Samsung C&T stock draws a KRW 550,000 target from SK Securities

Published on 10/07/2026 at 05:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samsung C&T stock reported KRW 12.0 trillion in Q2 2026 revenue, up 19.7 percent year over year. SK Securities forecasts KRW 3.8 trillion in 2026 operating profit.

Samsung C&T, KR7028260008, Illustration mit AI erstellt.

Samsung C&T Corporation (KR7028260008) reported Q2 2026 revenue of KRW 12.0 trillion, up 19.7 percent from the year-earlier quarter. ATS View lists operating profit at KRW 1.03 trillion and net income at KRW 916 billion for the period.

Q2 profit rises with revenue

The Q2 operating profit figure implies an 8.6 percent margin, compared with 7.5 percent in Q2 2025. Revenue increased from KRW 10.0 trillion to KRW 12.0 trillion, while operating profit rose from KRW 753 billion to KRW 1.03 trillion, according to the quarterly figures compiled by ATS View.

The comparison matters because the improvement came with higher profitability, not revenue growth alone. Samsung C&T's four business groups are engineering and construction, trading and investment, fashion, and resort, according to the company's investor-relations FAQ.

SK Securities keeps Buy view

EDAILY reported on September 23, 2026, that SK Securities maintained its Buy rating and KRW 550,000 price target. The research view projects 2026 revenue of KRW 45.8 trillion, up 12.3 percent year over year, and operating profit of KRW 3.8 trillion, up 15.1 percent.

Construction is expected to lead that forecast, with projected 2026 revenue of KRW 15.9 trillion, up 12.5 percent, and operating profit of KRW 736 billion, up 37.3 percent. The same report says Samsung Electronics-related revenue rose from 16.1 percent of standalone revenue in 2025 to 29.2 percent in the first half of 2026.

Dividend expectations shape the outlook

SK Securities also forecasts Samsung C&T's dividend per share at KRW 8,550 for early 2027, compared with a market forecast of KRW 3,882. Financial News reported that the analyst linked the outlook to affiliate dividends and said Samsung C&T redistributes 60 to 70 percent of dividend income from affiliates.

The counterweight is valuation. The report placed Samsung C&T's discount to net asset value at 57.8 percent, compared with 58.5 percent at the beginning of 2026, leaving shareholder returns and the value of listed stakes central to the stock story.

Q2 operating profit reaches KRW 1.03 trillion

Samsung C&T's Q2 2026 operating profit was KRW 1.03 trillion, while revenue reached KRW 12.0 trillion for the same period. The figures give the latest reported operating baseline for Samsung C&T stock as the 2026 earnings outlook centers on construction growth and affiliate dividends.