Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

SK Chairman Chey Tae-Won To Pay 944 Billion Won to Roh So-Young in Divorce Payment

SK Inc Agrees To Sell Its 70.6% Stake in SK Siltron to Doosan Corp

Sale of 944 Billion Won of SK Inc By Chairman Chey to Pay for Divorce Payment

Doosan Corp to Acquire 100% Stake in SK Siltron - Positive Impact on SK Inc

SK Inc: Cancellation of 20.3% of Outstanding Shares

SK Inc: Selling 1.25 Trillion Won Worth of SK Biopharm Through a PRS Contract

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li>In this insight, I provide an updated SoTP valuation analysis of SK Inc (034730 KS) which I proposed as my 2026 High Conviction Idea on 4 December 2025.</li>
<li><em><strong>My updated sum-of-the parts (SoTP) analysis of SK Inc suggests implied NAV per share of 1,306,335 won per share which represents a 52% upside from current levels.  </strong></em></li>
<li>The biggest change in the valuation of SK Inc is its 32.1% stake in SK Square (402340 KS) which is now worth 80.4 trillion won.</li>
</ul>


In this insight, I provide an updated SoTP valuation analysis of SK Inc (034730 KS) which I proposed as my 2026 High Conviction Idea on 4 December 2025.
My updated sum-of-the parts (SoTP) analysis of SK Inc suggests implied NAV per share of 1,306,335 won per share which represents a 52% upside from current levels.  
The biggest change in the valuation of SK Inc is its 32.1% stake in SK Square (402340 KS) which is now worth 80.4 trillion won.


An Updated SoTP Valuation Analysis of SK Inc: 2026 High Conviction Idea