Mirae Asset Securities Co., Ltd.

KOSE:A006800 Stock Report

Market Cap: ₩9.6t

Mirae Asset Securities Valuation

Is A006800 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 A006800 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₩15.47k
Fair Value
26.2% overvalued intrinsic discount
12
Number of Analysts

Below Fair Value: A006800 (₩19530) is trading above our estimate of fair value (₩15473.69)

Significantly Below Fair Value: A006800 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for A006800?

Key metric: As A006800 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A006800. This is calculated by dividing A006800's market cap by their current earnings.
What is A006800's PE Ratio?
PE Ratio15.4x
Earnings₩727.57b
Market Cap₩9.64t

Price to Earnings Ratio vs Peers

How does A006800's PE Ratio compare to its peers?

The above table shows the PE ratio for A006800 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.1x
A071050 Korea Investment Holdings
7.6x8.81%₩7.5t
A016360 Samsung SecuritiesLtd
6.8x2.70%₩6.0t
A005940 NH Investment & Securities
9.9x6.28%₩6.6t
A039490 Kiwoom Securities
7.9x9.92%₩5.7t
A006800 Mirae Asset Securities
15.4x11.89%₩9.6t

Price-To-Earnings vs Peers: A006800 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (8.1x).


Price to Earnings Ratio vs Industry

How does A006800's PE Ratio compare vs other companies in the KR Capital Markets Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A008560 Meritz Securities
4.2xn/aUS$2.43b
A023590 Daou Technology
4xn/aUS$1.03b
A041190 Woori Technology Investment
4.3xn/aUS$486.50m
A032190 Daou Data
4.6xn/aUS$485.54m
A006800 15.4xIndustry Avg. 14.8xNo. of Companies11PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A006800 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the KR Capital Markets industry average (14.8x).


Price to Earnings Ratio vs Fair Ratio

What is A006800'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.

A006800 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.4x
Fair PE Ratio11.3x

Price-To-Earnings vs Fair Ratio: A006800 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (11.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst A006800 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩19,530.00
₩13,858.33
-29.04%
16.04%₩18,000.00₩10,500.00n/a12
Jun ’26₩15,550.00
₩13,858.33
-10.88%
16.04%₩18,000.00₩10,500.00n/a12
May ’26₩11,850.00
₩11,345.45
-4.26%
7.62%₩13,000.00₩10,500.00n/a11
Apr ’26₩9,350.00
₩11,345.45
+21.34%
7.62%₩13,000.00₩10,500.00n/a11
Mar ’26₩8,740.00
₩10,727.27
+22.74%
6.26%₩12,000.00₩9,200.00n/a11
Feb ’26₩8,430.00
₩10,563.64
+25.31%
7.06%₩12,000.00₩9,200.00n/a11
Jan ’26₩8,030.00
₩10,563.64
+31.55%
7.06%₩12,000.00₩9,200.00n/a11
Dec ’25₩8,560.00
₩10,391.67
+21.40%
8.80%₩12,000.00₩8,500.00n/a12
Nov ’25₩8,770.00
₩9,808.33
+11.84%
10.94%₩11,000.00₩7,500.00n/a12
Oct ’25₩8,420.00
₩9,508.33
+12.93%
10.49%₩11,000.00₩7,500.00n/a12
Sep ’25₩8,360.00
₩9,463.64
+13.20%
10.88%₩11,000.00₩7,500.00n/a11
Aug ’25₩7,680.00
₩8,909.09
+16.00%
12.04%₩11,000.00₩7,500.00n/a11
Jul ’25₩7,210.00
₩8,918.18
+23.69%
11.98%₩11,000.00₩7,500.00n/a11
Jun ’25₩7,210.00
₩8,841.67
+22.63%
11.92%₩11,000.00₩7,500.00₩15,550.0012
May ’25₩7,590.00
₩9,008.33
+18.69%
14.90%₩12,000.00₩7,500.00₩11,850.0012
Apr ’25₩7,970.00
₩8,883.33
+11.46%
16.64%₩12,000.00₩7,000.00₩9,350.0012
Mar ’25₩9,020.00
₩8,825.00
-2.16%
17.06%₩12,000.00₩7,000.00₩8,740.0012
Feb ’25₩8,290.00
₩7,583.33
-8.52%
10.99%₩9,000.00₩6,500.00₩8,430.0012
Jan ’25₩7,630.00
₩7,481.82
-1.94%
9.64%₩8,500.00₩6,500.00₩8,030.0011
Dec ’24₩7,060.00
₩7,650.00
+8.36%
10.30%₩9,000.00₩6,500.00₩8,560.0012
Nov ’24₩6,800.00
₩7,809.09
+14.84%
9.56%₩9,000.00₩6,500.00₩8,770.0011
Oct ’24₩6,450.00
₩8,050.00
+24.81%
9.66%₩9,500.00₩7,000.00₩8,420.0010
Sep ’24₩6,780.00
₩8,050.00
+18.73%
9.66%₩9,500.00₩7,000.00₩8,360.0010
Aug ’24₩7,120.00
₩8,140.00
+14.33%
9.49%₩9,500.00₩7,000.00₩7,680.0010
Jul ’24₩7,230.00
₩8,190.00
+13.28%
9.10%₩9,500.00₩7,000.00₩7,210.0010
Jun ’24₩7,220.00
₩8,140.00
+12.74%
9.88%₩9,500.00₩7,000.00₩7,210.0010
AnalystConsensusTarget
Consensus Narrative from 12 Analysts
₩13.86k
Fair Value
40.9% overvalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/21 02:36
End of Day Share Price 2025/06/20 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mirae Asset Securities Co., Ltd. is covered by 29 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null RESEARCH DEPARTMENTBNP Paribas Securities (Asia)
Seung Kyu ShimBofA Global Research
Terence ParkCLSA