Korea Electric Power (FRA:KOP) Cyclically Adjusted FCF per Share: €-2.85 (As of Mar. 2026)

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FRA:KOP Korea Electric Power Corp FRA:KOP
76 GF Score
Price €9.80
GF Value €6.60
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Korea Electric Power Cyclically Adjusted FCF per Share?

Korea Electric Power FRA:KOP -0.51% 76 Cyclically Adjusted FCF per Share is €-2.85 as of Mar. 2026. GuruFocus rates FRA:KOP with a GF Score™ of 76/100 and a GF Value™ of €6.60 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Korea Electric Power's adjusted free cash flow per share for the three months ended in Mar. 2026 was €1.392. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-2.85 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -19.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Korea Electric Power was 28.90% per year. The lowest was -34.30% per year. And the median was -8.60% per year.

As of today (2026-07-16), Korea Electric Power's current stock price is €9.80. Korea Electric Power's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-2.85. Korea Electric Power's Cyclically Adjusted Price-to-FCF of today is .


Korea Electric Power  (FRA:KOP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Korea Electric Power Cyclically Adjusted FCF per Share Related Terms


Korea Electric Power Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Korea Electric Power's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Korea Electric Power Cyclically Adjusted FCF per Share Chart

Korea Electric Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.01 -3.52 -3.58 -3.26 -2.96

Korea Electric Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.09 -3.05 -3.07 -2.96 -2.85

FRA:KOP vs NEE, SO, DUK: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Electric subindustry, Korea Electric Power's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Korea Electric Power Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Electric Power's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Korea Electric Power's Cyclically Adjusted Price-to-FCF falls into.


FRA:KOP
76GF Score
Korea Electric Power Corp FRA:KOP
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Korea Electric Power Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Korea Electric Power's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.392/125.2360*125.2360
=1.392

Current CPI (Mar. 2026) = 125.2360.

Korea Electric Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.362 100.791 -0.450
201609 2.199 101.461 2.714
201612 -0.404 101.561 -0.498
201703 -0.128 102.851 -0.156
201706 -1.274 102.611 -1.555
201709 0.997 103.491 1.206
201712 -0.534 102.991 -0.649
201803 0.235 104.101 0.283
201806 -2.223 104.130 -2.674
201809 0.592 105.651 0.702
201812 -2.098 104.351 -2.518
201903 -0.001 104.491 -0.001
201906 -1.448 104.881 -1.729
201909 0.596 105.200 0.710
201912 -2.719 105.121 -3.239
202003 0.584 105.354 0.694
202006 -1.250 105.112 -1.489
202009 1.062 106.198 1.252
202012 -0.534 105.765 -0.632
202103 1.146 107.357 1.337
202106 -1.974 107.579 -2.298
202109 -0.663 108.759 -0.763
202112 -3.310 109.676 -3.780
202203 -3.581 111.848 -4.010
202206 -5.496 114.072 -6.034
202209 -3.864 114.715 -4.218
202212 -7.580 115.179 -8.242
202303 -3.854 116.507 -4.143
202306 -2.883 117.182 -3.081
202309 0.663 118.964 0.698
202312 -0.850 118.837 -0.896
202403 1.346 120.123 1.403
202406 -0.963 120.007 -1.005
202409 0.982 120.861 1.018
202412 -0.496 121.135 -0.513
202503 1.463 122.590 1.495
202506 -0.286 122.611 -0.292
202509 1.442 123.402 1.463
202512 -0.212 123.939 -0.214
202603 1.392 125.236 1.392

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €-2.85 mean?
Korea Electric Power (FRA:KOP) has a Cyclically Adjusted FCF per Share of €-2.85 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Korea Electric Power and its competitors.
Is Korea Electric Power's Cyclically Adjusted FCF per Share too high?
Korea Electric Power's current Cyclically Adjusted FCF per Share is €-2.85. Overall, Korea Electric Power has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korea Electric Power's Cyclically Adjusted FCF per Share compare to NEE and SO?
Korea Electric Power's Cyclically Adjusted FCF per Share of €-2.85 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Korea Electric Power and its competitors. Korea Electric Power's current Cyclically Adjusted FCF per Share is €-2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korea Electric Power stock overvalued right now?
Based on GuruFocus' analysis, Korea Electric Power (FRA:KOP) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.60, compared to a current price of €9.80 — trading 48.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-2.85. Korea Electric Power's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Korea Electric Power (FRA:KOP), the current Cyclically Adjusted FCF per Share is €-2.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Korea Electric Power (FRA:KOP) Overvalued in 2026?

Based on GuruFocus' analysis, Korea Electric Power stock appears to be overvalued. The current stock price of €9.80 is trading 48.5% above its estimated GF Value™ of €6.60. GuruFocus considers Korea Electric Power to be Significantly Overvalued.

Key valuation signals for FRA:KOP:

  • Cyclically Adjusted FCF per Share: €-2.85
  • GF Value™: €6.60 vs. price of €9.80 (48.5% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FRA:KOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Korea Electric Power Business Description

Address 55 Jeollyeok-ro, Jeollanam-do, Naju-si, KOR, 58322
Korea Electric Power Corp is an electric utility company in which the government of South Korea holds a controlling stake. The firm operates in the following segments: Transmission and distribution, Electric power generation (Nuclear), Electric power generation (Non-Nuclear), Plant maintenance & engineering service, and Others. The majority of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue through the Transmission and distribution segment. Geographically, it derives maximum revenue from Domestic operations.
76GF Score

Get the complete analysis for FRA:KOP

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.80
Price
€6.60
GF Value