External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives.

External broker reports(aggregated public sources)

Mirae Asset Securities Co.,Ltd. provides comprehensive wealth management services. The Company offers fixed income securities brokerage, securities dealing, equity underwriting, and other services. Mirae Asset Securities also deals with mergers and acquisitions, foreign currency, and financial derivatives

Equity Bottom-Up

<ul><li>We maintain our target price of W1,540,000 for SK Hynix.</li><li>We raised our earnings estimates to reflect the uptrend in memory prices but left our target price unchanged, as it still implies sufficient upside from the current share price.</li><li>The stock’s 12-month forward P/E (2.9x) remains low in absolute terms, while P/B (1.7x) is in line with the historical average and undemanding relative to the company’s elevated ROE level.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We maintain our target price of W1,540,000 for SK Hynix.We raised our earnings estimates to reflect the uptrend in memory prices but left our target price unchanged, as it still implies sufficient upside from the current share price.The stock’s 12-month forward P/E (2.9x) remains low in absolute terms, while P/B (1.7x) is in line with the historical average and undemanding relative to the company’s elevated ROE level.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

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