As of 2025-05-31, the Intrinsic Value of Korean Air Lines Co Ltd (003490.KS) is 31,993.61 KRW. This 003490.KS valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 22,500.00 KRW, the upside of Korean Air Lines Co Ltd is 42.20%.
The range of the Intrinsic Value is 10,114.76 - 83,168.25 KRW
Based on its market price of 22,500.00 KRW and our intrinsic valuation, Korean Air Lines Co Ltd (003490.KS) is undervalued by 42.20%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 10,114.76 - 83,168.25 | 31,993.61 | 42.2% |
| DCF (Growth 10y) | 34,908.71 - 145,476.27 | 68,015.05 | 202.3% |
| DCF (EBITDA 5y) | 8,643.54 - 51,694.76 | 22,848.88 | 1.6% |
| DCF (EBITDA 10y) | 28,880.29 - 92,959.22 | 50,473.90 | 124.3% |
| Fair Value | 108,438.00 - 108,438.00 | 108,438.00 | 381.95% |
| P/E | 31,003.24 - 52,137.11 | 38,700.41 | 72.0% |
| EV/EBITDA | (44,037.59) - 12,752.06 | (19,297.73) | -185.8% |
| EPV | 23,247.71 - 81,436.42 | 52,342.08 | 132.6% |
| DDM - Stable | 18,869.05 - 53,430.35 | 36,149.78 | 60.7% |
| DDM - Multi | 23,559.21 - 59,983.41 | 34,736.96 | 54.4% |
| Market Cap (mil) | 8,309,925.00 |
| Beta | 0.42 |
| Outstanding shares (mil) | 369.33 |
| Enterprise Value (mil) | 25,791,724.00 |
| Market risk premium | 5.82% |
| Cost of Equity | 12.20% |
| Cost of Debt | 5.50% |
| WACC | 6.41% |