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 12,609,344 - -
Change - 20.67% -0.76% 25.51% 17.65% -0.57% - -
Enterprise Value (EV) 1 12,590 16,212 15,927 17,571 19,960 19,850 19,106 18,782
Change - 28.77% -1.76% 10.32% 13.6% -0.55% -3.75% -1.69%
P/E 5.32x 6.49x 8.52x 23x 7.39x 8.82x 8.14x 7.48x
PBR 0.48x 0.52x 0.53x 0.68x 0.72x 0.7x 0.67x 0.63x
PEG - -0.69x -0.4x -0.4x 0x -0.5x 0.98x 0.84x
Capitalization / Revenue 0.29x 0.34x 0.33x 0.41x 0.45x 0.45x 0.44x 0.43x
EV / Revenue 0.51x 0.63x 0.6x 0.66x 0.71x 0.71x 0.67x 0.65x
EV / EBITDA 2.38x 3.03x 2.92x 3.75x 3.14x 3.32x 3.14x 3.04x
EV / EBIT 7.53x 9.59x 9.65x 21.7x 8.08x 9.36x 8.35x 7.65x
EV / FCF 6.09x 103x 8.8x 9.04x 9.97x 12.1x 8.56x 9.8x
FCF Yield 16.4% 0.97% 11.4% 11.1% 10% 8.26% 11.7% 10.2%
Dividend per Share 3 1,910 1,960 1,960 2,000 2,400 2,491 2,620 2,773
Rate of return 6.24% 5.8% 5.7% 4.56% 4.56% 4.76% 5.01% 5.3%
EPS 3 5,747 5,205 4,038 1,906 7,114 5,928 6,422 6,990
Distribution rate 33.2% 37.7% 48.5% 105% 33.7% 42% 40.8% 39.7%
Net sales 1 24,898 25,650 26,387 26,431 28,244 27,904 28,477 29,086
EBITDA 1 5,280 5,346 5,460 4,687 6,349 5,979 6,077 6,186
EBIT 1 1,672 1,690 1,650 809.5 2,469 2,121 2,288 2,454
Net income 1 1,357 1,262 1,010 470.3 1,731 1,440 1,566 1,700
Net Debt 1 5,418 7,558 7,339 6,791 7,279 7,240 6,497 6,173
Reference price 3 30,600.00 33,800.00 34,400.00 43,850.00 52,600.00 52,300.00 52,300.00 52,300.00
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.($)
11.4x1.33x4.12x7.03% 225B
9.45x2.42x6.48x6.23% 189B
13.26x2.11x5.56x4.25% 147B
13.24x2.07x5.21x2.35% 81.43B
11.66x0.77x2.89x6.81% 73.22B
11.39x1.67x6.85x3.69% 72.91B
15.78x2.75x8.62x4.99% 58.78B
16.56x5.33x19.34x4.34% 55.24B
17.09x1.88x5.86x4.61% 52.11B
Average 13.31x 2.26x 7.21x 4.92% 106.07B
Weighted average by Cap. 12.35x 2.06x 6.27x 5.36%

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

-40%: Exceptional extension
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