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KT Corporation (030200) Fair Value & Analysis

Communication Services · KR · Market cap 12.4T KRW

KC KT Corporation 030200 · KO
Price53,500 KRW
Fair Value102,966 KRW
Upside+92.5%
Quality53/100
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Mixed Growth
Thin margins · 5.5% net margin
Low debt · generates free cash flow
4.65% dividend yield
Ranks above peers (8/12)
Narrow moat 41/100
Evidence: Medium Range 77,527 KRW – 164,365 KRW Share as image

Fair value as of: Jul 16, 2026

From 22 valuation models · updated 22 days ago

Fair value updated Jul 16, 2026, revised from 102,777 KRW to 102,966 KRW (+0.2%) since Jul 6, 2026. Share price −3.6% over the past month.

A solid business, screening 92% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (77,527 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (77,527 KRW to 164,365 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

67,533 KRW 20,094 KRW Fair Value 102,966 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 20,094 KRW – 67,533 KRW · fair‑value band 77,527 KRW – 164,365 KRW · the 53,500 KRW price screens below the 102,966 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

KT Corporation (030200) currently trades at 53,500 KRW, while our model-based Fair Value estimate is 102,966 KRW, implying the stock looks roughly 92.5% undervalued today. We read business quality at 53/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, KT Corporation generated revenue of 28.2T KRW at a net margin of 5.5%. Revenue declined 1.0% year over year. It earns a return on equity of 8.7%. Net debt stands at 7.3T KRW. Fundamentals as of Jul 16, 2026

Our scenario range runs from 77,527 KRW (bear case) to 164,365 KRW (bull case); at 53,500 KRW, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 21% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at 92%, 030200 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 22,445 KRW 38,816 KRW 64,853 KRW 80
Residual Income 65,299 KRW 72,806 KRW 119,792 KRW 76
Rev-Margin DCF 53,496 KRW 97,620 KRW 146,820 KRW 74
All 22 models by family
DCF Models
FCF DCF 20,797 KRW 37,715 KRW 66,178 KRW 38
Owner Earnings 53,130 KRW 83,467 KRW 134,506 KRW 31
5Y Revenue Exit 53,496 KRW 97,385 KRW 155,772 KRW 39
5Y EBITDA Exit 142,979 KRW 252,027 KRW 383,233 KRW 41
5Y P/E Exit 54,688 KRW 99,446 KRW 147,395 KRW 38
10Y Revenue Exit 38,245 KRW 75,654 KRW 120,769 KRW 36
10Y EBITDA Exit 97,684 KRW 181,013 KRW 281,351 KRW 37
10Y P/E Exit 41,864 KRW 77,058 KRW 114,855 KRW 35
Earnings-Based
Graham-Dodd 48,836 KRW 93,535 KRW 116,650 KRW 54
EPV 67,168 KRW 82,545 KRW 96,214 KRW 59
Multiples
P/E Multiple 107,726 KRW 143,634 KRW 179,543 KRW 63
P/S Multiple 91,567 KRW 122,089 KRW 152,612 KRW 58
P/B Multiple 91,567 KRW 122,089 KRW 152,612 KRW 55
EV/EBIT 126,231 KRW 174,964 KRW 223,697 KRW 53
EV/EBITDA 246,022 KRW 334,686 KRW 423,349 KRW 54
EV/Revenue 78,581 KRW 120,816 KRW 163,052 KRW 43
Asset-Based
NCAV (Graham) 36,799 KRW 49,311 KRW 73,598 KRW 50
Growth DCF
Growth DCF 22,445 KRW 38,816 KRW 64,853 KRW 80
Rev-Margin DCF 53,496 KRW 97,620 KRW 146,820 KRW 74
Economic Profit
Residual Income 65,299 KRW 72,806 KRW 119,792 KRW 76
ROIC Compounder 67,168 KRW 84,677 KRW 104,993 KRW 72
Growth Earnings
Growth-Adj P/E 77,408 KRW 110,583 KRW 143,757 KRW 68

Widest divergence: Multiples (122,089 KRW) versus Growth DCF (38,816 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 28.2T KRW
Revenue growth (YoY) -1.0%
Net margin 5.5%
Return on equity 8.7%
Free cash flow 901B KRW FY2025
Operating margin 7.1%
More key figures
Dividend yield 4.4%
EPS growth (YoY) -33.5%
Net debt 7.3T KRW FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 58 · Market factors (momentum, volatility) 46

Profitability 47
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

KT Corporation provides integrated telecommunications and platform services in South Korea, rest of Asia, and internationally.

Full company description

KT Corporation provides integrated telecommunications and platform services in South Korea, rest of Asia, and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and satellite leased line services, as well as broadband Internet connection services. It also provides media and content services, including IPTV, satellite TV, digital music, e-commerce, online advertising consulting, and web comics and novels services; and credit card processing and other financial services. In addition, the company offers information technology and network services, and satellite services; sells handsets and miscellaneous telecommunications equipment; develops and sells residential units and commercial real estate development. Further, it offers telecommunication facility maintenance, investment fund, software development and data processing, value-added network, call center, system integration and maintenance, marketing, PCS distribution, transportation and trucking arrangement business, cloud system implementation, satellite communication network, installation and management, and data center development and related services. Additionally, the company is involved in the residential building development and supply, sports team management, technology business finance, and submarine cable construction and maintenance businesses. The company was formerly known as Korea Telecom Corp. and changed its name to KT Corporation in March 2002. KT Corporation was founded in 1981 and is based in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KT Corporation reported revenue of 28.3T KRW in FY2025 versus 24.9T KRW in FY2021, a compound +3.2%/yr. Reported net income was 1.7T KRW in FY2025, compounding +6.1%/yr from FY2021.

Growth Quality 51/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
28.3T KRW
Latest YoY
+7.1%
Avg. growth/yr (3Y)
+3.3%
Avg. growth/yr (5Y)
+3.4%
Avg. growth/yr (25Y)
+3.0%
Revenue +3.2%/yr
FY21 24.9T KRW
FY22 25.7T KRW
FY23 26.3T KRW
FY24 26.4T KRW
FY25 28.3T KRW
Net income +6.1%/yr
FY21 1.4T KRW
FY22 1.3T KRW
FY23 993B KRW
FY24 460B KRW
FY25 1.7T KRW

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Cite: Fair Value Calculator (2026). "KT Corporation Fair Value". https://www.fairvalue-calculator.com/stock/030200

Peer Group

Telecom Services · 252 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Above median
Fair Value upside +93% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 3% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 7% · Below median
Revenue growth -1% · Below median
Dividend yield (TTM) 4.7% · Above median
Debt / equity 0.47× · Higher than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 0.8× · Cheaper than 75% of peers
PEG 4.24× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 29
FUTURE 0 · sector 15
PAST 35 · sector 28
HEALTH 77 · sector 89
DIVIDEND 93 · sector 73

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is KT Corporation (030200) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 102,966 KRW versus a price of 53,500 KRW, about +92% (undervalued).
What is the fair value of 030200?
Our model-based fair value for KT Corporation is 102,966 KRW (as of Jul 16, 2026), built from audited fundamentals. The current price is 53,500 KRW.
What is the quality score of 030200?
KT Corporation has a Quality Score of 53/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of KT Corporation (030200)?
KT Corporation reported trailing-twelve-month revenue of about 28.2T KRW (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 030200?
The net profit margin of KT Corporation is about 5.5%, meaning it keeps roughly 5.5% of revenue as net income. Based on the latest reported figures.
Does KT Corporation pay a dividend?
KT Corporation currently shows a dividend yield of about 4.44% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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