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Samsung Card Co. Ltd. (029780) Fair Value & Analysis

Financial Services · KR · Market cap 5.0T KRW (≈ $3.5B) · ISIN KR7029780004

What is Samsung Card Co. Ltd. really worth?

SC Samsung Card Co. Ltd. 029780 · KO
Price46,150 KRW
Fair Value78,689 KRW
Upside+70.5%
Quality46/100

Below-average quality, trading 41% below our fair value of 78,689 KRW.

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Strengths

Highly profitable · 21.5% net margin

Risks

!Weak Growth (revenue 5y −6.4 %/yr)
!High debt · negative free cash flow
!Mixed vs. peers (4/9)
!Moderate moat 61/100
!Evidence only medium, so the estimate is less certain
!Weak on future: 19 out of 100
!Weak on past: 29 out of 100

For context

·6.07% dividend yield
Evidence: Medium Range 59,017 KRW – 98,362 KRW

Fair value as of: Sep 1, 2026

From 9 valuation models · updated 4 days ago

Share price −1.7% 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 is below even our cautious bear case (59,017 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

64,212 KRW 23,038 KRW Fair Value 78,689 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 1, 2026.

How to read this chart

60‑month range 23,038 KRW – 64,212 KRW · fair‑value band 59,017 KRW – 98,362 KRW · the 46,150 KRW price screens below the 78,689 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 1, 2026.

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Analysis

Samsung Card Co. Ltd. (029780) currently trades at 46,150 KRW, while our model-based Fair Value estimate is 78,689 KRW, implying the stock looks roughly 41.4% undervalued today. The Quality Score stands at 46/100 (below-average quality), in the Financial Services sector. Bull case: the DCF Models group reads highest at a median of 117,049 KRW per share, and 9 of the 9 models we run sit above the 46,150 KRW price. Bear case: the Dividend Discount group reads lowest at 48,167 KRW, and 0 of the 9 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Samsung Card Co. Ltd. generated revenue of 3.3T KRW at a net margin of 19.0%. Revenue grew 24.8% year over year. It earns a return on equity of 7.2%. Net debt stands at 19.4T KRW. Fundamentals as of Sep 1, 2026

Our scenario range runs from 59,017 KRW (bear case) to 98,362 KRW (bull case); at 46,150 KRW, the current price sits below 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 30% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −48% fair-value upside, at 71%, 029780 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
Residual Income best evidence 69,161 KRW 73,729 KRW 81,428 KRW 76
Owner Earnings 117,049 KRW 382,189 KRW 73
DDM Multi-Stage 26,933 KRW 48,167 KRW 61,279 KRW 66
All 9 models by family
DCF Models
Owner Earnings 117,049 KRW 382,189 KRW 73
Earnings-Based
Graham-Dodd 41,161 KRW 254,970 KRW 355,915 KRW 63
Lynch FV 73,260 KRW 104,657 KRW 136,054 KRW 61
Dividend Discount
Gordon GGM 26,933 KRW 58,800 KRW 98,933 KRW 65
DDM Multi-Stage 26,933 KRW 48,167 KRW 61,279 KRW 66
Multiples
P/E Multiple 59,017 KRW 78,689 KRW 98,362 KRW 63
P/B Multiple 77,176 KRW 102,902 KRW 128,627 KRW 55
Asset-Based
NCAV (Graham) 41,530 KRW 55,650 KRW 83,059 KRW 54
Economic Profit
Residual Income best evidence 69,161 KRW 73,729 KRW 81,428 KRW 76

Widest divergence: DCF Models (117,049 KRW) versus Dividend Discount (48,167 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

P/S ratio 1.75 TTM
Dividend yield 6.1%
Net margin 37.0% FY2025
Return on equity 7.2% TTM
Return on assets (EBIT) −9.0% avg 5y
Operating margin 53.5% TTM
More key figures
Growth
Revenue (TTM) 2.9T KRW TTM
Revenue growth (YoY) +3.7% 3y avg −14.1%
EPS growth (YoY) −15.2%
Balance sheet & cash flow
Free cash flow −1.6T KRW FY2025
Net debt 19.4T KRW FY2025

Figures from reported company fundamentals · as of Sep 1, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 38 · Market factors (momentum, volatility) 42

Profitability 33
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 14
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 19
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 Card Co., Ltd. provides financial services in South Korea. It operates through Credit card, Installment and leasing, and Other operating segment.

Full company description

Samsung Card Co., Ltd. provides financial services in South Korea. It operates through Credit card, Installment and leasing, and Other operating segment. The company offers card payment services, such as credit card, debit card, and pre-paid cards; short-term and long-term card loans; and Installment services for electronics, consumer durables, industrial goods, and automobiles; and auto leasing, flat leasing, and rental services. It is also involved in providing general loan, debt cancellation and debt suspension, SMS notification, fraud protection, and asset-backed securitization services; Insurance sales agents; and services for shopping, travel, and wedding. The company was formerly known as Samsung Credit Card Co., Ltd. and changed its name to Samsung Card Co., Ltd. in July 1995. The company was incorporated in 1983 and is headquartered in Seoul, South Korea. Samsung Card Co., Ltd. is a subsidiary of Samsung Life Insurance Co., Ltd..

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Samsung Card Co. Ltd. reported revenue of 1.7T KRW in FY2025 versus 2.7T KRW in FY2021, a compound −10.2%/yr. Reported net income was 646B KRW in FY2025, compounding +4.1%/yr from FY2021.

Growth Quality 17/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.7T KRW
Latest YoY
+0.0%
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.
−14.1%
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.
−6.4%
Avg. revenue growth/yr (21Y) 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.
−2.5%
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.
+16.2% (10.1 + 6.1)
Revenue −10.2%/yr
FY21 2.7T KRW
FY22 2.8T KRW
FY23 2.7T KRW
FY24 1.7T KRW
FY25 1.7T KRW
Net income +4.1%/yr
FY21 551B KRW
FY22 622B KRW
FY23 609B KRW
FY24 665B KRW
FY25 646B KRW

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Cite: Fair Value Calculator (2026). "Samsung Card Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/029780

Peer Group

Credit Services · 324 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 46 · Below median
Fair Value upside +71% · Top 25%
Return on equity (TTM) 7% · Below median
Return on assets 2% · Below median
Net margin (TTM) 22% · Above median
Operating margin (TTM) 54% · Above median
Revenue growth 4% · Below median
Dividend yield (TTM) 6.1% · Top 25%
Debt / equity 1.57× · Higher than median

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
VALUE100 · sector 36
FUTURE19 · sector 40
PAST29 · sector 32
HEALTH22 · sector 59
DIVIDEND100 · sector 55

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 Credit Services stocks, each showing price versus our Fair Value estimate (as of Sep 1, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $379.66 $198.27 −48%
Mastercard Incorporated MA $591.73 $221.87 −63%
American Express Company AXP $334.16 $206.40 −38%
Capital One Financial Corporation COF $215.67 $117.51 −46%
Bajaj Finance Limited BAJFINANCE ₹1,093 ₹397.70 −64%
PayPal Holdings PYPL $61.47 $77.12 +25%
Shriram Finance Limited SHRIRAMFIN ₹1,134 ₹553.82 −51%
Synchrony Financial, SYF $78.05 $137.28 +76%
SoFi Technologies, Inc SOFI $18.06 $5.02 −72%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,866 ₹796.47 −57%

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Frequently asked questions

Is Samsung Card Co. Ltd. (029780) overvalued or undervalued?
As of Sep 1, 2026, our model estimates a fair value of 78,689 KRW versus a price of 46,150 KRW, about +71% upside (undervalued).
What is the fair value of 029780?
Our model-based fair value for Samsung Card Co. Ltd. is 78,689 KRW (as of Sep 1, 2026), built from audited fundamentals. The current price: 46,150 KRW.
What is the quality score of 029780?
Samsung Card Co. Ltd. has a Quality Score of 46/100. 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 Card Co. Ltd. (029780)?
Samsung Card Co. Ltd. reported trailing-twelve-month revenue of about 3.3T KRW (latest available figure, as of Sep 1, 2026).
What is the net profit margin of 029780?
The net profit margin of Samsung Card Co. Ltd. is about 19.0%, meaning it keeps roughly 19.0% of revenue as net income. Based on the latest reported figures.
Does Samsung Card Co. Ltd. pay a dividend?
Samsung Card Co. Ltd. currently shows a dividend yield of about 6.07% relative to its recent price (as of Sep 1, 2026).
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