KEP vs NGG Stock Comparison

Korea Electric Power and National Grid Prices as of Oct 26, 2026 Peers: Industry group
KEP Korea Electric Power Corp
$10.48 -4.8% 1M -31.1% 1Y
Market cap
$13.44B
P/E
2.3x
Revenue (TTM)
$67.60B
Div. yield
–
Regulated Electric Utilities Utilities
2 wins
NGG National Grid Plc
$81.77 +8.4% 1M +6.3% 1Y
Market cap
$80.91B
P/E
18.6x
Revenue (TTM)
—
Div. yield
–
Regulated Electric Utilities Utilities
5 wins

Head to Head

7 decided of 12

National Grid leads on 5 of the 12 questions below (National Grid 5, Korea Electric Power 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKEPNGGLeader
Larger companyMarket capitalisation $13.44B $80.91B NGG
Cheaper on earningsLower P/E, profitable companies only 2.3x 18.6x KEP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 4.2x 14.0x KEP
Faster revenue growthRevenue growth, trailing twelve months -1.4% — –
More profitableNet margin, trailing twelve months 8.8% — –
Better return on capitalReturn on invested capital 5.2% — –
Less leveragedLower net debt / EBITDA 4.5x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -31.1% +6.3% NGG
Better 5-year returnAnnualised price return, 5 years +1.5%/yr +5.0%/yr NGG
Less volatileAnnualised volatility, 1 year 47.8% 22.5% NGG
Higher overall scoreMean of the five percentile scores vs peers 66/100 73/100 NGG

Percentile Scorecard

KEPNGG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisKEPNGG
Valuation 100 #1 of 67 55 #31 of 67
Growth 88 #9 of 65 –
Profitability 38 #40 of 64 –
Financial Health 10 #58 of 64 76 #16 of 64
Shareholder Returns 96 #4 of 67 89 #8 of 67
Overall 66 73
  • KEP ranked among 67 companies in Regulated Utilities
  • NGG ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodKEPNGGSPY
1 month -4.8%+8.4% -0.8%
3 months -14.2%+0.7% +3.5%
6 months -32.2%-6.3% +7.0%
Year to date -36.5%+5.7% +12.2%
1 year -31.1%+6.3% +13.0%
3 years +75.0%+36.6% +86.3%
3 years, per year +20.5%+11.0% +23.1%
5 years +7.7%+27.6% +68.6%
5 years, per year +1.5%+5.0% +11.0%
10 years -53.2%+15.9% +258.0%
10 years, per year -7.3%+1.5% +13.6%

Risk

MeasureKEPNGGSPY
Volatility, 1Y 47.8%22.5% 12.7%
Downside volatility, 1Y 48.8%24.2% 12.7%
Beta vs S&P 500, 1Y 1.320.31 1.00
Return / volatility, 1Y -0.650.28 1.02
Max drawdown, 5Y -54.9%-40.9% -25.4%
From 52-week high -54.9%-12.9% -1.8%
52-week high $23.26$93.93 $779.14
52-week low $10.48$73.54 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleKEPNGG
P/E now vs peer median 2.3xmedian 20.8x 18.6xmedian 20.8x
P/S now vs peer median 0.2xmedian 2.9x 3.6xmedian 2.9x
EV/EBITDA now vs peer median 5.2xmedian 13.1x —median 13.1x
P/FCF now vs peer median 6.6xmedian 36.7x -29.4xmedian 36.7x
P/B now vs peer median 0.4xmedian 1.7x 1.6xmedian 1.7x
PEG now vs peer median 0.07median 2.23 —median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsKEPNGG
Revenue $67.60B –
Gross profit $10.41B –
Operating income $8.79B –
Net income $5.57B –
Free cash flow $2.03B –
EPS (diluted) $4.63 –
Cash & equivalents $1.70B $493.98M
Total debt $357.84B $61.59B
Shares (diluted) 1.28B 994.20M
Enterprise value -$16.70B $53.20B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricKEPNGG
P/E 2.3x 18.6x
P/FCF 6.6x -29.4x
P/Operating cash flow 1.1x –
P/S 0.2x 3.6x
P/B 0.4x 1.6x
P/Tangible book 0.4x 1.8x
EV/EBITDA 5.2x –
EV/EBIT 10.8x –
EV/Revenue 1.4x –
EV/FCF 47.0x –
EV/Operating cash flow 7.6x –
PEG (3Y EPS CAGR) 0.07 –

Growth

14 metrics
MetricKEPNGG
Revenue growth (1Y) -1.4% –
Revenue CAGR (3Y) 13.4% –
Gross profit growth (1Y) 4.0% –
Gross profit CAGR (3Y) 36.9% –
Operating income growth (1Y) 5.2% –
Operating income CAGR (3Y) 34.5% –
Net income growth (1Y) 21.1% –
Net income CAGR (3Y) 33.2% –
EPS growth (1Y) 55.7% –
EPS CAGR (3Y) 33.6% –
Operating cash flow growth (1Y) -7.8% –
Operating cash flow CAGR (3Y) 42.7% –
Free cash flow growth (1Y) -55.3% –
Free cash flow CAGR (3Y) 27.9% –

Profitability

14 metrics
MetricKEPNGG
Gross margin 15.4% –
EBITDA margin 26.9% –
Operating margin 13.0% –
Pretax margin 11.1% –
Net margin 8.8% –
FCF margin 3.0% –
Operating cash flow margin 18.6% –
Return on equity 16.5% –
Return on assets 3.3% –
Return on invested capital 5.2% –
Return on capital employed 7.2% –
Asset turnover 0.4x –
Cash conversion (OCF / net income) 2.3x –
Stock comp / revenue – –

Financial Health

11 metrics
MetricKEPNGG
Debt / assets 50.8% 43.2%
Debt / equity 2.6x 1.2x
Net debt / EBITDA 4.5x –
Debt / FCF 42.7x –
Liabilities / assets 80.3% 63.7%
Equity / assets 19.7% 36.3%
Interest coverage 3.1x –
Current ratio 0.4x 0.8x
Quick ratio 0.3x 0.7x
Cash ratio 0.1x 0.3x
Altman Z-score 0.60 –

Shareholder Returns

7 metrics
MetricKEPNGG
Dividend yield 5.0% 4.0%
Net buyback yield – –
Shareholder yield 5.0% 4.0%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusKEPNGG
Forward P/E 4.2xFY2026 14.0xFY2026
EPS, next fiscal year $2.49FY2026 $5.86FY2026
EPS growth, next FY -44.2%FY2026 +11.4%FY2026
EPS growth, the year after +22.9% +8.9%
Revenue, next fiscal year $74.80BFY2026 $25.38BFY2026
Revenue growth, next FY +14.4%FY2026 +6.4%FY2026
Revenue growth, the year after -9.9% +8.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKEPNGG
Held by institutions 2.6% 6.2%
Institutions holding 168 617
Change in shares held, QoQ +26.1% +6.6%
Institutions buying 117 352
Institutions selling 33 159
Buyers to sellers 3.55 2.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

KEPNGG
KEP 1.00 0.20
NGG 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KEP and NGG?

National Grid (NGG) is the largest by market capitalisation: Korea Electric Power (KEP) $13.44B, National Grid (NGG) $80.91B.

Which stock is cheaper, KEP and NGG?

Korea Electric Power (KEP) trades on the lowest price-to-earnings ratio (Korea Electric Power (KEP) 2.3x, National Grid (NGG) 18.6x). On next year's consensus earnings, Korea Electric Power (KEP) is cheapest (Korea Electric Power (KEP) 4.2x, National Grid (NGG) 14.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which stock has performed better?

Over the past year National Grid (NGG) returned the most: Korea Electric Power (KEP) -31.1%, National Grid (NGG) +6.3%. Over five years, National Grid (NGG) compounded fastest (Korea Electric Power (KEP) +1.5%/yr, National Grid (NGG) +5.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, National Grid (NGG) has been the steadiest (Korea Electric Power (KEP) 47.8%, National Grid (NGG) 22.5%). Volatility measures how widely the price swings, not the risk of the business.

Do KEP and NGG move together?

Their daily returns over the past year have a correlation of 0.20, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, KEP and NGG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, National Grid (NGG) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.