Group 1: KT Corporation - KT Corporation is an integrated telecommunications and platform services provider with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 3.5% over the last 60 days [1] - The company has a PEG ratio of 0.36, significantly lower than the industry average of 1.05, and possesses a Growth Score of B [1] Group 2: Life Time Group Holdings, Inc. - Life Time Group Holdings, Inc. is a fitness company that also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 12.2% over the last 60 days [2] - The company has a PEG ratio of 0.60 compared to the industry average of 0.82, and possesses a Growth Score of B [2] Group 3: Twilio Inc. - Twilio Inc. is a customer experience solutions company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 1.4% over the last 60 days [3] - The company has a PEG ratio of 0.75, lower than the industry average of 1.51, and possesses a Growth Score of A [3]

Core Viewpoint - KT Corp. is identified as a strong momentum stock with a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating potential for significant near-term gains [3][4][12] Price Performance - KT shares have increased by 7.51% over the past week, outperforming the Zacks Wireless Non-US industry, which rose by 3.72% during the same period [6] - Over the last month, KT's stock price has risen by 9.27%, compared to the industry's 3.42% [6] - In the last three months, KT shares have appreciated by 10.87%, and over the past year, they have surged by 35.93%, while the S&P 500 has only increased by 5.86% and 27.32%, respectively [7] Trading Volume - KT's average 20-day trading volume is 1,007,013 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for KT has been revised upward, while none have been lowered, resulting in an increase in the consensus estimate from $0.85 to $0.88 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Given the strong price performance, positive earnings outlook, and high Momentum Style Score, KT Corp. is positioned as a promising investment opportunity [12]

Core Viewpoint - KT is currently identified as a strong value stock with a Zacks Rank of 1 (Strong Buy) and an A grade in the Value category, indicating strong investor interest [2]. Valuation Metrics - KT has a Price-to-Book (P/B) ratio of 0.60, which is lower than the industry average of 0.77, suggesting it may be undervalued [3]. - The P/B ratio for KT has fluctuated between a high of 0.70 and a low of 0.42 over the past 12 months, with a median of 0.51 [3]. - KT's Price-to-Cash Flow (P/CF) ratio stands at 1.94, significantly lower than the industry average of 3.85, indicating potential undervaluation based on cash flow strength [4]. - The P/CF ratio for KT has ranged from a high of 2.29 to a low of 1.36 in the past 52 weeks, with a median of 1.66 [4]. Investment Outlook - The combination of KT's attractive valuation metrics and strong earnings outlook positions it as a compelling value stock at this time [5].

Financial Data and Key Metrics Changes - The group's total consolidated revenue slightly decreased on a year-over-year basis to KRW6,654.6 billion due to weak performance of the content subsidiary despite growth in core businesses such as real estate, IDC, and cloud [10] - Consolidated operating income increased by 44.2% to KRW464.1 billion, driven by the base effect from wage negotiations in the previous year [11] - Net income rose by 32.9% to KRW383.2 billion, supported by the growth of operating income [12] - EBITDA increased by 13.4% to KRW1,428.9 billion [12] - Operating expenses decreased by 2.9% year-over-year to KRW6,190.5 billion due to reductions in labor costs, SG&A, and cost of service [12] - As of September 2024, the debt ratio was 122.8%, and the net debt ratio decreased by 8.2 percentage points year-over-year to 30.3% [13] Business Line Data and Key Metrics Changes - Wireless revenue increased by 1.9% year-over-year to KRW1,740.4 billion, with 5G subscribers making up 76% of total handset subscribers [14] - Broadband revenue grew by 0.4% year-over-year to KRW618.5 billion, supported by an increase in Giga subscribers [15] - Media business revenue decreased by 1.2% year-over-year due to declines in PPV and advertising revenue, despite net growth in IPTV subscribers [16] - B2B service revenue grew by 2.5% year-over-year, driven by demand for AX services [17] - BC Card revenue decreased by 6.5% year-over-year to KRW931.4 billion, while operating income improved due to better management of financial assets [18] - The content subsidiary experienced a 19.3% year-over-year decline in revenue due to a shrinking market [19] - KT Cloud revenue grew by 6.8% year-over-year, benefiting from higher IDC utilization and stronger retention of public sector customers [19] - KT Estate revenue increased by 3.6% year-over-year, driven by lease revenue from offices and hotels [20] Market Data and Key Metrics Changes - The company is focusing on transforming into an AICT company and has established a strategic partnership with Microsoft to enhance capabilities in AI and cloud services [5][4] - The mid-term target is to reach a consolidated ROE of 9% to 10% by 2028, with plans to triple AI and IT business revenue compared to 2023 [8] Company Strategy and Development Direction - The company aims to innovate core businesses through AICT transformation and expand customized offerings in the B2B segment [4] - Plans include merging KT NXR, a subsidiary specializing in big data, and establishing two new subsidiaries focused on network services [7] - The company is committed to a mid-term plan to boost shareholder and corporate value, including a share buyback and cancellation program of KRW1 trillion [8] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the ambitious nature of the ROE target and outlines three strategies to achieve it: transformation into an AICT company, enhancing asset efficiency, and utilizing excess cash for investments and shareholder returns [26][28] - The company anticipates significant growth in the AI and cloud sectors, driven by partnerships and evolving technology [46] Other Important Information - A cash dividend of KRW500 per share was declared for Q3, with a commitment to a stable shareholder return program [9] - The company is undergoing workforce reassignment, with 1,700 employees moving to newly established subsidiaries [43] Q&A Session Summary Question: Regarding the ROE target and share buyback program - Management explained the ambitious ROE target and outlined strategies for achieving it, including transformation into an AICT company and enhancing asset efficiency [26][28] - The share buyback program will be implemented gradually across the years [29] Question: About the AX subsidiary and its services - The AX subsidiary will focus on technological consulting services, with an expected initial workforce of around 100 employees [38] - The company is still in the development phase and cannot provide specific details on services yet [34] Question: Strategies for tripling AI and IT revenue and workforce reassignment - The company plans to transform into a B2B AI DX service company, with a target of increasing AI IT revenue significantly by 2028 [42] - The reassignment process is nearly complete, with a total of 4,500 employees expected to be reduced from the headcount [43]

Core Viewpoint - The article emphasizes the importance of value investing and highlights KT as a strong value stock based on various valuation metrics [2][7]. Valuation Metrics - KT holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong potential for undervaluation [4]. - The stock has a P/E ratio of 7.35, significantly lower than the industry average of 9.78, suggesting it is undervalued [4]. - KT's Forward P/E has fluctuated between 5.93 and 7.88 over the past year, with a median of 7.04 [4]. - The PEG ratio for KT is 0.65, compared to the industry average of 0.74, indicating favorable growth expectations relative to its valuation [5]. - KT's PEG has ranged from 0.61 to 2.58, with a median of 0.94 in the past year [5]. - The P/B ratio for KT is 0.59, which is attractive compared to the industry average of 0.95, further supporting the undervaluation thesis [6]. - KT's P/B has varied from 0.41 to 0.61, with a median of 0.47 over the past year [6]. Investment Outlook - The combination of KT's strong earnings outlook and favorable valuation metrics positions it as one of the market's strongest value stocks [7].

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number 1-14926 KT Corporation (Translation of registrant's name into English) 90, Buljeong-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or For ...

The Zacks Wireless Non-US industry appears well poised to benefit from healthy demand trends stemming from the increasing user propensity to stay connected in this digital age. However, high capital expenditures for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts and high customer inventory levels have dented the industry's profitability. Nevertheless, Orange S.A. (ORAN) , SK Telecom Co., Ltd. (SKM) and KT Corporation (KT) are likely to gain from significant l ...

KT Corp. (KT) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Indiv ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

- 11 Sunwoo Jung For income investors, telecommunications companies are one of the typical sweet spots. This is especially true for foreign telecom companies, which often pay higher yields than their large domestic counterparts. In 2017, I wrote an article about KT Corporation (NYSE:KT), at the time I concluded the stock was a buy because of both its online TV offerings and its reduction in debt. The company hasn't done a lot between then and now. Today I'm going to look back at KT with an eye toward the co ...