InvestMoat

Samsung vs SK hynix

Samsung is cheaper. So why does SK hynix win?

SK hynix edges it, 72 to 68, on moat and growth.

Samsung wins on valuation, but SK hynix's lead on moat counts for more.

005930.KS · Semiconductors

Samsung Electronics

…

HoldFull analysis

000660.KS · Semiconductors

SK hynix

…

HoldFull analysis

005930.KS

000660.KS

Composite
68
72
(higher)
Moat
55
71
(higher)
Growth
68
73
(higher)
Valuation
84
(higher)
71

005930.KS

000660.KS

Bear
₩200,000
₩1,000,000
Base
₩325,000
₩2,000,000
Bull
₩475,000
₩2,900,000
Upside to base
—
—

005930.KS

000660.KS

Revenue CAGR, 3–5 yr
10–16%
12–20%

005930.KS

000660.KS

Proprietary Data
Intact
Intact
Regulatory Lock-In
Intact (higher)
N/A
Network Effects
Weakened (higher)
N/A
Transaction Embedding
Intact
Intact
System of Record
N/A
N/A
Scale Economics
Intact
Strong (higher)
Brand & Pricing Power
Intact (higher)
N/A

005930.KS

000660.KS

Learned Interfaces
Weakened (higher)
N/A
Business Logic
N/A
N/A
Public Data Access
N/A
N/A
Talent Scarcity
Intact
Intact
Bundling
Weakened (higher)
N/A

Shaded cells mark the higher score or stronger moat on each row. Valuation and composite use the live price when it is available, the same as each stock page.

Which is the better stock, Samsung or SK hynix?

SK hynix edges it, 72 to 68, on moat and growth. Samsung wins on valuation, but SK hynix's lead on moat counts for more. Our rating: Samsung Hold, SK hynix Hold.

Does Samsung or SK hynix have the wider moat?

SK hynix scores 71 on moat to Samsung's 55. SK hynix is rated stronger on scale economics.

Which is growing faster, Samsung or SK hynix?

SK hynix scores 73 on growth to Samsung's 68. We expect Samsung to grow 10–16% a year, SK hynix 12–20%.

Is Samsung or SK hynix cheaper right now?

Samsung scores 84 on valuation to SK hynix's 71. In our base case, Samsung has more upside: +40% vs +13%.

Scores in the answers use the price each valuation was last struck at; the table above updates with the live price. Not investment advice.