KOSE:A000660

Stock Analysis Report

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Executive Summary

SK hynix, Inc., together with its subsidiaries, manufactures, distributes, and sells semiconductor products worldwide. More Details


Snowflake Analysis

High growth potential with excellent balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has SK hynix's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A000660 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: A000660's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-1.1%

A000660

-0.8%

KR Semiconductor

0.4%

KR Market


1 Year Return

51.2%

A000660

49.8%

KR Semiconductor

48.3%

KR Market

Return vs Industry: A000660 exceeded the KR Semiconductor industry which returned 47.6% over the past year.

Return vs Market: A000660 exceeded the KR Market which returned 46.1% over the past year.


Shareholder returns

A000660IndustryMarket
7 Day-1.1%-0.8%0.4%
30 Day12.0%3.1%-3.6%
90 Day21.7%19.2%9.1%
1 Year52.7%51.2%51.2%49.8%52.6%48.3%
3 Year76.0%68.1%57.5%50.4%30.6%21.5%
5 Year390.5%356.0%199.7%172.1%64.7%44.9%

Long-Term Price Volatility Vs. Market

How volatile is SK hynix's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A000660 (₩140000) is trading below our estimate of fair value (₩288596.39)

Significantly Below Fair Value: A000660 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A000660 is poor value based on its PE Ratio (33.4x) compared to the KR Semiconductor industry average (20.6x).

PE vs Market: A000660 is poor value based on its PE Ratio (33.4x) compared to the KR market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: A000660 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: A000660 is overvalued based on its PB Ratio (1.9x) compared to the KR Semiconductor industry average (1.8x).


Next Steps

Future Growth

How is SK hynix forecast to perform in the next 1 to 3 years based on estimates from 32 analysts?

50.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A000660's forecast earnings growth (50.8% per year) is above the savings rate (3.7%).

Earnings vs Market: A000660's earnings (50.8% per year) are forecast to grow faster than the KR market (30.5% per year).

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

Revenue vs Market: A000660's revenue (16.8% per year) is forecast to grow faster than the KR market (10.9% per year).

High Growth Revenue: A000660's revenue (16.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A000660's Return on Equity is forecast to be high in 3 years time (23.7%)


Next Steps

Past Performance

How has SK hynix performed over the past 5 years?

5.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A000660 has high quality earnings.

Growing Profit Margin: A000660's current net profit margins (9.3%) are lower than last year (18.3%).


Past Earnings Growth Analysis

Earnings Trend: A000660's earnings have grown by 5.4% per year over the past 5 years.

Accelerating Growth: A000660's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A000660 had negative earnings growth (-47.7%) over the past year, making it difficult to compare to the Semiconductor industry average (17.3%).


Return on Equity

High ROE: A000660's Return on Equity (5.7%) is considered low.


Next Steps

Financial Health

How is SK hynix's financial position?


Financial Position Analysis

Short Term Liabilities: A000660's short term assets (₩17,036.2B) exceed its short term liabilities (₩8,851.6B).

Long Term Liabilities: A000660's short term assets (₩17,036.2B) exceed its long term liabilities (₩9,916.5B).


Debt to Equity History and Analysis

Debt Level: A000660's debt to equity ratio (23.2%) is considered satisfactory.

Reducing Debt: A000660's debt to equity ratio has increased from 19.9% to 23.2% over the past 5 years.

Debt Coverage: A000660's debt is well covered by operating cash flow (99.2%).

Interest Coverage: A000660's interest payments on its debt are well covered by EBIT (19.5x coverage).


Balance Sheet


Next Steps

Dividend

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

0.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A000660's dividend (0.71%) is higher than the bottom 25% of dividend payers in the KR market (0.7%).

High Dividend: A000660's dividend (0.71%) is low compared to the top 25% of dividend payers in the KR market (2.35%).


Stability and Growth of Payments

Stable Dividend: A000660's dividend payments have been volatile in the past 10 years.

Growing Dividend: A000660's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.8%), A000660's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A000660's dividends in 3 years are forecast to be thoroughly covered by earnings (12% payout ratio).


Next Steps

Management

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

3.0yrs

Average board tenure


CEO

SK hynix has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Seok-Hee Lee
CEO & Inside Director4yrsno data0.000010%
₩ 9.6m
Yung Ku Ha
Independent Outside Director2yrsno datano data
Jung-Ho Park
Non Executive Directorno datano data0.00031%
₩ 296.9m
Chang-Hwan Shin
Independent Outside Director4yrsno datano data
Hyun-Jae Cho
Independent Outside Director3yrsno datano data
Ho-Keun Song
Independent Outside Director3yrsno datano data
Tae-Hwa Yoon
Independent Outside Director3yrsno datano data
Jong-Hoon Oh
Inside Director2yrsno datano data
Han Ae-Ra
Director1yrno datano data

3.0yrs

Average Tenure

57yo

Average Age

Experienced Board: A000660's board of directors are considered experienced (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 hynix, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SK hynix, Inc.
  • Ticker: A000660
  • Exchange: KOSE
  • Founded: 1983
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: ₩95.760t
  • Shares outstanding: 684.00m
  • Website: https://www.skhynix.com

Number of Employees


Location

  • SK hynix, Inc.
  • 2091 Gyeongchung-daero
  • Bubal-eup
  • Icheon-Si
  • Gyeonggi-do
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A000660KOSE (Korea Stock Exchange)YesCommon StockKRKRWDec 1996
HYNSEBDL (Bourse de Luxembourg)SPONS GDR REG SLUUSDOct 2005
HY9HDB (Deutsche Boerse AG)SPONS GDR REG SDEEUROct 2005

Biography

SK hynix, Inc., together with its subsidiaries, manufactures, distributes, and sells semiconductor products worldwide. The company offers memory semiconductor products, including DRAM, NAND flash, multi-ch...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 08:35
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.