Company Valuation: SK hynix Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 9,00,78,308 5,15,73,828 9,73,68,441 11,98,23,835 44,94,86,379 1,28,76,03,939 - -
Change - -42.75% 88.79% 23.06% 275.12% 186.46% - -
Enterprise Value (EV) 1 1,00,555 70,491 1,17,916 1,28,352 4,42,068 11,42,486 9,55,107 7,28,162
Change - -29.9% 67.28% 8.85% 244.42% 158.44% -16.4% -23.76%
P/E ratio 9.37x 23.1x -10.7x 6.14x 10.8x 6.27x 4.85x 4.68x
PBR 1.53x 0.81x 1.82x 1.62x - 3.99x 2.27x 1.46x
PEG - -0.3x 0x -0x 0x 0x 0.2x 1.29x
Capitalization / Revenue 2.09x 1.16x 2.97x 1.81x 4.63x 3.89x 2.93x 2.72x
EV / Revenue 2.34x 1.58x 3.6x 1.94x 4.55x 3.45x 2.17x 1.54x
EV / EBITDA 4.42x 3.36x 20x 3.56x 7.24x 4.22x 2.65x 1.89x
EV / EBIT 8.1x 10.1x -15.3x 5.47x 9.36x 4.5x 2.83x 2.09x
EV / FCF 14.4x -16.7x -29.5x 9.15x 17x 7.77x 4.43x 3.02x
FCF Yield 6.95% -6% -3.39% 10.9% 5.9% 12.9% 22.6% 33.1%
Dividend per Share 3 1,540 1,200 1,200 2,205 3,000 4,797 5,033 3,156
Rate of return 1.18% 1.6% 0.85% 1.27% 0.46% 0.26% 0.27% 0.17%
EPS 3 13,984 3,242 -13,244 28,322 60,372 2,92,707 3,78,597 3,92,304
Distribution rate 11% 37% -9.06% 7.79% 4.97% 1.64% 1.33% 0.8%
Net sales 1 42,998 44,648 32,766 66,193 97,147 3,31,321 4,39,789 4,73,317
EBITDA 1 22,745 20,962 5,889 36,013 61,095 2,70,501 3,60,047 3,85,603
EBIT 1 12,410 7,007 -7,730 23,467 47,206 2,54,092 3,37,677 3,48,938
Net income 1 9,602 2,427 -9,112 19,797 42,919 2,07,962 2,65,248 2,63,985
Net Debt 1 10,477 18,917 20,548 8,528 -7,418 -1,45,118 -3,32,497 -5,59,442
Reference price 3 1,31,000.00 75,000.00 1,41,500.00 1,73,900.00 6,51,000.00 18,35,000.00 18,35,000.00 18,35,000.00
Nbr of stocks (in thousands) 6,87,621 6,87,651 6,88,116 6,89,039 6,90,455 7,01,692 - -
Announcement Date 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.($)
6.43x3.55x4.35x0.25% 90TCr
26.92x13.89x20.51x0.02% 5,33200Cr
48.32x19.67x28.77x0.61% 2,02800Cr
13.7x7.92x9.73x0.07% 90TCr
85.02x14.92x57.78x-.--% 75TCr
-435.37x11.27x33.71x-.--% 65TCr
38.8x13.27x25.48x1.93% 27TCr
18.81x6.03x17.01x1.53% 25TCr
230.92x45.4x95.87x-.--% 23TCr
49.84x14.99x24.69x1.02% 21TCr
Average 8.34x 15.09x 31.79x 0.54% 1,15100Cr
Weighted average by Cap. 10.23x 14.01x 24.63x 0.24%

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