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A096

SK Innovation KOSE:A096770 Stock Report

Last Price

₩206.50k

Market Cap

₩17.3t

7D

2.0%

1Y

-22.4%

Updated

15 May, 2022

Data

Company Financials +
A096770 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends2/6

A096770 Stock Overview

SK Innovation Co., Ltd., together with its subsidiaries, operates as an energy and chemical company worldwide.

SK Innovation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SK Innovation
Historical stock prices
Current Share Price₩206,500.00
52 Week High₩298,714.14
52 Week Low₩188,500.00
Beta1.22
1 Month Change-0.48%
3 Month Change0.98%
1 Year Change-22.39%
3 Year Change24.27%
5 Year Change24.27%
Change since IPO23.17%

Recent News & Updates

Mar 28
Is SK Innovation (KRX:096770) Using Debt Sensibly?

Is SK Innovation (KRX:096770) Using Debt Sensibly?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

A096770KR Oil and GasKR Market
7D2.0%0.4%-1.8%
1Y-22.4%-11.1%-15.2%

Return vs Industry: A096770 underperformed the KR Oil and Gas industry which returned -11.1% over the past year.

Return vs Market: A096770 underperformed the KR Market which returned -15.2% over the past year.

Price Volatility

Is A096770's price volatile compared to industry and market?
A096770 volatility
A096770 Average Weekly Movement4.9%
Oil and Gas Industry Average Movement4.2%
Market Average Movement5.6%
10% most volatile stocks in KR Market10.4%
10% least volatile stocks in KR Market3.2%

Stable Share Price: A096770 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: A096770's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19622,388Jun Kimhttps://www.skinnovation.com

SK Innovation Co., Ltd., together with its subsidiaries, operates as an energy and chemical company worldwide. It operates through Petroleum, Petrochemicals, Lubricants, Battery, LiBS, and Others segments. The company explores for and produces crude oil; produces fuels, such as gasoline, diesel, and kerosene; and base oil, lubricants, basic chemicals, asphalt and naphtha, chemical solvents, and synthetic rubber products, as well as imports crude oil and naphtha.

SK Innovation Fundamentals Summary

How do SK Innovation's earnings and revenue compare to its market cap?
A096770 fundamental statistics
Market Cap₩17.35t
Earnings (TTM)₩256.24b
Revenue (TTM)₩46.84t

68.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A096770 income statement (TTM)
Revenue₩46.84t
Cost of Revenue₩42.66t
Gross Profit₩4.18t
Other Expenses₩3.93t
Earnings₩256.24b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.03k
Gross Margin8.93%
Net Profit Margin0.55%
Debt/Equity Ratio80.6%

How did A096770 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

83%

Payout Ratio

Valuation

Is SK Innovation undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


68.09x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: A096770 (₩206500) is trading above our estimate of fair value (₩37120.95)

Significantly Below Fair Value: A096770 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: A096770 is poor value based on its PE Ratio (68.1x) compared to the KR Oil and Gas industry average (7x).

PE vs Market: A096770 is poor value based on its PE Ratio (68.1x) compared to the KR market (14.2x).


Price to Earnings Growth Ratio

PEG Ratio: A096770 is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: A096770 is overvalued based on its PB Ratio (1x) compared to the KR Oil and Gas industry average (0.8x).


Future Growth

How is SK Innovation forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


38.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A096770's forecast earnings growth (38.1% per year) is above the savings rate (3.5%).

Earnings vs Market: A096770's earnings (38.1% per year) are forecast to grow faster than the KR market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A096770's revenue (11.4% per year) is forecast to grow faster than the KR market (9.7% per year).

High Growth Revenue: A096770's revenue (11.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A096770's Return on Equity is forecast to be low in 3 years time (9.6%).


Past Performance

How has SK Innovation performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-53.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A096770 has a large one-off gain of ₩257.5B impacting its December 31 2021 financial results.

Growing Profit Margin: A096770 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: A096770's earnings have declined by 53.8% per year over the past 5 years.

Accelerating Growth: A096770 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: A096770 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-6.1%).


Return on Equity

High ROE: A096770's Return on Equity (2.3%) is considered low.


Financial Health

How is SK Innovation's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A096770's short term assets (₩21,474.9B) exceed its short term liabilities (₩14,512.4B).

Long Term Liabilities: A096770's short term assets (₩21,474.9B) exceed its long term liabilities (₩15,411.8B).


Debt to Equity History and Analysis

Debt Level: A096770's net debt to equity ratio (42.9%) is considered high.

Reducing Debt: A096770's debt to equity ratio has increased from 35.9% to 80.6% over the past 5 years.

Debt Coverage: A096770's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: A096770's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


Dividend

What is SK Innovation current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A096770's dividend (1.21%) is higher than the bottom 25% of dividend payers in the KR market (0.85%).

High Dividend: A096770's dividend (1.21%) is low compared to the top 25% of dividend payers in the KR market (2.75%).


Stability and Growth of Payments

Stable Dividend: A096770's dividend payments have been volatile in the past 10 years.

Growing Dividend: A096770's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (82.8%), A096770's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: A096770 is paying a dividend but the company has no free cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average board tenure


CEO

Jun Kim (60 yo)

5.42yrs

Tenure

Mr. Jun Kim has been Chief Executive Officer and President of SK Innovation Co., Ltd. since December 21, 2016 and has been its Executive Director since March 24, 2017. Mr. Kim serves as the Chief Executive...


Board Members

Experienced Board: A096770's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SK Innovation Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: SK Innovation Co., Ltd.
  • Ticker: A096770
  • Exchange: KOSE
  • Founded: 1962
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Implied Market Cap: ₩17.345t
  • Shares outstanding: 84.49m
  • Website: https://www.skinnovation.com

Number of Employees


Location

  • SK Innovation Co., Ltd.
  • SK Building
  • 26 Jongro
  • Seoul
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.