- The operating profit for SK Telecom in the first quarter was 498.5 billion won. This was a slight increase from the previous year, up by 0.7%.
- The net profit also increased significantly from the previous year, landing at 353.0 billion won. This represents a 22% increase year over year.
- SK Telecom surpassed estimates for both their operating and net profit, which were 496.77 and 304.37 billion won respectively.
- Sales for the first quarter showed a modest increase, landing at 4.47 trillion won. This was 2.3% higher than the previous year.
- In terms of estimated sales, the company managed to exceed expectations. The sales estimate was 4.43 trillion won.
- As per the stock market sentiment, there were 25 buy ratings, 1 hold rating, and 1 sell rating for SK Telecom.
- All the comparisons made to past results were based on values reported by the company’s original disclosures.
SK Telecom on Smartkarma
SK Telecom has recently been under the analyst spotlight on Smartkarma, an independent investment research network. In a report titled “SK Telecom: Three Key Catalysts” by Douglas Kim, the focus is on the positive impacts that three key catalysts are expected to have on SK Telecom in the coming months. One notable point highlighted in the report is the potential widening gap between SK Telecom‘s dividend yield and the US 10-year treasury note yield, making SK Telecom‘s dividend yield more attractive for investors.
A look at SK Telecom Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SK Telecom Co., Ltd., a Korean mobile and telecommunications operator, presents a promising long-term outlook based on its Smartkarma Smart Scores. With strong scores in Value, Dividend, and Momentum, SK Telecom showcases solid fundamentals and growth potential. The company’s high Dividend score is indicative of its commitment to rewarding shareholders, while its favorable Value score suggests that it may be currently undervalued in the market. Furthermore, the robust Momentum score signals positive market sentiment and investor interest in SK Telecom.
However, SK Telecom‘s scores in Growth and Resilience stand at a moderate level. While the Growth score indicates room for further expansion and development, the slightly lower Resilience score implies some vulnerability to external pressures. Overall, SK Telecom‘s strategic positioning in the telecommunications sector, coupled with its strong performance across key factors, paints a positive picture for its long-term prospects in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
