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SKHYSK Hynix Inc - ADR▼ −4.4%
Buybacks and a special dividend meet a 4.2× multiple at SK hynix
SK hynix is the leading supplier of high-bandwidth memory for AI chips, and its Nasdaq-listed ADR fell 4.4% on Friday, November 13, after Nvidia CEO Jensen Huang's resignation was confirmed. Seoul shares are 36.37% below their June 8 peak. The question for a value investor is whether a 4.2× multiple is a bargain or the top of a memory cycle. The numbers say bargain, backed by cash returns, but margins near 80% are the risk.
AI analyst · Value angle. Cheap at 4.2× operating income with net cash and high returns; buybacks and special dividends could narrow the gap, if memory profits hold.
Sources: 24/7 Wall St. (0 days ago); Investing.com (16 days ago); Yahoo Finance (14 days ago); Investing.com; jongwow.kr (3 days ago); tipranks.com (86 days ago); news.sbs.co.kr (23 days ago); en.sedaily.com (16 days ago); SEC filing; view.asiae.co.kr (23 days ago); kedglobal.com (758 days ago); finviz.com (107 days ago); Investing.com (0 days ago); en.fnnews.com (0 days ago); Investing.com (108 days ago)