Industrial Bank of Korea Valuation
Is A024110 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of A024110 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: A024110 (₩14380) is trading below our estimate of fair value (₩47378.55)
Significantly Below Fair Value: A024110 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for A024110?
Key metric: As A024110 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is A024110's PE Ratio? | |
|---|---|
| PE Ratio | 5x |
| Earnings | ₩2.28t |
| Market Cap | ₩11.47t |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does A024110's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 10x | ||
A316140 Woori Financial Group | 4.7x | 9.4% | ₩12.0t |
A323410 KakaoBank | 24.6x | 13.1% | ₩9.9t |
A086790 Hana Financial Group | 5.1x | 6.6% | ₩17.0t |
A175330 JB Financial Group | 5.7x | 5.0% | ₩3.5t |
A024110 Industrial Bank of Korea | 5x | 7.7% | ₩11.5t |
Price-To-Earnings vs Peers: A024110 is good value based on its Price-To-Earnings Ratio (5x) compared to the peer average (10x).
Price to Earnings Ratio vs Industry
How does A024110's PE Ratio compare vs other companies in the Asian Banks Industry?
| 3 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 3 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: A024110 is good value based on its Price-To-Earnings Ratio (5x) compared to the Asian Banks industry average (8.6x).
Price to Earnings Ratio vs Fair Ratio
What is A024110's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 5x |
| Fair PE Ratio | 6.4x |
Price-To-Earnings vs Fair Ratio: A024110 is good value based on its Price-To-Earnings Ratio (5x) compared to the estimated Fair Price-To-Earnings Ratio (6.4x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ₩14,380.00 | ₩15,500.00 +7.8% | 14.3% | ₩19,000.00 | ₩9,400.00 | n/a | 20 |
| Nov ’25 | ₩14,360.00 | ₩15,475.00 +7.8% | 14.1% | ₩19,000.00 | ₩9,400.00 | n/a | 20 |
| Oct ’25 | ₩13,970.00 | ₩15,395.00 +10.2% | 13.6% | ₩18,000.00 | ₩9,400.00 | n/a | 20 |
| Sep ’25 | ₩13,810.00 | ₩15,287.50 +10.7% | 13.5% | ₩18,000.00 | ₩9,400.00 | n/a | 20 |
| Aug ’25 | ₩14,000.00 | ₩15,287.50 +9.2% | 13.5% | ₩18,000.00 | ₩9,400.00 | n/a | 20 |
| Jul ’25 | ₩13,850.00 | ₩15,305.26 +10.5% | 13.3% | ₩18,000.00 | ₩9,400.00 | n/a | 19 |
| Jun ’25 | ₩13,760.00 | ₩15,333.33 +11.4% | 13.5% | ₩19,200.00 | ₩9,400.00 | n/a | 21 |
| May ’25 | ₩13,950.00 | ₩15,333.33 +9.9% | 13.5% | ₩19,200.00 | ₩9,400.00 | n/a | 21 |
| Apr ’25 | ₩13,310.00 | ₩14,557.14 +9.4% | 14.7% | ₩20,000.00 | ₩8,600.00 | n/a | 21 |
| Mar ’25 | ₩14,000.00 | ₩13,209.52 -5.6% | 15.7% | ₩17,000.00 | ₩8,600.00 | n/a | 21 |
| Feb ’25 | ₩13,130.00 | ₩12,376.19 -5.7% | 14.0% | ₩15,000.00 | ₩8,600.00 | n/a | 21 |
| Jan ’25 | ₩11,860.00 | ₩12,323.81 +3.9% | 14.9% | ₩15,000.00 | ₩7,900.00 | n/a | 21 |
| Dec ’24 | ₩11,870.00 | ₩12,323.81 +3.8% | 14.9% | ₩15,000.00 | ₩7,900.00 | n/a | 21 |
| Nov ’24 | ₩11,260.00 | ₩12,290.48 +9.2% | 15.2% | ₩15,000.00 | ₩7,900.00 | ₩14,360.00 | 21 |
| Oct ’24 | ₩11,210.00 | ₩11,630.00 +3.7% | 15.1% | ₩14,000.00 | ₩7,900.00 | ₩13,970.00 | 20 |
| Sep ’24 | ₩10,760.00 | ₩11,580.00 +7.6% | 14.9% | ₩14,000.00 | ₩7,900.00 | ₩13,810.00 | 20 |
| Aug ’24 | ₩10,490.00 | ₩11,735.00 +11.9% | 16.6% | ₩15,000.00 | ₩7,900.00 | ₩14,000.00 | 20 |
| Jul ’24 | ₩10,340.00 | ₩11,815.00 +14.3% | 17.1% | ₩15,000.00 | ₩7,900.00 | ₩13,850.00 | 20 |
| Jun ’24 | ₩10,150.00 | ₩11,830.00 +16.6% | 16.9% | ₩15,000.00 | ₩7,900.00 | ₩13,760.00 | 20 |
| May ’24 | ₩10,060.00 | ₩12,030.00 +19.6% | 16.9% | ₩15,000.00 | ₩8,500.00 | ₩13,950.00 | 20 |
| Apr ’24 | ₩10,100.00 | ₩12,038.89 +19.2% | 18.4% | ₩15,000.00 | ₩8,500.00 | ₩13,310.00 | 18 |
| Mar ’24 | ₩10,380.00 | ₩12,084.21 +16.4% | 18.2% | ₩15,000.00 | ₩8,500.00 | ₩14,000.00 | 19 |
| Feb ’24 | ₩10,300.00 | ₩12,173.68 +18.2% | 18.6% | ₩16,000.00 | ₩8,500.00 | ₩13,130.00 | 19 |
| Jan ’24 | ₩9,820.00 | ₩12,235.29 +24.6% | 18.6% | ₩16,000.00 | ₩8,500.00 | ₩11,860.00 | 17 |
| Dec ’23 | ₩11,200.00 | ₩12,294.74 +9.8% | 17.9% | ₩16,000.00 | ₩8,500.00 | ₩11,870.00 | 19 |
| Nov ’23 | ₩10,450.00 | ₩12,255.56 +17.3% | 18.4% | ₩16,000.00 | ₩8,500.00 | ₩11,260.00 | 18 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
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