Professional
Added to YB: 2024-10-18
Pitch date: 2024-09-30
028050.KS [bullish]
Samsung E&A Co., Ltd.
+22.46%
current return
Author Info
No bio for this author
Company Info
Samsung E&A Co., Ltd. provides a range of engineering services in South Korea, the United States, Asia, the Middle East, and internationally.
Market Cap
KRW 4.1T
Pitch Price
KRW 20.7K
Price Target
38.0K (+50%)
Dividend
N/A
EV/EBITDA
2.73
P/E
5.47
EV/Sales
0.25
Sector
Construction and Engineering
Category
turnaround
Samsung E&A: Ample upside to shares following pullback
028050.KS: Maintain Buy, TP ₩38,000. 8.2% drop on SEC order concerns & weak hydrocarbon momentum. Positive outlook: potential orders from Qatar, Malaysia, Indonesia, Saudi Arabia. 3Q24E OP ₩205.7bn (+34% YoY), 11% above consensus. Hydrocarbon margins strong, one-off gains likely. Widening discount vs peers offers upside.
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