Company Valuation: SK hynix Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 81,054,213 90,078,308 51,573,828 97,368,441 119,823,835 637,980,668 637,980,668 -
Change - 11.13% -42.75% 88.79% 23.06% 432.43% 0% -
Enterprise Value (EV) 1 88,654 100,555 70,491 117,916 128,352 442,068 554,658 457,497
Change - 13.42% -29.9% 67.28% 8.85% 244.42% -11.8% -17.52%
P/E ratio 17.1x 9.37x 23.1x -10.7x 6.14x 10.8x 5.24x 4.7x
PBR 1.56x 1.53x 0.81x 1.82x 1.62x 5.87x 2.68x 1.72x
PEG - 0x -0.3x 0x -0x 0x 0x 0.4x
Capitalization / Revenue 2.54x 2.09x 1.16x 2.97x 1.81x 4.63x 2.85x 2.46x
EV / Revenue 2.78x 2.34x 1.58x 3.6x 1.94x 4.55x 2.48x 1.76x
EV / EBITDA 6.12x 4.42x 3.36x 20x 3.56x 7.24x 3.09x 2.33x
EV / EBIT 17.7x 8.1x 10.1x -15.3x 5.47x 9.36x 3.53x 2.63x
EV / FCF 39.5x 14.4x -16.7x -29.5x 9.15x 17x 6.73x 4.17x
FCF Yield 2.53% 6.95% -6% -3.39% 10.9% 5.9% 14.9% 24%
Dividend per Share 3 1,170 1,540 1,200 1,200 2,205 3,000 3,035 3,352
Rate of return 0.99% 1.18% 1.6% 0.85% 1.27% 0.46% 0.33% 0.36%
EPS 3 6,950 13,984 3,242 -13,244 28,322 60,372 176,187 196,506
Distribution rate 16.8% 11% 37% -9.06% 7.79% 4.97% 1.72% 1.71%
Net sales 1 31,900 42,998 44,648 32,766 66,193 97,147 223,565 259,832
EBITDA 1 14,488 22,745 20,962 5,889 36,013 61,095 179,386 196,217
EBIT 1 5,010 12,410 7,007 -7,730 23,467 47,206 157,294 173,754
Net income 1 4,755 9,602 2,427 -9,112 19,797 42,919 121,840 133,611
Net Debt 1 7,600 10,477 18,917 20,548 8,528 -7,418 -83,322 -180,484
Reference price 3 118,500.00 131,000.00 75,000.00 141,500.00 173,900.00 924,000.00 924,000.00 924,000.00
Nbr of stocks (in thousands) 684,002 687,621 687,651 688,116 689,039 690,455 690,455 -
Announcement Date 29/01/21 27/01/22 31/01/23 24/01/24 22/01/25 28/01/26 - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.41x6.6x10.61x0.2% 430B
21.98x11.27x16.87x0.02% 4,320B
38.99x15.14x22.36x0.79% 1,565B
11.04x5.16x7.41x0.13% 417B
43.05x6.49x27.47x-.--% 314B
-281.42x4.32x14.24x-.--% 217B
30.1x9.43x19.51x2.96% 176B
37.08x11.29x18.53x1.36% 154B
15.71x3.4x9.56x2.65% 145B
123.37x24.04x50.6x0% 121B
Average 5.63x 9.71x 19.71x 0.81% 785.87B
Weighted average by Cap. 18.88x 11.09x 17.95x 0.33%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield