Hana Financial Group (KOSE:A086790) - Share price, News & Analysis

A086790 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	3/6
Financial Health	6/6
Dividends	5/6

A086790 Stock Overview

Hana Financial Group Inc., through its subsidiaries, provides financial services in South Korea.

Rewards

Trading at 71.5% below our estimate of its fair value

Earnings are forecast to grow 7.72% per year

Earnings have grown 13.5% per year over the past 5 years

Risk Analysis

High level of non-cash earnings

Unstable dividend track record

Hana Financial Group Competitors

KB Financial Group

KOSE:A105560

₩22.6t

Woori Financial Group

KOSE:A316140

₩11.4t

Price History & Performance

Summary of all time highs, changes and price drops for Hana Financial Group
Historical stock prices
Current Share Price	₩46,200.00
52 Week High	₩52,900.00
52 Week Low	₩39,200.00
Beta	1
1 Month Change	-1.07%
3 Month Change	-11.83%
1 Year Change	-2.12%
3 Year Change	24.70%
5 Year Change	11.19%
Change since IPO	-6.68%

Shareholder Returns

	A086790	KR Banks	KR Market
7D	3.8%	3.1%	0.9%
1Y	-2.1%	3.9%	-15.0%

Return vs Industry: A086790 underperformed the KR Banks industry which returned 3.9% over the past year.

Return vs Market: A086790 exceeded the KR Market which returned -15% over the past year.

Price Volatility

Is A086790's price volatile compared to industry and market?
A086790 volatility
A086790 Average Weekly Movement	3.8%
Banks Industry Average Movement	3.6%
Market Average Movement	5.6%
10% most volatile stocks in KR Market	10.3%
10% least volatile stocks in KR Market	3.2%

Stable Share Price: A086790 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: A086790's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1971	n/a	Jung-Tai Kim	https://www.hanafn.com

Hana Financial Group Inc., through its subsidiaries, provides financial services in South Korea. The company engages in the commercial and trust banking, foreign exchange, and merchant banking; investment trading, brokerage, advisory, investment, and finance arrangement and security investment trust services; and leasing, installment financing, and corporate and consumer loan businesses. It also provides real estate investment trust, life and non-life insurance, bancassurance, asset management and investment advisory, investment management, and loan products and services; property and liability insurance, reinsurance, and insurance payments; trust services for securities companies; and accounting and trust services for banks, pension funds, and other companies, as well as investments to venture firms and start-up companies.

Hana Financial Group Fundamentals Summary

How do Hana Financial Group's earnings and revenue compare to its market cap?
A086790 fundamental statistics
Market Cap	₩13.28t
Earnings (TTM)	₩3.13t
Revenue (TTM)	₩9.96t

4.2x

P/E Ratio

0.4x

P/B Ratio

Is A086790 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
A086790 income statement (TTM)
Revenue	₩9.96t
Cost of Revenue	₩0
Gross Profit	₩9.96t
Other Expenses	₩6.82t
Earnings	₩3.13t

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	10.91k
Gross Margin	100.00%
Net Profit Margin	31.46%
Debt/Equity Ratio	257.0%

How did A086790 perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

29%

Payout Ratio

Valuation

Is Hana Financial Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: A086790 (₩46200) is trading below our estimate of fair value (₩162313.59)

Significantly Below Fair Value: A086790 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: A086790 is good value based on its PE Ratio (4.2x) compared to the KR Banks industry average (4.4x).

PE vs Market: A086790 is good value based on its PE Ratio (4.2x) compared to the KR market (14.5x).

Price to Earnings Growth Ratio

PEG Ratio: A086790 is good value based on its PEG Ratio (0.5x)

Price to Book Ratio

PB vs Industry: A086790's PB Ratio (0.4x) is in line with the KR Banks industry average.

Future Growth

How is Hana Financial Group forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

7.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A086790's forecast earnings growth (7.7% per year) is above the savings rate (3.5%).

Earnings vs Market: A086790's earnings (7.7% per year) are forecast to grow slower than the KR market (15% per year).

High Growth Earnings: A086790's earnings are forecast to grow, but not significantly.

Revenue vs Market: A086790's revenue (3.9% per year) is forecast to grow slower than the KR market (9.6% per year).

High Growth Revenue: A086790's revenue (3.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A086790's Return on Equity is forecast to be low in 3 years time (10.1%).

Past Performance

How has Hana Financial Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

13.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A086790 has a high level of non-cash earnings.

Growing Profit Margin: A086790's current net profit margins (31.5%) are higher than last year (28.7%).

Past Earnings Growth Analysis

Earnings Trend: A086790's earnings have grown by 13.5% per year over the past 5 years.

Accelerating Growth: A086790's earnings growth over the past year (24.2%) exceeds its 5-year average (13.5% per year).

Earnings vs Industry: A086790 earnings growth over the past year (24.2%) underperformed the Banks industry 41.5%.

Return on Equity

High ROE: A086790's Return on Equity (10.1%) is considered low.

Financial Health

How is Hana Financial Group's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: A086790's Assets to Equity ratio (14.2x) is moderate.

Allowance for Bad Loans: A086790 has a sufficient allowance for bad loans (163%).

Low Risk Liabilities: 70% of A086790's liabilities are made up of primarily low risk sources of funding.

Loan Level: A086790 has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: A086790's Loans to Deposits ratio (100%) is appropriate.

Level of Bad Loans: A086790 has an appropriate level of bad loans (0.4%).

Dividend

What is Hana Financial Group current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

6.71%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A086790's dividend (6.71%) is higher than the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A086790's dividend (6.71%) is in the top 25% of dividend payers in the KR market (2.72%)

Stability and Growth of Payments

Stable Dividend: A086790's dividend payments have been volatile in the past 10 years.

Growing Dividend: A086790's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.8%), A086790's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: A086790's dividends in 3 years are forecast to be well covered by earnings (28.8% payout ratio).

Next Steps

Explore strong dividend paying companies in the Banks industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure

CEO

Jung-Tai Kim (69 yo)

no data

Tenure

Mr. Jung-Tai Kim serves as the Chief Executive Officer of Hana Financial Group Inc. and serves as its Vice Chairman of Personal & Commercial Banking Division and Deputy President. Mr. Kim served as Chairma...

Leadership Team

Experienced Management: A086790's management team is considered experienced (3.3 years average tenure).

Board Members

Experienced Board: A086790's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/18 00:00
End of Day Share Price	2022/05/18 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31