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Samsung group engineering, procurement and construction contractor for chemical, energy and industrial plants.
Samsung group engineering, procurement and construction contractor for chemical, energy and industrial plants.
Wins lump-sum contracts to design, source equipment for and build plants, and books income as work progresses, so results depend on the backlog of projects won and on controlling cost overruns on fixed-price jobs. Middle East petrochemical and gas projects are the main source of work. It is also seeking work in hydrogen and other low-carbon plants.
In one line: A Samsung-affiliated Fluor/Jacobs.
Moat: narrow (scale, process know-how). Large-project execution track record wins repeat Middle East and Asia EPC contracts.
Headquarters: Seoul, South Korea · Founded: 1970 · Employees: 5,249
Size SamsungE&A (028050.KS) is a South Korea Industrials company (Engineering & Construction) with a market value of $8.73B, the 51st largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩60,500 on 6 Nov 2026.
Performance Over six months the shares gained 13.9%, against -12.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 19.1% over the last twelve months (peer median +2.0%); the operating margin is 11.1% (peer median 6.2%).
Valuation It trades at 13.6× forward earnings against a peer median of 11.5× (9th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 12.2 points above its cost of capital (7.2% WACC).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩10.5T | ₩9.03T | ₩9.97T | ₩10.6T | ₩10.1T |
| Revenue growth | — | -9% | -6% | +6% | — |
| Gross profit | n/a | ₩1.31T | ₩1.47T | ₩1.43T | ₩1.07T |
| EBITDA | n/a | ₩786B | ₩1.04T | ₩1.06T | ₩760B |
| Net income | ₩738B | ₩617B | ₩757B | ₩754B | ₩665B |
| Free cash flow | n/a | ₩201B | ₩1.59T | -₩488B | ₩556B |
| Capital expenditure | n/a | ₩96.5B | ₩86.4B | ₩54.1B | ₩57.6B |
| Total debt | n/a | ₩20.2B | ₩126B | ₩143B | ₩259B |
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 |
|---|---|---|---|---|---|---|
| SamsungE&A 028050.KS | $8.73B | +14% | +19% | 11% | 13.6× | -2.1% |
| GS Engineering & Construction 006360.KS | $1.86B | -22% | -15% | 3% | 16.8× | -9.8% |
| Fluor FLR | $6.22B | +7% | -5% | -2% | 14.2× | n/a |
| Technip Energies TE.PA | $6.83B | -8% | +2% | 4% | 18.9× | -6.5% |
| Saipem SPM.MI | $9.38B | -9% | +2% | 4% | 27.1× | 6.9% |
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 | 028050.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +24.5% | +0.7% | highest of 21 |
| 6-month return | +13.9% | -12.5% | 5th highest of 21 |
| Distance from 52-week high | -10.6% | -27.4% | 4th highest of 21 |
| Revenue growth (TTM) | +19.1% | +2.0% | 4th highest of 21 |
| Operating margin | 11.1% | 6.2% | 5th highest of 21 |
| Forward P/E | 13.6× | 11.5× | 9th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -2.1% | 6.9% | 5th least demanding of 16 |
| Growth delivered (Del g) | +6.1% | +11.5% | 5th lowest of 16 |
| Hurdle (Req g minus delivered) | -8.1 pp | -6.5 pp | 7th least demanding of 16 |
| ROIC minus cost of capital | +12.2 pp | +2.2 pp | 3rd highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SamsungE&A 028050.KS | South Korea | $8.73B | +14% | +19% | 11% | 13.6× | -2.1% | +6.1% |
| Aecom ACM | United States | $8.59B | -17% | -4% | 5% | 11.0× | 7.3% | +4.0% |
| Stantec STN.TO | Canada | $8.42B | -16% | +10% | 10% | 16.0× | 3.9% | +11.5% |
| JSW Infrastructure JSWINFRA.NS | India | $8.33B | +20% | +17% | 36% | 46.8× | n/a | n/a |
| Shimizu 1803.T | Japan | $8.30B | -35% | +6% | 6% | 7.8× | n/a | n/a |
| Saipem SPM.MI | Italy | $9.38B | -9% | +2% | 4% | 27.1× | 6.9% | +16.1% |
| Sterling Infrastructure STRL | United States | $7.71B | -70% | +93% | 19% | 9.4× | 8.8% | +11.8% |
| Metallurgical Corporation of China 1618.HK | Hong Kong | $7.67B | -14% | -18% | -4% | 5.1× | 5.2% | +1.9% |
| Atkinsrealis ATRL.TO | Canada | $9.94B | -7% | +15% | 7% | 19.9× | 11.4% | +9.6% |
| Tetra Tech TTEK | United States | $10.3B | +33% | -8% | 12% | 24.0× | 8.3% | +12.7% |
| Taisei 1801.T | Japan | $10.8B | -38% | +2% | 9% | 9.9× | 0.6% | +7.1% |
| Technip Energies TE.PA | France | $6.83B | -8% | +2% | 4% | 18.9× | -6.5% | +4.6% |
| Sichuan Road & Bridge 600039.SS | China | $11.4B | +8% | +8% | 10% | 9.7× | -5.0% | +12.3% |
| China National Chemical Engineering 601117.SS | China | $6.68B | -15% | +2% | 5% | 6.4× | -17.3% | +11.6% |
| China Railway Construction 601186.SS | China | $11.4B | -11% | -9% | 4% | 4.9× | n/a | n/a |
| Power Construction Corporation of China 601669.SS | China | $11.5B | -20% | -2% | 4% | 8.4× | n/a | n/a |
| Eiffage FGR.PA | France | $11.5B | -20% | +5% | 10% | 9.3× | -6.9% | +9.4% |
| IES IESC | United States | $6.38B | +32% | +23% | 12% | 12.6× | 11.2% | +22.9% |
| Skanska SKA-B.ST | Sweden | $12.1B | +16% | -6% | 4% | 17.1× | 8.3% | +2.0% |
| Dycom Industries DY | United States | $6.26B | -52% | +38% | 8% | 12.1× | 11.6% | +11.6% |
| Fluor FLR | United States | $6.22B | +7% | -5% | -2% | 14.2× | n/a | n/a |