Korean Media: Samsung Electronics' Market Capitalization Breaks $1 Trillion, Surpassing Walmart to Rank 11th Globally

Samsung Electronics' market capitalization has surpassed $1 trillion (approximately 1,370 trillion KRW). Among Asian companies, it ranks second only to Taiwan's TSMC.

According to the Korea Exchange and Bloomberg on the 6th, Samsung Electronics saw its share price rise by up to 15% during intraday trading compared to the previous session, hitting a historical high. By 12:08 PM that day, shares were up 13.55%, closing at 264,000 KRW, with a market cap reaching approximately 1,543 trillion KRW (about $1.0586 trillion), officially crossing the $1 trillion threshold.

The milestone of reaching a $1 trillion market capitalization holds symbolic significance in global stock markets. As of now, only 13 companies worldwide belong to this "trillion-dollar club."

In global market capitalization rankings, Samsung Electronics has surpassed Warren Buffett’s Berkshire Hathaway and U.S. retail giant Walmart, rising to 11th place. It still lags behind Tesla—the 10th-ranked company—at around $1.462 trillion by roughly $30 billion. Currently, Nvidia leads globally with about $4.7 trillion, followed by Alphabet (Google's parent company), Apple, Microsoft, Amazon, and others.

Market analysts believe Samsung Electronics, whose recent stock performance has been strong, is poised to challenge for a top-10 position globally. Bloomberg data shows analysts expect Samsung’s stock to rise another ~30% over the next 12 months. Based on forward 12-month P/E ratio, the current valuation stands at just 5.3x—significantly lower than 14.4x in October last year—indicating a notable improvement in valuation attractiveness.

Experts point out that under constraints in semiconductor supply, contract prices are surging rapidly, and the semiconductor business is expected to deliver historic profits over the coming quarters. David Mazza, CEO of New York-based Round Hill Investments, stated, "Breaking the $1 trillion mark is not only symbolic but also reflects substantial market positioning. From a broader macro perspective, this underscores the market’s view that storage chips play a structural, not cyclical, role in AI infrastructure."

Additionally, as of 1:38 PM that day, the Korea Composite Stock Price Index surged 6.71% (465.53 points) from the previous day, closing at 7,402.52 points—officially breaking through the 7,400-point barrier.

Source: JoongAng Daily

Original article: toutiao.com/article/1864428742819977/

Disclaimer: The views expressed in this article are those of the author.