Latest Ratios: P/E Ratio 7.8x · EV/EBITDA 3.4x · ROE 9.2%. (1998–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.8B | $9.6B | $7.6B | $6.7B | $6.5B | $5.9B | $5.4B | $5.7B | $7.0B | $7.7B | $6.9B |
| Enterprise Value | $14.6B | $8.71T | $7.90T | $8.52T | $8.66T | $6.58T | $5.84T | $5.60T | $3.97T | $4.84T | $5.23T |
| P/E Ratio → | 7.81 | 0.01 | 0.02 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 |
| P/S Ratio | 0.47 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/B Ratio | 0.72 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/FCF | 9.77 | 0.01 | 0.00 | 0.01 | — | 0.00 | 0.01 | — | 0.01 | 0.01 | 0.00 |
| P/OCF | 2.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.31 | 0.30 | 0.32 | 0.34 | 0.26 | 0.24 | 0.23 | 0.17 | 0.21 | 0.23 |
| EV / EBITDA | 3.37 | 1.33 | 1.64 | 1.53 | 1.57 | 1.23 | 1.24 | 1.19 | 0.89 | 1.07 | 1.09 |
| EV / EBIT | 8.49 | 3.15 | 8.34 | 5.14 | 3.96 | 2.93 | 4.51 | 4.33 | 2.98 | 4.33 | 3.47 |
| EV / FCF | — | 6.39 | 3.66 | 6.41 | — | 5.02 | 5.75 | — | 3.95 | 5.89 | 3.37 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.0% | 64.0% | 64.5% | 63.6% | 62.0% | 59.7% | 59.4% | 58.0% | 58.7% | 59.6% | 60.5% |
| Operating Margin | 9.2% | 9.2% | 3.3% | 6.4% | 7.0% | 6.8% | 4.2% | 4.2% | 4.7% | 4.6% | 6.1% |
| Net Profit Margin | 6.1% | 6.1% | 1.7% | 3.8% | 4.9% | 5.4% | 2.9% | 2.6% | 2.8% | 2.0% | 3.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.2% | 9.2% | 2.5% | 5.4% | 7.2% | 8.4% | 4.6% | 4.4% | 4.6% | 3.5% | 6.0% |
| ROA | 4.0% | 4.0% | 1.1% | 2.4% | 3.2% | 3.8% | 2.1% | 2.0% | 2.1% | 1.5% | 2.5% |
| ROIC | 7.2% | 7.2% | 2.5% | 4.7% | 5.4% | 5.7% | 3.7% | 3.9% | 4.5% | 4.4% | 5.7% |
| ROCE | 8.7% | 8.7% | 3.0% | 5.7% | 6.3% | 6.6% | 4.2% | 4.4% | 5.1% | 5.1% | 6.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.63 | 0.64 | 0.61 | 0.61 | 0.58 | 0.54 | 0.53 | 0.45 | 0.51 | 0.63 |
| Debt / EBITDA | 1.87 | 1.87 | 2.42 | 2.05 | 2.01 | 1.79 | 1.81 | 1.67 | 1.49 | 1.51 | 1.69 |
| Net Debt / Equity | — | 0.45 | 0.44 | 0.46 | 0.47 | 0.40 | 0.37 | 0.38 | 0.27 | 0.36 | 0.41 |
| Net Debt / EBITDA | 1.33 | 1.33 | 1.64 | 1.53 | 1.57 | 1.23 | 1.24 | 1.19 | 0.89 | 1.07 | 1.09 |
| Debt / FCF | — | 6.38 | 3.66 | 6.40 | — | 5.02 | 5.74 | — | 3.95 | 5.88 | 3.37 |
| Interest Coverage | 7.56 | 7.56 | 3359.44 | 6044.61 | 7.44 | 8.51 | 4.91 | 5421.37 | 4.48 | 3.70 | 4.46 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.20 | 1.20 | 1.03 | 1.10 | 1.19 | 1.18 | 1.21 | 1.17 | 1.27 | 1.02 | 1.02 |
| Quick Ratio | 1.16 | 1.16 | 0.96 | 1.03 | 1.12 | 1.13 | 1.16 | 1.11 | 1.19 | 0.97 | 0.98 |
| Cash Ratio | 0.43 | 0.43 | 0.35 | 0.32 | 0.35 | 0.41 | 0.42 | 0.31 | 0.39 | 0.31 | 0.38 |
| Asset Turnover | — | 0.66 | 0.63 | 0.61 | 0.63 | 0.67 | 0.72 | 0.73 | 0.72 | 0.77 | 0.75 |
| Inventory Turnover | 24.41 | 24.41 | 9.93 | 9.68 | 13.69 | 19.54 | 18.29 | 15.90 | 13.96 | 20.17 | 23.83 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Payout Ratio | 34.1% | 34.1% | 189.7% | 53.0% | 35.7% | 25.8% | 44.3% | 47.3% | 46.3% | 52.7% | 24.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 12.8% | 18629.4% | 6139.8% | 15022.3% | 19244.4% | 22860.9% | 12184.4% | 10820.1% | 9878.6% | 6031.4% | 10791.3% |
| FCF Yield | 10.2% | 14256.9% | 28238.8% | 19832.7% | — | 22115.4% | 18799.2% | — | 14397.2% | 10742.0% | 22461.9% |
| Buyback Yield | 1.9% | 100.0% | 100.0% | 100.0% | 0.0% | 100.0% | 100.0% | 100.0% | 100.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 6.1% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $504M | $492M | $499M | $485M | $471M | $491M | $490M | $490M | $490M | $490M |
Regulatory and competitive pressure
Based on current market data, KT trades at a P/E of 7.67 and an EV/EBITDA of 3.33, suggesting that investors are pricing in significant skepticism regarding the company's ability to successfully pivot its legacy utility-heavy business model toward higher-growth digital and AI-centric enterprise service offerings.
The low valuation multiples relative to broader market indices appear to reflect a persistent conglomerate discount, likely exacerbated by the company's historical volatility in earnings and capital allocation. This pricing suggests that the market views KT primarily as a defensive utility rather than a technology-driven growth platform, warranting further investigation into whether the current valuation provides a sufficient margin of safety for long-term investors.
As reported in recent financial statements, KT's ROIC has struggled to exceed 3% in any of the last ten quarters, peaking at 2.8% in 2025Q2, which indicates that the company's massive investments in network infrastructure are failing to generate returns that meaningfully exceed its cost of capital.
The persistent low returns on invested capital suggest that the company's capital-intensive business model is inherently dilutive to shareholder value unless significant margin expansion is achieved through operational automation. Investors should monitor whether the shift toward AICT services can improve these returns or if the high depreciation burden of legacy assets will continue to suppress capital efficiency.
According to quarterly filings, KT's cash conversion cycle has fluctuated significantly, ranging from a negative 4 days in 2024Q1 to a high of 41 days in 2025Q1, highlighting the operational challenges of managing working capital across diverse segments like telecommunications, financial services, and real estate.
The inconsistency in the cash conversion cycle suggests that the company's ability to manage its supplier and customer leverage is highly sensitive to the timing of large-scale projects and seasonal payment patterns. This volatility warrants further investigation into whether the integration of BC Card and B2B cloud services is creating structural friction in the company's liquidity management.
Based on the provided financial data, KT's current ratio has remained narrow, oscillating between 1.02 and 1.24 over the last ten quarters, which indicates that the company maintains only a modest cushion of liquid assets to cover its immediate short-term obligations and ongoing capital expenditure requirements.
The tight liquidity position appears to be a deliberate outcome of the company's high capital intensity, leaving little room for error during periods of economic stress or unexpected regulatory costs. While the current ratio is technically adequate, the lack of a significant buffer suggests that any major disruption to cash flow could necessitate increased reliance on external financing.
The P/E ratio is frequently misapplied to KT, as it fails to account for the significant non-operating income and lumpy asset divestments that frequently distort the company's net income, thereby obscuring the underlying cash-generating capability of its core telecommunications and digital infrastructure operations.
Investors should instead focus on EV/EBITDA or free cash flow yield to better assess the company's operational performance, as these metrics are less susceptible to the accounting noise inherent in KT's diverse conglomerate structure. Relying on P/E may lead to an inaccurate assessment of the company's valuation, as it ignores the heavy depreciation and non-recurring items that characterize the firm's financial reporting.
Includes 30+ ratios · 28 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying KT stock.
KT Corporation's current P/E ratio is 7.8x. The historical average is 0.0x. This places it at the 100th percentile of its historical range.
KT Corporation's current EV/EBITDA is 3.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 1.6x.
KT Corporation's return on equity (ROE) is 9.2%. The historical average is 7.1%.
Based on historical data, KT Corporation is trading at a P/E of 7.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
KT Corporation's current dividend yield is 4.21% with a payout ratio of 34.1%.
KT Corporation has 64.0% gross margin and 9.2% operating margin.
KT Corporation's Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.