KRX: 002900.KS, 007070.KS, 017670.KS, 032640.KS
Korea & Asia Primary Filings · Live DART Audit
Korea KRX DART Primary-Filing Valuation Audit (Nov 04, 2026): 002900.KS, 007070.KS, 017670.KS, 032640.KS
As of 2026-11-04 16:07 KST · Primary Source: Korea FSS OpenDART (K-IFRS) & KRX Live Multiples
Executive Summary: Cross-checking 5 Korea Exchange (KRX) primary regulatory filings submitted to FSS OpenDART (002900.KS, 007070.KS, 017670.KS, 032640.KS) against live market capitalization, annualized operating profit multiples (P/Ann.OP), and price-to-book (P/B) ratios. Full institutional research archive & newsletter updates are available at Asia Filing Notes Substack Hub →.
| Issuer (KRX Code) | DART Filing Print & Live Multiples | Valuation Verdict |
|---|---|---|
| TYM (KRX:002900) Peers: $EWY $NVDA $SPY | OP 27.6B KRW (QoQ -21.1%, YoY +14.0%) | MktCap 260B KRW, P/Ann.OP 2.4x, P/E 3.6x, P/B 0.53x | UNDERVALUED [1] |
| GS Retail (KRX:007070) Peers: $COST $WMT | OP 109.4B KRW (QoQ +87.7%, YoY +27.5%) | MktCap 1,982B KRW, P/Ann.OP 4.5x, Fwd P/E 8.9x, P/B 0.59x | UNDERVALUED [2] |
| SK Telecom ($SKM / KRX:017670) Peers: $VZ $TMUS | OP 566.0B KRW (QoQ +5.3%, YoY +67.3%) | MktCap 16,797B KRW, P/Ann.OP 7.4x, Fwd P/E 12.3x, P/B 1.08x | UNDERVALUED [3] |
| LG Uplus (KRX:032640) Peers: $VZ $TMUS | OP 344.5B KRW (QoQ +26.5%, YoY +13.1%) | MktCap 6,630B KRW, P/Ann.OP 4.8x, Fwd P/E 9.0x, P/B 0.73x | UNDERVALUED [4] |
| LG HelloVision (KRX:037560) Peers: $CMCSA $CHTR | OP 3.0B KRW (QoQ -41.2%, YoY -71.4%) | MktCap 106B KRW, P/Ann.OP 8.9x, P/B 0.23x | FAIR VALUE [5] |
Issuer-by-Issuer K-IFRS Filing & Valuation Breakdown
- TYM (KRX:002900 · #Tym — UNDERVALUED): Reported preliminary operating profit of 27.6B KRW (QoQ -21.1%, YoY +14.0% (10.51% OPM)), placing the 260B KRW market cap at 2.4x annualized OP and 0.53x P/B. Key catalyst is confirming non-operating FX/finance spreads in the full quarterly footnotes. Global peer comparison:
$EWY $NVDA $SPY. [1] - GS Retail (KRX:007070 · #GSRetail — UNDERVALUED): Reported preliminary operating profit of 109.4B KRW (QoQ +87.7%, YoY +27.5% (3.45% OPM)), placing the 1,982B KRW market cap at 4.5x annualized OP and 0.59x P/B. Key catalyst is confirming non-operating FX/finance spreads in the full quarterly footnotes. Global peer comparison:
$COST $WMT. [2] - SK Telecom ($SKM / KRX:017670 · #SKTelecom — UNDERVALUED): Reported preliminary operating profit of 566.0B KRW (QoQ +5.3%, YoY +67.3% (12.98% OPM)), placing the 16,797B KRW market cap at 7.4x annualized OP and 1.08x P/B. Key catalyst is confirming non-operating FX/finance spreads in the full quarterly footnotes. Global peer comparison:
$VZ $TMUS. [3] - LG Uplus (KRX:032640 · #LGUplus — UNDERVALUED): Reported preliminary operating profit of 344.5B KRW (QoQ +26.5%, YoY +13.1% (9.32% OPM)), placing the 6,630B KRW market cap at 4.8x annualized OP and 0.73x P/B. Key catalyst is confirming non-operating FX/finance spreads in the full quarterly footnotes. Global peer comparison:
$VZ $TMUS. [4] - LG HelloVision (KRX:037560 · #LGHelloVision — FAIR VALUE): Reported preliminary operating profit of 3.0B KRW (QoQ -41.2%, YoY -71.4% (1.23% OPM)), placing the 106B KRW market cap at 8.9x annualized OP and 0.23x P/B. Key catalyst is confirming non-operating FX/finance spreads in the full quarterly footnotes. Global peer comparison:
$CMCSA $CHTR. [5]
Primary Regulatory Sources (FSS OpenDART)
- FSS OpenDART Primary Filing (TYM, KRX:002900, rcpNo=20261104800481), 2026-11-04.
- FSS OpenDART Primary Filing (GS Retail, KRX:007070, rcpNo=20261104800442), 2026-11-04.
- FSS OpenDART Primary Filing (SK Telecom, KRX:017670, rcpNo=20261104800426), 2026-11-04.
- FSS OpenDART Primary Filing (LG Uplus, KRX:032640, rcpNo=20261104800368), 2026-11-04.
- FSS OpenDART Primary Filing (LG HelloVision, KRX:037560, rcpNo=20261104800462), 2026-11-04.
Personal analysis record based on public regulatory filings. Not investment advice or a solicitation to buy or sell any security.