Despite the consensus price target remaining unchanged at ₩20,273, a notable increase in the future P/E ratio points to heightened earnings expectations or a richer valuation multiple.
What's in the News
- Mirae Asset Securities announced a share repurchase program to buy back up to 4,000,000 shares to enhance shareholder value through stock burn.
- The Board of Directors authorized the buyback plan.
- The company currently holds 23,542,494 treasury shares available for dividend and 107,551,823 treasury shares acquired through other means.
Valuation Changes
Summary of Valuation Changes for Mirae Asset Securities
- The Consensus Analyst Price Target remained effectively unchanged, at ₩20273.
- The Future P/E for Mirae Asset Securities has significantly risen from 11.66x to 12.88x.
- The Discount Rate for Mirae Asset Securities remained effectively unchanged, moving only marginally from 9.84% to 9.94%.
Disclaimer
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