SK Telecom Co., Ltd.

SKM Communication Services Telecom Services

SK Telecom Co., Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $12.1 billion, down 4.13% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 406.3%, free cash flow fell 29.6% and total debt fell 4.25%, each against the same quarter a year earlier.

31.96 0.87 −2.65%
Market cap
$12.5B
P/E
25.5×
Fwd P/E
—
Dividend yield
0.00%
F-score
6/9
Altman Z
2.16
Beneish M
−3.00
Dividend safety
25/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.75%

Capital & Financial Ratios $m

Market Cap 12,480.00
Revenue 12,059.98
Net Income 498.86
Free Cash Flow 1,055.02
Net Debt 4,619.54
Current Ratio 1.25
Debt/Equity 0.56
P/E ratio 25.52
Fwd P/E —
P/S ratio 1.02
P/B ratio 1.13
Past 5Y EPS Growth (25.90%) (below 0%: weak)
This Y EPS Growth 260.96% (at or above 15%: strong)
Next Y EPS Growth 7.52%
Next Y revenue growth —
Next 5Y EPS Growth 61.30% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 93.18%
10-year low 10-year high
P/S against its own 10 years 69.96%
10-year low 10-year high
P/B against its own 10 years 84.85%
10-year low 10-year high
EV/Sales against its own 10 years 73.24%
10-year low 10-year high
EV/FCF against its own 10 years 62.59%
10-year low 10-year high

Dividends

Payout Ratio 0.00
Annual Dividend Rate 0.00
Annual Dividend Yield 0.00%
total individual payouts
2024 1.00
0.34
0.34
0.33
2023 1.47
0.35
0.35
0.35
0.42
2022 1.40
0.36
0.35
0.35
0.34
2021 19.73
0.24
0.23
19.26
2020 0.99
0.09
0.89
2019 0.90
0.09
0.81
2018 1.84
0.10
0.87
0.87
2017 1.13
0.10
0.10
0.94
2016 1.96
0.10
0.10
0.88
0.88
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,407 1,727 1,179 1,431
Receivables 1,858 1,651 1,585 1,642
Inventory 144 147 117 104
Other 234 301 284 305
5,268 5,234 4,709 5,105
2023 2024 2025 Q'26
Payables 112 89 78 82
ST’ Debt 1,297 1,722 786 742
Other 797 877 1,007 1,017
5,595 6,457 4,571 4,093

Compound Annual Growth %

10y 5y 3y
Sales (2.27%) (4.20%) (0.18%)
Cash Flow (1.96%) (10.02%) (8.72%)
Earnings (14.77%) (25.73%) (24.76%)
Book Value (3.99%) (14.21%) 2.15%

Revenue $m

Mar Jun Sep Dec Year
’26 3,075 3,051 — — —
’25 3,118 3,037 2,785 3,149 12,089
’24 3,580 3,096 3,172 2,761 12,609
’23 3,498 3,445 3,522 3,662 14,127
’22 3,422 3,432 3,040 2,259 12,153
’21 4,302 4,336 4,471 2,068 15,178
’20 3,560 3,682 3,785 3,952 14,979
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 745 845 — — —
’25 876 983 116 771 2,747
’24 895 777 999 890 3,561
’23 820 1,098 1,068 971 3,958
’22 1,036 1,153 464 959 3,612
’21 802 1,248 1,265 1,214 4,528
’20 778 1,530 1,313 1,037 4,658
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 480 535 — — —
’25 495 761 (334) 374 1,296
’24 426 472 657 271 1,825
’23 195 594 530 188 1,507
’22 435 712 (5) 345 1,487
’21 117 742 502 257 1,619
’20 (73) 975 541 377 1,821
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.57 0.81 — — —
’25 0.65 0.16 (0.30) 0.18 0.71
’24 0.68 0.63 0.51 0.63 2.45
’23 0.62 0.71 0.63 0.34 2.11
’22 0.45 0.53 0.44 0.28 1.69
’21 1.28 1.75 1.03 0.12 0.70
’20 0.64 0.87 0.77 0.84 3.18
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 28.86 33.67 37.33 34.96 23.18 26.56 18.32 18.26 19.88 19.66

Analyst estimates 2026–2028

Powerpack
High 38.17 47.38 47.73 45.54 41.61 55.34 28.10 22.61 24.58 23.80
People
People Employees 25,844 30,608 39,909 40,543 41,097 24,125 5,036 26,195 24,224 22,723
Revenue/emp, $m 0.60 0.52 0.39 0.35 0.36 0.63 2.41 0.54 0.52 0.53
Income, $m
Income, $m Revenue 15,443 15,797 15,421 14,278 14,979 15,178 12,153 14,127 12,609 12,089
Gross margin, % 81.43 82.32 82.80 83.98 85.72 86.79 87.03 87.43 87.32 87.42
EBT 1,887 3,063 3,618 930 1,502 1,546 865 1,191 1,233 506
EBT margin, % 12.22 19.39 23.46 6.51 10.02 10.19 7.12 8.43 9.78 4.18
Net income 1,494 2,392 2,850 690 1,200 2,177 663 917 971 263
Depreciation — — — — — — — — — —
Per share, $
Per share, $ Revenue 40.01 40.88 39.94 36.24 37.64 25.36 31.00 36.15 32.94 31.56
Earnings 3.87 6.03 7.34 1.89 3.18 0.70 1.69 2.11 2.45 0.71
Cash flow 9.89 8.98 10.21 8.09 11.70 7.57 9.21 10.13 9.30 7.17
Capex (7.20) (6.58) (7.62) (7.09) (7.13) (4.86) (5.42) (6.27) (4.53) (3.79)
Free cash flow 2.70 2.40 2.60 1.01 4.58 2.71 3.79 3.86 4.77 3.38
Book value 37.58 42.00 52.68 46.35 49.04 18.55 21.70 25.03 21.63 23.68
Shares, m 386 386 386 394 398 598 392 391 383 383
Valuation, ×
Valuation, × P/E 9.34 7.58 5.96 17.42 12.89 6.37 12.19 9.21 8.59 30.09
P/S 0.85 1.13 1.11 0.96 1.07 1.05 0.67 0.58 0.64 0.65
P/B 0.90 1.10 0.84 0.77 0.82 1.44 0.95 0.84 0.97 0.87
EV/Sales 1.16 1.42 1.51 1.47 1.48 1.49 1.07 1.00 1.00 1.06
EV/FCF 17.18 24.20 23.21 17.67 12.18 13.98 8.75 9.34 6.93 9.87
Cash, $m
Cash, $m Operating cash flow 3,819 3,470 3,943 3,189 4,658 4,528 3,612 3,958 3,561 2,747
Capex (2,778) (2,541) (2,941) (2,793) (2,836) (2,909) (2,125) (2,451) (1,736) (1,451)
Free cash flow 1,041 929 1,002 396 1,821 1,619 1,487 1,507 1,825 1,296
Balance, $m
Balance, $m Working capital (403) (817) 1,011 252 478 (547) (579) (327) (1,223) 138
Total debt 6,630 6,605 8,710 8,195 8,487 7,939 6,412 7,235 6,319 6,102
Net debt 4,757 4,608 6,210 6,359 6,122 6,664 4,928 5,828 4,592 4,923
Shareholders’ equity 14,505 16,226 20,338 18,259 19,517 11,102 8,509 9,783 8,279 9,069
Returns, %
Returns, % ROA 5.58 7.98 8.25 1.89 3.25 6.51 2.57 3.74 3.79 1.28
ROIC 3.81 3.31 1.79 2.03 2.15 4.54 5.19 5.63 5.75 3.28
ROE 10.62 15.13 15.49 3.63 6.37 14.07 6.51 9.41 9.54 3.14
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

SK Telecom Co., Ltd. vs peers in Telecom Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TELFY Telefonica SA $21.5B — (loss-making) 10.6× −5.45% (below 0%: shrinking) n/m −124.79% (below 0%: shrinking) 28.59% 10.79% Compare
VIV Telefonica Brasil S.A. $19.6B 25.1× 13.4× +20.64% (above 0%: growing) +33.01% (above 0%: growing) +3.07% (above 0%: growing) 45.54% 16.48% Compare
CHTR Charter Communications, Inc. $19.4B 2.8× 3.2× −1.74% (below 0%: shrinking) +14.35% (above 0%: growing) +45.18% (above 0%: growing) 39.27% 22.65% Compare
TIGO Millicom International Cellular SA $13.8B 20.8× 23.8× +59.40% (above 0%: growing) −83.95% (below 0%: shrinking) +66.11% (above 0%: growing) 75.26% 21.20% Compare
TLK PT Telekomunikasi Indonesia, Tbk $12.6B 8.1× — −8.61% (below 0%: shrinking) +5,809.09% (above 0%: growing) +3.00% (above 0%: growing) 100.00% 24.01% Compare
SKM SK Telecom Co., Ltd. $12.5B 25.5× — +0.47% (above 0%: growing) +406.25% (above 0%: growing) −29.63% (below 0%: shrinking) 89.10% 12.99%
GSAT Globalstar, Inc. $10.8B — (loss-making) — (loss-making) −3.54% (below 0%: shrinking) n/m −20.48% (below 0%: shrinking) 58.32% (7.37%) Compare
KT KT Corporation $8.9B 9.9× — −10.06% (below 0%: shrinking) −39.60% (below 0%: shrinking) −46.85% (below 0%: shrinking) 9.71% 9.71% Compare
TIMB TIM S.A. Sponsored ADR $8.8B 11.0× 13.4× +18.33% (above 0%: growing) +14.29% (above 0%: growing) +17.75% (above 0%: growing) 55.35% 24.42% Compare
Median of peers $13.2B 10.5× 13.4× −2.64% +14.32% +3.04% 50.45% 18.84%

All 55 Telecom Services stocks →

SK Telecom Co., Ltd. (SKM) key facts

  • Concern: SK Telecom Co., Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $12.1 billion, down 4.13% from fiscal 2024.
  • SK Telecom Co., Ltd. (SKM) is a Telecom Services company in the Communication Services sector, traded in the US as an ADR.
  • As of October 16, 2026, SKM traded at $31.96, a market capitalization of $12.5 billion.
  • SK Telecom Co., Ltd. does not currently pay a dividend.
  • Return on equity was 3.14% and debt-to-equity 0.56.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.16 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.

SK Telecom Co., Ltd. (SKM) Latest News

9 Aug

stockrow.com/SKM · Data as of Oct 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com