Samsung Electronics Predicted to Lead KOSPI Rebound Amid Low Stock Price Discounts

Hana Securities has predicted that Samsung Electronics will lead the KOSPI rebound in the future. Analysts believe that Samsung can shift from a 'high-growth stock' to a 'high-dividend stock' like Apple, whose stock price was reevaluated by increasing dividends and treasury stock purchases.

The ratio of shareholder returns to free cash at Samsung Electronics is around 50% between 2024-2026. To change investor perceptions and establish Samsung as a high dividend stock, the company needs to strengthen shareholder returns.

Hana Securities cited Apple's past changes as an example. Between 2010-2012, Apple's net profit growth exceeded 70%, with its stock price rising by 110%. However, as profit growth slowed down, shareholder returns were strengthened through expanding dividends and treasury stock purchases.