010140:KRXSamsung Heavy Industries Co., Ltd Analysis

Samsung Heavy Industries trades at roughly KRW 22,050, which is **well below** its DCF‑derived fair value of about KRW 88,350, implying a potential upside of nearly 70%. The forward P/E of 13.0 is also **significantly lower** than the industry average of 31.2, underscoring a valuation gap. Revenue is expanding at a healthy 16.4% YoY, and the company generates robust operating cash flow (≈KRW 3.18 tn) and free cash flow (≈KRW 2.92 tn), supporting its ability to service debt despite a high debt‑to‑equity ratio of 32.7. However, margins remain modest (gross margin 13.9%, operating margin 9.4%) and the firm pays no dividend.
On the technical side, the stock sits below its 20‑day (KRW 24,240), 50‑day (KRW 27,322) and 200‑day (KRW 26,852) moving averages, indicating a **bearish bias**. The RSI of 38.5 suggests the price is approaching oversold territory, while the MACD histogram is negative, reinforcing short‑term downside pressure. Volatility is elevated at 62% over the past 30 days and beta is slightly above 1, pointing to higher market sensitivity. The nearest support sits at KRW 20,700 and resistance at KRW 29,800, framing a range that traders should watch.