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 12,705,783 - -
Change - 20.67% -0.76% 25.51% 17.65% 0.19% - -
Enterprise Value (EV) 1 12,590 16,212 15,927 17,571 19,960 20,618 19,498 18,913
Change - 28.77% -1.76% 10.32% 13.6% 3.3% -5.44% -3%
P/E 5.32x 6.49x 8.52x 23x 7.39x 8.9x 8.17x 7.63x
PBR 0.48x 0.52x 0.53x 0.68x 0.72x 0.71x 0.67x 0.63x
PEG - -0.69x -0.4x -0.4x 0x -0.5x 0.92x 1.07x
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 0.74x 0.69x 0.65x
EV / EBITDA 2.38x 3.03x 2.92x 3.75x 3.14x 3.4x 3.23x 3.09x
EV / EBIT 7.53x 9.59x 9.65x 21.7x 8.08x 9.42x 8.58x 7.83x
EV / FCF 6.09x 103x 8.8x 9.04x 9.97x 14.1x 8.81x 9.27x
FCF Yield 16.4% 0.97% 11.4% 11.1% 10% 7.11% 11.4% 10.8%
Dividend per Share 3 1,910 1,960 1,960 2,000 2,400 2,490 2,615 2,758
Rate of return 6.24% 5.8% 5.7% 4.56% 4.56% 4.72% 4.96% 5.23%
EPS 3 5,747 5,205 4,038 1,906 7,114 5,921 6,447 6,907
Distribution rate 33.2% 37.7% 48.5% 105% 33.7% 42.1% 40.6% 39.9%
Net sales 1 24,898 25,650 26,387 26,431 28,244 27,692 28,312 28,887
EBITDA 1 5,280 5,346 5,460 4,687 6,349 6,058 6,028 6,124
EBIT 1 1,672 1,690 1,650 809.5 2,469 2,188 2,273 2,416
Net income 1 1,357 1,262 1,010 470.3 1,731 1,487 1,559 1,668
Net Debt 1 5,418 7,558 7,339 6,791 7,279 7,912 6,792 6,207
Reference price 3 30,600.00 33,800.00 34,400.00 43,850.00 52,600.00 52,700.00 52,700.00 52,700.00
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.41x1.35x4.18x6.78% 229B
10.41x2.5x6.62x5.97% 196B
13.78x2.17x5.62x3.95% 158B
12.74x1.8x7.71x3.32% 81.75B
11.77x0.89x3.33x6.67% 80.79B
11.51x1.86x4.71x2.76% 70.11B
15.14x2.65x8.28x5.07% 57.85B
23.2x5.22x18.54x4.64% 54.96B
12.39x1.77x5.4x4.89% 49.48B
Average 13.59x 2.25x 7.15x 4.89% 108.75B
Weighted average by Cap. 12.67x 2.07x 6.27x 5.26%

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