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Samsung SDS Co Ltd (018260) Fair Value & Analysis

Technology · KR · Market cap 15.4T KRW (≈ $10.8B) · ISIN KR7018260000

What is Samsung SDS Co Ltd really worth?

SS Samsung SDS Co Ltd 018260 · KO
Price238,000 KRW
Fair Value235,321 KRW
Upside−1.1%
Quality64/100

A solid business, currently priced close to our fair value of 235,321 KRW.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y +4.8 %/yr)
!Thin margins · 4.6% net margin
!Mixed vs. peers (5/10)
!Narrow moat 38/100
!Evidence only medium, so the estimate is less certain
!Weak on past: 26 out of 100
!Weak on dividend: 27 out of 100

For context

·1.34% dividend yield
Evidence: Medium Range 157,708 KRW – 326,776 KRW

Fair value as of: Sep 5, 2026

From 25 valuation models · updated today

Share price +17.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (157,708 KRW to 326,776 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

362,000 KRW 104,051 KRW Fair Value 235,321 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 5, 2026.

How to read this chart

60‑month range 104,051 KRW – 362,000 KRW · fair‑value band 157,708 KRW – 326,776 KRW · the 238,000 KRW price screens above the 235,321 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 5, 2026.

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Analysis

Samsung SDS Co Ltd (018260) currently trades at 238,000 KRW, while our model-based Fair Value estimate is 235,321 KRW, implying the stock looks roughly 1.1% fairly valued today. The Quality Score stands at 64/100 (solid quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of 251,254 KRW per share, and 8 of the 25 models we run sit above the 238,000 KRW price. Bear case: the Dividend Discount group reads lowest at 45,319 KRW, and 17 of the 25 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Samsung SDS Co Ltd generated revenue of 13.8T KRW at a net margin of 4.6%. Revenue declined 3.9% year over year. It earns a return on equity of 6.6%. Fundamentals as of Sep 5, 2026

Our scenario range runs from 157,708 KRW (bear case) to 326,776 KRW (bull case); at 238,000 KRW, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 39% below its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at 69% fair-value upside, at −1%, 018260 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF 145,203 KRW 209,478 KRW 307,958 KRW 80
Growth DCF 148,901 KRW 208,167 KRW 294,690 KRW 79
Owner Earnings 172,796 KRW 251,254 KRW 371,466 KRW 76
All 25 models by family
DCF Models
FCF DCF 145,203 KRW 209,478 KRW 307,958 KRW 80
Owner Earnings 172,796 KRW 251,254 KRW 371,466 KRW 76
5Y Revenue Exit 132,892 KRW 193,414 KRW 268,597 KRW 73
5Y EBITDA Exit 223,214 KRW 356,748 KRW 508,884 KRW 75
5Y P/E Exit 182,321 KRW 282,799 KRW 384,812 KRW 71
10Y Revenue Exit 132,715 KRW 188,949 KRW 260,131 KRW 67
10Y EBITDA Exit 194,278 KRW 302,893 KRW 442,025 KRW 68
10Y P/E Exit 167,967 KRW 251,305 KRW 348,105 KRW 64
Earnings-Based
Graham-Dodd 66,772 KRW 173,015 KRW 225,491 KRW 65
PEG = 1.0 32,719 KRW 46,741 KRW 60,763 KRW 57
EPV 131,517 KRW 151,170 KRW 168,638 KRW 74
Dividend Discount
Gordon GGM 28,992 KRW 60,256 KRW 106,494 KRW 65
DDM Multi-Stage 28,992 KRW 45,319 KRW 63,712 KRW 66
Multiples
P/E Multiple 206,209 KRW 274,946 KRW 343,682 KRW 63
P/S Multiple 125,198 KRW 166,931 KRW 208,664 KRW 58
P/B Multiple 125,198 KRW 166,931 KRW 208,664 KRW 55
EV/EBIT 242,880 KRW 317,122 KRW 391,364 KRW 66
EV/EBITDA 297,153 KRW 389,486 KRW 481,819 KRW 67
EV/Revenue 132,755 KRW 181,012 KRW 229,269 KRW 54
Asset-Based
NCAV (Graham) 64,099 KRW 85,892 KRW 128,198 KRW 54
Growth DCF
Growth DCF 148,901 KRW 208,167 KRW 294,690 KRW 79
Rev-Margin DCF 132,892 KRW 194,373 KRW 261,907 KRW 73
Economic Profit
Residual Income 107,506 KRW 115,270 KRW 133,181 KRW 76
ROIC Compounder 132,233 KRW 160,939 KRW 196,652 KRW 72
Growth Earnings
Growth-Adj P/E 157,365 KRW 224,806 KRW 292,248 KRW 67

Widest divergence: DCF Models (251,254 KRW) versus Dividend Discount (45,319 KRW). Highest evidence: FCF DCF (80).

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Key figures & financial health

P/S ratio 1.12 TTM
Dividend yield 1.3%
Net margin 5.5% FY2025
Return on equity 6.6% TTM
Return on assets (EBIT) 7.2% avg 5y
Operating margin 2.3% TTM
More key figures
Growth
Revenue (TTM) 13.8T KRW TTM
Revenue growth (YoY) −3.9% 3y avg −6.9%
EPS growth (YoY) −56.3%
Balance sheet & cash flow
Free cash flow 844B KRW FY2025

Figures from reported company fundamentals · as of Sep 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 64 · Market factors (momentum, volatility) 55

Profitability 44
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 21
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Samsung SDS Co., Ltd. provides cloud and digital logistics platform-based logistics services in South Korea, the America, Europe, Asia, Africa, and China. It operates in IT Service and Logistics.

Full company description

Samsung SDS Co., Ltd. provides cloud and digital logistics platform-based logistics services in South Korea, the America, Europe, Asia, Africa, and China. It operates in IT Service and Logistics. The IT Service segment offers IT consulting, IT system design and development, system integration, information system operation and maintenance, data centers, and network service outsourcing solutions. The Logistics segment provides global logistics services, such as supply chain and logistics consulting and solutions. It offers cloud transformation, management, and infrastructure, as well as network and security solutions. The company also provides artificial intelligence (AI) services, such as FabriX, an automated data lake management platform; Brightics Machine Learning, an AI-based data analysis platform; Brightics Data Hub, a distributed data platform; and Brightics AI Accelerator, an AutoML suite and AI consulting solution. In addition, it offers Brity Copilot, a generative AI-based collaboration solution; Brity Automation, an AI-driven Brity robotic process automation solution; Caidentia, an AI-powered procurement and N-tier supplier relationship management solution; manufacturing execution system, an unstructured data analysis platform; share space management and workplace book; and digital health solutions comprising remote patient monitoring and interactive patient care. Further, it provides enterprise mobility solutions, including zero touch mobility; managed mobility services; EMM (On-Prem), an enterprise solution that simplifies managing and setting up employees devices;); secure settings; Data Sweeper, a solution which helps in clearing application data; and Inertia, a solution that improves productivity and safety within warehouse operations, as well as enterprise solutions and digital transformations services. The company was incorporated in 1985 and is headquartered in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Samsung SDS Co Ltd reported revenue of 13.9T KRW in FY2025 versus 13.6T KRW in FY2021, a compound +0.5%/yr. Reported net income was 760B KRW in FY2025, compounding +5.6%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
13.9T KRW
Latest YoY
+0.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.9%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.8%
Avg. revenue growth/yr (15Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.1%
Value creation/yr (5Y, in KRW) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+5.7% (4.4 + 1.3)
Revenue +0.5%/yr
FY21 13.6T KRW
FY22 17.2T KRW
FY23 13.3T KRW
FY24 13.8T KRW
FY25 13.9T KRW
Net income +5.6%/yr
FY21 611B KRW
FY22 1.1T KRW
FY23 693B KRW
FY24 757B KRW
FY25 760B KRW

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Cite: Fair Value Calculator (2026). "Samsung SDS Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/018260

Peer Group

Information Technology Services · 486 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 64 · Top 25%
Fair Value upside −1% · Below median
Return on equity (TTM) 7% · Below median
Return on assets 4% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth −4% · Bottom 25%
Dividend yield (TTM) 1.3% · Below median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE32 · sector 34
FUTURE0 · sector 31
PAST26 · sector 33
HEALTH100 · sector 97
DIVIDEND27 · sector 36

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Sep 5, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.59 $175.76 −25%
Accenture plc ACN $189.61 $334.27 +76%
Tata Consultancy Services Limited TCS ₹2,302 ₹3,473 +51%
Infosys Limited INFY ₹1,156 ₹1,958 +69%
HCL Technologies Limited HCLTECH ₹1,282 ₹1,722 +34%
Fiserv, Inc FI C$5.13 C$8.07 +57%
Wipro Limited WIT $1.83 $3.51 +92%
Fidelity National Information Services, Inc FIS $41.34 $19.28 −53%
Cognizant Technology Solutions Corporation CTSH $64.04 $132.01 +106%
Capgemini SE CAP €109.45 €222.79 +104%

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Frequently asked questions

Is Samsung SDS Co Ltd (018260) overvalued or undervalued?
As of Sep 5, 2026, our model estimates a fair value of 235,321 KRW versus a price of 238,000 KRW, about −1% upside (fairly valued).
What is the fair value of 018260?
Our model-based fair value for Samsung SDS Co Ltd is 235,321 KRW (as of Sep 5, 2026), built from audited fundamentals. The current price: 238,000 KRW.
What is the quality score of 018260?
Samsung SDS Co Ltd has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Samsung SDS Co Ltd (018260)?
Samsung SDS Co Ltd reported trailing-twelve-month revenue of about 13.8T KRW (latest available figure, as of Sep 5, 2026).
What is the net profit margin of 018260?
The net profit margin of Samsung SDS Co Ltd is about 4.6%, meaning it keeps roughly 4.6% of revenue as net income. Based on the latest reported figures.
Does Samsung SDS Co Ltd pay a dividend?
Samsung SDS Co Ltd currently shows a dividend yield of about 1.34% relative to its recent price (as of Sep 5, 2026).
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