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South Korean (KOSPI) Financials Sector Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies167
  • 7D-2.1%
  • 3M22.1%
  • 1Y80.8%
  • YTD22.7%

Over the last 7 days, the Financials industry has dropped 2.1%, driven by Mirae Asset Securities declining 11%. Over the past 12 months, the industry was up 81%. Earnings are forecast to grow by 9.4% annually.

Sector Valuation and Performance

Has the South Korean Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026₩408.7t₩347.9t₩41.7t26.1x9.8x1.2x
Thu, 19 Feb 2026₩445.5t₩347.7t₩41.0t36.1x10.9x1.3x
Sat, 17 Jan 2026₩337.0t₩371.0t₩39.7t25.5x8.5x0.9x
Mon, 15 Dec 2025₩327.5t₩371.1t₩39.7t27.7x8.2x0.9x
Wed, 12 Nov 2025₩330.7t₩352.8t₩39.2t40.3x8.4x0.9x
Fri, 10 Oct 2025₩315.0t₩361.3t₩37.8t43.9x8.3x0.9x
Sun, 07 Sep 2025₩300.3t₩361.3t₩38.2t43.5x7.9x0.8x
Tue, 05 Aug 2025₩293.1t₩334.4t₩37.0t19.1x7.9x0.9x
Thu, 03 Jul 2025₩301.6t₩334.2t₩36.6t9.4x8.2x0.9x
Sat, 31 May 2025₩257.8t₩319.5t₩37.5t9.1x6.9x0.8x
Mon, 28 Apr 2025₩225.9t₩320.0t₩38.1t7.9x5.9x0.7x
Wed, 26 Mar 2025₩226.8t₩299.7t₩37.2t7.5x6.1x0.8x
Fri, 21 Feb 2025₩229.3t₩299.0t₩36.5t6.8x6.3x0.8x
Sun, 19 Jan 2025₩220.2t₩319.0t₩34.3t6.6x6.4x0.7x
Tue, 17 Dec 2024₩226.8t₩114.7t₩11.0t7.8x20.5x2x
Thu, 14 Nov 2024₩224.6t₩295.9t₩33.2t7.5x6.8x0.8x
Sat, 12 Oct 2024₩227.3t₩313.4t₩32.9t7.7x6.9x0.7x
Mon, 09 Sep 2024₩221.8t₩313.4t₩33.4t7.5x6.6x0.7x
Wed, 07 Aug 2024₩206.3t₩316.2t₩31.6t7.5x6.5x0.7x
Fri, 05 Jul 2024₩221.8t₩307.3t₩31.1t8.7x7.1x0.7x
Sun, 02 Jun 2024₩208.2t₩297.3t₩32.2t8.3x6.5x0.7x
Tue, 30 Apr 2024₩209.0t₩315.7t₩32.5t8.4x6.4x0.7x
Thu, 28 Mar 2024₩211.2t₩321.4t₩30.7t10x6.9x0.7x
Sat, 24 Feb 2024₩211.7t₩399.4t₩31.6t10.8x6.7x0.5x
Mon, 22 Jan 2024₩179.5t₩465.6t₩33.2t14.6x5.4x0.4x
Wed, 20 Dec 2023₩184.9t₩465.6t₩33.2t15x5.6x0.4x
Fri, 17 Nov 2023₩181.4t₩466.7t₩34.2t15.1x5.3x0.4x
Sun, 15 Oct 2023₩182.2t₩446.8t₩32.6t15.6x5.6x0.4x
Tue, 12 Sep 2023₩181.4t₩446.8t₩32.6t15.4x5.6x0.4x
Thu, 10 Aug 2023₩175.3t₩497.2t₩34.0t13.5x5.2x0.4x
Sat, 08 Jul 2023₩163.8t₩459.3t₩32.6t13.5x5x0.4x
Mon, 05 Jun 2023₩174.9t₩459.6t₩32.8t14.2x5.3x0.4x
Wed, 03 May 2023₩162.4t₩469.4t₩31.1t13.4x5.2x0.3x
Fri, 31 Mar 2023₩161.5t₩423.8t₩31.3t12.3x5.2x0.4x
Price to Earnings Ratio

5.2x


Total Market Cap: ₩161.5tTotal Earnings: ₩31.3tTotal Revenue: ₩423.8tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Financials Sector Price to Earnings3Y Average 6.8x202420252026
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 9.8x which is higher than its 3-year average PE of 6.8x.
  • The 3-year average PS ratio of 0.68x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 10.0% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.4% 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-2.72%
Financials-2.05%
Consumer Finance1.11%
Insurance0.45%
Mortgage Finance0%0
Banks-1.36%
Diversified Financial-2.05%
Capital Markets-5.68%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 8.6x.
    • Analysts are expecting annual earnings growth of 14.0%, which is lower than the prior year's growth of 22.8% per year.
  • Investors are most pessimistic about the Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 1.9% per year.
  • In contrast, the Consumer Finance industry is expected to see its earnings grow by 4.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
A032830 Samsung Life Insurance₩222.00k2.3%
+₩897.9b		161.5%PE17.3x
A001510 SK Securities₩2.39k37.9%
+₩271.1b		412.9%PE282.2x
A005830 DB Insurance₩183.70k2.6%
+₩269.7b		87.4%PE6.8x
A005940 NH Investment & Securities₩32.95k1.7%
+₩206.0b		120.7%PE14.4x
A000810 Samsung Fire & Marine Insurance₩480.50k0.6%
+₩127.5b		29.0%PE11.7x

Latest News

A006800
₩61,100.00
Mirae Asset Securities
7D
-11.6%
1Y
561.0%

A006800: Buybacks And Stock Split Will Likely Obscure Sharp Profit Margin Reset

Analysts have lifted their price target for Mirae Asset Securities from ₩18,000 to about ₩21,431, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples. What's in the News Mirae Asset Securities plans a stock split or significant stock dividend at a ratio of 1.073206 to 1, scheduled for March 16, 2026 (Key Developments).
A055550
₩90,000.00
Shinhan Financial Group
7D
-1.3%
1Y
83.9%

A055550: Buyback And Rising Payout Will Support Stronger Shareholder Returns

Analysts have raised their fair value estimate for Shinhan Financial Group from about ₩90,474 to about ₩110,805. They cite updated assumptions that include a slightly lower discount rate, a modestly higher revenue growth outlook, a marginally lower profit margin, and a higher future P/E multiple.
A000810
₩480,500.00
Samsung Fire & Marine Insurance
7D
0.6%
1Y
29.0%

A000810: Dividend Visibility And Firmer Margins Will Support A More Positive Outlook

Analysts have raised their price target for Samsung Fire & Marine Insurance to ₩627,036.84 from ₩618,385, reflecting updated assumptions on fair value, profit margins, and forward P/E multiples. What's in the News Samsung Fire & Marine Insurance announced an annual dividend of ₩19,500.00 per share.
A138040
₩106,100.00
Meritz Financial Group
7D
-4.6%
1Y
-10.2%

Future High Quality Real Estate And Capital Efficiency Will Support Stronger Earnings Visibility

Catalysts About Meritz Financial Group Meritz Financial Group is a Korean financial holding company with core operations in non life insurance, securities and capital financing. What are the underlying business or industry changes driving this perspective?
A377300
₩53,900.00
Kakao Pay
7D
-10.3%
1Y
77.6%

A377300: Higher Future P/E Will Sustain An Overvalued Share Price

Analysts have raised their Kakao Pay price target from ₩52,860 to ₩56,600, citing an updated combination of slightly lower revenue growth and profit margin assumptions, a higher future P/E multiple, and a modestly adjusted discount rate. Valuation Changes Fair Value: The updated analyst fair value estimate has moved from ₩52,860 to ₩56,600.
A032830
₩222,000.00
Samsung Life Insurance
7D
2.3%
1Y
161.5%

Long Term Health Focus And Strong Capital Position Will Support Future Earnings Quality

Catalysts About Samsung Life Insurance Samsung Life Insurance is a major Korean life insurer focused on protection, health insurance and long term savings products, supported by a large investment portfolio and financial subsidiaries. What are the underlying business or industry changes driving this perspective?
A086790
₩106,500.00
Hana Financial Group
7D
-3.1%
1Y
70.1%

A086790: Future Buybacks Will Mask Weak Earnings Quality And Richer P E Multiple

Analysts now estimate fair value for Hana Financial Group at about ₩94,844, compared with the prior ₩88,514. This reflects updated assumptions around revenue growth, profit margins, and a modestly higher future P/E multiple.
A029780
₩59,200.00
Samsung Card
7D
1.0%
1Y
33.9%
A105560
₩146,900.00
KB Financial Group
7D
-2.5%
1Y
79.4%

A105560: Future Buybacks And Rising Dividends Will Support Upside Potential

Analysts have adjusted their price target for KB Financial Group to ₩177,930 from ₩166,026, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future price-to-earnings (P/E) ratio. What's in the News The board proposes amendments to KB Financial Group's articles of incorporation for approval at the annual general meeting scheduled for March 26, 2026.
A005940
₩32,950.00
NH Investment & Securities
7D
1.7%
1Y
120.7%
A071050
₩211,000.00
Korea Investment Holdings
7D
-9.6%
1Y
181.3%
A082640
₩8,970.00
Tong Yang Life Insurance
7D
5.7%
1Y
73.5%
A001510
₩2,385.00
SK Securities
7D
37.9%
1Y
412.9%
A001450
₩30,750.00
Hyundai Marine & Fire Insurance
7D
2.2%
1Y
34.0%
A039490
₩400,000.00
Kiwoom Securities
7D
-9.9%
1Y
206.0%
A005830
₩183,700.00
DB Insurance
7D
2.6%
1Y
87.4%