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Samsung group conglomerate spanning construction/engineering, global trading, fashion retail and resort/leisure, plus large stakes in Samsung Electronics.
Samsung group conglomerate spanning construction/engineering, global trading, fashion retail and resort/leisure, plus large stakes in Samsung Electronics.
Earns from construction contracts, trading margins and fashion and resort sales, but its value also rests on stakes in Samsung affiliates, notably Samsung Biologics and a holding in Samsung Electronics. The 2015 merger with Cheil Industries, which owned the family's fashion and resort arms, made it the group's control vehicle.
In one line: Part Bechtel (construction), part trading house, part Samsung-family holding vehicle..
Moat: narrow (scale, brand, installed base). De facto holding vehicle for the Samsung family's control stake in Samsung Electronics, plus real operating construction and trading units.
Headquarters: Seoul, South Korea · Founded: 1938 · Employees: 9,261
Size Samsung C&t (028260.KS) is a South Korea Industrials company (Engineering & Construction) with a market value of $31.3B, the 10th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩273,500 on 6 Nov 2026.
Performance Over six months the shares fell 8.4%, against -14.9% for the median peer and -24.5% for the South Korea market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 13.5% over the last twelve months (peer median +5.6%); the operating margin is 8.2% (peer median 8.0%).
Valuation It trades at 15.0× forward earnings against a peer median of 16.2× (9th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -0 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.9 points below its cost of capital (8.7% WACC).
Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩45.3T | ₩40.7T | ₩42.1T | ₩41.9T | ₩43.2T |
| Revenue growth | — | -3% | 0% | -3% | — |
| Gross profit | n/a | ₩7.44T | ₩6.88T | ₩6.37T | ₩5.85T |
| EBITDA | n/a | ₩4.35T | ₩3.90T | ₩3.68T | ₩3.17T |
| Net income | ₩3.03T | ₩2.44T | ₩2.23T | ₩2.22T | ₩2.04T |
| Free cash flow | n/a | ₩1.29T | ₩1.68T | ₩1.57T | ₩1.51T |
| Capital expenditure | n/a | ₩1.91T | ₩1.79T | ₩1.43T | ₩1.27T |
| Total debt | n/a | ₩3.98T | ₩4.61T | ₩5.16T | ₩6.32T |
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 |
|---|---|---|---|---|---|---|
| Samsung C&t 028260.KS | $31.3B | -8% | +14% | 8% | 15.0× | 5.9% |
| HyundaiEng&Const 000720.KS | $6.43B | -52% | -9% | 3% | 18.3× | n/a |
| GS Engineering & Construction 006360.KS | $1.86B | -22% | -15% | 3% | 16.8× | -9.8% |
| Mitsubishi 8058.T | $105B | -1% | +16% | 3% | 14.8× | 18.8% |
| Marubeni 8002.T | $49.7B | -22% | +14% | 4% | 12.3× | 17.7% |
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 | 028260.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.6% | +3.4% | 4th lowest of 21 |
| 6-month return | -8.4% | -14.9% | 7th highest of 21 |
| Distance from 52-week high | -51.6% | -27.4% | 2nd lowest of 21 |
| Revenue growth (TTM) | +13.5% | +5.6% | 5th highest of 21 |
| Operating margin | 8.2% | 8.0% | 10th highest of 20 |
| Forward P/E | 15.0× | 16.2× | 9th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 5.9% | 6.4% | 8th least demanding of 17 |
| Growth delivered (Del g) | +6.2% | +12.7% | 3rd lowest of 17 |
| Hurdle (Req g minus delivered) | -0.2 pp | -8.0 pp | 7th most demanding of 17 |
| ROIC minus cost of capital | -3.9 pp | +0.1 pp | 5th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Samsung C&t 028260.KS | South Korea | $31.3B | -8% | +14% | 8% | 15.0× | 5.9% | +6.2% |
| HOCHTIEF Aktiengesellschaft HOT.DE | Germany | $30.9B | -31% | +8% | 4% | 25.1× | 2.6% | +10.7% |
| Otis Worldwide OTIS | United States | $30.1B | +6% | +6% | 15% | 18.1× | 2.3% | +2.5% |
| China State Construction Engineering 601668.SS | China | $28.3B | -4% | -9% | n/a | 5.6× | n/a | n/a |
| Comfort Systems USA FIX | United States | $35.6B | -48% | +51% | 17% | 16.2× | 12.4% | +26.1% |
| Emcor EME | United States | $26.6B | -34% | +22% | 10% | 15.5× | 6.2% | +14.1% |
| ACS, Actividades de Construccion y Servicios ACS.MC | Spain | $26.0B | -37% | +10% | 3% | 20.6× | -2.6% | +11.2% |
| Ferrovial FER.MC | Spain | $42.3B | -10% | +5% | 10% | 55.5× | 21.9% | +8.1% |
| Geberit GEBN.SW | Switzerland | $22.1B | +14% | +3% | 29% | 29.8× | 6.6% | +1.2% |
| Cellnex Telecom CLNX.MC | Spain | $19.6B | -7% | 0% | 13% | n/a | 29.7% | +22.5% |
| Bouygues EN.PA | France | $18.3B | -18% | -1% | 5% | 12.9× | -0.8% | +10.4% |
| APi APG | United States | $17.5B | -7% | +16% | 7% | 20.7× | 27.8% | +17.1% |
| WSP Global WSP.TO | Canada | $17.5B | -19% | +10% | 10% | 14.4× | 0.0% | +15.7% |
| Larsen & Toubro LT.NS | India | $59.8B | +2% | +11% | 8% | 27.6× | 29.7% | +16.1% |
| China Railway 601390.SS | China | $15.1B | -13% | -7% | 4% | 6.0× | n/a | n/a |
| Vinci DG.PA | France | $69.8B | -12% | +4% | 12% | 12.2× | -1.5% | +11.4% |
| MasTec MTZ | United States | $14.0B | -58% | +26% | 5% | 15.0× | 21.6% | +17.7% |
| China Energy Engineering 601868.SS | China | $13.6B | -18% | -5% | 4% | 17.9× | n/a | n/a |
| Acciona ANA.MC | Spain | $13.4B | -16% | +8% | 6% | 19.8× | 8.2% | +25.6% |
| China Communications Construction 601800.SS | China | $12.8B | -12% | -4% | 3% | 6.8× | n/a | n/a |
| Kajima 1812.T | Japan | $12.5B | -27% | +4% | 8% | 10.8× | -1.9% | +10.0% |