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 269.2T KRW 152.4T KRW 176.7% 2.4T KRW 3 items 2.78 4.65 - 9.01%
2 삼성생명 KOSPI 148.6T KRW 56.8T KRW 261.6% 6.3T KRW 13 items 0.35 20.27 1.87% 440.89%
3 삼성물산 KOSPI 117.5T KRW 56.3T KRW 208.8% 7.1T KRW 9 items 0.54 21.00 0.81% 50.50%
4 SK KOSPI 73.4T KRW 42.6T KRW 172.5% 11.7T KRW 9 items 0.87 5.33 1.36% 149.17%
5 삼성전자 KOSPI 70.2T KRW 1,613.6T KRW 4.4% 4.1T KRW 23 items 3.21 12.38 0.60% 29.94%
6 LG화학 KOSPI 67.1T KRW 18.1T KRW 369.8% 16.2T KRW 3 items 0.57 - 0.78% 114.54%
7 HD한국조선해양 KOSPI 32.8T KRW 23.0T KRW 142.4% 4.2T KRW 4 items 1.55 6.68 3.78% 133.86%
8 현대차 KOSPI 28.2T KRW 71.0T KRW 39.8% 6.4T KRW 16 items 0.75 11.37 2.87% 188.95%
9 LG KOSPI 25.9T KRW 16.6T KRW 156.1% 14.0T KRW 7 items 0.55 22.81 2.82% 12.03%
10 삼성화재 KOSPI 24.3T KRW 27.9T KRW 86.8% 1.0T KRW 18 items 0.74 14.23 3.12% 352.98%
11 한화 KOSPI 23.3T KRW 6.6T KRW 351.7% 7.9T KRW 8 items 0.82 14.44 0.89% 497.35%
12 HD현대 KOSPI 22.6T KRW 15.6T KRW 145.0% 3.0T KRW 3 items 1.14 5.71 2.03% 159.39%
13 현대모비스 KOSPI 19.3T KRW 34.3T KRW 56.4% 6.6T KRW 8 items 0.65 9.58 1.70% 43.05%
14 두산 KOSPI 19.2T KRW 22.4T KRW 85.7% 2.3T KRW 6 items 9.48 79.80 0.29% 169.14%
15 POSCO홀딩스 KOSPI 16.3T KRW 24.3T KRW 67.3% 1.3T KRW 2 items 0.40 18.31 3.26% 68.64%
16 한화에어로스페이스 KOSPI 14.7T KRW 53.3T KRW 27.5% 2.4T KRW 3 items 4.43 25.79 0.68% 221.38%
17 기아 KOSPI 9.5T KRW 44.2T KRW 21.5% 2.7T KRW 8 items 0.68 6.29 6.00% 61.76%
18 효성 KOSPI 9.1T KRW 2.6T KRW 347.5% 1.1T KRW 5 items 0.97 5.64 3.21% 88.55%
19 KCC KOSPI 6.6T KRW 4.1T KRW 163.4% 8,661 × 100M KRW 7 items 0.32 1.14 3.17% 114.76%
20 카카오 KOSPI 5.5T KRW 14.9T KRW 37.0% 387 × 100M KRW 6 items 1.26 42.85 0.22% 82.49%
21 에코프로 KOSDAQ 4.8T KRW 11.6T KRW 41.2% 1,695 × 100M KRW 2 items 5.14 82.14 0.18% 117.92%
22 이마트 KOSPI 3.5T KRW 2.0T KRW 179.8% 8,461 × 100M KRW 4 items 0.14 92.20 3.53% 144.61%
23 두산에너빌리티 KOSPI 3.4T KRW 52.6T KRW 6.5% 236 × 100M KRW 2 items 6.43 290.11 - 129.10%
24 한진칼 KOSPI 3.1T KRW 8.9T KRW 34.4% 3.0T KRW 2 items 2.69 - 0.27% 20.93%
25 아모레퍼시픽홀딩스 KOSPI 3.0T KRW 2.0T KRW 153.5% 1.2T KRW 2 items 0.66 17.20 1.54% 21.20%