SK Telecom CoHAM:KMBA +3.57%48 Altman Z-Score is 2.30 as of Jun. 25, 2026, which is 8% above its 10-year median of 2.12. 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 366 Telecommunication Services companies, SK Telecom Co ranks better than 69.95% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 2.59 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
SK Telecom Co has a Altman Z-Score of 2.30, indicating it is in Grey Zones. This implies that SK Telecom Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for SK Telecom Co's Altman Z-Score or its related term are showing as below:
HAM:KMBA'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.37 Med: 2.12 Max: 2.59
Current: 2.59
During the past 13 years, SK Telecom Co's highest Altman Z-Score was 2.59. The lowest was 1.37. And the median was 2.12.
SK Telecom Co (HAM:KMBA) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
SK Telecom Co Altman Z-Score Related Terms
SK Telecom Co Altman Z-Score Historical Data
* Premium members only.
The historical data trend for SK Telecom Co's Altman Z-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.
For the Telecom Services subindustry, SK Telecom Co's Altman Z-Score, along with its competitors' market caps and Altman Z-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 Altman Z-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, SK Telecom Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where SK Telecom Co's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
SK Telecom Co's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.0375
+
1.4
*
0.8306
+
3.3
*
0.0361
+
0.6
*
0.6385
+
1.0
*
0.589
=
2.30
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
SK Telecom Co (HAM:KMBA) has a Altman Z-Score of 2.30 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on SK Telecom Co and its competitors. This is near median its historical median of 2.12. Over the past decade, SK Telecom Co's Altman Z-Score has ranged from 1.37 to 2.59. According to the industry distribution chart, SK Telecom Co ranks #110 out of 366 companies in the Telecommunication Services industry, placing it in the top 30.1%.
Is SK Telecom Co's Altman Z-Score too high?
SK Telecom Co's current Altman Z-Score of 2.30 is near median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 2.59. The Telecommunication Services industry median Altman Z-Score is 1.72. SK Telecom Co's value of 2.30 is 33.7% above this industry median. Based on the distribution chart, SK Telecom Co ranks #110 out of 366 companies in the Telecommunication Services industry, which is above 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 Altman Z-Score compare to ?
According to the Telecommunication Services industry distribution chart, SK Telecom Co ranks #110 out of 366 companies for Altman Z-Score. This puts SK Telecom Co in the upper half of its industry. The industry median Altman Z-Score is 1.72. SK Telecom Co's value of 2.30 is 33.7% above this benchmark. Historically, SK Telecom Co's own Altman Z-Score has ranged from 1.37 to 2.59 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 1.72, 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 Altman Z-Score for a Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SK Telecom Co's current Altman Z-Score of 2.30 is 33.7% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on SK Telecom Co and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SK Telecom Co's current Altman Z-Score is 2.30, which is near median its own 10-year median of 2.12. 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 Altman Z-Score is 2.30, which is near median its 10-year median of 2.12 and 33.7% above the Telecommunication Services industry median of 1.72. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For SK Telecom Co (HAM:KMBA), the current Altman Z-Score is 2.30 as of Jun. 25, 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:
Altman Z-Score: 2.30 (near median its 10-year median of 2.12)
GF Value™: €16.91 vs. price of €29.00 (71.5% above fair value)
Industry Position: 33.7% above the Telecommunication Services median (#110 of 366)
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 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
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