Company Valuation: SK Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 12,579,195 14,080,189 10,472,019 9,825,946 7,169,426 19,545,498 19,545,498 -
Change - 11.93% -25.63% -6.17% -27.04% 172.62% 0% -
Enterprise Value (EV) 1 50,249 53,743 59,823 63,178 62,595 75,883 80,787 84,863
Change - 6.95% 11.31% 5.61% -0.92% 21.23% 6.46% 5.05%
P/E ratio 67.9x 6.72x 9.69x -12.8x -5.61x 5.67x 8.24x 7.01x
PBR 0.72x 0.62x 0.49x 0.47x 0.09x 0.95x 0.83x 0.74x
PEG - 0x -0.2x 0x -0.1x -0x -0.3x 0.4x
Capitalization / Revenue 0.15x 0.14x 0.08x 0.07x 0.06x 0.11x 0.16x 0.15x
EV / Revenue 0.61x 0.55x 0.44x 0.48x 0.5x 0.61x 0.65x 0.65x
EV / EBITDA 6.43x 3.98x 3.56x 4.5x 7.04x 7.49x 6x 5.84x
EV / EBIT -263x 10.9x 7.47x 12.5x 26.6x 38.2x 20.6x 13.8x
EV / FCF 110x -17.4x -9.37x -8.36x -8.28x 24.8x 32.2x 36.9x
FCF Yield 0.91% -5.74% -10.7% -12% -12.1% 4.03% 3.11% 2.71%
Dividend per Share 3 7,000 8,000 5,000 5,000 5,500 7,109 8,400 8,089
Rate of return 2.91% 3.19% 2.65% 2.81% 4.18% 1.98% 2.34% 2.26%
EPS 3 3,544 37,332 19,506 -13,941 -23,455 63,223 43,534 51,146
Distribution rate 198% 21.4% 25.6% -35.9% -23.4% 11.2% 19.3% 15.8%
Net sales 1 81,826 98,325 134,552 131,238 124,690 122,703 124,198 129,997
EBITDA 1 7,820 13,513 16,788 14,044 8,886 10,129 13,461 14,536
EBIT 1 -191.1 4,936 8,005 5,059 2,355 1,818 3,915 6,136
Net income 1 189.4 1,970 1,099 -475 -1,293 3,556 3,447 4,379
Net Debt 1 37,670 39,663 49,351 53,352 55,426 56,337 61,241 65,317
Reference price 3 240,500.00 251,000.00 189,000.00 178,000.00 131,500.00 358,500.00 358,500.00 358,500.00
Nbr of stocks (in thousands) 52,304 56,096 55,408 55,202 54,520 54,520 54,520 -
Announcement Date 09/02/21 10/03/22 06/03/23 07/02/24 12/03/25 10/02/26 - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.67x0.61x7.49x1.98% 13.16B
24.35x3.95x14.13x2.61% 243B
15.95x1.71x9.1x3% 132B
18.23x3.35x12.32x4.72% 101B
20.61x3.58x12.26x2.86% 91.09B
20.82x5.45x13.43x2.75% 63.51B
-46.12x12.72x93.21x-.--% 61.76B
18.78x2.79x11.85x3.79% 57.61B
14.75x1.68x11.64x1% 40.62B
21.38x2.66x12.71x4.16% 39.94B
Average 11.44x 3.85x 19.81x 2.69% 84.35B
Weighted average by Cap. 15.20x 3.94x 18.21x 2.83%

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