Financials SK Networks Company Limited

Equities

A001740

KR7001740000

Phones & Handheld Devices

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
5,090 KRW 0.00% Intraday chart for SK Networks Company Limited -5.39% -11.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,436,219 1,068,061 1,102,951 848,673 1,144,763 1,050,176 - -
Enterprise Value (EV) 2 6,163 4,075 3,965 4,459 1,145 5,060 4,817 3,686
P/E ratio -10.9 x 31.7 x 11.1 x 9.8 x - 15.2 x 12 x 8.12 x
Yield 2.02% 2.47% 2.39% 3.1% - 3% 3.14% 4.52%
Capitalization / Revenue 0.11 x 0.1 x 0.1 x 0.09 x 0.13 x 0.12 x 0.11 x 0.1 x
EV / Revenue 0.47 x 0.38 x 0.36 x 0.46 x 0.13 x 0.56 x 0.5 x 0.37 x
EV / EBITDA 6.51 x 4.31 x 4.07 x 4.43 x - 4.1 x 4.28 x 3.33 x
EV / FCF 24.9 x -11.3 x 17 x -9.79 x - 15.2 x 20.9 x 7.33 x
FCF Yield 4.02% -8.86% 5.87% -10.2% - 6.58% 4.8% 13.6%
Price to Book 0.66 x 0.52 x 0.5 x 0.38 x - 0.5 x 0.52 x 0.55 x
Nbr of stocks (in thousands) 240,658 218,624 218,624 218,689 199,089 206,321 - -
Reference price 3 5,940 4,855 5,020 3,870 5,750 5,090 5,090 5,090
Announcement Date 2/6/20 2/5/21 2/10/22 2/10/23 2/13/24 - - -
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 13,054 10,631 11,018 9,666 9,134 9,057 9,566 10,035
EBITDA 1 947.1 945.5 973.1 1,007 - 1,234 1,127 1,107
EBIT 1 109.4 123.7 121.9 154.3 237.3 260.6 271.3 317
Operating Margin 0.84% 1.16% 1.11% 1.6% 2.6% 2.88% 2.84% 3.16%
Earnings before Tax (EBT) 1 1.54 107.1 107 81.62 70.74 108 136.4 214
Net income 1 -131.5 42.12 98.59 86.57 -0.711 68.4 86.47 129
Net margin -1.01% 0.4% 0.89% 0.9% -0.01% 0.76% 0.9% 1.29%
EPS 2 -547.0 153.0 451.0 395.0 - 335.3 422.7 627.0
Free Cash Flow 3 247,956 -360,904 232,690 -455,382 - 333,000 231,000 503,000
FCF margin 1,899.43% -3,394.69% 2,111.88% -4,710.96% - 3,676.75% 2,414.9% 5,012.46%
FCF Conversion (EBITDA) 26,181.02% - 23,911.06% - - 26,974.48% 20,502.96% 45,438.12%
FCF Conversion (Net income) - - 236,027.43% - - 486,842.11% 267,154.96% 389,922.48%
Dividend per Share 2 120.0 120.0 120.0 120.0 - 152.5 160.0 230.0
Announcement Date 2/6/20 2/5/21 2/10/22 2/10/23 2/13/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,816 2,907 2,501 2,144 2,476 2,546 2,450 2,178 2,283 2,407 2,368 2,140 2,247 2,306
EBITDA - - - - - - - - - - - - - -
EBIT 1 47.15 21.17 43.31 37.66 40.27 33.1 53.11 64.59 54.77 50.45 66.05 70.05 65.7 60.7
Operating Margin 1.67% 0.73% 1.73% 1.76% 1.63% 1.3% 2.17% 2.97% 2.4% 2.1% 2.79% 3.27% 2.92% 2.63%
Earnings before Tax (EBT) 1 36.68 6.861 - - - - 11.76 - - 5.983 32.05 33.85 31 16.6
Net income 1 15.71 -18.05 27.58 23.39 - 29.87 3.551 7.81 - -22.73 19.25 20.15 18.65 10.5
Net margin 0.56% -0.62% 1.1% 1.09% - 1.17% 0.14% 0.36% - -0.94% 0.81% 0.94% 0.83% 0.46%
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/8/21 2/10/22 5/9/22 8/2/22 11/8/22 2/10/23 5/8/23 8/9/23 11/8/23 2/13/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,727 3,007 2,862 3,610 - 4,010 3,766 2,636
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.991 x 3.18 x 2.941 x 3.585 x - 3.248 x 3.343 x 2.381 x
Free Cash Flow 2 247,956 -360,904 232,690 -455,382 - 333,000 231,000 503,000
ROE (net income / shareholders' equity) -5.3% 1.85% 4.47% 3.89% - 3.4% 4.25% 6.1%
ROA (Net income/ Total Assets) -1.36% 0.45% 1.09% 0.92% - 0.77% 1% 1.5%
Assets 1 9,648 9,452 9,085 9,455 - 8,922 8,647 8,600
Book Value Per Share 3 8,993 9,417 10,059 10,311 - 10,122 9,823 9,172
Cash Flow per Share 3 1,939 -667.0 2,111 -1,451 - 3,336 2,872 -
Capex 1 218 180 186 47.8 - 377 211 401
Capex / Sales 1.67% 1.7% 1.68% 0.49% - 4.16% 2.21% 4%
Announcement Date 2/6/20 2/5/21 2/10/22 2/10/23 2/13/24 - - -
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
4
Last Close Price
5,090 KRW
Average target price
8,675 KRW
Spread / Average Target
+70.43%
Consensus

Quarterly revenue - Rate of surprise

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