SK Square Co., Ltd.

₩724,000As of Sun 8 Nov 2026, 12:00 UTC

KRX:402340Financials

Country South Korea

PE (Fwd) •••

TSR 5Y CAGR 61.47%

Div yield 0.21%

ROE 84.87%

Asset Management

Beta (5Y) 2.48

PE TTM 2.920

TSR TTM 178.82%

Mkt cap ₩95.40T

ROIC 70.77%

SE Grade™

Value

Quality

Moat

Consensus

Reference

₩706,332

(2.44%)

(96.76%)

Hold 7|4|8|9|9

TTM

FYE 31 Dec KRW

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

6,945

Revenue₩B

15,578

17,051

18,384

19,738

21,713

23,602

24,919

27,349

28,993

31,498

7,768

7.72%

8.31%

2.85

Revenue growth%

5.55

7.11

9.53

9.13

11.24

8.78

9.53

8.21

6.70

7.18

12.92

8.21

8.49

22.35

Gross margin%

19.21

18.66

16.01

17.54

16.70

18.84

21.72

21.69

22.22

23.45

22.55

21.72

19.02

28.27

Operating margin%

8.71

8.67

7.98

9.94

7.08

5.25

4.88

3.72

2.36

0.51

11.70

3.72

6.16

19.52

Net margin%

33.28

35.90

38.30

37.51

36.38

33.94

34.15

36.14

34.06

33.19

4.52

34.06

35.02

33.02

P/E ratio (avg)x

39.61

43.66

49.47

54.55

53.52

59.49

57.35

63.26

70.48

80.15

36.87

63.26

55.95

14.08

EV/EBITx

52.20

52.21

61.73

71.13

71.86

71.44

76.11

79.38

78.59

79.82

6.334

78.59

71.65

26.70

FCF yield (avg)%

18.31

20.01

20.06

18.20

16.71

13.92

16.20

13.38

12.71

12.90

27.11

13.38

16.46

29.93

FCF margin%

22.09

23.53

21.42

20.39

18.00

18.17

20.27

21.33

22.66

20.46

3.26

20.46

20.90

0.857

FCF / Net incomex

0.544

0.487

0.515

0.480

0.437

0.432

0.436

0.399

0.436

0.404

1.597

0.432

0.437

21.33

ROIC%

13.93

15.54

13.89

11.23

14.14

12.41

12.71

14.97

13.01

10.78

17.51

12.71

13.45

21.48

Return on equity%

17.65

16.93

19.46

18.06

17.76

16.34

16.64

15.23

14.39

16.83

2.33

16.34

16.88

4.80

Return on assets%

15.86

15.61

13.94

11.97

14.82

13.25

13.10

14.69

13.61

15.88

22.46

13.61

14.31

31,633

EPS₩

65,150

63,330

71,388

79,695

75,181

80,472

89,184

102,054

117,364

122,193

32,885

10.20%

5.82%

—

15.92

EPS growth%

0.40

1.92

4.31

1.97

0.40

2.60

3.32

4.07

6.72

6.43

17.07

4.07

2.96

26,345

Bookvalue per sh₩

32,113

31,627

30,675

31,909

36,330

37,792

34,916

35,364

34,346

35,289

43,580

(0.58%)

1.37%

—

74,366

FCF per share₩

57,733

54,049

47,344

40,164

37,120

37,744

40,078

40,051

42,083

43,097

71,893

3.03%

(2.78%)

—

89,033

Dividend per sh₩

20,009

18,507

20,488

19,638

18,796

17,604

18,186

18,037

16,329

15,326

61,906

(4.00%)

(1.65%)

—

10.92

Div yield (avg)%

6.65

9.52

11.72

9.31

6.52

6.41

4.47

7.36

5.05

5.97

10.38

5.97

6.59

7.13

Payout ratio%

19.53

20.68

23.21

23.17

25.44

25.35

26.45

24.28

21.77

21.55

27.58

24.28

23.19

131.6

Shares (diluted)M

137.8

128.4

125.9

122.4

124.6

133.0

129.9

133.9

124.2

118.0

130.7

(1.08%)

(1.23%)

21.77

Buyback yield%

6.85

6.25

5.00

4.58

2.96

2.05

4.40

4.31

4.11

6.85

8.51

4.31

4.49

1.161

D/E ratiox

0.298

0.304

0.260

0.234

0.249

0.259

0.240

0.254

0.234

0.252

1.000

0.252

0.253

6,490

Enterprise value₩B

44,975

48,687

51,381

54,823

62,717

70,131

72,452

85,259

96,613

96,345

11,280

8.97%

8.02%

23,600

LT debt₩B

15,445

15,093

15,087

15,677

18,422

18,767

18,237

18,226

21,601

22,300

17,910

3.89%

4.43%

Peers (US$70.34B)

Cap (US$)

Meritz Financial Group…

15.68B

9.439x

Mirae Asset Securities…

7.914B

4.655x

NH Investment & Securi…

6.483B

5.590x

Apollo Global Manageme…

68.93B

—

Capital

TTM

10Y

Leveragex

0.438

0.107

0.080

EBIT/Intx

0.677

1.579

1.423

Own earn%

(47.57)

14.00

18.69

Sh yield%

32.69

9.16

12.24

Owners

Insiders/Inst%

0.37

68.63

Short interest%

2.73

SBC / revenue%

5.35

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

1–10

$1 testx

0.1

Incr. ROIC%

SK Square Co., Ltd. invests in semiconductor, and information and communication technologies in South Korea, China, Asia, the United States, and Europe. SK Square Co., Ltd. was founded in 2021 and is headquartered in Icheon-si, South Korea.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

₩31.50T

8.31%

1.00×

Cost of revenue

₩17.85T

8.49%

1.02×

Operating expenses

₩5.197T

7.57%

0.93×