KT&GKT&G
033780 · KOSPI · ₩033780 · KT&G
Analyst target price
Average target
₩265,000
Upside
+37.2%
Range ₩250,000 – ₩280,000 · 2 brokers (latest target within 6 months)
Buy 2
Consensus target vs price, 2 years
Earnings estimates
Brokers' earnings estimates and how they've been revised, with Pro.
Unlock with ProBroker reports
| Date | Broker | Report | Rating | Target | Change | Upside | Since publish | Read |
|---|---|---|---|---|---|---|---|---|
| Oct 21 | Yuanta Securities Korea | Shareholder Return Premium Added on Top of Earnings Growth | Buy | ₩280,000 | Raised | +45.0% | −0.5% | Read ↗ |
| Oct 8 | Kyobo Securities | Record-high earnings expected in the third quarter | Buy | ₩250,000 | Maintained | +29.5% | +8.9% | Read ↗ |
| Oct 8 | Kyobo Securities | Record-high earnings expected in the third quarter | Buy | ₩250,000 | Maintained | +29.5% | +8.9% | Read ↗ |
All 8 broker reports on KT&G, not just the latest 3, with Pro.
Unlock with ProCalculated by JONBUR from publicly available broker reports. Reports belong to their publishers. Not financial advice. Includes brokers that publish research publicly; some brokers' reports are client-only and not included.
Reported in the news
| Date | Broker | Target | Change | Rating | Source |
|---|---|---|---|---|---|
| Oct 20 | Yuanta Securities Korea | — | Raised | — | Reported by Yonhap News Agency |
| Oct 20 | Yuanta Securities Korea | — | Raised | — | Reported by Edaily |
| Oct 20 | Yuanta Securities Korea | — | Raised | — | Reported by Etoday |
| Oct 14 | — | ₩250,000 | — | Reported by Maeil Business Newspaper |
Target prices and ratings as news headlines report them, for every broker, including the ones whose reports we don't collect. Only what the headline says; open the article for the rest. Not financial advice.
AI summary of public information
An AI summary of the public information on this company: filed financial statements, filings, prices and news headlines. It doesn't use broker reports; their targets and estimates are shown above.
KT&G is posting strong profits and the shares sit near their 52-week high, but the stock already trades above the base-case DCF value in the data.
KT&G reported trailing-twelve-month revenue of ₩6.9T and net income of ₩1.4T to H1 2026, with a 20.7% net margin and a 3.1% dividend yield. The share price of ₩193,800 is close to its 52-week high of ₩196,400 and is up 40.6% over one year. Recent news centres on Q3 results, overseas tobacco sales and expectations for a new shareholder return policy.
What stands out
- TTM operating margin is 21.4%, up from 20.4% in 2025 and 20.1% in 2024.
- Annual net income rose to ₩1.09T in 2025 from ₩903B in 2023, though 2024 was higher at ₩1.17T; 2025 ROE was 11.8%.
- Trailing free cash flow is ₩452B, against cash of ₩1.08T and borrowings of ₩1.13T.
- The company filed a share buyback decision and a share cancellation decision in September 2026, and an August cash dividend decision.
- Valuation is 14x earnings and 2.1x book, while the DCF base value is ₩186,352, below the current price; the bull case is ₩281,701 and the bear case ₩128,654.
- Over the last 20 days, foreign and retail investors were net sellers while institutions were net buyers; foreign ownership eased slightly to 50.9%.
What to watch
- Details of the new shareholder return policy and how the buyback and cancellation are carried out.
- Pending lawsuit mentioned in a September 2026 filing; the data does not say what it concerns or its likely outcome.
- Next half-year or annual results, and whether overseas tobacco sales and cost improvements continue as news reports suggest.
Data as of Oct 22, 2026 · written Oct 23, 2026
This is not financial advice.
Also known as: KT&G / 033780 / KRX:033780
Source: KRX statistical information