Samsung Engineering (028050) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Samsung Engineering stock KRW 40,333, price KRW 60,500, that is 33.3% below the price, quality 51 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 15,155 KRW – 65,500 KRW · fair‑value band 23,484 KRW – 61,398 KRW · the 60,500 KRW price screens above the 40,333 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Samsung E&A Co., Ltd. provides a range of engineering services for plant and other construction in South Korea, the United States, Asia, the Middle East, and internationally. The company operates in two segments, Hydrocarbon Business and Non-Hydrocarbon Business.
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It offers feasibility study, financing, engineering, procurement, construction, commissioning, operation and maintenance, and project management services.
The company serves various industries comprising oil and gas processing, refinery, petrochemical, industrial, environmental, and bio and energy transition solutions. Samsung E&A Co., Ltd. was founded in 1970 and is headquartered in Seoul, South Korea.
Stock analysis
Samsung Engineering (028050) currently trades at 60,500 KRW, while our model-based Fair Value estimate is 40,333 KRW, 33% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 58,662 KRW per share, and 2 of the 26 models we run sit above the 60,500 KRW price.
Bear case: the Dividend Discount group reads lowest at 8,766 KRW, and 24 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 23,484 KRW (bear) to 61,398 KRW (bull), the price of 60,500 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Samsung Engineering reported revenue of 9.0T KRW in FY2025 versus 7.5T KRW in FY2021, a compound +4.8%/yr. Reported net income was 617B KRW in FY2025, compounding +13.5%/yr from FY2021.
Key figures
Market cap 11.9T KRW (≈ $8.7B) Mid · P/E ratio 14.1 · P/S ratio 1.23 · EPS (TTM) 3,383 KRW · Dividend yield 1.3% · Net margin 6.9% · Return on equity 15.8% · Return on assets (EBIT) 8.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 160% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −33%, 028050 screens cheaper than that median.
Fair Value models
Bear23,484 KRWFair Value 40,333 KRWBull61,398 KRW
Price 60,500 KRW · Downside -33.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (2,217 KRW per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−9.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−3.5%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.1%
Start year 2020 (pandemic). Over 10 years: +3.4% a year
Revenue growth 24 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+8.6%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. 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.
+17.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+16.1%
Dividend (yield on the price)1.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.16.1% vs 37.4%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5% → 8%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+37.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+16.8%
Yearly sales growth analysts expect, extended to five years.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +35.0% a year for the price and +14.5% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Engineering & Construction · 791 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside−33.3% · Below median
Profitability
Return on equity (12 months)15.8% · Top 25%
Return on assets6.2% · Top 25%
Net margin (12 months)6.9% · Above median
Operating margin (12 months)10.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)19.8% · Above median
Dividend yield (12 months)1.3% · Below median
Balance sheet
Debt / equity0.06× · Below median
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Samsung Engineering Fair Value". https://www.fairvalue-calculator.com/stock/028050
Frequently asked questions
Is Samsung Engineering (028050) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 40,333 KRW versus a price of 60,500 KRW, about 33% lower (overvalued).
What is the fair value of 028050?
Our model-based fair value for Samsung Engineering is 40,333 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 60,500 KRW.
What is the quality score of 028050?
Samsung Engineering has a Quality Score of 51/100. 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 price target for Samsung Engineering (028050)?
Our model-based price target is the fair value of 40,333 KRW (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 23,484 KRW, optimistic scenario 61,398 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Samsung Engineering stock forecast for 2026?
Our models put fair value at 40,333 KRW, about 33% lower versus a price of 60,500 KRW (overvalued). Cautious scenario 23,484 KRW, optimistic scenario 61,398 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Samsung Engineering (028050)?
Samsung Engineering reported trailing-twelve-month revenue of about 9.6T KRW (latest available figure, as of Nov 8, 2026).
Does Samsung Engineering pay a dividend?
Samsung Engineering currently shows a dividend yield of 1.31% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Samsung Engineering (028050) and when is the ex-dividend date?
Samsung Engineering pays a dividend of 790.00 KRW per share a year, a dividend yield of 1.3%. The last ex-dividend date was Dec 29, 2025. The payout ratio is 23.4% of earnings. Free cash flow covers the dividend 1.02 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Samsung Engineering (028050)?
For today's price to be fair in a discounted-cash-flow model, Samsung Engineering would have to grow free cash flow by +37.8 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +6.1 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 028050 use?
Our models discount Samsung Engineering at 10.9 %: a base by market capitalisation (mid), damped by beta 1.28, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Samsung Engineering that is +37.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has Samsung Engineering (028050) delivered so far?
Over the past 5 years revenue at Samsung Engineering grew +6.1 % a year. The price currently implies free-cash-flow growth of +37.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Samsung Engineering (028050) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Samsung Engineering (+37.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Samsung Engineering (028050)?
The free-cash-flow yield on the price is 1.33 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Samsung Engineering produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Samsung Engineering (028050)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Samsung Engineering it is 40,333 KRW per share (as of Nov 8, 2026), against a price of 60,500 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Samsung Engineering stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 028050 trades above its calculated fair value: price 60,500 KRW, fair value 40,333 KRW, a gap of about −33% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 028050?
No. The price is what the market pays today (60,500 KRW); the fair value is what the company's own numbers justify (40,333 KRW). For Samsung Engineering the two are 20,167 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Samsung Engineering worth?
The market values Samsung Engineering at about 11.9T KRW (market capitalisation, as of Nov 8, 2026). Per share that is 60,500 KRW; our models calculate a fair value of 40,333 KRW per share.
What do the bullish and bearish scenarios say about 028050?
Our models span a range for Samsung Engineering: cautious scenario 23,484 KRW, base 40,333 KRW, optimistic 61,398 KRW per share (as of Nov 8, 2026, price 60,500 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 028050?
Samsung Engineering trades at a price-to-earnings ratio of 14.1 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 40,333 KRW is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 10.6. Other multiples: P/B 2.5, P/S 1.2, EV/EBITDA 11.2.
How solid is the balance sheet of Samsung Engineering (028050)?
Balance-sheet figures for Samsung Engineering (as of Nov 8, 2026): return on equity 15.8%, debt of 0.06 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 028050 from its 52-week high?
Samsung Engineering trades at 60,500 KRW, about 8% below its 52-week high of 65,500 KRW and 160% above the low of 23,250 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 40,333 KRW is for.
Which stocks are comparable to Samsung Engineering?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Samsung Engineering stock attractive at the current price?
The data as of Nov 8, 2026: price 60,500 KRW, calculated fair value 40,333 KRW (−33%), Quality Score 51/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 028050 calculated?
We run Samsung Engineering through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 40,333 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Samsung Engineering itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Samsung Engineering (028050)?
The closing price on Nov 6, 2026 was 60,500 KRW. Our model-based fair value is 40,333 KRW, about 33% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Samsung Engineering right now?
The model range is unusually wide (23,484 KRW to 61,398 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Samsung Engineering
How large is the market capitalisation of Samsung Engineering (028050)?
The market capitalisation of Samsung Engineering is 11.9T KRW (≈ $8.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Samsung Engineering (028050)?
The price-to-sales ratio of Samsung Engineering is 1.23 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Samsung Engineering (028050)?
Earnings per share at Samsung Engineering are 3,383 KRW (price ÷ EPS = P/E 14.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Samsung Engineering (028050)?
The dividend yield of Samsung Engineering is 1.3% (payout 23.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Samsung Engineering (028050)?
The net margin of Samsung Engineering is 6.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Samsung Engineering (028050)?
The return on equity (ROE) of Samsung Engineering is 15.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Samsung Engineering (028050)?
On an EBIT basis the return on assets of Samsung Engineering is 8.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Samsung Engineering (028050)?
The operating margin of Samsung Engineering is 10.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Samsung Engineering (028050)?
Revenue at Samsung Engineering is growing +19.8% versus a year earlier (3y avg −3.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Samsung Engineering (028050)?
Earnings per share at Samsung Engineering are growing +28.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Samsung Engineering (028050) carry?
The net debt of Samsung Engineering is 188B KRW (fiscal year 2018, ≈ 1.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026