Samil Enterprise삼일기업공사

Samil Enterprise shows thinner revenue and a lower share price over the past year, though trailing profit remains positive and the shares trade at low multiples.

Samil Enterprise is a Korean construction contractor, trading at ₩3,220 with a market value of about ₩39.9B. Trailing revenue to H1 2026 was ₩102.1B after falling 24.4% in 2025, with a trailing operating margin of 5.7% and net income of ₩6.1B. The company reports cash of ₩17.8B against minimal borrowings of ₩4.7M, and its filings show a recent major sales or supply contract.

What stands out

• Revenue fell 24.4% in 2025 to ₩85.2B, following a 43.2% jump in 2024, so the top line is volatile.
• Operating margin was 8.7% in 2025 but 5.7% on a trailing basis to H1 2026, so profitability has eased.
• Trailing net income of ₩6.1B exceeds operating income of ₩5.9B, and ROE is 8.6%.
• The price is ₩3,220, down 9.7% over one year and within a 52-week range of ₩3,005 to ₩4,600.
• Valuation metrics are low (P/E 6.5, P/B 0.5, dividend yield 7%), and the DCF model gives a base value of ₩5,856, a bear value of ₩2,925 and a bull value of ₩11,272. These are model outputs, not forecasts or recommendations.
• Foreign ownership fell from 5.7% to 4.6% over the last 60 days, and foreign investors were net sellers over the last 20 days.

What to watch

• Details of the recent major sales or supply contract filings, including contract size and counterparty, which are not in the data.
• Full-year 2026 results and the next quarterly report, since revenue has been volatile year to year.
• Whether cash generation holds up, given trailing free cash flow of ₩30.1B against a ₩39.9B market value and a value-up plan filed in March 2026 whose targets are not in the data.