South Korean Capital Goods Undervalued over 20% based on DCF

Samsung C&T

Market Cap: ₩62.6t

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.

HD Hyundai Heavy Industries

Market Cap: ₩53.2t

Engages in the shipbuilding business in South Korea, North America, Asia, Europe, and internationally.

Hanwha Ocean

Market Cap: ₩24.9t

Operates as a shipbuilding and offshore contractor in South Korea and internationally.

Doosan

Market Cap: ₩18.1t

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.

Korea Aerospace Industries

Market Cap: ₩14.6t

Manufactures and sells fixed and rotary wing aircrafts, and airframe products in South Korea.

Posco International

Market Cap: ₩8.4t

Operates as a trading company in South Korea and internationally.

Samsung E&A

Market Cap: ₩8.2t

Provides a range of engineering services for plant and other construction in South Korea, the United States, Asia, the Middle East, and internationally.

GS Holdings

Market Cap: ₩7.1t

Together its subsidiaries, engages in the energy, power generation, retail, service, construction, and infrastructure businesses.

Hanwha Engine

Market Cap: ₩3.9t

Manufactures and sells diesel engines worldwide.

CS Wind

Market Cap: ₩1.7t

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

LX International

Market Cap: ₩1.3t

Engages in the trading business in Korea and internationally.

STX EngineLtd

Market Cap: ₩993.4b

Manufactures and sells diesel engines and electronic communication devices in South Korea.

KUMHO Engineering & Construction

Market Cap: ₩639.8b

KUMHO Engineering & Construction Co., Ltd.

LX Hausys

Market Cap: ₩294.7b

Manufactures and sells building materials in South Korea and internationally.

Oriental Precision & EngineeringLtd

Market Cap: ₩213.2b

Oriental Precision & Engineering Co.,Ltd.

AeroSpace Technology of Korea

Market Cap: ₩204.9b

Manufactures, sells, and assembles aircraft parts and related tools in Korea, the United States, and internationally.

HL D&I Halla

Market Cap: ₩200.6b

HL D&I Halla Corporation undertakes various construction projects in South Korea and internationally.

Seoho ElectricLtd

Market Cap: ₩197.0b

Engages in the design and manufacture of electric variable speed drive control devices in South Korea, China, Singapore, Oman, Mexico, Australia, and internationally.

S & SysLtd

Market Cap: ₩192.5b

Manufactures and sells machinery and electric systems worldwide.

Komelon

Market Cap: ₩177.9b

Manufactures and sells measuring products in South Korea and internationally.

Samick THK

Market Cap: ₩161.3b

Manufactures and sells industrial automation equipment in South Korea.

Dongyang E&P

Market Cap: ₩149.0b

Engages in the manufacture and sale of power supply and electronic devices in South Korea.

JEIO

Market Cap: ₩132.6b

Engages in the secondary battery materials, plant engineering, and equipment manufacturing and distribution businesses in South Korea and internationally.

Contec.Co.Ltd

Market Cap: ₩131.6b

Provides space ground station, and satellite imagery services in South Korea and internationally.

Sungdo Engineering & Construction

Market Cap: ₩119.9b

Sungdo Engineering & Construction Co., Ltd.

COWINTECH

Market Cap: ₩111.0b

Engages in the design, manufacture, and installation of logistics automation systems.

Hana Technology

Market Cap: ₩105.9b

Engages in manufacturing and sales of secondary battery automation equipment in South Korea.

Semyung Electric MachineryLtd

Market Cap: ₩103.7b

Manufactures and sells transmission and distribution lines, railway products, and automobile parts in South Korea and internationally.

ILSEUNG

Market Cap: ₩92.7b

Produces and sells marine equipment in South Korea and internationally.

Samho Development

Market Cap: ₩88.8b

Engages in civil engineering construction business in South Korea.

Sigong Tech

Market Cap: ₩67.1b

Operates in the exhibition and cultural industry in South Korea.

G.I. Tech

Market Cap: ₩66.0b

Manufactures and sells special-purpose machinery products in South Korea, the United States, China, and internationally.

NK

Market Cap: ₩50.0b

Provides high-pressure gas container products in Korea and internationally.

SP SystemsLtd

Market Cap: ₩46.6b

Provides robotics solutions in South Korea.

EE-HWA Construction

Market Cap: ₩36.0b

Engages in the construction business in South Korea.

CAS

Market Cap: ₩23.0b

Manufactures and supplies electronic scales in South Korea.