Professional
Added to YB: 2024-10-18
Pitch date: 2024-09-30
028050.KS [bullish]
Samsung E&A Co., Ltd.
+139.65%
current return
Author Info
No bio for this author
Company Info
Samsung E&A Co., Ltd. provides a range of engineering services for plant and other construction in South Korea, the United States, Asia, the Middle East, and internationally.
Market Cap
KRW 9.4T
Pitch Price
KRW 20.1K
Price Target
38.0K (-21%)
Dividend
N/A
EV/EBITDA
6.19
P/E
15.14
EV/Sales
0.61
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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