Hyundai Engineering Valuation Multiples

Hyundai Engineering is valued at $10B as of September 2026, a 0.6x revenue multiple. In the last 12 months, Hyundai Engineering revenue was $20B and Hyundai Engineering EBITDA was $726M.

Hyundai Engineering Overview

About Hyundai Engineering

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.


Founded

1950

HQ

South Korea

Employees

7.1K

Website

en.hdec.kr

Financials (LTM)

Revenue: $20B
EBITDA: $726M

EV

$12B

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Hyundai Engineering Financials

Hyundai Engineering reported last 12-month revenue of $20B and EBITDA of $726M.

In the same LTM period, Hyundai Engineering generated $1.5B in gross profit, $726M in EBITDA, and $370M in net income.

Revenue (LTM)


Hyundai Engineering P&L

In the most recent fiscal year, Hyundai Engineering reported revenue of $22B and EBITDA of $556M.

Hyundai Engineering is profitable as of last fiscal year, with gross margin of 6%, EBITDA margin of 2%, and net margin of 1%.

See analyst estimates for Hyundai Engineering
LTMLast FY202320242025202620272028
Revenue$20B$22B$21B$24B$22B
Gross Profit$1.5B$1.4B$1.2B($157M)$1.4B
Gross Margin7%6%6%(1%)6%
EBITDA$726M$556M$867M($479M)$556M
EBITDA Margin4%2%4%(2%)2%
EBIT Margin3%2%3%(4%)2%
Net Profit$370M$269M$387M($122M)$269M
Net Margin2%1%2%(1%)1%
Net Debt-($633M)---

Financial data powered by Morningstar, Inc.

Hyundai Engineering Stock Performance

Hyundai Engineering has current market cap of $10B, and enterprise value of $12B.

Market Cap Evolution


Hyundai Engineering's stock price is $90.13.

Hyundai Engineering share price increased by 1.7% in the last 30 days, and by 127.4% in the last year.

Hyundai Engineering has an EPS (earnings per share) of $2.41.

See more trading valuation data for Hyundai Engineering
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$12B$10B0.5%1.7%9.8%127.4%$2.41

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Hyundai Engineering Valuation Multiples

Hyundai Engineering trades at 0.6x EV/Revenue multiple, and 16.4x EV/EBITDA.

See NTM and 2027E valuation multiples for Hyundai Engineering

EV / Revenue (LTM)


Hyundai Engineering Financial Valuation Multiples

As of September 21, 2026, Hyundai Engineering has market cap of $10B and EV of $12B.

Hyundai Engineering has a P/E ratio of 27.2x.

LTMLast FY202320242025202620272028
EV/Revenue0.6x0.5x0.6x0.5x0.5x
EV/EBITDA16.4x21.5x13.8x(24.9x)21.5x
EV/EBIT20.7x25.1x19.6x(13.2x)25.1x
EV/Gross Profit8.0x8.3x9.7x(76.2x)8.3x
P/E27.2x37.4x26.0x(82.7x)37.4x
EV/FCF17.7x(19.1x)(17.3x)(51.7x)(19.1x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Hyundai Engineering Margins & Growth Rates

Hyundai Engineering decreased revenue by 12% but EBITDA grew by 40% in the last fiscal year.

In the most recent fiscal year, Hyundai Engineering reported gross margin of 6%, EBITDA margin of 2%, and net margin of 1%.

See estimated margins and future growth rates for Hyundai Engineering

Hyundai Engineering Margins

Last FY202420252026202720282029
Gross Margin6%(1%)6%8%
EBITDA Margin2%(2%)2%4%
EBIT Margin2%(4%)2%3%
Net Margin1%(1%)1%2%
FCF Margin(3%)(1%)(3%)5%

Hyundai Engineering Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(12%)10%(5%)(12%)
Gross Profit Growth7%(113%)(1013%)7%
EBITDA Growth40%(155%)(216%)40%
EBIT Growth31%(249%)(152%)31%
Net Profit Growth53%(131%)(321%)53%
FCF Growth(271%)(66%)171%(271%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Hyundai Engineering Operational KPIs

Hyundai Engineering's revenue per employee in the last FY averaged $3.2M, while opex per employee averaged $0.1M for the same period.

Hyundai Engineering's Rule of 40 is (8%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Hyundai Engineering's Rule of X is (27%) (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Hyundai Engineering
LTMLast FY202320242025202620272028
Rule of 406%(8%)---
Bessemer Rule of X8%(27%)---
Revenue per Employee-$3.2M---
Opex per Employee-$0.1M---
S&M Expenses to Revenue-0%0%0%0%
G&A Expenses to Revenue-0%0%0%0%
R&D Expenses to Revenue1%1%0%0%1%
Opex to Revenue-4%3%3%4%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Hyundai Engineering Competitors

Hyundai Engineering competitors include AtkinsRéalis, Shimizu, ENKA İnşaat, Saipem, Tetra Tech, Dycom Industries, Skanska, China Railway Construction, SPIE and Power Construction Corporation of China.

Most Hyundai Engineering public comparables operate across Construction & Engineering.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
AtkinsRéalis$7.9B$2.4B1.3x1.2x4.2x12.5x
Shimizu$13B$1.5B0.9x0.9x8.0x10.9x
ENKA İnşaat$4B$1.3B1.7x1.6x5.3x8.0x
Saipem$18B$1.8B0.6x0.6x5.6x5.1x
Tetra Tech$5.4B$467M1.8x2.3x21.3x15.2x
Dycom Industries$5.5B$704M2.1x1.7x16.3x12.0x
Skanska$18B$954M0.5x0.5x9.4x8.2x
China Railway Construction$154B$9.5B0.7x0.7x11.5x11.6x

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About Hyundai Engineering

When was Hyundai Engineering founded?Hyundai Engineering was founded in 1950.
Where is Hyundai Engineering headquartered?Hyundai Engineering is headquartered in South Korea.
How many employees does Hyundai Engineering have?As of today, Hyundai Engineering has over 7K employees.
Is Hyundai Engineering publicly listed?Yes, Hyundai Engineering is a public company listed on Korea Exchange.
What is the stock symbol of Hyundai Engineering?Hyundai Engineering trades under 000720 ticker.
When did Hyundai Engineering go public?Hyundai Engineering went public in 1984.
Who are competitors of Hyundai Engineering?Hyundai Engineering main competitors include AtkinsRéalis, Shimizu, ENKA İnşaat, Saipem, Tetra Tech, Dycom Industries, Skanska, China Railway Construction, SPIE, Power Construction Corporation of China.
What is the current market cap of Hyundai Engineering?Hyundai Engineering's current market cap is $10B.
What is the current revenue of Hyundai Engineering?Hyundai Engineering's last 12 months revenue is $20B.
What is the current revenue growth of Hyundai Engineering?Hyundai Engineering revenue growth (NTM/LTM) is 2%.
What is the current EV/Revenue multiple of Hyundai Engineering?Current revenue multiple of Hyundai Engineering is 0.6x.
What is the current EBITDA of Hyundai Engineering?Hyundai Engineering's last 12 months EBITDA is $726M.
What is Hyundai Engineering's EBITDA margin?Hyundai Engineering's last 12 months EBITDA margin is 4%.
What is the current EV/EBITDA multiple of Hyundai Engineering?Current EBITDA multiple of Hyundai Engineering is 16.4x.
What is the current FCF of Hyundai Engineering?Hyundai Engineering's last 12 months FCF is $674M.
What is Hyundai Engineering's FCF margin?Hyundai Engineering's last 12 months FCF margin is 3%.
What is the current EV/FCF multiple of Hyundai Engineering?Current FCF multiple of Hyundai Engineering is 17.7x.
How many companies Hyundai Engineering has acquired to date?Hyundai Engineering hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Hyundai Engineering has invested to date?Hyundai Engineering hasn't invested in any companies yet (or none have been disclosed publicly).

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