Risk factor
Considerable default risk
Profitability factor
Greatly overvalued vs peers
About
KEPCO Engineering & Construction Company, Inc. (KEPCO E&C) is a leading firm specializing in comprehensive power plant solutions, serving clients both domestically in South Korea and internationally. The company offers end-to-end services, encompassing the full project lifecycle from initial design and engineering through to procurement and construction. KEPCO E&C demonstrates particular expertise in nuclear power, providing specialized architectural engineering and designing nuclear steam supply systems. Furthermore, it manages the complete engineering, procurement, construction, and test-running of new nuclear facilities, and offers critical technological support to optimize the performance and boost the output of operational nuclear power plants. Beyond nuclear energy, KEPCO E&C is actively involved in building thermal power plants and provides services for existing facilities, including fuel conversion, efficiency improvements, and life extension programs. Its capabilities extend to designing combined heat and power (CHP) plants and advanced cycle power plants. The company also participates in the renewable energy sector, along with transmission and distribution network development and substation projects. Addressing environmental challenges, KEPCO E&C delivers solutions for greenhouse gas mitigation and specializes in the engineering and construction of air pollution control systems (such as flue gas desulfurization and DeNOx systems), water and wastewater treatment facilities, wastewater recycling systems, and desalination plants. Established in 1975, the company was originally known as Korea Power Engineering Company, Inc., before officially changing its name to KEPCO Engineering & Construction Company, Inc. in July 2010. Its corporate headquarters are located in Gimcheon, South Korea.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
Target Price
The average target price of 052690.KS is 195802 and suggests 68% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to