SK Telecom Co Ltd ADR Dossier
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SectorCommunication Services IndustryTelecom Services Beta (adjusted)0.83 Intrinsic Value $1,200.47median of 4 methodsbased on filings through 31 Dec 2024 Market Price $35.59Price as of 1 Oct 2026 Significantly undervaluedIntrinsic value is 3273% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% marker beyond scale (+3,273%) Data confidence Sign in to view data confidence Market Cap $13.7B Shares Outstanding 383.9M diluted Next Earnings Date5 Nov 2026 Last ex-dividend29 May 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary SK Telecom's operating recovery and rapidly expanding AI data-center activity are constructive, but the investment case remains balanced by the capital intensity and execution complexity of its multi-gigawatt infrastructure ambitions, required transaction approvals, and the continuing importance of restoring customer trust after the 2025 cybersecurity incident. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$30.00 Mean target$34.57 High · most bullish analyst$40.00 Street targets sit below today's price; our intrinsic value sits above it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $30.0023% AI infrastructure projects encounter financing, approval, power, customer, or construction delays; AIDC growth decelerates materially; or telecommunications customer recovery weakens following the 2025 cybersecurity disruption. These outcomes would reduce confidence that the large capacity ambition can generate adequate shareholder returns. Base CaseCentral scenario $34.5756% Matches the consensus meanCore telecommunications profitability remains stable, customer recovery continues, and AI data centers become an increasingly meaningful growth contributor while SK Horizon and SK Hyper advance without major delays. Execution proceeds more gradually than the long-range capacity ambition implies. Bull CaseUpside scenario $40.0021% AI data-center revenue sustains strong growth, the KRW 3.08 trillion SK Horizon investment closes as planned, and SK Telecom converts its operating platform and partnerships into credible progress toward phased 5 GW deployment from 2029 and 15 GW by 2035. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |