SK Telecom CoMEX:SKM N 57 Beneish M-Score is -2.91 as of Jun. 29, 2026. GuruFocus rates MEX:SKM N with a GF Score™ of 57/100 and a GF Value™ of MXN398.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 353 Telecommunication Services companies, SK Telecom Co ranks better than 59.77% on this metric.
The zones of discrimination for M-Score is as such:
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Good Sign:
Beneish M-Score -2.91 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for SK Telecom Co's Beneish M-Score or its related term are showing as below:
MEX:SKM N'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.6 Med: -3.04 Max: -2.54
Current: -2.91
During the past 13 years, the highest Beneish M-Score of SK Telecom Co was -2.54. The lowest was -3.60. And the median was -3.04.
SK Telecom Co Beneish M-Score Related Terms
SK Telecom Co Beneish M-Score Historical Data
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The historical data trend for SK Telecom Co's Beneish M-Score 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.
MEX:SKM N vs TMUS, VZ, T: Beneish M-Score Comparison
For the Telecom Services subindustry, SK Telecom Co's Beneish M-Score, along with its competitors' market caps and Beneish M-Score 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 Beneish M-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, SK Telecom Co's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where SK Telecom Co's Beneish M-Score falls into.
The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.
The M-Score Variables:
The M-score of SK Telecom Co for today is based on a combination of the following eight different indices:
M
=
-4.84
+
0.92 * DSRI
+
0.528 * GMI
+
0.404 * AQI
+
0.892 * SGI
+
0.115 * DEPI
=
-4.84
+
0.92 * 1.025
+
0.528 * 0.9949
+
0.404 * 1.1129
+
0.892 * 0.8618
+
0.115 * 0.9482
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.9841
+
4.679 * -0.120764
-
0.327 * 0.8822
=
-3.07
* 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.
Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.
DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.
DEPI
=
(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1))
/
(Depreciation_t / (Depreciaton_t + PPE_t))
=
(51866.267 / (51866.267 + 168093.743))
/
(45442.051 / (45442.051 + 137299.952))
=
0.235799
/
0.248668
=
0.9482
Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.
6. SGAI = Sales, General and Administrative expenses Index
Total accruals calculated as the change in working capital accounts other than cash less depreciation.
TATA
=
(IncomefromContinuingOperations_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(NetIncome_t - NonOperatingIncome_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(4436.654 - 326.897
-
47972.984)
/
363214.044
=
-0.120764
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
SK Telecom Co has a M-score of -3.07 suggests that the company is unlikely to be a manipulator.
SK Telecom Co (MEX:SKM N) has a Beneish M-Score of -2.91 as of Jun. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on SK Telecom Co and its competitors. According to the industry distribution chart, SK Telecom Co ranks #142 out of 353 companies in the Telecommunication Services industry, placing it in the top 40.2%.
Is SK Telecom Co's Beneish M-Score too high?
SK Telecom Co's current Beneish M-Score is -2.91. Based on the distribution chart, SK Telecom Co ranks #142 out of 353 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, SK Telecom Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SK Telecom Co's Beneish M-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, SK Telecom Co ranks #142 out of 353 companies for Beneish M-Score. This puts SK Telecom Co in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Telecommunication Services company?
A good Beneish M-Score depends on the Telecommunication Services industry context. However, Beneish M-Score 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 Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on SK Telecom Co and its competitors. SK Telecom Co's current Beneish M-Score is -2.91. 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 (MEX:SKM N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN398.19, compared to a current price of MXN680.00 — trading 70.8% above its estimated fair value. The current Beneish M-Score is -2.91. SK Telecom Co's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For SK Telecom Co (MEX:SKM N), the current Beneish M-Score is -2.91 as of Jun. 29, 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 (MEX:SKM N) Overvalued in 2026?
Based on GuruFocus' analysis, SK Telecom Co stock appears to be overvalued.
The current stock price of MXN680.00 is trading 70.8% above its estimated GF Value™ of MXN398.19.
GuruFocus considers SK Telecom Co to be Significantly Overvalued.
Key valuation signals for MEX:SKM N:
Beneish M-Score: -2.91
GF Value™: MXN398.19 vs. price of MXN680.00 (70.8% above fair value)
No single metric tells the full story. See the MEX:SKM N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
57GF Score
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