Financials SK hynix Inc.

Equities

A000660

KR7000660001

Semiconductors

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
177,800 KRW +4.22% Intraday chart for SK hynix Inc. +2.60% +25.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 64,364,569 81,054,213 90,078,308 51,573,828 97,368,441 122,351,052 - -
Enterprise Value (EV) 2 70,894 88,654 100,555 70,491 97,368 137,288 125,949 115,578
P/E ratio 32 x 17.1 x 9.37 x 23.1 x -10.7 x 9.2 x 6.45 x 7.11 x
Yield 1.06% 0.99% 1.18% 1.6% 0.85% 0.83% 0.97% 1.07%
Capitalization / Revenue 2.38 x 2.54 x 2.09 x 1.16 x 2.97 x 1.89 x 1.53 x 1.45 x
EV / Revenue 2.63 x 2.78 x 2.34 x 1.58 x 2.97 x 2.12 x 1.57 x 1.37 x
EV / EBITDA 6.19 x 6.12 x 4.42 x 3.36 x 16.5 x 4.15 x 2.98 x 2.86 x
EV / FCF -9.57 x 39.5 x 14.4 x -16.7 x - 10.3 x 7.4 x 6.92 x
FCF Yield -10.5% 2.53% 6.95% -6% - 9.71% 13.5% 14.5%
Price to Book 1.34 x 1.56 x 1.53 x 0.81 x - 1.9 x 1.51 x 1.27 x
Nbr of stocks (in thousands) 684,002 684,002 687,621 687,651 688,116 688,139 - -
Reference price 3 94,100 118,500 131,000 75,000 141,500 177,800 177,800 177,800
Announcement Date 1/30/20 1/29/21 1/27/22 1/31/23 1/24/24 - - -
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 26,991 31,900 42,998 44,648 32,766 64,787 80,164 84,649
EBITDA 1 11,446 14,488 22,745 20,962 5,889 33,091 42,276 40,450
EBIT 1 2,713 5,010 12,410 7,007 -7,730 19,873 27,581 25,226
Operating Margin 10.05% 15.71% 28.86% 15.69% -23.59% 30.67% 34.41% 29.8%
Earnings before Tax (EBT) 1 2,443 6,237 13,416 4,200 -11,658 17,835 25,694 22,845
Net income 1 2,013 4,755 9,602 2,427 -9,112 13,401 19,613 17,864
Net margin 7.46% 14.91% 22.33% 5.44% -27.81% 20.68% 24.47% 21.1%
EPS 2 2,943 6,950 13,984 3,242 -13,244 19,319 27,563 25,022
Free Cash Flow 3 -7,410,303 2,245,909 6,986,917 -4,229,744 - 13,332,071 17,024,139 16,702,055
FCF margin -27,454.99% 7,040.47% 16,249.48% -9,473.54% - 20,578.17% 21,236.76% 19,730.96%
FCF Conversion (EBITDA) - 15,501.53% 30,718.82% - - 40,288.99% 40,268.99% 41,290.54%
FCF Conversion (Net income) - 47,231.56% 72,762.84% - - 99,486.92% 86,802.32% 93,496%
Dividend per Share 2 1,000 1,170 1,540 1,200 1,200 1,481 1,732 1,904
Announcement Date 1/30/20 1/29/21 1/27/22 1/31/23 1/24/24 - - -
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 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 11,805 12,377 12,156 13,811 10,983 7,699 5,088 7,306 12,394 9,066 11,306 12,430 15,436 17,706 19,435 18,923
EBITDA 1 6,882 6,691 6,264 7,682 5,220 1,793 154 612 - 1,541 3,582 6,073 8,029 9,612 10,678 12,125
EBIT 1 4,172 4,220 2,860 4,193 1,656 -1,701 -3,402 -2,882 - -1,792 346 2,886 4,580 5,973 6,915 6,961
Operating Margin 35.34% 34.09% 23.52% 30.36% 15.07% -22.09% -66.87% -39.45% - -19.77% 3.06% 23.22% 29.67% 33.73% 35.58% 36.79%
Earnings before Tax (EBT) 1 4,599 4,666 2,774 3,967 1,683 -4,224 -3,525 -3,788 - -2,470 -1,875 2,373 4,218 6,114 6,494 7,208
Net income 1 3,311 3,317 1,979 2,872 1,107 -3,530 -2,580 -2,991 - -2,184 -1,357 1,919 3,195 4,611 4,737 5,994
Net margin 28.05% 26.8% 16.28% 20.79% 10.08% -45.85% -50.71% -40.94% - -24.09% -12% 15.44% 20.69% 26.04% 24.37% 31.67%
EPS 2 4,813 4,825 2,877 4,175 1,609 -5,419 -3,751 -4,347 -8,098 -3,174 -1,972 2,788 5,293 7,475 8,507 8,415
Dividend per Share 2 - 1,540 300.0 300.0 300.0 300.0 300.0 - - - 300.0 300.0 300.0 300.0 979.8 300.0
Announcement Date 10/25/21 1/27/22 4/26/22 7/26/22 10/25/22 1/31/23 4/25/23 7/25/23 7/25/23 10/25/23 1/24/24 4/24/24 - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,529 7,600 10,477 18,917 - 14,937 3,598 -
Net Cash position 1 - - - - - - - 6,773
Leverage (Debt/EBITDA) 0.5704 x 0.5245 x 0.4606 x 0.9025 x - 0.4514 x 0.0851 x -
Free Cash Flow 2 -7,410,303 2,245,909 6,986,917 -4,229,744 - 13,332,071 17,024,139 16,702,055
ROE (net income / shareholders' equity) 4.25% 9.53% 16.8% 3.88% -15.6% 23.1% 25.8% 19.1%
ROA (Net income/ Total Assets) 3.14% 6.98% 11.5% 2.23% -8.92% 12.5% 15.4% 13%
Assets 1 64,137 68,157 83,780 108,965 102,101 107,034 126,970 137,480
Book Value Per Share 3 70,092 75,860 85,380 92,356 - 93,718 117,709 140,536
Cash Flow per Share 3 9,517 17,999 28,360 21,492 - 40,311 41,595 40,732
Capex 1 13,920 10,069 12,487 19,010 - 14,480 16,820 16,838
Capex / Sales 51.57% 31.56% 29.04% 42.58% - 22.35% 20.98% 19.89%
Announcement Date 1/30/20 1/29/21 1/27/22 1/31/23 1/24/24 - - -
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
37
Last Close Price
177,800 KRW
Average target price
228,750 KRW
Spread / Average Target
+28.66%
Consensus
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