Korea Electric Power

KEP

Market cap $25.2B

Korea Electric Power Corporation (KEP) Q4 2025 Earnings Call Transcript

Here is how Korea Electric Power (KEP) and Pinnacle West (PNW) have performed compared to their sector so far this year.

Investors with an interest in Utility - Electric Power stocks have likely encountered both Korea Electric Power (KEP) and WEC Energy Group (WEC). But which of these two stocks presents investors with the better value opportunity right now?

Every new year brings the same ritual. Investors clean the slate, dust off their watchlists, and go hunting for what the market has mispriced.

I maintain a "Buy" rating for Korea Electric Power after analyzing its outlook pertaining to earnings and dividends. KEP's future profitability should benefit from lower energy prices and a growing nuclear generation mix, despite stagnant utility rates for 1Q26. KEP's payout ratios are expected to increase, considering its reduced financial leverage and pressure on Korea's state-owned entities to distribute more cash.

Korea Electric Power Corporation has surged approximately 120% year-to-date, which is entirely in line with its nuclear energy focus at a time of bullishness on the sector. The company's nuclear energy expansion into international territories sounds particularly encouraging, spanning from workforce training to building power plants. Despite its price increase, the stock's P/E is still low, which is hard to find these days in the sector.

Korea Electric Power remains a "Buy," after considering a U.S. nuclear joint venture reported in the media and the anticipated electricity price increases. KEP's potential entry into a partnership with a U.S. company could help to grow its exposure to the nuclear power investment theme. Recent legislation changes and the president's comments increase the likelihood of tariff hikes, which could narrow the national service-related valuation discount for the stock.

Korea Electric Power Corporation (NYSE:KEP ) Q2 2025 Earnings Conference Call August 12, 2025 2:00 AM ET Company Participants Siyung Yang - General Manager of the Finance & IR Team Taeseop Eom - Corporate Participant Conference Call Participants Jae-Hyun Ryu - Mirae Asset Securities Co., Ltd., Research Division Jong Hwa Sung - LS Securities Co., Ltd.

As of June 25, 2025, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

As of June 2, 2025, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.