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

Industrials · KR · Market cap 56.6T KRW

SC Samsung C&T Corporation 028260 · KO
Price334,000 KRW
Fair Value268,779 KRW
Upside-19.5%
Quality49/100
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Mixed Growth
Thin margins · 6.2% net margin
Low debt · generates free cash flow
0.81% dividend yield
Ranks above peers (8/10)
Narrow moat 39/100
Evidence: Medium Range 203,487 KRW – 394,818 KRW Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 21 days ago

Fair value updated Jul 17, 2026, revised from 268,469 KRW to 268,779 KRW (+0.1%) since Jul 6, 2026. Share price −21.3% over the past month.

Below-average quality, and screening another 20% overvalued on our models.

What matters now

  • Solid but not exceptional quality (49/100) 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.
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Price vs Fair Value (5 years)

535,000 KRW 94,303 KRW Fair Value 268,779 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 94,303 KRW – 535,000 KRW · fair‑value band 203,487 KRW – 394,818 KRW · the 334,000 KRW price screens above the 268,779 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 C&T Corporation (028260) currently trades at 334,000 KRW, while our model-based Fair Value estimate is 268,779 KRW, implying the stock looks roughly 19.5% overvalued today. We read business quality at 49/100 (below-average 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: medium).

Over the trailing twelve months, Samsung C&T Corporation 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 Jul 17, 2026

Our scenario range runs from 203,487 KRW (bear case) to 394,818 KRW (bull case); at 334,000 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 41% below its 52-week high and 118% 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 -20%, 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 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 97,750 KRW 146,242 KRW 220,895 KRW 80
Residual Income 238,330 KRW 241,110 KRW 232,990 KRW 76
Rev-Margin DCF 159,426 KRW 270,326 KRW 400,776 KRW 74
All 26 models by family
DCF Models
FCF DCF 96,444 KRW 151,925 KRW 243,512 KRW 38
Owner Earnings 132,474 KRW 211,457 KRW 341,841 KRW 31
5Y Revenue Exit 159,426 KRW 273,045 KRW 422,431 KRW 39
5Y EBITDA Exit 197,859 KRW 346,621 KRW 525,077 KRW 41
5Y P/E Exit 175,569 KRW 303,950 KRW 442,507 KRW 38
10Y Revenue Exit 131,092 KRW 232,069 KRW 375,813 KRW 36
10Y EBITDA Exit 162,464 KRW 284,992 KRW 457,729 KRW 37
10Y P/E Exit 147,796 KRW 254,299 KRW 391,835 KRW 35
Earnings-Based
Graham-Dodd 102,277 KRW 354,132 KRW 475,728 KRW 54
Lynch FV 82,017 KRW 117,167 KRW 152,317 KRW 50
PEG = 1.0 82,017 KRW 117,167 KRW 152,317 KRW 46
EPV 166,683 KRW 194,088 KRW 218,448 KRW 59
Dividend Discount
Gordon GGM 25,240 KRW 55,104 KRW 92,714 KRW 70
DDM Multi-Stage 25,240 KRW 44,751 KRW 57,427 KRW 61
Multiples
P/E Multiple 225,611 KRW 300,814 KRW 376,018 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 286,767 KRW 378,560 KRW 470,352 KRW 53
EV/EBITDA 273,902 KRW 361,406 KRW 448,910 KRW 54
EV/Revenue 197,014 KRW 276,568 KRW 356,121 KRW 43
Asset-Based
NCAV (Graham) 153,890 KRW 206,212 KRW 307,780 KRW 50
Growth DCF
Growth DCF 97,750 KRW 146,242 KRW 220,895 KRW 80
Rev-Margin DCF 159,426 KRW 270,326 KRW 400,776 KRW 74
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 194,969 KRW 278,527 KRW 362,085 KRW 68

Widest divergence: Growth Earnings (278,527 KRW) versus Dividend Discount (44,751 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 41.5T KRW
Revenue growth (YoY) +7.5%
Net margin 6.2%
Return on equity 7.5%
Free cash flow 1.1T KRW FY2025
Operating margin 6.9%
More key figures
Dividend yield 0.6%
EPS growth (YoY) +15.2%
Net debt 218B KRW FY2024

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

Quality Score breakdown

Overall quality 49/100

Of which business quality 47 · Market factors (momentum, volatility) 57

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 70
Price trend over the last 3–12 months (market factor)
52W Momentum 72
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.

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 Corporation 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. growth/yr (3Y)
−1.9%
Avg. growth/yr (5Y)
+6.2%
Avg. growth/yr (12Y)
+23.5%
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 20% overvalued. Compare with Larsen & Toubro Limited →

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

Peer Group

Engineering & Construction · 831 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 49 · Above median
Fair Value upside −20% · 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

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 7 · sector 17
FUTURE 38 · sector 17
PAST 30 · sector 26
HEALTH 98 · sector 94
DIVIDEND 16 · sector 33

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 17, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
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 ₹102.36 ₹48.22 -53%
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 C&T Corporation (028260) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 268,779 KRW versus a price of 334,000 KRW, about −20% (overvalued).
What is the fair value of 028260?
Our model-based fair value for Samsung C&T Corporation is 268,779 KRW (as of Jul 17, 2026), built from audited fundamentals. The current price is 334,000 KRW.
What is the quality score of 028260?
Samsung C&T Corporation has a Quality Score of 49/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Samsung C&T Corporation (028260)?
Samsung C&T Corporation reported trailing-twelve-month revenue of about 41.5T KRW (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 028260?
The net profit margin of Samsung C&T Corporation 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 Corporation pay a dividend?
Samsung C&T Corporation currently shows a dividend yield of about 0.61% 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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