Edison International (EIX) vs Korea Electric Power Corporation (KEP)

Edison International and Korea Electric Power Corporation are both Utilities Regulated Electric companies. Edison International is the larger, with a market value of $20.3B against $14.2B — 1.4× the size. Korea Electric Power Corporation trades at the lower P/E: 2.6× against 5.4×. Edison International grew revenue faster over the last twelve months: 10.7% against 5.51%. Edison International has the higher net margin (19.3% vs 8.11%) and the higher return on invested capital (6.48% vs 6.40%). Both pay a dividend; Korea Electric Power Corporation yields more (5.63% vs 4.55%). Across the 22 metrics below, Korea Electric Power Corporation leads on 12 and Edison International on 10.

Valuation

Metric EIX KEP Utilities Regulated Electric median
P/E 5.41 2.56 18.84
P/S 1.04 0.21 2.52
P/B 1.07 0.39 1.63
Price to free cash flow n/m 10.33 36.22
EV/EBITDA 6.35 3.59 11.82
EV/Sales 3.21 0.99 4.58
Earnings yield 18.48% 39.07% 5.30%
Free cash flow yield (1.92%) 9.68% (5.06%)

Profitability

Metric EIX KEP Utilities Regulated Electric median
Gross margin 75.10% 15.38% 66.28%
Operating margin 32.69% 13.48% 21.79%
Net margin 19.28% 8.11% 12.94%
Free cash flow margin (2.00%) 2.02% (11.51%)
Return on equity 20.68% 16.42% 9.75%
Return on assets 4.05% 3.06% 2.75%
Return on invested capital 6.48% 6.40% 3.87%

Growth

Metric EIX KEP Utilities Regulated Electric median
Revenue growth (TTM) 10.74% 5.51% 7.43%
EPS growth (last fiscal year) 248.94% 135.18% —
Revenue growth, 5-year CAGR 7.31% 7.84% 6.75%
Net income growth, 5-year CAGR 43.26% 30.29% 6.44%

Health

Metric EIX KEP Utilities Regulated Electric median
Debt to equity 2.22 1.60 1.53
Current ratio 0.66 0.44 0.81
Net debt to EBITDA 3.84 2.79 5.25

Dividend

Metric EIX KEP Utilities Regulated Electric median
Dividend yield 4.55% 5.63% 4.33%
Payout ratio 1.17 0.00 0.66

Size

Metric EIX KEP Utilities Regulated Electric median
Market cap 20.25b 14.21b 22.90b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack