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South Korean (KOSPI) Financials Sector Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies190
- 7D-2.3%
- 3M-1.6%
- 1Y25.2%
- YTD25.1%
Over the last 7 days, the Financials industry has remained flat, although notably Samsung Life Insurance declined by 5.2%. The past year has been better, since the industry has gained 27% in that time. As for the next few years, earnings are expected to grow by 5.8% 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 |
|---|---|---|---|---|---|---|
| Fri, 20 Dec 2024 | ₩221.1t | ₩319.0t | ₩34.3t | 7.2x | 6.4x | 0.7x |
| Sun, 17 Nov 2024 | ₩221.4t | ₩296.2t | ₩33.6t | 7.3x | 6.6x | 0.7x |
| Tue, 15 Oct 2024 | ₩227.3t | ₩313.4t | ₩32.9t | 7.7x | 6.9x | 0.7x |
| Thu, 12 Sep 2024 | ₩211.8t | ₩313.4t | ₩32.9t | 7.3x | 6.4x | 0.7x |
| Sat, 10 Aug 2024 | ₩215.2t | ₩301.0t | ₩31.7t | 8.1x | 6.8x | 0.7x |
| Mon, 08 Jul 2024 | ₩224.1t | ₩307.3t | ₩31.1t | 8.8x | 7.2x | 0.7x |
| Wed, 05 Jun 2024 | ₩204.4t | ₩297.3t | ₩32.2t | 8.2x | 6.4x | 0.7x |
| Fri, 03 May 2024 | ₩202.8t | ₩314.5t | ₩32.7t | 8.4x | 6.2x | 0.6x |
| Sun, 31 Mar 2024 | ₩207.4t | ₩321.8t | ₩30.8t | 9.1x | 6.7x | 0.6x |
| Tue, 27 Feb 2024 | ₩205.6t | ₩395.6t | ₩32.1t | 10.5x | 6.4x | 0.5x |
| Thu, 25 Jan 2024 | ₩185.8t | ₩465.6t | ₩33.2t | 15.1x | 5.6x | 0.4x |
| Sat, 23 Dec 2023 | ₩186.7t | ₩465.6t | ₩33.2t | 15.1x | 5.6x | 0.4x |
| Mon, 20 Nov 2023 | ₩179.9t | ₩466.2t | ₩34.4t | 15x | 5.2x | 0.4x |
| Wed, 18 Oct 2023 | ₩182.2t | ₩446.8t | ₩32.6t | 15.6x | 5.6x | 0.4x |
| Fri, 15 Sep 2023 | ₩183.6t | ₩446.8t | ₩32.6t | 15.4x | 5.6x | 0.4x |
| Sun, 13 Aug 2023 | ₩175.5t | ₩496.9t | ₩34.1t | 13.8x | 5.1x | 0.4x |
| Tue, 11 Jul 2023 | ₩166.3t | ₩459.3t | ₩32.6t | 13.5x | 5.1x | 0.4x |
| Thu, 08 Jun 2023 | ₩176.5t | ₩459.6t | ₩32.8t | 14.2x | 5.4x | 0.4x |
| Sat, 06 May 2023 | ₩162.6t | ₩463.8t | ₩31.1t | 13.1x | 5.2x | 0.4x |
| Mon, 03 Apr 2023 | ₩162.6t | ₩427.4t | ₩31.3t | 13.2x | 5.2x | 0.4x |
| Wed, 01 Mar 2023 | ₩167.1t | ₩493.7t | ₩30.7t | 8.7x | 5.4x | 0.3x |
| Fri, 27 Jan 2023 | ₩176.7t | ₩388.3t | ₩31.1t | 9.2x | 5.7x | 0.5x |
| Sun, 25 Dec 2022 | ₩163.2t | ₩388.2t | ₩31.1t | 8.8x | 5.3x | 0.4x |
| Tue, 22 Nov 2022 | ₩151.0t | ₩369.9t | ₩33.5t | 6.9x | 4.5x | 0.4x |
| Thu, 20 Oct 2022 | ₩142.2t | ₩354.4t | ₩31.5t | 5.5x | 4.5x | 0.4x |
| Sat, 17 Sep 2022 | ₩148.1t | ₩354.5t | ₩31.4t | 5.9x | 4.7x | 0.4x |
| Mon, 15 Aug 2022 | ₩163.1t | ₩333.5t | ₩34.1t | 6.2x | 4.8x | 0.5x |
| Wed, 13 Jul 2022 | ₩151.2t | ₩342.9t | ₩34.2t | 5.7x | 4.4x | 0.4x |
| Fri, 10 Jun 2022 | ₩180.6t | ₩342.7t | ₩34.2t | 7x | 5.3x | 0.5x |
| Sun, 08 May 2022 | ₩187.0t | ₩330.5t | ₩36.2t | 6.9x | 5.2x | 0.6x |
| Tue, 05 Apr 2022 | ₩197.7t | ₩324.2t | ₩34.6t | 7.2x | 5.7x | 0.6x |
| Thu, 03 Mar 2022 | ₩180.8t | ₩316.6t | ₩32.5t | 6.9x | 5.6x | 0.6x |
| Sat, 29 Jan 2022 | ₩179.7t | ₩329.3t | ₩32.2t | 7x | 5.6x | 0.5x |
| Mon, 27 Dec 2021 | ₩192.7t | ₩335.6t | ₩32.3t | 7.3x | 6x | 0.6x |
Price to Earnings Ratio
6x
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 18.9x which is higher than its 3-year average PE of 5.7x.
- The 3-year average PS ratio of 0.51x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have declined 28% per year over the last three years,
- Revenues have also declined 27% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the South Korean Financials sector?
| KR Market | -1.64% | |
| Financials | -2.35% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -0.71% | |
| Consumer Finance | -1.37% | |
| Banks | -2.33% | |
| Diversified Financial | -2.61% | |
| Insurance | -3.42% | |
Industry PE
- Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 6.3x.
- Analysts are expecting annual earnings growth of 2.6%, which is higher than its past year's earnings decline of 5.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 22% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- 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 | |
|---|---|---|---|---|---|
| A105560 KB Financial Group | ₩86.00k | 1.2% +₩374.5b | 63.8% | PB0.6x | |
| A030210 Daol Investment & Securities | ₩3.10k | 18.8% +₩29.0b | -24.0% | PS0.2x | |
| A039490 Kiwoom Securities | ₩123.60k | 0.7% +₩21.3b | 24.2% | PE8.9x | |
| A001720 Shinyoung Securities | ₩75.50k | 2.2% +₩20.9b | 27.3% | PE9.2x | |
| A034310 NICE Holdings | ₩11.54k | 3.0% +₩11.9b | -14.5% | PS0.1x |
