SK Telecom Co (HAM:KMBA) ROE %: 9.84% (As of Mar. 2026) — Near Median


HAM:KMBA SK Telecom Co Ltd HAM:KMBA
48 GF Score
Price €29.00
GF Value €16.91
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SK Telecom Co ROE %?

SK Telecom Co HAM:KMBA +3.57% 48 ROE % is 9.84% as of Mar. 2026, which is 3% below its 10-year median of 10.19. GuruFocus rates HAM:KMBA with a GF Score™ of 48/100 and a GF Value™ of €16.91 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 349 Telecommunication Services companies, SK Telecom Co ranks worse than 66.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SK Telecom Co's annualized net income for the quarter that ended in Mar. 2026 was €748 Mil. SK Telecom Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €7,603 Mil. Therefore, SK Telecom Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.84%.

The historical rank and industry rank for SK Telecom Co's ROE % or its related term are showing as below:

HAM:KMBA' s ROE % Range Over the Past 10 Years
Min: 2.98   Med: 10.19   Max: 15.52
Current: 2.98

During the past 13 years, SK Telecom Co's highest ROE % was 15.52%. The lowest was 2.98%. And the median was 10.19%.

HAM:KMBA's ROE % is ranked worse than
66.48% of 349 companies
in the Telecommunication Services industry
Industry Median: 7.41 vs HAM:KMBA: 2.98

SK Telecom Co  (HAM:KMBA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=748.376/7603.103
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(748.376 / 10196.056)*(10196.056 / 17484.717)*(17484.717 / 7603.103)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.34 %*0.5831*2.2997
=ROA %*Equity Multiplier
=4.28 %*2.2997
=9.84 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=748.376/7603.103
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (748.376 / 1080.74) * (1080.74 / 1271.644) * (1271.644 / 10196.056) * (10196.056 / 17484.717) * (17484.717 / 7603.103)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6925 * 0.8499 * 12.47 % * 0.5831 * 2.2997
=9.84 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


SK Telecom Co ROE % Related Terms


SK Telecom Co ROE % Historical Data

* Premium members only.

The historical data trend for SK Telecom Co's ROE % 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 ROE % Chart

SK Telecom Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.58 7.87 9.45 10.52 3.12

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
ROE % 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 12.12 3.03 -5.27 3.58 9.84

HAM:KMBA vs : ROE % Comparison

For the Telecom Services subindustry, SK Telecom Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SK Telecom Co's ROE % distribution charts can be found below:

* The bar in red indicates where SK Telecom Co's ROE % falls into.


HAM:KMBA
48GF Score
SK Telecom Co Ltd HAM:KMBA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SK Telecom Co ROE % Calculation

SK Telecom Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=238.019/( (7758.482+7496.538)/ 2 )
=238.019/7627.51
=3.12 %

SK Telecom Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=748.376/( (7496.538+7709.668)/ 2 )
=748.376/7603.103
=9.84 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.84% mean?
SK Telecom Co (HAM:KMBA) has a ROE % of 9.84% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on SK Telecom Co and its competitors. This is near median its historical median of 10.19. Over the past decade, SK Telecom Co's ROE % has ranged from 2.98 to 15.52. According to the industry distribution chart, SK Telecom Co ranks #232 out of 349 companies in the Telecommunication Services industry, placing it in the top 66.5%.
Is SK Telecom Co's ROE % too high?
SK Telecom Co's current ROE % of 9.84% is near median its 10-year median of 10.19. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 15.52. The Telecommunication Services industry median ROE % is 7.41. SK Telecom Co's value of 9.84% is 32.8% above this industry median. Based on the distribution chart, SK Telecom Co ranks #232 out of 349 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, SK Telecom Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SK Telecom Co's ROE % compare to ?
According to the Telecommunication Services industry distribution chart, SK Telecom Co ranks #232 out of 349 companies for ROE %. This places SK Telecom Co in the lower half of its industry. The industry median ROE % is 7.41. SK Telecom Co's value of 9.84% is 32.8% above this benchmark. Historically, SK Telecom Co's own ROE % has ranged from 2.98 to 15.52 over the past decade. While the company's 10-year median is 10.19 vs. the industry median of 7.41, SK Telecom Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SK Telecom Co's current ROE % of 9.84% is 32.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on SK Telecom Co and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SK Telecom Co's current ROE % is 9.84%, which is near median its own 10-year median of 10.19. 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 (HAM:KMBA) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.91, compared to a current price of €29.00 — trading 71.5% above its estimated fair value. The current ROE % is 9.84%, which is near median its 10-year median of 10.19 and 32.8% above the Telecommunication Services industry median of 7.41. SK Telecom Co's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For SK Telecom Co (HAM:KMBA), the current ROE % is 9.84% 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 (HAM:KMBA) Overvalued in 2026?

Based on GuruFocus' analysis, SK Telecom Co stock appears to be overvalued. The current stock price of €29.00 is trading 71.5% above its estimated GF Value™ of €16.91. GuruFocus considers SK Telecom Co to be Significantly Overvalued.

Key valuation signals for HAM:KMBA:

  • ROE %: 9.84% (near median its 10-year median of 10.19)
  • GF Value™: €16.91 vs. price of €29.00 (71.5% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 32.8% above the Telecommunication Services median (#232 of 349)

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


SK Telecom Co Business Description

Comparable Companies
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.
48GF Score

Get the complete analysis for HAM:KMBA

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.00
Price
€16.91
GF Value