Korea Electric Power Corp (ADR) (NYSE:KEP)

too bad earnings

KEP is an undervalued company. It's in a relatively safe market, in a growing economy, and in a monopolistic position. Yesterday's absurd price decline due to the North Korea and South Korea tensions make this baby a favorite of mine because it was beaten down even more irrationally... Some say the North Korean leader is irrational, but so are the people who sold this stock yesterday over it.

The Korean Won which I hold a small reserve of has appreciated nicely against developed currencies and I noticed that Korea ETF's have soared too, I'm hoping there is a laggard effect here with this stock and it will soon follow suit...

Price held down by N. Korea concerns

numbers JiVe...Following me here?I am in!!!

think its worth BV

A favorite of Allianz NFJ International Value D mutual fund (Ticker AFJDX).

S.KOREA IS NOW EXPLOADING W/O N.KOREAS HELP! THEY WILL BE A LEADER IN WIND TURBINE PRODUCTION AND HV JUST SIGNED A DEAL FOR THIER FIRST SALE OF NUC. REACTOR COMPONENTRY.

Korea Electric Power Corp (KEP) has dropped but seems on the verge of going back up in a few months.

From what they've been doing and there making new updates/products every week!

Demand and unusually low valuation will drive this stock forward.

Seems like a great stock. No place to go but up.

can you say volatile? Has value support at current levels and should go higher from current levels.

One day North Korea will be in the market for a lot of power, KEP will be in the best position to supply it. This day may be far in the future but hey, lets beat the rush!

Not that cool, but with a P/E of 11, it's well enough to beat the S&P500 wich includes a bunch of possibly overvalued companies such as Amazon, Google, Apple and many more.

Proposed by Good People

The trailing P/E is only 12.3, the price to net tangible assets is cheap at 0.69, and the Enterprise value to revenue ratio is well below the industry at 1.67. Of the U.S. majors, FPL is the cheapest based on EV/rev at 2.3. KEP price would need to rise 70% to match this EV/rev. KEP also continues to grow.

Korea's monopoly power generator, likely to benefit massively from selling spare capacity to China

Korea Electric Power Corp. (KEP) founded in 1961, is in the business of generation and transmission of electricity. It is South Korea’s only electricity provider, having an installed generation capacity of around 55,000 megawatts. The company has around 370 generation units that include nuclear, thermal, hydro and internal combustion based plants. KEP caters to a wide range of consumers that includes commercial, residential, educational and agricultural users. The industrial users provide for about half the over all revenues, while residential and commercial users contribute 20% and 22% respectively.

The South Korean power industry is slowly moving to deregulation however it is still largely government regulated. The per capita consumption in the country has seen a major heave by over six times from its 1980’s level, and the future of the industry also looks appealing as the consumption is still much lower than other developing countries, thus providing a huge potential. The demand is expected to rise by 4% - 6% year on year till 2010. The industry is largely impacted by volatile fuel and other input prices, and as imported petroleum is the most significant energy source, the fluctuations in Korean Won and US Dollar also has a significant impact.

KEP has a strong monopoly in the transmission and distribution business. However, the regulated pricing environment is bringing pressure on the margins, and thus the stock has a poor record of generating returns below the benchmark level. Further, the company is unable to transfer the rising cost of production to the ultimate consumers due to regulation, which is further hampering the growth, though it has got some modest respite, as being permitted to charge industrial consumer a marginal higher prices. Adding to it, the huge capital spending and the poor return on capital, makes it a risky stock.