South Korean Undervalued over 20% based on DCF

Samsung BiologicsLtd

Market Cap: ₩71.9t

Together with its subsidiaries engages in the manufacturing, commercializing, distributing, and selling of biopharmaceuticals products in South Korea, Europe, the United States, and internationally.

KB Financial Group

Market Cap: ₩50.1t

Provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

Shinhan Financial Group

Market Cap: ₩43.6t

Provides financial products and services in South Korea, Vietnam, and Japan.

Samsung C&T

Market Cap: ₩42.9t

Engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Hyundai MobisLtd

Market Cap: ₩34.6t

Engages in the auto parts business in Korea, China, the United States, Europe, and internationally.

Samsung Electro-Mechanics

Market Cap: ₩33.6t

Manufactures and sells various electronic components in Korea, China, Southeast Asia, Japan, the Americas, and Europe.

Korea Electric Power

Market Cap: ₩25.9t

Engages in the generation, transmission, and distribution of electricity in South Korea and internationally.

Samsung Heavy Industries

Market Cap: ₩23.8t

Engages in shipbuilding, offshore, and energy and infra businesses worldwide.

LG Electronics

Market Cap: ₩18.5t

Manufactures and sells consumer and commercial products in South Korea and internationally.

Doosan

Market Cap: ₩16.5t

Engages in the power generation facilities, industrial facilities, construction machinery, engines, and construction businesses in Korea, the United States, Asia, the Middle East, Europe, and internationally.

Hyundai Glovis

Market Cap: ₩15.8t

Operates as logistics and distribution company in South Korea and internationally.

Samsung SDS

Market Cap: ₩11.8t

Provides cloud and digital logistics platform-based logistics services in South Korea, the America, Europe, Asia, Africa, and China.

HYBE

Market Cap: ₩11.6t

Engages in the music production, publishing, and artist development and management businesses.

KRAFTON

Market Cap: ₩10.9t

Engages in the software development and related ancillary businesses in Asia, Korea, the United States, Europe, and internationally.

Kiwoom Securities

Market Cap: ₩10.4t

Provides online brokerage services in South Korea and internationally.

Samsung SecuritiesLtd

Market Cap: ₩8.3t

Operates as a financial investment company in South Korea.

Amorepacific

Market Cap: ₩8.2t

Researches, develops, manufactures, markets, sells, and trades cosmetics and beauty products worldwide.

HD HYUNDAI Marine SolutionLTD

Market Cap: ₩8.0t

HD Hyundai Marine Solution Co., Ltd. provides integrated engineering-based services to Hyundai brand ships.

Daewoo Engineering & Construction

Market Cap: ₩6.9t

Daewoo Engineering & Construction Co., Ltd.

Yuhan

Market Cap: ₩6.9t

Operates as a pharmaceutical company in South Korea and internationally.

Doosan Bobcat

Market Cap: ₩5.8t

Designs, manufactures, markets, and distributes compact construction equipment in North America, Europe, the Middle East, Africa, Asia, Latin America, and Oceania.

Samsung Card

Market Cap: ₩5.6t

Provides financial services in South Korea.

ORION

Market Cap: ₩5.1t

Engages in the manufacture and sale of various confectionery products in South Korea, China, and internationally.

NCSOFT

Market Cap: ₩4.1t

Develops and publishes online games in Korea, Japan, Taiwan, the United States of America, Europe, and Canada.

DAEDUCK ELECTRONICS

Market Cap: ₩4.1t

Provides various printed circuit boards (PCB) in South Korea and internationally.

Netmarble

Market Cap: ₩3.9t

Develops and publishes PC, mobile, and console games in South Korea and internationally.

Hanwha Engine

Market Cap: ₩3.8t

Manufactures and sells diesel engines worldwide.

CLASSYS

Market Cap: ₩3.4t

Provides medical aesthetics devices worldwide.

Youngone

Market Cap: ₩3.4t

Engages in the manufacture and sale of clothing, shoes, and supplies market worldwide.

Seoul Guarantee Insurance

Market Cap: ₩3.4t

Engages in non-life insurance and other related operations to individuals and corporates in South Korea and internationally.

Hanwha Life Insurance

Market Cap: ₩3.4t

Provides insurance products to individual and corporate customers in South Korea and internationally.

CS Wind

Market Cap: ₩3.2t

Manufactures and sells wind towers and offshore wind substructures in Europe, North America, and Asia.

Kumho Petro ChemicalLtd

Market Cap: ₩2.8t

Manufactures and sells synthetic rubber and resins, specialty chemicals, nanocarbon, energy, and building materials in South Korea and internationally.

SILICON2

Market Cap: ₩2.4t

Engages in the distribution of cosmetics products worldwide.

Hanall Biopharma

Market Cap: ₩2.4t

A pharmaceutical company, manufactures and sells pharmaceutical products in South Korea and internationally.

Hankuk Carbon

Market Cap: ₩2.3t

Produces and sells carbon fiber, synthetic resin, and glass paper related products in South Korea.