- There has been a noticeable rotation from growth to value stocks in the past few weeks in the global equities market.
- SK Telecom is a solid value stock amid this rotation from growth to value stocks.
- SK Telecom is the leading 5G service provider in Korea. It is also a highly defensive stock with excellent cash flow and cheap valuations.
- Warren Buffett's recent big investment in Verizon could have a positive impact on a renewed interest in global telcos, including SK Telecom which is currently trading at 4.5x EV/EBITDA (2021), lower than Verizon's EV/EBITDA ratio of 7.4x.
For further details see:
SK Telecom: An Undervalued Asian Telco Amid A Global Rotation From Growth To Value