Valuation KT&G Corporation

Equities

End-of-day quote Korea S.E. Other stock markets 11/12/2025			5-day change	1st Jan Change
141,600.00 ^KRW	-0.07%		-1.19%	+32.21%

11-28	Yungjin Pharm. Co., Ltd. announced that it has received KRW 25.1 billion in funding from a group of investors	CI
11-19	Taekwang No. 1 Real Estate Investment Trust Co., Ltd. agreed to acquire Courtyard by Marriott Seoul Namdaemun Hotel from KT&G Corporation for approximately KRW 250 billion.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	10,311,042	9,802,314	10,639,613	9,803,182	11,551,382	14,653,850	-	-
Change	-	-4.93%	8.54%	-7.86%	17.83%	26.86%	-	-
Enterprise Value (EV) ¹	8,650	9,004	9,411	9,377	10,788	14,372	14,286	14,021
Change	-	4.09%	4.52%	-0.36%	15.06%	33.22%	-0.6%	-1.85%
P/E ratio	8.92x	9.99x	10.8x	11.1x	9.47x	15.5x	12.9x	11.9x
PBR	1.14x	1.03x	1.14x	1.07x	1.25x	1.74x	1.66x	1.54x
PEG	-	-0.7x	1.48x	-1.46x	0.2x	-0.8x	0.6x	1.36x
Capitalization / Revenue	1.94x	1.87x	1.82x	1.67x	1.95x	2.26x	2.15x	2.04x
EV / Revenue	1.63x	1.72x	1.61x	1.6x	1.83x	2.22x	2.09x	1.95x
EV / EBITDA	5.13x	5.79x	6.3x	6.66x	7.5x	8.85x	8.05x	7.45x
EV / EBIT	5.84x	6.73x	7.42x	8.03x	9.11x	10.6x	9.59x	8.78x
EV / FCF	8.35x	7.88x	14.6x	11.8x	197x	16x	14.4x	13.9x
FCF Yield	12%	12.7%	6.87%	8.46%	0.51%	6.27%	6.93%	7.19%
Dividend per Share ³	4,489	4,800	5,000	5,200	5,400	5,974	6,182	6,525
Rate of return	5.4%	6.08%	5.46%	5.98%	5.04%	4.22%	4.37%	4.61%
EPS ³	9,320	7,910	8,489	7,843	11,314	9,108	10,937	11,894
Distribution rate	48.2%	60.7%	58.9%	66.3%	47.7%	65.6%	56.5%	54.9%
Net sales ¹	5,302	5,228	5,856	5,872	5,910	6,481	6,827	7,184
EBITDA ¹	1,686	1,556	1,493	1,408	1,439	1,625	1,774	1,881
EBIT ¹	1,482	1,338	1,268	1,168	1,185	1,355	1,490	1,598
Net income ¹	1,173	978.7	1,005	902.7	1,144	1,083	1,249	1,338
Net Debt ¹	-1,661	-798.6	-1,229	-426.6	-763.1	-281.6	-368.2	-633.1
Reference price ³	83,100.00	79,000.00	91,500.00	86,900.00	107,100.00	141,600.00	141,600.00	141,600.00
Nbr of stocks (in thousands)	124,080	124,080	116,280	112,810	107,856	103,488	-	-
Announcement Date	03/02/21	10/02/22	09/02/23	07/02/24	06/02/25	-	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KT&G CORPORATION	15.55x	2.22x	8.85x	4.22%	9.96B
ALTRIA GROUP, INC.	12.06x	6x	9.57x	7.09%	98.57B
JAPAN TOBACCO INC.	18.67x	3.16x	10.65x	3.94%	65.5B
ITC LIMITED	24.24x	6.19x	18.34x	3.76%	55.96B
PT HANJAYA MANDALA SAMPOERNA TBK	13.32x	0.7x	8.74x	7.66%	5.13B
RLX TECHNOLOGY INC.	20.55x	1.2x	7.94x	0.52%	2.86B
EASTERN COMPANY S.A.E	11.94x	2.8x	8.74x	7.12%	2.66B
PT GUDANG GARAM TBK	28.48x	0.26x	4.07x	2.98%	1.55B
SCANDINAVIAN TOBACCO GROUP A/S	9.77x	1.31x	6.71x	9.27%	1.15B
Average	17.18x	2.65x	9.29x	5.17%	27.04B
Weighted average by Cap.	17.00x	4.86x	11.75x	5.28%