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A105

KB Financial Group KOSE:A105560 Stock Report

Last Price

₩58.00k

Market Cap

₩22.6t

7D

1.9%

1Y

-1.4%

Updated

17 May, 2022

Data

Company Financials +
A105560 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends6/6

A105560 Stock Overview

KB Financial Group Inc. provides a range of banking and related financial services to consumers and corporations in South Korea and internationally.

KB Financial Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for KB Financial Group
Historical stock prices
Current Share Price₩58,000.00
52 Week High₩66,400.00
52 Week Low₩50,100.00
Beta0.67
1 Month Change-2.69%
3 Month Change-10.91%
1 Year Change-1.36%
3 Year Change25.54%
5 Year Change9.02%
Change since IPO34.26%

Recent News & Updates

Shareholder Returns

A105560KR BanksKR Market
7D1.9%1.0%0.006%
1Y-1.4%4.1%-15.8%

Return vs Industry: A105560 underperformed the KR Banks industry which returned 4.1% over the past year.

Return vs Market: A105560 exceeded the KR Market which returned -15.8% over the past year.

Price Volatility

Is A105560's price volatile compared to industry and market?
A105560 volatility
A105560 Average Weekly Movement4.1%
Banks Industry Average Movement3.6%
Market Average Movement5.5%
10% most volatile stocks in KR Market10.3%
10% least volatile stocks in KR Market3.2%

Stable Share Price: A105560 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: A105560's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008n/aJong-Kyoo Yoonhttps://www.kbfg.com

KB Financial Group Inc. provides a range of banking and related financial services to consumers and corporations in South Korea and internationally. The company operates through Corporate Banking, Retail Banking, Other Banking Services, Securities Business, Non-life Insurance Business, Credit Card Business, and Life Insurance Business segments. It offers loans, deposit products, and other related financial products and services to large, small, and medium-sized enterprises, as well as small and home office, and individuals and households; investment banking, and brokerage and supporting services; life insurance products; non-life insurance products; and credit sale, cash service, card loan, and other supporting services.

KB Financial Group Fundamentals Summary

How do KB Financial Group's earnings and revenue compare to its market cap?
A105560 fundamental statistics
Market Cap₩22.60t
Earnings (TTM)₩4.61t
Revenue (TTM)₩13.42t

4.9x

P/E Ratio

0.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A105560 income statement (TTM)
Revenue₩13.42t
Cost of Revenue₩0
Gross Profit₩13.42t
Other Expenses₩8.82t
Earnings₩4.61t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)11.82k
Gross Margin100.00%
Net Profit Margin34.32%
Debt/Equity Ratio279.4%

How did A105560 perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

25%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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: A105560 (₩58000) is trading below our estimate of fair value (₩157501.64)

Significantly Below Fair Value: A105560 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A105560 is poor value based on its PE Ratio (4.9x) compared to the KR Banks industry average (4.4x).

PE vs Market: A105560 is good value based on its PE Ratio (4.9x) compared to the KR market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: A105560 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: A105560's PB Ratio (0.5x) is in line with the KR Banks industry average.


Future Growth

How is KB Financial Group forecast to perform in the next 1 to 3 years based on estimates from 23 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


4.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A105560's forecast earnings growth (4.6% per year) is above the savings rate (3.5%).

Earnings vs Market: A105560's earnings (4.6% per year) are forecast to grow slower than the KR market (15.2% per year).

High Growth Earnings: A105560's earnings are forecast to grow, but not significantly.

Revenue vs Market: A105560's revenue (3.9% per year) is forecast to grow slower than the KR market (9.6% per year).

High Growth Revenue: A105560'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: A105560's Return on Equity is forecast to be low in 3 years time (9.6%).


Past Performance

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

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


8.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A105560 has high quality earnings.

Growing Profit Margin: A105560's current net profit margins (34.3%) are higher than last year (31.6%).


Past Earnings Growth Analysis

Earnings Trend: A105560's earnings have grown by 8.2% per year over the past 5 years.

Accelerating Growth: A105560's earnings growth over the past year (16.2%) exceeds its 5-year average (8.2% per year).

Earnings vs Industry: A105560 earnings growth over the past year (16.2%) underperformed the Banks industry 41.5%.


Return on Equity

High ROE: A105560's Return on Equity (9.5%) is considered low.


Financial Health

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

Financial Health Score

5/6

Financial Health Score 5/6

  • 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: A105560's Assets to Equity ratio (14.1x) is moderate.

Allowance for Bad Loans: A105560 has a low allowance for bad loans (92%).

Low Risk Liabilities: 59% of A105560's liabilities are made up of primarily low risk sources of funding.

Loan Level: A105560 has an appropriate level of Loans to Assets ratio (63%).

Low Risk Deposits: A105560's Loans to Deposits ratio (114%) is appropriate.

Level of Bad Loans: A105560 has an appropriate level of bad loans (0.9%).


Dividend

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

Dividend Score

6/6

Dividend Score 6/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.07%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A105560's dividend (5.07%) is higher than the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A105560's dividend (5.07%) is in the top 25% of dividend payers in the KR market (2.73%)


Stability and Growth of Payments

Stable Dividend: A105560's dividends per share have been stable in the past 10 years.

Growing Dividend: A105560's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.4%), A105560's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A105560's dividends in 3 years are forecast to be well covered by earnings (28.9% payout ratio).


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Jong-Kyoo Yoon (66 yo)

7.5yrs

Tenure

₩1,726,000,000

Compensation

Dr. Jong-Kyoo Yoon has been CEO of KB Financial Group Inc. since November 21, 2014 and also has been its Co-Chairman since June 7, 2017. Dr. Yoon served as Chairman of KB Financial Group Inc. since Novembe...


CEO Compensation Analysis

Compensation vs Market: Jong-Kyoo's total compensation ($USD1.36M) is about average for companies of similar size in the KR market ($USD1.35M).

Compensation vs Earnings: Jong-Kyoo's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: A105560's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: A105560's board of directors are considered experienced (3.2 years average tenure).


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.


Top Shareholders

Company Information

KB Financial Group Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: KB Financial Group Inc.
  • Ticker: A105560
  • Exchange: KOSE
  • Founded: 2008
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ₩22.599t
  • Shares outstanding: 389.63m
  • Website: https://www.kbfg.com

Number of Employees


Location

  • KB Financial Group Inc.
  • 26, Gukjegeumyung-ro 8-gil
  • Yeongdeungpo-gu
  • Seoul
  • 7331
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.