SK Hynix Inc Share Price and Fundamentals (000660)

Overview

SK Hynix Inc is one of the major names in global semiconductors, with a business focused on DRAM, NAND flash, SSDs and related memory products across server, mobile, PC, consumer and automotive applications. For Australian investors following the sector, it stands out as a large-scale technology company with a strong operating profile, a modest dividend yield and a share price that has moved sharply relative to its longer-term trend. The latest price is KRW 1,730,000.00, up KRW 39,000.00 (+2.31%) from the previous close.

The company’s core strength lies in memory semiconductors, where it supplies DRAM products for server, graphics, mobile, PC and consumer uses, alongside NAND flash, SSD and MCP products. It also has a foundry business and produces non-memory semiconductors, broadening its exposure beyond memory alone. That mix gives SK Hynix access to some of the most important demand pools in global electronics, especially data-centre and device-related demand. The business is large in scale, with revenue TTM of KRW 189.2T and a market capitalisation of KRW 1,228.0T. Profitability is exceptionally strong in the supplied figures, with a profit margin of 85.68%, while revenue growth is 2.57%. The dividend profile is modest, with a dividend yield of 0.09% and a dividend per share of KRW 1,500.

Key facts

Price and trend

Valuation

On the supplied numbers, valuation is not straightforward to read through a standard P/E lens because the PE ratio is shown as 0, but the PEG ratio of 0.236 points to a low multiple relative to growth. That can suggest investors are paying for the company’s earnings power and strategic position rather than for immediate income. The analyst target price supplied is KRW 1,000,000.00, which is 42.20% below the last price, so it should be viewed as a comparison point rather than a forecast. More broadly, the share price appears to be trading well above its longer-term reference levels, with both the 50-day and 200-day moving averages shown at KRW 1,000,000.00 and the current price sitting 73.00% above each.

Profitability and growth

Analyst view

The business case for SK Hynix is anchored in its role in memory semiconductors, an industry where scale, product mix and execution matter greatly. Its revenue base is substantial, and the profitability figure supplied is unusually high, suggesting strong operating leverage in the current cycle. At the same time, the stock’s beta of 2.413 signals that it is materially more volatile than the broader market, which is typical for cyclical semiconductor names. The 52-week range also highlights how powerful the share’s moves can be, from KRW 252,311.10 to KRW 2,987,000.00. From a technical perspective, the current price above the 50-day and 200-day averages suggests momentum remains constructive, but it also means the share has already rerated sharply. For investors, the key question is less about the company’s relevance in semiconductors and more about how much of that quality is already reflected in the price.

ETFs Featuring 000660

Risks

The main risk is cyclical exposure. Memory pricing and semiconductor demand can shift quickly, which can affect earnings and sentiment even in a business with strong scale. The high beta of 2.413 reinforces that the stock can swing sharply in both directions. Currency and regional exposure also matter for Australian investors, given the business is based in Korea and operates internationally. The current price being far above both the 50-day and 200-day averages shows that the stock has already had a strong run, which can leave it more sensitive if expectations cool. The analyst target price shown is well below the market price, which underscores how stretched the share may look against some reference points, even though the company’s underlying business remains powerful.

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