South Korean (KOSPI) Financials Sector Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies201
- 7D-0.3%
- 3M3.2%
- 1Y2.5%
- YTD10.0%
Over the last 7 days, the Financials industry has remained flat, although notably KB Financial Group declined by 3.4%. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 10% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | ₩181.4t | ₩453.1t | ₩33.5t | 15.5x | 5.4x | 0.4x |
| Tue, 31 Oct 2023 | ₩170.6t | ₩482.6t | ₩33.0t | 15.3x | 5.2x | 0.4x |
| Thu, 28 Sep 2023 | ₩180.0t | ₩446.8t | ₩32.6t | 15.4x | 5.5x | 0.4x |
| Sat, 26 Aug 2023 | ₩174.0t | ₩497.0t | ₩34.0t | 15.4x | 5.1x | 0.4x |
| Mon, 24 Jul 2023 | ₩171.3t | ₩459.3t | ₩32.6t | 12.8x | 5.3x | 0.4x |
| Wed, 21 Jun 2023 | ₩170.3t | ₩459.3t | ₩32.6t | 13.5x | 5.2x | 0.4x |
| Fri, 19 May 2023 | ₩164.4t | ₩444.6t | ₩30.8t | 14x | 5.3x | 0.4x |
| Sun, 16 Apr 2023 | ₩165.3t | ₩427.3t | ₩30.8t | 14.9x | 5.4x | 0.4x |
| Tue, 14 Mar 2023 | ₩160.5t | ₩417.9t | ₩30.7t | 10.2x | 5.2x | 0.4x |
| Thu, 09 Feb 2023 | ₩168.9t | ₩388.3t | ₩31.1t | 8.8x | 5.4x | 0.4x |
| Sat, 07 Jan 2023 | ₩166.6t | ₩388.2t | ₩31.1t | 8.3x | 5.4x | 0.4x |
| Mon, 05 Dec 2022 | ₩163.1t | ₩388.2t | ₩31.5t | 8x | 5.2x | 0.4x |
| Wed, 02 Nov 2022 | ₩142.5t | ₩357.6t | ₩33.5t | 5.7x | 4.3x | 0.4x |
| Fri, 30 Sep 2022 | ₩137.0t | ₩354.5t | ₩31.5t | 5.6x | 4.4x | 0.4x |
| Sun, 28 Aug 2022 | ₩158.3t | ₩349.9t | ₩33.5t | 6.4x | 4.7x | 0.5x |
| Tue, 26 Jul 2022 | ₩155.0t | ₩342.9t | ₩34.3t | 6x | 4.5x | 0.5x |
| Thu, 23 Jun 2022 | ₩161.7t | ₩342.8t | ₩34.1t | 5.7x | 4.7x | 0.5x |
| Sat, 21 May 2022 | ₩180.9t | ₩327.3t | ₩35.6t | 6.4x | 5.1x | 0.6x |
| Mon, 18 Apr 2022 | ₩192.5t | ₩354.7t | ₩35.7t | 6.6x | 5.4x | 0.5x |
| Wed, 16 Mar 2022 | ₩181.6t | ₩309.1t | ₩33.2t | 7x | 5.5x | 0.6x |
| Fri, 11 Feb 2022 | ₩190.4t | ₩329.3t | ₩32.4t | 7.4x | 5.9x | 0.6x |
| Sun, 09 Jan 2022 | ₩187.5t | ₩329.3t | ₩32.2t | 7.2x | 5.8x | 0.6x |
| Tue, 07 Dec 2021 | ₩190.7t | ₩335.6t | ₩33.3t | 6.6x | 5.7x | 0.6x |
| Thu, 04 Nov 2021 | ₩191.2t | ₩327.8t | ₩32.4t | 7.9x | 5.9x | 0.6x |
| Sat, 02 Oct 2021 | ₩192.8t | ₩323.6t | ₩30.5t | 7.3x | 6.3x | 0.6x |
| Mon, 30 Aug 2021 | ₩196.8t | ₩326.3t | ₩30.5t | 5.8x | 6.4x | 0.6x |
| Tue, 06 Jul 2021 | ₩162.6t | ₩326.6t | ₩30.5t | 6.2x | 5.3x | 0.5x |
| Fri, 09 Apr 2021 | ₩149.1t | ₩317.4t | ₩28.2t | 6.2x | 5.3x | 0.5x |
| Thu, 31 Dec 2020 | ₩130.7t | ₩330.1t | ₩23.0t | 5.8x | 5.7x | 0.4x |
Price to Earnings Ratio
5.9x
Current Industry PE
- Investors are relatively neutral on the South Korean Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 5.4x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the South Korean Financials sector?
| KR Market | 0.53% | |
| Financials | -0.32% | |
| Diversified Financial | 3.04% | |
| Consumer Finance | 0.056% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -0.60% | |
| Insurance | -0.75% | |
| Banks | -0.75% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 11.0x.
- Analysts are expecting annual earnings growth of 25.3%, which is higher than its past year's earnings growth of 3.2% per year.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 5.0x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 3.2% 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 | |
|---|---|---|---|---|---|
| A138040 Meritz Financial Group | ₩55.70k | 2.4% +₩249.7b | 38.2% | PE6.6x | |
| A316140 Woori Financial Group | ₩12.91k | 1.7% +₩155.2b | 1.3% | PB0.3x | |
| A024110 Industrial Bank of Korea | ₩11.87k | 1.5% +₩135.6b | 6.0% | PB0.3x | |
| A377300 Kakao Pay | ₩46.10k | 2.0% +₩120.7b | -15.9% | PE138x | |
| A094480 GalaxiaMoneytreeLtd | ₩9.11k | 33.2% +₩89.1b | 76.6% | PE498.3x |