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Samsung-affiliated shipbuilder; builds LNG carriers, offshore drilling ships and naval vessels.
Samsung-affiliated shipbuilder; builds LNG carriers, offshore drilling ships and naval vessels.
Customers pay in stages as a ship is built, with orders taken years before delivery, so the order book, mostly LNG carriers and floating offshore gas production vessels, shapes later results. It has built floating LNG production vessels, including the hull for Shell's Prelude.
In one line: Korea's NASSCO, Samsung-affiliated.
Moat: narrow (scale, process know-how). Track record in complex LNG-carrier and offshore builds; industry remains cyclical/competitive.
Headquarters: Geoje, South Korea · Founded: 1974 · Employees: 10,589
Size SamsungHvyInd (010140.KS) is a South Korea Industrials company (Trucks/Construction/Farm Machinery) with a market value of $10.2B, the 45th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩16,200 on 6 Nov 2026.
Performance Over six months the shares fell 49.9%, against -11.8% for the median peer and -24.5% for the South Korea market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 30.3% over the last twelve months (peer median +8.4%); the operating margin is 26.7% (peer median 13.1%).
Valuation It trades at 13.3× forward earnings against a peer median of 16.1× (8th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -20% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -32 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 64.6 points above its cost of capital (6.8% WACC).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩14.9T | ₩11.8T | ₩11.3T | ₩8.82T | ₩6.49T |
| Revenue growth | — | +4% | +28% | +36% | — |
| Gross profit | n/a | ₩2.47T | ₩2.27T | ₩1.43T | ₩59.3B |
| EBITDA | n/a | ₩2.27T | ₩2.17T | ₩1.29T | -₩106B |
| Net income | ₩894B | ₩546B | ₩63.9B | -₩148B | -₩619B |
| Free cash flow | n/a | ₩1.76T | ₩548B | -₩634B | -₩1.15T |
| Capital expenditure | n/a | ₩226B | ₩173B | ₩153B | ₩62.4B |
| Total debt | n/a | ₩2.31T | ₩3.54T | ₩3.68T | ₩3.12T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| SamsungHvyInd 010140.KS | $10.2B | -50% | +30% | 27% | 13.3× | -20.3% |
| Hd Hyundai Heavy Industries 329180.KS | $20.3B | -62% | +41% | 15% | 9.5× | -7.0% |
| Hanwha Ocean 042660.KS | $10.7B | -64% | +18% | 13% | 8.7× | -12.4% |
| China CSSC 600150.SS | $39.7B | -16% | +80% | 8% | 13.3× | -7.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 010140.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -17.1% | -6.6% | 4th lowest of 21 |
| 6-month return | -49.9% | -11.8% | 3rd lowest of 21 |
| Distance from 52-week high | -54.2% | -28.8% | 3rd lowest of 21 |
| Revenue growth (TTM) | +30.3% | +8.4% | 3rd highest of 21 |
| Operating margin | 26.7% | 13.1% | 3rd highest of 21 |
| Forward P/E | 13.3× | 16.1× | 8th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -20.3% | 7.2% | least demanding of 18 |
| Growth delivered (Del g) | +11.4% | +8.5% | 8th highest of 18 |
| Hurdle (Req g minus delivered) | -31.7 pp | -0.4 pp | least demanding of 18 |
| ROIC minus cost of capital | +64.6 pp | +9.5 pp | 3rd highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SamsungHvyInd 010140.KS | South Korea | $10.2B | -50% | +30% | 27% | 13.3× | -20.3% | +11.4% |
| Toro TTC | United States | $9.92B | +10% | +5% | 11% | 21.2× | 5.6% | +6.0% |
| Hanwha Ocean 042660.KS | South Korea | $10.7B | -64% | +18% | 13% | 8.7× | -12.4% | +13.2% |
| Ashok Leyland ASHOKLEY.NS | India | $10.7B | +1% | +16% | 17% | 24.8× | n/a | n/a |
| Sinotruk Hong Kong 3808.HK | Hong Kong | $12.3B | -12% | +38% | 7% | 9.4× | -3.2% | +1.5% |
| Hdksoe 009540.KS | South Korea | $12.5B | -48% | +23% | 23% | 4.4× | n/a | n/a |
| XCMG Construction Machinery 000425.SZ | China | $12.6B | -28% | +8% | 8% | 11.0× | -3.2% | +6.4% |
| Weir WEIR.L | United Kingdom | $8.18B | -3% | +6% | 18% | 18.1× | 19.3% | +5.5% |
| Mazagon Dock Shipbuilders MAZDOCK.NS | India | $7.87B | -31% | +8% | 15% | 30.5× | n/a | n/a |
| Yangzijiang Shipbuilding (Holdings) BS6.SI | Singapore | $13.5B | +11% | +26% | 32% | 8.2× | -10.1% | +11.8% |
| AGCO AGCO | United States | $7.61B | -6% | +1% | 6% | 17.1× | 10.5% | +2.0% |
| Gaztransport & Technigaz GTT.PA | France | $7.50B | -13% | +9% | 64% | 16.1× | -3.1% | +15.2% |
| Konecranes KCR.HE | Finland | $7.47B | +5% | -1% | 13% | 15.9× | 9.1% | +5.7% |
| Accelleron Industries ACLN.SW | Switzerland | $7.29B | -25% | +13% | 25% | 25.1× | 3.5% | +12.1% |
| CNH Industrial CNH | United States | $14.3B | +5% | +1% | 13% | 21.1× | 7.4% | -7.0% |
| Doosan 000150.KS | South Korea | $7.10B | -60% | +11% | 6% | 16.1× | 15.0% | +11.6% |
| Babcock International BAB.L | United Kingdom | $6.60B | 0% | +7% | 6% | 15.4× | 13.2% | +5.5% |
| Metso METSO.HE | Finland | $15.8B | +14% | +8% | 15% | 23.6× | 15.3% | +9.6% |
| Hitachi Construction Machinery 6305.T | Japan | $6.36B | -12% | +7% | 10% | 11.2× | 3.9% | +11.6% |
| Terex TEX | United States | $6.18B | -14% | +40% | 7% | 9.9× | 12.1% | +12.0% |
| Wartsila Oyj Abp WRT1V.HE | Finland | $17.1B | -25% | -2% | 13% | 23.5× | 7.2% | +8.5% |