Is the business good?
How good a business is KEP?
Korea Electric Power Corporation earns 10% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
10%
Return on invested capital · cost of capital 9.0% · 1.5 points above what the capital costs: growth creates value
- Operating margin
- 9.1%
Operating margin · Utilities - Regulated Electric median 22% · fiscal year to FY2024
- Cash conversion
- 0.47×
Cash conversion · some of the reported profit has not turned into cash yet
- Share count, year on year
- 0.00%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2019 | −2.9% |
| FY2020 | 7.1% |
| FY2021 | −9.5% |
| FY2022 | −46% |
| FY2023 | −4.9% |
| FY2024 | 9.1% |
Details›
- Gross marginfiscal year to FY2024
- 11%
- Operating marginfiscal year to FY2024
- 9.1%
- Net marginfiscal year to FY2024
- 3.8%
- Free cash flow margin
- 1.8%
- R&D as % of revenue
- 0.84%
- Revenue, trailing twelve months
- $92.58T
- Free cash flow, trailing twelve months
- $1.66T
- Net income, trailing twelve months
- $3.49T
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 10%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Utilities - Regulated Electric
Ranks #7 of 37 by Smart Score