Holding company value

KOSPI/KOSDAQ companies, ordered by total listed-subsidiary stake value (market cap × ownership)

50%+ Subsidiary stakes exceed 50% of market cap (large holding-company discount)
20%+ Subsidiary stakes exceed 20% of market cap
#
1 SK스퀘어 KOSPI 205.3T KRW 118.6T KRW 173.1% 2.4T KRW 3 items 2.16 3.62 - 9.01%
2 삼성생명 KOSPI 120.2T KRW 52.3T KRW 229.8% 6.3T KRW 13 items 0.32 18.66 2.03% 440.89%
3 삼성물산 KOSPI 101.5T KRW 50.2T KRW 202.2% 7.1T KRW 9 items 0.48 18.73 0.90% 50.50%
4 LG화학 KOSPI 62.8T KRW 16.8T KRW 374.9% 16.2T KRW 3 items 0.52 - 0.84% 114.54%
5 삼성전자 KOSPI 59.9T KRW 1,283.3T KRW 4.7% 4.1T KRW 23 items 2.55 9.85 0.76% 29.94%
6 SK KOSPI 59.3T KRW 36.7T KRW 161.8% 11.7T KRW 9 items 0.75 4.60 1.58% 149.17%
7 현대차 KOSPI 23.0T KRW 56.5T KRW 40.8% 6.4T KRW 16 items 0.59 9.04 3.60% 188.95%
8 HD한국조선해양 KOSPI 21.9T KRW 18.2T KRW 120.7% 4.2T KRW 4 items 1.22 5.26 4.80% 133.86%
9 LG KOSPI 21.5T KRW 14.3T KRW 150.4% 14.0T KRW 7 items 0.47 19.68 3.27% 12.03%
10 삼성화재 KOSPI 19.3T KRW 29.1T KRW 66.5% 1.0T KRW 18 items 0.76 14.79 3.00% 352.98%
11 한화 KOSPI 16.9T KRW 5.0T KRW 339.6% 7.9T KRW 8 items 0.62 10.87 1.18% 497.35%
12 HD현대 KOSPI 16.2T KRW 11.1T KRW 146.2% 3.0T KRW 3 items 0.81 4.06 2.84% 159.39%
13 현대모비스 KOSPI 15.3T KRW 31.5T KRW 48.7% 6.6T KRW 8 items 0.60 8.79 1.85% 43.05%
14 POSCO홀딩스 KOSPI 14.7T KRW 21.1T KRW 69.6% 1.3T KRW 2 items 0.35 15.92 3.75% 68.64%
15 두산 KOSPI 12.5T KRW 12.0T KRW 104.6% 2.3T KRW 6 items 5.76 48.49 0.48% 169.14%
16 한화에어로스페이스 KOSPI 10.9T KRW 38.2T KRW 28.6% 2.4T KRW 3 items 3.17 18.45 0.95% 221.38%
17 기아 KOSPI 8.4T KRW 37.7T KRW 22.2% 2.7T KRW 8 items 0.58 5.37 7.04% 61.76%
18 효성 KOSPI 6.4T KRW 2.1T KRW 298.7% 1.1T KRW 5 items 0.80 4.65 3.89% 88.55%
19 KCC KOSPI 5.8T KRW 3.5T KRW 167.6% 8,661 × 100M KRW 7 items 0.27 0.98 3.71% 114.76%
20 카카오 KOSPI 5.0T KRW 12.8T KRW 39.1% 387 × 100M KRW 6 items 1.08 36.78 0.26% 82.49%
21 에코프로 KOSDAQ 3.7T KRW 9.5T KRW 38.6% 1,695 × 100M KRW 2 items 4.26 67.76 0.21% 117.92%
22 이마트 KOSPI 3.2T KRW 2.0T KRW 159.5% 8,461 × 100M KRW 4 items 0.15 97.79 3.32% 144.61%
23 아모레퍼시픽홀딩스 KOSPI 2.9T KRW 2.1T KRW 141.5% 1.2T KRW 2 items 0.68 17.86 1.49% 21.20%
24 한진칼 KOSPI 2.9T KRW 11.7T KRW 24.8% 3.0T KRW 2 items 3.53 - 0.21% 20.93%
25 두산에너빌리티 KOSPI 2.8T KRW 33.4T KRW 8.5% 236 × 100M KRW 2 items 4.09 184.45 - 129.10%