Company Valuation: KT Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 71,71,900 86,54,243 85,88,458 1,07,79,460 1,26,81,600 1,28,50,441 - -
Change - 20.67% -0.76% 25.51% 17.65% 1.33% - -
Enterprise Value (EV) 1 12,590 16,212 15,927 17,571 19,960 20,156 19,533 18,883
Change - 28.77% -1.76% 10.32% 13.6% 0.98% -3.09% -3.33%
P/E 5.32x 6.49x 8.52x 23x 7.39x 8.94x 8.29x 7.73x
PBR 0.48x 0.52x 0.53x 0.68x 0.72x 0.71x 0.68x 0.64x
PEG - -0.69x -0.4x -0.4x 0x -0.6x 1.05x 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 0.72x 0.69x 0.65x
EV / EBITDA 2.38x 3.03x 2.92x 3.75x 3.14x 3.37x 3.24x 3.08x
EV / EBIT 7.53x 9.59x 9.65x 21.7x 8.08x 9.59x 8.59x 7.81x
EV / FCF 6.09x 103x 8.8x 9.04x 9.97x 11.9x 8.82x 9.32x
FCF Yield 16.4% 0.97% 11.4% 11.1% 10% 8.44% 11.3% 10.7%
Dividend per Share 3 1,910 1,960 1,960 2,000 2,400 2,484 2,614 2,758
Rate of return 6.24% 5.8% 5.7% 4.56% 4.56% 4.66% 4.9% 5.17%
EPS 3 5,747 5,205 4,038 1,906 7,114 5,962 6,433 6,897
Distribution rate 33.2% 37.7% 48.5% 105% 33.7% 41.7% 40.6% 40%
Net sales 1 24,898 25,650 26,387 26,431 28,244 27,821 28,388 28,982
EBITDA 1 5,280 5,346 5,460 4,687 6,349 5,973 6,037 6,137
EBIT 1 1,672 1,690 1,650 809.5 2,469 2,102 2,274 2,417
Net income 1 1,357 1,262 1,010 470.3 1,731 1,451 1,568 1,679
Net Debt 1 5,418 7,558 7,339 6,791 7,279 7,306 6,683 6,032
Reference price 3 30,600.00 33,800.00 34,400.00 43,850.00 52,600.00 53,300.00 53,300.00 53,300.00
Nbr of stocks (in thousands) 2,34,376 2,56,043 2,49,664 2,45,826 2,41,095 2,41,096 - -
Announcement Date 09/02/22 09/02/23 07/02/24 13/02/25 10/02/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.44x1.35x4.34x6.76% 23TCr
10.36x2.5x6.61x6% 20TCr
14.01x2.18x5.65x3.88% 16TCr
12.66x1.83x7.95x3.4% 8.18TCr
11.6x0.87x3.24x6.77% 7.9TCr
11.76x1.89x4.78x2.7% 7.15TCr
15.33x2.72x8.54x5.09% 5.77TCr
23.14x5.21x18.5x4.65% 5.49TCr
13.23x1.78x5.46x4.79% 5.06TCr
Average 13.73x 2.26x 7.23x 4.89% 10.91TCr
Weighted average by Cap. 12.76x 2.08x 6.35x 5.24%

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