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Korea's largest wireless carrier; part of SK Group, also building AI and data-center businesses.
Korea's largest wireless carrier; part of SK Group, also building AI and data-center businesses.
Earns monthly subscription fees from mobile customers, plus broadband and TV through SK Broadband and fees from enterprise services. The 2021 spin-off of its investment holdings into SK Square, which owns the stake in SK hynix, left a more telecom-focused company that is now building AI services and data centers.
In one line: Korea's Verizon.
Moat: narrow (network effects, scale, installed base). Largest spectrum/network share and subscriber base in Korea's oligopoly market.
Headquarters: Seoul, South Korea · Founded: 1984 · Employees: 5,316
Size SKTelecom (017670.KS) is a South Korea Communication Services company (Wireless Telecommunications) with a market value of $12.1B, the 36th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩77,700 on 6 Nov 2026.
Performance Over six months the shares fell 17.6%, against -1.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 1.7% over the last twelve months (peer median +7.8%); the operating margin is 10.1% (peer median 15.6%).
Valuation It trades at 12.3× forward earnings against a peer median of 14.6× (8th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.8 points above its cost of capital (5.6% WACC).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩17.6T | ₩17.1T | ₩17.9T | ₩17.6T | ₩17.3T |
| Revenue growth | — | -5% | +2% | +2% | — |
| Gross profit | n/a | ₩3.25T | ₩3.81T | ₩3.74T | ₩3.46T |
| EBITDA | n/a | ₩4.54T | ₩5.38T | ₩5.36T | ₩5.23T |
| Net income | ₩1.30T | ₩389B | ₩1.23T | ₩1.08T | ₩898B |
| Free cash flow | n/a | ₩1.70T | ₩2.58T | ₩1.96T | ₩2.24T |
| Capital expenditure | n/a | ₩2.32T | ₩2.56T | ₩3.08T | ₩3.05T |
| Total debt | n/a | ₩10.8T | ₩11.2T | ₩11.1T | ₩11.5T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| SKTelecom 017670.KS | $12.1B | -18% | +2% | 10% | 12.3× | -9.8% |
| KT 030200.KS | $9.46B | -12% | +9% | 7% | 9.0× | -4.1% |
| LG Uplus 032640.KS | $5.17B | +6% | 0% | 7% | 9.8× | -17.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 017670.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.1% | +1.0% | 2nd lowest of 21 |
| 6-month return | -17.6% | -1.5% | 8th lowest of 21 |
| Distance from 52-week high | -44.3% | -20.7% | 2nd lowest of 21 |
| Revenue growth (TTM) | +1.7% | +7.8% | 8th lowest of 21 |
| Operating margin | 10.1% | 15.6% | 7th lowest of 21 |
| Forward P/E | 12.3× | 14.6× | 8th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | -9.8% | 3.6% | 4th least demanding of 20 |
| Growth delivered (Del g) | +1.2% | +4.3% | 5th lowest of 19 |
| Hurdle (Req g minus delivered) | -11.0 pp | -3.1 pp | 5th least demanding of 19 |
| ROIC minus cost of capital | +4.8 pp | +1.3 pp | 7th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SKTelecom 017670.KS | South Korea | $12.1B | -18% | +2% | 10% | 12.3× | -9.8% | +1.2% |
| Far Eastone Telecommunications 4904.TW | Taiwan | $12.2B | +17% | +10% | 15% | 26.1× | 3.8% | +6.8% |
| Globalstar GSAT | United States | $10.9B | +3% | +8% | 5% | n/a | n/a | n/a |
| Airtel Africa AAF.L | United Kingdom | $13.5B | -33% | +27% | 34% | 14.6× | -1.2% | +10.0% |
| Telecom Italia TIT.MI | Italy | $13.6B | -20% | 0% | 11% | 31.8× | 5.3% | -2.8% |
| Millicom International Cellular TIGO | United States | $13.9B | +3% | +29% | 23% | 22.9× | 3.6% | +6.9% |
| PT Telkom Indonesia (Persero) Tbk Sponsored ADR TLK | United States | $10.3B | -35% | -3% | 24% | 9.5× | -16.1% | -1.1% |
| TELUS T.TO | Canada | $14.5B | -27% | -1% | 15% | 17.5× | 2.6% | +5.8% |
| Vodafone Idea IDEA.NS | India | $14.6B | +14% | +3% | -6% | n/a | 29.6% | +1.3% |
| Bharti Hexacom BHARTIHEXA.NS | India | $8.84B | +10% | +8% | 29% | 36.6× | 33.4% | +15.2% |
| TIM S.A. Sponsored ADR TIMB | United States | $8.61B | -24% | +14% | 25% | 9.4× | -12.4% | +7.3% |
| Telefonica Brasil SA Sponsored ADR VIV | United States | $18.2B | -27% | +16% | 16% | 10.7× | -3.6% | +5.0% |
| Rogers Communications RCI-B.TO | Canada | $18.3B | -6% | +8% | 23% | 10.7× | 1.1% | +9.3% |
| Elisa ELISA.HE | Finland | $6.11B | -17% | 0% | 20% | 14.3× | -2.7% | +3.6% |
| TPG Telecom TPG.AX | Australia | $5.58B | +1% | -5% | 8% | 34.8× | 8.1% | +3.0% |
| Orange Polska OPL.WA | Poland | $5.53B | +7% | +5% | 9% | 19.4× | 13.2% | +2.7% |
| VEON Ltd. Sponsored ADR VEON | United States | $4.95B | +57% | +15% | 23% | 11.2× | -4.8% | -9.1% |
| Vodafone Group Public VOD.L | United Kingdom | $36.3B | +4% | +11% | 10% | 12.1× | 4.2% | -2.2% |
| Turkcell Iletisim Hizmetleri A.S. Sponsored ADR TKC | United States | $4.02B | -31% | +16% | 15% | 8.0× | -12.0% | +8.1% |
| Sunrise Communications SUNN.SW | Switzerland | $3.92B | +2% | -1% | 3% | n/a | 21.2% | n/a |
| Telstra TLS.AX | Australia | $39.0B | -4% | -1% | 16% | 24.2× | 5.6% | +1.2% |