Despite a sharper decline in revenue growth forecasts, a substantial improvement in net profit margin has driven the consensus analyst price target for Mirae Asset Securities up from ₩6,954 to ₩16,782.
WHAT'S IN THE NEWS
- Announced a private placement of 10,520,000 common shares for gross proceeds of KRW 10,520,000.
- Mirae Asset Capital Co., Ltd. will participate in the transaction.
- Shareholders have approved the private placement.
- The transaction is expected to close between May 2, 2025, and July 31, 2025.
VALUATION CHANGES
Summary of Valuation Changes for Mirae Asset Securities
- The Consensus Analyst Price Target has significantly risen from ₩6954 to ₩16782.
- The Net Profit Margin for Mirae Asset Securities has significantly risen from 31.00% to 98.82%.
- The Consensus Revenue Growth forecasts for Mirae Asset Securities has significantly fallen from -39.0% per annum to -55.2% per annum.
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