Sk Telecom Co Stock Return On Equity
| 017670 Stock | 58,300 1,500 2.64% |
SK Telecom Co fundamentals help investors to digest information that contributes to SK Telecom's financial success or failures. It also enables traders to predict the movement of 017670 Stock. The fundamental analysis module provides a way to measure SK Telecom's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SK Telecom stock.
017670 |
SK Telecom Co Company Return On Equity Analysis
SK Telecom's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current SK Telecom Return On Equity | 0.0774 |
Most of SK Telecom's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SK Telecom Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, SK Telecom Co has a Return On Equity of 0.0774. This is much higher than that of the Wireless Telecommunication Services sector and significantly higher than that of the Communication Services industry. The return on equity for all Republic of Korea stocks is notably lower than that of the firm.
017670 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SK Telecom's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SK Telecom could also be used in its relative valuation, which is a method of valuing SK Telecom by comparing valuation metrics of similar companies.SK Telecom is currently under evaluation in return on equity category among its peers.
017670 Fundamentals
| Return On Equity | 0.0774 | |||
| Return On Asset | 0.0324 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 20.07 T | |||
| Shares Outstanding | 218.03 M | |||
| Shares Owned By Insiders | 30.03 % | |||
| Shares Owned By Institutions | 28.64 % | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 0.62 X | |||
| Revenue | 16.75 T | |||
| Gross Profit | 12.6 T | |||
| EBITDA | 5.71 T | |||
| Net Income | 2.41 T | |||
| Total Debt | 7.39 T | |||
| Cash Flow From Operations | 5.03 T | |||
| Earnings Per Share | 989.99 X | |||
| Price To Earnings To Growth | 11.80 X | |||
| Target Price | 68183.0 | |||
| Number Of Employees | 10 | |||
| Beta | 0.59 | |||
| Market Capitalization | 10.4 T | |||
| Total Asset | 30.91 T | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.07 % | |||
| Net Asset | 30.91 T | |||
| Last Dividend Paid | 3320.0 |
About SK Telecom Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SK Telecom Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SK Telecom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SK Telecom Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with SK Telecom
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SK Telecom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SK Telecom will appreciate offsetting losses from the drop in the long position's value.Moving against 017670 Stock
| 0.53 | 217270 | Daishin Balance 1 | PairCorr |
| 0.53 | 215480 | Daewoo SBI SPAC | PairCorr |
| 0.5 | 241840 | ASTORY CoLtd | PairCorr |
The ability to find closely correlated positions to SK Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Telecom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SK Telecom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SK Telecom Co to buy it.
The correlation of SK Telecom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SK Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Telecom moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SK Telecom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in 017670 Stock
When determining whether SK Telecom is a strong investment it is important to analyze SK Telecom's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SK Telecom's future performance. For an informed investment choice regarding 017670 Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SK Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.