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South Korean (KOSPI) Insurance Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies14
  • 7D1.9%
  • 3M-7.0%
  • 1Y10.8%
  • YTD10.5%

Over the last 7 days, the Insurance industry has remained flat, although notably Samsung Life Insurance gained 3.9%. The past year has been better, since the industry has gained 9.1% in that time.

Industry Valuation and Performance

Has the South Korean Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021₩34.5t₩147.5t₩5.3t6.9x
Tue, 02 Nov 2021₩37.9t₩147.2t₩5.1t7x
Thu, 30 Sep 2021₩39.1t₩147.2t₩5.1t7.5x
Sat, 28 Aug 2021₩38.2t₩150.3t₩5.2t6.2x
Sun, 04 Jul 2021₩38.3t₩150.3t₩5.2t6.6x
Wed, 07 Apr 2021₩35.2t₩149.6t₩5.4t6.2x
Sat, 09 Jan 2021₩33.4t₩149.5t₩3.9t6.4x
Fri, 02 Oct 2020₩28.6t₩145.7t₩3.5t5.4x
Mon, 06 Jul 2020₩25.0t₩143.9t₩3.2t5.2x
Thu, 09 Apr 2020₩23.0t₩142.2t₩2.8t5.1x
Wed, 01 Jan 2020₩36.2t₩138.4t₩2.9t7.7x
Sat, 05 Oct 2019₩34.4t₩135.8t₩3.3t8.1x
Tue, 09 Jul 2019₩40.4t₩134.9t₩3.4t9.2x
Mon, 01 Apr 2019₩44.5t₩134.5t₩4.5t9.5x
Thu, 03 Jan 2019₩42.9t₩133.7t₩4.7t8.9x
PE Ratio

8.9x

Total Market Cap: ₩42.9tTotal Earnings: ₩4.7tTotal Revenue: ₩133.7t0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 7.1x. However, future earnings are expected to decline by 2.7% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Insurance industry have grown 4.6% per year over the last three years, and revenues for these companies have grown 2.6% 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 Insurance industry?

Life and Health Insurance3.02%
Property and Casualty Insurance1.29%
Reinsurance-3.30%
Insurance Brokers-3.53%

Industry PE: Investors are most optimistic about the Insurance Brokers industry, which is trading close to its 3-year average PE ratio of 10.6x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Property and Casualty Insurance industry, which is trading below its 3-year average of 6.6x.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Property and Casualty Insurance industry since they expect its earnings to decline by only 0.9% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 41% per year. Meanwhile, the Life and Health Insurance industry is expected to see its earnings decline by 4.5% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
A032830 Samsung Life Insurance4.7%+₩538.7b-8.9%PE7.6x
A000810 Samsung Fire & Marine Insurance1.2%+₩106.3b8.9%PE8x
A000060 Meritz Fire & Marine Insurance2.8%+₩104.7b118.0%PE6.4x
A005830 DB Insurance3.2%+₩102.1b23.6%PE4.2x
A085620 Mirae Asset Life Insurance0.5%+₩2.6b4.8%PE35.8x
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