SK Telecom Co (FRA:KMBA) Cyclically Adjusted FCF per Share: €2.54 (As of Mar. 2026)


FRA:KMBA SK Telecom Co Ltd FRA:KMBA
81 GF Score
Price €26.00
GF Value €15.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SK Telecom Co Cyclically Adjusted FCF per Share?

SK Telecom Co FRA:KMBA -4.41% 81 Cyclically Adjusted FCF per Share is €2.54 as of Mar. 2026. GuruFocus rates FRA:KMBA with a GF Score™ of 81/100 and a GF Value™ of €15.99 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

SK Telecom Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was €1.029. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SK Telecom Co's average Cyclically Adjusted FCF Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of SK Telecom Co was 32.20% per year. The lowest was -13.40% per year. And the median was -0.35% per year.

As of today (2026-07-05), SK Telecom Co's current stock price is €26.00. SK Telecom Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.54. SK Telecom Co's Cyclically Adjusted Price-to-FCF of today is 10.24.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SK Telecom Co was 15.97. The lowest was 6.40. And the median was 9.63.


SK Telecom Co  (FRA:KMBA) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

SK Telecom Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.00/2.54
=10.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SK Telecom Co was 15.97. The lowest was 6.40. And the median was 9.63.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


SK Telecom Co Cyclically Adjusted FCF per Share Related Terms


SK Telecom Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for SK Telecom Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SK Telecom Co Cyclically Adjusted FCF per Share Chart

SK Telecom Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.21 2.38 2.72 2.48

SK Telecom Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.70 2.81 2.55 2.48 2.54

FRA:KMBA vs TMUS, VZ, T: Cyclically Adjusted FCF per Share Comparison

For the Telecom Services subindustry, SK Telecom Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SK Telecom Co Cyclically Adjusted Price-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SK Telecom Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SK Telecom Co's Cyclically Adjusted Price-to-FCF falls into.


FRA:KMBA
81GF Score
SK Telecom Co Ltd FRA:KMBA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SK Telecom Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, SK Telecom Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.029/125.2360*125.2360
=1.029

Current CPI (Mar. 2026) = 125.2360.

SK Telecom Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.530 100.791 1.901
201609 -0.131 101.461 -0.162
201612 0.510 101.561 0.629
201703 0.542 102.851 0.660
201706 0.815 102.611 0.995
201709 0.623 103.491 0.754
201712 0.032 102.991 0.039
201803 0.639 104.101 0.769
201806 1.520 104.130 1.828
201809 -0.025 105.651 -0.030
201812 -0.055 104.351 -0.066
201903 0.535 104.491 0.641
201906 0.689 104.881 0.823
201909 -0.151 105.200 -0.180
201912 -0.074 105.121 -0.088
202003 -0.156 105.354 -0.185
202006 2.219 105.112 2.644
202009 1.229 106.198 1.449
202012 0.636 105.765 0.753
202103 0.147 107.357 0.171
202106 0.917 107.579 1.068
202109 0.603 108.759 0.694
202112 0.419 109.676 0.478
202203 1.015 111.848 1.136
202206 1.078 114.072 1.183
202209 0.933 114.715 1.019
202212 0.923 115.179 1.004
202303 0.438 116.507 0.471
202306 1.334 117.182 1.426
202309 1.180 118.964 1.242
202312 0.413 118.837 0.435
202403 0.951 120.123 0.991
202406 1.303 120.007 1.360
202409 1.629 120.861 1.688
202412 0.571 121.135 0.590
202503 1.152 122.590 1.177
202506 1.788 122.611 1.826
202509 -0.772 123.402 -0.783
202512 0.463 123.939 0.468
202603 1.029 125.236 1.029

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €2.54 mean?
SK Telecom Co (FRA:KMBA) has a Cyclically Adjusted FCF per Share of €2.54 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SK Telecom Co and its competitors.
Is SK Telecom Co's Cyclically Adjusted FCF per Share too high?
SK Telecom Co's current Cyclically Adjusted FCF per Share is €2.54. Overall, SK Telecom Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SK Telecom Co's Cyclically Adjusted FCF per Share compare to TMUS and VZ?
SK Telecom Co's Cyclically Adjusted FCF per Share of €2.54 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Telecommunication Services company?
A good Cyclically Adjusted FCF per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SK Telecom Co and its competitors. SK Telecom Co's current Cyclically Adjusted FCF per Share is €2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Telecom Co stock overvalued right now?
Based on GuruFocus' analysis, SK Telecom Co (FRA:KMBA) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.99, compared to a current price of €26.00 — trading 62.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.54. SK Telecom Co's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For SK Telecom Co (FRA:KMBA), the current Cyclically Adjusted FCF per Share is €2.54 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SK Telecom Co (FRA:KMBA) Overvalued in 2026?

Based on GuruFocus' analysis, SK Telecom Co stock appears to be overvalued. The current stock price of €26.00 is trading 62.6% above its estimated GF Value™ of €15.99. GuruFocus considers SK Telecom Co to be Significantly Overvalued.

Key valuation signals for FRA:KMBA:

  • Cyclically Adjusted FCF per Share: €2.54
  • GF Value™: €15.99 vs. price of €26.00 (62.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the FRA:KMBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SK Telecom Co Business Description

Address SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539
SK Telecom is South Korea's largest wireless telecom operator, with 32 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 7.2 million broadband customers and 9.5 million pay TV customers (6.7 million IPTV and 2.8 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production, as well as developing e-commerce and internet platform businesses, these were all spun off into the separate SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.
81GF Score

Get the complete analysis for FRA:KMBA

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.00
Price
€15.99
GF Value