SK hynix Inc. (000660.KS)

Valuation as at 2026-08-29 · see also the KOSPI 200 Most Undervalued screen

About SK hynix Inc.

SK hynix Inc. through its subsidiaries, engages in research, develops, manufactures, distributes, and sells semiconductor devices in Korea, China, rest of Asia, the United States, Europe, and internationally. It offers DRAM, such as server memory, graphics memory, mobile memory, PC memory, consumer memory; NAND flash memory; SSD; and MCP products.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

SK hynix Inc. 000660.KS

Technology · Semiconductors

Price
₩1,653,000.00
Market Cap
₩1173390.17B
Free Cash Flow
₩9690.02B 4yr avg margin
Beta
2.40
P/E (TTM)
N/A
52-Week Range
₩255,000.00–₩2,987,000.00

SK hynix Inc.'s price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-29

Share price · last 2 years

₩1,653,000.00 +852% vs 2024-08
KOSPI Composite ₩173,700.00₩199,200.00₩292,000.00₩530,000.00₩1,286,000.00₩1,653,000.00 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

₩56,670.00 +397% vs Q1 '25
₩11,411.00₩9,580.00₩17,850.00₩56,670.00Q1 '25Q2 '25Q3 '25Q1 '26

Free cash flow Per quarter

₩18464.75B +619% vs Q1 '25
₩2568.98B₩4544.68B₩9064.14B₩8615.98B₩18464.75BQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26

Dividend per share Per year

₩2,365.03 -3% vs FY22
₩2,444.20₩1,199.89₩1,186.70₩2,365.03FY22FY23FY24FY25

Value investing scale · Buffett · Dalio · Graham

Strong Fit
13 / 20 combined score

5 criteria had no data

See the full Buffett, Dalio & Graham breakdown for 000660.KS →

📊 Cyclical company — this uses the average FCF margin across the last 4 years (5.1% of revenue) instead of the latest year alone, to avoid over- or under-valuing at a cycle extreme. Yahoo's data only covers up to 4 years, shorter than a full commodity cycle — a known limitation, not hidden here.

Intrinsic value estimate · 5-year forecast

BEAR
₩190,706.64
vs current ₩1,653,000.00
-88.5% ❌ Overvalued
BASE
₩248,921.72
vs current ₩1,653,000.00
-84.9% ❌ Overvalued
BULL
₩287,756.41
vs current ₩1,653,000.00
-82.6% ❌ Overvalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
₩9690.02B
Cyclical company — average FCF margin across the last 4 years (5.1% of revenue), not the latest year alone, to avoid over/under-valuing at a cycle extreme
Risk-free rate
3.90%
Fixed market seed
Beta
2.40
Floored for non-US stocks
Equity risk premium
7.50%
Market-specific seed
Cost of debt
4.50%
Synthetic rating AAA, ICR 51.1x
Tax rate
25.00%
Estimated default
Capital structure
E 98% / D 2%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth12.5%25.0%30.0%
Terminal growth1.8%1.8%1.8%
WACC (discount rate)22.54%21.54%20.54%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 3.90% + 2.40 × 7.50% = 21.86% · WACC = weighted by 98%/2% capital structure

These numbers come from running SK hynix Inc.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or 000660.KS's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with 000660.KS →

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full DCF tool and the KOSPI 200 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is SK hynix Inc. (000660.KS) undervalued?

The Base-case DCF estimates intrinsic value at ₩248,921.72 vs a price of ₩1,653,000.00 on 2026-08-29 — a -84.9% margin, so the Base case reads overvalued. This is a mechanical output, not advice.