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Apr 28
South Korean (KOSPI) Financials Sector Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies174
- 7D-4.2%
- 3M0.6%
- 1Y26.7%
- YTD17.3%
Over the last 7 days, the Financials industry has dropped 4.2%, driven by KB Financial Group declining 5.5%. Over the past 12 months, the industry was up 27%. Looking forward, earnings are forecast to grow by 10% annually.
Sector Valuation and Performance
Has the South Korean Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | ₩207.4t | ₩297.2t | ₩32.1t | 8.3x | 6.5x | 0.7x |
| Fri, 26 Apr 2024 | ₩199.9t | ₩314.3t | ₩32.7t | 8.2x | 6.1x | 0.6x |
| Sun, 24 Mar 2024 | ₩221.9t | ₩321.1t | ₩31.0t | 10x | 7.2x | 0.7x |
| Tue, 20 Feb 2024 | ₩212.9t | ₩398.7t | ₩31.6t | 11.3x | 6.7x | 0.5x |
| Thu, 18 Jan 2024 | ₩180.8t | ₩465.6t | ₩33.2t | 15x | 5.4x | 0.4x |
| Sat, 16 Dec 2023 | ₩186.6t | ₩465.6t | ₩33.2t | 15x | 5.6x | 0.4x |
| Mon, 13 Nov 2023 | ₩177.5t | ₩485.3t | ₩34.4t | 14.9x | 5.2x | 0.4x |
| Wed, 11 Oct 2023 | ₩181.1t | ₩446.8t | ₩32.6t | 15.1x | 5.5x | 0.4x |
| Fri, 08 Sep 2023 | ₩177.9t | ₩446.9t | ₩33.3t | 15.6x | 5.3x | 0.4x |
| Sun, 06 Aug 2023 | ₩176.0t | ₩497.2t | ₩34.0t | 13x | 5.2x | 0.4x |
| Tue, 04 Jul 2023 | ₩171.3t | ₩459.3t | ₩32.6t | 14.3x | 5.2x | 0.4x |
| Thu, 01 Jun 2023 | ₩165.2t | ₩447.3t | ₩30.9t | 14.2x | 5.4x | 0.4x |
| Sat, 29 Apr 2023 | ₩162.4t | ₩427.4t | ₩30.9t | 13x | 5.3x | 0.4x |
| Mon, 27 Mar 2023 | ₩160.8t | ₩424.0t | ₩31.7t | 11.5x | 5.1x | 0.4x |
| Wed, 22 Feb 2023 | ₩165.3t | ₩493.7t | ₩30.7t | 8.4x | 5.4x | 0.3x |
| Fri, 20 Jan 2023 | ₩172.9t | ₩388.2t | ₩31.1t | 8.4x | 5.6x | 0.4x |
| Sun, 18 Dec 2022 | ₩162.6t | ₩388.2t | ₩31.1t | 8.7x | 5.2x | 0.4x |
| Tue, 15 Nov 2022 | ₩152.2t | ₩369.1t | ₩33.5t | 6.6x | 4.5x | 0.4x |
| Thu, 13 Oct 2022 | ₩136.2t | ₩354.4t | ₩31.5t | 5.4x | 4.3x | 0.4x |
| Sat, 10 Sep 2022 | ₩146.2t | ₩354.5t | ₩31.8t | 5.9x | 4.6x | 0.4x |
| Mon, 08 Aug 2022 | ₩160.2t | ₩342.9t | ₩34.3t | 6.2x | 4.7x | 0.5x |
| Wed, 06 Jul 2022 | ₩157.7t | ₩342.9t | ₩34.2t | 5.9x | 4.6x | 0.5x |
| Fri, 03 Jun 2022 | ₩186.0t | ₩327.0t | ₩35.5t | 6.6x | 5.2x | 0.6x |
| Sun, 01 May 2022 | ₩188.9t | ₩330.3t | ₩36.2t | 6.8x | 5.2x | 0.6x |
| Tue, 29 Mar 2022 | ₩181.4t | ₩287.3t | ₩30.1t | 7.4x | 6x | 0.6x |
| Thu, 24 Feb 2022 | ₩187.7t | ₩316.6t | ₩32.5t | 7.3x | 5.8x | 0.6x |
| Sat, 22 Jan 2022 | ₩187.8t | ₩329.3t | ₩32.2t | 7.1x | 5.8x | 0.6x |
| Mon, 20 Dec 2021 | ₩195.2t | ₩335.6t | ₩32.3t | 6.9x | 6x | 0.6x |
| Wed, 17 Nov 2021 | ₩192.1t | ₩314.3t | ₩32.8t | 7.7x | 5.9x | 0.6x |
| Fri, 15 Oct 2021 | ₩189.2t | ₩323.6t | ₩30.5t | 7.3x | 6.2x | 0.6x |
| Sun, 12 Sep 2021 | ₩193.3t | ₩326.3t | ₩30.5t | 6.2x | 6.3x | 0.6x |
| Tue, 10 Aug 2021 | ₩191.9t | ₩326.3t | ₩30.5t | 5.8x | 6.3x | 0.6x |
Price to Earnings Ratio
5.8x
Current Industry PE
- Investors are optimistic on the South Korean Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.5x which is higher than its 3-year average PE of 5.5x.
- The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 4.4% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.1% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the South Korean Financials sector?
| KR Market | 0.051% | |
| Financials | -4.19% | |
| Consumer Finance | 0.18% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -2.50% | |
| Banks | -4.01% | |
| Diversified Financial | -4.62% | |
| Insurance | -5.95% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry which is trading above its 3-year average PE ratio of 5.4x.
- Analysts are expecting annual earnings growth of 0.6%, which is higher than its past year's earnings decline of 1.2% per year.
- Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 6.5x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Consumer Finance industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A029780 Samsung Card | ₩40.45k | 4.4% +₩181.4b | 34.6% | PE7.1x | |
| A005830 DB Insurance | ₩102.60k | 2.1% +₩126.1b | 38.6% | PE3.5x | |
| A175330 JB Financial Group | ₩13.58k | 2.6% +₩64.5b | 59.8% | PB0.5x | |
| A001450 Hyundai Marine & Fire Insurance | ₩33.00k | 1.2% +₩31.4b | 0.6% | PE4.4x | |
| A001200 Eugene Investment & SecuritiesLtd | ₩4.33k | 5.4% +₩20.2b | 30.8% | PE13x |
