“SK Hynix’s Stock Trades at Around 5 Times Next Year’s Earnings Even After Revenue Grew 257%. Here’s What a Multiple That Low Usually Signals About a Cyclical Business.”
September 23, 2026
“… Amid its 58% market share, revenue in the second quarter of 2026 rose by 257% yearly, while its net income is up 1,242% to nearly 94 trillion won ($66 billion).
Demand is so high that some investors seem to have adopted the dreaded “it’s different this time” attitude, particularly with Micron stock rising 670% over the previous 12 months. SK Hynix has only traded on U.S. markets since July, though its stock in South Korea increased by about 495%, confirming the industry growth trend…”
Man the writing for this article is bad. In any case this stock, this grwoth, with this potential market downturn this fall seems like a disaster waiting to happen.