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Samsung C&T Corp (028260) Fair Value & Analysis

Industrials · KR · Market cap 56.6T KRW (≈ $39.6B) · ISIN KR7028260008

What is Samsung C&T Corp really worth?

SC Samsung C&T Corp 028260 · KO
Price367,000 KRW
Fair Value261,411 KRW
Upside−28.8%
Quality47/100

Below-average quality, and trading another 40% above our fair value of 261,411 KRW.

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Strengths

Low debt · generates free cash flow
Ranks above peers (7/10)

Risks

!Mixed Growth (revenue 5y +6.2 %/yr)
!Thin margins · 6.2% net margin
!Narrow moat 39/100
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 15 out of 100

For context

·0.76% dividend yield
Evidence: Medium Range 203,487 KRW – 394,818 KRW

Fair value as of: Sep 3, 2026

From 26 valuation models · updated 2 days ago

Share price +11.6% over the past month.

What runs behind every stock

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

What matters now

  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (203,487 KRW to 394,818 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

535,000 KRW 94,303 KRW Fair Value 261,411 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.

How to read this chart

60‑month range 94,303 KRW – 535,000 KRW · fair‑value band 203,487 KRW – 394,818 KRW · the 367,000 KRW price screens above the 261,411 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 3, 2026.

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Analysis

Samsung C&T Corp (028260) currently trades at 367,000 KRW, while our model-based Fair Value estimate is 261,411 KRW, implying the stock looks roughly 40.4% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Industrials sector. Bull case: the Growth Earnings group reads highest at a median of 290,696 KRW per share, and 0 of the 26 models we run sit above the 367,000 KRW price. Bear case: the Dividend Discount group reads lowest at 44,751 KRW, and 26 of the 26 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Samsung C&T Corp generated revenue of 41.5T KRW at a net margin of 6.2%. Revenue grew 7.5% year over year. It earns a return on equity of 7.5%. Net debt stands at 218B KRW. Fundamentals as of Sep 3, 2026

Our scenario range runs from 203,487 KRW (bear case) to 394,818 KRW (bull case); at 367,000 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 35% below its 52-week high and 139% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −52% fair-value upside, at −29%, 028260 screens cheaper 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 96,444 KRW 151,925 KRW 243,512 KRW 79
Growth DCF 97,750 KRW 146,242 KRW 220,895 KRW 78
Residual Income 238,330 KRW 241,110 KRW 232,990 KRW 76
All 26 models by family
DCF Models
FCF DCF 96,444 KRW 151,925 KRW 243,512 KRW 79
Owner Earnings 132,474 KRW 211,457 KRW 341,841 KRW 75
5Y Revenue Exit 159,426 KRW 273,045 KRW 422,431 KRW 71
5Y EBITDA Exit 197,859 KRW 346,621 KRW 525,077 KRW 74
5Y P/E Exit 182,383 KRW 316,994 KRW 462,325 KRW 70
10Y Revenue Exit 131,092 KRW 232,069 KRW 375,813 KRW 65
10Y EBITDA Exit 162,464 KRW 284,992 KRW 457,729 KRW 67
10Y P/E Exit 152,280 KRW 263,681 KRW 407,650 KRW 63
Earnings-Based
Graham-Dodd 102,277 KRW 354,132 KRW 475,728 KRW 64
Lynch FV 82,017 KRW 117,167 KRW 152,317 KRW 61
PEG = 1.0 82,017 KRW 117,167 KRW 152,317 KRW 57
EPV 166,683 KRW 194,088 KRW 218,448 KRW 74
Dividend Discount
Gordon GGM 25,240 KRW 55,104 KRW 92,714 KRW 65
DDM Multi-Stage 25,240 KRW 44,751 KRW 57,427 KRW 66
Multiples
P/E Multiple 236,891 KRW 315,855 KRW 394,818 KRW 63
P/S Multiple 191,769 KRW 255,692 KRW 319,615 KRW 58
P/B Multiple 191,769 KRW 255,692 KRW 319,615 KRW 55
EV/EBIT 271,468 KRW 358,161 KRW 444,854 KRW 66
EV/EBITDA 273,902 KRW 361,406 KRW 448,910 KRW 67
EV/Revenue 197,014 KRW 276,568 KRW 356,121 KRW 54
Asset-Based
NCAV (Graham) 153,890 KRW 206,212 KRW 307,780 KRW 54
Growth DCF
Growth DCF 97,750 KRW 146,242 KRW 220,895 KRW 78
Rev-Margin DCF 159,426 KRW 270,326 KRW 400,776 KRW 72
Economic Profit
Residual Income 238,330 KRW 241,110 KRW 232,990 KRW 76
ROIC Compounder 166,683 KRW 194,088 KRW 218,448 KRW 72
Growth Earnings
Growth-Adj P/E 203,487 KRW 290,696 KRW 377,904 KRW 67

Widest divergence: Growth Earnings (290,696 KRW) versus Dividend Discount (44,751 KRW). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/S ratio 1.82 TTM
Dividend yield 0.8%
Net margin 6.0% FY2025
Return on equity 7.5% TTM
Return on assets (EBIT) 3.9% avg 5y
Operating margin 6.9% TTM
More key figures
Growth
Revenue (TTM) 41.5T KRW TTM
Revenue growth (YoY) +7.5% 3y avg −1.9%
EPS growth (YoY) +15.2%
Balance sheet & cash flow
Free cash flow 1.1T KRW FY2025
Net debt 218B KRW FY2024 · ≈ 0.2 yrs of FCF

Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 47 · Market factors (momentum, volatility) 55

Profitability 28
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 39
Disciplined investing over empire-building
Low Volatility 24
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 83
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 C&T Corporation engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas. Its engineering and construction business cover building, civil infrastructure, plant, and housing construction activities.

Full company description

Samsung C&T Corporation engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas. Its engineering and construction business cover building, civil infrastructure, plant, and housing construction activities. The company trades in chemicals such as polymers, fertilizers, methanol, general chemical, and mining materials; hot and cold-rolled, stainless steel, coated/colored steel, plates, and wire rods products; energy resources comprising renewable energy, biofuel, hydrogen, LNG power plants, and project organizing; and industrial materials, including component and process chemical, equipment, consumables, ore concentrate, electrolytic copper and precious metals, and battery materials. In addition, the company provides men and women clothing under the GALAXY, BEANPOLE, KUHO, LEBEIGE, and 8 Seconds brand names. Further, it engages in theme park, water park, golf club, and landscaping business. The company was formerly known as Cheil Industries Inc. and changed its name to Samsung C&T Corporation in September 2015. Samsung C&T Corporation was founded in 1938 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 C&T Corp reported revenue of 40.7T KRW in FY2025 versus 34.5T KRW in FY2021, a compound +4.3%/yr. Reported net income was 2.4T KRW in FY2025, compounding +10.5%/yr from FY2021.

Growth Quality 52/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
40.7T KRW
Latest YoY
−3.2%
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.
−1.9%
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.
+6.2%
Avg. revenue growth/yr (12Y) 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.
+23.5%
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.
+18.8% (18.0 + 0.8)
Revenue +4.3%/yr
FY21 34.5T KRW
FY22 43.2T KRW
FY23 41.9T KRW
FY24 42.1T KRW
FY25 40.7T KRW
Net income +10.5%/yr
FY21 1.6T KRW
FY22 2.0T KRW
FY23 2.2T KRW
FY24 2.2T KRW
FY25 2.4T KRW

028260 screens 40% overvalued. Compare with Quanta Services, Inc →

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Cite: Fair Value Calculator (2026). "Samsung C&T Corp Fair Value". https://www.fairvalue-calculator.com/stock/028260

Peer Group

Engineering & Construction · 817 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 47 · Below median
Fair Value upside −29% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 2% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 8% · Above median
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Engineering & Construction 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
VALUE0 · sector 17
FUTURE38 · sector 12
PAST30 · sector 26
HEALTH98 · sector 94
DIVIDEND15 · sector 39

VALUE 0: the price sits above our fair-value range.

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).

Stock Price Fair Value vs Fair Value
Quanta Services, Inc PWR $620.06 $143.92 −77%
Vinci SA DG €114.35 €185.62 +62%
Comfort Systems USA, Inc FIX $1,615 $519.97 −68%
Larsen & Toubro Limited LT ₹4,072 ₹2,196 −46%
Ferrovial N.V FER €57.28 €19.17 −67%
HOCHTIEF Aktiengesellschaft HOT €426.40 €203.87 −52%
EMCOR Group EME $775.04 $549.47 −29%
MasTec, Inc MTZ $241.00 $100.00 −59%
Bouygues SA EN €46.65 €65.67 +41%
Sterling Infrastructure, Inc STRL $460.03 $198.57 −57%

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Frequently asked questions

Is Samsung C&T Corp (028260) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of 261,411 KRW versus a price of 367,000 KRW, about −29% upside (overvalued).
What is the fair value of 028260?
Our model-based fair value for Samsung C&T Corp is 261,411 KRW (as of Sep 3, 2026), built from audited fundamentals. The current price: 367,000 KRW.
What is the quality score of 028260?
Samsung C&T Corp has a Quality Score of 47/100. 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 C&T Corp (028260)?
Samsung C&T Corp reported trailing-twelve-month revenue of about 41.5T KRW (latest available figure, as of Sep 3, 2026).
What is the net profit margin of 028260?
The net profit margin of Samsung C&T Corp is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.
Does Samsung C&T Corp pay a dividend?
Samsung C&T Corp currently shows a dividend yield of about 0.76% relative to its recent price (as of Sep 3, 2026).
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