A138040 Stock Overview
Meritz Financial Group Inc., through its subsidiaries, provides various financial services in South Korea.
Meritz Financial Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₩30,700.00|
|52 Week High||₩55,900.00|
|52 Week Low||₩17,050.00|
|1 Month Change||-19.21%|
|3 Month Change||-19.53%|
|1 Year Change||73.45%|
|3 Year Change||118.51%|
|5 Year Change||108.84%|
|Change since IPO||455.15%|
Recent News & Updates
|A138040||KR Diversified Financial||KR Market|
Return vs Industry: A138040 exceeded the KR Diversified Financial industry which returned 51.7% over the past year.
Return vs Market: A138040 exceeded the KR Market which returned -14.2% over the past year.
|A138040 Average Weekly Movement||7.0%|
|Diversified Financial Industry Average Movement||6.9%|
|Market Average Movement||5.6%|
|10% most volatile stocks in KR Market||10.4%|
|10% least volatile stocks in KR Market||3.2%|
Stable Share Price: A138040 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: A138040's weekly volatility (7%) has been stable over the past year.
About the Company
|2007||15||Yong Bum Kim||https://www.meritzgroup.com|
Meritz Financial Group Inc., through its subsidiaries, provides various financial services in South Korea. The company offers fire, marine, long-term, automobile, and general insurance products, as well as credit financing, asset management, etc.; and securities and OTC derivatives investment/brokerage and trading, trust, and investment consulting and discretion services. It is also involved in the provision of car financing, personal loan, and corporate financing services; real estate investment trusts management services; and commissioned management of investment trusts.
Meritz Financial Group Fundamentals Summary
|A138040 fundamental statistics|
Is A138040 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|A138040 income statement (TTM)|
|Cost of Revenue||₩0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||6.21k|
|Net Profit Margin||4.89%|
How did A138040 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is Meritz Financial Group undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: A138040 (₩30700) is trading below our estimate of fair value (₩50350.15)
Significantly Below Fair Value: A138040 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: A138040 is good value based on its PE Ratio (4.9x) compared to the Asian Diversified Financial industry average (13.4x).
PE vs Market: A138040 is good value based on its PE Ratio (4.9x) compared to the KR market (14.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate A138040's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: A138040 is good value based on its PB Ratio (1x) compared to the KR Diversified Financial industry average (1.2x).
How is Meritz Financial Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if A138040's forecast earnings growth is above the savings rate (3.5%).
Earnings vs Market: Insufficient data to determine if A138040's earnings are forecast to grow faster than the KR market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: A138040's revenue is expected to decline over the next 3 years (-50.5% per year).
High Growth Revenue: A138040's revenue is forecast to decline over the next 3 years (-50.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A138040's Return on Equity is forecast to be low in 3 years time (5.9%).
How has Meritz Financial Group performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A138040 has a high level of non-cash earnings.
Growing Profit Margin: A138040's current net profit margins (4.9%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: A138040's earnings have grown by 17.7% per year over the past 5 years.
Accelerating Growth: A138040's earnings growth over the past year (60.6%) exceeds its 5-year average (17.7% per year).
Earnings vs Industry: A138040 earnings growth over the past year (60.6%) exceeded the Diversified Financial industry 34.9%.
Return on Equity
High ROE: Whilst A138040's Return on Equity (20.1%) is high, this metric is skewed due to their high level of debt.
How is Meritz Financial Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score2/6
Financial Health Score 2/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: A138040's Assets to Equity ratio (11.9x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if A138040 has a sufficient allowance for bad loans.
Low Risk Liabilities: 97% of A138040's liabilities are made up of primarily higher risk sources of funding.
Loan Level: A138040 has an appropriate level of Loans to Assets ratio (19%).
Low Risk Deposits: A138040's Loans to Deposits ratio (604%) is high.
Level of Bad Loans: Insufficient data to determine if A138040 has an appropriate level of bad loans.
What is Meritz Financial Group current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: A138040's dividend (0.68%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (0.85%).
High Dividend: A138040's dividend (0.68%) is low compared to the top 25% of dividend payers in the KR market (2.75%).
Stability and Growth of Payments
Stable Dividend: A138040 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: A138040 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.5%), A138040's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: A138040's dividends in 3 years are forecast to be thoroughly covered by earnings (1.8% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yong Bum Kim (58 yo)
Mr. Yong Bum Kim serves as the Chief Executive Officer at Meritz Fire & Marine Insurance Co., Ltd. since March 20, 2015 and serves as its Vice Chairman. Mr. Kim serves as Chief Executive Officer and Presid...
Experienced Board: A138040's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Meritz Financial Group Inc.'s employee growth, exchange listings and data sources
- Name: Meritz Financial Group Inc.
- Ticker: A138040
- Exchange: KOSE
- Founded: 2007
- Industry: Other Diversified Financial Services
- Sector: Diversified Financials
- Implied Market Cap: ₩3.769t
- Shares outstanding: 122.78m
- Website: https://www.meritzgroup.com
Number of Employees
- Meritz Financial Group Inc.
- 382, Gangnam-daero
- South Korea
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.