Key insights
- The post discusses Korea Electric Power Corporation (KEP), highlighting its government ownership, market share, low P/E ratio, and dividend payments. The author seeks insights into potential risks or downsides that might explain the company's undervaluation. While KEP's performance can indirectly influence global investor sentiment, its direct impact on US equities is limited.
I have been looking into this company for awhile. It supplies 90% of the power to South Korea (great moat). 51.1% of it is owned by the government (also another moat) .It has a P/E of 2.7, gives dividends and is EXTREMELY undervalued according to many sources. This is why I think there has to be a catch somewhere. Now apart from North Korea, I don't think there is any threat to this company. Could anyone good with financials, balance sheets or just common knowledge of South Korea tell me if I'm missing something?