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Shinhan Financial Group Co Ltd ADR SHG

Morningstar Rating
$32.64 +0.49 (1.52%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SHG is trading at a 22% discount.
Price
$31.99
Fair Value
$65.63
Uncertainty
Very High
1-Star Price
$76.48
5-Star Price
$86.51
Economic Moat
Rxz
Capital Allocation
FL
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News

Trading Information

Previous Close Price
$32.15
Day Range
$32.4732.64
52-Week Range
$25.0033.97
Bid/Ask
$32.63 / $32.71
Market Cap
$16.74 Bil
Volume/Avg
18,137 / 126,248

Key Statistics

Price/Earnings (Normalized)
6.28
Price/Sales
1.11
Dividend Yield (Trailing)
4.93%
Dividend Yield (Forward)
4.93%
Total Yield
7.41%

Company Profile

Shinhan Financial is Korea’s largest banking group. Its 11.2% market share of loans trails KB’s 12.8%, but Shinhan has more contribution from nonbank and overseas businesses than rivals. Nonbank units include Shinhan Card, the country’s largest credit card company, brokerage firm Shinhan Securities, and a top-five presence in life insurance. It also owns leasing firm Shinhan Capital, Shinhan Asset Management, and regional bank Jeju Bank, among others. Unlike KB, whose predecessor banks were originally founded by the government, Shinhan has always been a private-sector bank, having grown to the top spot organically and through M&A after having been only a second-tier player before the Asian financial crisis.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Value
Total Number of Employees
24,917

Comparables

Valuation

Metric
SHG
139130
105560
Price/Earnings (Normalized)
6.283.484.63
Price/Book Value
0.470.250.48
Price/Sales
1.110.651.50
Price/Cash Flow
2.521.214.97
Price/Earnings
SHG
139130
105560

Financial Strength

Metric
SHG
139130
105560
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
SHG
139130
105560
Return on Assets (Normalized)
0.57%0.49%0.63%
Return on Equity (Normalized)
8.37%7.97%9.26%
Return on Invested Capital (Normalized)
Return on Assets
SHG
139130
105560
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Economic Moat
Market Cap
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PNC
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ISNPY
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TFC
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MFG
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LYG
Lloyds Banking Group PLC ADRWfjlst$37.2 Bil
BBD
Bank Bradesco SA ADRBtgz$28.5 Bil
DB
Deutsche Bank AGNydby$26.6 Bil

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