Financials SK hynix Inc.

Equities

A000660

KR7000660001

Semiconductors

End-of-day quote Korea S.E. 06:00:00 2024-06-13 pm EDT 5-day change 1st Jan Change
221,000 KRW -0.45% Intraday chart for SK hynix Inc. +6.51% +56.18%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 64,364,569 81,054,213 90,078,308 51,573,828 97,368,441 152,078,641 - -
Enterprise Value (EV) 2 70,894 88,654 100,555 70,491 117,916 167,006 152,827 135,594
P/E ratio 32 x 17.1 x 9.37 x 23.1 x -10.7 x 10.3 x 7.03 x 7.62 x
Yield 1.06% 0.99% 1.18% 1.6% 0.85% 0.66% 0.79% 0.88%
Capitalization / Revenue 2.38 x 2.54 x 2.09 x 1.16 x 2.97 x 2.29 x 1.79 x 1.68 x
EV / Revenue 2.63 x 2.78 x 2.34 x 1.58 x 3.6 x 2.51 x 1.8 x 1.5 x
EV / EBITDA 6.19 x 6.12 x 4.42 x 3.36 x 20 x 4.83 x 3.46 x 3.15 x
EV / FCF -9.57 x 39.5 x 14.4 x -16.7 x -29.5 x 12.6 x 8.73 x 7.18 x
FCF Yield -10.5% 2.53% 6.95% -6% -3.39% 7.92% 11.4% 13.9%
Price to Book 1.34 x 1.56 x 1.53 x 0.81 x 1.82 x 2.32 x 1.79 x 1.49 x
Nbr of stocks (in thousands) 684,002 684,002 687,621 687,651 688,116 688,139 - -
Reference price 3 94,100 118,500 131,000 75,000 141,500 221,000 221,000 221,000
Announcement Date 1/30/20 1/29/21 1/27/22 1/31/23 1/24/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 26,991 31,900 42,998 44,648 32,766 66,479 85,013 90,613
EBITDA 1 11,446 14,488 22,745 20,962 5,889 34,561 44,161 43,086
EBIT 1 2,713 5,010 12,410 7,007 -7,730 21,833 30,664 28,515
Operating Margin 10.05% 15.71% 28.86% 15.69% -23.59% 32.84% 36.07% 31.47%
Earnings before Tax (EBT) 1 2,443 6,237 13,416 4,200 -11,658 19,134 28,479 25,980
Net income 1 2,013 4,755 9,602 2,427 -9,112 14,759 21,546 20,215
Net margin 7.46% 14.91% 22.33% 5.44% -27.81% 22.2% 25.34% 22.31%
EPS 2 2,943 6,950 13,984 3,242 -13,244 21,469 31,445 29,013
Free Cash Flow 3 -7,410,303 2,245,909 6,986,917 -4,229,744 -4,000,000 13,233,642 17,497,974 18,883,633
FCF margin -27,454.99% 7,040.47% 16,249.48% -9,473.54% -12,207.88% 19,906.5% 20,582.75% 20,839.81%
FCF Conversion (EBITDA) - 15,501.53% 30,718.82% - - 38,290.3% 39,622.78% 43,827.39%
FCF Conversion (Net income) - 47,231.56% 72,762.84% - - 89,664.65% 81,212.46% 93,413.33%
Dividend per Share 2 1,000 1,170 1,540 1,200 1,200 1,453 1,755 1,953
Announcement Date 1/30/20 1/29/21 1/27/22 1/31/23 1/24/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2
Net sales 1 12,377 12,156 13,811 10,983 7,699 5,088 7,306 12,394 9,066 11,306 12,430 15,695 27,377 17,980 19,873 35,128 19,568 21,592
EBITDA 1 6,691 6,264 7,682 5,220 1,793 154 612 - 1,541 3,582 6,073 8,094 - 9,443 10,509 - 11,801 16,553
EBIT 1 4,220 2,860 4,193 1,656 -1,701 -3,402 -2,882 - -1,792 346 2,886 4,769 7,900 6,193 7,326 14,000 7,473 8,256
Operating Margin 34.09% 23.52% 30.36% 15.07% -22.09% -66.87% -39.45% - -19.77% 3.06% 23.22% 30.38% 28.86% 34.44% 36.86% 39.85% 38.19% 38.23%
Earnings before Tax (EBT) 1 4,666 2,774 3,967 1,683 -4,224 -3,525 -3,788 - -2,470 -1,875 2,373 4,363 - 6,211 6,779 - 7,938 8,694
Net income 1 3,317 1,979 2,872 1,107 -3,530 -2,580 -2,991 - -2,184 -1,357 1,919 3,324 - 4,616 5,084 - 6,658 7,250
Net margin 26.8% 16.28% 20.79% 10.08% -45.85% -50.71% -40.94% - -24.09% -12% 15.44% 21.18% - 25.67% 25.58% - 34.02% 33.58%
EPS 2 4,825 2,877 4,175 1,609 -5,419 -3,751 -4,347 -8,098 -3,174 -1,972 2,788 5,288 6,664 7,227 8,498 10,883 8,721 9,747
Dividend per Share 2 1,540 300.0 300.0 300.0 300.0 300.0 - - - 300.0 300.0 300.0 - 300.0 963.4 - 300.0 300.0
Announcement Date 1/27/22 4/26/22 7/26/22 10/25/22 1/31/23 4/25/23 7/25/23 7/25/23 10/25/23 1/24/24 4/24/24 - - - - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,529 7,600 10,477 18,917 20,548 14,927 749 -
Net Cash position 1 - - - - - - - 16,485
Leverage (Debt/EBITDA) 0.5704 x 0.5245 x 0.4606 x 0.9025 x 3.489 x 0.4319 x 0.017 x -
Free Cash Flow 2 -7,410,303 2,245,909 6,986,917 -4,229,744 -4,000,000 13,233,642 17,497,974 18,883,633
ROE (net income / shareholders' equity) 4.25% 9.53% 16.8% 3.88% -15.6% 25.3% 28.1% 20.9%
ROA (Net income/ Total Assets) 3.14% 6.98% 11.5% 2.23% -8.92% 13.7% 16.6% 13.7%
Assets 1 64,137 68,157 83,780 108,965 102,101 107,407 129,874 147,849
Book Value Per Share 3 70,092 75,860 85,380 92,356 77,767 95,240 123,232 148,079
Cash Flow per Share 3 9,517 17,999 28,360 21,492 6,218 39,070 46,136 48,379
Capex 1 13,920 10,069 12,487 19,010 8,300 14,355 16,656 17,018
Capex / Sales 51.57% 31.56% 29.04% 42.58% 25.33% 21.59% 19.59% 18.78%
Announcement Date 1/30/20 1/29/21 1/27/22 1/31/23 1/24/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
36
Last Close Price
221,000 KRW
Average target price
240,306 KRW
Spread / Average Target
+8.74%
Consensus
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  4. Financials SK hynix Inc.