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Samsung Securities Co (016360) Fair Value & Analysis

Financial Services · KR · Market cap 9.6T KRW

SS Samsung Securities Co 016360 · KO
Price91,000 KRW
Fair Value126,487 KRW
Upside+39.0%
Quality40/100
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Expensive Growth
Thin margins · 7.7% net margin
Low debt · negative free cash flow
3.71% dividend yield
Mixed vs. peers (5/9)
Moderate moat 57/100
Evidence: High Range 94,865 KRW – 158,109 KRW Share as image

Fair value as of: Jul 17, 2026

From 2 valuation models · updated 23 days ago

Share price −18.5% over the past month.

Below-average quality, screening 39% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (94,865 KRW). The market is more pessimistic than our downside scenario.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

149,500 KRW 24,011 KRW Fair Value 126,487 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 24,011 KRW – 149,500 KRW · fair‑value band 94,865 KRW – 158,109 KRW · the 91,000 KRW price screens below the 126,487 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Samsung Securities Co (016360) currently trades at 91,000 KRW, while our model-based Fair Value estimate is 126,487 KRW, implying the stock looks roughly 39.0% undervalued today. The Quality Score stands at 40/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Samsung Securities Co generated revenue of 15.7T KRW at a net margin of 7.7%. Revenue grew 129.2% year over year. It earns a return on equity of 15.7%. Fundamentals as of Jul 17, 2026

Our scenario range runs from 94,865 KRW (bear case) to 158,109 KRW (bull case); at 91,000 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 44% below its 52-week high and 56% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at 39%, 016360 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

Model BearBaseBull Evidence
Highest evidence
P/B Multiple 57,597 KRW 76,796 KRW 95,995 KRW 55
NCAV (Graham) 45,174 KRW 60,533 KRW 90,348 KRW 50
All 2 models by family
Multiples
P/B Multiple 57,597 KRW 76,796 KRW 95,995 KRW 55
Asset-Based
NCAV (Graham) 45,174 KRW 60,533 KRW 90,348 KRW 50

Widest divergence: Multiples (76,796 KRW) versus Asset-Based (60,533 KRW). Highest evidence: P/B Multiple (55).

Key figures & financial health

Revenue (TTM) 15.7T KRW
Revenue growth (YoY) +129%
Net margin 7.7%
Return on equity 15.7%
Free cash flow −5.4T KRW FY2025
Operating margin 28.5%
More key figures
Dividend yield 3.2%
EPS growth (YoY) +81.5%

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 51 · Market factors (momentum, volatility) 45

Profitability 37
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 34
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 46
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.

About the company

Samsung Securities Co.,Ltd. operates as a financial investment company in South Korea. The company offers asset and wealth management services; global investment strategy; tax, real estate, and legal consulting services; digital and pension services, such as pension asset management services; investment products, including domestic and overseas stocks, …

Full company description

Samsung Securities Co.,Ltd. operates as a financial investment company in South Korea. The company offers asset and wealth management services; global investment strategy; tax, real estate, and legal consulting services; digital and pension services, such as pension asset management services; investment products, including domestic and overseas stocks, funds, ELS, fixed-income, wrap, and other financial products; channel solutions; credits and loans; corporate banking; and capital management services. It also provides an equity platform to support investment activities, such as brokerage and liquidity provision for domestic and global stocks, ETFs, and ETNs; private equity fund solutions; FIIC products and services, including KRW/USD repurchase agreements (RP), domestic and global bond offerings, and FX services; and structured derivative products. In addition, the company offers investment banking services consisting of equity and debt capital markets, mergers and acquisitions, investment finance, and alternative investment services; and sales and trading services. Samsung Securities Co.,Ltd. was incorporated in 1982 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 Securities Co reported revenue of 2.5T KRW in FY2025 versus 2.2T KRW in FY2021, a compound +3.2%/yr. Reported net income was 1.0T KRW in FY2025, compounding +1.1%/yr from FY2021.

Growth Quality 56/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.5T KRW
Latest YoY
+12.4%
Avg. growth/yr (3Y)
+21.9%
Avg. growth/yr (5Y)
+11.1%
Avg. growth/yr (26Y)
+4.6%
Revenue +3.2%/yr
FY21 2.2T KRW
FY22 1.4T KRW
FY23 1.7T KRW
FY24 2.3T KRW
FY25 2.5T KRW
Net income +1.1%/yr
FY21 965B KRW
FY22 422B KRW
FY23 547B KRW
FY24 899B KRW
FY25 1.0T KRW

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Cite: Fair Value Calculator (2026). "Samsung Securities Co Fair Value". https://www.fairvalue-calculator.com/stock/016360

Peer Group

Capital Markets · 425 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 53 · Below median
Fair Value upside +39% · Above median
Return on equity (TTM) 16% · Above median
Return on assets 2% · Below median
Net margin (TTM) 8% · Below median
Operating margin (TTM) 29% · Above median
Revenue growth 129% · Top 25%
Dividend yield (TTM) 3.7% · Above median
Debt / equity 0.26× · Higher than median

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.

VALUE 85 · sector 9
FUTURE 100 · sector 96
PAST 63 · sector 30
HEALTH 87 · sector 93
DIVIDEND 74 · sector 36

Insider activity: 40/100

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%
Daishin Securities Co 003540 26,200 KRW 46,660 KRW +78%

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Frequently asked questions

Is Samsung Securities Co (016360) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 126,487 KRW versus a price of 91,000 KRW, about +39% (undervalued).
What is the fair value of 016360?
Our model-based fair value for Samsung Securities Co is 126,487 KRW (as of Jul 17, 2026), built from audited fundamentals. The current price is 91,000 KRW.
What is the quality score of 016360?
Samsung Securities Co has a Quality Score of 40/100. 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 Securities Co (016360)?
Samsung Securities Co reported trailing-twelve-month revenue of about 15.7T KRW (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 016360?
The net profit margin of Samsung Securities Co is about 7.7%, meaning it keeps roughly 7.7% of revenue as net income. Based on the latest reported figures.
Does Samsung Securities Co pay a dividend?
Samsung Securities Co currently shows a dividend yield of about 3.24% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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