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This stock no longer trades (delisted July 13, 2026)

Delisted / no longer publicly traded (per market data provider) Everything below is based on the last available data — treat it as historical, not a live read.

SK hynix logo

SK hynix

SKHYV
85
Semiconductors · Technology
Price
$168.01
+19.01 (+12.76%)
Market Cap
$1.19T
Exchange
NASDAQ
Winston Score
85
Historical score — this stock no longer trades, so the score is frozen at the last available data.
Data as of Aug 23, 2026 · filings through Mar 31, 2026
How the score breaks down
Quality
Exceptional
Growth
Exceptional
Cash Flow
Strong
Stability
Exceptional
Valuation
Mixed

Share count rising — dilution

+3.5% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 686.7M (2021) → 710.8M (2025)

Winston Score History

The full picture

SK hynix is a South Korean company that makes memory chips. Its two main products are DRAM chips, which help computers and phones run multiple tasks at once, and NAND flash storage chips, which store data in devices like smartphones, laptops, and data center servers. It is one of the three largest memory chip makers in the world, alongside Samsung and Micron.

SK hynix earns money by selling these chips to large technology companies, including Apple, major PC makers, and cloud computing firms. It operates primarily out of South Korea, with manufacturing facilities there and in China. The memory chip industry is highly cyclical, meaning profits can swing sharply depending on supply and demand. A key growth driver is rising demand for high-bandwidth memory (HBM) chips used in artificial intelligence hardware, where SK hynix has been an early supplier to Nvidia — but the company remains exposed to sudden drops in chip prices if demand slows.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+198.1% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+386.3% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

₩6.5T/ year

Rising (+46% vs prior year)

6.7% of revenue

Below sector average (15%)

R&D investment increasing — building for the future

Insider Activity

21.2%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

₩76.4T cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

SK hynix grew revenue 198% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
79.3%
Premium pricing power — 79.3% gross margin
Profit after running costs
Operating Margin
71.5%
Excellent — 71.5% operating margin
Return on the money invested
ROCE
42.1%
Exceptional — 42.1% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

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Growth

Sales growth
Sales YoY
+85.0%
Fast-growing sales (+85.0% YoY)
Profit growth
EPS YoY
+184.8%
Earnings growing fast (+184.8% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

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Cash Flow

Profit that turns into cash
Cash Conversion
94%
Modest — 94% of profit becomes cash
Spare cash per sale
FCF Margin
30.8%
Converts sales into free cash efficiently (30.8%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

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Stability

What it owes vs what it owns
Debt / Equity
0.12
Conservative — low debt load (0.12)
Covers its interest
Interest Cover
92.77x
Comfortably covers interest (92.8x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
22.0x
Growth-priced — P/E 22.0

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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