| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 73 | 30.3x | 17.8x | Top tier | |
Growth | 21 | -4.4% | 7.1% | Bottom tier | |
Quality | 81 | 8.1% | 4.5% | Top tier | |
Safety | 63 | 2.0x | 2.6x | Around median | |
Capital Return | 100 | — | 2.12% | Top tier | |
Momentum | 78 | 56.8% | 2.9% | Top tier | |
Sentiment | 2 | 1 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
SK Telecom operates in mobile and fixed telecommunications services and derives a core portion of its revenue from mobile subscribers and telecommunications plans, alongside fixed broadband services, data centers, and artificial intelligence solutions for individuals and businesses. In Q1 FY2026, growth in mobile subscribers supported MNO revenue, while the fixed-line business benefited from net subscriber additions, a higher share of subscribers on higher-priced plans, including Giga plans, and improved customer retention. The AI data center business also expanded thanks to Pangyo Data Center and increased utilization of Gasan Data Center, alongside the construction of Ulsan AI Data Center.
In Q1 FY2026, consolidated revenue reached KRW 4.39 trillion, up 1.5% from the previous quarter, while operating income was KRW 537.6 billion, representing a calculated operating margin of approximately 12.2%. The company recorded a net addition of approximately 210 thousand mobile subscribers, or 208 thousand according to the details provided in the question-and-answer session, while AI data center revenue increased 89% year over year. The company did not disclose the profitability of this business separately, but said its profitability is comparable to that of the existing telecommunications business.
The annual statements show a positive trend, although revenue growth remained moderate: revenue increased from $17,608.5 billion in FY2023 to $17,940.6 billion in FY2024, or approximately 1.9%, while net income rose from $1,145.9 billion to $1,387.1 billion, or approximately 21.0%. Earnings per share increased from 4,950 in FY2023 to 5,765 in FY2024. The available data do not include gross profit or a complete numerical revenue breakdown by segment, so the assessment of the operating mix is based on the MNO, fixed-line, and AI data center indicators disclosed in the Q1 FY2026 call.
The available analyst consensus is “Buy,” but the data do not include a consensus price target or a high-low target range, so a reliable comparison cannot be made between analyst valuation and the 52-week range of $19.66–$47.18. The price-to-earnings ratio is also unavailable, making the valuation assessment more dependent on the recovery in operating earnings, AI data center growth, and the sustainability of subscriber recovery, while the substantial width of the 52-week range remains evidence of repricing volatility.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Consolidated revenue reached KRW 4.39 trillion in Q1 FY2026, up 1.5% from the previous quarter. The company recorded operating income of KRW 537.6 billion, representing a calculated operating margin of approximately 12.2%. It also achieved a net addition of 208 thousand mobile subscribers, while AI data center revenue increased 89% year over year.
Management said on May 7, 2026, that the earnings trend had turned upward and approached pre-cybersecurity incident levels. FY2026 began with approximately 986 thousand fewer mobile subscribers year over year, after which the company achieved a net addition of 208 thousand in Q1 FY2026. The company plans to target new segments, including foreigners, while avoiding excessive spending competition and focusing on customers with high lifetime value.
AI data center revenue increased 89% year over year in Q1 FY2026, supported by Pangyo Data Center and increased utilization of Gasan Data Center. Management confirmed that the profitability of this business is comparable to that of the existing telecommunications business, but did not disclose a separate margin or operating profit. The company continues to construct Ulsan AI Data Center and is considering further expansion in areas including Seoul in response to demand that it described as growing among global technology companies.
Automated analysis for informational purposes only — not investment advice.
SK Telecom resumed quarterly dividends for Q1 FY2026 at KRW 830 per share. Management did not specify the total dividend for FY2026, explaining that the board would consider performance and the financial structure once annual earnings become clear. The company also transferred KRW 1.7 trillion from capital reserves to retained earnings at the shareholders’ meeting in March, enabling tax-exempt dividends beginning with the FY2026 year-end dividend, according to the call.
SK Telecom believes AI-RAN could improve base-station operations by predicting failures and optimizing data traffic, resources, and energy efficiency, and could enable services such as inference and media processing. The company is participating in research and standardization with Samsung, DOCOMO, and NVIDIA. However, management said in the May 7, 2026 call that the technology remains at an early stage and that adoption depends on maturity, standardization, and validation in commercial networks, and it did not announce revenue or a commercialization timeline.
Revenue increased from $17,608.5 billion in FY2023 to $17,940.6 billion in FY2024, or approximately 1.9%. Net income rose from $1,145.9 billion to $1,387.1 billion, or approximately 21.0%. Earnings per share also increased from 4,950 to 5,765, while the provided statements did not include a gross profit figure.
