Shinhan Financial Group Stock Beta
| SHG Stock | USD 34.16 2.31 7.25% |
Shinhan Financial Group fundamentals help investors to digest information that contributes to Shinhan Financial's financial success or failures. It also enables traders to predict the movement of Shinhan Stock. The fundamental analysis module provides a way to measure Shinhan Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shinhan Financial stock.
Shinhan | Beta |
Shinhan Financial Group Company Beta Analysis
Shinhan Financial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Shinhan Financial Beta | 0.6 |
Most of Shinhan Financial's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shinhan Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Shinhan Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Shinhan Financial is extremely important. It helps to project a fair market value of Shinhan Stock properly, considering its historical fundamentals such as Beta. Since Shinhan Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Shinhan Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Shinhan Financial's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Shinhan Financial Group has a Beta of 0.603. This is 26.46% lower than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Shinhan Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shinhan Financial's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shinhan Financial could also be used in its relative valuation, which is a method of valuing Shinhan Financial by comparing valuation metrics of similar companies.Shinhan Financial is currently under evaluation in beta category among related companies.
Shinhan Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Shinhan Financial from analyzing Shinhan Financial's financial statements. These drivers represent accounts that assess Shinhan Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Shinhan Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 21.0T | 16.2T | 19.6T | 18.8T | 20.1T | 13.7T | |
| Enterprise Value | 98.9T | 87.6T | 103.2T | 107.4T | 127.8T | 134.2T |
Shinhan Financial Institutional Holders
Institutional Holdings refers to the ownership stake in Shinhan Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Shinhan Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Shinhan Financial's value.| Shares | Northern Trust Corp | 2023-12-31 | 316.7 K | Goldman Sachs Group Inc | 2023-12-31 | 242.1 K | Rhumbline Advisers | 2023-12-31 | 156.1 K | O'shaughnessy Asset Management Llc | 2023-12-31 | 155.4 K | Ramirez Asset Management Inc | 2023-12-31 | 149.9 K | Wells Fargo & Co | 2023-12-31 | 148.1 K | Sanders Capital, Llc | 2023-12-31 | 137.2 K | Envestnet Asset Management Inc | 2023-12-31 | 135.9 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 128 K | Blackrock Inc | 2023-12-31 | 1.8 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.6 M |
As returns on the market increase, Shinhan Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shinhan Financial is expected to be smaller as well.
Shinhan Fundamentals
| Return On Equity | 0.0816 | |||
| Return On Asset | 0.0066 | |||
| Profit Margin | 0.28 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 48.86 T | |||
| Shares Outstanding | 509.39 M | |||
| Shares Owned By Institutions | 3.00 % | |||
| Number Of Shares Shorted | 437.84 K | |||
| Price To Earning | 4.62 X | |||
| Price To Book | 0.39 X | |||
| Price To Sales | 0 X | |||
| Revenue | 36.39 T | |||
| Gross Profit | 25.67 T | |||
| EBITDA | 1.01 T | |||
| Net Income | 4.18 T | |||
| Cash And Equivalents | 79.61 T | |||
| Total Debt | 143.33 T | |||
| Book Value Per Share | 96,964 X | |||
| Cash Flow From Operations | 14.05 T | |||
| Short Ratio | 3.83 X | |||
| Earnings Per Share | 5.84 X | |||
| Price To Earnings To Growth | 5.10 X | |||
| Target Price | 40.77 | |||
| Beta | 0.6 | |||
| Market Capitalization | 17.4 B | |||
| Total Asset | 691.8 T | |||
| Retained Earnings | 36.39 T | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 3.80 % | |||
| Net Asset | 691.8 T | |||
| Last Dividend Paid | 1575.0 |
About Shinhan Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shinhan Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinhan Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinhan Financial Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:Check out Shinhan Financial Piotroski F Score and Shinhan Financial Altman Z Score analysis. Note that the Shinhan Financial information on this page should be used as a complementary analysis to other Shinhan Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Shinhan Stock analysis
When running Shinhan Financial's price analysis, check to measure Shinhan Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinhan Financial is operating at the current time. Most of Shinhan Financial's value examination focuses on studying past and present price action to predict the probability of Shinhan Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinhan Financial's price. Additionally, you may evaluate how the addition of Shinhan Financial to your portfolios can decrease your overall portfolio volatility.
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Is Shinhan Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.614 | Dividend Share 1.6 K | Earnings Share 5.84 | Revenue Per Share 29.9 K | Quarterly Revenue Growth 5.466 |
The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.