Company Valuation: KT Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,171,900 8,654,243 8,588,458 10,779,460 12,681,600 12,633,454 - -
Change - 20.67% -0.76% 25.51% 17.65% -0.38% - -
Enterprise Value (EV) 1 12,590 16,212 15,927 17,571 19,960 20,119 19,476 18,927
Change - 28.77% -1.76% 10.32% 13.6% 0.79% -3.19% -2.82%
P/E 5.32x 6.49x 8.52x 23x 7.39x 8.81x 8.06x 7.53x
PBR 0.48x 0.52x 0.53x 0.68x 0.72x 0.69x 0.66x 0.63x
PEG - -0.69x -0.4x -0.4x 0x -0.5x 0.88x 1.05x
Capitalization / Revenue 0.29x 0.34x 0.33x 0.41x 0.45x 0.46x 0.45x 0.44x
EV / Revenue 0.51x 0.63x 0.6x 0.66x 0.71x 0.73x 0.69x 0.66x
EV / EBITDA 2.38x 3.03x 2.92x 3.75x 3.14x 3.38x 3.23x 3.09x
EV / EBIT 7.53x 9.59x 9.65x 21.7x 8.08x 9.26x 8.54x 7.81x
EV / FCF 6.09x 103x 8.8x 9.04x 9.97x 8.31x 7.02x 7.3x
FCF Yield 16.4% 0.97% 11.4% 11.1% 10% 12% 14.2% 13.7%
Dividend per Share 3 1,910 1,960 1,960 2,000 2,400 2,490 2,614 2,758
Rate of return 6.24% 5.8% 5.7% 4.56% 4.56% 4.75% 4.99% 5.26%
EPS 3 5,747 5,205 4,038 1,906 7,114 5,950 6,497 6,962
Distribution rate 33.2% 37.7% 48.5% 105% 33.7% 41.9% 40.2% 39.6%
Net sales 1 24,898 25,650 26,387 26,431 28,244 27,538 28,217 28,825
EBITDA 1 5,280 5,346 5,460 4,687 6,349 5,955 6,032 6,133
EBIT 1 1,672 1,690 1,650 809.5 2,469 2,173 2,281 2,425
Net income 1 1,357 1,262 1,010 470.3 1,731 1,486 1,572 1,680
Net Debt 1 5,418 7,558 7,339 6,791 7,279 7,485 6,843 6,293
Reference price 3 30,600.00 33,800.00 34,400.00 43,850.00 52,600.00 52,400.00 52,400.00 52,400.00
Nbr of stocks (in thousands) 234,376 256,043 249,664 245,826 241,095 241,096 - -
Announcement Date 2/9/22 2/9/23 2/7/24 2/13/25 2/10/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.67x1.37x4.31x6.78% 232B
10.89x2.57x6.79x5.71% 205B
13.96x2.23x5.74x3.9% 162B
13.06x0.93x3.43x5.8% 82.9B
13.22x1.79x7.66x3.2% 85.07B
11.96x1.82x4.59x2.74% 71.52B
15.51x2.71x8.47x5% 58.69B
23.62x5.34x19.53x4.54% 56.57B
15.78x2.78x6.22x4.4% 51.05B
Average 14.41x 2.39x 7.42x 4.67% 111.75B
Weighted average by Cap. 13.25x 2.16x 6.48x 5.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield