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Samsung E&A Co (028050) Fair Value & Analysis

Industrials · KR · Market cap 8.3T KRW

SE Samsung E&A Co 028050 · KO
Price48,100 KRW
Fair Value44,840 KRW
Upside-6.8%
Quality51/100
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Expensive Growth
Thin margins · 6.8% net margin
Low debt · generates free cash flow
1.97% dividend yield
Ranks above peers (10/10)
Moderate moat 48/100
Evidence: High Range 26,650 KRW – 66,946 KRW Share as image

Fair value as of: Jul 15, 2026

From 26 valuation models · updated 25 days ago

Fair value updated Jul 15, 2026, revised from 44,927 KRW to 44,840 KRW (−0.2%) since Jul 6, 2026. Share price +10.6% over the past month.

A solid business, currently priced close to our fair value.

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 (26,650 KRW to 66,946 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

64,400 KRW 12,126 KRW Fair Value 44,840 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 12,126 KRW – 64,400 KRW · fair‑value band 26,650 KRW – 66,946 KRW · the 48,100 KRW price screens above the 44,840 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Samsung E&A Co (028050) currently trades at 48,100 KRW, while our model-based Fair Value estimate is 44,840 KRW, implying the stock looks roughly 6.8% fairly valued today. The Quality Score stands at 51/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Samsung E&A Co generated revenue of 9.2T KRW at a net margin of 6.8%. Revenue grew 8.1% year over year. It earns a return on equity of 15.5%. Net debt stands at 188B KRW. Fundamentals as of Jul 15, 2026

Our scenario range runs from 26,650 KRW (bear case) to 66,946 KRW (bull case); at 48,100 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 29% below its 52-week high and 129% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -7%, 028050 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
Growth DCF 12,889 KRW 18,026 KRW 25,771 KRW 80
Residual Income 23,359 KRW 29,496 KRW 74,524 KRW 76
Rev-Margin DCF 27,041 KRW 45,126 KRW 65,737 KRW 74
All 26 models by family
DCF Models
FCF DCF 12,687 KRW 18,447 KRW 27,683 KRW 38
Owner Earnings 39,908 KRW 61,906 KRW 97,176 KRW 31
5Y Revenue Exit 27,041 KRW 45,560 KRW 69,627 KRW 39
5Y EBITDA Exit 29,467 KRW 50,102 KRW 74,442 KRW 41
5Y P/E Exit 35,710 KRW 61,792 KRW 89,424 KRW 38
10Y Revenue Exit 20,923 KRW 36,948 KRW 59,170 KRW 36
10Y EBITDA Exit 23,548 KRW 40,176 KRW 62,934 KRW 37
10Y P/E Exit 27,620 KRW 48,484 KRW 74,645 KRW 35
Earnings-Based
Graham-Dodd 21,423 KRW 66,845 KRW 88,924 KRW 54
Lynch FV 14,555 KRW 20,793 KRW 27,031 KRW 50
PEG = 1.0 14,555 KRW 20,793 KRW 27,031 KRW 46
EPV 32,798 KRW 38,052 KRW 42,721 KRW 59
Dividend Discount
Gordon GGM 6,349 KRW 13,860 KRW 23,320 KRW 70
DDM Multi-Stage 6,349 KRW 10,716 KRW 14,444 KRW 61
Multiples
P/E Multiple 49,619 KRW 66,159 KRW 82,698 KRW 63
P/S Multiple 40,168 KRW 53,557 KRW 66,946 KRW 58
P/B Multiple 40,168 KRW 53,557 KRW 66,946 KRW 55
EV/EBIT 48,817 KRW 64,079 KRW 79,341 KRW 53
EV/EBITDA 42,130 KRW 55,164 KRW 68,197 KRW 54
EV/Revenue 35,709 KRW 49,714 KRW 63,720 KRW 43
Asset-Based
NCAV (Graham) 12,094 KRW 16,206 KRW 24,187 KRW 50
Growth DCF
Growth DCF 12,889 KRW 18,026 KRW 25,771 KRW 80
Rev-Margin DCF 27,041 KRW 45,126 KRW 65,737 KRW 74
Economic Profit
Residual Income 23,359 KRW 29,496 KRW 74,524 KRW 76
ROIC Compounder 34,683 KRW 44,040 KRW 55,762 KRW 72
Growth Earnings
Growth-Adj P/E 41,063 KRW 58,662 KRW 76,261 KRW 68

Widest divergence: Growth Earnings (58,662 KRW) versus Dividend Discount (10,716 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 9.2T KRW
Revenue growth (YoY) +8.1%
Net margin 6.8%
Return on equity 15.5%
Free cash flow 158B KRW FY2025
Operating margin 8.3%
More key figures
Dividend yield 2.0%
EPS growth (YoY) +3.4%
Net debt 188B KRW FY2018

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 51 · Market factors (momentum, volatility) 63

Profitability 45
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 23
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 24
Calm price path (market factor)
Momentum 80
Price trend over the last 3–12 months (market factor)
52W Momentum 78
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 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.

Full company description

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. 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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Samsung E&A Co 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.

Growth Quality 50/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
9.0T KRW
Latest YoY
−9.4%
Avg. growth/yr (3Y)
−3.5%
Avg. growth/yr (5Y)
+6.1%
Avg. growth/yr (24Y)
+8.6%
Revenue +4.8%/yr
FY21 7.5T KRW
FY22 10.1T KRW
FY23 10.6T KRW
FY24 10.0T KRW
FY25 9.0T KRW
Net income +13.5%/yr
FY21 372B KRW
FY22 665B KRW
FY23 754B KRW
FY24 757B KRW
FY25 617B KRW

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Cite: Fair Value Calculator (2026). "Samsung E&A Co Fair Value". https://www.fairvalue-calculator.com/stock/028050

Peer Group

Engineering & Construction · 837 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 51 · Above median
Fair Value upside −7% · Above median
Return on equity (TTM) 15% · Top 25%
Return on assets 5% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 8% · Above median
Dividend yield (TTM) 2.0% · Above median
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

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

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 24 · sector 16
FUTURE 41 · sector 18
PAST 62 · sector 26
HEALTH 97 · sector 94
DIVIDEND 39 · sector 33

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%
GS Engineering & Construction Corporation 006360 34,400 KRW 23,135 KRW -33%

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Frequently asked questions

Is Samsung E&A Co (028050) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 44,840 KRW versus a price of 48,100 KRW, about −7% (fairly valued).
What is the fair value of 028050?
Our model-based fair value for Samsung E&A Co is 44,840 KRW (as of Jul 15, 2026), built from audited fundamentals. The current price is 48,100 KRW.
What is the quality score of 028050?
Samsung E&A Co 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 revenue of Samsung E&A Co (028050)?
Samsung E&A Co reported trailing-twelve-month revenue of about 9.2T KRW (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 028050?
The net profit margin of Samsung E&A Co is about 6.8%, meaning it keeps roughly 6.8% of revenue as net income. Based on the latest reported figures.
Does Samsung E&A Co pay a dividend?
Samsung E&A Co currently shows a dividend yield of about 1.63% relative to its recent price (as of Jul 15, 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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