View ValuationSamsung SDS 향후 성장Future 기준 점검 1/6Samsung SDS (는) 각각 연간 15.7% 및 6.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.3% 로 예상됩니다.핵심 정보15.7%이익 성장률16.13%EPS 성장률IT 이익 성장18.7%매출 성장률6.2%향후 자기자본이익률8.32%애널리스트 커버리지Good마지막 업데이트27 Apr 2026최근 향후 성장 업데이트Major Estimate Revision • Apr 24Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩14.7b to ₩14.5b. EPS estimate also fell from ₩10,658 per share to ₩9,376 per share. Net income forecast to shrink 5.4% next year vs 18% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩213,200. Share price fell 7.1% to ₩169,500 over the past week.Major Estimate Revision • May 06Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩15.4b to ₩14.2b. EPS estimate also fell from ₩8,896 per share to ₩7,995 per share. Net income forecast to shrink 37% next year vs 19% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩147,833. Share price was steady at ₩118,500 over the past week.Major Estimate Revision • Oct 29Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩16.6b to ₩16.9b. EPS estimate increased from ₩10,279 to ₩12,884 per share. Net income forecast to grow 15% next year vs 33% growth forecast for IT industry in South Korea. Consensus price target broadly unchanged at ₩162,294. Share price was steady at ₩122,000 over the past week.Major Estimate Revision • May 01Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₩14.7b to ₩16.3b. EPS estimate increased from ₩9,289 to ₩9,795 per share. Net income forecast to grow 24% next year vs 39% growth forecast for IT industry in South Korea. Consensus price target of ₩181,688 unchanged from last update. Share price rose 6.5% to ₩148,500 over the past week.Price Target Changed • Nov 23Price target decreased to ₩204,059Down from ₩221,941, the current price target is an average from 17 analysts. New target price is 33% above last closing price of ₩154,000. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₩9,034 for next year compared to ₩5,733 last year.모든 업데이트 보기Recent updatesReported Earnings • Apr 25First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: ₩1,194 (down from ₩2,734 in 1Q 2025). Revenue: ₩3.35t (down 3.9% from 1Q 2025). Net income: ₩92.0b (down 56% from 1Q 2025). Profit margin: 2.7% (down from 6.1% in 1Q 2025). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 24Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩14.7b to ₩14.5b. EPS estimate also fell from ₩10,658 per share to ₩9,376 per share. Net income forecast to shrink 5.4% next year vs 18% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩213,200. Share price fell 7.1% to ₩169,500 over the past week.공지 • Apr 16Samsung SDS Co., Ltd. announced that it expects to receive KRW 1220 billion in funding from Startech Ai L.pSamsung SDS Co., Ltd. announced a private placement of Series 24 Bearer-type, unsecured private placement convertible bonds of the company to raise gross proceeds of KRW 1,220,000,000,000 on April 14, 2026. The transaction includes participation from Startech Ai L.p. The Bonds are 100% convertible into 6,777,777 common shares of the company at a conversion price value of KRW 180,000 and carry interest rate of 2.5% and maturity interest rate of 2.5%. The conversion billing period starts from April 30, 2027 to April 23, 2032. The transaction has been approved by the board of directors of the company. The transaction is subject to 1 year hold period. The Bonds have a maturity date of April 30, 2032. The transaction is expected to close on April 30, 2026.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩177,900, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the IT industry in South Korea. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩120,588 per share.Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩9,819 (up from ₩9,787 in FY 2024). Revenue: ₩14t (flat on FY 2024). Net income: ₩759.5b (flat on FY 2024). Profit margin: 5.5% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩164,400, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩280,942 per share.공지 • Feb 14Samsung SDS Co., Ltd., Annual General Meeting, Mar 18, 2026Samsung SDS Co., Ltd., Annual General Meeting, Mar 18, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 125, olympic-ro 35-gil, songpa-gu, seoul South Korea분석 기사 • Jan 29Samsung SDS Co., Ltd. (KRX:018260) Shares Could Be 32% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Samsung SDS is ₩259,012 based on 2 Stage Free Cash Flow to Equity Samsung...Reported Earnings • Jan 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩9,819 (up from ₩9,787 in FY 2024). Revenue: ₩14t (flat on FY 2024). Net income: ₩760.0b (flat on FY 2024). Profit margin: 5.5% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jan 08Now 21% undervaluedOver the last 90 days, the stock has risen 2.9% to ₩174,500. The fair value is estimated to be ₩220,214, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.공지 • Jan 03Samsung SDS Co., Ltd. to Report Q4, 2025 Results on Jan 22, 2026Samsung SDS Co., Ltd. announced that they will report Q4, 2025 results on Jan 22, 2026Upcoming Dividend • Dec 22Upcoming dividend of ₩2,900 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 20 April 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.4%).분석 기사 • Dec 11Samsung SDS' (KRX:018260) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...분석 기사 • Nov 23The Strong Earnings Posted By Samsung SDS (KRX:018260) Are A Good Indication Of The Strength Of The BusinessSamsung SDS Co., Ltd. ( KRX:018260 ) just reported healthy earnings but the stock price didn't move much. Our analysis...Declared Dividend • Nov 08Dividend of ₩2,900 announcedDividend of ₩2,900 is the same as last year. Ex-date: 29th December 2025 Payment date: 20th April 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공지 • Nov 07Samsung SDS Co., Ltd. announces Annual dividend, payable on April 20, 2026Samsung SDS Co., Ltd. announced Annual dividend of KRW 2900.0000 per share payable on April 20, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: ₩2,523. Revenue: ₩3.51t (down 1.6% from 3Q 2024). Net income: ₩171.0b (down 4.8% from 3Q 2024). Profit margin: 4.9% (down from 5.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in South Korea.분석 기사 • Oct 28Samsung SDS Co., Ltd. (KRX:018260) Shares Could Be 33% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Samsung SDS is ₩256,745 based on 2 Stage Free Cash Flow to Equity Current...공지 • Oct 03Samsung SDS Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Samsung SDS Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025분석 기사 • Sep 19Risks To Shareholder Returns Are Elevated At These Prices For Samsung SDS Co., Ltd. (KRX:018260)With a median price-to-earnings (or "P/E") ratio of close to 15x in Korea, you could be forgiven for feeling...분석 기사 • Aug 13Here's What's Concerning About Samsung SDS' (KRX:018260) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...분석 기사 • Jul 22Is There An Opportunity With Samsung SDS Co., Ltd.'s (KRX:018260) 39% Undervaluation?Key Insights Samsung SDS' estimated fair value is ₩292,220 based on 2 Stage Free Cash Flow to Equity Samsung SDS...New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 1.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.공지 • Jul 02Samsung SDS Co., Ltd. to Report Q2, 2025 Results on Jul 24, 2025Samsung SDS Co., Ltd. announced that they will report Q2, 2025 results on Jul 24, 2025분석 기사 • Jun 16Subdued Growth No Barrier To Samsung SDS Co., Ltd. (KRX:018260) With Shares Advancing 29%Despite an already strong run, Samsung SDS Co., Ltd. ( KRX:018260 ) shares have been powering on, with a gain of 29% in...Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩159,300, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩282,171 per share.공지 • May 01Samsung SDS Co.,Ltd. (KOSE:A018260) agreed to acquire 15.16% stake in Multicampus Corporation (KOSDAQ:A067280) from Samsung Global Research Co.,Ltd. for KRW 35.1 billion.Samsung SDS Co.,Ltd. (KOSE:A018260) agreed to acquire 15.16% stake in Multicampus Corporation (KOSDAQ:A067280) from Samsung Global Research Co.,Ltd. for KRW 35.1 billion on April 25, 2025. A cash consideration of KRW 35.14 billion will be paid by Samsung SDS for 898,379 shares. The contents may change upon agreement between the parties during the equity sale process. The expected completion of the transaction is June 2, 2025.Reported Earnings • Apr 26First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₩2,728 (up from ₩2,726 in 1Q 2024). Revenue: ₩3.49t (up 7.5% from 1Q 2024). Net income: ₩211.0b (flat on 1Q 2024). Profit margin: 6.0% (down from 6.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.공지 • Apr 03Samsung SDS Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025Samsung SDS Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025Reported Earnings • Mar 13Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: ₩9,787 (up from ₩8,965 in FY 2023). Revenue: ₩14t (up 4.2% from FY 2023). Net income: ₩757.0b (up 9.2% from FY 2023). Profit margin: 5.5% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.공지 • Feb 19Samsung SDS Co.,Ltd., Annual General Meeting, Mar 19, 2025Samsung SDS Co.,Ltd., Annual General Meeting, Mar 19, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 125, olympic-ro 35-gil, songpa-gu, seoul South KoreaReported Earnings • Jan 25Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: ₩9,787 (up from ₩8,965 in FY 2023). Revenue: ₩14t (up 4.2% from FY 2023). Net income: ₩757.0b (up 9.2% from FY 2023). Profit margin: 5.5% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.공지 • Jan 03Samsung SDS Co.,Ltd. to Report Q4, 2024 Results on Jan 23, 2025Samsung SDS Co.,Ltd. announced that they will report Q4, 2024 results on Jan 23, 2025Upcoming Dividend • Dec 20Upcoming dividend of ₩2,700 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.7%).공지 • Oct 18Samsung SDS Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Samsung SDS Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024공지 • Jul 04Samsung SDS Co.,Ltd. to Report Q2, 2024 Results on Jul 25, 2024Samsung SDS Co.,Ltd. announced that they will report Q2, 2024 results on Jul 25, 2024Reported Earnings • Mar 09Full year 2023 earnings released: EPS: ₩8,965 (vs ₩14,218 in FY 2022)Full year 2023 results: EPS: ₩8,965 (down from ₩14,218 in FY 2022). Revenue: ₩13t (down 23% from FY 2022). Net income: ₩693.4b (down 37% from FY 2022). Profit margin: 5.2% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공지 • Feb 22Samsung SDS Co.,Ltd., Annual General Meeting, Mar 20, 2024Samsung SDS Co.,Ltd., Annual General Meeting, Mar 20, 2024, at 09:01 Korea Standard Time. Location: Magellan Hall, B1F, Samsung SDS Tower, Olympic-ro 35-gil 125, Songpa-gu, Seoul, Korea Seoul South Korea Agenda: To consider the Audit report; to consider the Approval of Financial Statements for the 39th term (Jan. 1, 2023 ~ Dec. 31, 2023); to consider the Appointment of Directors ; to consider the to consider the Appointment of members to the Audit Committee, In-Shil Lee; to consider the Approval of Remuneration Limit for the Directors; and to consider other matters.Upcoming Dividend • Dec 20Upcoming dividend of ₩3,200 per share at 1.9% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 31% and the cash payout ratio is 82%. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.2%).Buying Opportunity • Nov 20Now 20% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be ₩182,889, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 0.7% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.Buying Opportunity • Oct 23Now 20% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be ₩162,907, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 3.7% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.Buying Opportunity • Sep 08Now 22% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be ₩188,380, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 3.2% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩133,600, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in Asia. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩206,801 per share.Major Estimate Revision • May 06Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩15.4b to ₩14.2b. EPS estimate also fell from ₩8,896 per share to ₩7,995 per share. Net income forecast to shrink 37% next year vs 19% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩147,833. Share price was steady at ₩118,500 over the past week.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: ₩14,218 (vs ₩7,901 in FY 2021)Full year 2022 results: EPS: ₩14,218 (up from ₩7,901 in FY 2021). Revenue: ₩17t (up 26% from FY 2021). Net income: ₩1.10t (up 80% from FY 2021). Profit margin: 6.4% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the IT industry in South Korea are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 21Upcoming dividend of ₩2,400 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.0%).Reported Earnings • Nov 19Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: ₩5,056 (up from ₩2,490 in 3Q 2021). Revenue: ₩4.20t (up 24% from 3Q 2021). Net income: ₩391.1b (up 103% from 3Q 2021). Profit margin: 9.3% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 118%. Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the IT industry in South Korea are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman Won-Pyo Hong was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Major Estimate Revision • Oct 29Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩16.6b to ₩16.9b. EPS estimate increased from ₩10,279 to ₩12,884 per share. Net income forecast to grow 15% next year vs 33% growth forecast for IT industry in South Korea. Consensus price target broadly unchanged at ₩162,294. Share price was steady at ₩122,000 over the past week.Major Estimate Revision • May 01Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₩14.7b to ₩16.3b. EPS estimate increased from ₩9,289 to ₩9,795 per share. Net income forecast to grow 24% next year vs 39% growth forecast for IT industry in South Korea. Consensus price target of ₩181,688 unchanged from last update. Share price rose 6.5% to ₩148,500 over the past week.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman Won-Pyo Hong was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Mar 10Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩7,901 (up from ₩5,733 in FY 2020). Revenue: ₩14t (up 24% from FY 2020). Net income: ₩611.2b (up 38% from FY 2020). Profit margin: 4.5% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.2%, compared to a 14% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.공지 • Feb 17Samsung SDS Co.,Ltd., Annual General Meeting, Mar 16, 2022Samsung SDS Co.,Ltd., Annual General Meeting, Mar 16, 2022, at 09:00 Korea Standard Time. Location: Samsung SDS Tower, West Campus Seoul South KoreaUpcoming Dividend • Dec 22Upcoming dividend of ₩2,400 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.4%).Price Target Changed • Nov 23Price target decreased to ₩204,059Down from ₩221,941, the current price target is an average from 17 analysts. New target price is 33% above last closing price of ₩154,000. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₩9,034 for next year compared to ₩5,733 last year.Reported Earnings • Mar 10Full year 2020 earnings released: EPS ₩5,733 (vs ₩9,521 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩11t (up 2.8% from FY 2019). Net income: ₩443.5b (down 40% from FY 2019). Profit margin: 4.0% (down from 6.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.공지 • Feb 17Samsung SDS Co.,Ltd., Annual General Meeting, Mar 17, 2021Samsung SDS Co.,Ltd., Annual General Meeting, Mar 17, 2021, at 09:00 Korea Standard Time.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩219,500, the stock is trading at a trailing P/E ratio of 32.4x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 22x in the IT industry in South Korea. Total return to shareholders over the past three years is a loss of 9.7%.Is New 90 Day High Low • Jan 05New 90-day high: ₩212,500The company is up 20% from its price of ₩177,500 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩176,150 per share.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩212,500, the stock is trading at a trailing P/E ratio of 31.4x, up from the previous P/E ratio of 26.2x. This compares to an average P/E of 21x in the IT industry in South Korea. Total return to shareholders over the past three years is a loss of 9.0%.Upcoming Dividend • Dec 22Upcoming Dividend of ₩2,400 Per ShareWill be paid on the 17th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.4% is below the top quartile of South Korean dividend payers (2.6%), but is in line with industry peers (1.3%).Is New 90 Day High Low • Oct 26New 90-day high: ₩182,000The company is up 5.0% from its price of ₩174,000 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩141,741 per share.공지 • Oct 08Samsung SDS Co.,Ltd. to Report Q3, 2020 Results on Oct 27, 2020Samsung SDS Co.,Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020공지 • Jul 17Samsung SDS Co.,Ltd. to Report Q2, 2020 Results on Jul 24, 2020Samsung SDS Co.,Ltd. announced that they will report Q2, 2020 results on Jul 24, 2020이익 및 매출 성장 예측KOSE:A018260 - 애널리스트 향후 추정치 및 과거 재무 데이터 (KRW Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202816,437,839960,9191,048,667N/A812/31/202715,233,625896,2341,005,288N/A1612/31/202614,371,300725,545781,633N/A143/31/202613,793,000641,000N/AN/AN/A12/31/202513,929,868759,539844,4551,203,328N/A9/30/202514,035,390767,0541,189,2531,556,643N/A6/30/202514,213,758751,5821,003,4241,375,727N/A3/31/202514,070,728757,598902,7401,326,738N/A12/31/202413,828,232756,997711,0761,238,045N/A9/30/202413,563,004709,112652,1921,233,849N/A6/30/202413,201,378705,833796,6171,374,457N/A3/31/202413,123,189701,832871,5781,390,989N/A12/31/202313,276,844693,422980,9731,460,827N/A9/30/202314,149,744795,362305,452805,266N/A6/30/202315,139,7611,010,076340,133965,626N/A3/31/202316,444,1741,104,676405,8221,077,696N/A12/31/202217,234,7501,099,745637,6051,289,793N/A9/30/202216,921,313959,246771,0271,303,130N/A6/30/202216,104,494760,723757,9621,185,881N/A3/31/202214,760,192652,696684,8471,068,736N/A12/31/202113,630,002611,171660,805980,239N/A9/30/202112,739,990679,580961,5991,273,823N/A6/30/202112,326,931644,319802,7281,084,020N/A3/31/202111,642,661629,309784,5741,046,852N/A12/31/202011,017,432443,455709,754979,403N/A9/30/202010,753,582524,132626,258891,926N/A6/30/202010,443,778521,222799,6851,074,843N/A3/31/202010,653,253566,631703,1751,033,430N/A12/31/201910,719,632736,458N/A893,787N/A9/30/201910,719,012656,738N/A914,584N/A6/30/201910,483,634641,233N/A861,172N/A3/31/201910,179,788634,731N/A922,665N/A12/31/201810,034,219629,400N/A1,196,532N/A9/30/20189,718,765611,661N/A1,257,088N/A6/30/20189,604,669618,537N/A1,255,291N/A3/31/20189,506,574575,291N/A1,156,505N/A12/31/20179,299,206530,348N/A834,847N/A9/30/20179,214,459492,152N/A806,736N/A6/30/20178,906,721443,358N/A695,005N/A3/31/20178,584,672425,735N/A743,195N/A12/31/20168,180,187463,858N/A622,818N/A9/30/20167,903,070477,985N/A633,867N/A6/30/20167,775,599481,286N/A708,648N/A3/31/20167,682,971478,472N/A721,862N/A12/31/20157,853,459439,020N/A864,766N/A9/30/20157,917,776437,998N/A755,827N/A6/30/20157,846,439428,759N/A759,872N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: A018260 의 연간 예상 수익 증가율(15.7%)이 saving rate(3.1%)보다 높습니다.수익 vs 시장: A018260 의 연간 수익(15.7%)이 KR 시장(31.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: A018260 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: A018260 의 수익(연간 6.2%)이 KR 시장(연간 13.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: A018260 의 수익(연간 6.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: A018260의 자본 수익률은 3년 후 8.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 07:58종가2026/05/08 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Samsung SDS Co., Ltd.는 24명의 분석가가 다루고 있습니다. 이 중 16명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Dong-je WooBofA Global ResearchJoshua KimCGS InternationalSeungjoo RoCLSA21명의 분석가 더 보기
Major Estimate Revision • Apr 24Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩14.7b to ₩14.5b. EPS estimate also fell from ₩10,658 per share to ₩9,376 per share. Net income forecast to shrink 5.4% next year vs 18% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩213,200. Share price fell 7.1% to ₩169,500 over the past week.
Major Estimate Revision • May 06Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩15.4b to ₩14.2b. EPS estimate also fell from ₩8,896 per share to ₩7,995 per share. Net income forecast to shrink 37% next year vs 19% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩147,833. Share price was steady at ₩118,500 over the past week.
Major Estimate Revision • Oct 29Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩16.6b to ₩16.9b. EPS estimate increased from ₩10,279 to ₩12,884 per share. Net income forecast to grow 15% next year vs 33% growth forecast for IT industry in South Korea. Consensus price target broadly unchanged at ₩162,294. Share price was steady at ₩122,000 over the past week.
Major Estimate Revision • May 01Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₩14.7b to ₩16.3b. EPS estimate increased from ₩9,289 to ₩9,795 per share. Net income forecast to grow 24% next year vs 39% growth forecast for IT industry in South Korea. Consensus price target of ₩181,688 unchanged from last update. Share price rose 6.5% to ₩148,500 over the past week.
Price Target Changed • Nov 23Price target decreased to ₩204,059Down from ₩221,941, the current price target is an average from 17 analysts. New target price is 33% above last closing price of ₩154,000. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₩9,034 for next year compared to ₩5,733 last year.
Reported Earnings • Apr 25First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: ₩1,194 (down from ₩2,734 in 1Q 2025). Revenue: ₩3.35t (down 3.9% from 1Q 2025). Net income: ₩92.0b (down 56% from 1Q 2025). Profit margin: 2.7% (down from 6.1% in 1Q 2025). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 24Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩14.7b to ₩14.5b. EPS estimate also fell from ₩10,658 per share to ₩9,376 per share. Net income forecast to shrink 5.4% next year vs 18% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩213,200. Share price fell 7.1% to ₩169,500 over the past week.
공지 • Apr 16Samsung SDS Co., Ltd. announced that it expects to receive KRW 1220 billion in funding from Startech Ai L.pSamsung SDS Co., Ltd. announced a private placement of Series 24 Bearer-type, unsecured private placement convertible bonds of the company to raise gross proceeds of KRW 1,220,000,000,000 on April 14, 2026. The transaction includes participation from Startech Ai L.p. The Bonds are 100% convertible into 6,777,777 common shares of the company at a conversion price value of KRW 180,000 and carry interest rate of 2.5% and maturity interest rate of 2.5%. The conversion billing period starts from April 30, 2027 to April 23, 2032. The transaction has been approved by the board of directors of the company. The transaction is subject to 1 year hold period. The Bonds have a maturity date of April 30, 2032. The transaction is expected to close on April 30, 2026.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩177,900, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the IT industry in South Korea. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩120,588 per share.
Reported Earnings • Mar 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩9,819 (up from ₩9,787 in FY 2024). Revenue: ₩14t (flat on FY 2024). Net income: ₩759.5b (flat on FY 2024). Profit margin: 5.5% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩164,400, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the IT industry in South Korea. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩280,942 per share.
공지 • Feb 14Samsung SDS Co., Ltd., Annual General Meeting, Mar 18, 2026Samsung SDS Co., Ltd., Annual General Meeting, Mar 18, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 125, olympic-ro 35-gil, songpa-gu, seoul South Korea
분석 기사 • Jan 29Samsung SDS Co., Ltd. (KRX:018260) Shares Could Be 32% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Samsung SDS is ₩259,012 based on 2 Stage Free Cash Flow to Equity Samsung...
Reported Earnings • Jan 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩9,819 (up from ₩9,787 in FY 2024). Revenue: ₩14t (flat on FY 2024). Net income: ₩760.0b (flat on FY 2024). Profit margin: 5.5% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jan 08Now 21% undervaluedOver the last 90 days, the stock has risen 2.9% to ₩174,500. The fair value is estimated to be ₩220,214, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.
공지 • Jan 03Samsung SDS Co., Ltd. to Report Q4, 2025 Results on Jan 22, 2026Samsung SDS Co., Ltd. announced that they will report Q4, 2025 results on Jan 22, 2026
Upcoming Dividend • Dec 22Upcoming dividend of ₩2,900 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 20 April 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.4%).
분석 기사 • Dec 11Samsung SDS' (KRX:018260) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
분석 기사 • Nov 23The Strong Earnings Posted By Samsung SDS (KRX:018260) Are A Good Indication Of The Strength Of The BusinessSamsung SDS Co., Ltd. ( KRX:018260 ) just reported healthy earnings but the stock price didn't move much. Our analysis...
Declared Dividend • Nov 08Dividend of ₩2,900 announcedDividend of ₩2,900 is the same as last year. Ex-date: 29th December 2025 Payment date: 20th April 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공지 • Nov 07Samsung SDS Co., Ltd. announces Annual dividend, payable on April 20, 2026Samsung SDS Co., Ltd. announced Annual dividend of KRW 2900.0000 per share payable on April 20, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: ₩2,523. Revenue: ₩3.51t (down 1.6% from 3Q 2024). Net income: ₩171.0b (down 4.8% from 3Q 2024). Profit margin: 4.9% (down from 5.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in South Korea.
분석 기사 • Oct 28Samsung SDS Co., Ltd. (KRX:018260) Shares Could Be 33% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Samsung SDS is ₩256,745 based on 2 Stage Free Cash Flow to Equity Current...
공지 • Oct 03Samsung SDS Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Samsung SDS Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
분석 기사 • Sep 19Risks To Shareholder Returns Are Elevated At These Prices For Samsung SDS Co., Ltd. (KRX:018260)With a median price-to-earnings (or "P/E") ratio of close to 15x in Korea, you could be forgiven for feeling...
분석 기사 • Aug 13Here's What's Concerning About Samsung SDS' (KRX:018260) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
분석 기사 • Jul 22Is There An Opportunity With Samsung SDS Co., Ltd.'s (KRX:018260) 39% Undervaluation?Key Insights Samsung SDS' estimated fair value is ₩292,220 based on 2 Stage Free Cash Flow to Equity Samsung SDS...
New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 1.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).
New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
공지 • Jul 02Samsung SDS Co., Ltd. to Report Q2, 2025 Results on Jul 24, 2025Samsung SDS Co., Ltd. announced that they will report Q2, 2025 results on Jul 24, 2025
분석 기사 • Jun 16Subdued Growth No Barrier To Samsung SDS Co., Ltd. (KRX:018260) With Shares Advancing 29%Despite an already strong run, Samsung SDS Co., Ltd. ( KRX:018260 ) shares have been powering on, with a gain of 29% in...
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩159,300, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in South Korea. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩282,171 per share.
공지 • May 01Samsung SDS Co.,Ltd. (KOSE:A018260) agreed to acquire 15.16% stake in Multicampus Corporation (KOSDAQ:A067280) from Samsung Global Research Co.,Ltd. for KRW 35.1 billion.Samsung SDS Co.,Ltd. (KOSE:A018260) agreed to acquire 15.16% stake in Multicampus Corporation (KOSDAQ:A067280) from Samsung Global Research Co.,Ltd. for KRW 35.1 billion on April 25, 2025. A cash consideration of KRW 35.14 billion will be paid by Samsung SDS for 898,379 shares. The contents may change upon agreement between the parties during the equity sale process. The expected completion of the transaction is June 2, 2025.
Reported Earnings • Apr 26First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₩2,728 (up from ₩2,726 in 1Q 2024). Revenue: ₩3.49t (up 7.5% from 1Q 2024). Net income: ₩211.0b (flat on 1Q 2024). Profit margin: 6.0% (down from 6.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.
공지 • Apr 03Samsung SDS Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025Samsung SDS Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
Reported Earnings • Mar 13Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: ₩9,787 (up from ₩8,965 in FY 2023). Revenue: ₩14t (up 4.2% from FY 2023). Net income: ₩757.0b (up 9.2% from FY 2023). Profit margin: 5.5% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year.
공지 • Feb 19Samsung SDS Co.,Ltd., Annual General Meeting, Mar 19, 2025Samsung SDS Co.,Ltd., Annual General Meeting, Mar 19, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 125, olympic-ro 35-gil, songpa-gu, seoul South Korea
Reported Earnings • Jan 25Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: ₩9,787 (up from ₩8,965 in FY 2023). Revenue: ₩14t (up 4.2% from FY 2023). Net income: ₩757.0b (up 9.2% from FY 2023). Profit margin: 5.5% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.
공지 • Jan 03Samsung SDS Co.,Ltd. to Report Q4, 2024 Results on Jan 23, 2025Samsung SDS Co.,Ltd. announced that they will report Q4, 2024 results on Jan 23, 2025
Upcoming Dividend • Dec 20Upcoming dividend of ₩2,700 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.7%).
공지 • Oct 18Samsung SDS Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024Samsung SDS Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
공지 • Jul 04Samsung SDS Co.,Ltd. to Report Q2, 2024 Results on Jul 25, 2024Samsung SDS Co.,Ltd. announced that they will report Q2, 2024 results on Jul 25, 2024
Reported Earnings • Mar 09Full year 2023 earnings released: EPS: ₩8,965 (vs ₩14,218 in FY 2022)Full year 2023 results: EPS: ₩8,965 (down from ₩14,218 in FY 2022). Revenue: ₩13t (down 23% from FY 2022). Net income: ₩693.4b (down 37% from FY 2022). Profit margin: 5.2% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in South Korea. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공지 • Feb 22Samsung SDS Co.,Ltd., Annual General Meeting, Mar 20, 2024Samsung SDS Co.,Ltd., Annual General Meeting, Mar 20, 2024, at 09:01 Korea Standard Time. Location: Magellan Hall, B1F, Samsung SDS Tower, Olympic-ro 35-gil 125, Songpa-gu, Seoul, Korea Seoul South Korea Agenda: To consider the Audit report; to consider the Approval of Financial Statements for the 39th term (Jan. 1, 2023 ~ Dec. 31, 2023); to consider the Appointment of Directors ; to consider the to consider the Appointment of members to the Audit Committee, In-Shil Lee; to consider the Approval of Remuneration Limit for the Directors; and to consider other matters.
Upcoming Dividend • Dec 20Upcoming dividend of ₩3,200 per share at 1.9% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 31% and the cash payout ratio is 82%. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.2%).
Buying Opportunity • Nov 20Now 20% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be ₩182,889, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 0.7% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.
Buying Opportunity • Oct 23Now 20% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be ₩162,907, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 3.7% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.
Buying Opportunity • Sep 08Now 22% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be ₩188,380, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 3.2% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩133,600, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the IT industry in Asia. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩206,801 per share.
Major Estimate Revision • May 06Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩15.4b to ₩14.2b. EPS estimate also fell from ₩8,896 per share to ₩7,995 per share. Net income forecast to shrink 37% next year vs 19% growth forecast for IT industry in South Korea . Consensus price target broadly unchanged at ₩147,833. Share price was steady at ₩118,500 over the past week.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: ₩14,218 (vs ₩7,901 in FY 2021)Full year 2022 results: EPS: ₩14,218 (up from ₩7,901 in FY 2021). Revenue: ₩17t (up 26% from FY 2021). Net income: ₩1.10t (up 80% from FY 2021). Profit margin: 6.4% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the IT industry in South Korea are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 21Upcoming dividend of ₩2,400 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.0%).
Reported Earnings • Nov 19Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: ₩5,056 (up from ₩2,490 in 3Q 2021). Revenue: ₩4.20t (up 24% from 3Q 2021). Net income: ₩391.1b (up 103% from 3Q 2021). Profit margin: 9.3% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 118%. Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the IT industry in South Korea are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman Won-Pyo Hong was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Major Estimate Revision • Oct 29Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩16.6b to ₩16.9b. EPS estimate increased from ₩10,279 to ₩12,884 per share. Net income forecast to grow 15% next year vs 33% growth forecast for IT industry in South Korea. Consensus price target broadly unchanged at ₩162,294. Share price was steady at ₩122,000 over the past week.
Major Estimate Revision • May 01Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₩14.7b to ₩16.3b. EPS estimate increased from ₩9,289 to ₩9,795 per share. Net income forecast to grow 24% next year vs 39% growth forecast for IT industry in South Korea. Consensus price target of ₩181,688 unchanged from last update. Share price rose 6.5% to ₩148,500 over the past week.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Chairman Won-Pyo Hong was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Mar 10Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ₩7,901 (up from ₩5,733 in FY 2020). Revenue: ₩14t (up 24% from FY 2020). Net income: ₩611.2b (up 38% from FY 2020). Profit margin: 4.5% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.2%, compared to a 14% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
공지 • Feb 17Samsung SDS Co.,Ltd., Annual General Meeting, Mar 16, 2022Samsung SDS Co.,Ltd., Annual General Meeting, Mar 16, 2022, at 09:00 Korea Standard Time. Location: Samsung SDS Tower, West Campus Seoul South Korea
Upcoming Dividend • Dec 22Upcoming dividend of ₩2,400 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.4%).
Price Target Changed • Nov 23Price target decreased to ₩204,059Down from ₩221,941, the current price target is an average from 17 analysts. New target price is 33% above last closing price of ₩154,000. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₩9,034 for next year compared to ₩5,733 last year.
Reported Earnings • Mar 10Full year 2020 earnings released: EPS ₩5,733 (vs ₩9,521 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩11t (up 2.8% from FY 2019). Net income: ₩443.5b (down 40% from FY 2019). Profit margin: 4.0% (down from 6.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
공지 • Feb 17Samsung SDS Co.,Ltd., Annual General Meeting, Mar 17, 2021Samsung SDS Co.,Ltd., Annual General Meeting, Mar 17, 2021, at 09:00 Korea Standard Time.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩219,500, the stock is trading at a trailing P/E ratio of 32.4x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 22x in the IT industry in South Korea. Total return to shareholders over the past three years is a loss of 9.7%.
Is New 90 Day High Low • Jan 05New 90-day high: ₩212,500The company is up 20% from its price of ₩177,500 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩176,150 per share.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩212,500, the stock is trading at a trailing P/E ratio of 31.4x, up from the previous P/E ratio of 26.2x. This compares to an average P/E of 21x in the IT industry in South Korea. Total return to shareholders over the past three years is a loss of 9.0%.
Upcoming Dividend • Dec 22Upcoming Dividend of ₩2,400 Per ShareWill be paid on the 17th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.4% is below the top quartile of South Korean dividend payers (2.6%), but is in line with industry peers (1.3%).
Is New 90 Day High Low • Oct 26New 90-day high: ₩182,000The company is up 5.0% from its price of ₩174,000 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩141,741 per share.
공지 • Oct 08Samsung SDS Co.,Ltd. to Report Q3, 2020 Results on Oct 27, 2020Samsung SDS Co.,Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020
공지 • Jul 17Samsung SDS Co.,Ltd. to Report Q2, 2020 Results on Jul 24, 2020Samsung SDS Co.,Ltd. announced that they will report Q2, 2020 results on Jul 24, 2020