Financials SK Networks Company Limited

Equities

A001740

KR7001740000

Phones & Handheld Devices

End-of-day quote Korea S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
5,050 KRW +3.06% Intraday chart for SK Networks Company Limited +2.54% -12.17%

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 1,022,712 - -
Enterprise Value (EV) 2 6,163 4,075 3,965 4,459 4,926 5,033 4,789 3,659
P/E ratio -10.9 x 31.7 x 11.1 x 9.8 x -1,438 x 15.1 x 11.9 x 8.05 x
Yield 2.02% 2.47% 2.39% 3.1% 3.48% 3.02% 3.17% 4.55%
Capitalization / Revenue 0.11 x 0.1 x 0.1 x 0.09 x 0.13 x 0.11 x 0.11 x 0.1 x
EV / Revenue 0.47 x 0.38 x 0.36 x 0.46 x 0.54 x 0.56 x 0.5 x 0.36 x
EV / EBITDA 6.51 x 4.31 x 4.07 x 4.43 x 4.67 x 4.08 x 4.25 x 3.31 x
EV / FCF 24.9 x -11.3 x 17 x -9.79 x 195 x 15.1 x 20.7 x 7.27 x
FCF Yield 4.02% -8.86% 5.87% -10.2% 0.51% 6.62% 4.82% 13.7%
Price to Book 0.66 x 0.52 x 0.5 x 0.38 x 0.59 x 0.5 x 0.51 x 0.55 x
Nbr of stocks (in thousands) 240,658 218,624 218,624 218,689 199,089 202,517 - -
Reference price 3 5,940 4,855 5,020 3,870 5,750 5,050 5,050 5,050
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 1,055 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 -4.000 335.3 422.7 627.0
Free Cash Flow 3 247,956 -360,904 232,690 -455,382 25,209 333,000 231,000 503,000
FCF margin 1,899.43% -3,394.69% 2,111.88% -4,710.96% 275.99% 3,676.75% 2,414.9% 5,012.46%
FCF Conversion (EBITDA) 26,181.02% - 23,911.06% - 2,389.55% 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 2 120.0 120.0 120.0 120.0 200.0 152.5 160.0 230.0
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 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 2,907 2,501 2,144 2,476 2,546 2,450 2,178 2,283 2,407 2,477 2,140 2,247 2,306
EBITDA - - - - - - - - - - - - -
EBIT 1 21.17 43.31 37.66 40.27 33.1 53.11 64.59 54.77 50.45 62.41 70.05 65.7 60.7
Operating Margin 0.73% 1.73% 1.76% 1.63% 1.3% 2.17% 2.97% 2.4% 2.1% 2.52% 3.27% 2.92% 2.63%
Earnings before Tax (EBT) 1 6.861 - - - - 11.76 - - 5.983 19.23 33.85 31 16.6
Net income 1 -18.05 27.58 23.39 - 29.87 3.551 7.81 - -22.73 7.928 20.15 18.65 10.5
Net margin -0.62% 1.1% 1.09% - 1.17% 0.14% 0.36% - -0.94% 0.32% 0.94% 0.83% 0.46%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 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 5/13/24 - - -
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 3,781 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 3.584 x 3.248 x 3.343 x 2.381 x
Free Cash Flow 2 247,956 -360,904 232,690 -455,382 25,209 333,000 231,000 503,000
ROE (net income / shareholders' equity) -5.3% 1.85% 4.47% 3.89% 2.52% 3.4% 4.25% 6.1%
ROA (Net income/ Total Assets) -1.36% 0.45% 1.09% 0.92% 0.59% 0.77% 1% 1.5%
Assets 1 9,648 9,452 9,085 9,455 -119.8 8,922 8,647 8,600
Book Value Per Share 3 8,993 9,417 10,059 10,311 9,734 10,122 9,823 9,172
Cash Flow per Share 3 1,939 -667.0 2,111 -1,451 614.0 3,336 2,872 -
Capex 1 218 180 186 47.8 70.4 377 269 401
Capex / Sales 1.67% 1.7% 1.68% 0.49% 0.77% 4.16% 2.81% 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
5,050 KRW
Average target price
8,675 KRW
Spread / Average Target
+71.78%
Consensus

Quarterly revenue - Rate of surprise

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