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Korea Electric Power Industrial Development Co (130660) Fair Value & Analysis

Utilities · KR · Market cap 338B KRW

KE Korea Electric Power Industrial Development Co 130660 · KO
Price11,780 KRW
Fair Value2,117 KRW
Upside-82.0%
Quality51/100
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Expensive Growth
Thin margins · 0.9% net margin
Low debt · negative free cash flow
3.67% dividend yield
Mixed vs. peers (4/9)
Narrow moat 26/100
Evidence: Medium Range 1,588 KRW – 2,503 KRW Share as image

Fair value as of: Jul 22, 2026

From 14 valuation models · updated 19 days ago

Share price +3.1% over the past month.

A solid business, but screening 82% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,503 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

25,650 KRW 3,844 KRW Fair Value 2,117 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 3,844 KRW – 25,650 KRW · fair‑value band 1,588 KRW – 2,503 KRW · the 11,780 KRW price screens above the 2,117 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Korea Electric Power Industrial Development Co (130660) currently trades at 11,780 KRW, while our model-based Fair Value estimate is 2,117 KRW, implying the stock looks roughly 82.0% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Korea Electric Power Industrial Development Co generated revenue of 412B KRW at a net margin of 0.9%. Revenue grew 18.8% year over year. It earns a return on equity of 3.5%. Net debt stands at 1.5B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,588 KRW (bear case) to 2,503 KRW (bull case); at 11,780 KRW, the current price sits above 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 58% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at -82%, 130660 screens richer 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (448.35 KRW to 4,295 KRW). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 2,393 KRW 2,381 KRW 2,179 KRW 76
ROIC Compounder 1,038 KRW 1,156 KRW 1,261 KRW 72
Growth-Adj P/E 1,272 KRW 1,817 KRW 2,362 KRW 68
All 14 models by family
DCF Models
Owner Earnings 3,050 KRW 4,295 KRW 6,149 KRW 31
Earnings-Based
Graham-Dodd 846.88 KRW 1,912 KRW 2,447 KRW 54
PEG = 1.0 313.84 KRW 448.35 KRW 582.85 KRW 46
EPV 1,038 KRW 1,156 KRW 1,261 KRW 59
Multiples
P/E Multiple 1,681 KRW 2,242 KRW 2,802 KRW 63
P/S Multiple 1,588 KRW 2,117 KRW 2,646 KRW 58
P/B Multiple 1,588 KRW 2,117 KRW 2,646 KRW 55
EV/EBIT 1,876 KRW 2,379 KRW 2,881 KRW 53
EV/EBITDA 2,652 KRW 3,414 KRW 4,175 KRW 54
EV/Revenue 1,587 KRW 2,110 KRW 2,633 KRW 43
Asset-Based
NCAV (Graham) 1,584 KRW 2,122 KRW 3,167 KRW 50
Economic Profit
Residual Income 2,393 KRW 2,381 KRW 2,179 KRW 76
ROIC Compounder 1,038 KRW 1,156 KRW 1,261 KRW 72
Growth Earnings
Growth-Adj P/E 1,272 KRW 1,817 KRW 2,362 KRW 68

Widest divergence: DCF Models (4,295 KRW) versus Earnings-Based (1,156 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 412B KRW
Revenue growth (YoY) +18.8%
Net margin 0.9%
Return on equity 3.5%
Free cash flow −9.8B KRW FY2025
Operating margin 5.9%
More key figures
Dividend yield 3.7%
EPS growth (YoY) -8.3%
Net debt 1.5B KRW FY2018

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 50 · Market factors (momentum, volatility) 23

Profitability 40
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 27
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 82
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

Korea Electric Power Industrial Development Co., Ltd. engages in the operation and maintenance of thermal power generation facilities, metering, and renewable energy businesses in South Korea. The company also engages in the mining development, coal terminal O&M, building management, and solar power business.

Full company description

Korea Electric Power Industrial Development Co., Ltd. engages in the operation and maintenance of thermal power generation facilities, metering, and renewable energy businesses in South Korea. The company also engages in the mining development, coal terminal O&M, building management, and solar power business. In addition, it operates energy power generation plants. The company was formerly known as Hansung Global Industry Co., Ltd. and changed its name to Korea Electric Power Industrial Development Co., Ltd. in February 1996. Korea Electric Power Industrial Development Co., Ltd. was founded in 1990 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Korea Electric Power Industrial Development Co reported revenue of 395B KRW in FY2025 versus 321B KRW in FY2021, a compound +5.3%/yr. Reported net income was 4.1B KRW in FY2025, compounding −17.1%/yr from FY2021.

Growth Quality 34/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
395B KRW
Latest YoY
+7.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.7%
Avg. growth/yr (15Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.2%
Revenue +5.3%/yr
FY21 321B KRW
FY22 346B KRW
FY23 363B KRW
FY24 368B KRW
FY25 395B KRW
Net income −17.1%/yr
FY21 8.6B KRW
FY22 16.3B KRW
FY23 15.5B KRW
FY24 11.6B KRW
FY25 4.1B KRW

130660 screens 82% overvalued. Compare with NextEra Energy, Inc →

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Cite: Fair Value Calculator (2026). "Korea Electric Power Industrial Development Co Fair Value". https://www.fairvalue-calculator.com/stock/130660

Peer Group

Utilities - Regulated Electric · 154 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 51 · Above median
Fair Value upside −82% · Bottom 25%
Return on equity (TTM) 3% · Bottom 25%
Return on assets 2% · Bottom 25%
Net margin (TTM) 1% · Bottom 25%
Operating margin (TTM) 6% · Bottom 25%
Revenue growth 19% · Top 25%
Dividend yield (TTM) 3.7% · Above median
Debt / equity 0.07× · Lower 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 0 · sector 7
FUTURE 94 · sector 32
PAST 14 · sector 39
HEALTH 96 · sector 54
DIVIDEND 73 · sector 56

VALUE 0: the price sits above our fair-value range.

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 Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $88.80 $32.94 -63%
The Southern Company SO $95.61 $61.06 -36%
Duke Energy Corporation DUK $126.11 $97.11 -23%
National Grid plc NGG 61,175 ARS 44,377 ARS -27%
American Electric Power Company AEP $132.50 $79.33 -40%
Dominion Energy, Inc D $70.08 $46.92 -33%
NTPC Limited NTPC ₹341.85 ₹377.16 +10%
CEZ, a. s. CEZ 232.40 PLN 159.33 PLN -31%
Power Grid Corporation POWERGRID ₹283.55 ₹252.77 -11%
China National Nuclear Power Co 601985 ¥8.91 ¥7.69 -14%

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Frequently asked questions

Is Korea Electric Power Industrial Development Co (130660) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 2,117 KRW versus a price of 11,780 KRW, about −82% (overvalued).
What is the fair value of 130660?
Our model-based fair value for Korea Electric Power Industrial Development Co is 2,117 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 11,780 KRW.
What is the quality score of 130660?
Korea Electric Power Industrial Development Co has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Korea Electric Power Industrial Development Co (130660)?
Korea Electric Power Industrial Development Co reported trailing-twelve-month revenue of about 412B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 130660?
The net profit margin of Korea Electric Power Industrial Development Co is about 0.9%, meaning it keeps roughly 0.9% of revenue as net income. Based on the latest reported figures.
Does Korea Electric Power Industrial Development Co pay a dividend?
Korea Electric Power Industrial Development Co currently shows a dividend yield of about 2.99% relative to its recent price (as of Jul 22, 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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