyst estimates 2026–2028

Powerpack
Low Price
28.37 21.59 17.87 15.78 12.98 12.40 10.18 8.42 9.55 18.29
High Price
43,688 45,232 46,377 47,452 48,519 48,809 49,237 48,696 48,440 48,650
Employees
1 1 1 1 1 1 1 1 1 1
Revenue/Emp
53,787 53,402 54,630 46,854 46,341 53,922 49,382 69,981 64,805 67,597
Revenue
23.78% 12.20% 3.04% 1.35% 10.57% (6.08%) (43.03%) (2.54%) 11.47% 16.43%
Gross Margin
9,462 3,253 (1,821) (2,613) 2,393 (6,377) (23,691) (6,043) 3,680 8,111
EBT
17.59% 6.09% (3.33%) (5.58%) 5.16% (11.83%) (47.97%) (8.64%) 5.68% 12.00%
EBT Margin
6,433 1,297 (1,069) (1,811) 1,674 (4,706) (17,100) (3,773) 2,535 6,067
Net Income
8,065 8,796 9,123 8,903 9,238 10,744 8,723 10,426 9,798 9,652
Depreciation
41.89 41.59 42.55 36.49 36.09 42.00 38.46 54.51 50.47 52.65
Revenue/Sh
4.72 0.95 (0.93) (1.46) 1.32 (3.61) (14.75) (2.88) 1.99 4.68
Earnings/Sh
11.58 7.89 4.73 5.12 8.23 3.14 (12.80) 0.95 8.66 11.38
Cash Flow/Sh
(8.37) (8.83) (8.61) (8.54) (8.14) (8.76) (6.43) (8.52) (7.58) (8.43)
Capex/Sh
3.21 (0.94) (3.87) (3.42) 0.09 (5.63) (19.23) (7.57) 1.07 2.95
Free CF/Sh
51.21 51.15 50.39 42.92 44.03 45.78 22.90 23.22 22.55 26.89
Book Value/Sh
1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284
Shares
3.87 18.85 0.00 0.00 9.66 0.00 0.00 0.00 3.44 3.51
PE Ratio
0.44 0.43 0.35 0.32 0.34 0.22 0.20 0.13 0.14 0.31
PS Ratio
0.36 0.35 0.29 0.28 0.28 0.20 0.34 0.31 0.31 0.61
PB Ratio
1.10 1.13 1.17 1.28 1.28 1.25 1.49 0.17 1.03 1.12
EV/Sales
14.36 (49.95) (12.90) (13.62) 496.63 (9.35) (2.98) (1.25) 48.24 19.90
EV/FCF
14,869 10,125 6,079 6,571 10,567 4,026 (16,434) 1,218 11,113 14,616
Op' Cash Flow
(10,750) (11,334) (11,050) (10,959) (10,447) (11,253) (8,258) (10,939) (9,733) (10,826)
Capex
4,118 (1,209) (4,971) (4,389) 120 (7,227) (24,692) (9,721) 1,380 3,790
FCF
(4,528) (3,854) (1,908) (3,799) (4,255) (8,713) (10,338) (25,370) (24,300) (25,474)
Working Cap'
40,352 41,383 48,562 47,292 47,492 59,913 68,834 8,957 61,847 58,797
Total Debt
35,201 37,488 45,178 44,575 43,628 55,860 63,569 2,997 57,732 54,253
Net Debt
65,745 65,668 64,694 55,112 56,533 58,781 29,400 29,812 28,954 34,526
Sh' Equity
3.99% 0.72% (0.72%) (1.15%) 0.99% (2.71%) (9.67%) (2.17%) 1.34% 3.41%
ROA
6.85% 2.90% (0.35%) (0.86%) 2.05% (2.81%) (15.17%) (6.47%) 4.27% 6.90%
ROIC
10.00% 1.78% (1.84%) (3.13%) 2.85% (8.30%) (38.84%) (13.03%) 8.32% 18.85%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Korea Electric Power Corporation peers in Utilities Regulated Electric

All 40 Utilities Regulated Electric stocks →

Korea Electric Power Corporation (KEP) key facts

  • Korea Electric Power Corporation (KEP) is an Utilities Regulated Electric company in the Utilities sector, traded in the US as an ADR.
  • Korea Electric Power Corporation’s revenue for fiscal 2025 (year ended December 2025) was KRW 67.6 billion, up 4.31% from fiscal 2024.
  • As of September 25, 2026, KEP traded at $11.01, a market capitalization of $14.2 billion.
  • Korea Electric Power Corporation pays an annual dividend of $0.54 per share, a yield of 5.63%.
  • Return on equity was 18.9% and debt-to-equity 1.60.

Source: company filings (standardised) and stockrow calculations.

Korea Electric Power Corporation (KEP) Latest News

News by impact score

Fine-tune

14 Sep

4

A $18.7 billion power proposal has triggered declines in Samsung stock by spotlighting steep AI infrastructure expenses, directly involving Korea Electric Power Corporation as a central supplier. KEP is positioned to secure major contracts supplying power for AI data centers under the $18.7 billion proposal.

12 Aug

3 transcript

Korea Electric Power reported Q2 results with focus on revenue, operating costs, and power demand trends amid regulatory and fuel price pressures. Q2 earnings figures and outlook statements can move near-term investor views but rarely shift long-term fundamentals.

24 Jul

3

Trump's Saudi nuclear deal has triggered watchdog scrutiny of a settlement tied to Korea Electric Power Corporation nuclear activities. Watchdog review of the nuclear settlement introduces regulatory uncertainty that may affect Korea Electric Power Corporation operations.

20 Mar

4

Korea Electric Power Corporation (KEP) launches Smart Electric Life initiative alongside robust FY2025 earnings outlook. Smart Electric Life launch combined with robust FY2025 earnings signals major strategic advancement and financial strength for KEP.

15 Mar

4

US government moves to fund nuclear fuel projects in Japan and South Korea to strengthen energy security, directly involving Korea Electric Power Corporation (KEP) in advanced nuclear fuel development. US funding targets Korean nuclear fuel projects, providing significant strategic and financial support to KEP's core nuclear operations.

11 Mar

4

Korea Electric Power Corporation reported Q4 earnings with revenue of 18.43 trillion won, down from 20.53 trillion won last year; net loss narrowed to 5.47 trillion won from 6.88 trillion won. Q4 earnings snapshot reveals key financial metrics like revenue decline and reduced net loss, directly impacting KEP's valuation and investor outlook.

13 Feb

3

Korea Electric Power Corporation (KEP) is highlighted as one of three undervalued old economy stocks to consider for investment. The article emphasizes KEP's potential for growth due to its stable dividend yield and the increasing demand for electricity in South Korea. Analysts suggest that KEP's current stock price does not reflect its underlying value, making it an attractive option for investors looking for long-term gains in the energy sector. KEP's undervaluation and stable dividend yield may moderately influence its financial performance and market sentiment.

11 Feb

3

Korea Electric Power Corporation (KEP) and WEC Energy Group (WEC) are compared in terms of stock value. The analysis focuses on financial metrics, market performance, and growth potential. KEP faces challenges such as regulatory pressures and fluctuating energy prices, while WEC shows stability and consistent dividends. Investors are encouraged to consider these factors when evaluating which stock presents a better value option. KEP's challenges and market conditions may moderately influence its financial performance and competitive positioning.

13 Jan

4

Korea Electric Power Corporation (KEP) has secured a new geothermal energy deal to meet the rising demand for AI data centers. This strategic move aims to enhance KEP's energy portfolio and support the growing energy needs of the tech industry, particularly in AI applications. The partnership is expected to bolster KEP's position in the renewable energy sector and contribute to sustainable energy solutions. The geothermal deal represents a significant strategic move that could enhance KEP's competitive positioning in the renewable energy market.

7 Jan

4

Korea Electric Power Corporation (KEPCO) showcased its innovative power technologies at CES 2026, aiming to expand its presence in the global market. The company highlighted advancements in renewable energy solutions, smart grid technologies, and energy storage systems, positioning itself as a leader in the transition to sustainable energy. KEPCO's participation at the event underscores its commitment to addressing global energy challenges and enhancing its competitive edge internationally. KEPCO's strategic focus on innovative technologies and global market expansion is likely to significantly impact its future performance and investor sentiment.

6 Nov

3

AES Corporation has received an upgrade in its Relative Strength Rating, indicating improved performance relative to other stocks. This upgrade may positively influence investor sentiment and market perception of AES, which could indirectly affect Korea Electric Power Corporation (KEP) due to their interconnected operations in the energy sector. The upgrade in AES's rating may moderately influence market sentiment and competitive positioning within the energy sector.

21 Oct

3

Korea Electric Power Corporation (KEP) is navigating a challenging market environment characterized by fluctuating energy prices and regulatory pressures. Recent discussions highlight the company's efforts to adapt to these changes, including potential strategic initiatives aimed at enhancing operational efficiency and sustainability. Analysts are closely monitoring KEP's responses to market dynamics, which could influence its financial performance and competitive positioning in the energy sector. Market dynamics and regulatory pressures are expected to moderately influence KEP's financial performance and competitive positioning.

16 Sep

3

Korea Electric Power Corporation (KEP) reported its Q2 earnings, revealing a decline in net profit due to increased fuel costs and lower electricity sales. The company's revenue showed a slight increase, but operational challenges, including rising global energy prices, have pressured margins. KEP is focusing on improving efficiency and exploring renewable energy investments to mitigate these challenges. Analysts are closely monitoring the company's strategic responses to the evolving energy market and regulatory environment. Rising fuel costs and operational challenges are expected to moderately influence KEP's financial performance and market positioning.

26 Aug

4

ACWA Power, SEC, and Korea Electric Power Corporation (KEPCO) have finalized agreements for three power projects in Saudi Arabia, totaling 3.6GW. These projects are part of Saudi Arabia's efforts to diversify its energy sources and enhance its electricity generation capacity. The collaboration marks a significant step for KEPCO in expanding its international footprint and participating in large-scale renewable energy initiatives in the region. The agreements represent a significant strategic move for KEPCO, enhancing its position in the growing Saudi energy market.

20 Aug

4

Masdar and its partners have achieved financial close for a 2GW solar project in South Korea, marking a significant step in renewable energy development. The project aims to enhance the region's clean energy capacity and aligns with global sustainability goals. This initiative is expected to contribute to the local economy and create job opportunities while supporting South Korea's transition to renewable energy sources. The solar project represents a major strategic move towards renewable energy, which could significantly influence KEP's market positioning and investor sentiment.

18 Aug

4

South Korea's nuclear power sector has surpassed growth targets, with the Korea Electric Power Corporation (KEP) playing a pivotal role in this expansion. The government aims to increase the share of nuclear energy in the national power mix, reflecting a strategic shift towards more sustainable energy sources. KEP's advancements in nuclear technology and infrastructure are expected to bolster its market position and contribute to the country's energy security. This growth aligns with global trends favoring nuclear energy as a cleaner alternative to fossil fuels. The significant growth in nuclear power and KEP's role in it is likely to impact the company's future performance and market positioning.

31 Jul

4

Korea Electric Power Corporation (KEP) is accelerating its expansion into offshore wind energy, aiming to enhance its renewable energy portfolio and reduce reliance on fossil fuels. The company plans to invest significantly in offshore wind projects, aligning with South Korea's broader energy transition goals. This initiative is expected to position KEP as a leader in the renewable energy sector, contributing to the country's commitment to achieving carbon neutrality by 2050. The expansion into offshore wind energy represents a major strategic move that could significantly alter KEP's trajectory and investor sentiment.

25 Jul

4

Korea Electric Power Corporation (KEP) has launched the world’s first superconducting power grid, a groundbreaking development aimed at enhancing energy efficiency and reliability. This innovative grid technology allows for the transmission of electricity with minimal energy loss, potentially revolutionizing power distribution. The project is expected to significantly reduce operational costs and improve the overall performance of the electricity supply system in South Korea. KEP's initiative positions the company at the forefront of energy technology, aligning with global trends towards sustainable and efficient energy solutions. The launch of the superconducting power grid is a major strategic move that could significantly alter KEP's competitive position and market dynamics.

16 Jul

3

Korea Electric Power Corporation (KEP) is navigating a challenging market environment characterized by fluctuating energy prices and regulatory pressures. The company is focusing on enhancing its operational efficiency and exploring renewable energy investments to adapt to changing market dynamics. Analysts are closely monitoring KEP's strategic initiatives and their potential impact on the company's financial performance and competitive positioning in the energy sector. KEP's strategic initiatives in response to market challenges are expected to moderately influence its financial performance and competitive positioning.

15 Jul

4

Korea Electric Power Corporation (KEP) signed a memorandum of understanding with LS Cable & System and LS Electric to develop the world's first superconducting power grid for data centers. This innovative grid aims to transmit large-capacity power efficiently, reducing the need for new substations and enhancing energy efficiency. KEP will manage technical verification and regulatory coordination, while LS Cable will produce superconducting cables and LS Electric will supply related equipment. The project could significantly impact the power infrastructure industry and has contributed to KEP's stock performance, which has risen over 100% in 2025. The superconducting power grid initiative represents a major strategic move that could significantly alter KEP's competitive position and market dynamics.

3

Korea Electric Power Corporation (KEP) is navigating a challenging market environment characterized by fluctuating energy prices and regulatory pressures. Recent discussions highlight the company's efforts to adapt to these changes, including potential shifts in energy sourcing and investment strategies. Analysts are closely monitoring KEP's financial performance and strategic initiatives as they assess the company's resilience and future growth prospects amidst evolving market dynamics. KEP is facing notable market challenges that may moderately influence its financial performance and strategic positioning.

17 Jan

4

Westinghouse Electric Company has reached a settlement with Korea Electric Power Corporation (KEPCO) and its subsidiary Korea Hydro & Nuclear Power (KHNP) regarding a nuclear intellectual property dispute. The agreement resolves ongoing legal issues and allows both parties to move forward in their respective operations without further litigation. This settlement is expected to enhance collaboration between Westinghouse and KEPCO, potentially benefiting future projects in the nuclear energy sector. The settlement is likely to significantly improve KEPCO's strategic positioning and operational capabilities in the nuclear energy market.

16 Jan

4

Korea Electric Power Corporation (KEP) has reached an agreement with US-based Westinghouse Electric Company to resolve a dispute related to the construction of nuclear power plants. This settlement is expected to enhance KEP's operational stability and strengthen its partnership with Westinghouse, which is crucial for KEP's nuclear energy projects. The resolution comes amid ongoing efforts to expand South Korea's nuclear energy capabilities and improve energy security. The agreement is likely to significantly impact KEP's future operations and market positioning in the nuclear energy sector.

11 Dec

4

Korea Electric Power Corporation (KEP) reports strong financial rebound. The strong financial rebound is likely to have a significant impact on KEP's future performance and market sentiment.

30 Nov

4

Korea Electric Power Corporation (KEP) secures major power deals in Saudi Arabia. The significant impact of securing major power deals in Saudi Arabia is expected to alter KEP's trajectory and investor sentiment.

14 Nov

4

KEPCO's revenue surged in Q3, highlighting strong performance. The significant revenue surge in Q3 is likely to have a major impact on KEPCO's future trajectory and investor sentiment.

22 Sep

4

Korea Electric Power Corp. shares plunge after refraining from raising power prices, threatening financial strain at the utility. Kepco's decision to freeze fuel adjustment prices could have a significant impact on its future financial performance and market sentiment.

10 Sep

4

Korea Electric Power Corp. seeks closer ties with the US to sell more atomic power stations overseas amid a legal dispute with Westinghouse Electric Co. and financial challenges. The article highlights significant strategic moves and challenges that could fundamentally alter KEP's trajectory and market performance.

12 May

4

KEPCO in talks with British government to build nuclear power station off the coast of Wales. Potential construction of a nuclear power station in the UK could significantly impact KEPCO's future and market performance.

21 Feb

4

Kelp DAO introduces KEP token for EigenLayer points, making them liquid for trading. Introduction of KEP token could significantly impact KEP's future and market performance by increasing liquidity and potential for DeFi participation.

stockrow.com/KEP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com