September 2026
Largest Construction & Engineering Public Companies in South Korea
Benchmark revenue and EBITDA valuation multiples for public comps like
Samsung C&T, Doosan, Samsung Heavy Industries, Hyundai Engineering and Daewoo Engineering.
 | Samsung C&T Corp is a diversified company. It is engaged in construction, trading, fashion, resort, food & beverages, and biopharmaceutical operations. The Construction division handles domestic and overseas construction projects, the Trading division engages in trading activities, and the Fashion division imports and sells apparel. The Resort division operates Everland, Caribbean Bay, and golf courses, while the Food and Beverages division manages specialty catering and food distribution through Samsung Welstory. The Bio division carries out biopharmaceutical contract manufacturing and biosimilar-related business. | $268 | +104% | $44B | $47B | 1.6x | 12.2x | ||
| Doosan Corp. is a South Korean company engaged in heavy industries, machinery manufacturing and others through its subsidiaries. The company generates the majority of its revenue from three subsidies: Doosan Infracore, or DI; Doosan Heavy Industries & Construction, or DHC; and Doosan Engineering & Construction, or DEC. DI, which is partially owned by Doosan Corp., is engaged in manufacturing and selling of internal combustion engines, construction machinery, and others. DHC, another company partially owned by Doosan Corp., is engaged in supplying generating units, casting, forging, and other businesses. DEC, whose majority stake is owned by Doosan Corp., is engaged in apartment building constructions. The company generates most of its sales from Asia, the U.S., and Europe. | $1,077 | +179% | $16B | $28B | 1.9x | 22.9x | ||
| Samsung Heavy Industries Co Ltd is a South Korean-based shipbuilding and construction company. The company has two reportable segments: Shipbuilding Offshore and Energy Infrastructure Solution. The Shipbuilding Offshore segment derives revenue from LNG ships, container ships, FLNG and related products, serving mainly overseas ship owners. The Energy Infrastructure Solution segment is involved in civil engineering, architecture and related infrastructure products, with the majority of customers including construction companies. It generates the majority of its revenue from the Shipbuilding Offshore segment. | $15 | -4% | $13B | $12B | 1.6x | 15.7x | ||
| Hyundai Engineering & Construction Co Ltd works in the construction industry, and has completed civil, building, plant, and energy projects. It constructs buildings, structures, and infrastructure primarily geared toward transportation, power stations, gas facilities, and real estate. The company operates four business segments: building works, civil works, plant works/electrical works, and other. Procuring materials and delivering timely performance to develop large, complex structures are focuses of the business. The company has a strong sales presence in its home country of Korea, but it derives the majority of its sales from international projects in Asia, Africa, and other regions. | $96 | +142% | $11B | $13B | 0.6x | 22.4x | ||
| Daewoo Engineering & Construction Co Ltd develops complex structures and buildings for various end markets. It operates four business divisions: Civil Project, Building Works, Plants, and Housing. The company constructs roads, bridges, railways, offices, factories, apartments, and various power plants. It works in various stages of the construction process and will partner with developers to meet clients' needs. Many of the projects are highly technical with a lot of moving components, so planning and acquiring the right resources becomes an important part of the process. The majority of revenue is derived from Korea, but it will take orders for projects outside the country. | $14 | +432% | $5.6B | $8B | 1.4x | (10.6x) | ||
| Median | $96 | +142% | $13B | $13B | 1.6x | 15.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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