Shinhan Financial Group Stock Analysis

SHG Stock  USD 36.11  0.55  1.55%   
Shinhan Financial Group is overvalued with Real Value of 33.17 and Target Price of 31.54. The main objective of Shinhan Financial stock analysis is to determine its intrinsic value, which is an estimate of what Shinhan Financial Group is worth, separate from its market price. There are two main types of Shinhan Financial's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Shinhan Financial's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Shinhan Financial's stock to identify patterns and trends that may indicate its future price movements.
The Shinhan Financial stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Shinhan Financial is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Shinhan Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Shinhan Financial's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Shinhan Stock Analysis Notes

The company has price-to-book ratio of 0.39. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Shinhan Financial recorded earning per share (EPS) of 5.91. The entity last dividend was issued on the 20th of March 2024. The firm had 2:1 split on the 15th of October 2012. Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea. Shinhan Financial operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 189 people. To find out more about Shinhan Financial Group contact OkDong Jin at 82 2 6360 3000 or learn more at https://www.shinhangroup.com.

Shinhan Financial Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Shinhan Financial's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Shinhan Financial Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
On 17th of May 2024 Shinhan Financial paid $ 0.3944 per share dividend to its current shareholders
Latest headline from businesswire.com: Survey Healthcare Global Wins Two BHBIA BOBI Awards for Healthcare Market Research Excellence

Shinhan Financial Upcoming and Recent Events

Earnings reports are used by Shinhan Financial to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Shinhan Financial previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of March 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Shinhan Largest EPS Surprises

Earnings surprises can significantly impact Shinhan Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-08
2023-12-310.670.740.0710 
2022-02-09
2021-12-310.93420.72-0.214222 
2023-04-27
2023-03-311.751.980.2313 
View All Earnings Estimates

Shinhan Financial Environmental, Social, and Governance (ESG) Scores

Shinhan Financial's ESG score is a quantitative measure that evaluates Shinhan Financial's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Shinhan Financial's operations that may have significant financial implications and affect Shinhan Financial's stock price as well as guide investors towards more socially responsible investments.

Shinhan Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Shinhan Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shinhan Financial Group backward and forwards among themselves. Shinhan Financial's institutional investor refers to the entity that pools money to purchase Shinhan Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2023-12-31
316.7 K
Acadian Asset Management Llc2024-03-31
274.8 K
Goldman Sachs Group Inc2023-12-31
242.1 K
Sanders Capital, Llc2024-03-31
196.7 K
Rhumbline Advisers2023-12-31
156.1 K
O'shaughnessy Asset Management Llc2023-12-31
155.4 K
Ramirez Asset Management Inc2023-12-31
149.9 K
Wells Fargo & Co2023-12-31
148.1 K
Envestnet Asset Management Inc2023-12-31
135.9 K
Blackrock Inc2023-12-31
1.8 M
Dimensional Fund Advisors, Inc.2024-03-31
1.6 M
Note, although Shinhan Financial's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Shinhan Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 18.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shinhan Financial's market, we take the total number of its shares issued and multiply it by Shinhan Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Shinhan Profitablity

Shinhan Financial's profitability indicators refer to fundamental financial ratios that showcase Shinhan Financial's ability to generate income relative to its revenue or operating costs. If, let's say, Shinhan Financial is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Shinhan Financial's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Shinhan Financial's profitability requires more research than a typical breakdown of Shinhan Financial's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.3 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.53 %, which entails that for every 100 dollars of revenue, it generated $0.53 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.14  0.15 
Return On Assets 0.01  0.01 
Return On Equity 0.09  0.12 

Management Efficiency

The Shinhan Financial's current Return On Tangible Assets is estimated to increase to 0.01. The Shinhan Financial's current Return On Capital Employed is estimated to increase to 0.15. At this time, Shinhan Financial's Other Assets are most likely to increase significantly in the upcoming years. The Shinhan Financial's current Other Current Assets is estimated to increase to about 120.8 T, while Total Current Assets are projected to decrease to roughly 43.5 T. Shinhan Financial's management efficiency ratios could be used to measure how well Shinhan Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share95.8 K100.5 K
Net Current Asset Value-229.9 T-241.4 T
Tangible Asset Value9.9 T5.4 T
Tangible Book Value Per Share88.8 K93.2 K
Enterprise Value Over EBITDA 126.50  132.83 
Price Book Value Ratio 0.40  0.38 
Enterprise Value Multiple 126.50  132.83 
Price Fair Value 0.40  0.38 
Enterprise Value127.8 T134.2 T
The analysis of Shinhan Financial's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Shinhan Financial's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Shinhan Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0444
Forward Dividend Yield
0.0444
Forward Dividend Rate
1.58
Beta
0.604

Technical Drivers

As of the 21st of May, Shinhan Financial has the Risk Adjusted Performance of 0.0645, coefficient of variation of 1005.76, and Semi Deviation of 2.07. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shinhan Financial, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Shinhan Financial Group, which can be compared to its competition. Please validate Shinhan Financial jensen alpha, as well as the relationship between the potential upside and skewness to decide if Shinhan Financial is priced more or less accurately, providing market reflects its prevalent price of 36.11 per share. Given that Shinhan Financial has jensen alpha of 0.1185, we advise you to double-check Shinhan Financial Group's current market performance to make sure the company can sustain itself at a future point.

Shinhan Financial Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Shinhan Financial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Shinhan Financial. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Shinhan Financial Predictive Daily Indicators

Shinhan Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Shinhan Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Shinhan Financial Corporate Filings

6K
16th of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
9th of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
26th of April 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
19th of April 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
18th of April 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
27th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
26th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
22nd of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify

Shinhan Financial Forecast Models

Shinhan Financial's time-series forecasting models are one of many Shinhan Financial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Shinhan Financial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Shinhan Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Shinhan Financial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Shinhan shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Shinhan Financial. By using and applying Shinhan Stock analysis, traders can create a robust methodology for identifying Shinhan entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.16  0.29 
Operating Profit Margin 1.69  1.77 
Net Profit Margin 0.12  0.23 
Gross Profit Margin 1.52  0.85 

Current Shinhan Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Shinhan analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Shinhan analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
31.54Strong Buy1Odds
Shinhan Financial Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Shinhan analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Shinhan stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Shinhan Financial, talking to its executives and customers, or listening to Shinhan conference calls.
Shinhan Analyst Advice Details

Shinhan Stock Analysis Indicators

Shinhan Financial Group stock analysis indicators help investors evaluate how Shinhan Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Shinhan Financial shares will generate the highest return on investment. By understating and applying Shinhan Financial stock analysis, traders can identify Shinhan Financial position entry and exit signals to maximize returns.
Begin Period Cash Flow24.4 T
Long Term Debt125.8 T
Common Stock Shares Outstanding519.2 M
Total Stockholder Equity49.7 T
Tax Provision1.4 T
Quarterly Earnings Growth Y O Y-0.015
Property Plant And Equipment Net6.1 T
Cash And Short Term Investments-21.9 T
Cash35.6 T
Accounts Payable16.6 T
Net Debt107.7 T
50 Day M A34.0758
Total Current Liabilities257.7 T
Other Operating Expenses30.2 T
Non Current Assets Total625.5 T
Forward Price Earnings4.0833
Non Currrent Assets Other610.2 T
Stock Based Compensation11.9 B
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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
(0.01)
Dividend Share
2.6 K
Earnings Share
5.91
Revenue Per Share
28.1 K
Quarterly Revenue Growth
0.09
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.