Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: KT Corp. - KT Corp. currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][10] - The company has a Zacks Rank of 2 (Buy), which is associated with strong market performance [4] Price Performance - KT's shares have increased by 4.78% over the past week, outperforming the Zacks Wireless Non-US industry, which rose by 1.02% [6] - Over the last month, KT's price change is 10.69%, compared to the industry's 5.35% [6] - In the past quarter, KT's shares rose by 15.93%, and over the last year, they increased by 30.43%, while the S&P 500 only moved 2.67% and 24.29%, respectively [7] Trading Volume - KT's average 20-day trading volume is 498,480 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for KT has increased, while none have decreased, raising the consensus estimate from $1.79 to $1.86 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating positive earnings momentum [10]

- 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 ...

Group 1: Pilgrim's Pride (PPC) - Pilgrim's Pride is engaged in the processing, production, marketing, and distribution of frozen, fresh, and value-added chicken products [1] - The company has a Zacks Rank of 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 12.7% over the last 60 days [1] - Pilgrim's Pride has a PEG ratio of 0.21 compared to 0.49 for the industry [2] - The company possesses a Growth Score of A [2] Group 2: Sterling Infrastructure, Inc. (STRL) - Sterling Infrastructure operates through subsidiaries specializing in E-Infrastructure, Building, and Transportation Solutions primarily in the United States [2] - The company has a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 6.8% over the last 60 days [2] - Sterling Infrastructure has a PEG ratio of 1.32 compared to 1.74 for the industry [3] - The company possesses a Growth Score of A [3] Group 3: KT (KT) - KT is a telecommunication services company providing mobile telecommunications services, telephone services, fixed-line, and VoIP telephone services [3] - The company has a Zacks Rank of 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3.9% over the last 60 days [3] - KT has a PEG ratio of 0.67 compared to 1.07 for the industry [4] - The company possesses a Growth Score of B [4]

Core Viewpoint - The article emphasizes the importance of value investing and highlights KT as a strong value stock based on various valuation metrics [2][4][7] Valuation Metrics - KT has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating it is a high-quality value stock [4] - The current P/E ratio of KT is 7.41, significantly lower than the industry average of 10.18, suggesting it may be undervalued [4] - KT's P/B ratio stands at 0.49, compared to the industry average of 0.95, further indicating attractive valuation [5] - The P/CF ratio for KT is 1.68, which is slightly below the industry average of 1.72, reinforcing the notion of undervaluation [6] Performance Insights - Over the past 12 months, KT's Forward P/E has fluctuated between 5.88 and 7.88, with a median of 6.74, showing consistent valuation levels [4] - KT's P/B ratio has ranged from 0.41 to 0.52, with a median of 0.46, indicating stability in its book value relative to market value [5] - The P/CF ratio has varied between 1.36 and 1.84 over the past 52 weeks, with a median of 1.60, suggesting a solid cash flow outlook [6]

Group 1: Positive Developments for KT Corporation - KT Corporation has a positive capital return outlook, with plans to cancel a substantial amount of treasury shares, which is encouraging given that 81% of listed companies in Korea hold treasury stocks [3][10] - The company's consensus next twelve months' dividend yield is 5.6%, and the actual forward shareholder yield could improve with further share buybacks [3] - A new partnership with Microsoft is expected to enhance KT's capabilities in AI and cloud research, potentially involving multi-billion dollar investments [12] Group 2: Competitive Dynamics - The competitive landscape for the South Korean telecommunications industry has improved, as fears of a new entrant, Stage X, have eased following the revocation of its license due to financial issues [11] - KT Corporation's telecommunications business is now better positioned to maintain its market share and earnings without the threat of increased competition from new players [11] Group 3: Financial Metrics - KT Corporation is currently trading at a normalized EV/EBITDA multiple of 3.1 times, which is considered undemanding, suggesting potential for valuation expansion [7] - The company's cloud business, KT Cloud, reported a revenue growth of 17.8% year-over-year in Q1 2024, significantly outpacing the overall top line growth of 3.3% [12]

SEOUL, South Korea, April 30, 2024 /PRNewswire/ -- KT Corporation (NYSE: KT), South Korea's largest integrated telecom and digital platform service provider, announced that it has filed its Form 20- F Annual Report on April 30th, 2024 for the year ended December 31, 2023 with the Securities and Exchange Commission of the United States. The report can be accessed on KT's English website at https://corp.kt.com/eng in the Investors section under Business Report as well as the SEC's Edgar database at www.sec.go ...

For the month of April 2024 Commission File Number 1-14926 KT Corporation (Translation of registrant's name into English) 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 Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: By: /s/ Sanghyun Cho Name: Sanghyun Cho Title: Director Decision for Cash Dividend Payment | 1. Di ...

Table of Contents As filed with the Securities and Exchange Commission on April 30, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPA ...

KT Corporation (NYSE:KT) Q4 2023 Earnings Conference Call February 7, 2024 8:00 PM ET Company Participants Seung-Hoon Chi - Investor Relations Young-Jin Kim - Investor Relations Min Jang - Chief Financial Officer Conference Call Participants Hoi Jae Kim - Daishin Securities Joonsop Kim - KB Securities Jae-min Ahn - NH Investment & Securities Operator Good morning and good evening. Thank you all for joining this conference call. And now we will begin the conference of the 2023 Fourth Quarter Earnings Results ...

Operating expense increased by 5.8% Y-o-Y to reach KRW6,375.5 billion. The next slide is about the company's financial position. The debt-to-equity ratio as of September 2023 stood at 134.9%, while net-debt-to equity decreased by 6.1 percentage points Q-o-Q to 38.5%. Next, I will go over CapEx. KT Group's cumulative Q3 CapEx amounted KRW2,253.2 billion. On a stand-alone basis, cumulative CapEx as of Q3 stood at KRW1,600.4 billion. The group's CapEx, including the core business areas of finance, media conten ...